Tuesday, Sep 22 2020 | Time 13:28 Hrs(IST)
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  • Six-member gang held, large firearms cache seized in Pune
  • Modi urges IIT-G to engage in disaster mitigation studies in NE
  • Shiv Sena's Nandkumar Ghodele tests COVID-19 positive
  • Rajya Sabha passes the Essential Commodities (Amendment) Bill, 2020
  • Four rescued after six drown in Ganges in UP
  • Don't give nod for Karnataka's Mekedatu project : Stalin urges PM
  • NIA still on hunt for Al-Qaeda operatives in two border districts of West Bengal
  • Farm Bill ruckus echoes in Bengal;Guv anguished over non-payment to farmers
  • PM praises Harivansh's gesture of serving tea to suspended MPs
  • UP: 3 development blocks in danger zone due to chemical water in Jaunpur
  • Harivansh serves tea to suspended MPs sitting on 'dharna' at Gandhi statue, announces one-day fast
  • IIT-M develop AI models to process text in 11 languages
  • NIA raids four locations in Kashmir
  • Parliament nod to Information Technology Laws (Amendment) Bill, 2020
  • Guv takes on Mamata Govt over denial of farmer's benefit in Bengal
Business Economy


RBI announces ODR mechanism for digital payments

RBI announces ODR mechanism for digital payments

Mumbai, Aug 6 ( UNI) The Reserve Bank of India on Thursday announced the introduction of an online dispute resolution (ODR) mechanism for digital payments.
In a statement following the Monetary Policy Committee (MPC) meeting, RBI Governor, Shaktikantadas said, "A scheme of retail payments in offline mode using cards and mobile devices, and a system of on online dispute resolution (ODR) mechanism for digital payments will also be introduced."
On rural economy, the RBI governor said that MPC noted that the recovery of the rural economy is expected to be robust, buoyed by the progress in kharif sowing.
The manufacturing firms expect domestic demand to recover gradually from Q2 and to sustain through Q1FY22, he said.
On the other hand, Das said that consumer confidence turned more pessimistic in July relative to the preceding round of the Reserve Bank’s survey.
UNI JS NV ACL PS 1552

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Tata Power signs PPA with Apollo Gleneagles Hospital

Tata Power signs PPA with Apollo Gleneagles Hospital

22 Sep 2020 | 1:07 PM

Mumbai, Sep 22 (UNI) Tata Power has signed a Power Purchase Agreement with Apollo Gleneagles Hospital to commission the biggest carport in Indian Health Sector.

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Bharti AXA Life Insurance launches Bharti AXA Life Wealth Pro

Bharti AXA Life Insurance launches Bharti AXA Life Wealth Pro

22 Sep 2020 | 12:00 PM

Kolkata, Sep 22 (UNI) Bharti AXA Life Insurance, a joint venture between Bharti
Enterprises, one of India’s leading business groups, and AXA, one of the world’s
largest insurance companies, today announced the launch of Bharti AXA Life
Wealth Pro, a unit linked individual insurance plan, that offers triple benefits of
regular savings, enhanced protection and market-linked returns.

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Kama Ayurveda forays into Lucknow

22 Sep 2020 | 11:58 AM

Lucknow, Sep 22(UNI) Kama Ayurveda, one of the leading luxury beauty & wellness brands in the country, on Tuesday opened its first store here in Uttar Pradesh (outside of Delhi, NCR).

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Bullion Market opening Rates

Bullion Market opening Rates

22 Sep 2020 | 11:25 AM

Chennai,Sep 22 (UNI) Following is the bullion markets
opening rate here today.

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Rupee slips 9 paise against USD

Rupee slips 9 paise against USD

22 Sep 2020 | 11:25 AM

Mumbai, Sep 22 (UNI) The Rupee on Tuesday declined by nine paise at 73.50 against the US Dollar in opening trade on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

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