- 6 Jul
- 2022
BharatPe disburses over ₹3,600 crore loans in Q1 FY23, up 112% QoQ
Digital payments app BharatPe on Tuesday announced disbursing over Rs 3,600 crore loans to more than 1.2 lakh merchants in the first quarter of the financial year 2022-23.
- 5 Jul
- 2022
Crypto exchanges' trading volume falls by 70% in 3 days as TDS rule takes effect
The new tax deducted at source (TDS) rules that ask for 1 percent of all crypto trades made in India has had an immediate effect on the business of crypto exchanges. The new TDS rules were first introduced during the budget session in February, and came into effect on July 1.
- 3 Jul
- 2022
Indians can receive up to ₹10 lakh/yr from relatives abroad as govt amends FCRA rules
The Union Home Ministry has amended certain rules related to the Foreign Contribution (Regulation) Act (FCRA) allowing Indians to receive up to Rs 10 lakh a year from relatives staying abroad without informing the authorities. The earlier limit was Rs 1 lakh.
- 2 Jul
- 2022
How much wealth have the world's richest people lost in the last 6 months?
The world’s 500 richest people lost $1.4 trillion in the first half of 2022, a dizzying decline that marks the steepest six-month drop ever for the global billionaire class
- 1 Jul
- 2022
Cryptocurrencies are a clear danger: RBI Governor
Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a "clear danger" and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name.
- 30 Jun
- 2022
Climate tech firm plans 'mammoth' plant to suck CO2 from air
This 'Mammoth' plant will be built in Iceland in 18-24 months. The plant will contain around 80 large blocks of fans and filters that suck in air and extract its carbon dioxide.
- 29 Jun
- 2022
World's largest innovation campus for startups unveiled by T-Hub in Hyderabad
Built in a T-shape, spanning 10 floors and spread over an area of 5,82,689 sq. ft, making it the world's largest innovation campus
- 28 Jun
- 2022
Unicorn startup udaan fires 180 employees to cut costs
“We have taken various steps to enhance efficiency, refine our cost structure, and grow faster in our journey to achieve strong unit economics.
