Mumbai: RBI has proposed a new framework under which banks will temporarily freeze only the disputed transaction amount, rather than the entire account, when unusual transfers of Rs 1,000 or more are flagged as potentially linked to mule accounts or cyber fraud.Banks will be required to use AI-based transaction monitoring systems to identify transfers that…
India’s economy grows 7.8% in Q1, driven by manufacturing, services and robust domestic demand, moderating from 8.6% in previous quarter. NEW DELHI: The Indian economy grew 7.8% during April-June quarter (Q1) of the current financial year as strong growth sustained in the manufacturing and services sector along with robust domestic demand, offsetting the anticipated adverse…
Quote of the Day by Charles Dickens Charles Dickens was one of the few writers who could so powerfully capture the joys, struggles and contradictions of human life. Many have ranked Dickens as one of the greatest novelists in the English language . He revolutionised literature by putting ordinary people in the spotlight . Nearly…
Online, he is known as “Bittu Tabahi” but his real name is Surendra Singh Chaudhary. For months, 20-year-old Surendra Singh Chaudhary has been getting into the polluted Ajnar River in Madhya Pradesh and pulling out plastic, bottles, algae and other waste with his own hands. The BSc student from Biaora in Rajgarh district started the…
Quote of the day by Pablo Picasso (Image: X) Pablo Picasso was a Spanish painter and sculptor and is regarded as the co-founder of Cubism and one of the most influential artists of the 20th century.He spent his life experimenting with new forms of art and ideas and is known for constantly reinventing his style,…
