Digital Financial News
15.10 / 15:37
markets
BLOCK
Digital
Election
students
Experts
Courts
As Biden's student debt agenda is in tatters, will it hurt Harris in the U.S elections?
Joe Biden's student debt relief agenda is taking a series of setbacks. A year-long reprieve for borrowers lapsed and a program to assist those in default ended. Adding insult to injury, a federal judge recently blocked Biden's Plan B for broader student loan forgiveness, leaving the uncertainty of millions of borrowers. While there has been some temporary relief through smaller programs like «borrower defense,» legal battles still prevent more significant changes, as per a report.
15.10 / 15:37
markets
UPS
Digital
Experts
stars
hockey
Indian defender Udita Duhan attracts highest bid in first half of HIL women's auction
Udita Duhan emerged as the costliest buy at the Hockey India League women's auction after she was acquired by Shrachi Rarh Bengal Tigers for Rs 32 lakh here on Tuesday. Dutch star drag-flicker Yibbi Janssen was the second most expensive player and was bought by Odisha Warriors for Rs 29 lakh, followed by young Indian forward Sunelita Toppo, who was picked up by Delhi SG Pipers for Rs 24.00 lakh. Indian players Lalremsiami (for Rs 25 lakh to Shrachi Rarh Bengal Tigers), Sunelita Toppo (for Rs 24 lakh to Delhi SG Pipers), and Sangita Kumari (for Rs 22 lakh to Delhi SG Pipers) attracted significant attention in the first half of the auction. Several overseas players, including Belgium's Charlotte Englebert (for Rs 16 lakh to Soorma Hockey Club), Germany's Charlotte Stapenhorst (for Rs 16 lakh to Soorma Hockey Club), and Australia's Jocelyn Bartram (for Rs 15 lakh to Odisha Warriors) were the notable buys.
15.10 / 14:41
markets
Digital
Strategy
Sustainability
dance
reports
Schools
Sharad Purnima 2024 Date: Is it on October 16 or 17? Check Puja Vidhi, rituals, and more
Sharad Purnima, an important full moon day in the Hindu calendar, is marked by deep devotion and spiritual significance. This year, it will be observed on Wednesday, October 16, 2024. This festival holds a unique place in Hindu tradition, as it is believed to be the only day when the moon shines in its complete form, showcasing all sixteen Kala (phases). It is said that Lord Krishna, the complete incarnation of Lord Vishnu, was born with all sixteen Kala, while Lord Rama was born with twelve.
15.10 / 14:41
markets
Provident
Digital
Manufacturing
Strategy
Food
Research
DPIIT relaxes quality control order for cookware, utensils for micro units
DPIIT) on Tuesday said it has relaxed the mandatory quality control norms for cookware and utensils for micro units. The quality control order (QCO) on cookware, utensils and cans for foods and beverages was issued last year to cut imports of sub-standard goods and promote domestic manufacturing. «To enhance ease of doing business, several relaxations have been introduced in the QCO, which includes exemption from the QCO for very small micro-enterprises (i.e. micro-enterprises registered under the Udyam portal) where the investment in plant and machinery does not exceed Rs 25 lakh, and the turnover does not exceed Rs 2 crore,» it said. Further, a six-month relaxation to clear legacy stock has been provided through a specific provision and exemption for the import of cans filled with powder, semi-solid, liquid, or gas through a specific provision has been introduced.
15.10 / 13:59
markets
Digital
Deloitte
Experts
reports
testing
symptoms
CJI Chandrachud reveals daughters' struggle with Nemaline Myopathy; What you need to know about this rare condition
rare genetic condition called nemaline myopathy, which affects his foster daughters. Speaking at the 9th Annual National Consultation on 'Protecting the Rights of Children Living with Disability and Intersectionality of Disabilities,' Chandrachud shed light on the emotional and practical difficulties families endure when dealing with this condition, as per a report from TOI. «Our children have been born with a condition called nemaline myopathy. There is a lack of knowledge about myopathy among doctors, caregivers, and parents. Many families live in self-denial, believing nothing is wrong, and testing facilities for this condition were scarce even in major institutes in India,» he shared during the event.
15.10 / 13:59
markets
Provident
Digital
Strategy
Deloitte
reports
Scandals
Has the Diddy scandal taken a toll? Ashton Kutcher and Mila Kunis are reportedly moving to Europe
Ashton Kutcher and Mila Kunis intend to relocate to Europe. This came after rumours of the same surfaced online, following accusations and criticism directed at the actor shortly after Kutcher's connection to the highly contentious Sean Diddy Combs went viral. The move by Kutcher and Kunis might be an attempt to get away from Diddy's drama, as reported by ComingSoon. Ashton Kutcher and Mila Kunis intend to leave Hollywood and relocate to Europe in order to avoid the ongoing Diddy drama.
