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Crypto-native banking platform Juno raises $18Mn in fresh funding-thumnail

Crypto-native banking platform Juno raises $18Mn in fresh funding

Juno said it plans to use the funds to expand its digital banking products and launch a tokenized loyalty program, backed by its native ERC20 token, JCOIN. Bengaluru-based crypto-native banking

Digital Transformation

Oct 3, 2022

<strong>Government to issue sovereign green bonds worth $2 billion</strong>-thumnail

Government to issue sovereign green bonds worth $2 billion

“The much-awaited Indian debut sovereign green bond is certainly a way to give the required fillip to the local green bond market creation and set a benchmark by adhering to

Finance

Sep 30, 2022

<strong>RBI’s MPC announces 50 bps hike in repo rate taking it to 5.90%.</strong>-thumnail

RBI’s MPC announces 50 bps hike in repo rate taking it to 5.90%.

The MPC was of the view that the persistence of high inflation necessitates the further calibrated withdrawal of monetary accommodation in order to contain second-round effects and anchor inflation expectations,

Finance

Sep 30, 2022

ED freezes bank accounts of forex trading app OctaFX over FEMA violation-thumnail

ED freezes bank accounts of forex trading app OctaFX over FEMA violation

“The said app (OctaFX) and its website have not been authorized by the RBI (Reserve Bank of India) to deal in forex trading. The conduct and operations of forex trading

Finance

Sep 30, 2022

Rural consumers are acquiring limited necessities due to inflation-thumnail

Rural consumers are acquiring limited necessities due to inflation

The rural economy has managed to recover from last year’s surge of delta diseases that exterminated tens of thousands of lives. Rising inflation is compelling many poor Indians to rein

Finance

Sep 30, 2022

SEBI to take key decisions related to pre-filing, mutual funds, and disinvestments tomorrow-thumnail

SEBI to take key decisions related to pre-filing, mutual funds, and disinvestments tomorrow

The board also aims to relax open offer pricing norms for the disinvestment of public sector undertakings (PSUs); seek enhanced disclosures from startups in offer documents on the IPO issue

Finance

Sep 29, 2022

What you need to know about three new credit card regulations that take effect on October 1-thumnail

What you need to know about three new credit card regulations that take effect on October 1

Credit card issuers must make sure that the cardholder’s approved credit limit is not exceeded at any moment without first getting their express permission. The Reserve Bank of India (RBI)

Finance

Sep 29, 2022

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore -thumnail

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore 

In 21 years, 1 lakh has increased by more than 100 times to 1.12 crore thanks to PSU stock giving bonus shares four times. Bonus shares were issued by IOCL

Finance

Sep 29, 2022

RBI imposes a penalty on Banks-thumnail

RBI imposes a penalty on Banks

The Reserve Bank of India on Monday illustrated it has assessed a monetary penalty for rule-breaking operations. Hissar Urban Cooperative Bank Ltd has been fined Rs 3 Lakhs and Andaman

Finance

Sep 27, 2022

Fable Street Lifestyle raises Rs 50 crore-thumnail

Fable Street Lifestyle raises Rs 50 crore

Business-to-consumer firm Fable Street Lifestyle Solutions Pvt Ltd has been boosted by Rs 50 crore in a pre-series B funding round led by its existing investor, Fireside Ventures. Startup founders

Finance

Sep 24, 2022

Indians might spend $32 billion on commodities during this festive season-thumnail

Indians might spend $32 billion on commodities during this festive season

Indian consumers will mostly use up their money on Diwali supplies, groceries and home renovation items. Spending money in the festival season in 2022 could hit $32 billion as Indian

Finance

Sep 23, 2022

<strong>With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.</strong>-thumnail

With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.

On-device wallets can be used to conduct small transactions up to Rs 200 when UPI Lite is enabled on the BHIM App. A maximum of Rs 2000 can be added

Digital Transformation

Sep 23, 2022


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