Digital Financial News
17.09 / 19:43
Lowe's
Digital
Vodafone
show
star
cricket
Telcos may spend only half of last year's outlay on ads during cricket world cup: Media planners
Reliance Jio, Bharti Airtel and Vodafone Idea — are expected to limit media spending in the upcoming ICC Cricket World Cup, media planners said, adding their cumulative spends for the festive season could well be around half of the ₹350 crore they spent last year. The World Cup, which coincides with the Diwali season this year, will form part of the media plan, but may be restricted to digital activations and point-of-sale promotions, as opposed to mainline television campaigns with only two meaningful telecom advertisers in the market and the need for aggressive high-cost marketing being low, they added. However, the longer festive season — September end to December end — may see the telcos loosen their purse strings, especially if 5G smartphone shipments show signs of pick-up. «We observe that the telecom industry did not invest significantly in the past year, and even the smartphone market is anticipated to launch multiple campaigns, resulting in an upswing in demand for telecom services.
17.09 / 18:51
UPS
Digital
Aware
Carrying cash 'n' coins
cashless is preferred by more and more people. Which is why having cash — and coins — is also growing as the latest personal monetary policy statement among the currency cognoscenti.
17.09 / 18:21
UPS
Digital
Ball
Mobile
Apple
country
cover
Now, global-position NavIC as a go-to GPS
Apple has set the ball rolling by supporting India's homegrown global positioning system (GPS), NavIC (Indian Regional Navigation Satellite System). GoI hopes to persuade other mobile handset-makers to incorporate the positioning system that uses a clutch of indigenous satellites to cover an area of 1,500 km beyond India's borders. Apple is leading the way in showcasing Indian technological capability to a wider audience.
17.09 / 18:11
17.09 / 17:33
UPS
Digital
Manufacturing
show
cover
electronic
Tech inputs duty review soon
NEW DELHI : The government is set to rationalize tariffs for inputs and sub-components used for making electronics goods, according to minister of electronics and information technology Rajeev Chandrasekhar. The ministry of electronics and information technology has been in discussions with the revenue department under the ministry of finance to review the tariffs or import duties on the components that are needed for local production of finished goods that is being scaled up. “We have in the last budget also made our point of view known to the department of revenue.
17.09 / 17:33
Digital
Cooper
country
Group of 20 and the secret of real estate holdings
real estate holdings that are sought to be kept secret. The aim is to improve tax transparency and compliance. This push could eventually lead to a new global reporting framework for property assets.
17.09 / 17:33
UPS
Provident
Digital
film
country
PM Vishwakarma takes off with ₹13K crore for artisans
NEW DELHI : Prime minister Narendra Modi on Sunday launched a ₹13,000 crore PM Vishwakarma scheme that aims to help artisans and craftsmen with collateral-free loans and other financial incentives and training for upskilling. Under the scheme, artisans would get collateral-free credit of up to ₹3 lakh at a concessional interest rate of 5%.
17.09 / 15:51
COST
Target
Digital
Platform
Pool
social
Let us mitigate the adverse impact of data monopolies
market capitalization in 2023 included four technology companies, one social media platform, and one online marketplace. In 2009, their collective number was one. In 14 years, digital companies, led by data usage, have challenged the neoclassical approach to business.
17.09 / 13:59
Twitter
Digital
Extreme
Career
Platform
Fighting
social
Warning
elon
Elon Musk issues warning on ‘free speech’ for X employees: ‘Anyone who does no comply will be…’
Elon Musk, the owner of micro blogging site ‘X’ (former Twitter) has issued a whip for ‘X Corp’ employees with regards to ‘free speech’ on the social media platform. Elon Musk requoted a tweet by X News Daily, which quoted German prosecutors saying, “X is complying with more German requests compared to pre-acquisition when it comes to identifying users in Hate speech cases".
17.09 / 13:59
UPS
Provident
Digital
Mobile
Enterprise
Three-layer verification process for Vishwakarma scheme recipients: FM
₹3 lakh in two tranches under the Vishwakarma scheme will be identified through a three-layer verification process, one each by gram panchayats, district collectors and state-appointed committees, finance minister Nirmala Sitharaman said on Sunday. The Ministry of Micro, Small and Medium Enterprises (MSME) will also provide skilling camps and toolkits, and facilitate access to these local products in domestic and international markets, Sitharaman added at the launch of the new central scheme on Sunday. The MSME ministry will extend collateral-free loans to recipients of the scheme.
17.09 / 13:51
Twitter
Digital
Platform
Fighting
Tesla
country
social
Musk vouches to 'fight for max freedom of speech under law' on X
Elon Musk on Sunday vouched that his social media company X, formerly Twitter, will fight for maximum freedom of speech under the law. Musk said that while his company follows the aforesaid policy, anyone working at X who does not comply with the principle can join «other social media companies who sell their soul for a buck», he wrote in a post on X.
17.09 / 13:51
FIVE
Digital
Booking
Amazon
Software
Interface
Indian
services
This UK startup by an Indian entrepreneur uses AI to transform services
AI) software. Opened for a funding round recently, Anuj Gupta's GreenVan uses a simple WhatsApp interface. It is designed as an 'Amazon of Services' offering that intends to transform the way people book essential tasks online. It was born out of Gupta's own experience of relocating from the US to the UK around five years ago and finding the experience of sourcing reliable trade people a rather cumbersome word-of-mouth process.
