RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

CISF personnel at Mumbai’s CSMI Airport intercepted an attempt to smuggle synthetic diamonds worth Rs 4.93 crore. The diamonds were concealed in a laptop battery compartment and recovered during ...

Are consent managers just intermediaries or crucial privacy enablers? Discussants weigh in on their evolving role under India’s DPDP Act.

The Reserve Bank of India (RBI) has announced a 25-basis point cut in the repo rate in its latest policy review, marking the ...

Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

The exclusion of penal charges from the GST ambit ensures compliance with RBI directives ... within the definition of ‘acquiring bank’,” the CBIC said. The CBIC also clarified that this GST exemption ...

Most neurons that carry signals regarding movement and higher-level functions, such as thinking and reading, are myelinated. Neurons that control feelings of pain and temperature are sometimes ...

The payout stood at 2.1 trillion rupees in the earlier year. The RBI makes an annual payout to the government from the surplus income it earns on investments and valuation changes on its dollar ...

The RBI can ask a bank to cancel them if the bank is in trouble. A bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and KV Viswanathan said it will not hear the four pleas filed ...