Digital Financial News

17.07 / 07:53

Digital Cooper Cooperation Cross-border Watchdog urges cross-border cooperation in new standards for global crypto regulation

The Financial Stability Board has published a set of high-level standards, calling for regulators to foster cross-border cooperation and information sharing when overseeing digital assets.

17.07 / 07:49

Blockchain Lowe's Digital 2020 Q4 Crypto, blockchain sector saw $2.32 billion investment in Q2, lowest since Q4 2020: Report

crypto and blockchain sector witnessed an investment of $2.32 billion in Q2 2023, marking a new cycle low and the lowest since Q4 2020, continuing a downtrend that began after a peak of $13 billion in Q1 2022, a new report has shown. According to the crypto investment firm Galaxy Digital, crypto and blockchain startups raised less money across the last three quarters combined than they did in just Q2 of 2022. In Q2 2023, 10 new crypto VC (venture capital) funds raised only $720 million, the lowest amount since Q3 2020, at the start of the Coivd-19 pandemic.

17.07 / 07:49

Provident Digital SEC Mobile Customers Canara Bank internet banking customers can now generate offline OTP, OTP over the call

Canara Bank customers can generate offline OTP facility and OTP over the call facilty for all internet banking customers, according to the Canara Bank website. This OTP can be used for financial transactions, stated the Canara Bank website.

17.07 / 07:49

UPS BLOCK Digital Extreme NIFTY Indian How to plan your investments when Indian equities are more attractive than global peers

The Indian stock market has been one of the best-performing markets in the world over the last 3 months. Over the last 1 year, 3 year, and 5 years, the Nifty 50 has delivered a CAGR of 21.6%, 23%, and 12.4%, respectively. This strong performance has been driven by the confluence of a number of factors.

17.07 / 07:33

Provident Digital Ripple SEC CEO BlackRock Bitcoin Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market

Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.

17.07 / 06:59

UPS Citi Provident Digital China’s Changzhou to Give Away Digital Yuan Tokens, Coupons Worth $700k

The city of Changzhou, China, is set to give away $700,000 worth of digital yuan tokens and coupons before the year is out, as the nation’s central bank digital currency (CBDC) pilot continues.

17.07 / 05:47

Digital Booking Software NIFTY TCS IT stocks having their own Chandrayaan-3 moment. Did you miss the fineprint in Q1 results?

IT stocks suddenly rocketed into a higher orbit like Chandrayaan-3 on Friday in their biggest single-day jump since September 2020. All this despite the Q1 headline numbers of TCS, HCL Tech and Wipro had little or nothing to boast about. While TCS' June quarter numbers did not lead to upgrades, HCL Tech's figures were an all-round miss and Wipro's weak guidance drew bearish comments.

17.07 / 04:21

UPS Digital Cooper Deal After France and UAE, Indonesia could be next in line to make UPI deal with India

United Arab Emirates to promote local currencies, India has reportedly struck a similar deal with Indonesia, with both countries working on a real-time payment mechanism and local currency trade. A TOI report says that the governments are also looking to expand the scope of digital payments between the countries, bringing the use of UPI and similar tools to the forefront.

17.07 / 03:49

Twitter Digital Google Platform Gap Apple World Emoji Day 2023: Celebrating the universal language of emojis and their digital impact

Emojipedia, to honor the significant impact of emojis. Emojis have become an integral part of our digital conversations. Whether we're texting, using social media, or sending emails, emojis help us express our emotions, convey messages, and add a touch of playfulness to our text-based interactions.

17.07 / 03:49

UPS Reuters Digital Racing Trump 2024 US election US Election 2024: Donald Trump beats Joe Biden for now in neck-to-neck fundraising battle

Joe Biden's re-election campaign concluded in June with approximately $20 million in funds, financial disclosures have revealed. This places him slightly behind Republican front-runner Donald Trump, who reported a sum exceeding $22 million. The disclosed financial data points towards an impending competitive monetary contest leading up to the presidential election scheduled for November 2024.

17.07 / 03:49

Provident Digital Google Mobile ‘Gamechanger’: SBI YONO app for all. How non-SBI accountholders can make UPI payments using yono

digital payment growth. It can stimulate competition, leading to innovation and improved services within the UPI ecosystem. Additionally, it may encourage other banks and financial institutions to follow suit, further expanding the reach of UPI-enabled services, said Anup Nayar, CEO- Domestic, In- solutions global ltd.

17.07 / 03:49

UPS IPO Provident Digital Manufacturing Netweb Technologies IPO opens today; Check GMP, other details here. Should you apply?

