-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »To understand the outbreak of zoonotic diseases, track human activities causing environmental changes, key message of UNEP-ILRI report
A report by the United Nations Environment Programme (UNEP) and International Livestock Research Institute (ILRI), which was released on July 6th (observed as World Zoonoses Day by research institutions and non-governmental organisations across the globe) this year, says that around 60 percent of known infectious diseases in humans are estimated to have an animal origin. Likewise, almost three-fourth of all new and emerging infectious diseases are zoonotic i.e. these diseases...
More »Coronavirus cases rising in Delhi, Kerala reports biggest jump among all states - Pooja Dantewadia and Tanay Sukumar
-Livemint.com A return of the coronavirus in Europe has spooked Global Markets. Even as India recovers, some regions are at a similar risk, including the national capital Several parts of Europe are under threat of fresh lockdowns as the dreaded “second wave" of the coronavirus sweeps through the continent. Markets globally are reacting in panic, with European stock futures touching a five-month low on Wednesday. Indian markets have also been jittery in...
More »Google Under Fire in US for Predatory Monopoly Practices -Prabir Purkayastha
-Newsclick.in Tech monopolies are increasingly being acknowledged as a danger to people, other companies and even to democracy. The regulatory worm seems to be turning in many countries, even in the US where it had gone into hibernation. The US Department of Justice has filed a lawsuit against Google-Alphabet (Alphabet is Google's parent company) for a range of anti-competitive practices using its monopoly power in the search market. This is the only...
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