Security Financial News

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

market regulator intends to expand the scope of its sustainable finance framework to include more products, a potential boost to ESG-labeled instruments in Asia. The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds, to the current suite of environmental, social and governance debt. Plans also include adding eligible asset-backed securities and a requirement for independent external reviews of all ESG debt, according to a consultation paper released Friday.

₹40,000 segment. Although the V40 features a less powerful processor compared to its rivals at this price range, it compensates with ZEISS-supported optics, an IP68 rating, and a substantial 5,500 mAh battery, all within a sleek design.Vivo V40 boasts a 6.78-inch 1.5K AMOLED display with a peak brightness of 4500 nits, a 120Hz refresh rate, and a 480Hz touch sampling rate.

My feed of Instagram reels and YouTube shorts is full of videos featuring financial influencers(finfluencer) telling the world at large that it is easy make quick money from the stock market. Recently, I came across a video in which a 13-year old claimed to be the world’s youngest successful options trader on an influencer’s YouTube channel, saying that she earned “36-40%" annually from options trading.

BEIJING — The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.

foreign direct investment (FDI) limit in the insurance sector from 74% to 100%, ToI reported on August 19. This initiative has the support of the Insurance Regulatory and Development Authority of India (Irdai), but it will require political approval since amending the Insurance Act is necessary, said the report (by Sidhartha). The proposal aims to open up the sector further to foreign investors, as the current cap is seen as restrictive. Additionally, there are discussions around easing other FDI regulations, including the requirement that certain top management positions must be held by Indians. Officials, who are part of these conversations, revealed that a comprehensive set of amendments to the law is also in the works, although the timing for the bill's introduction is not yet decided. The Department for Promotion of Industry and Internal Trade is also reviewing sectoral norms to encourage more unbridled investments. «Given that most large Indian companies and conglomerates have already invested in the insurance sector, officials said, it is time to allow 100% FDI in the sector since several foreign players with deep pockets are willing to come into the country but are not able to find a matching domestic player.»

Tata Nifty200 Alpha 30 Index Fund are currently open for subscription, with another eight NFOs set to open later this week. These 10 funds span eight different categories: two index funds, sectoral funds, dividend yield, large & mid-cap, multi-asset allocation, multicap, ultra-short duration, and an ETF. Tata Nifty200 Alpha 30 Index Fund The Tata Nifty200 Alpha 30 Index Fund is an open-ended scheme that tracks the Nifty200 Alpha 30 Index (TRI). The NFO for this scheme is open for subscription and will close on September 2.

board of AIA Engineering has approved a share buyback of Rs 500 crore at Rs 5,000 per share, a premium of nearly 10% over Friday’s closing price of Rs 4,553. August 20 has been set as the record date. “We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., August 07, 2024, have, inter alia, approved the Buy-back of up to 10,00,000 (Ten Lakhs Only) fully paid-up Equity Shares of face value of ~ 2/- each by the Company (representing 1.06% of the total number of Equity Shares of the Company) at a price of ~ 5,000/- (Rupees Five Thousand) per Equity Share payable in cash for a total consideration not exceeding ~. 500,00,00,000/- (Rupees Five Hundred Crores only),” said the company in its filing to the exchanges.

Also read | Mint Explainer: Hindenburg's latest salvo against the Sebi chief While the Nifty futures contract expiring on 29 August rose 0.75% to 24,585.5 in the week through 16 August, the AEL contract expiring on the same date fell 2.7% to ₹3,119.35 a share during the period. Adani Ports’ contract slipped 2.8% to ₹1,497.35.

Aviral Bhatnagar, who earlier led enterprise software and artificial intelligence investments for Venture Highway (now merged with US-based General Catalyst), has launched a Rs 100 crore fund to back early-stage Indian startups. The fund, launched by the new venture capital (VC) firm AJVC, will focus purely on pre-seed stage investments while being sector agnostic, he told ET. The development comes at a time when several new domestic funds and micro venture capital (VC) firms have come up in India. These investors back startups at a very early stage and write smaller cheques than established VC firms. The emergence of the micro VC funds, which are usually smaller and are single partner focused, have added to the diversity of risk capital investing in Indian startups. Other established micro VC firms include Vaibhav Domkundwar's Better Capital, deeptech-focused firm Java Capital, Delhi-based Sauce VC, which makes consumer sector investments, and $25 million enterprise software-focused Neon Fund.

Blockchain technology is gradually transforming real estate across the world by introducing transparency, security, and efficiency in property transactions. While still in its early stages, its application in land records management and property financing is gaining momentum, driven by the potential to reduce fraud and streamline processes. However, the adoption of blockchain in India faces challenges such as regulatory uncertainty and the slow pace of digitisation. As these hurdles are addressed, blockchain is expected to significantly impact how real estate is bought, sold, and managed across the country. What is blockchain and how does it work in real estate?

rape and murder of a postgraduate trainee doctor at the RG Kar Medical College and Hospital in Kolkata. RG Kar junior doctors also took out a procession from College Square to RG Kar Hospital. The protesters were shouting «we want justice» slogan. The public outcry brought back the memories of protests against the Nandigram firing and land movement, which catapulted Mamata Banerjee to power in 2011. West Bengal film personalities participated in a rally from Khanna to Shyambazar five-point crossing. Kolkata Police has imposed prohibitory orders in and around RG Kar hospital till August 24. The Durand Cup match between Mohun Bagan Super Giant and Emami East Bengal FC at Salt Lake Stadium was cancelled due to security concerns, the police said.

