Digital Financial News
16.10 / 20:51
markets
Digital
Racing
Strategy
Election
Experts
PAM
Bad news for Trump as Independent voters may move away from Republicans to Democrats in 9% swing
US elections to begin, Donald Trump has landed into a serious problem, as a new poll has suggested that the independents are slowly swaying away from the Republicans and opting for Kamala Harris instead. This is now a serious issue as a nearabout 9% swing has been observed in this incredibly tight poll race between Donald Trump and Kamala Harris. Gallup, which is the polling firm responsible for this latest survey data, has tracked that nearly 49% of the Independents are going for Kamala Harris, while only 45% of the Independents would choose Donald Trump.
16.10 / 20:51
markets
Digital
show
rapper
stars
reports
This is the real reason Ashton Kutcher stopped partying with Sean Diddy Combs
Ashton Kutcher and P Diddy frequently went out to clubs together in the 2000s, but one day the That 70s Show star decided to end their behaviour. P Diddy gave an explanation for his decision to no longer hang out with Ashton Kutcher. In the 2000s, Sean Combs and Kutcher reportedly grew close and started going out to clubs together until around 2003.
16.10 / 20:51
markets
Digital
Action
Food
Department
prevention
guidelines
Uttarakhand govt issues guidelines to stop 'spit jihad', upto Rs 1 lakh fine for offence
Uttarakhand government Wednesday issued detailed guidelines for preventing instances of people spitting in food, announcing a fine of upto Rs 1 lakh, mandating police verification of hotel and 'dhaba' staff and installation of CCTV cameras in their kitchens. The state police and the health department issued separate guidelines days after Chief Minister Pushkar Singh Dhami termed such incidents «thook (spit) jihad», and said stern action will be taken against the offenders. Two men were recently arrested in Mussoorrie for allegedly spitting into fruit juice glasses before serving them to tourists. A video from Dehradun had also gone viral in which a cook could be seen allegedly spitting while making dough for rotis. Health Minister Dhan Singh Rawat said safety and purity of food is top priority of his government during the upcoming festival season. Any kind of impurity or anti-social activities will not be tolerated during the festivals, Rawat said.
16.10 / 20:51
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Digital
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actress
Wicked poster controversy: Why is Cynthia Erivo angry?
Cynthia Erivo has criticized the poster of Wicked, as the poster has been edited to hide. Actually, the fans have edited the official poster of Wicked to hide the face of Cynthia Erivo, and she has found this thing very offensive.
16.10 / 20:51
markets
BLOCK
Digital
Fox
Election
Celebrity
reports
Kamala Harris gets major boost in US election 2024 against Donald Trump. Details here
Kamala Harris and her campaign is actually celebrating a latest ruling by a Georgia judge who has temporarily blocked a very new rule which required election officials to hand count ballots following machine tabulation of votes, reported Fox News. Actually, the rule was all set to take effect on and from October 22 and made a mandate that there will be three county election officials who will manually count ballots at each polling place which eventually raised concerns about potential delays and voter uncertainties, as per a report. According to Fox News, a joint statement was issued on behalf of Georgia Democratic Party Chair Rep. Nikema Williams, DNC acting Co-Executive Director Monica Guardiola and Harris- Walz Deputy Campaign Manager Quentin Fulks criticizing the rule claiming it as an attempt to undermine confidence in the electoral process. Also Read: Wicked poster controversy: Why is Cynthia Erivo angry?
16.10 / 19:23
markets
UPS
Digital
security
Strategy
PAM
Senior living co primus mops up $20 million in seed fund
Bengaluru: Primus Senior Living has secured $20 million in seed funds from investors led by General Catalyst, said Adarsh Narahari, its founder and managing director. The funding round also saw participation from Nikhil Kamath and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pai. «At Primus, we envision a future where ageing is not seen as a burden but as a cherished phase of life. Our goal is to create a vibrant, inclusive ecosystem where seniors are not only cared for but celebrated-surrounded by love, connection, and purpose,» said Narahari.
16.10 / 19:23
markets
Provident
Digital
Strategy
Align
Sustainability
social
ADIA-backed Lake Shore gets over ₹1.2k-cr green loan for Thane Mall
Abu Dhabi Investment Authority (ADIA)-backed institutional investor Lake Shore has raised over ₹1,200 crore from HSBC Commercial Banking through a sustainability-linked loan for its retail property Viviana Mall in Thane, said persons with direct knowledge of the development. This is the first such fundraising linked to sustainability efforts undertaken for any retail property in the country and among the maiden real estate financing loans availed by any institutional investor in India. The integrated institutional investor has raised the funds through Lake Shore Group entity Salsette Developers that owns the retail property in Thane. HSBC Commercial Banking has provided the loan that was used to refinance the existing lenders and provide liquidity to the company.
