Digital Financial News

20.12 / 19:25
markets Digital Software Experts country medicines New list of over the counter drugs soon
«We have held many meetings and looking at what best can be done,» said Dr Anupam Prakash, chairman of the OTC sub-committee. Unlike other countries like the US, UK or China, India does not have a policy framework to support and regulate distribution, marketing and consumption of OTC drugs. This is despite the fact that commonly used medicines for cough and cold as well as contraceptives are sold over the counter. Neither the Drugs & Cosmetics Act, 1940 nor the Drugs & Cosmetics Rules, 1945 (D&C) defines OTC medicines.
20.12 / 19:25
markets Citi Digital Software Sustainability Experts PAM World Bank Okays $800 M Loan to Develop Amaravati
The multilateral body's financing will also catalyse more than $600 million in private sector investment to help the city become financially sustainable, it said in a statement. «The $800 million loan requested by the Government of India to develop Amaravati as an economic hub and state capital for Andhra Pradesh, has a final maturity of 29 years, including a grace period of six years,» it said.
20.12 / 19:25
markets Digital Google Strategy Software awards innovations Digital Competition Law unlikely before second half of FY26
digital competition law to regulate large players is unlikely to be finalised before the second half of the next fiscal, as the government intends to have comprehensive inter-ministerial consultations due to the complexity of the subject matter, people aware of the development said. The idea is to bring in such a law that would neither stifle innovation nor make compliances onerous but ensure that large players don't take advantage of their dominant positions to distort competition in the market, one of the officials involved with shaping the formal policy ET. «So, it would take some time,» the person added. Also, the corporate affairs ministry is currently focused on amending the insolvency and companies laws first, on top of scaling up the PM Internship Scheme.
20.12 / 19:25
markets Digital Airlines Software awards Experts PAM Christmas trees act: Lessor alleges SpiceJet removed aircraft engines
Spectre Cargo Solutions has alleged through its Irish affiliates that SpiceJet has removed engines from the five Boeing 737 freighter planes it had leased to the airline.. The airline, however, said that it has already returned two aircraft to the lessor and is working to return the three grounded aircraft to service within the first quarter of 2025. It said that the two parties are also working together to lease additional aircraft.
20.12 / 17:01
markets Digital Software community Monarch Sky News reports King Charles III dead or alive? Check latest update on British Monarch's cancer fight
King Charles III on Friday joked that he was «still alive» as he met east London community members at the end of a year in which the British monarch has battled cancer, as per a report. The quip, which came after a member of the public asked Charles how he was, followed reports on Friday that the 76-year-old sovereign will continue his cancer treatment into next year, AFP reported. Buckingham Palace sources told Sky News that «his treatment has been moving in a positive direction and as a managed condition the treatment cycle will continue into next year».
20.12 / 17:01
markets Digital Software Experts PAM AVP New Zealand W vs Australia W Live Streaming: When, where to watch second ODI match? Here are details
New Zealand are yet to cement their place at next year's 50-over World Cup, with the Kiwis currently sitting in sixth place on the Women's Championship standings with 21 points after no result was achieved at Basin Reserve on Thursday.
20.12 / 17:01
markets Digital Strategy Software Election 2020 Delhi polls: BJP's state election committee shortlists around 230 candidates for 70 seats
Delhi BJP president Virendra Sachdeva met for over four hours on Thursday to screen the names of suitable candidates from among a list of over 700 compiled by the Central observers, said a top party leader associated with the exercise. «The election committee shortlisted 3-4 names of potential candidates on each of the 70 seats. These names will be further discussed and shortlisted in the next meeting of the committee likely to be held on Saturday,» he said. The names of the candidates are likely to be declared next week after the list of shortlisted candidates is discussed by the BJP's central election committee, he added.
20.12 / 17:01
markets Digital Strategy Software reports Features rowing ​iPhone 17 Pro Design Takes Unexpected Turn: What’s New in Latest Report?
