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India pays digitally: 2025 marks the third year of the 'Har payment digital' initiative by Reserve Bank of India (RBI). Indeed, it is huge leap: India crossed 20 billion payments (approximating ₹250 trillion) through digital modes (Sanjay Malhotra, Governor, Reserve Bank of India, Mumbai, March 10, 2025). However, while there is no denying the convenience and time-saving brought in by the quantum leap in digital payments, do digital payments actually contribute to GDP growth? Are payments leadi ...Read More >
New Delhi, Jul 10 (PTI) After Bengaluru, Amazon has begun its 10-minute delivery service, "Amazon Now", in select Delhi pin codes, with the e-commerce giant saying on Thursday that it is enthused with the early response and feedback from customers. The move marks Amazon's determined strides in the booming quick-commerce market in India, where players like Zepto and Blinkit have tasted runaway success. With Amazon Now, the company said it is offering a "curated selection of everyday essentials ...Read More >
New Delhi: The digital storefronts we scroll through every day now carry a dark undercurrent. A new report by the Financial Action Task Force (FATF) has laid bare how terrorists are exploiting online platforms - from Amazon to PayPal - to fund violence in India. The global anti-terror watchdog has cited evidence from two major cases - the 2019 Pulwama suicide bombing and the 2022 Gorakhnath Temple attack. According to the FATF report, the aluminum powder used in the deadly Pulwama blast, which ...Read More >
New Delhi: A new report by the Financial Action Task Force (FATF) on Tuesday flagged misuse of ecommerce platforms, social media and online payment services to fund terror activities. "Serious and evolving terrorist financing risks have been highlighted with a warning on gaps in countries including India and their abilities to fully understand terrorism financing trends and respond effectively," the latest report stated. "Today's report outlines current and evolving methods employed by terroris ...Read More >
New Delhi [India], July 9 (ANI): Global money laundering and terrorist financing watchdog FATF has for the first time introduced the concept of state sponsored terrorism in its latest report, highlighting that such funding is a longstanding threat to international peace and security, stability of regional financial, and political systems. State sponsored terrorism means a state actively financing terrorist activities as part of its state policy. Before this, India had raised and identified sta ...Read More >
New Delhi [India], July 9 (ANI): Global money laundering and terrorist financing watchdog FATF has for the first time introduced the concept of state sponsored terrorism in its latest report, highlighting that such funding is a longstanding threat to international peace and security, stability of regional financial, and political systems. State sponsored terrorism means a state actively financing terrorist activities as part of its state policy. Before this, India had raised and identified sta ...Read More >
Thiruvananthapuram (Kerala) [India], July 9 (ANI): Following the violent protest at Kerala University, a case has been registered against 27 activists of the ruling CPM's Students Federation of India (SFI), including its state secretary P S Sanjeev, who has been named the prime accused, police said. The case also names 1,000 identifiable protesters who have been accused of damaging public property, forcibly entering the university campus, and assaulting police and university staff, police said ...Read More >
Bengaluru: They were all minors but wanted to make quick bucks to splurge on drugs, cigarettes and snacks. Setting eyes on lone victims, mainly pedestrians near bus stands or isolated streets, three Class IX students and one first-year PU student ganged up for pre-dawn robberies across East Bengaluru for over a year. However their luck ran out when they snatched the valuables of a woman on July 3. Caught by KR Puram police, they are now cooling their heels in jail.On the morning of July 3, a wom ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Prime Minister Narendra Modi has emplaned for Namibia -- the final stop of his five-nation visit -- after wrapping up his State Visit to Brasilia where he met Brazil President Luiz Inacio Lula da Silva and also attended the 17th BRICS Summit in the Brazilian city of Rio de Janeiro. Taking to X, the PMO wrote: "PM @narendramodi has boarded for Namibia, the final destination of his tour" Also, External Affairs Ministry spokesperson Randir Jaiswal wrote on X: "P ...Read More >
