Digital Financial News

12.11 / 15:17
markets Digital Google Sustainability Death President Schools Kharge's mother and sister had died in Razakar attack but he keeps mum for Muslim vote bank: Yogi Adityanath
Yogi Adityanath on Tuesday claimed Congress president Mallikarjun Kharge purposely keeps mum on the tragic death of his mother and sister in an attack by Razakars as he feared losing Muslim votes. Days after Kharge criticised the seer-turned-politician on his saffron attire and «Batenge to Katenge» slogan, Adityanath launched a strong counterattack at a poll rally in Maharashtra's Amravati. He accused the Congress veteran of suppressing these painful personal memories for political expediency. Adityanath alleged Congress ignores historical atrocities for the sake of vote bank politics.
12.11 / 14:17
markets Digital Election Bitcoin PAM reports Bitcoin price could hit $100,000? Check Donald Trump effect in Cryptocurrency
Bitcoin is heading towards $100,000 amid President-elect Donald Trump’s pro-crypto stance and promise for clearer cryptocurrency regulations, as per a report. On Tuesday, the Bitcoin price was hovering around $87,880 apiece. Bitcoin price has surged about 30 per cent since the US election, IANS reported. According to Nigel Green of deVere Group, «Bitcoin could hit $100,000 by the end of January 2025 after Donald Trump takes office». The bullish prediction from Green comes after the cryptocurrency has experienced a staggering 93 per cent price rise year-to-date.
12.11 / 14:17
markets UPS Digital RAI PAM social Funstop Games raises $5 million in its Series A funding
casual gaming studio Funstop Games on Tuesday said it has raised $5 million in its Series A funding, in a round led by 360 ONE Asset alongside InfoEdge Ventures, which has doubled down on its previous round. “Our decision to double down on our investment in Funstop Games reflects our confidence in the founders and their continued ability to churn out viral titles even as they have transitioned to a self-publishing model," Chinmaya Sharma, Partner, InfoEdge Ventures said in a statement. «We are excited to see the adoption of Funstop’s games not just by Indians in India but by the larger Indian diaspora overseas as well.” The company said the funds will be used to ramp up Funstop’s game development efforts, build its ad-tech capabilities, and grow its portfolio of games. This is in line with its vision of expanding its presence in the casual gaming sector and creating new titles.
12.11 / 13:43
Target Digital Mobile Instagram show cover information Meta to offer ‘less personalized ads’ in concession to EU
Subscribe to enjoy similar stories. Meta Platforms plans to give European users of Instagram and Facebook the option of receiving what it says are “less personalized ads," a concession to regulators that risks hitting the company’s revenue in one of its largest markets. The social-media company plans in coming days to begin prompting users in Europe with the choice of the new ad format, without paying a fee, according to people briefed on the plans.
12.11 / 10:51
markets UPS Target Digital Food reports India's retail inflation in October breaches RBI tolerance band at 6.21%, first since Aug 2023
The spike in inflation rate in October marked the first time since August 2023 that the print breached the Reserve Bank of India's (RBI) tolerance ceiling of 6 per cent. In September, the inflation print had surpassed RBI's 4 per cent medium-term target for the first time since July at 5.49 per cent. Food inflation, which makes up around half of the overall Consumer Price Index (CPI) basket, surged to 9.69 per cent in October, up from 9.24 percent in the previous month. Rural inflation also quickened to 6.68 per cent, compared to 5.87 per cent in September, while urban inflation rose to 5.62 per cent from 5.05 per cent the previous month.
12.11 / 10:51
markets Digital Google Sustainability community Experts PAM Guru Nanak Jayanti bank holiday 2024: Are banks open or closed on Friday, November 15? Check state-wise list
The Reserve Bank of India publishes regional and national holidays state wise on its website. Note that banks are closed on Sundays, second and fourth Saturday's of the month.
12.11 / 10:51
markets Digital Strategy Experts PAM Interviews Sadhguru warns against ‘excessive green talk,’ says Trump’s ‘drill, baby drill’ shows people won’t abandon oil so easily
COP29), spiritual guide Sadhguru offered a critical perspective, arguing that urging nations to abandon fossil fuels without presenting viable alternatives could backfire. Highlighting the imbalance between the ongoing anti-fossil fuel rhetoric and the absence of feasible substitutions, Sadhguru referenced Donald Trump's infamous «drill, baby drill» slogan, which he sees as a backlash to excessive environmental discourse. “We are continuously talking about fossil fuels. It must happen. The shift is needed. But that’s not going to happen unless there are significant technological innovations. It’s not going to happen just because you wish. The world is not going to give up oil simply because you and I say it is not good. Substantive alternatives have to come. Where are those?” he told TOI in an interview. «Incessant discussions on fossil fuels are crucial, but mere intentions won’t suffice. Transformative technological advancements are essential,» he remarked during an interview with TOI, illustrating the lack of viable alternatives to oil and emphasizing resistance against sacrificing lifestyle standards for ecological goals.
12.11 / 10:25
markets COST UPS Citi Digital China plans to slash homebuying taxes in fiscal stimulus
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. Regulators are working on a proposal that would allow mega cities including Shanghai and Beijing to cut the deed tax for buyers to as low as 1% from a current level of as much as 3%, the people said, requesting not to be identified because the matter is private. City governments have leeway to tweak the rules, the people added. The plan, hinted at on Friday by Finance Minister Lan Fo’an, underscores Beijing’s increased willingness to use fiscal tools to shore up the sluggish economy along with monetary easing. Lan pledged to carry out “more forceful” fiscal policies next year after unveiling a 10 trillion yuan ($1.4 trillion) debt swap for local governments, signaling bolder steps could come after US President-elect Donald Trump takes office.
