Digital Financial News

03.12 / 14:37
markets Digital security Strategy Experts PAM AVP 3 warships and 1 submarine likely to be commissioned in a month: Top Navy official
Indian Navy said on Tuesday. Addressing a press conference, Vice Admiral Sanjay J Singh, Flag Officer Commanding-in-Chief of the Western Naval Command, said the three warships — INS Nilgiri, INS Surat, INS Tushil — and submarine INS Vagsheer are expected to be commissioned in a month. «We have got four vessels that are due for induction within the next one month,» Singh said. INS Nilgiri is the first ship of Project 17A and was launched in September 2019, he said.
03.12 / 12:43
markets Digital awards students Experts PAM social After maths, CBSE mulls standard, advanced levels for science, social science for classes 9-10
CBSE) is considering introducing two levels of science and social science — standard and advanced — for students in Classes 9 and 10, according to officials. The board already offers two levels of mathematics for Class 10 students. Its curriculum committee has approved the idea, which is in line with the new National Education Policy (NEP). However, the board's governing body is yet to give its nod. According to the NEP, all subjects and corresponding assessments, beginning with mathematics, could be offered at two levels with some students studying subjects at the standard level and others at the advanced level. «The proposal was approved by the curriculum committee. However, the logistics and the framework are yet to be worked out. Currently, we offer only one subject at two levels in Class 10. While the syllabus for students opting for maths (standard) and maths (basic) is the same, the question papers and the difficulty level of the questions in the board exam differ,» a senior CBSE official said.
03.12 / 12:43
Digital Platform awards Hyundai Inside Features Updates From new Honda Amaze to Kia Syros, check out the list of cars launching this month
Skoda recently launched its first subcompact SUV, the Kylaq, priced between Rs 7.89 lakh and Rs 14.4 lakh. Built on the MQB-A0-IN platform, the Kylaq measures under four meters in length and competes with models like Hyundai Venue, Kia Sonet, Tata Nexon, and Maruti Suzuki Brezza. It is powered by a 1.0-liter turbo-petrol engine delivering 115 hp and 178 Nm of torque, paired with either a six-speed manual or automatic gearbox. The SUV boasts several premium features, including an 8.0-inch digital cluster, a 10.0-inch touchscreen with wireless Apple CarPlay and Android Auto, ventilated seats, a single-pane sunroof, and a six-speaker Canton sound system. On the safety front, it includes six airbags, ABS with EBD, traction control, and ISOFIX mounts. The third-generation Honda Amaze is set to debut on December 4, introducing an updated design and enhanced interior with improved safety features. Prices are expected to start at ₹7.8 lakh (ex-showroom). The new Amaze borrows styling cues from the Honda Elevate and City, featuring an upright grille, sleek LED headlights, and a reimagined bumper. While its side profile remains similar to the outgoing version, the rear design echoes the Honda City’s aesthetic. Inside, the Amaze incorporates a free-standing infotainment system, digital cluster, and advanced safety systems such as ADAS. It retains the 90 hp, 1.2-liter naturally aspirated petrol engine, paired with either a 5-speed manual or CVT.
03.12 / 12:43
Provident Digital Platform Software country International TCS extends deal with Bank of Bhutan
Tata Consultancy Services (TCS), India’s largest software service provider, expanded partnership with Bank of Bhutan, the largest commercial bank of Bhutan, to modernise the bank’s digital core for enhanced customer service, the company informed the stock exchanges. The financial and other details of the deal were not disclosed. TCS said in a statement that it will implement its banking software platform TCS BaNCS to help the bank optimise operations and integrate with the various public services within the digital ecosystem of the country.
03.12 / 12:07
markets Target Digital security Strategy Mobile Sustainability Finance key to achieving UNCCD goals, says India
India on Tuesday said that adequate financing holds the key to achieving the objectives of the United Nations Convention to Combat Desertification (UNCCD). During a ministerial dialogue on finance at the 16th UN conference to combat desertification in Riyadh, Saudi Arabia, Union Environment Minister Bhupender Yadav also shared that India has already restored 22.5 million hectares of degraded land against the target of 26 million hectares by 2030. The minister said adequate financing holds the «key to achieving the objectives of the UNCCD» and that the World Drought Atlas released on Monday could serve as a guide for increasing mobilization of financial resources. Yadav also highlighted government initiatives like the Green Credit Programme, which involves identifying and restoring degraded land with financial support from industries.
03.12 / 12:07
markets Provident Digital security Bill PAM Schools Rajya Sabha passes bill to boost investment in oil and gas exploration
Replying to the debate on the bill, Oil Minister Hardeep Singh Puri said that the oil and gas sector involves high investment and long gestation period. «We need oil and gas sector 20 more years. We need to bring this legislation here to provide a win-win confidence not only to our own operators but also to foreign investors so that they can come and do business here with view to benefit everyone,» Puri said.
