RBI tightens rules for offline payments

MUMBAI: RBI on Sept 15 issued new directions for payment aggregators (PAs), mandating stricter merchant vetting and extending oversight to physical payments.RBI’s directions make PAs the first line of defense against fraud by requiring stronger KYC and risk-based due diligence, with larger merchants facing tighter checks. For the first time, offline PAs handling proximity payments…

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Tiger kills farmer near Katarniaghat forest reserve, remains untraceable | Lucknow News

Lucknow: A 26-year-old farmer was killed by a tiger near Katarniaghat Wildlife Division in Bahraich on Monday. The attack has triggered fear among villagers as human–wildlife conflicts continue to rise in the region.According to locals, the victim, Indal, a resident of Harkhapur village under Murtiha police station limits, stepped out of his home around 8…

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WPI inflation swings into positive zone

NEW DELHI: Wholesale price inflation swung to positive territory in Aug after contracting for two months in a row as food and manufactured product prices inched up. Data released by the commerce and industry ministry on Monday showed inflation, as measured by the wholesale price index (WPI), rose to a four-month high of 0.5% in…

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Kaushal fest to facilitate jobs for youth | Lucknow News

Lucknow: The third edition of Kaushal Mahotsav will be organsied at Colvin Taluqdars’ College grounds in Lucknow on Sept 16-17 to facilitate jobs for thousands of youths. The mega job fair, organised by the ministry of skill development and entrepreneurship under the BJP’s Seva Pakhwada campaign, coincides with PM Narendra Modi’s 75th birthday celebrations.BJP’s Lucknow…

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India revokes patent of Novartis’ cardiac drug

NEW DELHI: The Indian Patent Office (IPO) has revoked the patent on Novartis’ cardiac blockbuster drug Vymada on grounds of lack of novelty, potentially paving the way for affordable generics to enter the market.The popular therapy has been in the spotlight for years, with generic versions from Natco, Torrent Pharma, MSN Labs and Eris Lifesciences…

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Bahraich’s Karikot village gets tourism award for ‘inclusivity’ | Lucknow News

Bahraich: Karikot, a border village in UP’s Bahraich district has been honoured with the Indian Subcontinent Responsible Tourism Award 2025 under the category of ‘Peace, Understanding and Inclusivity.‘The award was presented at the Business Leisure Travel and MICE conclave 2025 underway in Delhi. Uttarakhand tourism minister Satyapal Maharaj presented the award to Chief Development Officer…

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