17.09 / 13:51
UPS
Digital
CEO
Software
Software firm General Datatech may start India sales within a couple of years
General Datatech (GDT) said it may start selling its products to clients in India in a couple of years. The company which runs operates out of Bengaluru in India currently serves only US clients. «While we don't do much business with Indian companies yet, our operations here contribute to about 30% of our global revenue,» group CEO Shawn O'Grady told ET. That may rise to 40% in the next couple of years, he added.
17.09 / 11:09
Digital
Microsoft
Google
Interface
track
voice
Google tests Microsoft Edge-like 'read aloud' feature on Chrome
Google Chrome will soon add a Microsoft Edge-like «read aloud» feature for desktop users, currently available in the Canary version for testing. With this, users can control the rate at which articles are read aloud by adjusting the playback speed, reports BleepingComputer.
17.09 / 10:35
COST
UPS
Provident
FIVE
Digital
country
Power
Developed nations' outlook towards India changed after PM Modi came to power: Union minister Kiren Rijiju
Narendra Modi is regarded as a great leader globally, Union minister Kiren Rijiju on Sunday asserted that developed nations' outlook towards India has changed significantly after the BJP-led government came to power in 2014. He was addressing a function here on the occasion of the launch of the PM Vishwakarma scheme, which envisages providing support to traditional artisans and craftspeople. «Earlier, leaders from India were not given importance during their visits to foreign countries.
17.09 / 10:35
Target
Digital
Gap
DXY
CAD
Commodity Talk: Crude oil may remain above $95/BBL on steady demand, supply squeeze: Navneet Damani of MOFSL
India is the world’s 3rd largest oil importer and the rise above $95 could bring back inflation fears and put pressure on India's fiscal math. India’s current account deficit can widen, thus weakening its currency, says Navneet Damani, Head of Commodity & Currency Research at Motilal Oswal Financial Services.Considering the current trends in crude oil prices, where do you see Brent/WTI price targets in the near term and for the year 2023? Oil prices have been on a roll trading at 10 months highs recently, as Chinese central banks have been cutting cash reserve requirements to boost its economic recovery, expectations of peaking interest rate cycles by major central banks along with output cuts driven by Saudi Arabia and Russia amid record global consumption. Prices got a further boost after the IEA warned that continued supply cuts by the two OPEC+ leaders are likely to create a “significant supply shortfall” and threaten further price volatility.
17.09 / 09:31
BTC
Target
Digital
Manufacturing
CoinMarketCap
Bitcoin
Bitcoin Price Prediction as Bulls Push BTC Above $26,000 – Will BTC Keep Rising?
Bitcoin's bulls are demonstrating their might, driving the world's premier cryptocurrency past the significant $26,000 benchmark.
17.09 / 09:25
17.09 / 08:33
COST
UPS
Digital
MAT
PM Modi launches 'PM Vishwakarma' scheme for traditional artisans
Vishwakarma Jayanti', Prime Minister Narendra Modi on Sunday launched 'PM Vishwakarma' scheme for the benefit of traditional artisans, with an allocation of Rs 13,000 crore. The event took place at the newly inaugurated India International Convention and Expo Centre in Dwarka, New Delhi. The launched scheme will offer skill enhancement through both basic and advanced training, a toolkit incentive of Rs 15,000, collateral-free credit support up to Rs 1 lakh (first tranche) and Rs 2 lakh (second tranche) at a concessional interest rate of 5 per cent, incentives for digital transactions, and marketing support, read a PMO press release. «PM Vishwakarma scheme has been launched today which will emerge as a ray of hope for artists and craftspersons,» said PM Modi during the event. The scheme will register 'Vishwakarmas', who create using their hands and tools, at no cost through Common Services Centres, utilising the biometric-based 'PM Vishwakarma' portal. These artisans and craftspeople will receive recognition in the form of a PM Vishwakarma certificate and ID card. It will benefit artisans and craftspeople in rural and urban areas across India.
17.09 / 08:33
Ethereum
FIVE
Digital
Platform
coinbase
Enterprise
film
Billionaire investor Mark Cuban loses $870K in crypto scam
Mark Cuban, an American businessman, investor, film producer, and television personality, lost about $8,70,000 to a crypto scam late on September 15. On-chain sleuth Wazz first noticed the unusual transactions in the MetaMask cryptocurrency wallet labelled 'Mark Cuban 2' on EtherScan. The wallet had been inactive for more than five months, reports CryptoSlate. «Lmao, did Mark Cuban's wallet just get drained? Wallet inactive for 160 days and all assets just moved,» Wazz posted on X (formerly Twitter). The news was first reported by DLNews.
17.09 / 07:59
Digital
Google
voice
Google Voice adds spam text warnings on Android, iOS
Google Voice has introduced a new feature that is similar to the «suspected spam caller warnings,» but this time for SMS messages. On both Android and iOS devices, users will now be alerted of suspected spam messages with a red exclamation sign appearing in the profile avatar spot. The message preview will also include the phrase «Suspected spam» in a matching colour for easy identification.
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