Digital Financial News

09.12 / 03:31
markets Digital awards rapper Videos Jay-Z, Sean Diddy took turns to rape 13-year-old after MTV Video Music Awards in 2000; New court filings reveal
The allegations against the billionaire rapper and hip-hop mogul came as part of the flurry of litigation against Combs, who is facing federal sex trafficking and racketeering charges and at least 30 lawsuits accusing him of sexual misconduct. One of those lawsuits, filed in October, accused Combs and an anonymous celebrity of raping the teen at an after-party following the Video Music Awards in New York in 2000.
09.12 / 02:21
markets Waves Digital Software Department Delhi Weather: Temperature may fall to single digit as cold wave expected to start today; Here's IMD forecast for the week
The air quality of Delhi observed an improvement after several parts of the national capital witnessed light rain on Sunday evening, as a western disturbance persisted over central Pakistan and its surrounding areas. Various parts of Delhi, including Kota House, Akbar Road, and Pandara Park received light rain. In its latest forecast on Sunday, the IMD also predicted a cold wave across most of Northern India beginning December 9.
09.12 / 02:09
markets UPS Digital Experts PAM show BYD on track to top 2024 sales goal and outsell Ford, Honda
BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales. BYD has been on an extraordinary expansion this year, growing capacity and undertaking a massive hiring spree to turbocharge revenue, which overtook EV leader Tesla in the third quarter. Aided by robust sales in China that continued in recent months, BYD is now on course to beat its annual sales target of 4 million vehicles, more than Japan's Honda and Detroit-based Ford in 2024 worldwide sales.
09.12 / 02:09
markets Target Digital President Experts War country Fall of Assad regime 'historic opportunity for people' of Syria: US President Joe Biden
Assad regime that brutalised, tortured and killed thousands of innocent Syrians over the past half a century is a historic opportunity for the people of the country, outgoing US President Joe Biden said on Sunday. Biden spoke at the White House hours after rebel groups took over the country following more than a dozen years of violent civil war and decades of leadership by Bashar Assad and his family. «After 13 years of civil war in Syria and more than half a century of brutal authoritarian rule by Bashar Assad and his father before him, rebel forces have forced Assad to resign his office and flee the country. We're not sure where he is, but there's word that he's in Moscow. At long last, the Assad regime has fallen,» Biden said. «This regime brutalised, tortured and killed hundreds of thousands of innocent Syrians. The fall of the regime is a fundamental act of justice. It's a moment of historic opportunity for the long-suffering people of Syria to build a better future for their proud country,» he said.
09.12 / 01:43
markets Digital Software love country testing Interviews Will make it easier for people to come in legally, says Trump; insists on deporting all illegal immigrants
Donald Trump on Sunday said he would go ahead with his plans to deport all illegal immigrants after entering the Oval Office and said at the same time he would make it easier for people to come in, a move that could be helpful to Indians who mostly enter the US legally. «I think you have to do it,» Trump told NBC News in an interview when asked if he plans to deport everyone who is here illegally over the next four years. «You have to have, rules, regulations, laws. They came in illegally. People that have been treated very unfairly are the people that have been online for 10 years to come into the country. We are going to make it very easy for people to come in terms of they have to pass the test. They have to be able to tell you what the Statue of Liberty is. They have to tell you a little bit about our country. They have to love our country,» Trump said. «They can't come out of prisons. We don't want people that are in for murder. So, we had 11,000 and 13,000 different estimates, 13,099 murderers released into our country over the last three years. They're walking down the streets. They're walking next to you and your family. They're very dangerous. You don't want those people in this country,» he said.
09.12 / 01:43
markets Provident Digital Platform Software PAM Updates E-insurance account (eIA) opening: Documents needed, other key details to know
An e-insurance account is a digital platform introduced by Irdai to store and manage all insurance policies in one place electronically. It eliminates the need for physical copies, simplifying renewals, claims and updates. Opening and maintaining an eIA is free. Here’s how to get started. Insurance repositories The first step is selecting an authorised insurance repository. Currently, Irdai has approved the following:
09.12 / 00:55
Provident Digital track information reports Schools Satellite imagery help banks assess farmers' income, repayment capacity
AgriStack initiative, for rolling digital farm lending in Uttar Pradesh for its eight crore farmers, the State government is currently working with the International Finance Corporation for providing APIs of the state’s land records and farm boundaries to SatSure and a couple of other companies. Bengaluru-based Space tech company SatSure provides satellite-based risk scoring and ratings reports at both farm and village level. It extracts patterns from satellite imagery using AI algorithms which can identify what crop is growing within a land parcel. It tracks changes in health, productivity, and provides insights on how these changes are related to climatic variables like rainfall, temperature, and humidity. These insights help banks understand the farmer’s income from the land and his ability to repay a loan.
