New Delhi, Jan 20 (IANS) The Department of Posts on Tuesday said it has revamped its ATM infrastructure with activation of 887 ATMs across the country, in a major step towards making banking services more accessible and user friendly.These 887 ATMs, installed at various post offices, are helping citizens access essential banking services close to their homes.According to a Ministry of Communications statement, the initiative is especially beneficial for people living in rural, and underserved ar…
Latest Department of Posts News & Updates
New Delhi, Jan 16 (IANS) In a bid to strengthen India’s e-commerce and MSME sectors, the government on Friday said it has extended export incentives to postal shipments, with effect from January 15.The Central Board of Indirect Taxes and Customs (CBIC) said it has extended export-related benefits under the Duty Drawback, Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL) schemes to exports made through the postal mode in electr…
New Delhi, Jan 15 (IANS) The Department of Posts has achieved an important milestone by successfully booking its first online order through the Open Network for Digital Commerce (ONDC), Ministry of Communications said on Thursday. The order was booked on January 13, with the Department acting as a Logistics Service Provider, and the consignment was delivered successfully on January 15.The first order was placed by UdyamWell, an ONDC-enabled initiative that works to support Bharatpreneurs, includ…
New Delhi, Jan 11 (IANS) Union Minister for Communications Jyotiraditya M. Scindia inaugurated six renovated post offices across Madhya Pradesh and announced the setting up of a new National Postal Training Centre at Shivpuri with an investment of Rs 111 crore, during his official visit to the state from January 8-11.The Minister also unveiled the names of two upcoming India Post services—Speed Post 24 and Speed Post 48. These services will ensure guaranteed delivery within 24 hours and 48 hou…
Mumbai, Jan 9 (IANS) BSE Index Services Pvt. Ltd, a wholly-owned subsidiary of Bombay Stock Exchange (BSE), on Friday announced the launch of a new index — BSE All Derivative Stocks Index. The BSE All Derivative Stocks Index aims to track the performance of the constituents of BSE 500 Index which are linked to derivative trading.This new index can be used for running passive strategies such as exchange traded funds (ETFs) and index funds. It can also be used for benchmarking PMS strategies, MF …
New Delhi, Jan 7 (IANS) The Department of Agriculture & Farmers Welfare and the Department of Posts on Wednesday signed a Memorandum of Understanding to create a nationwide system for transporting pesticide, seed and fertiliser samples to testing laboratories across India. The agreement aims to ensure faster, safer and more reliable testing of agricultural inputs, helping protect farmers from fake and substandard products.The MoU was signed in the presence of Union Minister of Communications…
New Delhi, Dec 31 (IANS) The Department of Posts has signed a Memorandum of Understanding with the Small Industries Development Bank of India to verify informal micro enterprises registered on the Udyam Assist Platform, Ministry of Communications said on Wednesday.The agreement aims to carry out Contact Point Verification of informal micro enterprises to ensure the accuracy and reliability of their business details.The MoU was signed by Manisha Bansal Badal, General Manager for Citizen Centric S…
New Delhi, Dec 31 (IANS) The Department of Posts has announced to rationalise certain international letter post services, particularly those without or limited tracking features, and to promote more efficient, accountable and customer-friendly alternatives.In line with global best practices and decisions taken by the Universal Postal Union (UPU), the Department of Posts has undertaken a forward-looking initiative to modernise and strengthen international letter post services.Accordingly, with ef…