Digital Financial News

11.07 / 18:39

Target MET Digital Gap Interface SpaceX ‘India, UK to target semiconductors, AI in new advanced tech pact’

. The agreement will foster collaboration on semiconductors, high performance computing and artificial intelligence, among other key technologies. Freeman indicated that British investments in the Indian semiconductor ecosystem could be seen in the next year or two.

11.07 / 18:39

Digital Interface UPI QR codes for transactions in CBDC soon: RBI

Mumbai: Customers will be able to use QR codes of Unified Payment Interface (UPI) network for transactions using digital currency by end of this month, said Reserve Bank of India’s deputy governor T. Rabi Sankar. Addressing heads of banks and fintech firms at an event organized by the Indian Banks Association, Sankar said interoperability of QR codes will encourage more central bank digital currency (CBDC) transactions.“Earlier merchants had to be onboarded and have a separate QR code for CBDC.

11.07 / 18:39

UPS Provident Target Digital Action Mobile Bank of Baroda denies linking bank accounts to stray mobile numbers

₹1.5 million ($18,150) in 2021 as his registered mobile number lapsed and got reassigned to someone else, who exploited the mobile banking access to the hilt. Al Jazeera found tweets from Bank of Baroda customers alleging that money sent to them via their mobile number-linked bank account ended up in someone else’s bank account since their phone number was apparently registered with multiple accounts.

11.07 / 17:33

UPS Ethereum Digital Action PwC Bitcoin Hedge funds grow more cautious on crypto after turmoil

By Nell Mackenzie and Elizabeth Howcroft

11.07 / 17:25

Digital Platform Pool POT Online gaming industry hit by 28% tax; industry experts flag red, ask to rethink

GST Council Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, which could lead to higher ticket prices. Finance Minister Nirmala Sitharaman, who chairs the goods and services tax (GST) council, comprising state finance ministers, said the decision to tax online gaming was reached after extensive discussion. The Finance Minister said the tax will be levied on the entire value.

11.07 / 16:55

Blockchain UPS Provident Digital Manufacturing Platform Fighting Eco-Friendly Crypto Ecoterra Raises $6 Million as Global Investors Flock to the New Recycle2Earn Platform – Less Than 48 Hours Left

The eco-friendly crypto project has raised a whopping $6 million investment from early investors as it gears towards the last lap of its burgeoning presale.

11.07 / 16:31

Citi Provident Digital CEO Software UBS Financial InvestCloud names Heather Bellini president and chief financial officer

Wealth management technology company InvestCloud is rebuilding its executive leadership team after a spring shakeup.

11.07 / 16:15

UPS Provident BLOCK Digital Manufacturing Footwear brand Attitudist aims Rs 100 crore annual sales by 2025

Attitudist, a direct to consumer (D2C) footwear brand, aims to generate Rs 100 crore in annual sales by 2025, helped by surging demand for handcrafted vegan products. The company, launched during the peak pandemic period in July 2020, clocked Rs 25 crore in two years after operations, and sources products from small handcrafted manufacturers.

11.07 / 16:13

Digital Platform Racing Pool POT Deloitte Time Ashneer Grover slams govt over 28% GST on online gaming: 'Time to enter politics or....'

₹100 to play on ₹72 pot entry (28% Gross GST); and if they win ₹54 (after platform fees)- they will pay 30% TDS on that - for which they will get free swimming pool in their living room come the first monsoon - not happening ! It was good fun being part of the fantasy gaming industry - which stands murdered now. $10 Bn down the drain in this monsoon.

11.07 / 16:07

UPS Provident Digital Platform compliance NOT regulatory Let’s not have regulatory overlaps on data compliance

Data protection is a cross-cutting legal regime. Since it applies to every entity that collects and processes personal data, its principles tend to superimpose themselves on top of other legislative frameworks—increasingly so, as more and more businesses go digital. The unavoidable outcome of all of this is that traditional regulators are beginning to engage with data protection issues in ways that they previously never had cause to.

