Digital Financial News
17.11 / 16:15
markets
Digital
Parke
Experts
reports
Schools
Amid protests, Punjab Governor says no land allotted for Haryana Assembly in Chandigarh yet
Haryana government for constructing a new Assembly building in Chandigarh, Punjab Governor Gulab Chand Kataria on Sunday said that no land has been allocated for the purpose yet. «No land has been allotted yet. Their (Haryana's) proposal is pending for a long time. But nothing can be said until a decision is made in this matter,» Kataria said while responding to a query on the sidelines of an event here. The statement of Kataria, who is also the administrator for the Union Territory of Chandigarh, assumes significance after Punjab's ruling Aam Aadmi Party (AAP) and the opposition outfits took umbrage over the Centre's reported move to clear the allotment of 10 acres of land in Chandigarh to Haryana for the construction of its Assembly building. The Union Ministry of Environment, Forest and Climate Change has reportedly granted environmental clearance for the land offered by the Haryana government to the Chandigarh administration in exchange for the land to build its second Assembly building here.
17.11 / 14:11
Citi
Target
Digital
Platform
Parke
wellness
stage
Macrotech to scale digital infrastructure biz on its own, gives investors exit
Subscribe to enjoy similar stories. Macrotech Developers Ltd, which operates under the Lodha brand name, plans to build and scale its digital infrastructure business on its own, after recently buying out existing investors' stakes, said a top company executive. In the last two months, the Mumbai-based developer purchased the entire stake held by private equity firm Bain Capital in three of the company's digital infrastructure subsidiaries -- Bellissimo Digital Infrastructure Development Management Pvt.
17.11 / 14:11
markets
UPS
Digital
Platform
Experts
show
audience
OTT viewership for TV shows surges amid changing consumer habits
Subscribe to enjoy similar stories. Top traditional television shows such as Bigg Boss, Indian Idol, Kaun Banega Crorepati, Anupamaa, and Yeh Rishta Kya Kehlata Hai are getting a substantial chunk of the total viewership - about 40-50% - from the respective digital platforms owned by the TV networks, when they are streamed as catch-up content.
17.11 / 12:47
markets
Digital
Strategy
Remark
Election
wellness
BJP polarising with 'batenge toh katenge', 'vote jihad', 'dharmyudh' but people wise: Sachin Pilot
Sachin Pilot on Sunday slammed the BJP for terms like 'vote jihad' and 'dharmyudh' as well as the 'batenge toh katenge' slogan but asserted people are wise and will not succumb to such attempts to polarise. Addressing a press conference, the former Rajasthan deputy chief minister also claimed the BJP had brought forward smaller parties to eat into Maha Vikas Aghadi votes but this plan would fail. Asserting that a slogan like 'batenge toh katenge' should not be uttered by someone like Uttar Pradesh Chief Minister Yogi Adityanath, who is occupying a constitutional post, Pilot said one should instead use 'padhoge toh badhoge' (education will bring progress). Speaking on 'vote jihad', he said, «The language used by Yogiji and Devendra Fadnavisji is unwarranted. To what extent would you do politics on the basis of religion? In Ayodhya, where Ram Temple was built, the BJP lost the Lok Sabha polls. Polarisation is happening but people are wise and understand.»
17.11 / 12:47
markets
Digital
Progressive
Experts
RAI
Schools
Truth coming out: PM Modi on movie on Godhra train burning
The user also made other points, claiming that the «brutal burning of passengers» of the Sabarmati Express train was turned into a political minefield by a vested-interest group, who saw it as a means to tarnish the image of «one leader», an apparent reference to Modi. The prime minister said, «Well said. It is good that this truth is coming out, and that too in a way common people can see it.»
17.11 / 12:47
markets
UPS
Target
Digital
Fighting
Experts
country
Kerala becomes battleground in banks’ fight for NRI deposits
Banks are ramping up their operations in Kerala, known to be the hub for NRI deposits and remittances, while they strengthen their operations in the Gulf countries to deepen the customer connection. «NRI deposits, characterised by larger ticket sizes and consistent inflows provide a valuable source of long-term funding. NRIs often seek secure and profitable avenues to park funds domestically, making this segment a stable and resilient deposit base,» said Federal Bank executive director Shalini Warrier.
17.11 / 12:47
markets
Digital
Citizens
Election
students
JK: In its 1st month, Omar Abdullah govt focuses on public welfare, pressing issues
Union Territory, particularly during the harsh winter months. National Conference leader Omar Abdullah took oath as the chief minister of Jammu and Kashmir on October 16, heading the first elected government in the Union territory since 2019 when its special status was revoked. Shortly after assuming office, he instructed the police to refrain from establishing 'green corridors' for his movement, a decision aimed at minimising disruptions caused by VIP traffic and to prioritise the convenience of the public.
