Digital Financial News
20.11 / 20:13
20.11 / 19:37
markets
Digital
security
Trade
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PAM
International
DPIIT approves RCap's acquisition by IndusInd International Holdings
Trade (DPIIT) has approved the ₹10,000-crore acquisition of Anil Ambani-promoted Reliance Capital by Hinduja Group-backed IndusInd International Holdings (IIHL), sources familiar with the development told ET. With this approval, all regulatory clearances required to finalise the transaction are now in place, said sources. IIHL had already secured approvals from the Reserve Bank of India (RBI), the Insurance Regulatory and Development Authority of India (IRDAI), and stock and commodity exchanges earlier this year.
20.11 / 19:37
markets
Digital
BELA
show
reports
Schools
Colleges
The Sex Lives of College Girls Season 3: Release date, episode schedule, what to expect & more
The Sex Lives of College Girls, as the third season of the hit comedy series is set to premiere on Max this Thursday, November 21. Set in the fictional Essex College in Vermont, the show continues to explore the lives of four college roommates as they navigate the challenges of school, love, and growing up. With the protagonists now in their sophomore year, this season promises a fresh set of adventures, more drama, and a deeper look into their personal growth.
20.11 / 19:37
Digital
Citizens
Progressive
security
WhatsApp
country
inclusion
India, Brazil, South Africa agree to use digital public infrastructure, AI and data for governance
Digital Public Infrastructure (DPI), Artificial Intelligence and data for governance amid global economic growth at just over 3%, its lowest rate since the turn of the century. Accelerating progress towards the SDGs requires inclusive digital transformation.
20.11 / 19:37
markets
Digital
SUN
Discover
Experts
PAM
Department
Earth's second moon to leave soon and won't be back until 2055; here's exact date and time when it will break free
Asteroid 2024 PT5. According to The U.S. Sun, the asteroid which was discovered by NASA's Asteroid Terrestrial-impact Last Alert System (ATLAS) on August 7 measures approximately 33 feet wide and will remain in Earth's orbit for about two months before departing on November 25, 2024. In spite of its size which is significantly smaller than Earth's actual moon, it genuinely poses no hazard to our planet. Asteroid 2024 PT5 hails from the Arjuna asteroid belt and follows an Earth-like orbit, reported The U.S. Sun. Also Read: The Sex Lives of College Girls Season 3: Release date, episode schedule, what to expect & more
20.11 / 19:37
markets
Digital
Experts
PAM
show
medicines
Investigations
Will Trent: All you may want to know about release date, plot, cast and where to watch
Scott Foley has been announced as a recurring cast member in ABC's Will Trent for its upcoming third season.
20.11 / 16:59
markets
Digital
security
Experts
PAM
US vetoes UN Security Council resolution on Gaza ceasefire
Gaza, accusing council members of cynically rejecting attempts at reaching a compromise. The 15-member council voted on a resolution put forward by its 10 non-permanent members in a meeting that called for an «immediate, unconditional and permanent ceasefire» and separately demand the release of hostages. Only the U.S. voted against, using its veto as a permanent council member to block the resolution.
20.11 / 16:59
markets
Digital
Aware
awards
Experts
PAM
country
Majority of steel imports under FTAs, making any duty hike ineffective, says steel secy
steel imports are landing from FTA countries at nil duty and any duty hike will not have any impact on these shipments, Steel Secretary Sandeep Poundrik said on Wednesday while acknowledging that there is a genuine problem of supply glut due to increased imports. His comments have come against the background of domestic steel players raising concerns over rising cheap steel imports from select nations, affecting their competitiveness. The domestic industry has also sought an increase in customs duty on steel products to check below-cost shipments. Speaking at a Ficci event here, the Steel Secretary even if the government raises the basic customs duty on imports, the move will not have the desired impact as 62 per cent of the shipments entering India from FTA nations. There is a genuine problem and the ministry is aware of that, Poundrik said adding that there are multiple ways to protect the domestic industry but the only problem is that 62 per cent of imports are from FTA countries.