15.10 / 13:59
markets
Digital
Strategy
Deloitte
Research
innovations
information
Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged
Ola Electric on Tuesday issued a clarification about the regulatory scrutiny into the pricing of its most affordable scooter. «We have not changed the price of Ola S1 X 2 KWh. We are running a very limited time festive campaign for a brief period where we are giving a general discount of Rs 5,000 to every customer and higher discount of Rs 25,000 to only a few customers and that too only with very limited inventories,» the company said in a filing to the exchanges. The Automotive Research Association of India (ARAI) had raised concerns about Ola Electric’s failure to inform the agency of a price reduction for its S1 X 2 kilowatt-hour model before initiating its high-profile “BOSS” sale.
15.10 / 13:59
markets
Digital
Fighting
Election
Deloitte
Experts
Relationships
EC announces bypoll for Wayanad Lok Sabha seat, Priyanka Gandhi to make her election debut
Wayanad Lok Sabha seat in Kerala and Nanded seat in Maharashtra. Congress leader Priyanka Gandhi is likely to make her election debut from Wayanad. Wayanad seat was vacated by Congress leader Rahul Gandhi after he was also elected to Lok Sabha from Raebareli in Uttar Pradesh in the general elections held earlier this year. Congress president Mallikarjun Kharge had announced in June that Rahul Gandhi will retain Raebareli, a traditional seat of the Gandhi family and vacate his Wayanad seat where the party will field Priyanka Gandhi.
15.10 / 13:59
markets
Digital
Airlines
security
Strategy
Deloitte
International
5 flights get bomb threats via X
counter-terrorist drills at various airports, official sources said. The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew. The messages posted on Monday were declared a hoax. Two more flights received similar threats on Tuesday but a confirmation was awaited. The sources said an X handle issued threats on Tuesday to five flights — an Air India Express flight from Jaipur to Bengaluru via Ayodhya (IX765), a SpiceJet flight from Darbhanga to Mumbai (SG116), an Akasa Air flight from Bagdogra to Bengaluru (QP 1373), an Air India flight from Delhi to Chicago (AI 127) and an Indigo flight from Dammam (Saudi Arabia) to Lucknow (6E 98).
15.10 / 13:59
markets
Digital
Manufacturing
Boeing
President
innovations
reports
"We can create next-gen innovative products", says Boeing India President Salil Gupte as he urges cos to embrace quality
Boeing India President Salil Gupte shared these insights during a symposium organized by the India Foundation for Quality Management. He emphasized the necessity for Indian companies to enhance their position within the global supply chain and to seize the emerging opportunities presented by quality improvements in manufacturing.
15.10 / 13:11
markets
Digital
Waters
Analysis
RAI
PAM
reports
Delhi water supply cut: No water for 18 hours on Wednesday; Check timings and affected areas
Delhi water supply cut: Residents in parts of Delhi’s Outer North district will face an 18-hour water supply disruption starting from 10 am on Wednesday, due to maintenance work, as announced by the Delhi Jal Board (DJB), according to a PTI report.
15.10 / 13:11
markets
Digital
Football
Experts
social
reports
Investigations
Shocking! Real Madrid star Kylian Mbappe accused of rape at Swedish hotel, footballer says fake news
Kylian Mbappe has found himself in a massive controversy after a Swedish newspaper Aftonbladet reported that he has been accused of rape, and that the cops are currently investigating him. Mbappe has reacted strongly to these allegations and called the report a 'fake news'.
15.10 / 13:11
markets
Digital
Trade
Experts
PAM
reports
After gold, silver & platinum, dates from UAE under scanner
The effective import duty on fresh, soft and hard dates is between 20-30% but under the CEPA, their imports are duty-free. New Delhi imposes 200% duty on direct imports of all products from Pakistan since 2019. “Industry has flagged concerns that dates are coming from Pakistan via the UAE and undue benefiting from our trade pact,” said an official, adding that the ministries of commerce and industry, and finance are examining the issue.
15.10 / 13:11
markets
Digital
Aviat
Experts
PAM
innovations
information
IndiGo Ventures expects to begin investments by the end of FY 2024-25
IndiGo Ventures, the corporate venture capital fund of India’s largest carrier IndiGo, said it is expected to begin investments by the end of FY 2024-25. The fund will focus on startups that have the potential to reshape the future of aviation and related sectors, offering pre-Series A, Series A, and Series B funding. It will target startups working on innovative technologies in aviation as well as consumer-focused ventures in areas like travel, lifestyle, hospitality, and transportation, the company said in a statement Tuesday. IndiGo has launched the website GoIndiGoVentures.com, which provides information on the fund’s investment strategy, value proposition for founders, and details about the governing entities.
