Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 214 results found. Search for [ UPI ]

Results 1 to 21 of 214
BusinessToday.In
New Delhi, July 13, 2018
Features like train search without login, easy-to-use web interface, alternative accommodation facility, etc, have been incorporated in the new IRCTC portal, whose final version was launched on June 13.


BusinessToday.in
New Delhi, July 12, 2018
Govt may levy higher tax on petrol, diesel cars to promote electric vehicles: ReportIf the finance ministry has its way, then petrol and diesel cars might get more expensive in the near future. According to Mint, the government is considering a proposal to impose a marginally higher tax on conventional cars in an effort to push electric vehicles (EVs).Connaught Place is one of the world's 10 most expensive office markets: ReportAccording to property consultant CBRE, New Delhi's Connaught Place has moved one position higher to become ninth most expensive office location in the world with an annual rent of $153 per sq ft. Mumbai's Bandra Kurla Complex (BKC) slipped to 26th position with an annual prime rent of $96.51 per sq ft from 16th rank.Govt increases threshold limits for tax dept appeals in tribunals, courtsTo reduce the long-pending grievances of taxpayers and to minimise tax litigations, the government on Wednesday decided to increase the threshold monetary limits for filing appeals in appellate tribunals, high courts and the Supreme Court to Rs 20 lakh, Rs 50 lakh and Rs 1 crore, respectively.Telecom Commission gives nod to net neutrality, new telecom policyThe principles of net neutrality have been approved by the Telecom Commission, paving the way for unrestricted access to the internet in the country. The net neutrality rules bar service providers from discriminating against internet services and content by blocking, throttling or granting them higher speed access.UPI 2.0 to be launched this weekTo give a boost to cashless transactions in the country, the NPCI, after the delay of over a year, will launch the upgraded version of the Unified Payment Service (UPI) platform, UPI 2.0, this week. Though the latest UPI version will be loaded with features like auto debit and double transaction limit, etc., the Reserve Bank of India's decision to withhold 'Standing Instruction' feature could be a dampener.


BusinessToday.In
New Delhi, July 11, 2018
Though the latest UPI version would be loaded with features like auto debit and double transaction limit, etc, the Reserve Bank of India's decision withhold 'Standing Instruction' feature could be a dampener.


B.S. Srinivasalu Reddy
New Delhi, July 9, 2018
A new breed of fintech lenders is creating a niche segment.


BusinessToday.In
July 9, 2018
Paytm said that it has witnessed a tremendous increase in adoption of digital payments in tier II and tier III cities that constitute 50 per cent of its total user base.


Nidhi Singal
New Delhi, July 4, 2018
With a premium look and feel, Samsung's Galaxy A6+ is a feature-loaded device. But is it good enough to compete with the offerings from the likes of Vivo, Xiaomi, Honor etc.?


BusinessToday.In
New Delhi, July 4, 2018
Monthly UPI transactions record fastest growth in six months in June; the Supreme Court has decided it will not stay the regulator RBI's ban on cryptocurrencies and Death Cross has hit gold in India. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, July 2, 2018
WhatsApp's new One-way Broadcasting feature has been rolled out to most devices. The new feature lets a group admin dictate what is posted in a group. As the feature's name suggests, it's a one-way flow of messages.


BusinessToday.In
New Delhi, June 29, 2018
OnePlus to develop the first 5G smartphoneThe next OnePlus device might very well be the first 5GB smartphone ever. Talking at Mobile World Congress in Shanghai, OnePlus chief Pete Lau said that the company is exploring its partnership with Qualcomm to develop one of the first 5G phones. The launch of the next OnePlus flagship, which is likely to be called OnePlus 7, will be in sync with the first yeatr of 5G in the US. OnePlus is also looking into carrier deals in the United States to expand its reach in one of the most important markets in the world.Redmi 6 Pro launched in ChinaXiaomi added the Redmi 6 Pro to its new generation of Redmi smartphones. The device was launched in China earlier this week. The redmi 6 Pro comes with the trusted Snapdragon 625, coupled with 3GB or 4GB of RAM. The three variants of the device get either 32GB or 64GB of internal storage, depending on their memory configuration. At the front is a 5.8-inch FullHD+ screen with a display cutout at top, the first in Redmi devices. At the back is the familiar Redmi design language with a dual camera setup featuring 12MP and 5MP sensors.Xiaomi sells a million units of Mi 8 series, Mi Band 3It was a week of milestones for Xiaomi. The Chinese tech giant sold a million units of its recently launched Mi 8 series in a span of 18 days. A million units of the Mi Band 3, which was launched alongside the Mi 8 series were sold in only 17 days. These sales figures pertain to the Chinese markets alone as the devices are yet to be launched in global markets.Apple starts assembling iPhone 6s in IndiaApple has reportedly started assembling iPhone 6s in India. The tech giant has collabrorated with its Taiwan-based manufacturer for this. The Taiwanese compnay has set up a production line for iPhone 6s in its Bengaluru facility. However, Apple is producing limited quantities of iPhone 6s in India, and will have to scale its operations if Indians are to get any price benefits.Apple-Samsung seven-year-long legal war comes to an endApple and Samsung buried the hatchet in a seven-year-long legal battle over patent infringement. However, both companies withheld the compensation amount that has been paid to Apple in this matter. Apple sued Samsung for the first time in 2011 over charges of copying design and utility patents of iPhone.Instagram brings own video call featureAfter introducing its TV feature last week, Instagram rolled out its own video call feature this week. The video call is available to all Instgram users, and they will only  have to update their apps to the latest verison. The video call option in available under the chat section of Instagram.WhatsApp Payments delayed due to lack of communicationThe launch of WhatsApp Payments has been delayed due to lack of communication betweenn the agencies. Reports suggest that the National Payments Corporation of India (NPCI) has failed to answer critcial questions about the UPI-based payments services asked by the Ministry of Electronics and Information Technology. WhatsApp Payments has been in Beta since February and is being tested by one million users.


