The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based on their indents. The central bank has identified four banks for the first phase of the pilot - State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank - in four cities, Mumbai, New Delhi, Bengaluru and Bhubaneswar. The highest indent was received from one private sector bank.
MEA xpokesperson Arindam Bagchi said India continues to closely follow the developments in Sri Lanka and that it is aware of the many challenges that the country and its people have been facing.
Video footage from inside the building showed hundreds of protesters packing into rooms and corridors, while hundreds also milled around the grounds outside.
Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads.
Indian genetics put us at a higher tendency to gain belly fat.
When humanity's away, the animals will play. With much of the world driven indoors to quarantine during the coronavirus pandemic lockdown, some species not often seen -- or, at least, rarely in such large numbers, and certainly not against such empty backdrops -- are exploring cities across the globe. We must sadly report that though there have been many circulating on social media, many of these optimistic posts have turned out to be fake -- there were no dolphins in Venice's celebrated canals, or drunken elephants ambling through China's Yunnan province. However, there are some other instances where animals have, in fact, come out to explore city streets.
Eyewitnesses said that a section of the protesters had remained for the all-night vigil.
Presenting a bunch of die-hard foodies from Hyderabad, who are killing it in the food Instagram stakes!
Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
As Madhya Pradesh goes to polls, all eyes will be on 29 key assembly seats, out of the total 230, where the contest will be keenly watched.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported.
In a televised address to the nation, Mahinda, who is under growing pressure to quit due to the worst economic crisis facing the island nation, said that he understands the people's sufferings.
'If the National Conference and PDP make handsome electoral gains in the valley and call for the restoration of the former state's lost status, how will the rulers in Delhi respond?' asks Amulya Ganguli.
An unplanned trip to Hoi An in Vietnam turns out to be more fascinating and historic than the mainstream Hanoi and Ho Chi Minh City says Anjuli Bhargava.
Will Empire strike back to prevent a game changing election result, asks T P Sreenivasan.
'The unfolding events indicate a dangerous internal security situation in Manipur and the region. It can have external ramifications also.'
Rajapaksa's decision was to ensure public security and maintain essential services so as to ensure a smooth functioning of the country, the presidential media division said.
While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.
Intense showers battered Chennai and other northern regions of Tamil Nadu on Thursday while the depression over Bay of Bengal crossed the coast by evening.
Tirumurti said India continues to remain deeply concerned at the worsening situation and reiterates its call for immediate cessation of violence and end to hostilities.
Despite mounting pressure, Gotabaya, and Prime Minister Mahinda have refused to quit office.
The decision was taken during a crucial all-party leaders meeting held earlier in the day.
India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.
According to the ministry, "potentially dangerous or difficult situations" that are "to be expected" include use of Molotov cocktails (including by local people or militia), building collapse, falling debris, internet jamming, lack of electricity or food or water, exposure to freezing temperature, psychological trauma, injuries, lack of medical support, lack of transportation and face-to-face situation with armed fighters or military personnel.
'This is still a relatively immature defense and high-tech relationship.'
Nancy Pelosi's gritty refusal to backtrack on her plans to visit Taiwan is part of who she is.
'...through the will of the people and commitment of leaders.' 'It may not happen today or tomorrow, but it will happen.'
Some analysts see more upside in FMCG stocks given the performance gap between the sector and the market.
Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads, officials said.
Tokyo Olympics-bound Indian athletes attended a cultural sensitivity workshop, named 'Omotenashi', on Thursday. Conducted by the Sports Ministry, 'Omotenashi' (the Japanese version of Atithi devo bhava) was organised by the Sports Authority of India, in association with the Indian Olympic Association.
Looking for an adventure escape or a soulful vacay? Here's our guide for your next solo travel jaunt.
Delhi Police personnel, who have been on duty during the multiple protests in Delhi against amended citizenship act, said they want normalcy to be restored in the national capital soon. Some of the policemen who were deployed at Jantar Mantar said they were not even able to go on a tea break or use the restroom.
Just as unregulated unauthorised hawkers and their shops can kill a city, some space needs to be carved out for distinctive affordable street food, says Shubir Roy.
'I saw several people on roads who could not even afford to have one meal and were struggling to survive. I and some of my friends then thought of doing something to help the daily wagers and needy people'
Sri Lanka Prime Minister Mahinda Rajapaksa's residence in the city of Kurunegala in the north-western province was set on fire on Monday, hours after the leader tendered his resignation.
Tirumala-Tirupati, the most popular, and wealthiest, temple in India was cut off on Thursday following heavy rains that flooded the main shrine at Tirumala and led to the shutdown of the ghat roads that lead to it.
Having developed a taste for what humans eat, the monkeys are wreaking havoc in Shimla, reports Ashwani Sharma.
The ex-president returned to Sri Lanka on a Singapore Airlines flight.