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Business

India successfully built best digital economy, finance architecture in world: Nobel winner Spence

Noting that India is a major economy with the highest potential growth rate right now, Nobel laureate economist A Michael Spence said the country has successfully developed by far the best digital economy and finance architecture in the world.


RBI Governor says hardly any room to review action taken against Paytm Payments Bank

Reserve Bank of India Governor Shaktikanta Das on Monday said there was "hardly any room" to review the action taken against Paytm Payments Bank.


LATEST HEADLINES

Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC


Adults can be in live-in relationship even without attaining marriageable age: Rajasthan HC


Three militants arrested in Manipur for threatening Sangai festival participants


Karnataka's Bill against Hate Speeches conspiracy against Hindutva activists: Pramod Muthalik


Farmers in Chincholi demand better MSP, accuse sugar factory owners of not fulfilling assurance


Rajasthan High Court receives bomb threat; police swing into action


Annadaneshwara Swami of Neela Manika Mutt passes away at 75




RBI to introduce offline e-rupee transactions soon: Shaktikanta Das

Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity as the RBI on Thursday announced that offline capability will be introduced on the Central bank digital currency (CBDC) pilot project.

RBI projects 7 pc growth for next financial year

The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal.

Paytm shares fall for 3rd day; hit lower circuit limit

New Delhi: Shares of One97 Communications Ltd, which owns Paytm brand, fell by another 10 per cent to hit its lower circuit limit, as investors continued to dump the stock following the RBI's crackdown.

 

Paytm shares tank another 20 pc; hit fresh lower circuit limit

Shares of One97 Communications Ltd, which owns Paytm brand, slumped another 20 per cent on Friday, as the RBI has directed Paytm Payments Bank Ltd (PPBL) to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.

Gold tumbles Rs 350; silver plummets Rs 1,000

Gold prices tumbled Rs 350 to Rs 63,950 per 10 grams in the national capital on Friday amid weak cues in global markets, according to HDFC Securities.

The New York Times sues OpenAI and Microsoft for using its stories to train chatbots

The New York Times is striking back against the threat that artificial intelligence poses to the news industry, filing a federal lawsuit Wednesday against OpenAI and Microsoft seeking to end the practice of using its stories to train chatbots.

Rupee falls 15 paise to 83.34 against US dollar

The rupee declined 15 paise to settle at 83.34 against the US dollar on Wednesday due to sustained outflow of foreign funds and increased demand for American currency from importers and banks.

Govt directs digital platforms not to carry ads of fraudulent loan apps

The government has directed social media and online platforms to ensure that they do not host advertisements of fraudulent loan apps, Union Minister Rajeev Chandrasekhar said on Wednesday.

 

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