Digital Financial News
11.08 / 02:47
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Digital
Booking
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country
Record profits for Nick Scali, but retailer warns of slide in orders
Nick Scali has posted a record profit in the 12 months to June 30, helped by a double digits sales and earnings growth, but the furniture retailer is warning that consumer sentiment has “deteriorated” and orders are falling.
11.08 / 02:33
11.08 / 02:11
Digital
Extreme
Enterprise
Simulation
country
cover
Future
ETtech Opinion: How the Metaverse will reinvent healthcare and its future
healthcare necessitated physical interactions between patients and clinicians. Over the years, the healthcare industry has evolved in leaps and bounds through cutting-edge innovations such as telemedicine, virtual reality (VR) enabled medical education, robotic surgeries, and so on. It is given that technology will continue to help healthcare push new frontiers, where the metaverse will play a key role in its transformation.
11.08 / 00:41
UPS
Provident
Digital
Citizens
social
Regulators may have to ping data board on privacy matters
Data Protection Board (DPB) before making any rules or passing any directions that are likely to have a direct or indirect impact on personal data privacy and digital security of Indian citizens, a senior government official told ET. This, the official said, would be done to avoid any confusion and variance in regulations regarding rules on personal data of citizens. “The RBI, for example, has already some rules around how data fiduciaries such as banks and financial institutions should handle the personal data of their Indian users.
11.08 / 00:41
COST
UPS
Target
MAIL
Digital
Inside
blues
Irdai on a transformational journey to take insurance to masses
However, these are just two of the steps undertaken by the Insurance Regulatory and Development Authority of India (IRDAI). After years of being run in a hard-nosed, bureaucratic manner, the country’s insurance regulator is on a transformational journey under new chairman Debasish Panda. This has elated founders of insurtech startups as well as venture investors looking to bet on the space.Also read | Acko receives IRDAI nod to commence life insurance business This is not completely a bolt out of the blue.
10.08 / 21:21
COST
Digital
Booking
reports
Q4
News Corp reports Q4 EPS beat while revenues slightly miss expectations
News Corp (NASDAQ:NWSA) reported its Q4 results, with EPS of $0.14 coming in better than the consensus estimate of $0.09. Revenue fell 9% year-over-year to $2.43 billion, missing the consensus estimate of $2.48B.
10.08 / 17:15
Digital
Regulate digital devices to protect health data, says Par Panel
₹90,000 cr) in 2020 which is expected to reach at $ 50 billion by 2050. Right now, its share in the global medical device market is estimated to be 1.5%. Queries sent to the health ministry spokesperson remained unanswered till press time.
10.08 / 16:28
10.08 / 15:43
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Target
Digital
CEO
Assurant
Align
Support
RBI's decision on interest rate to support growth, check inflation: Industry
Reserve Bank of India (RBI) left its key policy rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher. The monetary policy committee (MPC), which has three members from the central bank and a similar number of external members, held the benchmark repurchase rate (repo) at 6.50 per cent in a unanimous decision.
10.08 / 15:43
Citi
Digital
Platform
Action
country
tenor
NOT
Bankers call RBI policy as nuanced; CRR move will not impact lending ability
Bankers said the Reserve Bank's move to impose a 10 per cent incremental cash reserve ratio will not impede banks' ability to lend while the status quo on policy rates was on expected lines. The Reserve Bank opted for the status quo in key policy rates for the third consecutive time on Thursday.
10.08 / 15:43
UPS
Digital
VISA
Mobile
country
foreign
India has highest number of foreign students in Germany: Ambassador Philipp Ackermann
foreign students in Germany are from India with over 42,000 students, a 25 per cent rise within a year, German Ambassador to India Philipp Ackermann said on Thursday. «Great! 42,000+ Indian students in Germany, 25 % more within one year.
10.08 / 15:37
COST
UPS
Target
Digital
Aware
show
Costs
Inflation, and Housing Costs, Are Set to Turn a Corner
Americans are paying more to rent or insure their homes than a few years ago and much more to buy one with a mortgage, but there’s a silver lining in that hardship: A cool-down could help convince the Federal Reserve to pause its series of interest rate hikes. Thursday’s report from the Labor Department on inflation showed that more than 90% of the increase in prices in July came from shelter. Other big contributors were things like motor vehicle insurance.
