Mumbai, July 14 (IANS) A case of alleged fraud involving nearly Rs 29.83 lakh withdrawn from the bank account of a deceased account holder has come to light at an Axis Bank branch on Tardeo Road in Mumbai, prompting a police investigation.According to Mumbai Police, the alleged fraud took place in the account of Vimla Patil, a deceased customer. Preliminary investigation has revealed that a Customer Request Form (CRF) bearing forged signatures in the name of the deceased was allegedly submitted …
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New Delhi, July 13 (IANS) Union MoS for Science & Technology, Earth Sciences, Dr. Jitendra Singh said India is entering the next phase of governance transformation through Next Generation Administrative and e‑Governance Reforms with AI, digital platforms at core, an official statement said on Monday.Dr. Singh inaugurated the two‑day National Conference on Next Generation Administrative and e‑Governance Reforms in Shillong, jointly organised by the Department of Administrative Reforms a…
New Delhi, July 12 (IANS) The Confederation of All India Traders (CAIT) on Sunday welcomed the government’s decision to launch the ‘High-Frequency Economic Barometer’ on July 14, saying it will empower small businesses and accelerate India’s economic growth.The traders’ body described it as a historic and transformative initiative under the visionary leadership of Prime Minister Narendra Modi to make economic governance more modern, dynamic, and data-driven.The Barometer will assess th…
New Delhi, July 10 (IANS) New Zealand’s Minister for Trade and Investment, Hon Todd McClay, on Friday described Prime Minister Narendra Modi’s upcoming visit to New Zealand as a very significant milestone, saying it comes at a transformative moment in bilateral ties following the signing of the India-New Zealand Free Trade Agreement (FTA).In an exclusive interview with IANS, McClay said the FTA would unlock new opportunities across trade, technology, agriculture and investment, while also streng…
New Delhi, July 8 (IANS) The National Payments Corporation of India (NPCI) said on Wednesday that UPI on-device biometric authentication-based payments accounted for over 611 million transactions in June, with a total transaction value of Rs 25,416 crore, reflecting strong adoption across everyday payment use cases.The feature enables users to authorise UPI payments using smartphone’s fingerprint or facial recognition.The growing adoption of biometric authentication reflects the increasing pre…
New Delhi, July 7 (IANS) India’s fintech sector is shifting focus from growth to trust, governance and resilience as nearly 59 per cent of firms rank reputation and brand risk as a high‑severity concern or the highest risk facing them, a report said on Tuesday.The report from Fintech Association for Consumer Empowerment (FACE) and Grant Thornton Bharat said reputation risk was followed by interoperability and infrastructure risk at 51 per cent.The report noted that customer trust can be affe…
New Delhi, July 7 (IANS) Prime Minister Narendra Modi announced on Tuesday that India’s Unified Payments Interface (UPI) will be integrated with Indonesia’s payment system, which will enable tourists and businesses to make cross-border retail payments more easily by using their domestic payment apps.Addressing a joint press conference with Indonesian President Prabowo Subianto in Jakarta, PM Modi said, “We are delighted that India’s UPI is set to be integrated with Indonesia’s payment sy…
New Delhi, July 5 (IANS) India’s success stories across various sectors are making Indonesia look towards it as a trusted source of technology, policy ideas and development solutions, government officials said on Sunday.Prime Minister Narendra Modi’s upcoming visit to Indonesia from July 6 to 8 comes at a time when the partnership between the two countries is moving beyond traditional cooperation.”In India’s development in several sectors, from food security and digital governance to healthcare,…
New Delhi, July 2 (IANS) The newly notified Employees’ Provident Fund (EPF) Scheme, 2026, introduced new provisions on partial withdrawals effective June 29.Under the revised scheme, members of the Employees’ Provident Fund Organisation must retain a minimum balance of 25 per cent of their eligible member balance in their EPF account before making any partial withdrawal. Any amount calculation for a minimum withdrawal will be done only after setting this balance aside.The minimum balance req…
New Delhi, July 2 (IANS) Eleven years ago, Digital India was merely a concept. Today, it stands as one of the most transformative initiatives in independent India, reshaping governance, economy, and daily life for millions. Prime Minister Narendra Modi’s personal vision and relentless drive turned this idea into a national mission that has bridged the digital divide and empowered citizens like never before.Two former bureaucrats shared their experiences on the X handle of Modi Story about how “D…