Digital Financial News
04.10 / 19:03
markets
Digital
Strategy
Trade
PAM
rights
India miffed over Indonesia move to extend duties on ceramic tiles
Indonesia with their consultations at the World Trade Organization (WTO) remaining inconclusive on Jakarta's proposal to extend safeguard duties on import of ceramic tile products. Indonesia plans to extend the duties by two years till November 2026, a move that may further hurt India's exports of the product to the island nation. The safeguard duties were first imposed in 2018 and India's exports of ceramic products to Indonesia have declined 65% between FY20 and FY24. «The result of the consultations was inconclusive. India reserves its right to request compensation as per the WTO Agreement on Safeguards,» said an official. Safeguard duties are custom tariffs that can be imposed temporarily by a WTO member to protect a specific domestic industry from an increase in imports of any product which is causing or threatening to cause harm to the industry.
04.10 / 19:03
markets
Digital
film
Experts
social
actress
rapper
Is Angelina Jolie dating Corbynista rapper Akala? Rumours fly after both seen together in the film premiere
Corbynista rapper is fuelled. After the two of them attended her movie's premiere together, Angelina Jolie has sparked rumours that she is dating a Corbynista rapper. The British musician and political activist Akala went with the Oscar-winning actress to the Maria screening at the 62nd New York Film Festival on Sunday night at the Lincoln Center. After that, she shared pictures of Akala at an event for her business Ateller Jolie on Instagram. Akala has been Jeremy Corbyn's staunch supporter, praising the former Labour leader as a fundamentally decent human being. Corbyn, for his part, complimented Akala and shared an interview in which she discussed knife crime.
04.10 / 19:03
markets
Target
Digital
Sustainability
stage
social
Sporting
Ministry releases draft National Sports Policy, seeks views by Oct 27
youth affairs and sports (MYAS) has released the draft National Sports Policy (NSP) 2024 for public consultation, aiming to foster sustainable growth in India's sports ecosystem and drive national development. NSP 2024 aspires to position India as a global sports powerhouse through collaboration between the government, sports federations, private sector and the public sector. The NSP aims to build upon the foundations laid by previous initiatives such as the NSP 2001, the Khelo India Scheme and the Target Olympic Podium Scheme (TOPS). The policy focuses on building a robust ecosystem that nurtures talent from grassroots to elite levels, expands access to sports infrastructure and promotes sports as a viable career.
04.10 / 19:03
markets
Digital
Strategy
Experts
information
medicines
Schools
Govt may mandate QR codes to check fake cancer drugs
cancer drugs, a bid to prevent counterfeits and validate the authenticity of medicines after incidents of refilling of expensive anti-cancer drugs with counterfeit drugs came to light. The proposal was discussed in a recent meeting of the Drugs Technical Advisory Board (DTAB), India's highest advisory body on drugs, which deliberated on the matter and agreed to it, said people familiar with the matter. The implementation of the proposal will, however, require an amendment to Schedule H2 of Drugs Rules, 1945, and therefore will be sent to the health ministry soon, they said. The board was informed that criminals in collusion with hospital pharmacies were found refilling empty vials of expensive anti-cancer medicines with counterfeit drugs. These fake drugs were then mixed with genuine stocks and sold to unsuspecting cancer patients, putting their life at risk.
04.10 / 19:03
markets
Digital
Strategy
Universities
PAM
stars
reports
The Boys prequel: Release window of the Vought Rising revealed | What to expect
The Boys, known for its blend of dark satire and violent action, has impressed audiences over its four seasons. As fans eagerly await the final season, expected in 2026, a new prequel series titled Vought Rising has been announced, expanding the universe of The Boys. One of the show’s stars, Aya Cash, who portrays the controversial character Stormfront, has shared exciting updates about the upcoming prequel series, as per a report by Collider.
04.10 / 19:03
markets
UPS
Digital
Strategy
President
PAM
Green GST tax may help buyers shift towards greener cars, says Vikram Pawah, president of BMW Group India
green GST (goods and services tax)' on cars-where the tax rate goes up or down based on the vehicle's emission levels-will be the ideal path towards achieving carbon neutrality, said Vikram Pawah, president of BMW Group India. The gradient will incline consumers towards buying greener cars, he told ET. «Ideally there should be a green GST...the greener the car, the lower is the GST,» Pawah said on the sidelines of the launch of the BMW M4 CS high-performance sedan in Mumbai.
04.10 / 19:03
markets
UPS
Digital
Manufacturing
trends
Features
Global sunroof companies look to ride the giant India wave
car sunroofs is pushing the world’s leading makers of the feature to join local partners in ramping up investments to tap this burgeoning market. Netherlands-based Inalfa Roof Systems along with its partner Gabriel India is looking to double capacity for manufacturing sunroofs in the next one year. The duo, which opened their first plant in Chennai in the first quarter of 2024, can currently produce up to 200,000 sunroofs annually. Germany’s Webasto—a global leader in openable sunroofs—has started work to nearly double production capacity in the Indian market to 950,000 units per year by 2027, from the current 500,000 units. Auto parts maker Uno Minda inked a technical licence agreement this August with Japan’s Aisin Corp., among the world’s top 10 Tier I component suppliers, to locally manufacture and sell vehicle sunroofs. “The Indian automotive market is witnessing a remarkable shift, with sunroofs rapidly becoming a sought-after feature,” said NK Minda, chairman and managing director, Uno Minda. “Sunroofs have seen multifold growth in recent years. This trend is only set to accelerate as sunroofs, once limited to larger SUVs and MUVs, are now increasingly finding their way into hatchbacks.”
