Digital Financial News

11.07 / 11:15

Digital Extreme Tether Action Assurant Remark Bitcoin NOT Crypto and Stablecoins Are Not Money, Says Bank of England Governor in Favor of 'Enhanced Digital Money'

Andrew Bailey, Governor of the Bank of England (BoE), has reiterated his stance against cryptocurrencies, during his recent speech at the Mansion House in London.

11.07 / 11:11

COST FIVE Digital Strategy ITC board recommends second term for Sanjiv Puri as company CMD

ITC Limited has recommended the reappointment of Sanjiv Puri as the company's chairman and managing director for a second term of five years. The resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the company's annual general meeting to be held on August 11, 2023, according to a notice sent to the shareholders on Tuesday.

11.07 / 10:45

Ethereum Twitter Target Digital Microsoft CAT phishing attack crypto phishing Crypto Phishing Attack: Gutter Cat Gang Twitter Account Compromised, NFTs Worth $750K Stolen

The crypto industry has seen yet another hacking attack that resulted in a theft of a massive amount of money.

11.07 / 10:31

Provident BTC Digital Ripple ETF SEC Bitcoin Bitcoin Price Prediction: BTC Up 1.5% as Market Focus Shifts to June CPI and PPI Readings

Bitcoin price is trading at $30,492 in today's market, marking an over 1% rise on Tuesday.

11.07 / 10:17

Digital SEC Platform Fighting coinbase Kraken BitStamp Genesis Trading Cryptoverse: Hungry exchanges fight for slice of American pie

By Hannah Lang

11.07 / 10:11

Digital PwC Deal Asset managers eye M&A deal surge over next 24 months

Almost three-quarters of global asset managers are considering a merger over the next two years, with soaring inflation, market volatility and a rapid shift to digital distribution posing a threat to those that fail to adapt to the new market landscape.

11.07 / 10:03

UPS Digital Progressive UK Government to set up Digital Securities Sandbox

The DSS will enable firms to model the operations of a central securities depository and trading venue using distributed ledger technology to accommodate digital assets. The consultation follows a Call for Evidence in 2021 to examine the application of distributed ledger technology for financial financial market infrastructures.

11.07 / 09:51

UPS FIVE Digital Microsoft PwC KPMG releases its custom ChatGPT tool to clients

After answering tens of thousands of questions for KPMG staffers, the consultancy’s custom ChatGPT tool is now available for clients to build their own chatbots, powered by OpenAI’s generative artificial intelligence.

11.07 / 09:13

Provident Digital Platform Action Pool end Will the GST Council put an end to the GST dilemma?

The fate of the Indian online skill-gaming industry is likely to be decided at the upcoming 50th GST Council meeting on July 11. The government has recognised online skill-based gaming as a promising sector and has also provided support in the form of favourable policies. The Ministry of Electronics and Information Technology (MeiTy) has introduced the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules), providing regulatory clarity and a boost to the sector. The contribution of the online skill-based gaming sector to the Indian economy cannot be overstated.

11.07 / 09:13

UPS Provident Digital Platform Strategy Fractional Ownership of Commercial Real Estate: A promising prospect in India

Fractional ownership is revolutionizing the Indian real estate sector by democratizing investment opportunities and granting retail investors access to high-value commercial properties. With its potential for high returns, ease of tracking, and diversification benefits, this investment model is rapidly gaining popularity.

11.07 / 08:59

UPS Digital Platform TCS EBITDA Q1FY24 result preview: Zomato, Nykaa, other new-age tech stocks may see decent revenue growth, improved EBITDA

Zomato, Nykaa, Delhivery, among others are likely to see decent revenue growth with improvement in operational performance during the first quarter of FY24. The strong growth trajectory seen in the B2B e-commerce space is likely to continue in Q1FY24 driven by market share gains from offline segments and penetration increase as small businesses explore means of increasing their digital footprint on both supply and demand sides, analysts said.