NEW DELHI: Global terror financing watchdog Financial Action Task Force (FATF) has raised concerns about the exploitation of e-commerce platforms and online payment services to fund terrorist activities, citing cases from India, including the 2019 Pulwama attack, in which the Jaish-e-Muhammed (JeM) bought on Amazon a chemical that was added to the RDX used to kill CRPF troopers.In a report, FATF also said the lone accused in the 2022 attack on security personnel at UP's Gorakhnath temple had tra ...Read More >
MUMBAI: Food regulator FSSAI warned e-commerce platforms of "severe action" if they fail to comply with food safety protocols. In a meeting on Tuesday with companies, CEO G Kamala Vardhana Rao directed platforms to share data pertaining to their warehouses, food handlers, and other relevant information with the authority to ensure transparency and compliance. They were also asked to "prominently display" their FSSAI licence number on every receipt, invoice, and cash memo provided to consumers."T ...Read More >
New Delhi: A new report by the Financial Action Task Force (FATF) on Tuesday flagged misuse of ecommerce platforms, social media and online payment services to fund terror activities. "Serious and evolving terrorist financing risks have been highlighted with a warning on gaps in countries including India and their abilities to fully understand terrorism financing trends and respond effectively," the latest report stated. "Today's report outlines current and evolving methods employed by terroris ...Read More >
New Delhi: Any non-compliance with food safety protocols will be viewed with utmost seriousness, potentially leading to severe action, said Food Safety and Standards Authority of India (FSSAI) CEO G Kamalavardhana Rao to the representatives of leading e-commerce platforms in a meeting here on Tuesday. The focus of the meeting was to strengthen food safety and hygiene practices throughout the entire e-commerce food supply chain. During the deliberations, he issued several crucial directives to t ...Read More >
TVS Industrial & Logistics Parks (TVS ILP), a part of the TVS Mobility Group and a joint venture between TVS Supply Chain Solutions (TVS SCS) and Ravi Swaminathan & Family, has listed its Infrastructure Investment Trust (InvIT) -- TVS Infrastructure Trust -- on the National Stock Exchange (NSE). The company develops Grade A warehousing and industrial infrastructure. This initiative is backed by marquee global and domestic investors, including the International Finance Corporation (IFC), a membe ...Read More >
New Delhi: Amidst the fall in share prices of Titan, it is investor Rekha Jhunjhunwala that had to bear a major notional brunt. Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala, who holds a large stake in the Tata group company, has suffered a major setback with Rs 900 crore being wiped out in just a few minutes on Tuesday. Rekha Jhunjhunwala reportedly holds a 5.15% stake in Titan. With major 5.52 crashing of Titan shares on Tuesday, Jhunjhunwala has been dealt with a severe blow. The cras ...Read More >
New Delhi: India's service sector is demonstrating a significant role in the country's journey towards becoming a $5 trillion economy, a report said on Monday. For decades, the sector has not only been contributing massively to India's gross domestic product (GDP), but has also become the key driving force to the nation's economy, rising from 40 per cent contribution in GDP in the 1990s to accounting for 55 per cent gross value added (GVA) in FY25, according to the Axis Mutual Fund's 'Service Se ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. The company, which aims to make preservative-free food accessible to every Indian household, plans to use the funds to fuel growth, ...Read More >
Mumbai, Jul 7 (PTI) Clean-label food startup Khetika on Monday said it has raised USD 18 million, or about Rs 154 crore, from a clutch of investors for expansion. Narotam Sekhsaria Family Office and Anicut Capital, along with existing investors Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums participated in the funding round, a statement said. Also Read | Bodoland Lottery Result Today, July 07, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winn ...Read More >
NewsVoir Pune (Maharashtra) [India], July 7: For today's go-getters and ambitious entrepreneurs and businesses, accessing quick business finance just got a lot more rewarding. Bajaj Finance Limited has launched 'Loan Utsav', a limited-time festive campaign designed to empower business owners with loans up to Rs. 80 lakh -- and exciting rewards like cashback up to Rs. 3,000 and brand vouchers to go with it. The Loan Utsav offer is valid from June 20, 2025, to July 31, 2025, and is available exc ...Read More >
Srinagar, July 6: Lieutenant Governor Manoj Sinha today attended the 125th birth anniversary celebration of Dr Syama Prasad Mookerjee, at Tagore Hall, here. Paying rich tribute to Mookerjee on his birth anniversary, Sinha recalled his immense contributions as one of the key architects of modern India. "Dr Mookerjee was a visionary statesman, educationist and fearless Parliamentarian whose ideals continue to shape the destiny of India. His profound knowledge, and resolute commitment to social c ...Read More >
