Banks all geared up to launch India’s first retail digital currency

Banks are working on facilitating inter-banking transactions to aid the new digital currency. Banks are in the process of updating their systems to facilitate transactions in the new digital currency. The banks have focused on enabling this system to current account holders like business people first, as their transaction volume is large. Pooja Chawla, Deputy […]

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Cloud kitchens in crisis as discounts go away

Commercial gas cylinders are now expensive as discounts have been removed Cloud kitchens that were using discounted commercial gas cylinders can no longer afford them and have had to shift to domestic gas cylinders for their business. Sangeeth, who owns a cloud kitchen in Chennai said, “Commercial gas cylinders were expensive even after discount in […]

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Beedi workers prefer to spend now than save

The workers who roll beedis in Bengaluru’s beedi colony are leaving the Employees’ Provident Funds Scheme. Beedi workers would rather not have 10 percent of their salary deducted for the  Employees’ Provident Funds Scheme (EPFO). They say that they get paid less than the minimum wage and a 10 percent cut would mean tightening their […]

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BMRCL advertisements on metro premises still on hold

BMRCL is still awaiting official permission from BBMP to start advertisements around metro stations. Bangalore Metro Rail Corporation Limited (BMRCL) is still awaiting official permission from the Bruhat Bengaluru Mahanagara Palike (BBMP).  to start  advertising around the metro station premises. An official from Urban Development Departments (UDD) said, “The bye laws of BBMP do not […]

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KVIC scheme benefits just a few potters

Not all potters are able to register themselves for government schemes and its benefits. Pottery sellers in Pottery Town face difficulties in registering for benefits under Khadi and Village Industries Commission (KVIC) schemes. Bangalore’s Pradhan Mantri Employment Generation Programme (PMEGP) performance report registered with Khadi and Village Industries Board (KVIB) shows that from April 1, 2022 […]

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