Digital Financial News

Congress president Mallikarjun Kharge on Monday claimed that the BJP is the «biggest enemy» of Maharashtra's farmers and asserted that the state has decided that farmers will benefit only by removing the double engine government from power. In a post in Hindi on X, Kharge slammed the BJP over farmer suicides in Maharashtra and said the promise of making the state drought-free is a «jumla» (rhetoric). «BJP is the biggest enemy of Maharashtra's farmers. 20,000 farmers committed suicide. Huge cut in funding in farming. Promise of Rs 20,000 crore water grid turned out to be false. Promise of making Maharashtra drought-free is a 'Jumla',» he said. Kharge also attacked the BJP over its «refusal to give compensation to the farmers» while insurance companies are being showered with Rs 8000 crore.

National Payments Corporation of India (NPCI), UPI is an instant real-time payment system for facilitating inter-bank transactions through mobile phones. Muizzu on Sunday set up a consortium to introduce UPI in the country and appointed TradeNet Maldives Corporation Limited as its leading agency, according to a press release by the President's Office. The president also suggested the participation of the country's banks, telecom companies, state-owned companies and fintech companies in the consortium.

Cyprus says it has successfully thwarted a digital attack aimed at blocking access to the government’s central online portal

Hezbollah’s deputy secretary general, Naim Qassem, has reportedly fled crisis-stricken Lebanon and is now residing in Tehran, according to local media sources. The move, reportedly ordered by Iranian leaders, is seen as a precautionary measure amidst rising concerns for Qassem’s safety, as he is believed to be a potential target of an Israeli assassination.

Ekta Kapoor and her mother Shobha Kapoor have landed in legal trouble. A case has been filed against them under the POCSO Act for allegedly showing inappropriate scenes involving minor girls in an episode of the ALT Balaji's web series 'Gandi Baat'. The case is related to season 6 of the web series 'Gandi Baat' on the OTT platform 'Alt Balaji'. According to Mumbai Police, a case has been registered against Balaji Telefilm Limited, Ekta Kapoor and her mother Shobha Kapoor at MHB police station in Mumbai under section 295-A of IPC, IT Act and sections 13 and 15 of POCSO Act.

mutual funds have turned Rs 10,000 monthly SIP to more than Rs 2 crore in the last 25 years. Only these three value and contra funds have completed 25 years in the market. SBI Contra Fund, the oldest and the largest contra fund, turned Rs 10,000 monthly SIP to Rs 7.15 crore in the last 25 years. The scheme gave an XIRR of 20.83% in the same period.

hybrid funds. Because of the uncertainties regarding the global economy and ever rising Indian stock market, advisors have been advising investors to move cautiously. In such a scenario they believe that investing in hybrid mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. Also Read |Jio Financial, Tata Power among top 10 largecaps bought by mutual funds in September

WiseTech Global said on Monday it was reviewing a «full range of matters» concerning its billionaire CEO after media reports made allegations about his personal life including payments to a past sexual partner. The Australian Financial Review and other media outlets reported that a woman who had a sexual relationship with the billionaire chief made a raft of claims against Richard White in late 2020, including allegations that he had engaged in inappropriate behaviour. White, WiseTech's billionaire founder and major shareholder, could not immediately be reached for a comment while WiseTech did not immediately respond.

Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, the Wall Street Journal reported on Sunday. Perplexity has told investors it is looking to raise around $500 million in the new funding round, the Journal reported citing people familiar with the matter. The Nvidia-backed artificial intelligence (AI) company's estimated annualized revenue based on recent sales is currently about $50 million, the report added.

Nirmala Sitharaman, arrived in the United States and received a warm welcome at Newark Liberty International Airport on Sunday (local time). India's Ambassador to the United States, Vinay Mohan Kwatra, and Consul General of India in New York, Binaya Srikanta Pradhan, welcomed Sitharaman, following her arrival from Mexico City. «Union Minister of Finance and Corporate Affairs Smt. @nsitharaman is welcomed at the Newark Liberty International Airport by India's Ambassador to USA, Shri @AmbVMKwatra along with Consul General of India in New York, Shri @binaysrikant76, after her arrival from Mexico City, today,» the Ministry of Finance stated in a post on X.

Isha Ambani was recognized with the prestigious Icon of the Year award at the Harper’s Bazaar Women of the Year Awards 2024, held in Mumbai. The event, which celebrated her contributions to the entrepreneurial world, also highlighted her distinctive sense of style as she made a memorable appearance on the red carpet.

