ARCHIVE April2023
Commercial-property losses will add to banks’ woes
Ask an investor to describe the outlook for commercial property and you will get a colourful response. “Office is a dumpster fire,” says Daniel McNamara of Polpo, an investment fund. His view […]
Payment gateway access may be blocked for vetoed online games, ET BFSI
The Ministry of Electronics and Information Technology (MeitY) is likely to issue a separate order to fintech and payment companies, asking them to block the access of their payment gateways to non-permissible […]
European banks and the price of safety
“Greece is not Switzerland,” quipped an analyst on March 20th after the Greek central-bank governor assured investors his country’s banks would not suffer from the implosion of Credit Suisse the weekend before. […]
FIU suggests rules to track on virtual digital asset deals, ET BFSI
All cryptocurrency exchanges and providers of services related to virtual digital assets (VDAs) would have to determine the true ‘beneficial owners’ of wallets where VDAs are stored, report all VDA receipts worth […]
Western lenders may regret forcing Ukraine to turn to the IMF
Read more of our recent coverage of the Ukraine war War is tearing apart Ukraine’s economy. Last year the country’s gdp fell by 30%; a ballooning budget deficit forced the central bank […]
India’s fintech funding winter shows signs of thaw with a sequential jump in Q1 of 2023, ET BFSI
Fintech startups in India raised $1.2 billion in Q1 2023, marking a significant increase from the previous quarter. However, this figure was 55 per cent lower than the funds raised in Q1 […]
Did social media cause the banking panic?
The banking turmoil that has sent a handful of American and European lenders to the wall in recent weeks has a new feature. Use of social media and messaging apps, which spread […]
Will credit on UPI hit BNPL players further?, BFSI News, ET BFSI
The recent announcements by the Reserve Bank of India (RBI) regarding fintech lending and pre-sanctioned loans through UPI are likely to hit the buy now pay later (BNPL) players further. Last year […]
How rare-gas supply adapted to Russia’s war
Read more of our recent coverage of the Ukraine war The war in Ukraine has reconfigured global flows of oil and gas. Less visible has been its impact on another supply chain: […]
Canadian Banks Lead the Way With Responsible AI Principles – as Europe Lags Behind
Banks in North America and Europe are failing to reveal their approaches to responsible artificial intelligence (AI) development; reveals research from Evident, an independent intelligence platform looking to accelerate the successful adoption […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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