Digital Financial News
19.11 / 16:59
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JSW Steel emerges preferred bidder for Codli mineral block XII in Goa
JSW Steel on Tuesday said it has been declared as the preferred bidder for Codli Mineral Block XII at Dharbandora in Goa. The company has received a communication from the Office of the Director, Directorate of Mines & Geology, Government of Goa, JSW Steel said in an exchange filing. «The company is declared as 'Preferred Bidder' with highest final offer price at 92.60 per cent of the value of mineral dispatched,» it said. The projected iron ore resources are 48.5 million tonnes in addition to 2.7 million tonnes of ore in dumps, JSW Steel said.
19.11 / 16:59
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Irdai urges bankers to focus on core job, not sell insurance alone; avoid mis-selling
Insurance industry regulator Irdai's Chairman Debasis Panda on Tuesday urged bankers to focus on their core job and not pedal insurance alone. In comments that come a day after Finance Minister Nirmala Sitharaman also made similar suggestions, Panda said the bancassurance channel is very useful in deepening the reach of insurance in the country. «There is merit in the system but we have to do it with care and caution so that you don't forget your activity and only start selling insurance. It should be incidental,» Panda said, speaking at the annual banking and economy conclave organised by SBI here. Insurance companies definitely need low-cost distribution solutions like the ones offered by the banks, which have a massive spread across the country and cover nearly all the inhabited places, he said.
19.11 / 16:59
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Donald Trump seen picking Howard Lutnick for Commerce chief, Punchbowl reports
Trump is expected to pick Wall Street firm Cantor Fitzgerald CEO Howard Lutnick to serve as Commerce secretary, a Punchbowl reporter said in a post on X on Tuesday, without citing any sources. With Lutnick, Trump is tapping a long-time friend who backs the Republican's vision to bring manufacturing jobs back to the U.S. and promote the adoption of cryptocurrency. As co-chair of Trump's transition team, Lutnick had been seen for weeks as a possible candidate for a position in the Trump administration.
19.11 / 16:59
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Digital
Ball
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Mobile
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stars
Watch out, Messi! Engineers create robot that can replace humans in football; could be part of World Cup teams very soon
ARTEMIS, which stands for ‘Advanced Robotic Technology for Enhanced Mobility and Improved Stability’. According to Daily Star, this robot is designed to play soccer with aspirations to rival top players like Lionel Messi. Daily Star reported that ARTEMIS can walk at a speed of 2.1 meters per second which makes it potentially the fastest walking humanoid robot. It is equipped with actuators that mimic biological muscle while allowing for more fluid movements compared to traditional robots. Also Read: Lionel Messi-Argentina vs Peru free live streaming: Prediction, kick-off time, how to watch
19.11 / 16:59
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AVP
Make capability building process more efficient: Rajnath Singh to IAF
Rajnath Singh on Tuesday called for making the process of capability development of the Indian Air Force more efficient and effective. In an address at a conference of top commanders of the IAF, Singh commended the force for its dedication and professionalism in safeguarding the nation's sovereignty. He expressed confidence in the IAF's ability to adapt to evolving challenges and exhorted commanders and senior officials of the defence ministry to look at means to make the process of capability and capacity building more efficient and effective in line with India's national aims and aspirations, according to an official readout. The IAF commanders reviewed the national security challenges, especially the situation along the Line of Actual Control (LAC) with China.
19.11 / 15:57
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FIFA
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Lionel Messi-Argentina vs Peru free live streaming: Prediction, kick-off time, how to watch
Lionel Messi's Argentina will play Peru on Tuesday in a crucial FIFA World Cup 2026 qualifying match. Defending soccer world cup champions and Copa America winners Argentina lost four its previous games. Messi's side was defeated by Paraguay last week. Messi's Argentina will play Peru in Buenos Aires. The soccer game is scheduled to commence at 7 pm (ET) on November 19. Argentina versus Peru will be live streamed on fubo TV and ViX. Fubo TV offers free trial. Argentina is likely to win against Peru. Messi's Argentina will be on the verge of confirming a 2026 World Cup spot if it beats Peru in Buenos Aires in South American qualifying. Victory would give defending champion Argentina 25 points from 12 matches, historically good enough for at least sixth place in the 10-team standings. South America has six entries into the World Cup.
