Digital Financial News

08.08 / 11:59
Citi Digital Remark GENZ show Hospitality jobs 'skyrocket' in India as travel and tourism rebounds: Indeed
travel and tourism industry in India has rebounded significantly from the pandemic, with job postings for hospitality jobs surging by 66% from June 2022 to 2023. The company said this is a marked departure from the 60% decline in job demand during 2019-2020 and the subsequent 7% dip in the following year. Indeed said the sector showed 'remarkable resilience' and 'adaptability' by embracing changing customer preferences. «Curated experiences for staycations, workcations and solo trips have become the new norm, offering customers personalized and safe travel options,» the company said in a statement.«Technology played a vital role in this transformation, integrating seamless digital experiences into every aspect of the hospitality journey,» it added.
08.08 / 11:39
UPS Provident Digital CEO BitStamp exclusive Crypto Exchange Bitstamp to Expand Operations with New Fundraising Plan
Bitstamp, an early crypto exchange founded in 2011, is reportedly planning fresh fundraising “through strategic investors” to gear up the exchange’s growth and operations.
08.08 / 10:55
UPS Digital Amazon Remark beautiful electronic Grab Amazon Freedom Sale 2023 : Last day to grab the best deals
As the final day of the sale arrives, eager customers are urged to take advantage of this limited-time opportunity to secure unbeatable offers and discounts. With a myriad of options available, the Amazon Freedom Sale 2023's last day serves as a compelling reminder for individuals to make the most of the remaining time and fill their carts with coveted items before the curtains draw on this year's sale.
08.08 / 10:55
UPS Digital Over 4 lakh hectares brought under natural farming in 8 states: Govt
natural farming in eight states with Andhra Pradesh leading the group, Agriculture Minister Narendra Singh Tomar said in Parliament on Tuesday. The eight states are Andhra Pradesh, Madhya Pradesh, Chhattisgarh, Kerala, Odisha, Himachal Pradesh, Jharkhand, and Tamil Nadu, the minister said in a written reply to the Lok Sabha. The Centre is promoting natural farming since 2019-20 through a sub-scheme, Bharatiya Prakritik Krishi Paddhati (BPKP), under Paramparagat Krishi Vikas Yojana. «So far, 4.09 lakh hectare area has been brought under natural farming in 8 states,» Tomar said. About 1 lakh hectares have been brought under natural farming in Andhra Pradesh, 99,000 hectares in Madhya Pradesh, 85,000 hectares in Chhattisgarh, 84,000 hectares in Kerala, 24,000 hectares in Odisha, 12,000 hectares in Himachal Pradesh, 3,400 hectares in Jharkhand, and 2,000 hectares in Tamil Nadu, he said.
08.08 / 09:21
COST UPS Target Digital Gap share price Emami share price rises over 9% after Q1 results; experts see more upside; here's what they say
Emami share price witnessed a gap up opening backed by strong volumes on Tuesday's trade. Emami share price today surged over 9% following company's positve Q1 results that surpassed street's estimates. Emami share price opened at ₹463.75 apiece on BSE.
08.08 / 09:17
UPS Provident Digital CEO Monetary Authority of Singapore Grants Payment License to Crypto Exchange Blockchain.com
Crypto exchange Blockchain.com announced Monday that it received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on August 1.
08.08 / 08:41
Digital Cooper Manufacturing country India to launch BRICS startup forum for collaborations among entrepreneurs: Piyush Goyal
BRICS startup forum this year to facilitate collaboration and share best practices among investors, incubators and aspiring entrepreneurs, commerce and industry minister Piyush Goyal has said. BRICS is a grouping of Brazil, Russia, India, China and South Africa.
08.08 / 07:51
Digital Cooper Citizens Enterprise country boost India to launch BRICS Startup Forum to boost startups, investors, incubators: Goyal
New Delhi: India is all set to initiate the BRICS Startup Forum in 2023 with the objective of promoting collaboration and knowledge sharing among startups, investors, incubators, and emerging entrepreneurs, said commerce and industry minister Piyush Goyal, during the virtual “7th BRICS Industry Ministers’ meeting," hosted by South Africa as the Chair. The minister while highlighting the transformation that has taken place in India, also commented on the expanding Startup India initiative that has led to the creation of nearly 100,000 startups in the country.
08.08 / 07:03
COST UPS Lowe's Digital Future expansion Abhay Soi on Max Healthcare's expansion plans and future outlook
«I think first and foremost you are seeing a year on year increase of about 17% on revenue as well as 18% on EBITDA. You have to keep in mind that the first quarter is usually the weakest quarter in the year,» says Abhay Soi, CMD, Max Healthcare.In Q1 FY24, while revenue growth was 20%, PAT was down quarter on quarter, mainly due to increase in employee cost and tax expenses. So since the company's expansion spree, should we expect higher cost going ahead as well? I think first and foremost you are seeing a year on year increase of about 17% on revenue as well as 18% on EBITDA.
08.08 / 06:37
UPS Digital show country China's July exports tumble by double digits, adding to pressure to shore up flagging economy
China's exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump
08.08 / 06:35
Ethereum BTC Digital ETF SEC PayPal Bitcoin Bears Bitcoin Price Prediction as Bears Pull BTC Down to $29,000 Level – Where is BTC Heading Next?
Bitcoin has recently held above $29,000, signaling potential positivity, but hasn't reached $30,000 yet. It's been trading between roughly $28,900 and $29,280, reflecting uncertainty.
08.08 / 06:21
CBDC Digital Citizens Extreme CEO country Ruble Russian Banks Say Citizens Are ‘Wary’ of CBDC Plans – Digital Ruble Faces Roadblock?
