Tag: Business news

kotak: ‘Dominance of PhonePe and GPay wake-up call for banks’

MUMBAI: Veteran banker Uday Kotak on Friday raised several concerns over the domination of Google Pe and Phone Pe in the payments business. He said that while banks have been caught napping, policymakers also need…

He paid $69.3 million for an NFT so you can download it for free

Vignesh Sundaresan, also known as MetaKovan, spent $69.3 million on a Beeple non-fungible token earlier this year, but he’s not very possessive about it. The beauty of an NFT is that everyone gets to enjoy…

At Rs 1.31 lakh crore, November’s GST collection second highest since rollout

NEW DELHI: The Goods and Services Tax (GST) collection in November grew by nearly 25% to Rs 1.31 lakh crore — the second highest monthly mop-up since the regime came into force. The healthy collection…

All we know about India’s biggest IPO: LIC calls on policyholders to update PAN, open DEMAT accounts

NEW DELHI: India’s largest insurance major, Life Insurance Corporation of India, on Wednesday issued a public notice to all policyholders of LIC of India to update their PAN and open demat accounts so they can…

Costly relief: Arrivals from at risk countries can take rapid PCR test for Rs 3900 at IGIA & get result in 90 minutes

NEW DELHI: In a major — but pricey — relief, passengers from at-risk countries flying into Delhi airport have been allowed to opt for rapid PCR tests whose result comes in 90 minutes. “The rapid…

cil: CIL draws Rs 20,000 crore rail infra plan to boost supplies

NEW DELHI: Coal India Ltd will invest nearly Rs20,000 crore in rail infrastructure with a view to raising annual transportation capacity by an additional 330 million tonne over the next three years as the world’s…

mallya: Contempt case against Vijay Mallya to be dealt with finally on Jan 18: SC

NEW DELHI: The Supreme Court on Tuesday said it can wait no more for fugitive businessman Vijay Mallya to get extradited from UK and that it will proceed in the case on January 18, for…

cbdc: There’s no plan to recognise bitcoin as currency: Govt

NEW DELHI: The Centre has not received a proposal to recognise bitcoin as a currency in India, the government told Parliament on Monday, while adding that the Reserve Bank of India has recommended widening the…

India Travel Guidelines: Airport testing mandatory for those arriving from ‘at risk countries’: India’s new travel guidelines | India Business News

Even as the Centre on Monday clarified that no cases of the new Omicron variant have been detected in India yet, the government has revised the travel guidelines for international travelers flying into India as…

Data breach: ‘Make independent and non-executive directors liable

NEW DELHI: Independent directors and non-executive directors on board a top social media, internet or electronics hardware company should also face legal and criminal proceedings for willful offences around data violations and in cases of…