15.10 / 13:11
markets
COST
Digital
PAM
inclusion
Courts
Vaccines
Supreme Court seeks govt response on Serum Institute's challenge to taxation of subsidies following 2015 income tax amendment
Supreme Court has sought a response from the government and the Central Board of Direct Taxes on vaccine maker Serum Institute of India's appeal challenging a 2015 amendment to the Income Tax Act that made subsidy, grant, waivers, concessions or reimbursements by Centre or states or incentives in cash or kind taxable. The amendment had inserted sub-clause (xviii) to Section 2(24), which defines taxable “income”. A Bench led by Chief Justice D.Y. Chandrachud on Monday issued notice to the government and asked it respond in four weeks.
15.10 / 12:45
markets
Digital
Parke
reports
Department
Traffic
Videos
park
Bengaluru weather leads to heavy flooding at Manyata Tech Park: Netizens demand WFH options as video goes viral
Manyata Tech Park, one of the largest tech hubs in India, experienced significant flooding on October 15 due to relentless rainfall that began early Tuesday morning. The heavy downpour left roads within the 300-acre tech park submerged, causing substantial disruptions for the tech workforce. Videos shared on social media captured the extent of the flooding, showcasing waterlogged streets that rendered access difficult. The North Bangalore Post, an X handle, reported, “The roads in Manyata Tech Park on the ORR Bengaluru are under water. With rains continuing without a break from 3 AM, expect more flooding in and around this area.” The sight of “lakes and waterfalls” forming within the tech park was also noted by users, highlighting the severity of the situation. Traffic congestion has become a pressing issue, particularly at the Hebbal flyover, where gridlock is anticipated to worsen during the evening rush hour. To avoid being stranded, weather bloggers like Bengaluru Weatherman advised office-goers to leave work early. They tweeted, “With more rain in store for the coming 2-3 hours, it's better to leave the office whenever you get a chance.”
15.10 / 11:33
markets
UPS
Digital
XRP
SEC
reports
XRP Price Forecast: Rallies Expected as Institutional Investors Bet Big Despite Ongoing SEC Lawsuit
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...
15.10 / 11:25
UPS
Provident
Digital
DNA
information
reports
testing
The privacy of our data mustn’t get breached in acquisition cases
Subscribe to enjoy similar stories. The genetic testing company 23andMe offers ordinary people a simple service for them to better understand their genetic roots. All they need to do is order the company’s saliva kits, spit into a tube provided and mail it back.
15.10 / 10:53
markets
Digital
Strategy
Election
Deloitte
Experts
PAM
Jharkhand election date 2024: Voting in two phase on November 13 and 20; results on November 23
Jharkhand assembly elections will be held in two phase on November 13 and 20, and the results will be out on November 23, the Election Commission of India announced on October 15. With the announcement of the poll dates, the model code of conduct immediately came into effect in the state. The term of the current assembly will end on January 5, 2025. The Jharkhand assembly has 81 seats (44 General, 9 SC, 28 ST). There are a total of 24 districts in the state. As per latest numbers, the state has 2.6 crore registered voters, of which 1.29 crore are women, 1.31 crore are men, 66.84 lakh young voters, and 11.84 lakh first-time voters.
15.10 / 10:53
markets
Digital
Manufacturing
Strategy
PAM
country
social
Tata Group to create 500,000 jobs in India with major investments in manufacturing
Tata Group will create 500,000 jobs in the next five years on back of massive investments in facilities for manufacturing semi-conductors, batteries, electric vehicles, among others, Tata Sons Chairman N Chandrasekaran said. Chandrasekaran, who was speaking at the Indian Foundation of Quality Management (IFQM) Symposium in Delhi Tuesday said with a million people joining the workforce every month India has the potential to become the human resource capital of the world. However, there is a need to create processes for ensuring quality in product manufacturing, people and the ecosystem. Chandrasekaran said it is now India’s moment to make a mark on the world stage. The momentum in the economy, rising per capita levels, and growing demand for products and services will all propel the country forward. «We will be a significant player in the manufacturing requirements of the world,» Chandrasekaran held.
15.10 / 10:35
markets
Digital
Strategy
Align
Sustainability
Experts
social
NFO Alert: WhiteOak Capital Mutual Fund launches ESG Best-In-Class Strategy Fund
WhiteOak Capital Mutual Fund has launched WhiteOak Capital ESG Best-in-class Strategy Fund, an open-ended equity scheme investing in companies following environment, social and governance (ESG) themes, adopting the best-in-class strategy. The new fund offer or NFO is open for subscription and will close on October 25. The fund seeks to invest in companies with superior corporate governance practices. The fund seeks to derive returns for its clients by investing in high-quality businesses, which have long-term sustainability of return on capital, potential scalability of the business, strong execution capability and superior corporate governance culture, according to a release by the fund house.
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