Digital Financial News

The Worldcoin Foundation, the organization behind the digital identity project OpenAI CEO Sam Altman co-founded, unveiled a developer preview for its upcoming World Chain blockchain.

The Russian Central Bank will finally expand its digital ruble pilot in September, widening its CBDC’s reach “by tens of times.”

income tax refund after you file the income tax return (ITR) for that year. However, the income tax refund will only be issued after the tax department processes your ITR and sends you an intimation notice confirming it. This intimation notice is issued under section 143 (1) of the Income-tax Act, 1961. This year, the returns need to be filed for FY 2023-24 (AY 2024-25) with the current deadline being July 31, 2024. The refund for income tax is processed by the State Bank of India (SBI) and is directly deposited into the bank account that the taxpayer has designated in their ITR at the time of filing. Therefore, it is crucial to double-check that the correct bank account number and IFS code have been provided. Additionally, it is important to have the bank account pre-validated on the government's new income tax e-filing portal and to link the PAN with the bank account. Also Read: How to pre-validate bank account to receive income tax refund

Ramon Talwwar, Managing Director and CEO of ACME Group, expressed his heartfelt gratitude for the investor confidence. "We are immensely grateful for the support we have received.

Amazon warehouse and delivery workers in India are enduring intense pressure and unsafe conditions while struggling to support themselves with insufficient pay, the UNI Global Union said on Wednesday. “Four out of five warehouse workers reported that the targets set by Amazon are difficult or very difficult to achieve and only 21.3% of warehouse workers and drivers believe the work environment at Amazon is safe,” it said in its report published in partnership with the Amazon India Workers Association (AIWA) and based on the survey responses of 1,838 participants or Amazon employees in India. Commissioned by UNI Global Union and conducted by Jarrow Insights over 50 days from February 2 to March 22, 2024, the survey used both on-site and digital methods to ensure a representative sample of Amazon’s workforce in India.

Popular multichain wallet provider Exodus recently announced the launch of its Exodus Passkeys Wallet, a self-custodial stand-alone solution with the easiest on-ramp experience and developer integration on the market.

There's more upheaval in the media business

Best tyre inflator for car: Top 10 options to rev up your tyre maintenance and stay stress-freeThe Ajjas Lite GPS tracker offers a comprehensive vehicle security solution with its remote engine lock feature, live tracking, geofencing, and overspeed alerts. Its discreet design and low battery consumption make it easy to install and use without draining your vehicle's battery.

anime series, My Happy Marriage, have been eagerly awaiting news about the second season. With the first season wrapping up in a thrilling manner, anticipation is high for the next installment. Here’s everything you need to know about My Happy Marriage season 2, including its potential release date, cast, plot, and more. Season 2 Greenlit

Deutsche Bank-owned DWS announced the launch of the company as part of their wider plan to go live with the new euro stablecoin next year, marking a significant step for the European financial sector considering DWS manages assets worth €941 billion. The cryptocurrency is set to be regulated by Germany’s Federal Financial Supervisory Authority (BaFin) as DWS looks to be the first company being granted a German e-money licence for a stablecoin. The newly created company, AllUnity, is a collaboration between DWS, Flow Traders, and Galaxy Digital, working together to introduce the new stablecoin. Stefan Hoops, CEO of DWS, commented that the stablecoin will gain interest from a broad range of clients, including digital asset investors and industrial applications.

Mint. Bangladesh—that has a market reminiscent of India from 15 years ago when the TV-viewing landscape was predominantly analogue—presents a significant opportunity for both the companies. “As we make our foray into Bangladesh, we find potential partners eager for our platform.

Nicola Coughlan's performance in the upcoming Christmas special, teased by writer Steven Moffat. Known for her role in Bridgerton, Coughlan was spotted filming in Wales last year for the iconic sci-fi series, with showrunner Russell T Davies confirming her involvement in the 2024 festive episode, as mentioned in a report by Digital Spy. A Heartbreaking Performance Steven Moffat, while remaining tight-lipped about the specifics, hinted at Coughlan's impactful role. «Nicola is wonderful in it. She will break your heart,» Moffat shared in a recent interview with Ireland AM. Despite his enthusiasm, Moffat refrained from divulging further details, adhering to the secrecy surrounding the episode.

European Union regulators have accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them

Saurabh Mukherjea, Founder & CIO, Marcellus Investment, says a new India is being born – the challenger franchises, roughly 6,000 companies below the top 800. The top 800 companies are the rulers, they make profits of around $60 million. But the fastest profit growth in the country is in the 6,000 companies below the top 800. According to Mukherjea, their job, in the last year, increasingly has been to load up on these new businesses as India's profit landscape changes dramatically. What are the key highlights of your new report and research study and what triggered it? Saurabh Mukherjea: What triggered it is in the two years after COVID, we realised that while the investee companies were continuing to generate 20% profit growth, there was a whole ecosystem of smaller companies – around 6,000 smaller companies – which are growing profits at 30-35%. These are not PE or VC-funded companies but were perfectly ordinary smaller companies that are growing profits at a rapid rate.

Stocks that are trading heavily or have substantial price changes on Tuesday: Assured Guaranty, Kymera rise; BP, Helen of Troy fall

Bitcoin (BTC) traded above $56,000 Monday afternoon, sliding amid movements of funds on the blockchain by addresses connected to failed bitcoin exchange Mt. Gox.

The European Union says blue checkmarks from Elon Musk’s X are deceptive and that the online platform falls short on transparency and accountability requirements

Deepak Shenoy, Founder of Capital Mind, says that in the case of options trading, we need to increase regulatory oversight, create a mechanism so that the systemic risk is addressed, and allow for such highly leveraged traders to either bring in more capital to the table either by a margin increase or by an increase in lot size. The Indian options market is currently clocking volumes that on days are higher than India's GDP. The option market has seen activity like never before and we have seen historically when the options market is dominated by a lot of retail activity, it ends up very badly. What is the best way to protect the investor and also ensure that the market liquidity is not compromised? Deepak Shenoy: I would question the second part whether options market retail participation being very high has harmed the market because we have always had a retail run market for the longest time, both in cash and we know the biggest traders in the market on an intraday basis are retail traders, not institutions. And even in options, that has been the case. There is a large amount of them. So, I do not think there is necessarily a need to say that there are too many of them playing this market and therefore we should stop it.

Social media intermediaries have pointed to undoing behavioural tracking of children, verifiable parental consent (VPC) and targeted advertisements as the biggest concerns with the data law. The Rules for the Digital Personal Data Protection (DPDP) Act, which will provide teeth for enforcement of the law, are expected soon, and companies are hoping the government will address their concerns.

improve the accessibility of all government websites, digital applications, and services in the government-to-government, government-to-business or government-to-citizen space, a senior government official told ET. The ministry of electronics and information technology will anchor this project and suggest ways to improve page and website loading times, have better user interfaces on websites and apps, and make them more accessible for people with disabilities, the official said.

The excitement surrounding meme coins on the Solana blockchain continues to surge, with Pandiana ($PNDA) emerging as a new project to keep an eye on.