Digital Financial News

The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies becoming more mainstream, according to the IRS:CI’s annual report released Monday.

The introduction of the Draft Broadcasting Services Regulation Bill, 2023 (Draft Bill), marks a significant shift in the regulatory approach taken by India towards over-the-top (OTT) streaming and digital news platforms available on the internet. The Draft Bill proposes extending traditional broadcasting regulations to digital publishing services, with requirements of mandatory registration, the establishment of content evaluation committees and adherence to common programme and advertising codes put in place for platforms across broadcasting mediums.

microwaves stand out as reliable kitchen companions. IFB, a well-known brand in home appliances, has carved a niche for itself in the world of microwaves. Offering a blend of advanced technology, user-friendly features, and aesthetic appeal, IFB microwaves are designed to cater to the diverse cooking needs of modern households.

refrigerator portion. But because of their affordability and straightforward designs, single-door refrigerators are a popular alternative for smaller families or single people looking for economical refrigerators. Customers will have access to a wide variety of features, including innovative cooling technologies, massive storage capacities, inverter compressors for energy economy, and convertible modes for less than 40,000.

perfect refrigerator than just cooling down food. Consumers of today want a combination of energy efficiency, modern technology, roomy design, and environmentally friendly cooling options. These freezers provide an unmatched degree of ease and adaptability, with features like configurable compartments that adjust to different storage needs and sophisticated cooling systems that manage temperature and humidity to protect food's freshness.

Ayushman cards had been generated under the 'Ayushman Bhav' campaign till November 28 with the maximum being generated in Uttar Pradesh, followed by Maharashtra and Andhra Pradesh, Union Health Minister Mansukh Mandaviya told the Rajya Sabha on Tuesday. The 'Ayushman Bhav' campaign, which was launched by President Droupadi Murmu on September 13, seeks to saturate selected healthcare services in every village and town in line with the commitment of Prime Minister Narendra Modi to ensure everyone has access to them, Mandaviya said.

According to Cointelegraph, the third-largest bank in France, Societe Generale, reported issuing its first digital green bond as a security token on the Ethereum public blockchain. The bond, registered by Forge, a subsidiary of Societe Generale is expected to have gone public on November 30, 2023.

Thе third quartеr of 2023 has bееn a dynamic pеriod for India’s rеal еstatе sеctor, witnеssing shifts and trеnds that surprised both invеstors and industry еxpеrts. Here we are taking a look at thе kеy dеvеlopmеnts that havе shapеd thе landscapе of real estate in India and what thе futurе holds for it.

The industry is proposing a three-tier regulatory mechanism, where SRBs are brought under an oversight committee formed by the government, Dream11 cofounder and CEO Harsh Jain and Games24x7 cofounder and CEO Trivikraman Thampy told ET on Tuesday, on the sidelines of the Indian Gaming Convention here.

National Payments Corporation of India (NPCI), has successfully integrated SBI Card, one of India’s leading credit card issuers, into the credit card category of Bharat BillPay. This integration marks a significant advancement, streamlining the credit card bill payment process for millions of customers. Noteworthy credit card issuers already present in this category include Kotak Mahindra Bank, BoB Financial, Federal Bank, AU Small Finance Bank, IndusInd Bank, and Canara Bank.

RBI) to increase the risk weight on consumer loans will have an impact on NBFCs with the bank borrowing cost increasing. However, it does not impact the NBFCs serving the MFI and housing finance segments. The RBI move is going to increase our borrowing cost from banks," he added without revealing further details.

