The Chhattisgarh

Month: October 2024

  • The Fintech Revolution: Is Industry Ready For Upcoming Regulatory Challenges? |

    The fintech revolution is advancing at an unprecedented pace, reshaping the global financial landscape. Innovations such as digital payments, blockchain, AI, machine learning, and decentralized finance (DeFi) are transforming financial services, making them more efficient, accessible, and user-friendly. However, these advancements present significant regulatory challenges that must be addressed to ensure a stable and secure financial ecosystem. 

    The Rise of Fintech

    Fintech has evolved from a niche sector into a major player in global finance, disrupting traditional banking through digital payment platforms, mobile banking, and peer-to-peer lending. However, regulatory issues surrounding fintech’s rapid growth could hinder its progress if not effectively managed.

    Navigating the Regulatory Landscape

    One of the most challenging aspects of fintech regulation is the balance between fostering innovation and protecting consumers. Shakil Khan, CEO of One97 Technologies, Bangladesh, emphasizes that navigating the evolving regulatory landscape is crucial for fintech firms to thrive. Regulatory oversight is essential for financial stability and consumer protection, but regulators often struggle to keep pace with the fast-moving technology sector. This creates a delicate balancing act: regulators must safeguard the public while allowing room for innovation.

    Fintech encompasses a wide range of industries—payments, digital currencies, investments, and trading—each with its own regulatory challenges. For instance, digital payment platforms and mobile banking require robust security measures, while cryptocurrencies and blockchain technologies face issues related to fraud, opacity, and potential misuse in criminal activities.

    Shakil Khan stresses the need for a flexible legal framework that adapts to technological advancements without stifling innovation. He warns that over-regulation could hinder growth, but appropriate regulations must address the risks associated with fintech technologies.

    Globalization and Regulatory Complexity

    Fintech is inherently global, with companies operating across multiple jurisdictions, each with its own set of rules. For example, while some countries embrace cryptocurrency and blockchain, others impose strict regulations or outright bans. This divergence in regulatory standards complicates compliance for fintech firms operating internationally.

    To address these challenges, countries must collaborate to harmonize fintech regulations. Global standards would promote fair competition, reduce confusion, and simplify compliance for firms operating in multiple countries. As Khan notes, international cooperation is key to establishing clear, efficient rules that support innovation while protecting financial systems.

    Data Privacy and Cybersecurity

    Fintech firms handle vast amounts of sensitive consumer financial data, making data privacy and cybersecurity critical issues. The increasing reliance on digital financial services has also escalated the risk of cyberattacks, identity theft, and fraud. Khan highlights cybersecurity as one of the most significant barriers to fintech growth, emphasizing the need for continuous evolution in security practices.

    Regulators must work closely with fintech firms to develop and enforce robust data protection measures. Cybersecurity is an ongoing challenge, and both policymakers and industry players must stay vigilant to safeguard customer information.

    Future of Fintech Regulation

    As fintech continues to evolve, regulatory frameworks will need to adapt to emerging technologies like AI, machine learning, and blockchain. These innovations bring new opportunities but also introduce risks that public authorities must understand to ensure the stability and efficiency of the financial system.

    The fintech revolution is unlocking opportunities for innovation and financial inclusion, particularly for the underserved. However, these advancements also bring significant regulatory challenges. To foster a thriving fintech sector, regulators, financial institutions, and fintech firms must collaborate to create a balanced regulatory environment that supports both innovation and financial security.

  • IPL 2025: Big shock to KL Rahul! LSG will retain these 3 players at any cost

    IPL 2025: Lucknow Supergiants is ready to release KL Rahul, who has been captaining for the last three years, before the IPL auction.

    IPL 2025: There is to be a mega auction for IPL 2025. Before this, all the teams will release the list of their retained and released players. Meanwhile, a big update has come out from the camp of Lucknow Super Giants. This franchise is preparing to release its captain KL Rahul.

    According to reports, the franchise has expressed dissatisfaction with Rahul’s strike rate, which is affecting the team’s performance, hence he may be fired.

    If sources are to be believed, the LSG management including the team’s new mentor Zaheer Khan and coach Justin Langer analyzed KL Rahul’s statistics and found that the team has lost most of the matches in which Rahul batted for a long time. The reason for this is said to be his slow strike rate, which does not match the fast pace of the game at present.

    LSG has not completely ruled out including Rahul in the auction. The franchise can decide on the day of the auction how much they can bid for Rahul.

