Sunday , November 24 2024

Business

The crisis in the Chinese steel industry is more serious than in 2008 and 2015 | News India

New Delhi: Chinese steelmakers have cut production in anticipation of a further drop in steel demand, leading to a squeeze on margins. China's steelmakers produced 829.4 million tonnes of steel in July, down 9 per cent monthly and year-on-year. Data from the National Bureau of Statistics recorded the lowest production …

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As convenience increases, digital payments also increase operational risk | News India

New Delhi: While the widespread adoption of digital payments has ensured faster and lower-cost transactions and easier withdrawals through banking and mobile apps, it has also increased risks to operational stability, Reserve Bank of India Deputy Governor Swaminathan Janakiraman said, adding that there is a need to increase investments in …

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