Digital Financial News
16.02 / 14:31
16.02 / 13:17
markets
UPS
Digital
Research
innovations
2020
boating
Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-up
wearable market is expected to grow at its slowest pace in 2024 since their inception in 2020 with market trackers predicting a single digit growth rate this year after growing at 34% on-year in 2023 to a record 134.2 million units. Market tracker IDC said a single digit growth is expected due to a base effect in play, plateauing pace of innovation, and an inventory pile up in the second half of the year. The rate of growth is expected to slow down despite another 15.4% decline in average selling prices (ASP), from $25 to $21.2 in the December quarter of 2023, according to an IDC report.
16.02 / 12:13
Digital
security
Interface
wellness
country
After Mauritius, UPI to now enable cross-border payments in Nepal as well. Details here
RBI) signed terms of reference (ToR) with Nepal Rastra Bank on Integration of Unified Payments Interface (UPI) of India with National Payments Interface (NPI) of Nepal for cross-border remittances. The banking regulators of India and Nepal signed and exchanged Terms of Reference for integration of cross border payment between the two countries. The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers.
16.02 / 11:33
UPS
Digital
inclusion
reports
Features
Updates
Jio Bharat B2 rumors gain momentum: Potential upgrades over Bharat B1 generate buzz
Jio Bharat B1, unveiled in October last year, featured 4G connectivity and a pre-installed UPI payment feature, supporting multiple Indian regional languages. It offered users a choice between two colors and garnered attention for its budget-friendly price tag of Rs. 1299.
16.02 / 11:33
markets
UPS
Provident
Digital
Platform
Strategy
Trade
What is PM Vishwakarma Yojana? From features to eligibility criteria; all you need to know
PM Vishwakarma Scheme encompasses various primary goals focused on providing support and empowerment to artisans and craftspeople in India. Here are some of the pivotal objectives: Skill and knowledge enhancement: The initiative encourages skill development by organizing training programs and workshops. This enables artisans to enhance their traditional skills, acquire new techniques, and produce improved products.
16.02 / 10:49
markets
COST
Digital
country
information
reports
Interviews
Despite a 17% fall in 2024 YTD, Morgan Stanley sees a 49% upside in HDFC Bank; here's why
Arvind Kapil, Country Head - Mortgage Banking, Home Loan, LAP, HDFC Bank. Morgan Stanley in its report stated that the accelerated market share gains would improve CASA cross-selling in upcoming quarters. "The company gave details on the home loan business after the merger.
16.02 / 10:49
UPS
Target
Digital
wellness
country
reports
Japan's ‘digital nomad visa’ up for grabs in March; from who can apply to eligibility, here's all you need to know
Euronews. However, as of now, India is not on the list. One must work for an employer or corporation outside of the host nation or own a business that can be managed from anywhere in the world to be eligible for this visa.
16.02 / 08:56
COST
UPS
Digital
Action
Mobile
innovations
reports
RBI's resounding message to fintechs: Quick and easy but with KYC
Paytm Payments Bank to stop offering basic banking services from February 29, mainly due to onboarding of customers and merchants without adequate KYC (know your customer) processes. Persistent non-compliance of regulations was the reason behind the stringent action by the RBI which had warned Paytm two years ago and had also engaged with it.
16.02 / 08:31
markets
Blockchain
Digital
community
Trade
social
Features
scotty the ai
This Is Why AI-Focused Crypto Project Scotty The AI (SCOTTY) Could Leave A Huge Mark On The Industry
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
16.02 / 08:20
markets
UPS
Digital
ETF
coinbase
Bitcoin
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market.
16.02 / 05:43
markets
UPS
Digital
coinbase
Trade
Bitcoin
reports
Coinbase Stock Jumps On Big Earnings Beat As Transaction Volume Grows—Key Level to Watc
Coinbase (COIN) shares jumped more than 14% in Thursday’s extended-hours trading session after the largest U.S. cryptocurrency exchange reported quarterly earnings and revenue significantly above Wall Street expectations thanks to growth in transaction volumes.
