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Bloomberg Quint

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Private Sector Banks Hold Dominance Over Credit Cards; Debit Cards Find Forte Within Public Banks

  • Private sector banks hold dominance over credit cards, while debit cards find forte within public banks.
  • As of November, public sector banks are the largest issuers of debit cards, while private banks lead in issuing credit cards.
  • HDFC Bank holds the largest market share in credit cards, followed by State Bank of India. ICICI Bank is the second biggest in terms of card holding.
  • Debit cards continue to be a crucial payment tool, with public sector banks leading the market share in terms of number of debit cards.

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Entrepreneurshiplife

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How to Stay on the Public’s Good Side as an Entrepreneur

  • Entrepreneurs can avoid turning the public against them by producing safe products, avoiding notoriously predatory industries and charging fair prices, according to Entrepreneurship Life.
  • The consequences of not taking such care can be seen in the recent killing of United Healthcare CEO William McGuire's who was attacked by an angry customer of the firm.
  • Some individuals may react with hostility if they perceive that companies are pricing them out of the market.
  • Entrepreneurship Life also advises listening to customers' feedback and responding appropriately.
  • Showing gratitude for success also means being careful not to indulge in high-profile displays of wealth.

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Bloomberg Quint

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ACME Group To Enter Solar Panel Manufacturing, Likely By End OF January

  • ACME Group is planning to enter solar panel manufacturing with the commissioning of its first plant in Jaipur by January 2025.
  • ACME's new facility in Jaipur will use advanced TOPCon technology to manufacture 1.2 GW of solar panels and may expand its capacity in the future.
  • The company is also evaluating the establishment of a solar cell manufacturing plant with a similar capacity.
  • ACME aims to reach a portfolio of 7 GW by 2027 and 10 GW by 2030 in its renewable energy projects.

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TechBullion

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The U.S. Biohacking Market is Keep Growing

  • Biohacking involves making small, incremental lifestyle and dietary changes to boost health and well-being.
  • Biohackers use wearables and apps to gather data on their body's performance.
  • The personalized nature of biohacking allows individuals to address their specific health needs and goals.
  • The US biohacking market is growing rapidly, driven by the desire for self-optimization and better health.

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TechBullion

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The Business of Vladimir and Nikolay Fartushnyak: Brothers Who Created New Brands

  • Vladimir and Nikolay Fartushnyak are brothers who created multiple successful brands.
  • Their first major success was Sportmaster, a sporting goods retail chain.
  • They also launched other well-known brands including O’stin, Funday, X-Fit, and Ilion.
  • Their success is attributed to careful planning, teamwork, adaptability, and understanding market trends.

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Bloomberg Quint

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RBI Sets Up 'FREE-AI' Committee To Develop AI Framework

  • The Reserve Bank of India (RBI) has set up a committee called FREE-AI to develop a framework for responsible and ethical enablement of artificial intelligence.
  • The committee will assess the current level of AI adoption in financial services globally and in India and review regulatory and supervisory approaches on AI in the financial sector.
  • FREE-AI will identify potential risks associated with AI and recommend an evaluation, mitigation, and monitoring framework. It will also focus on compliance requirements for financial institutions and recommend responsible adoption of AI in the Indian financial sector.
  • The committee will comprise of experts from various fields and will recommend a robust and adaptable AI framework for the financial sector.

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Bloomberg Quint

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Hyundai To NTPC Green — Biggest IPOs Of 2024 Expected To Join Large-Cap Basket

  • Companies behind India's three biggest IPOs this year — Hyundai Motor India Ltd., NTPC Green Energy Ltd. and Swiggy Ltd. — are likely to be categorised as large-cap stocks by the Association of Mutual Funds in India.
  • Several AMFI-classified mid-cap stocks like CG Power and Industrial Solutions Ltd., Rail Vikas Nigam Ltd., and Indus Towers Ltd. are also expected to join the large-cap club.
  • The AMFI large-cap cut-off is anticipated to surge to Rs 1 lakh crore, while the mid-cap threshold is expected to soar to Rs 32,800 crore.
  • The change in categorisation will not lead to incremental inflows or outflows. The re-categorisation is periodically undertaken as per a directive by the Securities and Exchange Board of India.

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TechBullion

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Experts Reveal Why This Token Could Surpass Avalanche and XRP

  • Lightchain AI is positioned as a token that could surpass Avalanche and XRP in the cryptocurrency market.
  • It integrates artificial intelligence into blockchain technology and addresses scalability, transparency, and sustainability challenges.
  • Experts highlight its unique approach to decentralized governance and real-world applications, making it a potential game-changer.
  • With $5.1 million raised in its presale and growing investor interest, Lightchain AI shows strong growth potential.

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Livebitcoinnews

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BC.GAME Launches Wukong Slot Game, Now Playable with Crypto

  • BC.GAME has launched its latest slot game, Wukong, inspired by the highly popular AAA game Black Myth: Wukong.
  • Players can enjoy playing Wukong using cryptocurrency, including $BC, the platform's native token, and other popular cryptocurrencies.
  • BC.GAME is hosting a large-scale event, distributing a total of 200 million $BC tokens, which players can claim for free and use to play the Wukong slot game.
  • Wukong offers high win potential with payouts of up to 10,000 times the bet amount, along with free spins, bonus opportunities, and a wide bet range.

