Ripo News

How can temples be classified as ‘industry’, asks Tamil Nadu board in SC | India News

NEW DELHI: Tamil Nadu Hindu Religious & Charitable Endowments Commissioner Wednesday questioned the definition of ‘industry’ settled by Supreme Court in 1978, saying how it can cover temples when most of them are maintained from surplus money generated from donations to a few of them, reports Dhananjay Mahapatra.Appearing for the body which oversees administration, management…

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Algorand Foundation cuts 25% of workforce amid crypto market downturn: Algorand Foundation

The Algorand Foundation has laid off a quarter of its staff, citing macroeconomic uncertainty and depressed crypto prices as conditions worsen across the industry. The Algorand Foundation has cut 25% of its workforce due to macroeconomic uncertainty and lower cryptocurrency prices. The layoff at the organization behind the layer-1 Algorand blockchain reflects broader challenges facing…

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Temples not an ‘industry’, run on donations: Tamil Nadu board in SC | Delhi News

TN challenges ‘industry’ tag for temples in SC (Representative image) NEW DELHI: Tamil Nadu Hindu Religious & Charitable Endowments Commissioner questioned the expansive definition of ‘industry’ settled by Supreme Court in 1978 , saying how it can cover temples when most of them are maintained from the surplus money generated from donations received by a…

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Why retail credit is galloping in India

MUMBAI: The surge in retail credit in India rests on a quiet infrastructural shift-the growing ability of lenders to judge creditworthiness of borrowers quickly and cheaply. What has made this possible is a dramatic fall in the cost of obtaining credit reports, aided by digital scale and the proliferation of fintech platforms that allow consumers…

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