Need to remain alert about financial service innovations: RBI – Times of India

MUMBAI: RBI deputy governor M Rajeshwar Rao said Saturday that technology and innovations can expand product offerings and financial services to underserved segments at lower costs, but the entry of new players, especially fintech firms, can alter the financial service provider landscape.This can bring new challenges by influencing market concentration and competition dynamics, he said.“RBI…

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Peru raids President over her Rolex stash – Times of India

Peruvian authorities raided President Dina Boluarte’s residence over alleged illicit enrichment, triggered by her display of luxury watches. The search, involving National Police and prosecutors, lasted five hours and extended to the government palace. Prime Minister criticized the move as ‘disproportionate and unconstitutional,’ sparking public outcry. Allegations raise concerns amid low approval ratings. Source link

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IPL 2024: Mayank Yadav’s pace rattles Punjab Kings in Lucknow Super Giants’ first win | Cricket News – Times of India

Mayank Yadav emerged as India’s latest fast-bowling sensation, showcasing his searing pace with figures of 3/27, as Lucknow Super Giants (LSG) convincingly defeated Punjab Kings (PBKS) by 21 runs in the Indian Premier League match on Saturday in Lucknow.Opting to bat first, LSG benefited from a late onslaught by Krunal Pandya, who hammered a quickfire…

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Russia committed to fight menace of terrorism together with India, other countries: Envoy | India News – Times of India

NEW DELHI: Russia on Saturday said that it is committed to decisively fight’ towards the menace of terrorism together with India and other countries, bilaterally and multilaterally.Russia’s ambassador to India, Denis Alipov emphasised the joint commitment of Russia and India in combating terrorism both bilaterally and multilaterally. The recent terrorist attack near Moscow on March…

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