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Saturday, May 18, 2024
TopicDigital Currecncy

Topic: Digital Currecncy

91% of transactions will become digital by 2028. But here’s why we will miss cash

While current electronic payment systems work well, they do not provide the same personal freedom that cash offers.

IMF working on global central bank digital currency platform

Already 114 central banks are at some stage of CBDC exploration, 'with about 10 already crossing the finish line', IMF Managing Director Kristalina Georgieva said.

How Hong Kong plans to pilot it’s digital currency in HK$1.8 trillion mortgage market?

The pilot project will look at potentially giving e-HKD loans to homebuyers in an e-wallet, both online and offline, the pilot participants said.

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many civic bodies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?