Digital Financial News

Rajnath Singh on Saturday left for Uttar Pradesh by road from Jharkhand's Garhwa as his helicopter could not refuelled at Banshidhar Nagar where he addressed a rally, a top police officer said. «He left for UP by road from Garhwa as his chopper could not be refuelled,» Jharkhand DGP Anurag Gupta told PTI. Garhwa SP Deepak Pandey told PTI that since the vehicle carrying fuel for the helicopter failed to reach, Singh decided to proceed to Varanasi by road.

Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to price pressures in the short term by boosting demand, even though its full effects would not be visible any time soon. Macklem said strong investment in AI technologies was already boosting the economy and noted surging electricity demand as new data centers are built. «In the short run, AI could boost demand more than it adds to supply through faster productivity growth,» Macklem said in Toronto at an AI conference.

joint military exercise between the armies of India and the US ended after the closing ceremony of the training activity was held at the Mahajan Field Firing Range on Saturday, officials said. The 20th edition of bilateral drills 'Yudh Abhyas-24' was focused on counterterrorism operations in semi-urban and semi-desert terrain under the United Nations mandate, they said. «The exercise emphasised physical fitness, tactical drills, and the exchange of best practices, techniques, and procedures between the two armies, which was clearly demonstrated during the closing ceremony,» the defence spokesperson said in a release.

assembly polls in Jammu and Kashmir, Union Minister and Bharatiya Janata Party (BJP) leader Jitendra Singh said that his party does not need help from other parties in the Union Territory. Speaking during a political campaign in Budhal assembly constituency on Friday, Union Minister Jitendra Singh said, «We fought the election alone. We don't want any help from others.» The remark came after BJP leader Devender Singh Rana's statement claiming that NC supremo Farooq Abdullah always wanted to go «hand-in-hand» with the central government.

MG Motor India on Saturday revealed the prices for its latest launch, the MG Windsor. The «intelligent» crossover utility vehicle, and India's first, as MG calls it, will carry a starting price tag of Rs 13,49,800 (Ex-Showroom). This price includes the battery cost as well. MG Motor India had on September 11 launched the all-electric Windsor EV, marking a significant addition to its electric vehicle portfolio. It had said the Windsor EV would be priced starting at Rs 9.9 lakh. However, that price excludes the battery. The car will have three variants: Excite, Exclusive, and Essence, priced (ex-showroom) at Rs 13,49,800, Rs 14,49,800, and Rs 15,49,800, respectively.

Indian educators will procure more than 1,000 AI-Powered EdTech innovations showcased at Didac India 2024 exhibition, according to a statement. The 14th edition of Didac India, an exhibition and conference focused on education and skilling resources, was organised by Messe Stuttgart India from September 18 to 20 at Yashobhoomi, New Delhi. The event witnessed the unveiling of a diverse array of futuristic solutions and resources with exhibitors from over 20 countries showcasing more than 5,000 Edtech products and innovations, the statement said. «Over 1000 cutting-edge AI products are going to be procured by Indian educators to transform India's education and skill sector,» it stated.

communal harmony, a Kashmiri Pandit temple and a mosque stand just 100-200 metres apart in the heart of downtown Srinagar, symbolising the enduring spirit of co-existence in a region often overshadowed by conflict and violence. Despite the tumultuous history of Kashmir, the bond between the majority Muslim community and the minority Kashmiri Pandits remains strong, embodying the ethos of "Kashmiriyat" — a cultural concept promoting brotherhood and mutual respect. Local Muslims have taken an active role in supporting the Purushyar temple in the Habba Kadal area, fostering an atmosphere of respect for each other's beliefs. Babloo Jee Bhat, the temple's caretaker for the past 18 years, expressed gratitude for the Muslim community's support.

artisans and craftspeople engaged in these trades like pottery, boat making, shoe making, etc. touch the lives of the people around them and their contribution is pivotal in the economy of the rural India. Most of these artisans and craftspeople have been a part of informal economy and work with their hands and tools. In this background, PM Vishwakarma, was launched by Hon’ble Prime Minister on Vishwakarma Jayanti on 17.09.2023 by the Government of India for transforming the lives of these artisans and craftspeople, known as Vishwakarmas through a number of positive interventions. PM Vishwakarma Scheme is a holistic scheme that provides an end-to-end support to artisans and craftspeople. Under the Scheme, the traditional trades covered are carpenter (suthar/badhai), boat maker, armourer, blacksmith (lohar), hammer and tool kit maker, locksmith, goldsmith (sonar), potter (kumhaar), sculptor (moortikar, stone carver), stonebreaker, cobbler (charmakar)/ shoesmith/ footwear artisan, mason (rajmistri), basket/mat/ broom maker/coir weaver, doll & toy maker (traditional), barber (naai), garland maker (malakaar), washerman (dhobi), tailor (darzi), and fishing net maker.