19.11 / 15:57
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Trade
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International
Ten newly approved industrial cities to boost India's economic corridors: DPIIT
The Cabinet had in August, approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs 28,602 crore spanning across 10 states. “These industrial smart cities, represent the next generation of connected, self-sustaining hubs that will support local communities and elevate India’s global standing,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a statement on the eighth anniversary of four industrial corridors namely Amritsar-Kolkata Industrial Corridor (AKIC), Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC), and Bengaluru-Mumbai Industrial Corridor (BMIC).
19.11 / 15:57
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Health concerns mount? With no fresh produce to supplement their diets, here's what astronauts stranded on the ISS are eating every day
NASA astronauts who have been stuck on the ISS for five months have been consuming a lot of pizza, roast chicken, and even prawn cocktails, but they haven't had much fresh produce to add to their diet. Butch Wilmore, 61, and Sunita Williams, 59, are being closely watched by space agency doctors for their diets and health after a recent photo revealed Williams to be noticeably thin. The New York Post was informed by a specialist involved in the troubled Starliner mission that the two are eating a wide range of foods, such as pizza, prawn cocktails, roast chicken, tuna, and breakfast cereal with powdered milk, while medical professionals make sure they are consuming enough calories.
19.11 / 15:57
19.11 / 15:57
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Election
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Assam cabinet approves renaming Karimganj to Sribhumi district
Assam cabinet has approved renaming of Karimganj as Sribhumi District. The state government stated that to give the existing Karimganj district a distinct identity which justifies its richcultural heritage, Cabinet has approved renaming Karimganj as Sribhumi district. “Over a 100 years ago, Kabiguru Rabindranath Tagore had described modern day Karimganj District in Assam as ‘Sribhumi’- the land of Maa Lakshmi. Today the AssamCabinet has fulfilled this long-standing demand of our people.” Assam chief minister Himanta Biswa Sarma stated, “Restoring the Old Glory of Assam's Southernmost district Karimganj district is now Sribhumi. Honouring the vision of Kabiguru Rabindranath Tagore who named the current geographical of undivided India as Sribhumi, Assam Cabinet has decided to rename Karimganj as Sribhumi district. This decision will reflect the expectations and aspirations of the people of the district.” In order to build upon the growth momentum in the State and attract investments and infrastructure development in Assam, Cabinet has approved holding of the Assam Investment and Infrastructure Summit, 2025 on 24 & 25 February. The Summit will be attended by Prime Minister Narendra Modi.
19.11 / 14:03
markets
COST
Digital
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Walmart earnings: Holiday shopping is off to a strong start
Subscribe to enjoy similar stories. Walmart said U.S. sales rose during the most recent quarter as shoppers bought more groceries, home goods and toys, a sign that spending is off to a steady start at the start of the holiday shopping season.
19.11 / 14:03
Provident
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It isn’t just data centers—AI’s plumbing needs an upgrade
Subscribe to enjoy similar stories. The coming wave of artificial-intelligence usage won’t just strain data centers and power grids—it will also stress the country’s network capabilities.
19.11 / 13:33
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students
Universities
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After DU and JNU, Jamia announces shift to online classes as air quality deteriorates
In a notification, the university said that regular physical classes would resume on November 25, prioritising the health and well-being of students. The administration also directed the heads of all its schools to suspend physical classes until further notice and conduct classes online.
19.11 / 13:33
markets
Provident
Digital
Platform
security
Experts
innovations
LTIMindtree extends deal with Europe's Nexi Group by over 2 years
LTIMindtree, India’s sixth largest IT services company, has secured an extension of a key contract from European payment solutions provider Nexi Group, the Mumbai-based firm said on Tuesday. As a part of the partnership, LTIMindtree will leverage its technical expertise and solutions to optimise Italy-based Nexi's core platforms, aiming to enhance performance, innovation and scalability, LTIMindtree said in a statement. LTIMindtree will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions, while supporting the company’s digital transformation efforts, the company said.
19.11 / 13:33
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Sustainability
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performer
IHCL unveils new ACCELERATE 2030 strategy
Indian Hotels Company (IHCL) has unveiled its new ACCELERATE 2030 strategy under which it plans to expand its current portfolio of 350 hotels to over 700 by 2030, besides reaching an enterprise revenue mark of over Rs 30,000 crore from Rs 13,000 crore currently. Under the strategy, IHCL aims to take its number of operational hotels to 500 plus in 2030 from 232 currently, and is targeting consolidated revenues of over Rs 15,000 crore in 2030 from Rs 7,000 crore currently. It aims to take the ROCE (return on capital employed) ratio to 20% in 2030 from 15% currently, and wants to sustain its net cash positive position going forward. “Our vision is to be the most valued, responsible and profitable hospitality ecosystem. So the revenues should double, the portfolio should double. The ROCE should go to 20% plus, and the NPS stays at 70 plus,” said IHCL MD and CEO Puneet Chhatwal on Tuesday, while unveiling the new strategy.
