Digital Financial News
03.11 / 02:47
Digital
Citizens
country
consequences
information
donates
What a Nobel laureate can teach us about the economics of electoral bonds
₹10 million. They can be bought by individuals or companies via cheques or digital payments from the State Bank of India. The buyer can donate the bonds to any political party that has received at least 1% of the vote share in the previous Lok Sabha or a state assembly elections.
03.11 / 02:27
Digital
ETF
DSP Mutual Fund launches DSP Gold ETF Fund of Fund. All you need to know
mutual fund scheme, compared to the physical version, with the freedom to trade easily. The New Fund Offer for the DSP Gold ETF Fund of Fund opens for subscription today, November 3rd, 2023, and closes on November 10, 2023. “Gold is a great addition to a typical equity – debt-heavy portfolio due to the low correlation to these asset classes.
03.11 / 02:27
Digital
Booking
Platform
pandemic
country
folk
Hard work matters but India’s challenge is to turn workers into capitalists
Narendra Modi had struck a chord with the same demographic bulge by drawing a distinction between “hard work" and “Harvard." It was a point of political rhetoric, with the latter meant as a stand-in for privilege. In a country of multitudes aspiring to lifestyles the internet had begun exposing them to, it held a special appeal among those who saw themselves on the hard-work side of that split. The actual hours they worked wasn’t relevant—nor its intensity, let alone productivity.
02.11 / 23:21
Provident
BLOCK
Digital
innovations
reports
Department
gatherings
Takeover
RBC’s takeover of HSBC Canada may raise banking fees for Canadians, MPs say
The House of Commons finance committee has asked Ottawa to reject Royal Bank of Canada’s $13.5 billion acquisition of HSBC’s domestic unit, citing the lack of competition in Canada’s financial sector.
02.11 / 21:32
Blockchain
Digital
Platform
Commerzbank
Experts
testing
Swiss National Bank Launches Wholesale CBDC in Partnership With Six Commercial Banks
The Swiss National Bank (SNB) is ramping up its efforts on the issuance of a wholesale central bank digital currency (wCBDC).
02.11 / 21:05
Digital
Cooper
Progressive
economy
country
shock
prevention
‘Stronger bilateral ties emerging amid fading multilateral treaties’
NEW DELHI : Finance minister Nirmala Sitharaman backed the need for improved bilateral trade relations between India and Sri Lanka at a time when multilateral tie-ups were not working, and said that the country should look at opportunities for regional currency arrangements, food and energy security, in order to protect the country’s economy and prevent forex driven crisis. "Global multilateral treaties are now receding. It is not happening.
02.11 / 21:05
Digital
CEO
innovations
reports
Zurich to buy 51% in Kotak gen insurance for ₹4,051 cr
Insurance Co. Ltd on Thursday marked its India entry by agreeing to buy a majority stake in Kotak Mahindra General Insurance in the single-largest investment by a global strategic insurer in an Indian non-life insurer. The Swiss insurer will buy new and existing shares of the Indian insurer from its parent Kotak Mahindra Bank for ₹4,051 crore, a joint statement said.
02.11 / 20:38
Target
Digital
Cooper
Action
Instagram
information
European privacy officials widen ban on Meta's behavioral advertising to most of Europe
European privacy officials have widened a ban on Meta's “behavioral advertising” practices to most of Europe
02.11 / 19:17
Ethereum
BLOCK
Art
Digital
Platform
exclusive
ATP Tennis Tour Unveils NFT Drop for Personalized 2023 Finals Posters
The Association of Tennis Professionals (ATP) has unveiled a partnership with digital art platform Artchild and artist Honor Titus to introduce fan-customizable digital and physical tennis posters during the upcoming 2023 Nitto ATP Finals.
02.11 / 18:21
Digital
CEO
performer
information
asset manager
Asset manager websites ‘not keeping up with current trends’
While various types of technology continue to be a resource for advisors, many advisors say asset management websites are not one of them.
