Digital Financial News
16.01 / 10:01
markets
Provident
Digital
Career
Strategy
innovations
Scott Keever: The Strategic Mind Behind Innovative SEO Solutions
Scott Keever SEO, guiding you through the journey, services, and significant milestones of an entrepreneur reshaping the digital landscape. Scott Keever is a successful entrepreneur and the founder of Scott Keever SEO, a well-known digital marketing agency that specializes in SEO strategies. Renowned for its proficiency in SEO and ORM, the agency, named Scott Keever SEO, has carved a niche for itself in the industry.
16.01 / 09:51
Provident
Digital
Platform
Mobile
Enterprise
Research
Schools
ETtech Explainer: What OpenAI’s GPT Store is all about
GPT Store last week, ChatGPT maker OpenAI — the world’s third-most valuable startup — has become not just a provider of generative artificial intelligence (AI) models but also a platform that hosts them. What is 'GPT Store' and how does it change things? What is a GPT Store? GPT Store is like a mobile application store or marketplace, but for AI applications similar to the popular chatbot ‘ChatGPT’.
16.01 / 08:48
COST
Digital
CEO
Platform
Bill
reports
Vodafone, Microsoft forge $1.5 billion decade-long partnership to boost AI, IoT sector
Vodafone Group Plc and Microsoft Corp. entered a ten-year agreement, involving a $1.5 billion investment, to advance various business sectors, including artificial intelligence, digital payments, and the Internet of Things, on January 16.
16.01 / 08:27
Digital
ETF
Trade
Bitcoin
Interviews
Bitcoin Price Could Surge to $170,000 on Spot ETFs and Halving Event, Says SkyBridge’s Anthony Scaramucci
Anthony Scaramucci, the founder and managing partner of hedge fund SkyBridge, has shared an optimistic outlook for Bitcoin’s future, suggesting that its price could potentially reach $170,000 in the coming year.
16.01 / 08:27
Binance
Digital
CEO
Trade
Innova
Department
Binance Launches Digital Asset Exchange in Thailand in Collaboration with Gulf Innova
Binance has unveiled its joint venture crypto exchange Binance Thailand, which comes in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development.
16.01 / 07:57
Binance
Digital
Platform
coinbase
Trade
Innova
Schools
Binance Thailand opens crypto exchange for trading
Binance Thailand has opened its cryptocurrency exchange in Thailand for trading, the company said on Tuesday. The exchange, Gulf Binance, is a joint venture between Binance and Thailand's Gulf Innova that will serve as an exchange and brokerage platform allowing users to buy and sell digital assets with local currency pairings, according to a statement.
16.01 / 04:33
UPS
Digital
security
Investigations
Chinese ‘Criminals Used Digital Yuan to Launder Money’ – Prosecutors
Chinese law enforcers say they have shut down a gang that was using digital yuan wallets to launder money.
16.01 / 04:09
markets
UPS
Digital
Booking
Schools
rights
Which are the areas of the market where risk reward is very juicy even now? Vinay Jaising answers
Vinay Jaising, MD, JM Financial Services, says “we are still a lot more comfortable in a lot of mid and smallcap names wherein we are seeing earnings visibility leading to earnings growth drivers. If earlier you had an EPS of a company which was X and that is going up by 20 to 25%, your new PE may not be as high as what you are expecting. So for us, it is all about bottom-up fishing and looking at stocks where valuations are not expensive. Is valuation becoming a bit of an issue now for your stock picking process because I am sure the flows are good and plus your existing portfolio would also be expanding due to market going higher? How are you dealing with the challenge of rising valuations? Vinay Jaising: As you put it, valuations are close to peak for many stocks. People say largecap valuations are a little cheaper than what they were in the past or on a relative basis, you know, probably cheaper. If I would take the Nifty50 and take the seven largecap stocks which grew, I would say, at much lower rates last year of 7-8%, rest of the 43 stocks grew by over 30%. So valuations all over are an issue.
16.01 / 04:09
markets
UPS
Digital
wellness
Universities
Schools
Devang Mehta on what themes work best for him in pharma space
Devang Mehta, Director — Equity Advisory, Spark Private Wealth, says “there are a couple of themes in the pharma space where we have been bullish through the last 6-9 months. These have been MNC pharma companies like Abbot India. These companies probably command a huge market share. These companies are sort of cash cows and work with a negative working capital cycle. These companies never get into fracas with USFDA. Most of these companies come up with not only a great set of earnings but also the margins are very impressive. The other stream of business which we like is the CRAM space where something like a Syngine operates.” What are your thoughts on Polycab or if you are unable to talk about exactly on Polycab, some of these large wires and cable companies who in the last 5-7 years, have shown earnings growth and have made a place for themselves in this sector? Devang Mehta: We have been liking the space so, particularly would not like to name any stock as such. But with the plethora of businesses in the wire and cable space, these companies have developed themselves from a normal cable and wire company which was a commoditized type of business, to branded businesses with pricing power. Some of these brands are very well-known in the market for Havells, for Polycab, for RR Kabel.
16.01 / 03:39
Digital
Platform
trends
Schools
rights
Videos
YouTube seeks more time to remove indecent content involving mothers, children
YouTube on Monday sought more time from the National Commission For Protection of Child Rights (NCPCR) to comply with the apex child rights body's directions to remove videos portraying indecent acts involving mothers and sons. The NCPCR had on January 10 summoned a YouTube official to physically appear before it on January 15 with a list of channels running such content on the platform. In a statement, the commission said it has observed an alarming trend of «Child sexual abuse material» on YouTube, where challenges were portraying potential sexual abuse acts among women and minor children.