11.07 / 08:37

Blockchain Waves Digital Ripple Waters Nestle Bitcoin CryptoWater: The Refreshing Taste of Cryptocurrency

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

11.07 / 07:55

Lowe's Digital Manufacturing IKEA acquires US-based SaaS firm Cilio acquires AutomationFactory AI

Cilio Technologies, LLC, has acquired AutomationFactory.AI, the company said on Tuesday. AutomationFactory.AI is a Noida-based, end-to-end digital transformation and product development firm.

11.07 / 07:55

COST UPS Lowe's Digital ad Higher ad spends, falling newsprint cost to improve print revenues, profitability in FY24: Crisil

media revenue is anticipated to increase 13–15% to Rs 30,000 crore this fiscal year due to higher spending on advertising by corporations in key sectors and an increase in government ad spending in light of the forthcoming state and parliamentary elections, according to a Crisil report. The profitability of the print media sector will increase by 1,000 basis points (bps) to 14.5% this fiscal year as a result of rising topline and falling newsprint prices. The growth predictions are based on an analysis of Crisil-rated print media companies, which generate more than 40% of the industry's revenue.

11.07 / 05:19

Citi MET Digital CEO Platform Strategy Personal care startup Clensta raises Rs 75 crore in funding from Parineeti Chopra, others

Clensta International has raised Rs 75 crore in its pre-Series funding, led by TradeCred and the Royal Family of the UAE, a top company executive told ET. The executive added that the Export-Import Bank of India (EXIM Bank), Mumbai Angels, Keiretsu, LetsVenture and O2 VC Fund were among the investors who took part in the funding round. The funding includes a mix of debt and equity.

11.07 / 04:15

COST Lowe's Digital SUN Merck Q1 results preview: Here's why pharma companies are expected to show improvement

Sun Pharmaceutical Industries: The brokerage anticipates that domestic formulations will remain weak (+8% YoY) due to the impact of the NPPA, the patent expiration of two significant goods licenced from Merck, and the seasonal weakness for acute medications. "We expect overall EBITDA margins at about 24% (-100bps YoY) impacted partly by Halol remediation cost, consolidation of Concert’s cost and cost inflation. US revenue (~USD440mn), +2% QoQ in cc mainly on account uptick in specialty business and gRevlimid (+4% QoQ excluding licensing income in Q4).

11.07 / 00:53

Provident Digital BitPanda Platform Gap Bitpanda crypto exchange spins out with €30m funding

Rebranded as One Trading, the crypto exchange has now fully separated from digital investment platform Bitpanda, although the latter still retains a stake in tis former subsidiary.

11.07 / 00:49

UPS Provident Digital CEO Platform Deloitte Artificial intelligence lashes at the doorstep of films, entertainment

NEW DELHI : India’s entertainment industry is poised to witness the gradual integration of artificial intelligence (AI) into its operations, with growing anticipation regarding its potential impact on various aspects of the industry, like in other sectors. Currently, tools are already being utilized to generate songs in the voices of artistes who did not originally sing them, as well as creating posters featuring actors in different roles. However, experts predict that AI will aid scripting, casting, shooting, post-production, marketing, and even the generation of melodies and lyrics.

11.07 / 00:45

Facebook Digital Citizens Google COMPOSITE Power Data Bill may give govt power to lower the age of consent

Bill seen by ET. But in such cases, the company that is seeking consent for processing children's data must demonstrate that it uses the information in a “verifiably safe” manner, shows the draft Digital Personal Data Protection Bill, 2023, seen by ET.

10.07 / 21:45

UPS FIVE Digital VISA Strategy Mobile Canada unveils its first-ever Tech Talent Strategy

Canada's Immigration Minister Sean Fraser recently announced that they will be implementing new schemes to attract global tech talent to Canada. Referred to as Canada’s Tech Talent Strategy, these measures include: 1) New innovation stream under International Mobility Program (IMP) 2) Digital nomads 3) Work permit for H1-B visa holders 4) Improving existing programs such as the Global Skills Strategy and the Start-up Visa

10.07 / 20:25

Ethereum BTC Twitter Digital Remark Bitcoin Support Bitcoin Price Prediction as BTC Wobbles at $30,000 Support – Is a Larger Sell Off on the Way?

Bitcoin's price is currently teetering around the crucial $30,000 support level, raising concerns about the possibility of a more significant sell-off.

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