    Who will be retained?

    Sources say that the LSG management is looking at young fast bowlers Mayank Yadav, Nicholas Pooran and Ravi Bishnoi as its top three retentions. Mayank is being considered a player of the future and he can be ahead of Bishnoi in the retention list.

    Ayush Badoni and Mohsin Khan

    The LSG team management is trying to save as much purse as possible. Under this, Ayush Badoni and left arm fast bowler Mohsin Khan can be retained as uncapped players.

    These teams have their eyes on Rishabh Pant

    Some franchises are also waiting for the decision on the retention of Delhi Capitals. If Delhi Capitals does not retain Rishabh Pant, then many teams like LSG and Punjab Kings have started considering Pant as their captaincy candidate. Delhi Capitals co-owner Parth Jindal had recently announced that Pant would be his priority, but DC has not yet released its retention list due to major changes in operations.

    KL Rahul’s performance for Lucknow Super Giants?

    IPL 2022- 616 runs in 15 matches at an average of 51 and a strike rate of 135. IPL 2023- 274 runs in 9 matches at an average of 34 and a strike rate of 113. IPL 2024- 14 matches at an average of 37.14 and a strike rate of 136. 520 runs from.

  • CG Morning News: CM Sai will inaugurate the farmers’ conference, former MP Sunil Soni will file nomination for Raipur South, supply affected in 10 water tanks of Raipur.

    Raipur. Today, BJP candidate and former MP Sunil Soni will file nomination with a grand rally for the by-election of Raipur South Assembly of Chhattisgarh. There will be no water supply in 10 tanks of the capital today. Know what will happen in the state today…

    Visit program of Chief Minister Vishnu Dev Sai

    Chief Minister Vishnu Dev Sai will leave for Raipur from Jashpur Bagiya today at 12:15 pm. There he will do departmental work in the ministry at 1:40 pm. After this he will attend the National Farmers Fair 2024 at 3 pm. He will also participate in the Regional Culture Festival 2024 at 5.05 pm. After this, CM Sai will hold a meeting at the Chief Minister’s residence at 6 pm.

    National Farmers Fair 2024

    CM Sai will inaugurate Agri Carnival-2024 at Agricultural University today at 3 pm. Agriculture Development and Farmers Welfare Minister Ramvichar Netam will also be present. More than 20 private companies will provide employment to the selected students in this program.

    BJP candidate Sunil Soni will submit nomination

    Raipur South BJP candidate Sunil Soni will hold a rally on October 25 and file his nomination. Will submit a set of nominations today. After this, tomorrow he will start the public relations journey by visiting Maa Danteshwari Mata located in Kushalpur. Let us tell you, so far 10 candidates have submitted their nominations for Raipur Nagar (South) by-election-2024. Scrutiny of nomination papers will take place on October 28.

    Water supply affected in Raipur

    After morning water supply on October 23, there will be no water supply from 10 tanks filled from 80 MLD plant in the filter plant located at Bhathagaon of Raipur Municipal Corporation in the evening. Executive Engineer of the Corporation, Narsing Farendra said that due to the interconnection work in the header of the intake well of the plant, water will not be filled in 10 tanks after the water supply on Wednesday morning. Due to this, after the morning water supply, only 50 percent water will be supplied in the evening from the overhead tank Dangania, Ganj, Gudhiyari, Rajendra Nagar, Telibandha, Shankarnagar, Khamtarai, Bhanpuri, Purana Shyam Nagar and the sump well filling the assembly. Water supply will remain the same in the morning on 24th October.

    Program of Deputy Chief Minister Arun Sao

    Deputy Chief Minister Arun Sao will review the progress of development works and implementation of schemes. He will also attend various programs and meetings. Sao will also participate in the tricentenary birth anniversary celebrations of Lokmata Devi Ahilya Bai Holkar organized at Agrasen College in Korba. He will leave for Rajiv Gandhi Auditorium from Agrasen College at 12.30 pm. At 12:40 pm, he will participate in the housing fair at Rajiv Gandhi Auditorium and the inauguration-bhoomi pujan program of various development works in the city. After this, he will also attend the meeting of the District Rehabilitation and Resettlement Committee. Saav will leave for Raipur by road from Korba at 5.30 pm and will reach Raipur at 9 pm.

    global yoga conference

    Global Yoga Conference will be inaugurated by the Yoga Department at Srirawatpura Government University at 11 am, in which the importance of yoga and its benefits will be discussed.

