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One97 Communications Limited (OCL) that owns the brand Paytm announced the release of Travel Recap 2023 on Wednesday. Delhi emerged as the most traveled domestic destination, capturing the hearts of explorers and culture enthusiasts, while Dubai dominated international travel, showcasing the allure of showcasing the allure of its cosmopolitan charm. As per Paytm Travel trends, a 70% increase in solo travellers has been observed marking a trend of wanderlust-driven individuals seeking independence and self-discovery.

Whether it’s asking for a raise or switching careers altogether, many Canadians are setting financial goals for the new year. But an increasing number of workers doubt they’ll get paid more in 2024, a new poll has found.

The New York Times Co. (NYT) has filed a lawsuit against OpenAI and Microsoft (NASDAQ:MSFT), alleging that they used millions of the newspaper's articles to train chatbots without permission.

RBI) has voiced its concerns over elevated levels of gross non-performing assets (NPAs) in urban cooperative banks, although profitability indicators have improved. It has called for a further strengthening of governance standards and risk management practices among other things in its assessment of the sector in the Report on Trend and Progress of Banking in India 2022-23. The RBI is asking the co-operative banks to adopt global best practices of supervision. «A further strengthening of the quality of governance, based on the three pillars of compliance, risk management, and internal audit, warrants priority,» it said in the assessment of the developments in the cooperative banking sector.

Retail real estate industry is riding a boom in demand. More than 5 million square feet (msf) of grade A malls became operational in 2023 — the highest in seven years — and another nearly 8 msf is slated for completion in 2024, industry executives said. Malls are expected to attract investment of more than Rs 20,000 crore over the next 3-4 years as the country's biggest mall developers, DLF, Prestige and Phoenix, have entered the next phase of expansion as almost all top retailers are expanding their store count. «Retail real estate sector has been witnessing increased traction, largely driven by strong consumption-led growth of the Indian economy,» said Saurabh Shatdal, managing director, capital markets, and head retail, India, at Cushman & Wakefield. Listed retail players such as Reliance Retail, PVR, Aditya Birla Fashion, and Tata Trent increased their store count significantly this calendar as their revenues continued to rise.

non-banking financial companies (NBFCs) expanded 15% in FY23, with profitability and asset quality improving, but non-bank lenders must diversify and look beyond traditional banks for their funding requirements, the Reserve Bank of India (RBI) said in an annual report. «The pace of expansion in the balance sheet of NBFCs accelerated in 2022-23. This was led by double-digit credit growth, mainly on account of unsecured loans.

The regulator said that it is reviewing the non-fund based facilities offered by banks such as guarantees and letters of credit to come up with guidelines as they form an important role in the growth and development of the economy. Banking industry's clean up continued for the fifth straight year as the fall in gross bad loans helped report a higher net interest margin, a key measure of profitability. All banks meet the regulatory capital requirements with it at 16.8% as of September. «Lower slippages helped improve asset quality across all bank groups, with gross bad loans to total advances ratio of banks dropping to a 10-year low,'' the RBI said in its annual Report on Trend and Progress of Banking in India.

Frauds reported by banks declined to a six-year low, and the average amount involved was the lowest in a decade, said an annual report on trends in the banking industry by the RBI. The number of fraud cases in private sector banks accounted for 66.2% of the total frauds in the banking sector; however, in terms of the amount involved, public sector banks had a higher share.

Lee Sun-kyun, a popular South Korean actor best known for his role in the Oscar-winning movie “Parasite,” was found dead in a car in Seoul on Wednesday, authorities said, after weeks of an intense police investigation into his alleged drug use.Police and emergency officers initially found Lee in what they believed was an unconscious state in the car parked on a street in northern Seoul. Emergency officers later confirmed he was dead, according to Seoul’s Seongbuk police station.Police had been searching for Lee, 48, after receiving a report that he was missing.They refused to provide further details including whether they had determined Lee killed himself.

Jeremy Hunt as he endeavors to set the stage for the impending election, mandated to take place by January 2025. Prime Minister Rishi Sunak's Conservative party currently lags significantly behind the opposition Labour Party in the polls. Despite this, the country's economic challenges and budget deficit constrain the ability of Sunak and Hunt to engage in extensive pre-election spending. Amid calls from numerous Conservative lawmakers for tax reductions to regain voter support after 13 years of Conservative rule, Sunak and Hunt find themselves in a delicate position. The latest Ipsos poll in December indicated that Conservative support was at 24%, substantially trailing the Labour Party's 41%.

seeking asylum in France after their flight from the UAE was grounded last week over suspicion of human trafficking before being allowed to take off for India have now been freed, according to local French media reports on Wednesday. These 25 passengers were not on the flight carrying 276 mostly Indian passengers which took off for Mumbai on Monday afternoon after four days of being held at Chalons-Vatry airport near Paris.

Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.”

In the calendar year 2023, investors’ interest in equity-oriented mutual funds was noticeably high. It is seen as a direct impact of the ongoing bull run of broader market indices. BSE Sensex gave an annual return of 16 percent, so the growing interest of investors in equity is quite understandable.

The National Payments Corporation of India (NPCI) has started the process to deploy ‘UPI Tap and Pay’ across digital payment providers soon after the apex body released details on the feature’s roll out, reported Business Standard. 

Moneyview has just revealed findings from its latest survey, offering insights into the changing dynamics of credit score awareness and financial preferences. The 2023 Consumer Credit Survey gathered responses from a diverse range of individuals, offering valuable perspectives on credit behaviours, loan aspirations, and the pivotal factors shaping financial decision-making.

COVID cases in recent weeks, largely due to the influx of a new strain JN.1, health experts have warned that this will increase the chances of potential heart issues for those who catch the disease. It could trigger a "heart failure pandemic" with experts sending a huge warning about a new and worrying «global healthcare risk». The researchers at Japan's top institute Riken have warned in a report that the ACE2 receptors that coronavirus clings to within human cells are «very common» in the heart. Consequently, many of those who get infected with the virus, suffer from «reduced cardiac function».

fire was reported at the Acme Shopping Centre at around 6:50 PM. The personnel of the fire department rescued at least 11 persons from the shopping centre while the eye-witnesses claim that more than 10 individuals are still stuck on the upper floor of the building. The administration informed that all those rescued are safe and the fire department is dousing the fire.

Punk, met with thunderous cheers upon his entrance, faced off against Dominick Mysterio. Amidst chants of 'you still got it,' Punk emerged victorious, executing his signature 'GTS' (Go to Sleep) finishing move and securing the pinfall in the center of the ring.

urban cooperative banks though profitability indicators have improved. It has called for a further strengthening of governance standards and risk management practices among other things in its assessment of the sector in the latest `Trend and Progress in Banking’ released by the central bank on Wednesday.

The Department of Finance on Dec. 20, 2023, released the short-term rental draft legislation as part of a small package of taxation proposals. For those who need a reminder, short-term rental owners/operators that are operating in a municipality that prohibits such rentals are apparently evil and need to be punished to the extreme from an income tax perspective.

Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial crisis and reversing much of their hiring as they emerged from the COVID-19 pandemic.