04.10 / 18:09
markets
Provident
Digital
Actor
rapper
Investigations
Relief for terrified Ashton Kutcher, as sources say he is not on federal criminal investigation's radar for Diddy's activities
Ashton Kutcher has zero knowledge of Diddy's activities, so he is not on the federal radar. He is supposedly not on the federal government's radar, despite rumours that he is afraid of being linked to Sean Diddy Combs' legal issues. The rapper's arrest following a grand jury indictment has put the actor's previous friendship with Diddy under intense scrutiny. Despite ongoing inquiries into Diddy and his relationships following his apprehension and accusations of human trafficking, racketeering, and providing transportation for prostitution, Kutcher needs not to worry.
04.10 / 18:09
markets
Digital
Progressive
economy
Diversity
inclusion
innovations
Diversity and tolerance are crucial drivers of innovation and growth for business and economy
innovation is not limited to cutting-edge tech. Diversity and tolerance for all things new is a crucial asset to fuel innovation and economic growth, not just for individual enterprises but also for societies and economies. In the 1980s, the infamous death spiral of America's chip industry was reversed by Jack Simplot, a potato farmer with no college education but with a terrific acumen for business. Silicon Valley's real 'magic' is not in the grand convergence of brilliant engineers, but in its adventurous culture, tolerance and openness to new ideas. Today, as businesses grapple with complex challenges to stay relevant, DEI (diversity, equity, inclusion) has progressed from being a jargon to an essential principle that organisations strive to embrace. India needs to understand how to extend the value of its diversity beyond representation and harness it as an engine for inclusive and innovative economic growth. So, why is diversity a key focal point?
04.10 / 18:09
markets
Digital
Experts
PAM
Schools
Features
International
SAMHI Hotels acquires Innmar Tourism and Hotels private Ltd
Innmar Tourism and Hotels Private Limited (“ITHPL”). The company said this acquisition includes an operating hotel featuring 142 rooms in Whitefield, Bengaluru. There is further expansion opportunity to add a second hotel with 200-220 rooms and take the total inventory of the complex to 340-360 rooms in the Upper Upscale and Upscale segment. The company already owns and operates six hotels with 9181 rooms in Bengaluru across segments. The completion of this acquisition will add 142 rooms on an immediate basis, with another 200 – 220 rooms being added over a period. The two hotels will be managed under Upper Upscale and Upscale brands being finalized with a large international operator.
04.10 / 18:09
markets
Digital
Assurant
security
Strategy
President
India and Sri Lanka strengthen ties: Assurance on security and commitment to economic partnership
Sri Lanka has assured that it will not allow its territory to be used in a manner inimical to India's security interest, even as India said that it will be a steady partner in the economic recovery and development of the island nation. In the first visit by a foreign dignitary after the National People's Power, led by Anura Kumara Dissanayake, came to power, external affairs minister S Jaishankar met the top Sri Lankan leadership and invited the President on behalf of Prime Minister Narendra Modi to visit India. An official statement after the visit stated that the meetings highlighted that the interests of India and Sri Lanka were closely intertwined and collaboration was in mutual interest and contributed to the stability and security of the region. «The importance of a continuous dialogue that would promote trust, transparency and mutual sensitivity was recognised. The President reiterated that Sri Lankan territory would never be allowed to be used in a manner inimical to India's security interests,» it read.
04.10 / 17:33
markets
Digital
Strategy
Election
President
Freedom
rights
Why is Melania Trump defending abortion rights even though it diverges from Donald Trump's agenda
Melania Trump has stepped into the spotlight with a firm declaration supporting abortion rights, a position that stands in stark contrast to her husband, Donald Trump. In her upcoming memoir, which will be released next week, the former First Lady stresses the importance of personal freedom and autonomy, specifically regarding women’s reproductive rights. In a promotional video posted on X (formerly Twitter) on October 3, Melania Trump spoke about the fundamental principle of «individual freedom.» She stated, «Individual freedom is a fundamental principle that I safeguard. Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth: individual freedom.»
04.10 / 17:33
markets
Digital
Extreme
Action
country
reports
Controversial Islamic preacher Zakir Naik's 'X' account withheld in India amid controversial Pakistan visit
India has moved to withhold Zakir Naik's 'X' account, restricting access to the controversial Islamic preacher's social media in the country. This action followed hours after Pakistan warmly welcomed Naik, who is wanted by Indian authorities for charges related to money laundering and promoting extremism through hate speeches. Naik's presence in Pakistan has triggered fresh diplomatic responses from India, with sharp criticism directed at Islamabad for hosting him.
