Investors not fazed by bitcoin-rupee swap dive
The bitcoin-rupee swap rate went into a free fall after regulators in China forced BTC China, one of the world’s biggest exchanges for the digital currency, to down shutters on Thursday. The swap value dropped to Rs 2.2 lakh per bitcoin from Rs 3.44 lakh...
Punjab National Bank(PNB) customers will have to pay charges after 5 ATM transactions per month
Introduction In the latest financial related news, PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank’s ATMs. At present, account holders of the country’s second largest public sector bank can make...
Digital Transactions Surge by 55% and Mobile Banking by 122% in India
8th November 2016 witnessed one of the most shocking finance news. This day became revolutionary in the history of India as a bold move to curb corruption and implement demonetisation. Thus, began India’s journey towards a digital economy. This move led to a decrease in dependency...
Over 22 Lakh Signatures in Petition Against GST on Insurance
According to the business finance news, the All India Insurance Corporation Employee Union has claimed that the insurance sector of India has been severely hit by the imposition of 18 % GST. The union has said more than 22 lakh people signed the petition to...
Google Payments App ‘Tez’ to launch on 18th September by Finance Minister Arun Jaitley
Union Finance Minister Arun Jaitley will launch Google’s Unified Payments Interface (UPI)-based digital payment service called “Tez” on Monday.”FM Shri @arunjaitley to launch the Google Digital Payment app ‘TEZ’ on Monday, 18th September, 2017 in the national capital,” the Finance Ministry confirmed in a tweet...
Technology takes over the financial industry
A latest financial news shows that automation technology is expected to take over the financial industry. When the chairman of one of the world’s biggest banks was asked recently how technology would change finance, he pointed to the rise of Ant Financial, the digital payments...
Inadequate measures against cyber crimes threatens progress of technology in financial sector
According to the latest financial news, technological interventions that are gradually making an entry into the global financial sector, including big data, artificial intelligence, blockchain technology and internet of things, promise far greater convenience in day-to-day banking transactions for customers. Cutting-edge technology is being leveraged...
Stocks to Bet On To Make the Most of the Indian Shopping Season
One of the most important retail spending events in India is the festive season that’s around the corner. If customers follow the festive season by spending a lot of money and companies show strong numbers; there would be an indication that it is a profitable...
