Digital Financial News

The legal battle between Coinbase and the SEC heated up on July 3 as the cryptocurrency exchange sought to gain access to emails from SEC Chair Gary Gensler, claiming they held crucial evidence for its defense.

Every day brings a new project in crypto. And many of these projects are hitting the market with diverse improvements, but one sticks out: SpacePay. This London-based financial business focuses on simplifying crypto payments.

Kapil Wadhawan, erstwhile promoter of Dewan Housing Finance (DHFL), has moved the appellate tribunal NCLAT to challenge the NCLT order to initiate personal insolvency proceedings against him. Wadhawan has challenged an earlier order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which on April 2, directed to initiate of personal insolvency proceedings against him over the Union Bank plea. The matter was listed before a two-member bench of the National Company Law Appellate Tribunal (NCLAT), which has been adjourned to July 18 for the hearing.

₹25,000 in India, providing a detailed comparison of their specifications, advantages, and disadvantages. Our goal is to assist you in finding the ideal fridge that meets your specific requirements for storage space, energy savings, and additional functionalities.Each refrigerator is evaluated based on its storage capacity for perishable goods, its energy rating to minimise electricity usage, and any unique features such as advanced cooling technologies or smart connectivity options.

kurtas, all highlighting zardozi embroidery and a contemporary take on the age-old Banarasi textiles. Reddy believes that any couture showcase merits a physical showcase as one wants to touch and feel the garment. “How a couture ensemble moves on the ramp and catches light… it's important to showcase how a couture piece can be styled in innumerable ways," says Reddy, who opened her third retail store, in Mumbai's Kala Ghoda, in December, after two stores in Delhi and Hyderabad.

Banks are in a fix over the latest regulation from the Telecom Regulatory Authority of India (Trai) that mandates digital consent for sending commercial communication. Lenders have reached out to the government, seeking clarity on whether consent is needed even for sharing transaction details, a practice currently followed as per Reserve Bank of India (RBI) guidelines, people familiar with the development told ET.

₹1.5-lakh exemption under Section 80C of the Income Tax Act and, two, funds in the fixed deposit have to stay locked in for five years. There is now a demand to further liberalize this category of deposits. The other reason for slow deposit growth has been the banking sector’s near-stagnant physical presence.

Crypto firm Paxos has received full approval from Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) services.

Budget 2024: As Finance Minister presents Union Budget on July 23 that will set the roadmap for the next five years of Prime Minister's third term, the e-commcerce sector hopes for a push towards Open Network for Digital Commerce (ONDC) and amendment of overall policy. Read More: Budget 2024 date: Finance Minister Nirmala Sitharaman to present Union Budget in Lok Sabha on July 23 «My expectation from the Government of India is to promote ONDC further because ONDC is in a way becoming an e-commerce platform for the small traders of our country, so we should talk about the creation and amendment of the overall e-commerce policy and about the enhancement of platforms like ONDC which have been created by the Government of India...» said Vijay Shekhar Sharma, Founder of Paytm.

The Tron Network just hit a huge milestone: Tether’s USDT outpaced Visa’s average daily trading volume. In one day, USDT on Tron hit a whopping $53 billion. This shows how digital currencies are becoming a big deal in global transactions.

Corporate technology leaders across industries have been spending big on generative artificial intelligence over the past year. Now, they’re looking for returns to go beyond efficiency gains to actual dollars and cents, even as many admit it isn’t clear if and when they’ll start seeing them. A survey released today by professional-services firm KPMG shows that revenue generation has overtaken productivity as the primary gauge businesses use to measure AI’s return on investment.

Reasons to buyReasons to avoidThe Canon LBP2900B Laser Printer is a reliable choice for high-quality black and white printing. It offers fast print speeds and a high print resolution for crisp, professional-looking documents.

Staking allows token holders to participate as validators in a Proof of Stake (PoS) consensus mechanism by locking their tokens into a staking contract and running the associated validator software.

Dabur India and Marico climbed 4% and 6.5% to their respective day’s highs of Rs 633 and Rs 655 on BSE after the companies posted their Q1FY25 updates. Here are the company-wise Q1 updates:

In a world where digital innovation meets exhilarating entertainment, Digihorse Empires is breaking new ground and redefining the gaming landscape. This avant-garde platform blends the thrill of horse racing with the strategic depth of blockchain technology, crafting a unique ecosystem where every interaction is an opportunity for investment and enjoyment. With the highly anticipated Digihorse Empires presale on the horizon, savvy investors have a front-row seat to ride the next big wave in decentralized gaming.

Tata Play has ramped up its overseas play for white label solution it offers to global OTT aggregators following the latest collaboration with Akash Digital TV in Bangladesh. Under the collaboartion, Akash Digital TV will get to use Tata Play Binge's Cloud technology that seeks to simplify accessing content by bringing together shows and movies from various OTT channels onto one screen, through a single app and subscription. This unified interface helps OTT aggregators worldwide to focus on forming content partnerships and gaining subscribers. Harit Nagpal, managing director and CEO of Tata Play, said the collaboration with Akash Digital TV is a pivotal moment in their journey where international content delivery companies would benefit from Tata Play's tried technology to create localised offerings for consumers at a low cost and within a short time frame.

Consumer-facing fintechs, which worked with lending platforms like Liquiloans, LenDenClub, Lendbox and Faircent to source credit for their users, have also become cautious with their product strategies, said people in the know.

telecom companies, among the fiercest price warriors, have finally seen the light. They are raising tariffs, hoping Indians hooked on to prodigious amounts of data at dirt cheap rates won't be able to kick their browsing habit. It is a calculated gamble by Reliance Jio, Bharti Airtel and Vodafone Idea to raise revenue per subscriber to fund network expansion.

UPI to pay in Paris' Galeries Lafayette. India's Unified Payments Interface (UPI) has marked a significant expansion with its launch at the Galeries Lafayette flagship store on Haussmann Boulevard in Paris. Following a successful introduction at the iconic Eiffel Tower earlier this year, this move aligns with Prime Minister Narendra Modi's vision to internationalize UPI, an instant payment system developed by the National Payments Corporation of India (NPCI) in 2016. The Indian Embassy in France announced on Thursday, «On July 3, 2024, UPI became operational at the flagship store of the world-renowned Galeries Lafayette in Haussmann, Paris. This extends the acceptance of UPI in Paris following its successful debut at the iconic Eiffel Tower.»

HSBC FLEXI CAP BASIC FACTS DATE OF LAUNCH 24 FEBRUARY 2004

hiring prospects in the space by around 15% when recruitment in general continues to remain soft in India’s $250 billion IT services industry. According to data from staffing firms, technology services providers are poised to ramp up ER&D recruitments to sustain and enhance their global competitive edge.