New Delhi sources stated that the RBI had directed banks to migrate entirely from EMV chip and PIN based cards system. Meanwhile since the migration was a time consuming one the banks had requested the RBI to extend the December 31 deadline, but the plea was turned down by the central bank.

Furthermore the magstripe cards are easier preys to banking frauds like skimming, which the EMV cards can keep at bay. Reportedly this has been done keeping in mind to further enhance the security and risk mitigation in card present transactions, and also the impact it may have on achieving the timeline for complete migration of all existing magstripe cards.

Moreover a circular has been decided not to grant any further extension beyond the respective timeline indicated in the main circular dated August 27, 2015 for new issuance and full migration to EMV Chip and PIN cards,” RBI had said in a notification dated September 15, 2016 that it has decided not to grant any further extension beyond the timeline mentioned in the notification. Meanwhile the EMV chip, named after its creators Europay, MasterCard and Visa, stores payment data on a chip enabled payment card with support for dynamic authentication.

In a fatal road accident, Minister Balakrishna Reddy’s car was involved and he fortunately escaped death. Minister Balakrisha Reddy is the cattle maintenance minister of the state, and earlier he had been the minister of youth welfare, and sports department and also as law minister of the state. His native place is Hosur.

Yesterday evening he had been traveling from Hosur to Thenkanikottai in his car. When his car was crossing an area named Thinnur, another car which had come in the opposite direction in extreme speed had hit the minister’s car, and though the minister had escaped fortunately, his car was completely damaged.

As the minister’s car was fatally hit by another speeding car, the whole area was filled with chaos and confusion, and following this police and other department officers rushed to the area to take swift action.

Hyderabad sources reported that transgender candidate M. Chandramukhi, contesting the Telangana assembly elections from a constituency in the city, turned up at a police station late Wednesday night. Accordingly Chandramukhi, who is contesting the election from Goshamahal as a candidate of the Bahujan Left Front and was missing since early Tuesday, reached Banjara Hills police station along with her lawyer and some members of the transgender community.

Meanwhile she refused to give a statement to police about her whereabouts, saying she will reveal all the details in court on Thursday. As per report the Hyderabad High Court had on Wednesday directed the police to produce her in the court on Thursday and further the court passed orders on a habeas corpus petitioned filed by Chandramukhi’s mother Ananthamma.

Previously a missing case was registered at the Banjara Hills police station on a complaint by her mother. Furthermore Chandramukhi, the only transwoman candidate in Telangana’s assembly elections, went missing early on Tuesday from her house in Jawaharnagar here. However, after examining CCTV footage, police said on Wednesday that she left the house on her own and was seen walking alone, where a police official said she had masked her face to hide her identity. Meanwhile Bahujan Left Front leaders and transgender activists have alleged that people who were opposed to a transgender contesting the election were behind her disappearance.

All the loud promises made by BJP President Amit Shah and Prime Minister Narendra Modi in fighting black money were only confined to election campaigning and the poll promise of bringing back all the black money from swiss accounts was totally forgotten by the BJP-government. To remind the same to this government, a photo featuring all the colorful currency notes is now going viral on social media.

Political activists and general netizens are taking a swipe at PM Modi and throwing a satirical question at BJP government: “Modi ji brought Pink money, Yellow money, Orange money, Blue money and Green money, but what happened to the black money?” Out of the several comments on social media, a netizen straightly took a shot at Modi: “New currency notes are glittering in too many ways. Despite such an explosion of colors, one color is still missing and that one is black which you promised to bring back!”

During the 2014 poll campaigning, Narendra Modi gave an assurance to the voters about bringing back the black money stashed in foreign banks and depositing Rs 15 lakh in every Indian bank account. But his government miserably failed to work in that direction and rather brought in more pain in the form of demonetization and GST.

Known for his ferocious and frontal attacks on KCR’s family, A. Revanth Reddy has been one of the most preferred star campaigners for Congress leaders in election campaigns. Formerly with TDP, Revanth Reddy is Congress’ candidate from Kodangal which is among 14 constituencies in Mahbubnagar district.

After KCR-led government allegedly accused Revanth Reddy in the cash-for-vote case, the battle between Revanth Reddy and KCR got personal. Despite such vicious attacks and mudslinging by TRS leaders, Revanth Reddy stood his ground firmly. He is also the only person in Telangana who opposes the TRS government despite being known for its high-handedness.

After shifting to Congress, which has several senior leaders in the party including his uncle Jaipal Reddy, Revanth Reddy bagged the role of Telangana Congress Working President and grew within the party. While his entry was initially seen as a disappointment for several senior Congress leaders who consider themselves as CM candidates, he has turned the tide within Congress party in his favour and has won praise from all sections of cadre.

Revanth Reddy’s growing popularity is evident within the Congress as several candidates are betting big on him for their campaigns. He has gotten so busy in campaigning for other Congress candidates that he has to check his dates and give them time. Many Congress leaders feel that Revanth’s canvassing can turn the tide around for them and make a huge difference in winning voters. On the other hand, TRS leaders are calling Revanth and requesting him not to campaign in their constituencies. Such is his effect on voters, say Congress leaders.

His growing popularity within Congress came to the fore when Congress President Rahul Gandhi personally requested him to translate his speech in Kodangal. It is evident that Revanth has won people’s support and hence, is the most preferred CM-candidate for Telangana after KCR. By garnering such an enormous image as a mass leader, will Revanth Reddy be Prajakutami’s CM candidate? Only time will tell.

TRS leader KT Rama Rao has criticized Chandrababu Naidu for fielding Nandamuri Suhasini from Kukatpally constituency. Taking part in the campaign in KPHB, KTR alleged that Naidu is planning to distance the Nandamuri family from politics.

“Lokesh was made the IT minister of AP by giving MLC seat whereas Suhasini who has no experience in politics is asked to contest the elections. This shows Naidu is conspiring against the Nandamuri family. That’s is why she is given a losing constituency and made a scapegoat. Suhasini’s defeat will also close the doors for her brothers, Kalyan Ram and Jr NTR,” said KTR.

The caretaker IT minister appealed to the people to vote for Madhavaram Krishna Rao and assured for the all-round development of Kukatpally.

Telugu Desam Party president N Chandrababu Naidu, who considers himself as great administrator, is now trying to teach a lesson or two to Prime Minister Narendra Modi on how to manage bureaucracy and govern the country.

On Friday, Naidu blamed it on Modi for encouraging inefficient officials by posting them in higher positions.

He alleged that Modi had dumped inefficient officials from Gujarat in New Delhi. He said that the authorities at the helm of higher institutions must be efficient, but Modi brought the inefficient officials from Gujarat with vested interests.

“That will cause more damage to the governance across the country and it will continue for some more time,” he said while discussing the performance of collectors and other IAS officials in the State at the collectors’ conference in Undavalli in Guntur.

He observed that Modi might get temporary satisfaction but it will harm the country for long time.

He observed that the efficient officials must be taken into Union Government if Modi really wanted to provide good governance. But it had not happened, he added.

The chief minister also suggested officials to give publicity to the government programmes being implemented by the Government.

He said despite of rendering good service and providing welfare, the public satisfaction is not as expected, because of failure in creating awareness among public, he added.