Asia India The Reserve Bank of India has informed fintech startups that it is banning the practice of loading non-bank prepaid payment instruments, like prepaid cards; the move may threaten the existence of many of the fintech startups
Asia India A temple in the southern Indian state of Kerala has introduced a mechanical elephant donated by People for Ethical Treatment of Animals India and actress Parvathy Thiruvothu to perform its rituals, in a pledge to stop using live animals for celebrations
Asia India Member of Reserve Bank of India's Monetary Policy Committee, Jayanth R Varma, expressed concern about India's pace of economic growth, describing it as 'very fragile', possibly lower than it needs to meet the aspirations of its growing workforce
Asia India India reportedly increased its oil purchases from Russia to a record 1,4 million barrels per day in January, 9,2% more than in December