Digital Financial News

As the ‘halving’ event nears, Bitcoin price predictions become increasingly significant, with the current value at $66,125 hinting at future trends.

Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions, according to a press release Tuesday.

Regalia Gold Credit Card opens up a world of benefits and rewards, including a complimentary Club Vistara Silver Tier and MMT Black Elite membership on purchases of ₹1 lakh within 90 days of card issuance as part of welcome benefits. In addition, each time you hit a spend milestone, you can earn yourself vouchers from some of your favourite brands like Marriott, Myntra, Marks & Spencer, or Reliance Digital when you spend more than ₹1.5 lakh in every calendar year quarter.

Either you adapt or you die - that’s the sentiment across the globe when it comes to the adoption of digital assets, including cryptocurrencies, by traditional banks.

«Lot size has reduced for Fin Nifty as well and we have noticed in last couple of months that Fin Nifty activity also started to rise. So, ultimately as per the exchange rule, they try to maintain the contract value near 5 lakhs,» says Chandan Taparia, Motilal Oswal. Just wanted to start off by getting in your take as to what exactly the outlook is on the back of Fin Nifty and the Mid Cap Nifty lot sizes being cut. So, like as per recent circular, NSE has announced a revision of market lot size for key indices. So, as of now the Nifty lot size was 50 and that is going to revise downward to 25.

Neerja Chowdhury, Journalist & Political Commentator, says “whether Sanjay Singh’s release has implications for the other three Aam Aadmi Party leaders who are in prison, including the chief minister of Delhi, remains to be seen. What view the Supreme Court takes, what happens if ED opposes their bail? The Prevention of Money Laundering Act was strengthened in 2008 to deny bail. So, it may not happen automatically unless the Supreme Court takes a strong view on it. ” How significant is the Supreme Court granting bail for Sanjay Singh in the wake of what is happening with Arvind Kejriwal right now? Neerja Chowdhury: I think Arvind Kejriwal's arrest in the middle of an ongoing election has created a sense of too much happening. I went to the Ramlila grounds where the rally was held and that is a general sense I got by talking to the people of Delhi.

Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund Trian Fund Management, people familiar with the matter said on Tuesday. Enough votes had been cast as of Tuesday evening to put Disney's board directors safely ahead of Trian's two challengers, that included Peltz and former Disney chief financial officer Jay Rasulo, the sources said.

Nebraska lawmakers have advanced a bill that would raise the state’s sales tax by 1 cent to 6.5% on every taxable dollar spent

Markets regulator SEBI has mandated KYC (Know Your Client) compliance for investors before starting investments in a mutual fund scheme. WHAT IS THE PROCESS FOR COMPLETING KYC BEFORE STARTING MF INVESTMENTS? To open a folio for investing in a mutual fund, an investor has to fill up the KYC form and attach valid proof of identity (POI) and proof of address (POA) documents as prescribed. The fund house or a SEBI-registered entity (SRI) will open a folio or an account and register the documents with one of the KRAs (KYC Registration Agencies) if not available in any of the KRA records. Valid POI documents include Aadhaar, passport, driving licence, voter ID card, NREGA job card or any other document notified by the Union government in consultation with the regulator. It is important to note that from April 1, bank statements or utility bills will not be considered as officially valid documents to complete the KYC process.

Singapore has taken steps to expand its crypto regulations by including the custody of tokens and firms involved in fund transfers. 

Cryptocurrencies have sparked a global debate on the future of financial transactions, with a particular focus on their integration into daily payments. 

Poodl Inu (POODL) , a revolutionary meme coin with real-world utility, has breached yet another milestone in its presale, raising an $2.3 million from eager investors. As the project continues to gain traction, the potential for a 50x growth in value upon listing on exchanges is becoming increasingly plausible, setting the stage for an unprecedented surge in the crypto’s price.

interest rates to individuals with lower credit scores. As a result, you’ll end up paying more in interest throughout the loan’s duration. Alternatively, if you don’t meet the minimum credit score requirements, you can consider other options like NBFCs, digital lenders, peer-to-peer lending platforms, or loans against gold or mutual funds for personal financing.

IT services companies recorded their first rise in the past 20 months, with the total number of open positions accepting applications rising to 82,000 in March from a low of 50,000 in January this year, data from LinkedIn and other top job boards showed. But on the back of dipping attrition, the collective gross hiring by the top IT services companies fell 4-6% QoQ in the quarter ending March, shows an analysis done for ET by staffing firm Xpheno, based on talent movement patterns in the January-Mar period. The analysis looked at Wipro, Infosys, TCS, HCL, LTI Mindtree, L&T Technology Services, Tech Mahindra and Cognizant.

MyGate has announced changes to its management team. The firm has elevated cofounder Abhishek Kumar, who was previously the chief operating officer, to the position of chief executive. Kumar has previously served as vice-president at American investment bank Goldman Sachs. Meanwhile, cofounder Vijay Arisetty, who previously served as the chief executive, has now taken the role of chairman of the board. According to the company, Arisetty will guide the team on the firm's strategic direction and continue to mentor the leadership team.

GE Vernova, which houses General Electric's (GE) renewable energy, power, and digital businesses on Tuesday said its spin-off from GE is complete and it will begin trading as an independent company on the New York Stock Exchange under the ticker symbol GEV. In 2021, General Electric decided to split its businesses into GE Healthcare, GE Aerospace, and a third unit, GE Vernova.

Mumbai, 1April 2024: Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has launched a premium payment service on its WhatsApp platform marking the first-ever launch of its kind in the life insurance sector. Previously limited to UPI-based transactions, Tata AIA consumers can now use a wide range of payment methods within WhatsApp.

The report from Juniper Research predicts that embedded finance revenue will exceed $228bn by 2028 thanks to advances in technology.

₹40,000 after forex conversion). Vasani was not the only Axis Bank credit card holder targeted that day. There were many others, all Axis Banks customers, who were victimized by a series of international fraudulent transactions .

In a stock exchange notice today (28 March), DGI9 said the valuation of the portfolio as at 31 December was £1.08bn, which represents a 5.6% decline since 30 June 2023. The decline principally relates to a 16% fall in the value of Verne Global, which has been valued at £398.3m, including gross proceeds already received and deferred consideration due to be received from its sale to Ardian, as well as a possible earnout. Excluding Verne, the portfolio was valued at £684.1m, up 1.6% since 30 June and down 1.2% since the end of 2022.  Digital 9 Infrastructure shareholders overwhelmingl...

Manav Chopra, Director- Technical Analyst, Nuvama Institutional Equities, says in general, Nuvama likes metals, defence, power and mid-tier PSU banks. That is how they have selected the stocks within this space. Further, he says usually, markets do not remain oversold for a longer period of time in an ongoing bull market. That is what has been witnessed recently in the midcaps and smallcaps. After the kind of reversals that was witnessed in the broader spaces, a lot of frontline names have not only seen a good rebound rally, but a few sectors within the midcaps and the smallcaps have also extended their gains and reached all-time highs.