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24
OtherAug 03, 2025 09:43 PM

India Post To Merge Registered Post With Speed Post From September 1, Retiring Its Iconic Postal Service After Decades: What It Means for You | 📰 LatestLY

New Delhi, August 03: India Post has announced a major operational shift: from September 1, 2025, its long-standing Registered Post service will be merged with Speed Post for all domestic mail. The move, aimed at streamlining services, will bring faster delivery, improved tracking, and reduced operational costs under a single, unified system. The change marks the end of an era for Registered Post, once a trusted and economical option for secure, addressee-specific delivery. While the service itself will not disappear entirely, it will now exist as an add-on registration feature within Speed Post. From September 1, all domestic mail requiring secure or urgent delivery must be booked as Speed Post, regardless of whether it previously fell under Registered Post. India Post has assured that key features like proof of delivery and addressee-only delivery will continue to be available -- but as value-added options within Speed Post. India Post Payments Bank Launches Aadhaar-Based Face Authentication Facility for Customer Transactions To Boost Secure Digital Banking. This transition is also part of a broader effort by India Post to modernise its infrastructure. Larger integrated mail centres are being established across the country to handle rising mail volumes more efficiently. India Post data shows a steady decline in the usage of Registered Post. The number of registered items dropped from 244.4 million in 2011-12 to 184.6 million in 2019-20, even before digital communication surged during the pandemic. DIGIPIN: India Post Launches New Digital Addressing System To Replace Traditional PIN Codes, It Identifies Precise Location Using Longitude and Latitude. With Speed Post already offering better tracking and faster delivery -- typically 1 to 5 days, depending on distance -- officials believe the merger will improve overall customer satisfaction. While the Registered Post label will disappear, secure delivery remains. Customers will still be able to request proof of delivery, signature-based confirmation, and other safeguards. Pricing for the merged service is still being finalised. Until August 31, both services will function as usual. From September 1, users must consult India Post for details on how to request registered-like features under Speed Post. This consolidation marks a significant shift in how India handles its most secure mail -- modernising without abandoning the essence of what made Registered Post a trusted service for decades.

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23
BusinessOct 01, 2025 01:24 PM

IRCTC ticketing, speed post, small business lending undergo key changes this month

New Delhi, Oct 1 (SocialNews.XYZ) Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing. Indian Railways booking platform IRCTC has launched new Aadhaar-based guidelines for the online booking of general tickets to prevent misuse of the reservation system by fraudulent agents. India Post is expected to revise its Speed Post charges and introduce an OTP-based delivery system to improve the security of the packages, effective from October 1. "With a view to ensure that the benefits of the reservation syst ...Read More >

38
BusinessJul 08, 2025 02:47 PM

Bharat Bandh on July 9: Key services may be hit as over 25 crore workers announce nationwide strike

PTC Web Desk: India is expected to witness a massive nationwide shutdown (Bharat Bandh) on July 9 as over 25 crore workers from key critical sectors, including banking, insurance, postal services, coal mining, highways, and public transport -- gear up for a day-long Bharat Bandh. The strike has been called by 10 central trade unions and their allied organisations to protest against the Centre's economic and labour policies, which they allege are anti-worker, anti-farmer, and pro-corporate in nature. Who is participating in the strike? More than 25 crore workers are expected to take part in t ...Read More >

18
BusinessJul 16, 2025 03:20 AM

Jyotiraditya Scindia sets growth target of 20-30 pc for India Post circles for FY26

Union Minister Jyotiraditya Scindia has set an ambitious growth target of 20-30% for India Post's various circles in the current fiscal year. He emphasized cultivating a service-oriented culture to enable India Post to compete in logistics and financial services. The goal is to transform India Post into a sustainable profit center while upholding its social responsibility. Union minister Jyotiraditya Scindia has set a growth target of 20-30 per cent for various circles of India Post for the curr ...Read More >

