Clipped from: https://www.thehindu.com/business/explained-chinese-real-estate-firm-evergrande-crisis-a-lehman-moment/article36643709.ece Markets are concerned about effect of crisis on other countries The story so far: Chinese real estate conglomerate Evergrande Group has been in the news recently
Category: ART
Government agency warns bank customers of malware that steals money – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/government-agency-warns-bank-customers-of-malware-that-steals-money/article36644380.ece?homepage=true According to the country’s nodal agency for cybersecurity, customers of more than 27 Indian banks including major public and private sector banks have
Cloud kitchens to completely change the face of restaurant biz – BusinessToday
Clipped from: https://www.businesstoday.in/lifestyle/food/story/cloud-kitchens-to-completely-change-the-face-of-restaurant-biz-307474-2021-09-23 As per RedSeer Management Consulting, the domestic cloud kitchens market is expected to grow from $400 million in 2019 to $2 billion by
Apollo Hospitals’ Bengaluru unit claims completion of 100 robotic cardiac surgeries – BusinessToday
Clipped from: https://www.businesstoday.in/lifestyle/health/story/apollo-hospitals-bengaluru-unit-claims-completion-of-100-robotic-cardiac-surgeries-306057-2021-09-06 Apollo Hospitals said that doctors at its Bangalore hospital had also performed a complex mitral valve cardiac surgery using robotic-assisted minimally invasive “da
How Account Aggregators can help you get the best loan, insurance or investment deals – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/banking/story/how-account-aggregators-can-help-you-get-the-best-loan-insurance-or-investment-deals-305792-2021-09-02 Account Aggregator is like an exchange platform between banks and institutions sharing the data. It consolidates all the financial data in one place
Haircut gone wrong: Consumer body orders ITC Maurya to pay Rs 2 crore as compensation to woman model | Deccan Herald
Clipped from: https://www.deccanherald.com/national/north-and-central/haircut-gone-wrong-consumer-body-orders-itc-maurya-to-pay-rs-2-crore-as-compensation-to-woman-model-1033531.html The model, Aashna Roy, said she went through a severe mental breakdown and lost her self-esteem Representative Image. Credit: iStock Photo The National Consumer
CEA takes a dig at ‘freebie culture’; wants States to favour capital over revenue expenditure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cea-takes-a-dig-at-freebie-culture-wants-states-to-favour-capital-over-revenue-expenditure/article36626605.ece?homepage=true Supply-side reform is the only way to attract investment and spur growth, says KV Subramanian India’s Chief Economic Advisor KV Subramanian on Thursday
Over 40% of Indian unicorns have been created in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/over-40-of-indian-unicorns-have-been-created-in-2021/article36585307.ece?homepage=true This picture is used for representational purpose only. – z_wei This picture is used for representational purpose only. – z_wei× A unicorn is
Stock market, a barometer of underlying confidence of the economy: Rashesh Shah – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/stock-market-a-barometer-of-underlying-confidence-of-the-economy-rashesh-shah/article36635014.ece?homepage=true Rashesh Shah, Chairman and M D , Edelweiss Financial Services Rashesh Shah, Chairman and M D , Edelweiss Financial Services× Animal spirits are
Issue of certificate of deposits plunges on poor credit demand, excess liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/issue-of-certificate-of-deposits-plunges-on-poor-credit-demand-excess-liquidity/article36631357.ece?homepage=true Market for CDs has been dormant due to lack of funding requirement The total outstanding certificate of deposits (CDs) issued by scheduled commercial
Embedded Value: Assign your life insurance policy to get funds – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/embedded-value-assign-your-life-insurance-policy-to-get-funds/2336463/ You can borrow money from a bank by assigning your life insurance policy to it. On repaying the loan, bank must reassign the
All states come on board for Rs 3 trillion discoms reforms scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/all-states-come-on-board-for-rs-3-trillion-discoms-reforms-scheme-121092301305_1.html States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister States
New recurring payment norms from Oct 1: Banks, card issuers in a tizzy | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rbi-s-firm-stand-on-payments-sends-banks-card-issuers-into-a-tizzy-121092301381_1.html Customers are being notified about changes, and alternative methods of payments Photo: Bloomberg Sensing the Reserve Bank of India’s (RBI’s) firm resolve to
Decoded: What is UPI and how does it work?–business-standard
Clipped from: https://www.business-standard.com/the-morning-show/video/decoded/decoded-what-is-upi-and-how-does-it-work-32.htmhttps://player.vimeo.com/video/609239276 Decoded: What is UPI and how does it work? Launched in 2016, UPI is a revolutionary technology framework used for mobile payments in
Will the new e-commerce rules really favour consumers? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/will-the-new-e-commerce-rules-really-favour-consumers/article35477503.ece The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of
Dispute resolution key too – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/dispute-resolution-key-too/2334144/ For account aggregation, it is as vital as the mandated consent focus The digital financial ecosystem is still an area where regulation is
Bad bank: Too little, too late | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/bad-bank-too-little-too-late-1032356.html Indian banks are past their NPA peak; most chunky NPAs have already been resolved Credit: iStock Photo Bad loans of Indian banks started
Streamline consent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/streamline-consent/article36592553.ece?homepage=true Tighter timelines are welcome, but transparency is needed on the rationale for consent decisions It has been 15 years since the Securities Exchange
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece?homepage=true A question that often arose was whether the counter parties — the buyers — would, despite, not being MSMEs, be able to raise