Digital Financial News
14.02 / 19:39
markets
IPO
Digital
Extreme
economy
social
classical
The digital subversion of classical capitalism won’t last
Byju’s, once the darling of India’s digital economy with a valuation of $22 billion in late 2022, is attempting to raise money at a valuation that’s a small fraction of that today. Through its roller-coaster ride, one thing has remained constant: in its 13-year history, it appears to never have been profitable. This is standard for internet companies.
14.02 / 19:17
Provident
Digital
Aware
electronic
information
guidelines
RBI swipes left on commercial credit cards
The Reserve Bank of India (RBI) has halted businesses from paying each other via credit cards, by ordering card networks Visa and Mastercard to stop all such payments. Businesses typically pay their vendors by bank transfers or commercial credit cards, sometimes mediated by fintechs. The latter are called Business Payment Service Provider (BPSP) transactions, now suspended by RBI.
14.02 / 17:55
14.02 / 17:42
Digital
Fox
wellness
Hawaiian
stars
reports
Podcasts
Bryan Cranston, Breaking Bad star reveals he was once wanted for murder in Florida
Breaking Bad star Bryan Cranston who has played a drug dealer in the series has made the revelation that he was at one point in time wanted for a much greater dangerous crime in the 1970s as per a report on Fox News Digital.
14.02 / 15:27
Provident
BLOCK
Digital
DISH
performer
Features
peace
10 Best Induction Cooktops in India: Unveil the Top Picks for Modern Kitchens (2024)
These cutting-edge cooktops boast an array of innovative features, including built-in menus, timer function, and feather touch controls, catering to the diverse needs of home chefs and culinary enthusiasts alike. Whether it's the rapid heating prowess of the Philips Viva Collection or the portability of the Havells Insta Cook, we examine the strengths and weaknesses of each model, empowering consumers to make informed choices tailored to their individual preferences and needs.
14.02 / 15:22
markets
Citi
Digital
pandemic
country
travelers
Interviews
SOTC Travel aiming for a healthy, double digit growth this year, says MD Vishal Suri
SOTC Travel is aiming for a healthy, double digit growth in business this year, and 2024 could be an even better year for the company compared to 2023, said MD Vishal Suri in an interview with ET. «Our forward bookings are looking stronger for the summer. Well-heeled Indians are travelling 7-8 times a year, and I see other industry leaders stating that people are spending more on travel and experiences,” he said. “We hope more countries will ease entry requirements for Indians as a lot of short haul destinations are realising the spending power of Indian travellers,» he added.
14.02 / 14:27
Provident
Digital
CEO
Healthcare
reports
testing
patient
Metropolis Healthcare Collaborates with Qritive for Cutting-Edge Cancer Detection
India, Mumbai, 14th February 2024: Metropolis Healthcare Limited, India’s leading diagnostic service provider, today announces its collaboration with QritiveTM, a leading provider of AI solutions for pathology labs globally. This partnership is set to augment Metropolis' cancer diagnosis capabilities through the integration of state-of-the-art AI technology.
14.02 / 14:27
Digital
Strategy
students
show
performer
Schools
Profiles
Work experience more crucial than ever for new MBA graduates, India’s top B-schools say
₹33.05 lakh including stock options, performance bonuses, one-time payments, and so on. The median salary for graduates of the two-year MBA programme for batch of 2023 at IIM-Ahmedabad was not available. The 2024 batches at business schools are currently at the fag end of placements seasons.
14.02 / 14:27
markets
Provident
Digital
Platform
Pool
wellness
stars
Disney Star bats for a larger pool of advertisers as IPL approaches
Other categories, which are growing and can be tapped, include construction, industrial, consumer durable and beverages as well as BFSI, he said. “Aditya Birla Group bidding ₹500 crore every year on IPL, you wouldn't have ever expected an Indian company bidding that way and another Indian company (Tata) countering it. Earlier this was the Chinese or startup domain.
14.02 / 13:09
UPS
Digital
ETF
SEC
Trade
Bitcoin
Which Way will Bitcoin Go in 2024?
2023 rolled in on the heels of a monumental crypto disaster, when the FTX exchange went down in flames. Perhaps surprisingly, the year ended up marking a recovery for beleaguered digital assets, with Bitcoin gaining as much as 157%. Traders knew the SEC (Securities and Exchange Commission) in the US might give the green light to spot Bitcoin ETFs in the second week of 2024, which was viewed as a potential catalyst for prices. They also knew that the Fed couldn’t keep hiking interest rates forever, and that a looser monetary environment could offer risk assets a healthy push.
