Tag: Finance
RBI imposes penalties on 3 payment system operators
Mumbai: The RBI has imposed penalties on payment system operators Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance. A penalty…
Finance Secy TV Somanathan: There’s a nudge for industry to opt for less automation, use more labour
The jobs schemes announced in the budget are meant to nudge industry towards more labour-intensive choices, Finance Secretary TV Somanathan said in an interview to…
startup valuations: Catamaran president Deepak Padaki sees startup valuations falling further
Startups must brace for further down rounds in 2024 as valuations could fall by nearly a third compared with 20-25% now amid a lingering funding…
Ensure Nomination To Tackle Unclaimed Deposits
(This story originally appeared in on Sep 06, 2023) MUMBAI: Finance minister Nirmala Sitharaman has urged banks and capital market institutions to ensure all accounts…
finance: Fintech startup Khatabook lays off 42 employees
Fintech startup Khatabook has laid off 42 employees, or 6 per cent of its total workforce, to reorient business in line with its targets, the…
Finance: Deadly wildfires in Greece and other European countries destroy homes, threaten nature reserves
RHODES: Major fires raging in Greece and other European countries advanced on Wednesday, causing additional deaths, destroying homes and threatening nature reserves during a third…
Finance: Heat wave returns as Greece grapples with more wildfire evacuations
RHODES: A third successive heat wave in Greece pushed temperatures back above 40 C (104 F) across parts of the country on Tuesday following more…
Pakistan’s Finance Minister reacts to reports about running for caretaker PM post
ISLAMABAD: Pakistan’s Finance Minister Ishaq Dar on Sunday reacted to reports claiming that Pakistan Muslim League-Nawaz (PML-N) was considering proposing his name for caretaker prime…
China agrees to reschedule USD 2 billion debt of Pakistan
ISLAMABAD: China has agreed to reschedule over USD 2 billion debt of Pakistan for a period of two years, providing a major relief to the…
Pakistan: New USD 3 billion loan programme to help Pakistan’s efforts in stabilising its ailing economy: IMF
ISLAMABAD: The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the…