The firm chooses UP for payments bank launch in February. Karan Choudhury reports.
Digital transaction players are hurriedly drawing up a memorandum to be taken to the central bank in hope of having a few of the guidelines -- such as full Know Your Customer (KYC) compliance in 12 months -- overturned, reports Karan Choudhury
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
Chetia was deported to India last week after being jailed in Bangladesh for 18 years.
Fall in both WPI and CPI inflation to pressure RBI, say analysts
Budget forces last minute change in finance minister's plans.
Government's move to hire UK arbitrator follows poor track record of India in extraditing offenders from Britain
However, strong rupee, concerns over production at home may spoil the party
Thousands of homeowners across housing projects owned by Jaypee Infratech and the Amrapali Group are running out of options. Jaypee Infratech and Amrapali are among the 12 big corporate loan defaulters against which the RBI has ordered initiation of insolvency proceedings.
Smart India Hackathon 2017 saw them build computer programmes or smartphone applications for 598 problems identified by different government departments.
Weakness in dollar in the overseas market also boosted the rupee value
The government has constituted a committee headed by NTPC Chairman Arup Roy Choudhury to study the proposal and submit a report in two months time.
In Kolkata, there is a community of chartered accountants, and it is easy to find 'directors', who for Rs 5,000 will sign anywhere.
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
According to Trump Junior, since his father took office, the level of scrutiny has been quite frustrating and disgusting, reports Karan Choudhury.
'The leadership values I learnt while playing cricket in India helped me compete vigorously in the face of uncertainty -- putting the team first and bringing out the best in everybody.'
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
A septuagenarian widow has received family pension after waiting for over half a century for it.
India showed revival signs in the March quarter.
The RBI is not statutorily independent from the government but has long enjoyed wide latitude
Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans, but the general direction will remain the same
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Safety standards are thrown to the wind as government urges consumers to use mobile wallets at petrol pumps, Shine Jacob & Karan Choudhury/Business Standard report from New Delhi.
India's foreign exchange reserves surged $5.04 billion in the week ending March 28, its biggest weekly rise in four months, as the central bank started to buy dollars regularly in an effort to build up its defences against any potential global turmoil.
A solution to motion leaks would be to lower the sample rate of the sensors
Allegations are flying thick and fast, from harassment, pressure on employees to sell their stocks in the firm, to not one but two extortion calls.
During investigation, 'sufficient evidences have not been found against' Pragya Singh Thakur and five others, the NIA said, adding it has submitted in the chargesheet 'that the prosecution against them is not maintainable'.
Tour operators in Odisha are set to suffer losses as tourists and pilgrims have started cancelling their bookings to various destinations in north India following the devastating floods in Uttarakhand.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
Realtors split on possibility of price fall, gold may replace cash in secondary deals.
Government has forecast annual economic growth to rise to 7.4%.
After a group of young hackers beat companies that claim to spend a bomb on cyber security, Karan Choudhury reports on just how easy it is to exploit digital wallets.
'Before the elections, fake news can create law and order hassles and that is the reason they want social media firms to follow the amended IT Act.'
A total of 3,30,27,661 people had applied to be included in the NRC. Of them, 3,11,21,004 have been included in the document and 19,06,657 excluded.
WPI inflation, which was in the negative zone from November 2014 to March 2016, has been on an upward trend for the seventh straight month
Digital campaigns compared to billboards or even print ads not only have the power to reach wider audiences but also reduce the campaign costs. The focus on social media by political parties at election time, therefore, is hardly misplaced.
Prime Minister Narendra Modi on Saturday began his historic two-day visit to Bangladesh by paying homage to the martyrs of the 1971 War of Liberation in which India had helped.
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances