Author

The RBI had last week temporarily allowed banks to raise fresh FCNR(B) and NRE deposits from non-resident Indians (NRIs) without reference to the current regulations on interest rates. This relaxation will be available for the period up to October 31, 2022.

A start-up from the Kashmir, FastBeetle, is helping out small businesses to increase their reach; below article is a summary of the brand’s journey from catering one shop to serving more than 1000 businesses.

Open Doors has a simple onboarding process. If you are already a Truecaller user, you can sign in with just one tap. If you’re not a Truecaller user, your phone number will be verified using a missed call or OTP.

“Musk apparently believes that he – unlike every other party subject to Delaware contract law – is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away.”

The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.

Teknofeet provides foot scan services through offline stores and kiosks leveraging Artificial Intelligence, computer vision and Machine Learning. The brand has its Experience Centre in Gurugram.

In order to ensure safety of merchants and consumers, the RBI issued a payment aggregator framework in March 2020 stating that payment gateways will be mandated to have a license in order to acquire merchants and provide them with digital payments acceptance solutions.

The Noise range of smart watches will be available under the Electronics category on the udaan platform to retailers across 1,200 towns and cities covering over 12,500 pin codes.

The Indian e-commerce industry is on an upward trajectory with over 289 million digital buyers in 2021 and likely to reach 378 million by 2025.

Beth living which is Bengaluru-based company, addresses few challenges with its innovative products which are fire proof, gives pest free experience, water resistance, eco-friendly, easy installation.

MSMEs only represent 1.86 per cent of the agency’s total loan assets of INR 33,884 crore (as of May 2022), the IREDA is attempting to address the issues of MSMEs in order to increase their participation in the renewable energy (RE) sector.

Every month, the Apprenticeship Mela will be hosted wherein selected individuals will receive a monthly stipend, in accordance with government criteria for gaining new skills, giving them the opportunity to earn while they learn.

The students also learnt the activities like getting rice from paddy, de-husking, making steamed rice, production of rice meant for export and extraction of oil from rice and fodder for animals.

The Business Blasters initiative began at the School of Excellence, Khichripur, (Delhi) as a pilot project, in which nine groups of 41 children were formed, each child was given INR 1,000 as seed money, and was asked to make businesses with that money.

Partner registration on online portal of both the Zomato and Swiggy is free. Both of them work on commission basis in which partners are needed to pay certain amount as per the order.