Search Results for: Ministry of finance

Reserve Bank of India (RBI)

India and ASEAN Unite for Cross-Border Payments

The Reserve Bank of India (RBI) has made a significant stride towards financial integration by collaborating with four ASEAN countries to establish a platform for instantaneous cross-border retail payments. Jul 1, 2024
exchnage

ERAM: Revolutionizing Exchange Rates for Importers, Exporters

The Central Board of Indirect Taxes and Customs (CBIC) has launched the Exchange Rate Automation Module (ERAM) to enhance trade facilitation. The ERAM will publish exchange rates of 22 currencies online in advance, replacing the existing manual process. Jun 28, 2024
AI

Bengaluru Emerges as 7th Best Global AI Hub

Bengaluru, India, has made a significant mark on the global Artificial Intelligence (AI) landscape, securing the seventh position among the top AI Hubs worldwide. Jun 28, 2024
Key investors move NCLT against Byju's rights issue, firm says yet to get any petition

Byju's Cleared of Financial Fraud But Governance Lapses Found

In a significant development, the Indian government has concluded a year-long investigation into the financial operations of Byju's, the embattled edtech firm. The probe, led by the Ministry of Corporate Affairs (MCA), found no evidence of financial fraud or manipulation of accounts. Jun 26, 2024
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