20.11 / 16:59
markets
Digital
Platform
film
Features
Videos
Commentary
David Fincher’s Se7en: What we know about digital, physical 4K release and IMAX screening
David Fincher’s acclaimed crime thriller Se7en will be re-released in 4K Ultra HD and screened in IMAX as part of its 30th-anniversary celebration. The film will be available in both digital and physical formats with previously issued special features.
20.11 / 16:59
markets
COST
Digital
Strategy
social
Department
recommendations
PM GatiShakti: 228 infra projects worth Rs 15.89 lakh crore recommended for approval
infrastructure projects of different ministries, including roads and railways, worth Rs 15.89 lakh crore have been recommended for approval under the PM GatiShakti initiative so far, a top government official said on Wednesday. These projects have been recommended by the Network Planning Group (NPG) constituted under the PM GatiShakti initiative launched on October 13, 2021. «So far, 228 projects have been assessed under the initiative worth Rs 1,588,919 lakh crore,» Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), Rajeev Singh Thakur told reporters here. There are several benefits of using the PM GatiShakti system, including significant cuts in time and cost for planning these infrastructure projects.
20.11 / 16:59
markets
Digital
Manufacturing
awards
Trade
Experts
PAM
Thailand, Indonesia raise concerns at India’s QCOs on leather, textiles, restrictions on copper, tyres
World Trade Organization (WTO) India’s quality control orders (QCO) on various products including medical textiles, footwear and viscose staple fibre, and certain measures which restrict its import of copper, wooden boards and tyres. These issues came up at a meeting on market access in WTO on Wednesday. Last year, Canada, Japan, the UK and the EU had raised concerns at India’s QCOs terming them protectionist. “Some new trade concerns pertaining to India’s QCOs were raised at the meeting,” said a Geneva-based official.
20.11 / 16:59
markets
Digital
Strategy
economy
awards
Diversity
social
India focussed on developing content creators' economy: Ashwini Vaishnaw
Ashwini Vaishnaw on Wednesday said India was focussed on developing the content creators' economy, showcasing the country's rich heritage and culture, and diversity of languages and literature. In his video address at the inaugural event of the International Film Festival of India (IFFI) here, Vaishnaw said with the addition of technology and development of creators' ecosystem, India can play a major role in the media and entertainment sector globally. «We in India at this point in time are very much focussed on developing content creators' economy. We have a very vibrant creators' economy where people are coming up with very innovative content showcasing some of the very rich heritage of India, the cuisines of India, the culture of India and the gems of Indian language and literature,» he said. The 55th edition of IFFI began here with a glittering opening ceremony at Dr Shyama Prasad Mukherjee Stadium here.
20.11 / 16:59
20.11 / 16:27
markets
Digital
Election
Experts
Investigations
Trump chooses former acting Attorney General Matt Whitaker as NATO ambassador
Donald Trump says he has chosen former acting Attorney General Matt Whitaker to serve as U.S. ambassador to NATO, the bedrock Western alliance that the president-elect has repeatedly expressed skepticism about. Trump, in a statement, said Whitaker was «a strong warrior and loyal Patriot» who «will ensure the United States' interests are advanced and defended» and «strengthen relationships with our NATO Allies, and stand firm in the face of threats to Peace and Stability.» The choice of Whitaker as the nation's representative to the North Atlantic Treaty Organization is an unusual one, given his background is as a lawyer and not in foreign policy.
20.11 / 16:27
markets
Digital
Strategy
President
Experts
Courts
rights
NCLT refrains Byju's Aakash Institute from tinkering with minority shareholders rights
National Company Law Tribunal (NCLT) on Wednesday passed an order refraining the Think & Learn subsidiary Aakash Institute from amending the company’s articles of association (AoA) which sought to remove the rights of minority shareholders. On Tuesday, the minority shareholders of Aakash filed a mismanagement and oppression petition against the current management of the entity. According to the counsel representing the minority shareholders, the extraordinary general meeting (EGM) which was to be held on Wednesday, sought to remove their rights while conferring special rights on the major shareholder Ranjan Pai’s Manipal Education and Medical Group which currently holds about 40% stake in Aakash.
