The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments ... Sify, 3 days ago
The bulk of of trading on stock markets is done algorithmically, by computerised clerks working at the behest of human traders. IMAGE: The share of algorithmic trading started rising in the equity markets in India January 2010. It became 40 per cent in 2011 and 60 per cent by 2013, and has remained between 60 per cent and 75 per cent since then. Photograph: Kind Courtesy: Pixabay.com. Most trading on modern exchanges, worldwide, is done by computerised clerks working at the behest ...Rediff.com, 1 week ago
As the World Kidney Day was being observed across the globe on Thursday; a tragedy unfolded in the union territory of Puducherry, where three patients, including two women, who were undergoing Haemodialysis at the Indira Gandhi Medical College and Research ...Business Standard, 2 weeks ago
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.Illustrations: Uttam Ghosh/Rediff.com Exactly mid-way through his five-year term, Narendra Modi has changed gears, and possibly direction. Till November, his was an administration seemingly determined to follow a path of sustained incrementalism -- a steady flow of small steps whose cumulative impact would be transformative. Or so it was ...Rediff.com, 2 months ago
Bhargavi Zaveri and Radhika Pandey explain how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations. Foreign Exchange Management Act, 1999 or FEMA, the current law governing all foreign exchange transactions with Indian residents, creates artificial distortions between identical economic transactions and allows excessive discretion resulting in ad hoc administration. Two ongoing litigations involving foreign investors underscore this need.Rediff.com, 2 months ago
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years, reveal Nitin Sethi and Karan Choudhury. Prime Minister Narendra Modi made a slew of announcements in his speech on December 31. Business Standard did a status and fact check on some of the key schemes announced and how they link up to existing schemes of the National Democratic Alliance government and its achievements against each of them. Maternity benefits 'We are introducing a nation-wide ...Rediff.com, 2 months ago
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