Top Headlines: Year after note ban: Cash still king, digital payments inch up slowly

Times of India

Daily Newsletter | Wednesday, November 08, 2017
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Year after note ban: Cash still king, digital payments inch up slowly
If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen.
Illegal assets vault to private lockers
When income tax authorities began investigations against a businessman associated with a leading car manufacturer, the trail led them to a vault, run by a private agency. On opening it, officers discovered several kilos of stashed bullion, along with diamond and cash. Curiously enough, the vault was allotted to the businessman’s employee, which would not have raised suspicion.
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IndiGo staff manhandle flyer, airline apologises
IndiGo ground staff manhandled and dragged a passenger at the Delhi Airport on October 15 after an argument. From the video, it appears that one of the ground staff had him pinned to the ground by his throat, who in desperation fights back to free himself. The airline has now apologised to him.


UP cop dies in accidental firing
In a tragic incident, a village chowkidar who was roped in by police department in Hardoi district, died after a bullet pierced through his abdomen.
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Potholes on key roads to be fixed by Dec 15: Maharashtra minister
Public Works Department (PWD) minister Chandrakant Patil has claimed that potholes on all state highways and arterial roads in the state will be filled by December 15.


Huawei Fit, Band 2 and Band 2 Pro fitness trackers launched in India, price starts at Rs 4,999
Chinese smartphone maker Huawei has expanded its wearable series with the launch of Huawei Band 2, Band 2 Pro and Huawei Fit. All the three devices are available across various retail and online stores in the country.
Moto X4 to be exclusively available on Flipkart
Lenovo-owned Motorola recently started sending out media invites for the launch event of Moto X4 smartphone.
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IIT Kharagpur led NDL India and UNESCO join hands on Knowledge Engineering through Globalization of Digital Library Design
In the recently concluded international workshop jointly held by UNESCO and the National Digital Library of India (NDLI) under the leadership of IIT Kharagpur, NDLI announced to go global through international collaborations with the world’s top digi…


India beat New Zealand by 6 runs in a thriller, clinch T20 series 2-1
Indian bowlers defended a modest-looking 67 with admirable discipline as the hosts pipped New Zealand by six runs in the rain-hit third Twenty20 to claim the series 2-1, on Tuesday.
Winning Asia Cup great, but we need to succeed in 2018: Rani
Back in the country after helping the Indian women’s hockey team lift the Asia Cup title for the first time in 13 years, captain Rani Rampal and experienced goalkeeper Savita Punia are naturally beaming when speaking of the team’s success over the past ten days.
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Headmaster tag came back to me later in my career: Anil Kumble
Former India coach Anil Kumble, known to give it all on the field, attributed his approach to a disciplined upbringing that eventually got him the unpopular tag of a “headmaster” later in his illustrious career.


Arun Jaitley hints at pruning more items in 28% GST slab
Under the Goods and Services Tax (GST) regime implemented from July, over 1,200 products and services have been fitted into one of the 5, 12, 18 and 28 per cent tax slabs based on the principle of keeping the total tax incidence at almost the same level as previously as well as keeping revenue collections neutral.
BG Srinivas, Ashok Vemuri front runners for Infosys CEO post
Infosys is also exploring possibilities to create a deputy CEO role. It has interviewed a slew of candidates, including some executives from Oracle and Google.
Bankruptcy board strengthens legal framework
It will ensure that as part of due diligence, prior to approval of a resolution plan, the antecedents, credit worthiness and credibility of a resolution applicant, including promoters, are taken into account by the committee of creditors (CoC), the government stated in a notification.
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Milind Soman posts new selfie with girlfriend
While the trolls were having a field day, Milind seems to be least bothered as he shared yet another selfie with his air hostess girlfriend, Ankita Konwar.
Spotted: Kareena slays in a denim jacket
Kareena Kapoor Khan was spotted at the airport going denim all the way as she headed out to Phuket for the next schedule of the film.
Pics: Aishwarya glams it up for ‘Fanney Khan’
Bollywood beauty Aishwarya Rai Bachchan recently kicked off her scheduled shoot of the upcoming musical comedy ‘Fanney Khan’.
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Copyright 2017 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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