5-Day Working Week For All Bank Employees Likely From December

If you also own a bank locker and keep important documents related to land, price papers and jewelry etc. in there then this news will definitely affect you.  Update In Bank Locker Rules Recently, the Reserve Bank Of India has changed the rules related to bank lockers. These changes have been made keeping in mind […]

The digital payments major Paytm’s lending and financial services arm Paytm Payments Services (PPSL) had applied for authorisation as a payment aggregator services provider for online merchants to the Reserve Bank of India. However, in a recent filing to the domestic exchanges, the digital financial services provider announced that it was refused to be granted […]

The latest major company, not an IT one but in the banking sector, Credit Suisse announced Wednesday that it is looking at a 1.5 billion Swiss franc ($1.6 billion) loss for the final three months of the year. Multiple sources of trouble In a market update the firm said, “These decisive measures are expected to […]

Amid the ongoing layoffs of masses in top multinational corporations like Facebook’s parent company Meta and the social networking giant Twitter, there are reports of the world’s largest online retailer Amazon Inc joining the list too. Reports state that the e-commerce behemoth could fire as many as 10,000 employees of its company at a global […]

This is a Guest Blog by Ms. Yogita Tulsiani, MD & Co-founder, iXceed Solutions (Global Tech-Recruiter Provider) As it has historically been dominated by men, the Indian technology industry has a long history of discrimination against women. However, as new technologies have emerged, there has been a significant change in how women behave, with IT […]

Currency in circulation declined during the Diwali week, supposed to be a busy shopping period, for the first time in 20 years this year. This can be explained by the growing preference for digital payments. The report where these revelations come from is penned by Soumya Kanti Ghosh, chief economist of SBI Research. Digital shift […]

According to a report by KPMG, 66% CEOs in India expect a recession next year. However, 58% of them believe that the economic downturn will be mild and short. As per KPMG in 2022 India CEO Outlook, the major concerns faced by the CEOs include pandemic fatigue, economic factors like the threat of rising interest […]

As compared to the sales of gold and silver jewelry last year Karwa Chauth, this festival saw a jump of around 36 per cent. Due to covid, the business had taken a toll, but this news has brought the much-needed sigh of relief to the industry. The data by the traders’ body Confederation of All […]

Google has always taken security very seriously. This time around, the company has introduced a new passkey feature for Android devices and Chrome to offer additional security to users. Instead of using passwords, users will now be able to use this option to authenticate their identity by using PINs or biometric authentication to log in […]

In a move that it said would help in bringing financial services and literacy to more citizens in the country, India launched 75 digital banking units in villages and small towns across the country on Sunday. Digital Banking Unit In Villages Basically, these digital banking units, set up in collaboration with over 20 public and […]

The privatization of IDBI Bank will reportedly begin by March and is expected to end by the next financial year.  In 2019, LIC acquired a controlling stake in IDBI Bank and became the bank’s biggest shareholder. The bank was categorized by the RBI as a private-sector institution as a result of this development. Government Invites […]

Kia India has announced that it is recalling 44,174 units of its latest offering, Kia Carens to inspect a potential issue in the air bag control module software on Tuesday.  Kia Recalling Kia Carens If the automaker finds any error during the inspection, the carmaker plans to fix the issue through a free software upgrade.  […]

A recent NPCI circular directed that no charge will be applicable for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI guidelines. How Does It Work? When it comes to RuPay credit card, it has been operational for the last four years. Now, all […]

The Reserve Bank of India notified on Thursday that it canceled the license of Maharashtra-based Laxmi Co-operative bank, saying that the lender does not have adequate capital and earning prospects. What comes next? Consequently, the bank may no longer carry on banking business, with effect from the close of business on September 22, 2022. In […]

According to the data complied by Tracxn, the month of August for startups in India was a tough one as funding rounds declined 20 percent when compared with July 2022. The Funding Winter is Here As compared to the previous month, in the month of August 2022, startups witnessed $885 million in funding, 102 funding […]

As the world’s largest cryptocurrency nosedives again amid global economic turmoil, it has been reported that more than half of all Bitcoin daily trading volumes are reportedly fake. 50% of Trading Volume Fake More than 50% of all reported trading volume in the Forbes analysis of 157 crypto exchanges and trading platforms is likely to […]

Indian IT Giant Wipro is inviting applications for Freshers for hiring across India. Multiple batches 2020/2021/2022 are invited to apply for the position. So if you are interested or in case know someone who might be, then please percolate the news and apply as soon as possible. Mentioned below are the detailed eligibility and application process. […]

A Meta Platforms Inc (META.O) spokesperson said that the company is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase Creating Paid Products & Features for Meta In an emailed statement the spokesperson told that “Any new […]

A new bounty programme has been announced by Google, wherein any researcher who spots a vulnerability in Google’s Open Source projects will be given a huge reward. This reward will be of as much as $31,337, which comes to be around Rs. 25 lakh! Google Announces Bounty Of 25 Lakh! As per reports, rewards will […]

For the second month in a row, SpiceJet employees alleged a delay in the disbursal of salaries on Wednesday. In its defense, the budget airline mentioned that the payments were being made in a “graded format”. SipceJet Delayed In Salary Disbursal In the month of July, there was a delay in disbursal of salary for […]