Economy – Page 44 – Arab Daily Digital

Banking Giants Feel the Heat from RBI

RBI said this action is based on the deficiencies in regulatory compliance of the two banks…reports Asian Lite News The Reserve Bank of India (RBI) announced on Monday that it has imposed

27 February 2024

Business·Economy·India News

‘Regulations Propel India to Fintech Pinnacle’

Harshil Mathur said that regulations have played a crucial role in driving innovation, financial inclusion and co-creating financial literacy…reports Asian Lite News Regulations in the fintech industry have enabled India to become

27 February 2024

Business·Economy·India News

India’s Earnings-to-GDP Ratio Rebounds Since FY20

On aggregate, net earnings were 4 per cent higher than street expectations…reports Asian Lite News The corporate earnings momentum has improved significantly since FY20. Earnings have surprised on the upside in the

25 February 2024

Business·Economy·India News

India’s Market Set to Hit $10 Trillion by 2030

With a consistent history of 10-12% USD CAGR over the last 10 & 20 years, India is now the 5th largest equity market & market cap will likely touch $10 trillon by

23 February 2024

Business·Economy·India News

India’s ‘Money Mule’ Epidemic

Mule accounts are owned by people who are duped by fraudsters into laundering stolen/illegal money via their bank accounts….reports Asian Lite News Banks in India need to bolster their fraud defences as

22 February 2024

Business·Economy·India News

Amazon Unveils ‘Bazaar’

The e-commerce giant also mentioned that Bazaar will offer sellers access to tens of millions of customers, “hassle-free” delivery and levy zero referral fee….reports Asian Lite News E-commerce giant Amazon is set

22 February 2024

Business·Economy·Fashion

Jungle Ventures to Invest $20M in India’s Walko Food

This is Jungle’s second investment into Walko Food within less than 12 months….reports Asian Lite News Singapore-based VC firm Jungle Ventures on Wednesday said it will infuse another $20 million in India’s

22 February 2024

Business·Economy·India News

Bitcoin market cap scales $1 trillion

The year 2022 was marked by the high-profile implosion of crypto exchange FTX…reports Asian Lite News The value of the world’s most popular cryptocurrency, Bitcoin, has more than tripled to $52,000 since

22 February 2024

Business·Economy·World News

UK posts record budget surplus in Jan

Public debt was estimated at around 96.5% of annual gross domestic product, up 1.8 percentage points from January 2023 and holding at levels last seen in the early 1960s, the ONS highlighted…reports

21 February 2024

-Top News·Economy·UK News

Zee Denies Sony Merger Talks

Zee shares were up more than 8 per cent on Tuesday and closed at Rs 193, up Rs 14.35….reports Asian Lite News Zee Entertainment has denied reports that the company is in

21 February 2024

Business·Economy

Economy - Page 44