Digital Financial News
28.10 / 12:31
markets
Digital
Experts
PAM
country
Equality
peace
India, China continue disengagement in Demchok, Depaang in eastern Ladakh
Eastern Ladakh sector, defence sources said on Monday. According to the defence sources, the process is expected to be completed soon. Earlier, the Chinese Foreign Ministry said on Friday that the frontier troops of both India and China are engaged in «relevant work» in accordance with the agreement reached between the two nations on issues concerning the border.
28.10 / 12:31
markets
UPS
Digital
security
Apple
Research
Features
Apple will pay you $1 million if you can hack into their systems
Apple has opened up its private cloud compute to researchers, offering up to $1 million to anyone who finds a hole in the secure cloud platform that supports its Apple Intelligence features. Put in simple, the company has expanded its bug bounty program. It will offer upto Rs 8 crore to anyone who can hack its new fleet of AI-focused servers meant for Apple Intelligence. According to a report in Zdnet, Apple recently unveiled a challenge to test the security of the servers that will play a major role in its Apple intelligence services. ALSO READ: Digital condom: German company launches Camdom app. Know how it works
28.10 / 12:31
markets
UPS
Citi
Provident
Digital
Experts
PAM
Guide to smart investments on Dhanteras with today's gold price in Chennai
If one is a resident of Chennai then staying updated on the gold price today in Chennai is necessary. Gold has always been a valuable asset, offering both emotional and financial security, which makes it an attractive investment option, especially during festive seasons. Moreover, life is full of surprises, and emergencies often come unannounced. In such situations, urgent funds may be needed to cover unexpected expenses. A gold loan is one of the best funding options to meet these sudden needs. By leveraging one’s gold assets, individuals can access quick funds without selling their jewellery.
28.10 / 10:35
markets
Digital
economy
Trade
country
shock
International
De-dollarization debate: Multilateralism can solve the world’s financial needs
Subscribe to enjoy similar stories. Although the US dollar remains the world’s dominant currency, many countries are diversifying their currency reserves to reduce over-reliance on it, mitigate risks associated with changes in US monetary policy and lessen the impact of global economic shocks. Reduced reliance on the dollar in financial transactions is clear in the decline of dollar-denominated deposits and loans, and the dollar’s share in global foreign exchange reserves.
28.10 / 10:05
markets
Provident
Digital
Google
country
2020
Schools
Congress seeks all-party meet to get clarity on whether census would include enumeration of castes
Congress on Monday sought an all-party meeting to get clarity on whether the next census would include a detailed enumeration of all castes and whether the census will be used for determining the strength of each state in the Lok Sabha. Congress general secretary in-charge communications Jairam Ramesh said the extension of the tenure of the Registrar General and Census Commissioner has been notified and it means that the long-delayed Census that was due in 2021 will finally be conducted soon. «But there is still absolutely no clarity on two crucial issues. Will this new Census include a detailed enumeration of ALL castes in the country, in addition to that of scheduled castes and scheduled tribes that has been done in every Census since 1951? According to the Constitution of India, such a Caste Census is the sole responsibility of the Union Government,» Ramesh said in a post on X. «Will this Census be used for determining the strength of each state in the Lok Sabha as provided for in Article 82 of the Constitution of India (which says that the first Census taken after the year 2026 and the publication of its results will the basis of any such reconstitution)? Will this work to the disadvantage of states that have been pioneers in family planning?» the Congress leader said.
28.10 / 10:05
markets
Digital
economy
Food
Trade
consequences
Schools
Geopolitical conflicts' spillover on India could cause negative wealth effects, Eco Survey says
Economic Survey by the Ministry of Finance. However, global geopolitical tensions, particularly escalating conflicts and growing geo-economic fragmentation, could pose significant risks to this outlook, the FinMin said on Monday. The potential for disruptions in global trade and finance stemming from unpredictable trade policies of major economies may affect India’s external sector, despite its current stability. «Risks stem from global factors such as geopolitical conflicts, rising geo-economic fragmentation, uncertainties about the trade policies of major economies and consequent financial market reactions,» said the report, adding, «Their spillover effects on India could cause negative wealth effects, impacting household sentiments and altering spending intentions on durable goods.»
28.10 / 10:05
markets
Digital
Manufacturing
Research
Trade
country
Schools
Transformer steel shortage could impact India's energy ambitions: GTRI
power sector expansion plans, think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said that India's power sector is facing a 30 per cent shortage of CRGO steel, essential for electric motors and transformers. With domestic production meeting only about 10-12 per cent of demand, India relies heavily on imports, it added. It said the immediate cause of the CRGO steel shortage is import uncertainty caused by the delayed license renewals by the Bureau of Indian Standards (BIS) for many foreign suppliers from Japan, South Korea and China.
