Electronic Financial News

It might be that only a small number of bankers will understand the true significance, but the end of an era is upon us. As part of the integration between UBS and Credit Suisse, UBS will switch off the Credit Suisse “Crossfinder” trading system.

AI has given rise to a new era of convenience, effectiveness and tailor-made experiences. The global AI market is expected to reach a valuation of approximately $ 1,591.03 billion by 2030.

South India’s first inter-state Metro project between Karnataka and Tamil Nadu have moved up in pace. The Chennai Metro Rail Limited (CMRL) on August 1 floated a tender for the preparation of a feasibility study for the first inter-state metro project in the Southern India. 

Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. "We now have randomly selected, from the remaining FY 2024 registrations properly submitted, a sufficient number of registrations projected as needed to reach the cap," US Citizenship and Immigration Services (USCIS) said on Tuesday.

Relative Strength Index (RSI), which helps investors gauge the momentum and strength of a stock's price movement. RSI is widely used by traders and analysts to identify potential entry or exit points in the market. Today, we delve into the significance of RSI and its application by examining the top 10 stocks that witnessed a decline in their RSI.

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”

Punjab National Bank (PNB) is conducting an electronic auction (e-auction) for mortgage properties on 3 August 2023. The properties offered by the PNB e-auction will include all kinds of properties like housing, residential, commercial, industrial, etc. Under PNB mega e-auction, you have a chance to bid and win a home at a lower price than the existing market rate.

Bharat Electronics Ltd. rose 0.32 per cent to Rs 125.8 in Thursday's trade. It hit an intraday high of Rs 126.55 and low of Rs 124.0, respectively, during the day.

New Delhi: Minister of state for electronics and IT Rajeev Chandrasekhar. said Wednesday that the Indian telecom sector provided opportunity for more players to come even as he foresaw four players to continue to remain in the sector.

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025

Stocks that are trading heavily or have substantial price changes on Wednesday: Electronic Arts, Generac fall; Humana, CVS Health rise

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”

Ankle Monitor," designed to track children. The device is said to have an app that enables parents to monitor the whereabouts and activities of their kids. The video's widespread circulation on various social media platforms has sparked diverse reactions from viewers. But is it real? It is pertinent to mention that an ankle monitor, also known as an electronic monitoring device, is used for tracking the location and movements of individuals. It is typically worn around the ankle and is equipped with GPS technology or radio frequency signals. Ankle monitors are commonly used in the criminal justice system as an alternative to incarceration for non-violent offenders, pre-trial detainees, or individuals on parole or probation. The device allows authorities to monitor the person's whereabouts and ensure they comply with court-ordered restrictions, such as staying within designated areas or adhering to curfew conditions. It is an effective tool for supervision and helps reduce overcrowding in prisons while providing an opportunity for rehabilitation and reintegration into society.

₹7,000 crore in this financial year, a more than 16% rise from the previous year, said Anil Sardana, the company’s managing director and chief executive, in an interview. The company is planning to increase its capital expenditure outlay by about 10% every year, he added. “We are sitting with a huge order book.

The committee was constituted to develop a roadmap for «India as a Semiconductor Talent Nation», minister of state Rajeev Chandrasekhar said in a reply in the Lok Sabha. It had representatives from the semiconductor industry, academia and government.

Government organisations faced over one lakh cyber security incidents till June this year, while financial institutions saw over four lakh incidents, numbers presented in the Lok Sabha on Wednesday showed. Government organisations have faced 1,12,474 cyber security incidents till June this year, minister for electronics and IT Ashwini Vaishnaw said in the Lok Sabha on Wednesday in a written response.

₹100, they will only be taxed on that amount and not for every game that they play with that money. Eventually, it is the player that is taxed and not the platform. A rummy operator said, this is the highest tax rate in the world, and will have a crippling impact on the online rummy industry.

₹900 crore in incentives have been withheld by the Centre, “citing invoicing discrepancies", as Mint reported. A word commonly used to describe Indian trade and economic policy is ‘insularity’.

Independence Day sale offer for the recently launched Phone (2). Launched in July this year at a starting price of ₹44,999, the Nothing Phone (2) can be purchased at an even lower price during the sale offer. The discount includes a cashback offer of ₹3,000 for ICICI, Kotak, and HDFC Bank card holders, effectively bringing down the price to ₹41,999.

New Delhi: The Rajya Sabha on Wednesday passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023 that encourages the private sector in the exploration of mineral, including lithium. The Bill was passed by the Lok Sabha on 28 July. With the clearance by the upper house, the legislative exercise in Parliament is complete and the Bill will become a law after the President’s consent.

Ashoka Buildcon 106.84 98.09 103.56 4.76 4.82 Asian 15.46 15.46 15.46 0.73 4.96 ATV Projects 13.29 13.29 13.29 0.63 4.98 Axtel Ind 359 330 346.5 17.6 5.35 Banco Products 359.75 335.45 343 -11.65 -3.28 Bansal Roofing 118.7 102 108.9 -2.52 -2.26 Basant Agro Tec 28.6 26.4 27.5 1.32 5.04 BCC Fuba 41.65 41.63 41.65 1.98 4.99 BEML 2126.6 1947.55 2053.7 79.65 4.03 Berger Paints 716.75 696.55 711.75 9.05 1.29 Bikaji Foods 508.75 465.95 473.55 -10.55 -2.18 Birla Cable 198.45 184.25 188.6 -1.6 -0.84 Blue Chip 0.6 0.6 0.6 0.01 1.69 Bright Outdoor 500 459.65 476.95 -5.05 -1.05 C. E.