According to two senior executives of private sector banks who spoke on the condition of anonymity, the Reserve Bank of India’s (RBI) decision to bar global card network Mastercard from issuing new cards, which comes on the heels of similar punitive actions against two other card networks, will cause significant disruption in India’s evolving payments system.
Tag: News
China’s Reaction to Foreign Minister S Jaishankar’s Firm Message on the Ladakh Situation
While China has deployed its forces out of Galwan Valley and Pangong Tso, the disengagement from other friction points in eastern Ladakh, including as Hot Springs, Gogra, and Depsang, has not been completed. After India made it clear to China that the continuation of the current situation in eastern Ladakh was having a “negative impact” on bilateral ties, Beijing indicated today that it is willing to negotiate a “mutually acceptable solution” to the issues that demand “urgent treatment.”
Almost the entire country of India is covered by monsoon.
Even though monsoon rains reached Jaisalmer and Ganganagar in the desert on Monday, it missed Delhi and parts of Haryana. Himachal Pradesh, on the other hand, was drenched as torrential rains pounded the state.
Maharashtra need 3 million doses of Covid vaccine per month.
According to state Health Minister Rajesh Tope, Maharashtra need at least three crore vaccine doses per month to inoculate the whole eligible population against coronavirus as soon as possible.
2021 : Modi Cabinet Expansion
43 leaders were sworn in as ministers in the Modi government as part of a massive cabinet expansion. The government includes Jyotiraditya Scindia, Pashupati Kumar Paras, Bhupender Yadav, Anupriya Patel, Shobha Karandlaje, Meenakshi Lekhi, Ajay Bhatt, and Anurag Thakur, among others.
Petrol, Diesel Prices High
Domestic petrol and diesel prices are unlikely to fall for some time unless the government decides to slash fuel taxes or bring petroleum goods under the scope of the Goods and Services Tax (GST). Since last month, fuel prices have been climbing every other day as state-run oil marketing firms (OMCs) upped the frequency of hikes in response to firming international crude oil rates.
A Court Warns Twitter “If It Thinks It Can Take As Long As It Wants…”
Twitter, which missed its deadline to comply with new IT rules requiring social media companies to designate India-based officials by weeks, said it was in the process of doing so and would take two more weeks. “How long does it take you to complete your process? I will not enable Twitter to take as much time as it wants in our country “Rekha Palli, a judge, stated.
2021: School Reopening Updates
As the situation in Bihar improves, the state government has relaxed Covid restrictions. Universities, schools, and institutions will resume with 50% attendance, according to the administration. Schools would resume in the state for Class 11th and 12th students, according to Chief Minister Nitish Kumar.
Over the BRO Road Fiasco, Pema Khandu and Kiren Rijiju have been charged by the police.
The complaint was over the renaming of Kimin as Bilgarh in Assam by the Border Roads Organization during a June 17 event in which Defense Minister Rajnath Singh launched the 20-kilometer Kimin-Potin road and 11 other projects.
Murder: Gulshan Kumar
On August 12, 1997, Gulshan Kumar, commonly known as the “Cassette King,” was shot dead as he exited a temple in Mumbai. Three gunmen fired
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