23
BusinessAug 19, 2025 10:54 PM

India Post rolls out advanced postal technology project worth ₹5,800 cr

The minister said the new technology will "Enable real-time decision making, boost e-commerce reach, cut operational costs through automation and deliver citizen-first, mobile-ready services anywhere-anytime. The India Post has rolled out Rs 5,800-crore Advanced Postal Technology across the country that will transform it into world-class public logistics organization by enabling mobile-ready services and real time decision making, Union Minister Jyotiraditya Scindia said on Tuesday. The Advance ...Read More >

25
BusinessSep 28, 2025 05:10 PM

PayNearby plans to tap IPO market in next financial year to fuel expansion

Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, ...Read More >

24
BusinessMar 31, 2026 12:18 AM

Business News | 99.92% Villages in India Covered with Banking Outlets Within 5 Km Radius: Govt | LatestLY

New Delhi [India], March 30 (ANI): Based on the data uploaded by banks on the Jan Dhan Darshak (JDD) App, almost 100 per cent of villages in the country are covered with banking outlets, informed the Finance Ministry. "99.92% villages in the country and 100% villages in the UT of Dadra and Nagar Haveli are covered with banking outlets (Bank Branch / BC / IPPB) within a radius of 05 kms (as on 06.03.2026)," according to a statement released by the Ministry of Finance. Also Read | 'King': Shah Rukh Khan's Action Thriller Cancels Dubai Shoot Amid West Asia Tensions - Here's What We Know. The G ...Read More >

17
BusinessAug 01, 2025 09:10 PM

India Post Payments Bank starts Aadhaar-based face authentication for digital banking

New Delhi, Aug 1 (PTI) India Post Payments Bank has started nationwide rollout of Aadhaar-based face authentication facility for customer transactions that is expected to make digital banking more secure and convenient especially for the elderly and differently abled people, according to a statement on Friday. The face authentication feature, developed under the framework of UIDAI (Unique Identification Authority of India), will enable customers to perform banking transactions using facial recognition, eliminating the need for physical biometric inputs like fingerprints or OTPs. "At IPPB, we ...Read More >

30
PoliticsAug 14, 2025 08:57 AM

Your Cheques To Be Cleared By Banks Within Hours From 4 October 2025: Check RBI Latest Rules

New Delhi: The Reserve Bank Of India (RBI) has issued notification on Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System, thus allowing for your cheques to be cleared within hours. " It has been decided to transition CTS to continuous clearing and settlement on realisation in two phases. Phase 1 shall be implemented on October 4, 2025 and Phase 2 on January 3, 2026. All banks are advised to make their customers adequately aware of the changes in the cheque clearing process. Banks are also advised to be in readiness to participate in continuous cleari ...Read More >

18
BusinessSep 28, 2025 04:39 PM

PayNearby Plans IPO In FY26, To Finalise Merchant Banker Soon After ₹300 Crore FY25 Revenue

New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The company reported a gross revenue of about Rs 300 crore and earned a profit of 12 crore in FY25. The co ...Read More >

19

Ladakh Admin initiates filling vacant posts after formalising domicile, reservation rules

Kargil , Jul 2: Pursuant to putting in place a comprehensive legal framework to ensure fair, inclusive, and transparent recruitment to public services, the Administration of the Union Territory of Ladakh has initiated a large-scale recruitment drive for 359 Gazetted posts through the Union Public Service Commission (UPSC). This marks the first-ever recruitment of Gazetted posts through UPSC since the formation of the Union Territory, officials said. This follows the establishment of a unique and dedicated legal framework specifically designed for Ladakh. The framework ensures maximum local re ...Read More >

31
PoliticsJul 08, 2025 12:10 PM

Bharat Bandh on July 9: What's open, what's closed? Will banks, schools remain open? Check details

