Railway introduces online payment for freight
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The Railways has introduced online payment of freight charges. Freight customers pay online through the Freight Business
Development portal of Freight Operations Information System (FOIS) using the State Bank of India’s payment gateway.
Railway authorities said here on Friday that freight payment could be made through net banking, credit card, debit card or any unified payments interface (UPI).
Earlier, freight customers had to sign an agreement with the Railways and nominate a bank for e-payment facility, or make the payment through a demand draft or a bank cheque.
The first online payment of freight charges in Southern Railway was made at Palakkad division’s Panambur in Mangaluru on Thursday. Indian Potash Ltd booked a rake from Panambur to Chikmagalur by payin
The 61-year-old Rajya Sabha member and businessman was arrested under sections of the Prevention of Money Laundering Act (PMLA) from his residence in the Defence Colony area.
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MUMBAI (Reuters) - Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases.
The Central Bureau of Investigation (CBI), India’s top crime fighting agency, said late on Wednesday it was investigating U.S. Awasthi, managing director of Indian Farmers Fertilizer Co-operative (IFFCO), and Pravinder Singh Gahlaut, the managing director of Indian Potash Ltd (IPL).
IFFCO is co-operating with the CBI, a company spokesman said. IPL did not respond to Reuters request for comment. Awasthi and Gahlaut did not respond to Reuters requests seeking comment.