Digital Financial News
18.08 / 00:49
17.08 / 23:55
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Ruble
Russia begins digital ruble pilot
The pilot will begin on 15 August and involve select clients of the participating banks. It will test the opening of digital ruble accounts and money transfers to them, person-to-person transfers, bill payments, and QR code-based payments.
17.08 / 22:19
17.08 / 19:11
17.08 / 19:09
UPS
Provident
Digital
Aware
Action
performer
Worker sues CBA-owned start-up, claims it made him work 60-hour weeks
Commonwealth Bank-owned startup Unloan forced a former employee to work up to 60 hours a week, perform multiple roles, and then made him redundant after he complained to human resources, the staffer alleges.
17.08 / 18:33
UPS
Provident
Digital
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stage
Reckitt Benckiser's ex-global CEO Rakesh Kapoor launches India fund
Rakesh Kapoor, former global chief executive of consumer health and hygiene products major Reckitt Benckiser Group Plc (RB), has set up an India-focused fund with a corpus of $100 million (₹830 crore). The new fund, 12 Flags India Consumer Fund, will invest the corpus over the next three years in consumer-focused businesses in their early growth stages, Kapoor told ET.
17.08 / 18:33
BLOCK
Digital
Action
Mobile
Verification mandatory for SIM card dealers
SIM card dealers mandatory and discontinued the provision of bulk connections, in a bid to curb online financial frauds, communications minister Ashwini Vaishnaw said on Thursday. The telecom operators will do mandatory registration of franchisee, point of sale (PoS) agents and distributors. This will help in eliminating the rogue PoS who by fraudulent practices issue SIMs to anti-social/anti-national elements.
17.08 / 18:33
Digital
Airtel Payments Bank Q1 revenue jumps 41% to Rs 400 crore
Airtel Payments Bank reported a 41% increase in revenue to ₹400 crore in the fiscal first quarter, on the back of a strong uptake of its digital offerings comprising digital banking solutions and financial services.Bharti Airtel's payments banking arm also reported a 143% year-on-year jump in net profit to ₹5.1 crore for the April-June quarter. Annualised revenue was upwards of ₹1,600 crore.
17.08 / 18:33
Art
Digital
cover
Inside
Green Day 30th anniversary: 'Dookie' reissue in vinyl set and CD box
Green Day will reissue the album. Set for release next month, it will be a limited-edition 6-LP vinyl box set and a four-CD box set besides being released online.
17.08 / 18:29
17.08 / 18:19
Digital
Parke
The trouble with having too many bank accounts
tax returns. Second, a minimum balance needs to be maintained in every bank account. So, the greater the number of bank accounts, the greater the minimum balance that needs to be maintained.
17.08 / 18:05
UPS
Target
Digital
Gap
Mobile
Parke
blues
Govt spending spree ahead as polls near
NEW DELHI : The Union government, which unveiled ₹1.18 trillion worth of programmes spanning mobility to digital sectors, plans to make additional such mega announcements during the festive season until the year-end, four people with direct knowledge of the matter said. The proposed announcements may include a ₹1 trillion mission mode project to modernize the railway signalling system, a ₹3 trillion Bharatmala Phase-2 programme to boost connectivity to infrastructure projects such as multi-modal logistics parks and ongoing expressways, a ₹5,000 crore incentive package to encourage the construction of vessels and ships to develop a blue economy, and a viability gap funding (VGF) scheme for coal gasification.
17.08 / 18:05
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Provident
FIVE
Digital
country
social
Sitharaman urges CAs to adopt carbon, CSR, ESG practices
Finance minister Nirmala Sitharaman has urged chartered accountants (CAs) in the country to familiarize themselves with new-age concepts and areas of accounting and compliance including carbon accounting, CSR (corporate social responsibility) accounting and auditing as well as due diligence related to ESG (environmental, social and governance) to be at par with their counterparts in other nations amid changing global practices and compliance needs. “There are newer areas with which chartered accountants will have to familiarize themselves, especially given global developments, to better advise clients on new greenfield areas.
17.08 / 18:05
Digital
Booking
boost
stake
RBI rejects Cred bid to boost stake in Newtap Fin
NEW DELHI : Cred’s attempt to increase its stake in a non-banking finance company founded by Kunal Shah has run into hurdles, with the Reserve Bank of India rejecting the Bengaluru-based fintech’s application, two people familiar with the development said. The fintech’s plan to increase its stake in Newtap Finance, formerly Parfait Finance and Investments, from the current 23.6% stake suffered a setback after the regulator returned Cred’s application. For now, Shah owns 76%.
17.08 / 18:05
COST
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Citi
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Digital
Google
Platform
Saving private Dunzo: Where’s the white knight?
₹200," the executive, who declined to be named, said. That concierge service was the earliest version of Dunzo Digital Pvt. Ltd, now a popular quick commerce company, that almost became a unicorn, or a company with a valuation of over a billion dollars, last year.
17.08 / 16:55
UPS
Digital
Bitcoin
FTX-tied Alameda gets $175 million claim on Genesis bankruptcy estate
cryptocurrency trading firm Alameda Research was granted a $175 million unsecured claim on the estate of bankrupt crypto lender Genesis Global Capital, according to a court filing dated Wednesday. The settlement marks a significant reduction from the nearly $3.9 billion claim that FTX, which is also bankrupt, had asserted earlier this year.
17.08 / 16:33
Provident
Digital
Actor
country
Pakistan caretaker PM Anwaarul Haq Kakar's 18-member Cabinet takes oath
Kakar will stay in power till the general elections are conducted and will ensure a seamless transition of power. On Thursday, Pakistan president Arif Alvi administered an oath to the caretaker Cabinet at Aiwan-e-Sadr, the presidential house. According to an official statement, 16 federal ministers and 3 advisers are part of the Cabinet.
17.08 / 16:33
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Amazon
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show
Where To Watch 'Strays' (2023) Online Streaming Here's How
Watch Strays online is free, Strays Online Full Movie which includes streaming options such as 123movies, Reddit, Netflix, HBO Max, Disney Plus or Peacock, or Amazon Prime in the United States, US, United Kingdom, UK, Canada, France, Italy, Japan, Australia. Barbie Release in the US? Yes, we have found an authentic streaming option/service.Is Barbie available to stream below link.
17.08 / 16:01
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Exploring Early and High Returns: Investors Are Getting Hyped for CONG
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
17.08 / 15:47
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Digital
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Interface
country
electronic
Indian
Trinidad and Tobago inks pact for sharing Indian technology stack
Trinidad and Tobago has signed an agreement with the Indian government for sharing the India Stack, which is a collection of open application programming interfaces and digital public goods for identity, data and payment services. The agreement was signed in the presence of officials from the Ministry of Electronics and IT (MeitY), National E-Governance Division, and the Ministry of External Affairs, according to an official release.
17.08 / 15:21
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Digital
Manufacturing
Strategy
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Need a charge? Canada’s $5-billion battery plant is looking for employees
A $5-billion electric-vehicle (EV) battery plant being constructed in Windsor, Ont., by a company backed by Netherlands-based automaker Stellantis NV and South Korea-based LG Energy Solution Ltd. is now well into its hiring process.
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