India closely following developments in Iran: MEA | India News
File photo: MEA spokesperson Randhir Jaiswal (Picture credit: ANI) NEW DELHI: India is closely following the developments in Iran, the ministry of external affairs said on Friday, amid a wave of protests in that country over inflation and currency devaluation.On January 5, New Delhi had urged Indian nationals to avoid non-essential travel to Iran and…
Uttarakhand Tourism launches pan-India roadshow to promote year-round travel | India News
Uttarakhand Tourism launches pan-India roadshow to promote year-round travel Uttarakhand Tourism on Saturday launched its first nationwide integrated roadshow campaign, beginning from New Delhi, with the aim of promoting the state as a year-round tourism destination. The multi-city outreach programme is being held under the guidance of Uttarakhand chief minister Pushkar Singh Dhami and tourism…
JPMorgan Chase reaches deal to become Apple credit card issuer, source says
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images JPMorgan Chase has reached a deal to take over the Apple credit card from its original issuer, Goldman Sachs, according to a person with knowledge of the…
Rajya Sabha Elections: Rajya Sabha elections results: NDA dominates poll round, sweeps Bihar and bags three in Odisha; Haryana result put on hold | India News
Bihar dy Chief Ministers Samrat Chaudhary, left, Vijay Kumar Sinha, right, and others greet BJP President Nitin Nabin after the NDA swept all five Bihar seats in the Rajya Sabha elections NEW DELHI: The ruling NDA tightened its grip on the Rajya Sabha in the latest round of biennial polls on Monday, sweeping all five…
Gas supply crunch a worry for AC makers ahead of peak season
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling the heat of the West Asia war as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said. LPG is used in processes such as brazing of copper…
Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says
HONG KONG — Hong Kong is ready to begin issuing the first of its stablecoin licenses next month, the Special Administration Region’s Financial Secretary said Wednesday. Hong Kong will only issue a small batch of licenses initially, Hong Kong’s Paul Chan Mo-Po said Wednesday at CoinDesk’s Consensus Hong Kong conference. “In giving our licenses, we…
Bitcoin ETFs Are Now BlackRock’s Top Revenue Source, Exec Says
BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with more than $13.4 trillion in assets under management. Speaking at…
Zomato founder Goyal steps down as grp CEO
BENGALURU: Zomato-parent Eternal on Tuesday said its founder, Deepinder Goyal, has stepped down as group CEO, with Blinkit CEO Albinder Dhindsa succeeding him effective Feb 1.In a letter to shareholders, Goyal said he would step away from the CEO role and would remain on Eternal’s board as vice-chairman. Explaining the rationale, he said he was…
Director compliance relief: Corporate affairs ministry eases KYC norms, shifts from annual filing to 3-year cycle
The Corporate Affairs Ministry has relaxed compliance requirements for company directors by replacing the mandatory annual KYC filing with a simplified requirement once every three years under the Companies Act, 2013, PTI reported.The change follows a review of Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014, based on recommendations of the…