Shopmatic lets users build their own online stores with a payment gateway, reports Tech in Asia
An united Opposition escalated its protests over the Nov 8 note ban by taking to streets across the country as part of the 'Jan Aakrosh Diwas'
Traders book profits on lenders' outperformance to broader markets since November 8
Party could gains in upcoming state polls in Uttar Pradesh, Punjab, Gujarat, Goa and Manipur
It's my son's wedding, not my daughter's, replies civil aviation minister
Recently, Paytm has been exploiting the opportunity at a breakneck speed to capture and disrupt a large part of the market with its e-wallet
He appealed to the people to shift to cashless system of transactions
This initiative is in line with the bank's commitment to extending banking services to remote locations of the country
He contended that this would result in 'failure' of government's attempt to 'eliminate black money'
Weekly withdrawal limit of Rs 50,000 from current account and monthly limit of Rs 2 lakh is causing them problems
As many as 1.55 lakh post offices - about 1.30 lakh in rural areas and the rest 25,000 in urban areas are playing a prominent role
In Kolkata, Ola has partnered with Punjab National Bank, while for Hyderabad, it has collaborated with SBI and Andhra Bank
The opposition parties will launch a country wide protest 'Aakrosh Diwas' on November 28 over the demonetisation move
In his Mann Ki Baat address, he urged the nation's small traders and daily wage earners to embrace digital payment channels
He said, 'The corrupt are incorrigible and still looking for unfair means to stock black money by exploiting the poor'
This is not the time to talk about how online payment services can replace cash.
Earlier Rs 73 lakh in cash was impounded in two cars on Nashik-Aurangabad road after government had banned high currency notes
The HRD ministry is planning to encourage cashless transactions in higher educational institutions. Sources said that there is a thinking in the ministry that bodies like IITs and Central varsities should go cashless in their transactions. Earlier, in a bid to provide relief to people, ministry has advised educational institutions associated with it to not insist on draft and pay orders for payments but accept electronic transactions like RTGS, NEFT or cheques. According to sources, the ministry has also said that all educational institutions should prepare a roadmap for transition to cashless mode for all financial transactions.
The scrapping of 500 and 1,000 rupee banknotes, or 86 percent of the value of cash in circulation, is part of a crackdown on corruption, tax evasion and militant financing.
I dimly remember the days when my money was mine.