Electronic Financial News

24.11 / 16:37
BLOCK Digital Action electronic information reports Department Digital payment Finmin calls meeting of bankers, other senior officials to deal with digital payment fraud
digital payment fraud and cyber security issue. The meeting to be chaired by Financial Services Secretary will discuss issues related to financial cyber security and increasing digital payment fraud, sources said. During the meeting Indian Cyber Crime Co-ordination Centre will make a presentation on the latest statistics of digital payment frauds as reported in National Cyber Crime Reporting Portal (NCRP), including challenges and issues faced in countering such issues.
24.11 / 16:37
Digital Extreme Aware Platform economy electronic innovations NOT Internet, tech can do harm if not regulated via prism of safety, trust: Rajeev Chandrasekhar
Rajeev Chandrasekhar said on Friday, adding that 'guardrails' have to be carefully developed without over-regulating innovation. The Minister of State for IT and Electronics said that while artificial intelligence (AI) is one of the biggest inventions of recent times, the government is committed to ensuring the safety of users on digital platforms, given that India is one of the largest connected nations in the world with almost 850 million Indians already using the internet and 1.2 billion estimated to do so by 2025-26.
24.11 / 15:48
FIVE Platform Action electronic RBI makes addition of 19 unauthorised forex trading platforms in Alert List, check details
Reserve Bank of India on 24 November updated the 'Alert List' of unauthorized forex trading platforms by adding 19 more entities, including FX SmartBull, Just Markets, and GoDo FX, taking the total to 75. According to the list, these entities are neither authorized to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor to operate an electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018. The other entities added to the list are Admiral Market, BlackBull, Easy Markets, Enclave FX, Finowiz Fintech, FX SmartBull, Fx Tray Market, Forex4you, Growing Capital Services, and HF Markets.
24.11 / 15:17
Platform electronic RBI adds 19 unauthorised forex trading platforms in Alert List
Reserve Bank on Friday updated the 'Alert List' of unauthorised forex trading platforms by adding 19 more entities, including FX SmartBull, Just Markets, and GoDo FX, taking the total to 75. The Alert List contains the names of entities, which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor to operate electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018.
24.11 / 09:41
Citizens Aware President country social electronic innovations Respond to problems of common people promptly: Prez Droupadi Murmu to civil servants
Droupadi Murmu on Friday said it is the duty of civil servants to respond promptly to the grievances of the people besides adopting innovative measures beneficial for citizens. Addressing a group of officer trainees who had called on her at the Rashtrapati Bhavan here, the president said the feedback of the public on various government schemes and projects is now considered very important for an efficient and accountable administration. At a time when people can post their grievances instantly on social media, the need to use updated governance tools and advanced technology for service delivery to people has increased manifold, she said.
24.11 / 08:27
Provident Waves Manufacturing Mobile show electronic reports Black Friday sales: Desi fervour for a Western phenomenon a boost for Indian retailers
Black Friday sales provide hefty discounts on a variety of products. As for Indians, it is a great opportunity for those who missed the Diwali sales bus. An increasing number of brands are jumping on the bandwagon, seeking to tap into an Indian populace that finds itself more connected with Western culture. However, more than anything, it is just another opportunity sandwiched between Diwali and Christmas spirit that typically takes consumer item sales to new highs. This year it also comes at a time when Indians at large are riding the premium wave and are ready to shell out a lakh of rupees for a mobile or TV. “Black Friday is becoming a global phenomenon for giving a chance for consumers to buy aspirational products at good deal pricing. This also helps retailers get a better stock turn at reduced margins,” Kumar Rajagopalan, CEO of the Retailers Association of India (RAI) told ET Online. Offers are up for grabs on products ranging from clothing, footwear, beauty & personal care to consumer electronics, appliances and jewellery with players like Amazon, Myntra, Croma and Vijay Sales catering to the rise in demand. “Many lifestyle products including consumer durables, IT products, garments and wearable accessories seem to be getting a sales boost. Generally, this is seen as being very useful for omnichannel retailers,” Rajagopalan added.
24.11 / 05:59
Provident Platform PINK Adidas beautiful electronic exclusive Black Friday sale 2023: Here are best deals from Amazon, Croma, H&M, Nykaa and others
Black Friday Sale 2023: From Vijay Sales to Croma, best deals and offers from Indian retailers In the West, Black Friday is synonymous with deep discounts. In India, retailers are offering 50-70% discounts on products, free shipping, easy-to-return policies, and offers like buy-one-get-one offers on beauty products, apparel, and electronic items among others. Electronic brand Croma unveiled its 'darkest' Black Friday sale this year.
24.11 / 04:57
IPO Digital Booking Software show beautiful electronic Gurmeet Chadha’s pointers on playing the power bouquet; where to bet in NBFCs
Gurmeet Chadha, CIO & Managing Partner, Complete Circle Consultants, says “we are playing power through power generation which is Tata Power, also had some exposure to CG Power. Then we are playing it through the transmission space which is Power Grid, among others. Some of the stocks are fairly valued, including Coal India and NTPC. So that is one way. Then we have the renewable sources to play, which is Praj Industries and that is more on bio-fuel. The third way is through the financiers and just see the move in REC and PFC, the way they have run up. That has been the most long, secular play.” What all do you own in power because from legacy companies, wires and cables, transmission towers, financiers, there is a big bouquet out there in power? Absolutely. And as we were discussing in the morning we are playing it through power generation which is Tata Power, also had some exposure to CG Power. Then we are playing it through the transmission space which is Power Grid and there is a proxy play to power through a company which is basically a defence company into explosives, got the largest order from Coal India for Rs 3000 crore – Solar Industries. The stock has run up quite a lot. 40% of the revenue comes from Coal India, which again is mainly on power generation.