The initial leak came from Weibo user Digital Chat Station, who suggested that the iPhone 17 Pro would feature a horizontal row of cameras across the back of the phone. This arrangement was seen as a striking departure from the familiar triangular camera layout of the iPhone 15 Pro. The report included a render of an iPhone with three cameras placed in a straight line along the top edge, which led many to believe that this would be the new design for the iPhone 17 Pro. However, this idea now faces some skepticism. Also Read: Tell Me Lies Season 3: When will new episodes release and what’s next for Lucy and Stephen?
20.12 / 15:31
markets Digital security Software Experts PAM information Sebi simplifies offer document requirement for AMCs
Markets regulator Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier. This is aimed at streamlining the process, reducing timelines, and enhancing investor protection while simplifying compliance for AMCs. Earlier, AMCs had to upload draft Scheme Information Documents (SIDs) on Sebi's website for 21 working days to receive public comments. Over time, the regulator has standardised and updated the format and content of SIDs to improve investor communication.
20.12 / 15:31
markets Digital Software Experts PAM social reports US Congress scrambles to try to avert looming shutdown after Donald Trump demand rejected
US Congress was scrambling to avert a partial government shutdown on Friday, hours after more than three dozen Republicans rejected a demand by President-elect Donald Trump to use the measure to lift the nation's debt ceiling. Republican House of Representatives Speaker Mike Johnson was trying to plot a course that could pass both his chamber, with narrow Republican control, and the Democratic-majority Senate, as a midnight Friday (0500 GMT Saturday) funding deadline loomed. «We have a plan,» Johnson told reporters at the Capitol on Friday. «We're expecting votes this morning.»
20.12 / 15:11
Provident Digital Progressive Opinion Trade country innovations Opinion: If the U.S. doesn’t want to trade, let’s try Britain
With president-elect Donald Trump threatening punitive tariffs of 25 per cent, Canada should look to a reliable, old ally for expanding trade: the United Kingdom.
20.12 / 14:43
markets Digital Strategy Software Experts reports budget 2025 Budget 2025: Nirmala Sitharaman holds meet with states; Punjab and Kerala seek special financial packages
Nirmala Sitharaman, Punjab and Kerala have requested for special financial packages among other demands by states, reported ETNow quoting its sources. Additionally, states have demanded higher allocation for 50 year interest free loans, request for more flexibility in the Special Assistance for Capital Investment scheme under this category. «States urged for an increase in borrowing limits to support fiscal activities and highlighted the need for state-specific road development projects,» said sources, according to the ETNow report.
20.12 / 14:43
markets Digital Strategy Software film voice reports 'Mufasa: The Lion King' OTT release: Where and when to watch the animated Disney movie? Check details
Mufasa: The Lion King', directed by Oscar-winning Moonlight filmmaker Barry Jenkins, is a prequel to 2019's «live action» remake of The Lion King. The movie takes the viewers back to a time when Mufasa and Taka — as Scar was once known — were but young cubs roaming the plains together. The tale is told in flashback to Kiara (Blue Ivy Carter, making her acting debut), the young offspring of Simba (Donald Glover) and Nala (Beyoncé), who've left their daughter — and the rest of the movie — in the babysitting paws of Timon (Billy Eichner), Pumbaa (Seth Rogen) and the wise mandrill Rafiki (John Kani). Amid high anticipation, Mufasa: The Lion King opened to mixed reviews from the critics. However, the advance booking report for the opening day looked impressive. According to a tweet by trade analyst Sumit Kadel, Mufasa: The Lion King is expected to open to a whopping nett collection of somewhere between Rs 10-12 cr in India amid the Pushpa 2 craze, reports Filmibeat. ALSO READ: Amid Prince Harry-Meghan Markle divorce buzz, Duchess of Sussex's shocking allegation against King Charles, Queen Camilla
20.12 / 14:43
markets Digital Strategy Software President Interviews Nitish to lead charge in 2025 Bihar assembly polls: NDA
Nitish Kumar as its leader in the assembly polls due next year. Speaking to the media after a meeting held here to bring about better coordination at the grassroots level, state presidents of parties including the BJP, Kumar's JD(U) and Union minister Chirag Paswan's Lok Janshakti Party (Ram Vilas) also rubbished suggestions triggered by Union Home Minister Amit Shah's recent statement. Dilip Jaiswal, state minister and Bihar BJP chief said, «We should understand that Amit Shah was trying to underscore that he was a 'karyakarta' (worker) of a party in which big decisions are taken by the parliamentary board». «But, the leadership role of Chief Minister Nitish Kumar had been a given for long. There is no question of going back on that,» asserted Jaiswal.
