Prime Minister Narendra Modi will on Friday launch two schemes of the Reserve Bank of India (RBI) that may go a long way in changing how the household sector invests, and complains if anything goes wrong with their savings. These schemes - retail direct and an integrated ombudsman - will be launched by the Prime Minister virtually, in the presence of Finance Minister Nirmala Sitharaman. With the introduction of retail direct, a common man can directly take a position in government securities (G-Sec), considered to be the safest asset class a sovereign can offer.
New-age tech tools and 'mystery shoppers' are helping the country's top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips. In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. "We saw a rise of dabba trading or illegal trading platforms after the pandemic.
England batter Joe Root advocated for more flexibility in playing regulations and questioned for stopping the game early in the evening.
Tamil Nadu Governor R N Ravi has given his assent to a bill banning online gambling which was adopted in March by the state assembly for a second time, official sources said on Monday.
Yet, no bank has been taken to task for its actions, says Harsh Roongta.
Amid outrage over a plan to give powers to its arm Press Information Bureau to police fake news on social media, Union Minister Rajeev Chandrasekhar on Tuesday said that the government will hold discussions next month with stakeholders before the proposal is implemented.
In a thrilling Hero Indian Super League final, ATK Mohun Bagan beat Bengaluru FC via penalties to clinch the ISL title.
India clinched a comfortable five-wicket win over Australia in the first ODI of the three-match series.
Australia beat France 7-6 in a dramatic penalty shootout to reach the last four of the Women's World Cup for the first time.
India's fastest woman Dutee Chand, the national record holder bagged gold with a timing of 11.49 seconds. Dutee needs to clock 11.20 seconds to qualify for the Tokyo Olympics.
A bill to allow the private sector to mine six atomic minerals, including lithium, and deep-seated minerals like gold and silver was approved by the Lok Sabha on Friday.
IMAGES from the World Cup match between Australia and England played in Ahmedabad on Saturday
Lord's relaxed its strict Pavilion dress code on Tuesday with members not required to wear jackets as temperatures soared into the mid 30s Celsius for the start of the County Championship game between Middlesex and Sussex.
If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.
'It is inevitable that people around the world -- including from America and China -- will have different viewpoints over different issues'
In a cabinet meeting chaired by Chief Minister M K Stalin on Thursday, the Tamil Nadu government decided to pass again a bill in the assembly to ban online gambling and send it to Governor R N Ravi once more for his assent.
Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan, observes Tamal Bandyopadhyay.
The Netherlands caused the World Cup's second major upset in three days, as it shocked an in-form South Africa by 38 runs.
The Malaysians handed India a heartbreaking 6-7 loss in sudden death after an exhausting shoot-off.
ATK Mohun Bagan will meet Bengaluru FC in the ISL final, following their semifinal win over Hyderabad FC.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
Out of all the reported digital payment frauds in India, over half (55 per cent) were United Payments Interface (UPI)-related, a new report released on Tuesday revealed. Another 18 per cent are card related, 12 per cent are related to internet banking and nine per cent are from phishing calls. Most of the UPI-related frauds, however, have a low ticket size.
England dumped Nigeria out of the Women's World Cup in a last-16 penalty shootout
Poland, Britain against allowing Russian, Belarusian athletes at Paris Games
Bayern's Mazraoui suffers heart complications due to COVID
Describing the state visit of Prime Minister Narendra Modi to America as a "watershed moment" in bilateral ties, US Ambassador to India Eric Garcetti has said that this week will be one of those moments that can change the course of history as the two democracies get together for peace and prosperity.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
The Indians eventually lost the semi-final 0-3 in the shootout after both teams were tied 1-1 at the end of regulation time as the crowd booed the technical officials for the decision.
Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.
IMAGES from Day 3 of the WTC Final between Australia and India, played at The Oval, in London, on Friday.
India eked out a 4-2 win via penalty over Great Britain in the FIH Hockey Pro League on Saturday.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.
Gaming industry is estimated at $40 billion and is expected to reach $59 billion.
The Qatar women's basketball team forfeited a game at the Asian Games on Wednesday after being refused permission to wear the hijab, saying they were taking a stand against what they say is a discriminatory policy against Muslim women.
The Indian men's hockey team climbed two places in the latest FIH rankings following back-to-back wins in the Pro League matches.
How often have fielding errors turned matches around more often than performances with bat or ball and that is exactly what happened at the Eden Gardens in Kolkata on Friday.
Modi said different laws related to Hindus, Christians and Parsis and the Special Marriage Act 1954 has determined minimum marriage age of 18 years for a woman and 21 years for man but the Muslim Personal Law holds marriage of a girl legal after she has attained puberty.
The grievance redressal mechanism of many big e-commerce players is not up to the mark as the number of complaints received by the National Consumer Helpline has risen sharply over the last four years, Consumer Affairs Secretary Rohit Kumar Singh said on Thursday. Addressing an event organised by the Public Affairs Forum of India (PAFI), Singh said the number of complaints registered on the National Consumer Helpline (NCH) has gone up to 90,000 in November compared to 40,000 in the same month last year. "Four years back, the number of complaints pertaining to e-commerce transactions was 8 per cent of the total complaints.
Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.
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