09.12 / 00:55
markets Digital CEO Strategy economy Trade innovations ET CEO Roundtable: Elite panel to talk ways to thrive in a changing world
How can India and its businesses navigate the rough seas that threaten fortunes built over decades through innovation and hard work? A distinguished panel led by Reliance Industries chairman Mukesh Ambani will discuss ways of facing the coming disruption that will be sparked by tectonic shifts in political economy that look set to rewrite the laws of global trade, at ET’s CEO Roundtable on Wednesday, December 11.
08.12 / 19:25
Digital Strategy Software SPY show audience reports Sweetpea Season 2: Is the release date of the second installment revealed?
Sweetpea can rejoice as the series has officially been renewed for a second season. The announcement comes after the success of the first season, which premiered in October and quickly captivated audiences with its bold storytelling. Sweetpea follows the chilling journey of Rhiannon Lewis, a seemingly quiet woman whose inner turmoil manifests in a vengeful spree of murder.
08.12 / 16:49
markets Digital Election awards Experts show Cash still has demand in times of digital push
cash still continues to have loyal users. Reserve Bank of India (RBI) data on currency in circulation shows that it has been a roller coaster ride for cash demand this year. It rose sharply during elections and festivals and fell at the same pace subsequently. An ET analysis shows that cash demand went up by Rs 87,000 crore from the date the Lok Sabha elections were announced in mid-March until the last phase of the election in the first week of June. Then, they fell by Rs 84,000 crore until end September.
08.12 / 16:49
markets Digital Software Experts country social reports From sports cars to convertibles to off-roaders, Bashar Al-Assad's car collection goes viral on social media as rebels open doors to his palace; watch video
This comes amid significant developments in Syria, including the seizure of Damascus by rebel forces and overthrowing the dictator whose whereabouts are not known. There have been reports that Assad's army retreated from the Syrian countryside leaving him alone. Syrians in cities around the world were seen celebrating Bashar al-Assad's ouster. Around six million Syrians became refugees during the brutal 13-year war under Assad’s rule.
08.12 / 16:49
markets Digital Experts Celebrity show performer social IAF's Surya Kiran team dazzles Hyderabad with breathtaking air show
Surya Kiran Aerobatic Team of the Indian Air Force enthralled the people with their manoeuvres over the Hussain Sagar Lake here on Sunday. The team performed an air show as part of the celebrations of "Praja Palana — Praja Vijayotsavalu", the Telangana CMO said in a post on social media 'X'. The amazing performance of the team comprising nine aircraft entertained the people of the city, it said. Telangana Chief Minister A Revanth Reddy, along with some of his cabinet colleagues, dignitaries, and general public, watched the stunning manoeuvres of Surya Kiran Aerobatic Team.
08.12 / 16:49
markets Digital Software reports Courts rights Case lodged against Chinmoy Krishna Das, his followers in Bangladesh's Chittagong
Chinmoy Krishna Das on the court premises in Chittagong, according to a media report. The Dhaka Tribune newspaper said the case names the Hindu leader, arrested on a charge of sedition, as the prime accused, along with 164 identified individuals and 400 to 500 unidentified people. The complaint was filed by Enamul Haque, a businessman and activist of Hefazat-e-Islam Bangladesh, in the court of Chittagong Metropolitan Magistrate Md Abu Bakar Siddique. Haque in his complaint alleged that he was attacked by followers of Chinmoy Krishna Das while returning home after completing land registry work at the court on November 26.
08.12 / 16:05
markets Digital Racing security Strategy Software Oscar Abu Dhabi Grand Prix: Lando Norris wins as McLaren top F1 standings for 1st time since 1998
Lando Norris won the final race of the F1 season at Abu Dhabi on Sunday to secure the team's first Formula One constructors' title since 1998 after teammate Oscar Piastri collided with Max Verstappen on the opening lap and finished 10th. Ferrari's Carlos Sainz and Charles Leclerc finished second and third. They were the only team that could have beaten McLaren to the championship.
08.12 / 16:05
markets Waves Digital Strategy Software stage travelers Rain and cold wave to sweep through Delhi, Punjab, and Haryana starting Dec 9: IMD alert
cold wave starting December 9. The India Meteorological Department (IMD) has confirmed that temperatures will drop across the region, with Delhi’s minimum temperature expected to fall to around 3°C by December 10, down from its current 7°C. According to IMD scientist Naresh Kumar, temperatures in Delhi-NCR will start to decrease after December 9. "Western disturbance persists over central Pakistan and its surrounding areas… Light to moderate rain is expected in the Himalayas today and tomorrow. Light rain is expected in Punjab, Haryana, and Delhi," Kumar told ANI.
