Digital Financial News

13.11 / 15:57
markets UPS Digital Man security Strategy ‘Scariest 5 minutes of my life’: Bengaluru woman shares startling auto ride experience
In her tweet, she explained that while riding in an auto, she suddenly felt someone touching her from behind. Fearing the worst, she glanced back and was startled to find a young child sleeping there. “Scariest 5 mins of my life. This was me in an auto in Bangalore. I felt like someone was touching me from behind, saw a kid sleeping over there," she wrote, adding that she initially wondered if the child had been kidnapped.
13.11 / 15:45
markets Digital Man Google Platform Action social Europe's richest man sues the world's richest man Elon Musk for this reason
social media platform X (formerly Twitter) for using his newspapers’ content without proper payment. This legal battle involves Arnault's newspapers, Le Parisien and Les Echos, alongside French dailies Le Figaro and Le Monde, who claim X failed to negotiate content remuneration as mandated under European law. Here’s what you need to know:
13.11 / 15:45
markets Citi Digital Experts reports Department International Delhi overtakes Lahore to become world's most polluted city
Delhi overtook Lahore on Wednesday to become the world's most polluted city in Swiss group IQAir's live rankings. India's pollution control authority said the national capital's 24-hour air quality index (AQI) score had touched 418. The pollution levels touched the 'severe' category for the first time this season as temperatures and wind speeds dropped, reducing visibility and affecting some flights. At least eight flights were diverted from the city's Indira Gandhi International Airport, news agency ANI reported. The Central Pollution Control Board defines an AQI reading of 0-50 as «good», and above 401 as «severe», which affects healthy people and seriously impacts those with existing diseases.
13.11 / 15:45
markets Digital Man Experts rapper Guest gives a peek into one of Diddy's famous freak-off parties; here are all the details about it
Diddy's notorious freak-offs are being revealed by a guest, as quoted in a report by the Miami Herald. According to Tanea Wallace, who makes an appearance on «TMZ Presents The Downfall of Diddy,» a Saudi prince flew her and a friend to Miami in 2018 for a party at the rapper's mansion on Star Island. The singer-songwriter claimed to have seen a few celebrities, including one famous rapper, after leaving her phone at the door. The late-night/early-morning event, according to Wallace, was pretty crazy, and many of them appeared intoxicated.
13.11 / 15:45
markets Digital Strategy Remark Election President Experts Donald Trump Jr. has bagged a new job, but it is not in his father's next administration
Donald Trump Jr. has recently announced that he will be joining the venture capital firm named 1789 Capital while he is opting out of a formal role in his father’s administration following the recent US Presidential election victory. According to Independent, during a conference for Republican donors hosted by JD Vance's Rockbridge Network, Donald Trump Jr. eventually revealed about his new position as a partner at the 1789 Capital. Independent reported that 1789 Capital which mainly focuses on investments in conservative-oriented businesses also includes the media startup of Tucker Carlson. At the age of 46 only, Donald Trump Jr. has been pretty influential in his father’s political endeavors which also include the support for JD Vance as the US Vice Presidential candidate while fostering ties with potential administration appointees like Robert F. Kennedy Jr. Also Read: Donald Trump to conduct mass firings early into his second term? Two million federal workers are scared and anxious
13.11 / 15:45
markets Citi Digital security Experts Investigations Robbers steal cash from Travis Kelce and Patrick Mahomes' homes in Kansas, damage property
Kansas City Chiefs players Travis Kelce and Patrick Mahomes faced frightening home invasions in early October. According to documents from the Cass County Sheriff’s Office, both athletes were victims of burglaries at their respective Kansas City-area homes. Despite ongoing investigations, these incidents have raised concerns among the players and their fans.
13.11 / 15:45
markets COST Digital economy Trade country reports Trump 2.0: Will America's strengthening dollar rattle the rest of the world?
Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world
13.11 / 14:41
markets Provident Digital Career Platform Gap students TeamLease EdTech, Labour and Employment Ministry ink MoU to enhance employability
TeamLease EdTech on Wednesday said it has signed an agreement with the Ministry of Labour and Employment to enhance employability through work-linked degree programmes. Under this Memorandum of Understanding (MoU), TeamLease EdTech will bring around 200 work-linked degree programmes on the National Career Service (NCS) portal, each with embedded internships that provide over 5,00,000 hands-on learning opportunities. Leveraging its digital platform, Digivarsity, TeamLease EdTech will make live internship opportunities accessible to students pan India through the NCS platform, creating pathways that bridge skill gaps and prepare a job-ready workforce aligned with India's evolving job market, it said.
13.11 / 14:41
markets Digital security President Experts PAM reports US Secret Service agent allegedly took lover to Obama’s beach house, leaks their private info
A Secret Service agent, who was tasked to protect former US President Barack Obama, allegedly brought his girlfriend to Obama's beach house in Hawaii. The incident came to light after the agent's former girlfriend, Koryeah Dwanyen, released her memoir titled «Undercover Heartbreak: a Memoir of Trust and Trauma» on October 28, reported Abc news.
13.11 / 14:41
markets Digital community Experts PAM voice Indian youths at COP29 call for prioritising children's needs in climate policy
COP29, urging world leaders to prioritise the unique needs of children and youth in policy. «Rising temperatures and unchecked development have led to landslides and impacted our way of life,» said 23-year-old Manisha Arya, a youth delegate from India's Himalayan region, as she voiced the concerns of millions at the United Nations Climate Change Conference (COP29). Manisha is one of 20 young South Asian leaders representing the urgent demands of youth in the fight against climate change. Alongside her is Kartik Verma, a 19-year-old environmental advocate from a farming community in rural India.
13.11 / 14:41
markets Digital CEO Strategy Election stars reports Massive layoffs coming soon: CNN to sack hundreds including top stars due to dismal election ratings
CNN is reportedly facing significant layoffs as part of a major restructuring effort which is actually aimed at reviving its struggling reputation following disappointing US Presidential election ratings, reported DailyMail. According to a report from Puck, CNN executives are planning to cut hundreds of jobs which will specifically affect the production staff while on the other hand, on-air talent might also see some major changes. DailyMail reported that this comes following the network's viewership eventually plummeted with only 5.1 million viewers on the night of US Presidential Elections while severely trailing behind MSNBC and Fox News. Also Read: Despite being battered by Republicans, pollster Nate Silver sees hidden good news for Democrats from US election results; here's why
13.11 / 14:41
markets Digital Election Instagram Experts social stars Lionel Messi to leave Inter Miami, MLS? Here's what Argentina world-cup winning star has revealed
Inter Miami and Argentina soccer legend Lionel Messi had heart-break in MLS Cup playoffs as Atlanta United emerged winner in Game 3. With this, questions and apprehensions were raised about the World Cup winning star's future in Major League Soccer. After speculations in the social media and news outlets, Messi has decided to reveal his future plans. «A season ended in which we continued to grow as a club and, although we achieved some goals, we wanted more,» Messi wrote on Instagram Monday. «Thanks to all the people who joined and supported us. Now let's get ready to come back stronger next year,» Messi posted. Messi's contract with Inter Miami will expire in 2025.
13.11 / 14:41
markets Digital awards Experts PAM reports Courts IBC: Icra says lenders took 72 pc haircut in Q2; breach of timelines resulting in more liquidations
bankruptcy courts, a report said on Wednesday. In over 71 per cent of the cases, the 270-day timeline is getting exceeded, the report by rating agency Icra said, adding that this is resulting in a higher number of liquidation orders as the elongated process erodes value. "'Lenders continue to face steep haircuts or reduction in loan amounts of nearly 72 per cent in Q2 FY2025 as the overall resolution process continues to face material delays emerging from litigations from either promoters or dissenting creditors," the agency's group head for structured finance ratings Abhishek Dafria said. He added that 71 per cent of the ongoing corporate insolvency resolution processes (CIRPs) had exceeded 270 days, post-admission by the NCLT.