    Regional Culture Festival

    A three-day regional cultural festival started at Saraswati Shishu Mandir Girls/Boys Higher Secondary School. This festival has been organized to promote regional cultural activities.

    silver jubilee state festival

    Silver Jubilee Rajyotsav is being organized by Chhattisgarh State Construction Movement Committee and Chhattisgarhi Samaj Party. State level workers conference will be held at Sahu Sadan Tikrapara from 1 pm onwards, in which various issues will be discussed.

  • Jharkhand Election 2024: JMM Releases 1st List Of 35 Candidates, Hemant Soren To Contest From Barhait |

    RANCHI: The Jharkhand Mukti Morcha released its first list of 35 candidates for the upcoming assembly polls on Wednesday, fielding Chief Minister Hemant Soren from Barhait and Kalpana Soren from Gandey segments. The assembly polls will be held in two phases — on November 13 and 20 — while the results will be declared on November 23.

    Hemant Soren is the sitting MLA from Barhait (ST) constituency in Sahibganj district. He won the seat by 25,740 votes over his nearest BJP rival Simon Malto in the 2019 assembly elections. His wife Kalpana Soren had won the Gandey bypoll by 27,149 votes over her nearest BJP rival Dilip Kumar Verma. The seat had fallen vacant following the resignation of JMM MLA Sarfaraz Ahmad.

    Of the 35 JMM nominees, Basant Soren, the incumbent chief minister’s brother, will contest from Dumka, Jharkhand Assembly Speaker Rabindranath Mahto from Nala, Minister Mithilesh Thakur from Garhwa, Sonu Sudivya from Giridih and Bebi Devi from Dumri.

    Basant defeated former BJP minister Lois Marandi by over 6,842 votes in party stronghold Dumka, the constituency vacated by his elder brother Hemant Soren after he won Dumka and Barahit in the December 2019 assembly elections and decided to retain the latter.

    Assembly Speaker Mahto won Nala in Jamtara by a margin of 3,520 votes, defeating Satyanand Jha of the BJP in the last elections. Mahto had won the seat in 2005 and 2014 also.

    The other candidates announced by the JMM include Dipak Birua from Chaibasa and Kedar Hazara, a three-term sitting MLA of BJP who joined the party recently, from Jamua.

  • Ekta Kapoor: Mumbai Police summoned Ekta Kapoor and her mother Shobha Kapoor, will interrogate both of them in POCSO case, know what is the whole matter.

    Ekta Kapoor: Producer Ekta Kapoor and her mother Shobha Kapoor have been summoned by Mumbai Police. The police have called both of them to the police station for questioning in the POCSO case. The police have directed him to appear on Thursday, October 24.

    Russian girls like PM Modi: She said- We like PM Modi very much, welcomed the Prime Minister by singing Krishna Bhajan, Watch Video

    Actually, the whole matter is about showing obscene scenes of minor girls in the web series ‘Gandii Baat’. Three days ago, a case was registered against Ekta and her mother Shobha Kapoor under the POCSO Act in Mumbai. Now Mumbai Police has summoned the mother and daughter for questioning.

    BRICS Summit VIDEO: What happened during the meeting that PM Modi burst out laughing at Putin’s words, the video of the tremendous bonding between the two leaders went viral

    Know what is the whole matter

    A case was registered against producer Ekta Kapoor and her mother Shobha Kapoor under the POCSO Act in Mumbai three days ago. Ekta and her mother are accused of filming objectionable scenes of minor girls in this web series. However, this controversial episode has been removed from the app.

    Big news: Sheikh Hasina is still the Prime Minister of Bangladesh! President’s claim after two and a half months, said- I have not received his resignation, elections will not be held – Sheikh Hasina

    Local citizen has filed a complaint

    A local citizen lodged this complaint at the MHB police station in Borivali, Mumbai. In the complaint made by the complainant, allegations have been made that great men and saints were insulted by using cigarette advertisements in this web series. Due to this the sentiments of the complainant were also hurt. Also, in an episode of this series, some scenes were shown violating the rules of POCSO Act. In view of all the allegations, it is known that due to the content along with POCSO, laws like Information Technology Act 2000, Women Prohibition Act 1986 and Cigarettes-Other Tobacco Products Act 2003 have also been violated.