08.12 / 16:05
markets Citi Digital awards Experts PAM reports Railways to run 13,000 trains for Maha Kumbh, says Ashwini Vaishnaw
Ashwini Vaishnaw on Sunday said the Railways would run about 13,000 trains, including 3,000 special ones, for the convenience of devotees during the Maha Kumbh. The Union minister, who reached Prayagraj by train from Varanasi to review the Railways' preparations for the mega event, expects about 1.5 to 2 crore passengers to reach the city by train during the mela. The Maha Kumbh will commence on January 13 on the occasion of Paush Purnima and conclude on February 26 on Mahashivratri.
08.12 / 16:05
markets Digital awards Bill Experts PAM travelers CBI arrests senior official of central PSU, 2 others in Rs 10 lakh bribery case
Bridge and Roof Company (India) Limited, a central PSU, in connection with a bribery case after Rs 10 lakh was seized from a luxury car in which he was travelling in Bhubaneswar, officials said Sunday. Besides Chanchal Mukherjee, Group General Manager (GGM) of Bridge and Roof Company, two private persons — Santosh Moharana, Director of Penta A Studio Private Limited and middleman Debadutta Mohapatra — were also arrested for allegedly bribing Mukherjee, they said. The central probe agency had conducted a trap operation after registering a case against four persons including the three arrested accused. According to the CBI, the accused were allegedly indulging in corrupt and illegal activities in the matter of awarding work orders of the PSU and clearing bills in lieu of undue advantage in the form of bribe.
08.12 / 14:39
markets Digital Strategy Software social Videos Fundamentalist threats against ISKCON devotees increasing in Bangladesh: Radharamn Das
fundamentalist groups in Bangladesh are openly delivering sermons calling for the extermination of ISKCON devotees and their supporters. In a post on X, Das claimed, «In the past few days, fundamentalists in Bangladesh have been crisscrossing the country in private jets, delivering sermons calling for the extermination of ISKCON devotees and their supporters… the inaction of the Bangladeshi government in addressing these fundamentalists is even more appalling.» A purported video, which could not be independently verified by PTI, has also surfaced on social media showing a Bangladeshi fundamentalist leader allegedly referring to ISKCON as «a cancer» and urging followers to «uproot all ISKCON establishments» from Bangladesh. Das warned that such unchecked hate speech and instigation could trigger mass violence against minorities. «These individuals must be arrested immediately. Wake up, world,» he urged.
08.12 / 13:09
markets COST UPS Digital Software awards SpiceJet reduced its workforce significantly in FY24
SpiceJet reduced its workforce significantly, cutting 716 permanent male employees and 618 females, along with 531 male and 30 female non-permanent staff in FY24. Among permanent employees, 74% of men earned above the minimum wage, up from 61%, while women rose from 37% to 56%. For non-permanent employees, the percentage of men earning above the minimum wage increased from 1% to 8%, and women rose from 2% to 16%. However, male employees continue to earn more than female employees, highlighting a persistent gender wage gap. “Employee remuneration and benefits/expenses decreased by 9% to Rs. 7,705.44 million in FY 2023-24 from Rs. 8,438.71 million in FY 2022-23. This reduction is primarily attributed to a decrease in the headcount,” the company stated. Ajay Singh, Chairman & Managing Director, earned 211 times the median employee remuneration, with no increase in his pay. To be sure, he received Rs. 54 million as remuneration in FY24, with Rs. 18 million provisioned against the approved Rs. 72 million.
08.12 / 10:09
markets Digital Strategy Election Experts PAM Sharad Pawar wants to say Rahul Gandhi's leadership is not capable: BJP's Pravin Darekar
BJP leader Pravin Darekar on Sunday stated that Sharad Pawar support for West Bengal Chief Minister Mamata Banerjee's willingess to lead the INDIA bloc, meant that the Nationalist Congress Party (SP) chief wanted to convey Rahul Gandhi's leadership is «incapable» and that now Congress is «unable» to lead the opposition alliance. «I think this means that Pawar Sahab wants to say that Rahul Gandhi's leadership is not capable and Congress can't lead now. So, Pawar Sahab's direction is towards one side and words on the other side. Only time will tell what is in his mind,» Darekar told ANI. Sharad Pawar on Saturday acknowledged the leadership potential of West Bengal Chief Minister Mamata Banerjee, emphasising her prominence as a national leader and the competence of her party's representatives in Parliament.
08.12 / 09:45
markets Digital Strategy Software Experts PAM Department Bihar government to host meeting of ambassadors in national capital on Monday
The Department of Industries, Government of Bihar, will host the "Bihar Business Connect 2024 Ambassadors' Meet" on December 9, 2024, in New Delhi, according to an official statement. The event will be inaugurated by Samrat Chaudhary, Deputy Chief Minister and Finance Minister of Bihar.

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