Digital Financial News

Russian President Vladimir Putin has officially signed a bill that will introduce a digital version of the country's national currency. 

Bitcoin, the world's leading cryptocurrency, is facing a dip of 3% as it trades at $29,171 on Tuesday. The failure to sustain higher price levels may have influenced aggressive bearish sentiments, leading to short positions, while short-term bulls have chosen to secure their profits. 

Wall Street activity in the battle to provide custody services for the more than trillion-dollar digital-asset market is heating up rapidly, and in surprising ways, turning what would typically be considered a sleepy area of finance into one of the most lively sectors.

Westpac and Commonwealth Bank have used a digital version of the Australian dollar backed by the Reserve Bank to trade and pay for real certificates of deposit, which are debt instruments issued by each bank.

Asian Paints reported 52% year-on-year rise in consolidated net profit at ₹1,574.84 crore in the first quarter ended June 2023. The company's net profit in the corresponding quarter last year was ₹1,036.03 crore.

Aditi Tripathi, a 10-year-old girl of Indian origin residing in London, has achieved what many can only dream of—visiting 50 countries before reaching double digits in age. Aditi's impressive adventure began at an early age, courtesy of her accountant parents, Deepak and Avilasha Tripathi, who were determined to provide their daughter with an unparalleled global experience. While many parents might worry about the impact on education, Aditi's parents masterfully balanced both worlds.

Alok Jain, who quit Disney Star recently, has joined Viacom18 as President and Head of Colors Hindi and Regional, with an additional mandate to oversee the regional digital content rollout. The hiring comes at a time when Viacom18 is focused on making Colors the top Hindi GEC in the nation. Jain will effectively be Viacom18 CEO for TV business and digital-regional content Kevin Vaz's deputy in the Viacom18 hierarchy.

income tax return (ITR) will be considered as invalid if it is not verified within 120 days of the date it was filed. Aadhaar card holders can electronically verify their income tax returns (ITRs) using their Aadhaar number. To avail this service, your mobile number must be updated with the PAN-linked Aadhaar.

PARIS (Reuters) -French spirits group Remy Cointreau on Tuesday reported a fall in first-quarter organic sales, reflecting weaker U.S. demand, high year-ago comparables and destocking, and said it was banking on a sharp rebound in sales in the U.S. from the third quarter.

Accordint to Blockchain.News, INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF), a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.

₹1,343.95 apiece on BSE. TVS Motor share price is hovering near its 52-week high level. On Monday, TVS Motor reported an 42.2% year-on-year (YoY) rise in its consolidated net profit for the fiscal's first quarter ended June (Q1FY24) to ₹434.30 crore.

Vaani Kapoor says she wanted to make her debut in the digital space with a «clutter-breaking» story and 'Mandala Murders' came as the perfect opportunity. The YRF Entertainment series, billed as a gritty crime thriller, is directed by Gopi Puthran ('Mardaani 2').

single-screen theatres «hangs by a thread», megastar Amitabh Bachchan says that many projectionists have lost their livelihood and it is important to recognise their contribution to the history of Indian cinema. In a recorded video message shared with Mumbai-based Film Heritage Foundation and its founder Shivendra Singh Dungarpur, Bachchan appreciated the 'Lifetime Achievement Award for Cinema Projection' that has been instituted by the FHF to celebrate the «unsung heroes» of the film industry. Bachchan, in his over a minute-long video, said, «The world of a projector, a beam of light in a dark room theatre, and flicker of images on the big screen. That was, what cinema was for me». «As the fate of single-screen cinemas, unfortunately, hangs by a thread, many of these projectionists have lost their livelihood. It is important to remember and recognise their immense contribution to the history of Indian cinema,» he said. The veteran cine actor said he was pleased to learn that Film Heritage Foundation had instituted a 'Lifetime Achievement Award for Cinema Projection' to celebrate the unsung heroes, «who brought the magic of cinema to the silver screen». Dungarpur on Sunday said the foundation will honour three projectionists with this award at a special event, to be held on Wednesday at Mumbai's heritage Regal Cinema, a single-screen theatre built in 1933. The awards will be an annual affair, he said.

Investing.com — Stocks were rallying on Monday to kick off a new week of earnings reports, highlighted by big tech companies starting on Tuesday, and before the Federal Reserve's interest rate decision on Wednesday.

S&P 500 (SPX) gained 0.7% last week although the bulls weren’t able to secure a strong weekly close after printing a fresh 15-month-high. Still, the last week marked the eighth green weekly candle for the S&P 500 in the last 10 weeks as the generative AI frenzy keeps fueling the equities bull run.

Reliance Industries: Reliance Industries Ltd (RIL) is joining hands with Brookfield Infrastructure Partners Lp and Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles (SPVs) aimed at developing data centres in India. RIL will hold a 33.33% stake in the SPVs, a joint statement by the three partners said.

A leading Russian lawmaker says China and Russia’s CBDCs may be “compatible” and could be used to make international payments between the nations.

consent from their users every time they change the terms and conditions, update their services and change the way user data is processed, sources in the know of the development told ET. A clause to this effect may be introduced in the Digital India Bill, the draft of which is to be released soon for public consultation, officials said.

In the midst of ongoing market fluctuations, the outlook for Bitcoin (BTC) remains a topic of intense speculation. 

cybercrime bill currently under discussion in parliament, warning it would «undermine free speech online». The bill would «pave the way for an alarming surge in online censorship», said a joint statement by 14 non-governmental organisations, including Human Rights Watch and digital civil rights group Access Now.

Afeela, a Japanese joint venture company established by Honda Motor Co Ltd ADR (NYSE:HMC) and Sony (NYSE:SONY), is still a ways away from releasing its first electric vehicle. However, we do know that the company is working with Qualcomm (NASDAQ:QCOM) Technologies to include outfit Afeela’s first production model with its Snapdragon Digital Chassis, capable of doing 800 trillion operations per second.