Russia’s biggest banking association has demanded clarification on Moscow’s CBDC plans, and says citizens are “wary” of the digital ruble.
08.08 / 06:05
COST UPS Provident Digital Platform Enterprise country Processing over Rs 18,000 cr in payables, how Cashflo used AI in one of the most stressful, error-prone business tasks
accounts payable (AP) function. Other than posing challenges for AP teams, this can also negatively impact decision-making processes at companies, which can have a bearing on their growth trajectory, says Ankur Bhageria, Founder-CEO, CashFlo. Bagheria’s CashFlo is among the companies working towards tackling these challenges and also helping them and their supply chains to grow faster by providing easy and fair access to liquidity.
08.08 / 06:05
UPS Digital Entertainment Adventure Sony film Watch 'Spider-Man: Across the Spider-Verse' for free as Sony releases film's first 10 minutes
Spider-Man: Across the Spider-Verse' swinging to its digital release, the first 10-minutes of the movie have now been made available for free. According to Collider, an online entertainment publication, Sony Pictures has treated eager viewers to a sneak peek of the web-slinging adventure via IGN, leaving the fans buzzing with anticipation. The film picks up after the events of the first instalment, catching up with Gwen Stacy (Hailee Steinfeld), who has been missing Miles Morales (Shameik Moore) ever since losing her version of Peter Parker. Being a superhero comes with sacrifices, and Gwen is no stranger to this truth. Set eighteen months after the transformative spider bite that altered Miles' life forever, the friendly neighbourhood Spider-Man has been busy safeguarding Brooklyn from petty criminals. But when a new villain called The Spot (Jason Schwartzman) enters the scene, Miles faces an unexpected threat. The Spot holds a personal grudge against him for the chaos he caused during the previous 'Spider-Verse' film. And if one villain wasn't enough, Miles also clashes with Miguel O'Hara (Oscar Isaac), a powerful spider-hero from the future.
08.08 / 04:47
Digital Disney Platform Sony star cricket NOT Reliance, Disney Star & Sony may not have big purses for India's cricket matches at home
«We expect the Board of Control for Cricket in India (BCCI) to garner 1.6-1.9x of base price (approximately 32% higher than earlier cycle rights on a like-to-like basis, as the number of matches has come off by 15% vs the earlier cycle), as the current base at Rs 450 million per match is already 25% lower than the last cycle’s price of Rs 600 million,» Analyst Karan Taurani wrote in the report. The combined base price of TV and digital stands at Rs 3,960 crore for 88 matches to be played in the next five year cycle of 2023-2028. The TV and digital rights carry base price of Rs 20 crore and Rs 25 crore per match, respectively, Elara noted. Elara said the BCCI expects at least Rs 60 crore per game at the auction, which translates into a base price of Rs 5,280 crore via the eAuction process.«It may cancel the process if the numbers are not breached,» Taurani said.
08.08 / 04:05
UPS Digital Fighting show country The Global South breaks away from the US-led world order
Global South, are quietly revising them. The Global South sees a chance to chart its own future. Nirupama Menon Rao, a former Indian foreign secretary, points to her country’s spreading of digital payments to developing nations.
08.08 / 04:05
Digital PayPal Platform Enterprise Bitcoin rock Backed PayPal debuts US dollar-backed stablecoin for payments
PayPal on Monday launched a stablecoin digital currency backed by US dollars to be used for transactions at its global online payments platform. PayPal USD is issued by Paxos Trust Company and backed by dollar deposits and similar cash holdings, the online payments giant said in a release. It comes as the cryptocurrency industry is suffering hard times after the spectacular collapse of FTX and various legal cases against the sector's biggest players. As the biggest cryptocurrencies are famously volatile, entrepreneurs invented a theoretically more reliable alternative known as stablecoins.
08.08 / 04:05
Blockchain Digital Action country techno Cryptocurrency Scam: Economic Offences Wing exposes Rs 1,000 crore fraud spanning across India
EOW) of the State Crime Branch has brought to light an extensive cryptocurrency scam spanning across India, implicating more than 2 lakh individuals and involving deposits exceeding Rs 1,000 crore. The scam, masterminded by a company named STA Token (Solar Techno Alliance), unfolded as a pyramid-structured Ponzi scheme that cunningly eluded detection from the Reserve Bank of India (RBI). Despite the absence of formal complaints from the affected investors, the EOW undertook a thorough investigation, unmasking STA Token's illicit operations.
08.08 / 04:05
UPS Provident BLOCK Digital Manufacturing Should you jump on the manufacturing stocks bandwagon? Jitendra Arora answers
Jitendra Arora, Sr EVP & Fund Manager, ICICI Pru, says in manufacturing, India still has a lot to catch up with a lot of economies and we can see the government providing a lot of thrust on that side with the most recent being the PLI on IT manufacturing. However, these things take time because the first is to move the manufacturing of the end product which will start with assembly then we will start getting the components to be manufactured into India.
08.08 / 03:05
UPS Twitter Art Digital Platform Entertainment social elon Elon Musk's potential surgery throws curveball at proposed 'cage match' with Mark Zuckerberg
Elon Musk and Mark Zuckerberg, two of the tech industry's most prominent figures, have engaged in a playful yet intriguing exchange that has left the world wondering if a face-off of epic proportions is in the making. While the prospect of a physical showdown between the billionaire titans remains uncertain, their online banter has sparked a fire of speculation and entertainment across the digital landscape. The saga commenced back in late June when Musk, the innovator behind X, expressed a playful challenge in response to news about Meta's upcoming Threads, a potential Twitter competitor.

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