Digital Financial News

Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking controversy in the cryptocurrency community.

Amazon Republic Day Sale, many external hard drives, SSDs, and USB flash drives are available for a discounted price. Discover the best choice for you with our comprehensive guide that covers the top 5 products based on capacity, speed, durability, and compatibility and make an informed decision. 1. Western Digital WD 5TB My Passport Portable Hard Disk Drive, USB 3.0 with Automatic Backup, 256 Bit AES Hardware Encryption,Password Protection,Compatible with Windows and Mac, External HDD-Black The Western Digital WD 5TB My Passport Portable HDD is a robust storage solution with USB 3.0 connectivity for fast data transfer.

Bollywood film Animal, as per PTI. Cine 1 Studios’ plea seeks to halt the release of Animal on digital and satellite platforms. Justice Sanjeev Narula mandated that the defendants submit affidavits to acknowledge or refute the documents presented by Cine 1 Studios.

stock updates in the language of your choice as the Central Depository Services (India) Limited (CDSL) has launched two multi-lingual initiatives in a move towards inclusivity and accessibility for users, the company said in a statement. The launch comes as the company marks its silver jubilee year (25 years of operation) and was unveiled by markets regulator Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch on January 17. In the 'Apka CAS – Apki Zubaani' initiative, the Central Depository Services (India) Limited (CDSL) has upgraded the Consolidated Account Statement (CAS) to support 23 Indian languages.

In a dynamic turn of events, Bitcoin’s price plummeted to $40,930, marking a significant nearly 4% decrease as of Friday. This downturn comes amid a broader context of financial uncertainty, where the US Dollar is poised for a consecutive weekly rise due to subdued expectations for interest rates. Adding to the complexity of the crypto market, Fidelity’s anticipated Ether ETF faces delays, attributed to a surge in investor demand for more leveraged Bitcoin ETFs.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Within the ever-evolving cryptocurrency landscape, characterized by the constant emergence of new projects, one token has managed to captivate the interest of both analysts and investors. Positioned as a formidable competitor to Solana, Retik Finance is creating significant waves in the crypto community. Analysts, foreseeing a meteoric rise, project an impressive valuation of $25 in 2024. This article seeks to delve into the intricacies surrounding Retik Finance and shed light on the factors that contribute to its promising trajectory.

Ajit Venkataraman, MD, Finolex Industries, says “Our profitability has improved significantly, if you see, over the past. In the normal operating condition, our profitability has improved from Rs 7.5 per kg to almost Rs 10-11 per kg. That is mainly due to a better product mix that we have had, more of non-agri contribution to the overall mix. And going forward, we expect it to be reaching almost Rs 12 per kg going forward.” Earlier you gave a volume growth guidance of 15-20% for pipes and fittings. Considering that volume has seen a decline for both these segments does this guidance then stand intact? How does FY25 look in terms of volumes? Ajit Venkataraman: The guidance was based on the basic fundamentals. You are going to see a few blips along the way. For example, the volumes in the agri segment have been fairly lukewarm since the end of Q2 and have not really picked up to the extent that we had seen last year but the fundamentals remain strong and the forecast for FY25 remains the same.

income tax return) verification done through OTP on foreign mobile numbers, says Deepashree Shetty, Partner, Tax & Regulatory Services, BDO India, while sharing her expectations from the interim Budget 2024. In an email interview with MintGenie, she alsotalks about the need to provide allowance for expenses related to electric vehicles. Her other Budget expectations include raising the amount of standard deduction from current ₹50,000 to ₹65,000.

BANGKOK (Reuters) — Thai Prime Minister Srettha Thavisin said on Friday his government will move ahead with its flagship $14.3-billion 'digital wallet' handout scheme, though it may be delayed.

Realme has confirmed that its Realme 12 Pro series will launch in India on January 29. While it was earlier expected that Realme 12 Pro and Realme Pro+ models were earlier expected to debut on the launch date, a listing on the Flipkart website revealed the specifications and expected pricing for the upcoming device. The Flipkart listing was spotted by 91mobiles which gave a glimpse at the details of the upcoming mid-range smartphone.

