Digital Financial News

Enforcement Directorate (ED) has attached assets worth Rs 52.5 lakh and bank accounts in its ongoing investigation into money laundering involving YouTuber Siddharth Yadav, known as Elvish Yadav, singer Rahul Yadav, also known as Fazilpuria, and Sky Digital India Pvt Ltd. The assets include agricultural plots in Bijnor, Uttar Pradesh, and Haryana, following a provisional order issued under the Prevention of Money Laundering Act (PMLA), a TOI report stated.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY IT at (1.95%), NIFTY Metal at (1.02%) & NIFTY India Digital at (0.82%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Realty at (-1.19%), NIFTY Infrastructure at (-1.19%), NIFTY India Consumption at (-0.39%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 26248.25 (0.12%) , 32.2 points higher than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY IT at (1.96%), NIFTY Metal at (1.04%) & NIFTY India Digital at (0.83%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Realty at (-1.15%), NIFTY Infrastructure at (-1.15%), NIFTY FMCG at (-0.39%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 54338.7 (-0.07%) , -36.65 points lower than the previous closing.

Subscribe to enjoy similar stories. Can Pakistan break its IMF loan addiction? On Wednesday, the board of the International Monetary Fund (IMF) approved an “extended fund facility" worth $7 billion for the country. This would be its 24th bailout since 1958.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

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Orion AR glasses are an extension of Meta’s work with the Ray-Ban Meta smart glasses, which provided users with a hands-free digital experience without a display. With Orion, Meta has integrated holographic displays and advanced AI, pushing towards a true augmented reality experience.

Citi in 5-7 years as the US bank looks to expand its services business — which its CEO Jane Fraser calls its «crown jewel» — and more domestic firms turn global, a top executive said. «It's highly likely that India will break out into the top three based on what we are seeing,» Shahmir Khaliq, Citi's head of services, told ET in an exclusive interaction. «We are investing across the network and as the government makes India a great place to invest in, we are seeing the incremental inflow (and) we are seeing Indian companies looking to invest abroad.» At present, India is the fourth largest market for Citi's services business. «It would not be beyond the realm of the possible for us to expect to see India in the top three over the next five to seven years,» Khaliq said.

Bandhan Life, formerly Aegon Life Insurance, has commenced business in its new avatar with two offerings — a guaranteed savings plan and a unit-linked plan, managing director Satishwar B announced on Thursday. Bandhan Financial Holdings, the promoter of Bandhan Bank, completed the acquisition of Aegon Life in February. «We are starting from scratch in terms of new business. We commenced earlier this month with these two products and will unveil three more in the next three months or so,» Satishwar told ET.

UPI should be charged or be conducted, as it has been since 2020, without a merchant discount rate (MDR) to boost digital transactions. Either way, technology adoption is at the fulcrum of the growth of digital financial services (DFS). With UPI at the forefront, NPCI has formed strategic partnerships with several countries to enable digital payments and facilitate cross-border transactions. These collaborations not only provide Indian expats with a familiar way to pay but also enhance financial inclusion, while improving cost- and time-efficiency of digital payments in these regions. By establishing UPI-based payment corridors with banks in West Asian and African countries, these initiatives are building a secure and reliable digital payment infrastructure that supports economic development. As instant payments grow, its influence on the economic landscape of these regions becomes increasingly evident. In India alone, DFS has played a critical role in expanding the digital economy 2.4 times more rapidly than the overall economy.

Wadhawan has approached the National Company Law Tribunal, demanding that the now-defunct realty firm's corporate insolvency resolution process (CIRP) be conducted all over again. Wadhawan has also sought to submit a resolution plan to revive the company. In his application, Wadhawan has claimed that the value of the company was huge, but its resolution professional (RP), committee of creditors (CoC) and valuer chose to overlook the assets, including intangible assets, and possible cash flow from joint venture deals.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Alien: Romulus, have been officially announced by 20th Century Studios. Directed by Fede Álvarez, the ninth installment in the iconic franchise follows a group of young characters who attempt to steal cryo equipment from an abandoned space station, only to encounter the deadly Xenomorph. Starring Cailee Spaeny alongside David Jonsson, Archie Renaux, Isabela Merced, Spike Fearn, and Aileen Wu, the film is set to make its digital debut on October 15, 2024, through VOD platforms including Prime Video, Apple TV, and Fandango at Home, as per a report by Screenrant. In addition to its standalone digital release, Alien: Romulus will also be available in a special two-movie digital bundle that celebrates the 45th anniversary of the original Alien. For collectors, a physical media release is slated for December 3, offering the film on 4K Ultra HD, Blu-ray, and DVD, including a limited edition SteelBook with exclusive custom artwork.

international trade settlement and digital payments, trade and investment in the Suez Canal Economic Zone (SCEZ), and transport and trade disputes as areas of focus, the government said Thursday after the sixth Session of India-Egypt Joint Trade Committee (JTC). New Delhi also said that necessary approvals for signing the MoU on cooperation between National Small Industries Corporation (NSIC) of India and MSME Development Agency (MSMEDA) of Egypt have been obtained. Pharmaceuticals and health sector, gems & jewelry, engineering goods, petroleum and mining, MSME Sector, customs matters, services sector, IT services, electronics manufacturing, apparel manufacturing, renewable energy – green hydrogen and

Gemba Capital, a Sebi-registered micro VC, said it expects investment activity will surge, helped by early-stage pure-play consumer tech startups growing into successful late-stage companies and venture capitalists actively looking to deploy capital into pure-play consumer tech startups. Over the past 2-3 years, there has been a decline in investment activity in pure-play consumer tech companies across stages. From a peak of $21 billion in 2021, investment activity declined to $4 billion in 2023. Also, the decline is visible across stages, where late-stage funding declined to $3 billion in 2023 from $18 billion in 2021. «In the consumer tech sector, the valuations have seen a rationalisation. This is mostly because the evaluation criteria have become more stringent, with investors exercising more caution before investing in early-stage consumer tech startups. In sectors such as edtech and health tech, we have seen a further rationalisation in valuations,» Govinda Lohia, principal, Gemba Capital, said.

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'Flying for Peanuts' author Frank Lorenzo reveals what he has learned in the industry on 'The Claman Countdown.'

₹130 crore, which were developed domestically as part of the National Supercomputing Mission. These advanced systems have been deployed in Pune, Delhi, and Kolkata to support cutting-edge scientific research.During the launch event, Prime Minister Modi stated, "This is a significant day for India in the realms of science, technology, and research. India is placing a strong emphasis on science and technology.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Rexas Finance is making waves in the real-world asset (RWA) tokenization sector as it allows crypto users to digitally tokenize any RWA whether it’s real estate, art, commodities, or intellectual property.