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CROSSBORDER BUSINESS
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
RBI draft norms aim to speed up cross-border remittances, mandate same-day creditThe Reserve Bank of India has proposed measures to speed up cross-border inward remittances, aiming for same-day credit to beneficiaries' a...
HDFC Bank faces ban from Dubai Financial Services Authority over regulatory non-complianceHDFC Bank received a ban from the Dubai Financial Services Authority. Its DIFC branch cannot onboard new clients or conduct fresh business....
Indian AI talent and founders need to ‘wake up’: Google DeepMind’s Manish Gupta“India’s private industry needs to wake up and start investing in research — so that we can be makers of these technologies, not just consu...
Economic Survey: GIFT IFSC an emerging city for fintech innovation in IndiaAlso, IFSCA has conducted 13 hackathons and received 152 applications from 14 jurisdictions under its FinTech Entity framework, it added.
India needs to internationalise payment products: RBI Governor Shaktikanta DasThe governor said with the Indian economy getting increasingly integrated with the global system, crossborder payments have assumed greater...
How cross-border business trade solutions help scale your businessBesides generating revenue through inroads into newer markets, cross-border trade is an effective way for business expansion and brand awar...
Why more stimulus may equal worse growth now. Plus, big day for big oilAn abundance of research tells us that as government spending increases, an economy suffers worse economic growth measured by real GDP per ...
Brave New World: Will China lose its manufacturing superpower status soon?Countries like US and India could be ready to get “REINDUSTRIALISE” again.
Allcargo Logistics buys controlling stake in GatiThe all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subse...
PayPal’s revenue jumps 12x, thanks to its India armDigital payments company reports Rs 260-cr revenue for FY18 from Rs 21 crore last year
Telangana red-flags Data Protection Bill citing impact on startups, investmentsData localisation would raise the cost of doing business in Telangana, a state official argued.
It's desi vs Chinese sellers on Paytm MallPaytm Mall, which is inspired by Alibaba's T-mall in China, was spun off into a separate business in 2017 by Paytm's parent One 97 Communic...
US, Japan and Singapore propose free flow of data, oppose server localisationUS, Japan & Singapore, part of a 71-member bloc that’s seeking global rules for ecommerce, want easier norms in India's e-comm policy and a...
India and Bangladesh to prepare a research report on borders as prosperity zoneAfter three days of dialogue which started on July 2, in Guwahati, the eighth dialogue also assessed the possibilities and modalities for d...
This US company wants to be a 'Payoneer' in payment spaceUS-based Payoneer aims to enable Indian SMEs to create real-time money transactions with clients in global markets through credit cards, ec...
India, UAE anti-terror talk signal to IslamabadElevating their ties to a comprehensive strategic partnership, India and the UAE came down heavily on countries sponsoring terrorism agains...
Reliance Communications' incubation projects providing startups with low-cost network infra: Bill Barney"We are expanding the Dhirubhai Ambani Knowledge City in Mumbai. Once completed, the expansion will almost double our capacity of data."
Germans respect Indians for their risk-taking ability and hard work: Sunil GoyalThe bilateral trade between India and Germany is around USD 20 Billion which is highest with any European country, says Goyal.
- Government defends retrospective tax change
Govt has defended the retrospective change in IT law which will give powers to authorities to tax crossborder transactions wherein the unde...