Digital Financial News

Subscribe to enjoy similar stories. One of the most famous quips about India that has long held good is British economist Joan Robinson’s “Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world’s GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology.

Subscribe to enjoy similar stories. Young companies selling laboratory-grown diamonds are ramping up investments in building awareness and expanding product lines as growing adoption of the category in recent months has sparked optimism, industry executives told Mint. Bengaluru-based Jewelbox has nearly doubled its marketing budget in the last year and now incurs nearly 20% of its online expenditure on awareness campaigns, its co-founder Nipun Kochar said.

Subscribe to enjoy similar stories. Bengaluru: Prime Venture Partners, which has backed Indian startups such as MyGate and Niyo, has launched its fifth fund with a size of $100 million to continue investing in early-stage companies across sectors. The development comes almost four years after it raised $100 million for its fourth fund, which was later oversubscribed to $120 million.

ChrysCapital has restarted discussions to acquire pan-India bakery chain Theobroma Foods at a significantly lower price than the original valuation ask of Rs 3,000 crore ($344 million) from the founding family and other shareholders, said people with knowledge of the matter. A formal agreement is expected in a month. Talks were stalled for about a month and a half due to Theobroma’s poor financial results but resumed recently, with the valuation pegged at about Rs 1,800 crore ($206 million), they said, adding that it was down from the `2,400-2,500 crore that most suitors were offering late last year.

Destiny 2’s Heresy Act 2 is set to launch soon. Bungie has shared key details about the release date, new weapons and seasonal activities.

The first leg of the knock-out leg is taking place at Santiago Bernabeu in Tuesday, February 4. Real Madrid versus Atletico Madrid UEFA Champions League match is scheduled to kick off at 3 pm (ET).

She had married Satish Chandra six months ago after a two-year relationship. Devika's family has accused Satish of harassing her for additional dowry, specifically demanding that her family-owned flat in Nizampet and a land parcel be transferred into his name. The Raidurgam police registered a dowry harassment case against Satish and launched an investigation.

global health programmes but vowed to find a way to keep delivering to those in need. The United Nations health agency said it was still too early to determine the full impact of the freeze on foreign aid spending by the United States — traditionally the world's largest aid donor. But WHO spokeswoman Margaret Harris admitted that some programmes had clearly been affected, including the global measles surveillance network, which had been 100-percent funded by the United States.

Subscribe to enjoy similar stories. After years of hype and panic over how many jobs AI will extinguish or replace, it’s clear the technology is bringing some big changes to the coding workforce. AI coding tools, which can automate large portions of code development, emerged as an early generative AI use case, driving double digit percentage efficiency gains and helping more code get written faster.

Subscribe to enjoy similar stories. Mumbai: In an era where media consumption is more fragmented than ever, Nielsen, a company that has long been synonymous with audience measurement, finds itself in a race to keep up. Karthik Rao, chief executive of Nielsen, acknowledges the reality check: “The revelation was not about the media landscape—it was about what we need to do to keep pace and get ahead.

Reliance Industries electric vehicle battery-making unit has asked the federal government for more time to set up its manufacturing plant as part of a production-linked incentive scheme, the Mukesh Ambani-led conglomerate said on Tuesday. The conglomerate did not specify the length of the extension sought or the reason for the delay. In March 2022, Reliance secured incentives under the government's production-linked incentive (PLI) scheme to establish 5 gigawatts (GW) of local manufacturing capacity for advanced chemistry cells (ACCs).

Chief Minister Omar Abdullah said on Tuesday. The JK Services Selection Board (JKSSB) and JK Public Service Commission (JKPSC) have been tasked with fulfilling 3,727 vacancies since the formation of the government on October 16, last year, he told the Assembly. Chief Minister Abdullah, who is also in charge of the General Administration Department, said this in reply to a question raised by Peoples Conference MLA Sajad Gani Lone. Lone had sought information about the total number of vacancies in various departments in Jammu and Kashmir as of January 31 and those referred to the two government recruiting agencies after the formation of the National Conference-led dispensation.

Mohammad Rizwan as their T20 captain Tuesday but he will still lead the one-day side on the tour of New Zealand despite their failed Champions Trophy campaign. All-rounder Salman Agha will skipper the tourists in the five-match T20 series which starts in Christchurch on March 16. Three ODIs will follow. Hosts Pakistan are reeling after the defence of their Champions Trophy crown ended after two straight defeats. Their last match against Bangladesh was washed out.

«The (forest) department has taken up the mapping of wetlands using remote sensing data and the ground truthing and subsequent demarcation of these wetlands exercise, in collaboration with the stakeholder departments revenue and wildlife for wetlands, above 2.25 hectares, as per the directions of the Supreme Court,» the minister said. The exercise is underway at present and scheduled to be completed by March end, he added.

For many, the land on which they built their homes represents a lifetime of memories, struggles and survival. A woman in her 60s, Pushpa Devi has called the place home for the past 40 years.

On 13 February, finance minister Nirmala Sitharaman introduced the much-awaited bill to replace the existing Income-Tax Act, 1961. Among the changes proposed in the Income-Tax Bill, 2025, a significant one that cannot be overlooked is the extensive power granted to tax authorities to carry out searches of tax evaders.

Prada is seeking to expand after posting strong organic sales growth in the last nine months of 2024 despite a slowdown in demand, while Versace operates at a loss. A merger would be Italy's answer to the French conglomerates that dominate the luxury business. «The (Versace) brand needs restructuring and has a history of mismanagement with no easy fix,» said Melania Grippo, analyst at BNP Paribas, in a note on Monday.

World Obesity Day 2025: Every year on March 4th, World Obesity Day raises awareness about the global obesity epidemic. The World Obesity Federation organises this day to highlight the health risks linked to obesity, such as diabetes, heart disease, and joint problems. The day also promotes healthier lifestyles, public policies, and medical interventions. But some habits people think are healthy can actually cause weight gain. These habits can lead to eating too many calories, metabolic imbalances, and increased cravings. Check if you are also making these mistakes in the name of healthy eating. 1. Choosing food based on labels: Products labeled as low-fat, sugar-free, or diet-friendly often contain added sugars, artificial sweeteners, or preservatives. These ingredients can lead to overeating and increased fat storage, raising the risk of obesity.

To check the results, candidates will need their registration number and roll number. ICAI will also publish the list of top-performing candidates along with their qualifying percentages on the official website.

Subscribe to enjoy similar stories. Giancarlo Devasini, one of the world’s newest billionaires, leads a reclusive life in this Alpine town. He stays in a modest apartment by the lake, strolls the cobbled streets with a black hoodie pulled over his head—and rages about the American rival he believes is trying to kill his business.

Severance Season 2 continues with its latest episode. Fans can expect Episode 8 to premiere on March 6, 2025. Apple TV+ follows a fixed release schedule.