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A new Aadhaar-based framework has been rolled out for cooperative banks, paving the way for them to offer authentication and eKYC services that had long remained out of reach due to compliance and cost hurdles.Announcing the initiative at a workshop in New Delhi on Friday, Cooperation Ministry Secretary Ashish Kumar Bhutani said the move will…
The Goods and Services Tax (GST) Council’s decision to shift from four slabs to a simpler two-rate structure of 5 per cent and 18 per cent from September 22 is unlikely to weigh on government finances, ratings firm Crisil has said.In its latest report, Crisil noted that the government has estimated a short-term annualised revenue…
The ministerial delegation, comprising over 70 representatives, aims to boost exports in sectors including textiles. (AI image) India and the UAE are looking to reach a figure of $100 billion trade in non-oil and non-precious metal segments – double from the levels right now. The plan has been outlined to achieve the target in the…
ABU DHABI: The UAE on Thursday agreed to focus on increasing export of textiles, fisheries, leather and leather products, processed food and pharma from India – both for the market here as well as the Gulf region, central Asia and Africa – while seeking to nearly double bilateral trade in non-oil and non-precious metals from…
MUMBAI: RBI said it has formed an independent panel to strengthen the stakeholder engagement in regulatory process and leverage industry expertise on a continued basis. The independent advisory group on regulation (AGR) has been formed, comprising external experts, to channel industry feedback into periodic review of regulations through regulatory review cell (RRC). SBI MD Rana…
WTO director-general Ngozi Okonjo-Iweala NEW DELHI: Artificial Intelligence (AI) could lead to significant increases in trade and GDP by 2040, with global trade projected to rise by 34-37% across different scenarios, a report released by the World Trade Organisation said on Wednesday. The report said that the largest growth occurs in trade of digitally deliverable…
A growing body of research indicates that eating almonds daily can significantly boost heart health and support metabolic wellness. Studies show that consuming about two ounces of almonds each day—roughly 45 nuts—can lower LDL cholesterol, often called “bad” cholesterol, which contributes to clogged arteries and heart disease. Beyond cholesterol management, almonds provide essential nutrients like…
After years of scepticism and branding Chinese stock markets as “uninvestable”, foreign investors are once again turning their attention to Chinese equities, betting on the country’s resilience in artificial intelligence, semiconductors and biotech as well as a growing need for diversification beyond US assets.Progress in China’s AI adoption, its push in semiconductors, and breakthroughs in…
For many, the thought of brain decline is one of life’s deepest fears. Watching loved ones struggle with memory loss can feel like witnessing a part of them slowly fade. Knowing that something as approachable as resistance training might help preserve memory offers both hope and empowerment. It is science reminding us that brain health…
PM Modi inaugurates four new trains NEW DELHI: Prime Minister Narendra Modi on Monday flagged off four new trains, inaugurated a newly built railway line, and laid the foundation stone for a major new rail-cum-bridge project in Bihar via video conferencing. The initiatives aim to strengthen regional connectivity, reduce travel time, and boost economic, cultural,…
