The Kentucky State Police started using a new DNA test in February that law enforcement officials say could completely revolutionize criminal investigations, analyzing the data in under two hours instead of days or weeks. Colorado-based ANDE Rapid DNA is offering its quick DNA testing to Kentucky state police for free as part of an ongoing pilot program. Kentucky is the …
S C Garg (right) takes charge as Power Secretary from A K Bhalla on Friday. (PIB/PTI Photo) Taking charge as Power Secretary, former Finance Secretary Subhash Chandra Garg Friday said “no one in the government” had opposed the idea of sovereign bond issuance during his tenure in the Finance Ministry. On Thursday, the day after he was moved out of the …
NEW DELHI: Withdrawing a cumulative ₹10 lakh a year can attract 3-5 per cent tax if a proposal going around in the Finance Ministry takes shape in the Budget to track high value cash deals and make digital payments mandatory. In its push towards a digital economy, the central government is thinking of introducing a tax of 3-5 per cent on cash withdrawal …
NEW DELHI: Withdrawing a cumulative ₹10 lakh a year can attract 3-5 per cent tax if a proposal going around in the Finance Ministry takes shape in the Budget to track high value cash deals and make digital payments mandatory. In its push towards a digital economy, the central government is thinking of introducing a tax of 3-5 per cent on cash withdrawal …
On-tap licensing is a time-efficient feature that will allow parties to obtain the licence on-demand basis and eligible parties won’t have to wait. The Reserve Bank of India (RBI) will issue draft guidelines for ‘on-tap’ licensing of Small Finance Banks (SFB) by the end of August 2019 with a view to enhance supply of credit to small borrowers and encourage …
The numbers are startling: According to even the most generous estimates, more than 80 percent of the world’s oceans are totally unmapped. The average ocean depth is nearly two and a half miles, and oceans cover 70 percent of the planet. Do the maths and, in terms of total volume, 99 percent of Earth’s biosphere is essentially unknown. We think …
Diversification is the cornerstone of sound investment management, and yet diversity remains largely absent from the investment industry. Women investment professionals hold a mere 11% of C-suite positions according to the CFA Institute Gender Diversity in Investment Management study. In most financial firms, women are a minority of employees and that’s bad for customers because women make excellent investors. Despite diversity making …
Facial recognition began as a tool of law enforcement and now is making travel easier. GETTY Mixing biometrics and travel usually means one thing for most countries — making sure the wrong people don’t get in. The United States, for example, has an advanced system of facial recognition that analyzes more than 100 points of reference on each face to …
In a world that is seeing game-changing disruptions across geographies and sectors, Singapore has positioned itself as a centre of innovation. Much like India, the financial services industry in Singapore is also undergoing transformation. Today, the digital wave is changing the way we work. Several organisations in Singapore like Visa, PayPal, KPMG, DBS and more are working with technology companies …
(WASHINGTON) — Global finance officials are pledging closer cooperation in efforts to lift the world economy out its current slowdown, but tensions persist on a number of fronts between the United States and other nations over trade and other issues. Officials wrapped up the spring meetings of the 189-nation International Monetary Fund and the World Bank on Saturday, expressing hope …