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Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
Govt left with a losing hand as offshore RMG sites find a cheat codeMultiple users on social media platforms like X continue to complain that their money is stuck on offshore platforms such as Parimatch, 1Xb...
New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...
Schengen visa racket: Spain probes BLS over alleged role in €25,000 scheme; company denies wrongdoingA US federal judge has struck down the Trump administration’s suspension of immigrant visas for nationals of 75 countries, ruling it violat...
Jharkhand recruitment exam protest enters 18th day, BJP calls state-wide bandh amid ED probeStudent protests over Jharkhand recruitment exam irregularities persist for eighteen days. The BJP observed a state-wide bandh while ABVP p...
Supreme Court seeks Centre's reply on plea for time-bound probe and speedy trial in drug-trafficking casesThe Supreme Court has sought responses from the Centre on strengthening drug trafficking efforts. It called for time-bound probes and trial...
India's next crypto policy: What a balanced regulatory framework should look likeIndia currently lacks a well-defined legal framework for virtual digital assets, even though these assets are recognized for tax purposes. ...
ED files chargesheet in Kotak Mahindra Bank, Panchkula MC PMLA caseThe Enforcement Directorate has launched a probe into alleged fraud involving bank officials, including a former deputy vice president and ...
SC Judge V Mohana recuses from hearing Senthil Balaji's anticipatory bail pleaJustice V Mohana recused herself from hearing V Senthil Balaji's bail plea. The Supreme Court will hear the urgent plea later today. Balaji...
Telegram's billionaire founder Pavel Durov has faced legal woes before - in Russia and FranceOn Wednesday, Russia's Federal Security Service, or FSB, accused him of aiding what it called terrorist activities. It also said it was add...
Parliamentary panel backs Sebi board expansion, longer cooling-off period for top brassStanding Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Se...
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
Explainer: How the Clarity Act could transform crypto regulation in the USU.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framewor...
UK fintech Revolut valuation soars to $115 billionBritish digital bank Revolut, whose growth has exploded in recent years, reached a valuation of $115 billion Wednesday following a secondar...
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
'Fear of scrutiny': India says those questioning global terror financing watchdog FATF have something to hideIndia has strongly defended the Financial Action Task Force (FATF), urging nations to cease exporting instability and prevent their territo...
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...