129Knots Founded by Indian-Origin Entrepreneurs Launches First of its Kind OTD Technology with USD 10M Investment and USD 500M Deal in Pipeline
New Delhi, Delhi, India: Global fintech venture 129Knots, founded by Indian-origin leaders, has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology.
OpenAI to face digital news firms of Mukesh Ambani, Gautam Adani in copyright battle
News agency ANI filed a lawsuit against OpenAI in 2024. File | Photo Credit: Reuters Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets such as TheIndian Express and the Hindustan Times, have mounted a legal challenge against OpenAI’s improper use of copyright content, legal papers
Government invites application for SEBI chief post
Madhabi Puri Buch, Chairperson of Securities and Exchange Board of India (SEBI). File | Photo Credit: Reuters The Government on Monday (January 27, 2025) invited applications for the post of Chairman of the Securities and Exchange Board of India (SEBI). The current SEBI chairperson Madhabi Puri Buch’s three-year term ends
Saudi Sports for All Federation to Launch International Sporting Events in February 2025, Uniting SFA Expo and Riyadh Marathon
Riyadh, Saudi Arabia: The Saudi Sports for All Federation (SFA) has announced a new initiative taking place from February 5-8, 2025, combining two major events: the SFA Expo and Riyadh Marathon. This initiative aligns with SFA’s mission to inspire healthier lifestyles and foster community engagement
Uniform Civil Code in force in Uttarakhand today | Impact on marriage, divorce , succession, polygamy and ‘halala’
The Uniform Civil Code will be implemented in Uttarakhand today, January 27, 2025, ensconcing it as the first state in independent India to implement the law, despite opposition from some political parties and religious groups. All preparations have been completed to implement the UCC, including getting approval of the rules
Should you link your credit card to UPI?
Linking your credit card to UPI can enhance transaction convenience and help you maximize rewards and benefits, if used wisely. | Photo Credit: Getty Images Since the integration of Rupay Credit Cards with UPI, a number of credit card issuers have launched Rupay variants of their popular cards, with some
An annual mutual fund ritual
Previously, in this column, we discussed the cost of switching from a regular plan to a direct plan for your mutual fund (MF) investments. To complete the discussion, we look at the growth and income distribution cum capital withdrawal (IDCW) options offered by fund houses. Reinvesting cashflows The IDCW option
Why do Indian consumers ignore term insurance?
In this world, nothing can be said to be certain, except death and taxes. Benjamin Franklin expressed the realities of life several centuries ago. Despite its inevitability, often we see untimely death leading to a family facing severe financial consequences. Term insurance is the purest form of insurance, where for
Trump says EU ‘in for tariffs’, warns of 10% rate on China
U.S. President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10% duty on Chinese imports could also come as soon as February 1. Mr. Trump, who was speaking to reporters at the White House a day after being sworn in, cited the need to
As Trump takes aim at EVs, how far will rollback go?
As part of his flurry of first-day actions, U.S. President Donald Trump took aim at electric vehicles, a cornerstone of the Biden administration’s climate change agenda. Mr. Trump’s executive order on “Unleashing American Energy” on Monday included steps to ensure a “level” playing field for gasoline-powered motors and halt federal