12.11 / 10:05
markets Digital Experts PAM AVP Courts cricket BCCI seeks withdrawal of insolvency petition against Byju's in NCLAT
BCCI) Tuesday sought withdrawal of its insolvency petition against embattled edtech firm Byju's in the National Company Law Tribunal (NCLT). The move by the cricket control board follows a Supreme Court of India ruling on October 23, which quashed a National Company Law Appellate Tribunal (NCLAT) order allowing a settlement between BCCI and Byju's. On August 2, NCLAT’s Chennai bench approved Byju’s founders’ settlement of the Rs 158 crore payment owed to BCCI, helping the edtech company avoid bankruptcy. The matter will be heard on November 18.
12.11 / 10:05
markets Digital Airlines Experts PAM International Destinations Air India Group operates 8,500 weekly flights with 300 planes
Air India Group is currently serving 312 domestic and international routes with around 8,500 weekly flights, according to airline sources. For now, Tata Group-owned Air India, which has merged full service carrier Vistara with itself, has a total of 67 wide body aircraft, including seven of Vistara. The integrated entity of Air India and Vistara is India's largest international carrier and the second largest domestic airline. The entity has 210 planes serving 91 destinations and 174 routes with weekly flights of around 5,600, the sources said.
12.11 / 09:45
markets Digital CEO Boxing country reports China's biggest shopping event of the year exceeds low expectations
BEIJING — China's Singles' Day shopping festival saw consumers spend more than expected in what has otherwise been a tepid retail environment, consulting executives told CNBC.
12.11 / 07:59
markets FIVE Digital Experts PAM cover information UGC NET December 2024 notification to be out soon; Here are steps for registration and more
The awaited UGC NET 2024 December notification will include comprehensive details about the exam, covering eligibility criteria, key dates, the application process, instructions on admit cards, the exam pattern, syllabus, and subject list, among other essential information.
12.11 / 07:59
markets Digital Career Research students Experts International How to write a Statement of Purpose for your UK student visa
Statement of Purpose (SOP) is more than a formality; it's your personal advocate, convincing admissions committees of your potential and passion to study abroad. As an international student seeking to study in the United Kingdom, a well-crafted SOP can be the difference between acceptance and rejection. It's your chance to showcase your unique qualities, academic journey, and aspirations to the admissions officers. While the prospect of writing a compelling SOP might seem daunting, fear not. This guide will equip you with the essential strategies and practical advice to create a document that truly reflects your strengths and aspirations. Your SOP should be a cohesive narrative that reflects your personal and professional journey. Here’s a breakdown of what it should cover.
12.11 / 03:59
markets Digital security Strategy Align President Experts Winter Olympics Who is Mike Waltz, Donald Trump's national security advisor, and why is it good news for India but bad for China?
Donald Trump has chosen Florida Representative Mike Waltz as his national security advisor. Waltz, a retired Army Green Beret known for his extensive knowledge in military operations and policy, is a vocal critic of China and a staunch advocate for bolstering US strategic readiness in the Indo-Pacific.
12.11 / 03:59
markets Target Digital students Experts PAM information Russian cybersecurity experts keen to share expertise with India amid rising threats
A leading Russian cybersecurity firm Positive Technologies has revealed that more than two-thirds of cyberattacks in India lead to leaks of confidential information, making India a focal point for improving cyber defences. The company presented its findings at the Positive Hack Talks meetup on October 11 in Bengaluru, underscoring a pressing need for fortified cybersecurity measures. The company’s report highlights a 15% increase in cyberattacks across India in 2023, with a staggering 46% rise in attacks in Q2 of 2024 alone, significantly outpacing the global growth rate of 30% in the same period.
12.11 / 03:09
markets Citi Digital Strategy Experts PAM Schools Chennai Weather Update: Schools close as rain batters city and nearby districts
Chennai’s district collector, Rashmi Siddharth Zagade, has declared a school holiday for Tuesday, as per a TOI report. The India Meteorological Department (IMD) has issued a yellow alert across multiple districts, with alerts set for 12 districts on November 12, 17 districts on November 13, 27 districts on November 14, and 25 districts on November 15. Read more: Chennai to see heavy rain for next few days, IMD issues alerts for multiple districts across Tamil Nadu; Full forecast here
12.11 / 00:27
Digital security Sustainability Tesla Trade President Bitcoin Mint Primer Two to tango: The return of Bitcoins Trump
Subscribe to enjoy similar stories. As Donald Trump prepares to take charge as president, the talk of the town once again is cryptocurrencies, with analysts saying Bitcoin prices may cross $100,000 soon. Mint explains the connection between the cryptocurrency surge and Trump’s return to power.
12.11 / 00:27
markets Digital Pool wellness Experts Aon performer India Inc doles out benefits to retain mid management
Subscribe to enjoy similar stories. Companies across industries are rolling out the red carpet for middle and junior management employees in a bid to both retain top performers as well as attract new talent. Long-term incentives, floating stock units and global postings are being liberally handed out at a time when companies cannot afford big hikes and bonuses.
12.11 / 00:21
markets UPS Digital Analysis Trade Experts Bitcoin Bitcoin zooms past $84,000, likely to make higher highs
cryptocurrency, is expected to continue with investors betting on prices to cross $100,000 this year, riding the bullish momentum in the digital currency. It was trading above the $84,500 mark at press time.

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