Stories
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RBI to provide liquidity support to banks to deal with NBFCs
The budget threw non-banking finance companies (NBFC) a Rs 1 lakh crore lifeline with a promise to stand part guarantee…
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Government proposes to allow 100% FDI in insurance intermediaries: FM
The Union budget has paved way for new-age insuretechstartups to raise funding from global investors by relaxing the Foreign Direct…
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Billoomi Fashion takes part in 63rd IIGF For The First Time
July 5, 2019 Billoomi Fashion takes part in 63rd IIGF (India International Garment Fair) 2019. This is first time that…
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Pay 2% surcharge for annual cash withdrawals exceeding Rs 1 crore: FM
In a significant move to encourage digital payments in the country especially among businesses, the Finance Minister announced the imposition…
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SoftBank plans to invest $2-4 billion more in India in two years
SoftBank Vision Fund will invest at least $2-4 billion in India over the next two years as it looks to…
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TikTok’s spreading fake news, MPs say in House
Chinese short-video app TikTok shares user data of Indians with China and helps spread “fake news” and “malicious content” in…
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Ola gets one year license from London’s transport body
Homegrown ride-hailing app, Ola has been granted a one-year Private Hire Vehicle (PHV) license from the Transport of London, the…
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DPIIT summons food aggregators like Swiggy, Zomato to resolve complaints of restaurant owners
The policy menu for online food aggregators may get new entries – the Department for Promotion of Industry and Internal…
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Rivals Helo, ShareChat offer money for referrals as the social media battle heats up
Helo and ShareChat, vernacular social media rivals fighting it out for first-time Internet users in the regional language space, are…
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Rise of merchant payments as companies burn cash on P2P txns
Unified Payments Interface, mainly used for person-to-person (P2P) payments, is now finding wider adoption in merchant payments, a perceptible shift…
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