Social Financial News

YouTuber Armaan Malik’s wife Payal became the latest contestant to be evicted from 'Bigg Boss OTT 3'. Along with her husband and co-wife Kritika, Payal became subjected to harsh trolling. Many called out the trio for promoting polygamy. In a video that went viral, Payal was seen breaking down and admitting that she felt betrayed when her husband married her best friend. In an exclusive interview with India Today, Payal opened up about her marriage with the YouTuber, and her equation with the co-wife. The social media influencer admitted that she was devastated by the second marriage, but had managed to salvage the situation by deciding to co-operate with her bestie -turned co-wife Kritika. She also clarified that neither she nor her family had ever attempted to promote polygamous marriages.

As the age of AI dawns upon us, it has brought excitement and trepidation in equal measure. The trepidation was mostly around AI-generated deepfakes and how they could change voter minds, influence elections and thus subvert democracy. This was especially true in India, as almost a billion voters were electing a new government.

WWE world, John Cena, will soon bring the curtain down on his legendary WWE career. In a video posted on social media accounts of WWE, John Cena announced his retirement from the in-ring competition. He will bid farewell to WWE in 2025. The announcement that shocked many came during Cena's surprise appearance at WWE Money in the Bank in Toronto, Canada. «Tonight, I am officially announcing my retirement from the WWE,» he said in the clip.

Piramal Capital & Housing Finance raised its maiden dollar syndicated social loan of $100 million (₹835 crore). The entire loan is pre-funded by Standard Chartered Bank and the foreign lender is expected to syndicate the loan in the next few months. The loan has a three-year maturity, and it is benchmarked to the three-month secured overnight financing rate (SOFR) plus 200 basis points. The prevailing SOFR is 5.3%. «Through this loan, we are trying to tap the overseas market and since a large part of our financing gels well with the social theme, this loan is the first of many to come,» a Standard Chartered Bank official said on condition of anonymity. «All highly-rated NBFCs have to start looking at some amount of financing from the international markets and this route is expected to pick up pace. In fact, there is a lot of global investor appetite for ESG space.»

The German government has announced an agreement on its budget for 2025 and a stimulus package for Europe’s largest economy, easing a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalition

Maya Neelakantan from Chennai has captured the hearts of people worldwide after her spectacular audition on 'America's Got Talent,' goes viral for her unique blend of rock classics infused with Indian influences. She stunned the audience with her rendition of Papa Roach’s “Last Resort,” skillfully weaving Carnatic elements into the rock anthem. Clad in traditional attire—a Ghagra skirt and a dazzling bindi—she stood out among her fellow rock musicians during the audition. All four judges—Simon Cowell, Sofia Vergara, Heidi Klum, and Howie Mandel—were thoroughly impressed, giving Maya a standing ovation after her 100-second performance. Simon Cowell, known for his candid remarks, described Maya's transformation from a shy 10-year-old to a «rock goddess» on stage, reminiscing about his own guitar-learning journey.

Prime Minister Narendra Modi on Saturday spoke to newly elected British Prime Minister Keir Starmer as the two leaders agreed to work towards an early conclusion of a mutually beneficial India-UK free trade agreement, a statement said. Modi congratulated him on assuming charge and a remarkable victory of his Labour Party in the election. The statement said both the leaders recalled the historic relations between the India and the UK and reaffirmed their commitment to further deepen and advance the Comprehensive Strategic Partnership between the countries. Appreciating the positive contributions of the Indian community in the social, economic and political development of the UK, they agreed to continue to promote the close people-to-people ties.

Asia is the economic engine of the world. Population growth, urbanization and industrialization are on the rise. But the region also faces a stark reality: achieving sustained economic development with the least amount of carbon emissions requires a monumental shift in energy production and consumption.

“Given the recent election results fell short of expectations for the NDA, there might be a renewed focus on social expenditure, particularly in rural areas, to boost consumption, and drive economic activity,” says CA Arun Kumar Poddar, CEO & Executive Director, Choice International Ltd. In an interview with ETMarkets, Poddar said: “For the next six months, the trajectory of earnings for India Inc. appears promising, underpinned by recent trends indicating a robust performance in key sectors,” Edited excerpts: June has been a volatile month for the Indian market, but bulls managed to keep the momentum going and pushed benchmark indices to fresh record highs. What is fuelling optimism? Today (28th June, 2024) marked a historic milestone for our markets as we crossed the 79,000 threshold. Despite significant volatility to come in the first week of July, many market players anticipated this turbulence would create resistance to reaching new heights.

Our best friendships can withstand everything. Except, maybe, a surprise Venmo request.

