Business news

Global regulator for banks red-flags crypto-assets such as Bitcoin

Bitcoin likely to hit record-low of $10K per digital coin soon: Experts

As Bitcoin hovers below $20,000 per digital coin, industry experts fear that the leading cryptocurrency may tumble to $10,000 soon.

Jul 12, 2022

RBI to allow Rupee payment for exports, imports; Announces new framework

The RBI said prior approval is a must and the measure promotes growth of global trade with emphasis on exports from India

Jul 12, 2022

Another Rs 1,200 cr vanishes from BYJU'S funding round: Report

A whopping Rs 1,200 crore from a US-based company, recently announced by BYJU'S as a funding round, has gone off track, according to a media report.

Jul 11, 2022

Razorpay gets RBI approval for Payment Aggregator license

The central bank issued a payment aggregator framework in March 2020, stating that payment gateways will be mandated to have a license in order to acquire merchants and provide them with digital payments acceptance solutions.

Jul 11, 2022

District Collectors to ensure enforcement of service charge guidelines: CCPA.

CCPA's directive: District Collectors to ensure enforcement of restaurants service charge guidelines

The Central Consumer Protection Authority (CCPA) has directed District Collectors to ensure enforcement of guidelines issued with regard to service charge by hotels and restaurants.

Jul 11, 2022

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FPIs selling decreased; pull out only ₹4,418 crore from Indian market in July [details]

FPIs withdrew a sizable sum totalling Rs 1,10,628 crore from the Indian market during the April to June 2022 quarter.

Jul 10, 2022

RBI's measures to boost forex inflows may not increase inflows: Emkay report

The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global Financial Services Ltd.

Jul 7, 2022

Crypto Crash: Top cryptocurrency broker Voyager Digital files for bankruptcy

Top cryptocurrency broker Voyager Digital on Wednesday filed for bankruptcy in the US, after top crypto hedge fund Three Arrows Capital (3AC) did the same last week, in which Voyager has made significant investments which the company is yet to get back.

Jul 7, 2022

Non-life insurers can offer innovative vehicle insurance covers [pay as you drive, pay how you drive]

More than two decades after the Indian insurance industry was opened up, the sectoral regulator has allowed the non-life insurers to offer innovative add-on covers on motor insurance policies.

Jul 6, 2022

Foreign Exchange: RBI relaxes regulations to boost forex inflows

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchange inflows.

Jul 6, 2022

Indian rupee hits a low of Rs 79.36 against USD, gold touches Rs 54K

The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.

Jul 6, 2022

Same order, different bills; Zomato faces flak for overcharging customers online [details]

Many a netizen, both laughed and fumed at the price difference between the two bills and how promo codes, sometimes, even increased the bill price on the app.

Jul 5, 2022

Moissanite Wedding Bands – How to Pick?

When it comes to wedding bands, the biggest tip is to use your engagement ring as a guide. If you have a moissanite wedding ring, it would be best to buy a moissanite wedding band

Jul 4, 2022

Karnataka leads the way; ranked 'Best Performer' in GoI's States' Startup Ranking-2021 [details]

Karnataka was awarded the 'Best Performer' category in the rankings for launching engineering research and development policy to attract sector-focused incentives, and creating regulatory sandboxes for startups.

Jul 4, 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

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Business news

Bitcoin likely to hit record-low of $10K per digital coin soon: Experts

RBI to allow Rupee payment for exports, imports; Announces new framework

Another Rs 1,200 cr vanishes from BYJU'S funding round: Report

Razorpay gets RBI approval for Payment Aggregator license

CCPA's directive: District Collectors to ensure enforcement of restaurants service charge guidelines

FPIs selling decreased; pull out only ₹4,418 crore from Indian market in July [details]

RBI's measures to boost forex inflows may not increase inflows: Emkay report

Crypto Crash: Top cryptocurrency broker Voyager Digital files for bankruptcy

Non-life insurers can offer innovative vehicle insurance covers [pay as you drive, pay how you drive]

Foreign Exchange: RBI relaxes regulations to boost forex inflows

Indian rupee hits a low of Rs 79.36 against USD, gold touches Rs 54K

Same order, different bills; Zomato faces flak for overcharging customers online [details]

Moissanite Wedding Bands – How to Pick?

Karnataka leads the way; ranked 'Best Performer' in GoI's States' Startup Ranking-2021 [details]

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

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]