Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.
This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years.
The real surprise in these results came from Asaduddin Owaisi's AIMIM. Of the 29 Muslim candidates who got elected to the 227-strong BMC, the Congress and the AIMIM between them bagged 22.
Vishwas Kumar Ramesh, the sole survivor of the Air India plane crash, has been discharged from the Ahmedabad Civil Hospital following his recovery, and he later attended the cremation of his deceased brother who was flying with him on the same aircraft, officials said on Wednesday.
Prime Minister Narendra Modi on Friday met those injured in the Air India plane crash at the civil hospital in Ahmedabad.
'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.'
'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.'
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
Authorities at the Ahmedabad Civil Hospital have so far identified eleven victims of the June 12 Air India plane crash through DNA testing and started the process to hand over the bodies to their relatives, officials said on Saturday.
Vishwas Kumar Ramesh, the sole survivor of Air India's AI 171 crash, said he still cannot believe how he miraculously survived the accident of the ill-fated London-bound flight in which 265 people lost their lives.
As many as 28 legislators, including former Union minister Prahlad Patel and Bharatiya Janata Party national general secretary Kailash Vijayvargiya, were on Monday inducted into the Madhya Pradesh cabinet led by Chief Minister Mohan Yadav.
'The people of Gujarat are more religious than people of other states, this gives the BJP an advantage.'
Rediff.com, one of India's pioneering internet companies, on Tuesday announced the appointment of Mr Vishal Mehta as its new Chairman and Managing Director. This key leadership change follows Infibeam Avenues Ltd's acquisition of a majority stake in Rediff.com.
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions.'
The BJP has fielded former MP Parvesh Verma from the New Delhi seat against Arvind Kejriwal.
Patel's elevation and his subsequent projection as chief ministerial face -- he is the first from the Kadva Patidar sub-group to be the chief minister -- is key to BJP's plans to woo the Kadva Patidar community, which some political observers feel, has drifted away from the party.
Shinde had retained most of the sitting MLAs, who chose to be with him when he led the rebellion two years ago. They delivered for him on Saturday when votes for the state polls were counted.
The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Unified Payments Interface (UPI). Accordingly, the NPCI in a circular dated January 10 has asked the UPI participants to put in place a mechanism by April 30 under which non-residents having NRE/NRO accounts will be allowed to transfer funds using their international mobile numbers.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
Patel's elevation to the coveted post is being attributed to his closeness to former Gujarat chief minister and current Uttar Pradesh Governor Anandiben Patel. Both have residences in the same locality in the city.
A dedicated party worker, who made his way up in the state politics from the municipality level, Patel was a surprise choice for the top post when the BJP decided to effect a regime change, replacing the entire ministry a year before the elections.
Union Home Minister Amit Shah and chief ministers of some BJP-ruled states were among those present at the Raj Bhavan ceremony.
The party's CM choice came as a surprise for many as the low-profile, first-time legislator was not seen to be among the top contenders for the post.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
The Gujarat High Court on Tuesday issued notice to state minister Maya Kodnani on an application filed by the Supreme Court appointed Special Investigation Team for cancellation of her anticipatory bail in the 2002 Naroda Patia riot case.
In the last 9 years, the BJP govt has marked some anniversaries and events with more zeal than Congress-led governments.
'Kejriwal could have easily deputed someone to step in as chief minister, but being the authoritative and self-centered personality that he is, he chose not to do it.' 'If the AAP loses Delhi, where it has a huge majority, the only one to blame would be Kejriwal,' asserts Ramesh Menon.
As the temple is inaugurated, unfortunately for Advani but unsurprisingly for the rest of us, the architect of the party's rise will not lead the ceremony and claim credit for his achievement, notes Aakar Patel.
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.
The Congress forget Modi has demigod status in Gujarat and there is no way he can be defeated in the state, argues Syed Firdaus Ashraf.
The Reserve Bank of India (RBI) on Friday extended the card-on-file (CoF) tokenisation deadline by three months to September 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. Tokenisation is the process of replacing actual card details with a unique alternate code called 'Token' - thereby enabling more secure transactions.
Gujarat was labelled Hindutva's crucible and Modi was to become the chief 'chemist'. A revealing political saga excerpted from Nilanjan Mukhopadhyay's The Demolition, the Verdict and the Temple: The Definitive Book on the Ram Mandir Project.
Come October 1, merchants, payment aggregators and acquiring banks can no longer store the card details of customers.
Tokenisation is the process of replacing debit and credit card numbers with a set of characters or tokens.
The quota stir by Patels has led to the emergence of new leaders on the political scene of Gujarat.
Action was being taken to remove encroachments from about 10,000 square feet of land around the temple premises.
Sardar Vallabhbhai Patel resolved issues of merger of other princely states, but 'one person' could not resolve the Kashmir issue, Prime Minister Narendra Modi said on Monday, in a veiled attack on India's first PM Pandit Jawaharlal Nehru.
BJP's prime ministerial candidate Narendra Modi is predicted to win both seats -- Varanasi and Vadodara. Kejriwal is places at number 2 in Varanasi, says the ABP News-Nielsen exit poll. Senior BJP leader L K Advani is likely to win the Gandhinagar Lok Sabha for the sixth time.
Hardik Patel, the face of Patel quota stir in Gujarat, has announced plans for a nation-wide agitation seeking reservation for nearly "27 crore people" of various communities including Gujjars and Kurmis.
The Supreme Court-appointed Special Investigation Team (SIT) will challenge before the Gujarat high court the recent acquittal of all 67 accused in the 2002 Naroda Gam riot case by a special court, sources said.
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