WASHINGTON: An elephant figurine, made up of artificial pearls and semi-precious stones, which was gifted by the then Indian Home Minister Lal Krishna Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department exhibition hall. “Secretary Colin Powell received this gift from Indian Minister of Home Affairs … Read more
National Australia Bank says it will be blocking transactions to some cryptocurrency exchanges as part of its strategy to reduce financial crime. A NAB spokesperson said it would not comment on how it deemed what exchanges were “high-risk”. But they said the blocks were introduced “where we identify a high proportion of payments going towards … Read more
Thomas Abraham In Delhi it’s that time of year again when publishers, distributors and retailers are scrambling around frantically getting everything from point-of-sale to stocks right. It’s the World Book fair (WBF), which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair’s 20th edition, and although … Read more
Cash is no longer available over the counter at a number of Commonwealth Bank locations across the country, where new Specialist Centres are now focussed on “more complex banking needs”. Customers can withdraw or deposit cash at on-site ATMs instead. WATCH THE VIDEO ABOVE: Commonwealth Bank makes major change to over-the-counter cash withdrawals. The Specialist … Read more
Mumbai: The Reserve Bank of India need not have to tighten liquidity any further as a metric cited by the central bank has fallen below levels that could stoke inflation, potentially paving the way for Mint Road to effectively deliver a rate cut by letting market rates ease from their current elevated levels. As of … Read more
Popular Australian protein bar company Bounce Foods has entered voluntary administration. Known for their range of “protein balls”, the company was founded in 2004 and was one of the first Australian companies to specialise in high-protein snacks. However, documents published by the Australian Securities and Investments Commission (ASIC) last Friday revealed Natural High Co Pty … Read more
The Independent If they are anything like most Oscar winners, the team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions. Having woken up, pinched themselves, and made sure that -oui! – it really was a gold statuette on … Read more
The resilience of the jobs market continues to beat expectations and keep pressure on the Reserve Bank to lift interest rates even further. The official labour force data showed the unemployment rate hanging on at 3.5 per cent in June, after the May result was revised down. WATCH VIDEO ABOVE: Latest job figures could mean … Read more
ET Now caught up with former Infosys Board Member Mohandas Pai for his views on the top level exits in Infosys. Excerpts: ET Now: There are two ways of looking at it the top level exits in Infosys. On the one hand, a lot of people say that there was a team that was probably … Read more
The humble heat pump has emerged as a powerful tool in Europe’s mission to wean itself off gas heating. EU countries including France, Italy and Poland have witnessed a boom in the number of heat pumps being installed in homes, each one helping to reduce Europe’s reliance on gas – in particular that supplied by … Read more
