Information Financial News

The Centre is planning to build a common information technology (IT) backbone linking various stakeholders of the corporate turnaround ecosystem to improve the efficacy of debt resolution, two people aware of the matter said. The entities to be connected include the National Company Law Tribunal (NCLT), the Insolvency and Bankruptcy Board of India (IBBI), credit information providers, lenders, distressed businesses ending up in tribunals, and insolvency professionals. National E-Governance Services Ltd (NeSL), India’s first agency registered under IBBI to provide legal evidence on debt to creditors and tribunals, will also be part of this IT network.

₹250 crore in case of a data breach. For the average user, the rules put in place rights to access their information by any entity, withdrawal of consent, and enable mechanisms to correct or erase personal data and mechanisms of redressal in cases of breach. Legal experts pointed out that proposed rules may increase compliance burden, since companies already have to report breaches to the Indian Computer Emergency Response Team (Cert-In), the government agency that coordinates cybersecurity efforts, within six hours.

By Divya Chowdhury and Savio Shetty

India's military presence in the Maldives, now at the centre of a controversy, has been focused on managing two helicopters and a Dornier maritime surveillance aircraft that were gifted to the island nation to conduct search and rescue operations and surveillance of its Exclusive Economic Zone. The aerial assets, which are under direct control of the Maldives National Defence Force (MNDF), have helped conduct more than 600 medical evacuations, search and rescue missions and medical team transfers in the past five years, often making the difference between life and death at the high seas, said people with knowledge of the matter. According to information shared by the Maldives government, the 77 Indian military personnel are either flying crew, technical staff, medical staff or trainers for the two advanced light helicopters and one Dornier maritime surveillance aircraft that operate under the MNDF, they said. These include 24 personnel for one helicopter, 26 for the second, 25 for the Dornier and two additional personnel for general maintenance and engineering. There is no presence of Indian combat troops on the island nation and the bulk of personnel are involved in operating the aerial assets and training MNDF personnel on the equipment and platforms, said the people.

Searching for information has become instant and effortless—just go to your nearest device, ask Siri or click a few keys. But are we better informed than we were before Google became a verb? A new paper published in Nature hints that we’re not. When researchers exposed volunteers to a mix of fake and real news stories, they found people became more prone to being fooled by fake stories after being asked to do an internet search.

The Blacklist, the NBC series which has been running for a long time concluded its latest tenth season which was the final one. It is available already on Netflix in several regions. But the US has been comparatively not fast in picking up the latest season, however, now a release date has been brought out for the final episodes. Since the year 2013, it has been witnessed by viewers that an FBI informant who was formerly a criminal, captured dozens of criminals. It was announced that The Blacklist will be returning for its tenth season on NBC in February 2022. The filming started in September 2022 for season 10 starring Anya Banerjee as Siya Malik. The final season has 22 episodes marking the return of Harry Lennix, Diego Klattenhoff, James Spader, and Hisham Tawfiq. The final season has been driven back to the midseason with the last episodes starting their run on February 26th, 2023 on NBC, before concluding in mid-July, 2023.

demat account, understanding how to navigate through turbulent market conditions is crucial. While market fluctuations can be intimidating, they also present opportunities for strategic investing. Here are some tips to help new investors successfully navigate market volatility using a demat account.

January 10, 2024, London, UK —  A lucky Sportsbet.io player has won the largest slots jackpots in history, turning a single $50 spin into an incredible $42 million prize.

₹668.18 crore in Q2FY24 to ₹293.82 crore during the period under review. The quarterly revenue of Jio Financial Services slumped 32% from ₹608.04 crore during the quarter ending September 2023 to ₹413.61 crore during Q3FY24. In the nine-month period ending December 2023, Jio Financial Services witnessed a significant jump in financial performance as compared to the fiscal year ending March 2023.

Mumbai, Maharashtra, India: Futures and Options (F&O) trading in India has long been the predominant domain of institutional investors and seasoned traders. But now, it's capturing the interest of retail investors as well.

Rajeev Chandrasekhar on Monday assured that the government will shortly notify tighter rules under the Information Technology Act to ensure compliance by platforms in the country. Union Minister took to X on Monday and expressed gratitude to Sachin Tendulkar for pointing out the video. He said deepfakes and misinformation powered by AI are a threat to the safety and trust of Indian users and the platforms are required to comply with advisory issued by the Centre.

