Indian fintech giant loses over $2bn market cap amid regulatory crackdown — RT India

Indian fintech giant loses over $2bn market cap amid regulatory crackdown — RT India

Source link The Indian government may initiate a formal probe into the operations of one of India’s largest digital payment firms, Paytm, The Economic Times reported on Wednesday. The development comes a week after the regulator, the Reserve Bank of India (RBI), ordered Paytm to stop offering its core services from February 29, citing possible […]

Russian oil price cap has ‘largely failed’ – Politico — RT Business News

Russian oil price cap has ‘largely failed’ – Politico — RT Business News

Source link Moscow’s export revenues are higher than what was expected by the West, according to new analysis The price limit imposed by the G7 and EU countries on Russian seaborne oil sales has essentially failed, Politico reported on Tuesday, citing new research. The mechanism was agreed last year and bans Western firms from providing […]