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The Reserve Bank said the first pilot of the Central Bank Digital Currency — Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities.",
One 97 Communications, popularly known as Paytm, is already under the scrutiny of India’s banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated this was another reason for the deferral.",
The benchmark equity indices on the BSE and National Stock Exchange ended over 0.75 per cent higher on Thursday taking cues from their global peers and a drop in energy prices.",
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Prime Minister Narendra Modi has admitted that there is neither proof nor a money trail in the alleged excise scam, Delhi Chief Minister Arvind Kejriwal said Friday, hours before the Capital votes in the Lok Sabha polls.",
Brent futures, which have risen nearly 6% this week, were up 15 cents, or 0.19%, at .42 a barrel at 0146 GMT. U.S. West Texas Intermediate (WTI) crude rose 17 cents, or 0.23%, to .54, having gained about 8% this week.",
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“There seems to be relentless demand from offshore market and also from carry traders looking to unwind their shorts in dollar-rupee. In the morning expiry related buying pushed the pair higher,” said Anindya Banerjee, Vice President, Kotak Securities Ltd. Oil prices are gaining traction again due to the supply crunch as OPEC members. Libya and Ecuador are suspending oil output amid political unrest. Besides, all eyes are on the G7 meeting for further cues as the member nations are contemplating a new set of sanctions, including a proposal to place a price cap on imports of Russian oil. High demand from the US and relaxation of restrictions in China could further fuel oil prices on the higher incline and act as a major headwind for the domestic currency, said Sugandha Sachdeva, Vice President, Religare Broking Ltd."
Vijay Sethupathi, who is often regarded as one of the best actors in the country, recently revealed that he misses his past self. The actor, whose film Maharaja hit the big screens on June 14, looked back at the more innocent times in his life. Sethupathi rose to fame a little over a decade ago, after working as a background and supporting actor for over half a decade. Before that, he was working as an accountant in Dubai."
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Comedian Jo Koy, who hosted the 2024 Golden Globes award received mixed responses to his onstage performance on the big night. While presenting coveted award night, his jokes were received as dull and he accepts that it did affect him. However, he stands by his performance and said that he loved doing what he did."
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He said even today those who give applications to set up ARCs have to justify how they consider themselves fit and proper to be ARC sponsors to get a license. There are 25 ARCs operating in the country at present. Mishra said there is a need to deepen the market for security receipts which are issued by ARCs by developing a secondary market and also allowing more players. On the peer-to-peer (P2P) lending, he said RBI has got several applications and is in the process of giving licenses to that qualify."
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Lava Helium 12 notebook has been launched in India at Rs 12,999. Helium 12 weighs 1.3 kg and is just 2 cm thin. It gets a 12.5-inches screen and an attached keyboard."
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>Equity benchmarks Sensex and Nifty soared to fresh closing record highs for the third successive session on Monday, with the 30-share index crossing the historic 65,000 mark on strong foreign fund flows and a rally in global equities."
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