The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to Rs 5,000 and per-transaction limit to Rs 1,000, in order to encourage wider adoption of the popular instant payment system through mobile phones. A limit of Rs 500 per transaction and an overall limit of Rs 2,000 per UPI Lite wallet, is presently applicable, with the facility of auto-replenishment. Unveiling the October bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das also said the per-transaction limit in UPI123Pay will be enhanced to Rs 10,000 from the current Rs 5,000.
Dasun Shanaka produced a solid all-round performance, which included bowling figures of 4 for 23, as former champions Sri Lanka overcame some jittery moments to down Ireland by 41 runs in their T20 World Cup warm-up game in Lauderhill (USA) on Friday.
Jaspal Rana's obsession with shooting behind Manu's Olympic success
As soon as you enter the White House you get a sense of the frenzied pace of preparation for Prime Minister Modi's visit, Rediff.com US Contributor Abhijit J Masih discovers on a visit to 1600, Pennsylvania Avenue on Tuesday morning.
Addressing the annual meeting of the Confederation of Indian Industries, the prime minister said, India has a responsibility and a right to participate in the management of these global challenges. Pointing out the poor response to the ongoing energy crisis, he said the world oil demand rose by just one per cent per annum over the past two years, crude prices shot up by over 90 per cent in dollar terms and 40 in Euro terms.
Cristiano Ronaldo's son Cris junior is a Lionel Messi fan the boy's father said after they met up with the Argentina captain at the Ballon D'Or ceremony in Zurich on Monday.
Unreserved railway tickets, which are bought by 16 million passengers daily in India, will soon be available through cell phones, thanks to a major IT initiative of Centre for Railway Information Systems (CRIS). The CRIS official also announced that the IT-based unreserved Ticketing System (UTS), which began six years ago as a pilot project to dispense unreserved tickets through a wider and universal access to information technology, would be extended to 6,275 stations.
Chennai-based Central Research Institute for Siddha is seeking patents for 30,000 Indian medicinal compositions and herbs, besides taking steps to digitise 10,000 formulae for treating various ailments.
India's telecom services would continue to record a strong growth with teledensity more than doubling to 18 per cent in the next five years
The Larsen & Toubro-Grasim deal is expected to aid the recovery in cement prices and limit the share of the multinational companies, according to CRIS INFAC, a research subsidiary of the rating agency CRISIL Ltd.
Multinational IT firms who are now leveraging the India offshore model to deliver value to their customers are planning to hire over 13,000 professionals in the next 12 months, CRIS INFAC, a business research firm of CRISIL, said on Tuesday.
Indian IT-enabled services companies can attain high profitability in the long term and growth of such services will be highly sustainable, according to report by CRIS INFAC, subsidiary of CRISIL.
There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, railway board member (Traffic) Mohd Jamshed told PTI.
Vikas, who has signed up with the legendary Bob Arum's Top Rank Promotions, made his debut in what was to be a six-round super welterweight contest. The bout, however, lasted just two rounds.
Indian Railways on Wednesday launched mobile application for paperless unreserved tickets.
Listing extremism and terrorism as "serious challenges", Pakistan's new Prime Minister Raja Pervez Ashraf on Tuesday vowed to establish the writ of the State and said the country's soil will not be allowed to be used for attacking other nations. Addressing the first meeting of his Cabinet since assuming office last week, Ashraf said Pakistan values its relations with the Islamic world, the United States and China as well as neighbours like India and Afghanistan.
However, it could still take many years before the 161-year-old Lehman, once a poster-boy of the US markets, could regain its lost glory.
The long and irritating experiences of booking train ticket through IRCTC website seems to be a thing of past now as the Railways on Wednesday launched the next generation e-ticketing system enhancing the booking capacity to 7200 tickets per minute and making the whole process much faster and easier.
Come October and Indian Railways Catering and Tourism Corporation (IRCTC) will receive another setback, when the alternative portal being developed by the Centre for Railway Information Systems (CRIS) according to the ministry's directions goes on air.
The list of shortest celebrity marriages in Hollywood.
In the Railways, people in various categories including senior citizens, patients, eminent artists and sportspersons are eligible for availing concessional fare facilities
Ruud van Nistelrooy struck twice in six minutes to salvage a 2-2 draw for Manchester United against Olympique Lyon.
Investment in national highways would double to Rs 66,000 crore (Rs 660 billion) over the next five years, as compared to the past half-decade, according to a forecast by a research firm.
Check out the glamorous stars in attendance.
India's new passenger car sales are likely to grow at a compounded 9.5 per cent to cross the 900,000-mark in the year to March 2007 due to rising incomes and cheaper finance, a research report said.
Dutch soccer star Robin van Persie returned to his home ground on Monday as he signed with Feyenoord Rotterdam hoping for a positive ending to his dwindling career.
The reason for choosing Rajdhani and Shatabdi trains first for paperless ticketing system is that all passengers of premier trains are likely to have mobile phones
Cristiano Ronaldo said he regretted taking the attention away from Real Madrid's third consecutive Champions League crown after hinting the 3-1 final victory over Liverpool was his last game but reiterated that he is not happy with the club.
The World Happiness Report published on Wednesday ranked 156 countries by happiness levels, based on factors such as life expectancy, social support and corruption.
Cristiano Ronaldo may have played his last game for Real Madrid after winning a fourth Champions League crown with the Spanish side in a 3-1 victory over Liverpool on Saturday, saying he would soon make an announcement on his future.
Centre for Railway Information Systems, the information and technology arm of railways, has launched a new mobile application which can be used for various enquiries including train timings, a senior Railway official said.
Train passenger fares may soon be linked to inflation rate, sources say, adding that the new model may be based on the Wholesale Price Index.
A round-up of our favourite photographs from the week gone by.
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