Digital Financial News

19.02 / 01:25
Digital Fighting Death President voice reports Nikki Haley condemns Donald Trump's silence on Alexey Navalny's death: ‘bone-chilling ...all he did was empower Putin’
Nikki Haley assailed Donald Trump’s foreign policy, condemning criticized Donald Trump's approach to foreign policy, particularly highlighting his failure to speak out against the death of Russian opposition figure Alexey Navalny. As reported by Bloomberg, Hayley said Sunday on ABC’s This Week, “Either he sides with Putin and thinks it’s cool that Putin killed one of his political opponents, or he just doesn’t think it’s that big of a deal.
19.02 / 00:49
Provident Digital Platform WhatsApp Interface Simulation country DPI platform in works to find closest EV charging spot, more
digital public good which will let customers locate an EV charging station, green energy sources, and used idle batteries across the country. Called the Unified Energy Interface (UEI), the initiative is powered by Beckn Protocol, and it will allow a user to search for EV charging stations nearby and settle payments across service providers. Beckn Protocol is an open-source initiative created by the Foundation for Interoperability in Digital Economy (FIDE).
19.02 / 00:49
markets Digital Platform community audience Schools rights Snap to invest more to continue conversation with young India: Snap India MD Pulkit Trivedi
Snapchat’s parent company Snap Inc is recalibrating its focus on some of its key money-making markets like North America and Europe, the messaging app’s investments in India continue to drive monetisation of its more than 200 million monthly users, Snap India managing director Pulkit Trivedi told ET in an interview. “India continues to be a growth country for Snap and we’re looking at India in a very different way given that there is a huge headroom to grow on the community side as well as on the monetisation side. So, we continue to invest in India,” Trivedi said.
18.02 / 20:37
Digital Remark Trade Commentary International US dollar to remain world's reserve currency, Fed's Waller says
Forbes Media chairman Steve Forbes breaks down the administrations inflationary agenda on Kudlow.
18.02 / 19:25
UPS Digital wellness trends Experts stage Schools Fat tech pay cheques shedup to 40% as slowdown bites
The trend kicked off a few months ago with some of the big tech companies seeking to rationalise their workforce, they said.
18.02 / 19:25
markets COST Digital CEO Election reports Strong outlook: Indian print media industry is poised to record robust growth in 2024
print media industry is poised to record robust growth in 2024, with advertising revenues projected to return to pre-pandemic levels and profit margins improving amid softening of newsprint prices. According to the Pitch Madison Advertising Report 2024, print advertising revenue is anticipated to rise by 7%, reaching ₹20,613 crore this year, surpassing pre-Covid figures in 2019. The report predicted a 12% increase in total advertising expenditure to ₹1.11 lakh crore. It also noted a consistent increase in print advertising revenue, from ₹16,595 crore in 2021 to ₹18,470 crore in 2022 and ₹19,250 crore in 2023. Newsprint prices, a significant factor in direct variable costs for print media companies, have decreased from over ₹80,000 per metric tonne post-Covid to about ₹50,000 per metric tonne.
18.02 / 19:09
Target Digital social innovations information Features Be wary of chatbots that know and remember you intimately
OpenAI is rolling out what it calls a memory feature in ChatGPT. The popular chatbot that uses artificial intelligence (AI) will be able to store key details about its users to make answers more personalized and “more helpful," according to OpenAI. These can be facts about your family or health, or preferences about how you want ChatGPT to talk to you, so that instead of starting on a blank page, it’s armed with useful context.
18.02 / 17:49
COST UPS Digital show Banks learn that paying little in savings interest comes with a cost
Icra and Mint calculations showed. “Casa ratio shot up after demonetization and reached its peak during covid-19, prior to which it used to be in early to mid-thirties levels," said Anil Gupta, senior vice-president and co group head of financial sector ratings, Icra Ltd. Casa levels should remain “comfortably above mid-thirties", Gupta said.
18.02 / 16:43
Digital security Remark Trade country Relationships International "World is seeing how our relations with many countries are strong...": PM Modi on foreign policy
India's foreign policy is going strong, Prime Minister Narendra Modi on Sunday said that the world is seeing how New Delhi's relations with many countries continue to grow stronger in trade, tourism, technology and various other aspects. In a jibe against the critical remarks over the years on experience in foreign policy, PM Modi said that when he took the oath as India's Prime Minister, questions were raised about him not having «experience outside a state.» While addressing the concluding day of the National Convention of the Bharatiya Janata Party (BJP) at Delhi's Bharat Mandapam, PM Modi said, «When I took oath in 2014, many of our critics said that what experience does Modi have outside a state. Many things were said about foreign policy.»
18.02 / 15:35
markets UPS Waves Digital Bill Schools rights Programmable, offline CBDC to drive next fintech wave, says NPCI MD
programmability and offline functionality of the central bank digital currency (CBDC) are going to drive the next fintech wave, said National Payments Corporation of India (NPCI) managing director Dilip Asbe. He was speaking at a panel discussion with Jay Kotak, co-head of Kotak811, and MN Srinivasu, co-founder of Bill Desk, at the Mumbai Tech Week on Sunday.
18.02 / 12:41
markets BTC Digital ETF security trends Bitcoin Bitcoin Price Prediction as BTC Bounces From $50,000 Level – Is Another Sell-Off Coming?
In the wake of Bitcoin’s price dip to the $50,000 mark, the cryptocurrency community is keenly observing its recovery to $51,500, albeit with a near 1% decrease. Amidst this scenario, investors and analysts are scrutinizing the digital currency’s resilience and the broader implications of recent industry developments. These include notable incidents like the misappropriation of Bitcoins by an Australian police officer and record inflows into Bitcoin ETFs, alongside the mining difficulty reaching new heights ahead of the Bitcoin halving event.
18.02 / 11:37
Provident Digital Booking Manufacturing security Sustainability Metro Energy, railways, data centres may drive Siemens’ growth
₹4,499.80 apiece seen last week. Analysts suggest that power transmission and distribution, data centres, railways, metros, and locomotives will remain growth areas for the heavy electrical equipment manufacturer. In the December quarter of fiscal year 2024 (Q1FY24), Siemens secured new orders worth ₹5,971 crore, nearly a 10% increase previous year.
18.02 / 07:51
Digital economy WhatsApp wellness country reports recommendations Japan announces its digital nomad visa. Here are all the details
Japan has unveiled plans to issue six-month visas catering to digital nomads with an annual income of ¥10 million ($68,300) or more. The initiative is slated to commence by the end of March. According to a Japan Times report, digital nomads, individuals who work remotely while moving between locations for short or medium-term stays, from 49 countries and territories, will be eligible for the «specified activities» visa category. This extends to self-employed applicants as well. Countries and territories eligible for this program have existing tax treaties and agreements that eliminate the need for short-term visas with Japan, including the U.S., Australia, and Singapore.
18.02 / 07:17
markets UPS Digital Manufacturing CEO Harley-Davidson country Two-wheeler industry to see double-digit revenue growth next fiscal: Hero MotoCorp CEO
Hero MotoCorp CEO Niranjan Gupta anticipates a double-digit revenue surge in the domestic two-wheeler industry in the upcoming fiscal year. He suggests that the demand for premium models is likely to escalate further. The country's largest two-wheeler manufacturer, having reported a total income of ₹10,031 crore in the October-December quarter of the current fiscal year, foresees improved performance in the entry-level segment in the future.
18.02 / 07:07
Digital Action economy electronic consequences Interviews politician compliance RBI action on Paytm Payments Bank has drawn fintechs' attention to compliance of laws: Chandrasekhar
Paytm Payments Bank has drawn the attention of fintech firms to the importance of complying with laws, Union Minister Rajeev Chandrasekhar has said. The minister stressed that regulatory compliance cannot be «optional» for companies, rather it is an aspect every entrepreneur must pay full attention to. In an interview to PTI, Chandrasekhar — the minister of state for electronics and IT — said the issue of Paytm Payments Bank is a case where a hard-charging and aggressive entrepreneur has failed to realise the need for regulatory compliance, and that no company can get away if it is non-compliant with law. Any company, be it from India or abroad, big or small, has to abide by the law of the land, the Minister asserted amid the unfolding Paytm Payments Bank Ltd (PPBL) crisis.
18.02 / 07:07
markets UPS Digital CEO Harley-Davidson country reports Expect two-wheeler industry to see double-digit revenue growth next fiscal, says Hero MotoCorp CEO
two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country's largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry level segment to do better going ahead. «As far as the demand is concerned, as we have been saying, we do expect the industry to grow double digit on revenue in the coming year at the least,» Gupta said in an analyst call. He noted that in the domestic two-wheeler space there is a shift taking place towards premiumisation with buyers looking for feature-rich trims.
18.02 / 05:23
Digital CEO Strategy Opinion Diversity innovations Schools How conflict management can help leaders steer organisations out of chaos
Managing such conflicts and getting something positive out of it is a key skill C-suite executives have to learn to become effective leaders.
18.02 / 05:19
markets UPS Digital Research wellness performer Is it time for a sector and portfolio churn away from four-wheelers to two-wheelers? Ashwin Patil answers
Ashwin Patil, Research Analyst-Auto, LKP, says while passenger vehicles had a great time, this year belongs to two-wheelers. So, there can be a good churning from passenger vehicles to two wheelers because the Q3 numbers were good for all the two-wheeler companies and surely one can definitely look at certain companies within the two-wheeler pack. Recently, we have been hearing reports that the passenger vehicle retail registrations have been slowing down while, of course, the rural economy is picking up and things are looking on the upside for two-wheelers. Is it time now for a bit of a sector and portfolio churn away from four-wheelers into two-wheelers? Ashwin Patil: On the back of a very low base last year, the two-wheeler industry has been performing well this year and till date, these companies are seeing about 12% to 15% growth. We believe that this industry will be definitely performing better than any other auto industries segments like passenger vehicles or commercial vehicles or tractors.
18.02 / 01:13
UPS Digital CEO Racing President Experts Experts urge govt to invest in open data, compute for AI leadership
artificial intelligence race, and there is no way forward but for the Indian government to step up and invest to create these enabling conditions, according to experts and industry representatives. Abhishek Singh, president and CEO, National eGovernance Division, and managing director and CEO, Digital India Corporation, said that once key pieces like compute and access to Prasar Bharati content are solved, maybe Indian startups will start building foundational models.

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