November 22, 2016 02:49 IST
Niti Aayog has also suggested to allow direct integration of e-wallets to the National Payments Corporation of India’s Unified Payments Interface (UPI).
Tue, Nov 22, 2016November 22, 2016 01:16 IST
There are around 2 lakh CSCs in India, of which, 20,000 function as banking correspondents while another 63,000 facilitate Aadhaar-based cash transactions.
Tue, Nov 22, 2016November 18, 2016 03:56 IST
Centre’s decision to discontinue notes of Rs 500 and Rs 1,000 denominations, which created a shortage of cash in circulation across the country, has come as a cash cow to online payment firms.
Fri, Nov 18, 2016November 13, 2016 02:33 IST
A branch of the Central Bank of India in Ahmedabad, to ensure fairness for all those queuing up, started giving out tokens to those in line and entertained to their needs accordingly.
Sun, Nov 13, 2016November 11, 2016 02:25 IST
Finance minister Arun Jaitley said that the decision to remove the high denomination notes was aimed at making India a cashless economy.
Fri, Nov 11, 2016November 10, 2016 05:00 IST
The government announced that banks would remain open on Saturday and Sunday to deal with the anticipated rush of people wanting to deposit old currency notes.
Thu, Nov 10, 2016November 10, 2016 04:40 IST
As per data by the US Department of Commerce, American firms spent nearly $2.56 billion on research and development in India as of 2013.
Thu, Nov 10, 2016November 10, 2016 04:12 IST
CoD accounts for nearly 70 per cent of the business for the online retailers at large.
Thu, Nov 10, 2016November 09, 2016 05:05 IST
Besides, e-commerce companies could see a move away from the cash-on-delivery payment, which was the fastest growing segment in this space.
Wed, Nov 09, 2016November 09, 2016 00:57 IST
Repository includes socio-economic data of various migrants, annual crime databases, among others.
Wed, Nov 09, 2016November 07, 2016 00:59 IST
Furthermore, any technology or intellectual property developed by any of the private universities or companies, would be held and controlled by the government, the official said.
Mon, Nov 07, 2016November 04, 2016 01:07 IST
Reliance Jio did grab the headlines with the free voice and data, but it did not have the expected impact.
Fri, Nov 04, 2016November 01, 2016 01:27 IST
Govt planning to raise Rs 20,500 cr from strategic sales and Rs 36,000 cr from minority stake sales.
Tue, Nov 01, 2016October 30, 2016 00:12 IST
Flipkart’s total valuation reduced to $8.7 billion against $9.0 billion as per Fidelity’s numbers
Sun, Oct 30, 2016October 28, 2016 01:05 IST
Govt-mandated features may add to the security quotient but is likely to take away the affordability factor of low-cost phones.
Fri, Oct 28, 2016October 19, 2016 02:22 IST
One of the other concerns revolving around the right of way issue was the fees charged by local bodies such as the municipality for granting the right of way permissions.
Wed, Oct 19, 2016October 17, 2016 01:04 IST
In June this year, India reviewed its FTA with South Korea, with which it had a trade deficit of around $10 billion in 2015-16.
Mon, Oct 17, 2016October 14, 2016 05:13 IST
The view to have separate land laws across different states was reinforced after a meeting of the governing council of the Niti Aayog with state chief ministers in July 2015.
Fri, Oct 14, 2016October 12, 2016 01:28 IST
The policy changes introduced before the auctions does not appear to have delivered much results.
Wed, Oct 12, 2016October 11, 2016 02:23 IST
The taxation rate for GST, intended to be rolled out from April 1, 2017, is pivotal in the finalisation of the revamped Budget process for next financial year.
Wed, Oct 19, 2016October 09, 2016 03:49 IST
Experts say higher-than-anticipated indirect tax collections might help bridge the shortfall.
Sun, Oct 09, 2016October 08, 2016 03:18 IST
According to the official, the department has proposed increasing the prices of the 25 paise and 50 paise postcards to 2 rupees, and the price of the Rs 6- printed postcard to Rs 9 per printed postcard.
Sat, Oct 08, 2016October 04, 2016 05:06 IST
The payment trouble at Cognizant comes at a time when the company’s financial performance has taken a knock.
Tue, Oct 04, 2016October 04, 2016 01:32 IST
Regulations governing telecom sector focus majorly on the voice services, but given the increasing pace of data usage, the govt may have to widen its ambit of governance with rules that dictate the latter.
Tue, Oct 04, 2016October 03, 2016 04:32 IST
Rajan had opposed the idea suggesting that it would make sense for the banks themselves to recover the dues.
Tue, Oct 04, 2016