While Indian economic growth is expected to be relatively strong in 2024-25 too, the outlook is uneven. Other risks to profitability include slow deposit growth, higher operational costs and greater ...
India orders Paytm Payments Bank to halt business
The Reserve Bank of India issued new strict curbs on Paytm's Payments Bank, which processes transactions for financial services giant Paytm, barring it India's central bank's order against Paytm ...
India weighs more penalties on Paytm, including revoking payments bank license
The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch, as troubles mount for the ...
Interim Budget evokes mixed response from Indian business community in Gulf
India's interim Budget for 2024-25 received mixed reactions from the Indian business community in the Gulf with some hailing it as forward-looking and a vision statement for the journey from ...
US hits Houthi UAVs, ground control station in Yemen
U.S. military forces early Thursday morning conducted what Central Command called a “self-defense” strike against Houthi unmanned aerial vehicles.
Uzbekistan, IFC Plan To Modernize Energy Distribution Systems In Samarkand
The modernization of energy distribution systems in Samarkand through the involvement of a qualified private partner is aimed at improving operational efficiency, management and capital investment ...
Uzum Market ranked as most downloaded local app in Uzbekistan
Uzum Market ranked as the most popular local app in Uzbekistan in 2023, with over 13.5 million cumulative downloads registered over the last year. The national e-commerce champion has become a ...
Vietnam rare earths output drops as China’s grows, US says
The U.S. geological agency has sharply revised down estimates on Vietnam's rare earths output and expects a further drop despite its rich resource base, according to an annual report, which showed a ...
This Pinoy company is making an impact through financial technology
We started by looking at transforming and [digitizing] rural banks. Along the way we discovered a number of pain points, one of which is how to improve their credit process.” Tapiador said.
Finance Minister: UK wants to support Bangladesh in many ways
Finance Minister Abul Hassan Mahmood Ali on Thursday said Britain wants to support Bangladesh in different areas as it has been working with the country for a long time and understands its situation ...