Digital Financial News

Reasons to buyReasons to avoidThe Pigeon Healthifry Air Fryer uses rapid air circulation technology to cook food with little to no oil, making it a healthier alternative to traditional frying. With a non-stick cooking basket and a 2.2L capacity, this air fryer is perfect for small families or individuals looking for a compact and affordable option.Reasons to buyReasons to avoidThe INALSA Air Fryer features a 2.3L capacity and uses rapid air technology to fry, bake, grill, and roast with little to no oil.

Offline fashion discovery and savings platform Magicpin has reported 100% year on year increase in terms of brand on-board, as it added 1000 brands across fashion, QSR, and fine dine category. It has also added more than 75,000 local merchants in the last 12 months, taking the total to 2,75,000 merchants and 3,000 brands till date. 80% of these merchants became transactional within the first month of onboarding and witnessed substantial growth in the same month.

Bitcoin's (BTC) price rose to more than $59,000 in the early U.S. hours Wednesday before settling back to the $57,400 level in the afternoon. The largest cryptocurrency by market cap remained range-bound amid selling pressures from Germany and bitcoin exchange traded fund inflows.

Bengaluru/Mumbai: In the run-up to the Union Budget 2024, Indian fintech firms are seeking regulatory clarity, hassle-free licensing procedures, tax considerations, and provisions for financial inclusion to facilitate easier access to credit for small and medium enterprises (SMEs), in their wishlist for the finance ministry. As the fintech industry looks to deepen their presence, they seek a clearer regulatory framework that establishes legal recognition, licensing procedures and supervision which will help level the field with traditional lenders.

Zurich, July 5: Tangem AG, the leading global provider of secure hardware wallet solutions, is thrilled to announce a partnership with Visa, a world leader in digital payments, to enable an innovative self-custodial payment solution for hardware wallets.

travel industry to digitally transform its expanding air cargo operations. According to an IBS Software statement here on Tuesday, Air India has chosen IBS Software's iCargo solution to support its growth plan and commitment to the airline's ongoing digital transformation. «IBS Software's fully integrated iCargo solution will enable Air India to digitise end-to-end cargo management, allowing seamless integration of numerous cargo operations, from sales to billing within a single, integrated platform. This will empower Air India to streamline processes and enhance decision-making capabilities,» it said. This partnership comes at a time when Air India has embarked on a significant digital transformation of its core businesses across passenger services, fleet, and cargo operations.

Bitcoin (BTC) shed more that 12% in the second quarter as investors appeared to sit on the sidelines looking for a new catalyst to counter dwindling spot Bitcoin exchange-traded fund (ETF) inflows and uncertainty about when the Federal Reserve might starting cutting interest rates.

Godrej Enterprises Group (GEG) — comprising the unlisted Godrej & Boyce and several closely held affiliates — is understood to be working on a strategic plan with the Boston Consulting Group to create integrated and scalable consumer and industrial solutions businesses. GEG aims to tap into synergies offered by business adjacencies to accelerate its growth after a recent realignment of revenue streams and companies in the century-old Godrej Group.

Standard Chartered’s crypto subsidiary Zodia Markets is reportedly in talks to acquire the over-the-counter (OTC) business of Elwood Capital.

Netflix's smash-hit series «Squid Game» can rejoice as the highly anticipated second season is set to return in 2024. Actor Lee Jung-jae, who plays the lead role of Gi-hun, hinted at a potential release window in December, heightening excitement among viewers.

In many ways, the convergence of digital currencies and entertainment was simply a matter of time. And since the inception of the first memecoin, countless tokens have dipped—and, in some instances, plunged—into the world of animation. Today, one specific crypto token that is standing out, turning heads, and making noise in the industry is $MEW . Now, $MEW has announced a partnership with LOCUS Studios, two leaders coming together to effectively redefine storytelling via avant-garde animation and blockchain technology.

Tata Digital as CEO, the resignation of Paytm Payments Bank MD and CEO Surinder Chawla, and the appointment of Rakesh Singh as CEO of Paytm Money, among others. ET analysed the top-level movements with data from executive search firm Longhouse Consulting.

Time Bandits," featuring Friends star Lisa Kudrow in a lead role, set to premiere later this month. A Cult Classic Adaptation Adapted from the beloved British cult classic film of the same name, «Time Bandits» promises to bring a fresh twist to its live-action comedy format. The series revolves around a misfit group of thieves embarking on a daring mission to rescue the parents of 11-year-old Kevin – and safeguard the fate of the world.

tax policy by imposing a 1% Tax Deducted at Source (TDS) on the transfer of Virtual Digital Assets (VDAs), alongside a flat 30% tax on income from these transactions. The Budget also did not allow for set off and carry forward of losses. The taxation framework aimed to monitor VDA transactions, discourage speculative trading, and ensure steady tax revenue. However, recent analyses indicate that these objectives have not been met, prompting calls for urgent reform. Unintended Consequences of the 1% TDS

Reasons to BuyReasons to Avoid2. LG 32 inches HD Ready Smart LED TVThe LG 32-inch LED TV offers a crisp picture quality with its high definition resolution and 60 Hz refresh rate. The TV comes with smart features such as Digital Assistant to answer all your questions or control smart home devices.

Reasons to buyReasons to avoidThe Bergmann Typhoon Tyre Inflator in Blue is a reliable and durable option for inflating tires. Its sturdy construction ensures long-lasting performance, while the compact size makes it easy to carry and use.

New Jersey gambling regulators have fined DraftKings $100,000 for reporting inaccurate sports betting data to the state

The Association says Big tech companies should be forced to pay compensation to victims of fraud on the basis of the ‘polluter pays’ principle. The lobby group has also been increasingly vocal on the reimbursement rules set to be introduced by the Payment Systems Regulator which have set a maximum mandatory refund by banks for APP fraud victims to £415,000.

Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, content creation and product returns, group vice president Kaifu Zhang said. Speaking on stage at the Next Conference in Singapore, the executive, who heads Alibaba International Digital Commerce's artificial intelligence (AI) initiative, said he was bullish on AI's potential for the company, even in the face of increasing tensions between China and the U.S.

Nigeria’s Minister of Finance and Coordinating Minister of the Economy has called upon the newly inaugurated board of the Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies.

jazz LPs that my father played — but when I started hanging out with fellows a little older than me, the compact music cassettes that they played in their dens. It was a transactional thing. I was still in school. They were already in college. As the youngest in the group, I had a price to pay for being allowed to be around. It was a task, really. I was given a pencil and a bunch of cassettes and my task was simple: I had to spin each cassette like a Buddhist prayer wheel till they got fully rewound and ready to play. No one wanted to waste their sessions rewinding cassettes on the tape deck. Hence, the deployment of a slave.