16.10 / 19:23
markets
Provident
Digital
economy
Election
Highways
community
Manipur CM highlights economic revival with increased GST collections
Manipur chief minister N Biren Singh claimed that economy of the state is reviving. He said GST collection has shown an 18% growth in the period of May to September in 2024 compared to similar period in 2023. Biren in a series of post in X, «Sharing some key achievements that prove progress is possible, even through the challenges Manipur has faced over the past one and half year. The State Government has been making various efforts towards economic recovery following the unrest that started on 3 May 2023. Following these efforts our State’s economy has shown recovery. The State’s Own Resources (including State GST) has shown an 18% growth in the period of May to September in 2024 compared to similar period in 2023». He added, «We have also made various efforts to expedite delayed projects. We are resolving various land related matters for National Highway and Railway projects. Solutions have been found for the land related matters for Railways and about 50% of pending land has been made available in the last one year for National Highway Projects.In the last year we have also started some major projects. The Lamphelpat Water body Rejuvenation Project with a cost of Rs. 650 crore is under implementation. This project will enable us to prevent floods in greater Imphal area and also provide an open space for citizens as well as an alternate drinking water source».
16.10 / 19:23
markets
UPS
Waves
Digital
Strategy
Mobile
Traffic
India business expected to see steady growth for next 3 yrs: Ericsson’s Vicente
India is expected to see steady revenue growth for the next three years, after recent quarterly declines following extraordinary growth in 2023 driven by 5G roll outs, aaid Andres Vicente, Senior Vice President, Market Area South East Asia, Oceania & India, Ericsson. Speaking to ET’s Subhrojit Mallick and Romit Guha, Vicente also backed the view of Indian telcos of a level playing field with satcom companies. Edited excerpts: Opportunities in India… Now that the (5G) infrastructure has been built, we need the adoption of this new infrastructure.
16.10 / 19:23
markets
Digital
Strategy
Trade
President
Experts
International
India’s Leap forward: Experts and thought leaders debate nation's trajectory to 2047
The discussion was moderated by Pradeep S Mehta, founder of CUTS International, who began the session by asking speakers to emphasise on the procedural aspects of policymaking instead of trying to find short-term solutions to complicated political problems. Speaking on the uncertainties of scenarios, he said, “There is a need to look at dynamic variables in scenario building. We will have to focus on the headwinds and tailwinds of the entire process.” The conference delved into various aspects of India's future, with technology emerging as a central theme across all scenarios. Kiran Karnik, former president of NASSCOM, said, “Technology has immense potential to promote decentralisation. Civil society organisations will remain important stakeholders and need to be empowered to conduct independent evaluations.”
16.10 / 19:23
markets
Provident
Digital
Strategy
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PAM
Department
After Voda Idea's call, bank guarantee waiver in works
Department of Telecommunications (DoT) has prepared a draft cabinet note seeking to waive the requirement of providing bank guarantees (BGs) for securitisation of deferred spectrum instalments, subject to some conditions, officials said. The move follows a request by Vodafone Idea (Vi) for such a waiver, they said. “The BG waiver for next instalment, however, can only be considered if the telco agrees to pay an additional three months’ amount along with the annual payment,” said one of the officials, who did not wish to be identified. If the draft gets cabinet nod, there won’t be any requirement for BGs. But the telcos will have to pay instalments for 15 months annually, with instalments for three more months acting as a security for next year’s payments. Therefore, while Vi has been calling for waiver of the BG requirement, the DoT proposal, if cleared by the cabinet, may see a higher annual outgo for the telco, which has been desperately trying to emerge from a cash crisis, said experts.
16.10 / 19:23
markets
Digital
Platform
Strategy
Experts
PAM
country
Trai chief pitches for structured regulation of OTTs
«Over-the-top (OTT) communication services have benefited consumers and businesses, but certain regulatory issues have been raised by law enforcement agencies and traditional communications providers, and [so they] should be subject to structured regulations,» Telecom Regulatory Authority of India (Trai) chairman Anil Kumar Lahoti said Wednesday. Speaking on day two of the India Mobile Congress (IMC) 2024 here, he added that regulators globally need to maintain a balance between fostering innovation and ensuring a fair and competitive market, given the cross-border nature of OTT services.
16.10 / 19:23
markets
Citi
Digital
Strategy
Experts
band
PAM
Vi set to launch 5G by March, starting with Delhi, Mumbai
Vodafone Idea (Vi), boosted by equity funding, is set to start rolling out next generation (5G) commercial services by March 2025 across 17 circles, starting with Delhi and Mumbai, and is aiming to reach at least 90% of India's population with 4G coverage by June next year, said its chief technology officer Jagbir Singh. «We are going a little slow (wih 5G), but we will be doing 5G in Delhi and Mumbai first, and of course, all metros and major cities across 17 states (circles),» he told ET. Vi, as part of a revival plan, has raised equity funding of ₹24,000 crore including ₹18,000 crore from a follow-on public offer. The telecom operator has said that the bulk of the funds will be used to beef up 4G coverage and roll out 5G as it strives to become more competitive against rivals Reliance Jio and Bharti Airtel and stop the decline in the number of subscribers.