New Delhi: As India and the US prepare to seal a deal aimed at boosting bilateral trade, New Delhi is aiming for a balanced outcome while Washington is focused on securing deeper market access for its goods. Though India has drawn red lines around its sensitive sectors -- agriculture, dairy, and genetically modified (GM) food -- the US continues to push for significant concessions. It has signalled a potential 6% duty relief from the 16% reciprocal tariff hike announced on 2 April, which remain ...Read More >
The Air Quality Index (AQI) in Delhi remained in the 'satisfactory' category for the 11th consecutive day on Sunday, the cleanest spell recorded so far this year. The AQI was recorded at 76 at 4 pm on Sunday, according to the Central Pollution Control Board (CPCB). It has remained below 100 throughout the last 11 days, after plunging from 134 (moderate category) on June 25 to 94 (satisfactory) on June 26. According to the CPCB, an AQI between zero and 50 is considered 'good', 51 to 100 'satis ...Read More >
New Delhi, Jul 6 (PTI) Amazon sees a future centred around 'collaborative robotics' where machines are geared to amplify human capability and potential, rather than replace them, according to Tye Brady, chief technologist at the e-commerce giant's robotics unit. Amazon, which recently deployed one-millionth robot in its global operations and introduced 'DeepFleet', an AI technology to optimally coordinate movement of robots across fulfilment network (its intelligent warehouses), asserts that ro ...Read More >
New Delhi: The Commission for Air Quality Management is yet to comment on Delhi govt's communication asking for the drive against end-of-life vehicles (ELVs) to be put on hold. However, CAQM did say on Saturday that it had a review meeting with Haryana govt on Thursday about multi-sectoral air pollution mitigation measures and strategies, including progress made towards the liquidation of ELVs.Sources in CAQM said the panel is likely to comment on ELVs next week. CAQM had earlier directed that E ...Read More >
New Delhi [India], July 5 (ANI): In a concerted effort to accelerate coordinated action towards abatement of air pollution in the region, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM) under the Chairmanship of Rajesh Verma, held two significant high-level review meetings on July 3. The senior officials of the Commission, along with the Chief Secretaries and senior officers of the two State Governments, Haryana and Punjab, were present at the meeting. According to ...Read More >
New Delhi, Jul 5 (PTI) Fast-moving consumer goods (FMCG) makers are expecting their topline growth to be impacted in the June quarter due to headwinds like unseasonal rains, a brief summer span and inflation pressure on key inputs. However, the FMCG industry witnessed a sequential recovery in demand during the quarter, with an uptick in volume growth, particularly in urban markets. Margins of FMCG majors such as Marico, Dabur, and Godrej Consumer remained below the normative level, and they ex ...Read More >
New Delhi [India], July 5: A story that goes back to the very fertile heartland of Traori, Karnal in Haryana, the place where you find paddy fields that extend as far as your eyes can see. True to originality, high quality, and the fine flavour of tradition, Double Chabi, Founded by Late. Shri Kashmiri Lal, now led by his son Brij Bhushan Goel with a vision of Global expansion, Double Chabi is a brand that signifies quality to the people. Once a modest venture in the heartland of the rice bowl i ...Read More >
MUMBAI/MILAN, July 2 (Reuters) - Indian footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft. Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's orig ...Read More >
New Delhi, Jul 4 (PTI) Fast-moving consumer goods (FMCG) makers are expecting their topline growth to be impacted in June quarter due to headwinds like unseasonal rains, a brief span of summer and inflation pressure on key inputs. However, the FMCG industry witnessed a sequential recovery in demand during the quarter, with an uptick in volume growth, particularly in urban markets. Also Read | Bodoland Lottery Result Today, July 04, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Dec ...Read More >
New Delhi: Softbank-backed e-commerce company Meesho has filed draft documents for an IPO with the market regulator SEBI, using a confidential process, Moneycontrol reported. Size of the IPO is still not very clear as the route is confidential, but many reputed websites claim that Size of IPO can range from some where around Rs 4,250crore to Rs 8,500 crore, with listing probably around September- October. By choosing the confidential pre-filing route, Meesho does not have to share details abou ...Read More >
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