The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.
It also issued notices to the family members of the couple and listed the matter for further hearing on August 2.
A round-up of the Ranji Trophy matches played on Friday.
A movie that seeks to explore an 'alternate history' cannot be so superficial, sighs Utkarsh Mishra.
'The war of 1962 exposed the hollow intellectual foundations of Nehruvian foreign policy, especially vis-a-vis China and that is why it was such a shock.'
But what have the slogans achieved? Utkarsh Mishra/Rediff.com does a quick reality check.
Special Ops 1.5 is an interesting start to 'The Himmat Story', notes Utkarsh Mishra.
The towers -- both taller than Delhi's iconic Qutub Minar -- will be brought down in less than 15 seconds by waterfall implosion technique. They will be the tallest structures yet in India to be demolished, officials said.
Joginder Tuteja lists some lesser known facts about this blockbuster starring Sunny Deol and Ameesha Patel.
Himachal Pradesh, who were bowled out for 130 in their first innings, were 79 for one at stumps on day three needing another 393 runs for an improbable win.
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
Nagaland's scorecard resembled a telephone number, 0, 7, 0, 0, 0, 1, 0, 7, 10, 0 and 0 not out as they crashed for 25 against Uttarakhand.
The dominance of Saurashtra's bowlers could be gauged from the fact that Himachal lost their first seven wickets for just 22 runs.
The match was over as a contest after Jharkhand scored a mammoth 880 in their first innings - the tournament's fourth highest score on an Eden Gardens belter against a Nagaland attack in which five out of seven bowlers were hit for a not-so-pleasing "hundred".
This was Shorey's highest first-class score in 45 matches, with his previous best being 145. The double-century will do more good to his already healthy batting average of 48.49.
A summary of all the action from Day 2 of the Ranji Trophy matches played on Wednesday.
Last season, Punjab finished 6th, narrowly missing on the playoffs.
He's not a cakes-and-candles kind of person, the legendary superstar confesses to Subhash K Jha.
'Before my scene with Amitabh Bachchan, my father asked me, "You are acting opposite Amitji. Are you scared?"' 'I foolishly said, "No. He is an actor and so am I. He will say his lines and I will say mine. Why should I be scared?".'
Punjab Kings kept their prospects of making the play-offs alive after a a five-wicket victory over Kolkata Knight Riders in Dubai on Friday. They are placed fifth with 12 points, after five wins and seven defeats. Victory in Sunday's outing will certainly enhance their chances.
Delhi done in by poor batting as Karnataka win by 4 wickets
Two Akhil Bharatiya Vidyarthi Parishad members, arrested for allegedly attacking a group of Left-affiliated AISA supporters, were on Wednesday suspended from the RSS-backed outfit for their act of "indiscipline".
Liam Livingstone and Evin Lewis's explosive batting will meet its match in Chris Gayle's power and KL Rahul's finesse when Rajasthan Royals lock horns with Punjab Kings to improve upon their mid-table position in the Indian Premier League in Dubai on Tuesday.
Microfinance portfolio of SFBs saw a muted growth of about 3% last year
Human presents an ugly truth -- that some people need to die a painful death in order to facilitate the process of finding a cure for deadly diseases, observes Utkarsh Mishra.
'Aurangzeb supported construction of the Kumarswamy math and the reconstruction of the Kedar temple and supported the Jangambadi math in Banaras.'
As Bhagwant Mann repeatedly invokes Bhagat Singh in his speeches, Utkarsh Mishra picks five takeaways from the legendary revolutionary's thoughts that may help Punjab's new chief minister identity his goals.
'In the end, you are left weeping not for the desh bhakt hero or his broken leg/heart, but because the movie is finally over and you can get back to your life,' says Stanessa Fernandes.
The deluge of offerings in the primary market, a muted results season and increasing talks of a Fed taper may quicken the pace of overseas investors selling Indian equities in the near term. The next few weeks may see a dozen companies tap the market for initial public offerings and raise about Rs 30,000 crore. These include the likes of Zomato, Glenmark Life Sciences, Utkarsh Small Finance Bank and Seven Islands Shipping.
Join Utkarsh Rai, author of 101 Myths & Realities @ The Office, for a chat on just what works and what doesn't at your workplace at 4pm on Thursday, September 13.
Join Utkarsh Rai, author of 101 Myths & Realities @ The Office, for a chat on the myths and realities of appraisals at 3pm on Wednesday, September 12.
Defending champions Karnataka also remained in the hunt for the last-eight berth, securing a five-wicket win over Uttar Pradesh that took their net run-rate to 0.292.
Eyeing a top-two finish, Chennai Super Kings will start as the firm favourites when they take on Punjab Kings in the Indian Premier League, in Dubai, on Thursday.
The SC issued a notice informing listing of petition filed by Indian Young Lawyers Association seeking review of its 2018 judgment. The bench will also look at other contentious issues of alleged discrimination against Muslim and Parsi women.
Punjab, who are on eight points from 11 games, need to win the match to keep their play-offs hopes alive, while KKR (10 points from 11 games) also need a victory to boost their hopes.
Successive elections have demonstrated that the BJP campaign switches towards polarisation when it is faced with palpable discontent among the electorate, notes Utkarsh Mishra.
Will *you* watch Thackeray this weekend?
A summary of sports events and persons who made news on Tuesday
Defending champions Mumbai Indians will need their famed top-order batting to fire and turn things around when they take on Punjab Kings in the IPL in Abu Dhabi on Tuesday.
Almost out of reckoning for a place in the play-offs, bottom-placed Sunrisers Hyderabad will look to play party-poopers when they take on an equally struggling Punjab Kings in the battle of laggards in the IPL in Sharjah on Saturday.
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