03.12 / 12:07
markets MET Digital security Strategy gatherings More than 160 protesting farmers arrested in Noida
Bharatiya Kisan Parishad Sukhbir Khalifa, who were holding a sit-in at the 'Dalit Prerna Sthal' here after their march to Delhi on land compensation and other demands was stopped a day earlier. The protesters had gathered from different parts of Uttar Pradesh on Monday on the call of Samyukta Kisan Morcha and had threatened to resume their march to the national capital if their demands were not met within seven days. Additional Commissioner of Police (Law and Order) Shiv Hari Meena said that they arrested more than 160 protesters at around 1.30 pm under Section 170 of the Bharatiya Nagarik Suraksha Sanhita (BNSS). The provision allows the police to carry out arrests to prevent the commission of a cognisable offence.
03.12 / 09:55
markets Provident Digital Mobile Parke information International Drones, LiDAR put in use to map Asia's largest slum redevelopment project
Dharavi Redevelopment Project (DRP) has embraced cutting-edge technologies to survey and document Asia's largest slum, officials said. Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums. This is to ensure accuracy, transparency, and efficiency in a redevelopment project of this scale and complexity. The Dharavi Redevelopment Project Pvt Ltd, in which the Adani Group holds an 80 per cent stake along with the state government, plans to turn 620 acres of prime land, about three-quarters of the size of New York's Central Park, into a glitzy urban hub. About 7 lakh living in rickety shanties with open sewers and shared toilets in the densely populated slums, close to Mumbai's international airport, are to be given flats up to 350 square feet free of cost.
03.12 / 09:55
markets Digital security Sustainability information Schools Ajit Pawar may meet Amit Shah today, says NCP leader Sunil Tatkare
No appointment had been sought, Tatkare said, amid the continuing suspense over who would be the next Maharashtra chief minister. «Amit Shah is currently in Chandigarh. We may hold political discussions tonight. We will talk about what is happening,» said Tatkare. «There is no question of waiting (for appointment),» he added. Asked about distribution of portfolios in the new Maharashtra government, set to be sworn in on December 5, Tatkare said it would be decided at a meeting of the Mahayuti allies.
03.12 / 09:55
markets Digital security Southern Celebrity reports Schools Pope Francis may visit India sooner than expected: Goa minister
Goa minister Mauvin Godinho on Tuesday said that Pope Francis, head of the Roman Catholic Church, was likely to visit India «sooner than expected». Recalling that Prime Minister Narendra Modi had invited Pope Francis, Godinho said Goa would certainly be on his itinerary when he visits India. The state transport minister was talking to reporters after attending a religious mass in Old Goa during the ongoing decennial exposition of the sacred relics of St Francis Xavier, the patron saint of the coastal state. The feast of St Xavier was being celebrated in Goa on Tuesday.
03.12 / 09:55
markets UPS Target Digital Cybercrime reports Investigations Cyber scams soar by 158% in 2024, Rs 452 cr stolen from accounts: Delhi Police
cyber scams by June, up from Rs 175 crore during the same period in 2023. Investigators disclosed that criminals are using more advanced methods to avoid detection and launder stolen funds. A prevalent tactic involves spreading the stolen money across multiple digital wallets, complicating efforts by law enforcement to trace the funds' origin. This swift distribution prevents authorities from targeting the original account from which the money was transferred. To further complicate matters, the criminals often withdraw the funds through multiple ATMs, further obscuring the money trail. Additionally, they exploit the bank accounts of vulnerable individuals, such as those living in poverty or with limi ted financial literacy. By offering small sums of money, they acquire access to these accounts and use them as conduits for transferring the stolen funds. “Even if the investigators follow the money trail and reach the account holder, they will never get to know who the real mastermind of the scam is. The person who allowed the use of his or her bank account get arrested,” one investigator said.
03.12 / 09:31
markets Digital CEO Analysis Trade Experts MapmyIndia shares plunge 14% in 2 days, hit 52 week low. Here's why
C.E. Info Systems, which operates digital map maker MapmyIndia, have plunged over 14% in just two sessions hitting a 52-week low of Rs 1,534 on Tuesday after company's CEO and Executive Director Rohan Verma informed exchanges about his plans to float a new B2C company and pick up 10% stake in it. Verma will relinquish all executive responsibilities in the company and continue to be on the MapmyIndia board as a non-executive Director with effect from April 1, 2025, a company filing to the exchanges said.
03.12 / 07:11
markets Provident Digital Manufacturing Sustainability track rights When AI meets cloud ERP: Driving the digital shift in India’s automotive manufacturing
“I was pretty dismayed by the IT being deployed in this industry. It was minimal a decade back,” said Vinnie Mehta, General Secretary of the Automotive Components Manufacturing Association of India (ACMA). “Then came the pandemic, and the entire industry transformed itself, and that was something wonderful to have happened,” Mehta added. Mehta said that everyone jumped onto the IT bandwagon in the industry almost overnight, to the point that ERP systems have now become integral to managing the entire value chain. “It is only fitting, given the fact that the whole automotive value chain contributes to around 7% of India’s GDP, and the auto component industry is half of that. Today, it is hard to envisage a manufacturing value chain without the ERP systems,” he said.
