Digital Financial News

The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment decisions. This is where AI technology comes in.

Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms.

Insurance broking company Lockton said it is entering the Indian market with Sandeep Dadia as its country chief executive. Dadia who was previously the CEO of Aditya Birla Insurance Brokers Limited, has spent around 20 years in the insurance business, having worked with Enam Insurance Brokers and TTK Healthcare Services.

Culver Max Entertainment is seeking a termination fee of $90 million from Zee Entertainment Enterprises on account of alleged breaches of the terms of the Merger Co-operation Agreement (MCA), Zee said in a statement to the stock exchange.

In the dynamic realm of cryptocurrency, Bitcoin (BTC) has experienced a notable shift, currently trading at $41,068, marking a 1.70% decrease on Monday. This change occurs amidst significant developments in the crypto landscape, including the remarkable growth of Bitcoin ETFs, which have swiftly reached $4 billion in assets under management (AUM) by accumulating an impressive 95,000 BTC in a mere six days.

The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.”

Ripple Labs is under the SEC’s microscope, and this has got investors buzzing about alternatives, especially Solana and Borroe Finance ($ROE). Let’s dive into the details.

Rahul Shah, VP, Equity Advisory, MOFSL, says “auto as a sector has done quite well and the entire ancillary pack has also done well. So, obviously the demand is coming back for the entire auto pack as a whole. They are undervalued and one trend in the markets is that stocks which are available at reasonable valuations, especially in the midcaps, are getting fancied again.”

Vincent Mortier, Group CIO of France's Amundi, Europe's largest asset manager, said the US Federal Reserve may not cut rates in March as the market is expecting. In an interview with Nishanth Vasudevan, Mortier, who oversees global assets under management worth over $2 trillion, spoke on a range of topics. Edited excerpts: The market is expecting the US Fed to cut rates as early as March. What are your thoughts?

In the dynamic realm of cryptocurrencies, Bitcoin (BTC) maintains its foothold above the $41,000 mark, currently trading at $41,700 with a modest 0.25% increase as the week concludes.

HUL) managing director Rohit Jawa said building beauty and digital capabilities is top priority and disproportionately important for the company's future in the country. HUL, market leader in the beauty market with brands such as Lakme and Ponds, will split its beauty and personal care division from April, with a new beauty head, and has also created a new role to push its digital agenda. «The beauty care market will grow exponentially and create way more value in the decades to come if its per capita consumption is anywhere near even Southeast Asia, forget China. So the primary motive for doing this is to create the focus and specialisation for different competitive sets.

As per a PwC study, around 175 arms of multinationals operating in India qualify for consideration under Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two regulations.

Every January, I usually purge old snail mail, clothes and unwanted knickknacks to start the year anew. This time, I focused on my digital spaces instead. My virtual Marie Kondo-ing forced me to think about the indispensable apps and features on my devices—and on the flip side, the time thieves that make it hard to leave the couch.

Ava DuVernay, offers a profound journey into the exploration and revelation behind Isabel Wilkerson's influential book, «Caste: The Origins of Our Discontents.» Unraveling the streaming details, let's delve into where and when you can catch «Origin.»

workforce. The country's low productivity levels, rather than low wages, pose a challenge. One solution to this challenge is to enable the gig workforce. The gig economy is multiplying as more people take temporary, flexible jobs through digital platforms. In India, there are currently around 7 million gig workers, and this number is expected to rise to 25 million by 2030, with a compound annual growth rate of almost 12%. Read our complete Budget 2024 coverage here This growth is transforming the labour market and altering the models of employees, employers, and employability. The government's policies and investments will be vital in shaping and accelerating this growth. Many countries worldwide are experiencing similar changes, but India has the opportunity to lead the way. The gig economy can provide first-time employment and skill development opportunities, serving as a gateway to future workforce productivity.

The jobs of people who produce Sports Illustrated were in limbo after the company that paid to maintain the iconic brand’s print and digital products told staff that its license was revoked

Apple has promised to open up its tap-and-go mobile payment system to rivals as a way to resolve an antitrust case and avoid potentially billions in fines

Gender Equity and Equality' announced on the sidelines of the World Economic Forum annual meeting 2024 here. The idea of this alliance emerged from the G20 Leaders' Declaration and India's abiding commitment to the cause of women-led development as propounded by Prime Minister Narendra Modi. As a follow up to the activities of the Engagement Group and initiatives under the G20 framework, inter alia, the Business 20, Women 20 and G20 EMPOWER, this alliance aims at taking forward the commitments of the G20 leaders for the benefit of the larger global community, the government said while announcing the alliance.

Kazakhstan has 15 rare earth deposits, strategically important components of electronics and clean energy technology, and eyes for closer cooperation with international partners in harnessing the ample opportunities for these deposits, according to Chairman of the National Geological Service Yerlan Galiyev. This can meet India’s growing demands for rare earth deposits from a source which is situated closer home. India has recently entered into a deal with Argentina for sourcing rare earth metals.

India Sotheby’s International Realty (ISIR) unveiled a robust economic optimism among High-Net-Worth Individuals (HNIs) and Ultra High-Net-Worth Individuals (UHNIs), with a staggering 79% expressing confidence in the Indian economy's positive trajectory for 2023-24, compared to 59% last year.

investments in generative AI (artificial intelligence), incentives from the government and open-source content can boost employment generation and reduce disparities in the country, say experts. Generative artificial intelligence refers to the use of new-age technology to create new content like text, images, music, audio, and videos. «Generative AI will boost new job roles and can help people with limited skill levels perform higher level jobs, thus reducing the economic divide», said Vishal Talwar, Director, IMT Ghaziabad in a statement.