13.11 / 14:41
markets UPS Digital awards Experts show Modi regime sees five-fold jump in ITR filers with income above Rs 50 lakh; middle class tax burden falls
ITR) filing data, the number of individuals showing annual income of over Rs 50 lakh has gone up to over 9.39 lakh in 2023-24, a five-fold jump from 1.85 lakh in 2013-14. Also, the income tax liability of those earning above Rs 50 lakh has gone up 3.2 times, from Rs 2.52 lakh crore in 2014, to Rs 9.62 lakh crore in 2024. A source said that 76 per cent of income tax collected is from those earning above Rs 50 lakh a year. This has led to reduced tax burden on the middle class. Also, the increase in number of people filing ITRs with annual income above Rs 50 lakh is due to «strong anti tax evasion and black money laws implemented by the Modi government», the source added.
13.11 / 13:57
UPS Digital WSJ Trade reports rights 32-year-old macro trader leaves $50m hedge fund job with possible clawback risk
John Curtice, the 32-year-old macro trader who joined hedge fund Millennium earlier this year on a package allegedly worth $50m has left again. Bloomberg reports that his apparently inadvertent exit followed a ‘net low single digit loss,’ and claims that Curtice exceeded guidance on his risk limits. However, Bloomberg also says that Curtice’s trades didn’t hit a limit that would actually trigger a stock loss. Instead, the fund is said to have had multiple ‘discussions’ about risk limits with him before he left. 
13.11 / 12:15
markets Digital Manufacturing awards PAM country reports Automakers see slight growth in domestic sales after three months, driven by festive sales
As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), as many as 393,238 vehicles were dispatched from factories to dealerships, compared to 389,714 units sold in the corresponding period of the last financial year.
13.11 / 12:15
markets Digital Strategy awards Experts ICC rankings: Pakistan bowler regains top rank in ODIs, India spinner leaps 110 spots in T20Is
ICC rankings saw Pakistan pacer Shaheen Afridi jump to the top of the ODI bowlers' ranking after picking eight wickets in three matches against Australia. Afghanistan leg-spinner Rashid Khan claimed the second spot as South Africa's Keshav Maharaj dropped two places to third. Two other Pakistani pacer made huge strides after winning the series against Australia. Haris Rauf, who claimed 10 wickets to win the Player of the Series award, and Naseem Shah both jumped 14 places. Rauf is now 13th, while Naseem is joint 55th.
13.11 / 12:15
markets Digital Strategy Death Experts cover Department NPS rules: Don't forget to submit these two forms to avail NPS benefits for you, family
NPS or the older pension schemes in case of death during service, discharge on grounds of invalidation, or disablement.
13.11 / 12:15
markets Digital economy Election Trade War PAM Donald Trump's proposed trade war may lead to 75% chance of a US recession, says a Wall Street strategist
Donald Trump emerged victorious in the US Presidential elections, and as soon as he comes to power following the end of Biden's tenure, his proposed set of economic plans will begin seeing the green light, and according to a Wall Street strategist, some of it could make the possibility of a US recession a harsh reality.
13.11 / 12:15
markets Digital Strategy Sustainability Remark awards PAM PFC not to take exposure in Shapoorji Pallonji Group: PFC chairperson
PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing «high-end exposure», PFC CMD Parminder Chopra said. The Power Finance Corporation (PFC) chairman and managing director (CMD) Parminder Chopra made the remarks in a post earnings call. «The Board in its wisdom has decided that since it's a new sector for us, so we may not take that high-end exposure,» she said in reply to a question related to sanctioning loan to Shapoorji Pallonji. Shapoorji Pallonji Group is a business conglomerate which specializes in sectors like engineering and construction.
13.11 / 12:15
markets Digital Justice PAM Diversity Courts Investigations Valmiki Corporation Scam: HC rejects Union Bank’s plea for CBI probe
Karnataka High Court on Wednesday dismissed a petition filed by the Union Bank of India (UBI) seeking a CBI probe into the case of diversion of funds from the Karnataka Maharshi Valmiki ST Development Corporation. A group of people allegedly committed fraud on the bank and siphoned off the funds, allocated to the Valmiki Corporation for the welfare of scheduled tribe members, between February 21 and May 6 this year. The alleged fraud came to light only on May 24, after the corporation managing director wrote to UBI’s MG Road branch asking it to restore the funds debited to its account as it had not authorized any of the transactions that took place over this period. In its complaint to the CBI, the bank said it had been able to recover Rs 5 crore while Rs 84.63 crore remained unrecovered from the recipients of funds from illegal transfers.

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