Digital Financial News

Customers with funds locked up in crypto exchange Gemini's defunct crypto lending program are finally going to start getting their money back.

T20 World Cup 2024 full schedule: The International Cricket Council (ICC) Men's T20 World Cup 2024 is just days away, and some teams are already in the United States practising for the upcoming marquee tournament. Rohit Sharma-led Team India squad landed in New York on Monday and was seen conducting team-building exercises on Wednesday.

DAYS OF PLAY' sale begins today and will continue until June 12th or while supplies last. These offers can be availed through various retailers, including Amazon, Blinkit, Croma, Flipkart, Reliance, Sony Center, and Vijay Sales, among others.One of the highlights of the sale is the PlayStation 5 Slim, which now comes with a price cut of ₹5,000.

real estate and mutual funds. Among these, investing in gold has always held a special appeal, often seen as a safe and stable investment. Gold can be invested in various forms, including jewellery, digital gold, sovereign bonds, gold mutual funds, and gold ETFs.

Elon Musk, plans to enroll three patients in a study to evaluate its device, as per a Reuters report. The study, which is listed on the United States government's clinical trials database, is expected to take several years to complete.Originally, the company aimed to enroll 10 patients when it applied to US regulators to begin clinical trials, as reported by Reuters last year.

The crypto market is buzzing with excitement over the Shiba Showdown event by Shiba Shootout. With a surge in interest, investors and fans are speculating if this could be the beginning of the next meme coin frenzy. Discover why Shiba Shootout has captured the attention of the community and what sets it apart.

One97 Communications on Wednesday responded to a media report claiming that Adani Group chairman, Gautam Adani, is likely considering acquiring a stake in Paytm's parent company One97 Communications. «We hereby clarify that the abovementioned news item is speculative and the company is not engaged in any discussions in this regard. We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,» communicated the company in an official statement. Read More: Adani's fintech play: Gautam Adani likely in talks with Vijay Shekhar Sharma to acquire stake in Paytm's parent co

After brief but sharp price jumps last week, bitcoin (BTC) and ether (ETH) headed lower Tuesday.

₹3,000 crore, including a green-shoe option to raise up to ₹1,500 crore more.The late-stage fund, which will focus on large-cap investments in private markets, intends to make 10-12 investments, with an average ticket size of ₹200-300 crore each, Avendus said in a statement on Wednesday. The fund will target sectors such as financial services, consumption, digital and technology, healthcare, and manufacturing."With Avendus Future Leaders Fund III, our approach remains straightforward - harnessing the vast potential of late-stage private opportunities while co-opting the existing financial sponsor ecosystem," said Ritesh Chandra, managing partner, Avendus Future Leaders Fund.

In September, Salame pled guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission and conspiracy to operate an unlicensed money transmitting business. Salame was a close ally to FTX founder Sam Bankman-Fried, who in March was sentenced to 25 years in prison for stealing $8 billion from customers. Between 2019 and 2021, Salame was a high-ranking official at Bankman-Fried's quantitative crypto trading firm Alameda Research.

One Person, One File" (OPOF) mass surveillance program represents an escalation of China's efforts to create a ruthless digital censorship. Under this prospective system, Shanghai aims to triple its deployment of facial recognition cameras, compiling exhaustive personal data files on every single resident, China experts told ET. It encapsulates the Chinese Communist Party's remorseless efforts to strangle human freedom through Orwellian levels of technology-enabled social control. OPOF is more than just another Benthamite panopticon surveilling the watch. It is an attempt to construct an omniscient digital surrogate for every Chinese citizen — an individualized file encoding each person's relationships, activities, behaviors and very existence into ones and zeroes for the Party's domineering oversight, according to China experts

What are buyers saying on Amazon?Buyers are satisfied with the air compressor due to its exceptional quality, user-friendly interface, and compact size. Opinions vary when it comes to the value, accuracy, and overall build quality of the air compressor.Why choose this product?Choose this tyre inflator for its durability, rapid inflation, ease of use, safety features, and versatility for different types of vehicles and accessories.The Qubo Smart Tyre Inflator Pro has been crafted to provide efficient and convenient tyre inflation.

