Digital Financial News

External Affairs Rajkumar Ranjan Singh on Saturday urged airlines from Vietnam to explore launching direct flights to cities in north-eastern states of India to provide increased investment and tourism opportunities to both countries. Guwahati, considered the Gateway to Southeast Asia, has an international airport with direct flights connecting Bangkok and Singapore, Singh said while addressing a session on investment and trade at the North East India Festival here. «All eight North East states are well connected by air, land and rail with other parts of India.

Microsoft Teams, businesses in India will soon gain enhanced flexibility to connect with customers nationwide via fixed-line internet connections, claims Airtel. Abhishek Biswal, Business Head, Airtel IQ, said in a statement, “We are delighted to partner with Microsoft to bring an agile, flexible and innovative solution to ease one of the biggest issues facing Indian enterprises today.

Digital Rupee: In a bid to boost volums in RBI's e-rupee transactions, Indian banks are offering incentives for using the central bank digital currency. Three sources familiar with the development told news agency Reuters. Sources went on to add that incentives from Indian banks ranges from cashback, reward points, etc that credit and debit cards offer to its users.

AU Small Finance Bank on October 28 reported a net profit of ₹401.8 crore in the second quarter of fiscal year 2023-24 (Q2FY24), which is 17.3 percent higher as compared to ₹343 crore reported in the year-ago period. The private sector bank's net interest income (NII) came in at ₹1,249 crore in the September 2023 quarter, higher by 15.3 percent as against ₹I,083.4 crore reported in the corresponding period of the last fiscal. The gross non-performing asset (NPA) ratio of AU Small Finance Bank improved to 1.76 percent in Q2FY24, from 1.91 percent in the preceding quarter.

NuggetRush (NUGX) redefines the crypto space by combining real-world gold mining, gaming, and cryptocurrency, forming an engaging Play-to-Earn (P2E) platform. On the other hand, Dogecoin (DOGE) maintains its status as the biggest meme coin amid price volatility and market challenges.

workspace marketplace and brokerage platform Qdesq has raised fresh funding from Gruhas, a VC with focused investments in PropTech. The company had earlier raised fund from JLL, and has now raised Rs 30 crore till date. Along with Qdesq, the company is building an enterprise SaaS platform called Qudify, which upgrades and digitizes enterprises and workspaces with QR-based visitor management, meeting rooms and complaint management system. “This is our second investment from a venture capital firm after JLL Spark.

Whether you are an experienced chef or an aspiring home cook, Bosch's state-of-the-art technology and carefully designed ovens and microwaves simplify meal preparation. Within this collection, we present to you the best Bosch microwaves and ovens, promising to elevate your culinary journey to new heights. So, without wasting any time delve into the fusion of German engineering and culinary artistry that Bosch brings to your kitchen.

Himalayan 452 will have a weight of 196 kg, which is 3 kg lighter than the 411 version. Reportedly, the Himalayan 452 will be equipped with a fresh 451.65 cc single-cylinder engine featuring liquid-cooling, marking a first for Royal Enfield. It is anticipated that the engine will deliver approximately 40 bhp at 8,000 rpm, with an expected early torque output of around 40 Nm.

ITR filing: The Income Tax Department has added news schedule in Income Tax Return (ITR) form for the the assessment year 2023-24. This new schedule aims to help investors report their income from virtual assets. The name of this new schedule is Virtual Digital Assets (VDA).

Whether you are looking for efficient ceramic heaters or compact fan heaters, Havells has a solution for every room and requirement. In this article, we’ll explore some of the best Havells room heaters, featuring innovative technologies, sleek designs, and energy-efficient performance. Therefore, it’s time to say goodbye to shivering as we delve into the world of Havells room heaters to help you discover the perfect one for your home.

These high-growth startups, often credited as category creators, have introduced entirely new industry segments, positioning them as critical players in India's ambitious goal of reaching a $5 trillion economy by 2025 and achieving full-fledged developed nation status by 2047. Startup20 Vision that aims to empower Indian startups as the catalyst for global economic advancement" and the rapidly growing deeptech startup prospects that are fosterting the emergence of future unicorns from sunrise sectors are among the central themes in this thriving ecosystem, propelling innovation, expansion, and global economic impact. At the Delhi-NCR edition of the ET Soonicorns Summit 2023 – an Economic Times initiative to track the next frontiers of growth for the Indian startup ecosystem – Startup20 Vision and the Deeptech sector will be in focus, with a Keynote Addresses by Jeet Vijay, CEO, MEITY Startup Hub and Geetika Dayal, Executive Director.

