KOLKATA: Mobile phone users, especially those who travel within India, would be greeted with a lower bill for April as India’s major telcos — Bharti Airtel, Vodafone India, Idea Cellular and Aircel —-have taken giant steps towards abolishing roaming in their attempt to match Reliance Jio Infocomm’s offers.

Starting April 1, Bharti Airtel, Vodafone India, Idea Cellular and Aircel have already abolished incoming charges while roaming. Newcomer Reliance Jio has made voice calls free for life has made voice calls free for life, which includes no charges on incoming or outgoing calls while roaming on any network.

Eight coaches of Meerut-Lucknow Rajya Rani Express derailed near Rampur in Uttar Pradesh on Saturday leaving at least two passengers injured, railway officials said.

The accident happened between Mundapandey and Rampur railway stations, Northern railway spokesperson Neeraj Sharma said.

The Insurance Regulatory and Development Authority of India (Irdai) has launched a web portal for insurers that will allow them to register and sell policies online.

The portal —isnp.irda.gov.in — is also open to intermediaries in insurance business, Irdai said in a circular.

Bengaluru: Amazon India has received the Reserve Bank of India’s (RBI) approval to launch its own digital wallet in India, paving the way for the American online retail giant to gain a slice of India’s fast-growing digital payments business.

Amazon India, which had applied for what is called a Prepaid Payment Instrument (PPI) licence nearly a year ago, will now look to take on established rivals such as Paytm and Freecharge as it prepares to launch a prepaid wallet service that will be broader in scope than its Pay Balance service and will not be restricted to Amazon-based transactions.

New Delhi: President Pranab Mukherjee has given assent to four key legislations on goods and services tax (GST), paving the way for the roll out of one-nation-one-tax regime from 1 July.

The legislations were: The Central GST Act, 2017, The Integrated GST Act, 2017, The GST (Compensation to States) Act, 2017, and The Union Territory GST Act, 2017, officials said on Thursday.

New Delhi: Retirement fund body Employees’ Provident Fund Organisation’s (EPFO) subscribers will get loyalty-cum-life benefit of up to Rs50,000 at the time of retirement for contributing to the scheme for 20 years or more. The benefit will also be provided in case of permanent disability even if the members have contributed for less than 20 years, the EPFO board has decided.

EPFO’s apex decision making body, the Central Board of Trustees (CBT), has recommended a minimum sum assured of Rs2.5 lakh in the event of death of a subscriber.

India aims to auction coal blocks for commercial mining by December-end, coal secretary Susheel Kumar told television channel ET NOW on Thursday, a move that would end monopoly of State-run firms in coal mining.

This could help the country to meet its target and produce 1 billion tonnes by 2020.

The head of State Bank of India , the country’s largest lender, said she expects a boost to annual profit of as much as 30 billion rupees ($465 million) in three years on cost and efficiency gains from the absorption of associate banks. Chair Arundhati Bhattacharya also said in an interview that signs of more factory activity pointed to a turnaround in India’s weak credit cycle this financial year – welcome news for a government keen to revive private investment.

Food Safety and Standard Authority of India (FSSAI) has roped in the US-based Decernis Ltd to get access to database of over 70,000 standards for food additives (colorants, flavours & sweeteners), food standards (for example, beverages, cacao, dairy & health claims), food contact and contaminants (such as mycotoxins, heavy metals, pesticides, veterinary drugs & chemicals) from over 170 countries.

As per the agreement, Decernis will facilitate access to various international regulations through a user-friendly online platform. This global database can be searched by any substance or topic (for example, ‘Sweeteners and Syrups’) and text search.

TAL Manufacturing Solutions, a subsidiary of Tata Motors Ltd, has formed a technology partnership with Italy-based RTA Motion Control Systems for motors and drives used in its indigenously developed robot, TAL Brabo. TAL also intends to expand collaboration with Italian firm to explore applications of the Brabo robot in new user industries.

“I am proud to announce a new partnership with RTA Motion Control Systems, a leading Italian based group, for critical components in the TAL Brabo robot.

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