16.01 / 01:39
COST
UPS
Digital
Aware
CEO
reports
Schools
Udaan valuation dives to $1.8 billion in down round
Udaan’s valuation has fallen by nearly half to around $1.8 billion in a down round, marking one of the most precipitous drops for a startup that has raised over $1 billion, people aware of the matter said. Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021.
15.01 / 23:57
Citi
Digital
Platform
Netflix
show
exclusive
rights
Floribama Shore Series: See where to watch all seasons
Floribama Shore after four seasons. While the first two seasons grace Netflix, seasons 3 and 4 require alternative streaming platforms. Discover where to catch the later episodes below. Floribama Shore Journey
15.01 / 23:41
Twitter
Digital
CEO
Platform
social
Features
elon
Elon Musk's X receives money transmitter license in Utah
(Reuters) — Elon Musk's social media platform X, formerly known as Twitter, on Monday received a money-transmitter license from Utah, the 15th U.S. state to grant approval as the company explores offering payment features.
15.01 / 22:05
Blockchain
Provident
Digital
coinbase
security
Coin Center Responds to Scathing Letter from Senator Elizabeth Warren
Coin Center has responded to allegations made by Senator Elizabeth Warren claiming the crypto non-profit was working to “undermine bipartisan efforts in Congress” by hiring “former defense, national security, and law enforcement officials.”
15.01 / 19:34
UPS
Provident
Digital
Aware
Platform
information
Department
Building soon, a technology backbone for the bankruptcy regime
The Centre is planning to build a common information technology (IT) backbone linking various stakeholders of the corporate turnaround ecosystem to improve the efficacy of debt resolution, two people aware of the matter said. The entities to be connected include the National Company Law Tribunal (NCLT), the Insolvency and Bankruptcy Board of India (IBBI), credit information providers, lenders, distressed businesses ending up in tribunals, and insolvency professionals. National E-Governance Services Ltd (NeSL), India’s first agency registered under IBBI to provide legal evidence on debt to creditors and tribunals, will also be part of this IT network.
15.01 / 19:34
Provident
Digital
Experts
information
reports
rights
Alert first, act fast: Diktat on data breaches soon
₹250 crore in case of a data breach. For the average user, the rules put in place rights to access their information by any entity, withdrawal of consent, and enable mechanisms to correct or erase personal data and mechanisms of redressal in cases of breach. Legal experts pointed out that proposed rules may increase compliance burden, since companies already have to report breaches to the Indian Computer Emergency Response Team (Cert-In), the government agency that coordinates cybersecurity efforts, within six hours.
15.01 / 18:43
markets
Digital
Platform
community
Trade
social
Destinations
Cancellations rise, users feel taxi apps taking them for a ride
users of cab-hailing platforms are now facing instances of drivers cancelling trips after finding the destination, the mode of payment for the fare, or a combination of both, according to the findings of a survey. As much as 84% of the respondents to the survey conducted by community social media platform LocalCircles between September 2023 and January this year said they had experienced ride cancellations by drivers over these issues, compared with 79% two years ago. About 75% of the 11,119 respondents chose ride cancellation as the top issue they face when using ride-hailing services, followed by surge pricing, waiting times, safety, driver courteousness and vehicle cleanliness. While drivers often cancelled the trip after finding the destination, they preferred direct payment of the fare instead of digital transfer through the platform of the cab aggregator. «It appears more the demand — given the higher traffic with things normalising (after the pandemic) — the worse are the experiences of consumers,» a report based on the survey said. The entry of new players in app-based taxi market and government regulations have had a minimal impact in improving the user experience, according to LocalCircles. New players such as BluSmart, inDrive and Rapido are helping consumers to have more choices when they need a ride in a market led by Ola and Uber, but their limited reach has failed to make a significant qualitative impact on the user experience, as per the survey. In May 2022 the government issued notices to taxi aggregators citing deficiency in services and other allegedly unfair trade practices.
15.01 / 18:37
Waves
Digital
economy
Research
country
electronic
innovations
Indian startups can look forward to an ‘India techade’
The last 9 years have seen a decisive transformation of India. The country’s political culture, governance, economy, confidence in its culture and heritage and more—the list is long—have been transformed. Coming after a decade of the United Progressive Alliance’s economic destruction, corruption, cronyism and appeasement, it has put India in the league of the world’s top five economies—a far cry from the “fragile five" among which India found itself at the end of the Congress-led coalition’s 10 years of power in 2014.
15.01 / 17:41
Digital
Apple
Trade
Masimo
Schools
Courts
International
NOT
Redesigned Apple Watches not subject to import ban, US Customs says
Apple can use a redesign to bypass an import ban on newer Apple Watch models stemming from its patent infringement dispute with medical-monitoring technology company Masimo, according to a Monday court filing. The import ban, issued by the U.S. International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on Dec. 26. Apple convinced a U.S. appeals court to pause the ban the next day, and has since resumed selling the watches as it contests the import ruling.
15.01 / 15:53
Provident
BLOCK
Digital
Platform
security
innovations
Features
How to Enhance Crypto Security in 2024
Nowadays, the need to secure your money and personal information has become a top priority.Now in 2024, the stakes have never been higher in the ongoing battle against cyber threats.
15.01 / 14:39
FIVE
Digital
Align
Remark
Metro
Diversity
reports
Financial
Women in Finance: 47% of female Indian earners in metros take independent financial decisions, says survey
DBS Bank India, said, “Ownership of financial decision making, diverse investment and borrowing choices and growing adoption of digital channels are all evidence that the modern Indian woman is not just a participant, but a planner of her journey." The financial paths of women are as varied as their individuality. The manner in which they save, borrow, and invest money depends on many factors such as age, income, cultural background, and access to resources. As per the survey, women earning in metropolitan areas demonstrate a preference for low-risk investments, allocating 51 percent of their funds to fixed deposits (FD) and savings accounts.
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