Tag: Approves
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Rajya Sabha Approves Pan Masala Cess Bill Following Lower House Endorsement
Parliament Winter Session LIVE: Rajya Sabha clears pan masala cess bill after Lok Sabha nod Parliament winter session live updates: In the second week of the winter session, Prime Minister Narendra Modi kicked off the debate on the 150th anniversary of Vande Mataram. The debate comes amid a political row after the PM accused the…
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FRA Approves Expanded Field Testing for ATI Technology
US Transportation Secretary Sean P. Duffy has announced that the Federal Railroad Administration’s (FRA) Railroad Safety Board has officially approved a temporary new waiver that allows US railroads to expand the field testing of automated track inspection (ATI) technology. The move aims to allow companies to collect data that will lead to the advancement of…
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German Parliament Approves Controversial Military Service Legislation in Response to Russian Threat
German parliament backs controversial military service law amid Russian threat Reuters Germany votes to bring in voluntary military service programme for 18-year-olds BBC German lawmakers approve plan to attract more military recruits that stops short of conscription The Hindu Thousands protest in Berlin against new German military conscription bill Al Jazeera Germany brings ‘need-based’ military service law amid European…
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RBI Approves Fino Payments Bank’s Transition to Small Finance Bank
Notably, Fino Payments Bank is targeting a profit after tax of Rs 100 crore in the current financial year, according to Chief Executive Officer Rishi Gupta. He had stated that the conversion into a SFB will enable greater control over its product offerings and drive further growth. “We are working on some renegotiation, working on…
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RBI Approves Fino Payments Bank’s Transition to Small Finance Bank
Mumbai: The Reserve Bank on Friday granted ‘in-principle’ approval to Fino Payments Bank Ltd (FPBL) for conversion into a Small Finance Bank (SFB).Fino Payments Bank, which started operations in 2017, had applied for a small finance bank license in October-December 2023. RBI has issued the Guidelines for ‘on tap’ licensing of SFBs in the private…
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Lok Sabha Approves Pan Masala Cess to Support Defence Initiatives
Union finance minister Nirmala Sitharaman in Lok Sabha NEW DELHI: Govt does not wish for India to ever face UPA-era shortages of weapons, ammunition and equipment again, and wants a steady flow of revenue to keep its defence capabilities ready to meet the needs of modern warfare, finance minister Nirmala Sitharaman said Friday as Lok…