Clipped from: https://www.thehindubusinessline.com/money-and-banking/pci-welcomes-rbi-move-allowing-digital-payments-in-offline-mode/article38151420.ece This is done to enable adoption of digital transactions in rural areas Mumbai, January 6The Payments Council of India has welcomed the move
Category: ART
‘Lack of consistent income key reason for most people being out of financial inclusion’ – The Financial Express
Clipped from: https://www.financialexpress.com/economy/lack-of-consistent-income-key-reason-for-most-people-being-out-of-financial-inclusion/2400446/ Rawat was speaking at a financial inclusion program meet held in Aurangabad on Wednesday. Most people are still out of financial inclusion due
Women directors mandate tokenism; regulation wording “humorous”: Damodaran – The Financial Express
Clipped from: https://www.financialexpress.com/market/women-directors-mandate-tokenism-regulation-wording-humorous-damodaran/2400386/ When a woman gets approached to join a board, she should first question if the appointment is being made to tick a box
RBI lays down eligibility norms for entities tapping credit bureau data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-lays-down-eligibility-norms-for-entities-tapping-credit-bureau-data/2399492/ The rules say a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau,
CVC expands ambit of advisory board on large scale bank frauds – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/cvc-expands-ambit-of-advisory-board-on-large-scale-bank-frauds/2400364/ Officials of the level of general managers and above, whole-time directors, including former officials or former whole-time directors are under the ambit of
RBI releases eligibility criteria for ‘specified users’ of CICs – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/rbi-releases-eligibility-criteria-for-specified-users-of-cics/2399394/ As per the requirements, a ‘specified user’ should be a company incorporated in India or a statutory corporation established in the country. The
Five things you need to know before investing in cryptocurrencies – The Financial Express
Clipped from: https://www.financialexpress.com/money/five-things-you-need-to-know-before-investing-in-cryptocurrencies/2399585/ The Indian government is working on a financial bill to regulate virtual currencies, which may give clarity on how the crypto market will
Omicron-led third wave infects more people but spares lungs – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/omicron-led-third-wave-infects-more-people-but-spares-lungs/articleshow/88723017.cmsSynopsis Compared to the previous two waves the symptoms are mild and the duration of illness shorter. Doctors say that those who are getting
You’ll have to spell out a crypto law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/youll-have-to-spell-out-a-crypto-law/articleshow/88741661.cmsSynopsis If the government thinks that unlike a separate law that was passed for International Financial Services Centres, there is no need for a
Our health workers need to be healthy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/our-health-workers-need-to-be-healthy/articleshow/88741686.cmsSynopsis Compromised cardiopulmonary health on account of poor air quality could enhance Covid-related hospitalisation despite Omicron’s lower level of virulence. There is a need
reliance-dunzo deal: $240 million delivered, Reliance Retail picks up 25.8% stake in Dunzo – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/startups/reliance-retail-picks-up-25-8-stake-in-dunzo-leads-240-million-funding/articleshow/88733921.cmsSynopsis The Reliance-Dunzo deal has more than doubled the valuation of the Bengaluru-based startup to $775 million. Dunzo is planning an IPO in the
NBFCs seek ‘flexibility’ in MSME loans, refinancing facility for onward lending to small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfcs-seek-flexibility-in-msme-loans-refinancing-facility-for-onward-lending-to-small-businesses/2399612/ Credit and Finance for MSMEs: The RBI in November 2021 had asked lenders to classify borrower accounts as overdue as part of their
Bitcoin could become more valuable than gold; Goldman Sachs says this crypto may hit $100,000 mark – The Financial Express
Clipped from: https://www.financialexpress.com/market/bitcoin-could-become-more-valuable-than-gold-goldman-sachs-says-this-crypto-may-hit-100000-mark/2399584/ Goldman said that bitcoin currently has 20% share of “store of value” market citing it’s $700 billion market capitalization compared to the around
Five things you need to know before investing in cryptocurrencies – The Financial Express
Clipped from: https://www.financialexpress.com/money/five-things-you-need-to-know-before-investing-in-cryptocurrencies/2399585/ The Indian government is working on a financial bill to regulate virtual currencies, which may give clarity on how the crypto market will
Hacks, Houdini acts, and rug pulls: why DeFi smart contracts must be more secure than smart in 2022. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/hacks-houdini-acts-and-rug-pulls-why-defi-smart-contracts-must-be-more-secure-than-smart-in-2022-/primearticleshow/88720307.cms SynopsisAs crypto assets became more mainstream in 2021, incidents of hacks and rug pulls also increased. Decentralised finance of DeFi accounted for 76%
ECommerce Sector: Why India’s e-commerce sector doesn’t need a one-size-fits-all regulatory intervention – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-indias-e-commerce-sector-doesnt-need-a-one-size-fits-all-regulatory-intervention/articleshow/88719147.cmsSynopsis The not-so-rosy flip side comprises the growing discontent among business users of ecommerce platforms and the regulatory muddle that defines Indian ecommerce today.
Latest life insurance claim settlement ratio of companies in 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/life-insurance/latest-life-insurance-claim-settlement-ratio-of-companies-in-2022/articleshow/88725849.cmsSynopsis The claim settlement ratio of LIC was 98.62 per cent as at March 31, 2021 compared to 96.69 per cent as at March
Supply chain woes prompt a new push to revive US factories – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-chain-woes-prompt-a-new-push-to-revive-us-factories/articleshow/88724661.cmsSynopsis Backups at overwhelmed ports and the challenges of obtaining components as well as finished products in a timely way have convinced companies to
How to build a competitive export-ready business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/process/how-to-build-a-competitive-export-ready-business/articleshow/88726431.cmsSynopsis Whether you are an importer or exporter, make sure you understand the different incoterms thoroughly so that the responsibilities of both the parties
Chip execs say there’s no short-term fix for supply shortage – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chip-execs-say-theres-no-short-term-fix-for-supply-shortage/articleshow/88725330.cmsSynopsis Automakers have missed out on billions of dollars in revenue because they couldn’t get the electronic components that are central to their products.
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