RBI for online dispute resolution system in digital payments

Mumbai (IANS) In a major development for digital payment services, the Reserve Bank of India has decided that payment system operators (PSOs) will have to implement Online Dispute Resolution (ODR) systems in a phased manner.

The RBI has said…

Covid Relief: RBI extends scheme for MSME debt restructuring

Mumbai (IANS) The Reserve Bank of India on Thursday extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their debt, provided their accounts with lenders were classified as 'standard' as on March 1, 2020.

ED raids 17 places in Rs 177 cr J&K Bank loan fraud case

New Delhi (IANS) The Enforcement Directorate (ED) is conducting searches at 17 locations in Punjab, Delhi and Jammu & Kashmir including the premises of former J&K Finance Minister and senior NC leader Abdul Rahim Rather's son Hilal Ahmed Rather…

Standoff with China is likely to be prolonged, says MoD

New Delhi (IANS) The present stand-off with China is likely to be prolonged, said Defence Ministry in a status report on border tension in Eastern Ladakh. The ministry has put out an update on Chinese aggression on Line of Actual Control on its website.

Fire claims 8 Covid patients in Ahmedabad hospital

Gandhinagar (IANS) A major fire in the ICU ward of a private dedicated Covid hospital in Ahmedabad claimed the lives of eight patients, including 5 men and 3 women in the wee hours on Thursday. One seriously burnt patient is being treated while 40…

Backed by US, India warns China against Kashmir interference

Washington/New Delhi (IANS) The government on Thursday warned China against attempts to interfere in India's internal affairs after Beijing unsuccessfully initiated a discussion in the UN Security Council on Jammu and Kashmir.

In a statement…

Corona count in Jharkhand goes beyond 15,000; all previous records shattered as staggering 978 patients detected in single day, 7 deaths also reported

Ranchi: Coronavirus cases as far as detection in a single day was concerned broke all the previous records as a staggering 978 people were detected positive for Coronavirus during the day while on the other hand the death tally too moved upwards to…

DC reviews execution of schemes with engineers of various departments

Ranchi: DC Chhavi Ranjan on Wednesday chaired a review meeting with the engineers of the various departments over the execution of developmental schemes in the district.

The DC interacted with the executive engineers of road construction, building…

Corona blast in Godda district: 248 inmates of divisional jail among 334 cases found in a single day

Godda: Corona blast has taken place in this district as on a single day 334 cases of Coronavirus have been detected among whom 248 were inmates of the divisional jail.

On Tuesday late-night report from PMCH Dhanbad had confirmed 43 cases of…

100 killed, nearly 4K injured in Beirut blasts

Beirut (IANS) As many as 100 people were killed and nearly 4,000 injured in two huge explosions that rocked downtown Beirut, the Lebanese Red Cross said on Wednesday.

The blasts took place on Tuesday evening (around 6.10 p.m. local time), shaking…