17.11 / 12:47
markets
Provident
Digital
Progressive
Action
country
No progress at COP29 in matters critical to developing countries: India
COP29 in Baku, India expressed frustration with developed countries for not seriously discussing how to support climate action in developing nations, saying it is impossible to tackle climate change without financial and technological help. Delivering a statement in the closing plenary of the subsidiary bodies' meeting on the Mitigation Work Programme (MWP) on Saturday, India said developed countries, which have historically contributed the most to greenhouse gas emissions and have more resources and the ability to act on climate change, have repeatedly delayed climate action and continuously shifted goalposts. «We have seen no progress in matters critical for developing countries (during the last week). Our part of the world is facing some of the worst impacts of climate change with far lower capacity to recover from those impacts or to adapt to the changes to the climatic system for which we are not responsible,» said India's deputy lead negotiator Neelesh Sah. He said the MWP is meant to help, not punish, and must respect each country's right to set its own climate goals based on its unique needs and circumstances.
17.11 / 12:47
markets
Digital
Progressive
Strategy
awards
Trade
AVP
India's free trade pacts not paused, all talks progressing as per schedule: Official
«All our FTAs, whether it is with the EU or UK, all are progressing as per the schedule,» the official said. In the coming weeks, a bilateral meeting is scheduled between the commerce secretary and the Director-General of the European Union to take stock of the negotiations for the proposed trade agreement with the European Union.
17.11 / 10:49
markets
Digital
Google
security
Strategy
Sustainability
Experts
'Selfish motives' behind formation of JMM-Congress-RJD alliance in Jharkhand, alleges JP Nadda
Narendra Modi in the state. «Selfish motives were behind the formation of the JMM-Cong-RJD alliance. It is anti-tribal, anti-farmer and anti-Dalit. It promotes corruption, dynastic politics and appeasement for vote bank politics,» Nadda alleged while addressing a poll rally at Sindri in Dhanbad district. Charging the Hemant government with promoting infiltration, Nadda said that if BJP is voted to power, a law would be enacted to check transfer of land to the offspring of infiltrators who marry tribal women.
17.11 / 10:49
markets
Target
Digital
Strategy
Experts
PAM
country
Maharashtra deprived of jobs as key projects shifted to Gujarat: Priyanka Gandhi
Priyanka Gandhi Vadra on Sunday criticised the ruling BJP for its policies and claimed Maharashtra has been deprived of jobs due to the shifting of some big projects to Gujarat. Speaking at a rally in Maharashtra's Gadchiroli district ahead of the November 20 state assembly polls, she claimed the ruling alliance leaders were trying to divert the attention from real issues and making attempts to polarise the society. Targeting the Mahayuti government in the state over its flagship Ladki Bahin scheme, Vadra said women should vote for a better life and not because they are getting Rs 1,500 a month. The Congress leader also said if the opposition Maha Vikas Aghadi (MVA) comes to power, it will give Rs 7,000 per quintal MSP to farmers for soybean crop.
17.11 / 10:49
markets
Digital
Aviat
Airlines
wellness
Experts
travelers
Sirius India Airlines looks to raise USD 100 million for expansion
Air charter services operator Sirius India Airlines has said it looks to raise USD 100 million through debt and other instruments for fleet and services expansion as it sees demand soaring from across segments. The company said it is aiming to have a fleet of 50 private jets by financial year 2027 and spread its wings to other markets such as the Far East, Southeast Asia and East Africa as part of the long-term business plan. The proposed funds are expected to be tied-up by March next year so that the plan starts getting implemented from FY26, Sirius India Airlines founder and promoter Arun Kashyap said. The Gurugram-based aviation venture launched its air charter services in collaboration with Dubai-based Transworld Group in August this year.
17.11 / 10:49
markets
Digital
students
Experts
track
reports
Schools
To improve teaching practices in schools, CBSE to introduce reward system for teachers
To foster innovation and motivation among educators, CBSE will introduce a reward system for teachers who develop high-quality assessment items. This initiative also seeks to address the challenges faced by teachers in Tier-3 cities, where salaries are often limited between Rs 15,000 and Rs 20,000. Studies such as the National Achievement Survey by the Ministry of Education, the Annual Status of Education Report, and CBSE’s Structured Assessment for Analysing Learning all point to a common conclusion: the root cause of unsatisfactory teaching in schools lies with the teachers themselves. These reports consistently highlight significant learning gaps, where board exam scores fail to reflect actual skills, and note an increasing dependence on external help like private tuition or coaching.
17.11 / 09:47
markets
Digital
Entertainment
Strategy
Experts
reports
Features
India to shift to 'smartphone era' for cars embracing 5G, advanced AI in 2025: Report
It observed that consumers are interested in spending money on improving the value proposition in terms of features, quality and experience rather than exploring too many smart devices. «22 per cent of the respondents shared about considering optimising their smart devices portfolio. Among the new set of categories, smart/connected cars is generating high interest among consumers. 55 per cent of the respondents said that they have come across news or information about smart/connected cars in recent times,» it said.
