scorecardresearch
Thursday, March 28, 2024
TopicOnline transactions

Topic: Online transactions

Trade in rupee can’t afford speed breakers from govt. RBI also needs to take care of a hitch

While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.

What is tokenisation, RBI’s new idea for safe online payments that’ll be voluntary from 1 July

To secure card transactions online, RBI has mandated all authorised card networks to issue merchant-specific tokens against card details. Here’s a look at what that will entail.

Amazon or Big Bazaar, Indians want low prices. Online retail must be a level-playing field

India’s e-commerce rules single out foreign-owned online platforms like Amazon and Flipkart. But the domestic online and offline retailers follow similar marketing tactics.

Apple to start direct online sales of devices in months after Modi govt eased FDI rules

Modi govt Wednesday allowed single brand retailers like Apple to set up online stores before physical shops and also eased local sourcing rules.

RBI to allow 24×7 money transfer facility under NEFT from December

The National Electronic Funds Transfer (NEFT), operated by the RBI, is used for fund transfers up to Rs 2 lakh.

On Camera

Social media has made news more graphic. Torture by Russian military is latest example

Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.