RBI lifted ceiling on interchange fee on ATM withdrawals through circular issued Friday. Interchange fee is amount one bank pays another to facilitate ATM transactions.
Sources say RBI is set to extend the deadline for 6 months or till the end of the 2019-20 fiscal as banking officials look to ensure that ATM operations are ‘not disrupted’.
As the parents of an infant claimed last week that their son was killed by a rat bite at a hospital, ThePrint runs down the different times rodents wreaked havoc.
Demonetisation got popular support initially, but patience soon ran out. It dealt a massive blow to the Indian economy, and 99% of the currency came back.
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Headlines today rotate around four pivots — military, money, Modi, and a splash of cricket.
Military
The Indian Express opens with a headline on a new...
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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