The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
The blockchain industry is seeking regulatory clarity on cryptocurrency trading in India and proposing that the government drafts legislation for monitoring digital assets as global financial hubs such as the US, UK and Hong Kong embrace crypto assets as legitimate trading instruments.“As more than 80% of G20 members and financial hubs are offering regulatory clarity on crypto assets, there’s an urgent need for a globally coordinated, clear policy framework on digital assets to mitigate risks...
Minister of State-Owned Enterprises (SOEs) Erick Thohir on Saturday urged state companies to adopt a more aggressive approach to seeking new business
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. The province says millions of dollars will be spent on vape detectors in schools, but school boards say they still need more direction on just what the money is intended for. The response follows the weekend announcement from the Ministry of Education on vaping and cell phones in schools – calling them both big distractions. […]
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator set new quarterly records for total orders, total dollar value of orders completed on its marketplaces, and revenue during the three-month period ended March 31, […]
Kotak Mahindra Bank share price today: The Reserve Bank of India's (RBI) decision to temporarily halt Kotak Mahindra Bank's onboarding of new customers through online and mobile banking channels, as well as the issuance of new credit cards, has led to a significant drop in the bank's share price. The stock fell by up to 10% to Rs 1,659 on the Bombay Stock Exchange (BSE) on Thursday as investors reacted negatively to the news.At 9:43 AM, shares of Kotak Mahindra Bank were trading at Rs 1,658.25,...
Hong Kong’s ban on single-use plastics is going smoothly, Chief Executive John Lee has said, despite confusion surrounding how the rules are being implemented and poor compliance. Speaking at his weekly press briefing on Tuesday, the city’s leader said more people were purchasing reusable alternatives, suggesting that Hongkongers were beginning to change their daily habits. […]
The workshop was in continuation of a previous meeting of Start-ups and Fintech companies with Union Finance Minister Nirmala Sitharaman.
by Anonymous Clarity is a simple word used to describe a simple concept. The dictionary defines it as: “the quality of being coherent and intelligible.” The purpose of communication is to impart information, or perhaps to persuade someone to do or not to do something through the application of a well-reasoned argument. It would seem that both ends would be served by clarity. And since humans rely on communication as the basis of their social pattern...
The petitioner cited the election of the Bharatiya Janata Party’s Surat candidate after the Congress candidate’s nomination was rejected and others withdrew.
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