20.12 / 14:43
markets Digital Strategy Software Sustainability awards Shriram Finance announces green finance vertical, aims Rs 5,000 crore under AUM in 4 years
Shriram Finance, India's second-largest Non-Banking Financial Company (NBFC) on Friday announced that it has consolidated all its green financing initiatives under Shriram Green Finance with Rs 5000 crore Asset Under Management (AUM) target for the nw vertifical over the next four years. The green finance vertical will be built through financing electric vehicles (EV), including two-wheelers, battery charging stations and renewable energy products, the NBFC's top executives said at a media conference, adding that, “building on its existing expertise in financing electric vehicles, Shriram green finance will provide sharper focus and clarity to its sustainability efforts.” The vertical aims to raise global and domestic funds which are focussed on green investments for onward lending with an initial focus on Karnataka, Kerala, National Capital Region (NCR) and Maharashtra. “The company is actively engaging with OEMs manufacturing EVs to establish long-term partnerships, ensuring seamless and accessible vehicle financing solutions,” the company said.
20.12 / 12:11
markets Digital Strategy Software Moodys Experts Maharashtra public holidays 2025 announced: Check Maharashtra state government holiday list for 2025
state government employees specific days off throughout the year, as authorized by Section 25 of the Negotiable Instruments Act of 1881. In Maharashtra, only banks will have a holiday on Tuesday, April 1, 2025, solely to close their annual accounts. Government offices are exempt from this holiday. Also Read: Andhra Pradesh public holidays 2025 announced: Check Andhra Pradesh state government holiday list for 2025
20.12 / 12:11
markets Digital Landmark Software Parke awards Healthcare Sattva Group acquires 8.5-acre land in Bengaluru’s EPIP for Rs 300 crore, expands commercial real estate footprint
Sattva Group has acquired an 8.5-acre land parcel in Bengaluru’s Export Promotion Industrial Park (EPIP) from a high-net-worth individual for approximately Rs 300 crore. The property, which previously housed the operations of global healthcare major Novo Nordisk India, has been a landmark in the area for over a decade. Novo Nordisk had operated from the campus for over 10 years before transitioning out. The campus has a fully functional operational unit with a built-up area of 188,000 square feet and offers future development potential of up to 1.2 million square feet, along with a data centre of 35 MW. Strategically located in one of Bengaluru’s prominent industrial and business hubs, the acquisition is set to strengthen Sattva Group’s presence in the city’s booming commercial real estate market.
20.12 / 10:53
markets UPS Digital Manufacturing Software Food President Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
Haldiram Snack, a leading player in the packaged food industry, will invest Rs 300 crore in Bihar to set up a manufacturing unit, said a company official here on Friday. The company, which manufactures sweets, namkeen, bhujia, snacks and other food items, has signed an MoU (memorandum of understanding) with the Bihar government to make an investment of Rs 300 crore, said its Vice President Sanjay Singhania. «We are setting up a manufacturing plant for sweets, namkeens and snacks in Bihar. We will be investing Rs 300 crore,» Haldiram Snacks Pvt Ltd Vice President Sanjay Singhania told PTI on the sidelines of Bihar Business Connect 2024. The Agarwal family-promoted company has acquired a 12-acre land at Sikanderpur in Bihta to set up this plant.

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