The Unified Pension Scheme (UPS) has been implemented for All India Services (AIS) officers of the Rajasthan cadre, as per a notification issued by the Department of Personnel (DOP). This scheme will serve as an optional benefit under the existing National Pension System (NPS). The central government has introduced UPS as an alternative for NPS-covered …
भारत के डिजिटल भुगतान पारिस्थितिकी तंत्र के लिए एक महत्वपूर्ण कदम में, भारतीय रिजर्व बैंक (आरबीआई) ने नेशनल पेमेंट्स कॉरपोरेशन ऑफ इंडिया (एनपीसीआई) को यूनिफाइड पेमेंट्स इंटरफेस (यूपीआई) के माध्यम से किए गए पर्सन-टू-मर्चेंट (पी2एम) भुगतानों के लिए लेनदेन सीमा बढ़ाने की अनुमति दी है। यह निर्णय आरबीआई की विकसित हो रही उपयोगकर्ता आवश्यकताओं को …
Wondering if banks and stock markets will remain closed on Akshay Tritiya 2025? Let’s find out. Akshaya Tritiya is a very important and auspicious festival celebrated across India. It falls on the third day of Shukla Paksha and is considered a lucky day for starting new ventures and making big purchases, especially gold. Are Banks …
India has witnessed a remarkable surge in patent filings by startups and MSMEs over the past 5 years. According to Mr. N. Ramchander, Joint Controller of the Controller General of Patents, Designs, and Trademarks, the number of patent filings by these enterprises has risen by an astounding 310%, from 1,492 in 2018-19 to 6,120 in …
In a major move, the Reserve Bank of India (RBI) has announced that children aged 10 years and above can now independently open and operate their own savings and term deposit accounts. This decision, made public on April 21, 2025, aims to teach financial responsibility from an early age. RBI: Minors Can Now Operate Accounts …
The Uttar Pradesh government aims to install 8 lakh solar rooftop plants by March 2027. This initiative is part of the PM Surya Ghar Yojana which was launched in February 2024. The government aims to promote green energy and reduce reliance on conventional power sources. Focused Targets and Real-Time Monitoring For FY26, the goal is …
Amaravati, the planned capital city of Andhra Pradesh, is all set to make history. It aims to become the world’s first city powered entirely by renewable energy. With a vision to create a modern and eco-friendly “people’s capital,” the project is being built with a focus on sustainability and clean energy. Powering Amaravati with Green …
UPI has already transformed the way over 450 million Indians make payments. India is now aiming to bring 200–300 million more users onto its flagship Unified Payments Interface (UPI) platform. This move will significantly boost the adoption of digital payments in the country. This will also position UPI as a global standard for real-time payments. …
The number of companies with a market capitalisation of ₹1 lakh crore has increased over 40 times in the last 2 decades. This growth was driven by strong economic fundamentals, financial reforms, and increased investor participation. NSE’s market share rose from 18% to over 60% due to this surge, as per news reports. Historical Growth …
The Income Tax Department has delayed the release of ITR forms and utilities for Assessment Year 2025–26. Even though there haven’t been any big changes in the Finance Act 2024, the delay could be due to some internal work or technology updates within the department. They might be working to update the forms to match …