Kuwait City: External Affairs Minister S Jaishankar Sunday met Kuwait's top leadership and discussed ways to take the bilateral ties to a higher level and also exchanged views on the geopolitical developments in the region. Jaishankar, who arrived here on Sunday on a day-long visit, called on Crown Prince Sheikh Sabah Al-Khaled Al-Sabah and sought his insights on taking the bilateral ties to a higher level. «Honoured to call on His Highness Sheikh Sabah Al-Khaled Al-Sabah Al-Hamad Al-Mubarak Al-Sabah, the Crown Prince of the State of Kuwait. Conveyed the greetings of the President and Prime Minister,» Jaishankar said in a post on X. "India and Kuwait share centuries-old bonds of goodwill and friendship. Our contemporary partnership is expanding steadily. Thank him for his guidance and insights on taking our ties to a higher level," he added.

Super Blue Moon is taking place on Monday night in the US. The extraterrestrial phenomenon will not happen in near future. The full moon, blue moon, supermoon will have impact on the horoscope. The week will offer perfect time set things in right manner, and bring back a sense of order and discipline. We have zodiac wise horoscope predictions for the week that begins on Monday, August 18.

Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI), is facing allegations of a conflict of interest. Documents reviewed by Reuters show that Buch continued to earn revenue from Agora Advisory Pvt Ltd, a consultancy firm where she holds a 99% stake, during her tenure at SEBI. This situation raises questions about potential violations of SEBI’s 2008 policy, which prohibits officials from holding other professional positions that could lead to a conflict of interest.

Supporters of arch-rivals East Bengal and Mohun Bagan gathered near the Salt Lake stadium in Kolkata on Sunday evening in an unprecedented show of camaraderie to protest the alleged rape and murder of a doctor at RG Kar Medical College and Hospital. The supporters gathered outside the stadium even as a Durand Cup match between the two major Indian football clubs was cancelled amid concerns over the law and order situation. In a rare sight, supporters of the two clubs held each other's flags and raised slogans demanding justice for the victim's family, with a huge contingent of the police keeping a vigil on the situation. Supporters of the Mohammedan SC, another major football club, also joined the protests a while later. Actor Usashi Chakraborty and theatre personality Sourav Palodhi were among the protesters wearing the jerseys of the clubs they support.

Indian businesses need to align cyber security budgets with their growth objectives to ensure sustainable expansion in the face of increasing digitalisation and associated risks, a top official of Kaspersky has said. The emergence of new-age technologies, including artificial intelligence and GenAI, is critical for companies to boost their businesses. «In order to grow businesses, you need to digitise. If you don't digitise, you are not going to have that business growth value,» Adrian Hia, Managing Director for the APAC region at Kaspersky, told PTI. At the same time, the digitalisation of businesses increases the attack surface area, opening avenues for risks like sophisticated cyberattacks.

Health services at the state-run Goa Medical College and Hospital remained affected for the third consecutive day on Sunday, with resident doctors resolving against withdrawing the indefinite strike, which began Friday, till the Calcutta High Court delivers verdict in the rape-murder case. Earlier in the day, private medical practitioners who observed a 24-hour strike called off their protest at 6 AM, said Indian Medical Association's Goa unit president Sandesh Chodankar. Healthcare services at the Goa Medical College and Hospital, one of the oldest medical colleges, remained crippled for the third consecutive day due to the strike by senior and junior resident doctors under the aegis of the Goa Association of Resident Doctors (GARD). Doctors demonstrated outside GMCH Complex in Bambolim demanding justice for the junior trainee doctor who was allegedly raped and murdered at RG Kar Medical College and Hospital in Kolkata on August 9, triggering nationwide outrage.

Josh Hazlewood, Australia's premium fast bowler, acknowledged that Australia's recent results against India have been a significant gap in their record. The first Test of the series between Australia and India will be played at the Optus Stadium, Perth from November 22. «There are quite a few players who have never beaten India in a Test series. It's quite astounding to say that,» Hazlewood was quoted by ESPNcricinfo.

Prithviraj Chavan has demanded that the cut off time to register for the Maharashtra government's Mukhyamantri Majhi Ladki Bahin Yojana be waived off to enable all eligible women to avail financial assistance. The August 31 cut off date should be scrapped and the scheme should be implemented as a social security right, Chavan said in a letter to Chief Minister Eknath Shinde. Due to technical glitches, the server of the official portal is non functional most of the time, while in several instances women do not get the registration OTP for nearly six hours, he said. Women are worried they will not be able to register themselves for the scheme in time, Chavan said in the letter.