The Reserve of Bank (RBI) has imposed a penalty of Rs. 1 crore on the Paytm Payments Bank Limited (PPBL) and Rs. 27.78 lakh on the Western Union Financial Services for non-compliance with certain directions.
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Tech giant Microsoft on October 20, 2021, launched a new initiative Microsoft AI Innovate for nurturing and scaling startups that have been leveraging Artificial Intelligence (AI) in India.
India and Fiji on June 22, 2021, signed a Memorandum of Understanding for cooperation in the field of agriculture and the allied sectors.
The agreement between the two countries was signed by the Union Agric More..
According to the data issued by the Ministry of Commerce and Industry on June 23, 2021, India has attracted a total Foreign Direct Investment (FDI) inflow of USD 6.24 billion during April 2021.
The current n More..
Jamsetji Tata, the founder of Tata Group, has emerged as the biggest philanthropist globally in the last century by donating $102 billion, according to the list of top 50 givers prepared by the Hurun Report and EdelGive Foundation.
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China on June 25, 2021, operationalized its first fully electrified bullet train in the remote Himalayan region of Tibet, connecting the provincial capital Lhasa and Nyingchi, which is a strategically located Tibetan More..
The Government of Japan announced on June 25, 2021, that it will provide USD 9.3 million worth of cold chain equipment and related assistance to India to help the country fight against the COVID-19 pandemic.
Serum Institute of India (SII) CEO Adar Poonawalla on June 25, 2021, said that the first batch of COVOVAX vaccine is being manufactured this week at the Pune facility of SII.
COVOVAX is a COVID-19 vaccine de More..
Japan on June 25, 2021, ratified the Regional Comprehensive Economic Partnership (RCEP) which is a free trade agreement between Australia, China, and the Association of Southeast Asian Nations (ASEAN).
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The heads of the global health, Intellectual Property, and trade bodies on June 24, 2021, announced a joint platform to help the countries around the world plug the gaps in accessing the COVID-19 vaccines, technologi More..