Varanium Cloud Limited, a digital technology company, is setting up its second office and business process outsourcing (BPO) centre at Sawantwadi in Maharashtra. The BPO centre will focus on data accounting, background verification and debt recovery, among other activities. It is expected to create 200 IT jobs in Sindhudurg district, according to a press release issued by the company on Friday.

Campbell Wilson, CEO, Air India, says “this is the beginning of a new fleet, new on-board products, new entertainment systems. This is the first A350; but as we get the other six and then start refitting all of our existing wide-body aircraft, people will see it more frequently.” On Air India getting the first A350 in its fleet Campbell Wilson: Well this reveal of the new Air India is a fresh start. This is our first A350, Airbus’s most modern jetliner. It is Air India’s first new aircraft with the new liveries, the new interiors, the new colour scheme and new amenities, new inflight entertainment system and it signals the next phase of their transformation.

earnings heavy day with 46 listed companies to declare their December quarter earnings. Street will be keenly looking at the results of Reliance Industries (RIL), Hindustan Unilever (HUL), UltraTech Cement and Paytm operator One 97 Communications. The other important results will be from the likes of Atul, Central Bank, Hindustan Zinc, RBL Bank, Sunteck Realty and Supreme Industries. On Thursday, IndusInd Bank and Polycab India announced their October-December quarter results along with 40 other companies. While the private lender reported standalone net profit growth of 17% year-on-year at Rs 2,298 crore which was up from Rs 1,959 crore in Q3FY23, Polycab posted a double-digit growth in both profit and revenue for the said quarter. The consolidated net profit rose 15.4% year-on-year (YoY) to Rs 413 crore.

Bitcoin slid to the lowest since mid-December as the speculative demand for the token sparked by hype about new exchange-traded funds dissipates, leaving the cryptocurrency in the red since the start of 2024. The largest digital asset briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled. Bitcoin surged 157% last year on optimism about the eventual Jan. 11 launch of the first US exchange-traded funds to directly hold the token. Digital assets also got a tailwind from bets on looser monetary policy. Traders are now assessing how much money the ETFs attract and paring expectations for interest-rate cuts. “This type of correction after a significant run-up is normal for Bitcoin,” said Greg Moritz, co-founder at crypto hedge fund AltTab Capital.

Reliance Industries is scheduled to release its December quarter earnings after market hours on Friday. In the run-up to the earnings, some bit of caution in the market is set to prevail, as investors wouldn’t want to keep open positions ahead of the weekend. So far in January, shares of the index major have gained nearly 6%. The earnings and the outlook that RIL will offer will decide the sustainability of the gains in the counter. Let’s look at the major things to watch out for in the earnings scorecard of the toy-to-telecom conglomerate.

trading volume and margin, analysts said, if more investors dabble in bitcoin from the safety of cheap exchange trade funds tracking its spot price. It will also impact Coinbase's trading commissions and spreads — the difference between the bid and ask price, J.P. Morgan analyst Kenneth Worthington said.

Former US President Donald Trump on Wednesday night (local time) pledged to block the creation of a federal digital currency, terming it a «dangerous threat to freedom,» The Hill reported. While addressing a rally in New Hampshire's Portsmouth, Trump said, «Tonight, I am also making another promise to protect Americans from government tyranny.» He said, «As your president, I will never allow the creation of a central bank digital currency.»

Reliance Industries: Mukesh Ambani-owned Reliance Industries Ltd will announce its December quarter (Q3FY24) results on 19 January, Friday. The oil-to-telecom conglomerate is expected to report a 9.3% year-on-year rise in consolidated net profit to ₹17,257 crore, aided by a steady performance of its digital and retail businesses. Consolidated revenue for Q3FY24 is likely to rise 5% YoY to ₹2.31 trillion.

For the first time in more than two decades, the Canada Revenue Agency’s prescribed interest rate for overdue taxes has hit double digits — 10 per cent for the first quarter of 2024. The last time the prescribed rate was so high was back in mid-2001.

Google India Digital Services has joined hands with the NPCI (National Payments Corporation of India) to enable UPI to expand its footprint across the globe.