Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
The US Chamber of Commerce has written the President complaining of India's discrimination against a wide range of US exports.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
USIBC wants Obama to raise America Inc's concerns with Manmohan Singh.
India is the second most optimistic nation.
Kumar Mangalam Birla spoke high of the Modi government during the summit.
India is one of the fastest-growing countries in the plastic money segment, with close to 350 million debit cards and 19 million credit cards in circulation.
An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.
Use a "virtual credit card" for every online transaction when you can't pay cash on delivery.
It is ranked 7th on the list of world's top-10 consumer finance firms
Indians are increasingly rising to the top of global corporate ladders and just 10 of them are together managing business worth over $400 billion -- an amount nearly double the total exports from India in a year.
The business confidence index stood at 145.2 points in July-September quarter of 2011 as compared to 145.3 points reported over April-June period of this year, pointing to a continuation of cautious outlook on the economy in the short term, the latest NCAER-MasterCard Worldwide Index of Business Confidence said.
E-commerce firm eBay and its online payment unit PayPal has dragged search engine Google to court over the latter's mobile payment system alleging the internet giant used trade secrets to build a rival service.
Prime Minister Narendra Modi on Monday gifted famous Indian tea to the captains of 11 large American corporations.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
This is the lowest level of BCI in the last six quarters, the latest NCAER-MasterCard Worldwide Index of Business Confidence said.
Is Julian Assange a dangerous "cyber terrorist" or is he a champion of the free press?
The business confidence index for Indian companies has bounced back to 156.8 points in the April-June quarter of 2010 after falling to a low of 81.6 during the same period last year.
Citigroup has appointed Shirish Apte and Stephen Bird as chief executive officers for the financial services entity's Asia-Pacific operations, with immediate effect.
The cost of acquiring new cardholders is quite low for domestic card issuers by international standards, but net credit losses are comparatively high, a study commissioned by the Indian Cards Council (ICC) revealed.
According to the MasterCard Worldwide Index of Consumer Confidence survey, a widespread optimism was visible in consumers across Asia Pacific, West Asia and Africa markets for the next six months.
All credit cards and debit cards issued by any Indian Banks (except Canara Bank) and authorised issuers of Visa and MasterCard International or any other affiliated with Visa are accepted for booking of rail reservation tickets.
World's largest asset manager Blackrock will host a global investors meet in India next year, CEO Laurence Flik conveyed to Prime Minister Narendra Modi.
Indian consumers are the most optimistic lot in the Asia Pacific region, says a study that gauged their mood for the second half of 2009.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Come August 1, it will be compulsory to have a personal identification number (PIN)/password for all online credit and debit card transactions in the country.
The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank
Countries across the world -- from the United States, the United Kingdom, Canada to Singapore and New Zealand, are witnessing phenomenal strides by Indian-origin politicians, who are now taking on influential and prominent roles in governments and cabinets.
The government on Thursday decided to act tough on the casinos, credit cards and money changers by bringing them under the ambit of money laundering law.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
The winner of Wednesday's Champions League final will earn more than 85 million pounds ($166 million) in sponsorship and TV deals, higher players' values and growth in ticket sales, a study has shown.
After the Amendment Bill is passed by Parliament and comes into effect, businesses like casinos would also come under a legal obligation to report their activities in the country. For fighting the menace of terrorism, the Bill introduces new category of offences which have cross-border implications. The draft legislation also empowers the Enforcement Directorate 'to search premises immediately after the offence is committed.'
The additional step is the result of a Reserve Bank of India's guideline issued this February that mandates additional authentications/verifications based on information about the card-holder that is not contained on the card. This measure is expected to contain online card fraud.
I am like everyone else just that I control my emotions better: Dhoni
London has been named the world's leading center of commerce in a survey by Mastercard. The survey found that London outpaced New York in four of the six dimensions used by the Worldwide Center of Commerce Index: economic stability, ease of doing business, financial flow and business center. While the other three are self-explanatory, business center "depends on the clustering effect of business formation, supported by efficiency in logistics and transportation linkages."
Credit card company MasterCard surveyed 900 people and interviewed 300 families in the key Chinese cities of Beijing, Shanghai and Guangzhou whose annual income is above $16,000.
Many other Indians are heading the businesses at companies abroad.
Driven by high trading volumes for equities and good presence of global banking and financial services firms, Mumbai has grabbed a place in the world's top ten financial flow hubs list, beating Hong Kong and Beijing in China.
LIC will kickstart its credit card business in September 2008.
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