India's e-payment gateway for cashless transactions, the BHIM app, will be launched in Bhutan today. BHIM or Bharat Interface for Money is developed by the National Payments Corporation of India (NPCI) and is based on the Unified Payments Interface (UPI).

Indian mobile payment App BHIM to be launched in Bhutan today 

Gravitas Plus | Why do people die with money in the bank? When it comes to money, we either spend too much or are needlessly frugal. WION's Palki Sharma says teaching fundamentals of investment, loans, debt in school is the best way to help people make smart money decisions. Listen in.

Gravitas Plus | Financial Literacy: The need of the hour

Guatemalan Health Minister Amelia Flores said on Tuesday that the government had asked Russia to return money already paid for doses of the Sputnik V COVID-19 vaccine because of non-delivery.

Guatemala asks Russia to return money over failure to deliver Sputnik COVID-19 vaccine

India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a deterrent in the short term, the Reserve Bank of India said on Thursday.

Indian economy not as hard hit as first wave but uncertainties remain, says RBI

Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmaker is considering to shed or may have already sold some of its bitcoin holdings.

Bitcoin hits three-month low as Musk drives investors to exit 

Like almost everything in the world, the old-school method of ‘please leave your tips in the jar’ has now been converted to a virtual world. The social media platform, Twitter, is now allowing people to add virtual tip jars to accounts, through which other users can contribute money to their cause and/or provide tips for the offered services.

Twitter adds 'tip jar' for selected 'content creators'

Even as Covid protocols restrict international and domestic transport, the cross border crime syndicates continue to make big money by smuggling truckloads of 'sin goods' into India through land and sea routes.

In pandemic, it's not gold but cigarettes where smugglers are making money

A prominent order of US Catholic priests has created a foundation to raise a reported $100 million for the descendants of the slaves it once owned and sold and to promote racial reconciliation across the country.

US Jesuit priests to raise $100 million for descendants of slaves 

London now has the highest concentration of dollar millionaires in the entire world, trumping New York City. At least 875,000 people from London are dollar millionaires, ie, they possess asserts worth more than $10,15,812 (£720,000), based on the annual study undertaken of the world’s wealthiest people by Knight Frank - a property consultant entity.

London now has the most number of dollar millionaires, trumping New York City

One thing the COVID-19 pandemic has taught us is how hard people work across industries, and how interdependent we all are. Keeping in mind the Christmas spirit even during such grim times, a patron in a bar in Ohio tipped the restaurant $5,600 (Rs 4 lakh).

Guest in US restaurant leaves $5,600 tip bringing holiday cheer to many

A Dubai-based British citizen is alleged to have defrauded the Danish treasury of $2 billion. Sanjay Shah, however, has so far denied wrongdoing. Despite his denial, the man has never been shy about the source of his wealth.

Person of Indian origin features in Europe’s biggest tax heist

Trial runs for the Chinese digital currently are underway in two cities, Shenzhen and Suzhou. Once the trial period ends, the currency will be available through banks and consumers shall have access to it.

Trial run for Chinese cryptocurrency underway in two cities

World Bank Comes Up With A New Plan to Provide Aid To China.

Gravitas: Why is China Borrowing From World Bank?

New Zealand moved to ban large foreign political donations and misleading social media advertisements Tuesday amid concerns about offshore interference in next year's general election.

New Zealand to ban foreign political donations over $33

Why Are Billionaires Losing Money? #Gravitas

Gravitas: Are The World's Richest Getting Poorer?

The Central Bureau of Investigation (CBI) on Tuesday conducted searches at around 187 places in various states and Union Territories and has registered around 42 cases of bank frauds involving approximately Rs 7,200 crore.

CBI unearths 42 cases of bank fraud after raids at 172 locations

A concentrated burst of interest rate cutting and other measures to loosen global financial conditions by the world's central bankers looks to have largely run its course, and policymakers now appear content to wait and see if their handiwork staves off a deeper slowdown in the months ahead.

Big central banks go into 'wait-and-see' mode

China's largely rubber-stamp parliament has passed a new law on cryptography as the country gears up to launch its own digital currency, state media reported late on Saturday.

China passes cryptography law to gear up for digital currency

The United States government and the Bill and Melinda Gates Foundation pledged Wednesday to jointly invest $200 million over the next four years to achieve affordable gene therapy-based cures for sickle cell disease (SCD) and HIV.

United States and Gates Foundation plan $200m for sickle cell, HIV cures

The United Nations is running a deficit of $230 million, Secretary-General Antonio Guterres said on Monday and may run out of money by the end of October. In a letter intended for the 37,000 employees at the U.

United Nations may run out of money by end of the month: Secretary-General Antonio Guterres

The International Monetary Fund (IMF) on Wednesday announced that it would extend a bailout package worth $6 billion to help Pakistan restore an inclusive and sustainable growth of its plunging economy.

International Monetary Fund to extend $6 billion bailout package to restore Pakistan's plunging economy

A top anti-corruption official in Thailand has been accused of concealing millions of dollars in assets including an upscale London apartment, according to the agency tasked with tackling endemic graft in the kingdom.

Thai anti-corruption official accused of hiding millions in assets

India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central banking authority of the Alpine nation.

Money in Swiss banks: India slips to 74th place, UK remains on top 

A Canadian man, who allegedly tried to swindle an entertainment company out of $284 million, has been arrested in the gambling hub of Macau, police said Monday. The suspect, a 61-year-old retiree of Chinese descent, was arrested on Friday after allegedly trying to transfer the money from the firm's bank account using bogus documents earlier in the week.

Canadian arrested in Macau for $284 million fraud attempt

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