Digital Financial News
12.12 / 17:55
markets
Digital
Software
Research
Experts
PAM
mountaineering
Indian Light Tank successfully completes high-altitude firing trials
Indian Light Tank (ILT) has been developed to boost the Army's combat capabilities along the frontier with China. The latest trial of the tank followed the phase-one trial in the desert environment in September. «The Indian Light Tank has achieved a major milestone by firing a number of rounds at different ranges at an altitude of more than 4200 m, at a high altitude location with consistently accurate results,» the ministry said.
12.12 / 17:55
markets
Digital
Software
Bill
Experts
RAI
country
LS nod to bill to amend disaster management law
Lok Sabha on Thursday passed a bill to strengthen the efficient working of the national and state disaster management authorities with the government emphasising that the legislation will help states in handling all disasters in a better way. The House cleared the Disaster Management (Amendment) Bill, 2024 to amend the Disaster Management Act by a voice vote. Several amendments moved by opposition members were negated by the House. The government said states faced difficulties in implementing the Disaster Management Act of 2005. The proposed amendment is based on overcoming the difficulties flagged by states.
12.12 / 17:35
Digital
Strategy
Software
show
exclusive
Features
Videos
Dexter: Original Sin: Check confirmed premiere date, time, episode schedule and where to watch
Dexter: Original Sin is set to expand the story of Dexter Morgan. It will focus on his formative years. The show will feature a total of 10 episodes.
12.12 / 17:35
markets
Digital
SUN
Strategy
Software
reports
Scandals
Bombshell lawsuit linked to Diddy scandal slowly beginning to hurt Jay-Z; now, source says NFL could end $25 million multi-year deal with his company Roc Nation
NFL is reportedly reassessing its partnership with the company of Jay-Z named Roc Nation following the extremely shocking allegations linking him to a sexual assault incident involving Sean Diddy Combs, reported The US Sun. According to The US Sun, the lawsuit which was actually filed by an unnamed woman claims that both men participated in the assault at a party in the year 2000 when she was just 13 years old. While Sean Diddy Combs is currently lodged in jail awaiting his trial for racketeering and sex trafficking, this is the very first time Jay-Z has been publicly implicated in any allegations against him. Also Read: Dexter: Original Sin: Check confirmed premiere date, time, episode schedule and where to watch
12.12 / 17:35
markets
Digital
Software
Experts
PAM
show
Yellowstone Season 5 Finale date, spoilers, streaming, telecast: All viewers need to know
Yellowstone Season 5 Finale date is nearing as the Peacock's popular show will end ahead of Christmas 2024. Yellowstone Season 5 Finale is scheduled on Sunday, December 15 at 8 pm (ET). The show will be telecast on Paramount Network. Even though Yellowstone Season 5 Finale is almost here, there is no clarity over whether there will be season 6 or not. There are rumours that Yellowstone Season 5 Finale may witness a showdown among Jamie, Beth and Rip.
12.12 / 17:35
markets
Digital
Software
Election
Experts
stars
Chill down the spines of British PM? Punters say, Reform leader Nigel Farage favourite to replace Sir Keir Starmer as the next prime minister
Nigel Farage has eventually emerged as the favorite to replace Sir Keir Starmer as the upcoming Prime Minister of the UK while eminent Ladbrokes have placed his odds at 5/2, reported Daily Star. According to Daily Star, this certain shift in betting comes amidst a surge of support for The Reform UK party of Nigel Farge while the party is now being seen as a potential contender for the most seats in the next general election. Kemi Badenoch who is the current Tory leader eventually follows with odds of 3/1 while Angela Rayner who is the Deputy Prime Minister stands at 6/1. Also Read: Bombshell lawsuit linked to Diddy scandal slowly beginning to hurt Jay-Z; now, source says NFL could end $25 million multi-year deal with his company Roc Nation
12.12 / 17:35
Digital
Platform
Strategy
Software
film
voice
Videos
Transformers One: When and where to watch online? Here’s all about its digital release
Transformers One has been released on digital platforms, allowing fans to enjoy the movie at home. The film explores the origins of iconic Transformers characters Optimus Prime and Megatron.
12.12 / 17:35
markets
Digital
Strategy
Software
Justice
reports
Investigations
Concern over Syria's chemical weapons stockpile triggers emergency meeting of global monitor
The Organization for the Prohibition of Chemical Weapons on Monday told Syria that it is under obligations to comply with rules to safeguard and destroy dangerous substances, such as chlorine gas, after rebels entered the capital, Damascus, over the weekend. «Chemical weapons have been used in Syria on multiple occasions and victims deserve that perpetrators that we identified be brought to justice and held accountable for what they did and that investigations continue,» Fernando Arias Gonzalez, the OPCW secretary general, said in his opening remarks.
