Platform Financial News

Mumbai, 09.10.2023 – Rubix Data Sciences, a technology and analytics-based B2B risk management and monitoring platform provider, today announced its Rubix Credit Decisioning Solution in now available on SAP Store. The solution work with SAP S/⁠4HANA® Cloud giving access to Rubix Risk Scores and credit and financial risk information. This enables users to make better credit decisions and automate the risk monitoring of their counterparties.

By Foo Yun Chee

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The Solana price has dropped to $22.81 today, representing a 2.5% fall in the past 24 hours as the wider market slips by 0.5% in the same amount of time.

As Uptober takes grip of on-chain markets, crypto prices are surging, and the latest token to skyrocket is DAI Reflections (DRS) - which exploded +25,000% in an over-night moonshot.

The Nun 2 now have an exciting update. This terrifying sequel, conceived under the watchful eye of renowned horror director James Wan, has sent chills down spines since its theatrical debut on September 8.

IIFL Group’s early-stage investment arm IIFL Fintech Fund announced its first exit on Monday, divesting its stake in fraud detection platform TrustCheckr to Swedish caller identification app Truecaller, delivering an 80% return to investors. The fund, backed by group companies IIFL Finance and IIFL Securities, has a corpus of Rs 210 crore invested in a portfolio of 13 companies including Bengaluru-based stock analytics platform Trendlyne, document infrastructure platform Leegality, insurance technology startup Insurance Samadhan, among others.

The real estate sector holds a crucial position in any nation’s economy, its influence extending from employment creation to overall economic growth. However, this sector’s dynamics are intricately tied to various factors, notably policy and regulatory alterations. Governments, over the years, have initiated regulatory reforms to streamline the real estate industry, aiming for heightened transparency, stakeholder protection, and economic advancement. Predictions indicate that by 2030, India is set to rise as the world’s third-largest real estate market, reaching an impressive value of USD 1 trillion. This constitutes a significant chunk, about 18-20 percent, of India’s GDP.

Crypto markets are yet again undertaking another game-changing innovation: Bitcoin Minetrix's stake-to-mine system.

The price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.

Cogwise is a trending new platform set to transform the AI trading landscape by integrating blockchain security with the precision of artificial intelligence. 

HTX, the crypto exchange operated by Huobi Global, has successfully regained the funds that were stolen by a hacker in a security breach that occurred in late September. 

The Ethereum price has dropped by 0.5% in the past 24 hours, dipping to $1,619 as the market as a whole falls by roughly the same percentage within the same amount of time.

Stock market today: Despite weak stock market sentiments duen to Israel Palestine conflict, E Factor Experiences Limited IPO listed today on NSE SME Emerge platform delivering over 53 per cent listing gain to its allottees. E Factor Experiences Limited share price opened on NSE at ₹115, which is ₹40 per share higher of more than 53 per cent from its price band of ₹71 to ₹75 per equity share. However, the newly listed NSE SME stock didn't stop here only.

₹2,139.00 apiece on the BSE. MCX stock price is tad below its 52-week high of ₹2,139.95 hit on September 29, 2023. After several delays, the largest commodity bourse in the country, MCX, on Sunday, received approval of the SEBI Technical advisory committee to go live with its commodity derivative platform (CDP).

Elon Musk's X starts showing clickbait ads that can't be blocked or reported, users say ‘reminds me of…’ However, shortly after the launch of Threads, Instagram boss Adam Mosseri in an interaction with The Verge had said that the goal of Threads was not to replace Twitter, but to create a 'public square for communities on Instagram'. Mosseri had also said:“Politics and hard news are important, I don't want to imply otherwise.

Reliance Industries: Reliance Retail Ventures Ltd (RRVL) on Friday said that sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will invest an additional ₹4,966.80 crore in the retail unit of Reliance Industries Ltd, following a 1.18% stake purchase in the company in October 2020. The fresh investment values RRVL at a pre-money equity value of ₹8.38 trillion, making it among India’s top four most valuable companies. TCS: Tata Consultancy Services Ltd informed the stock exchanges on Friday that its board will consider a proposal for a share repurchase on 11 October, when the company declares its second-quarter earnings.

The Chinese central bank has claimed that its program of digital yuan giveaways is helping to drive up CBDC adoption.

Nijjar, in Canada, an independent blogger, Jennifer Zeng, has said that China's «purpose was to frame India creating discord between India and the West». She also alleged that it was a part of the CCP's sinister «Ignition Plan» to disrupt the world in line with Xi Jinping's military strategy regarding Taiwan. Jennifer Zeng is a Chinese born rights activist, journalist who is currently living in the US. In a video posted on the social media platform, X, Zeng dubbed the killing of Nijjar as an assassination claiming, «Today shocking revelations about the 'assassination ' of Sikh religious leader, Hardeep Singh Nijjar, in Canada have emerged from within the CCP.

The cryptocurrency market has been abuzz with the tepid performance of top crypto coins, which has prompted crypto users to start considering new altcoins. The coins that had posted disappointing results included dYdX and even Bitcoin, which settled at around $27,600. However, the performance of the newly launched InQubeta (QUBE) has taken everyone by surprise. Launched barely a few months ago, its presale funding recently shot past $3.4 million.

climate risk assessment metrics as part of a broader strategic roadmap outlined by the government to maintain their growth and profitability momentum. The finance ministry is likely to hold a review, later this month, on performance of public sector lenders in the backdrop of a three-year strategic roadmap, a government official told ET. The move is in line with increased focus globally on the challenges posed by climate change and the need for building financial sector resilience and readying state-owned lenders for the next leap. «Globally, there is a shift towards incentivising companies with low carbon footprints,» another official aware of the development said. «PSBs (public sector banks) also need to factor in environmental, socioeconomic, and governance (ESG) issues while doing credit assessment and include climate risk as a part of risk assessment policy,» the person added. The country's largest bank, State Bank of India (SBI) has already started identifying climate risks that have the potential to generate substantive change in the business. Operational Synergies The three-year strategic roadmap (FY24-FY26) for PSBs also focuses on bringing greater synergy in operations.