₹206 crore and an offer-for-sale of up to 85 lakh shares by its existing promoters and shareholders. The company has set the price band for the public issue at ₹475-500 per share. At the upper band price, the company expects to raise ₹631 crore through the IPO.

17.07 / 02:21

Target Digital Man Mobile Returns Months after nationwide arrests, Iran's 'morality police' returns with stricter Hijab rules

Iran has relaunched patrols by the 'morality police' in a bid to escalate their efforts to enforce the country's mandatory hijab rules, Al Jazeera reported.Saeid Montazeralmahdi, the spokesperson for the Iranian law enforcement force, confirmed on Sunday that police patrols were now operational on foot and with vehicles to crack down on people whose covering is not deemed appropriate in the Islamic Republic. The morality police would «issue warnings and then introduce to the judicial system people who unfortunately insist on their norm-breaking behaviour without concern for the consequences of their covering that is outside of the norm», Al Jazeera quoted Montazeralmahdi as saying citing state media.

17.07 / 02:21

UPS Provident FIVE Digital Platform Software Enterprise India's Think360 make top AI Fintech Companies List

Think Analytics India Pvt Ltd, also known as Think360 AI, was one of only five Asia-Pacific firms that were named in the 2023 edition of AIFINTECH100 list of 100 of the world's most innovative AI solution providers for the financial services industry. In its third year, the list is compiled by a panel of industry experts and analysts and is published by FinTech Global, an online platform providing information and media services focusing on the fintech industry.

17.07 / 00:11

UPS Provident Digital Platform Action Pool CEL DigiToads Soaring and Set for 450% Return. CEL Crashes as Celsius Investors Flee

In the wake of the TerraUSD collapse in 2022, the cryptocurrency market experienced significant turbulence, resulting in the downfall of various prominent cryptocurrency-based companies including the Celsius Network. Celsius was forced to file for bankruptcy, leaving its customers facing substantial losses.

16.07 / 20:25

Target BLOCK Binance Digital Platform ANZ Binance in the crosshairs as NAB bans ‘high-risk’ crypto exchanges

National Australia Bank will block payments to high-risk cryptocurrency exchanges, which is understood to include Binance, from Monday in an effort to reduce the instances of fraud and scams at the financial institution.

16.07 / 20:11

UPS Digital Racing Parke Global firms eye India entry via franchises

₹2,000-crore market within 12 months. “We are representing over 125 market entries. Domestic business is very big— 800-odd Indian businesses are here.

16.07 / 20:11

UPS Target Digital Food fury complicates the inflation trajectory

during the summer monthsisn’t new, but even the month-on-month food and beverage inflation is the steepest in 20 months, at 2.2%. Vegetable prices were the big culprit, rising 12.2% month-on-month, but the rise in other food items, while not so pronounced, was also significant. While prices were expected to rise, erratic weather has exacerbated the situation.Cereal prices, which had begun to soften, rose in June from the previous month and continued to print double-digit inflation rates.

16.07 / 20:11

Digital Progressive Platform g20 leaders’ summit G20 leaders’ summit will focus on six critical goals

New Delhi: The draft of the leaders’ declaration to be presented at the G20 heads of state meeting in September in New Delhi has been formulated at the three-day gathering of G20 Sherpas, that concluded on Sunday in Hampi, Karnataka, according to an official statement. Over 120 delegates representing G20 members, international organizations, and other nations collaborated in crafting the ‘Leaders Declaration,’ with Indian G20 Sherpa Amitabh Kant charing the meeting.

16.07 / 19:21

UPS Digital India to push for norms on digital public infra, crypto

India will attempt to push for substantive outcomes at the G20 on a global framework for crypto assets, multilateral development bank reforms, debt resolution, and digital public infrastructure. A synthesis paper with a summary of the International Monetary Fund report on macro-economic stability and the Financial Stability Board's report on regulation for crypto assets along with New Delhi's input note would be presented to the leaders for deliberation at their summit in September, people privy to the matter said.

16.07 / 19:09

Digital CEO Platform Align Banijay takes full control of content firm Endemol Shine India

Banijay has acquired a 49% stake in Endemol Shine India from media sector-focused venture capital fund CA Media to take complete control of the content studio, solidifying its position as the largest independent content studio in the country. Prior to the acquisition, Banijay held a 51% stake in Endemol Shine India. Banijay has reportedly paid between $90 million and $100 million (Rs 738 crore-Rs 821 crore) to CA Media for the buyout, according to industry sources. The transaction values the company between $180 million to $200 million, said the sources quoted above. In 2012, CA Media had bought a 49% stake in the content studio, which produces shows like Bigg Boss and Khatron Ke Khiladi.

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