[ad_1] Tsingha25 | Istock | Getty Images Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks ago, according to one of the lenders involved. A network of eight banks held $109 million in deposits for Yotta customers as of April…
[ad_1] Last Updated: June 21, 2024, 14:00 IST CAGR refers to the average annualised rate at which the value of an investment (stocks, funds etc.) changes over time. CAGR is essential for evaluating investment opportunities and the past performance of an investment The Compound Annual Growth Rate (CAGR) is a parameter used to calculate the…
[ad_1] The 10th round of auction includes 67 coal mines. (Image for representation: AP/File) The move will enhance domestic coal production and ensure energy security for the nation Union Coal and Mines Minister G Kishan Reddy on Friday launched the 10th round of commercial coal mine auctions here. The 10th round of auction includes 67…
[ad_1] Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a monthly fee of around $5 to access the superior version, according to people with direct knowledge of the company’s plans. Known internally as “Banyan,” a reference to…
[ad_1] Check out the companies making headlines before the bell. Nvidia — Shares dipped 2%, adding to losses from Thursday, when Nvidia closed down 3.5%. The decline comes after the AI chipmaker on Tuesday briefly topped Microsoft as the most valuable public company. Sarepta Therapeutics — The biopharma stock soared 37% after the U.S. Food…
[ad_1] With the transforming lifestyle of buyers, the luxury housing market in Delhi-NCR is booming, highlighting an upsurge in the demand for high-end living. The emergence of smart home technology and the idea of sustainable living has become the talk of the town, and are leading the trends of luxury homes. The definition of luxury…
[ad_1] As Goa continues to grow and attract tourists, its commercial property market has also been on the rise. (Representative image) The supply of villas in Goa has shifted, with the standard size decreasing from 500 sq metres to 250 sq metres over past five years due to rising land prices. Goa has emerged as…
[ad_1] HDFC Bank, ICICI Bank and Axis Bank have not yet activated the BBPS. These company have issued a combined of over 5 crore credit cards to customers. As many lenders have not yet complied with RBI’s directions on BBPS, fintechs like PhonePe and Cred will also not be able to process payments on credit…
[ad_1] EPFO issues UANs based on employer requests or individual Aadhaar connectivity. UAN serves as a common identity for subscribers who have worked for several employers in fast succession. The Universal Account Number (UAN) is an identity number for all EPFO (Employees’ Provident Fund Organisation) subscribers. The UAN is similar to the PAN for income…
[ad_1] The composite flash PMI ticked up in June, supported by rises in both the manufacturing and service sectors. (Representational pic: Manufacturing Today) HSBC’s flash India Composite Purchasing Managers’ Index , compiled by S&P Global, rose to 60.9 in June from last month’s final reading of 60.5 Business activity in India expanded at a faster…
