Revamping Drainage System To End Water-Logging Will Take Time: Delhi CM Arvind Kejriwal
🙂Delhi->London🙂
🙂Delhi->London🙂
Report: Indian company Action Construction (ACE) has won a big defence order from DRDO.
India will host defence ministers of many African countries during DefExpo 2022.
First in-person Quad Summit in US on September 24
Textile PLI scheme: 35 companies line up Rs 10,000-crore investment.
Report: USA's Biden admin is quietly pressuring India to restart vaccine exports with plans to offer a higher-profile role for PM Narendra Modi at an upcoming COVID-19 global summit in New York, if he agrees to release vaccines soon.
Top officials of ISRO from the space sector have said that ISRO’s PSLV rocket will soon be made in an end-to-end manner by Indian industry and that other Indian rockets will also follow the same path.
Account Aggregator framework takes off: Over 10,000 accounts linked; 14,000 consent requests served
The framework ensures swift data sharing, reduced cost of credit by eliminating physical documents, authenticity for Financial Information Users (FIUs) and will soon extend to avail insurance and mutual funds. It's essentially the UPI of money lending. It is expected to democratise credit in a country where the credit-to-GDP ratio stands at 56 percent, much below peers.
https://t.co/dR44FsXfys
The framework ensures swift data sharing, reduced cost of credit by eliminating physical documents, authenticity for Financial Information Users (FIUs) and will soon extend to avail insurance and mutual funds. It's essentially the UPI of money lending. It is expected to democratise credit in a country where the credit-to-GDP ratio stands at 56 percent, much below peers.
https://t.co/dR44FsXfys
Moneycontrol
Account Aggregator Framework Takes Off: Over 10,000 Accounts Linked; 14,000 Consent Requests Served
The AA ecosystem awaits more banks to go live on the network to achieve its full potential. Even as use cases are expected to evolve extensively, players do not see this as a huge threat to credit bureaus.
India and Singapore to link their Fast Payment Systems – Unified Payments Interface and PayNow
https://m.rbi.org.in//Scripts/BS_PressReleaseDisplay.aspx?prid=52223
https://m.rbi.org.in//Scripts/BS_PressReleaseDisplay.aspx?prid=52223
rbi.org.in
Reserve Bank of India
description
Indian Army will have to wait for at least one and half years to get the second lot of over 72,000 US-made assault rifle Sig Sauer 716 as the cost is still being negotiated.