PhonePe On The Evolving Role Of Invisible Security In Digital Payments As digital payments become key to everyday commerce, payment security is evolving and needs checks and authentication. Deep Agrawal-Head of Payments, PhonePe stated how payment gateways are becoming strategic growth enablers for merchants. Deep…
Category: Business
Nikkei, Kospi Crash Up To 4.5% On US Midterm Election Jitters; Sensex, Nifty Defy Global Sell-Off
US Midterm Election Jitters markets Investors globally reacted sharply to the early indications of a Democratic victory in the US midterm elections as the Asian markets registered a sharp sell-off on Wednesday. Japan’s Nikkei 225 and South Korea’s Kospi plunged up to 4.5% amid concerns…
Services PMI Climbs To 4-Month High Of 55.8 In October
India’s services sector gathered momentum in October, with business activity expanding at its fastest pace in four months as domestic demand strengthened and companies secured more orders. At the same time, businesses saw some relief on the cost front, with input price inflation cooling to…
RBI Forms Panel To Oversee Money, Forex And Bond Markets
RBI forms committee to address emerging financial market challenges The Reserve Bank of India (RBI) has set up a new Technical Consultative Committee for Financial Markets (TCCFM) to strengthen its engagement with market participants and industry stakeholders. The committee will meet at least once every…
Canva Layoffs: Over 1,270 Employees To Be Affected As AI Triggers Major Restructuring
Canva Layoffs: Canva is gearing up for a potential stock market listing, making the timing of the restructuring particularly significant for its financial outlook. (File Photo) Canva Inc. is planning a major organisational restructuring that will affect more than a fifth of its workforce, as…
Car Loan Rates This Diwali: Check Interest Rates Offered By PNB, SBI, HDFC
Amid the ongoing festive season, one of the key interest driving the consumers is car loan. Individuals are looking for the amount with an appropriate interest rate for their dream car. Prospective car buyers looking to finance their new vehicles may want to compare interest…
‘AI Is Taking Over Construction Coordination Work’: Powerplay CEO
‘AI Is Taking Over Construction Coordination Work, Not Skilled Jobs’: Powerplay CEO Artificial intelligence is transforming India’s construction sector by improving project coordination and procurement planning as well as repetitive tasks such as data entry. However, as in other sectors, concerns remain about AI’s potential…
Cabinet Approves Rs 2,814 Crore Plan To Boost Critical Minerals Including Lithium, Nickel
Union minister Ashwini Vaishnaw. (File Photo) The Union Cabinet on Wednesday has approved the ‘Capex Support Scheme to Promote Critical Mineral Processing’ with a financial outlay of Rs 2,814 crore over a period of five years targeting the setting up of four plants for lithium…
Google Buyouts: Alphabet Extends Voluntary Exit Offers To 5 More Countries
The move comes at a time when Google and several other Big Tech companies are ramping up investments in AI. (File Photo) Google is expanding its voluntary employee exit programme to more international markets as the technology giant looks to manage expenses while continuing to…
Trump’s Midterm Setback: What Does It Mean For India And The World?
Trump’s Midterm Setback: What Does It Mean For India And The World US President Donald Trump’s midterm setback has raised questions about the future direction of his administration’s domestic and foreign policies. What could this setback mean for US-India relations, the global economy and India…