12.12 / 14:21
12.12 / 14:19
markets
Citi
Digital
Strategy
Software
Sustainability
Experts
ADB extends USD 788.8-mn loan to develop Amaravati as green, smart capital city
The Amaravati Inclusive and Sustainable Capital City Development Program is designed to transform Amaravati into a growth hub for the region, enhancing economic prospects, providing job opportunities, and improving living conditions of the residents, it said. Public investments will focus on key infrastructure development, including trunk infrastructure, government complex, and neighbourhood infrastructure benefiting farmers who are the stakeholders under the land pooling schemes, it said.
12.12 / 14:19
markets
Digital
Software
Election
Bill
rights
One Nation One Election: Siddaramaiah slams Cabinet decision, says Karnataka assembly will adopt resolution
Siddaramaiah on Thursday slammed the Union Cabinet's decision on introducing the One Nation, One Election (ONOE) Bill and described the move as an assault on parliamentary democracy and the federal structure of India. The decision was a sinister conspiracy to curb the rights of states, he said in a statement. «At a time when the current electoral system is in dire need of reforms, such a bill will only weaken the foundations of democracy further. Before approving such a critical bill, the Modi government should have consulted opposition parties and state governments. However, true to its authoritarian tendencies, the BJP-led central government is trying to impose this undemocratic proposal on the country.» The Kerala government, Siddaramaiah said, has already passed a resolution opposing the ONOE proposal and has communicated its dissent to the Centre. «If needed, our government will also consult the Congress High Command and adopt a similar resolution to send a strong message against this anti-democratic move.»
12.12 / 14:19
markets
Digital
Strategy
Software
President
Experts
Interviews
Donald Trump swearing-in ceremony date: China President Xi Jinping 'invited', Vladimir Putin is 'yet to receive invitation'
Donald Trump is all set to take charge as the 47th President of the United States. The swearing-in ceremony will be held on January 20. High-profiled guests are expected to attend the event. The Kremlin said on Thursday that Russian President Vladimir Putin had not received an invitation to attend the January 20 inauguration of the U.S. President-elect Donald Trump. CBS, citing multiple unidentified sources, said that Trump had invited Chinese President Xi Jinping to attend. Meanwhile, President-elect Trump, who has both derided Time magazine and pined for its approval, was named the publication's person of the year on Thursday.
12.12 / 14:19
markets
Digital
Software
love
information
reports
Relationships
Did Kimberly Guilfoyle look the other way in relationship with Donald Trump Jr because she loves power and lifestyle? Here's what a source is saying
Kimberly Guilfoyle looked the other way while Don Trump Jr. started dating Bettina Anderson about 6 months ago. Don Jr. started introducing Anderson as his girlfriend months ago and is smitten with her. Regarding Donald Trump Jr.'s alleged affair with Palm Beach socialite Bettina Anderson, new information has surfaced. Don Jr. has been dating Bettina for about six months, but he has not yet disclosed the status of his engagement to Kimberly Guilfoyle, his long-time fiancée. President-elect Donald Trump's 46-year-old son, Donald Jr., allegedly even took her on a trip to Alaska and introduced her around as his girlfriend when he was still very much of a boy, as quoted in a report by People.
12.12 / 13:01
MET
Digital
Citizens
Software
awards
Experts
Bengaluru: BBMP to issue bulk new e-khatas to developers for new properties for ease of flat registration
Bruhat Bengaluru Mahanagara Palike (BBMP) will release a new module for issuance of new khatas to developers of apartments and commercial buildings projects in about a week's time for new properties which do not have BBMP Khatas. «Earlier, the builders/developers used to sell individual units, and the buyers would later apply for khatas. Now we will issue e-khatas for all units in one go to developers,» BBMP Special Commissioner (Revenue) Munish Moudgil told ET. The BBMP would issue as many e-khatas to the developer as he wants as per approved plan, who would in turn pass them on to individual buyers through a registered sale deed. This applies to all sorts of new property developments such as housing, commercial and mixed-use involving multiple units, the BBMP special commissioner said.
12.12 / 13:01
markets
IPO
Digital
Booking
Software
Experts
show
Mobikwik IPO subscribed 17 times, driven by retail investors
Mobikwik Systems, which runs the digital payment application Mobikwik, saw its initial public offering being subscribed 17 times at the end of the second day, data from the BSE showed. Showing healthy demand from investors, the retail portion of the IPO was subscribed 58 times, while the non-institutional portion was booked 22 times. However, institutional buyers are yet to fully subscribe to the shares reserved for them. The IPO saw full subscription in the first few hours of its opening on Wednesday.
