NEW DELHI: India can manufacture enough smartphone screen protectors to meet its needs, IT secretary S Krishnan said, arguing that inferior imports should not erode the business of domestic producers investing in quality.“We now have enough production capacity in the country for this category of equipment,” Krishnan said on Thursday on the sidelines of an…
Shannon Burns can pursue a £76 million compensation claim from Gitpod after a tribunal rejected the company’s bid to cap her claim at £1 million. (Photo: Georgia Bates/Solent News) A senior technology executive who was dismissed after sleeping in a sauna during a work trip has been given the right to pursue a £76 million…
MUMBAI: The board of market regulator Sebi on Thursday decided to allow foreign funds in the non-agri commodity derivatives segment provided all contracts that are not based on indices are cash settled. For index-based derivatives, there are no such barriers. Allowing foreign portfolio investors (FPIs) in this segment was one of the main demands of…
Netanyahu holds up pager at UN, recalls Israel’s Hezbollah attack Israeli Prime Minister Benjamin Netanyahu held up a pager during his address to the UN General Assembly on Thursday as he defended Israel’s military operations against Hamas, Hezbollah and Iran, while dozens of delegates walked out of the hall as he began speaking.Netanyahu used the…
India have been put on the back foot early in their men’s team foil Ro16 tie against Hong Kong at the Asian Games. Sachin began with a 2-5 loss to Chun Choi, before Hemash Singh went down 3-5 in the second relay, leaving India 5-10 behind. Aaditya then gave India some hope with a 6-5…
A host of insurance companies and insurance policy sellers slid as much as 36% on Thursday. Mumbai: A host of insurance companies and insurance policy sellers slid as much as 36% on Thursday after the industry regulator Irdai suggested new policy distribution methods that, among others, ban dark patterns and several other changes to how…
MUMBAI: The rupee weakened by 26 paise to settle at 95.99 against the US dollar on Thursday, dragged by a surge in crude oil prices and a strong greenback amid geopolitical uncertainties. According to forex traders, the domestic currency was also weighed down by heavy selling in domestic equity markets as investors moved toward risk…
MUMBAI: UPI’s new merchant fee is intended to recover some of the cost that the payments system has so far absorbed. Dilip Asbe, MD & CEO of NPCI, put the annual cost to the banking system at about Rs 21,000 crore, including Rs 2,000 crore to Rs 3,000 crore for SBI. In a fireside chat…
NEW DELHI: Govt on Thursday said the merchant discount rate (MDR) on UPI payments should be treated the same way as plastic payments, which are not passed on to consumers and will ask the Indian Bank Association (IBA) to ensure that merchants don’t burden customers once the new regime kicks in next month. Govt is…
Indian woman’s New York City apartment cost sparks debate New York City has become the subject of an online discussion after a conversation about housing costs drew strong reactions from social media users. What began as a chat about one couple’s expenses soon turned into a debate about apartment prices, different neighbourhoods and whether converting…