16.02 / 05:25
markets
Digital
Career
Strategy
testing
recommendations
Schools
Financial
Certifications ease career path in financial leadership roles
“In India, certified finance professionals earn about 20% more than their non-certified counterparts, reflecting their enhanced expertise and market value. Additionally, Indian data scientists, benefiting from specialised certifications, can earn 1.7x to 2x times more than data engineers. These figures underscore the significant impact of professional certifications in the financial sector,” says Nirupama VG, Founder, AdAstra Consultants.
16.02 / 05:09
markets
Target
Digital
Action
band
performer
Updates
Stocks to buy: ITC, Britannia, Dabur, Asian Paints among 8 FMCG stocks picks after Q3 results
Emami, Asian Paints, and Britannia Industries and expects bounce back in rural areas to influence performance for Dabur India and Bajaj Consumer Care positively. It has a ‘Buy’ rating on these FMCG stocks along with Godfrey Phillips India and VST Industries. Here are FMCG stocks to buy after Q3 results: Dabur’s Q3FY24 print was in-line with our estimates.
16.02 / 01:15
markets
Digital
economy
country
reports
testing
Schools
Rackspace Technology aims to double revenue growth in India as AI adoption increases
Rackspace Technology, is looking to double its revenue growth in India in the next two years as more local firms adopt artificial intelligence and the demand for private cloud booms in Asia’s third-biggest economy. The Texas-based company will also look to establish a data centre in the country in the next year or two for its private cloud services, its chief executive said, adding to the data centres it operates and manages at 34 locations worldwide.
15.02 / 22:52
Digital
coinbase
Elizabeth Warren
Bitcoin
reports
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD).
15.02 / 19:33
Digital
Platform
Action
security
Exodus
Bill
reports
Paytm Bank's exit from UPI unlikely to be disruptive
UPI platform may not have as disruptive an impact on the cashless transaction ecosystem as is being currently feared as most users have multiple backend accounts that are out of the scope of the central bank's curbs. Furthermore, only about a sixth of the 90 million Paytm UPI users use the app as the sole application for transactions, people familiar with the developments said. Similarly, in the merchant's category, about 70% of the merchants availing services of Paytm have their accounts outside of Paytm Payments Bank. That means they are not totally dependent on the payments bank for their business.
15.02 / 19:03
COST
Provident
Digital
show
What the key fact statement says about your bank loan
₹1 lakh loan obtained from a non-banking firm at 18% interest and a tenure of 36 months. The APR in this case would come in at 20.16%, data from MyMoneyMantra shows (see graphic). This is because the lender will be levying a processing fee, insurance charges and other upfront charges, which would be included in the APR.
15.02 / 18:09
markets
Digital
Platform
Trade
Bitcoin
Schools
Scandals
Bitcoin's renewed euphoria as price keeps rising
Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals. The world's biggest cryptocurrency reached $52,749, a high since December 2021. Its market capitalisation also went back above $1 trillion this week, according to cryptocurrency data platform CoinGecko.
15.02 / 15:59
Blockchain
Citi
Digital
Landmark
Mobile
Simulation
Trade
Landlord Go moves beyond real estate simulators with NFTs and metaverse
Reality Metaverse recently released a collection of 2000 NFTs linked to properties and buildings in Landlord Go: Trade Real Estate, enabling holders to receive 30% of revenue from the game.
15.02 / 14:59
Digital
Fighting
Universities
Anti-money laundering
reports
recommendations
China to Revise AML Law to Address Risks Associated with Virtual Assets
China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets.
15.02 / 14:21
Provident
Digital
wellness
innovations
information
rights
Profiles
Cressanda Posts Impressive Revenue Rise in the Third Quarter 2023-2024
India, 15th February 2024: Cressanda Railway Solutions empaneled with Central Bureau of Communication, Ministry of Information & Broadcasting is on a new high as its revenue growth in the third quarter of 2023-24 financial years has leaped forward to an impressive height. While the total revenue grew by 296.39% QoQ (Quarter on Quarter) and 93.91% YoY (Year on Year), profit before tax jumped by 189.13% QoQ and 173.93% YoY.
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