Month: February 2024
rbi paytm payments bank: ETtech Explainer: how will RBI move impact customers
The Reserve Bank of India (RBI) has barred Paytm Payments Bank from offering all forms of banking services, including accepting deposits and processing of payments….
startups: Definition of startup for tax sop to be amended
The government has proposed to amend the definition of “eligible startup” under the Startup India scheme to get a tax holiday, to one that has…
10 People, Including 3 Indians, Arrested in Canada for Drugs Trafficking |
NEW YORK: Three Indian men were among 10 people arrested by the Canadian authorities this week for allegedly being involved in drug trafficking between Mexico…
temasek policybazaar stake sale: Temasek sells entire holding in Policybazaar for Rs 2,425 crore
Singapore sovereign wealth fund divested its entire 5.42% stake in PB Fintech, the holding company of PolicyBazaar, through open market transactions. According to BSE block…
rbi paytm payments bank warnings: RBI froze Paytm Payments Bank after years of warnings about data flows
India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday. But the surprise move came…
paytm compliance shortcomings: Paytm management cites possible risk, compliance issues for RBI action
In a hypergrowth environment, Paytm Payments Bank perhaps could not set up controls regarding compliance and technology in a manner that could have satisfied the…
Indian-origin Doctor Acquitted of Lewd Act on Flight |
NEW DELHI: A 33-year-old Indian-origin doctor in the US has been acquitted of charges of allegedly exposing himself and performing a lewd act next to…
interim budget crypto rules: For crypto players, interim budget falls short on regulatory, tax issues
Finance minister Nirmala Sitharaman’s interim budget did not provide any clarity for the crypto world in terms of a conducive regulatory environment or reduction in…
Paytm: Brokerage firms warn of ‘regulatory overhang’ around Paytm’s future
The strict punitive action against Paytm Payments Bank Ltd. (PPBL), an associate company of Paytm, by the Indian central bank has made brokerage firms sceptical…
Greta Thunberg goes on trial in London for oil protest
LONDON: Swedish climate activist Greta Thunberg went on trial on Thursday for a public order offence related to a protest outside an oil and gas…