Digital Financial News
31.03 / 12:43
Provident
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Department
Updates
rowing
Telcos warn of network rollout delays as states lag on infra rules
Subscribe to enjoy similar stories. Users could face service quality issues as telecom operators struggle to expand networks, with about 15 states yet to align with the Centre’s updated Right of Way (RoW) rules to deploy telecom infrastructure, three executives aware of the matter said.
31.03 / 10:15
Digital
Manufacturing
trends
show
reports
Pharmaceuticals
E-commerce sector in India to see highest salary hike in 2025: EY Report
salary increments in 2025, with hikes surpassing 10 per cent, according to a report by EY. The report highlighted that despite a slight moderation in salary growth across industries, the digital commerce sector will continue to offer competitive pay increases. It said «the e-commerce sector is expected to witness the highest salary increments, surpassing 10 per cent, driven by the rapid expansion of digital commerce, increased consumer spending and technological advancements».
31.03 / 05:27
Digital
security
War
reports
isolate
Investigations
‘An invisible war has begun’: ‘Living Nostradamus,’ who predicted Covid-19, warns World War III is near
Athos Salomé, a self-proclaimed psychic known as the ‘Living Nostradamus,’ has issued a warning about the possibility of World War III. The 38-year-old from Brazil believes recent global developments suggest an approaching major conflict. He pointed to sabotage and hybrid warfare as potential triggers, reported Mirror.
31.03 / 05:27
COST
UPS
Digital
Google
Platform
Trade
country
India’s ‘Google Tax’ move a sneak peek into tariff quagmire as it offers one sacrifice after another to appease White House's 'angry god'
Donald Trump’s “Liberation Day.” In India, which keeps getting pilloried by the US president as an exemplar of bad behavior in trade, the reciprocal tariff announcement of April 2 has acquired a fervent overtone. In preparation, New Delhi is offering one sacrifice after another, hoping that the angry god of the White House will let it go with nothing more serious than a slap on the wrist. The latest peace offering is the decision to do away with a 6% tax on ads that local businesses place with foreign search engines, social media and e-commerce firms. This is Prime Minister Narendra Modi’s way of telling Trump, “Look, we aren’t China. Not only do we allow Alphabet Inc. and Meta Platforms Inc. to hog our digital-advertising pie, if you want us to make it cheaper for them to operate, that’s fine, too.” Also Read: India open to clearing import duty hurdle for US auto parts The sacrifice is a win for Trump, though it isn’t much of a loss for Modi. Known colloquially as the “Google Tax,” the levy was a bad idea when it was introduced in India’s 2016 budget. Since then, domestic advertisers have had to withhold 6 cents on the dollar when they get their bills from places like Ireland, where online platforms typically book their revenue. Just like Trump’s tariffs will be mostly paid by American consumers, the burden of the so-called Indian equalization levy had to be absorbed not by the tech platforms, but by the advertisers. It pushed up costs for local businesses. Where would they advertise, if not on Google or Facebook?
31.03 / 02:17
COST
Digital
Extreme
Platform
Netflix
social
Netflix's ‘Adolescence’ and the cost of profits: Why kids online are not okay
Subscribe to enjoy similar stories. If hard proof were needed of the digital dominance of Indian eyeballs, then the latest Ficci-EY report on media and entertainment supplied it. In 2024, it says, digital media finally displaced TV as the top revenue-generator of this industry, notching up ₹80,200 crore, almost a third of its overall pie.
31.03 / 02:17
markets
UPS
Digital
Platform
IPG
Investigations
Relationships
After the raids: The uneasy truths behind Indian advertising’s perfect façade
Subscribe to enjoy similar stories. In an industry known for controlling narratives, Indian advertising is now grappling with one it can’t spin. Just days before the Indian Premier League (IPL) kicked off—India’s single biggest ad moment of the year—the Competition Commission of India (CCI) launched a sweeping investigation into the heart of the media-buying ecosystem.
30.03 / 19:15
markets
COST
UPS
Digital
Booking
Relationships
International
BoB expects deposits to grow at 9-11%, loans to rise 11-13%: Debadatta Chand, CEO
Debadatta Chand had the proverbial baptism by fire as CEO at India’s second largest public sector lender, Bank of Baroda (BoB), hit by the controversy over the financier’s attachment notice on actor and MP Sunny Deol just a couple of months into the top job. Then came the Reserve Bank of India (RBI) curbs on its digital banking application, restrictions that took nearly seven months to be lifted. But after a trying first year, Chand has eased into the corner-room job, seeking consistency in the bank's business matrix and reducing the lender's dependency on costlier wholesale deposits. In a detailed interview with ET, Chand spoke about BoB’s current positioning and shared his outlook for what's traditionally known as a corporate-focused lender. Edited excerpts: You will complete two years at the helm in June. How has BoB shaped up in this time? The bank is doing extremely well. Fundamentally, it is a strong bank. For the past two years, the performance has been consistent, and the outlook is stable. Earlier we (had) talked about how to double the business in 5-6 years and how to maintain margin in a dynamic market scenario. The performance has been very satisfying. The balance sheet strategy is to not to be heavily dependent on the bulk deposit. Our RAM (retail, agriculture MSME) is going very strong. We decided to go slow on fine priced corporate loans. We are capturing market share in retail loans and deposits.
