During the Global Fintech Festival (GFF) 2024 in Mumbai, RBI Governor Shaktikanta Das highlighted India's rapid economic growth, driven by a burgeoning fintech ecosystem and a tech-savvy population. He outlined five key priorities: financial inclusion, enhancing Digital Public Infrastructure (DPI), strengthening cybersecurity, promoting long-term sustainable finance, and reinforcing financial infrastructure. Das underscored the pivotal role of fintech companies in bridging financial gaps and emphasized the need for a secure... Читать дальше...
Tata Steel on Wednesday said it has acquired about 178 crore additional equity shares of T Steel Holdings Pte Ltd for USD 280 million, taking the total fund infusion into its Singapore-based arm to USD 1,337 million.
The high court was hearing a clutch of public interest litigation (PIL) pleas seeking directions to authorities to declare the Jama Masjid a protected monument and remove all encroachments in and around it. It was also dealing with an application, filed on March 16, 2018 by one of the petitioners, Suhail Ahmed Khan, seeking production of the file of the Ministry of Culture relating to the Jama Masjid.
More than 4,000 children under the age of five have died at Chacha Nehru Bal Chikitsalaya in Delhi from 2019 to mid-2023, primarily due to illnesses such as sepsis and pneumonia, according to RTI data. The highest number of deaths occurred in 2019, while 2022 had the lowest. Hospital authorities did not respond to multiple inquiries.
Mumbai's first double-decker flyover connecting Metro Line 9 has been inaugurated by Chief Minister Eknath Shinde. The one-km flyover in Mira Bhayandar aims to ease traffic and reduce travel time. This modern infrastructure includes separate levels for metro and road transport, promising better traffic flow and commuter comfort.
Sebi's investigation revealed that Sharekhan's Authorised Persons (APs) conducted trades from unregistered locations. Furthermore, in one case, an AP's terminal was operated by an unauthorized individual.
PhonePe CEO Sameer Nigam said the 30% market share cap on Unified Payment Interface is a hurdle for its IPO plans. This and more in today’s ETtech Top 5.
Robert F. Kennedy Jr. has joined former President Donald Trump's transition team, despite years of criticizing Trump. Kennedy, who recently ended his independent presidential campaign, expressed hope that Trump will include him in his administration this time, marking a significant shift in their relationship.
A new study by the conservative Media Research Center (MRC) indicates that Vice President Kamala Harris has received mostly positive coverage from major news networks. The study reveals 84% of Harris's coverage was positive, contrasting with 89% negative coverage for former President Trump. Harris's campaign activities and enthusiastic voter support were highlighted in the reports.
Heavy rains caused a massive landslide on Varunavat Hill in Uttarkashi early Wednesday, burying many vehicles and prompting the evacuation of over a dozen families. There were no casualties, but the incident has raised concerns about the hill's stability despite past government efforts to address the issue.
Maharashtra Deputy Chief Minister Devendra Fadnavis has urged not to politicise the collapse of the Chhatrapati Shivaji Maharaj statue in Sindhudurg district. A thorough investigation is underway, and the Navy is involved in the probe. The statue, unveiled last year, collapsed on Monday afternoon. Fadnavis assured a new statue will be erected and dismissed corruption allegations from the opposition.
SBI has experienced remarkable growth in its net interest income, surging by an impressive 60% in just four years. It rose from under Rs 1 lakh crore in FY20 to Rs 1.60 lakh crore in FY24.
India has surpassed China and is now the second-largest global market for natural diamond jewellery after the US. De Beers and Tanishq announced a partnership to promote natural diamonds in India. With growing demand and low penetration, this initiative aims to boost consumer awareness and confidence in natural diamonds.
Tanishq and De Beers Group have entered into a long-term strategic collaboration to tap the growing Indian market for natural diamond jewellery. The partnership aims to combine Tanishq's market understanding with De Beers' diamond expertise, focusing on consumer outreach, staff development, and authenticity education to spur further growth in India.
With this, there are now two apps available in the public domain: BharatPe (earlier postpe), and BharatPe for Business.
US elections 2024: To run for U.S. President, candidates must be natural-born citizens, residents for 14 years, and at least 35 years old. Since 1789, these requirements have remained unchanged. However, Barack Obama’s 2008 election sparked state-level legislation to demand proof of eligibility, driven by concerns over his citizenship status. So, what is the criteria that makes one eligible for the most coveted position at the White House?
Foxconn chairman Young Liu said Taiwan can become India’s “most trusted and reliable partner” and that Foxconn is looking to position itself in that way. The company has dialled up investment in the country, as it looks to manufacture more than just iPhones and move up the value chain.
Popular narrative figure The horror film Pinocchio: Unstrung shows Pinocchio going through a terrible metamorphosis. Reimagining legendary characters in a terrifying way, the film promises strong practical effects as part of an expanding dark universe of twisted childhood tales.
Square Yards achieved Q1 FY25 revenue of Rs 261 crore (USD 31 million), marking a 52% YoY increase. This growth continues a 12-quarter trend, driven by a 51% rise in Gross Transaction Value. The company forecasts FY25 revenue of Rs 1,506 crore (USD 180 million).
As part of an investigation into claims of fraud, drug trafficking, and the encouragement of terrorism on the platform, the 39-year-old, Pavel Durov, is accused of failing to address crime on Telegram.
The SP Jain Group has acquired California Miramar University, enabling it to offer AI-related master’s and bachelor’s programs to global students. The acquisition gives the group access to AI courses and the US market. SP Jain now has six campuses, with plans to increase international student ratios and introduce programs like an MBA in AI and MS in AI.
AAP Punjab's farmers wing protested against BJP MP Kangana Ranaut’s remarks on the farmers' protest and demanded her expulsion from the party. The protesters accused her of spreading hatred and called for legal action. The police detained protesters near the BJP office. The Himachal Pradesh Assembly also condemned her comments.
In West Bengal, junior doctors have continued their 20-day ceasework to protest the alleged rape and murder of a colleague, ignoring Chief Minister Mamata Banerjee's appeal to return to duty. They demand justice for the deceased, the suspension of certain officials, and better security measures. A rally was held to press these demands.