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This pocket-sized, AI-powered retro assistant, priced $200, sold out its initial batch of 10,000 units in a day after its launch at the tech show in Las Vegas. The handheld device is meant to manage your smartphone apps for you with the use of a large action model, an AI model that navigates app interfaces to perform tasks. It responds to voice commands and is capable of activities like booking rides, managing household tasks, and answering queries. Here’s an ET Explainer by Subhrojit Mallick on what the hype around Rabbit R1 all about. Who is Rabbit?Rabbit Inc, the maker of this AI-powered gadget, is a

Sachin Tendulkar has become the latest victim of deepfakes after a video went viral showing the former Indian cricketer endorsing a gaming app called Skyward Aviator Quest. In the video, Tendulkar is seen promoting the app saying his daughter Sara uses it to make daily gains to the tune of Rs 1.8 lakh by predicting the outcome of the game.

revival of bulbuli fight, a quintessential tradition of the Bhogali Bihu at Shri Hayagriva Madhav Mandir at Hojo. It may be noted that this ancient tradition of Bihu was recently revived by the State government. Therefore, after nearly a decade, the devotees of the Hayagriva Madhav mandir and other enthusiasts could witness the bulbuli fight and enjoyed the ancient heritage as a part of the Bhogali Bihu celebrations. This competition dates back to the days of Swargadeo Pramatta Singha and in December 2023, the State government decided to revive it after a gap of nine years. Sarma along with wife Riniki Bhuyan Sarma and his son and daughter visited Hayagriva Madhav Mandir and offered their pujas. In December last year Assam cabinet gave in-principle approval to the issue of detailed procedure/SOP for permitting traditional buffalo and bull fights to be organised during Magh Bihu at Ahatguri, Morigaon district, Nagaon district or in any other part of Assam. Rhe cabinet meeting stated that the SOP aims at ensuring no deliberate torture or cruelty is carried out on the animals and their well-being is provided for by the organisers during the annual Moh-juj festival, an integral part of the centuries-old Assamese cultural tradition The Supreme Court had banned traditional buffalo fights. In Magh Bihu celebration (which is held in the month of January) the buffalo fights are organised as a part of the age-old tradition in Morigaon. Fights were held in Ahatguri and Raha. These fights were organised however informally.

Jio Financial Services on Monday reported a 56% sequential fall in consolidated net profit for the quarter ended December 2023 to Rs 294 crore. Consolidated revenue from operations fell nearly 32% from the previous quarter to Rs 413.61 crore. Total expenses for the December quarter were Rs 98.95 crore compared with Rs 71.43 crore in the September quarter. The total tax outgo for the quarter was Rs 88 crore compared to Rs 86.3 crore in the preceding quarter. The consolidated earnings of Jio Financial include that of its subsidiaries, associates, and joint ventures.

Panchayat Mausam Sewa Portal, in English, Hindi and twelve regional languages to help farmers in planning the agricultural activities like sowing, transplantation, application of irrigation, fertilizers, pesticides, etc. It also launched a National Framework of Climate Services (NFCS) that seeks to reduce losses from climate hazards and extreme weather events to commemorate the 150th year of the weather office. The NFCS framework seeks to build a platform for users of climate information and services that will strengthen the production, availability, delivery and application of science-based climate monitoring and prediction services for key sectors such as agriculture, health, energy and disaster management. Talking about the achievements of the weather office Kiren Rijiju, Union Cabinet Minister, Ministry of Earth Sciences said that IMD has improved its forecast accuracy of severe weather events by 40% in the last five years. It has improves the weather observational network in the country in last decade significantly by employing technology. For example, the number of Doppler radars in the country has increased from 15 in 2014 to 39 in 2023, and additional 25 radars will be added in the next 2-3 years. Rainfall Monitoring Stations have increased from 3955 in 2014 to 6095 in 2023; upper air stations have increased from 43 in 2014 to 56 in 2023; High wind speed recorders increased from 19 in 2014 to 35 in 2023.

Samsung Galaxy S24 series launch event, scheduled just two days from now, speculation abounds regarding the pricing of the forthcoming flagship smartphones. Leaks suggest a potential pricing shift, raising questions about consumer expectations for the new devices. The South Korean tech giant has been touting advanced AI features that are poised to elevate the user experience with the Galaxy S24 series.

Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft. The Adani group, which is redeveloping Dharavi slums in collaboration with the Maharashtra government, claimed the flat size was «17 per cent more» than what is offered as part of slum redevelopment projects.

The body would work towards strengthening governance standards and addressing the sector's needs and challenges, the central bank said.