NEFT transactions to be made 24x7 from December 16
Bank customers will be able to transfer funds through NEFT around the clock on all days including weekends and holidays from December 16, the Reserve Bank of India announced on Friday.
Online banking restored: HDFC Bank
Responding to customers, the bank said that the “technical glitch” has been rectified. “Our net banking an...
How hackers stole $1mn fund meant for Israeli start-up
The Chinese venture capital firm was alerted by their bank earlier this year that ther...
Central drugs regulator asks states, UTs to stop online sale of medicines
DCGI has asked all drug regulators in states and Union Territories to prohibit sale of drugs by online pharmacies.
Facebook to allow transfer of photos, videos to Google Photos
The world will see in the first half of year 2020, an option to transfer photos and videos from the social media network directly to other services, starting with Google Photos, said Facebook. The option will be available to users in Ireland. Data transfers will be encrypted with a password prompt before any transaction.
How to transfer your EPF account online
At the time of switching from the previous job to another one, an individual can transfer money from his/her old EPF account to new one online. However, there are certain conditions that an individual must satisfy while transferring money.
Govt taking adequate measures to control onion prices: FM Nirmala Sitharaman
Nirmala Sitharaman said there are several structural issues related to storage of onions and the government is trying to address them. Steps taken by the government to check rising prices of onion include ban on exports, imposition of stock limit, and import and transfer of onions from surplus to deficit areas, FM said.
Centre pushes for eNAM in states without APMCs
Nirmala Sitharaman recently asked states to scrap APMCs and join eNAM to help farmers get better price realisation of their produce. APMC is a marketing board meant to moderate prices and prevent big traders from exploiting farmers. Officials said business transactions are growing and more than 150 commodities are being traded on the electronic platform.
Raza's 'Paysage' to make auction debut, estimated to fetch Rs 3.15 crore
Saffronart's winter online auction will also feature works by Jagdish Swaminathan, Ram Kumar, Bhupen Khakhar and F N Souza.
Aadhaar enabled payment system growth slows in FY20
AePS facilitates cashless transactions through biometric authentication. According to NPCI, which runs the platform, biometric-based transactions grew by 10% to 208 million transactions in October 2019 from 189 million in April. October usually sees high transactions because of the festive season and higher remittance from urban to rural areas.
Fadnavis took oath to facilitate transfer of Rs 40,000cr to Centre: Anant Kumar Hegde, BJP leader
In a damning indictment of recent political drama in Maharashtra, senior BJP leader Anant Kumar Hegde has admitted that Devendra Fadnavis be...
Fadnavis denies Hegde's claim about central funds, says never took any such decision
Devendra Fadnavis on Monday denied BJP colleague Anant Kumar Hegde's claim that the former was made the chief minister despite not having a ...
Dun & Bradstreet launches online database on Indian businesses
Apart from company information, the platform will offer customised content and features such as slicing and dicing of information as per set parameters. This can be used across multiple functions like risk management, sales acceleration and supply chain onboarding, D&B said.
Soon, service provider to sell FASTags online
The service provider will also have to set up a system to resolve customer complaints or queries online. Only owners of cars, utility vehicles, vans and other light motor vehicles will be allowed to buy FASTags online. It has been specified in the bid document that the service provider shall not sell FASTags “in bulk to any single customer or a group of customers.”
U.S. Black Friday shoppers stay away from stores, make $7 billion-plus splurge online
For the first time in several years, however, store traffic on Thanksgiving evening grew - indicating a shift in when consumers are leaving their homes to shop. It is also a sign of how Thursday evening store openings have continued to hurt what has traditionally been a day that kicked off the U.S. holiday season.
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