Japanese bomb from the World War II era. The finding immediately drew a crowd, with speculation running high until confirmation came from officials at Gopiballavpur police station. Evacuation and Safety Measures Upon confirmation of the bomb's historical significance, a joint effort between local police and a specialized Air Force unit was swiftly mobilized to ensure safe disposal. The operation necessitated the evacuation of residents within a 1-kilometer radius, with extensive precautions taken, including the deployment of a substantial police force and the strategic placement of 5,000 sandbags to contain any potential hazards.

Cabinet Committee on Accommodation, Economic Affairs, Parliamentary Affairs, Political affairs, Security, Investment and Growth and Skill Employment and Livelihood. The Appointments Committee of the Cabinet includes Prime Minister Narendra Modi and Home Minister Amit Shah. The Committee on Accommodation features Shah, Minister of Road Transport and Highways Nitin Gadkari, Finance Minister Nirmala Sitharaman, Minister of Housing and Urban affairs Manohar Lal, and Minister of Commerce and Industry Piyush Goyal. The committee will have Minister of State (Independent Charge) of Ministry of Science and Technology Dr Jiterndra Singh as a special invitee.

INDIA bloc allies are working to consolidate gains by scoring impressively in the upcoming assembly polls in Maharashtra, Jharkhand and Haryana. Gauging that the electoral outcome in these three states headed for polls in September-October could have political implications even beyond them, Congress and its allies are working on strategies to get a head start besides firming up their internal unity. This even as opposition camps are expecting and preparing for the much-awaited elections in Jammu and Kashmir around the same time.

Leaders across Europe have reacted with relief mixed with concern to the result of the French legislative election

Meta has rolled out the Meta AI personal assistant across all its platforms — WhatsApp, Facebook and Instagram. It offers text and image generation capabilities, which will help users in increasing productivity and be more efficient besides aiding creative assistance. The Meta AI chatbot, which is powered by the latest Llama 3 model, was announced by company’s chief executive Mark Zuckerberg back in September 2023. Experts say that the Meta assistant may have a deeper reach than other personal AI assistants such as the Microsoft Copilot, OpenAI’s ChatGPT or Google’s Gemini, given its direct integration inside social media platforms. The tool may find a much wider reach, especially in India, the largest market for Meta, and includes 314.6 million users of Facebook, 350 million of Instagram as well as 480 million on WhatsApp.

California lawmakers have advanced a bill that would regulate powerful artificial intelligence systems

CMF Phone 1 will feature a 6.7-inch Full HD+ LTPS AMOLED display with a peak brightness of 2000 nits (800 nits in high brightness mode) and a variable refresh rate of up to 120Hz. The upcoming Nothing is likely to have an IP52 rating for splash and dust resistance and an in-display fingerprint sensor.The smartphone will be powered by the MediaTek Dimensity 7300 chipset with support for up to 8GB of RAM and up to 128GB of storage.

British voters are picking a new government in a parliamentary election Thursday that is widely expected to bring the opposition Labour Party to power

cyberattacks and malicious attempts to steal data has increased over the past five years, which has increasingly surged the risk of financial harm of not only individuals, but also governments and financial entities spread worldwide. According to cybersecurity reports, around 10 billion passwords belonging to various individuals, be it social media or email accounts, have been released on global forums. making it one of the biggest data breaches in the world till now. Such a large bunch of passwords being accessible to hackers and scammers means that the amount of targeted attacks on account users, be it social media or emails, will increase significantly, leading to a massive privacy scare globally.

TMC MP Mahua Moitra for her «derogatory» remark on NCW chief Rekha Sharma, the Delhi Police on Monday sought from social media company X details of the lawmaker's now-deleted comment. Moitra was booked under Section 79 of the Bharatiya Nyaya Sanhita that deals with a word, gesture or act intended to insult modesty of a woman. The Trinamool Congress (TMC) leader commented on a video posted on X that showed Sharma arriving at the site of a stampede in Uttar Pradesh's Hathras on July 4. Moitra later deleted the post, which referred to a man holding an umbrella and walking behind the National Commission for Women (NCW) chief. An official source said the Delhi Police had written to X and added a response from the social media company was still awaited.

Abdulaziz Almuzaini whose animated show on OTT platform Netflix has won laurels is now facing the prospects of a long prison term on the charges of terrorism. His animated series on Netflix is known for breaking social taboos related to the kingdom. However, an anti-terrorism court deemed certain tweets of his to be an act of terror and has now sentenced him to a prison term. This has raised concerns among various human rights groups who have called for his unconditional release. He had recently secured a contract from Netflix to work on his content which is popular across the world.