PIN compulsory for all debit card use from today

Dec 01 2013, 01:29 IST
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SummaryThe initiative of is aimed at minimising frauds.

Debit card holders will from December 1, be required to punch in their PIN numbers every time they use the card, a move aimed at minimising frauds. In June, the Reserve Bank had extended the deadline for implementation of mandatory PIN punching at Point-of-Sales (PoS) and merchant outlets till November 30 following a representation from banks.

Gold softens in lacklustre trade

Mumbai: Notwithstanding buoyant global cues, gold prices declined marginally in thin trade at the domestic bullion market on Saturday on reduced off-take from stockists as well as poor local buying interest. Standard gold (99.5 purity) eased by Rs 5 to settle at Rs 30,690 per 10 grams. Silver ready (.999 fineness) fell by Rs 115 to end at Rs 45,600 per kg.

Videocon seeks nod for raising R5,000 cr

New Delhi: Videocon Industries on Saturday said its board has proposed to seek shareholders’ approval to raise up to Rs 5,000 crore through issue of shares in domestic as well as international markets, via instruments including qualified institutional placement, American Depository Receipts (ADRs) and foreign currency convertible bonds (FCCBs).

BlackBerry to offer free apps in Dec

New Delhi: BlackBerry has come out with free apps and discounts on some of its most popular apps on BlackBerry World. The offers will roll out throughout the month of December for users of the BB10 operating platform. PTI

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