24.11 / 01:49
Provident Celebrity country electronic reports donates Cyber What are Black Friday, Small Business Saturday, Boxing Day and Cyber Monday sales
ALSO READ: Black Friday Sale 2023: From Vijay Sales to Croma, best deals and offers from Indian retailers On this day, retailers offer major discounts to attract customers and stimulate early holiday shopping. This is done with an aim to boost the overall sales. The day also provides an opportunity for retailers to clear out older or excess inventory by offering discounts and making room for new merchandise, NDTV reported.
24.11 / 00:45
Digital Aware Platform Bill electronic information Appario looks for a new way to keep selling on Amazon
Appario Retail, the largest seller on Amazon India, is scripting a change of plans for its future on the ecommerce platform, multiple people aware of the development told ET. Amazon and Patni Group, joint venture partners of Appario’s parent firm Frontizo, had in October last year announced plans to shut the seller entity within a year. But it is unlikely to stop selling on Amazon India as it continues to work closely with brands and sellers and has more than a month of forward inventory in its warehouses, people cited above said.
24.11 / 00:39
Digital Mobile legislation Bitcoin electronic Russian Bailiffs Will Get More Powers to Seize CBDC & Crypto
Moscow will give Russian bailiffs more new powers to seize digital rubles and cryptoassets in bankruptcy cases.
23.11 / 19:50
Citi Aware Platform show electronic reports Festive time lifts credit card spends to a record
₹1.78 trillion in October aided by strong festive season purchases on e-commerce platforms, latest Reserve Bank of India data showed. The spending had seen a dip in September as consumers prioritized saving ahead of big buys in the festive season. Total spending via credit cards jumped 38.3% year-on-year and 25.4% month-on-month in October.
23.11 / 16:31
Reuters economy Nov show country electronic reports Crude losses deepen, U.S. retailers' holiday worries - what's moving markets
Investing.com — U.S. stocks are set to be shuttered for Thanksgiving festivities, after equities on Wall Street gained in the last full day of trading this week on Wednesday. Meanwhile, oil prices extend declines after OPEC+ unexpectedly delayed a much-anticipated output policy meeting. Elsewhere, Reuters reports that staff researchers at OpenAI had warned of the risks of a new artificial intelligence breakthrough prior to the temporary dismissal of chief executive Sam Altman.
23.11 / 15:35
Target CEO Adobe pandemic track electronic reports Retailers are ready to kick off Black Friday just as shoppers pull back on spending
Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements
23.11 / 14:13
Provident FIVE electronic Black Friday Sale 2023: From Vijay Sales to Croma, best deals and offers from Indian retailers
₹72,990, with an instant discount of ₹5,000 available through HDFC Bank Cards and other exchange offers. Additionally, there is a 7.5 percent instant discount, up to Rs. 7,500, for HSBC Bank Credit Card EMI transactions on a minimum purchase of Rs.
23.11 / 12:37
Provident FIVE Digital electronic exclusive travelers Delhi govt introduces nation’s first-ever premium bus aggregator scheme
₹5 lakh and will be valid for a five-year period. Renewals for another five years can be acquired before the expiry by paying ₹2,500. No licence fee will be levied on electric buses.
23.11 / 08:17
Experts electronic BEL shares decline 1.34% as Sensex climbs
Bharat Electronics Ltd. traded at Rs 139.95 on BSE at 01:29PM (IST) on Thursday, down 1.34 per cent from previous close. The stock quoted a 52-week low price of Rs 87.0 and a high of Rs 147.2.
23.11 / 03:56
BLOCK economy President country electronic consequences guidelines Modi calls for global AI regulation
Prime Minister Narendra Modi on Wednesday told the leaders of the Group 20 (G20) block of large economies they ought to work together for global regulation of artificial intelligence (AI).
23.11 / 01:13
Provident Citizens Progressive electronic strain services "Situation has become more secure": EAM Jaishankar on resumption of e-Visa services for Canadians
e-Visa services by India for Canadian nationals, External Affairs Minister S Jaishankar has said that the visa issuance was temporarily suspended because the situation in Canada has made it «difficult for our diplomats to do the necessary work.» Addressing a press briefing following the conclusion of the Virtual G20 Leaders' Summit on Wednesday, Jaishankar said that the physical visa has started in many categories. «Regarding the E visa, you know, first of all, it had nothing to do with the G20 meeting. What had happened was we had temporarily suspended visa issuance because the situation in Canada made it difficult for our diplomats to do the, you know, frankly to go to the office and do the necessary work for processing visas,» Jaishankar said. «As the situation has become more secure or relatively improved.
23.11 / 01:13
Apple Enterprise AirPods electronic fall iPhone’s the Apple of its maker's eyes as its siblings enter fall season
Apple Inc. is expected to see lower shipments of Macs, iPads, AirPods and smartwatches this year in India even as iPhone demand continues to surge, according to industry analysts and retailers. While Mac shipments will likely fall between 15% and 18% in calendar 2023, iPad shipments might contract 6% to 8%, analysts at technology market researcher Counterpoint told ET. Shipments of Airpods and Apple Watches will likely more than halve this year, the analysts said. They declined to give unit projections for shipments of these products.

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