Digital Financial News

11.11 / 10:19
markets Digital Election WhatsApp Experts Fought Lok Sabha polls against my wish, didn't feel bad about loss: BJP leader Pankaja Munde
Pankaja Munde has said that she contested the Lok Sabha election from the Beed constituency this year against her wish and did not feel bad about her loss. Canvassing for her cousin NCP leader Dhananjay Munde for the November 20 Maharashtra polls, the BJP MLC on Sunday said that while seeking votes for him, she felt like she was receiving a «send-off party» and was being freed of a responsibility. Pankaja Munde held a Diwali Sneh Milan in Parli, where she addressed her supporters on Sunday. «While seeking votes for Dhananjay Munde, I feel like I am receiving a send-off party and being freed of a responsibility. I fought the Lok Sabha election against my wish. I did not cry after my defeat, but cried when someone committed suicide after my loss,» she said.
11.11 / 10:19
markets Digital Platform Strategy Sustainability Food Swiggy may soon deliver advice on love, divorce, career, or diet at your doorstep
Swiggy and Zomato, are testing various services to diversify beyond their core operations, sources close to the matter shared. Bengaluru-based Swiggy is piloting a new services marketplace called 'Yello,' offering customers access to professionals such as lawyers, astrologers, dieticians, therapists, and fitness trainers. According to insiders, this initiative could potentially be hosted within the main Swiggy app or as a separate platform. This move aligns with Swiggy’s larger goal of expanding beyond food and grocery delivery. Swiggy is also exploring a premium membership service named ‘Rare,’ catering to affluent customers with perks like access to exclusive events and priority restaurant reservations. These offerings signal a strategic push into high-value services as Swiggy nears its planned stock market listing on November 13.
11.11 / 09:49
markets Citi Digital Experts PAM reports Slum area in Mumbai declines by 8.6% over 17 years: Study
The study, which focused on Greater Mumbai and Thane, found that the area covered by slums dropped from 47.7 square kilometres in 2005 to 43.6 square kilometres in 2022. However, this overall decline masks a more complex pattern: some slums expanded, others shrank, and some disappeared entirely over the past two decades. Specifically, slums in certain areas reduced by 10.2 square kilometers, while others grew by 6.1 square kilometres, according to the TOI report. In addition to changes in size, slums became denser after 2010. John Friesen, the lead author of the study, explained, “While slums grew in area in the first decade, they densified in the second.”
11.11 / 09:49
markets Digital Strategy Experts PAM social Mutual fund monthly SIP inflow crosses Rs 25,000 crore mark for first time
SIP crossed the Rs 25,000 crore mark for the first time in October and stood at Rs 25,323 crore against Rs 24,509 crore in September. The monthly SIP contribution was recorded at Rs 16,928 crore in the same period a year ago. Among the equity categories, all 11 categories received inflows. Sectoral and thematic funds received the highest inflows of around Rs 12,278 crore in October. Flexi cap funds received Rs 5,180 crore inflows against inflows of Rs 3,214 crore in September.
11.11 / 09:49
markets Digital Platform Sustainability Experts PAM Epic Capital leads $16.5 million funding round in edtech startup Bhanzu
Edtech startup Bhanzu raised $16.5 million (about Rs 139 crore) in a funding round led by venture capital firm Epiq Capital at a valuation of about $120-122 million. The round also saw participation from Mumbai-based venture fund Z3Partners and existing investors Lightspeed Ventures and Eight Roads. The funds will be used for expanding its presence in the US and for investing in generative artificial intelligence (Gen AI).
11.11 / 09:23
Blockchain Digital Election Bill Celebrity Bitcoin donates The crypto world is preparing for a renaissance under Trump
Subscribe to enjoy similar stories. Bernie Moreno was celebrating Tuesday night at La Centre, a banquet center in the Cleveland suburbs, when he got a call from Brian Armstrong, Brad Garlinghouse and a handful of other crypto executives. The Republican had just defeated three-term Sen.
11.11 / 09:13
markets Digital Waters Nov Experts PAM social BJP-led Mahayuti's campaign filled with hate, poison: Congress
«The Mahayuti, led by the BJP, has only one agenda in its campaign. It is simply and only to polarize society on the basis of religion and to disturb communal harmony in the state. Such an awful campaign reveals its sick mindset,» Ramesh wrote in a post on X. «The campaign is full of hate and poison deliberately being injected. But the people of Maharashtra will reject this type of campaign decisively on Nov 20th,» the Congress leader added.
