Platform Financial News

₹1,950.00 apiece on the BSE. The uptrend in the MCX shares comes amid a CNBC-TV18 news report that said the commodity exchange will go live with the new platform serviced by Tata Consultancy Services (TCS) from October 1.

₹625 crore. This fund will also be allocated to cybersecurity projects and be used by the cyber security response team: the Indian Computer Emergency Response Team (CERT-In). The sum allocated signals India's commitment to building a robust cybersecurity infrastructure.

some of the smartest minds out there are advising caution, does this person/platform know something which no one else does? It’s possible. But unlikely. I believe moments of greed like this one can help you lay a foundation for creating an ecosystem which can help you succeed as an investor.

SINGAPORE—As TikTok pushes to expand its e-commerce business globally, the viral short-video app is turning to a group of sellers for help: Chinese merchants. TikTok is hoping such vendors will expand its online retail offerings. However, the app’s background as a haven for catchy dances and lip syncs has confounded even experienced sellers, more accustomed to retailing on traditional shopping platforms such as Amazon.com.

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Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.

Himanshu Chakrawarti, CEO, Snapdeal. The growth in online shopping would be primarily driven by middle-class individuals who prioritise affordability in their purchasing decisions, he says. In an interaction with ET Digital, Chakrawarti talks about how Snapdeal is supporting micro, small, and medium enterprises (MSMEs) in India by acting as a bridge between MSME sellers and value-conscious consumers, enabling small businesses to reach a larger customer base and expand their businesses.

₹2,116 crore. The offer price of ₹235 per share represents a premium of 21.91% over the stock's closing price on September 23.

Digikore Studios IPO: Digikore Studios Limited, specializes in delivering Visual Effects (VFX), has announced its plans to go public with an Initial Public Offering (IPO) on 25th September, 2023. The public issue will remain open till 27th September 2023. The company is aiming to raise ₹30.48 crore on upper band price through this IPO, with shares set to be listed on the NSE EMERGE platform.

State Bank of India: The country's largest lender raised a whopping ₹10,000 crore through an infrastructure bond issue on Friday, with bids exceeding the initial target by over five times. The bonds, which will carry a coupon rate of 7.49%, will be used to fund infrastructure projects and affordable housing. This is the fourth infra bond issue by SBI, underscoring the growing demand for such instruments from investors.

Bloomberg Barclays Emerging Markets bond index to advance a scheduled review to early October so that a decision on India, now featuring on the competing JP Morgan gauge, can be brought forward by a quarter to give bulge-bracket investors tracking the benchmark an option to incrementally buy about $25 billion of bonds issued by one of the least indebted major economies. A couple of large US-based firms are at the forefront of the group of investors that made the review rescheduling demand as JP Morgan's decision last week threatens to reduce competitiveness of the Bloomberg Barclays Global Aggregate index, sources aware of the development told ET. Furthermore, these investors haven't even linked the potential inclusion to trade settlement on an international platform, reflecting India's increasing relevance for global indices that must recast themselves to reflect exclusion of Russia and tepid growth in China.Tax Talks «The investors have communicated to Bloomberg Barclays that they do not have a problem with the domestic delivery and payment system of settlement and that the Euroclear settlement is not a hurdle either,» a source said. Usually, managers of the Bloomberg Barclays index review the constituents and weights in the first quarter of a calendar year. Typically, overseas investments into instruments featuring on the gauge begin around nine months after the index inclusion is announced.AUM Nearly Equals GDP If included, India could be given a 0.8% weightage in the Bloomberg Barclays EM index, which has assets under management (AUM) of around $3 trillion.

His search led him to his pride and joy, the 1,500 sq ft, twobedroom Villa de Ahaa! in Assagao. A private retreat far from the city has usually been the preserve of the uber rich. Not anymore.

The world of stockbroking could see a new leader soon.Financial services startup Groww is set to overtake India’s largest stockbroking company, Zerodha, this month in terms of the number of active investors on the platform, according to three people in the know.As of August, Groww had 6.2 million active investors compared with 6.3 million for Zerodha.Groww added almost a quarter million new active users in August, one of the people said.

