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Centre taking steps to promote Ayush system of medicine: MoS Mahendrabhai
The Ministry of Ayush is working on the operationalisation of...
UN chief says it will be difficult to revive Black Sea grain deal
U.N. officials are working to try to revive the deal, which Russia...
No MDR charges on RuPay, UPI payments from Jan 1
MDR is the cost paid by a merchant to a bank for accepting payment from their customers via digital means. The merchant discount rate is expressed in percentage of the transaction amount.
Why the worst case for climate change doesn’t look realistic: Viewpoint
A group of climate scientists recently got together on Twitter and tried to figure out what a more realistic scenario looked like. They fed energy predictions from the International Energy Agency into climate models and found out that 3 degrees of warming is a much more likely business-as-usual scenario than 5 degrees.
Hackers target companies,posing as CEOs and other C-level Executives
A recent report reveals that 71 percent of all fraudulent transactions in the second quarter of 2018 came from mobile banking apps or more broadly used apps and platforms like Facebook Messenger and WhatsApp. By exploiting vulnerabilities in phone and message apps, hackers are expanding their reach
600,000 pensioners to gain as EPFO’s commutation come into play on Jan 1
These 630,000 pensioners had opted for commutation of their pension and got a lump sum amount at the time of retirement from their pension accumulations or fund before 2009. The provision for commutation of pension was withdrawn by the EPFO in 2009.
Battered by slowdown, auto industry pins hopes on 2020 for turnaround
“2020 will be an interesting year with BS-VI getting implemented and entirely new platforms being available in the market,” SIAM President Rajan Wadhera told PTI.
To safeguard banking, SBI to introduce OTP-based ATM transactions from Jan
“This will safeguard the customers against the risk of unauthorized transactions on account of skimmed/cloned cards, while withdrawing cash at State Bank ATMs,” the bank said.
Financial system remains stable despite weakening domestic growth: RBI
Mumbai: Financial system remains stable despite weakening domestic growth: RBIThe Reserve Bank on Friday said the country's financial system remains despite slowing economic growth. The country's GDP slowed to a six-year low of 4.5 per cent in...
Banks see biggest job cull since 2015,cut a combined 77,780 jobs
This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015, according to filings by the companies and labor unions. Banks in Europe, which face the added burden of negative interest rates for years to come, account for almost 82% of the total.The 2019 cuts bring the total for the last six years to more than 425,000.
Improve corporate governance to lift economic efficiency: RBI to India Inc
Regulators like the Sebi and Irdai have been taking measures to improve the market integrity and to strengthen corporate governance processes, while the IBBI has been making progress in improving an enabling framework for stressed asset resolution.
Global shares reach record highs on trade optimism, festive cheer
The rally in global shares contrasts with a plunge late last year, when the Sino-US trade war had sapped investor confidence. The worries scuttled capital expenditure plans over much of 2019, but strong employment and signs of an improving global economy suggest that will change next year.