Digital Financial News
15.11 / 07:31
15.11 / 07:22
15.11 / 06:37
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State Bank of India (SBI) announces new marginal cost of funds-based lending rate (MCLR). Check latest rates here
Bank of India is the largest commercial bank in terms of assets, deposits, branches, customers, and employees. It is also the largest mortgage lender in the country which has so far fulfilled the home-buying dreams of over 30 lakh Indian families.
15.11 / 06:31
Twitter
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Google
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information
reports
‘ChatGPT is a great thing’ but ‘is pretty bad,’ says Wikipedia founder Jimmy Wales
ChatGPT is a great thing to play with and so on. But when you start using it, you realise that what initially seems fantastic is pretty bad," reported Trending Topics. He also pointed out that OpenAI's partnership with Microsoft will be a problem for Google.
15.11 / 06:31
Digital
country
reports
shock
inflation data
The fine print of October inflation data, in three charts
Crisil. The play of price pressures and base effect in the coming months could keep the monetary policy committee (MPC) on its toes until its trajectory towards the medium-term aim of 4% becomes clear, economists said. What is keeping inflation still elevated is the higher prices of food items even as core inflation, which excludes food and fuel, has been consistently easing.
15.11 / 04:41
Blockchain
FIVE
Digital
JPMorgan
reports
JPM Coin
JPMorgan Expects JPM Coin to Hit $10 Billion in Daily Transactions in Coming Year
JPMorgan Chase & Co. is expecting its digital token, JPM Coin, to process $10 billion in daily transactions in the upcoming year.
15.11 / 03:49
Citi
Digital
Aware
Align
Bill
SVB
cover
APRA responds to SVB collapse, will bolster small bank liquidity rules
The prudential regulator will bolster liquidity rules for mutual banks and credit unions to better align them with requirements on the major and regional lenders and avoid a Silicon Valley Bank-style collapse creating contagion for the broader financial system.
15.11 / 02:30
IPO
Digital
MSCI
President
show
country
reports
Stocks to Watch: IndusInd, Suzlon, ASK Auto, Grasim, Adani Ports, HCL Tech
IndusInd/Suzlon/Paytm/Persistent Systems: MSCI is set to adjust its MSCI Standard Index, drawing attention from analysts who are closely monitoring potential inclusions such as IndusInd Bank, Suzlon Energy, Persistent Systems, and One97 Communications. Nuvama Alternative & Quantitative Research predicts significant inflows into these stocks, estimating $290 million for IndusInd Bank, $264 million for Suzlon Energy, $258 million for Persistent Systems, and $163 million for One97 Communications, the parent company of Paytm.
15.11 / 02:30
Provident
Digital
Software
President
country
innovations
reports
Brazil has digital public infrastructure that India could learn from
Last week, I was in Brasilia, speaking at Brazil Innovation Week, 2023. I’d been invited to talk about how India’s digital public infrastructure (DPI) offers a new approach to data governance and I was glad for the opportunity to test for myself whether the ideas I had set out in my new book held good in the Brazilian context.
15.11 / 01:35
Digital
Platform
crypto mining
electronic
information
Crypto miners
Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’
Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions.
15.11 / 00:53
Provident
Digital
Everest
country
reports
IT sector’s 30% revenues maybe from non-US, UK markets by 2030
Japan, Australia and the Middle East and the home market, among others, will largely help alter the geographic mix. To be sure, average contract values in these geographies will still be relative stragglers in comparison with those finalised by Anglophone clients either side of the Atlantic.
14.11 / 21:52
Blockchain
Ethereum
Digital
Citizens
Dreams
Actor
consequences
“Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison
Aurelien Michel, the 25-year-old designer of “Mutant Ape Planet” NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday.
14.11 / 20:13
Blockchain
Target
Digital
IRS
Blockchain Association Pushes Back Against IRS Regulations on Crypto Brokers
The Blockchain Association, a prominent crypto advocacy and lobbying group based in the US, has strongly opposed proposed Internal Revenue Service (IRS) regulations targeting crypto brokers.
14.11 / 20:13
Blockchain
Digital
Platform
Mobile
Marvell
Pinnacle
stars
Disney and Dapper Labs Join Forces to Unveil NFT Platform
Disney has announced a partnership with NBA Top Shot Creator Dapper Labs to launch a “digital pin” NFT platform.
14.11 / 20:13
Blockchain
Provident
BLOCK
Digital
Pool
country
reports
Australia Introduces Capital Gains Tax For Wrapped Tokens
The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols.
14.11 / 20:05
Provident
Digital
CEO
President
Nitrogen names new CEO as Aaron Klein steps down
Aaron Klein is stepping down as chief executive at fintech Nitrogen and will be succeeded by Dan Zitting, former president of Galvanize.
14.11 / 19:51
14.11 / 16:25
Blockchain
Provident
Digital
Platform
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crypto rules
Turkey's crypto rules seen addressing licensing, taxation after boom
Turkey's new rules to regulate the crypto market are likely to focus on licensing and taxation, sector officials say, as the world's fourth-biggest crypto-trading country seeks to get off an international financial crime watchdog's «grey list». Ankara promised the regulations last month amidst a years-long boom in crypto trading, as soaring inflation and a plunging lira currency drives a demand for alternative assets.
14.11 / 15:57
Digital
Cooper
economy
President
Experts
innovations
reports
South Korea's Yoon will warn APEC leaders about the risks of a Russia-North Korea arms deal
South Korean President Yoon Suk Yeol says he will discuss international response to the purported North Korean-Russian weapons deal during the Asia-Pacific Economic Cooperation summit in San Francisco this week
14.11 / 15:57
14.11 / 15:57
Digital
Strategy
Mobile
economy
performer
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travelers
White House releases plan to grow radio spectrum access, with possible benefits for internet, drones
The White House is releasing a strategy to potentially expand the availability of radio spectrum needed for cellphones, satellites, navigation, space travel and other emerging technologies
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