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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

Payment platform  PayU successfully tokenizes 50 million cards-thumnail

Payment platform  PayU successfully tokenizes 50 million cards

Last year, RBI mandated entities other than card networks and card issuers to not store debit or credit card data with them. The due date of tokenization is set on

Digital Transformation

Sep 22, 2022

US central bank raises interest rates by 75 bps; a look at key takeaways-thumnail

US central bank raises interest rates by 75 bps; a look at key takeaways

Officials forecast that rates would reach 4.4% by the end of 2022 and 4.6% in the next year, a more hawkish shift in their so-called dot plot than expected. That

Finance

Sep 22, 2022

China’s enormous policy bank to improve infrastructure loans to regional govt-thumnail

China’s enormous policy bank to improve infrastructure loans to regional govt

The China Development Bank will improve the number of infrastructure loans it gives to regional governments. It comes after China’s cabinet was quoted as announcing in August it would take

Finance

Sep 22, 2022

Hong Kong might end this year in recession.-thumnail

Hong Kong might end this year in recession.

Hong Kong is set to quit the year during a full-blown recession, as COVID-19 custody and spiraling income prices knock the economy.  The Chinese city’s financial policy schemes with the

Finance

Sep 22, 2022

RBI removes Central bank of India from the PCA framework after 5 years-thumnail

RBI removes Central bank of India from the PCA framework after 5 years

RBI said the bank is committed to complying with the norms of Minimum Regulatory Capital, Net NPA, and Leverage ratio on an ongoing basis. It has also appraised the structural

Finance

Sep 21, 2022

Yes Bank approves the sale of its 748,000-crore poor loans to JC Flowers ARC-thumnail

Yes Bank approves the sale of its 748,000-crore poor loans to JC Flowers ARC

Yes Bank has selected JC Flowers ARC as a partner to form an asset reconstruction company to deal with bad loans. Yes, Bank said its committee has approved the transfer

Finance

Sep 21, 2022

Google wants links to partner banks to appear in loan apps-thumnail

Google wants links to partner banks to appear in loan apps

Google changed the terms of service on September 5. The PlayStore will remove any apps that did not comply by the deadline of September 19th. The Google Play Store in

Finance

Sep 21, 2022

<strong>SEBI puts Fairfax Group backed Digit Insurance IPO on hold</strong>-thumnail

SEBI puts Fairfax Group backed Digit Insurance IPO on hold

Media reported last month that the company, backed by Canadian billionaire Prem Watsa’s Fairfax Group, aimed to raise around $440 million through an initial public offering. India’s markets regulator has

Finance

Sep 20, 2022

<strong>Power of B2B sales</strong>-thumnail

Power of B2B sales

Despite the fact that when most of us hear the word “sales,” we immediately picture a lone consumer in a store, the majority of sales money actually comes from other

Finance

Sep 20, 2022

Ethereum, world’s 2nd largest cryptocurrency drops 10% post “merge”-thumnail

Ethereum, world’s 2nd largest cryptocurrency drops 10% post “merge”

Most risk-driven assets sank for the day ahead of a widely expected 75 basis point bps hike by the Fed on Wednesday. Traders are also pricing in the possibility of

Finance

Sep 19, 2022


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