Digital Financial News

smart TVs boast features like high-definition displays, seamless connectivity options, and integrated smart platforms. Whether you're a streaming enthusiast, a casual viewer, or a gamer on a budget, there's a TV on this list tailored to your needs. Navigating the myriad of options in the market can be overwhelming, especially for budget-conscious consumers.

Q: At Adobe's Best of Summit event the concept that experience-led growth is foundational to the success of every business was explored. How does digital transformation fit into your company's growth agenda? Arnab Ganguly: Being a Super App company, digital is the first word that comes to my mind. Digital transformation can significantly improve a business's efficiency by automating processes, minimising errors, and improving organisational productivity.

Visa, the global leader in digital payments, unveiled a comprehensive report detailing how tokenisation is driving India's digital economy. The report, «Enabling the Digital Shift: Tokenisation in India’s Economic Landscape», marks one year since the effective date of the RBI’s mandate on tokenisation for e-commerce transactions. 

By Hannah Lang

room heaters operate on distinct principles. While traditional heaters rely on convection currents to warm the air, oil-filled radiators embrace a unique design. Filled with a heat-retaining oil, these radiators produce consistent, long-lasting warmth that persists even after the heating element is turned off.

The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. 

Ahead of a summit between China's Xi Jinping and US President Joe Biden, there had been suggestions that the two men would agree to ban lethal autonomous weapons.

Traders in Asia, especially in South Korea, have emerged as key drivers behind the recent rally in crypto market over the past two months.

Microsoft has introduced a new text-to-speech feature with vision capabilities, that enables users to create talking avatar videos with text input, and to build real-time interactive bots trained using human images. Called Azure AI Speech text and available in public preview, it allows customers to create synthetic videos of a 2D photorealistic avatar speaking.

Facilitating seamless cross-border payments for MSMEs is a pivotal factor in propelling them towards achieving 60% of the formidable $2 trillion export target by 2030. 

“Festive times augur well for consumption-related stocks, while the upcoming harvest season is key in holding up discretionary spending,” says Rajesh Cheruvu – MD and CIO – LGT Wealth India. In an interview with ETMarkets, Cheruvu said: “Given India's impetus towards infrastructure courtesy of the PLIs, Gati Shakti, clean energy push, etc., the Infra and corporate capex themes continue to augur well” Edited excerpts: The festive season has begun, and we are seeing signs of stabilisation as volatility has reduced. How are you looking at markets? Short-term headwinds pose specific challenges over the next few quarters, with the impending active election period poised to generate political uncertainties until May 2024. Further, global macroeconomic conditions notably influenced by a robust commodity cycle and the strength of the USD dollar pose challenges.

Cisco Systems cut its full-year revenue and profit forecasts on Wednesday in a sign that demand for its networking equipment was slowing, sending the company's shares down nearly 11% after market. The company has in recent years grappled with supply chain issues and a post-pandemic slowdown in demand, which has hastened its push into software offerings like cybersecurity.

The Federal Communications Commission is implementing new rules banning internet providers from discrimination in how they provide service to communities based on income level, race and other protected classes

TCS: Tata Consultancy Services (TCS) fixed the record date for its ₹17,000 crore share buyback plan on 25 November, the company said in its stock exchange filing on Wednesday. The IT major, on October 11, had announced to buyback up to 4,09,63,855 fully paid-up equity shares of face value of ₹1 each at ₹4,150 per equity share for an amount equivalent to ₹17,000 crore.

Bajaj Finance Ltd from lending under its eCOM and Insta EMI Card products.“This action is necessitated due to non-adherence of the company to the extant provisions of digital lending guidelines of Reserve Bank of India, particularly non-issuance of key fact statements to the borrowers under these two lending products and the deficiencies in the key fact statements issued in respect of other digital loans sanctioned by the company," the RBI said in a press release on Wednesday.The regulator said it will review the supervisory restrictions after the company rectifies deficiencies to the RBI’s satisfaction. (Read More)U.S.

PayU is in the process of setting up business-to-business payment rails for its Indian clients. Additionally, the company is evaluating opportunities in the supply chain financing space. “B2B payments is something that we are thinking very hard about … the idea is to expand into vendor payments and (look at) the different ways in which we can manage the suppliers of these anchor merchants, solve their reconciliation problems,” said Vijay Agicha, PayU’s global head of strategy, mergers and acquisitions, and investment.

Russia-Ukraine war, External Affairs Minister S Jaishankar noted that the purchase policies of India managed «global inflation». During a conversation hosted by the High Commission of India in London, titled 'How a billion people see the world,' Jaishankar discussed India's impactful position in global affairs. Jaishankar said, «So we've actually softened the oil markets and the gas markets through our purchase policies. We have, as a consequence, actually managed global inflation.

Reserve Bank of India mandated tokenisation of cards for ecommerce transactions, global card payment scheme Visa said in a report. Out of these, Visa has issued around 300 million tokens, said the report, to be released on Thursday.

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Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth.

The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency.