Budget 2022: Need for a systematic framework for cryptocurrency to build financial ecosystem

Budget 2022: Need for a systematic framework for cryptocurrency to build financial ecosystem …

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Budget 2022: Banking sector not expecting big bang reforms but implementation of last year’s announcements

Budget 2022: Banking sector not expecting big bang reforms but implementation of last year’s announcements …

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Budget 2022: Single window clearance for hotel projects will improve operational ease, reduce delays

Budget 2022: Single window clearance for hotel projects will improve operational ease, reduce delays …

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Ahead of Budget Session of Parliament, a Timeline of Everything That Happened Around India’s Crypto Bill

Ahead of the upcoming Budget Session of the Parliament scheduled for February 1, a lot of conjecture around whether the crypto bill will be spoken of has been making the rounds. While we await what’s to come, here is a timeline of everything that has transpired around India’s explosive crypto…

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Cryptocurrency Bill at Union Budget 2022: Here’s What to Expect

The union government is unlikely to introduce any cryptocurrency regulation or bill in the upcoming budget session of parliament that end on April 8, but taxations rules for crypto holdings could be discussed soon as continued pressure for regulation begins to mount. Read More | Source: Gadgets 360…

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Mumbai: Fake notes with face value of Rs 7 crore seized by crime branch, 7 held

The Mumbai police on Wednesday arrested seven persons of an inter-state gang, in printing and distribution of counterfeit notes, an official said on Wednesday. Fake Indian currency notes with a face value of Rs 7 crore were seized from them. Acting on specific information, Unit-11 of the Mumbai crime branch…

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RBI approves merger plan for PMC Bank

New Delhi, January 25The RBI has decided to merge the fraud-hit PMC Bank with Unity Small Finance Bank Ltd promoted by Centrum Financial Services and Resilient Innovations.Due to fraud by HDIL Ltd and its Group companies, there was complete erosion of capital and substantial erosion of the bank’s deposits, leading…

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IMF slashes India’s economic growth forecast to 9% in FY22

Washington, January 25 The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9% for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of a spread of new variant of coronavirus on business activity…

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Ortiz accepts Hall call; Bonds, Clemens shut out

With the class being announced Tuesday night, Former Boston Red Sox slugger David Ortiz is the lone player to receive the necessary votes for induction into the Baseball Hall of Fame this year, while Barry Bonds and Roger Clemens fell short. Read More | Source: ESPN…

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RBI approves merger plan for Punjab and Maharashtra Co-op Bank

New Delhi, January 25The Reserve Bank of India (RBI) has decided to merge the fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank with a small finance bank called Unity Small Finance Bank Limited promoted by Centrum Financial Services along with Resilient Innovations.Due to fraud by Housing Development and Infrastructure Limited and…

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No major jump in formal sector job creation in last 3 years

Sandeep Dikshit New Delhi, January 24 The green shoots of economic recovery anticipated by RBI chief Shaktikanta Das and Union Finance Minister Nirmala Sitharaman have been slow in taking root in the formal sector, if the statistics on payrolls from three different sources is any indication. The Ministry of Statistics…

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