The Reserve Bank of India has informed fintech startups that it is banning the practice of loading non-bank prepaid payment instruments, like prepaid cards; the move may threaten the existence of many of the fintech startups

More lines about India, Asia

• Asia

  India

  Millions of weddings will be celebrated today 12 November, day of the beginning of the auspicious season, and this year coinciding with the awakening of God Vishnu after four months of sleep; in Delhi alone, there will be over 50.000 weddings

• Asia

  India

  "The 'caste' column and any references to caste in undertrial and/or convicts’ prisoners’ registers inside the prisons shall be deleted.” - with these 21 words, India’s Supreme Court ended a centuries-old system of caste-based work in prisons

• Asia

  India

  An initial agreement to ease tensions along the 'Line of Actual Control', introduced after China invaded formally Indian territories it considered its own in 1962, was reached between India and China according to Indian Undersecretary for Foreign Affairs

• Asia

  India

  The city of Kolkata looks set to decommission its iconic trams, in operation since 1873 and India's oldest tram, after a lack of investment, inadequate maintenance and a sharp decline in passenger numbers led to a decline in their status in recent decades

Visit all India lines archive