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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

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


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