digital payments has surged to Rs 1,669 lakh crore in the first five months (April-August) of the current financial year 2024-25, according to Union Finance Ministry. The ministry stated that the transaction volume of digital payments has reached 8,659 crore during the same period. The value of UPI transactions has grown from Rs 1 lakh crore to Rs 200 lakh crore at a CAGR of 138%. Additionally, in the last 5 months (April-August FY2024-25), the total transaction value has surged to an impressive Rs 101 lakh crore. The Ministry of Finance in a statement on Friday highlighted that digital payments in India have witnessed significant growth, with the total number of digital payment transactions increasing from 2,071 crore in FY 2017-18 to 18,737 crore in FY 2023-24, at a compounded annual growth rate (CAGR) of 44%.

The Summit of the Furture is an important milestone in the history of UN as it enters the 80th year of its establishment in 2025. A Pact for the Future, with its two annexes Global Digital Compact and Declaration on Future Generations, will be the outcome document of the Summit. PM Narendra Modi will also address the Summit of the Future. Summit of the Future, director Michele Griffin says India is a major voice for pushing for the change that the Summit envisages.

Modi is scheduled to arrive in the US Saturday for a three-day visit which will begin with the Quad Leaders' Summit hosted by US President Joe Biden in Wilmington, Delaware. The Indian leader will then travel to New York where he will address a mega community event in Long Island on September 22, followed by his address to the UN's Summit of the Future on September 23 before departing for India.

Shikari area of Reasi district in Jammu and Kashmir after an encounter broke out between security forces and terrorists on Friday. Based on specific intelligence about the presence of terrorists, a joint search operation was launched by Security forces in the district, said authorities. Contact has been established and a few rounds have been fired from both sides, they added.

private banks saw a net headcount addition of 295,000 professionals in the last four years with 94,046 jobs added in FY24, a 13% increase over FY23, which had the highest annual net additions at 106,753. Together, this cohort—including HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, IDFC First Bank, Yes Bank, Bandhan Bank, IDBI Bank and RBL Bank—employs 795,000 professionals as of FY24, an impressive 59% growth in total headcount over FY20.

Pepe Unchained ($PEPU) has raised $14.1 million in its presale as Pepe-themed coins surged on Friday.

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Major League Baseball over the past century-and-a-half, none had a season with 50 home runs and 50 stolen bases — until now. Shohei Ohtani became the first 50-50 player on Thursday when the Los Angeles Dodgers star hit his 50th and 51st home runs and stole his 50th and 51st bases. Home runs and steals are among the more popular baseball records — if not the most revered in the history of the game — whether it be most home runs (73) in a season or the modern-day mark for most stolen bases (130) in a season. So when one player reaches the once-unthinkable half-century mark in both, it stands out.

The European Union says it will outline steps to compel Apple to open up its iPhone and iPad operating systems to competing technologies under the bloc’s tough new digital rulebook, which threatens hefty fines for breaches

Prime Minister's E-DRIVE scheme will have a phased manufacturing programme (PMP) to support local manufacturing of electric vehicle (EV) components, officials said. EV makers that source components locally will receive financial support under the scheme sans any domestic value addition mandate, they said.

Public sector net debt «was provisionally estimated at 100% of gross domestic product at the end of August», the Office for National Statistics said in a release. Prime Minister Keir Starmer has warned Britons that the budget announcement on October 30 will be «painful», with tax rises and spending cuts expected.

MHA) has accorded the much-awaited sanction to prosecute former railways minister Lalu Prasad in land-for-jobs case. CBI informed this to a local court on Friday. The agency's counsel also apprised the court that there are nearly 30 co-accused for whom prosecution sanction is awaited from the relevant authorities. CBI has sought a fortnight to obtain sanctions against other accused. The court has directed the agency to expedite the process to obtain sanctions for the co-accused.