Government in its another clarification about the Financial Regulatory and Deposit Insurance (FRDI) Bill 2017 said the preferential treatment would be given to depositors and the bail-in clause would not be applied to public sector banks.

posted by Jawwad Kazi 3rd Jan 2018

The spurt in the prices of Bitcoin and other cryptocurrencies seems to have rung an alarm bell, with the Finance Ministry expressing concern and likening them to Ponzi schemes.

posted by Jawwad Kazi 1st Jan 2018