Digital Financial News

30.10 / 07:15
markets UPS Citi Digital Strategy students Schools ICAI CA Result 2024 Topper List: Female students claim top three ranks, check names, marks, cities
CA Intermediate September 2024 exam with a score of 484 out of 500, obtaining an overall percentage of 80.67 per cent.
30.10 / 07:15
markets UPS Citi Digital Strategy awards WhatsApp One mn monthly orders of fast moving consumer goods on ONDC but mostly served by brands directly: Kiko Live
FMCG has grown to over 1 million monthly orders on ONDC but these orders are mostly fulfilled from central warehouses, instead of local kirana stores, said Kiko Live, a SaaS solution for neighbourhood stores Kirana sales have dropped by up to 35% in tier 1 markets where quick commerce primarily operates. While customers still visit the store for larger orders, the small order basket, traditionally ordered via phone and delivered by the store delivery boy, is moving to quick commerce. Retailers understand that retaining these customers would require offering a similar quick commerce option. «Kirana-led grocery orders are also approaching a quarter million orders a month, with Kiko Live as the leading player. This is expected to grow rapidly in the coming months, with retailers understanding that going digital is not an option but a necessity for survival,» said Alok Chawla, Co-Founder of Kiko Live, adding early adopter retailers have started creating digital storefronts and offering trackable 30-minute quick commerce-type deliveries.
30.10 / 07:15
markets Provident Digital security Strategy reports International RBI's secret mission this Dhanteras brought back another 102 tonnes of gold from England
According to RBI’s latest foreign exchange reserves report, the central bank held 855 tonnes of gold as of the end of September, with over half, or 510.5 tonnes, now stored domestically. This development reflects a broader, ongoing effort by RBI and the Indian government to protect the nation’s gold reserves from potential risks abroad. Since September 2022, RBI has quietly brought back 214 tonnes of gold, driven by the need to safeguard holdings amid growing geopolitical uncertainties. Many officials within the government believe that housing gold in India is a safer approach during these uncertain times. In a carefully planned secret mission involving special flights and heightened security to move gold, RBI and government officials worked to ensure that information about the gold transfers did not leak out. The shipments required exemption from certain tax levies to facilitate the smooth movement of gold. Though the government is open to future shipments, officials indicate that no additional large-scale repatriations are planned for this year, ToI reported.
30.10 / 05:15
markets UPS Digital Manufacturing Instagram country Videos China's second-generation factory owners go digital to combat challenges
China as she gestured excitedly while an assistant filmed her on a smartphone. The 29-year-old is one of many second-generation factory owners fighting to elevate the country's manufacturing sector, pitting digital native skillsets against the rising costs and geopolitical tensions pushing clients abroad. Qiu said she grew up with «the noise of machines running day and night», but working in manufacturing was not always her first choice.
30.10 / 04:17
markets Digital Strategy Experts PAM reports Department India-China disengagement at LAC: Was US involved in resolution talks?
Line of Actual Control (LAC), the US State Department welcomed the 'reduction in tensions' at the border, ANI reported early Wednesday. Matthew Miller, spokesperson of the US State Department, said that Washington is 'closely monitoring the situation and has held discussions with the Indian side on the matter. However, he clarified that the US has not played any role in the India-China resolution.
30.10 / 03:37
markets Reuters Digital awards RAI Schools RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
Inflation unexpectedly spiked to 5.49% in September, but was forecast to cool to an average 4.9% this quarter and drop to 4.6% in January-March, giving the Reserve Bank of India (RBI) room to ease policy. The central bank has held interest rates at their highest since early 2019 for the past 10 meetings.
30.10 / 03:37
markets Digital Career Discover Death film reports Nishad Yusuf death: Editor of Suriya’s Kanguva and Mammootty’s Bazooka found dead in Kochi flat
Malayalam film editor Nishad Yusuf, aged 43, was discovered dead at his residence in Panampilly Nagar, Kochi, around 2 a.m. on Wednesday, news reports said. His sudden demise has sent shockwaves across the film industry, leaving fans and colleagues in grief. Nishad Yusuf had built an impressive career, earning acclaim for his editorial work on notable films like Thallumaala and Unda. His exceptional editing skills in Thallumaala earned him a prestigious State Award. Recently, he had worked on high-profile projects including Mammootty’s Bazooka and Suriya’s upcoming film Kanguva, scheduled to release on November 14. He was also involved in several other projects, including Operation Java, Saudi Vellakka, One, Chaveer, Ramachandra Boss & Co, Udal, Adios Amigo, Alangam, Exit, and One Thousand Lies.
