FATF vice-president Vivek Aggarwal asked the fintech industry to step up their investments to counter emerging threats from AI, scam compounds and other technologies and said these challenges are a major risk to India’s growth story MUMBAI: Vivek Aggarwal, the first Indian bureaucrat elected to the Financial Action Task Force (FATF), said risks from virtual…
RBI Governor Sanjay Malhotra said fintech’s biggest promise lies in how widely its benefits can be felt across society NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra on Thursday said India has an opportunity to become a trusted partner in shaping the future architecture of global finance, while highlighting the country’s expanding fintech ecosystem…
With September 11 bringing both the BRICS Summit in Delhi and a nationwide bank strike, the status of banking services has drawn attention NEW DELHI: With the 18th Brics Leaders’ Summit set to begin in New Delhi, the capital is preparing for a weekend of heightened security, traffic restrictions and government office closures. This has…
Benchmark stock indices fell for the third straight session on Wednesday, with the Sensex plunging 813 points to a nearly three-month low and the Nifty slipping below 23,450 as escalating West Asia tensions pushed crude oil prices above $100 a barrel. The 30-share BSE Sensex tumbled 813.35 points, or 1.08%, to close at 74,764.23, its…
The woman said both of them are finding it stressful to manage work and the household at the same time. (Image for representative purpose only) Imagine accumulating a net worth of around Rs 2 crore before you turn 30 years of age. What should your next course of action be?A 28-year-old woman has claimed on…
MCX Gold is likely to remain under pressure in the near term as the price structure continues to form lower highs and lower lows. Gold and silver price prediction today: Both gold and silver prices are expected to remain under pressure in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional…
He said the government would continue taking stringent action against contractors and officials responsible for delays and substandard execution of infrastructure projects. Union Road Transport and Highways Minister Nitin Gadkari has said that he wants to set a record blacklisting contractors who do poor quality work and also suspend officials.Gadkari said he had earlier expressed…
Jefferies has identified semiconductors, space, electronics, solar, aerospace and data centres as the top 6 themes. Global investment bank Jefferies, in its latest report ‘India’s New Industrial Revolution’, has highlighted sectors that are poised for growth due to a combination of India’s large domestic market, greater participation from private companies and continued government policy support.Jefferies…
The Income Tax Department seized all these items and the Assessing Officer (AO) asked the woman to produce bills. (Image for representative purpose only) A woman, who has been married for 35 years and lives with her husband in Navi Mumbai, found herself caught up in a tax dispute over jewellery that was seized by…
“Google’s decision is a clear testament to our strengths,” Finland’s Prime Minister Petteri Orpo said in a statement (Photo: Reuters). Google announced to invest 13 billion euros (nearly $15.1 billion) in Finland in the next two years, on Monday, its largest investment in Europe.“This is Google’s largest single investment in Europe and a testament to…