Fintech

Digital Currency to Soon Become Reality in India: RBI

The Reserve Bank of India is working toward a “phased implementation strategy” of a Central Bank Digital Currency (CBDC), RBI deputy governor...

Explained: Curbs on foreign card firms

Over the problem of storing data in India, the Reserve Bank of India has blocked three foreign card payment network providers —...

RBI has imposed restrictions on Mastercard Asia

Strict ban on adding new customers to MasterCard from July 22 The Reserve Bank of India (RBI) took major...

CCI approves for SoftBank’s $450-million investment in Swiggy

CCI approves forSoftBank’s $450-million investment in Swiggy SoftBank is looking to invest $450 million in Swiggy in a deal...

The Reserve Bank of India has asked banks to send key personnel on a 10-day surprise leave

The Reserve Bank of India (RBI) has instructed banks to send essential workers on mandatory surprise leaves for a minimum of 10...

Softbank plans to invest $200 million in Indian online pharmacy PharmaEasy

Japanese investment behemoth SoftBank is in talks to invest about $150-200 million in API Holidingspvt, the parent company pharmaEasy.

The Reserve Bank of India has fined 14 banks for breaking rules

The Reserve Bank of India has imposed penalties on 14 banks for failing to follow key requirements of RBI directives. The RBI...

“The second wave slowed the recovery, but economic activity is currently on the rise.” – R.B.I

MUMBAI: The pandemic's second wave has slowed recovery, but with cases fading quickly, economic activity has increased since May, said RBI Governor...

India’s new bad bank faces a $27 billion debt mountain

A bad bank slated to open this month in India could help lower one of the world's worst bad-loan piles, but market...

Latest articles

Timex India and Unicommerce Collaborate to Boost E-commerce Operations

Timex India, the renowned timepiece manufacturer, has joined forces with Unicommerce to enhance its e-commerce operations. The partnership will see Timex India...

Mining Technology Could Reduce Energy Needed for Critical Mineral Access and Capture Greenhouse Gases, Says Study

Washington : A study published in the journal ‘US Department of Energy’ has found that a mining technology pioneered by researchers at...

Pioneer of the Technology Industry, Gordon Moore, Dies at 94

Gordon Moore, co-founder of Intel and a driving force behind the development of modern computing devices, has passed away at the age...

ESS Global Launches New Center in Noida to Support the Study Abroad Dreams of Students

ESS Global, a renowned study abroad consultant, has recently launched its newest center in Noida, Uttar Pradesh. The new center aims to...