29.03 / 15:21
Blockchain
Ethereum
Digital
Software
community
President
Bitcoin
Crypto’s Trumpian embrace is leaving Bitcoin’s big rival behind
Buterin was long viewed as the wunderkind of the cryptocurrency world. The gawky, playful founder of Ethereum — known for his rainbow-colored, animal-themed shirts — created the biggest competitor to Bitcoin and offered a techno-utopian vision that was supposed to change the financial system and our everyday digital lives. But after capturing the imaginations of both corporate America and Wall Street, Buterin’s project is now struggling to deliver on its early promise as it enters its second decade, having fallen out of step in an industry transformed by the embrace of Donald Trump. Developers have been fleeing, early followers are angry and the token on the network — Ether — has lagged both Bitcoin and its smaller competitors.
29.03 / 12:39
Digital
Waters
Mobile
Inside
information
reports
donates
Tragic End: Elderly couple in Karnataka dies after online fraud harassment, threats of 'digital arrest'
Police recovered Flaviana’s body inside the house and Diego’s from a water tank outside. TOI reported citing the police that the couple ingested pills. Diego had also attempted to cut his throat with a sickle before entering the water tank. Moreover. a suicide note left by Diego was found that explained that they had been harassed and threatened by individuals claiming to be telecom officials from New Delhi since January. The fraudsters accused the couple of misusing their SIM card for criminal activities and threatened them with a “digital arrest.” The note ifurther dentified the alleged perpetrators as Sumit Birra and Anil Yadav.
29.03 / 09:59
markets
Digital
Google
security
awards
social
reports
Finfluencers registered as mutual fund distributors may face Sebi scrutiny
Subscribe to enjoy similar stories. MUMBAI : Financial influencers registered with the Association of Mutual Funds in India (Amfi) may face scrutiny from the market regulator as it continues cracking down on social media creators spreading financial misinformation. The regulator is looking at harmonising the advertisement code for different types of Sebi-regulated entities, Tuhin Kanta Pandey, chairperson, Securities and Exchange Board of India (Sebi), told Mint on Saturday.
29.03 / 07:53
ETH
Digital
Strategy
President
Bitcoin
social
blues
Trump's crypto empire set to expand with new stablecoin and investment fund offerings
digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. World Liberty Financial, a cryptocurrency venture Trump helped launch last year, announced Tuesday that it plans to launch USD1, a stablecoin pegged at a 1-to-1 ratio to the U.S. dollar.
29.03 / 03:23
UPS
Provident
Digital
electronic
information
reports
Department
Maharashtra govt issues guidelines for responding to incorrect or misleading news reports
DGIPR) will identify and address factually incorrect news in print, electronic, and digital media.
29.03 / 03:05
markets
Digital
security
Align
Sustainability
Trade
innovations
Global leaders rethink leadership for a digital and sustainable future
SDA Bocconi Asia Center’s Leadership Summit 2025 united global leaders to discuss leadership in times of Geopolical uncertainity. As an extension of SDA Bocconi School of Management, Italy, the Asia Center continues to foster global thought leadership and drive impactful discussions in the ever-evolving business landscape. Amid global uncertainties, the Leadership Summit 2025focused on building resilient organisations through innovation and sustainable growth.
28.03 / 19:39
UPS
FIVE
Digital
Research
Experts
performer
Core sector growth slows to 5-month low in Feb; crude, natural gas output slips
India's core sector output slowed to a five-month low of 2.9% in February from 5.1% in January, as growth across most infrastructure sectors moderated, according to official data released Friday. The growth was 7.1% a year earlier and experts cited base effect for the slowdown last month. «The infrastructure output growth was the lowest in five months, hit by an unfavourable base effect,» said Paras Jasrai, associate director at India Ratings and Research (Ind-Ra). The core sector comprises eight industries: coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity. Madan Sabnavis, chief economist at Bank of Baroda, noted that February's growth was primarily driven by strong performances in the steel and cement sectors. Six of these industries grew in February, with fertiliser output surging to a nearly two-year high of 10.2%.
28.03 / 19:13
Digital
Waters
security
Mobile
Interface
inclusion
politician
Mind that fat-finger syndrome: When digital mishaps have global stakes
Reason: the seasoned civil servant apparently had no idea that there was such a facility as a 'reply' button which would result in paperless interlocution. Much water has flowed down the sluggish Yamuna since then, but many of those in government, both politicians and bureaucrats, remain unfamiliar with technology.