14.02 / 12:53
FIVE
Digital
War
country
Videos
peace
Himanta tells a ‘tale’, says Rahul Gandhi asked Congress MLAs to disrupt Assam Assembly during Bharat Jodo Nyay Yatra
Himanta Biswa Sarma said that Gandhi told the Congress MLAs to either “tear into" the Assam chief minister or be ready to get suspended from the party for five to 15 years. However, the CM said, the Congress MLAs supported the Assam government and the House functioned peacefully. Sharing a video on the microblogging website X, the Assam CM, in an interaction with media persons, said, "Listen to a story - When Rahul Gandhi came to Assam, he called all the Congress MLAs in his luxurious bus and threatened them that the Assam Assembly should not be allowed to function." "We also gave him a gift.
14.02 / 12:53
UPS
Digital
country
electronic
innovations
guidelines
Can Bima Sugam usher in a UPI moment for insurance? Key provisions explained
IRDAI has decided to set up Bima Sugam, insurance electronic marketplace, which will be a one-stop solution for all insurance stakeholders. Bima Sugam, or Digital Public Infrastructure, is set to empower and protect the interest of policyholders, to increase penetration of insurance in India. This will also enhance availability, accessibility and affordability of insurance in the country, reads the draft guidelines released by the Insurance Regulatory and Development Authority of India (IRDAI).
14.02 / 12:53
markets
Digital
Mobile
Parke
social
innovations
information
Thanks to AI, Business Technology Is Finally Having Its Moment
Menlo Park, Calif.—The generative AI boom reflects a period of tech innovation that is ideally suited for revolutionizing the business world—unlike previous tech booms that favored the creation of big tech companies that served the consumer market. The period of innovation that took off around 2007 made use of social media and app stores to help startups achieve scale in the consumer market, according to Hemant Taneja, managing director and CEO of venture-capital firm General Catalyst, speaking Tuesday at the Wall Street Journal’s CIO Network Summit in Menlo Park, Calif. This time it is different, Taneja said.
14.02 / 12:15
markets
UPS
Provident
Digital
Trade
audience
innovations
Silicon Valley Needs to Accept That Insurance Is Boring
Silicon Valley entrepreneurs hate it when the audience gets bored, but they may need to elicit more yawns if they are to transform insurance. Enthusiasm for artificial intelligence continues to power the stock market, but it isn’t giving a second wind to companies committed to revolutionizing insurance through technology, or “insurtech." Shares in listed players such as Lemonade, Root and Hippo have been trading sideways. Meanwhile, global insurtech funding fell to $4.5 billion in 2023, a 44% decrease from the previous year, according to fresh data by reinsurance broker Gallagher Re.
14.02 / 12:14
Digital
Platform
composer
Gartner
voice
reports
recommendations
Customer
VTEX Recognized as Sole Vendor Named as a Customers’ Choice in the 2024 Gartner® Voice of Customer for Digital Commerce
VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, has been recognized as the only vendor in the 2024 Gartner® Voice of the Customer for Digital Commerce to be named in the Customers Choice Quadrant. The recognized vendors meet or exceed the market average Overall Experience and User Interest and Adoption.
14.02 / 11:48
markets
Target
Digital
Platform
Trade
Traffic
Indiamart Intermesh: Jefferies initiates coverage with 'buy' rating, sees 26% upside – 6 key reasons why
Indiamart Intermesh, an online B2B marketplace, with a 'buy' tag, setting a target price of ₹3,400 apiece, which implies a 26% upside from the stock's current trading price. Additionally, in a bull case scenario, the brokerage sets an even higher target price of ₹3,820 for the stock. The brokerage's bullish outlook stems from the company's strong position in the online B2B classified segment, potential revenue growth driven by the rise in digital penetration among SMEs, and reasonable valuations.
14.02 / 11:48
Digital
Entertainment
Corning
Qualcomm
Xiaomi
performer
Features
Support
Elevate your creative pursuits: Discover top 8 tablets with pen support
tablets with pen support in this buying guide so that your creative side remains nurtured. These devices serve as a digital canvas, helping users bring their ideas to life with precision and flow that would have been unthinkable a decade ago. This landscape is constantly evolving, but we’re here to make it easier for you.
14.02 / 11:25
Digital
security
digital assets
innovations
reports
Updates
White House Policy Group Finds Digital Assets, DLT Vital for US National Security
A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday.
14.02 / 09:39
Digital
Interface
country
International
India UPI Power: List of countries where Bharat's Unified Payments Interface can be used to make digital payments
UPI payments are accepted in France, UAE, Singapore, Bhutan, and Nepal. After the announcement, MyGovIndia shared a world map, highlighting the countries where Indians can use UPI to make payments. UPI is India's mobile-based fast payment system, allowing customers to make instant payments round-the-clock using a Virtual Payment Address (VPA).
14.02 / 08:52
UPS
Digital
Action
Bill
Us Treasury
US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing
The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks.
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