A payday loan is an ultra short-term borrowing meant to help the individual tide over a temporary crunch.
The Karvy Stock Broking demat account fraud has shaken the trust of retail investors in their brokers. However, the question is to what extent an investor can trust his broker. What can an investor do to safeguard himself against such frauds?
Telecom Regulatory Authority of India mandated telcos to adopt blockchain or Distributed Ledger Technology that allows only registered users to participate in telemarketing and this system is likely to be launched by the end of November as consumers filed over 326,000 complaints of unsolicited telemarketing calls with their mobile service providers during July-September.
The Draft Personal Data Protection Bill, 2018, which mandates storing of critical personal user data within the territory of India, or data localization, is likely to be tabled in the winter session of Parliament. Multinational companies have previously also opposed India’s moves on data localisation, saying it will drive up costs.
Fumes of farm fire from Punjab, Haryana and parts of UP continue to contaminate and worsen the air quality in Delhi which is already infested with high levels of pollution. A favourable wind condition may improve it before deteriorating it again.
US based Tellurian Inc has agreed to deliver liquefied natural gas to India at $6 per unit, which is significantly lower than the ceiling. Tellurian says that its price will still be competitive with its production cost ranging around $2/mmbtu.
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