Digital Financial News

18.11 / 13:27
markets Digital Google Strategy awards Experts show Unemployment rate dips to 6.4% in September quarter: Survey
unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the July-September quarter, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the September quarter of FY24 was 6.6 per cent. The unemployment rate for people aged 15 years and above in the previous April-June quarter of FY25 was 6.6 per cent in urban areas, the 24th Periodic Labour Force Survey (PLFS) showed.
18.11 / 13:27
markets Target Digital Fox Google Strategy Department Deep cuts unlike any in recent times: Will Department of Education be history in the U.S? Vivek Ramaswamy has this to say
Department of Government Efficiency. Their collaboration aims for deep, historic cuts to agencies, with the U.S. Department of Education facing potential dissolution. Speaking to Fox News, Ramaswamy emphasized the need for swift, impactful changes.
18.11 / 13:27
markets Digital Platform Strategy MakeMyTrip RAI travelers MakeMyTrip to acquire Happay from Cred
MakeMyTrip is set to acquire expense management platform Happay from fintech unicorn Cred. This acquisition will give a stronger foothold to the Gurugram-based company in the corporate travel booking space. Cred had acquired Bengaluru-based startup Happay in 2021 in a cash-and-stock deal worth $180 million. Under the arrangement, the Happay brand along with its expense management business and the vertical’s dedicated team will join MakeMyTrip, the company said in a news release Monday.
18.11 / 13:27
markets Digital Strategy President War peace Trump Jr accuses Biden of triggering 'World War III' after President allows Ukraine to use long-range US weapons in Russia
The move by the United States came just over two months before President-elect Donald Trump takes office on January 20. The US gave the green light after months of requests by Ukrainian President Volodymyr Zelenskiy to allow Ukraine's military to use US weapons to hit Russian military targets far from its border. ALSO READ: Trump vows to end Russia-Ukraine war
18.11 / 12:11
markets Digital Strategy Research band reports boating Wearables shipments down 21% on year in July-Sep: IDC
wearable devices such as smartwatches, earphones and fitness bands saw a decline for the second consecutive quarter during the July-September period. According to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing the highest impact. ET reported on November 5 about a protracted slowdown in wearables firms over the last 12-15 months.
18.11 / 12:11
markets Digital Platform awards Trade Department International GeM conducting registration drive for Indian sellers at IITF
India International Trade Fair, an official statement said on Monday. The Government e-Marketplace (GeM) is an online platform that facilitates end-to-end procurement of goods and services by various central, state ministries, departments, organisations, public sector undertakings, panchayats, and cooperatives. The online portal was established with a clear objective to eliminate cumbersome and archaic manual public procurement processes that were riddled with inefficiencies and transparency-related issues. GeM is onboarding the Indian sellers and service providers by conducting an extensive registration drive at its pavilion at the India International Trade Fair (IITF), the commerce ministry said.
18.11 / 11:21
markets Digital voice hospital prevention Courts Colleges RG Kar: Police blow vehicle horn outside court to prevent reporters from hearing accused's voice
Kolkata Police on Monday brought R G Kar Medical College and Hospital rape-murder accused Sanjay Roy to Sealdah court in an apparent attempt to prevent journalists from hearing his voice. Roy had made certain remarks against former Kolkata police commissioner Vineet Goyal and claimed his innocence when he was being taken out of the prison van before being produced before Sealdah court on November 11, the opening day of the trial. To prevent Roy from speaking during Monday's appearance, police constantly honked the vehicle's horn and slapped its body as he was escorted to the court building, eyewitnesses said. Police also replaced the van with a smaller one to transport Roy to avoid further disruptions from Tuesday last.
18.11 / 11:21
markets UPS Digital Sustainability students reports International Canada increases eligible working hours for international students
Canada has introduced new regulations to safeguard its International Student Program (ISP), enhancing its sustainability and protecting students from abuse. The changes, confirmed by Immigration Minister Marc Miller, aim to ensure that international students have a secure and supportive academic experience while working within Canada's framework. These steps are part of Canada's broader goal to balance the country's immigration levels with long-term economic needs, as outlined in the 2025-2027 Immigration Levels Plan. A key update involves the adjustment of work hours for international students. As of now, eligible students can work up to 24 hours per week off-campus during their study periods.