04.10 / 17:33
markets
Citi
Target
Digital
Strategy
Experts
US, UK launch airstrikes by fighter jets and ships on Yemen's Iran-backed Houthi rebels
Houthi media said seven strikes hit the airport in Hodeida, a major port city, and the Katheib area, which has a Houthi-controlled military base. Four more strikes hit the Seiyana area in Sanaa, the capital, and two strikes hit the Dhamar province. The Houthi media office also reported three air raids in Bayda province, southeast of Sanaa. The strikes come just days after the Houthis threatened «escalating military operations» targeting Israel after they apparently shot down a US military drone flying over Yemen. And just last week, the group claimed responsibility for an attack targeting American warships.
04.10 / 17:33
markets
Digital
CEO
Sony
Experts
reports
Schools
Meja Urja Nigam pays first dividend of Rs 102 cr to NTPC, UPRVUNL
Meja Urja Nigam Pvt Ltd (MUNPL) has paid first dividend of Rs 51 crore each to its parent companies NTPC and UPRVUNL. MUNPL is a 50:50 joint venture (JV) of state-owned NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL). The company has paid a final dividend of Rs 51 crore to NTPC for FY24. Another dividend of Rs 51 crore was paid to UPRVUNL last week. This is the first ever dividend paid by MUNPL, a company official said.
04.10 / 17:33
markets
Digital
Waters
reports
Department
symptoms
Investigations
Over 1,000 people fall ill in two Karnataka villages after drinking contaminated water
Udupi district fell ill after drinking contaminated water from a local overhead water tank, Health Department officials said on Friday. «The condition of none of them is serious. Most of them have already recovered with proper medication from the local health centre,» an official said. The affected, mostly from Karki Kalli and Madikal wards of Uppunda Gram Panchayat in Byndoor taluk, had reported symptoms such as vomiting and diarrhea, they said. «Many households witnessed multiple family members displaying similar symptoms, with several homes reporting three or more individuals being affected after drinking water from overhead water tank in Kasinadi,» an official said.
04.10 / 17:33
markets
Digital
Cooper
security
Sustainability
peace
International
India consistently advocated for peaceful resolution to disputes: Rajnath Singh on Indo-Pacific
India has consistently advocated for a peaceful resolution to disputes and has sought to promote cooperation among nations in the Indo-Pacific, with a strong emphasis on the centrality of ASEAN, Defence Minister Rajnath Singh said on Friday. His remarks come amid China's increasing military muscle-flexing in the region. In his address at the Indo-Pacific Regional Dialogue (IPRD) 2024 here, he also expressed concern over «certain attempts to monopolise and weaponise critical resources for strategic reasons», terming these tendencies as not conducive for the global good. Singh emphasised that India's engagement with its partners is guided by the understanding that true progress can only be achieved through collective action and synergy, and due to these efforts, it is now considered as a «credible and preferred security partner and first responder» in the region.
04.10 / 17:33
markets
MET
Digital
Assurant
President
country
Jaishankar meets new Sri Lankan president, assures support for rebuilding economy
India-Sri Lanka ties" with Sri Lankan President Anura Kumara Dissanayake and assured continued support to the island nation's economic rebuilding. During his day-long visit, less than a fortnight after President Dissanayake was sworn in, Jaishankar also met Prime Minister Harini Amarasuriya, his counterpart Vijitha Herath, Sajith Premadasa, Sri Lanka's leader of the opposition from the Samagi Jana Balawegaya party and former Sri Lankan president Ranil Wickremesinghe. Jaishankar is the first foreign dignitary to visit Sri Lanka since the National People's Power (NPP) government led by Dissanayake came to power on September 23. Sri Lanka is India's key maritime neighbour in the Indian Ocean Region (IOR) and occupies a special place in its initiatives such as 'SAGAR' (Security and Growth for All in the Region) and the 'Neighbourhood First Policy.'
04.10 / 17:17
Blockchain
Digital
community
Experts
innovations
donates
Salukis: A Revolutionary Dog-Themed Meme Coin That Gives Back to the Community
Viraj works as a writer for guides and daily news content on CryptoNews. He is an expert on digital asset price movements, price prediction columns, and news breakdowns. Viraj graduated with a BSC in...
04.10 / 17:17
markets
Target
Digital
Progressive
Election
Bitcoin
reports
Bitcoin ‘Destined’ to Break Below 60K Support Amid Geopolitical Tensions: Standard Chartered
Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
04.10 / 16:31
markets
Digital
Williams
Strategy
Charity
Experts
strain
King Charles desperately missing younger son Harry, but Williams doesn't want them to meet.
King Charles misses 'darling boy' Prince Harry, but William is adamant about the absolute ban.' A royal expert has suggested that as their rift grows, King Charles misses his darling boy Prince Harry terribly. The strained duo did not spend time together during Harry's brief visit to London earlier this week. As a result, the 75-year-old monarch has only seen Harry once this year when he travelled to the UK in February following the news of his father's cancer diagnosis.
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