SWIFT and Accenture on Wednesday published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader digital asset innovation to help the financial community prepare for the possibility of moving payments in new forms of currency internationally....
The UN forecasts India's economy to grow by 7.5 per cent this calendar year and rebound to 10.5 per cent next year with the caveat that the outlook is "highly fragile" because of the brutal Covid-19 second wave....
Samsung, Sony and Hitachi have invested in UK heathtech company Huma Therapeutics Limited in its latest Series C funding round with financing of approximately $130 million, the company said on Wednesday....
Apple protected customers from more than $1.5 billion in potentially fraudulent transactions on its App Store, preventing the attempted theft of their money, information and time and kept nearly a million risky new apps out of their hands last year, the company has announced....
Google Pay users in the US will now be able to send money to users in India and Singapore, the company announced on Tuesday. ...
Re-emergence of Covid-19 cases in India and resultant partial lockdowns and curfews in many parts of the country in April have impacted the pace of economic recovery with disruptions in supply chains and contraction in demand, industry body PHD Chamber of Commerce and Industry has said in its latest research report....
Bharat Biotech has been directly supplying its Covid-19 vaccine Covaxin to 18 states since May 1, the company said on Tuesday....
Centre's solar modules manufacturing production linked incentive scheme will benefit incremental panels demand till FY30 said India Ratings and Research (Ind-Ra)....
The board of IDBI Bank will consider the proposal to raise equity capital through various modes in its meeting on May 15....
After posting a healthy 18 per cent growth (year-on-year) in the first quarter this year, the April-June quarter is expected to face growth challenges amid the state-level lockdowns and subdued consumer demand, the International Data Corporation (IDC) said on Tuesday....