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Posted in Finance

PSU Banks FD Rates: PSU banks now offer inflation-beating FD rates

Those believing in safety first are outrunning the glory chasers these days, with stock returns trailing yields on plain-vanilla fixed deposits by a long shot,…

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rupee: More Asian countries interested in Rupee trade: Central bank executive
Posted in Economy

rupee: More Asian countries interested in Rupee trade: Central bank executive

More Asian countries, such as Indonesia and the United Arab Emirates, are showing interest in using the Rupee as a trading unit, potentially reducing dependence…

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sitharaman: Need global framework on cryptocurrencies: FM Sitharaman
Posted in Economy

sitharaman: Need global framework on cryptocurrencies: FM Sitharaman

Finance minister Nirmala Sitharaman Thursday called for a global framework on cryptocurrencies while pitching for steps to tackle global debt vulnerabilities and strengthening multilateral development…

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Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog
Posted in Economy

Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog

The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6 lakh crore for the current fiscal while proposal pipeline aggregating…

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Lego launches toys with missing limbs, Down’s syndrome. Here’s why
Posted in Business

Lego launches toys with missing limbs, Down’s syndrome. Here’s why

Lego, a Danish toy company, released a new set of toys depicting children with disabilities, including toys with missing limbs and Down’s syndrome (a genetic…

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Posted in Economy

Inflation, CAD worries to ease in FY24: Finmin report

Inflation risks for India will likely be lower in FY24 than this fiscal and the current account deficit will moderate as well, according to a…

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Bankman-Fried faces new criminal charges, accused of hiding political donations
Posted in Business

Bankman-Fried faces new criminal charges, accused of hiding political donations

Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Krayen: Tata 1MG-backed 5C Network acquires AI healthtech startup Krayen

Bengaluru-based online medical diagnostics platform 5C Network, which has a strategic investment from Tata 1MG, has acquired US-based artificial intelligence healthtech startup Krayen for an…

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What if you don’t give a nominee for your bank account?
Posted in Business

What if you don’t give a nominee for your bank account?

When applying for a bank account and filling out forms, you will always be asked to “mention a nominee.” Is it really necessary to have…

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Winter storms ravage US from California to northern plains
Posted in US News

Winter storms ravage US from California to northern plains

Dangerous winter weather trapped drivers on icy roads, knocked out power to hundreds of thousands and grounded multiple flights from California through the northern Plains…

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