Top Headlines: RBI makes card and online payments safer; customer liability cut

Times of India

Daily Newsletter | Friday, July 07, 2017
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RBI makes card and online payments safer; customer liability cut
Electronic payments have become safer for consumers with the Reserve Bank of India (RBI) introducing the concept of ‘zero liability’ and ‘limited liability’ for bank customers for any card or online fraud. It has also made it mandatory for banks to register all customers for text message alerts.
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Doklam row: Indian troops unlikely to withdraw
Despite rising stridency in Chinese demands that India pull back from the confrontation near the Sikkim-Tibet-Bhutan tri-junction, Indian troops are digging in to protect the strategic topography that is just 30 km from a hydel project and overlooks the Bengal-Assam road link.
Beijing says Delhi’s stand ‘groundless’
The Chinese embassy in New Delhi has launched a media blitz to drive home its point that India’s position on the issue is “groundless”. The embassy on Wednesday night came up with a video in which it sought to explain that it was India that was trying to change the status quo in the region as Doklam belonged to China.

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Auto driver duped of Rs 49,000 at ATM kiosk in Mumbai
A 65-year-old autorickshaw driver has fallen victim to a fraudster who siphoned off his money after lending help to deposit Rs 49,000 in an money deposit machine at an ATM kiosk on Wednesday.
Name boards without Kannada content defaced at Bengaluru mall
Activists of a pro-Kannada outfit defaced the name board of a few shops for not bearing Kannada content. The incident comes just a few days after signages in Hindi were masked in at least two metro stations in the Bengaluru following protests by pro-Kannada activists and social media users against “imposition” of the language.
Madras HC seeks records relating to appointment of T K Rajendran as TN DGP
The Madurai bench of the Madras high court on Thursday directed the Tamil Nadu government to produce records in a sealed cover relating to the appointment of T K Rajendran as director general of police (DGP).

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Nokia 5 smartphone’s pre-booking in India to start tomorrow
Priced at Rs 12,899, the Nokia 5 smartphone will be exclusively available on offline stores in the country.
HTC U11 to spawn a squeezable U11 Mini
Taiwan-based HTC recently launched its U11 flagship smartphone around the world. Now, rumours about an alleged mini version of the smartphone have started popping up online.
Honor 8 Pro smartphone gets launched in India at Rs 29,999
Huawei’s sub brand Honor has launched its new smartphone – Honor 8 Pro – in India.

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Virat Kohli leads India to 3-1 series win over West Indies
Skipper Virat Kohli led from the front with a fluent century as India today wrapped up the five-match series 3-1 with a convincing eight wicket win over West Indies.
Asian Athletics: India win two gold medals on Day 1
Shot putter Manpreet Kaur and long distance runner G Lakshmanan grabbed gold medals on a remarkable opening day for India at the 22nd Asian Athletics Championships as the hosts won seven medals to sit atop the medal tally.
Title favourite Pliskova crashes out of Wimbledon
Wimbledon title favourite Karolina Pliskova crashed to a shock second round defeat against world number 108 Magdalena Rybarikova on Thursday.

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Net income tax collection rises 14.8 per cent in first quarter
During April-June, the revenue department also issued refunds to the tune of Rs 55,520 crore. This was, however, 5.2 per cent lower than the refunds issued during the corresponding period last fiscal.
India to be base to economic pole of global growth: Study
“The economic pole of global growth has moved over the past few years from China to neighbouring India, where it is likely to stay over the coming decade,” new growth projections presented by researchers at Center for International Development at Harvard University said.
How to plan your mutual fund investments. Read here
Over the years, mutual funds have come across as a popular and fairly profitable instrument of investment. They have proved to be more hassle free and risk averse as compared to direct stock investments. Here is an insight on how you can plan your mutual fund investment:

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Pic: Ileana D’Cruz steps out in a violet dress for ‘Mubarakan’ promotions
Ileana D’Cruz is back and how. The Southern beauty will now be seen alongside Arjun Kapoor in ‘Mubarakan’.
Katrina’s b’day wishes for the Dalai Lama
The 14th Dalai Lama is celebrating his 82nd birthday today, and ‘Jagga Jasoos’ star Katrina Kaif had a very special birthday wish for the holy man
Did SRK gift Salman a luxury car?
After Shah Rukh Khan made a cameo in Salman Khan’s ‘Tubelight’, the Bollywood ‘Bhai’ is set to return the favour and also make a special appearance in his next dwarf film being directed by Anand L Rai.
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Copyright 2017 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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