Voter ID scam: Police arrest 3, look out for 10 more persons

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Even as the Election Commission of India postponed the elections at the Rajarajeshwari Nagar constituency, the police have arrested three persons in connection with the voter ID cases. The police arrested Chinna Tambi, Chinna Dorai and Sharavana. Police officials said that a hunt is on for another 10 persons allegedly linked with the case. City police commissioner T Suneel Kumar told reporters that MLA Munirathna was named as an accused as water bottles found in the flat bore his picture. “We will secure all the accused and will question theirRead More

Up to Rs 100 GST discount on digital payments plan

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The five-member GST committee led by Sushil Modi has put the proposal to offer discount up to Rs 100 on applicable GST for the cheque and digital payments in all B2C transactions on hold until the next meeting as some members raised concerns on using the GST as a tool to incentivise digital transactions, CNBC-TV18 reported quoting sources. Sushil Modi said that one more meeting is required to calculate the loss and gains of incentivising the digital transactions. The revenue loss could be up to Rs 25,000 crore, the news channelRead More

RBI regulations create roadblocks for peer-to-peer lending companies

Finding alternative sources of investment is picking up as a phenomena in India. With limited venture funds and resource capital available, entrepreneurs and businesses are being compelled to seek out different avenues of funding such as peer-to-peer lending (P2P) for their operations. Looking at the advent of this online industry and its potential impact, regulatory bodies like SEBI and RBI are having to address this industry. While SEBI has made the first move, and is working on establishing regulations for the unregulated crowdfunding sector, RBI isn’t too far behind, and has published a discussion paper, based onRead More

IRCTC asks railway zones to deploy at least 10 POS machines in each train to provide bills for food items

New Delhi: The Railways has issued instructions to all its zones to ensure at least 10 point of sale (POS) machines on each train under their jurisdiction so that passengers are provided bills for food items they purchase. In a letter issued on Monday, the IRCTC said that despite it being mandatory for the licensee to issue bills to passengers for food items through POS machines, the hand-held electronic bill printing devices were not deployed in trains and cases of overcharging were “continuously being received, resulting in bad publicity for theRead More

Airtel’s Data Recharge Packs: Rs. 48, Rs. 98, Rs. 175, Rs. 248, Rs. 398 Explained

Sunil Mittal-owned Bharti Airtel is currently offering a host of data recharge packs apart from its unlimited prepaid plans. These data packs come with specific data limit for a specific period of time. These packs are priced at Rs. 48, Rs. 98, Rs. 175, Rs. 248 and Rs. 398, as mentioned on the official website of Airtel- There is an ongoing data war in the telecom market which kick started in the country’s telecom sector by Mukesh Ambani-run Reliance Jio. Airtel’s unlimited data pack in detail: Airtel is offering 400MB of data for Rs. 48. The pack is valid for aRead More

Bank Employees May Go On Two-Day Strike This Month: 10 Points

Bank employees may go on strike for two days later this month. A 48-hour strike by over 10 lakh bankers – employees of state-run and private sector banks – will be called by the end of May if the government does not ask the Indian Banks’ Association (IBA) to make an improved offer, news agency IANS cited All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam as saying. AIBEA is a trade union of bank employees. “If the Finance Ministry does not intervene to make the IBA toRead More

Flipkart Big Shopping Days Offers : 13 to 16 May 2018

After the resounding success of its action-packed Big Diwali Sale, Flipkart is back with yet another Big Shopping Days Sale; the Flipkart Summer 2018 Sale. Exclusively for Flipkart lovers, this fun-filled seasonal discount sale is all set to paint the upcoming festive season red. This Sale will present everyone the chance of buying and gifting clothes, electronics, smartphones, fashion accessories, and various other products to their hearts’ desire. So, get ready for the Flipkart Big Shopping Days Sale Offers period that begins on 13 May 2018 and extends to 16 MayRead More

IRCTC new method for booking Tatkal tickets

Indian Railway Catering and Tourism Corporation aka IRCTC  has recently launched a new method for booking rail tickets including Tatkal tickets. With this new service IRCTC e-wallet users can now book rail e-tickets including Tatkal quota tickets through its mobile android app, IRCTC Rail Connect. IRCTC e-wallet is a mode of payment which enables users to deposit money in advance with IRCTC. Here is the process how to pay for e-tickets via IRCTC e-wallet :- 1. User needs to register them at IRCTC e-wallet facility through IRCTC website 2. IRCTCRead More

Flipkart Big Shopping Days Sale Starts May 13…..

Flipkart has announced the arrival of its four-day mega sale starting May 13. The Flipkart Big Shopping Days sale will commence on May 13 and go on till May 16. It will offer lucrative discounts on smartphones, laptops, TVs, and even large appliances. The upcoming Flipkart sale promises to offer the lowest possible prices on smartphones, and will be conducting flash sales on select devices as well during the Big Shopping Days sale. The e-commerce brand expects to see six times more growth in sales during the four days inRead More

Good News: Modi Govt Allows Flyers To Use In Flight Internet, Calls

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Flyers would be able to make calls on-board as Modi government gave its nod for in-flight mobile connectivity. Citing sources, a report in the Indian Express stated that passengers would surf the internet in Indian airspace in the next three to four months as the Telecom Commission on Tuesday approved the DoT’s proposal for both internet and mobile communication on aircraft. According to the Trai’s recommendations, flyers could use their phones once they would reach at 3,000 ft. This restriction is being imposed to maintain compatibility with terrestrial networks. A flight generallyRead More