Crypto Giant Binance Sued By US Regulator For Breaking Trade Rules

Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said the charges against Binance, the world's largest crypto exchange, were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market."...
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Swiggy announced to shut down its food delivery service “Scootsy”

The online food delivery business central, Swiggy, has announced to close its Scootsy business. The decision was made as the company has seen a surge in demand for curated food choices from......
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RBI reveals data on transactions through RTGS, NEFT, AePS, UPI, IMPS

The Reserve Bank of India has published the everyday settlement data of preferred payment systems for June 3 and June 4. The settlement data show the volume and significance of transactions undertaken......
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Government cuts down the EPF contributions to 10% from the previous 12%

There comes yet another relief to the employers and employees afflicted due to nationwide lockdown, under PM's 20 lakh crore package for Atma Nirbhar Bharat. Reduction in EPF contributions ...
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IBC will not constitute the debts related to COVID-19 pandemic in the default category

Lately, this Sunday, the government announced that for one year, debts related to the COVID-19 pandemic will not be included in the default category under IBC (Insolvency and Bankruptcy Code). Further, it......
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Govt to advertise on social media platforms; drafts ad policy guidelines

On 13th May, the information and broadcasting ministry issued a draft ad policy guideline for government ministries and the department to improve social media outreach.‌‌According to the......

Latest FDI Guidelines For Indian Start-up Economic Can Get Sabotaged

After Indian start-ups, the government has been approached by foreign investors requesting clarification on the latest FDI regulations and their assets. Former FinMin official Chandra Garg said that at......
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MSMEs waiting for the green signal by govt to overtake Chinese consumer goods

Although 2020 may be a lost year in terms of trade, India can think long-term and build relations in order to occupy the space vacated by China. Vietnam can be an inspiration......

Ratan Tata earns 50% ownership of ‘Generic Aadhar’ Advocated By 18-years Old Mumbaikar

Ratan Tata, Chairperson of the Tata Company recently purchased 50% shares of the Mumbai teen's exclusive pharmacy chain. Ratan Tata has taken over the stakes of 'Generic Aadhar,' which is endorsed by......
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Payments acknowledged through the wallet will be charged a 1% MDR fee, says Paytm

The extending lockdowns have disrupted the order and flow of nearly everything. Adversely affected sectors are commerce and e-commerce. Consequently, online payment volume has already plunged, and now Paytm's current change in......