New Delhi: The Telecom Regulatory Authority of India (TRAI) has extended the deadline for the implementation of the traceability mandate for commercial messages, including one-time passwords (OTPs), to December 1. This regulation aims to prevent misuse, including spam and phishing, by ensuring the origin of such messages can be traced.
Telecom operators had raised concerns about potential disruptions starting November 1 if the traceability rules were enforced, particularly since many telemarketers and business entities, like banks, rely on commercial messages. As a result, TRAI has decided to delay the enforcement of this rule by a month. The new deadline gives telecom companies additional time to comply with the new mandate.
The updated regulations will ensure that users will no longer receive misleading OTPs or commercial messages, providing a more secure environment by addressing issues like scams and phishing.
LPG Cylinder Prices May Change
The price of gas cylinders could see adjustments soon. LPG rates are typically revised on the 1st of each month. Along with LPG cylinders, oil market companies also review the prices of aviation turbine fuel (ATF), CNG, and PNG on a monthly basis.
In October, gas companies raised the price of the 19 kg commercial LPG cylinder by Rs.48,
Axis Bank and SBI have both updated their policies.
Axis Bank will implement new credit card fees starting December 20, 2024. Under these changes, whenever you redeem your EDGE rewards or miles, a fee of Rs. 99 plus 18% GST will apply.
Additionally, if you transfer your points to any mileage program, the fee will be Rs. 199 plus 18% GST.
These changes will affect the Axis Bank Atlas Credit Card, Samsung Axis Bank Anant Credit Card, Samsung Axis Bank Credit Card, Axis Bank Magnus Credit Card, and Axis Bank Reserve Credit Card.
SBI is also making adjustments to its credit card policies. Starting December 1, 2024, the country's largest bank, State Bank of India (SBI), will no longer offer reward points on transactions made with digital gaming platforms or merchants on 48 of its credit cards.
Earlier, on November 1, 2024, several new rules were introduced, including a 1% fee on utility bill payments over Rs. 50,000 made through SBI credit cards during the statement cycle. However, no extra charge will apply for payments below Rs. 50,000.
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