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Cashfree Payments continues to lead bulk disbursals in India with over 50% market share

by | Apr 28, 2022 | 2:40 pm | Economy, News

• Cashfree Payments' bulk disbursal product Payouts grows by more than 100% in FY22 • Peak processing at over 1000 Payouts per second • Merchants from e-commerce and financial services sectors leading the growth BENGALURU, India, April 28, 2022 /PRNewswire/ -- Leading payments and API banking solutions company, Cashfree Payments, today announced that it continues [...]

Net zero by 2050 will hit a major timing problem technology can’t solve. We need to talk about cutting consumption

by | Apr 28, 2022 | 1:33 pm | Economy, News

Kensington (Australia), Apr 28 (The Conversation) Many climate activists, scientists, engineers and politicians are trying to reassure us the climate crisis can be solved rapidly without any changes to lifestyle, society or the economy. To make the vast scale of change palatable, advocates suggest all we have to do is switch fossil fuels for renewable [...]

IP protection: India among most challenging economies, says USTR

by | Apr 28, 2022 | 5:32 am | Economy, News

Washington, Apr 28 (PTI) India remains one of the most challenging major economies with respect to protection and enforcement of intellectual property, the office of the US Trade Representative said in a report as it decided to retain New Delhi on the Priority Watch List. In its 2022 Special 301 Report, the USTR designated seven [...]

UK ministerial ethics advisor clears Rishi Sunak on wife Akshata tax status

by | Apr 27, 2022 | 11:21 pm | Economy, News

London, Apr 27 (PTI) An independent ministerial ethics advisor to the UK government on Wednesday cleared Chancellor Rishi Sunak of any wrongdoing over his wife Akshata Murty’s tax status and his possession of a US permanent resident's Green Card while in office.The Indian-origin finance minister had referred himself to Lord Christopher Geidt to investigate any [...]

General insurance industry’s GDPI to grow by 10-12 pc in FY23: Report

by | Apr 27, 2022 | 8:40 pm | Economy, News

Mumbai, Apr 27 (PTI) General insurance industry's gross direct premium income (GDPI) is expected to grow by 10-12 per cent in the current fiscal on account of rising awareness of medical insurance and improvement in economic activity, says a report. The GDPI of public sector (PSU) insurers is expected to grow moderately at 4-6 per [...]

Nepal imposes ban on imports of luxurious items to save foreign currency

by | Apr 27, 2022 | 7:53 pm | Economy, News

Kathmandu, Apr 27 (PTI) Nepal has formally banned the import of cars and other luxurious goods, including whisky and tobacco and have introduced two public holidays, citing a liquidity crunch and declining foreign exchange reserves, despite government assurances that the economy will not go into a tailspin like Sri Lanka.Since July 2021, Nepal has seen [...]

NEC sanctions Rs 2.03cr for modernisation of Tripura tea estate

by | Apr 27, 2022 | 6:53 pm | Economy, News

Agartala, Apr 27 (PTI) The North Eastern Council (NEC) has sanctioned Rs. 2.03 crore for the modernisation of Brahmakunda tea estate in West Tripura district, Tripura Tea Development Corporation (TTDC) chairman Santosh Saha said.The state government had sent three proposals to the NEC for the modernisation of Durgabari tea estate and Brahmakunda tea estate and [...]
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