Beyond Financial News

NEW DELHI : A blanket ban on crypto assets may be hard to pull off, and nations must instead apply rules on money laundering and terror finance to these assets and service providers, an influential policy paper said, while noting that increased adoption of these assets could undermine monetary policy transmission. The joint paper from the International Monetary Fund (IMF) and G20’s risk watchdog, the Financial Stability Board (FSB), has attempted to offer a roadmap for regulating crypto assets and helping nations integrate virtual digital assets into their digital financial systems.

₹436.45 apiece, and have gained 34% so far in 2023, sharply outperforming the nearly 9% rise in the Nifty 50 index. Recall that the stock had already seen a strong rally in 2022. In the June quarter (Q1FY24), IHCL’s occupancy and ARR for its domestic business stood at 67.1% and ₹9,128, respectively.

Is there a simple way to invest in Nifty Next 100 and Nifty Microcap 250 companies? Please suggest some ETFs (exchange traded funds) or mutual funds investing in these indexes. —V Muralidhar Naidu At present, there are prominent ETFs offered by mutual funds that invest passively in Nifty Next 50 Index, which are Nifty 100 companies after excluding the top-50 companies in terms of market capitalization (Nifty 50 companies). While you plan to invest in companies beyond the top 100 then you can consider investing in Nifty Mid Cap 150 ETFs where the investment is done in companies ranked 101-250 based in terms of market capitalization (m-cap).

Trust is in shorter supply in the digital world these days. As artificial intelligence evolves and produces more “humanlike” and realistic results, users of digital services are increasingly concerned with knowing who and/or what, precisely, they’re interacting with. With a commitment to decentralization and broad access, the crypto industry in particular needs proof-of-humanity solutions to avoid issues like fake accounts and automated bots — and, of course, to comply with Know Your Customer and Anti-Money Laundering regulations.

(Reuters) — The number of Americans seeking jobless benefits for the first time fell unexpectedly last week to the lowest level since February, pointing to a U.S. job market that remains relatively tight even as other recent data indicate it has begun to soften.

Delhi area, which houses the G20 Summit venue and hotels where delegates will be staying, will be put under a tight security ring from Friday morning and there will a slew of traffic restrictions in place, officials said. The movement of vehicles will be regulated in the New Delhi district as the area will be considered as Controlled Zone-I from 5 am on Friday till 11.59 pm on Sunday due the G20 summit. However, movement of ambulances will be allowed and local residents of the area and tourists accommodated there will be permitted to move after presenting proper identification papers, police said. They further stated that all online delivery services, except medicines, will be barred in the New Delhi district during the G20 Summit. According to officials, police will be maintaining a hawk-eye vigil during the summit, with the assistance of over 50,000 personnel, K9 dog squads and mounted police. In an advisory released on August 25, the Delhi Traffic Police has listed out restrictions on the movement of goods vehicles, buses, auto-rickshaws and taxis and has urged people to make maximum use of metro services in view of regulated movement of traffic. Police have also urged people not to visit India Gate and Kartavya Path for activities such as walking, cycling and picnicking in view of the G20 Summit. Special Commissioner of Police (Traffic) S S Yadav had said as India Gate and Kartavya Path have been «designated in the controlled zone», the Delhi Police appeals to people not to visit the area for «walking, cycling or picnicking» during the G20 Summit. He said that essential services such as postal and medical services, sample collections by pathological labs will be allowed throughout Delhi. The police have also advised

Deepak Parekh, former chairman of HDFC Limited, today said that the most difficult decision he had to make in his career was stepping down as Executive Chairman of HDFC at the age of 65. At that time, the board expressed a desire for him to continue, but Parekh made the tough choice to retire, believing it was essential to create opportunities for the next lot. «I decided after a lot of thinking and much against my family's wishes that it is not fair for me to continue, and I retired in my 65th year as the executive chairman of HDFC,” said Parekh speaking to an audience during the global Fintech fest on Thursday. “I thought if I continued, it would come in the way of the next lot of people.“ He added that this retirement meant that for the past 13 years, Parekh hasn't received any salary, and as a non-executive chairman, he wasn't entitled to stock options.

Many prospective dog or cat owners only focus on the positive aspects of bringing a furry friend into their lives. And there are countless reasons why pets are great. But it's also important to have realistic expectations so you don't face sudden expenses that could hurt your financial stability. «It's important to be able to choose a pet that is going to fit your budget and your lifestyle the best,» said Dr. Wendy Hauser, a veterinarian who founded her own consulting company. When Melissa Chavez decided to get a toy poodle named Milo in the summer of 2020, she had an idea of the costs but was surprised by how fast they added up. Like many others during the pandemic, she saw her stay-at-home schedule as a perfect opportunity to get a puppy. «I've never had any dogs before, so I think everything was a learning opportunity for me,» Chavez said. If you are considering getting a pet, or looking for ways to cut costs, here are some things to consider:

Bryant Gumbel's “Real Sports” newsmagazine was the longest-running show on HBO, and soon it will be no more

G20 Summit. These restrictions are aimed at ensuring smooth proceedings and enhanced security during the international event. The entire New Delhi District will be designated as "Controlled Zone-1".

In the volatile world of cryptocurrency, Bitcoin continues to hold its ground as the foremost digital asset, despite facing a considerable dip recently. 

The U.K. is set to re-enter the European Union’s flagship scientific research program, according to two people familiar with discussions, the biggest step by the U.K. to tighten ties with the bloc since Brexit.