Delhi Govt Aims to Back 15,000 Startups By 2030
The Delhi government’s industries department has finalized a draft of its startup policy, aiming to promote the emergence of 15,000 startups by 2030. Know more
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Government Ramps Up Actions Against Illegal Offshore Betting Services
The Indian government intensifies its crackdown on illegal offshore betting services, uncovering 114 illicit platforms. They’re exploring stricter regulations, including UPI payment controls. Know more
The Finance Ministry will consider capital infusion in three public sector general insurance companies based on their financial performance.
The Finance Ministry will consider capital infusion in three public sector general insurance companies based on their financial performance. Know more
SabPaisa Gets RBI Nod To Operate As A Payment Aggregator
Payments solutions startup SabPaisa has received ‘in-principle’ approval from the Reserve Bank of India (RBI) to operate as a payment aggregator. Know more
Over 7000 Startups Registered In Uttar Pradesh: Piyush Goyal
According to Union Minister Piyush Goyal, there are more than 7000 registered startups in Uttar Pradesh while over 236 startups have been registered alone in Varanasi, UP. Attending the Startup India Plan at Atal Incubation Centre, Goyal interacted with youth engaged with startups.Know more
HAL-L&T to build five PSLV rockets, bags Rs 860 crore deal from NSIL for the project
The Hindustan Aeronautics NSE 2.88 % Limited-L&T consortium on Sunday bagged a Rs 860 crore deal… Know more
Twitter defiant to laws of the land: Centre tells Karnataka HC
Twitter’s petition challenging the central government’s orders is just a “subterfuge and a device to overreach, defy and circumvent” the orders passed by competent authorities of the country, the latter has… Know more
Seven Companies Have Built ONDC-Compatible Apps So Far: Government
The Ministry of Commerce and Industry on Thursday (June 23) said that seven companies have adopted the Open Network for Digital Commerce (ONDC) protocols. These seven companies have built their own ONDC-compatible apps and are in advanced stages of integration on the platform. Know more
RBI restricts non-bank fintechs from extending credit lines on e-wallets
The Reserve Bank of India said in a letter that prepaid payment instrument providers — largely e-wallets — are not allowed to offer non-bank credit lines. The letter, which has not been posted on RBI’s website, was reviewed by Entrackr through a source. Know more
Centre Bans Third-Party VPNs And Cloud Services In Govt Offices
The Centre has asked its employees to not use third-party virtual private networks (VPN) and anonymisation services offered by VPN companies including NordVPN, ExpressVPN and Tor. Know more