Regulators to dig deeper into worries over money-laundering checks

Regulators to dig deeper into worries over money-laundering checks

Banks say it has become more costly to comply with tougher customer checks against money-laundering and terrorist financing, putting pressure on regulators to ease up

Under RBI's incoming boss Urjit Patel, expect less chat, unified message
Under RBI's incoming boss Urjit Patel, expect less chat, unified message

When Urjit Patel became head of the Reserve Bank of India's monetary policy department three years ago, the to and fro of bankers and traders meeting officials for cosy, broad-ranging discussions abruptly ended.

Now, WhatsApp will share your phone number, other data with Facebook
Now, WhatsApp will share your phone number, other data with Facebook

WhatsApp, Facebook Inc's popular messaging service, will start sharing users' phone numbers with its parent, allowing for more relevant advertisements and friend recommendations on the social network.

AUTOMOBILES

Honda looks to revamped Acura NSX to fire up brand image
Honda looks to revamped Acura NSX to fire up brand image

With its aggressive design and six-figure price tag, Honda Motor Co's revamped NSX is a far cry from its 'cheap and cheerful' Civic sedans, but the automaker is betting the car will return some spark to its brand image and product line-up.

TECHNOLOGY

Canon 5D Mark IV: From 4K video to built-in WiFi, here's all you need to know about the latest full-frame DSLR
Canon 5D Mark IV: From 4K video to built-in WiFi, here's all you need to know about the latest full-frame DSLR

To much relief for anxious fans, Canon on August 25, unveiled the 5D Mark IV, the fourth edition of the company’s popular full-frame DSLR camera which was originally launched in 11 years ago.

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COMMODITIES

Oil prices fall as market focus returns to global supply overhang
Oil prices fall as market focus returns to global supply overhang

Crude prices edged lower on Thursday as brimming US and Asian fuel inventories returned investors' attention to a large global supply overhang, cutting short a price rally and restricting Brent crude futures to below the $50 a barrel mark.

Horoscope: By Peter Vidal

Today ( 26 Aug )This Week ( 21 Aug - 27 Aug )

SAGITTARIUS It's surprising how much your attitudes to money are bound up with fears and feelings about emotional security. I told you yesterday how cash complaints could come between you and a colleague or partner. Now is the… read more