The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.

November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.

　　Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

　　Former Citibank Analyst's Unfair Dismissal Claim Rejected 　　Employee Lied About Food Expenses　　A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer. 　　Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....

* August producer prices slightly above estimates * Moderna ( MRNA ) tumbles after dour FY25 revenue forecast * Indexes up: Dow 0.40%, S&P 500 up 0.70%, Nasdaq up 1.04% By Sinéad Carew and Shashwat Chauhan Sept 12 (Reuters) - Wall Street's main indexes rose on Thursday after higher-than-expected producer prices data reinforced expectations for a 25-basis point rate cut...

03:25 PM EDT, 09/12/2024 (MT Newswires) -- Financial stocks edged up in late Thursday afternoon trading with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) added 0.1%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.1%. Bitcoin (BTC-USD) increased 1.5% to $58,428, and the yield...

(Updates at 1500 ET) By Davide Barbuscia NEW YORK, Sept 12 (Reuters) - U.S. Treasury yields rose on Thursday as economic data did not upend expectations the Federal Reserve will begin a gradual decrease in interest rates next week, and as the European Central Bank cut rates but gave little clarity on future easing. U.S. producer prices increased slightly more...

03:58 PM EDT, 09/12/2024 (MT Newswires) -- Tech stocks were mixed in late Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.8%. The Philadelphia Semiconductor index was down 0.4%. In corporate news, Micron Technology ( MU ) shares were sliding 4% after BNP Paribas Exane downgraded its...

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

Sept 29 (Reuters) - Alphabet-owned YouTube has agreed to pay $24.5 million to settle a lawsuit that U.S. President Donald Trump brought against the company over the suspension of his account following the January 2021 U.S. Capitol riots, a court filing showed on Monday. Trump filed lawsuits against Twitter, now known as X, and Facebook owner Meta , as well...

(Reuters) -California Governor Gavin Newsom signed a state law on Monday that would require ChatGPT developer OpenAI and other big players to disclose their approach to mitigating potential catastrophic risk from their cutting-edge AI models. California is the home to top AI players including OpenAi Alphabet's Google, Meta Platforms ( META ), Nvidia ( NVDA ) and Anthropic and with...

Sept 29 (Reuters) - California Governor Gavin Newsom signed a state law on Monday that would require ChatGPT developer OpenAI and other big players to disclose their approach to mitigating potential catastrophic risk from their cutting-edge AI models. California is the home to top AI players including OpenAi Alphabet's Google, Meta Platforms ( META ), Nvidia ( NVDA ) and...

05:26 PM EDT, 09/29/2025 (MT Newswires) -- Ambac Financial Group ( AMBC ) said late Monday it completed the $420 million cash sale of its legacy financial guarantee businesses, Ambac Assurance and Ambac Assurance UK, to funds managed by Oaktree Capital Management. The deal followed approval earlier in the day from the Wisconsin Office of the Commissioner of Insurance for...

Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...

Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoins...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...

TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...