LPG Cylinder Prices Raised For The Fourth Consecutive Month

December 2, 2019

In its monthly revision, prices of non-subsidized 14.2 kg LPG (liquid petroleum gas) cylinders were raised by an average of Rs 15 on Sunday by the state-owned Indian Oil Corporation Limited (IOC) across major Indian cities. This is the fourth consecutive month of increase in rates despite a slump in international crude prices. The new rates will be effective from 1 December. Cities Prices with effect from 1 December 2019…

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RuPay may soon roll out recurring payments sans two-factor authentication

December 2, 2019

Rupay is expected to roll out recurring payments without the two-factor authentication for transactions of less than Rs 2,000 early next year, National Payments Corporation of India (NPCI) chief operating officer Praveena Rai said on Friday. The move comes in response to a Reserve Bank of India (RBI) notification in August. Rai said the technology work is going on and the entire ecosystem is gearing up for the shift. She…

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