-PTI Giving further impetus to digital payments, the Government will reimburse charges for transaction up to Rs2,000 on debit cards and BHIM New Delhi: Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs2,000 from Monday onwards. Last month, union cabinet approved a proposal that Government will bear the merchant discount rate (MDR) charges on transactions up to Rs2,000...

-PTI Arun Jaitley had last year said that the Centre will not be part of a state's fiscal leverage in waiving farm loans and the cost has to be borne by the states Mumbai: The Maharashtra Government today made allocations worth Rs 14,240 crore for the farm loan waiver scheme and for repayment to farmers whose produce was purchased by the state. The state's cooperation and marketing department today issued a Government Resolution...

-The Hindu Business Line Bonds to make up for shortfall being considered New Delhi: To ensure that a depositor does not lose his/her money during a resolution or insolvency process of any failing bank, the Government was considering a refund mechanism. The newly proposed resolution and insolvency framework for financial entities envisages the framing of a new scheme for refund of depositors’ monies in troubled banks, while providing higher protection to them, sources...

-The Hindu High Court asks Delhi Government New Delhi: The Delhi High Court has asked the city Government and civic bodies to see if it is feasible to create a financial assistance scheme for marginalised sections of society, such as transgenders or orphans, in lines with the existing old age pension scheme. Delhi already has an old age financial assistance scheme and a disability pension scheme named ‘Financial Assistance to Persons with Special...

-The Hindu Business Line Patna is attracting the young from the hinterland to its skilling centres, teaching them English and computer skills At first glance they look like cyber cafés with their bustling young boys and girls. But take a closer look and you will find students busy at their computers picking up English language and software skills. These small centres have popped up across the State Capital in shopping areas and residential...