Month: July 2024
Low inflation and currency can amplify GDP to $55 trillion by 2047: Krishnamurthy Subramanian
The long-term forecast of India’s growth potential misses a key variable – the currency movement. Krishnamurthy Subramanian, executive director at the International Monetary Fund and…
Ex-BBC news presenter pleads guilty to making indecent children images, UK channel responds
Former BBC news anchor Huw Edwards, 62, was in court on Wednesday, where he pleaded guilty to three counts of making indecent images of children….
repo rate: Lending and deposit rate moderate sequentially
Even as the transmission of the 250 basis point repo rate increase since May 2022 is still under way, some banks have even lowered lending…
Ransomware attack on service provider hits payment systems of 300 Indian banks | Latest News India
A ransomware attack on a technology service provider has forced the payment services of around 300 small Indian banks to halt temporarily. Nearly 300 small…
‘Unavailable right now’: Prince Harry and King Charles not on speaking terms, says Duke’s friend
Prince Harry’s relationship with his father, King Charles III, has reportedly deteriorated to the point where they are no longer in communication. Despite a meeting…
Self-sufficiency, stronger currency, fundamentals would help India become $55-trillion economy by 2047: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday expressed hope that steps such as focus on self-sufficiency, technology, stronger currency and fundamentals would…
RBI proposes new ways to authenticate e-payments
The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors…
public shareholding norms: Government extends deadline for meeting MPS norms till Aug 2026
The government has extended the deadline for meeting minimum public shareholding norms for central public sector enterprises and public sector financial institutions till August 2026….
UPI, IMPS, retail payments of these banks temporarily unavailable due to ransomware attack on tech-provider
The National Payments Corporation of India (NPCI) has put out a notice that UPI, IPMS and other payment systems of certain banks will temporarily not…
Angel One: Angel One infuses Rs 250 crore into wealth management arm
Mumbai-based stock broking firm Angel One has invested Rs 250 crore into its wealth management arm, Angel One Wealth, to cater to the expanding population…