The market regulator had first proposed such a facility to alert investors about trades being conducted in their accounts in August 2011.
'The Indian economy and the Indian financial sector today remain resilient and much better placed.'
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the income tax department to further streamline end-user experience.
The RBI clarification followed media reports quoting a reply to a Right to Information application that suggested the apex bank has not issued any order for mandatory Aadhaar linkage with bank accounts.
The Lumoid site a is clean and user-friendly e-commerce experience, prompting visitors to select a category, like 'Landscape,' 'Sports,' and 'Student' for recommended custom created kits or 'Shop All Gear' for those who prefer to pick and choose the pieces they need.
'If you are ready to stomach the loss, you may invest 3-5 per cent of your portfolio in crypto assets.' 'Of this, 80-90 per cent should be in Bitcoin.'
The interface allows you to add multiple banks and transfer money, even between payment wallets, for a fraction of existing costs
Now you can check your Aadhaar authentication history online to track if anyone misused your unique identity.
Compared to a 64 per cent penetration in Brazil (130 million users total) and 53 per cent in China (total 733 million users), India has barely 28 per cent penetration. Of the digital reach, almost 80 per cent are from affluent segments in urban areas. How can this change?
Photo-messaging app Snapchat on Wednesday said its monthly user base has reached 100 million in the country, and the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators. Snap Inc, the parent company of Snapchat, virtually hosted the second edition of 'Snap in India'. At the event, Snap co-founder and CEO Evan Spiegel announced the milestone of reaching 100 million Snapchatters monthly in India.
While about 2,000 beneficiaries were transferred an amount of Rs 35 lakh (Rs 3.5 million) on the Aadhaar platform, the figure is expected to go up on Thursday.
RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
The Reserve Bank of India (RBI) announced new rules for credit cards, applicable from July 1. "These directions cover the general and conduct regulations relating to credit, debit and co-branded cards which shall be read along with prudential, payment and technology & cyber security related directions applicable to credit, debit and co-branded cards, as issued by the Reserve Bank," the circular by RBI said. Business Standard culled out key rules from the list, and asked financial experts for advice on them, along with the thumb rules one needs to follow while using credit cards.
Tripti Rai explains the unique features of Bharat Interface for Money (BHIM) app developed by the National Payment Corporation of India.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
Taxi booking, shopping and transfer of money will be easy.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
21 banks have launched United Payments Interface application.
Unified Payments Interface launched to simplify mobile banking.
The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.
To capture the information regarding movement of migrants and facilitate the smooth movement of stranded persons across the states, National Disaster Management Authority has developed an online dashboard namely, National Migrant Information System, on the existing NDMA-GIS portal
The apex court observed that the government could not deny benefits to those who did not have not Aadhaar numbers.
'The Aadhaar project has grave civil liberty implications. It will enable the government to profile citizens and track their movements and transactions.'
There are four simple ways to link PAN to Aadhaar; make the most of the deadline to avoid hassles later, explains Bindisha Sarang.
The UIDAI said it is "contemplating a legal action" against ZDNet, on the issue.
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.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
A start-up that just focuses on discounting for growth without a balancing effort towards product will soon find itself riding a tiger that's impossible to get off from.
There is no word on extending the February 6, 2018 deadline for linking mobile SIM cards with Aadhaar.
The linking of Aadhaar number with mobile SIM cards would enable the subscribers to use a host of services, including financial transactions.
Cyber crime wing has been receiving 4-5 complaints every day involving impersonation
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
The authority said in response to a report based on RTI that 210 government website made Aadhaar information public .
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
While e-commerce sites rush to meet mass demand, Etsy is positioning itself more as a community of artisans where buyers can seek uncommon and unique products rather than mass-produced discounted products.
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