Category Added in a WPeMatico Campaign
PB Fintech Q3 results: PB Fintech, operator of policybazaar, to report Q3 results today with expected revenue growth of 34% YoY and first positive profit. Analysts predict a profit of Rs 26.9 crore. The company’s Q2 revenue from operations grew at 42% YoY to Rs 812 crore. JM Financial expects strong growth in insurance premium …
Bitcoin aims for fifth straight monthly gain, fueled by pandemic-era rally and shifting views on monetary policy. The digital asset rose 2% in January amid swings from US spot Bitcoin ETF rollout. BlackRock Inc. and Fidelity Investments launched Spot Bitcoin ETFs, attracting new investors and contributing to Bitcoin’s 160% surge last year. Grayscale Bitcoin Trust …
Bitcoin heads toward winning streak last seen in pandemic before record high Read More »
Rajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. Regulatory measures expected to address TDS reduction, loss tax rule change, and taxation alignment with equity shares. Support for innovation and blockchain development crucial, G20 roadmap to be followed, optimized crypto taxes to boost investor confidence …
Protecting against data breaches is especially challenging today, when identity-based attacks are some of the most commonly employed and hardest to detect.
CoinDCX Research Team said, ” Ethereum (ETH) closed on a bearish note and is still positioned below the 20EMA Daily. Currently, ETH is in the middle of its range, slightly above $2,275. Key support and resistance levels for ETH are at $2,175 and $2,388, respectively.” Read on to know more:
The Trade Receivables electronic Discounting, meant for easy access to credit for small bushinesses, has seen increased usage in the past year. On a monthly basis, invoices financed through TReDS nearly doubled from a year ago to about Rs 11,000 crore.
Investors would be able to purchase government securities and other bonds using digital currency in their wallets. This would have the twin benefit of widening digital currency usage beyond the simple merchant payments at present and also help boost retail participation in the government bond market. Read on to know more:
Perfios Software Solutions Pvt is considering a $500 million initial public offering (IPO) in India. The IPO could value the company at $2 billion. Perfios provides software-as-a-service to banks, insurers, and financial services firms in India, the Middle East, and southeast Asia.
Zomato, in a stock exchange filing, said it will operate the online payment aggregator through its wholly-owned subsidiary Zomato Payments Private Limited. In December last year, the RBI gave payment gateways Razorpay and Cashfree final approval to operate as payment aggregators, paving the way for them to onboard new merchants, after a year-long embargo.
It is being issued in the same denominations as the paper currency and coins. It is being distributed through financial intermediaries, i.e. banks. Users are able to transact with e-rupee through a digital wallet offered by the participating banks. “We strongly believe it helps in cross border payments. It will bring in greater transparency and …
Govt, RBI actively engaged on digital currency: FM Read More »
