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Aadhaar to get more secure from next month

Sunday, August 19, 2018, 12:28 PM

Aadhaar-issuing body UIDAI has finally announced a phased rollout of face recognition feature as an additional mode of authentication, starting with telecom service providers from September-15. The Authority had earlier planned to roll out face recognition feature from July-1, a target that was later pushed to August-1. It has also proposed a monetary disincentive for telcos found slipping on the prescribed targets from mid-next-month.
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No ATM to be replenished with cash after 9 pm from next year

Sunday, August 19, 2018, 12:17 PM

No ATM will be replenished with cash after 9 pm in cities and 6 pm in rural areas from next year even as two armed guards will accompany crisp notes in transit as per a new directive issued by the Home Ministry. In a notification, the Home Ministry said the new Standard Operating Procedures (SoPs) would come into effect from February 8, 2019.
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Rupee likely to stabilize at 68-69 a dollar, says Garg

Sunday, August 19, 2018, 12:06 PM

Economic Affairs Secretary SC Garg has said the rupee is expected to stabilize at 68-69 per US dollar depending on positive capital inflows. He added that the ongoing currency turmoil in Turkey has not affected the perception of India. The rupee, Asia's worst performing currency this year, touched an all-time low of 70.40 against the dollar on Thursday.

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