Unified Payment Interface (UPI) transactions reached a new value peak in January, totaling US$ 221.9 billion (Rs. 18.41 trillion), a marginal 1% increase from December’s US$ 219.8 (Rs. 18.23 trillion). Transaction volume rose by 1.5% to 12.20 billion, compared to 12.02 billion in October. National Payments Corporation of India (NPCI) data reveals that January’s figures were 52% higher in volume and 42% higher in value compared to the same month in the previous financial year. Immediate Payment Service (IMPS) transactions experienced a 0.7% decline in January, amounting to US$ 68.2 billion (Rs. 5.66 trillion), compared to US$ 68.7 billion (Rs.…
Author: Editor's Desk, Tattva News
JMM legislature party leader Champai Soren has been sworn in as the Jharkhand chief minister on Friday, two days after former Chief Minister Hemant Soren resigned. Soren took oath as the head of the government at the ceremony held at Raj Bhavan in Ranchi. Besides Soren, senior Congress leader Alamgir Alam and RJD leader Satyanand Bhokta also took oath as cabinet ministers. In the 81-member Jharkhand Assembly, the majority alliance has 47 MLAs — JMM 29, Congress 17 and RJD 1. The BJP has 26 members and the AJSU Party three. The NCP and CPI (ML) have one lawmaker each, apart…
A Ranchi court on Thursday sent former Jharkhand chief minister Hemant Soren to one-day judicial custody in a land scam case. Soren was arrested by the Enforcement Directorate on Wednesday night following nearly seven-hour long questioning as part of its probe into the money laundering allegations. The central agency had sought a 10-day custody of the Jharkhanf Mukti Morcha leader, but the special PMLA court reserved its order for Friday after hearing both sides. The probe pertains to huge amounts of proceeds of crime generated by forging official records by showing “fake sellers” and purchasers in the guise of forged or…
Amid concerns over the movement of a Chinese vessel which India dubbed for “spying” and “research” purposes in the Maldives Special Economic Zone, the Ministry of External Affairs, on Thursday, said New Delhi has been keeping a close eye on the movement of the ship. “We always keep a close eye on developments which impact our economic as well as security interests and take necessary steps to safeguard them when required,” said MEA spokesperson Randhir Jaiswal during a weekly presser in New Delhi. According to Marine Traffic, a private website keeping a watch on the movement of ships, the highly…
Daily prayers have begun in the sealed cellar of the Gyanvapi masjid on Thursday, following a Varanasi Court’s order in favour of the Hindu side on Wednesday. Arrangements were made by the district administration after the Varanasi District Court permitted pooja in the ‘Vyas Ka Tehkhana’ in Gyanvapi mosque. The court had directed the local administration to make arrangements within seven days for prayers in the cellar. This will involve “proper arrangements” with metal barricades at the complex. Vishnu Shankar Jain, the lawyer representing the Hindu side said daily poojas have begun at Vyas Ka Tehkhana. Jain said, “In compliance with…
Bosnia and Herzegovina Radio and Television (BHRT) is facing catastrophic financial difficulties and risks being shut down, leaving 800 employees with no job, if a funding agreement is not reached. The European and International Federations of Journalists (EFJ-IFJ) appeals to the BHRT management and politicians to find a solution as a matter of urgency.The national public broadcaster was deprived of its only source of income, when the state-owned electric utility company Elektroprivreda BiH did not collect the TV licence fees from the citizens along with their January electricity bills. The contract with Elektroprivreda BiH was not renewed last December after a contract…
Prime Minister Narendra Modi, on Thursday, hailed the Interim Budget 2024, calling it “inclusive and innovative.” In a televised address following the budget, the prime minister said the pre-election budget, presented by Finance Minister Nirmala Sitharaman, benefits every section of the society and lays the foundation for a developed India. “This Interim Budget is inclusive and innovative. It has confidence of continuity. It will empower all four pillars of Viksit Bharat—Yuva, Garib, Mahila and Kisan (youth, poor, women and farmers),” Modi said and added that the budget gives the guarantee of making India a developed nation by 2047. During her budget…
Union Finance Minister Nirmala Sitharaman on Thursday hiked capital expenditure by 11 per cent for the next fiscal to sustain world-beating economic growth rate while trimming the deficit in a reform-oriented interim budget that also gave relief to common man from disputed small tax demands of up to Rs 25,000. Presenting a vote on account or an interim budget for 2024-25, Sitharaman proposed no changes in income tax rates for individuals and corporates, as well as customs duty. In less than an hour-long budget speech, she presented the Modi government’s achievements in the last 10 years that transformed India from being…
Hemant Soren, the Jharkhand Chief Minister and head of the Jharkhand Mukti Morcha (JMM), resigned on Wednesday night before his arrest after more than six hours of questioning by the Enforcement Directorate over ownership of a piece of land. His loyalist and state Transport Minister Champai Soren will step into his role as CM. Hemant Soren met the Governor while in ED custody and submitted his resignation. The Jharkhand Mukti Morcha-led ruling coalition has proposed the name of Champai Soren, a close aide of Hemant Soren, as the next chief minister. The ED officials questioned Hemant Soren for more than six…
In a significant ruling, a court in Varanasi on Wednesday allowed Hindu petitioners to worship the idols of deities inside the sealed southern cellar—Vyas ji ka tehkhana—of the Gyanvapi mosque complex. District judge A.K. Vishvesh directed the district administration to make proper arrangements, including removal of barricades, within seven days. The court further said that puja should be conducted by a priest named by the Kashi Vishwanath Trust Board. “District Magistrate, Varanasi / receiver is directed to get puja, raga-blog performed of the idols located inside that the basement situated on the south side of the building which is the suit…