Iran fired missiles Wednesday at Iraqi bases used by the US military, officials in Washington and Tehran said, in the first act of the Islamic republic’s promised revenge for the US killing of a top Iranian general.
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RBI launches new prepaid payment instrument for digital transactions up to Rs 10,000
The Reserve Bank of India (RBI) on Tuesday introduced a new type of semi-closed prepaid payment instrument (PPI), which can be used only for purchase of goods and services up to a limit of Rs 10,000. Money will be loaded or reloaded in the new PPI only from a bank account for making digital payments such as bill payments, merchant payments, etc. The new PPI could be issued on the basis of essential minimum details sourced from the customer.