Flipkart to sell products made by women self-help groups; govt to rope in Amazon too in January

December 31, 2019

New Delhi: Products made by women self-help groups formed under the DAY-NULM will now be available on e-commerce platforms as the government on 30 December signed an MoU with Flipkart in this regard. Union Housing and Urban Affairs Secretary Durga Shanker Mishra said the government would also rope in Amazon to provide a platform for the online sale of SHGs’ products, a PTI report said. E-commerce marketplace Flipkart on Monday…

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Businesses to be fined for not accepting select electronic payment modes

December 31, 2019

New Delhi: Businesses with more than ₹50 crore sales will have to compulsorily offer electronic payment modes such as debit cards powered by RuPay from 1 January 2020 and a penalty for defaults will kick in from 1 February, finance ministry has said. The ministry said in a notification signed on Monday that the specified payment modes to be compulsorily adopted are in addition to the electronic payment modes already…

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Took SBI home loan? Your EMI set to fall from January 1, 2020

December 30, 2019

SBI Home Loan: Home loans have become cheaper as the State Bank of India (SBI), the country’s largest lender, has announced a reduction in its External Benchmark Based Rate (EBR) by 25 bps to 7.80 per cent per annum from 8.05 per cent per annum. The new interest rate will be effective from January 1, 2020. The interest rate of borrowers who have loans linked to the External Benchmark Based…

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IRCTC SBI Card: Get up to 10% cashback on railway bookings, complimentary insurance cover. Details inside

December 30, 2019

New Delhi: State Bank of India (SBI), the country’s largest lender, together with IRCTC (Indian Railway Catering and Tourism Corporation) is offering its customers the all-new IRCTC SBI card Premier. The customers will receive 1,500 bonus reward points or Rs 1,500 on payment of first annual fee, movie voucher worth Rs 500 from Book My Show on spends of Rs 2,000 within the first 60 days. The bonus reward points…

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Income Tax Return penalty: How much you will have to pay for missing December 31 deadline

December 30, 2019

Income Tax Return penalty: While you can file the income tax returns on or before March 31, 2020 – a late fee will be levied on those who decide to complete the process after December 31, 2019 – the deadline set by the income tax return department for filing belated income tax return (ITR 2018-19). The deadline to file ITR for financial year 2018-19 was set as August 31 and…

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State Bank Of India Launches One Time Password (OTP)-Based ATM Transactions

December 30, 2019

State Bank of India (SBI), the country’s largest lender, has announced the launch of OTP-based ATM withdrawal to minimize the number of unauthorized transactions taking place at ATMs. The OTP-based cash withdrawal system will be available across ATMs of State Bank with effect from January 1, 2020, between 8 pm and 8 am. This OTP-based cash withdrawal system will be applicable for transactions above Rs 10,000, SBI said in a…

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Aadhaar enrollment touches the 125 crore mark

December 28, 2019

NEW DELHI: Enrollment in the Aadhaar project has crossed the 125 crore mark, close to ten years after its launch. The unique identification authority of India (UIDAI) which administers the Aadhaar project has said in a statement “The achievement comes along with the rapidly increasing use of Aadhaar as the primary identity document by the Aadhaar holders.” Aadhaar-based authentication services have been used close to 37,000 crore times since inception…

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Google Chrome hit with bugs, users losing secondary profiles

December 28, 2019

New Delhi: Cyber security researchers have discovered new vulnerabilities in Google Chrome that may allow attackers to remotely run malicious code inside the popular web browser. The SQLite vulnerabilities – five in total and called “Magellan 2.0” have been disclosed by the Tencent Blade security team. “SQLite and Google have already confirmed and fixed it and we are helping other vendors through it too. We haven’t found any proof of…

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Free WiFi For 48,000 Villages Announced By Govt; All Common Service Centres Will Provide Banking Services

December 27, 2019

In yet another major step towards Digital India, Govt. of India has announced that 48,000 villages will be provided free WiFi till March, 2020. Which are these villages where free WiFi will be provided? In a related announcement, Govt has informed that every CSC in the country will now offer banking services as well. 48,000 Villages To Get Free WiFI All 48,000 villages which have been connected with the national…

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OnePlus may unveil a foldable phone in January

December 26, 2019

Last week, OnePlus announced that it is going to unveil its first concept phone — right now now called OnePlus Concept One — at the upcoming annual trade show Consumer Electronics Show (CES) 2020. Ever since that was confirmed, there has been speculation on what the company could showcase in the form of its concept phone. A report by Korean Herald has claimed that the company could show its foldable-display…

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Everything you need to know about applying for birth certificate

December 26, 2019

The birth certificate is an important official document that is mandatory for availing various services/benefits offered by the government. It documents the name, gender, parents’ names, date and place of birth of a person. It’s a crucial document that serves various purposes, but its primary purpose is to prove one’s age. From the required documents to the application process, here’s everything to know. Birth certificate issuing authorities in India, and…

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