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 experience and dedication of our boxers make me confident in their abilities to excel at the Asian Games.'
Luis Rubiales' kiss of Jenni Hermoso triggered a torrent of allegations from other women in sport of predatory behaviour by men.
The Tamil Nadu government has said it cannot take any unilateral decision on the plea by Nalini, a life convict in the Rajiv Gandhi assassination case, for her premature release.
#TwitterBan was trending on Twitter with almost 17,000 tweets.
Amid noisy scenes, Law Minister Ravi Shankar Prasad introduced the Muslim Women (Protection of Rights on Marriage) Bill 2017 for discussion and passage, but pandemonium broke out in the Upper House with the opposition creating an uproar and the BJP countering it vociferously.
'What the Supreme Court decision does is encourage more and more young Indians to get involved in citizenship and democracy and do so more fearlessly.' 'Obviously, this is not a licence to be rude or go defaming people or be obnoxious online or do illegal activities online.' 'But this is a licence and green light for people to get more involved in the country, its politics and governance, its businesses, and be freely expressing your views on it.'
The high deficit was bad enough, Parliament's standing committees won't be scrutinising budget proposals either.
The plea has been filed by the Centre in a PIL, which was earlier instituted by lawyer Gaurav Kumar Bansal, saying it may not be desirable to continue the process of ex gratia payment without any outer limit.
Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.
The publishing of compliance reports by Google, Facebook and Instagram is bound to turn up the heat on Twitter, which has been engaged in a tussle with the Indian government over the new social media rules.
The government can verify 5 per cent of claims in four states -- Maharashtra, Kerala, Gujarat and Andhra Pradesh -- where the gap between number of claims and recorded deaths was wide, said a bench of Justices M R Shah and B V Nagarathna.
Gaming platforms will also be required to display a warning after a certain time of usage to reduce the risk of addiction.
'If ever there was a decisive moment in the history of the Supreme Court where it has been under attack by the Executive, and the judges have boldly stood up for independence of the Judiciary, that time was now.' 'These four judges did a brilliant thing, they set an example.' 'They showed that they were fulfilling their duty to the Constitution and to God.' 'Don't allow fear to dictate your actions was their message.'
A case against Majithia under various sections of the NDPS Act was registered on the basis of a 2018 status report of probe into the drug racket in the state.
The CBI has alleged that Gorantla's role in the formulation and implementation of the now-scrapped Delhi Excise Policy 2021-22 caused 'wrongful gain' to Hyderabad-based wholesale and retail licensees and their beneficial owners.
The accused PFI leaders also conspired to establish Islamic rule in India by committing terrorist acts as a part of violent jihad, as per the report.
'There is nothing traitorous about highlighting the poor record of your own government. If the Indian government does something wrong, we all have the right to point this out at any forum, international or national.'
United States Secretary of State John Kerry has emphasised on vital balance between privacy and the protection of people, saying the three branches of the US government were working to keep Americans safe.
The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.
Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.
The Congress on Friday said it did not participate in the Constitution Day event in the central hall of Parliament in protest and to remind the country that the Constitution is not being respected and is being undermined instead.
Following is the chronology of the main events illustrating Sunak's second shot at UK prime minister's post.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
Sukanya Verma gives us a lowdown on all those wonderful movies she saw and movies you need to see as and when they arrive to a screen or streaming space near you.
A group of 72 former civil servants has sought Attorney General K K Venugopal's intervention to advise the government to check the witch-hunt of people exercising their right to free speech by the police.
This is the highest number of tiger deaths in three years.
The Supreme Court on Wednesday pulled up state governments for failing to disburse claims to the next of kin of COVID-19 victims, and issued a show cause notice to the Andhra Pradesh chief secretary as to why contempt action be not initiated against him.
The apex court observed that any law declared by it is "binding" on all stakeholders and the collegium system must be followed.
CJI Ramana said the journey from the bar to the bench is often not natural and for years together, the life of a judge is spent in isolation and social alienation.
Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership, amid emerging challenges of inflation and pricing pressures in the global markets. While R&D investment, market competitiveness, regulatory scrutiny, and domestic price regulations are expected to shape the growth of generics and injectable products, concerns such as price control and customs duties on medical equipment will continue to bother the healthcare industry in 2023. The industry believes that in view of India's G20 Presidency, digital health innovation, achieving universal health coverage, improving healthcare infrastructure and delivery will continue to be the key driving factors in 2023.
'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.
The appointments to the Supreme Court and the high courts cannot be speeded up unless both the Judiciary and the Executive agree to a new mechanism which affords both near-parity in decision-making, argues Virendra Kapoor.
'In terms of ticket sales, Hindi is at 50-60 per cent while the South markets are at 80-90 per cent of pre-pandemic levels.' The patchy performance of Hindi, the largest segment of the business is the nub of what is bothering Indian cinema.
Over the last 50 years, the number of sittings of Parliament has been declining and has halved since the 1950s and the 1960s, the report stated.
As the Supreme Court on Wednesday put on hold the application of sedition law, Union Law Minister Kiren Rijiju invoked "Lakshman Rekha" guiding different institutions, including the Executive and the Judiciary, and said no one should cross their "boundary".
'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
'Banning a game is not the solution, rather, there should be laws that restrict the number of hours spent a week playing a game.'
The move is significant as it would extend the power of CAG -- set up to audit central and state government departments as well as PSUs -- to private sector companies.
The Philippines' foreign ministry confirmed in a statement that one of its nationals had died while working at a resort south of the capital Doha. It said its embassy was "working with legal authorities to ascertain more details of his passing".
