Digital Financial News

The ongoing bitcoin bear market has been difficult for cryptocurrency entrepreneurs like Tyrone Ross, but it hasn’t been enough to slow him down.

Infosys founder N R Narayana Murthy and Tech Mahindra CEO C P Gurnani called on Rajasthan Chief Minister Ashok Gehlot here on Friday. Sharing a photo of the meeting on 'X', formerly Twitter, Gehlot wrote, «Narayana Murthy appreciated the IT infrastructure of Rajasthan and praised the public welfare schemes of the Rajasthan government.' Murthy particularly appreciated the use of blockchain technology in the government IT infrastructure of Rajasthan, he said.

MUMBAI : Moody’s Investors Service on Friday affirmed India’s long-term local and foreign-currency issuer ratings at Baa3 and retained the stable outlook while flagging risks from the country’s “high debt burden" and curbs on political dissent. The current rating of Baa3 and stable outlook, Moody’s said, also consider a “curtailment of civil society and political dissent, compounded by rising domestic political risk".

RRR, Pushpa, and KGF: Chapter 2, which initially found favour with north Indian audiences, is waning. According to a recent report by multiplex operator PVR Inox, the share of Hindi (dubbed) content has fallen from 28% in Q1 FY23 to just 7% in Q1 FY24. This shift is attributed to a mix of audience fatigue with Hollywood movies, including the Marvel series, as well as fewer south Indian films having nationwide popularity compared to FY23, said industry experts.

US Department of Health and Human Services Secretary Xavier Becerra said on Friday. A top official of his country will be visiting India very soon to address the issue of shortage of some crucial drugs including those for cancer in the US, he said. «We have a very strong and dependent relationship with India when it comes to pharmaceuticals.

Mumbai, August 17, 2023: One Point One Solutions, a Business Process Management (BPM) service provider, has reported that its net profit in the June quarter was doubled to ₹4.32 crore as compared with ₹1.79 crore in the year-earlier period, up 141%. Total income during the quarter ended June 30, 2023 increased 14.81% to ₹40.24 crore, as compared with ₹35.05 crore a year ago. EBITDA was at ₹12.81 crore, as compared with ₹8.63 crore in the same period the year earlier, up 48.44%.

New Delhi: The G20 Trade and Investment Ministerial Meeting will be held in Jaipur on 24-25 August. The meeting will be preceded by the fourth and last Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency on 21-22 August, the ministry of commerce & industry said.

The responsibility for maintaining the superior quality of an organization's products rests with the product development department. Chief Development Officer roles also encompass strategy formulation, user understanding, and effective implementation, in addition to execution. The specific responsibilities of a Chief Development Officer can vary based on the organization. At times, a Chief Development Officer may issue directives for every aspect of the product development process. They may also be required to take necessary measures to ensure the efficient execution of their tasks. The Chief Development Officer serves as a facilitator to ensure the timely delivery of the finalized product. Learn about Digital Strategy Development Expertise in ISB Chief Digital Officer Role of CDOA chief development officer is a cr

Moody’s Investor Service Friday affirmed India’s 'Baa3' rating with a stable outlook. The ratings agency said that rising growth will contribute to higher income levels and overall economic resilience.

To become a CTO, students can engage in finance courses at the undergraduate and graduate levels as well as management courses like the BBA and MBA. India is home to a large number of renowned management institutes, including IIMs and other elite management institutes. Admission to these colleges for undergraduate and postgraduate studies is through management entrance tests.Who is a CTO?The Chief Technology Officer (CTO) is the senior person in charge of the company's technology goals, as

Amazon Data Services India has picked up a land parcel spread over four acres in Mumbai’s Powai suburb from engineering and construction major Larsen & Toubro through a long-term lease of nearly 18 years. The subsidiary of Amazon is planning to develop a data center on this land parcel for which it will be paying rent of over Rs 562 crore over the total lease tenure excluding the rent escalation. The agreement includes a clause to escalate lease rental by 3% every year.Amazon Data Services India has already paid a security deposit worth Rs 2.40 crore to Larsen & Toubro.

Narendra Modi in his Independence Day speech on 15 August and rubber-stamped by the Union cabinet a day later, arguably marks a watershed in the development of India’s vast, almost entirely unorganized and hugely underserved traditional skills and crafts sector. With an outlay of ₹13,000 crore spread over five years, it aims to provide loan assistance of up to ₹3 lakh in two tranches, at a concessional interest rate of 5% per annum.

Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s SpaceX selling Bitcoin holdings added to the concerns. 

Amidst a volatile landscape, the cryptocurrency market has witnessed Bitcoin, currently trading at $26,423, experiencing a significant decrease of nearly 11% in the last seven days. 

The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC.

₹900 apiece on both NSE and BSE, delivering over 21 per cent listing premium to the lucky allottees. The book build issue was offered at a price band of ₹705 to ₹741 per equity share and the issue had received strong response by investors as well. However, the newly listed stock surprised market observers further by extending its listing premium further.

Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. But many companies remain wary of security and copyright risks as well as the dangers of unintended biases baked into the raw information feeding the software, meaning humans will remain part of the process for the foreseeable future.

National Investigation Agency (NIA) on Friday conducted raids at eight locations in Jammu and Kashmir pertaining to a case of criminal conspiracy to carry out terrorist and subversive activities hatched by cadres of various proscribed organizations and their affiliates. According to the case, the terror outfits used the cyber-space to target minorities, security personnel and spread communal disharmony in Jammu and Kashmir.

Bata India clarified it 'continues to explore opportunities for strategic alliances' after speculations that it is in talks with footwear giant Adidas for a strategic partnership for the Indian market. A television channel in India had reported on Thursday citing sources that Bata is in partnership talks with Adidas.

Tetra Trust Company (Tetra),  Founded in 2019,  Canada's only licensed custody solution for digital assets, has announced the rollout of increased staking functionality through its strategic partnership with Kiln, a leading enterprise-grade staking platform.

Russian regions say that the nation’s CBDC, the digital ruble, will help them fight corruption by “eliminating the shadow economy.”