India Post Payments Bank introduced issuer charges for AePS

India Post Payments Bank introduced issuer charges for AePS

May 28, 2022

India Post Payments Bank (IPPB), Department of Post (DoP), and Ministry of Communication have introduced issuer charges for the Aadhaar Enabled Payment System (AePS). AePS Issuer transaction charges will be in effect from June 15, 2022. AePS is a bank-led model that enables online interoperable financial inclusion transactions at the Point of Sale (MicroATM) using …

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3rd Global Organic Expo 2022 starts in New Delhi

May 28, 2022

3rd Global Organic Expo 2022 is poised to be a major platform for Organic Producers, Aggregators, Processors, Value Chain Integrators, and the Industry Partners by offering Global level conference, with an apt theme “Profitability for Humanity”. More than 200 organic products and service companies participated in the previous events. It offers a great opportunity for …

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According to SBI report, India’s GDP growth to be 8.2-8.5 percent in FY22

May 28, 2022

According to the State Bank of India‘s research paper Ecowrap, India’s Gross Domestic Product (GDP) growth in FY22 is predicted to be in the range of 8.2 to 8.5 percent. Uncertainties abound in Q4FY22 GDP estimates, as normal quarterly data adjustments are tough to fathom, but the research produced by SBI’s Economic Research Department predicts …

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From October 1st, government to require all imports of paper to be registered

May 28, 2022

The import policy for key paper products has been changed from free to free with mandatory registration under the Paper Import Monitoring System. The DGFT issued a notification to this effect. Newsprint, handmade paper, wallpaper base, duplicating paper, coated paper, parchment paper, carbon paper, uncoated paper, Litho and offset paper, tissue paper, wall paper, envelops, …

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New Arunachal monkey named after Sela pass

May 28, 2022

A new species of old world monkey, “The Sela Macaque” was geographically separated from the Arunachal Macaque by the Sela, an eastern Himalayan pass located at an altitude of 13,700 feet. Sela macaque ( Macaca selai), the new-to-science primate was identified and analysed by a team of experts from the Zoological Survey of India (ZSI) …

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CCEA cleared sale of GoI’s 29.5% stake in Hindustan Zinc

May 28, 2022

Cabinet Committee on Economic Affairs (CCEA) has approved the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL). The sale of a 29.58% stake represents more than 124.96 crore shares which would raise around Rs 38,000 crores at the current market price. This decision will strengthen the government’s disinvestment drive in the current fiscal year. …

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FIEO launches first-of-its-kind B2B digital marketplace for exporters, MSMEs and farmers

May 28, 2022

The Federation of Indian Export Organisations (FIEO) has launched the first-of-its-kind online marketplace for Indian exporters and foreign buyers. The marketplace – Indian Business Portal – will act as a B2B digital marketplace to help micro, small and medium enterprises (MSME) exporters, artisans and farmers to identify new markets for their products and grow their …

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2022 Global Food Policy Report: Climate Change & Food Systems

May 28, 2022

Global Food Policy Report The Intergovernmental Panel on Climate Change (IPCC) of the United Nations has issued a warning about an impending crisis: Climate change has triggered a code red for humanity, requiring immediate action. This dilemma is inextricably linked to food systems. Climate change has already begun to diminish agricultural output and disrupt supply …

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MUFG Bank of Japan receives approval to open a branch at GIFT City

May 28, 2022

MUFG Bank, a Japanese lender, will open a branch in Ahmedabad’s Gujarat International Financial Tec City (GIFT City) to conduct foreign currency lending. This will be the company’s sixth location in India. With a broader range of financial services, MUFG can better serve its domestic and international clients. It has offices in Mumbai, Delhi, Bengaluru, …

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Rajasthan adopts revised criteria for IG Shehri Rozgar Guarantee Yojana

May 28, 2022

Indira Gandhi Shahari Rozgar Yojana New rules for the implementation of the Indira Gandhi Shahari Rozgar Yojana have been accepted by Rajasthan Chief Minister Shri Ashok Gehlot. The scheme, modelled after the Mahatma Gandhi National Rural Jobs Guarantee Act (MGNREGA), was introduced by Gehlot in the 2022-23 budget to create employment in metropolitan areas . …

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Monthly Archives: May 2022

India Post Payments Bank introduced issuer charges for AePS

3rd Global Organic Expo 2022 starts in New Delhi

According to SBI report, India’s GDP growth to be 8.2-8.5 percent in FY22

From October 1st, government to require all imports of paper to be registered

New Arunachal monkey named after Sela pass

CCEA cleared sale of GoI’s 29.5% stake in Hindustan Zinc

FIEO launches first-of-its-kind B2B digital marketplace for exporters, MSMEs and farmers

2022 Global Food Policy Report: Climate Change & Food Systems

MUFG Bank of Japan receives approval to open a branch at GIFT City

Rajasthan adopts revised criteria for IG Shehri Rozgar Guarantee Yojana

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