'You need the drishti, the experience. I am beginning to see things differently.'
India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.
The first national flag in Independent India was hoisted at Fort St George in Madras, not at Delhi's Red Fort.
Former India batter Aakash Chopra believes Rishabh Pant will need to reassess his approach in T20 cricket after enduring a 'nightmare' IPL season.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.
Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
So far, most of the injured have been released. Currently, 106 people are being treated in hospitals, and another 149 are being treated in the emergency room.
'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'
The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking transaction details. Investors must understand the tax rules governing crypto assets and respond promptly to these emails.
Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.
After weeks of organisational shakeup, Tata Digital's new chief executive Naveen Tahilyani has come up with a revamped executive team for the Neu super app. Tahilyani announced his A-team in an internal mail to employees. The focus of the rejig has been to streamline the structure of the leadership and make the firm nimble and business focused.
What keeps the momentum going is Kajol's fully committed performance that elevates this generic material to a surprising degree of watchability, feels Mayur Sanap.
While MI's win will assure them of a place in the play-offs, Delhi Capitals need to win both their remaining games to advance.
'Languages should be introduced when the brain is ready, not when it's most vulnerable.'
Tata Harrier.ev versus Mahindra BE.06 versus Mahindra XEV.9E -- which one should you buy? Rajesh Karkera offers a checklist of features to influence your decision.
The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to bolstering India's digital economy, making payment systems more efficient, and checking money laundering. In a concept note on Central Bank Digital Currency, the RBI said CBDC is aimed to complement, rather than replace, current forms of money and is envisaged to provide an additional payment avenue to users, not to replace the existing payment systems. "Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee (e?) system will further bolster India's digital economy, make the monetary and payment systems more efficient and contribute to furthering financial inclusion," the paper said.
Gujarat Titans will look to bounce back from the carnage that wonder boy Vaibhav Suryavanshi inflicted on them when they face a stuttering Sunrisers Hyderabad in the IPL match in Ahmedabad on Friday.
The Reserve Bank will launch the first pilot for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee - wholesale segment on November 1. The Reserve Bank announces the launch of the first pilot for retail digital rupee (e?-R) on December 1, 2022, the central bank said in a statement on Tuesday.
'Of course, people will have to carry documents all the time. There is overall uncertainty in living in the US.'
Lucknow Super Giants skipper Rishabh Pant's woeful form with the bat and Punjab Kings captain Shreyas Iyer's sublime touch have made Sunday's mid-table clash an engrossing contest -- one that could decisively shape the fortunes of either side as the IPL enters its business end.
'Unless we consistently show up with the right cars, at the right time, priced fairly, we risk becoming irrelevant very quickly.'
The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices -- a technique commonly referred to as dark pattern -- and submit reports to the Department of Consumer Affairs (DoCA). It comes just a week after Uber was issued a notice by the Central Consumer Protection Authority (CCPA) over its "advance tip" feature.
'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
The Enforcement Directorate (ED) has seized its biggest-ever cryptocurrency worth Rs 1,646 crore in a money laundering investigation into a fraud investment scheme called BitConnect. The scheme, which ran between 2016 and 2018, promised investors high returns through a proprietary trading bot but was found to be a sham. The ED tracked transactions through the dark web and seized the cryptocurrency from numerous wallets. This is the agency's largest-ever seizure of virtual digital assets and the investigation is ongoing.
The Karnataka government is planning to levy a fee of 1-2 per cent on aggregator platforms like Swiggy, Zomato, Flipkart, Amazon, Uber, etc., a government source said on Friday, adding that an announcement in this regard could come following a sub-committee meeting next week. "There is a sub-committee meeting scheduled in the coming week.
The tax department conducts about 100-150 "full blown" searches and surveys in a financial year, and this enforcement action is not aimed towards the common taxpaying individual or entity.
The incident happened on Sunday night when the woman, an undergraduate student at a private college, went to the beach along with her boyfriend, who is a classmate, on the occasion of the Raja festival, they said.
'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'
The census will be carried out with a reference date of October 1, 2026 in snow-bound areas like Ladakh and March 1, 2027 in the rest of the country, the notification said.
Asked whether he supports home advantage in the IPL, Ganguly gave a measured response.
'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'
This will also mark Dhoni's first match as skipper since leading CSK to their record-equalling fifth title in 2023.
Maharashtra Cyber has issued advisories to various state government departments, including police, to take precautionary steps to avoid cyber attacks after the credentials of many of these departments were found on the darknet. The departments include the Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others. Maharashtra Cyber has also written to the Ministry of Electronics and Information Technology (MeitY) recommending blocking of Wikipedia and Proton Mail platforms under relevant sections of the Information Technology Act for failing to comply with specific police directives.
Lucknow Super Giants mentor Zaheer Khan believes Rishabh Pant needs to find his form with the bat to help the team bounce back from a poor run of scores in the IPL.
One cycle refers to three seasons between mega auctions, meaning Russell is aiming to stay with KKR well into his 40s if form and fitness permit.
The BJP has demanded the intervention of the Lieutenant Governor of Delhi in the renaming of the official 'CMO Delhi' handle on X to 'Arvind Kejriwal At Work', alleging that the change was made at the behest of the former chief minister. The party accused Arvind Kejriwal of misusing public funds for his own digital propaganda and demanded legal action against him. The Aam Aadmi Party (AAP) responded by urging the BJP to focus on governing Delhi instead of making "baseless allegations."
An Indian delegation led by the BJP's Ravi Shankar Prasad will tour key European capitals to expose Pakistan's role in cross-border terrorism and State-sponsored extremism.
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