In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
IMAGES from the Women's Singles Final of the French Open at Roland Garros in Paris on Saturday.
'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'
It pains former F1 driver Karun Chandhok to see that interest in motorsport in India has declined drastically.
Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
"When you switch over, it creates disruption. I don't see disruption lasting too long. You may see the impact for a quarter or so. Then when you look at next 12-15 quarters, it's certainly going to benefit," Jaitley said at the HT Leadership Summit in New Delhi.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
From what we've caught in a glimpse of its adrenalin-pumping promos, Jawan pays rich ode to SRK's inbuilt feminist. An army of females swarming its multi-heroines star cast screams iron fist in velvet glove in all its mainstream glory.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'
With the general election campaign less than six months away, the BJP has more to think about than it had on the eve of 2019. It's the states that will be robbing BJP strategists of their sleep at this point, not the Lok Sabha, asserts Shekhar Gupta.
Sunny travels in a jumpsuit.. What Mouni did in Abu Dhabi... Like the way Tina wears the sari?
'The minute I tell couples to use condoms or suggest permanent birth control, they ignore it or just change the topic.'
Samarveer, originally from Molki village in Rajasthan's Baran district, was found hanging from a ceiling fan in a room he shared with his cousin who had gone to duty at the time of the incident, the police said.
If you have a fever and symptoms of a UTI, or if your symptoms persist despite treatment, you should see a doctor.
Hospitals to recover from sluggish Q3; diagnostics' growth rate at pre-Covid levels.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
Mister Mummy is neither a comedy nor an emotional drama, observes Deepa Gahlot.
The central government has for the first time allowed a private company, Bajaj Healthcare, to process opium to extract alkaloids used to make pain-killers, cough syrups, and even cancer drugs. Two government factories in Ghazipur, Uttar Pradesh, and Neemuch, Madhya Pradesh, do the work yet, processing some 800 tonnes of opium gum annually to extract alkaloids. The government on Tuesday gave Thane-based Bajaj Healthcare an initial contract to process 500 tonnes of opium gum annually and wants production to be at 800 tonnes per annum (tpa) in the next five years, indicating the state's exit from the highly-regulated sector.
Accepting that your partner has cheated on you is a powerful symbol of mercy, restraint and goodwill. By moving forward, a person grows larger, moving on positively, highlights Kanchan Rai, mental and emotional wellbeing coach and founder of Let Us Talk.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
It's normal to want to protect children from the pain of making mistakes, but children need to make mistakes to grow, become resilient.
'Somehow, Rahul Gandhi is not able to connect with the youth of the country.' 'While Modiji is 72, Rahul is only 52.' 'But the popularity of the prime minister among the young population is a lot more than Rahul's.'
'If you take music away from me, there's nothing else I can do.'
'Criticism is one thing, and cynicism is quite another.' 'However, we are undaunted by this negativity because we know the truth.'
'We have delivered a bitter medicine. It will take time to work.'
Indian frontline benchmarks - the S&P BSE Sensex and the Nifty50 - have rallied around 12 per cent each since June-end and outperformed their global peers by a wide margin. On Thursday, the US Fed hiked interest rates by another 75 basis points (bps) - the third such hike this year - and surprised the markets by projecting further sizable hikes in the coming months. With the latest hike, the Fed fund rate (FFR) now stands in the range of 3 - 3.25 per cent and is highest since January 2008.
'He is at his best now, he is in the right frame of mind.' The tough times he has gone through will only make him a better player and a stronger personality.'
Interacting with civil society members at the Bharat Jodo Yatra Conclave at the Constitution Club in New Delhi, Gandhi said the yatra is like tapasya for him, according to sources.
To-be moms can enjoy these yummy treats without any guilt.
CM Pinnarayi Vijayan said 'deliberate' efforts were being made to destroy the state's unity and secular fabric.
Krishna Kumar offers some tips on how to cope with being served the pink slip.
'Just because a subject is uncomfortable for some and doesn't suit their political ideology, should a film not be made?'
Apart from Mirabai, the four other Indian lifters were placed in groups C and D, failing to finish even in the top 20 at the Worlds, earlier this month.
Modi, who addressed a public meeting in Hyderabad after laying foundation stone and inaugurating several development projects, also said the lack of cooperation from the state government is leading to delay in the completion of several central projects in Telangana.
'I was told so often by people, "Please leave your brains at home".' 'And I would say, "I only have myself to offer. I can't dance like Madhuri Dixit or Shilpa Shetty. I can only come and act."'
Wimbledon debutant Eubanks ends Tsitsipas's challenge in fourth round.
The Indian diplomat was told that these remarks are totally unacceptable and have not only deeply hurt the sentiments of the people of Pakistan but of Muslims across the world, the Foreign Office (FO) said in a statement.
