The recent Reserve Bank of India (RBI) norms on tokenisation services, which will be offered by card networks, are likely to result in merchants and payment aggregators incurring a cost as they have to pay a fee to the networks. The merchants and the payment aggregators, in turn, may pass on the cost to the customers. The norms, which were issued by the banking regulator released on September 7, allow card networks like Visa and Mastercard to offer the tokenisation service.
'They are trying to stoke emotions to build fear.' 'They have done nothing and that is why they are trying to divert attention.'
The tax department surveyed the office of the news portal located at Sarvodaya Enclave in south Delhi on Friday along with that of another digital news platform Newsclick in Saidulajab area (south Delhi) on charges of alleged tax evasion.
The National Crime Records Bureau data, referred to and quoted by rights lawyer Vrinda Grover, assumes significance in view of the observations of an apex court bench headed by Chief Justice N V Ramana that there have been "enormous misuse" of the colonial era penal law on sedition and very low rate of conviction in such cases.
Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
Rapid strides in digital payments notwithstanding, the Indian economy will likely remain cash-dependent for many years to come, at least that's what the automated teller machine makers and cash logistics companies are betting on. After growing at over 20 per cent for most of 2020, currency in circulation growth fell to 8.5 per cent as of October 29 this year, shows data from the Reserve Bank of India (RBI). The reason for the steep rise in currency last year was the uncertainties related to the Coronavirus (Covid-19) pandemic, where people preferred to hoard cash to meet exigencies.
New reports have suggested that the captain of the Germanwings plane had yelled at the co-pilot Andreas Lubitz to open the door of the cockpit as he tried to use a crowbar to force his way into the cockpit during the horrific descent.
Apart from physical access to handsets, metadata and backups are two common ways in which private communications can be broken.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
No improvement in the air quality in Delhi-NCR is expected for another three days, authorities said on Monday, as the Supreme Court directed the Centre to call an emergency meeting to decide on measures like stopping non-essential constructions, transport and power plants by Tuesday evening.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
She dared the government to order an impartial probe if there is something in which she said the truth will come out.
'Demand is wonderful. We have crossed 10 million on many days.' 'The Swedish trade commissioner recently said, "You guys are vaccinating the entire Sweden in one day".'
However, the probe agencies stressed that all angles were being covered in the probe.
Pednekar was a nurse before coming to politics and has decided to join the team of BMC's BYL Nair Hospital to aid the COVID-19 patients in their fight against the virus.
'The boycott has not achieved success. Sales figures for Chinese products on the top three Indian online retailers in the first week of October hit a new record. Amazingly, the Chinese mobile phone company Xiaomi sold half a million phones in just three days on the Flipkart, Amazon India, Snapdeal and Tata CLiQ platforms.'
Issues such as the economy's health and the government's ability to produce an environment where jobs are available are not of particular concern to us as voters, asserts Aakar Patel.
Housing Secretary Robert Jenrick said there will be a move towards greater "personal responsibility" as the UK prepares to end lockdown restrictions from July 19.
A mini-submarine deployed to find the crashed Malaysian jet has touched record depths in the Indian Ocean beyond its operating limits and embarked on a fifth mission on Friday, with still no sign of the plane's wreckage.
India has administered more than 88.13 lakh Covid-19 vaccine doses in the last 24 hours, the highest ever vaccination achieved in a single day, the Union health ministry said on Tuesday.
The Congress chief appealed to the prime minister that with restrictions being imposed to stop the spread of the virus, he should put in place a minimum monthly guaranteed income scheme and transfer a sum of Rs 6,000 into every eligible citizen's account.
According to IFJ's list for 2018, armed conflict and militant extremism accounted for most journalists' killings.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
M&M led the gainers' pack, spurting 2.76 per cent, followed by ITC, Kotak Bank, L&T, SBI, Bajaj Auto and Nestle India.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
A news report in daily Pakistan Today quoted an unnamed JIT member to say that the attack was nothing but 'vicious propaganda' against Pakistan as Indian authorities did not have any evidence to back their claims.
Kerala on Wednesday recorded 31,445 fresh cases, which is 68.11 per cent of the national total -- 46,164 -- of new infections in the last 24 hours.
The acoustic pingers on the missing Malaysia Airlines plane's two black boxes were due for overhauls and battery replacements in 2012 but were never returned to their manufacturer, according to a media report.
Assuming that the value of LIC's holding has risen in line with the markets, its portfolio size today could be around $86 billion, higher than the previous record of $84 billion in March 2018.
A single application and a plethora of services for passenger cars - that is what myTVS, a brand that operates under Ki Mobility Solutions and is part of the TVS family, is set to bring to customers, in a bid to disrupt the concept of "super apps" in India. Starting July 15, myTVS will launch its connected car platform or super app called myTVS Life360 for aftermarket passenger cars. Through it, customers will be able to avail themselves of a range of services like maintenance, diagnostics, roadside assistance, accessories, payments, insurance, and so on.
India's reproduction value, which reflects how rapidly the coronavirus pandemic is spreading, has remained below 1 since September, suggesting that the infection rate is declining, according to a study.
It said the ransomware called 'WannaCry' or 'WannaCrypt' encrypts the computer's hard disk drive and then spreads laterally between computers on the same LAN.
The story behind the horrific crash of the Lufthansa's Germanwings airbus that claimed the lives of 150 people onboard could take some more time to unravel.
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years. Having pledged Rs 6 lakh crore on green energy, Ambani says RIL will scale up investments in this business which will start going live in the next 12 months. "Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next couple of years," Ambani, chairman and managing director of RIL, said in the company's latest annual report.
A special bench headed by Chief Justice N V Ramana, in an interim order uploaded Wednesday night, also directed the Commission for Air Quality Management in the NCR and Adjoining Areas to 'commission a scientific study of air quality based on available data of previous years bearing upon recorded levels of air pollution'.
Sensex rises, Nifty ends at record high; RIL shares rally.
Modi's last interaction with chief ministers was on March 17 during which he had expressed concern over the rise in COVID-19 cases in parts of the country and called for "quick and decisive" steps to check the "emerging second peak".
Heavy rains accompanied by strong winds damaged many cars, brought traffic to a grinding halt, left trees uprooted and led to power outages in various parts of the capital on Monday.
At least 40 people, including 20 police personnel, were injured during the clashes, the police said on Saturday.
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