New Delhi: A nationwide strike has been called on Wednesday, July 9, 2025, by a joint platform of 10 central trade unions along with farmers' and rural workers' organisations. According to the reports, over 25 crore workers - from sectors ranging from banking and insurance to postal services to coal mining - are expected to participate in the bandh. The strike, called by a joint forum of 10 central trade unions, has been described as a 'Bharat Bandh' to protest against what the unions label as "anti-worker, anti-farmer, and anti-national pro-corporate policies" of the central government. The ...Read More >

34
BusinessApr 01, 2026 05:38 PM

Two-factor authentication for all digital transactions becomes operational

New Delhi, Apr 1 (PTI) Two-factor authentication for all digital transactions, including popular UPI platform, becomes effective from Wednesday in line with the RBI's direction as a measure to curb fraud. Transactions will only be processed if the user completes both verification steps, meaning even if someone sees your PIN, unauthorised payments will not be able to go through. According to the Reserve Bank of India (RBI), all digital payment transactions in India are required to meet the norm of two-factor authentication. While no specific factor was mandated for authentication, the digital ...Read More >

29

Business News | Medulla Communications Expands Global Footprint with Strategic Launch in Singapore | LatestLY

Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >

31
BusinessAug 20, 2025 06:17 PM

Business News | AssetPlus Brings Faster SIP Payments with UPI AutoPay | LatestLY

Chennai (Tamil Nadu) [India], August 20: AssetPlus, India's leading digital platform for Mutual Fund Distributors (MFDs), today announced the launch of UPI AutoPay for Systematic Investment Plans (SIPs) through an integration with the Bombay Stock Exchange (BSE). This new capability allows investors to authorise recurring payments directly from their preferred UPI app, marking a significant leap towards faster, more convenient, and more transparent SIP mandate registration. Also Read | Who is Mateo Silvetti? Meet the 19-Year-Old Footballer Who Has Joined Lionel Messi's Inter Miami From Star A ...Read More >

21
PoliticsAug 29, 2025 07:51 PM

Small Parcels to the US Come Under Tariff Regime From Friday

Chennai: E-commerce shipments as well as parcels sent to relatives in the US will now be subjected to tariffs as the US has suspended the exemptions for smaller packages valued $800 or less. The suspension of tariff from Friday will have a six-month transition period to a new tariff regime. The tariff rates on small packages will be calculated in one of two ways starting August 29. As per the first option, a flat rate of $80 to $200 per item, depending on the country of origin, will be levied. The second option is based on the value of the package and the "reciprocal" tariff rate set by the ...Read More >

14

Who is Shubhanshu Shukla, the first Indian astronaut to travel to the International Space Station? - Times of India

India's next space hero is here. It's Shubhanshu Shukla.In a historic leap for India's space exploration, Group Captain Shubhanshu Shukla is set to become the first Indian astronaut to travel to the International Space Station (ISS). Scheduled for launch on June 10, aboard SpaceX's Falcon 9 rocket as part of Axiom Mission 4 (Ax-4), Shukla's journey will make history as he becomes the first Indian astronaut to travel to the ISS.Axiom Mission 4 (Ax-4) is a pioneering private spaceflight mission that will not only send India's first private astronaut to space but also mark the return to human spa ...Read More >

30
BusinessJul 02, 2025 09:17 PM

India News | RBI Advises Banks to Integrate DoT'??s Financial Fraud Technology | LatestLY

New Delhi, Jul 2 (PTI) The Reserve Bank of India has advised all banks to integrate the Financial Fraud Risk Indicator tool developed by the Department of Telecom to curb online fraudulent transactions, an official statement said on Wednesday. Banks and financial institutions can use the Financial Fraud Risk Indicator (FRI) in real time, which classifies mobile numbers based on their association with medium, high or very high risk of financial fraud. Also Read | Odisha Shocker: 32-Year-Old Tribal Woman Gangraped in Forest Area of Jajpur District; 2 Held. The data is collected from various s ...Read More >

