Seth Godin News

24.10 / 11:33
markets Citi Platform Strategy Food PAM reports Blinkit unveils EMI option for items above Rs 2,999
Blinkit, the quick-commerce arm of food delivery major Zomato, has introduced an option to purchase items on equated monthly instalments (EMI). “EMI options will be applicable on all orders above Rs 2,999 (except orders that contain gold and silver coins),” Blinkit chief executive Albinder Dhindsa wrote in a post on microblogging platform X. This is similar to ecommerce platforms, which have been offering EMI options for a while. The move is aimed at making purchases more affordable for consumers, driving higher spending, especially for big-ticket items.
24.10 / 11:33
markets Digital Strategy NVIDIA PAM country innovations India will be fastest emerging global innovation hub: Mukesh Ambani
Reliance Industries chairman Mukesh Ambani said in a conversation with Nvidia chief executive officer (CEO) Jensen Huang. Speaking at the Nvidia AI Summit in Mumbai on Thursday, Ambani said India is now one of the top countries in digital infrastructure, alongside the US and China. “India now has the best digital connectivity infrastructure, apart from the US and China, with 4G, 5G, and broadband systems in the world,” he said.
24.10 / 11:33
markets UPS Digital Strategy PAM reports Go Digit posts 3x jump in Q2 net profit; gross premium collected at Rs 2,368 crore
Go Digit General Insurance posted a net profit of Rs 89.4 crore for the July-September quarter, up 222% from Rs 27.7 crore a year earlier. The new-age general insurance company reported a gross written premium of Rs 2,368.5 crore in the September quarter, up 14% from Rs 2,073.8 crore a year back. In a filing with the stock exchanges, the Fairfax-backed insurance company said it has reappointed its founder Kamesh Goyal as the non-executive chairman for a period of five years from October 24, 2024, subject to insurance regulator IRDAI’s approval.
24.10 / 11:33
markets President Experts PAM country reports Russia moves to ratify N. Korea defence treaty, Seoul issues warning
Russia moved to ratify a key defence pact with North Korea on Thursday, while South Korea warned it would not «sit idle» if Pyongyang deployed thousands of troops to help Moscow fight Ukraine. Seoul's spy agency says thousands of North Korean soldiers are currently training in Russia and are likely to deploy to the front lines in Ukraine soon, with thousands more to be sent by December. Lawmakers in Russia's lower house of parliament voted unanimously on Thursday to ratify a treaty with North Korea that provides for «mutual assistance» if either party faces aggression.
24.10 / 09:39
markets Strategy Election RAI PAM Punjab bypolls: BJP's Manpreet Badal, AAP's Ishank Chabbewal file nomination papers
BJP candidate Badal filed his nomination from the Gidderbaha segment. He was accompanied by Union minister Ravneet Singh Bittu and senior party leader Avinash Rai Khanna. Badal was elected to the assembly from Gidderbaha on a Shiromani Akali Dal ticket in 1995, 1997, 2002 and 2007.
24.10 / 09:39
markets Strategy PAM testing cricket bowling As Ravichandran Ashwin surpasses Nathan Lyon, here is the list of top 10 wicket takers in Test cricket
Ravichandran Ashwin surpassed Australia's Nathan Lyon to become the seventh highest wicket taker in Test cricket during the first innings of the second Test against New Zealand at Pune. Ashwin got his 531st Test wicket when he dismissed Devon Conway for his third wicket in the innings. The Tamil Nadu bowler has the second highest wickets for India, only behind Anil Kumble's 619 scalps. Playing in his 104th Test, Ashwin has a bowling average of 23.74 and a strike rate of 50.38. He has the joint second most five-wicket hauls at 37, sharing the record with Australian great Shane Warne. Sri Lankan legend Muthaih Muralitharan leads the list with 67. Additionally Ashwin has scored 3438 Test runs at an average of 26.45, including six centuries.
24.10 / 06:43
markets Aware Strategy Yellow country social Features 'Made using AI': Delhi Metro’s breast cancer awareness ad stirs controversy over insensitive imagery
breast cancer awareness in a women’s coach of the Delhi Metro’s Yellow Line has ignited significant backlash due to its inappropriate language and imagery. The campaign, intended to mark Breast Cancer Awareness Month, has faced widespread criticism for referring to breasts as “oranges,” a term many deem insensitive and distasteful. The poster, created by the YouWeCan Foundation, features AI-generated images of women holding oranges on a bus, with the tagline “Check your oranges every month.”
