In a significant move, the Reserve Bank of India (RBI) has granted foreign nationals and Non-Resident Indians (NRIs) visiting India access to the Unified Payments Interface (UPI), allowing them to conduct payments through UPI while in the country. This development was made official through circular no. RBI/2022-23/176CO.DPSS.POLC.No.S–1907/02.14.006/2022-23, dated 10th February 2023. As a result of…
POWERGRID, a ‘Maharatna’ Company under the Ministry of Power, Government of India, has reported a significant increase in its profit after tax (PAT) and total income for the fiscal year 2023. The company’s PAT reached ₹15,417 crore, marking an 11% year-on-year growth, while its total income rose by 9% to ₹46,606 crore (excluding exceptional items)…
By Saranjeet Kaur Sethi Steel Authority of India Limited (SAIL) has become the first Central Public Sector Enterprise (CPSE) that has achieved a major milestone of procurement value of Rs 10,000 Crore. It has achieved this distinction through the Government-e-Marketplace (GeM). SAIL has played an active role in creating different functionalities with aim to enhance…
News Roundup: Most Read Stories on our News Portal… Vishal DuggalVishal Duggal, Chief Editor, News Orbiter, possesses over two decades of journalistic experience across print and web domains. He headed the editorial team of “Sahara Time” a 48-page general interest English weekly newspaper. He was also a senior editor with Exchange4media group’s real estate magazine “Realty…
Ministry of Electronics and Information Technology (MeitY) in partnership with Atal Innovation Mission of Niti Aayog has launched an innovative challenge for Indian tech entrepreneurs and startups. Christened as “Digital India Atma Nirbhar Bharat App” innovation challenge, it’s aimed at supporting and building a strong ecosystem for Indian Apps. The challenge shall run in two…
Amid the 140 candidates for COVID-19 vaccines under various stages of development worldwide, a couple of vaccines are from India and these include COVAXIN by Bharat Biotech and ZyCov-D Vaccine by Zydus Cadila which have been given nod by the Drug Controller General of India for human trial. It really marks a creditable achievement for…