Zomato is scouting for algorithm engineers at IIT campuses. High frequency trading companies are looking for statistical process control experts with high scores in quant. Consulting companies want associate product managers.

digital film by Urban Company launched on its ninth anniversary, draws attention to an often overlooked but crucial concept of the dignity of labour and serves as a poignant reminder that every occupation deserves respect and acknowledgement. In the video, an innocuous interaction between a service partner and a young boy during a bathroom cleaning service takes a serious turn when the boy innocently asks the professional if he ended up doing what he does because he wasn’t good at his studies. The Urban Company professional breaks the awkward silence, smiles and assures the boy that grades don’t matter if you studied well.

fourth Republican presidential debate takes place next Wednesday at the University of Alabama in Tuscaloosa, only four aspirants will be on the stage, the smallest field yet to take the stage during the GOP primary campaign. The Republican National Committee announced Monday evening that former New Jersey Gov. Chris Christie, Florida Gov. Ron DeSantis, Former Ambassador to the U.N. Nikki Haley, and businessman Vivek Ramaswamy are the four who met the qualifications. The conditions set by the RNC include at least 6% support in two national polls or 6% in one national poll as well as two polls from four of the early-voting states — Iowa, New Hampshire, Nevada and South Carolina. The candidates should also have the support of a minimum of 80,000 unique donors, with at least 200 from 20 states or territories.

Takeda on Tuesday entered into a three-year memorandum of understanding (MoU) with the Biotechnology Industry Research Assistance Council (BIRAC) to foster healthcare innovation. BIRAC is the funding agency under the department of biotechnology, government of India, that provides financial and technical assistance to biotech and life sciences start-ups.

Global South needs to adopt digital public infrastructure to technologically leapfrog and achieve sustainable development goals (SDGs), India's G20 Sherpa Amitabh Kant said on Tuesday. Addressing an event organised by Carnegie India, Kant said now the world will grow on the back of digital public infrastructure. He said if the the world has to grow equitably then the global south is important because 4 billion people still do not have digital identity, 1.3 billion people do not have a bank account, while 133 countries in the world do not have fast payments.

Vested on Tuesday said it is expanding its alternative investment portfolio by offering of Peer-to-Peer (P2P) lending via Vested Edge, and INR (Indian Rupee) bonds and solar projects via Vested Solar. With its solar offering, Vested is looking to give individuals the opportunity to earn while helping India transition to clean energy, a company statement said. Through Vested Solar, investors can own solar panels in rooftop projects and earn 10-13 per cent rate of return from the electricity generated over the panel's lifetime.

Coinbase, one of the leading cryptocurrency exchanges based in the United States, has highlighted the importance of stablecoins in facilitating seamless transactions. 

Vinayak Chatterjee, The Infravision Foundation, says “Power generation, energy storage and construction companies that are well run are still attractive. People in the cables, insulators, smart meter businesses which supply goods and services to the electricity distribution market are worth careful scrutiny. In the power sector, in the next 5 to 8 years, India is going to see a rising trajectory of increasing power rates. All generating companies, whether in thermal or in renewables are actually going to see a long period of very attractive profitability. So power generation companies certainly would be my priority for today's discussion.” Since there are so many ancillaries of the larger infrastructure story that you track, l Let me start off with power demand because in the last eight months have seen a very, very robust 8% kind of growth. With the kind of GDP figures and PMI figure coming in. do you expect the fiscal year energy demand to show double digit growth? High single digit or double digit growth is well spoken for. Everybody who is tracking the power sector has figured out that some interesting dimensions are happening in the market. One, as you rightly said, the domestic consumption across all sectors is growing very, very favourably. Now added to that is the fact that there has been a conscious slowdown in the addition of fresh thermal capacity in the last few years, with the expectation that renewables would kind of fill the space.

Robinhood has reported a substantial 75% increase in cryptocurrency trading volume for November compared to October, highlighted in a recent filing with the U.S. Securities and Exchange Commission (SEC).

HDFC Bank Ltd, State Bank of India. Dabur India Ltd, Zee Entertainment Enterprises, Life Insurance Corporation of India, HDFC Life Insurance Company, Bandhan Bank State Bank of India (SBI) , the Public Sector Banking and Financial services company remains among top picks of Centrum with target price of ₹665 indicating more than 9% upside for the stock from current market price of close to ₹608. As per Centrum Broking after many years of low credit growth and rising NPAs (non performing assets) and write-offs and provisioning, SBI now is coming out of its shadows and showing growth.