The RBI on Wednesday, July 14, barred Mastercard from onboarding new credit, debit and prepaid card customers with effect from July 22. The action will not impact existing customers of Mastercard, the RBI said. Taking action against Mastercard, the RBI said, “notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data”.
Indian Americans
Indian-origin man sentenced to 6-month reformative training for sexually assaulting his friend in Singapore
The accused Hari Kishen Balakrishnan sexually assaulted his victim for about 17 minutes in a bedroom of a friend’s apartment SINGAPORE (TIP): An Indian-origin man in Singapore was sentenced on Wednesday, September 1, to at […]
United States
FBI busts gang involved in armed robbery of Indian jewelry stores in US
WASHINGTON, D.C. (TIP): The FBI has busted a violent crime ring and arrested over a dozen of its members for engaging in a series of armed robberies of Indian jewelry stores and showrooms in several […]
Coronavirus
Global Covid-19 Caseload Tops 172mn
Washington (TIP): The overall global Covid-19 caseload has topped 172 million, while the deaths have surged to more than 3.69 million, according to the Johns Hopkins University. In its latest update on Friday, June 4, […]
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