23.10 / 06:31
markets Provident Digital Extreme Food Experts PAM CEC Rajiv Kumar thanks villagers who supplied essentials while stuck in remote area of Uttarakhand
Indo-Tibetan Border Police (ITBP) team that came to his aid after he was rescued from the remote Ralam village in Uttarkhand’s Pithoragarh district following an emergency helicopter landing due to inclement weather and left stranded at over 12,000 feet. Ralam is a high Himalayan village and is typically deserted during winter. Despite this, three villagers — Ishwar Singh Nabiyal, Surendra Kumar, and Bhupendra Singh Dhakriyal — trekked over 38km through rugged terrain to reach Kumar, who was stuck without food or proper shelter. He was with two other poll officials and the pilot of the chopper. The villagers provided warm noodles and other essential supplies to the officials. They arrived at the village around 1:00 am after battling extreme conditions.
23.10 / 06:31
markets Digital Experts RAI Justice PAM Courts Chhota Rajan's life sentence suspended, grants him bail in Mumbai hotelier's murder case in 2001
Bombay High Court on Wednesday suspended the life sentence of gangster Chhota Rajan in connection with the murder of hotelier Jaya Shetty here in 2001 and granted him bail in the case. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan directed Rajan to furnish a bond of Rs one lakh for the bail. Rajan will, however, continue to remain in jail in connection with other criminal cases. In May this year, a special court convicted Rajan in the hotelier's murder case and sentenced him to life imprisonment.
23.10 / 06:31
markets security Experts reports International Arsenal North Korea's Kim Jong Un visits missile bases, cites US nuclear threat
Kim Jong Un has visited missile bases to examine their readiness to undertake actions of «strategic deterrence», while calling U.S. nuclear capabilities a growing threat to the country, state media reported on Wednesday. The U.S. strategic nuclear arsenal poses an «ever-increasing threat» to North Korea's security environment, which demands that Pyongyang maintain a strict counteraction posture of its nuclear forces, he was quoted as saying by KCNA. North Korea has been stepping up its development of ballistic missiles and a nuclear arsenal, drawing international sanctions, and forming close military relations with Russia.
23.10 / 06:31
markets Digital security Strategy Experts Universities information DSP Mutual Fund changes fundamental attribute of two equity schemes
DSP Mutual Fund has announced a change in fundamental attributes of its two equity schemes: DSP Equity & Bond Fund and DSP Quant Fund. The changes will be effective from November 28. The fund house informed about these changes through a notice-cum-addendum.
23.10 / 06:31
markets Digital Experts RAI PAM Schools NMDC increases iron ore prices by over 18 pc since August
NMDC has announced another price hike for its iron ore effective from October 23, a notification said. The price of lump ore has increased by 18.69 per cent since August this year and by 10.43 per cent in October alone to Rs 6,350 per tonne. While fines have seen a 17.35 per cent hike since August and a nearly 8 per cent rise in October to Rs 5,410 per tonne.
23.10 / 06:31
markets Digital BAY Experts PAM isolate evacuation Odisha deploys 288 rescue teams, evacuates people as Cyclone 'Dana' heads toward Bay of Bengal
Bay of Bengal intensified into cyclonic storm 'Dana' on Wednesday morning, the Odisha government expedited the evacuation of people from coastal areas and deployed 288 rescue teams in vulnerable areas across 14 districts, officials said. The state government has already mobilised 19 National Disaster Response Force (NDRF) teams, 51 Odisha Disaster Rapid Action Force (ODRAF) teams, and 178 Fire Services teams, with an additional 40 teams also deployed in the affected districts. On Wednesday morning, the Indian Air Force transported 150 NDRF personnel and relief materials to Bhubaneswar using two aircraft.
22.10 / 16:13
markets COST Gap RAI reports Schools RBI move to slow down gold loan growth, lead to uptick in delinquencies: Crisil
gold loan disbursements during the transition phase and curb growth in the business," the note by Crisil said. It can be noted that a few weeks ago, RBI had flagged certain irregular practices in loan against gold jewellery and asked lenders to comprehensively review their policies, processes and practices to identify gaps and initiate remedial measures in a time-bound manner. The notification had flagged deficiencies in the monitoring of the loan-to-value (LTV) ratio, asset classification norms for overdue loan accounts, and inadequate due-diligence in monitoring the end-use of gold loans.
