Digital Financial News

₹10,000 crore towards the AI mission highlights the importance of leveraging cutting-edge technologies to drive inclusive growth. By providing support for AI research, the government is paving the way for startups to harness the power of AI to tackle complex challenges across sectors. The initiative to open India’s mutual fund industry to small-ticket investments marks a significant milestone in financial inclusion and saving.

Bloomberg poll of analysts, showed the Noida-headquartered company may grow revenues by 4.7% in FY24, the best by a large-cap firm in India's $253-billion IT services industry. In comparison, Tata Consultancy Services (TCS), India’s largest IT services firm by market value, could end the year with a slightly slower revenue growth of close to 4%, driven by what Nomura and HDFC Securities project could be a 1.5% sequential growth in dollar revenue in the March quarter. TCS’s revenue growth in the quarter could be driven by a digital transformation deal it won from state-run telecom operator Bharat Sanchar Nigam Ltd.

Cirus (CIRUS-USD) , an emerging multi-chain cryptocurrency project focused on Web 3.0 applications, is set to embark on a transformative journey as it enters Stage 2 of Deployment. With a market capitalization hovering around just $2.5 million, CIRUS offers significant upside potential, poised to capitalize on expanding community engagement and adoption.

Steve Cohen, the billionaire founder of Point72 Asset Management, allocated a modest portion of his portfolio to Bitcoin at the encouragement of his son.

A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative, “Project Agora,” to explore the potential of tokenization to enhance existing financial systems.

Managing one's personal finances can seem like a hodgepodge of never-ending checklists and rules of thumb.

In this article, we have curated a list of the best AC covers for 1 Ton in India which you can use to cover your AC so that you can protect it against dust, debris, and weather elements. This will help the air conditioner prolong its lifespan and maintain its optimal performance. Dive into the article to find your preference and place your order using the given buying link.

Bitcoin ETF in his portfolio. As per the affidavit, the three-time member of parliament Shashi Tharoor holds a Bitcoin ETF worth Rs 5,11,314.

Personal loans are loans that are not secured by collateral, such as a car or house. This makes them versatile for a variety of purposes, including travel. The following are some factors to consider before taking out a personal loan for travel:

Investing.com-- Bitcoin price fell slightly on Thursday, seeing little relief as risk appetite remained largely frail amid uncertainty over U.S. interest rates, while signs of easing capital flows also weighed. 

Prime Minister Narendra Modi on Wednesday told BJP workers of Uttar Pradesh that it was because of their efforts that new electoral records were being made while asking them to work with a resolve to break all old poll records in the general elections. The prime minister was interacting with the Uttar Pradesh BJP workers through a digital rally at 22,648 booths in 10 Lok Sabha seats through the NaMo App. BJP's booth management is widely credited for its decisive victories in UP in all the major elections since 2014. «We know that no matter how big a victory we wish for in elections, if we don't win booths, we can't win elections and thus the soul of an election victory is in the victory of a booth. This is why it is always my appeal that we have to work with only one aim: We will win our polling booth. We will work with the resolve of breaking all old records of winning polling booths,» Modi told the workers.

The compliance function in banks is the nerve-centre that performs a vital role in preserving organizational resilience and stability. Equate it to our cardiovascular system. Just as a weak heart can debilitate the body, even result in a sudden demise, so can inept and deficient compliance take a toll on a bank’s health, with serious implications for the entity as well as the financial sector.

It is likely to be taken up as part of the near-term agenda and could be rolled out by the end of the year, they said. The move, on the lines of the national population register, is aimed at building a comprehensive database of available organ donors to meet increasing demand for organ transplant in the country.

By promoting responsible lending practices and enhancing credit risk management, secured credit cards contribute to a healthier financial ecosystem, says Rakshit Agarwal, Co-founder, Rupicard.

hand-painted oil painting reproductions comes into play, offering a bridge to owning a piece of history and beauty without the astronomical price tags of original works. Choosing the right reproduction is not merely a matter of aesthetics but also of connection and appreciation for the art form itself. The tradition of reproducing artwork dates back to the Renaissance, a time when apprentices learned their craft by copying the masters.

₹54 lakh (ex-showroom), has been reintroduced to the Indian market after a year, following the implementation of stricter BS6 phase 2 emission norms. The Skoda Superb re-enters the Indian scene as a completely built unit (CBU), with Skoda launching only 100 units of this elegant sedan, with deliveries slated to commence later this month.

Chase is the latest company to bring its data to bear on behalf of advertisers. The JPMorgan Chase bank on Wednesday said a new unit called Chase Media Solutions will let marketers tempt Chase customers with targeted deals and discounts related to their spending history. Chase joins a variety of businesses from Best Buy to Uber that have begun selling ad space on their apps, websites and other properties, often targeting messages by using their shopper and user data to generate revenue outside of their core businesses.

Samsung India on Wednesday announced the launch of a range of AI-powered home appliances and said it aims to exceed customers' expectations in the fast-growing premium appliances market. The new range of appliances with bespoke AI (artificial intelligence) will ensure smarter living for Indian homes and reduce energy consumption, contributing to a greener planet, the company said. «With our bespoke AI-powered home appliances, consumers will be able to customise their choices, get easy controls for elders and kids, and get seamless diagnosis for their home appliances. »With the transformative power of AI, we are confident that bespoke AI will strengthen our leadership in the digital appliances market in India," said J B Park, President & CEO, Samsung Southwest Asia.

NEW DELHI : The Delhi high court on Wednesday dismissed a plea that sought directives for the Centre to implement measures ensuring the confidentiality of personal data collected by international travel companies during ticket bookings. The plea raised concerns about the potential misuse of Indian citizens' data, including Aadhaar and passport details, by three foreign-owned corporations: MakeMyTrip, GoIbibo, and SkyScanner.

The recent surge in Bonk’s trading volume to $150 million has sparked intense speculation about its future trajectory, with some analysts suggesting a potential 10x increase.

Agora, co-founded by Jan Van Eck’s son Nick Van Eck, has successfully raised $12 million in a seed funding round led by Dragonfly to launch a new stablecoin.