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₹10,000 festive advance scheme: Govt to give pre-loaded RuPay cards
The government will bear bank charges in this regard, it saysFin Min also says that the disbursal of advance through RuPay card ensures digital mode of payment, resulting in tax revenue and encouraging honest businesses
1 min read12 Oct 2020India signs MoU with Saudi Arabia to launch RuPay card in Gulf Kingdom
India has already launched the RuPay card in the UAE, Bahrain, Singapore and BhutanThe RuPay card is a first-of-its-kind Indian domestic Debit and Credit Card payment network
1 min read30 Oct 2019Govt now targets bank accounts for all individuals
Accident insurance cover on Rupay debit cards linked with new insurance accounts increased to ₹2 lakh from ₹1 lakh
1 min read6 Sep 2018Around 39% of ration shops now have PoS machines: Govt
Out of around 5.26 lakh fair price shops in the country, 2.04 lakh have PoS machines, and close to 78% ration cards have been seeded to Aadhaar, says government
2 min read16 May 2017Lucky Grahak Yojana: Mobile EMI fetches Rs1 crore bonanza for engineering student
PM Narendra Modi gave the cash prize to a second year student of Electrical Engineering from Latur in Maharashtra at a function in Nagpur on Friday
1 min read14 Apr 2017RuPay card usage at PoS terminals surges 7 times after demonetisation: NPCI
Transaction volume on the technologically more advanced Unified Payment Interface is 70,000 a day, with 33 banks having joined the platform NPCI launched in April
2 min read27 Dec 2016Making a case for wider acceptance of RuPay cards
NPCI is working to create an acceptance ecosystem at merchant outlets in remote parts of the country
2 min read7 Sep 2015Moving to a cashless economy
Arun Jaitley in his budget speech said that he will incentivize credit or debit card transactions, and disincentivize cash transactions
4 min read2 Mar 2015Jan Dhan Yojana: banks achieve target of opening 100 million accounts
Banks achieve govt's target to open 100 million accounts under PMJDY a month before 26 January deadline
2 min read29 Dec 2014NPCI scrambles to issue RuPay cards as Jan Dhan accounts zoom
Close to 4 crore bank accounts have been opened under the scheme but only about 20 lakh RuPay cards have been issued
1 min read21 Sep 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared