Innovations Financial News

Electric Vehicle policy 2023-28, which aims to create one lakh jobs and attract an investment of Rs 50,000 crore in Karnataka. Speaking at an ideation meeting with representatives of the EV sector, industries minister MB Patil said that the government would develop model EV cities across the state in Kalaburagi, Belagavi, Hubballi-Dharwad, and Mysuru to promote EV adoption. “This proposed policy aims to transform Karnataka into a pioneering force in the field of electric mobility, embracing sustainable practices and equitable growth while fostering innovation and creating a robust ecosystem for EVs,” he said. The government, he added, was also in touch with the centre’s National Highway Authority of India (NHAI) to set up electric vehicle charging stations on either side of the highway at ten major toll booths along the national highway between Bengaluru and Pune.

Apple has unveiled an exciting feature for iPhone 15 Pro users with the release of iOS 17.2 beta 2 – spatial video recording. This innovative capability is a significant step towards the highly anticipated Apple Vision Pro augmented reality headset, set to hit the market in early 2024. With the update, iPhone 15 Pro owners can now toggle on the «Spatial Video for Apple Vision Pro» option in the Settings app to unlock the potential of 3D video recording.

₹3,19,400 crore in FY22. By FY26, this is expected to touch ₹4,88,300 crore.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million.

smartphone is undeniable. Don't miss this grand finale – your last chance to illuminate your Diwali with the brilliance of a new OnePlus smartphone, all while enjoying remarkable savings that add an extra sparkle to the festival of lights. Seize the moment, as it is not merely a sale; it's a Diwali extravaganza, and this is your final call to bask in the glow of a remarkable OnePlus deal.

Geysers not only provide a consistent and continuous supply of warm water but also overcome the limitations associated with traditional heating methods by making hot water readily available at various outlets within a home. Despite the undeniable advantages of geysers, apprehensions persist regarding their potential impact on energy consumption and subsequent utility bills. Recognizing these concerns, we present a thorough exploration of the best 5-star rated geysers available in India.

Tony Evers has invited schoolchildren statewide to join in the holiday cheer by crafting ornaments for this year's State Capitol Holiday Tree. Governor Evers tweeted, «Help us decorate the 2023 Capitol Holiday Tree with ornaments celebrating the 175 years of dreamers, creators, innovators, leaders, and hardworking folks that made us the state we are today!» The theme not only commemorates the state's 175 years of existence but also pays tribute to the diverse array of Wisconsinites who have played pivotal roles in shaping its identity. On Nov 7, he unveiled the theme for this year's Capitol Holiday Tree as '175 Years of Wisconsinites.' Although the theme is decided, Wisconsinites will have to wait until the day before Thanksgiving for the tree to be erected in the State Capitol.

Reserve Bank of India Governor Raghuram Rajan said. “We should be going at 8%-8.5% given the needs of the population and the need for jobs,” Rajan said via video link at an event in Beijing on Friday. Economic growth at 6%-6.5% is strong compared with other countries, “but relative to our need for jobs I think it’s still somewhat slow because we have a lot of young people who need to be employed.” While India’s expansion has outpaced that of other major economies, the country isn’t creating enough jobs for the millions of people joining the workforce every year.

By Naomi Rovnick and Marc Jones

ESAF Small Finance Bank debuted at a premium of 19.8% on the BSE on Friday. The stock got listed at Rs 71.9 on BSE as against the issue price of Rs 60.

Dhanteras is the day that marks the beginning of the grand Diwali festivities, a time of celebration and wealth creation! As we immerse ourselves in the radiant glow of lights and the spirit of prosperity, let us explore thirteen enlightening ways to manifest and embrace wealth.

MFI sector posts 21% growth in loan kitty "We are entering the NBFC sector for the Pidilite ecosystem. The Pidilite ecosystem consists of a set of large number of users and a large number of dealers. These users could be furniture contractors, plumbing contractors, masons, Kothi contractors, tile layers," he said.

Vipul Shah, Chairman, Gem & Jewellery Exports Promotion Council (GJEPC). In an interaction with ET Digital, Shah says he is upbeat about the prospects of the gems & jewellery sector as the industry expects the ongoing festive month to give a sharp surge in demand.

An economic grouping that includes several ex-Soviet nations along with Afghanistan, Iran, Pakistan and Turkey has held a summit in Uzbekistan, and leaders of member countries have vowed to further expand trade and economic ties

Diwali 2023 Stock Picks: TheIndian domestic equity market reached all-time highs in 2023 and ended Samvat 2079 on a strong note. Frontline index Nifty 50 breached the 20,000 mark and 20,000 mark gained 10 per cent in this period, while broader indices Nifty mid- and smallcap outperformed with gains of 30 per cent and 36 per cent, respectively. Going ahead, for Samvat 2080, the global geopolitical situation will remain grim as the Israel-Palestine war has added to the already crippled global order due to the Russia-Ukraine war.

In a strategic move to boost the burgeoning landscape of decentralized finance (DeFi), Spartan Capital has announced its continued commitment to Pendle Finance through an over-the-counter (OTC) acquisition.

Popular crypto-friendly investment firm ARK Invest has significantly increased its stakes in the commission-free investing app Robinhood.

The Proof of Stake Alliance (POSA), in partnership with Paradigm Policy Lab, put forward a new set of best practices for staking with the goal of ensuring “customer protection and responsible innovation in the staking space” on Thursday, November 9th.

By Saeed Azhar and David French