The Reserve Bank of India's (RBI's) recent decision to allow credit cards for payments through the Unified Payments Interface (UPI) is likely to attract a merchant discount rate (MDR), said a top payment industry source. For smaller merchants, a subsidy for MDR could be provided. "With credit card-UPI linkage, UPI will not only be a payment instrument but also a lending platform. "How can banks lend without a commercial model? Also, the government has said MDR will be zero for payment products but not for lending products," the source said, indicating the MDR regime for credit card-linked UPI payments.
Photographer Pradeep Bandekar is always around when the stars walk around Star City Mumbai.
These directions on enhancing security of card transactions will come into effect from March 16, 2020, as per the RBI notification.
Sankar's father Subramanian encouraged him to drop out of the schooling system at an early age and pushed him to play in the upper age groups and senior circuits.
'They want us to win in every match, like in cricket.' 'It's so tough to play every tournament and win.'
Ambassador Pankaj Sharma, Permanent Representative of India to the Conference on Disarmament (CD), Geneva, said India has been drawing the attention of the world towards these threats and the need to strengthen international cooperation to address them through its annual consensus UNGA resolution titled 'Measures to prevent terrorists from acquiring weapons of mass destruction'.
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
AIFF secretary Kushal Das molested employees at work place, alleges former owner of I-League team Minerva Punjab.
In an embarrassment, Pakistan-occupied Kashmir and Aksai Chin were not shown as India's territory in a map by the Pentagon website ahead of Defence Minister Manohar Parrikar's press conference jointly with his American counterpart.
"Modi ji! Is this our Indian culture? Is this what has been taught in Vedas, Mahabharat, Ramayana and Bhagavad Gita? I am asking BJP national president Nadda ji. Is it our culture?" he asked, referring to Sarma's comments.
The current question is about the BJP-ruled Centre, headed by Prime Minister Narendra Modi, like its predecessors, not arguing the Union of India's case effectively and continuously, whenever the matter came up in the past, if its case still was that Rajiv's killing was an 'act of terror', asks N Sathiya Moorthy.
Subhash K Jha picks his favourite five Sushant performances.
It is learnt that the sympathisers of the Taliban who are targeting India are now active.
Separatist leader Mohammad Yasin Malik on Tuesday pleaded guilty to all the charges, including those under the stringent Unlawful Activities Prevention Act (UAPA), before a Delhi court in a case related to alleged terrorism and secessionist activities that disturbed the Kashmir valley in 2017, court sources said.
Gudiya had been ill since delivering a stillborn child in October.
As you swipe your credit/debit card with carefree abandon at merchant outlets, banks are losing money to the tune of Rs 3,800 crore annaully, says Soumya Kanti Ghosh
A merchant using the bank's merchant App, QR code, PoS or Payment gateways, across all segments, including electronics, apparel, grocery, stand to win assured cashback and prizes on volume build-up, EMI or digital transactions.
The script remained the same in the second game as well, with Sindhu maintaining her firm grip over the proceedings to race to a 6-0 lead in just two minutes.
One priority for Delhi (for the new foreign secretary in particular) is to have an in-depth discussion with Dharamsala as soon as possible, suggests Claude Arpi.
While Bihar and J&K have the least proportion of bank account holders using debit cards at PoS machines, Telangana's record is the highest.
A look at the fun pictures of the visit.
The Indian Bank Personnel Selection common written examination for selection of candidates for clerical positions in 19 listed banks in the country is scheduled on November 27, 2011, Sunday. In an online chat with readers, Aziz Manva, head, Testfunda.com addressed reader queries related to cracking the exam. For those who missed the live chat, here's the unedited transcript.
Here are some scenes from inside Italy's intensive care units, where medical staff are treating the most severe cases of COVID-19
If you are serious about countering the Chinese threat, then the best weapon is investing in real freedom, plurality, elections and democracy. Unfortunately, it isn't an approach all Indians currently seem to agree on, asserts Shyam G Menon.
Casting director Mukesh Chhabra threw open the doors of his new office, and called his filmi buddies over for the inauguration.
'The surrendered terrorist in custody identified himself as Ali Babar Patra of Pakistan's Punjab. He has admitted he is a member of the LeT'
Shah said "three families" are answerable to the people for their failure to develop Jammu and Kashmir over the past seven decades.
The second-seeded 23-year-old, who is also an Asian Games gold-medallist, thrashed his rival 5-0 to move into the pre-quarterfinals of the world showpiece. The Indian had been given a first-round bye.
The banners appeared on roads in front of Press Club, Sector F-6 and Abpara Chowk on Tuesday
Sushant Singh Rajput was cremated in the presence of family and friends.
Raising the issue of Balochistan for the first time before the United Nation, India on Wednesday accused Pakistan of widespread human rights violations there as well as in Pakistan-occupied Kashmir.
'I once thought Shah Rukh Khan to be the most knowledgeable actor in our industry,' Paresh Rawal once told me. 'But Sushant was just as well-informed on any topic under the sun.' Subhash K Jha recalls his many conversations with the actor.
'You were looking for perfection in an incurably imperfect world,' mourns Subhash K Jha who knew Sushant Singh Rajput well.
Instead of the instinctive outcry that sentiments are hurt, the political leadership ought to avoid emotions and opt for reason for what has been suggested is good for us. They ought to cease stoking the fire and accept the reality, says Mahesh Vijapurkar.
A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.
'Is China's intention not clear?' 'Do we still think that if we are nice to China, it will be good to us?'
India on Thursday lashed out at Pakistan for "inciting and supporting" terrorism in Jammu and Kashmir.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances