Digital Financial News

Google has agreed to purge billions of records containing personal information collected from more than 136 million people in the U.S. surfing the internet through its Chrome web browser

The theft of sensitive information belonging to millions of AT&T’s current and former customers has been recently discovered online

Sandeep Nailwal, the founder of Polygon, has shown his support towards NFTFN. This move sent shockwaves through the crypto space and shot this project to new heights. 

Xuirin Finance’s launch of DeFi Debit Cards marks a pivotal moment in the decentralized finance sector. It introduces a groundbreaking shift towards integrating traditional financial practices with cutting-edge decentralized technologies. These innovative cards usher in a new chapter in a multi-billion-dollar industry, taking a significant stride in harmonizing traditional financial operations with the dynamic realm of decentralized finance.

Traya has raised Rs 75 crore in funding from Mumbai-based private equity fund Xponentia Capital. The firm offers a range of products targeting issues like hair loss. Previous to this, Traya has raised about $3 million from the likes of Fireside Ventures, Stride Ventures, Kae Capital and Whiteboard Capital.

«Top three models in the industry are from Maruti Suzuki, so very positive. We are very hopeful of the next year as well. Overall, for the industry though I think the projection for the industry is the single digit growth and we do hope that we will try to grow a little faster than the industry and hopefully it should be another good year for Maruti Suzuki,» says Shashank Srivastava, Senior Executive Officer, Maruti Suzuki India Ltd. What are your expectations from next fiscal year 2024-25? See, this year which just went by the fiscal year 2023-24 has been pretty good for the industry. First time industry crossed the four million mark. Maruti Suzuki grew faster than the industry so we added market share. So, it has ended on a really positive note.

₹243.45 apiece on the BSE. Aditya Birla Fashion shares also traded with heavy volumes as a total of 3 crore shares changed hands today as against one one-week average of 30 lakh shares. Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday said it is evaluating the vertical demerger of Madura Fashion & Lifestyle business from itself into a separate listed company.

Reserve Bank of India (RBI) to seek a bigger global role for the rupee through the next decade to match New Delhi’s world-beating rates of economic expansion, fixing a significant milestone target in what would be the local currency’s long journey toward capital account convertibility. “Today, India is becoming an engine of global growth with a 15% share of the total,” Modi said at the 90 th Foundation Day of the RBI. “Efforts should be made to make the rupee more accessible and acceptable all over the world.” The RBI has lately pioneered the digitisation of payments through the Unified Payments Interface (UPI), a platform many developing and developed nations are keen to use. It has also helped improve the asset quality of Indian lenders through a determined clean-up drive, aided by a revamped bankruptcy law.

Reliance Industries campus in Chennai, several people aware of the matter told ET. This will help the American company process user generated content locally across its flagship apps such as Facebook, Instagram and WhatsApp. The Mark Zuckerberg-led company inked a deal with RIL following discussions at the recently concluded pre-wedding celebrations of Ambani scion Anant at Jamnagar in early March, the sources added.

Road House, featuring Jake Gyllenhaal, was released on Amazon Prime Video on March 21. The reboot of 1989 classic has delivered a rating of 50 million-plus viewers, according to a report in Deadline. Road House, directed by Doug Liman, boasts an ensemble cast of Daniela Melchior, Darren Barnet, Billy Magnussen, Conor McGregor, Arturo Castro, Lukas Gage, Jessica Williams, and JD Pardo.

In the IT services industry, Accenture doesn’t just make waves—it can create storms that either lift the boats of competitors or send them into a whirlpool. This past week, JPMorgan and other equity analysts have been mulling the fact that Accenture has issued a weaker than expected forecast. There has been a meaningful cut by the firm of its constant currency revenue growth guidance from 2–5% to an anaemic 1–3%.

₹139.8 a share at the end of the December quarter. The Nifty Midcap index saw its EPS rise a whopping 87% y-o-y to ₹171.8 over the same period. Prabhu expects earnings growth in smids to be in healthy double digits.

Mumbai: Lauding the Reserve Bank of India (RBI) for its astute management of the country’s financial system at an event on Monday to mark the central bank’s 90th anniversary, Prime Minister Narendra Modi laid out a roadmap for the next 10 years, saying India would need to become economically self-reliant to shield itself from external shocks. Making the rupee more internationally accepted, increasing the reach of banking services and scaling up digital transactions would be key focus areas, Modi said.

1. Voltas 1.5 Ton 3 Star Inverter Split AC The Voltas 1.5 Ton 3 Star Inverter Split AC offers efficient cooling for medium-sized rooms with its variable speed compressor. It features a 4-in-1 adjustable mode, anti-dust filter, and a 2023 model with a sleek white design.

NEW DELHI : Indian Railways has moved at record pace in the just completed financial year, reaching new milestones in various categories including freight loading, railway electrification, and new development. The national transporter also registered its highest number of restoration of bridges during the year, and expanded its programme to install automatic signalling and digital interlocking of stations–measures aimed at ensuring both smoother operations as well as a higher degree of safety. Indian Railways registered record freight loading of 1,591 million tonnes in FY24, as compared with 1,512 mt in the year before–also an indicator of higher economic activity.

Yum Brands has a vision for “AI-powered" fast-food in which artificial intelligence shapes nearly every aspect of how its Taco Bell, Pizza Hut, KFC and Habit Burger Grill restaurants are run. Led by Joe Park, Yum’s new chief digital and technology officer, the fast-food giant has been increasing its investment in technology and automation.

RBI Celebrates 90 Years: Prime Minister Narendra Modi on April 1 praised the widespread adoption of UPI and stressed the importance of the Reserve Bank of India (RBI) focusing on promoting digital transactions and financial inclusion over the next decade. The prime minister was delivering the keynote address at the central bank's 90th anniversary event today in Mumbai. Also present were RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman.

Toyota's lineup in the country. The collaboration between the two automotive giants, stemming from a global partnership for platform and technology sharing, has led to the introduction of rebadged Maruti Suzuki models in India over recent years.

Tinkoff Bank, one of Russia’s biggest banking players, has won a license to issue and sell “digital financial assets” (DFAs) in the country.

The introduction of Hump (HUMP) on the Solana blockchain is a noteworthy turning point in a time when meme coins are not only digital assets but also representations of creativity and community.HUMP, in contrast to regular meme tokens, surpasses the traditional limits of decentralized finance with its distinct fusion of style and innovation. HUMP, which takes inspiration from a cute pet’s face, stands for development and community empowerment in the cryptocurrency industry.

Edited excerpts: We are still in the early stages with Sky. We have recently onboarded nearly 500,000 customers, so the platform is stabilizing. We are adding more features, but are focused on serving an underserved segment.