Safer Online Credit Card Transactions in India

RBI has issued a new directive on 18th Feb’09 mandating Banks and Credit Card Companies to put in place an additional authetication/validation for all “card not present” transactions from 1st Aug’09. Further “online alerts” must be provided to the customer for all “card not present” transactions of value of Rs.5,000/- and above. This is a ...

Transaction Fee on Credit Cards

In today’s (12/Feb/2009) BUSINESS LINE Newspaper, I read an article on Surcharges on Credit Card. I was surprised to read that Charging Extra by the merchant is a voilation of the rules and agreement for acceptance of Card. (I have been all along think this was legal). Read more here (Business Line Website) This means ...

India’s Per Capita Income

Rs 38,084/- That is the Per Capita Income of Indians in FY2008-09, i.e., on average every Indian ‘s annual income is this amount. What can you do with Rs.38,084? With the current retail prices I believe you you will find it tough to live in an Indian City. Most of the people I know will ...

I know an Author Personally, Hurray!

I know an Author Personally, Hurray!
For long being famous is an unwritten and most undermined goal/ambition for many. I think it will continue to be so as long as Human Kind is alive. I have my share of wanting to be famous/well-known or at least know the famous/well-known. The latest addition to the later part is knowing an author personally, ...

Idea Cellular Advertisement – Thought Provoking Idea

Idea Cellular has used innovative themes in it’s Advertisements – the Mobile Schooling to enable masses in the hinderland attend school was great. How implementable it is using mobile phones is a big question? But definitely with improvement in bandwidth and data transfer rates probably we can have video conferencing in remote schools. The latest ...