Digital Financial News

11.01 / 14:37
markets Digital Manufacturing Strategy Trade Experts PAM Indian gem & jewellery market to soar from $85 billion to $130 billion by 2030: GJEPC
Indian gem and jewellery market, currently valued at USD 85 billion, is poised for rapid growth, projected to reach USD 130 billion by 2030 according to the Gem & Jewellery Export Promotion Council (GJEPC), the apex trade body of the gem and jewellery industry. While addressing a press conference Vipul Shah, chairman of GJEPC said “GJEPC has invested Rs 150 crores in the global generic promotion of diamonds till date. To strengthen this effort, GJEPC partnered with De Beers to promote diamonds through Retail Alliance in India, with a formal MoU signed on January 7."” De Beers Group, the world’s leading diamond company, and GJEPC announced the commencement of a strategic collaboration to strengthen the natural diamond narrative within the Indian gem and jewellery trade.
11.01 / 14:37
markets Digital Strategy Election PAM rights Rift widens in MVA? Shiv Sena (UBT) to contest Maharashtra local bodies polls solo
Maha Vikas Aghadi's rout in the state assembly elections, key constituent Uddhav Thackeray-led Shiv Sena (UBT) on Saturday announced to contest local bodies polls solo, a move raising question mark over the opposition bloc's unity. Shiv Sena (UBT) leader Sanjay Raut cited the lack of opportunities for workers of respective parties in an alliance and the right to organisational growth as the major considerations for contesting solo. Two days back, the Uddhav Thackeray-led party announced its support for Arvind Kejriwal's AAP in the February 5 Delhi Assembly elections, in a snub to the Congress. Reacting to Raut's announcement, a Congress leader said the party's central leadership will take a call on whether Congress will contest solo or otherwise in local body polls, the schedule of which is yet to be declared.
11.01 / 12:49
markets Digital Waters Strategy Experts PAM Assam mining tragedy: Bodies of 3 more labourers trapped in coal quarry recovered
The four deceased labourers were among the nine workers trapped inside the mine in Umrangsu on Monday after a sudden gush of water flooded the quarry. «The rescue operations resumed this morning and three bodies were recovered as the search for trapped miners entered its sixth day. The body of one labourer, hailing from Nepal, was recovered on January 8,» the official said.
11.01 / 12:49
markets Target Digital Strategy Experts PAM India adds record renewable energy capacity of about 30 GW in 2024
Besides, India needs to add an average of 50 GW of renewable energy capacity per annum over the next six years to achieve its target. «Exponential growth from 13.75 GW in 2023 to around 30 GW in 2024, resulting in achieving nearly 218 GW now underscores India's growing commitment to clean energy and its progress in building a greener future,» New & Renewable Energy Minister Pralhad Joshi said in a post on X.
11.01 / 12:27
markets Digital Strategy PAM hospital testing infection 9-month-old child tests positive for HMPV in Gujarat; cases rise to four in state
human metapneumovirus (HMPV) case, with a nine-month-old child contracting the infection in Ahmedabad, officials said Saturday. All the cases have been reported in less than a week. The baby boy was admitted to a private hospital in the city on January 6 with a cold, cough and difficulty in breathing. He has no history of foreign or other travel, the Ahmedabad Municipal Corporation said. On Friday, an eight-year-old boy from Sabarkantha district was confirmed to be infected with HMPV, making him the third case in the state. Two days back, an 80-year-old man tested positive for the viral infection in Ahmedabad. The patient, who has been suffering from asthma, is currently being treated at a private hospital.
11.01 / 11:49
markets Digital Strategy Hallmark PAM karate 22 karat gold today: Check latest gold jewellery rates of Malabar Gold, Joyalukkas, Kalyan Jewellers, Tanishq
Gold jewellery cost calculation: How jewellers calculate price of gold jewellery Gold prices have historically increased during times of economic turbulence or uncertainty because investors frequently see it as a «haven» asset that can hold its value even while other investments, such as stocks, are struggling.
11.01 / 11:49
markets Digital Strategy President Experts PAM country Extensions in service set back to those who are in line: Vice President Dhankhar
Vice President Jagdeep Dhankhar said on Saturday that extensions in service, extensions in any form for a particular post are set back to those who are in line. Dhankhar was delivering the inaugural address at the 25th National Conference of Chairpersons of State Public Service Commission being held in Bengaluru. According to him, extension of service indicates that some individuals are indispensable. «Indispensability is a myth. Talent abounds in this country. No one is indispensable. And therefore, it lies in the domain of public service commissions at the state and the central level that when they have a role in such kinds of situations, they must be firm,» added the VP. He also said public service commissions' appointments cannot be driven by patronage, or by favouritism.
