Digital Financial News

OTT) video consumption and online gaming are on the rise, as a re A I-based applications, all of which are fuelled and maximised by the rollout of 5G across the country. However, all this enhanced internet usage has necessitated data centre players to fast-track their expansion plans. Computing infrastructure in tier2 and tier-3 cities is undergoing a significant upgrade. Technology giant Microsoft expects the AI revolution to have a significant impact on the architecture underpinning data processing. In an interview with ET last week, CEO Satya Nadella said that the company is focused on leading research work on what the next model architecture will be, so that it can stay ahead of the curve in anticipating the next generation of the data centre system.

Apple enthusiasts anticipate the rollout of iOS 17.4, which will extend its emoji repertoire to include non-gender-specific family symbols and redesigned existing family emojis. Emojipedia, affiliated with the Unicode Consortium, highlights the deliberate exclusion of additional flags in this update, citing the complexities of representation and the transient nature of many pride flags.

Bitcoin’s market capitalization crossing the $1 trillion threshold represents a pivotal moment in its challenge against traditional assets like gold.

As the crypto market progresses into the 2024 season, analysts and investors are eagerly forecasting the future price path of Retik Finance (RETIK), a token with burgeoning potential. Currently valued at $0.12, Retik Finance presents a compelling investment opportunity poised for significant growth. But what does the future hold for RETIK? Experts predict a substantial increase in the value of Retik Finance, with projections suggesting its native token, $RETIK, could soar to $100 by 2026.

₹6.99 lakh ex-showroom. For 2024, the only update that Kawasaki has made is the addition of traction control. There are two traction modes through which the rider can choose from.

Enforcement Directorate (ED) has summoned senior BJD MLA and former Odisha Minister Prafulla Samal and his son over an alleged money laundering case, sources said on Saturday. The probe agency has issued summons to Samal and his son Prayaskanti in connection with Barapada Engineering College land irregularities, they added. The father-son duo has been asked to report before the ED with all related documents. The ED's action comes two days after raids were conducted at different places linked to Samal. «The ED has carried out search operations at 10 locations in Bhadrak and Bhubaneswar cities of Odisha on 15.02.2024 under the provisions of PMLA, 2002 belonging to Prayaskanti Samal (ex-President), Manoj Kumar Goswami (Secretary) and others of Barapada School of Engineering and Technology (BSET) society in the matter of misappropriation of society money by forgery and cheating. During the search operations, various incriminating documents, digital devices, Cash of Rs. 9 Lakhs, undated cheques, land agreements and a Toyota Fortuner Car worth Rs. 40 lakhs approx were recovered and seized,» the ED posted on X on Saturday.

Tata Group's ambitious project of being the sole leader of the super app race by investing over $2 billion has been marred with leadership issues, stagnation in user growth and low customer engagement. In a bid to revive its position, Tata Group’s digital arm has initiated conversations with Uber for a strategic partnership to increase traffic and revenue, ET has reported recently. Dara Khosrowshahi of Uber Technologies and N. Chandrasekaran of Tata engaged in talks during a meeting in Davos earlier this year, with expectations of further discussions in Mumbai during Khosrowshahi's upcoming visit to India, said executives aware of the matter to ET. With Neu, launched in 2022, the Tata Group aims to increase its share in the country’s e-commerce market which is expected to be world's second-largest by 2034, with an anticipated annual gross merchandise value of $350 billion by 2030. Currently, India’s first super app faces competition from e-commerce giants like Walmart-owned Flipkart, Amazon India and Reliance Industries’ Jio Mart.

PayNearby, a branchless banking and digital network, has launched a platform to generate sustainable self-employment for women, the company said in a statement on Saturday. The initiative, named by the company Digital Naari, is aimed at providing additional income generation opportunities for women in rural and semi-urban areas, the statement said. The platform will enable the ‘banker didi’ to provide a diverse range of financial and digital services to the masses. The person will have the flexibility to offer services at her convenience in terms of time, location (from home/store) and product preferences.

By Kamil Khan

By Aroon Kumar

Read more The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping deposit transactions at Paytm Payments Bank, part of One 97 Communications that runs the digital payments firm Paytm. Customers now have time till 15 March to deposit money into their accounts, wallets, FASTags, and prepaid cards.

local governance is undergoing a paradigm shift. The shift is being driven by the increasing power of Artificial Intelligence (AI) and data analytics. Local governments, which till now had been associated with bureaucratic hurdles and slow processes, are slowly embracing tech startups as partners in this transformative journey. This article explores how AI and data analytics, delivered through the agility and passion for innovation of tech startups, are paving the way for a more efficient, citizen-centric, and responsive local governance model. Let us first look at some of the challenges that traditional models of governance face. Local governments often struggle to extract meaningful insights from vast amounts of data because of limited resources and expertise. Further, manual processes and siloed operations lead to slow response times and frustration for citizens. Most importantly, traditional communication channels fail to effectively engage citizens in decision-making processes, which defies the very idea of democracy, i.e. governance of the people, by the people, and for the people.

MicroStrategy’s Bitcoin investment has soared beyond the $10 billion mark, owning over 190,000 BTC as Bitcoin’s value climbs past $50,000. This achievement underscores MicroStrategy’s confidence in Bitcoin’s long-term prospects and its utility as an inflation hedge.

World Trade Organization (WTO) to lower the cost of cross-border remittances for promoting international trade. In a submission made on Tuesday, New Delhi said one of the means to achieve cheaper, faster and more transparent and accessible cross-border payments including remittances is «promoting interoperability and interlinkages of digital payment infrastructures including fast payment systems». «Cost of remittance is an issue we have been raising. There is also a Sustainable Development Goal (SDG) on this,» said an official.

FusionIQ has partnered with Anchorage Digital to provide financial advisors and institutions with more streamlined access to regulated cryptocurrency assets through.

If you too cannot find time for a workout from your busy life, then you must invest in a pedal exerciser. This portable equipment can be used while keeping it under your work desk or in your living room while you complete your daily chores. Light workouts using pedal exercisers can help tone muscles, lose weight, and improve concentration. Here is a list of the 10 best pedal exercisers you can consider buying.

Paytm has shifted its nodal account to Axis Bank (by opening an Escrow Account), the company said in an exchange filing. On Friday, the Reserve Bank of India announced an extension of the deadline for Paytm Payments Bank until March 15, a shift from the initial date of February 29. This extension applies to certain restrictions imposed on January 31.

Refunds, cashbacks, sweep-in from partner banks or interest are permitted credits into their account even after March 15, 2024. 4. The existing Deposits of Paytm Payments Bank customers maintained with partner banks can be brought back (sweep-in) to the accounts with Paytm Payments Bank, subject to the ceiling on balance prescribed for a Payments Bank (i.e.

Fairfax, which owns multiple companies in India, has refuted charges that its Indian portfolio company Digit Insurance was falsely shown to be profitable in its annual report in 2021 at an investor conference call on Friday. The call was held to respond to the allegations of short seller Muddy Waters, who has accused the company of asset value manipulation. Fairfax’s Indian-Canadian founder Prem Watsa and the company’s management team answered queries refuting all the allegations of Muddy Waters.

A US official has raised concerns about a provision in Senator Elizabeth Warren’s proposed bill on digital assets.

Farmers have always lived by the whim of nature, but fickle regulation they find more difficult to accept