11.11 / 07:45
markets Digital Booking Strategy Experts PAM social Maharaja Club: After merger with Vistara, Air India Flying Returns will become Maharaja Club; members won't be able to access account temporarily
Today, November 11, Vistara will take its last flight before merging into Air India. Vistara-Air India merger: Will airport lounge access booked on Vistara be valid when flying Air India after November 12?
11.11 / 07:45
markets Digital Strategy President Justice PAM social Will serve judiciary with distinction: Kharge wishes Justice Khanna on being sworn-in as CJI
Justice Sanjiv Khanna after he was sworn-in as the 51st Chief Justice of India, and noted that the position would place a lot of weight on his shoulders due to the extensive scrutiny and expectations that the office brings with it. Kharge exuded confidence that Khanna would be able to bear the weight of this responsibility and serve the Judiciary with distinction. In a post on X, the Congress chief said, «Extending best wishes to Justice Sanjiv Khanna for taking oath as the 51st Chief Justice of India. The position of the Chief Justice of India would undoubtedly place a lot of weight on his shoulders due to the extensive scrutiny and expectations that the office brings with it.» «I am sure with his long and distinguished experience, he will be able to bear the weight of this responsibility and serve the Judiciary with distinction,» Kharge said.
11.11 / 07:45
markets FIVE Digital Election country Courts Investigations SC dismisses ex-JD(S) MP Prajwal Revanna's bail plea in rape case
Prajwal Revanna in rape and sexual harassment case. The former MP has been remanded to Special Investigation Team (SIT) custody until June 24 by a Karnataka court on Wednesday, a day after he had been sent to judicial custody under separate charges. The special investigation team (SIT) is investigating four cases of sexual assault against Revanna and filed a chargesheet before the Bengaluru court that hears cases against elected representatives.
11.11 / 07:45
markets Digital Entertainment country stars International Sporting Disney Star's distribution head Gurjeev Kapoor leaves before Reliance-Star India merger: Sources
Gurjeev Kapoor, Head of Distribution and International Markets at Disney Star, has likely decided to leave the company to pursue entrepreneurial ambitions in the entertainment sector. Kapoor's departure comes as the $8.5 billion merger between Reliance and Disney’s Indian assets nears finalization, sources close to the development informed ET Online. «Gurjeev Kapoor has chosen not to accept a role in the Viacom18/Disney Star joint venture, opting instead to pursue an entrepreneurial career in the entertainment space,» sources told ET Online. Mukesh Ambani-owned Reliance had in February this year signed a binding agreement with Disney to merge the media operations in India, the world's most populous country with diverse demography that consumes high volume of media content.
11.11 / 05:27
markets UPS Digital Death country Rivals of ousted Bangladesh leader Sheikh Hasina foil her party's attempt to hold a rally
Sheikh Hasina on Sunday thwarted a plan by her Awami League party to hold a rally in Bangladesh's capital, seen as a potential first effort to make a comeback on the streets since she fled the country in August amid a mass uprising. The rally in Dhaka by Hasina's party was to commemorate the death of a party activist on Nov. 10, 1987, which had sparked a mass protest against former military dictator H.M. Ershad. He was eventually ousted from office, ending his nine-year rule in 1990. The day is commemorated as «democracy day.» In 1991, Bangladesh switched to a parliamentary democracy from a presidential form of government, and since then Hasina and her rival, former Prime Minister Khaleda Zia from the Bangladesh Nationalist Party, became the most powerful political figures in the country.
11.11 / 04:23
markets Digital Sustainability Exponent performer recommendations Updates Best large & mid cap funds to invest in November 2024
mutual funds invest most of their corpus in the large and mid cap stocks. As per the Sebi mandate, these schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks. However, this definition does not tell the whole story about the large & mid cap category. Consider this: The 35% mandatory investments in mid cap stocks make them risky. However, they are less risky than pure mid cap schemes that invest around 65% in mid cap stocks. Also, the 35% investments in large cap investments offer them some stability. But they are riskier than pure large cap schemes. Then there is the question of the remaining 30% of the corpus. The fund manager has the option to decide where the money will be invested. If he thinks the large cap space is attractive, he may invest in large cap stocks. If he thinks mid cap and small cap stocks are poised to take off, he may invest in them. As you can see, these investments may increase or decrease the risk in these schemes.
11.11 / 04:23
markets COST Digital Mobile Apple International After cost-cutting and 15,000 layoffs, Intel reintroduces free tea and coffee to boost employees morale
Intel announced it will reintroduce free coffee and tea for its employees after removing several workplace perks earlier this year as part of extensive cost-saving initiatives. The decision to restore the beverages comes as the company attempts to bolster employee morale following a challenging year, which included workforce reductions and benefit cutbacks.
