Digital Financial News

Nielsen, a global leader in audience measurement, data, and analytics had leased 2.86 lakh sqft across Goregaon in Mumbai and Whitefield in Bengaluru, to expand its presence as part of the company’s broader strategy to strengthen presence in the region, driving business growth and enhancing operations. The new offices has seating capacity for 1,500 employees each. The Mumbai office, leased from Oberoi Realty Limited, spans 1.5 lakh sq. ft., while the Bengaluru office, leased from Chalet Hotels Limited, covers 1.36 lakh sq. ft. Nielsen plans to open more offices across India, including in locations like Gurgaon and Hyderabad.

Subscribe to enjoy similar stories. IndusInd Bank’s stock closed nearly 4% lower on March 7, 2025, marking its fourth consecutive session of decline. The sharp fall came in the wake of two major developments—the Reserve Bank of India (RBI) approving Sumant Kathpalia’s reappointment as CEO for just one more year instead of the three-year tenure sought by the bank, and reports that Nippon Life Insurance Co.’s India unit, Reliance Nippon Life Insurance, is considering acquiring a minority stake in the lender.

This will make Ajit Pawar the Finance Minister to present the highest number of budgets (11) after Sheshrao Wankhede, who presented the budget 13 times. Ajit Pawar will hold the second-highest record with 11 times, followed by Jayant Patil (10 times) and Sushilkumar Shinde (9 times), the press release further mentioned. Notably, this will be the first budget for the newly-formed Mahayuti government and Pawar's 11th Budget as Finance Minister.

Infosys co-founder Nandan Nilekani has criticised the trend of developing increasingly complex artificial intelligence (AI) models, arguing that this does not necessarily lead to better results. Speaking at the People+AI Mela in Bengaluru, he expressed concern over how many AI models remain closed systems, hidden from public scrutiny. “They keep doing more of that, but it is not that it is going to get any better. They are all typically kept within the four walls of a company. It is like a black box for the rest of us,” Nilekani said, as reported by The Economic Times. This lack of transparency, he warned, is limiting innovation and preventing broader contributions to AI development.

Nirmala Sitharaman, said Romal Shetty, CEO of Deloitte South Asia. «Our domestic consumption-driven economy, which makes up 62% of our GDP, shields us from external fluctuations. And our favourable geopolitical alignment opens doors where others see barriers,» Shetty said at the ET Awards for Corporate Excellence in Mumbai on Saturday.

National Center for Seismology (NCS) said. As per the NCS, the earthquake occurred at a depth of 10km, making it susceptible to aftershocks. In a post on X, the NCS said, «EQ of M: 4.0, On: 10/03/2025 07:01:10 IST, Lat: 36.97 N, Long: 73.14 E, Depth: 10 Km, Location: Hindu Kush Region, Afghanistan.» Shallow earthquakes like this one are more dangerous than deeper ones due to their greater energy release closer to the Earth's surface, causing stronger ground shaking and increased damage to structures and casualties, compared to deeper earthquakes, which lose energy as they travel to the surface.

Stylised as a free-spirited character with a bohemian vibe, 'Ruh' is the female avatar of a pop star or an 'A-Pop' star, as their makers would like to describe the genre. A-Pop refers to a harmonious mix of Artificial Intelligence (AI) with human interventions to create music. It could mean lyrics penned by a human being sung by an AI-driven 'singer', visually an amalgamation of real and AI-generated imageries.

The tariffs, effective from March 20, include a 100% levy on more than $1 billion worth of Canadian rapeseed oil, oil cakes and peas, as well as a 25% duty on $1.6 billion worth of Canadian aquatic products and pork. The levies, which mirror the 100% and 25% tariffs Canada imposed on Chinese-made electric vehicles and steel last year, triggered a rally on the Zhengzhou commodity exchange.

Taiwan's Ministry of National Defence (MND) reported 11 sorties of People's Liberation Army (PLA) aircraft and nine People's Liberation Army Navy (PLAN) vessels until 6 am (local time) on Monday. According to the MND, nine out of 11 sorties crossed the median line and entered Taiwan's northern and southwestern ADIZ. In a post on X, Taiwan's MND stated, «11 sorties of PLA aircraft and 9 PLAN vessels operating around Taiwan were detected up until 6 a.m. (UTC+8) today. 9 out of 11 sorties crossed the median line and entered Taiwan's northern and southwestern ADIZ. We have monitored the situation and responded accordingly.»

Subscribe to enjoy similar stories. If any other owner of a cryptocurrency platform had announced a national reserve of cryptocurrencies, howls of protest over conflict of interest would have rent the air. When President Donald Trump declared that the US would create a Bitcoin reserve and a separate crypto stockpile, his fan base took it as a move to fulfil a campaign promise.

