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Online shopping in India is booming: facts & figures
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The possibility of a cashless society speeds up in India
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The future is the decentralised web economy Are you prepared ?
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Mar 04 2021, 4:47 PM
March 04 2021, 1:24 PM
March 04 2021, 4:47 PM
The Reserve Bank of Indiaâs invitation to set up a new umbrella entity for retail payments has drawn in a rush of entries. From Amazon and Google, to Mastercard and Visa, global giants are coming together with a bunch of local aspirants to apply for an NUE licence ahead of the revised March 31 deadline, reports Bloomberg.The idea is to have another institution like the National Payments Corporation of India to spearhead innovation in.
The Reserve Bank of Indiaâs invitation to set up a new umbrella entity for retail payments has drawn in a rush of entries. From Amazon and Google, to Mastercard and Visa, global giants are coming together with a bunch of local aspirants to apply for an NUE licence ahead of the revised March 31 deadline, reports Bloomberg.
Cayman Islands grey list tag may hurt FPI investments into India The Cayman Islands, one of India’s richest routes for foreign investments, has been put on the grey list of countries/regions for increased monitoring by the Financial Action Task Force (FATF), an inter-governmental body that sets anti-money laundering standards. It is also the third-most preferred source of foreign direct investments into India, based on the data for the first half of FY21. Read more
Sebi plans change in norms to trim promoters sway on independent directors The market regulator suggested a “dual approval” process for the appointment and removal of independent directors. At present, an independent director can be appointed or removed by way of an ordinary resolution, where all shareholders, including promoters, are allowed to cast their vote. Read more