30.10 / 01:23
UPS Digital CEO Entertainment film Experts country Non-film conglomerates can revitalize struggling movie production houses
Subscribe to enjoy similar stories. Serum Institute of India CEO Adar Poonawalla's decision to buy a 50% stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment for ₹1,000 crore could prompt more non-film conglomerates to invest in movie production houses at a time when they are struggling with dwindling revenues from theatrical, satellite and digital sales, industry experts said.
30.10 / 01:19
markets Provident Target Digital security Flushing Investigations Canada now alleges Amit Shah behind plot to target Sikh separatists
Amit Shah was behind the plots to target Sikh separatists on Canadian soil. The Indian government has dismissed Canada's prior accusations as baseless, denying any involvement. According to The Washington Post newspaper, Canadian officials alleged Shah was behind a campaign of violence and intimidation targeting Sikh separatists in Canada.
30.10 / 01:05
markets Digital Booking security Analysis Trade reports 66,92,534% gain in a trading day? Yes, that's Elcid
trading session. So when Elcid Investments, a little-known sparsely traded micro-cap holding company made this eye-popping surge in Tuesday's trade, Dalal Street participants took notice. The extraordinary surge in the stock was on account of a special call auction for price discovery in investment holding companies, organised by stock exchanges.
30.10 / 01:05
markets Provident Digital wellness Experts PAM social New rules on data protection likely to be notified soon
personal data and its protection are likely to be notified soon, a top lawmaker told ET. This could happen “well before” the Maharashtra assembly elections to be held on November 20, the person added. The Digital Personal Data Protection (DPDP) Act was enacted in August 2023 but it is yet to become operational.
30.10 / 01:05
markets UPS Digital CEO PAM show Incremental work from top clients is a bigger deal for IT
Indian IT firms leveraged their partnerships with top clients to put up a strong show. From generating revenue from additional demands of existing clients, and restarting clients’ backlog projects to harvesting top clients, IT firms lapped up these incremental works with finesse. Top IT firms saw their top clients’ contribution to their total revenue jumping in the second quarter. HCLTech’s top 20 clients that contributed 27.3% of its revenue in Q2 of last fiscal, are now contributing 350 bps (100 basis points is 1%) more currently (at 30.8%). Infosys’ top 10 clients are contributing 100 bps more today than what they were contributing to the corresponding period of last year. Similarly, Wipro’s top 10 clients are contributing 230 bps more today (at 22.9%) than what they were contributing (20.6%) in the corresponding period of last year.
30.10 / 01:05
markets UPS Digital Platform CAT trends PAM Catwalk goes canine in this festival season pet gala
quick-commerce frenzy, fashion products for dogs and cats are carving a spot in people’s festive season shopping budgets. Sales of pet fashion products have doubled this festive season compared to business as usual, with quick-commerce and ecommerce platforms pushing more pet parents to explore festive-themed offerings for their beloved animals, industry executives said. On Sunday, Blinkit chief executive Albinder Dhindsa introduced a series of festival-focused pet products, including kurtas and lehengas, under the name ‘Diwali with Pets’.
29.10 / 20:49
markets Digital Apple film Experts PAM stars Margo’s Got Money Troubles: Apple TV+ show’s cast, production and plot
Nick Offerman has signed on to star in Margo’s Got Money Troubles, a new Apple TV+ series that already includes a notable cast of Elle Fanning, Nicole Kidman and Michelle Pfeiffer. The show, based on Rufi Thorpe’s novel, highlights a young mother’s financial struggles in unique circumstances.
