Context: For that matter, bank credit growth during this financial year is predicted to remain under steam compared to the last year’s buoyancy and expected growth target of as high as 16%.
NPCI Extends Period for UPI Apps
Context: The National Payments Corporation of India (NPCI) has extended further the deadline for implementing the transaction volume cap on Unified Payments Interface apps by two years- until December 31, 2026. Unified Payments Interface Third-Party Application Provider
Family Settlement Disclosure
Context: Kirloskar Oil Engines submitted the Application to the Securities and Exchange Board of India for the disclosure of family settlement deed entered among various Kirloskar family members. Key Highlights: SEBI Issued a Directive on Transfer of Shareholdings
Small Savings Rates Stay Unchanged
Context: The Centre on Tuesday decided to maintain status quo on the returns payable on small savings schemes such as Public Provident Fund (PPF) for the January to March 2025 quarter. PPF – Public Provident Fund Employees’ Provident Fund Organisation (EPFO) Su
WhatsApp Pay can now extend UPI to all India users
Context: National Payments Corporation of India (NPCI) said has removed the UPI user onboarding limit for WhatsApp Pay [third party app provider (TPA)], with immediate effect. With this, WhatsApp Pay can now extend UPI services to its entire user base in India, NPCI said. Unified Payments Interface (UPI)
Fiscal Deficit and Capital Spending of the Union Government
Context: Fiscal deficit of the Union Government is now standing at 52.5% of total Budget Estimates meant for 2024-25 by the end of November, compared with 46.5% previously one month ago. Capital Expenditure CapExFiscal deficit
MGNREGS Work Demand Hike
Context: The number of people demanding work every month on average under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) increased to a four-month high of 25.73 million in December, according to the latest data from the government. Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)
Launch Plan of ISRO in 2025
SpaDeX Mission
Vadhvan Port
Context: ITD Cementation India Ltd has won an engineering, procurement, and construction (EPC) contract worth ₹ 1,648 crore for construction at the Vadhvan Port in Maharashtra. Vadhvan Port: Deep Seaport in Maharashtra Switzerland to Invest in Vadhvan Port
‘Spurious’ drugs worth nearly ₹6.6 crore seized in Kolkata
Context: A large quantity of suspected spurious anti-cancer, anti-diabetic, and other drugs has been seized from Kolkata. The seizure follows a joint investigation conducted by the Central Drugs Standard Control Organisation (CDSCO). Central Drugs Standard Control Organisation (CDSCO). Not of Standard Quality (NSQ) Drugs
