Digital Financial News

Donald Trump, accompanied by his two eldest sons and several cryptocurrency entrepreneurs, announced a new digital currency initiative, World Liberty Financial, during a livestream event on Monday. This marks a dramatic shift in Trump’s stance on cryptocurrencies, as he had previously been critical of digital currencies during his earlier campaigns. The timing of the announcement, just months ahead of the U.S. presidential election, has raised eyebrows among supporters and critics alike.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Subscribe to enjoy similar stories. An average American owns 8 pairs of footwear. The Japanese and Europeans own about 6 each.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Subscribe to enjoy similar stories. One of my most vivid childhood memories is of visiting the Amul factory in Anand, Gujarat. The father of India’s White Revolution, Verghese Kurien, was my grand-uncle, and as his guests, we were given a grand tour.

Piyush Goyal, the Minister of Commerce and Industry, has called for an indigenous Silicon Valley, a dedicated township for startups in India, at the launch of Bharat Startup Knowledge Access Registry (Bhaskar). It serves as a central hub for collaboration and exchange of ideas between startups, investors, service providers and government bodies. Goyal pitched a vision to promote the sector's growth, building the largest digital registry for stakeholders within the startup ecosystem. He proposed a township of 25-500 acres to promote the startup ecosystem and provide guidance and support under one roof. On India’s position in the Silicon valley, ET reported earlier about one-third of tech employees in Silicon Valley are of Indian origin. It further said that CEOs of Indian origin head 16 Fortune 500 companies generating nearly $1 trillion in revenue.

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.

technology budgets soon as Europe has started reducing interest rates and the US is expected to follow suit. While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025. «We think the first change will reflect in the management commentary turning more optimistic and references to green shoots in discretionary demand pickup,» said Kumar Rakesh, associate director at BNP Paribas, who closely tracks the IT sector. «Impact on earnings will likely take a little longer and we think it will start reflecting in CY2025.»

Subscribe to enjoy similar stories. Mumbai: Canada's Brookfield Infrastructure Partners is weighing potential investments in India's emerging semiconductor fabrication sector, even as it actively assesses opportunities in fibres, transmission lines, electric vehicles and smart meters. In the US, Brookfield has invested $15 billion in a joint venture with Intel Corp.

IT industry to continuously upskill its talent pool, top executives and experts caution. The country has to not just skill but unskill quickly, they said. “A GCC (global capability centre) of some bank in the US that’s got 10,000 people here is asking the question – why do I need these people in India when a model I’m running under my desktop can do or generate the same thing?” Nigel Vaz, CEO of global digital business transformation company Publicis Sapient, told ET in a recent interview.

E2E Networks, an artificial intelligence cloud service provider, is getting a lot of attention that the National Stock Exchange-listed company has probably not seen in the 15 years since its inception. The company started offering graphics processing units (GPUs) for cloud computing in 2018, when nobody else was in the market in India. The bet is now paying off, with a customer list of 2,500-3,000 companies, mostly startups and small and medium enterprises (SMEs) and also some big companies. Its stock has yielded almost 280% year-to-date, which according to Bloomberg data makes it one of the top-performing IT stocks of 2024. Delhi-based E2E is well-positioned to participate in the India AI Mission’s tender to procure 10,000 GPUs as part of a consortium.

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),...

Ram Madhav said that the party has fielded 19 candidates in Kashmir and is confident of opening its account in the Valley in this assembly elections. «Today things have changed. People want to hear what BJP says. We are confident that BJP will open an account here (Kashmir). This is historic elections and BJP will also script new history,» said Madhav, who is also the party's election in-charge, on the sidelines of a campaign programme in Shopian district. Madhav, who was instrumental in stitching the BJP-PDP alliance in 2015 and 2016, said BJP aims to break the myth that people in Kashmir don't support his party. He said that his party is no longer an outsider in J&K as they had formed the government here earlier as well.

Central Bank Digital Currency (CBDC), or e-rupee, is gaining traction among retail users, with the Reserve Bank of India widening the scope of participation. E-rupee worth ₹234.12 crore was in circulation as of March 2024, compared with ₹16.3 crore a year earlier, according to RBI data. «The multi-fold jump could be due to a few big banks pushing CBDC wallets among their employees,» said a senior banker. «The rise in CDDC transactions could be because the banking regulator has allowed interoperability between CBDC and Unified Payments Interface,» the same person said.

Adani Green and Torrent Power Monday committed a total investment of Rs 32.45 lakh crore by FY30 in renewable energy, in a big boost for the country's green energy transition. «Developers have committed an additional 570 GW, manufacturers have committed additional manufacturing capacities of 340 GW in solar modules, 240 GW in solar cells, 22 GW in wind turbines, 10 GW in electrolysers,» Renewable energy minister Pralhad Joshi said at the Global RE-Invest Summit hosted by MNRE and CII here. Adani Green and Adani New Industries together submitted to add 50 GW renewable energy capacity, solar manufacturing of 10 GW, wind manufacturing of 5 GW, green hydrogen of 10 GW and electrolyser of 5 GW, as per an official, committing an investment of Rs 4.1 lakh crore.

good habits — because good habits are not so deep-rooted as bad habits. Good habits need much sacrifice on your part, so, very few people try to cultivate good habits. And even those who try to cultivate good habits try very few good habits; just underneath, there are many bad habits. First, try neutral, then good, then move by and by to bad habits. And, finally, remember that each habit has to be made aware. Once you have become aware of your whole habitual pattern, that habitual pattern is your mind. Any day the shift will happen. Suddenly, you will be in no-mind — when all the habits of your life have become aware… Any day, when that situation, that point, comes — at one hundred degrees — suddenly, a shift will happen....

Autoroute du Soleil violet, the ribbons of cars tapered off. Rex Hofman and Saskia Ehlvest had been travelling for ten hours, and were still about one hour removed from the end point of their first stage: a hotel in Nuits-St-Georges, not far from Dijon. That lay a bit off the most logical route, but Saskia had found the name worth the minor detour.

Mementos ranging from sports shoe and other items of paralympic medalists to replica of Ram temple and even a silver veena — all gifts received by Prime Minister Narendra Modi — are set to be auctioned soon, and the base price of all the items together comes to around Rs 1.5 crore, Culture Minister Gajendra Singh Shekhawat said on Monday. Shekhawat conducted a walk-through of the exhibition showcasing the prime minister's mementos at the National Gallery of Modern Art here. Addressing a press conference later, he mentioned that the base prices for the auction of these gifts are set by a government committee, with prices ranging from as low as Rs 600 to as high as Rs 8.26 lakh.