03.12 / 04:25
markets Digital Manufacturing Strategy Research Trade innovations India-USA Space and Geospatial Business Summit focus on tech & advanced manufacturing
advanced manufacturing. Organized by the Geospatial World Chamber of Commerce in collaboration with Geospatial World, this summit brought together key stakeholders from government, industry, academia, and research to explore and amplify the geospatial and space sectors' potential for innovation, economic growth, and sustainability. With bilateral trade in geospatial and space technologies projected to grow from $2.5 billion in 2024 to $10 billion by 2030, the summit underscored how shared investments in technology, policy alignment, and manufacturing can accelerate global progress.
03.12 / 04:25
markets Provident FIVE Digital Strategy rock mountaineering TN CM Stalin announces Rs 5 lakhs ex-gratia for seven killed in landslide
Cyclone Fengal wreaks havoc across many districts of Tamil Nadu, Chief Minister MK Stalin has announced Rs 5 lakh ex-gratia for the families of seven people who lost their lives in a landslide due to heavy downpour in Thiruvannamalai district. «I express my deepest condolences and sympathy to the families of those who died in this accident and have ordered that each of the families of the deceased be provided with Rs. 5 lakhs each from the Chief Minister's General Relief Fund,» Tamil Nadu Chief Minister MK Stalin said in a press release. This comes after seven people including five children were trapped under the ground in a landslide in Thiruvannamalai. According to the press release, the deceased have been identified as Rajkumar and his wife Meena (27). The family was residing on 11th Street in VOC Nagar.
03.12 / 04:25
markets COST Digital Racing Strategy SpaceX travelers Trump may cancel NASA's powerful SLS Moon rocket
Trump's recent electoral victory, rumours and speculation have circulated that NASA's giant Moon rocket, the Space Launch System (SLS), could be under threat. The rocket is one of several key elements needed for the US space agency's Artemis programme, which aims to return humans to the Moon for the first time since 1972. For the first lunar landing mission, called Artemis III, the SLS will launch four astronauts on NASA's Orion crew capsule. Orion will then travel to the Moon. Once in lunar orbit, Orion will dock with Elon Musk's Starship vehicle (which has been launched separately). Two astronauts will float into Starship, which undocks from Orion and travels down to the lunar surface.
03.12 / 04:25
markets UPS Digital Strategy AVP Eknath Shinde's contribution should be duly recognised: Deepak Kesarkar
Shiv Sena leader Deepak Kesarkar has said the Maharashtra assembly polls were recently fought under the leadership of Eknath Shinde and it is up to the BJP's central leadership to decide how to maintain his stature. The contribution of Shinde, the caretaker chief minister of the state, should be duly recognised, Kesarkar said at a press conference here on Monday. The Mahayuti, comprising the Shiv Sena led by Shinde, BJP and Ajit Pawar's NCP, won 230 out of 288 assembly seats in the November 20 polls, results of which were declared on November 23. The BJP led with 132 seats, while the Shiv Sena got 57 and NCP 41 seats. BJP leader Devendra Fadnavis, two-time former CM, is widely seen as the frontrunner for the top post.
03.12 / 03:59
markets Digital Strategy Death Experts PAM reports 'You're all going to die today': Nargis Fakhri's sister indicted for murder of ex-boyfriend & his friend
Nargis Fakhri's sister, Aliya, has been arrested and charged with first-degree murder and other offences for allegedly «deliberately starting a deadly fire» in a garage on November 2, which resulted in the deaths of her ex-boyfriend and his female companion in Queens, New York. According to the charges and investigation, Aliya arrived at the two-storey detached garage at about 6:20 am on November 2 and yelled, «You're all going to die today» before setting the fire that turned into a «raging inferno» in which Edward Jacobs (35) and Anastasia Ettienne (33) died. The Queens district attorney's office said Fakhri «allegedly set the fire near the entrance of the building, trapping the two inside with no exit». The victims died from smoke inhalation and thermal injuries.
03.12 / 03:59
markets Digital Action Strategy Actor Wildlife stage Theatre actor playing demon in Ramayana kills pig on stage, eats raw meat, arrested
Ramayana was arrested after he ripped the stomach of a live pig on stage and ate its meat in Odisha's Ganjam district, police said. The incident sparked a statewide outrage and was condemned in the assembly on Monday. Besides the actor, identified as Bimbadhar Gouda, one of the organisers of the play that took place in Ralab village in Hinjili police station area on November 24 was also arrested for cruelty to animals and violation of the Wildlife Protection Act. Ruling BJP members Babu Singh and Sanatan Bijuli strongly condemned the incident in the assembly.
03.12 / 03:41
markets Digital Platform security Analysis Trade information $18M penalty handed to B.C. crypto platform owner who diverted clients’ cash
The British Columbia Securities Commission has imposed more than $18 million in sanctions on a cryptocurrency trading platform and its owner who it says diverted customers’ assets to gambling and personal accounts.
03.12 / 03:29
markets BLOCK Digital security Strategy President social Trump reiterates opposition to Nippon Steel's takeover of US Steel
Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American firm U.S. Steel, as he reiterated his opposition to Nippon Steel's planned $15 billion purchase of the company. «I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,» Trump wrote on his social-media platform Truth Social. «I will block this deal from happening. Buyer Beware!!!»

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