BusinessToday.In
New Delhi, June 29, 2018
WhatsApp is taking a big step forward by piloting their Payments feature in India. The feature has been in Beta since February and is being tested by around a million users across the country.


BusinessToday.In
June 25, 2018
WhatsApp Payments will soon reach customers and the company is gearing up for the launch with a 24-hour customer support for all users planning to use these services.


PTI
June 24, 2018
While WhatsApp is yet to announce the official date of launch of its UPI-based payments service, industry watchers expect an announcement to come in the next few weeks.


PTI
New Delhi, June 23, 2018
WhatsApp, which is testing its payments services in India, today said it is updating its terms of service and privacy policy to \"reflect the addition of payment interoperability features\" ahead of the full-fledged launch of the service.


BusinessToday.In
June 22, 2018
With the introduction of direct link with banks, the total transaction points will be reduced. This will, in turn, reduce the amount of time it takes to make refunds.


BusinessToday.In
New Delhi, June 18, 2018
The company has made special provisions with the Indian Government and various banks to make the transactions as seamless as possible.


BusinessToday.In
New Delhi, June 18, 2018
Nirav Modi holds six Indian passports; agencies to file fresh FIRAbsconding jeweller Nirav Modi, wanted in the Rs 13,600 crore PNB fraud case, is reported to be in the possession of at least six Indian passports and the investigative agencies are likely to file a fresh FIR against him for this offence, senior officials confirmed. It is a criminal offence to possess more than one valid passport and also to use a revoked passport. Modi, who was earlier holed up in the UK, is now reported to have flown to Belgium, according to Indian intelligence agencies. His move to Belgium follows the pressure that India was building up on the Theresa May government to get him extradited. Challenge before government is to take growth rate to double digit: PM Modi at Niti AayogThe challenge before India is to take the economic growth rate to double-digits for which many more steps need to be taken, Prime Minister Narendra Modi told a meeting of chief ministers. Speaking at the Niti Aayog's fourth meeting of Governing Council, Modi stressed that the world expects India to become a USD 5 trillion economy soon. As many as 23 chief ministers and one Lt Governor attended the meeting. The notable absentees however were chief ministers of Odisha, Jammu and Kashmir and Delhi.Walmart deal will be cancerous to retail trade, says CAIT  The Walmart-Flipkart deal will be cancerous for the Indian retail industry, the Confederation of All India Traders (CAIT) has said in a letter to Finance Minister Piyush Goel. CAIT said today that its letter has also drawn the attention of Goel towards the inaction of the Commerce Ministry for not taking any steps so far in connection with Walmart Flipkart deal, despite sending communication to the trade minister. The trade body also apprehended that if no action is taken, other foreign e-Commerce majors like Amazon and Alibaba will also engage companies like Flipkart and the result would be consolidation of retail trade in very few hands which will be detrimental to offline retailers. The e-Commerce spectrum will also be vitiated to a great extent, it added.Trump favors long strike in Washington Post  US President Donald Trump has supported a proposed strike by The Washington Post workers demanding an increase in their salaries and other benefits, saying a really long strike would be a great idea. The President has been at loggerheads with several US mainstream media outlets, including the CNN, ABC News, The New York Times and the Washington Post. He has quite often described these popular media houses as \"fake media\".More than 400 employees of the Post have written to Amazon head Jeff Bezos seeking an increase in their salaries. Bezos owns the leading US daily.Almost 1 mn people 'testing' WhatsApp payments service in India  Almost one million people in India are \"testing\" WhatsApp's payments service, and the company is working with the Indian government, NPCI and multiple banks to further expand the feature to more users, a company official said. WhatsApp payment service, which rivals the likes of Paytm, has been in beta testing over the last few months. The Facebook-owned company hasn't yet announced a launch date but industry watchers expect it to happen in the next few weeks. WhatsApp had received permission from NPCI to tie up with banks to facilitate financial transactions via Unified Payments Interface (UPI). The Reserve Bank of India has mandated all payment system operators to ensure that data related to payments is stored only in India giving firms six months to comply with it.Excise duty cut in oil to impact India's fiscal deficit badly: Moody'sRating agency Moody's has sounded a note of caution that any reduction in excise duty on petrol and diesel would adversely affect fiscal deficit unless it is matched by a commensurate cut in expenditure. Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market. According to government estimates, every rupee cut in excise duty on petrol and diesel will result in a revenue loss of about Rs 13,000 crore.


PTI
New Delhi, June 15, 2018
Digital India is about education, employment, entrepreneurship and empowerment as it will help realise the objective of reform, perform, and transform, says the Prime Minister.


PTI
June 15, 2018



BusinessToday.In
June 12, 2018
Last year in May, Paytm launched its own payments bank with the aim of doubling its customer base to 50 crore by 2020. Paytm saw a phenomenal rise after Prime Minister Narendra Modi's shock ban of Rs 500 and Rs 1000 notes in November last year resulted in cash crunch and boosted use of its electronic wallet.


BusinessToday.In
New Delhi, June 11, 2018
Last October, the Reserve Bank of India announced that it would allow interoperability among prepaid payment instruments (PPI) in phases, including e-wallets of private players. At the time, the expectation was that interoperability among KYC-compliant PPIs would be implemented by mid-April.


PAGES 1 OF 11  12345