The Reserve Bank of India (RBI) on Tuesday constituted a six-member Payments Regulatory Board (PRB) to supervise the functioning of payment systems across the country. The board is chaired by the RBI Governor and includes three nominees from the central government.The PRB replaces the earlier Board for Regulation and Supervision of Payment and Settlement System…
The Centre’s fiscal deficit stood at 38.1 per cent of the full-year Budget Estimates (BE) at the end of August, according to data released by the Controller General of Accounts (CGA) on Tuesday.In absolute terms, the fiscal gap between government expenditure and revenue was Rs 5,98,153 crore for the April-August period of 2025-26, PTI reported….
Gold rate today: Gold prices on Tuesday climbed Rs 500 to touch a record Rs 1.20 lakh per 10 grams in the national capital as a weaker dollar and expectations of further rate cuts by the US Federal Reserve supported bullion demand.According to the All India Sarafa Association, the yellow metal had surged Rs 1,500…
International travellers will now be able to submit their arrival details online as Delhi airport rolls out a new E-Arrival Card system from October 1.This procedure will replace the traditional paper form filling method.The airport operator, Delhi International Airport Ltd (DIAL), said the digital system will speed up immigration, reduce queues, and cut paper usage,…
The United States maintains a unique system where gold is held directly by the government rather than the central bank. (AI image) Gold prices have been reaching new lifetime highs and the value of gold reserves with countries is surging as well! The US Treasury’s gold reserves have crossed $1 trillion in value, marking a…
Gold and silver hit record highs on Tuesday as investors sought safe-haven assets amid concerns over a potential US government shutdown and expectations of further interest rate cuts by the Federal Reserve. The US government shutdown risk intensified after talks between President Donald Trump and congressional leaders failed to reach an agreement on short-term funding….
The government is considering whether to extend the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh government employees have opted.Several employees’ associations have written to the cabinet secretary, seeking a two-month extension to allow more staff to switch from the National Pension Scheme (NPS) to the UPS…
Aviation giant Boeing is reportedly in the early stages of designing a new single aisle jet that would eventually replace its 737 MAX.According to a report by the Wall Street Journal, sources familiar with the matter said that the company has been exploring engine options for the aircraft. Earlier this year, CEO Kelly Ortberg met…
Asian shares were mostly flat on Tuesday as investors stayed cautious ahead of a possible US government shutdown.HSI slipped 0.11% or 29 points reaching 26,593. South Korea’s Kospi also shed 0.06% or 1 point, trading at 3,429 at 10:45 AM IST.Meanwhile, Japan’s Nikkei gained 0.01% or 5 points to 45,049. Shanghai and Shenzhen also traded…
Electronic Arts agreed to sell to a group of private investors in a deal that values the company at about $55 billion, marking the largest leveraged buyout on record.The consortium, which includes Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s (US President Donald Trump’s son-in-law) Affinity Partners, agreed to pay $210 per…