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Emails have made everything faster and taken away the patience that one used to have when letters were the medium to communicate. With letters, you cannot reject them immediately. Gurugram rarely has postmen delivering letters to the people and having small conversations. Those delivering the letters just drop them at the doors of the house.
The finance ministry has revised the rules for post office time deposits (POTD) recently. One of the major change in the rules is that five-year post office FD cannot be prematurely withdrawn before it completes 4 years from the date of deposit. Earlier, rules allowed the breaking of POTD after it completed 6 months from the date of deposit.
The Reserve Bank of India (RBI) has said that 97.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned.
Many members opposed the Bill in parts, mainly clause 9 and 10 that grant the post officials power of interception and exempt them from any liability.