02.11 / 17:57
BTC
Digital
CEO
Bitcoin
exclusive
innovations
testing
BTC Mining
Marathon
Marathon Digital Starts Methane Gas-powered BTC Mining Project
Marathon Digital, a BTC mining company, has launched a pilot mining initiative in Utah, leveraging methane gas produced from landfill waste to generate the power needed for their mining operations.
02.11 / 17:17
Provident
Digital
Mobile
electronic
travelers
gatherings
prevention
Jeevan Pramaan Patra: How can pensioners submit digital life certificate through doorstep banking service
The Central Government has established various avenues for the submission of life certificates. Among these options is the digital life certificate, known as Jeevan Pramaan, which can be easily generated online or via a mobile app. This streamlined approach enhances convenience and accessibility for pensioners, particularly those who are elderly or face challenges when it comes to travelling. Individuals aged 80 and above have the opportunity to submit it from October 1 to November 30, 2023, whereas those under 80 can submit it from November 1 to November 30, 2023.
02.11 / 15:25
Digital
Platform
film
love
country
audience
classical
Love Actually release date: Where to watch Christmas classic movie on OTT, theatres
Love Actually" will be re-released with a brand-new 4K restoration in theatres in several countries. For viewers in the US, the film will be released on home video and digitally. The iconic film, produced by Working Title and featuring an ensemble cast including Emma Thompson, Hugh Grant, Chiwetel Ejiofor, Keira Knightley, Colin Firth, Bill Nighy, and Liam Neeson, will also see its release on home video and digital platforms in the United States and France. Originally unveiled during the 2003 holiday season, «Love Actually» quickly captured the hearts of audiences worldwide and, over the two decades since its premiere, has become a cherished and enduring modern Christmas classic.
02.11 / 15:25
02.11 / 14:03
Citi
Digital
Platform
Assurant
electronic
exclusive
reports
NOT
Over 80 pc Indian retailers do not see e-commerce as a threat: Report
Indian retailers surveyed do not feel e-commerce is threatening their operations, with only 18 per cent saying that their sales have been impacted by online selling platforms, claims a study. The top industries witnessing the highest contribution from offline sales are FMCG & Retail (97 per cent), Food & Beverage (95 per cent), and Consumer Durable & Electronics (93 per cent). MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.
02.11 / 13:49
02.11 / 13:49
Digital
Platform
Adidas
Puma
Celebrity
exclusive
innovations
Adidas Web3 Platform Unveils Limited-Edition Bugatti-Inspired Shoes Auction
Adidas and Bugatti have partnered to announce the auction of a select quantity of soccer boots through Adidas’ web3 platform.
02.11 / 13:41
Digital
Platform
Commerzbank
innovations
testing
SNB moves CBDC into production on SIX Digital Exchange
The pilot, called Helvetia Phase III, marks the first time the central bank has moved from test environments into production, making wholesale CBDC available for the settlement of real bond transactions. The banks involved will carry out the transactions on the DLT platform as intermediaries for issuers and investors.
02.11 / 13:27
Digital
CEO
WhatsApp
reports
Berger Paints India Q2 results: Net profit rises nearly 33% at ₹292 crore
Berger Paints India on Thursday reported lower-than-expected second-quarter earnings, as a weak monsoon and delayed festivities offset cooling raw material costs. Consolidated net profit rose nearly 33% year-on-year at ₹292 crore ($35.1 million) for the quarter ending Sept.
02.11 / 13:05
02.11 / 11:59
Provident
Digital
Google
Bill
country
voice
gatherings
Google, Microsoft bet on Indian startup Karya to make AI work for a billion users
Preethi, who goes by a single name, as is common in the region, is among the 70 workers hired in Agara and neighboring villages by a startup called Karya to gather text, voice and image data in India’s vernacular languages. She is part of a vast, unseen global workforce — operating in countries like India, Kenya and the Philippines — who collect and label the data that AI chatbots and virtual assistants rely on to generate relevant responses. Unlike many other data contractors, however, Preethi gets paid well for her efforts, at least by local standards.
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