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RBI Proposes Standardised Forms and 15-Day Settlement for Deceased Customers Claims
Context: The Reserve Bank of India (RBI) has issued a draft circular titled Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Bank
11 Aug 2025
LIC Enters Bond Forward Rate Agreements (FRA) Market
Context: State-owned Life Insurance Corporation of India (LIC) has officially entered the bond Forward Rate Agreements (FRAs) market through transactions with o
11 Aug 2025
ICICIBank Hikes Minimum Balance Requirement for New Savings Accounts
Context: ICICI Bank, one of India’s leading private sector banks, has revised the minimum average balance (MAB) requirements for new savings accounts opened on
11 Aug 2025
India to Launch 6,500 kg U.S. Communication Satellite After NISAR Mission
Context: Following the successful launch of the NISAR satellite on July 30, 2025, the Indian Space Research Organisation (ISRO) is preparing to launch a 6,500 k
11 Aug 2025
Khelo India ASMITA Football League 2025-26
Context: The Khelo India ASMITA Football League 2025-26 was launched in Jalgaon, Maharashtra, marking a significant step toward affirmative action in sports aim
11 Aug 2025
PM E-Drive Subsidy Scheme
Context: The Central Government has extended the PM E-Drive subsidy scheme by two years, now running until the fiscal year 2027-28. This comes as nearly half of
11 Aug 2025
8 & 9 August, 2025
ChatGPT 5 · India’s 3rd Launch Pad in Sriharikota by 2029
Daily 11 Aug 2025
AI and Satellite Intelligence Transforming Indian Agriculture
Context: India’s agriculture sector, employing ~150 million farmers and contributing 18% to GDP, faces climate change, soil degradation, and pest attack challen
11 Aug 2025
Kotak Mahindra Bank Launches ‘Solitaire’ Programme
Context: Kotak Mahindra Bank has introduced ‘Solitaire’, an exclusive, invitation-only programme designed for affluent customers, offering premium banking privi
11 Aug 2025
DSP Mutual Fund Launches India’s First Flexi-Cap Index Fund
Context: DSP Mutual Fund has introduced the DSP Nifty500 Flexicap Quality 30 Index Fund, marking it as India’s first-ever flexi-cap index fund. The fund is desi
11 Aug 2025
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