The main revenue for retail payments currently lies in commissions on DBT payments, which have been mired in confusion and unpredictability

S V Divvaakar: Pay for financial inclusion

Business Standard

The move will hurt the very domestic trading community it seeks to protect. 


S V Divvaakar: Restricting franchising is self-defeating

Banks urgently need to assume complete ownership of their business correspondent networks as well as the associated risks

S V Divvaakar: Financial inclusion stumbles on 'last-mile' gap

IndiGo is sending two planes to Istanbul to bring back passengers stranded in the Turkish capital after their flight to Delhi was cancelled on Friday due to a technical issue.
On Thursday, hundreds of IndiGo passengers were stuck at Istanbul airport after their flights to Delhi and Mumbai were delayed. They were stranded for over 24 hours, and many took to social media to complain about the delays and lack of facilities.
There was a cascading effect on the airline's scheduled flights on the two routes.
IndiGo, on Friday evening, said all necessary steps were taken to ensure customers were apprised and provided with refreshments and accommodation, where possible.
On Saturday, IndiGo said its flight 6E 12, operating from Istanbul to Delhi, was cancelled due to a technical issue.
The cancellation happened on Friday.
The airline operates two daily flights to Istanbul with leased Boeing 777 aircraft -- one from Delhi and another from Mumbai.
"Alternative aircraft have been arranged t

indigo airlines, indigo

New Delhi [India], December 14: In a world where innovation and ambition drive progress, startups have become the epicenter of transformative ideas and groundbreaking solutions. These ventures are more than just businesses--they are catalysts of change, redefining industries and challenging the status quo. At the heart of this revolution lies real talent: visionary entrepreneurs, skilled professionals, and daring disruptors who dare to dream big and execute even bigger. In 2025, a new generation of rising stars in the startup world is making waves, harnessing creativity and resilience to build ventures that are not only thriving but also reshaping the global landscape. Join us as we uncover their inspiring journeys and explore what sets them apart as the frontrunners poised to shine in the year ahead!

Meet The Rising Stars in The Startup World Making Waves in 2025

New Delhi [India], December 14: Supported by the Ministry of Tourism, Government of India, BOTT is delighted to announce the BOTT Knowledge Conclave: Tourism@2025, a premier thought-leadership event, scheduled on December 18, 2024 at Bharat Mandapam, New Delhi. The conclave is aimed at unlocking the immense potential of the global travel industry with a focus on India Tourism. It will bring together leading voices in tourism to discuss opportunities, challenges, and innovations shaping the future of both inbound and outbound travel.

BOTT Knowledge Conclave: Tourism@2025 - Charting the Future of Tourism

Mumbai (Maharashtra) [India], December 14: Bisleri International, India's leading packaged drinking water player today unveiled its latest Bisleri #DRINKITUP sports campaign featuring Bollywood star Shahid Kapoor alongside prominent football franchises. The campaign emphasizes the importance of hydration in sports while encouraging audience to embrace the excitement of football.

Bisleri Unviels New #DRINKITUP Sports Campaign Featuring Shahid Kapoor and Football Stars

Border Roads Organisation (BRO) has stepped up India-Myanmar border fencing work near Moreh town in Manipur's Tengnoupal district, an official said on Saturday.
India shares a 1,643 km border with Myanmar of which 398 km is in Manipur.
"BRO has commenced work of erecting the border fencing along the India-Myanmar border in general area of Moreh in Tengnoupal district," PRO Defence Kohima told PTI over the phone.
"Work has just commenced... Things are being done in a phase-wise. Only when the project reach a substantial length, we will be able to give more details on the project" the PRO said.
The work is undertaken by Project Sewak which is looking after road construction in Nagaland and Manipur. Its headquarters is based in Dimapur, the officer said.
Only 10 km of the international border with Myanmar is fenced near Moreh in Manipur.
The entire 1,643 km porous India-Myanmar border, known for the smuggling of arms, ammunition and narcotics, will be fenced at a cost of Rs 31,000 c

border, barbed wire, cross-border

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance

World's Richest Families 2024: The Walmart Waltons top the list with $406.5 billion; India's Ambanis and Mistrys of Shapoorji Pallonji rank 8th and 23rd. Here is the top five list

Sam Walton

The 26-year-old Indian American had accused OpenAI of using copyrighted content to train its AI models. Details

Suchir Balaji

After spending the night in a local prison after being arrested in connection with the death of a woman in a stampede during the
premiere of his latest film, , actor Allu Arjun walked out of jail on Saturday following an interim bail granted by the Telangana High Court.
Arjun had to spend Friday night in prison despite the HC relief, as the authorities had not received a copy of the bail order until late last night.
"He has been released," Ashok Reddy, his counsel, told reporters at the Chanchalguda prison.
Reddy claimed the prison authorities did not release the actor despite having got the High Court order copy.
"You should question the government and the department why they have not released the accused. The High Court order is very specific. Forthwith, the moment you (prison authorities) receive the order, ( they should) release him. Despite the clear order, they have not released, they have to answer. This is an illegal detention. We will take legal steps, Reddy said.
Accord

Allu Arjun

Paracetamol, a common over-the-counter medication, may increase the risk of gastrointestinal, heart- and kidney-related complications among adults aged 65 and above, a new study has found.
Taken commonly for treating mild-to-moderate fever, paracetamol is also the first drug recommended for treating osteoarthritis -- a chronic condition causing pain, stiffness and swelling in the joints due to wear-and-tear -- as it is considered effective, relatively safe and accessible.
However, some studies have provided evidence to contest the effectiveness of paracetamol in relieving pain while others have shown increased risks of gastrointestinal side effects, such as ulcers and bleeding, from prolonged use.
The latest study, conducted by researchers from the University of Nottingham, UK, found that paracetamol use was linked to a 24 per cent and 36 per cent increase in risk of peptic ulcer bleeding (bleeding due to ulcer in the digestive tract) and lower gastrointestinal bleeding, ...

