TikTok, which is owned by China's ByteDance, has become popular with young users in India since its initial release in 2016

In a letter to Prime Minister Narendra Modi, Ashwani Mahajan, All India Co-convenor SJM wanted the ban to be 'part of a comprehensive counter-strategy against Pakistan and its real State supporter - China'.

From tomorrow Indian consumers will not be able to shop at the cost of somebody else's money or for the cashback offers.

While some people have hailed the notification, calling it a game changer decision, others have called it \"nonsensical\" idea, saying it will ultimately hurt consumers.

The new governor said that the autonomy of the central bank would be preserved, along with constructive dialogue.

Urjit Patel's resignation from his post as the governor of the Reserve Bank of India, comes just days before the meeting of the central bank's board on December 14

Patel is unlikely to yield under pressure and will rather mount a strong defence of the central bank's policies regarding stringent NPA recognition norms as well as measures taken to ease credit supply to MSMEs.

Finance Minister Arun Jaitley spoke about the surging growth of RuPay and Unified Payment Interface (UPI), which allows swift inter-bank fund transfers, on the second anniversary of demonetisation

In a letter to Prime Minister Narendra Modi, SJM alleged that the payment of royalty and technical fees to foreign companies is one of the key reasons for rupee depreciation.