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The government has directed public sector banks to create a unified digital portal to streamline startup loan applications, sanctions, and information-sharing. Expected by October, the proposed startup hub portal will feature a single application form accessible to all PSBs.

Aeneas program, which predicts where and when Latin texts were made, called ‘transformative’ by historians

UIDAI CEO Bhuvnesh Kumar said the authority is currently testing the technology and expects it to be ready in the next 45-60 days. The project will be rolled out in a phased manner, beginning with schools and later extended to colleges for the second round of updates, which are required for children who attain the age of 15 years.

Further, the norms stated that banks should obtain consent from customers for providing digital banking services

Reserve Bank of India proposes new digital banking guidelines. Banks cannot display third-party products on their digital platforms. Banks must monitor transactions for fraud. Customer consent is needed for digital banking services. Banks need RBI approval to launch transactional banking. These measures aim to enhance security and customer choice in digital banking. Stakeholders can share comments until August 11.

The High Court has come out with the ‘Policy Regarding Use of Artificial Intelligence Tools in District Judiciary’ for a responsible and restricted use of AI in judicial functions of the district judiciary of the state in view of the increasing availability of and access to such software tools.

The High Court has come out with the ‘Policy Regarding Use of Artificial Intelligence Tools in District Judiciary’ for a responsible and restricted use of AI in judicial functions of the district judiciary of the state in view of the increasing availability of and access to such software tools.

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.

RBI Governor Sanjay Malhotra indicated the possibility of further interest rate cuts this year, citing a significant drop in inflation and steady economic growth. With inflation expected to remain below 3.7%, the MPC will consider both inflation and growth before making future decisions.