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.
The flip-flop by the government has led senior British Indian MP Keith Vaz to revive his demand that the government end all confusion over the issue.
Sanjeev Chaturvedi said though he had investigated "hundreds" of corruption cases, never did his "very appointment to probe a case evoke the kind of nervousness, fear, confusion and apprehension as in this case".
Speaking at the Conservative Political Action Committee in Orlando, Florida on Sunday, the 74-year-old leader, who left the White House on January 20, stopped short of announcing to run for the president in 2024, although he gave enough indications that he is moving in that direction.
On other days Digvijaya Singh is among staunchest critics of the Rashtriya Swayamsevak Sangh and Union Home Minister Amit Shah, but on Thursday he revealed how Shah as well as RSS workers had helped him during his `Narmada Parikrama' four years ago.
The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
The Rupee is seen recovering from its all-time lows against the dollar.
In the first edition of his popular monthly radio address after Bharatiya Janata Party's mega victory in the Lok Sabha election, PM Modi said he was undergoing a bout of emptiness as he was not able to address the nation through Mann Ki Baat.
Bishop Michael Nazir-Ali, who was Bishop of Rochester for 15 years, said the Queen took an oath to "uphold God's laws" when she was crowned.
Johnson reacted to media speculation on Twitter by dismissing any rebellion.
Ahmed Shah Massoud's assassination, 9/11 and the defeat and ejection of the Taliban suggested a break in Afghanistan's history, but the events of August 2021 and the Taliban's return shows how deeper continuities remained in place, points out T C A Raghavan, former Indian high commissioner to Pakistan.
Outgoing British Prime Minister David Cameron on Wednesday said that post-Brexit the United Kingdom should "try and be as close to the European Union as we can be".
The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.
Britain's senior Indian-origin Minister, Priti Patel, has made an official complaint to the British Broadcasting Corporation over its seemingly one-sided coverage of India's new Prime Minister, Narendra Modi.
One way forward could be for the CWC to name an interim working president for the party and then ideally dissolve itself, following which the main leadership positions within the party, including the CWC itself, should be opened up to fresh elections
"Contradicting the emerging narrative, Indian-Americans remain committed to the Democratic Party. Nearly three-quarters of registered Indian-American voters intend to support Joe Biden this Fall, compared to just 22 per cent for Donald Trump," it said.
If her mother anoints her as the Congress's chief ministerial candidate for the UP assembly election, it could be Game On! in Lucknow.
Budweiser World Cup campaign curbed, not crashed, by Qatar beer ban
May now faces the final and biggest hurdle of getting the deal approved by the UK Parliament where many MPs from her own party remain vehemently opposed to it.
Trump said she probably found this advice "too tough".
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Prime Minister Narendra Modi on Thursday inaugurated and laid foundation stones of development projects worth more than Rs 38,000 crore in different sectors in Mumbai, giving a big push to infrastructure, urban travel and healthcare ahead of civic polls in the city in which the Bharatiya Janata Party and the Eknath Shinde-led Shiv Sena faction will seek to showcase these ventures to take on their political rivals.
Her departure from the cabinet marks an abrupt halt to the meteoric rise of the Gujarati-origin MP, often touted as a potential future leader of the Conservative Party and a prime ministerial candidate.
Archana, a beauty pageant titleholder who won Miss Bikini India 2018, Miss Uttar Pradesh 2014 and Miss Cosmo World 2018, had joined the Congress party in November 2021.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
Democracy is the heart of our body politic and elections are its life blood. Because there is some disease that affects it, we cannot apply leeches to drain it off, killing the body in the process, asserts Shreekant Sambrani.
British Prime Minister David Cameron plans to slap a pay freeze on his ministers until 2020 in an attempt to show that the new government will share in new austerity cuts.
This is probably for the first time that the two former party colleagues-turned-opponents shared the stage after Rane's exit from the Shiv Sena, of which Thackeray is the president.
Here's the latest news from the world of glamour and fashion.
Boris Johnson on Tuesday announced July 4 as the date for a significant lifting of lockdown restrictions in the country, with cinemas, museums, bars, pubs and restaurants being allowed to open their doors to the public once again.
Generally, before adjourning the house sine die the chair reads out the statistics about the business transacted in the house in detail.
The prime minister won by 325 votes to 306 -- a majority of 19.
The Indian High Commission made its displeasure known despite the British government earlier reiterating that the three New Delhi laws on agricultural reform were a "domestic matter".
The educated, respectable and established Muslims voices, that were on the modernising side on the Shah Bano issue, are fighting on the opposite side now, mostly because they worry about Narendra Modi, observes Shekhar Gupta.
Scores of Punjab farmers protesting against the government over various issues, including a bonus on wheat and beginning paddy sowing from June 10, spent the night on the road after they were stopped from marching towards Chandigarh.
United Kingdom will go to the polls on Thursday. This election is being dubbed the most unpredictable of all time.
Critics who cannot stop gloating, pronouncing Modi to be a lame-duck prime minister, may be making a huge mistake, predicts Virendra Kapoor.
Biden is best qualified to address the root cause of the polarisation in American politics before it turns into terminal malignancy, observes Ambassador M K Bhadrakumar.
It was heartening to see so many women -- young and old, many in hijab and burqa shaking their bodies, raising their arms and singing with complete abandonment.
