The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.
The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.
RuPay National Common Mobility Card's offline wallet can be used to make ticket payments in transit, including in metros, cabs, etc, enabling automatic, quick, cashless payments.
The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions or top-ups in any customer accounts, wallets, and FASTags, keeping in view the interest of customers, including merchants. As per a January 31 order of the central bank, PPBL was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29.
The Reserve Bank of India (RBI) has barred Paytm Payments Bank from most operations, including taking deposits and fund transfers with effect from March 1, 2024. The curbs on the bank come amid several alleged failures such as violations of know-your-customer (KYC) norms. Under such a scenario, here's what works for customers using Paytm Payments Bank, according to the company.
'If the NDA returns with the BJP substantially ahead of the JD-U, a BJP CM bid becomes plausible; if the gap is narrow or JD-U holds pivotal seats, continuity with Nitish is the lower-risk option.'
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday. The blog post came amid the recent crisis around Paytm Payments Bank Limited (PPBL), an associate company of Paytm, which has been barred by the RBI from accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
Breaking his silence on the Hanuman Chalisa row that has seen a lawmaker couple being booked for sedition and the Bharatiya Janata Party raising the Hindutva pitch, Maharashtra Chief Minister Uddhav Thackeray on Monday said reciting the Hanuman Chalisa at his home is not a problem but 'dadgiri' won't be tolerated.
The Prime Minister's Office has said that these innovations will herald a new era of travelling comfort and enhanced mobility.
This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023.
One97 Communications Ltd (OCL), the parent firm of fintech major Paytm, has denied reports about any investigation by the Enforcement Directorate (ED) into the company, its associates, and its founder and chief executive officer (CEO), Vijay Shekhar Sharma. The company, in an exchange filing on Sunday, said it had cooperated with the authorities when users or merchants on its platform were subject to enquiries in the past. "We would like to set the record straight and deny any involvement in anti-money laundering activities.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
"Our government does not delay decisions. We neither nurse problems nor keep them pending," Modi said.
Semi-high-speed 'Namo Bharat' train services on the 17-km priority section of India's first Regional Rapid Transit System (RRTS) rail corridor will be opened for people from Saturday morning.
Mumbai on Tuesday reported 102 fresh Covid-19 cases, the highest one-day rise after February 27 this year, taking the tally of infections to 10,59,433, the city civic body said.
Prime Minister Narendra Modi on Thursday inaugurated and laid foundation stones of development projects worth more than Rs 38,000 crore in different sectors in Mumbai, giving a big push to infrastructure, urban travel and healthcare ahead of civic polls in the city in which the Bharatiya Janata Party and the Eknath Shinde-led Shiv Sena faction will seek to showcase these ventures to take on their political rivals.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
'Saral Rozgar' is a mobile job marketplace that helps blue collared and entry-level job seekers to connect to mainstream employers anywhere in India via mobile in their own language in an affordable manner, Tech Mahindra, head mobility business, Jagdish Mitra said in Kolkata on Tuesday.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.
Whether it is the virtual world or the physical one using your credit card with a few precautions go a long way in keeping it safe. Be cautious and do not become a statistic in the growing credit card fraud!
Being driven to abandon Indian middle-class values, asks Ajit Balakrishnan.
If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c, suggests Bindisha Sarang.
The PM2.5 level (presence in the air of particles with a diametre of less than 2.5 micrometres) touched a new high at 158 as authorities predicted further deterioration of air quality in the coming days.
In a video issued by the Health Ministry, Dr Randeep Guleria, Director of the All India Institute of Medical Sciences (AIIMS) answered commonly asked questions regarding the dosage of the vaccine saying that two doses of the vaccine will have to be taken 28 days apart and protective levels of antibodies generally would develop two weeks after the second dose.
The next phase of the COVID-19 vaccination drive for people above 60 years and those aged 45 and above with comorbidities will begin from March 1 and registration on the Co-WIN2.0 portal will open at 9 am on Monday.
The Mumbai Police's crime branch had taken Waze's custody on November 1 based on the complaint filed by builder-cum-hotelier Bimal Agrawal, in which Param Bir Singh is also named as an accused.
The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
NPCI has launched several consumer friendly systems including one that allows users to transfer money to people over mobile phones across India.
The CJI said that absence of timely legal help to poor affects credibility.
The amended bill also provides for a stiff Rs 1 crore penalty and a jail term for private entities for storing Aadhaar data.
The ministry, under Ravi Shankar Prasad, will soon prepare a Cabinet note for bringing Aadhaar under its administrative jurisdiction.
In order for somebody to do Big Brother kind of a job, one has to collect lots of data. Aadhaar collects very minimal data whether at the time of enrollment or at the time of authentication.
Discussions are on in government about how to make the process simpler for the poor and more cost-effective for telecom operators, says Subhomoy Bhattacharjee.
'Let Modi not be in the news, I will stop making cartoons on him.'
Not just in the fight against COVID-19, but also in politics, economics and society, observes Ajit Balakrishnan.
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