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Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s-thumnail

Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s

Following the government’s announcement, Indian oil companies will have to pay Rs 6 per litre (around USD 12.2 per barrel) on exports of petrol and ATF, and Rs 13 per

Finance

Jul 6, 2022

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period-thumnail

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Digital Transformation

Jul 6, 2022

Crypto Lending firm Nexo to acquire peer “Vauld”-thumnail

Crypto Lending firm Nexo to acquire peer “Vauld”

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

Digital Transformation

Jul 6, 2022

Who is the “Crypto queen” placed on FBI’s top ten wanted list-thumnail

Who is the “Crypto queen” placed on FBI’s top ten wanted list

OneCoin was not backed by any secured, independent blockchain-type technology as other cryptocurrencies are. It was a classic Ponzi scheme, in which early investors are encouraged to find others and

Finance

Jul 6, 2022

Startups are reconsidering IPOs as markets lose interest in unicorns-thumnail

Startups are reconsidering IPOs as markets lose interest in unicorns

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

Finance

Jul 6, 2022

Funding Agencies In India-thumnail

Funding Agencies In India

 Funding is the action of providing capital to finance a need, program, or project. While this is usually in the form of money, it can also take the form of

Finance

Jul 6, 2022

RBI approves the proposed merger of HDFC and HDFC Bank-thumnail

RBI approves the proposed merger of HDFC and HDFC Bank

The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company

Finance

Jul 5, 2022

Crypto lender Voyager digital suspends withdrawals, trading, and deposits-thumnail

Crypto lender Voyager digital suspends withdrawals, trading, and deposits

The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund’s failure to make required payments on a loan.

Digital Transformation

Jul 4, 2022

Payment banks to request central bank to let them venture into micro-lending-thumnail

Payment banks to request central bank to let them venture into micro-lending

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to

Finance

Jul 4, 2022

<strong>Central bank governor slams cryptocurrencies as Dangerous and speculative.</strong>-thumnail

Central bank governor slams cryptocurrencies as Dangerous and speculative.

Technological advances powered by cryptography and distributed ledger technology have led to the rise of new digital assets such as cryptos and stablecoins, which are primarily used for speculative investments,

Finance

Jul 1, 2022

Collective Disruption: Hows Todays Metaverse is Changing Tomorrows Finance-thumnail

Collective Disruption: Hows Todays Metaverse is Changing Tomorrows Finance

The advanced development speeding up the ascent of the metaverse is as of now having an effect across all areas from food to design, however none more than finance. The

Finance

Jun 30, 2022

SEBI goes hard on conspirators “2015 Dark fibre case”; slaps heavy fines-thumnail

SEBI goes hard on conspirators “2015 Dark fibre case”; slaps heavy fines

It has been alleged that the cabling for NSE’s colo rack was engineered such that Way2Wealth and GKN Securities got the benefit of lower latency, as opposed to other trading

Finance

Jun 30, 2022


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