31
BusinessJul 02, 2025 11:19 PM

DoT welcomes RBI advisory mandating banks to integrate financial fraud risk indicator

New Delhi [India], July 2 (ANI): The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT into their systems. The Ministry of Communications stated in a release that the advisory marks a watershed moment in the fight against cyber-enabled financial frauds and serves as a testament to the power of inter-agency collaboration in safeguarding citizens in India's growing digital economy. ...Read More >

24
OtherJul 20, 2025 12:51 AM

Postoffices across Telangana to remain closed on July 21 for system upgrade

In preparation for the rollout of the next-generation Advance Postal Technology (APT) application, postoffices across Telangana will remain closed for public transactions on July 21. This temporary suspension of services is necessary to facilitate a seamless transition to the new digital platform. The Department of Posts has announced that the upgraded APT system will be implemented across all postoffices in Telangana on July 22, except for postoffices in Rangareddy, Nalgonda, and Yadadri-Bhongi ...Read More >

12
BusinessAug 20, 2025 06:00 PM

AssetPlus Brings Faster SIP Payments with UPI AutoPay

VMPL Chennai (Tamil Nadu) [India], August 20: AssetPlus, India's leading digital platform for Mutual Fund Distributors (MFDs), today announced the launch of UPI AutoPay for Systematic Investment Plans (SIPs) through an integration with the Bombay Stock Exchange (BSE). This new capability allows investors to authorise recurring payments directly from their preferred UPI app, marking a significant leap towards faster, more convenient, and more transparent SIP mandate registration. For years, SIP mandates have relied on net banking-based eMandates or paper-based authorisations. Processes that o ...Read More >

12
BusinessTechnologyMar 30, 2026 05:03 PM

RBI new rules for digital payments from April 1 explained

From April 1, 2026, RBI new rules for digital payments will change how Indians make online transactions. If you use UPI, cards or wallets, expect extra security checks. The Reserve Bank of India is making two-factor authentication mandatory, which means OTP alone will no longer be enough. Many users are searching for RBI digital payment rules April 1, what changes in UPI payments, and how this affects daily transactions. While the process may feel slightly longer, the goal is simple, make digita ...Read More >

17
BusinessJul 03, 2025 12:34 AM

DoT welcomes RBI advisory mandating banks to integrate financial fraud risk indicator

New Delhi [India], July 2 (ANI): The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT into their systems. The Ministry of Communications stated in a release that the advisory marks a watershed moment in the fight against cyber-enabled financial frauds and serves as a testament to the power of inter-agency collaboration in safeguarding citizens in India's growing digital economy. ...Read More >

18
BusinessAug 06, 2025 06:41 PM

End of an era... Registered Post ends Sept. 1; to merge with Speed Post - Star of Mysore

Mysore/Mysuru: The decades-old Registered Post service of the Postal Department is poised to enter the pages of history, with the Union Ministry of Communications -- the authority overseeing Telecommunications and Postal Services in India -- officially discontinuing the service effective Sept. 1. This decision marks the end of an era for a service that has been integral to secure postal communication for decades. The Ministry has announced that the Registered Post facility will now be merged with the Department's Speed Post service, in what is described as a move to streamline postal operatio ...Read More >

28
PoliticsBusinessTechnologyJun 29, 2025 06:22 AM

India News | West Bengal: Police Detain BJP Leaders Protesting at Lalbazar over Kolkata Gangrape Case | LatestLY

Kolkata (West Bengal) [India], June 29 (ANI): Several Bharatiya Janata Party (BJP) leaders and its workers were detained by the police as they were protesting at Lalbazar against the alleged gangrape incident at South Calcutta Law College. Claiming links between the accused in the gangrape of a law student in Kolkata and top TMC leaders, the opposition Bharatiya Janata Party (BJP) has demanded the resignation of West Bengal Chief Minister Mamata. Also Read | Bhopal's Aishbagh Railway Overbridge Sparks Outrage Over Hazardous Design; MP CM Mohan Yadav Suspends 8 Engineers, Orders Inquiry. The ...Read More >