11.11 / 02:21
markets Digital Food community Inside actress Videos Are figs actually non-vegetarian? The anjeer debate you need to know
Although most plant-based foods are typically vegan, figs are unique due to a specific enzyme resulting from fig wasp pollination, sparking debate about whether they’re “non-vegetarian.” This conversation took off after actress Shenaz Treasurywala shared a video explaining how figs grow, adding fuel to the vegan debate.
11.11 / 02:21
markets Digital Cooper Election War Relationships peace Donald Trump, Germany's Scholz agree to work towards 'return to peace in Europe'
Trump on Sunday spoke with German Chancellor Olaf Scholz by phone, Berlin said, adding that they «agreed to work together towards a return to peace in Europe». Scholz — mired in a political crisis and facing snap elections sometime in early 2025 — congratulated Trump a second time on his election victory, according to the chancellor's spokesman Steffen Hebestreit. «Both exchanged views on the German-American relationship and the current geopolitical challenges,» Hebestreit said in a brief statement.
11.11 / 02:21
markets Digital Google Action Election Schools Maharashtra elections: Congress suspends seven more rebel candidates
Maharashtra Pradesh Congress Committee (MPCC) on Sunday night intensified disciplinary actions by suspending seven additional rebel candidates for anti-party activities ahead of the upcoming assembly elections. The newly suspended leaders include — Shamkant Saner, Rajendra Thakur, Aba Bagul, Manish Anand, Suresh Kumar Jethliya, Kalyan Borade, and Chandrapaul Chauksey. Earlier in the day, the MPCC suspended 21 other rebels, bringing the total number of suspensions to 28 across 22 constituencies.
11.11 / 02:21
markets Digital Google Southern Death reports Schools After hurricanes, two earthquakes jolt crisis-hit Cuba
The quakes cracked walls and damaged homes, but did not appear to have caused any deaths, according to preliminary reports. They left many residents running into the streets and badly shaken so soon after the passage of Hurricane Rafael, a category 3 storm, which struck the island last Wednesday.
11.11 / 01:01
markets Provident Digital Platform Food Experts What’s cooking at Swiggy, Zomato? new business recipes
Swiggy and Zomato are both assessing several new services as the food and grocery delivery majors diversify beyond their core businesses, people in the know told ET. Bengaluru-based Swiggy is all set to launch a pilot programme for a services marketplace, labelled ‘Yello’, which will host professionals such as lawyers, therapists, fitness trainers, astrologers, dieticians, according to sources in the know. The company, which is slated to list on the bourses on November 13, is yet to decide if this service will be spun off into a separate app or kept on the main Swiggy platform, these people added. It is also testing a premium membership service called ‘Rare’, for affluent customers providing them access to high-end events such as Formula 1 races, music concerts, upscale art exhibitions, in addition to VIP hospitality and priority reservations at luxury restaurants. For Swiggy, these moves mark a clear diversification beyond its core offerings.
11.11 / 01:01
markets Digital Manufacturing CEO Gap economy Experts IISc, TalentSprint to offer space-tech certificate programme
Space Manufacturing and Tech, Satellite and Navigation Systems, Propulsion, and Mission Design. Space startups have also said that they are willing to pay a premium for individuals with the right skill set. TalentSprint's founder, CEO and MD Santanu Paul told ET that the company has consistently anticipated market trends, as seen with AI and fintech when those industries were in their early stages, by launching various executive courses. «This is an attempt to create the talent pool and ‘expertise building’ for the space economy in India,» he said. «If India aims to become a 100 billion USD space economy by 2040, I believe that a 100 billion USD industry will naturally support at least a billion dollars' worth of education.»
11.11 / 01:01
markets UPS Provident Digital security social Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workers
wage ceiling and lower the headcount threshold under the Employees' Provident Fund Organisation (EPFO) as it aims to enhance and widen coverage for bolstering social security for workers. The current wage ceiling under the EPFO is ₹15,000 per month, which could be raised to up to ₹21,000 in line with the wage ceiling under the Employees' State Insurance Corporation. Further, the mandatory threshold in an organisation for joining the EPFO may be lowered to 10-15 employees from 20 currently. The ministry of labour and employment is currently discussing the matter with stakeholders, said people aware of the deliberations. They added that the government is keen to push the welfare measures as it prepares the ground for rollout of the Social Security Code.

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