Top headlines: New RBI norms from today, Adani to run Colombo Port terminal

Eight core sectors' output accelerates in Aug, Monsoon to withdraw from Oct 6, and other top headlines of the day

With Reserve Bank of India's new norms on recurring payments set to kick in today, there are fears that the day might see 50-60 per cent of such transactions failing. 

More on this and other top headlines of the day:

New RBI norms kick in today

Industry players across payments, merchants and banking ecosystem fear that 50 to 60 per cent recurring transactions may fail on October 1 as the Reserve Bank of India's changes on recurring payments kick in. Even as several banks sent out messages to customers announcing the new rules, industry sources indicated that extension of the timeline