17
BusinessJul 03, 2025 07:51 AM

RBI advises banks to integrate DoT's financial fraud technology

The Reserve Bank of India has advised banks to integrate the Financial Fraud Risk Indicator tool developed by the Department of Telecom to curb online fraudulent transactions. This system classifies mobile numbers based on fraud risk using data from various sources. Leading institutions are already using the platform, potentially saving millions from cyber fraud.The Reserve Bank of India has advised all banks to integrate the Financial Fraud Risk Indicator tool developed by the Department of Tele ...Read More >

27
OtherJul 11, 2025 08:45 AM

'India Post can be world's largest logistics network': Minister Jyotiraditya M Scindia

BENGALURU: "No other distribution channel in the world is as wide or as deep as India Post," Union Minister for Communications and Development of North Eastern Region Jyotiraditya M Scindia said on Thursday. Speaking at gramin dak sevaks' sammelan here, he urged postal employees to work towards making India Post the largest logistics organisation in the world. Around 800 gramin dak sevaks participated in the sammelan organised by Karnataka Postal Circle. Fifteen sevaks from across Karnataka were felicitated on the occasion. Highlighting the vast reach of India Post, Scindia said it has 1.64 ...Read More >

14
BusinessSep 29, 2025 07:29 PM

New IRCTC guidelines curb misuse of general ticket bookings - OrissaPOST

New Delhi: Bank customers, pension subscribers, train passengers, and postal service users will all be impacted by several regulatory, banking, and service-related changes that take effect October 1. RBI Cheque Clearing: The Reserve Bank of India (RBI) will transition from batch clearing to a continuous clearing method for cheque processing. The new system will be rolled out in two phases, with the first starting October 4, 2025, and the second from January 3, 2026. Railway ticketing rules: New guidelines for purchasing general tickets online via the Indian Railway Catering and Tourism Corpo ...Read More >

26
BusinessSep 30, 2025 01:51 PM

Department of Posts and Indian Institute of Packaging Join Hands to Drive Sustainable Packaging for Postal Services

Mumbai: The Parcel Directorate, Department of Posts (DoP), Ministry of Communications, Government of India, has signed a strategic Memorandum of Understanding (MoU) with the Indian Institute of Packaging (IIP), an autonomous body under the Ministry of Commerce and Industry, to promote sustainable packaging practices and strengthen efficiency in postal services. The MoU was signed at the Office of the Chief Postmaster General, Maharashtra Circle, Mumbai, by Dr. Sudhir Jakhere, IPoS, Assistant Postmaster General (Business Development & Marketing), Maharashtra Circle, and Dr. Babu Rao Guduri, Ad ...Read More >

12
TechnologyJun 09, 2025 07:05 AM

Move over postal PIN code, DIGIPIN is here

CHENNAI: After being an inalienable part of addresses for more than five decades since the Independence Day in 1972, the Postal Index Number code, commonly called PIN code, has a digital rival from within, which would offer a very accurate location of the intended address. The Indian Postal Department has introduced a digital address called 'DIGIPIN' as an alternative to PIN codes. According to India Post, DIGIPIN will be the new address system in the country from now on. While traditional PIN codes cover a wide area, the DIGIPIN system represents the exact location of your home or business w ...Read More >

24
BusinessOct 01, 2025 01:45 PM

IRCTC ticketing, speed post, small business lending undergo key changes this month

NEW DELHI: Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing. Indian Railways booking platform IRCTC has launched new Aadhaar-based guidelines for the online booking of general tickets to prevent misuse of the reservation system by fraudulent agents. India Post is expected to revise its Speed Post charges and introduce an OTP-based delivery system to improve the security of the packages, effective from October 1. "With a view to ensure that the benefits of the reservation system reach the common end ...Read More >