Business News
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Paytm Payments Bank fined Rs 5.49 crore for violating law against money-laundering
The penalty comes as a further setback to the digital bank, which has been directed by the Reserve Bank of India to stop accepting fresh deposits from March 15.
Scroll Staff
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Paytm founder Vijay Shekhar Sharma steps down from payments bank board
The development comes ahead of the March 15 deadline set by the Reserve Bank of India for Paytm Payments Bank to wind down operations.
Scroll Staff
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EPFO recommends increasing interest rate to 8.25% from 8.15%
If ratified, this will be the highest rate of interest on the employees’ provident fund in the last three years.
Scroll Staff
Trending
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When an emperor came calling on a newly independent India to learn from its early successes
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How the high demand for coaching classes reflects India’s employment and economic distress
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‘Crew’ review: A sexy, funny and honest airline heist movie
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Bharti group’s Rs 150 crore bond donation to BJP coincided with Modi government’s telecom U-turn
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Kotak firm’s Rs 60 crore donation to BJP coincided with crucial RBI decisions on Kotak Mahindra Bank
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Finance ministry tells EPFO to not announce interest rate without its approval
The ministry flagged that the provident fund body had slipped into a deficit in 2021-’22 even as it had initially projected a surplus.
Scroll Staff
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Raghuram Rajan says he is worried about the sequential slowdown in India’s economic growth
The former RBI governor asked why SEBI has not yet investigated four Mauritius-based funds that have reportedly parked 90% of their money in Adani Group stocks.
Scroll Staff
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Actor Arshad Warsi banned by market regulator for stock manipulation
His wife and 29 others were also implicated in the case.
Scroll Staff
Video
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Watch: Comedian sings Ed Sheeran song in the style of artists ranging from Sonu Nigam to Kumar Sanu
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Watch: Woman holds abdominal plank position for over four and half hours
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Watch: Kuno National Park posts video to celebrate cheetah cub Mukhi’s first birthday
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Watch: Migrant workers travel in train toilet owing to unavailability of seats
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Watch: PTI posts video accusing male ANI reporter of assaulting and abusing its woman journalist
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Adani Group row: Centre says no objection to forming panel to protect investors
However, Solicitor General Tushar Mehra said that the government would provide the names for members of the committee.
Scroll Staff
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Adani-Hindenburg row: SC notes heavy loss to investors, seeks SEBI’s views on improving regulations
Chief Justice DY Chandrachud also proposed forming an expert committee.
Scroll Staff
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Morgan Stanley cuts free float status of four Adani firms, but spares delisting them from indices
Free float is the proportion of shares that can be bought publicly in the securities markets by international investors.
Scroll Staff
The Reel
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‘Patna Shuklla’ review: A competently argued legal drama
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‘Inspector Rishi’ review: A superbly crafted battle between fact and fable
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‘Alibaba Aani Chalishitle Chor’ review: A lightweight study of modern marriage
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‘Crew’ review: A sexy, funny and honest airline heist movie
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‘Amar Singh Chamkila’ trailer: Diljit Dosanjh plays the slain Punjabi singer in Imtiaz Ali’s biopic
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Elon Musk cleared of charges over 2018 tweets claiming he would take Tesla private
Musk was accused of committing fraud by making false public statements with the potential to hurt investors.
Scroll Staff
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Ola and Uber deny reports about possible merger
‘The Economic Times’ had said that Ola co-founder Bhavish Aggarwal had met the top executives of Uber in San Francisco about the deal.
Scroll Staff
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US Federal Reserve announces biggest interest rate hike in 28 years to control inflation
Financial services company Wells Fargo & Co said that the country could face a mild recession in 2023 due to the high rate.
Scroll Staff
The Field
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Tennis, Miami Masters: Rohan Bopanna and Matthew Ebden through to the final
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Badminton, Spain Masters Super 300: Crasto-Ponnappa, Sindhu move into quarter-finals in Madrid
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IPL 2024: Riyan Parag, bowlers set up win for Rajasthan Royals against Delhi Capitals
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IPL 2024: KKR bring in Allah Ghazanfar as replacement player; RR rope in Keshav Maharaj
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Athletics: Neeraj Chopra to open his 2024 season at Doha Diamond League in May