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27 August, 2015 6:18 PM RBI extends deadline for banks to issue chip, PIN-based cards

Mumbai: The Reserve Bank on Thursday said it has extended the deadline for banks to issue chip-based and PIN enabled debit and credit cards. "It has been decided to grant extension of time for issuance of EMV Chip and Pin cards for cards issued under the Prime Minister Jan Dhan Yojana (PMJDY), Basic Saving Deposit Account to September 30, 2016," RBI said in a notification 44

27 August, 2015 12:23 PM Prime Minister Modi vows to end maternal and child deaths

Prime Minister Narendra Modi vowed to put an end to preventable deaths of mothers and children, while addressing the inaugural session of the two-day Call to Action 2015 summit, in which 24 countries are participating here on Thursday. Taking pride in the fact that India was the first to host the prestigious international meet, outside of the U.S., he said the summit 21

25 August, 2015 4:45 AM Indian stock markets: Latest developments

The rupee recovered by 26 paise to 66.39 against the dollar at the Interbank Foreign Exchange in early trade on Tuesday on fresh selling of the US currency by banks and exporters. Dealers said fresh selling of the US currency by exporters and banks, and weakening of dollar overseas supported the domestic currency. Gains in stock markets also helped rupee 46

24 August, 2015 12:12 PM Seoul takes hard line as talks between rival Koreas drag on

SEOUL: South Korea's president vowed a hard line on Monday as marathon negotiations between senior officials of the two Koreas stretched into a third day in an attempt to defuse a crisis that had the rivals threatening war. President Park Geun-hye said that without a clear North Korean apology for a land mine attack that maimed two soldiers, the anti-Pyongyang 28

20 August, 2015 1:59 PM Success of payment banks to depend on scalability and ability to reduce cost, say experts

KOLKATA: Success of 11 payments banks, which promise to revolutionize the way money will flow across India by bridging the last mile gap between bank branches and customers in the hinterland, would depend on how they scale up their business and reduce transaction cost, experts said, since they would not enjoy the prospect of lending and make high-yielding 59

20 August, 2015 11:37 AM In Release of Kashmiri Separatists, a Role for Mehbooba Mufti, Say Some

Srinagar: The confusion that impelled the house arrest and then the release, two hours later, of Kashmiri separatists in Srinagar is matched by an equally befuddling explanation of just who called the shots. Sources in the central government say orders were sent from Delhi. In Kashmir, sources say it was Chief Minister Mufti Mohammed Sayeed's daughter 33

20 August, 2015 11:09 AM Xiaomi introduces MIUI 7 OS with new features, updates: Top 12 points

Chinese company Xiaomi has unveiled its Android-based MIUI 7 OS in New Delhi. According to The Next Web, the Xiaomi MIUI 7 update brings numerous new features, interface tweaks and performance improvements. 1. Xiaomi says MIUI 7 offers up to 30 percent faster response time when launching system apps and a 10 percent increase in battery life for the average 32

19 August, 2015 12:49 PM Xiaomi unveils MIUI 7, beta available starting August 24

NEW DELHI: Chinese smartphone giant Xiaomi unveiled MIUI 7, the next version of its Android-based operating system, in India. The beta version of the OS will be available for users of all Xiaomi devices starting August 25. According to Xiaomi, the company has refined MIUI over the past year to create MIUI 7, which has a colourful interface with better 63

16 August, 2015 7:59 PM Two days, two speeches, five takeaways

Over the weekend, President Pranab Mukherjee and later PM Narendra Modi addressed the nation. Both the speeches had a strong political flavour, making them compelling Over the weekend, keeping with custom, first President Pranab Mukherjee and later Prime Minister Narendra Modi addressed the nation. Both the speeches had a strong political flavour, making 45

15 August, 2015 6:45 PM Watch: Shashi Tharoor urges nation to save girl child

New Delhi: On the occasion of India's 69th Independence Day, senior Congress leader Shashi Tharoor shared a YouTube link on microblogging website Twitter in which he has uploaded a video giving a clarion call in support of saving a girl child. PM Modi had also earlier launched a scheme - ‘Beti Bachao-Beti Padhao’ - seeking to address gender imbalance 62