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₹3.5 trillion on Wednesday as FPIs sold shares to meet redemption pressures in developed markets spooked by Fitch Ratings’ downgrade of US credit ratings.Fitch downgraded the United States to AA from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt. Fitch was the second major agency to cut the country's rating. In 2011 Standard & Poor's stripped the country of its triple-A grade.The risk-off sentiment was reflected in the prices of safe-haven asset gold, which rose 1.6% during the day in the international marketThe top consumer lifestyle firm in India, Titan Company, announced a 19% increase in revenue for the first quarter of FY 2023–2024.

Indian Society of Advertisers (ISA) has launched the ISA Media Charter, a comprehensive programme aimed at protecting brand interests in the advertising sector by pushing fair and transparent practices. The ISA Media Charter has six key focus areas, including the ISA Model Media Agency Agreement, Zero Tolerance to Ad Fraud, Brand Safety, Viewability, the Common Minimum Standard for First-Party Data, and Cross-Screen Measurement.

Haryana including Nuh, Faridabad, and Palwal till August 5 as the situation remains tense after the communal clashes, the state government said on Wednesday. “In order to maintain peace and public order, mobile internet services in the jurisdictions of Nuh, Faridabad and Palwal districts & in the territorial jurisdiction of Sohna, Pataudi and Manesar sub-divisions of Gurugram district will remain suspended till August 5," the order read. “In order to stop the spread of misinformation and rumours through various social media platforms, such as WhatsApp, Facebook Twitter, etc.

Infosys cofounder and chairman Nandan Nilekani, who has spearheaded India's digital public infrastructure (DPI) revolution. India is moving from being an «offline, informal, low-productivity set of micro economies to a single online, formal, high-productivity, mega economy,» said Nilekani who was founder chairman of the Aadhaar project speaking at an event in New Delhi. «India's 'techade' is a different model of growth.

Digital Personal Data Protection bill, 2023, may give advisory powers to the Data Protection Board (DPB) to recommend to the Centre to either have content taken down, or intermediary access blocked in “public interest.” This is if the board notices two or more instances of rule breaches by a platform, official sources told ET. The bill’s latest version appears to have largely accommodated industry feedback, although the clause ensuring content takedown powers is an addition that has caught some experts by surprise. This may largely impact internet and social media platforms.

Haryana has formed a three member committee to scan recent social media posts in light of the Nuh clashes. Home Minister Anil Vij flagged the ‘important role’ played by such platforms in fuelling the recent communal clashes. Parts of the northern state will remain under an internet ban till August 5.

BENGALURU : KKR & Co. on Wednesday said it has agreed to buy a majority stake in logistics solutions company Leap India, a move that will deepen the US private equity firm’s presence in Asia’s infrastructure space. The transaction will also bolster KKR’s infrastructure bets in India that include investments in a decarbonization platform, renewable energy companies, and highways and power transmission businesses.

New Delhi: The union commerce and industry ministry is expected to come out with the e-commerce rules and policy in the next two week or post the ongoing parliament session, two people aware of the development said after the ‘final’ stakeholder consultation held with union minister Piyush Goyal on Wednesday. The much-awaited e-commerce policy is widely expected to have provisions for the Open Network for Digital Commerce (ONDC) that seeks to democratize e-commerce in India by enabling buyers and sellers to transact through a single platform.

NEW DELHI : In 2018, ZEE5, the video-streaming platform owned by Zee Entertainment Enterprises Ltd, released a crime thriller called Rangbaaz. The show, set in rural India of the 1990s, chronicled the real-life story of a small-town boy who turned into a dreaded gangster. It derived much of its appeal from the macho protagonist, with guns and sleek stunts, and a plot reeking of testosterone.

Shibie Coin is a trending new meme coin that blends Shiba Inu’s exciting unpredictability and upside potential with Barbie’s charm.

The bankrupt crypto exchange FTX’s new management has proposed to reboot the exchange for offshore customers only, but holders of the FTT token would not benefit from the plan.

Shibie Coin ($SHIBIE) is a new and captivating meme cryptocurrency looking to attract a loyal community of passionate and bold investors. The term ‘Shibie Coin’ originates from a playful combination of two iconic characters, the Shiba Inu dog and Barbie. 

Slack faced another round of issues, marking the second outage in a week. Users encountered problems with viewing images, and some even reported being unable to access the app altogether. This outage could prove disruptive for numerous workplaces relying on Slack to communicate with colleagues, especially as remote working continues to gain popularity. The technical difficulties occurred during the working day in both the UK and the US, according to a report. Just days ago, there was another major outage that affected users worldwide, preventing them from signing in or sending messages. In contrast to the previous outage, the current problems did not appear to affect all users universally; instead, they seemed more confined in scope. On Wednesday, Slack's official status page acknowledged the issue, stating that users might experience difficulties loading threads, admin pages, and images. The company said that it was actively investigating the matter, as per Independent report. The outage resulted in a considerable surge of users reporting issues, as shown on the tracking website Down Detector. However, it remained uncertain whether the problems were limited to specific platforms or regions. Slack boasts over 200,000 paid customers, including 77 of the Fortune 100 companies. Notable among its clientele are major US firms like Target, Uber, Expedia, and Airbnb. The app's widespread use among such significant enterprises underscores the impact of any service interruptions.

Damar Hamlin will expand his efforts to promote charitable giving by supporting a company that allows donors to give to nonprofits immediately, while actually paying later

Amazon-owned Twitch said Wednesday it's expanding the ban on livestreams of gambling content on the platform

Rampant bots on Twitter helped to pump up the price of cryptocurrency, including coins traded by insiders at FTX hedge fund Alameda Research before its collapse, according to a new study from the Network Contagion Research Institute published Wednesday.

GitHub Copilot X is an advanced version of GitHub's AI pair programmer, designed to integrate into every part of a developer's workflow. The platform is a vision for the future of AI-powered software development, featuring chat and terminal interfaces, support for pull requests, and early adoption of OpenAI’s GPT-4.

NEW DELHI : The Goods and Services Tax (GST) Council, in a divided decision, decided to amend central and state laws from 1 October to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos, and horse races. However, redeployed winnings will be excluded from the indirect taxation. The new regime will be reviewed after six months of implementation, finance minister Nirmala Sitharaman said.

MUMBAI : India’s top publicly traded companies saw a 70% surge in sexual harassment complaints during FY23 from the previous year, a Mint analysis of data from their annual reports showed. While the rise in cases highlights a worrying trend, it also suggests increased awareness about sexual harassment and the availability of platforms to report complaints.

Ankle Monitor," designed to track children. The device is said to have an app that enables parents to monitor the whereabouts and activities of their kids. The video's widespread circulation on various social media platforms has sparked diverse reactions from viewers. But is it real? It is pertinent to mention that an ankle monitor, also known as an electronic monitoring device, is used for tracking the location and movements of individuals. It is typically worn around the ankle and is equipped with GPS technology or radio frequency signals. Ankle monitors are commonly used in the criminal justice system as an alternative to incarceration for non-violent offenders, pre-trial detainees, or individuals on parole or probation. The device allows authorities to monitor the person's whereabouts and ensure they comply with court-ordered restrictions, such as staying within designated areas or adhering to curfew conditions. It is an effective tool for supervision and helps reduce overcrowding in prisons while providing an opportunity for rehabilitation and reintegration into society.

₹200 crore in project outlay for Fly91. Its early investors include Rajeev Chitrabhanu, founder of advisory-led investment platform Magnetic. “Coming out of covid, I was the first person to believe in the potential of regional aviation, with the Udaan scheme and committed capital as an investor and advisor.