Mumbai: In order to further rationalise money changing activities, the Reserve Bank on Friday allowed authorised money changers (AMCs) to sell Indian rupees to foreign tourists against international debit cards. This facility was earlier limited only to international credit cards.
"...it has been decided that Authorised Money Changers (AMCs) may sell Indian rupees to foreign tourists/visitors against International Credit Cards/International Debit Cards," RBI said in a notification. RBI added that these AMCs should take prompt steps to obtain reimbursement through normal banking channels.
AMCs are authorised by the RBI to deal in foreign exchange for specified purposes to widen the access of foreign exchange facilities to residents and tourists.
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04:15 AM, Apr 06, 2013
The Department of Post has launched electronic version of Indian Postal Order - eIPO - which will help NRIs to pay fee online for seeking information under the RTI Act. "Department of Posts on Friday in association with Department of Personnel and Training launched Electronic Indian Postal Order (eIPO) to enable Indian citizens abroad to pay RTI fee online. ...
04:17 AM, Mar 23, 2013
There were reports that the film has a reference to Prime Minister Rajiv Gandhi's assassination. ...
01:05 PM, Dec 23, 2012
To prevent the use of stolen cards, the Reserve Bank of India on Wednesday asked banks to consider issuing debit cards with photographs of the cardholders on them. "With a view to reducing the instances of misuse of lost/stolen cards, banks may consider issuing cards with photographs of the cardholder or any other advanced methods that may evolve from time to time," the RBI said while issuing guidelines for issuance...
07:44 PM, Dec 12, 2012
New Delhi: The characters they chose to portray were imbibed with the quirks that are peculiar to Bengalis. Their trenchant reproduction of difficult roles with a certain matter-of-fact panache made them the toast of the town this year. Yes, this has been a lucky year for the Bengali artistes in Hindi cinema. Actors Parambrata Chatterjee, Saswata Chatterjee, Prasenjit Chatterjee, Paoli Dam, Bipasha Basu, Nandana Sen and Reema Sen, and directors...
12:57 PM, Oct 05, 2012
Mumbai: Two of his much-talked about films have not come out yet and shedding light on them Amitabh Bachchan says shooting for 'Shoebite' is complete and that he has no clue about 'Shantaram'. "'Shoebite' was the idea that Percept (Percept Picture Company) first worked on, then UTV came into the picture and even Shoojit Sircar came on board. Then UTV said they have got some legal problem with the 20th...
06:45 PM, Aug 22, 2012
Mumbai: Software services exporter Wipro's IT services revenues grew higher than expected by 9.54 per cent quarter-on-quarter to Rs 8,314 crore for the quarter ended June 2012. IT services EBIT too increased better than expected by 10.87 per cent QoQ to Rs 1,744 crore in the first quarter of FY13. Analysts on an average had expected IT services revenues at Rs 8,145 crore and IT services EBIT at Rs 1,688...
08:54 AM, Jul 24, 2012
BANGALORE: This year property tax collection is likely to be a paperless transaction. Citizens can pay their property tax to BBMP through their debit and credit cards, if everything goes as planned.BBMP Commissioner M K Shankarlinge Gowda directed the revenue officials to prepare for property tax collection for the year 2012-13 which will start from April 1, 2012. He has directed them to make facility for e-payment where public can...
10:02 AM, Mar 07, 2012
London: A laptop prototype has been unveiled with a device that allows a user to control the computer by sight. The eye-tracking technology monitors the user's gaze and works out where they're looking on the computer screen and means, among other things, that users can play a game where they defeat enemies because the game's lasers hit where they look. It can also scroll text on the screen in response...
12:36 PM, Mar 04, 2011
London: Banks were accused of a cover-up after they tried to silence a Cambridge University scientist who exposed a fatal flaw in chip and PIN card security. The UK Cards Association (UKCA), which represents the country's biggest banks, objected to research that showed how a simple 20 pounds device could be used by fraudsters to buy goods without entering a valid personal identification number at the till. Former Labour MP...
01:03 PM, Dec 29, 2010
They were arrested after police found that the card was used for buying petrol. ...
07:33 AM, May 11, 2010
Banks have asked merchants to do so to check fraud-related activities. ...
06:07 PM, Jul 26, 2009
During a cash crunch, many companies look for ways to make an extra buck. ...
09:04 PM, Oct 13, 2008
The film's shooting has been put on hold due to alleged copyright issues. ...
02:59 AM, Jul 24, 2008
Banks have raised charges on ATM transactions and other basic services provided. ...
08:46 PM, Aug 02, 2007
India's supremacy and growing reputation in IT and software sector have created a good basis for further expansion. ...
10:32 AM, Mar 29, 2007
Move over plastic money. Now a simple SMS sent via customers’ mobile phone will make all payments. ...
09:29 PM, Jan 14, 2007
A UTI bank customer in Mumbai found that his balance was wiped out through an ATM in Kerala without his knowledge. ...
08:26 PM, Jan 12, 2007
Now you can add your mobile phone to that great list of credit cards, debit cards comforts as well. Welcome to the world of payment by SMS. ...
08:32 PM, Dec 20, 2006
