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Top Line - Business News | July 26

84 views · Published 26 July 2016 · 1:47 · Indexed 20 September 2026

Channel: DD News · 2016 · News & Politics

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--EPFO meet to discuss doubling the investment limit in exchange traded funds (ETFs) from 5 per cent at present; The EPFO is estimated to have 1.35-lakh crore as investible deposits in the current fiscal.



--The Ministry of AYUSH approves proposal of 21 states  for setting up of up to 50 bedded integrated AYUSH Hospital; also plans to establish an All India Institute of Homoeopathy (AIIH) New Delhi



--The digital payments industry in India will grow by 10 times to touch $500 billion by 2020 and contribute 15% of gross domestic product; Non-cash transactions will exceed cash transactions in the economy by 2023


--Starting September, passengers booking tickets through the IRCTC website can avail of a travel accident cover for a premium as low as Re 1 for an insurance cover of Rs 10 lakh; this is besides the compensation given by the Railways in case of accidents to valid ticket holders.


--The Union Ministry of Power warns public against online vendors fraudulently selling 9W LED bulbs under the name of government schemes;  urges consumers to purchase LED bulbs under the UJALA scheme only in the designated distribution centres
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