Digital Financial News

In the realm of cryptocurrency, Bitcoin’s price prediction continues to draw attention as the digital currency experiences a modest increase, trading at $40,125, up by 0.30%. This surge aligns with significant developments in the crypto landscape.

K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, “Our only concern is CASA is not growing the way the other deposits are going. That is why there is a special campaign that we have started from 1st January onwards with special incentives to all the outlets.”

₹129 to ₹135 per equity share of the face value of ₹10. BLS E-Services IPO lot size is 108 equity shares and in multiples of 108 equity shares thereafter.

Republic Day should also be a commitment to building a better future for us, and that cannot be achieved without ensuring financial independence. In the midst of the digital age's relentless surge, millennials find themselves at the forefront of an era characterised by unprecedented connectivity and information access. As we celebrate Republic Day, this is an opportune moment to map out the journey towards financial independence while leveraging the digital landscape's vast possibilities.

intech and digital lending industry is one of the fastest-growing segments in the financial sector, with a projected market size of $720 billion by 2030. The gold loan industry along with India's fintech and digital lending industry has been providing innovative and accessible credit solutions to millions of consumers and businesses, especially in rural and underserved areas, through digital platforms, aggregator platforms, and technologies. Within the fintech segment, the gold loan industry exhibits substantial growth prospects.

Agratas, Tata Group’s global battery business, and Tata Technologies, an engineering and digital services company have announced their collaboration to scale Agratas’ product development and enterprise systems, supporting the design, development and manufacturing of best-in-class battery solutions.

taxpayers around the country are eagerly awaiting Feb 1 when Finance Minister Nirmala Sitharaman will present the last (interim) Budget before the 2024 general elections. Taxpayers’ expectations include slashing of tax rate, rollout of tax exemptions and slashing of TDS (tax deducted on source) on virtual digital assets (VDA), among others. Before listing out more expectations, it is vital to first decode some key terms for the lay taxpayer to understand.

ANI, Raj Kumar Sahu, owner of the tea stall said, "We served the traditional sahu tea to French President Emmanuel Macron and PM Modi. French President praised our tea and used UPI to make a payment...." PM Modi also explained the Unified Payments Interface (UPI) digital payments system to Macron as the two leaders also visited a local shop during their visit to Hawa Mahal in Jaipur. UPI is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing, and merchant payments into one hood.

The central People’s Bank of China says it plans to expand its “cross-border” digital yuan pilot in Hong Kong.

In the volatile cryptocurrency market, investors continually seek emerging assets that offer exceptional profit potential. As we progress into 2024, this quest gains increasing relevance, with attention pivoting toward cryptocurrencies like Pandoshi (PAMBO) that exhibit immense room for growth. Looking deeper, this examination spotlights Pandoshi’s favorable position to potentially yield double digit returns in 2024, establishing its standing against prevading options like Shiba Inu.

The United States is expressing concerns over Sri Lanka's controversial online regulation bill a day after it was passed in Parliament over protests by the media, opposition and rights activists

Reserve Bank of India (RBI) is evaluating tokenising assets such as government bonds and customer deposits to expand the usage of its digital currency, two bankers aware of the developments told ET. Investors would be able to purchase government securities and other bonds using digital currency in their wallets.

Information Technology Rules to ensure fair compensation for use of their content in the process of training generative artificial intelligence (AI) models in the country amid increasing AI copyright disputes across the world. Digital News Publishers Association (DNPA) has sent a letter and made representations to the ministries of electronics and information technology and information and broadcasting, seeking protection from likely copyright violations by AI models.

WWE 2K franchise, WWE 2K24, is set to hit the shelves on March 8, 2024. In this concise overview, we cover essential details, including the release date, cover athletes, available platforms, and anticipated new features.

interim budget is likely to see higher capital expenditure on infrastructure, in line with the past three years, with a focus on green investment to meet the demand for earlier committed projects, and give a push to growth, create jobs, attract private investments and offset the impact of global uncertainty, said experts. «The interim budget is a working document and I don't expect a great radical shift in policy. This means that the government will continue to maximise public expenditure on infrastructure, both core and social,» said Vinayak Chatterjee, founder, The Infravision Foundation. He said the government needs to continue higher spending on infrastructure if it aspires for gross capital formation on infrastructure to be 8-9% of GDP. According to the Confederation of Indian Industry, rationalisation of subsidies, revenue augmentation and simplification of taxes could allow the government to increase the capex by 20% to ₹12 lakh crore.

The seventy-fifth Republic Day is a good occasion on which to reflect on our future outlook as a nation. The 21st century is India’s century, some say. There are aspirations that by 2050, when India celebrates its 100th Republic Day, it will be one of the largest economies in the world and a developed country in per- capita income terms.

Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection

Fendi, under Kim Jones, has presented a mesmerizing collection blending minimalist futurism with an homage to Karl Lagerfeld at Paris Couture Week

Worldcoin is seeking to release a new version of its futuristic-looking Orb device. Alex Blania, CEO and co-founder of Tools for Humanity, the company behind Worldcoin, told TechCrunch that the new Orb will resemble an Apple product.

Governments: They see bitcoin as a direct threat to their ability to control finances and influence monetary policy. Crypto assets were created with the explicit purpose of keeping them outside governmental control. Hence, the unease of any government is obvious.

By Stephen Nellis