BUSINESS

Aadhaar biometric e-KYC now extended to RD, PPF accounts: Depositors can open accounts, withdraw without forms; Account closures and nominee changes coming soon

The Department of Posts has expanded Aadhaar-based biometric e-KYC services to include Recurring Deposit (RD) and Public Provident Fund (PPF) schemes, effective June 27, 2025. This allows for paperless account opening, deposits, loan processing, and withdrawals at CBS post offices. To enhance data security, Aadhaar numbers will be masked on all documents, streamlining the banking process, especially in rural areas.

TIMES OF INDIA
7 hours ago
Read Full Article

MORE TO CATCH UP

BUSINESS

'FTAs to give farmers greater market access': Commerce and industry minister Piyush Goyal

Piyush Goyal, the Commerce and Industry Minister, stated that free trade agreements (FTAs) with countries like Australia, UAE, UK, and EFTA will provide Indian farmers with enhanced market access. He emphasized the reduction of non-trad ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Nvidia becomes 1st company to hit $4 trillion market capitalisation mark

Nvidia achieved a $4-trillion market valuation, driven by strong AI spending commitments from major customers like Microsoft, Meta, Amazon, and Alphabet. Shares rebounded after early-year concerns about spending and trade tensions, fuel ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Pharma stocks flat amid US tariff threat

TIMES OF INDIA
2 hours ago
BUSINESS

Jensen Huang Earns $1 Billion In A Day As Nvidia Hits $4 Trillion: What's His Net Worth?

Nvidia CEO Jensen Huang's fortune surged by over $1 billion in a day as Nvidia's stock hit a record high, reaching a $4 trillion market cap, driven by AI innovations.

NEWS18
4 hours ago
BUSINESS

Manipal Hospitals to acquire Pune-based Sahyadri Hospitals for around ₹6,000 crore

This acquisition will strengthen Manipal’s presence in western India and make it a hospital chain of 49 hospitals with 12,000 beds across the country

THE HINDU
5 hours ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!