11.01 / 11:49
markets Digital Strategy Puzzle Forbes PAM reports NYT Mini Crossword Jan 11: Solve today’s word puzzle with these hints and answers
A scaled-down version of the famed New York Times Crossword, the Mini delivers a daily dose of wordplay that fits snugly into busy schedules. With a five-by-five grid and a handful of clues, it’s a quick diversion that tests wit and vocabulary, as mentioned in a report by Forbes.
11.01 / 11:15
FIVE Digital security War country reports The front line of the tech war is in Asia
Subscribe to enjoy similar stories. A technology tussle between the two superpowers is never far away. This week the Wall Street Journal reported a breach of American telecoms networks by a Chinese hacking group known as “Salt Typhoon", which was seemingly intended to glean knowledge about American wiretapping activities.
11.01 / 10:43
markets Digital Strategy community PAM Karnataka: Don't want any MLA to shout out his support for me, says DK Shivakumar amid rumblings in Congress
DK Shivakumar on Saturday said he was not looking for anyone's support and he worked as per the wishes of the Congress party amid public voices of resistance within the Cabinet to his ambitions to succeed chief minister Siddaramaiah. The CM is scheduled to present his budget in March, and there are speculations that the party might begin preparations to replace him with Shivakumar in the following months. Shivakumar is also the president of Karnataka Pradesh Congress Committee (KPCC). There was a dinner meeting organised by PWD Minister Satish Jarkiholi and another was planned by Home Minister G Parameshwara, both tall leaders from the SC/ST communities. Parameshwara's meeting, however, got cancelled on intervention by the AICC general secretary RS Surjewala reportedly on complaints from Shivakumar.
11.01 / 10:43
markets Digital Strategy Election PAM rights Rift growing in MVA? Shiv Sena (UBT) to contest Maharashtra local bodies polls solo
Maha Vikas Aghadi's rout in the state assembly elections, key constituent Uddhav Thackeray-led Shiv Sena (UBT) on Saturday announced to contest local bodies polls solo, a move raising question mark over the opposition bloc's unity. Shiv Sena (UBT) leader Sanjay Raut cited the lack of opportunities for workers of respective parties in an alliance and the right to organisational growth as the major considerations for contesting solo. Two days back, the Uddhav Thackeray-led party announced its support for Arvind Kejriwal's AAP in the February 5 Delhi Assembly elections, in a snub to the Congress. Reacting to Raut's announcement, a Congress leader said the party's central leadership will take a call on whether Congress will contest solo or otherwise in local body polls, the schedule of which is yet to be declared.
11.01 / 10:43
markets Digital Booking Strategy PAM concert Honey Singh Millionaire India Tour 2025: Dates, ticket info, how to book, and all you need to know
Honey Singh is back! The popular singer and rapper has officially announced his Millionaire India Tour 2025, and tickets went live on January 11 at 2 pm. If you’ve been waiting for this moment, now's your chance to grab those tickets! The concert will take place in 10 cities across India, including Mumbai on February 22, Lucknow on February 28, Delhi on March 1, Indore on March 8, Pune on March 14, Ahmedabad on March 15, Bengaluru on March 22, Chandigarh on March 23, Jaipur on March 29, and wrapping up in Kolkata on April 5.
11.01 / 10:43
markets Digital Fighting security Strategy PAM country Dark web, cryptocurrency, drones continue to be challenge: Amit Shah
Amit Shah said on Saturday that dark web, cryptocurrency, online marketplace and drones continue to be a challenge for the country and these have to be checked by strict measures. Chairing a regional conference on 'Drug Trafficking and National Security' here, Shah also asserted that the country will not allow even a single kg of drugs to be smuggled in or out of the country. He said the government has not only been successful in eliminating many networks of drugs, but the terrorism linked with them too was also destroyed. He said many cases of narco-terrorism were busted in Jammu and Kashmir, Punjab, Gujarat and Uttar Pradesh and these were major achievements. «The use of dark web, cryptocurrency, online marketplace, drones continue to be a challenge for us even today,» he said.
11.01 / 09:13
markets Digital Strategy Experts PAM social reports CAG report on Delhi's scrapped excise policy reveals Rs 2,026 cr loss to AAP govt; BJP & Congress react
The report, which has not yet been made public, has raised significant concerns about the policy. Reacting to the report, BJP MP Manoj Tiwari said, CAG has revealed the whole story of the corruption of AAP chief Arvind Kejriwal, who has played the role of a broker by destroying the happiness of Delhi.
11.01 / 09:13
markets Digital Booking Platform Strategy Experts PAM IRCTC down again, fourth outage since last month frustrates users
The users complained that they were unable to access the platform. While logging, many greeted with an error message that read, «Booking and cancellation for all sites will not be available for the next hour. We deeply regret the inconvenience caused.» One user posted, «IRCTC Down!!! Users are unable to book tickets as the website faces its first outage of 2025! The site had previously gone down just before New Year, marking the second service disruption in less than two weeks.»
