Social Financial News

Gautam Gambhir has been appointed as the new Head Coach of the Indian Cricket Team, according to a statement by BCCI Secretary Jay Shah on social media platform X. Shah expressed confidence in Gambhir's ability to lead Team India forward, citing his deep understanding of modern cricket dynamics and his successful career across various roles. Following the announcement, Gautam Gambhir also posted on social media, «India is my identity and serving my country has been the greatest privilege of my life. I’m honoured to be back, albeit wearing a different hat. But my goal is the same as it has always been, to make every Indian proud. The men in blue shoulder the dreams of 1.4 billion Indians and I will do everything in my power to make these dreams come true!»

India has a glorious past. At one point in time it contributed more than 25% to the world’s GDP and controlled about 28% of global trade and commerce. Being an economic power for several centuries, India played a leadership role in all fields- whether it is art, culture, music, dance, food, festivals, architecture or handicrafts.

Ola CEO Bhavish Aggarwal voiced his support for a 70-hour work week, echoing sentiments put forth earlier by Infosys co-founder Narayana Murthy. Aggarwal, in a podcast appearance, emphasized his belief that such intensive work hours are essential for fostering national economic growth, despite facing criticism on social media. «When Mr. Murthy said that (70-hour work week), I was publicly in support of that and I got trolled on social media for that. But, I don’t care because I have a strong belief that one generation will have to do tapasya… so that we can build the number 1 country in the world, the largest economy,» Aggarwal remarked. Aggarwal also dismissed the concept of work-life balance, asserting, «I don’t agree with the work-life balance concept because if you are enjoying your work, you will find happiness in life also and work also, and both of them will be in harmony.»

food lovers and night owls, Zomato has finally rolled out its much-anticipated «Delete Order» feature. This update, which allows users to erase individual orders from their history, addresses pressing privacy concerns and might even rescue relationships strained by those guilty late-night binges. Deepinder Goyal, the CEO of Zomato, made the exciting announcement on social media platform X (formerly known as Twitter) this past Friday. «For Karan and many others — you can now delete orders from your order history on Zomato. Use it responsibly,» Goyal quipped, giving a nod to the customer whose cheeky request set this whole thing in motion.

Anant Ambani and Radhika Merchant sparked a wave of congratulations across the globe. Among the first to join in the celebration was Amul India, which paid a sweet tribute to the newlyweds on social media. The charming post featured a delightful cartoon of the couple sharing slices of bread slathered with Amul butter, aptly dubbing it the 'Ambyaahni wedding' and wishing them a lifetime of happiness with a heartfelt «Jug Jug Jio.» The grand nuptials of Anant Ambani and Radhika Merchant have captivated the world, with digital snapshots flooding social media and Bollywood's elite joining in the revelry. The couple exchanged vows in a ceremony that was nothing short of spectacular, marking the occasion with a series of glittering events that drew the eyes of international stars and Indian luminaries alike.

That is the future being dreamed about by supporters of Vice President Kamala Harris, drawn from a meme referring to one of Harris' favorite expressions: «what can be, unburdened by what has been.» Harris has been criticized throughout her three-plus years in office, with articles examining her management of the border crisis and her struggle to define her tenure in the often-thankless role of vice president. She has proved unpopular enough among voters that she has often not been immediately thought of as President Joe Biden's obvious successor, with Democratic stalwarts often naming governors like Gretchen Whitmer of Michigan and Gavin Newsom of California as more appealing choices.

India is one of the most active countries for Threads, which has notched over 175 million monthly active users globally, according to social media giant Meta. The update assumes significance as it marks the completion of nearly one year since Meta officially launched rival to Twitter (now X). «With a 175 million actives, we're seeing Threads become a place where people feel comfortable sharing their thoughts and ideas. India is one of the most active countries for Threads globally,» Meta said in a release.

BEIJING — China's yearslong effort to develop robotaxis is starting to gain traction with consumers — but it's also rattling taxi drivers worried about losing their jobs as a result of increasing competition.

Koo’s collapse underlines the fact that social media platforms are “natural" monopolies because of network effects. In this sense, they are like utilities. Power and gas utilities are natural monopolies.