Eutelsat, the world's third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk's SpaceX in its first move since the merger of two European companies last year. A SpaceX Falcon 9 rocket took off with Eutelsat satellites from California's Vandenberg Space Force Base at 0513 GMT. «This is the first OneWeb launch of the satellites since the merger,» CEO Eva Berneke told Reuters in an interview. «We will be launching more satellites over the coming years.»

Tokyo: Naomi Osaka's season appears to be over after she said she will not play at next month's Billie Jean King Cup finals because of injury. The four-time Grand Slam singles champion said in Tokyo on Sunday that she had ruptured abdominal muscles. «I thought I strained my back, but I did an MRI in Beijing and they said that I bulged a disc in my back and I also ruptured abdominal muscles,» Japan's Kyodo News agency reported the 27-year-old as saying.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Donald Trump's references to her father's genitalia “a poor choice of approaches" to honoring his memory, adding that she wasn't upset by the remarks, as per AP report. “There’s nothing much to say. I’m not really upset,” Peg Palmer Wears, 68, told The Associated Press in an interview on Sunday. «I think it was a poor choice of approaches to remembering my father, but what are you going to do?” On Saturday in Latrobe, Pennsylvania — the city where Palmer was born in 1929 and learned to golf from his father — Trump kicked off his rally in the campaign's closing weeks with a detailed, 12-minute story about Palmer that included an anecdote about what Palmer looked like in the showers, AP reported.

standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous peoples and has temporarily paused some new trade pacts. Officials said a review of India’s trade pact with the UAE in two years after it came into force and a rise in sustainability measures being imposed by the US and the EU, have led the government to develop a new FTA strategy. These guidelines will be based on reciprocity and stronger rules of origin to prevent Chinese products entering India by misusing any of the trade pacts. “The SOPs are almost ready and we will go to Cabinet for its approval,” said an official. The SOPs assume significance as India is negotiating trade pacts with the UK, the EU, Peru, Oman, Chile and a comprehensive trade deal with Australia.

US election 2024 in November, ask the people of Clallam County. The 78,000 folks who live in this strip of mountains, forests and rain-dashed coast in the far northwest of the continental United States haven't been wrong about their presidential pick in almost half a century. as per an AFP report. «Our county is a bellwether county,» explained Rod Fleck, city planner in Forks, a small city in Washington state built on a once-enormous timber industry. «We are the last county that how it votes in November has been an indicator of how the presidential election turns out,» Fleck was quoted as saying by AFP.

Taylor Swift reignites her Eras Tour in Miami, fans were quick to notice the absence of Kansas City Chiefs star Travis Kelce, who has been frequently linked to the pop sensation in recent weeks. Despite speculation, Kelce was notably not present at the Miami concert on October 20, leaving many to wonder about his whereabouts. Meanwhile, his mother, Donna Kelce, made an appearance at the previous night’s show, adding to the intrigue surrounding the athlete's absence.

flue gas desulphurisation (FGD) units at public sector coal-based power plants as a recent study found that sulphur dioxide emissions from Indian coal-based power plants were not adversely impacting ambient air quality. Niti Aayog, the government's premier think-tank, has held stakeholder consultations in this regard and is likely to recommend this in its final report by month end, officials said. The Aayog had made such a suggestion in a draft report, after which intensive consultations were carried out before firming up the view, they said.

Ganderbal district on Sunday, officials said. The terrorists opened fire on a camp housing labourers of a private company working on the construction of a tunnel in the Gund area of the district, they said. Two labourers died on the spot while two others sustained injuries, the officials said, adding that further details are awaited.

lathicharge by police on members of Hindu organisations protesting against the desecration of a temple idol here, Union Minister G Kishan Reddy on Sunday accused Chief Minister A Revanth Reddy of an "anti-Hindu attitude". Addressing a press conference, he said some youth were holding a protest peacefully on Saturday against the idol desecration at Muthyalamma temple in Secunderabad. The police «brutally» beat them up, which was not seen in Hyderabad in recent times, he alleged. Even during the Telangana statehood movement, the police did not behave in that way, Kishan Reddy, who is also Telangana BJP president, said. «Why did the chief minister order lathicharge against them yesterday? This is totally anti-Hindu way. This is nothing but pacifying the other sections. Several people were injured. Are they terrorists?,» Kishan Reddy asked.