Digital Financial News

One of independent India’s early achievements was to set up a large-scale household survey system. The National Sample Survey (NSS) set up in 1950 and the Sample Registration System initiated in the 1960s inspired similar experiments all over the world. Since the late 1970s, innovation in the official statistical system has slowed down even as the structure of the Indian economy began changing rapidly.

bitcoin trading fees for the stablecoin. That sparked huge demand for TrueUSD as investors rushed to buy the stablecoin to enable free bitcoin trading. The exchange now controls more than 90% of all TrueUSD tokens currently in circulation, according to data from Arkham Intelligence.

Warren Buffett is issuing a cautionary note: stocks appear to be entering a phase of overvaluation, as indicated by his preferred measure.

NCCF and NAFED to sell tomatoes at a reduced rate of Rs 50 per kilogram from Tuesday in view of the decline in prices in the wholesale markets. Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, Uttar Pradesh, Rajasthan and Bihar to boost domestic availability and contain price rise. Initially, the ministry had asked the two cooperatives to sell tomatoes at a subsidised rate of Rs 90 per kg and later reduced the price to Rs 80 per kg.

Microsoft has announced the upcoming launch of a new default theme for Office applications. This change is set to be revealed in September, delivering a fresh look and feel to subscribers of Microsoft 365.

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Payments giant PayPal has launched a new feature that allows users to hold and interact with Bitcoin (BTC) and other cryptocurrencies in their accounts. 

Expleo Solutions Limited on Monday announced to bolster its workforce by hiring 5,000 skilled tech professionals by 2025 in India. Expleo's newly appointed tech professionals will be stationed across the company's prominent development centres in key Indian cities such as Bengaluru, Chennai, Coimbatore, Pune, and Mumbai.

New Delhi: The world’s first ‘Traditional Medicine Global Summit’ will be held on 17-18 August in Gandhinagar. The summit will be jointly hosted by the World Health Organization (WHO) and the Indian government.

US Congressional Committee took a monumental step by advancing a bipartisan bill that seeks to establish a comprehensive regulatory framework for cryptocurrencies. This marks a pivotal moment for Capitol Hill in its endeavors to formalize federal oversight for the digital asset industry. The crypto sector has faced increased scrutiny, especially after several investors were affected by the sudden collapse of prominent companies like Celsius Network, Voyager Digital, FTX, and others. Against this backdrop, the classification of cryptocurrencies as securities or commodities represents a progressive stride, addressing both the Commodity Futures Trading Commission (CFTC) oversight and concerns raised by the Securities and Exchange Commission (SEC). With Congress passing its first regulatory bill for the crypto industry, a long-awaited victory has been achieved, while a parallel discussion regarding stablecoin requirements under the Federal Reserve’s purview is ongoing, which will strike a balance between innovation and investor protection.Why is this bill Important?The recent advancement of the regulatory bill by the US congressional committee signifies a groundbreaking effort to provide much-needed clarity to the evolving crypto industry. For years, crypto companies have operated within a regulatory gray area, leaving both investors and businesses uncertain about their legal obligations and rights.

Rajneesh Chopra, CEO, VA Tech Wabag, says: “We will definitely be able to achieve very close to a double digit EBITDA margins for FY24. Even if you see in the current quarter, it is at 9.8% which is not far from a double digit. Historically, also, our first quarter always has been a little muted.

labour market. That makes wages a lagging, not a leading, indicator for inflation. Adam Shapiro, an economist with the San Francisco Fed, has been even more critical of the wage worries.

As the world of cryptocurrency continues its volatile dance, the BTC/USD pair is currently witnessing a marginal increase, showing gains of nearly 0.10% and trading at a noteworthy $29,442 as of Monday. 

India's UPI achieves a remarkable milestone, recor... moreIndia's UPI achieves a remarkable milestone, recording ₹15.34 lakh crore in transactions, reflecting a 44% YoY growth.

Reliance Jio has also announced certain interesting offers as a part of its Independence Day celebration. As part of the Independence Day promotion, the telecommunications company is providing 50GB of data advantages for all unlimited data recharges priced at or above ₹199. Additionally, Vodafone Idea customers will receive immediate discounts of ₹50 and ₹75 on recharge packs of ₹1,449 and ₹3,099, respectively.

Since its release, Barbie has made a huge impact on pop culture and fans can’t seem to get enough of the movie. Many are wondering where they can stream the Greta Gerwig-directed film. Without further ado, here’s where you can stream Barbie online.

multiplexes and cinema halls witnessed a record number of admissions driven by movies such as 'Gadar 2', 'Jailer', 'OMG 2' and 'Bhola Shankar', boosting their combined gross box office collection to over Rs 390 crore. This weekend set a «new all-time theatrical gross box office record» in its 100 years of history, said a joint statement from the Multiplex Association of India (MAI) and Producers Guild of India (PGI). «The weekend drew over 2.10 crore moviegoers to theatres across the county, which is the highest combined admissions record in the last 10 years of history,» it said.

India has become the second largest mobile producing nation as locally made mobile phone shipments crossed the 2 billion cumulative mark in the 2014-2022 period, registering a 23% growth compounded annually, according to a new report. More than 98% of shipments in the overall Indian market were locally made in 2022, compared to 19% in 2014 when the current government took over, according to a report by Counterpoint Research.

₹57,760, up 11% year-on-year, and segment's profits at ₹264 crore, up 19% year-on-year. Overall occupancy was 62% and the company plans to achieve more than 70% over the next two years, Group CFO Akhileswaran Krishnan said. Analysts at Motilal Oswal Financial Services said that., “We remain positive on Apollo Hospitals due to its sustained healthy growth/ profitability in healthcare services.

India has had a payments revolution with UPI. Now, thanks to India’s digital public goods, another financial revolution is underway. This time, it’s in lending. Aadhaar led the Gen 1 public goods. Gen 2 has DigiLocker, Account Aggregator, and Video KYC. Together, these are enabling lending with speed, cost savings, and convenience.

Instagram introduced Threads, a response to Twitter's changes. At the outset, Threads surged, attracting a remarkable 100 million users at an unprecedented pace. Amidst the Twitter-to-X transition and the Elon Musk-led platform's upheaval, Threads generated substantial buzz.