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Cash rules in India despite digital payment boom

21-12-2023 Bureau Report + Agencies NEW DELHI: In November 2016 India abruptly scrapped two banknotes constituting 86% of all currency in circulation, in a move aimed at combating corruption and curbing undeclared wealth. Demonetization as the currency ban was popularly called – sparked scenes of chaos outside banks and cash …

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Fears of higher oil prices after Red Sea attacks

21-12-2023 VIENNA/ DUBAI: Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. The world’s second largest shipping line, Maersk, said on …

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Gas pollution fear after Iceland volcano eruption

21-12-2023 REYKJAVIK: Gas pollution could hit Iceland’s capital after a volcano began erupting late on Monday, the country’s meteorological office has said. The eruption, which broke out on the Reykjanes peninsula of south-west Iceland, comes after weeks of intense earthquakes and tremors. Fumes could reach Reykjavik by Tuesday evening or …

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Congress Govt will safeguard communal harmony : Seethakka

Hyderabad, Dec.20 (PMI): Minister for  Panchayt Raj and Rural Development Minister Dhanasari Anasuya, who is popularly known as Seethakka, said that the newly elected Congress government led by Chief Minister A Revanth Reddy would safeguard communal harmony in the Telangana State.             The Minister was the chief guest in the Christmas celebrations …

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Colorado Supreme Court kicks Trump off ballot

20-12-2023 DENVER, COLORADO: Colorado’s Supreme Court has removed Donald Trump from the 2024 presidential ballot, citing an insurrection clause in the US Constitution. In a decision that upends the White House race, the court ruled 4-3 that Trump is not an eligible candidate. It is the first time that Section …

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