The Ministry of Road Transport and Highways (MoRTH) has firmly refuted media reports suggesting the replacement of the FASTag system with satellite-based toll collection from 1 May 2025. In a recent statement, MoRTH, along with the National Highways Authority of India (NHAI), clarified that no such decision has been made regarding a nationwide shift to …
In a move to bolster digital banking security and boost customer trust, the Reserve Bank of India (RBI) has directed all Indian banks to shift their net banking platforms to a new, exclusive internet domain — “.bank.in” — by October 31, 2025. Strengthening Cybersecurity and Enhancing Digital Trust This step, originally announced on February 7, …
India’s young generation is independent, ambitious, and tech-savvy. But with this confidence comes a growing problem — many are defaulting on small personal loans, especially those under ₹50,000. Recent data from CRIF and the Digital Lenders Association of India (DLAI) shows that around 26% of these loans haven’t been repaid for more than 90 days, …
The BharatNet project is a flagship initiative by the Government of India, aimed at digitally empowering rural India by providing high-speed broadband connectivity to all Gram Panchayats (GPs). Recognised as one of the largest rural telecom projects globally, BharatNet is bridging the digital divide between urban and rural communities and laying the foundation for inclusive …
The Ministry of Home Affairs (MHA) has issued a high-priority alert warning citizens and authorities about a surge in fake ₹500 currency notes circulating in the market. This calls for a check in your wallet, whether you are carrying a counterfeited or fake ₹500 note. According per news reports, alerts have been issued to key …
Launched by Union Finance Minister Nirmala Sitharaman, the PM Internship Scheme aims to provide young individuals aged 21-24 years from low-income households with 12-month internship opportunities in the top 500 companies in India. Over the next 5 years, the PM Internship Scheme (PMIS) aims to offer 1 crore internships at leading companies. Round 2 of …
The Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to redefine financial inclusion in India. As of April 2025, Jan Dhan deposits have touched a record ₹2.63 lakh crore, showing strong progress in expanding access to banking for all. A Record Rise in Deposits According to recent government data, Jan Dhan account deposits reached ₹2,63,145 crore …
The Government of India has introduced key revisions to the Domestic Gas Allocation Policy, aimed at improving the reliability and affordability of natural gas supply to the Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) segments. These steps are aligned with India’s broader goals of promoting clean energy usage, enhancing air quality, and …
Starting May 1, India will introduce a new GPS-based toll collection method. This is a major change to how tolls are collected on national highways. The National Highways Authority of India (NHAI) is replacing the current FASTag system to make highway travel faster, easier, and more transparent. Read more on: MoRTH Denies FASTag Replacement Rumours; …
The Reserve Bank of India (RBI), in its April 2025 policy meeting, reduced the repo rate by 25 basis points (bps), bringing it down to 6.00%. This marks the second rate cut of the year, totalling 50 bps so far in 2025. The RBI has also changed its policy stance from ‘neutral’ to ‘accommodative’, signalling …
