Page 2521 - Economy & Policy News

Aadhaar gets Virtual ID for security: All you need to know & how it works

The UIDAI's official handle tweeted about the launch and said that while residents can generate their VIDs right away, service providers are expected to start accepting it in place of Aadhaar 'soon'

Don't deny pension for want of Aadhaar: EPFO to banks

The circular also said people who do not have Aadhaar should be encouraged to get it

UIDAI unfurls beta version of Virtual ID; can be used in place of Aadhaar

The new feature will allow Aadhaar holders to quote their Virtual ID (VID) number without actually disclosing the 12-digit Aadhaar number

Some people are trying to fail Aadhaar by stoking imaginary fear: UIDAI

UIDAI said law prohibits it from doing any such analysis and therefore there is no scope of surveillance of any kind

Should Aadhaar, the world's largest biometric system, be on blockchain?

Opinion on the issue is divided, with some saying the move would protect privacy, and others saying the technology is very expensive

Aadhaar doesn't pose any privacy issue and is worth emulating: Bill Gates

It is believed that several countries, including some from India's neighbourhood, have approached New Delhi for assistance in this matter

From cheating banks to faking identity, Aadhaar frauds peak in 2018: Report

At a recent court hearing, UIDAI admitted that 6% of Aadhaar authentication requests using fingerprints transactions are known to fail

Srikrishna Committee embraced a balanced view on Aadhaar: Nandan Nilekani

One still needs to wait for the Supreme Court judgment on Aadhaar for all the pieces to fall into place

Citizens cry foul as Aadhaar helpline number comes pre-loaded on phones

The issue gained prominence when French hacker Elliot Baptiste asked people on Twitter if they have the UIDAI helpline number on their contact list

How did Aadhaar helpline sneak into your mobile? UIDAI says it has no role

UIDAI's response came after people on social media questioned why the number was being saved by default in people's contact list on Android phones

Govt plans making Aadhaar compulsory for filings under Cos Act

There are more than nine lakh active companies in the country

Govt to roll out Aadhaar Pay for cashless transactions

14 banks have agreed for Aadhaar Pay and service will be launched soon, Ravi Shankar Prasad said

Ravi Shankar Prasad asks Qualcomm for innovation on Aadhaar-based payments

Technical prowess of India's unique identification number is well accepted, says Ravi Shankar Prasad

Re-verification of old subscribers to cost Rs 2,500 cr: COAI

COAI has said eKYC should not be mandated for States such as J&K and Assam

ADB upbeat on India, keeps FY19 growth forecast unchanged at 7.3%

The report said the impact of the rising oil prices is offset by robust domestic demand and rising exports, particularly of manufactures

Here are the hits and misses of India's draft Data Protection Bill

On 15 data protection policy-making metrics, we found that the Srikrishna Committee output passed muster on four principles

5 northern states to fix uniform tax rate on fuel amid rising petrol prices

Northern states also agreed to bring uniformity in taxes on liquor and registration of vehicles and transport permit

India ranks 96th on Economic Freedom Index; HK, Singapore retain top spot

In overall ranking, India was evenly placed among BRICS nations

Govt to consider PSBs' demand to relax PCA framework for banking system

Finance Minister Arun Jaitley held the annual performance review meeting of PSBs on Tuesday and discussed wide-ranging issues, including the need for early capitalisation of banks this fiscal year

Bad debts declining, PSU banks' loan recovery picking up: FM Jaitley

Financial Services Secretary Rajeev Kumar said banks expect to recover Rs 1.8 trn through IBC and other routes during the current fiscal