paracetamol, pharma, drugs, medicine, health

Domestic and foreign firms have announced a whopping Rs 3.4 lakh crore investment in India's electrical vehicles (EVs) and ancillary industries over the next six years, Colliers India on Wednesday said while expressing concern over "tardy progress" towards achieving the goal of 30 per cent electric mobility by 2030
Real estate consultant Colliers India on Wednesday released a report 'EVs in India: Renewed Vigour in Electric Mobility', highlighting that an overall EV penetration rate in India stood at 8 per cent. It estimated sales of around 2 million (20 lakh) EVs in 2024.
"Although the pace of EV adoption in the country has been commendable, it has not been as brisk as anticipated," the consultant pointed out.
The report mentioned that individual companies across the EV landscape have announced plans to invest USD 40 billion (Rs 3,40,000 crore) in a phased manner till 2030. Out of this, USD 27 billion is planned for lithium-ion battery manufacturing and USD 9 billion for OE (Origin

EV, EV batteries, electric vehicles, EV market in India

The United States has said that it wants India and Bangladesh to resolve their differences peacefully.
State Department spokesperson Matthew Miler said this at his daily news conference on Tuesday.
"We want to see all parties resolve their disagreements peacefully," Miler said, responding to a question on the recent visit of India's foreign secretary to Bangladesh.
During his visit early this week, Foreign Secretary Vikram Misri conveyed New Delhi's "concerns" over the safety and security of minorities in Bangladesh.
"I have underlined India's desire to work closely with the interim government of Bangladesh. At the same time, we also had the opportunity to discuss certain recent developments and issues, and I conveyed our concerns, including those related to the safety and welfare of minorities," Misri told reporters in Dhaka at the end of his visit.

US State Department Spokesperson Matthew Miller

The Lok Sabha on Wednesday passed a bill to amend Railway laws with the government insisting that it will not lead to the national carrier's privatisation.
Responding to a debate on the Railway Amendment bill, Railway Minister Ashiwni Vaishnaw said in the Lower House that a fake narrative was set afloat that the amendment would privatise railways.
"Their (opposition) fake narrative on Constitution has failed... now this will also fall flat," he asserted.
The Bill was passed by a voice vote after debate which could not be held earlier due to frequent disruptions of House proceedings during the last week.
"A few members have said the Bill will lead to privatisation of railways, an attempt has been made to set a fake narrative. I want to appeal to them with all sincerity not to do this, their one fake narrative about the Constitution has already failed," Vaishnaw said.
The Railways (Amendment) Bill 2024 which seeks to enhance the functioning and independence of the Railway Board was

Ashwini Vaishnaw, Ashwini, Vaishnaw

'We cannot be stuck. We have to be agile while maintaining policy continuity,' Sanjay Malhotra said in his first address as RBI governor

Sanjay Malhotra

The Delhi High Court on Wednesday posted on January 17, 2025, the enforcement directorate's plea against the bail granted to former chief minister Arvind Kejriwal in the 2021-22 excise policy-linked money laundering case.
The ED counsel urged Justice Manoj Kumar Ohri to defer the hearing in the matter on account of the unavailability of additional solicitor general S V Raju.
The request was opposed by senior advocate Vikram Chaudhary, representing the AAP leader, citing "pressing urgency" in the matter.
Chaudhary said the agency should withdraw its plea and the court should vacate its stay on the operation of the trial court's order granting bail.
"You can't have a sword hanging on my head," he said.
The ED counsel, however, said Kejriwal was already on bail pursuant to an order passed by the Supreme Court.
On July 12, the top court granted interim bail to Kejriwal in the money laundering case while referring to a larger bench three questions on the aspect of "need and necessity 

Arvind Kejriwal, Arvind, Kejriwal

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Nirmala Sitharaman, Nirmala

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes-Benz leading the way

As Mercedes completes  three decades in India, its  three-pointed star sits atop the luxury table. What drives it?

Available by invitation only, Swiggy One BLCK is offered at a launch price of Rs 299 for a three-month plan

Food and grocery delivery firm Swiggy has marginally narrowed its consolidated net loss in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago. But sequentially, the loss was up as the firm had reported a

S V Divvaakar

S V Divvaakar

S V Divvaakar

S V Divvaakar: Pay for financial inclusion

S V Divvaakar: Restricting franchising is self-defeating

S V Divvaakar: Financial inclusion stumbles on 'last-mile' gap

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IndiGo to send two planes to bring back stranded passengers from Istanbul

Meet The Rising Stars in The Startup World Making Waves in 2025

BOTT Knowledge Conclave: Tourism@2025 - Charting the Future of Tourism

Bisleri Unviels New #DRINKITUP Sports Campaign Featuring Shahid Kapoor and Football Stars

BRO steps up India-Myanmar border fencing work near Manipur's Moreh

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Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

World's Richest Families 2024: Waltons top with $432.4 bn, Ambanis at no. 8

OpenAI whistleblower Suchir Balaji found dead; police rule out foul play

'Am a law-abiding citizen, will cooperate': Allu Arjun walks out from jail

New study links paracetamol to several side effects among senior citizens