Digital Financial News

Companies like Barclays, TransUnion, and OakNorth among others are hiring leaders in technology, particularly for roles in cloud, artificial intelligence and machine learning, but also cybersecurity, risk management, and compliance. BFSI GCCs employ between 3,20,000-3,60,000 professionals, accounting for 20-25% of the total GCC workforce, and 30% of digital banking products produced globally are developed in India, according to ANSR, which specialises in setting up and managing GCCs. Those in the BFSI space are not hiring as strongly as some other sectors, but there is a steady rise in demand for leadership roles in banking and markets operations, and in asset and wealth management, it said.

Alec Baldwin and Stephen Dorff dive into the perilous world of logging in the trailer for Clear Cut. Lionsgate will release Brian Skiba’s thriller both theatrically and via digital and on-demand on July 19.

ISRO Chief S. Somanath recently announced that Bhuvan offers users data that is ten times more detailed than what Google provides.

CBI on Friday arrested the principal and vice principal of a school in Jharkhand's Hazaribagh in connection with the NEET-UG paper leak case, officials said. Ehsanul Haque, the principal of Oasis School, was made the city coordinator of Hazaribagh for the medical entrance exam conducted by the National Testing Agency (NTA) on May 5, they said. Vice Principal Imtiaz Alam was designated as the NTA's observer and the centre coordinator at the Oasis School, officials said, adding the CBI is also questioning five more people from the district in connection with the paper leak case. The federal probe agency arrested Haque and Alam after detailed questioning, they said.

India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday. In a major reform of the international tax system, India and the US have joined 134 other members of the OECD/G20 Inclusive Framework (including Austria, France, Italy, Spain, and the UK) in reaching an agreement on October 8, 2021, on the statement on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. On October 21, 2021, the US and Austria, France, Italy, Spain, and the UK reached a political compromise on the transitional approach to the unilateral measures in force while Pillar 1 is implemented. On November 24, 2021, India and the US agreed that the same terms that apply under the October 2021 Joint Statement shall apply between India and the US with respect to India's charge of 2 per cent equalisation levy on e-commerce supply of services and the US' trade action regarding the said Equalisation Levy.

With the gaming and blockchain communities brimming with anticipation, DigiHorse Empires is set to launch the presale of its $DIGI token, marking a pivotal opportunity for early adopters to engage with a platform that’s poised to revolutionize Web3 gaming in 2024.

Basket style air fryersBasket-style air fryers are small and compact, ideal for limited counter space or those needing a portable option. They have a smaller cooking capacity than countertop or toaster oven models but can still cook various foods.

7th Central Pay Commission: Since the implementation of 7th Pay Commission, the Central Government Health Services (CGHS) has seen multiple changes, including revision in subscription rates, rules for entitlement of wards and limit of treatment. In April this year, one more change was announced – the Centre asked all CGHS beneficiaries to link their CGHS ID with Ayushman Bharat Health Account (ABHA) ID. But now, the decision has been put on hold until further notice.

Question: Since the concessional tax regime u/s 115BAC of the I-T Act has now been made the default tax regime for individual taxpayers, kindly guide us on switching between the tax regimes.

The Indian real estate industry has achieved remarkable growth figures in recent quarters. As the Union Budget 2024 approaches, there is optimism within the sector for significant reforms to be announced. Through the allocation of resources and the implementation of favorable policies, the government has the power to accelerate the growth of this industry, leading to job creation and economic stimulation.

The Indian wedding industry, valued at $130 billion, is dynamic and multifaceted, comprising a range of products and services. Among the major categories of these products and services are jewelry, apparel, event management, catering, photography, entertainment, etc.

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Independent credit ratings provider S&P Global Ratings has joined the Monetary Authority of Singapore’s Project Guardian to explore asset tokenization.

An analysis of equities over the past four quarters revealed nine stocks that have consistently achieved gains of at least 25% in each of the last four quarters, thereby transforming into multibaggers.

South Korean experts think the dangers of crypto pump and dumps remain, and argue that an AI-powered “prior detection system” would protect investors.

Bitcoin mining has become as cost-intensive as ever since the halving, with the asset’s “hashprice” at its lowest levels ever over the past two months, according to Hashrate Index data.

A group of nonprofits argued in a legal filing that the federal law requiring TikTok’s parent company to sell the platform, or face a ban, is an unconstitutional measure that restricts speech and makes it impossible for users to associate on the app

Chess.com posted on its official blog in December 2022. The platform saw its total users go from 25 million at the beginning of 2020 to 75 million in 2021 to over 100 million users in 2022 globally. While Chess has been integral to Indian culture since ancient times, the sport has today gained popularity worldwide, and is played in almost 200 countries.

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Hindustan Zinc has given multibagger returns, surging almost 105 percent. It was followed by Vedanta, which jumped over 68 percent and Jindal Stainless, up over 40 percent. Meanwhile, JSPL, NALCO, and Tata Steel also advanced between 20 and 40 percent.

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has expressed concerns over the ongoing legal disputes between cryptocurrency exchange Binance and the Nigerian government.