Digital Financial News

An initial list of high-value speakers and industry-leading sponsors have been announced for Hong Kong Web3 Festival 2024, set for April 6-9 at the iconic Hong Kong Convention and Exhibition Center (HKCEC) with over 9,000㎡.

₹40,845 crore from ₹5,907 crore during the same period. The slow burn of bankruptcy filings may be about to end The average ticket size of these loans has reduced from ₹26,794 to ₹9,816 on the back of a higher volume of small ticket loans, the report added. On loan delinquencies, the report said it constituted 3.6% of the total portfolio of the Fintech as of September 2023.

₹5.24 lakh (ex-showroom). Motorcycle enthusiasts will be able to revel in the sleek Metallic Spark Black variant as the bike's sole color option. The heart of the 2024 Kawasaki Ninja 500 beats with a robust 451 cc parallel-twin, liquid-cooled engine, firmly planted within a trellis frame.

get Personal Loan online to achieve their goals. Since technology changes every day and saving enough cash for them takes a long time, a Personal Loan for electronic items makes small dreams come true. Let’s look into this funding option in more detail.

Bitcoin is trading value of $51,400 reflects a modest decrease of 1.20% on Thursday. This financial landscape is continuously shaped by various factors, including regulatory discussions and global market trends. Amidst this backdrop, the anticipation around Bitcoin price predictions gains momentum, offering insights into potential future trajectories.

Supportive global geopolitics: As per the brokerage India has a vibrant democracy with 57 national/regional parties. The upcoming national elections in Apr/May’24 will have 1bn eligible voters. Successive governments have adopted consistent growth & external relations policies.

Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says “Asian Paints and Berger a few months back were the most expensive paint stocks globally. That was because of the resilient performance they have been giving and the growth in the Indian market because paints have been a very steady growth segment. But in the current context where a large player is making an entry, while Asian Paints and Berger would not, die out or lose massive market shares, but some advertising, realignment in incentives to distributors in some credit period and some other similar things cannot be ruled out. If that happens, definitely there could be some breaks in the margins or the earning trajectory in the near term.” What kind of impact are you expecting with the entry of Grasim in the paints space and what are you waiting to hear from the management? Amnish Aggarwal: Paints has been a sector where the entry of new players is not happening for the first time.

Grayscale, the world’s largest crypto asset manager, is looking to invest in the emerging market for data privacy with a new exchange-traded fund.

As India’s Lok Sabha polls approach, political parties have reportedly contacted digital content creators and podcasters to help get their messages across. Of course, major parties have IT cells on the job, too, but too random an outreach would enlarge the risk of losing integrity control.

MUMBAI : Government-backed National Investment and Infrastructure Fund (NIIF) has agreed to invest $200 million ( ₹1,658 crore) in digital infrastructure company iBus for a controlling stake, two people aware of the development said. iBus Network and Infrastructure Pvt. Ltd, which is backed by Morgan Stanley Infrastructure Partners, will use the money to finance its expansion.

Dune: Part Two," set to release on March 1, 2024. The sequel promises to continue Paul Atreides' journey with the Fremen, featuring an ensemble cast and epic storyline. Here's a comprehensive guide to what's in store for fans.

Snap Camera India, the local unit of social networking and messaging platform Snapchat's US-based parent company Snap Inc, has reported a 20% increase in revenue to ₹79 crore for 2022-23, compared to ₹65.7 crore in the previous fiscal. According to the financial data obtained from the Registrar of Companies, the company's net profit surged 24% to ₹7.7 crore, as against ₹6.2 crore in the previous fiscal. Expenses went up 20.2% to ₹69 crore from ₹57.4 crore.

ADIA, Stonepeak, DigitalBridge, KKR and Permira are among those tapped to acquire US buyout group Carlyle’s 24.04% stake in Bharti Airtel’s data centre arm, Nxtra Data Ltd (NDL), people aware of the matter said. The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in India’s data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

BeerBiceps has nearly 7 million followers, has hosted various leaders of the ruling Bharatiya Janata Party (BJP) including Smriti Irani, S. Jaishankar and Rajeev Chandrasekhar. While Congress leader Rahul Gandhi appeared on Curly Tales, which has nearly 3 million subscribers, Nationalist Congress Party leader Supriya Sule has gone on The Bombay Journey, a part of Mashable India that has 567,000 subscribers.

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HyperVerge, the leading provider of AI-based identity verification (KYC) has been certified with Level 2 compliance for its liveness technology by a National Institute of Standards and Technology (NIST) accredited biometric testing laboratory. Having already cleared ISO Level 1 certification, HyperVerge has now obtained the Level 2 compliance certification after passing the Presentation Attack Detection (PAD) level 2 test that is used to identify attempts to deceive face recognition-based biometric systems by presenting advanced impersonation artefacts and forgeries such as 3D masks, latex or silicone masks, and other artefacts that are significantly harder to detect. With this certification, HyperVerge becomes one of the very few identity verification solutions in the world to be compliant with ISO 30107-1/30107-3, making its liveness technology among the best.“Being compliant is an area which all companies continue to prioritise.

Multi-platform transactions: When transactions involve multiple e-commerce operators, such as Open Network for Digital Commerce or ONDC, the responsibility to deduct TDS falls on the operator directly engaged in payment transactions with the seller. For instance, a buyer-side e-commerce operator (ECO) facilitates interaction with the buyer, while a seller-side ECO manages interaction with the seller. In such scenarios, the seller-side ECO, responsible for making the actual or deemed payment to the seller, must deduct the applicable taxes.

KYC, or Know Your Customer, is a prerequisite process individuals must fulfill before opening a bank account. This process entails verifying the individual's identity, address, and other pertinent details. It necessitates in-person verification.

The Central Bank of the Republic of Türkiye (CBRT) has completed the phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry out “more widespread pilot tests.”

SGB Series 2023-24 Series IV opened for subscription on February 12, 2024, and closed for subscriptions on February 16, 2024. If you applied for the latest SGB tranche this month, you must be eager to know the allotment status. There are a few easy ways to check this.

Tata Motors Ltd.) increased by 17% YoY, and earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 33% YoY, driven by improved scale/net pricing and a stable currency movement. Also Read: Stocks to buy: NCC, Talbros Automotive among three fundamental stock picks by HDFC Securities Ceat Ltd, Escorts Kubota Ltd, Tata Motors Ltd, Shriram Automall India Limited, Motherson Sumi Wiring India Ltd, and TVS Motor Co Ltd are among the firms the brokerage recognised as having strong EBITDA growth (40%-plus).