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”.
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United Nations Day, October 24, 2022
The United Nations was established in 1945 with 51 member-states. Today the number of UN member-states has risen to 193 countries. As is often said “Peace and Development” are two sides of the coin. “Without […]
World
China backs expansion of BRICS grouping with ‘likeminded partners’
BEIJING (TIP): China on June 1 said Beijing views the BRICS as an “open and inclusive” platform and it backs moves to expand the five-member grouping with “like-minded partners.” Asked at a media briefing here […]
Sports News
2022: A year of many firsts for Indian sports
Neeraj Chopra claimed a historic win at the Diamond League Finals in Zurich, while the men’s badminton team created India’s badminton history by winning the Thomas Cup and Nikhat Zareen sizzled in the ring as […]
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