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digital payment mode in the country at the cost of mobile wallets that are losing relevance with their monthly transactions in steep decline. Around 403 million mobile wallet payments were recorded in June this year, 24% lower compared with 530 million such transactions a year earlier, data from the Reserve Bank of India show. The number has also been falling sequentially every month since January, when it was more than 576 million. Throughout this year, these prepaid payment instruments have shown a decline in transactions with January recording more than 57 million wallet payments, compared to the next six months when it kept declining to the 40 million range.

A Frontier Airlines flight that had been set to go from Houston to the Dallas area last week got canceled not because of weather, but because one of its pilots got arrested

Martin Henderson, who stars as Jack Sheridan, has provided an exciting update on the upcoming sixth season. The actor shared a sneak peek into the production process, revealing that the new episodes are currently in post-production.

The notoriously chilly East Antarctica is currently seeing considerably higher-than-normal temperatures, according to recent research. The usual range of minus 58 to minus 76 degrees Fahrenheit has not held, with temperatures instead reaching minus 13 to minus 22 degrees Fahrenheit. These temperatures are far warmer than average for the Antarctic winter, even if it is still very cold.

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Paris Olympics' running tracks since the races began. Viewers observed that the running tracks were purple in color, which is a first in the entire Olympics history. Typically, tracks are red in color, and this tradition is popularly followed in major competitions and sporting events across the globe. However, in 2016, the Rio de Janeiro Olympics featured a blue running track, which was also a first in Olympic history.

₹57 lakh into the startup, then known as Urban Clap. It was a gamble. Through their venture company, Titan Capital, they were essentially backing an idea.

Sebi on Monday proposed a uniform timeline to ensure timely credit and trading of bonus shares in a bid to streamline the process to enable T+2 trading of such shares after the record date. The current ICDR (Issue of Capital and Disclosure Requirements) rules prescribe overall timelines regarding the implementation of the bonus issue, however, there are no specific timelines for credit of bonus shares and trading of such shares, from the record date of the issue.

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Japan's Nikkei 225 index nosedived on Monday (5 August) by as almost 13%, having dropped 5.9% before the weekend in its biggest two-day slump on record, according to data from MarketWatch. The fall comes amid concerns over a US recession after traders reacted to lower-than-expected employment figures from the world's largest economy on Friday (2 August), which collided with worries from investors and analysts that the US Federal Reserve may have delayed beginning its rate cutting regime for too long.  Market Movers Blog: Concerns over US recession lead to global stock slump Elsewhe...

The Tokyo stock market witnessed a sharp plunge on Monday, with the Topix and Nikkei 225 Stock Average sliding by 12%, casting a shadow of uncertainty over global financial markets.

«I think it is really telling you, number one, there is a risk of a recession. I think it is premature to say that, but nevertheless there is a risk of a recession and in response to that risk, the Federal Reserve will reduce interest rates three times in 2024 and let us not forget there is the expectation that after reducing interest rates three times in 2024, the expectation is they will reduce interest rates four times in 2025 or one time each quarter,» says Hugh Johnson, Hugh Johnson Economics. What has changed so suddenly that the markets are now worried about growth, crisis, yen carry trade, just about everything has come together? Hugh Johnson: Well, I think, there always has to be some news of some sort that sort of touches off the correction and I think quite frankly the market had been a good market for a long time and it reached levels were a little bit pricier or overvalued, which made them very vulnerable to some bad news.

The Topix and Nikkei 225 Stock Average fell about 5%, with the former set for a three-day decline that would be the worst since the 2011 Fukushima nuclear meltdown and put them near bear markets. A circuit breaker halted trading of Topix futures for about 10 minutes.

There is more than one way to skin a cat," goes an old English proverb, which means that there are many ways to accomplish the same task. In central bank-speak, the equivalent would perhaps be: “There is more than one way to effect a soft-landing," that holy grail of central banks the world over. For, going by their actions, especially in recent times, there is no single path to getting there.

Paris Olympics 2024 entered their ninth day, the excitement continued to build with a series of thrilling events lined up for the day. Highlights include Novak Djokovic's maiden Olympic tennis title, Team India's historic win in men's hockey, and record-breaking performances in swimming. Here's a detailed look at what happened on Day 9.

Protests in Bangladesh that began as student-led demonstrations against government hiring rules have spiralled into violence killing more than 260 people and sparking widespread calls for the premier to resign. Here are five key dates spanning the protests posing a daunting challenge to the autocratic rule of 76-year-old Prime Minister Sheikh Hasina, leader of the South Asian nation of about 170 million people. — July 1: Blockades begin - University students build barricades blocking roads and railway lines to demand reforms of a quota system for sought-after public sector job hires.

PARIS – Canada’s team in Paris was on pace for a record Olympic Games at halftime after a mortifying soccer scandal that began before the eco-flame was even lit in Jardin des Tuileries.

equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy Nasdaq Composite extended losses to notch its first 10% correction from a record high since early 2022. Equities plunged in Europe and Asia as well, with Japan's Nikkei index losing nearly 5% for the week.

Revenue from operations came in at Rs 519.5 crore, up 27.8 per cent from Rs 406.6 crore in Q1FY24.

India will take on Sri Lanka in the second ODI match of the series at the R. Premadasa Stadium on Sunday, the Men in Blue skipper Rohit Sharma looks forward to breaking multiple batting records. Here are the records Rohit Sharma can break in the 2nd ODI against Sri Lanka:

Major Sita Ashok Shelke, the sole female officer in her unit, has captured the admiration of many. The photo, showing her standing proudly on the newly-constructed Bailey Bridge in Chooralmala village, Wayanad, Kerala, has gone viral on social media, earning the praise of many including industrialist Anand Mahindra. The bridge, crucial for the region affected by recent landslides, was built by the Indian Army's Madras Engineering Group (MEG) in an impressive 31 hours. Major Shelke, hailing from Gadilgaon Village, Ahmed Nagar in Maharashtra, played a pivotal role in this accomplishment. Her leadership and relentless effort alongside her 70-member team overcame significant challenges, including massive debris and a rapidly flowing river. Anand Mahindra took to X (formerly Twitter) to commend Major Shelke, referring to her as the «Wonder Woman of Wayanad.» He tweeted, “There is no need for DC Super Heroes. We have them in real life out here.” The post resonated with many, reflecting widespread admiration for Major Shelke’s bravery and the Indian Army's commitment to the mission.