Platform Financial News

South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from cryptocurrency platforms seeking to offer services to residents. 

Two major private sector banks Axis Bank and IDFC FIRST Bank have announced devaluation across some of their popular credit cards. Axis Bank is set to revise features and benefits on some of its premium cards starting April 20, while IDFC FIRST Bank will implement similar changes on most of its cards from May 1, 2024.

Goibibo, a popular travel platform, has launched a new campaign featuring ambassador Kareena Kapoor Khan, also known as Bebo. This film is part of the brand’s ‘Hotels Aise on Goibibo, Full Marks by Bebo’ campaign, where Kareena Kapoor Khan brings her signature charm and humour to the iconic character ‘Geet’ from the movie Jab We Met.

The Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in India has announced the start of Dealer Satisfaction Study for Finance and Insurance to be undertaken in association with PremonAsia, a consumer-insight-led consulting and advisory firm based out of Singapore.

Modern Wealth Management has hired a 20-year industry veteran with experience of building out two nationwide wealth management firms to drive its growth initiatives.

Under the terms of the deal, LBBW will take on Bitpanda's 'investment-as-a-service' infrastructure to store and procure cryptocurrencies.

Narendra Modi described his roadshow last night in Mangaluru as «memorable», and his public meeting in Mysuru, during which he shared the stage with former prime minister H D Deve Gowda, as «phenomenal». During the public meeting on Sunday evening at Mysuru's Maharaja's College ground, Modi also met Arun Yogiraj, the sculptor of the Ram Lalla idol consecrated at Ram Mandir in Ayodhya. Pictures of him Yogiraj greeting the prime minister has gone viral on social media.

₹14,000. The price of one DR with Apple as underlying at NSE IFSC is, say, $6.8. At a conversion rate of 83, it is approximately ₹564.

Kakani took to the platform X to share a breakdown of expenses for a family of four, emphasizing that the figure of Rs 20 lakh annually was devoid of any luxury expenses. His post, accompanied by a screenshot of an Excel sheet detailing monthly and yearly expenditures, quickly gained traction, garnering over 8.3 lakh views since its posting on April 14.

MUMBAI : Gazing down at Bengaluru from the top of the iconic Cafe Coffee Day building, known as the Square, one can sense the emerging power in India’s real estate market. Owned by Strata, the country's largest fractional real estate platform, the building symbolizes a major shift in property investments. Propelled by the concept of fractional ownership, Strata has rapidly grown to a formidable ₹1,800 crore in assets under management in just four years.

credit cards) were growing at a faster pace. Taking note of the high growth and to avoid an increase in the banks' NPAs, the RBI increased the risk weights for these loans in November 2023. The move has not had much impact on the growth of these loans, specifically credit cards.

Mahindra Group will foray into the hybrid renewable energy segment with an investment of Rs 1,200 in a solar and wind project, the company said in a stock exchange filing on Monday. Mahindra Susten, its renewable energy platform, will develop the project along with Ontario Teachers' Pension Plan Board as a strategic partner. As a part of this project, the group will install ˜101 MW wind capacity and ˜52 MW solar capacity. The project will be one of the largest co-located solar + wind hybrid projects in Maharashtra to deliver clean energy to Commercial and Industrial (C&I) customers, it said.

Digitisation is among the foremost requirements in the present era for MSMEs to communicate with customers and vendors quickly and easily. It ensures high levels of productivity. Adoption of digital tools also increases cost efficiency and eases customer management. Using social platforms such as Instagram and WhatsApp for customer inquiries has become commonplace today for interactions with end users, say industry stakeholders.

Amid persistent advisor demand for exposure to alternatives, particularly in the private-credit space, iCapital has announced a deal to help more investment professionals and their clients diversify into the sector.

The newly emerging revenue-sharing CasinoFi platform, Scorpion Casino , recently announced PinkSale as its official launchpad partner.

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Aam Aadmi Party (AAP) MP Sanjay Singh met Trinamool Congress MP Derek O'Brien at his residence on Sunday. «We are together in the fight to save democracy and the Constitution,» Sanjay Singh posted on social media platform X.

Indian Embassy in Iran issued additional helpline numbers for the assistance of Indian citizens after Iran launched over 300 missiles and drones on Israel. In a post on social media platform X, the Indian Embassy in Iran wrote, «Embassy of India in Tehran has activated additional helpline numbers. For any assistance, please contact the Embassy at: +989128109115; +989128109109; +989932179567; +989932179359; +98-21-88755103-5; [email protected]» Iran, on Saturday, attacked Israel with more than 300 projectiles, in response to an attack on its consulate in Syria.

Union Home Minister Amit Shah attacked former Chhattisgarh Chief Minister Bhupesh Baghel and Congress, saying that the country witnessed several scams committed by the Congress but none of them had been named after a god adding that keep the anger of Mahadev betting app in mind and press the lotus (BJP symbol) button with such a force that the tremors are felt till Italy. ED is investigating a case against «Mahadev Online Book», which is an umbrella syndicate arranging online platforms for enabling illegal betting websites to enrol new users, create user IDs and launder money through a layered web of Benami bank accounts. Addressing a public rally in Khairagarh, the Union Home Minister said, «If he (Bhupesh Baghel) says that today is Monday, then it is definitely not. Because he never speaks the truth. He took an oath on 'Gangajal' that he would ban liquor but rivers of alcohol are flowing today. He did Mahadev app corruption. The person who is known across the country by the Mahadev app… is Bhupesh Kaka. He spoke of opening the jute industry, but he didn't. He promised to give Rs. 5000 per month to women, but he didn't… There have been a lot of scams in this country but no scam was in the name of God.»