Subscribe to enjoy similar stories. Earnings downgrades of India Inc. continue amid slowing economic growth domestically and global trade uncertainty, but UTI AMC's chief investment officer sees an improvement for Nifty 50 earnings in the next fiscal year from the mid-single digit consensus forecast for FY25.

State Bank of India, ICICI Bank and Axis Bank are facing challenges in servicing about 38,000 ATMs, many of which are running out of cash, people in the know said. SBI is the most affected, with nearly 14,000 ATMs becoming unserviceable, people in the know said. While 7,000-8,000 of those are managed by AGS Transact, there remaining are where the company provides cash replenishment services. ICICI Bank, one of the earliest banks to start withdrawing its ATMs from the AGS Transact network after facing service issues, is close to taking control of its ATMs. The private sector bank has moved out a majority of its ATMs to other ATM service providers like CMS Infosystems and Hitachi India. People aware of the issue said the lender had raised poor service issues with the AGS Transact board in December itself.

Waqf Amendment Bill passed, and the Opposition looking to raise the issue of US planning to impose reciprocal tariffs on India, and the political slugfest over language and the delimitation issues. The Finance Bill and Demands for Grants are the crucial items on the legislative agenda — approval for both is mandatory for completing the budgetary process. The discussion on the demand for grants for several ministries would be held in both houses of Parliament. President's Rule in Manipur

Odisha government on Sunday issued an advisory to all collectors given the India Meteorological Department's (IMD) forecast on the rise in the daytime temperature. In a weather bulletin, the IMD said that the daytime temperature would rise by 3 to 5 degrees Celsius during the next four to five days in the state. The maximum temperature is expected to increase to about 40 degrees C and above over isolated places of Sundergarh, Jharsuguda, Sambalpur, Sonepur, Boudh and Bolangir districts during the next five days, it said. Given this forecast, the office of the Special Relief Commissioner (SRC), Odisha, advised the collectors to circulate the hot weather warning message among the public.

Nana Patekar and Gadar 2 director Anil Sharma’s son, Utkarsh Sharma, is making its digital debut nearly three months after its big-screen run. Fans who missed the film in theatres can now stream it from the comfort of their homes.

Amit Shah on Sunday laid the foundation stone of the Rs 316.82 crore 'Para High Performance Centre' in Gandhinagar virtually and reiterated India's resolve to host the 2036 Olympics. He said 10 big stadiums are going to be built at the Sardar Patel Sports Complex, located next to the Narendra Modi Cricket Stadium, he said. «India has resolved to hold the 2036 Olympic Games in these 10 complexes. Gujarat has already started preparations for this event,» Shah said. The Para High Performance Centre will play an important role in providing world-class training to Gujarat's para athletes through excellent infrastructure for state-level, national-level and international competitions, Shah said.

«The aircraft is grounded and will be back in operations post necessary repairs and clearance,» the statement said. «At IndiGo, the safety of our customers, crew, and aircraft is our top priority. We operate with the highest standards of safety. We regret any inconvenience caused to our customers due to subsequent cancellations due to this grounding,» the statement added.

Speaking to CNN, Adam Boehler — a Jewish American — acknowledged it had been «odd» sitting face-to-face with leaders of a group that the United States has listed as a «terrorist» organization since 1997. The talks took place in recent weeks. Boehler said he understood Israel's «consternation» that the US had held talks at all with the group, but said he had been seeking to jump-start the «fragile» negotiations.

«If the third child is a boy, we will give a cow and a calf. Will make a fixed deposit of Rs 50,000 if the third child is a baby girl. The Indian population has to rise,» Appala Naidu told PTI on Sunday. The parliamentarian said he was inspired by the calls given by Chief Minister N Chandrababu Naidu and Prime Minister Narendra Modi to raise India's population.

Nagarkurnool civil hospital for post mortem and to follow other procedures, a senior official told PTI. The body could be extricated following «very careful» digging and other efforts for more than 48 hours, he said. It was buried under silt at a depth of about 10 feet. Efforts were on to ascertain the identity of the deceased, a police official said.

Growth capital firm Playbook Partners intends to invest $20 million (around Rs 175 crore) each in about 12-15 companies over the next two years, a top company official said. The firm's investment portfolio includes companies like Myntra, PolicyBazaar, InMobi, Nazara Technologies, Rapido, and Renee, among others. While primarily investing in India, it has also backed global companies like SpaceX and Stripe. «With planned investments up to $20 million each in 12-15 companies, we are targeting high-potential ventures across SaaS, E-commerce, Healthtech, ClimateTech, B2B & B2C,» Playbook Partners Founder and Managing Partner Vikas Choudhury said. «Our focus is on companies that have crossed Rs 100 crores in turnover, where our capital and expertise can accelerate their journey to the next level of growth,» Choudhury told PTI.