28.10 / 10:05
UPS
Digital
Food
Experts
Freedom
stars
Features
Amazon Great Indian Freedom Festival 2024: Up to 55% OFF on Refrigerators
up to 55% OFF on refrigerators from popular brands Haier, Samsung, LG, Godrej and more. You can also find your next refrigerator with the help of the features you want in your future refrigerator at discounted prices. You can further club these discounts with an exchange discount of up to Rs. 16,000 to get the best deal possible. Also, make your payment with the selected banks mentioned on the website to get an additional 10% discount on your payment. Hurry, because the sale ends tomorrow and you must buy your refrigerator before that.
28.10 / 10:05
markets
Citi
Digital
show
Schools
International
Destinations
Indian retail space leasing to continue momentum, likely to top 6.5-7 million sq ft in 2024
top seven cities underscoring the sustained appeal of prime locations to retailers led by rising consumption and is expected to continue the momentum until the end of this calendar year. Gross leasing of retail spaces across these cities, including Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, Pune, and Hyderabad is projected to exceed 6.5 — 7 million sq ft by the end of 2024 after topping 5.3 million sq ft in the first three quarters ending September, showed a JLL India study. “Despite limited new retail space additions of slightly over 1 million sq. ft, the top seven cities’ robust gross leasing activity indicates retailers' strong appetite for prime retail locations. Fashion and apparel remained the top category with a 37% share, followed by food & beverage and entertainment at 18% and 12% respectively,” said Samantak Das, Chief Economist and Head of Research & REIS, India, JLL.
28.10 / 09:49
UPS
Digital
Avid
Cycling
track
Features
Amazon Diwali Sale: This festive season, lose weight and gain savings of up to 80% on the best fitness equipment
Amazon Great Indian Festival Sale: Save up to 81% on cycles, treadmills, and walking padsUpgrade your fitness routine with the best treadmills available during the Amazon Great Indian Festival! This sale offers impressive deals on top-quality treadmills designed for all fitness levels, from casual walkers to avid runners. With features like multiple speed settings, incline options, and digital monitors for tracking progress, these treadmills make it easy to customise your workout.
28.10 / 09:47
markets
Digital
economy
Food
Experts
reports
Headlines
Why inflation rate may not be the most 'accurate gauge' of the economy?
Economic Survey for September and said that inflation expectations in India are softening, indicating reduced inflationary concerns. The report said that both household and business surveys by the Reserve Bank of India (RBI) and the Indian Institute of Management, Ahmedabad (IIM-A) suggest a stable demand environment, despite the impact of price fluctuations in key food items on headline inflation. «The headline inflation rate, influenced as it is by a few food items, may not be the most accurate gauge of underlying demand,» the government said.
28.10 / 09:47
markets
Digital
Align
Research
Experts
Diversity
innovations
Mid-career roles are emerging in banking and financial services
Dhriti Prasanna Mahanta, VP and Business Head, TeamLease Degree Apprenticeship, says these changes have led to increased demand for specialised roles. Mid-senior level hiring now includes positions like credit analysts, investment bankers and financial analysts who focus on risk evaluation, capital management and financial planning. Asset managers oversee investment portfolios, while product managers develop innovative financial products. In fintech, roles such as cybersecurity managers, data scientists, research analysts, software developers, machine learning experts and database architects have become crucial, leveraging advanced analytics and technology to drive business growth and enhance customer experiences. Aatash Shah, SVP and Head-Business, Manipal Academy of BFSI, says with 80% of transactions happening through digital platforms, operations roles are transitioning to digital-first, and recruitment now focuses on customer engagement via digital channels. This reflects the broader industry trend of moving towards digitally savvy roles over traditional operational positions.