RBI. To achieve India’s ambitious growth objectives and fulfil India’s Nationally Determined Contributions, green finance is imperative. Climate risk disclosure frameworks work in complement with policymaking to support India’s net-zero target and are also pivotal in guiding companies and investors to navigate the opportunities and risks posed by climate change. The introduction of the disclosure framework is a laudable first step, signalling a concerted effort towards addressing climate risks and fostering climate action within the financial sector. These disclosures are poised to accelerate the evolution of Environmental, Social, and Governance (ESG) considerations in financial markets. Modelled on global standards like the Task Force on Climate-related Financial Disclosures (TCFD), they promise interoperability of data (especially relevant for companies operating globally) and reduce operational burdens for banks. Moreover, they foster a level playing field not only for comparison within the domestic financial system but also internationally.

Gujarat's Bharuch district, an official said on Saturday. Videos of a massive queue, marked by pushing and shoving as aspirants tried to get a toehold on a ramp leading to the entrance of a hotel where the interviews were being held, had gone viral on Thursday on social media. On July 2, the company at Jhagadia conducted a recruitment drive at a hotel in Ankleshwar in the district where hundreds of aspirants turned up for 40 vacancies, District Employment Officer Sanjay Gohil said. «After the video went viral, we learnt about the incident and talked to the plant manager and HR managers of the company and carried out an inspection of the plant on July 12,» he said.

Owning crypto may be linked to “dark” personality traits like narcissism, Machiavellianism, psychopathy, and sadism, according to a recent study by academics.

European Union regulators have accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them

The European Union says blue checkmarks from Elon Musk’s X are deceptive and that the online platform falls short on transparency and accountability requirements

Jaishankar on Wednesday met UN chief Antonio Guterres and discussed global hotspots and their larger implications apart from the reform of the UNSC. Jaishankar, who is here to represent India at the annual summit of the Shanghai Cooperation Organisation and carrying out various bilateral meetings on the sidelines, also met his Belarusian and Tajikistan counterparts Maksim Ryzhenkov and Sirojiddin Muhriddin respectively. «Always a pleasure to meet UNSG @antonioguterres. Appreciate his insights on the state of the world. Discussed global hotspots and their larger implications,» Jaishankar posted on the social media platform X. He further said that he spoke about the reform of the United Nations Security Council (UNSC), preparations for the upcoming 'Summit of the Future' in September, and future prospects for meaningful India-UN partnership.

Social media intermediaries have pointed to undoing behavioural tracking of children, verifiable parental consent (VPC) and targeted advertisements as the biggest concerns with the data law. The Rules for the Digital Personal Data Protection (DPDP) Act, which will provide teeth for enforcement of the law, are expected soon, and companies are hoping the government will address their concerns.

The report, based on insights from Farmley, highlights that younger Indians, particularly Millennials and Gen Z, are balancing bold flavors with healthy options. The data reveals a trend towards fiery Peri Peri flavours among 44 percent of younger Indians, while older generations prefer classic black pepper. Surprisingly, the Achaari flavour, despite being tailored for Indian tastes, has not gained significant traction across all age groups. The love for chocolate remains strong across all generations, with 65 percent of Gen Z, 63 percent of Millennials, 46 percent of Gen X, and 40 percent of Boomers identifying it as their preferred sweet treat. Mango follows closely, favored by 50 percent of Millennials, 41 percent of Gen X, 40 percent of Gen Z, and 30 percent of Boomers. Vanilla also holds a cherished spot as a dessert favorite, with 42 percent of Millennials, 38 percent of Gen Z, 35 percent of Gen X, and 31 percent of Boomers appreciating its comforting sweetness.

The excitement surrounding meme coins on the Solana blockchain continues to surge, with Pandiana ($PNDA) emerging as a new project to keep an eye on.

Mint had reached out to Buch on the sidelines of an event seeking clarification on how the regulator will identify an investment educator from an influencer. The Sebi move aimed to ensure market integrity by entrusting regulated entities to ensure that people associated with them do not indulge in prohibited activities.

Leading cryptocurrency exchange Coinbase faced increased impersonation scams last week, targeting at least four users. Crypto thieves used social engineering and impersonation tactics to deceive victims into revealing sensitive financial information. One victim lost over $1M in cryptocurrency to the scammers.

Meme trader Keith Gill, popularly known for his role in the GameStop trading frenzy, has disclosed owning a 6.6% stake in Chewy, according to a recent filing with the United States Securities and Exchange Commission (SEC).