PayPal hopes to boost its growth by starting an ad network juiced with something it already owns: data on its millions of users. The digital payments company plans to build an ad sales business around the reams of data it generates from tracking the purchases as well as the broader spending behaviors of millions of consumers who use its services, which include the more socially-enabled Venmo app. PayPal has hired Mark Grether, who formerly led Uber’s advertising business, to lead the effort as senior vice president and general manager of its newly-created PayPal Ads division.

With this co-branded credit card launch, Poonawalla Fincorp marks a significant milestone in their ongoing commitment to providing tailored financial solutions to meet the evolving needs of their valued customers.Abhay Bhutada, Managing Director, Poonawalla Fincorp, expressed his views on the significance of this partnership: “We are excited to launch the ’IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’, which reflects our commitment to enabling dreams of our customers. By offering this card, we aim to enhance engagement with our existing customers digitally while also extending our reach to new customers."About Poonawalla Fincorp LimitedPoonawalla Fincorp Limited (“the Company") is a Cyrus Poonawalla Group promoted non-deposit taking systemically important non-banking finance company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).

commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related issues under these agreements, an official release said on Tuesday. The commerce ministry in the release stated that the 'Chintan Shivir' was organised on May 16-17 at Neemrana, Rajasthan. «The Shivir facilitated discussions on various issues related to negotiations of Free Trade Agreements (FTAs) by India, its position and strategy that should be adopted for such negotiations,» the ministry said. The participants also deliberated on standard operating procedures (SoP) for FTA negotiations, capacity building and resource management for trade negotiations as well as certain contemporary issues under modern FTAs such as labour, environment, and gender.

One in three voters in the United States considers a candidate’s position on cryptocurrencies before making their voting decision.

Delhi police have filed a supplementary chargesheet containing more digital and forensic evidence reports to nail Aaftab Amin Poonawala, who stands accused of killing his live-in partner Shraddha Walkar and dismembering her body, court sources said on Tuesday. The nearly 3,000-page chargesheet was filed before metropolitan magistrate Aviral Shukla, they said. Poonawala is alleged to have strangled Walkar and chopped her body into pieces in the national capital's Mehrauli in May 2022 before scattering the body parts in different areas of the city to escape detection. He has been charged under sections 302 (murder) and 201 (causing disappearance of evidence of offence) of the Indian Penal Code.

Sriraman Parthasarathy, Partner, Deloitte India, says, “The role of CTrO involves overseeing trust-building initiatives by continuously assessing the trust levels within and outside the organisation. The trust framework chosen by the organisation would typically include several domains covering interalia corporate culture, employee satisfaction, compliance, digital, customer experience, etc. While trust building is a collective responsibility within the company, having a CTrO often makes one person directly accountable to the board, due to the critical and overarching nature of the role.” Shantanu Rooj, Founder and CEO, TeamLease Edtech, explains that the underlying reasoning for this designation is the rising importance of trust in today’s world. The pace of digital transformation, increasing polarisation of media, geopolitical uncertainty and increasing expectations of stakeholders make trust a top-of-mind issue for executives. As more business functions seek to demonstrate trust, the chief trust officer has emerged as a strategic leader to help build trust across the organisation and the surrounding ecosystems.

Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors.

Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert cryptocurrency donations provided by certain crypto businesses into cash.

United Spirits (USL) surged 3% on BSE in Tuesday’s session to the day’s high of Rs 1,196 after the company on Friday reported a two-fold increase in consolidated net profit to Rs 241 crore for the March quarter. USL’s revenue from operations was up 12.41% year-on-year (YoY) to Rs 6,511 crore during the quarter under review from Rs 5,792 crore a year earlier while the total expenses in the March quarter were up 10.9% to Rs 6,279 crore.