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Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
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IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
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Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
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Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement
The Qatar Financial Centre (QFC), located in Doha, has activated the ‘Digital Assets Lab’ that is aimed at enabling the development, testing, and commercialisation of Web3 services. As part of this initiative, leading Web3 firms such as Polygon, Partior, and ALT Realtech have been selected to develop blockchain-based solutions tailored to their...
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UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
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75-Year-Old Loses Rs 13 Crore In Telangana's Biggest Cyber Fraud
In what may turn out to be the biggest cyber financial fraud from an individual reported to Telangana's Cyber Security Bureau, a 75-year-old man has lost Rs 13 crore. The victim had retired as a senior manager of a public sector unit.
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Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
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Telecom Sector Soars In 2023-2024 With Record Subscriber Growth
The Indian telecom sector has achieved growth during the financial year 2023-2024, as revealed in the latest annual report released by the Telecom Regulatory Authority of India (TRAI).
-
Adani Group's Q1 FY25 Results Show Robust Growth Across Emerging Sectors
The Adani Group has released its Q1 FY25 Results and Credit Compendium, showcasing strong financial performance.
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RBI Deputy Governor On 4 Risks Financial Institutions Face In Digital Tech
The financial sector is a prime target of frequent cyberattacks due to the vast amounts of sensitive data and capital it handles.
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Pakistan Fear Mounts As Final Outcome Of Loan Talks With China Appears Bleak
Concerns are escalating within Pakistan's financial sector as negotiations with Chinese authorities over rescheduling energy sector loans have encountered complications, Dawn reported.
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Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
-
Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
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South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
UK Election Brings Few Hopes Or Fears To Cautious City Of London
The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line.
-
Indian Students Being Put Off Applying To UK Universities: Report
Indian students are being put off applying to UK universities, adding to their financial woes at a time when education institutions are already coping with constrained budgets, a new report into the stability of the higher education sector in England
-
IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
-
Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
-
Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement
The Qatar Financial Centre (QFC), located in Doha, has activated the ‘Digital Assets Lab’ that is aimed at enabling the development, testing, and commercialisation of Web3 services. As part of this initiative, leading Web3 firms such as Polygon, Partior, and ALT Realtech have been selected to develop blockchain-based solutions tailored to their...
-
UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
-
75-Year-Old Loses Rs 13 Crore In Telangana's Biggest Cyber Fraud
In what may turn out to be the biggest cyber financial fraud from an individual reported to Telangana's Cyber Security Bureau, a 75-year-old man has lost Rs 13 crore. The victim had retired as a senior manager of a public sector unit.
-
Unified Lending Interface Will Be Launched In Due Course: RBI Chief
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric.
-
Telecom Sector Soars In 2023-2024 With Record Subscriber Growth
The Indian telecom sector has achieved growth during the financial year 2023-2024, as revealed in the latest annual report released by the Telecom Regulatory Authority of India (TRAI).
-
Adani Group's Q1 FY25 Results Show Robust Growth Across Emerging Sectors
The Adani Group has released its Q1 FY25 Results and Credit Compendium, showcasing strong financial performance.
-
RBI Deputy Governor On 4 Risks Financial Institutions Face In Digital Tech
The financial sector is a prime target of frequent cyberattacks due to the vast amounts of sensitive data and capital it handles.
-
Pakistan Fear Mounts As Final Outcome Of Loan Talks With China Appears Bleak
Concerns are escalating within Pakistan's financial sector as negotiations with Chinese authorities over rescheduling energy sector loans have encountered complications, Dawn reported.
-
Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey.
-
Banking Sector Witnessing A Decade-High Performance: RBI
As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
UK Election Brings Few Hopes Or Fears To Cautious City Of London
The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line.
