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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
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Paytm Reported 51.5 Percent Rise in Q4 Revenue, Posted Profit for Second Consecutive Quarter
Indian digital payments firm Paytm reported a 51.5 percent rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an operating profit for a second consecutive quarter. Paytm's parent, One 97 Communications, said revenue rose to Rs. 23.35 billion in the January-March quarter, from Rs. 15.41 billion a year earlier.
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How Watchdogs Failed To Spot The $2 Billion PNB Fraud
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank's Brady House branch in Mumbai. It was there, past the loan desk and up a flight of stairs, that the Central Bureau of Investigation (CBI) say Shetty hatched India's largest-ever bank fraud,...
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Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
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PM Modi, Japan's Shinzo Abe Put Bullet Train, Nuclear Deal On Track
Japan will provide $12 billion of soft loans to build India's first bullet train, the two nations announced during a visit by Japanese Prime Minister Shinzo Abe that also yielded deeper defence ties and a plan for civil nuclear cooperation.
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Greece Inks Deal With Creditors to Unlock 12 Billion Euros: Minister
Greece has struck a deal with its international creditors to unblock some 12 billion euros in much-needed loans, Finance Minister Euclid Tsakalotos said today after marathon talks.
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World Bank Approves $12 Billion, Five-Year Loan for Pakistan
The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country's finance ministry and the global lender said on Friday.
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To raise money, Air India considers ads on tails of planes
Flag carrier Air India, reeling under accumulated losses and loans of around Rs.67,520 crore ($12 billion), is planning to carry advertisements on its aircraft to mobilise additional revenue.
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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
-
Paytm Reported 51.5 Percent Rise in Q4 Revenue, Posted Profit for Second Consecutive Quarter
Indian digital payments firm Paytm reported a 51.5 percent rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an operating profit for a second consecutive quarter. Paytm's parent, One 97 Communications, said revenue rose to Rs. 23.35 billion in the January-March quarter, from Rs. 15.41 billion a year earlier.
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How Watchdogs Failed To Spot The $2 Billion PNB Fraud
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank's Brady House branch in Mumbai. It was there, past the loan desk and up a flight of stairs, that the Central Bureau of Investigation (CBI) say Shetty hatched India's largest-ever bank fraud,...
-
Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
-
PM Modi, Japan's Shinzo Abe Put Bullet Train, Nuclear Deal On Track
Japan will provide $12 billion of soft loans to build India's first bullet train, the two nations announced during a visit by Japanese Prime Minister Shinzo Abe that also yielded deeper defence ties and a plan for civil nuclear cooperation.
-
Greece Inks Deal With Creditors to Unlock 12 Billion Euros: Minister
Greece has struck a deal with its international creditors to unblock some 12 billion euros in much-needed loans, Finance Minister Euclid Tsakalotos said today after marathon talks.
-
World Bank Approves $12 Billion, Five-Year Loan for Pakistan
The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country's finance ministry and the global lender said on Friday.
-
To raise money, Air India considers ads on tails of planes
Flag carrier Air India, reeling under accumulated losses and loans of around Rs.67,520 crore ($12 billion), is planning to carry advertisements on its aircraft to mobilise additional revenue.