22.10 / 14:45
markets Digital Platform Airlines Sustainability Experts Schools Air India to invest in customer service tech in its turnaround journey
“Digital will be one of the competitive advantages for Air India. We want to be the most technologically advanced airline in the world,” Satya Ramawamy, Chief Digital and Technology Officer at Air India. The airline, which lacked any modern technology in its daily functioning before privatisation, has invested heavily to upgrade its digital capabilities including investing in artificial intelligence.
22.10 / 14:45
markets Digital Aware PwC Diversity reports rights 75% consumers unaware of masked Aadhaar as identity proof: survey
Aadhaar, wherein only the last four digits are visible, is an accepted proof of identity. 72% are also uninformed about the rules of handling a minor's data and the requirement of needing the consent of parents or guardians—these are findings revealed in a PwC report. The report noted that out of the surveyed individuals, only 16% of consumers are aware of the Digital Personal Data Protection (DPDP) Act across diverse geographies, age groups, occupational backgrounds, and urban-rural divides.
22.10 / 14:29
markets Digital Fighting security Election President US election 2024: Kamala Harris, Joe Biden are facing 'dangerous development' and it's not about Donald Trump
Kamala Harris and Republican candidate Donald Trump are fighting the US election 2024. «We are consulting with our allies and partners on the implications of such a dramatic move,» deputy U.S. Ambassador to the U.N. Robert Wood told the 15-member United Nations Security Council. Russia invaded neighboring Ukraine in February 2022. Ukrainian President Volodymyr Zelenskiy has accused Pyongyang of preparing to send 10,000 soldiers to Russia. Ukraine's U.N. Ambassador Sergiy Kyslytsya told the Security Council on Monday: «These troops are expected to be ready for war against Ukraine by November 1.»
22.10 / 07:19
markets UPS Digital Entertainment Trade travelers Zomato helps Paytm make lemonade out of lemons, at least for a while
Paytm has beat expectations or at least managed to do so for now, thanks to Zomato. One97 Communications, which operates fintech and digital payments major Paytm was expected to clock higher revenue growth but the losses were expected to widen in Q2. Losses for the July-September 2024 period were likely to widen up to Rs 660 crore from Rs 290 crore in the same period of last year. However, beating expectations in the second quarter of FY 2025, Paytm posted a profit of Rs 930 crore, largely fueled by a one-time exceptional gain of Rs 1,345 crore from selling its entertainment ticketing business to Zomato.
22.10 / 07:19
markets Digital Justice country reports Courts rights Supreme Court warns ED for the manner which PLMA is being implemented
Supreme Court on Monday criticised the Enforcement Directorate (ED) and expressed concern over the way in which PMLA was being implemented. It also made it clear that any high-handedness against any accused in violation of their fundamental rights would not be allowed, reported TOI. “ED officers should remember that there is something called Article 21 in the country (which guarantees right to life and liberty),” the Supreme Court said. A bench of Justices Abhay S Oka and Augustine George Masih took exception to the way in which former IAS officer Anil Tuteja was issued summons and arrested in a hurry. It sought an explanation from ED.
22.10 / 07:19
markets Digital President Experts RAI Schools BJP holds protests against Arvind Kejriwal, alleges misuse of taxpayers' money in 'Sheeshmahal'
AAP supremo Arvind Kejriwal of spending taxpayers' money on personal comfort during his tenure as Delhi chief minister. The BJP leaders alleged that Kejriwal spent crores on lavish items and modern facilities at his official residence at 6 Flagstaff Road. Kejriwal after resigning as Delhi Chief minister vacated the Flagstaff Road bungalow in Civil Lines earlier this month. In a protest near Kejriwal's current residence on Firozshah Road, Delhi BJP president Virendra Sachdeva alleged that 15 toilet seats installed at "Sheeshmahal" (Flagstaff Road bungalow) after spending lakhs of rupees were missing.
22.10 / 07:19
markets Digital Analysis RAI performer Schools 48% of equity mutual funds outperform benchmarks in September
The assets under management (AUM) of equity mutual funds has surged by 3.10% sequentially to Rs 26.43 lakh crore in September 2024 from Rs 25.64 lakh crore in August 2024 (excluding sectoral / thematic funds), according to latest study on mutual fund performance analysis by PL Wealth Management.

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