16.10 / 18:15
16.10 / 17:03
markets
UPS
Digital
electronic
information
International
India recognised as source of cost-effective digital applications in Global South: IT Secy
digital applications which would be cheaper and more effective that can be shared with the Global South, a top IT ministry official said on Wednesday. Today, in many international fora, India has been recognised as a digital power, S Krishnan, secretary at the Ministry of Electronics and Information Technology (MeitY), said at a virtual address to the Nasscom Future Forge 2024 event held in Bengaluru. Apart from policy support and enabling requirements that big enterprises would have, there could be some ease of doing business issues for technology companies that require attention from time to time, and which are brought to MeitY's notice, he said.
16.10 / 16:51
markets
Target
Digital
Remark
community
information
gatherings
Justin Trudeau accuses India of 'clear violations' of Canadian sovereignty
Justin Trudeau alleged on Wednesday that there were «clear indications» that India violated Canada's sovereignty. His remarks were made during an inquiry into alleged foreign interference, which highlighted what he described as illegal activities by representatives of the Indian government against Canadian citizens. «We had clear and certainly now ever clearer indications that India had violated Canada's sovereignty,» Trudeau stated, drawing attention to a recent Canadian police investigation that implicated Indian diplomats in a «campaign of violence.»
16.10 / 16:51
markets
Digital
Fox
Election
President
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Interviews
Harris steps into lion's den with Fox interview
Donald Trump seeks to use the same network to connect with female voters wary of his record. Democratic nominee Harris will sit down with the conservative-leaning broadcaster in the battleground state of Pennsylvania, her most dramatic move yet as she carpets the airwaves to reach out to wavering Republican voters who have tired of Trump's dark rhetoric. The White House race is neck-and-neck nationally and in swing states with less than three weeks to go, and both candidates are increasingly looking for ways to gain momentum.
16.10 / 16:51
markets
Provident
Digital
Experts
PAM
reports
Investigations
One person arrested in connection with the alleged rape and murder of a young woman in Bengal’s Krishnanagar
rape and murder of a young woman, whose half-charred and semi-clad body was recovered by Nadia district police in West Bengal on Wednesday morning in Nadia’s Krishnanagar near a Durga Puja pandal. The body of the woman was reportedly found in a place which was close to the office of the Superintendent of Police’s earlier this morning. The girl went missing since Tuesday evening. As per statements provided by the family members of the victim, the girl went out on Tuesday evening. Her family started searching for her after she did not return home till late hours.
16.10 / 16:51
markets
MET
Digital
Experts
voice
reports
Kamala Harris' ally sharing resources with China Communist Party? Here's what report reveals
Kamala Harris that the ally will share resources from black businesses with the Chinese Communist Party. This revelation has raised concern regarding the extent of foreign influence in American businesses and political circles, according to a report.
16.10 / 16:51
markets
Digital
Strategy
Remark
Experts
RAI
Podcasts
“My heart breaks”: Gypsy Rose Blanchard on her mother missing out on knowing her baby girl
Gypsy-Rose Blanchard expressed sadness over her late mother Dee Dee Blanchard not getting to know her future granddaughter. In a recent episode of The Viall Files podcast, Gypsy-Rose shared her feelings about the situation. Gypsy-Rose, who was released from prison in December 2023 after serving eight years of a 10-year sentence for conspiring to murder her mother, is currently expecting a baby girl with her boyfriend Ken Urker. She explained, «I do, from time to time, think about what could have been, and it makes me sad.» Reflecting more on the past, Gypsy-Rose mentioned that Kristy, her stepmother, has played a significant role in her life. “Kristy is going to be grandma,” she stated.
16.10 / 16:51
markets
Digital
CEO
security
Experts
rights
Nikhil Kamath on the great housing debate: Why he opted to buy over rent
Nikhil Kamath, co-founder of Zerodha, gathered industry titans to discuss one of the most debated topics in personal finance: buying a home versus renting. Kamath was joined by Irfan Razack, Chairman & MD of Prestige Group, Nirupa Shankar, Executive Director at Brigade Group, and Karan Virwani, CEO of WeWork India. The discussion revealed key insights into the advantages and challenges of each option. Kamath, who has long favored renting, shed light on the uncertainty that often comes with renting. “The thing with renting, of all the advantages of renting, there is one disadvantage: you don’t have foresight as to when you can move out of the house. I had to move out of this house, whereas I might have liked to stay longer in this house,” he said. Kamath explained that the inconvenience of having to move often sways people toward buying their own homes.
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