Search Results for: banking

Daily wage earner becomes 'billionaire' for few hours

Bihari Lal (45) a daily wage labourer who works at a brick kiln unit in Rajasthan, withdrew Rs 100 from his Jan Dhan account in Bank of India from a Jan Seva Kendra in his village. Minutes later, he received an SMS that showed a balance of Rs 2,700 crore in his account.

Aug 3, 2022

Cyber Security: UIDAI seeks 20 ethical hackers to protect its data, plug security bugs

Amid increasing cyber attacks against key infrastructure and government websites in India, the Unique Identification Authority of India (UIDAI) has quietly announced a "bug bounty programme" to hire 20 ethical hackers to protect its website and resources from nation-state bad actors.

Jul 23, 2022

Photo taken on May 27, 2020 shows workers at Sydney Opera House in Sydney, Australia.

Workforce shortage: Australian small businesses struggling to find workers

Almost 40 per cent of Australian small and medium business owners are facing labour shortages, according to one of the nation's largest banks.

Jul 21, 2022

RBI, Bank Indonesia to cooperate against money laundering, terror financing

The Reserve Bank of India (RBI) on Saturday said it has signed an MoU with Bank Indonesia (BI) to improve mutual cooperation between the two central banks.

Jul 16, 2022

E-commerce —the force multiplier for MSMEs

Flipkart has pioneered many first in the market and introduced several policy changes to unlock the growth potential for MSMEs across the country and handheld them in availing new benefits and tapping innovations, and opportunities in an increasingly digital economy.

Jul 14, 2022

RBI's measures to boost forex inflows may not increase inflows: Emkay report

The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global Financial Services Ltd.

Jul 7, 2022

OnePlus Nord 2T review: Heading in the right direction

OnePlus Nord 2T fills in some important gaps, striking a perfect balance between premium and budget smartphone range.

Jul 6, 2022

Indian, Saudi and South African banks to post larger increase in margins in FY23: Moody's

Banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23, said rating agency Moody's.

Jun 27, 2022

SL won't receive fuel shipments this week and next: Minister

Amid the ongoing economic crisis in Sri Lanka, Minister of Power and Energy Kanchana Wijesekera said the island nation will not receive shipments of petrol, diesel and crude oil, scheduled for this week and next week.

Jun 26, 2022

Despite awareness measures, cybercriminals still at large in India

Fake accounts of senior J&K officers used to cheat govt employees; IGP Kashmir advises caution [details]

A day after misusing details of senior IAS officer Shahid Choudhary to defraud his colleagues and friends, cybercriminals on Thursday created a fake WhatsApp account of Deputy Commissioner Udhampur.

Jun 23, 2022

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

In a surprise move, French businessman Michel Combes, who joined as SoftBank Group International CEO in January this year, has resigned, the company announced on Wednesday.

Jun 22, 2022

BharatPe sees more high-profile exits after Ashneer Grover saga [details]

After facing the months-long Ashneer Grover saga, fintech platform BharatPe is witnessing some high-profile exits and now, its founding member Satyam Nathani has resigned.

Jun 12, 2022

Home loans: HDFC raises home loan interest rate by 50 bps, effective from today

Lending major Housing Development Finance Corporation (HDFC) has increased its Retail Prime Lending Rate (RPLR) on housing loans -- on which its Adjustable Rate Home Loans (ARHL) are benchmarked -- by 50 basis points.

Jun 10, 2022

Stock Markets: Sensex, Nifty continue in losses, shed over 1% each

At 10.02 a.m., Sensex was 1.1 per cent down at 55,037 points, whereas nifty down 1.1 per cent at 16,388 points.

Jun 7, 2022

EPFO payroll data: EPFO adds 15.29 lakh net subscribers during the month of January, 2022

Govt reduces PF rates further to 8.1% in FY2022, a four-decade low

At 8.1 per cent rate of interest on employees' provident fund deposits for FY22, the interest rate would be the four-decade low

Jun 4, 2022

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