29.10 / 20:49
markets Digital Strategy Experts Celebrity PAM reports Did Melania snub Donald Trump's kiss at a recent rally at Madison Square Garden? Jimmy Kimmel brutally mocks the ex-President
Jimmy Kimmel makes fun of Trump's relationship with Melania. Jimmy Kimmel covered Donald Trump's recent rally at Madison Square Garden on Monday after taking a week off. He focused on an awkward moment between the former president and his wife, Melania, on stage, as quoted in a report by the Daily Beast. Kimmel joked that Melania Trump's rare appearance was in accordance with section 3, Subsection 2.7 of her prenuptial agreement. Observe the interactions between these two lovers. They have positively smoldering chemistry. Melania pushed Trump into a more formal kiss on the cheek after he appeared to try to kiss her on the lips in a rally video that Kimmel played. Watching a man and his wife attempt to avoid smudging each other's Bronson cream is the most beautiful thing in the world, stated Kimmel as quoted in a report by the Daily Beast.
29.10 / 20:03
markets Digital Strategy love reports Colleges Is American democracy under threat? That is what majority of voters say in a new poll
recent poll survey by New York Times and Sienna College revealed that 76% of likely voters believe on the fact that democracy in the US is currently under threat while only 20% of likely voters disagree to that fact. According to The Hill, the survey indicated a division among the Americans regarding the specific nature of threat while 21% attribute the threat to Donald Trump, 14% cite corruption in the government and smaller percentages mentioned issues such as immigration, loss of constitutional liberties and misinformation. The Hill reported that the poll survey also highlighted a spilt in the perceptions of which political party would be better for democracy. 45% of respondents view both the parties as good for democracy, whereas, a significant number believes that Democrats (29%) and Republicans (26%) are certainly detrimental to it. Also Read :Did Tim Walz push a Chinese Communist Party official’s daughter to the brink of suicide during a love affair in the 1980s? Here's the truth
29.10 / 20:03
markets Digital Netflix Experts RAI PAM Relationships Kanye West permanently relocating to Tokyo? Kim Kardashian may file lawsuit against him for shared parenting schedule of kids
The couple shares four children, North (born June 2013), Saint (December 2015), Chicago (January 2018), and Psalm (May 2019). Despite their ongoing issues, Kardashian emphasized her desire for the children to maintain a strong relationship with their father. She stated, “I always want my kids to be around their dad as much as possible,” highlighting the importance of open communication between them for their children’s well-being.
29.10 / 20:03
markets Digital Racing Election Experts PAM reports US election 2024: Donald Trump's daughter is missing at campaign trail. Where is Ivanka Trump?
Ivanka Trump has been surfing. She's posed in front of the Eiffel Tower, and attended a Formula One party in Miami in a race-car red dress. She's hung out with her children in a hot tub, with Kim Kardashian in Malibu, and with her husband, Jared Kushner, at the Acropolis, according to a report on NYT News Service. The one place Trump hasn't been, however, is the campaign trail. And though she has been upfront about her absence, politically speaking, it remains somewhat mysterious. During former President Donald Trump's last two bids for office, Ivanka Trump appeared at rallies, in television ads and on national convention stages, often with the implicit role of appealing to female voters, as per a report on NYT News Service. Also Read: Netflix November 2024 Lineup: Here’s the complete list
29.10 / 20:03
markets Digital Action hospital outbreak reports Schools McDonald's E.coli outbreak: Kidney failure reported, fast-food chain sued, earnings mixed
McDonald's was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions in the fast-food chain's Quarter Pounders, as per a Reuters report. In a complaint filed in Chicago federal court, Amanda McCray and William Michael Kraft said they experienced many symptoms associated with E.coli infection after buying Quarter Pounders this month. They said they would not have bought their burgers had McDonald's disclosed the risk of contamination. The lawsuit seeks damages for all people in the United States who bought Quarter Pounders contaminated with E.coli.
29.10 / 20:03
markets Digital Death Experts PAM rights Investigations Manipur government orders magisterial inquiry into deaths of Bashanti Devi & daughter in Imphal West
Manipur government ordered a Magisterial inquiry into the death of Bashanti Devi and her minor daughter Adhikarimayum Lanchenbi Devi in Imphal West district. An official said that Imphal West’s District Magistrate Shamim Ahmad Shah in a notification on Tuesday requested the interested people to give oral evidence or produce any material and documents about the death before the inquiry officer on or before November 8. The 48-year-old Bashanti Devi, a widow and her minor daughter were found dead at their residence in Manipur’s Imphal West district on September 22.

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