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RBI to introduce new prepaid payment instrument
RBI to introduce new prepaid payment instrument

The Reserve Bank of India (RBI) will introduce a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of Rs 10,000.

Accordingly, the loading of such PPI will be only through a bank account and it could be used for making only digital payments such as bill payments a

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Samsung brings 'The Wall' display to India, starts at Rs 3.5cr
Samsung brings 'The Wall' display to India, starts at Rs 3.5cr

If you love to watch movies or sports on big screens, think of bigger ones now as South Korean technology giant Samsung on Thursday introduced its modular MicroLED display "The Wall" that can stretch your imagination with its 146-inch, 219-inch, 292-inch screen sizes, costing you anywhere between Rs 3.5 crore to Rs 12 crore, excluding

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'India growth for FY20 at 5.8%, pace up structural reforms'  (12:08)
'India growth for FY20 at 5.8%, pace up structural reforms' (12:08)

International agency OECD on Thursday reported that India's FY19-20 GDP growth would be 5.8 per cent.

Recently the official GDP numbers for the Q2 quarter came out to be 4.5 per cent and this is the first international growth forecast after that. The Organisation for Economic Co-operation and Development (OECD) is an intergove

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TNPL: Co-owners of Tuti Patriots expelled; no franchise suspended, says report
TNPL: Co-owners of Tuti Patriots expelled; no franchise suspended, says report

The Tamil Nadu Cricket Association (TNCA) has expelled two co-owners of a franchise acting on the recommendations made by its internal inquiry committee probing the allegations of corrupt practices in the Tamil Nadu Premier League (TNPL).

According to a report in the Indian Express, TNCA -- while acting on the advice of the intern

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Instagram now asks new users to provide their birthdate
Instagram now asks new users to provide their birthdate

Facebook-owned photo-sharing platform Instagram will now ask new users for their date of birth when an account is created.

Previously, Instagram users were required to confirm they were ages 13 or older when signing up, but they didn't have to provide an exact birthday.

The new addition is Instagram's attemp

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UAE-based Indian kid's robot to be showcased at Dubai Expo
UAE-based Indian kid's robot to be showcased at Dubai Expo

A small robot built by a nine-year-old United Arab Emirates (UAE)-based Indian child which segregates waste, will be showcased at the Expo 2020 Visitor Centre in Dubai, it was reported.

Nine-year-old Putsala Harshith, who originally hails from Srikakulam, Andhra Pradesh, is a class four student at the Bright Riders School Abu Dhab

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Chile approves lower-range pension hike amid protests
Chile approves lower-range pension hike amid protests

 The Chilean Senate has unanimously passed a bill to gradually increase the lowest pensions in the country by up to 50 per cent amid anti-government protests.

The bill had earlier been passed in the Chamber of Deputies on Tuesday, and after its passage in the Senate on Wednesday, it was now ready to be enacted as a law, repor

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UK broadcaster calls Greta Thunberg 'mad, dangerous'
UK broadcaster calls Greta Thunberg 'mad, dangerous'

British broadcaster Jeremy Clarkson has called 16-year-old climate activist Greta Thunberg "mad, dangerous", adding that she should "go back to school and shut up", a media report said on Thursday.

Clarkson spoke out against the Swedish eco-warrior while promoting the latest season of motoring series "Gran

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Iran hasn't shut door on negotiations: Rouhani
Iran hasn't shut door on negotiations: Rouhani

Iranian President Hassan Rouhani has said that his country was still open to negotiations amidst ongoing tensions, a media report said.

"We have no choice other than resistance and steadfastness in the face of those who impose sanctions, but have not shut the door to negotiation either," Press TV said in te report citing

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RBI just a rate cut away from post Lehman lending rate
RBI just a rate cut away from post Lehman lending rate

When the RBI governor announces the decision of Monetary Policy Committee today all eyes would be on the quantum of policy rate cut. India's central bank is just 40 basis points away from bringing down the key lending rates near its historic low of 4.75 per cent (current repo rate at 5.15 per cent) reached in 2009 soon after the collapse of

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