20.11 / 16:27
markets
Digital
Strategy
country
reports
Investigations
Relationships
Another country, another problem with the Royals: Now, eldest son of Norway’s Crown Princess Mette-Marit arrested for alleged rape
Crown Princess Mette-Marit's eldest son has been arrested again, this time on suspicion of sexual assault. Marius Borg Høiby, Mette-Marit's son from a previous relationship, is the stepson of Crown Prince Haakon, the heir to the Norwegian throne. He has no official functions or royal titles, as quoted in a report by The AP. Borg Høiby was arrested in Oslo late Monday on preliminary allegations of participating in sexual intercourse with someone who is unconscious or for other reasons unable to resist the act. A preliminary charge allows police to detain somebody while they conduct an investigation and precedes a formal charge. Also Read:High Potential: When will new episodes release? Here’s what we know so far
20.11 / 16:27
markets
FIVE
Digital
awards
Experts
PAM
reports
Insurtech sector attracted $2.5 bn funding, more investment to flow: Report
insurtech sector has mobilised USD 2.5 billion over the years and the industry is expected to attract more investment in the future as there are significant growth opportunities in the space, a report said on Wednesday. According to Boston Consulting Group (BCG) and India InsurTech Association (IIA) report, India has about 150 insurtech companies, with 10 unicorns and «soonicorns» and over 45 «minicorns» with a 12 times increase in revenue over the past five years to reach USD 750 million. Cumulative funding has surpassed USD 2.5 billion, bringing the total ecosystem valuation to over USD 13.6 billion, the report said. While global insurtech funding has slowed down, the report said, APAC's insurtech sector has shown resilience.
20.11 / 16:27
markets
UPS
Digital
Trade
Experts
International
Agar Trade Set for ₹50,000 Crore Boost with Assam's Upcoming Trade Hub
Agar traders feel that industry will be transact business to the tune of a whopping Rs.50,000 crore annually once international trade centre comes up in Assam. MJI Perfumes, Assam's first make in perfume from agar, has attracted hordes of visitors at the Assam Pavilion in the ongoing 43rd India International Trade Fair (IITF) at the Bharat Mandapam in New Delhi. One of the highlights of the Assam Pavilion, the stall selling Agar and its derivatives has evoked a very good response from the residents of Delhi-NCR. The man who is on mission agar is none other than Dr.Jehirul Islam. Dr Islam returned to Assam from Saudi Arabia in 2008 and plunged headlong into deep research in agarwood farming. Called ‘liquid gold’ for its high commercial value, as its oil is used for making perfumes that are loved by the people in the Middle East and the Arab world, he discovered the disease in this indigenous plant and also pioneered the legalisation of its trade.
20.11 / 16:27
markets
Digital
Experts
PAM
information
reports
US, Italy, Spain, and Greece 'temporarily' close embassies in Ukraine amid fear over 'air attack'
The Italian, Spanish, and Greek embassies in Kyiv also announced that they will remain closed to the public today after air raid sirens were activated in the Ukrainian capital several times overnight, CNN reported. This development comes amid escalating tensions in the Russia-Ukraine conflict. Ukraine on Wednesday, marked 1000 days since Russia launched the full-scale invasion of Ukraine on February 24, 2022.
20.11 / 14:17
20.11 / 14:17
markets
Provident
Digital
awards
Equality
rights
International
GNFC, INEOS UK to form 50:50 JV to build major acetic acid plant in India
GNFC) on Wednesday said it will form a 50:50 joint venture with Britain's INEOS Acetyls International to build and operate a world-scale acetic acid facility in India. The joint venture will oversee both the plant's operations and coordinate marketing efforts for domestic distribution of acetic acid produced at the facility, the company said in a regulatory filing. The memorandum of understanding, signed on November 20, provides for equal representation on the board of directors and equivalent subscription rights in the new entity, the company said. A formal joint venture agreement is expected to be finalised at a later date.
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