18.11 / 11:21
markets Digital Google awards Experts PAM social The Good Glamm Group completes acquisition of The Moms Co
Content-to-commerce company The Good Glamm Group on Monday announced completion of 100 per cent acquisition of The Moms Co. The Good Glamm Group, in October 2021, acquired a majority stake in The Moms Co through a cash and stock deal, leading to partial exits for The Moms Co founders and full exits for investors like DSG Capital and Saama Capital. The remaining shares held by the founders were fully acquired by The Good Glamm Group over the last two years, wrapping-up the 100 per cent acquisition, according to a release. The latest announcement comes on the heels of the Group completing the Sirona transaction and its increases in shareholding in other portfolio brands Organic Harvest and Winkl.
18.11 / 11:21
markets Citi Digital Sustainability PAM Destinations From skywalk to New Shillong township: CM Sangma’s economic ambitions unfold at the Cherry Blossom Festival 2024
Besides, a push for sustainable tourism and protection of natural resources, and the CM Elevate programme—a state-funded initiative to promote entrepreneurship and create jobs for the youth—which has already supported 20,000 entrepreneurs, including a “Ride the Cloud” initiative offering 50% subsidies for tourist taxis, is also on Sangma’s agenda. “For tourism to grow as a whole, and in terms of the entire ecosystem, multiple factors need to be addressed,” Sangma said. The annual Cherry Blossom Festival in the ‘Scotland of the East’ has attracted a record-breaking 50,000 plus tourists, almost double the number received last year. To continue with the momentum at the music festival, take the “music and tourism economy” growth story forward, and build the overall ecosystem on a larger scale, Sangma announced several ambitious projects during the festival. The skywalk and New Shillong township Mawkdok in the East Khasi Hills in Shillong is a must-stop tourist destination. Tourists, almost certainly, make a stop at Mawkdok during their visit to the Sohra (Cherrapunji) tourism circuit, making it a strategic location for a project as ambitious and futuristic as the skywalk.
18.11 / 10:29
markets UPS IPO Digital Google Experts Blackbuck IPO sails through on final day
initial public offering of Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, sailed through on the last day of its public issue. As of 3 pm, the overall issue was subscribed 1.30 times. According to data from the BSE, the public issue received bids for more than 3.52 crore shares against the 2.25 crore shares on offer. Qualified institutional buyers (QIBs) bid 1.80 times the shares reserved for them, while retail investors subscribed to their portion 1.46x.
18.11 / 10:29
markets Digital Google Election Experts Headlines BJP launches 'Say No to Congress' ad campaign ahead of Maharashtra assembly elections
Maharashtra Assembly elections, the BJP on Monday launched a new ad campaign attacking the opposition Maha Vikas Aghadi (MVA) and urging people to "Say No to Congress." The campaign highlighted various incidents from the past, including the 26/11 Mumbai terror attacks, with headlines such as «26/11 Mumbai Terror Attack», «2003 Mumbai serial blasts», «Chronology of the 7/11 train bombing case», and «Death toll in Pune blast rises to 17.» It also referred to tragedies like the Gowari massacre and the Palghar Sadhu lynching, questioning the government's response. The campaign also focused on issues such as corruption, with the BJP mentioning the alleged black-marketing of Remdesivir by a Congress official, and allegations of financial mismanagement in the BMC.
18.11 / 10:29
markets Target Digital Election country hospital Schools Congress started loss-making ventures, neglected villages: Nitin Gadkari
Nitin Gadkari on Monday slammed the Congress for launching loss-making ventures, neglecting villages and depriving the country of real development during its tenure in power. The country had suffered due to the «wrong policies and corrupt government,» the senior BJP leader said targeting the previous Congress-led dispensations in power. Gadkari lauded former prime minister Atal Bihari Vajpayee for strengthening the road infrastructure in the country. The Union Minister of Road Transport and Highways was addressing a public meeting at Sadak Arjuni in Gondia district while campaigning for NCP candidate Rajkumar Badole for the November 20 Maharashtra assembly polls.
18.11 / 10:29
markets Digital Waters Research Experts PAM reports Is there less fresh water available for everyone on earth? Nasa reveals shocking details
NASA-German satellites found evidence that Earth’s total amount of freshwater dropped abruptly starting in May 2014 and has remained low ever since. The researchers suggested the shift could indicate Earth's continents have entered a persistently drier phase. «From 2015 through 2023, satellite measurements showed that the average amount of freshwater stored on land — that includes liquid surface water like lakes and rivers, plus water in aquifers underground — was 290 cubic miles (1,200 cubic km) lower than the average levels from 2002 through 2014,» said Matthew Rodell, one of the study authors and a hydrologist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland.
