In a surprising move, the RBI decided to withdraw Rs 2,000 banknotes from circulation, although they will still be considered legal tender. This decision has led to some questions among the public.

FAQs related to deposit of Rs 2,000 notes to banks

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South Korean electronics giant Samsung is closely monitoring the Trump administration's ongoing trade negotiations and is prepared to supply products to the US market from multiple manufacturing locations, including India, depending on the outcomes, a senior company official said on Wednesday.
Admitting that "very high" uncertainty in America necessitated its state of preparedness for various scenarios, Samsung asserted that it has a well-strategised diversification plan in place and would respond with flexibility.
"The uncertainty in the US is currently very high, and because of that, we have been preparing against a number of different scenarios. We are ready to produce for the US from multiple factories, including India," Samsung COO MX division - Won-Joon Choi told reporters.
The company, he said, has braced for different scenarios, and is prepared when it comes to diversification of factories for the product it will ship to the US.
"One of the things that we have prepared was 

Samsung asserted that it has a well-strategised diversification plan in place and would respond with flexibility

Samsung has launched the Galaxy Watch 8 series, comprising Galaxy Watch 8 and Galaxy Watch 8 Classic. Alongside, it introduced the refreshed Galaxy Watch Ultra. Here are the details

The DRDO has significantly advanced India's self-reliance in defence manufacturing, signing over 2,000 licensing agreements for technology transfer and issuing more than 200 production licenses in 2024, an official said on Wednesday.
The official also highlighted that over 130 industries have been identified as development partners or production agencies in the last five years, bolstering indigenous defence capabilities.
"Over 2000 agreements were signed for technology transfer licenses," Chandrika Kaushik, Director General (PC&SI) of Defence Research and Development Organisation (DRDO) said while speaking at the CII Manufacturing Conclave East in Kolkata.
Under the Technology Development Fund (TDF) scheme, private industries are actively contributing core technologies, with DRDO providing financial support of up to Rs 50 crore per system along with technical guidance.
Scientists from DRDO labs are closely mentoring these industries to ensure successful outcomes, she added.
The ..

The official also highlighted that over 130 industries have been identified as development partners or production agencies in the last five years, bolstering indigenous defence capabilities

The trade unions claimed that the strike was successful, and a large number of workers abstained from work, impacting postal, banking, insurance, and mining sectors

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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FAQs related to deposit of Rs 2,000 notes to banks

In a surprising move, the RBI decided to withdraw Rs 2,000 banknotes from circulation, although they will still be considered legal tender. This decision has led to some questions among the public.

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