1Pay is a full-stack payment platform and one of the few that focuses on digitally unifying the unorganized Logi-Fintech space Mumbai, 8th July 2022: Reserve Bank of India (RBI) has given in-principle approval to fintech startup 1Pay Mobileware Pvt1Pay is a full-stack payment platform and one of the few that focuses on digitally unifying the unorganized Logi-Fintech space Mumbai, 8th July 2022: Reserve Bank of India (RBI) has given in-principle approval to fintech startup 1Pay Mobileware Pvt
Tag: india business news
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Yellen To Push Price Cap, On Russian Oil During Asia Visit
Treasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challengesTreasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challenges
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FinMin Exempts Excise Duty, On ATF Purchases By Indian Carriers For Overseas Flights
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriersThe Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriers
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Elon Musk Says He’s Terminating $44B Twitter Buyout
San Francisco, Jul 9 (AP) Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediatelySan Francisco, Jul 9 (AP) Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition. Twitter did not immediately
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RBI’s Market Operations Helped Banks, In Funding During Covid, Says Study
The RBI’s regular market operations in sync with the monetary policy stance helped the banking system to balance the financing needs of the various sectors of the economy during the Covid-hit 2020-21, said a study published by the central bank onThe RBI’s regular market operations in sync with the monetary policy stance helped the banking system to balance the financing needs of the various sectors of the economy during the Covid-hit 2020-21, said a study published by the central bank on
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Gold Prices Today: Yellow Metal Prices Dip By Rs 436, Silver Gains Rs 233
Gold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal had finished at Rs 50,987 per 10 grams, according to a PTI report.{image-gold5-1552290841.jpgGold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal had finished at Rs 50,987 per 10 grams, according to a PTI report.{image-gold5-1552290841.jpg
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Indigo Raises 8% Salary Of Pilots; Still Salary Not Restored To Pre-Covid Levels
Low-frill air carrier Indigo has hiked pilot salaries as travel picks up by 8%. Also, at the same time it has again put in place the overtime allowance to the pre-Covid levels. Also, the carrier in order to make theLow-frill air carrier Indigo has hiked pilot salaries as travel picks up by 8%. Also, at the same time it has again put in place the overtime allowance to the pre-Covid levels. Also, the carrier in order to make the
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Brent holds above $100 amid struggle between supply, recession worries
Oil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted, according to a report in Reuters. Brent crude futures roseOil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted, according to a report in Reuters. Brent crude futures rose
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CBI Arrests Power Grid Exec Director, Tata Projects Executive VP Among 6, In Bribery Case
The CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Desh Raj Pathak and Assistant VP R N Singh, in connection with alleged bribery to favourThe CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Desh Raj Pathak and Assistant VP R N Singh, in connection with alleged bribery to favour
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Nifty Realty Emerges As Top Gainer; Sobha Up Over 9%, Phoenix Hits Fresh High
Nifty Realty index in trade on July 7 emerged as the top sectoral gainer. Indices too had a good day following mixed global cues and after Fed minutes released Wednesday suggested that rate hikes shall continue owing to inflationary risk. {image-realestate-1619078567.jpgNifty Realty index in trade on July 7 emerged as the top sectoral gainer. Indices too had a good day following mixed global cues and after Fed minutes released Wednesday suggested that rate hikes shall continue owing to inflationary risk. {image-realestate-1619078567.jpg