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Here is a masonry blog layout with no sidebarNITI floats idea of full-stack digital banks, seeks comments by Dec 31
Digital banks or DBs are banks as defined in the Banking Regulation Act, 1949 (B R Act), the paper said."In other words, these entities will issue deposits, make loans and offer the full suite of services that the B R Act empowers them to. As the name suggests...
Wall Street’s $22 Trillion Ticking Carbon Time Bomb
Banks in Turkey, Russia, Indonesia, India and China are most exposed to carbon-transition risk, with three sectors—manufacturers, transportation companies, and power producers and other utilities—accounting for more than 75% of the potential bad loan exposure, Moody’s...
K7 Cyber Threat Monitor Report For Q2 2021-22 Reports Pan-India Infection Rate of 45%
The K7 Cyber Threat Monitor Report Q2 2021-22 analyses the prevalence of cyberattacks across Indian cities. Delhi recorded an infection rate of 44%, the highest amongst Tier 1 cities, closely followed by Chennai, Hyderabad, and Kolkata with an infection rate of 42%...
Singapore’s DBS suffers second day of online banking disruption
Singapore is the biggest retail and wealth management market for DBS, which also has operations in places including Hong Kong, Indonesia and India. Singapore: DBS Group Holdings Ltd , Southeast Asia's largest bank, is facing disruptions in its online banking services...
Star Health IPO to open on Nov 30; sets price band at Rs 870-900/share
Those offering shares through the offer-for-sale are promoter and promoter group -- Safecrop Investments India LLP, Konark Trust, MMPL Trust -- and existing investors -- Apis Growth 6 Ltd, Mio IV Star, University of Notre Dame Du Lac, Mio Star, ROC Capital Pty Ltd,...
Covaxin shows 50% effectiveness against symptomatic COVID-19 in real-world assessment: Lancet study
Two doses of Covaxin are 50 per cent effective against symptomatic COVID-19, according to the first real-world assessment of India's indigenous coronavirus vaccine published in The Lancet Infectious Diseases journal. The results of an interim study recently published...
Delhi HC admits Singh’s appeal challenging Tripathy’s appointment as CMD of UII
``The petitioner (Singh) is seeking necessary orders from the Court to the government of India for his appointment as CMD of UII on the strength of the recommendation made by BBB on May 07, 2021,’’ said Justice Kameswar Rao J of Delhi HC while admitting Singh’s plea...
JPMorgan named most important bank to health of world’s financial system
Being included in the table means having to hold additional capital and undergo more intense supervision to avoid a repeat of taxpayer bailouts in the banking crisis over a decade ago. In practice, the lenders typically hold capital buffers that are already above FSB...
Flu vaccine demand takes off in India as pandemic raises awareness
Apollo Hospitals and Fortis Healthcare are also witnessing higher demand for flu shots, including Abbott India's imported vaccine, Influvac, the private hospital operators told Reuters. Sales in its vaccine unit rose 42.3% in the financial year ended March, largely...
Shimla, Coimbatore, Chandigarh Top Niti Aayog’s 1st SDG Urban India Index
Top 10 Urban areas in SDG Urban Index and Dashboard 2021-22 are Shimla, Coimbatore, Chandigarh, Thiruvananthapuram, Kochi, Panaji, Pune, Tiruchirapalli, Ahmedabad and Nagpur. While, bottom 10 Urban Areas in SDG Urban Index and Dashboard 2021-22 are Dhanbad, Meerut,...
Govt seeks to block most cryptocurrencies in new bill, government says
Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India. MUMBAI: India is looking to bar most private...
Sebi chief asks investors not to invest on basis of market rumours
Sebi Chairman Ajay Tyagi "As it is said, informed investors are a protected investors. Sebi has been continuously working towards investors awareness and education as a means to investors protection," Sebi Chairman Ajay Tyagi said. Mumbai: Amid growing retail...
$1.3 trillion of Asian wealth set to change hands in succession planning
Of the more than 1,000 publicly-listed family-owned or founded companies tracked by Credit Suisse globally, the clans of Asia dominate, with a combined market value of about $5.8 trillion. The total wealth of India’s family empires is valued at some $1.5 trillion...
Govt plans to provide more tax concessions on vehicles bought after scrapping old ones: Gadkari
The road transport and highways minister said he is also requesting the GST Council to explore what more incentives can be provided under the National Automobile Scrappage Policy. New Delhi;The government is considering a proposal to provide more tax-related...
EV charging sessions to cross 1.5 bn by 2026 globally: Report
While EV charging at home will largely remain dominant, public charging roll-outs will be a major focus going forward, and their installation will be critical to enabling users who do not have off-road parking to join the electric mobility revolution," said research...
Bar Council of India suspends 28 UP lawyers for filing fake cases in MACT
The Supreme Court. had taken a serious note of the issue relating to some advocates involved in filing fake claim petitions under Motor Accident Claims Tribunal and Workmen Compensation Act.The SC bench consisting of Justice M.R. Shah and Justice Sanjiv Khanna on 16th...
General insurance industry in Singapore to reach $4.2bn in 2025:GlobalData
An analysis of GlobalData’s Global Insurance Database reveals that motor insurance was the largest general insurance line in Singapore with a GWP share of 25.8% in 2020. Electric vehicles sales grew by over 80% during September 2020–2021, supporting the demand for...
New Zealand to move into New Covid Protection System on Dec 3
The simplified framework has three levels: green, orange, and red. Vaccine certificates will provide greater freedom at each level. Wellington: New Zealand will move into the new Covid-19 traffic light system on December 3, which provides the ability for businesses...