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Starlink Gets Green Light to Launch Satellite Internet in India Elon Musk’s Starlink is set to enter the Indian market, having received the crucial Global Mobile Personal Communication by Satellite (GMPCS) licence from the Department of Telecommunications (DoT), Government of India. This approval makes Starlink the third authorized satellite internet provider in the country, joining … Read more
FINANCE (EXPENDITURE-I) DEPARTMENTNOTIFICATIONDelhi, the 5th June, 2025(No. 45/2023-State Tax)F. No. 3 (8)/Fin.(Exp-I)/2025-26/DS-I/501.—In exercise of the powers conferred by section 164 of theDelhi Goods and Services Tax Act, 2017 (03 of 2017), the Lieutenant Governor of National Capital Territory ofDelhi, on the recommendations of the Council, hereby makes the following rules further to amend the DelhiGoods … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001/Phone: 022 – 2266 0502 Directions under Section 35A read with Section 56 of the Banking RegulationAct, 1949 – The Karwar Urban Co-operative Bank Ltd., Karwar –Extension of PeriodThe Reserve Bank of India … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502 Money Market Operations as on June 05, 2025 @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).− Not Applicable / No … Read more
Former PNB Officer and a Private Person Sentenced to Jail in a case of Bribery The Ld. Court of Spl. Judge, CBI, Court No. 04, Lucknow today i.e. 05.06.2025 sentenced two accused namely, Bhupinder Singh Bhatiyani, the then Officer (Scale-I), PNB, Usmanpur Branch, Barabanki to 3 years Rigorous Imprisonment with a fine of Rs. 1,10,000/- … Read more
CBI apprehends Recovery Agent, Gramin Bank, while accepting undue advantage of Rs. 20,000 Central Bureau of Investigation (CBI) has apprehended accused Recovery Agent, Prathma UP Gramin Bank, Rampur for demanding and accepting undue advantage of Rs. 20,000/- from the complainant. A case was registered by CBI on 04.06.2025 on the basis of complaint against accused … Read more
Three accused sentenced to Rigorous Imprisonment for 5 years alongwith a total fine of Rs 35.30 lakh for Criminal conspiracy and causing financial loss to UIICL The Special Judge for CBI cases, Court No. 06 Ahmedabad today i.e. 05.06.2025 sentenced three accused including Kikubhai S. Dhodi, Asstt. United India Insurance com. Ltd. (UIICL) Branch Office … Read more
The Supreme Court of India recently dismissed a review petition in the Safari Retreats case on May 21, 2025. This decision upheld its earlier ruling from October 3, 2024, which stated that buildings constructed for services like renting or leasing could be considered a “plant,” making them eligible for Input Tax Credit (ITC) under GST. … Read more
Great news for homeowners! The Reserve Bank of India (RBI) has made significant moves in 2025, slashing the repo rate by 100 basis points and reducing the Cash Reserve Ratio (CRR) by 100 basis points (from 4% to 3%). These changes mean big savings and shorter loan tenures for home loan borrowers. Understanding the Impact: … Read more
The Reserve Bank of India (RBI) just delivered a massive “one-two monetary punch,” unleashing over ₹2.5 lakh crore into the banking system to supercharge the economy. This powerful move involves two key actions: RBI’s Bold Moves Why These Actions Matter RBI Governor Sanjay Malhotra explained that these measures are a “liquidity infusion designed to reduce … Read more