10.08 / 15:09
Blockchain
Waves
BLOCK
Digital
Platform
Bitcoin
social
13 developments that could kindle the public’s interest in the crypto industry
For many, the crypto industry feels as though it’s hovering on the brink. It attracts high-profile attention and headlines; yet widespread public interest and adoption haven’t yet followed.
10.08 / 14:27
Twitter
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Actor
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Dulquer Salmaan unveils trailer of gangster drama 'King of Kotha'
Dulquer Salmaan on Thursday unveiled the trailer of his highly-anticipated movie 'King of Kotha', which sees the actor play an alcoholic gangster. 'King of Kotha' is a Malayalam period drama directed by debutant filmmaker Abhilash Joshiy. It is Salmaan's first release after the 2022 hit Telugu movie 'Sita Ramam'.
10.08 / 13:43
UPS
Provident
BLOCK
Digital
Flipkart terms passage of data protection bill 'good move'
Flipkart is on the «same page» with the government on the Digital Personal Data Protection Bill 2023 which was cleared by Parliament, a senior official of the e-commerce major said on Thursday. Parliament on Wednesday approved the Digital Personal Data Protection Bill that introduces several compliance requirements for the collection and processing of personal data and provisions for up to Rs 250 crore penalty for any data breach. The government expects to implement Digital Personal Data Protection Act 2023 within 10 months.
10.08 / 13:43
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Provident
Digital
Waters
Software
Interface
electronic
8 Best SanDisk Pendrives for Lightening Fast Transfer and Storage (2023)
These tiny yet powerful devices have redefined the way we carry and share data, offering lightning-fast speed and generous storage capacities. Whether you are a student, a professional, or simply someone who values convenience, the SanDisk pendrives are designed to meet your needs. These pendrives offer a seamless experience for transferring and safeguarding your digital treasures. Join us as we explore the best SanDisk pendrives in the market that offer robust build quality, and versatile storage capacities, making them the go-to choice for anyone seeking reliable data storage solutions.
10.08 / 13:09
Digital
Extreme
Platform
social
Explainer
Mint Explainer: Concerns around Digital Personal Data Protection law
India will soon have its first law on protection of personal data belonging to users, treatments and processing of the data by entities, including the government, and a legislative framework aimed at making platforms, big and small, accountable for using the data which has to be used for the purpose it is taken. Yet, legal experts, Parliament members and policy consultants have flagged several concerns that the Digital Personal Data Protection (DPDP) Bill does not address.
10.08 / 13:01
10.08 / 12:33
COST
Lowe's
Digital
CEO
Why Bata India shares plunged over 3% today - Explained
Bata India plunged over three per cent today, a day after the company reported its net profit declined 10 per cent to ₹106 crore in the April-June quarter of fiscal 2023-24 (Q1FY24). Bata India's consolidated net profit in the corresponding period last year stood at ₹119.3 crore. The footwear major's revenue from operations stood at ₹958.1 crore, reporting a marginal rise of 1.6 per cent, compared to ₹943 crore in the year-ago period.
10.08 / 12:33
Provident
Digital
Platform
Mobile
Interface
concert
Features
RBI rolls out features to deepen digital banking through UPI
₹500. Given that the unified payments interface (UPI) has transformed the digital payment ecosystem in India, RBI said, the addition of new features over time has enabled UPI to facilitate diverse payment needs of the economy.
10.08 / 11:57
UPS
Digital
Booking
voice
independence day
Reliance Jio
Reliance Jio Independence Day 2023 offer announced on ₹2,999 plan: Price, benefits and other details
Reliance Jio has introduced an Independence Day 2023 offer catering to its prepaid users. The offer features the annual recharge pack priced at ₹2,999 that includes calling and data benefits along with other advantages, such as discounts on prominent food delivery services, travel reservations, online shopping, and more. Here's a comprehensive overview of the offer.
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