18.11 / 09:57
markets Digital Waters Strategy War hospital At least 2,406 children killed or injured in 1,000 days of war in Ukraine: UNICEF
In addition to child casualties, which include 659 children killed and 1,747 children injured — amounting to at least 16 children killed or injured every week — millions of children continue to have their lives upended due to ongoing attacks. UNICEF said that children are enduring relentless hostilities, prolonged displacement and severe shortages of essential resources including safe water, electricity, and other necessities. Escalating attacks on Ukrainian territory have sharply increased civilian casualties and infrastructure damage since July this year.
18.11 / 09:57
markets Target Digital security Strategy Healthcare track HDFC Nifty India Digital Index Fund, and 8 other mutual fund NFOs to open for subscription this week
ICICI Pru Equity Minimum Variance Fund, Shriram Multi Sector Rotation Fund, and Bandhan Nifty 200 Quality 30 Index Fund are open for subscription. PGIM India Healthcare Fund, Franklin India Long Duration Fund, Mirae Asset Long Duration Fund, Edelweiss CRISIL IBX AAA Financial Services — Jan 2028 Index Fund, HDFC Nifty India Digital Index Fund, and Axis Momentum Fund will open for subscription later this week. Among these nine funds, three thematic funds, two index funds and long duration funds, one sectoral fund and a target maturity fund will open for subscription this week.
18.11 / 09:57
markets Digital Strategy Universities Department Schools Colleges Manipur: Govt schools, colleges closed till November 19 amid curfew in Imphal
Government of Manipur, Secretariat Higher and Technical Education Department declared the closure of institutions, colleges including state universities in these districts till Tuesday. The decision has been taken in consultation with the Home Department, Government of Manipur. Order from Secretariat Higher and Technical Education Department said, «In view of the curfew imposed by District Magistrate in many of the Districts and considering the safety of the students and teacher, it is hereby ordered that all the Government Institutions/Government Aided Colleges under Higher & Technical Education Department, Government of Manipur including State Universities in the Districts where curfew has been imposed shall remain closed for 2(two) days w.e.f November 18 to November 19.»
18.11 / 09:57
markets Digital Airlines Strategy Nov travelers Traffic Domestic air passenger traffic hits single-day record of 5.05 lakh on Nov 17
domestic air passenger traffic crossed 5 lakh for the first time in a single day on Sunday, reflecting strong travel demand amid festive and wedding seasons. Airlines carried 5,05,412 passengers on Sunday (November 17) and the number of flight departures was at 3,173, according to the latest data from the civil aviation ministry. It was the first time that domestic air passenger traffic crossed the 5 lakh-mark in a single day. «Domestic travel has witnessed strong demand during the festive season. Daily flown pax crossed 5 lakh on 17th Nov.
18.11 / 09:57
markets Digital JPMorgan Strategy Election Experts Cycling Nomura expects Fed to pause rate-cut cycle in December
U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, making it the first global brokerage to signal a pause in the central bank's rate-cutting cycle in the wake of Donald Trump's election win. Nomura now expects the Fed to deliver only two 25-basis-point (bp) rate reductions at its March and June meetings in 2025, leaving the brokerage's Fed funds rate projection unchanged at 4.125% through next year. The Fed's benchmark overnight interest rate is currently in the 4.50%-4.75% range. It has cut rates by 75 bps in 2024.
18.11 / 09:57
markets UPS Digital awards Experts PAM social NTPC Green forms 50:50 joint venture with ONGC Green for renewable energy projects
NTPC Green Limited, a wholly owned subsidiary of NTPC Limited on Monday announced a 50:50 Joint Venture of with ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. ONGC NTPC GREEN PRIVATE LIMITED (ONGPL) will be engaged in exploring and setting up Renewable Energy (RE) projects and assets both through Greenfield development and acquisitions. It will also assess the feasibility and establishment of offshore wind projects, among other related activities.
18.11 / 08:29
markets Digital Experts PAM reports International Internal rifts, apparent proximity to Delhi LG: How Kailash Gahlot drifted away from AAP
Reportedly, there were a series of incidents that have caused rifts between senior party leaders, particularly Kailash Gahlot and other top AAP functionaries. The growing mistrust, sources claim, stemmed from Gahlot's increasing proximity to Delhi's Lieutenant Governor (LG) VK Saxena and his perceived shift away from the party’s central leadership.

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