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Startupreporter

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Bharat Fintech Summit 2025- Ushering the Future of Digital Finance in India

  • The Bharat Fintech Summit 2025 is scheduled for 5th & 6th February 2025 in Mumbai.
  • The summit will focus on topics such as unsecured credit, customer acquisition, real-time payments, and digital transformation.
  • Over 4,000 participants, including industry experts, policymakers, and fintech enthusiasts, are expected to attend.
  • The summit aims to empower participants with insights and knowledge to navigate the evolving fintech market in India.

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TechBullion

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Will Whales Push XRP and DOGE Up, or Is the Latest Web3 Gaming Presale Their New Target?

  • Whales have recently bought 60 million XRP and 270 million Dogecoin, raising speculation about potential price changes.
  • XRP price has risen to $2.26, indicating renewed confidence. Analysts predict a potential rise to $3.00 if resistance levels are broken.
  • Dogecoin price has dropped 9.7% in the past week, despite whale accumulation. If prices rise above $0.553640, it could reach $0.60 in the near future.
  • The Minotaurus (MTAUR) presale is experiencing significant interest, with high token sales. The project aims to revolutionize the casual gaming industry.

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TheNewsCrypto

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Cardano (ADA) or Solana (SOL) for 2025? Why the Best Bet Could be Another Crypto Priced at $0.15

  • Cardano and Solana have been at the forefront of the crypto space but a new cryptocurrency priced at $0.15 is beginning to gain traction and could be the best bet in 2025.
  • Cardano has lost the $1 support and is currently trading at $0.9. Its price is currently experiencing bearish momentum which could lead to a fall to $0.70 or as low as $0.50.
  • Solana surpassed Ethereum in several areas including developer activity and transaction volume in 2024. It is currently trading at $180 and may increase to $300 in the short term and $420 or more in the long run.
  • Analysts have set a lofty goal of $1000 for Solana in a very favorable situation if the SOL ETF gets approved in 2025.
  • Rexas Finance bridges the gap between traditional finance and blockchain technology by redefining asset management through asset tokenization and has rapidly gained attention as a strong rival against Cardano and Solana.
  • Small investors who initially couldn’t access the market because of high costs can invest in assets anywhere without any geographic restrictions through Rexas Finance.
  • Experts believe Rexas Finance could earn higher returns than Cardano and Solana in 2025. The token’s launch could trigger a rally to $12.50 in mere months, and it could even soar as high as $25 before the end of the year.
  • The RXS token presale has already proven the project’s potential, raising over $32 million and completing nine stages in record time.
  • Rexas Finance has gained investors’ confidence through its Certik Audit, which shows its long-term growth and listing on CoinMarketCap and CoinGecko.
  • RXS is the path to follow for investors looking for remarkable profit. Its growth and potential to leverage the trillion-dollar RWA market are mainly untapped, creating an optimistic picture for 2025.

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Bloomberg Quint

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Adani Green, Adani Ports Lead Adani-Stocks Rally As Benchmarks Trade Flat

  • Shares of Adani Group-owned companies outperformed the benchmark indices in the final trading hours on Thursday.
  • Adani Green Energy Ltd. surged 4%, while Adani Ports and Special Economic Zone Ltd. and Adani Energy Solutions Ltd. also posted gains over 3%.
  • The 11 stocks of the ports-to-power conglomerate added as much as Rs 39,068 crore to investors' wealth, and market cap between them rose to Rs 12.68 lakh crore.
  • In November, Adani Ports handled the highest 396 vessels, and 845 vessel movements at its Mundra Port, marking the highest monthly record.

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HinduBusinessLine

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Why Consider A High-Value Health Insurance Plan?

  • High value health insurance plans offer financial cover in case of medical exigency, mainly developed to cover all medical expenses with a sum of at least one crore to ten crores or much more.
  • Premiums are determined by various factors including age, medical history, geographic location, income level, and health plan comparison.
  • Valuable health insurance plans help families shield themselves from heavy financial burdens due to medical bills; they provide customizable coverage and offer tax benefits, cashless hospitalisation, portability, and renewal.
  • High-value health insurance plans can be ideal for families with higher medical needs or chronic diseases because they offer a greater sum insured than general health insurance.
  • When choosing a high-end health insurance plan, factors such as medical check-ups, medical requirements, associated hospitals, premium amount and deductibles, co-payment and limit, and claim ratio matter.
  • High end plans provide coverage with a sum insured of up to Rs.1 crore or less; underwriting for pre-existing diseases varies depending on the Health insurance company and the type of plan provided.
  • Family size, geographic location, medical history, and income level are some of the factors to consider when buying high value health insurance policy.
  • Lifetime renewability option and periodic health checkup are also available in high-value health insurance plans.
  • A good health insurance policy offers a shield against these expensive procedures and gives you that priceless corner of peace of mind, knowing that you and your family can afford the treatment when the need arises.
  • High value health insurance is an important investment nowadays offered by the insurance companies to protect families against heavy financial burdens due to increased health facility bills.

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Bloomberg Quint

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Delhi Election: Arvind Kejriwal Inducts Bodybuilders, Wrestlers In Aam Aadmi Party

  • Several sportspersons, including bodybuilders and wrestlers, joined the Aam Aadmi Party in Delhi.
  • Around 70-80 bodybuilders and wrestlers have joined the party, strengthening its association with health and fitness.
  • The AAP aims for a third consecutive term in the upcoming Delhi Assembly polls.
  • The party's strategic outreach to sports and fitness professionals is expected to resonate with voters.

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