ayushpandey8369066278@gmail.com

RBI replaces 9.5k circulars with 244 master directions

MUMBAI: Reserve Bank of India has hacked through its regulatory rulebook in what it describes as a once-in-a-generation overhaul, consolidating circulars issued over seven decades of instructions into 244 master directions tailored to 11 categories of regulated entities. The exercise has eliminated 9,446 circulars, some dating back to 1944, replacing a dense and scattered web…

Read More

PM Modi-Putin meet: Defence ministers likely to discuss S-500 on Dec 4 | India News

NEW DELHI: Defence minister Rajnath Singh and his Russian counterpart Andrey Belousov are likely to hold discussion on Dec 4 during the two-day annual India-Russia summit here, and on the table is future acquisition from Russia, which may include its next generation S-500 system.The two defence ministers will review the progress of ongoing defence cooperation…

Read More