The Indian Newspaper Society (INS) has called for the implementation of a just system of payment after India’s competition watchdog on Friday ordered an investigation against Alphabet Inc’s Google. The decision relates to a case filed by the Digital News Publishers Association that has alleged Google had ‘abused’ its dominant position in news aggregation leading…Continue Reading

Online payment rules are set to change on January 1: All you need to know

From January 1, 2022, the way Indians use their credit/debit cards and transact at ATMs will change. There has been a significant increase in internet penetration across the country, which opens the door for cybercrime. As a result, the Reserve Bank of India (RBI) has advised all merchants and payment gateways not to store client…Continue Reading

Scheduled payment banks, SFBs to do government agency business: RBI

Bank executives said this is step to broad-base set up and enhance quality of service for government business Topics Payment banks | RBI | Private banks Abhijit Lele  |  Mumbai  Last Updated at December 16, 2021 01:27 IST Reserve Bank of India The Reserve Bank of India (RBI) has thrown open the government agency business like tax collection to…Continue Reading