If the announcements on the Paypal blog were to be believed, Paypal will be resuming bank transfers for business transactions to India

Paypal has stopped making personal payments to India.

About two years ago the Times Group launched Wallet365 with a lot of hype only to have it stalled by the RBI. It is now believed to be considering the regularization of internet payment options. An approach paper on the subject is under consideration by the RBI.

A recent study has shown that Americans are silently switching to YouTube leaving TV shows at back foot. Following their survey, the Harris Interactive has come out with the data that serious YouTube viewers in America have increased by 13% in March this year from the previous