Circle Squared Alternative Investments founder Jeff Sica says Taylor Swift's treatment of her employees has raised the bar for CEOs on «Varney & Co.»

The government’s suite of media reforms are a “feeding frenzy” that will hit Foxtel hard while protecting the interests of free-to-air networks says Patrick Delany, the boss of the News Corp-controlled pay television business.

S Jaishankar said. Jaishankar was speaking in US at a think tank event titled 'South Rising: Partnerships, Institutions and Ideas'. «Those who are occupying positions of influence, we see this in the UN Security Council most of all, are resisting the pressure to change. Those who are economically dominant today are leveraging their production capabilities and those who have institutional influence or historical influence have actually weaponised a lot of those capabilities as well,» he said. In another event, 'India-UN for Global South: Delivering for Development' in New York on Saturday, Jaishankar said India does «walk the talk» when it comes to South-South cooperation.

G20 Independent Expert Group on strengthening multilateral development banks (MDBs) will next month come out with a roadmap and a detailned plan to reform these institutions including the World Bank and Asia Development Bank. The details include proposals that would enable MDBs to harness private capital apart from stepping up their financial capacity, the group's co-chair NK Singh said. «We are going into greater granularity on how you really achieve this private capital--- what incentive, risk mitigation can you do,» Singh, who is also chairman of the Fifteenth Finance Commission, told ET in an interview. The report would dwell on an efficient operating model for the MDBs that would be appropriate to meet emergent challenges and develop the ability to harness innovative capital — hybrid and blended — and coordination among them. It would also consider cohesion and symmetry of purpose that can «come within the MDB family to improve the overall capability and reach», Singh said. The group, co-chaired by Singh and former US Treasury secretary Larry Summers, had submitted the first volume of its report at the G20 finance ministers and central bank governors meeting in July. The recommendations figured in the New Delhi G20 Leaders' Declaration. The report put private capital requirement of MDBs at $500 billion. Singh said the roadmap specified in the second part of the report will also detail the sequencing of the reforms. "...the low-hanging fruit, in my view, is clearly the optimisation of the balance sheet," Singh said, adding that other issues including getting more out of the existing equity itself, recalibrating risk appetite, and creative use of guarantees would be in focus. MDBs' record in being able to get only 0.6

NEW DELHI : India is home to the second-largest developer base for GitHub, the world’s largest platform for storing, hosting and sharing code. Data shared exclusively with Mint by GitHub revealed India to have over 11.4 million individual developers on the platform, while over 440,000 Indian companies also host and share their code through the platform. All this contributed to nearly 30 million code repositories on GitHub by Indian users.

Elon Musk formally purchased Twitter for an eye-watering $44 billion. Since then, he has removed the old guard, changed the name of the corporation to X Corp, relaxed certain content moderation rules to ostensibly make it a more equitably vocal public square, and introduced a premium membership called X Blue for about $8 a month that enables subscribers to write longer posts and garner greater visibility. It is uncertain if Musk made those decisions in haste.

In the rapidly evolving world of blockchain and decentralized applications, Agoric stands out as a beacon for developers looking to transition from Web2 to Web3. But what exactly is Agoric, and why is it making waves in the developer community? In this exclusive interview with Diego Lizarazo, Director of Developer Relations at Agoric, we delve deep into the heart of Agoric, its newly launched components library, and the vast opportunities that await Web2 developers in the Web3 realm.

artificial intelligence (AI) and machine learning — posers on what kind of skills we should arm ourselves with.Coursera — one of the online platforms that provide learning modules across business, technology and analytics domains for working professionals across countries, domains and age groups — recently shared its analysis of learner interest and trends from India. What stood out from this data was that its Indian learners were more likely to be developing AI-related skills than learners in many other countries, over-indexing on learning about artificial neural networks (1.15x), applied machine learning (1.2x), and machine learning algorithms (1.2x). Over-indexing, in this context, refers to a higher percentage of people choosing the courses compared with the benchmark. The other areas that saw high indexing among Indian learners — beyond AI/machine learning — included data visualisation software, blockchain, supply chain systems, software architecture, investment management, people analysis, C programming, distributed computing, algorithms and data structures.