India Post Payment Bank (IPPB)
Prime Minister Narendra Modi launched a payment bank in Talkatora Stadium in Delhi on Saturday, September 1, 2018. The Indian post payment bank (IPPB) will offer a big range of services such as savings, current accounts, money transfer, bill and utility payments & enterprise & merchant payments.
Global Mobility Summit -Move:- Prime Minister Narendra Modi on Friday was inaugurate the first Global Mobility Summit –MOVE which among other things it is a deliberate on steps to promote electrical vehicles and shared mobility. The two day summit ( September 7-8) is organizing by NITI Aayog.
The Indian rupee has been sliding against the U.S. dollar in recent days as emerging markets come under pressure. That’s made the currency one of Asia’s worst performers, losing 12 percent this year. The Reserve Bank’s stated policy is to reduce volatility, rather than target a specific level for the currency.