Africa

T.Raja Kumar takes over as President of "Financial Action Task Force"

T. Raja Kumar of Singapore has been appointed as the president of Financial Action Task Force (FATF), the anti-money laundering watchdog.

Jul 2, 2022

Large borrowers' loan accounts and bad loans decline: RBI's Financial Stability Report

The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve Bank of India (RBI).

Jul 2, 2022

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection.

Jul 2, 2022

FIFA to introduce SAOT technology at Qatar World Cup to help referees

FIFA announced on Friday that semi-automated offside technology (SAOT) will be used at the 2022 World Cup in Qatar to enable referees to make faster, more accurate offside decisions at the world's biggest football gala.

Jul 2, 2022

Import duty on gold increased, may not impact demand or price of this yellow metal

The increase in customs duty on gold will not have any major impact on the precious metal's demand or the price, said a top official of Madras Jewelers and Diamond Merchants Association.

Jul 1, 2022

If banks raise interest rates on Fixed deposit to 7.5-8%, there could be a flight from mutual funds: Report

If banks raise interest rates on fixed deposits to 7.5-8%, there could be a flight to these products from mutual funds, Motilal Oswal Financial Services said in a report.

Jul 1, 2022

RBI Governor reiterates caution against cryptocurrencies, says clear danger

The RBI governor said cryptocurrencies are a sophisticated scheme in disguise

Jul 1, 2022

Best Performance: K'taka tops DPIIT's Ease of Doing Business-SBRAP 2020 rankings

Karnataka has bagged the "Top Achiever" position under the implementation of the Ease of Doing Business ranking of States/Union Territories released by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India on Thursday.

Jun 30, 2022

KGF 2 effect: Salaar and Pushpa 2 Unlikely to Arrive for Summer 2023

The release of upcoming big movies like Prabhas-starrer Salaar and Allu Arjun's Pushpa 2 will be delayed.

Jun 30, 2022

GST applicable on Curd, lassi, bank cheque books from July 18 [List of products where GST increased or decreased]

Come July 18, 18 per cent Goods and Services Tax (GST) will be applicable on bank cheque book/loose leaf cheques and 12 per cent on maps, atlas, and globes.

Jun 29, 2022

Participating in FIFA World Cup 2022 in Qatar? Check locations, food, landmarks not to miss

Are you planning to participate in the most prestigious football event, the FIFA World Cup 2022? If so, do you know that Qatar has many surprises in store for you in terms of culture, architecture, food, among others?

Jun 29, 2022

Indian, Saudi and South African banks to post larger increase in margins in FY23: Moody's

Banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23, said rating agency Moody's.

Jun 27, 2022

VC firm Backstage Capital cuts workforce; Startups lay off 20,000 since April

Several tech startups have laid off over 20,000 employees the world over since April, while more than 10,000 have lost jobs in India led by edtech platforms.

Jun 27, 2022

Healthy Byte: Eating healthy food and eating right go a long way as you age

As we age, the involuntary loss of muscle mass and muscle function has a major impact on quality of life. Based on research, muscle loss is faster in men than in women and can lead to a number of health problems.

Jun 25, 2022

Prashanth Neel's directorial- 'KGF: Chapter 2' starring Rocking Star Yash

KGF 3 Comes Out Of Compulsion: Prashanth Neel Spills The Bean

Filmmaker Prashanth Neel has finally opened up on the much-awaited third part. He has confirmed that the third instalment is definitely on cards but it will take some time for the project to materialise.

Jun 25, 2022

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