11.01 / 09:13
markets Digital Strategy Experts PAM information Investigations "Took loan to pay fraudsters...": Bengaluru woman loses over Rs 1.2 crore in digital arrest scam
digital arrest scam and lost more than Rs 1.2 crore between December 21 and January 3. In a desperate attempt to pay the fraudsters, she even took out a loan of Rs 40 lakh after they drained her savings. According to a TOI report, Keerthana (name changed), from east Bengaluru, lodged a complaint with the East CEN Crime police, revealing that the scam began on December 11 when she received an IVR call from a number (+971 71518333) claiming to be from the courier service ‘DHL’. Following the instructions, she spoke to someone pretending to be a courier executive, who told her that a parcel sent in her name contained six fake passports, ATM cards, and illegal drugs like MDMA. Keerthana explained that she hadn't ordered any such parcel. She was then told that she needed to go to Mumbai to clear the matter with the police. When she expressed that she couldn't immediately travel, the fraudster connected her to someone posing as «Sunil Dutt Dubey», a police officer from Mumbai's crime team.
11.01 / 09:13
markets Digital Strategy CAT PAM evacuation Californians scrambled to evacuate dogs, cats, horses, even pigs as LA flames closed in
But she still had nine more dogs and a pig to evacuate, so flagged down some 18-year-olds with a truck who agreed to take them to a shelter. She couldn't bring two ponies with her, but she left the corral open so they could escape if needed. «That's how we evacuated almost 30 animals,» she said. «It was crazy.»
11.01 / 09:13
markets Digital Strategy Experts Justice PAM Courts Ex-judge moves HC over gratuity payment for serving as dy Lokayukta
Madhya Pradesh High Court has served a notice to the principal accountant general, Gwalior, on a petition filed by retired judge and former deputy Lokayukta Umesh Chandra Maheshwari seeking direction for his gratuity payment. A division bench of Chief Justice SK Kait and Justice Vivek Jain issued notices while hearing the former judge's plea on Wednesday. Justice Maheshwari became the deputy Lokayukta after his stint as a high court judge. As per the plea, Maheshwari was appointed as the deputy Lokayukta of Madhya Pradesh with effect from June 28, 2016, and rendered his services till June 27, 2022.
11.01 / 07:13
markets Digital Strategy Experts PAM Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvency
Supertech Township Projects, has rejected the settlement proposal and NCLAT will now take a final decision on the insolvency of the debt-ridden realty firm. Counsel representing Ram Kishore Arora, the suspended director of the realty firm informed NCLAT on Thursday about the rejection of the settlement proposal. «Counsel for the appellant (Arora) submits that they have received the communication from Punjab & Sind Bank that the proposal submitted by the appellant is not acceptable,» noted an NCLAT order recording the submissions. A three-member bench of the National Company Law Appellate Tribunal (NCLAT) said it will have to take a «final decision» in the matter as the appeal has been pending for the last several months.
11.01 / 07:13
markets Provident Digital Progressive Waters Strategy PAM Delhi battles to quench its thirst every summer, and why it could get worse this year
Delhi Jal Board (DJB), which manages water distribution to 2.7 million registered consumers, struggles every year in summers with both water quality and quantity. The national capital relies heavily on supplies from neighboring states and facing challenges in meeting growing demand. A severe water shortage during last year's summer led to restrictions and fines for water misuse. Tragically, a dispute over water resulted in a fatality in East Delhi. The Delhi government blamed Haryana for the crisis, alleging reduced water supply. The political tension between the two states escalated, with Delhi's then-water minister staging a protest. Delhi's water allocation, based on a 1994 agreement with neighboring states, is set to expire in 2025, raising concerns about future supplies. A government source highlighted the disparity in water allocation: “Delhi's share of water has been constant at 1,005MGD since 1994. Delhi, whose population has grown three times since 1994 to 3 crore, receives 1,005 MGD of water, while Haryana, with a population also of 3 crore, receives 6,500 MGD of river water.” A long-delayed dam project in Himachal Pradesh, intended to supplement Delhi's water resources, remains incomplete.
11.01 / 07:13
markets Digital Strategy Bill Experts PAM reports How high electricity bill led to discovery of 6 month old murder in a Madhya Pradesh house
According to a TOI report, the house was owned by businessman Dhirendra Shrivastava, who has been living in Dubai for the past six months. The house had a room, kitchen, and toilet on the right side, while the left side contained two bedrooms and a hall. The two sides were connected by a staircase that led to the upper floor, which remained in Shrivastava's possession. In July 2024, Balveer Rajput, a resident of Ingoria in Ujjain, rented the ground floor. He had repeatedly asked the landlord, who was in Dubai, to unlock another room for his family, which included his wife and two children aged 10 and 11, as the room had been kept locked by the previous tenant. Eventually, the landlord gave permission to unlock the room.

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