12.12 / 09:49
markets
IPO
Digital
Strategy
Analysis
Trade
innovations
From a dining table startup to ₹572 Cr IPO: How MobiKwik prioritizes innovation over big-budget ads
MobiKwik, a leading player in India’s fintech space, has launched its ₹572 crore IPO. With 15 years of innovation in digital payments and financial product distribution, it has become a trusted name for users in tier 2 and tier 3 cities. In an exclusive interview, ETMarkets spoke to Upasana Taku (Chairperson & CFO) and Bipin Preet Singh (MD & CEO) about MobiKwik’s journey, competitive edge, financials, and future plans. Excerpts: With an issue size of over ₹570 crore, MobiKwik's IPO seems significant. Could you briefly take us through the journey of the company and its business model? Bipin Preet Singh: MobiKwik is a fintech company that began 15 years ago as a digital wallet. Our primary business revolves around payments, making us India’s largest digital wallet with over 160 million users and 4 million merchants. The app facilitates bill payments, money transfers, online shopping, and QR-based transactions.
12.12 / 08:47
markets
Provident
Digital
ETF
Software
track
Updates
NFO Update: Mirae Asset Mutual Fund launches two passive funds
passive funds: Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund. The new fund offer or NFO of Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund are open for subscription and will close on December 20 and December 26 respectively. Also Read | Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?
12.12 / 08:39
markets
Digital
Strategy
Software
economy
Sustainability
Experts
budget 2025
Budget 2025 needs to boost infrastructure spending for GDP growth
Union Budget 2025 approaches, leading experts are calling for a significant increase in infrastructure spending to catalyse India's economic growth. The government is urged to go for an 30% annual rise in infrastructure allocations, with demands for the upcoming budget to push capital expenditure to ₹18 lakh crore from last year’s ₹11.1 lakh crore base. Annual increase in capital expenditure is crucial to reversing GDP slowdown and achieving the nation's ambitious economic goals. A robust budget allocation and proactive private-sector participation will be pivotal in ensuring sustainable and inclusive growth.
12.12 / 08:39
markets
Digital
Strategy
Software
Experts
PAM
Edible oil import up 39% in November on higher shipment of crude sunflower, soyabean oils: SEA
edible oil import rose 38.5 per cent to 15.9 lakh tonne in November mainly due to sharp jump in shipments of crude sunflower oil and crude soyabean oil, according to industry data. On Thursday, Solvent Extractors' Association of India (SEA) released the data of import of vegetable oil (edible and non-edible ) for November. As per the data, import of vegetable oils during November, the first month of the 2024-25 oil marketing year, rose 40 per cent to 16,27,642 tonne compared to 11,60,590 tonne a year ago. Out of total vegetable oil import, India imported 15,90,301 tonne of edible oil in November as against 11,48,092 tonne in the same month last year. Import of non-edible oils increased to 37,341 tonne compared to 12,498 tonne in November 2023.
12.12 / 07:13
markets
Digital
Strategy
Software
Experts
country
innovations
WPP appoints Prashant Mehta as MD for Global Delivery Centre
Prashant Mehta as Managing Director to lead its Global Delivery Centre (GDC). Mehta will focus on accelerating the GDC’s global growth, with a significant concentration of talent based in India. The specialist capability hub, accessible to all WPP agency teams worldwide, will be headquartered in India. This follows the recent opening of a new campus in Chennai, WPP’s third in the country after Mumbai and Gurugram. India, a top-10 growth market for WPP and a hub of technological innovation and creativity, is pivotal to the GDC’s strategic expansion. Leveraging an existing workforce of 11,000 in the country, the GDC enhances WPP’s presence by capitalising on India’s resources and specialist expertise.
12.12 / 07:13
markets
Digital
Strategy
Software
wellness
Traffic
Kashmir plains receive season's first snowfall
season's first snowfall, while higher reaches experienced moderate rainfall, officials said on Thursday, adding that the minimum temperature has improved across most places in the valley. The plains of Shopian, Pulwama, and Baramulla, as well as the upper areas of Anantnag, Budgam, and Bandipora received light snowfall. However, there was no snowfall in Srinagar, the summer capital of Jammu and Kashmir. The higher reaches of the valley, including the tourist resorts of Gulmarg, Sonamarg, Tangmarg, Gurez and the Zojila Pass, saw light to moderate snowfall. Due to accumulation of snow along the Zojila Pass, the Srinagar-Leh highway was closed for traffic, while the Bandipora-Gurez road and Mughal Road were also shut, officials said.
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