RBI asks Kotak Mahindra Bank to stop issuing fresh credit cards

The recent directive from the Reserve Bank of India (RBI) to Kotak Mahindra Bank to cease issuing new credit cards and onboarding new customers through its online and mobile banking channels is indeed a significant regulatory action. The RBI, however, directed the bank to continue providing services to its existing customers, including its credit card customers. “The Reserve Bank of India has today, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, directed Kotak Mahindra Bank Limited (hereinafter referred to as ‘the bank’) to cease…

SC seeks clarification from EC on ‘complete count’ of VVPAT slips

The Supreme Court’s notice to the Election Commission regarding Voter Verifiable Paper Audit Trails (VVPATs) highlights the importance of ensuring transparency and accountability in the electoral process. The VVPAT play a crucial role ,which generates a paper slip which can be viewed by the voter and the paper slip is kept in a sealed cover, which can be verified by the voter themselves and can be opened in case of a dispute. This move suggests that the Supreme Court is keen on addressing any concerns or discrepancies related to the use…

“Even Ambedkar Cannot Abolish Constitution: PM Modi Slams Opposition”

Prime Minister Narendra Modi defended his government against claims by the Opposition that BJP seeks to destroy the Constitution. Speaking at an election rally in Barmer, Rajasthan, Modi said, “The Constitution of the country is everything for the (BJP) government, and even if Babasaheb Ambedkar himself comes, he cannot abolish the Constitution.” The Prime Minister also launched a scathing attack on Congress for claiming that the country’s Constitution and democracy would be in danger if he wins a third term in the upcoming Lok Sabha elections. “The Congress tried to…

“‘Time Is Not Far’: PM Modi Says Statehood, Assembly Polls for J&K Soon”

In a big message for Jammu and Kashmir, Prime Minister Narendra Modi on Friday said the time is not far when assembly elections will be held and statehood will be restored in the Union Territory. Addressing an election rally in J&K’s Udhampur, PM Modi said what has happened so far is “just the trailer”. PM Modi also slammed the Congress and Opposition bloc ‘INDIA’, saying their members “do not care about the sentiments of the majority of the people of the country.” “They enjoy playing with the sentiments of the…

PRESIDENT OF INDIA INAUGURATES A HOMOEOPATHY SYMPOSIUM ON WORLD HOMOEOPATHY DAY

The President of India, Smt Droupadi Murmu inaugurated a two-day Homoeopathy Symposium, organized by Central Council for Research in Homoeopathy, in New Delhi today (April 10, 2024) on the occasion of the World Homoeopathy Day. Speaking on the occasion, the President said that Homoeopathy has been adopted in many countries as a simple and accessible treatment method. All over the world, many institutions at international, national and local levels have been promoting Homoeopathy. She appreciated the Ministry of AYUSH, Central Council for Research in Homoeopathy, National Commission for Homoeopathy, National Institute…

“PM Modi Extends Greetings on Gudi Padwa, First Day of Navratri”

Prime Minister Narendra Modi on Tuesday extended Navratri greetings to the country on the occasion of the first day of the nine-day long Hindu festival and wished people for Ugadi, Cheti Chand, Sajibu Cheiraoba, Navreh and Gudi Padwa, which are celebrated in different parts of the country to mark the traditional new year. “Today on the first day of Navratri, I bow down and pay my respects to Maa Shailputri! May Devi Maa infuse new power and energy in the lives of all my family members in the country. This prayer…

PM participates in Sashakt Nari – Viksit Bharat programme

The Prime Minister, Shri Narendra Modi today participated in Sashakt Nari – Viksit Bharat programme and witnessed agricultural drone demonstrations conducted by Namo Drone Didis at Indian Agricultural Research Institute, Pusa, New Delhi. Namo Drone Didis from 10 different locations nationwide also participated in the drone demonstration simultaneously. During the programme, the Prime Minister also handed over drones to 1,000 Namo Drone Didis. The Prime Minister also disbursed around Rs 8,000 crore Bank loans to Self Help Groups (SHGs) at subsidised interest rate through Bank Linkage Camps set up by …

PM Modi To Inaugurate Dwarka Expressway Today; Road Projects Worth Rs 1 Lakh Crore To Be Launched Across India

Prime Minister Narendra Modi will today visit Gurugram to inaugurate the Haryana section of the Dwarka Expressway. Besides, PM Modi will inaugurate and lay the foundation stone of multiple road projects worth Rs 1 lakh crore across India. He will also address a public meeting in Gurugram. Requisite arrangements have been put in place for PM’s visit. Security has been beefed up in Gurugram. A travel advisory has also been issued by the Gurugram Police. The BJP and Congress will today hold their CEC meetings to finalise their candidates for…

What is Electoral Bonds and why it is so confusing ?

Electoral bonds are a financial instrument introduced in India in 2018 as a mechanism for individuals and corporations to make donations to political parties. These bonds are essentially promissory notes that can be purchased from specified branches of authorized banks using legally declared funds. The donor can then donate these bonds to any eligible political party of their choice. Key features and aspects of electoral bonds: Anonymity: One of the main features of electoral bonds is the anonymity they offer to donors. Unlike traditional forms of political donations, electoral bonds allow…

PM to visit Srinagar on 7th March and participate in ‘Viksit Bharat Viksit Jammu Kashmir’ programme

Prime Minister Shri Narendra Modi will visit Srinagar, Jammu and Kashmir on 7th March, 2024. At around 12 noon, Prime Minister will reach Bakshi Stadium, Srinagar, where he will participate in the ‘Viksit Bharat Viksit Jammu Kashmir’ programme. During the programme, Prime Minister will dedicate to nation about Rs 5000 crore worth programme – the ‘Holistic Agriculture Development Programme’ – for boosting agri-economy in J&K. He will also dedicate to the nation and launch multiple projects related to the tourism sector worth more than Rs 1400 crore under Swadesh Darshan…