Jaitley lists three gains from note ban

Jaitley lists three gains from note ban

New Delhi, September 18 (IANS) Increase in volume of digital transactions, widening of tax base and squeezed circulation of high denomination currency were the real measures of success of demonetisation, Finance Minister Arun Jaitley said on Monday.   The success of the November 2016 note ban came under attack after the Reserve Bank of India […]

Airtel Payments Bank launches UPI enabled digital payments

New Delhi, September 17 (IANS): Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.   This will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money transfers to any […]

GSTN glitches: GoM selects 25 issues, to meet every fortnight

New Delhi, September 17 (PTI): A high-powered group of ministers will meet every fortnight to resolve over two dozen technical glitches identified in the GST tax portal GSTN, the panels head and and Bihar Deputy Chief Minister Sushil Modi has said.   Over 25-odd glitches, which had led to the GST-Network portal crashing on at […]

India likely to be third largest economy by 2028: HSBC report

MUMBAI, SEPTEMBER 17 (PTI): India is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent in reforms and focus more on the social sector, British brokerage HSBC has said.   Social capital is “insufficient” in the country and spending on aspects like […]

Market logs strong weekly gains, Sensex rallies 585 pts

Market logs strong weekly gains, Sensex rallies 585 pts

Mumbai, September 16 (PTI) Stocks: Both the indices, Sensex and Nifty, ended higher by 585 pts and 151 pts respectively on fresh buying mainly in Healthcare, Capital Goods, Power, Banking and Auto sectors from domestic and foreign funds.   The benchmark indices started the week on a bullish note on positive global cues, however midway […]

Arun Jaitely to launch Google payment app ‘Tez’ on Monday

Arun Jaitely to launch Google payment app ‘Tez’ on Monday

New Delhi, September 16 (IANS) Union Finance Minister Arun Jaitely will launch Google’s Unified Payments Interface (UPI)-based digital payment service called “Tez” on Monday.   “FM Shri @arunjaitley to launch the Google Digital Payment app ‘TEZ’ on Monday, 18th September, 2017 in the national capital,” the Finance Ministry confirmed in a tweet on Saturday.   […]

Equities close flat on weak global cues, profit booking

Mumbai, September 15 (IANS) Weak global cues on the back of recurring geo-political tensions, coupled with profit booking in banking, capital goods, FMCG and healthcare sectors, subdued investors’ sentiments and led the key Indian equity indices — the BSE Sensex and NSE Nifty50 — to close on a flat note on Friday.   The 30-scrip […]

Google to launch mobile payment service in India – report

Google to launch mobile payment service in India – report

September 14 (Reuters) – Alphabet Inc’s Google plans to introduce a localised digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken.   The payment service, called Google ‘Tez’, will offer payment options beyond the existing ones like Google Wallet or Android Pay, […]