An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.
The Bharat Interface For Money app was launched on the iOS platform earlier this month. It is also available on the more popular Android platform. There have been over 17 million downloads of the BHIM app so far.
The estimated cost of the metrino is Rs 50 crore per km and each pod can accommodate three to four persons, Megha Manchanda/Business Standard reports from New Delhi.
Inducted into India's SFC in 2003, Prithvi II, the first missile to be developed by DRDO under India's prestigious Integrated Guided Missile Development Programme is now a proven technology
In significant push towards a less-cash economy, Prime Minister Narendra Modi on Friday announced starting a biometric payment system using Aadhar platform within two weeks even as he exhorted citizens to adopt digital currency from the new year.
Describing the launch of the sophisticated missile as a complete success, ITR Director M V K V Prasad said all the mission parameters were met during the trial. "The missile was randomly chosen from the production stock and the launch activities were carried out by the specially formed Strategic Force Command and monitored by scientists of Defence Research and Development Organisation as part of training exercise," sources said.
'IAF is expanding at a rapid pace'
One of the most sought after exhibitions in Asia, as many as 549 companies are participating this year with 53 fighter aircraft on display.
Excise duty on most products has been capped at 12.5 per cent
'A month after assuming charge, Parrikar promised a policy within six months to "end or at least reduce" terrorist infiltration across the Line of Control.' 'However, infiltration continued apace, leading to high-profile terrorist attacks in Gurdaspur, Pathankot, and Uri.' 'During this phase, he made the controversial suggestion that India should fight terror with terror, hinting at supporting terror groups to strike in Pakistan,' observes Ajai Shukla.
India on Tuesday successfully test-fired for the second time in two days its indigenously developed nuclear-capable Prithvi-II missile, which has a strike range of 350 km, from a test range at Chandipur.
India on Monday successfully test-fired indigenously developed nuclear-capable Prithvi-II missile -- with a strike range of 350 km -- from a test range at Chandipur near Balasore in Odisha.
Indian Navy's new destroyer, Visakhapatnam, with enhanced capability to operate in nuclear, biological and chemical atmosphere, will be launched in Mumbai on Sunday.
Once you enter IIT Kanpur, you know you have arrived at a place which is at par with the best educational institutes worldwide. If not better.
New Delhi remains a priggish suitor to Washington's overtures, but it has begun appreciating potential tech benefits to ties with the US.
There appears to be uncertainty over availability of a lander from Russia even as the 'desi' rocket to launch the space odyssey would take time to become operational.
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases
He is betting on emerging firms to generate ideas and build wealth through Premji Invest
India's indigenous paper manufacturers are forced to use a variety of raw materials.
And the first Indian to go into space from 'Indian soil' could well be a woman.
'Prevention plus vaccination is what is going to take us into better territory by September or October.'
From using bio-fuels to revamping in-flight food and drinks services, eschewing mass-produced chicken/eggs in favour of local, farm-raised options to offering eco-friendly toys for children, airlines try out inventive measures to encourage carbon-neutral practices.
A fighter aircraft's lethality in air-to-air combat is governed by the air-to-air missile that it carries. Since the Independence, the Indian Air Force has mounted French, Russian and British missiles on its fighters. On Sunday, an IAF Sukhoi-30MKI fighter conducted the first test launch of the indigenous Astra air-to-air missile, which the Defence R&D Organisation is developing at its missile cluster in Hyderabad.
'We are going ahead with the trials assuming what we have is the vaccine.' 'There is also a chance that what you have is not the vaccine. Then, you have to go back to the drawing board again.' 'So far, there has been no success in developing a good vaccine against coronaviruses.' 'That's why there are hundreds of trials going on at different stages in different parts of the world.'
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
The biotech company's revenues had fallen to as low as Rs 50 cr.
'Lord Ram's history has reached Indonesia, but not Owaisi's home.'
Given the importance of equipment modernisation, the overall defence budget should rise at least at the same pace as salaries and pensions, so that equipment modernisation is not hit.
World's largest e-tailer Amazon is evaluating setting up a data centre in India to tap into the multi-billion cloud opportunity in India.
The Rs 978 crore mission, which has been rescheduled for Monday after scientists corrected the glitch in the rocket, will be launched at 2.43 p.m from the second launchpad at Satish Dhawan Space Centre, over 100 km from Chennai.
Full liberalisation of the defence industry is necessary for both combat-readiness and security of long-term supplies, says Nitin Pai.
The contracts with Israel Aerospace Industries will condemn the Tejas Light Combat Aircraft to a marginal presence in the IAF's future fleet.
There's still little indication of forward movement in Indo-US defence relations.
NSA Doval, defence top brass brief Union ministers on the deal to help them counter Opposition charges.
'As the tanks roll down Delhi's Rajpath and the C-17s fly overhead, there could be a lot brewing in Hyderabad House,' says Surya Gangadharan.
India's first indigenous nuclear-powered submarine is a considerable achievement -- and should have an impact on security strategy
The US wants its trade with India to grow multi-fold, Assistant Secretary of State for South and Central Asia Nisha Desai Biswal told lawmakers.
Some of the 19 NIT scholars who spent a week at the Rashtrapati Bhawan as part of an 'in-Residence Programme' share their learnings with Upasna Pandey
or the first time, the size and specifications of the Indian Navy's future aircraft carrier have been officially acknowledged.