28.03 / 19:13
Digital
security
Apple
wellness
Trade
country
Equality
Tit-for-tat tariffs looming, EU mulls concessions for US
Donald Trump's administration to secure the partial removal of the US tariffs that have already started hitting the bloc's exports and that are set to increase after April 2. European Union officials were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs that Trump is launching next week, according to people familiar with the talks. Discussions also began on what the contours of a potential deal to reduce them should eventually look like. That has prompted the European Commission, which handles trade matters for the EU, to start working on a «term sheet» for a potential agreement, which would set out areas for negotiations on the punitive trade measures, including lowering its own duties, mutual investments with the US as well as easing certain regulations and standards, said the people. VAT considered fair The reciprocal tariffs are meant to strike out against what Trump considers to be unfair levies on US goods as well as non-tariff barriers, like domestic regulations and how countries collect taxes, including the bloc's value-added tax, digital taxes and regulations. The EU says its VAT is a fair, non-discriminatory tax that applies equally to domestic and imported goods. A spokesperson from the commission declined to comment.
28.03 / 16:23
markets
Digital
Gap
trends
Trade
show
rock
Donald Trump’s economic approval hits rock bottom as Americans' confidence in his policies takes a major hit
The downturn follows Trump’s announcement of a 25 per cent tariff on foreign vehicles, set to take effect April 2. Critics argue these policies risk inflating consumer prices and destabilizing global markets. Multiple polls, including CNN and Economist/YouGov, echo Gallup’s findings, with disapproval rates outpacing approval by double digits.
28.03 / 13:37
Digital
Manufacturing
Align
Sustainability
WhatsApp
country
International
Adani Cement makes key changes in senior leadership
Adani Cement has made several changes to its top leadership to reflect its growth plans, the company said on Friday. Current chief executive officer, Ajay Kapur, has been elevated to the level of managing director for a period of two years, while Vinod Bahety, who is currently serving as the chief financial officer of the business, will be the chief executive officer and wholetime director for three years with effect from April 1. “In alignment with Adani Group’s internal leadership transitions and planning to continue fostering sustainable growth and an evolving leadership development consistent with the broader group and Company objectives, a leadership transition is proposed,” the company said in an exchange filing on Friday.
28.03 / 12:57
Digital
Action
HANS
wellness
Bill
Department
Bihar: ED seizes over Rs 11 crore cash during raids in IAS officer Hans case
money laundering case against Bihar IAS officer Sanjeev Hans. The raids were launched on Thursday at seven locations in Patna. The federal probe agency said in a statement that it searched the premises of Tarini Das, chief engineer of Bihar Construction Department (BCD); Mumukshu Chaudhary, joint secretary in Bihar government's finance department; and Umesh Kumar Singh, executive engineer of Urban Development and Housing Dept. (UDHD) among others. Raids were also conducted against Ayaz Ahmed, Deputy Project Director of Bihar Urban Infrastructure Development Corporation Ltd. (BUIDCO); Sagar Jaiswal, DGM (Projects) of Bihar Medical Services and Infrastructure Corporation Ltd. (BMSICL); Vikash Jha, DGM of BMSICL; and Saket Kumar, Executive Engineer in the Bihar Construction Department (BCD). It claimed that these officials were the «recipients» of bribe money to give «favourable» outcomes in several tenders as well as clearance of bills of various contractors including that of a Patna-based contractor named Rishu Shree. None of the officials or their legal representatives could be contacted for their response on the ED action and the charges made against them.
28.03 / 10:19
28.03 / 09:35
Art
Digital
Entertainment
Netflix
Death
show
social
Brad Pitt link to Netflix's 'Adolescence' series and the advice for parents
Netflix's "Adolescence," a four-part series, explores the factors leading to a 13-year-old boy stabbing to death a female classmate, examining the influence of online platforms like the «manosphere» and the importance of open communication between teenagers and adults. The series, starring Owen Cooper as Jamie and produced by Brad Pitt's Plan B Entertainment, sparked global discussion about young men, online radicalization, and the complexities of raising teenagers in the digital age. Experts advise open communication and critical thinking development as key tools for navigating the challenges presented. The show's director, Philip Barantini, praised Pitt's hands-on involvement as a producer. The show's creators describe «Adolescence» as a «whydunit» rather than a «whodunit,» focusing on the how and why of Jamie's actions. Key themes include online bullying, the influence of anti-feminist online communities, and the struggles of adolescence, such as low self-esteem and loneliness. The series also highlights the challenges faced by parents trying to understand and support their children in the digital world. “I had this almost panic about the world and young men and then I realised I was overreacting," ab Auckland mother, who watched the series with her 13-year-old son, reacted. She stated that while her son was aware of figures like Andrew Tate and the “manosphere” from a young age, he appreciated only his fitness advice while rejecting other views, particularly those regarding women. Some of his peers, however, entertain Tate's views, including that women are lazy and never truly independent.
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