19.11 / 13:33
markets
UPS
Digital
economy
Election
rights
Trump's new problem: Mass deportations could result in a major US recession, say economists
US recession fears had become a strong concern the last time when the economy of the nation was at a weaker level. Soon after the US Federal Reserve issued an interest rate cut by a whopping margin, things began falling in line. However, after the US Presidential elections, there are chances that recession fears may flare up in the circumstance that mass deportations begin under the Donald Trump regime, that will begin right after Joe Biden's tenure is over at the White House. Also Read: British PM Keir Starmer raises human rights violations in China with Xi Jinping; this is what happened to journalists after that, watch video
19.11 / 13:33
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Digital
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Strategy
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travelers
Air India Phuket to Delhi flight: 5 hours journey turns into a 4-day stranding for passengers; AI responds
Phuket to Delhi in five hours has turned into a four-day ordeal for many travellers aboard Air India Flight AI 377. The flight, which was scheduled to depart at 5:50 pm (local time) on November 16, had to be delayed due to technical issues and crew flight duty time restrictions. The Airbus A320 (VT-EDD) was unable to take off on its scheduled time, and after a delay of nearly 24 hours, the flight took off from Phuket at 8:44 pm the next day. However, after about 3.5 hours in the air, the aircraft had to return to Phuket due to a technical snag. As of now, around 30-35 passengers remain stranded in Phuket. In a TOI report, Air India sources confirm that plans are in place to fly these passengers back to Delhi on Wednesday, meaning they will reach their destination four days later than originally expected.
19.11 / 12:53
markets
Digital
Strategy
awards
Deloitte
reports
Three-fourths of top taxpayers back Standard Audit File for Tax, Tax E-Wallet: Deloitte survey
Standard Audit File for Tax (SAF-T) for efficient and faster audit process and compliance monitoring, according to a survey released by Deloitte India on Tuesday. Further, 67% supported the introduction of tax e-wallet, which would allow for prompt credit of taxpayers’ refunds on order issuance, enabling adjustments against outstanding demands or future income tax liabilities. “The government’s progress in digitalisation is already reshaping the tax landscape, enhancing the ease of doing business and driving efficiencies that taxpayers highly appreciate,” said Rohinton Sidhwa, Partner at Deloitte India.
19.11 / 12:53
markets
Citi
Digital
Experts
electronic
Profiles
CM, Dy CM pay respects to Pandit, SMK, Premji & NRN for building Bengaluru’s tech profile
Bengaluru’s reputation as a global technology hub, while speaking at the tech summit inaugural. Siddaramaiah recalled it was under the visionary leadership of SM Krishna in the early 2000s, that Bengaluru transformed with initiatives like Electronic City and IT parks, with the government laying the groundwork for the city's global tech reputation. “Today, Bengaluru is internationally recognized for its influence in software, biotechnology, aerospace, and advanced manufacturing, establishing itself as one of the fastest-growing cities worldwide,” the CM said.
19.11 / 12:53
markets
Citi
Provident
Digital
Gap
Strategy
reports
Bengaluru Rising report would help make better policies, says IT/BT Minister Kharge
IT/BT Minister Priyank Kharge on Tuesday said Bengaluru’s emergence as a clear leader was not just a testament to its potential, but a call to build policies that sustain and amplify this growth. The minister was commenting on Bengaluru Rising, a data report published by the nonprofit UnboxingBLR Foundation, released by chief minister Siddaramaiah, Dy CM DK Shivakumar and himself at the inaugural of the Bengaluru Tech Summit. State’s startup vision group chairman Prashanth Prakash also heads the nonprofit and its report promises a 360-degree view on India’s top cities.
19.11 / 10:37
Digital
security
economy
Align
wellness
information
FIP
Let’s plug a privacy loophole in India’s account aggregator system
Subscribe to enjoy similar stories. As regular readers of this column will know by now, I have long advocated the benefits of embedding regulatory principles directly into digital infrastructure.
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