17.11 / 09:47
markets
FIVE
Digital
Strategy
President
Experts
reports
Intel report says Bangladeshis given shelter in madrasas, Hemant Soren govt facilitated Aadhaar, land: JP Nadda
BJP president J P Nadda on Sunday attacked the JMM-led coalition government in Jharkhand, accusing it of sheltering Bangladeshi infiltrators in madrasas in the state and ensuring Aadhaar, voter ID card, gas connection, ration card and land for them. Nadda also hit out at Congress leader Rahul Gandhi saying he wants to become champion of OBCs, but questioned how many OBC members were in Rajiv Gandhi Foundation and National Advisory Committee. «I have received an intelligence report just now. It says that Bangladeshi infiltrators are given shelter in madrasas here. Their Aadhaar, voter ID, gas connection and ration card are facilitated and then the Hemant Soren government ensures land for them. »Hemant Soren looted 'Jal, Jungle, Jameen' of Jharkhand, infiltration is rampant here. Infiltrators are marrying tribal women and grabbing their land. We will bring a legislation to ensure that their offspring is debarred from land. Only PM Modi-led BJP government can check infiltration," Nadda said while addressing a poll rally at Gomia in Bokaro district.
17.11 / 09:27
markets
Digital
SUN
security
Sustainability
awards
Days after listing, ACME Sun Power secures Rs 3,753 cr loan for projects in Rajasthan, Gujarat
ACME Solar Holdings' subsidiary ACME Sun Power has secured a Rs 3,753 crore term loan financing from state-owned company REC Limited for the development and construction of a 320 MW green energy projects in collaboration with SJVN. The company informed stock exchanges on Sunday that the projects would be located in Jaisalmer, Rajasthan for solar capacity and Bhuj and Jam Khambhaliya in Gujarat. A Power Purchase Agreement (PPA) has been signed with SJVN and the grid connectivity has also been secured, the company said in the statement. It added that the land acquisition process is in advanced stages.
17.11 / 09:27
markets
Digital
Strategy
Warner Bros
ESPN
rights
International
Sporting
Warner Bros, Discovery, NBA reach settlement on TV rights
Warner Bros, Discovery and the NBA have settled a contentious legal dispute concerning broadcasting rights, marking a significant shift in their long-standing partnership. Under the terms of the new agreement, Warner Bros. Discovery will continue its coverage of NBA content, but with a focus on digital platforms and international markets, while conceding US TV game rights to competitors, as per Variety. The 11-year deal resolves the lawsuit Warner had filed against the NBA after the league decided to exclude the media giant from its new broadcasting arrangements.
17.11 / 09:27
markets
Digital
Strategy
Bill
Experts
Department
recommendations
Office of profit: Govt wants to re-enact law on disqualification of MPs
disqualification of MPs for holding office of profit and bring a new one which is in sync with present requirements. The legislative department of the Union law ministry has floated the draft 'Parliament (Prevention of Disqualification) Bill, 2024' prepared on the lines of recommendations made by the Joint Committee on Offices of Profit (JCOP) then headed by Kalraj Mishra in the 16th Lok Sabha. The proposed bill seeks to rationalise section 3 of the existing Parliament (Prevention of Disqualification) Act, 1959 and to remove the negative list of offices provided in the schedule containing offices, the holders of which would incur disqualification. It also proposes to remove the conflict between the existing Act and certain other statutes which have an express provision for not to incur disqualification.
17.11 / 09:27
markets
Digital
Manufacturing
Trade
Experts
country
reports
RCEP benefit minimal for India due to China's opaque trade practices: GTRI
RCEP) continues to be justified, according to a recent report by the Global Trade Research Initiative (GTRI). The study highlights that participation in the trade bloc could exacerbate India's trade deficits, particularly with China, and pose challenges to domestic industries, especially small and medium enterprises (MSMEs). India opted out of RCEP in 2019, citing concerns over trade imbalances and the potential harm to local industries. The RCEP, a comprehensive free trade agreement, includes the 10 ASEAN countries and six trade partners—China, Japan, South Korea, Australia, New Zealand, and India (which chose not to join). Together, these countries account for 30% of global GDP and nearly half the world’s population. Key Findings
17.11 / 09:27
markets
Digital
Waters
Strategy
awards
Experts
reports
Municipal corporations need to impose adequate user charges to provide better facilities: RBI report
«MCs can significantly enhance them (non-tax revenues) by applying appropriate and adequate fees and user charges for essential services such as water supply, sanitation, and waste management while also ensuring seamless availability of high-quality public services,» it said. These measures, combined with more transparent and accountable governance practices, can contribute to bolstering the financial health of MCs, setting off a virtuous cycle of better services for the public, stronger revenues and a continuous upgrade of the urban infrastructure, it said.
17.11 / 09:27
markets
Digital
Strategy
awards
Experts
PAM
country
Retail tomato prices drop 22.4 pc on improved supplies: Govt
Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement. During the same period, modal wholesale prices at Delhi's Azadpur mandi witnessed a sharper decline of nearly 50 per cent to Rs 2,969 per quintal from Rs 5,883 per quintal, driven by increased arrivals. Similar price corrections were reported from key markets like Pimpalgaon (Maharashtra), Madanapalle (Andhra Pradesh), and Kolar (Karnataka), the ministry said.
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