11.07 / 16:07

UPS Citi Provident Digital Booking New data tools can help analyse pixel-level economic dynamics

India was internally reorganized when the system of linguistic states was created in the first two decades after Independence. B.R. Ambedkar gave a succinct summary of the underlying principles: every state would have one dominant language, but every linguistic group need not be consolidated into a single state, which is why there are multiple Hindi-speaking states or why we have two Telugu states today.

11.07 / 15:33

Provident Digital Extreme Manufacturing Assurant Pool Interface Indian Create more competitive jobs to drive the Indian economy ahead

₹1.97 trillion, Industrial Corridor Development Programme and National Logistics Policy, among others, have been successful in achieving their respective goals. The fact that rapid growth in services preceded quick expansion of India’s manufacturing sector, unlike what tends to be the case in most other countries, is an oft-repeated observation. Given this scenario, India’s vigorous manufacturing push is timely and well needed.

11.07 / 15:29

Blockchain Provident Digital Amazon Google Platform Strategy 10 tips for blockchain-based data providers seeking to scale

Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that needs to be stored securely and efficiently.

11.07 / 14:37

Facebook Digital Citizens Google Platform Action Diane Francis: Google, Facebook and the apologists for Big Tech bully tactics

A showdown is underway between America’s tech giants Facebook and Google and Canada because Ottawa is finally going to force them to pay for copyrighted content produced by Canadian media companies that they have stolen for decades. Bill C-18 is Ottawa’s version of what Australia pulled off in 2021, which has been very successful.

11.07 / 14:11

Facebook UPS Digital Microsoft Platform Apple Meta Platforms EU looks to take lead in metaverse world, avoid Big Tech dominance

European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse — shared virtual worlds accessible through the internet — and to prevent Big Tech dominating a nascent sphere that could boost economic growth. The EU initiative comes as Facebook owner Meta Platforms, Microsoft and Apple work on metaverse products or services, prompting fears that the companies may get an unfair advantage over smaller rivals.

11.07 / 13:49

Provident Digital Amazon Google Discover Matrix Amazon Sale 2023: Explore the latest Smart TV launches at the Prime Day Sale

These state-of-the-art televisions are designed to redefine your viewing experience. With their 4K Ultra HD resolution, vibrant colors, enhanced clarity, and cutting-edge sound technologies these latest launches deliver cinema-like audio quality, bringing your favorite movies, shows, and games to life like never before. So, don't miss out on this incredible opportunity to transform your home entertainment setup. Mark your calendar for the Amazon Prime Day Sale and stay tuned to discover the latest smart TV launches, exclusive deals, and discounts available only to prime members.

11.07 / 13:35

Provident Digital CEO Platform Align Enterprise Avanti Finance Partners with Credit Saison India to Accelerate Credit Access and Co-lending in Rural India

a leading tech-led financial inclusion platform, and Credit Saison India, a prominent neo-lending conglomerate, have formed a strategic partnership to launch a co-lending program aimed at providing credit access to underserved borrowers in rural India. The partnership aims to enable financial inclusion at the grassroots level.The program, following a successful pilot phase, has already financed 12,000 borrowers, with 90 percent of them being women.

11.07 / 13:21

Blockchain UPS Digital Man Zcash Bitcoin zk A New Paradigm in Digital Security: Do zk-SNARKs Really Offer The Privacy They Claim?

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11.07 / 11:49

UPS FIVE Digital Career Manufacturing NIFTY ITC chief Sanjiv Puri's salary hiked to Rs 16.31 crore in FY23

ITC has hiked the salary of its Chairman and Managing Director Sanjiv Puri to Rs 16.31 crore in the financial year 2023. The salary component comprises performance and long-term incentives of a whooping Rs 12.8 crore. The top executive's salary is also 326 times higher than the median remuneration paid to all employees.

11.07 / 11:41

UPS Digital SEC CEO Patrick Trump Trump-tied SPAC Digital World names Swider as permanent CEO

(Reuters) — Digital World Acquisition has named Eric Swider as CEO, handing the interim boss reins of the blank-check company that is looking to complete its planned merger with former U.S. President Donald Trump's media and tech company.

11.07 / 11:41