28.10 / 09:11
markets
Ethereum
Digital
Experts
Shiba Inu
PAM
stars
Shiba Inu rival priced below $0.002 might pump following successful meme coin presale
New cryptos like Popcat, Neiro, and Crypto All-Stars might potentially threaten the dominance of Shiba Inu. One of the biggest meme-coin gainers of this altcoin season is Popcat. The Solana meme coin has recorded a 50% jump over the last few weeks, exploding to over $1 billion market cap. It now ranks eighth on the top memecoin list. First Neiro On Ethereum (NEIRO) is another meme coin in the spotlight now. NEIRO began its journey in August. In less than two months, the mem ecoin has amassed a $500 million market cap. <div data-placement=«Mid Article Thumb
28.10 / 09:11
markets
UPS
Digital
Progressive
Align
students
Colleges
How to not get overwhelmed by your international college applications
The Current Challenges with Gen Z, Parents, and Their Attitudes – What's Being Missed? In this ever-evolving landscape, it’s important to ask: Are we really facing something new, or have previous generations also wrestled with similar challenges? While older generations may not have pursued higher education in the same numbers, today’s students and their parents seem to be navigating a far more complex world. For many families, tutoring has become a status symbol, not just a necessity. It’s no longer just about getting into a good college—it’s about winning a relentless academic rat race. But the real question remains: Does spending enormous amounts of money on education guarantee success? Can you truly buy your way to achievement?
28.10 / 09:11
markets
Digital
Enterprise
wellness
Experts
PAM
reports
PMAY, Centre's focus on infrastructure development poised to drive growth for cement sector: Ambuja Cements
Ambuja Cements said in a press release on Monday. «Strong infrastructure demand and ongoing needs from the housing and commercial sectors are anticipated to boost cement demand in H2 FY 2025,» Ambuja Cements' press release said, which was posted with the company's Q2FY25 earnings. The rollout of the Pradhan Mantri Awas Yojana (PMAY) Urban Housing 2.0, which includes an allocation of ₹11 lakh crore is expected to benefit the sector as well, the cement producer said.
28.10 / 09:11
markets
Digital
Aviat
Manufacturing
Dreams
Boeing
reports
Tata-Airbus plant: India's dream of making a civil aircraft taking off?
Narendra Modi made a significant observation. «All of you have witnessed unprecedented growth and transformation in India's aviation sector in the last decade,» he said. «We are already working to make India an aviation hub. This ecosystem will pave the way for Made-in-India civil aircraft in the future… This factory is going to play a major role in the design and manufacturing of civil aircraft to meet the future needs of India and the world.» The TATA advanced systems limited (TASL) Campus in Vadodara will manufacture C-295 defence transport aircraft, the first private sector final assembly line for military aircraft in India. Under the C-295 programme, 16 aircraft will be delivered directly by Airbus from Spain and remaining 40 will be made in India. TASL is responsible for making these 40 aircrafts in India in partnership with Airbus. Also Read: PM Modi and Spain’s Pedro Sanchez inaugurate Tata Aircraft Complex in Vadodara for C-295 manufacturing
28.10 / 08:57
Provident
Digital
Manufacturing
CEO
wellness
electronic
innovations
Cyient acquires 27.3% in US based Indian startup Azimuth AI
Cyient, on Monday announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company, for a consideration of $7.25 million. The strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an exchange filing. This is the third such M&A deal entered by Cyient this month.
28.10 / 08:57
28.10 / 08:57
markets
Provident
Digital
Compilation
Chevron
Sustainability
As crude fades, Big Oil must borrow to pay investors
crude prices and refining margins are likely forcing four of the five supermajor oil companies to borrow money to fund $15 billion in share buybacks for the most recent quarter, raising doubts over the payouts’ long-term sustainability. Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc are expected to post a 12% dip in earnings from last quarter to a combined $24.4 billion when they report results this week, according to the average of analysts’ estimates compiled by Bloomberg. That will leave them all — except Shell — unable to cover their dividends and buybacks with free cash flow, which is expected to be 30% lower than a year ago.
28.10 / 08:57
markets
Target
BLOCK
Digital
War
peace
Zelenskyy sees Modi as key player in ending Ukraine war: 'Huge value of India'
Zelenskyy has expressed high hopes for Prime Minister Narendra Modi's potential role in ending the Ukraine war. In an exclusive interview with The Times of India, Zelenskyy stated, “PM Modi can influence the end of the Ukraine war. This is the huge value of him in any conflict.
28.10 / 08:57
markets
Target
Digital
President
Experts
Iran says it will 'use all available tools' to respond to Israel's attack
Israel's weekend attack on military targets in Iran, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said on Monday. Iran previously played down Israel's air attack on Saturday, saying it caused only limited damage, while U.S. President Joe Biden called for a halt to escalation that has raised fears of an all-out conflagration in the Middle East. Speaking at a weekly televised news conference, Baghaei said: "(Iran) will use all available tools to deliver a definite and effective response to the Zionist regime (Israel)".
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