Google has agreed to invest up to $2 billion in the artificial intelligence company Anthropic, a spokesperson for the startup said on Friday. The company has invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, the spokesperson said.

profiled banker and digital evangelist, Ashok Vaswani, who steps into the vacuum created by Uday Kotak's exit at Kotak Mahindra Bank (KMB) after nearly four decades at its helm. The key questions are: will Vaswani be able to settle the dust at KMB and compete in a fierce financial services market that is also tightly regulated? Read our Snapview for a sharp perspective on Vaswani's challenges at KMB. Meanwhile Subhash Narayan from our policy bureau in New Delhi reported that the Indian government is considering a clean up of public sector banks by drawing up a fresh list of which of those to privatise.

Tata group’s ecommerce superapp Neu housed under Tata Digital. Rajiv Subramanian, who heads the travel business at the firm, has resigned, adding to the list of senior level departures at the firm over the last year, people aware of the matter said. Subramanian was formerly travel firm Cleartrip's head before he joined Tata Digital in November 2021. He is considering setting up his own venture but it is not finalised yet.

succession planning more than ever before as an intensifying war for top-deck talent and the rising mobility of key personnel prompt organisations to proactively build up a second and even third line, said board members and chief executives. Besides, a push from boards and investors amid a manifold increase in the complexity of risks facing any company is leading many — especially in sectors such as financial services and technology, and at large diversified conglomerates — to take succession planning to at least two levels below the CEO and CXOs.

US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins.

Jujutsu Kaisen, after its intriguing events in Chapter 240, has kept its readers on their toes, eagerly anticipating what comes next. With the recent turn of events, fans are keen to know about the release of Chapter 241.

Akash Ambani, chairman, Reliance Jio, Sunil Mittal, chairman, Bharti Enterprises, and Kumar Mangalam Birla, chairman, Aditya Birla Group (the co-parent of Vodafone Idea), also told delegates at Asia’s biggest technology event, the India Mobile Congress, that they will double down on investments to ensure broader rollout of 5G in the country. “Country after country as well as World Bank, United Nations, WTO, the Africa Union, the EU, G20, BRICS – everyone is chanting that the digital infrastructure model that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure,” Mittal said. Echoing the sentiment, Jio’s Ambani said using the latest technology can improve the lives of people and the best example of it is India’s digital public infrastructure, purpose-built on an integrated technology backbone that helps the state achieve its stated objective of financial inclusion for the underprivileged. “Millions of youngsters like me are inspired by your work in making Digital India a means to build a more innovative, inclusive and sustainable world,” Ambani said, referring to Prime Minister Narendra Modi. Speaking at the inauguration of India Mobile Congress, Ambani and Mittal also underlined their readiness to offer broadband-from-space services. Kumar Mangalam Birla, additional director of Vodafone Idea, added that India has emerged as a champion of the global south, with many countries from the global south now eager to adopt “India’s path breaking digital public infrastructure assets across identity, payments, and data management.” Mittal also highlighted the success India has achieved in manufacturing in the last few years with players ranging from Apple to

Chinese telecoms equipment maker Huawei Technologies has reported its profit inched higher in the first three quarters of this year despite persisting U.S. sanctions that have hindered both its sales and its purchases of advanced technology

Cipla's managing director and global CEO Umang Vohra said on Friday that reports over the possible sale of promoters' stake in the company and the uncertainty surrounding it is making people within the company anxious. «I am definitely anxious. As a human being, I am anxious because so many things depend on this decision,» Vohra said in a post quarterly earnings call with reporters.

India vs Pakistan World Cup match on digital eclipsed TV, marking a watershed moment in Indian sports consumption. Industry watchers say this is the first time a cricket match has had more viewership on digital than on TV. According to BARC data, India vs Pakistan match attracted 173 million TV viewers on the Disney Star network and Doordarshan, whereas 225 million viewers watched the match digitally on Disney+ Hotstar.