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bitcoin.com ( NEWS) Apr 22, 2019 Opening a first bank account can be problematic for young companies in many jurisdictions around the world. The business accounts offered by  Cashaa  are designed for small and medium enterprises and startups registered worldwide, not only U.K. or EU-based entities. The accounts will allow them to accept both fiat and cryptocurrency payments. Cashaa’s Start plan allows businesses that already have a bank account to add a crypto payment option for their customers. It comes with cryptocurrency conversion up to £1 million and supports deposits and withdrawals in over 200 local currencies, including U.S. dollar, euro, British pound, and Indian rupee. The Standard plan offers a U.K. current account plus a free operations account linked with a Mastercard. It also provides crypto storage with easy conversion to fiat and support for local and international transfers. The online bank’s Advance plan is designed for crypto companies. It...

The Hindu Emran Feroz April 19, 2019 Since the March 15 terror attack in Christchurch, New Zealand, where a far-right extremist killed 50 people in mosques, media focus has shifted to such groups operating in Europe. One such group is the Identitarian Movement, known for its radical “activism” against Muslims, migrants, refugees and other minorities. While the movement calls itself a “patriotic NGO”, it is known for its political extremism, racism and hate speech. According to the Austrian government, Martin Sellner, the leader of the country’s Identitarian Movement, received a €1,500 donation from the Christchurch attacker. “We can now confirm that there was financial support and so a link between the New Zealand attacker and the Identitarian Movement in Austria,” Chancellor Sebastian Kurz said in late March. Mr. Sellner said on a video posted on YouTube that he had received a donation in early 2018, which involved an email address that matched the name of th...

Livemint Suneera Tandon 19 Apr 2019 Online retail in India will touch $170 billion or 8% of the total retail market of the country by 2030 growing at a CAGR of 21%, higher than the growth that offline retailers will see in the same period, brokerage firm Jefferies said in a report dated April 18. According to estimates by Jefferies, online retail is currently 25% of the total organised retail market: by 2030 it can jump to 37%. Jefferies conducted a survey of over 550 online shoppers across several cities in India. It tracked their shopping purchases in a survey that threw up interesting results. The brokerage noted that shoppers in India are now pivoting to online driven by convenience over discounts that drew the initial shoppers to the internet in India. While electronics and apparel have continued to see high demand, Jefferies said it has seen the emergence of newer shoppers buying into personal care and groceries a lot more in what can be seen as an imminent threat t...

Khaleej Times Sarwat Nasir April 21, 2019 UAE students attending International Baccalaureate schools will soon be learning about 'fake news' as part of a new requirement in their curriculum. Pupils will be educated on how to identify genuine and false news stories, along with the impact fake news can have on a person's life. Fake news - a phrase popularised by US President Donald Trump and other conservatives - has been under the spotlight worldwide, and social media platforms have been criticised for spreading it. Facebook, for example, has launched several initiatives to combat this issue, including shutting down many accounts that were found publishing hoax stories. The new subjects are applicable to thousands of pupils enrolled in the International Baccalaureate (IB) Diploma Programme and career-related programmes across UAE schools. The topics fall under a new course called Digital Society, which has been launched by the IB board. It will ...

Thee Indian Express April 22, 2019 Earlier this month, the World Bank said India’s GDP growth was expected to accelerate moderately to 7.5 per cent in fiscal year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. BEST OF EXPRESS LIVE Sri Lanka blasts: Fresh explosion near Colombo church; two more Indians dead 'Heat of political campaigning': Rahul regrets misquoting SC on Rafale order You can do 'Ilu Ilu' with Pak, but we will respond with bullets: Amit Shah to Mamata “The objective is to bank the unbanked, secure the unsecured, fund the unfunded and service the un-serviced areas,” Sinha said. Noting that India has taken strong initiatives for financial inclusion, he said in the the past three years, the government has opened over 320 million bank accounts for those who never had an account. “We have leveraged these bank accounts w...

The Print Shamika Ravi 17 April, 2019 As nearly a billion Indians go to the polls this month and next, no one doubts jobs will be central to their vote. We just can’t agree on whether the  employment picture  is rosy or dark. While the government cites payroll data to claim significant job creation, the opposition holds up a leaked preliminary report that pegged unemployment in 2017 at 6.1 percent, which if true would be the highest rate in 45 years. It might be more useful instead to concentrate on the most recent numbers we can all agree on, which come from a government survey of over 150,000 households across India between April and December of 2015. Although dated — it was conducted before demonetization and the introduction of a nationwide goods-and-services tax — the survey reveals several interesting things about  employment in India , including one trend of particular relevance to policymakers and another to jobseekers. The data suggest that, at lea...

The Indian Express April 22, 2019 Special Judge Arvind Kumar refused to grant the relief to Gupta whose judicial custody expires on Saturday and an order is yet to be passed on it. He was arrested by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA). A Delhi court Saturday dismissed the bail plea of Sushen Mohan Gupta, an alleged defence agent arrested in the Rs 3,600 crore VVIP chopper case. Advertising Special Judge Arvind Kumar refused to grant the relief to Gupta whose judicial custody expires on Saturday and an order is yet to be passed on it. He was arrested by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA). The probe agency had said Gupta’s role in the case came to light on the basis of disclosures made by Rajiv Saxena, who has turned approver in the case after he was deported from the UAE and arrested by the agency here. RTeference:  https://indianexpress.com/article/india/agustaw...

Business Standard April 20, 2019 “Finolex gets people together” — says the tag line on the corporate letterhead of Finolex, the largest maker of telecom cables, which would be an inspiring note, except, of late, its doing anything but that. Its promoters are taking up cudgels in what has turned out to be another family feud for control of a group in India Inc. At the immediate heart of the dispute is an inheritance that involves Rs 1,500 crore of shares that were bequeathed on a gift deed on a Rs 500 non-judicial stamp paper, claims one cousin, and an inheritor. The other questions its validity. During the AGM in 2018, where the re-appointment of Deepak Chhabria came up, his cousin Prakash Chhabria alleged that Deepak, as an authorised representative of Orbit Electricals, was instructed to vote against his re-appointment, but did the opposite, thereby allegedly acting contrary to instructions. According to PTI reports, the two have been engaged in a series of accu...