New Delhi: Telecom sector regulator TRAI has started the consultation process to develop a framework for providing telecom services through authorization under the new Telecom Act.The Telecommunications Act, 2023 provides that any person intending to provide telecommunication services must...
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New Delhi, Hitachi Payment Services on Thursday said it has received final authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator.This will help the company expand its digital solutions and services to include value-added services as well as payment...
DGFT administers the Advance Authorization Scheme of the Foreign Trade Policy, which facilitates duty-free import of inputs for export production, including replenishment or duty exemption of inputs. Eligibility of inputs is determined by sector-specific criteria committees based on input-output...
New Delhi: OrionPro Payment Solutions on Thursday said it has received Reserve Bank of India approval to operate as an online payment aggregator through its payment gateway brand Oropay.The authorization from the apex bank enables the company to operate as an online payment aggregator to...
Kochi, Cochin International Airport has launched a pet export service, much to the delight of pet owners traveling abroad who cannot afford to leave their beloved animals behind.On Thursday morning, a Lhasa Apso breed puppy named 'Luca' became the first pet to fly from Kochi to Dubai via Doha...
New Delhi, Regulator Irdai on Wednesday issued a master circular on health insurance specifying that insurers have to take a decision on cashless authorization within an hour of the request.The master circular on health insurance products supersedes 55 circulars issued earlier and is an...
New Delhi: The government has recovered around Rs 852 crore from advance and EPCG authorization holders under the amnesty scheme for exporters for one-time settlement of defaults in export obligation, an official said.The official said the figures are likely to increase further as the exercise...
London/New Delhi, UK-based pharmaceutical major AstraZeneca has started a global recall of its COVID-19 vaccine, which it provided in India as 'Covishield' in partnership with the Serum Institute of India. A few days after admitting the rare side effect of blood clotting was a low platelet...
New Delhi, Space regulator IN-SPACe on Friday unveiled norms, guidelines and procedures for effective implementation of the Indian space policy, freeing up the sector to private players for activities ranging from manufacturing and launching of satellites to setting up ground stations. Was...
The company received in-principle authorization from RBI to act as a PA in 2022.Ramesh Narasimhan said, “We have been in the Indian market for over two decades and have built a leadership position. We are looking forward to helping merchants across diverse sectors such as e-commerce, BFSI...
New Delhi [India], The Reserve Bank of India (RBI) has sought public comments or draft guidelines on regulation of payment aggregators and amendments to certain existing instructions related to physical point of sale. The central bank had announced regulation of offline payment aggregators in...