Mobile payment and e-commerce platform Paytm on Monday announced that it is setting up awareness camps in every district to help the country go cashless. The Paytm team is conducting sessions and workshops across schools, colleges, village panchayats and trade bodies to serve the dual purpose of informing customers about the benefits of dig...
Former union secretary E.A.S. Sarma has urged Prime Minister Narendra Modi not to force people to use credit and debit cards as every transaction takes away a portion of their hard earned money. In a letter to the Prime Minister, Sarma said knowing the risk of hacking, the Finance Minister should not force the citizens to switch over t...
It was a year of mixed fortunes for the Indian automobile industry that faced growth as well as tax, legal and government policy challenges, industry experts said. "It definitely was a challenging year for the automotive sector in general and luxury cars in particular. The year was marked with market challenges in the form of 'infra...
Amnesty International (AI) has released a report on Monday saying the alleged attacks against the Rohingya Muslim minority by the Myanmar army may be considered crimes against humanity. The report came on the day the Association of Southeast Asian Nations' foreign ministers were to meet in Yangon to address the ongoing Rohingya crisis in the ...
There was no respite in sight for cash-strapped people on Monday as queues outside banks and ATMs for withdrawing money continued across the city with rising anger and pain. An IANS correspondent who visited about 10 banks and ATMs across the city, found over 150 people outside Punjab National Bank and State Bank of India in Kalkaji area...
Hyderabad, Dec 19 LeanSpoon, a health food startup, and Truworth Wellness, a digital health and wellness company, have partnered to integrate health and wellness requirements for corporate workforce, a statement said on Monday. LeanSpoon and Truworth Wellness' The Wellness Corner, a web and mobile engagement platform, will enable users...
Hefty amount deposited in the accounts of Pradhan Mantri Jan Dhan Yojana (PMJDY) in the Tripura banks has prompted the state lawmakers to demand probe. According to United Bank of India officials, of the 830,742 PMJDY accounts in Tripura's 501 bank branches, 115,000 accounts were zero balance on November 8, when Prime Minister Narendra Modi announced...
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies -- but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised....
The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on the rupee against the dollar, firming of the US interest rates along with the hardening of the crude oil prices," a statement by the industry association said....
The Reserve Bank of India (RBI) has supplied as much as Rs 5.50 lakh crore in fresh currency notes to the banking system so far after the government announced spiking 500 and 1,000 rupee notes on November 8, a top Finance Ministry official said....
