Tag Archives: Large

No charges on digital payments made to large business establishments from 1 Nov

New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More

Do pets really benefit children’s health? Large study investigates

  Intuitively, we tend to think that pets benefit our children’s health and emotional well-being. But scientifically, a new study suggests, this may not be the case. A wide range of small studies have lately been suggesting that children who own or interact with a pet have better physical and psychological health. But the largest study of its kind to Read More

Uber’s Revenue Hits $6.5 Billion in 2016, Still Has Large Loss

Ride-hailing service Uber Technologies Inc generated $6.5 billion (roughly Rs. 41,914 crores) in revenue last year and its gross bookings doubled to $20 billion (roughly Rs. 1,28,964 crores), the company said on Friday. Its adjusted net loss was $2.8 billion (roughly Rs. 18,054 crores), excluding the operation in China it sold last year, Uber said. As a private company, now Read More