    Russian Girl Wants Indian Groom, by fulfilling these conditions of Bala’s beautiful mistress, you can become your bride – Russian Girl Wants Indian Groom

    Ekta’s production company had issued a statement on the allegation

    After a case was registered against Ekta Kapoor and her mother Shobha Kapoor under the POCSO Act, Ekta’s production company had issued a statement. Alt Digital Media Entertainment Limited issued a clarification saying that the production company also followed all the laws, such as the POCSO Act, during the shooting. Whatever information has come out in the case of minors is wrong. The company further said, ‘Shobha Kapoor and Ekta Kapoor are not present on the set every day. In his absence, some teams have been formed, which handle all the work. However, the matter is before the court and the company has full faith in the judiciary. We will cooperate with the investigating agency.

    Whoever encounters Lawrence Bishnoi will get Rs 1 crore 11 lakh: Kshatriya Karni Sena announced, know how both of them became each other’s ‘dead enemy’ – Lawrence Bishnoi

    In 2020 also, a case was registered regarding the same series.

    Ekta and her web series ‘Gandii Baat’ have been in controversies before also. In 2020, a case was registered against Ekta for showing objectionable material against the army in a season of this series. A court in Begusarai district of Bihar had issued a warrant for the arrest of Ekta and Shobha. Ekta had also challenged the case in the High Court. It was said from her side that there is nothing objectionable in the web series. The police registered the case without investigating or listening to the parties. It should be repealed. The investigation of this matter is still going on.

    JMM Candidate List: JMM released the first list of 35 candidates for Jharkhand elections, CM Hemant Barhet and wife Kalpana Gandey will contest from the seat, Chunna Singh, who came to the party 40 minutes ago, also got ticket.

    The Supreme Court had given a big decision regarding obscene content related to children.

    Let us tell you that on September 27, 2024, the Supreme Court had given a major decision regarding obscene content related to children. He had said that watching, publishing and downloading such obscene content for children is a crime. With this decision he rejected the decision of Madras High Court. Madras High had said that this type of activity cannot be considered a crime.

    Lawrence Bishnoi will contest elections! This party offered to enter politics, compared with Sardar Bhagat Singh – Lawrence Bishnoi

    Don’t forget to follow Lalluram.Com’s WhatsApp channel.https://whatsapp.com/channel/0029Va9ikmL6RGJ8hkYEFC2H

  • Raipur South by-election: 10 candidates have filed nominations so far, see list

    Satya Rajput, Raipur. Voting for the by-election on the South Assembly seat of the capital Raipur will be held on 13 November 2024 and its results will be declared on 23 November 2024. The local administration has started finalizing all the preparations regarding the election process. Meanwhile, the process of filing nominations of the candidates has also started, so far 10 candidates have filed their nomination papers.

    Let us inform that on Monday, 3 independent candidates Shabista Khan, Sushma Aggarwal, Mahendra Kumar Bagh had submitted their nomination papers. Today on Tuesday, 7 candidates have filed their nominations, including independent candidates Nandini Nayak, Ravi Bhoi, Syed Muslim, Mohd. The names of Nasir Mohammad, Rizwana, Jugraj Jagat, and Champalal Patel of Right to Recall Party are included.

    Roll Number DateCandidates NameParty/Independence121 OctoberShabista KhanIndependent2Sushma AggarwalIndependent3Mahendra Kumar BaghIndependent422 OctoberNandini NayakIndependent5Ravi BhoiIndependent6Sayyid MuslimIndependent7Mo. Nasir MohammadIndependent8 RizwanaIndependent9Jugraj JagatIndependent10Champalal PatelRight to Recall Party

    It is noteworthy that candidates can file their nominations till 25 October 2024. The scrutiny of nominations will be done on October 28, and candidates will be able to withdraw their nominations till October 30. During this process, nominations can be filed on office days from 10 am to 3 pm, while government holidays will be excluded.

    Don’t forget to follow Lalluram.Com’s WhatsApp channel.https://whatsapp.com/channel/0029Va9ikmL6RGJ8hkYEFC2H

  • Government Launches New Spam-Tracking System To Block International Calls; Details Here |

    Detect And Block International Calls: The government on Tuesday introduced a new spam-tracking system designed to detect and block international calls disguised as Indian numbers. Within the first 24 hours of operation, telecom service providers (TSPs) identified and blocked approximately 1.35 crore, or 90%, of such spoofed calls from reaching Indian users.

    Union Minister of Communications, Jyotiraditya Scindia, launched the ‘International Incoming Spoofed Calls Prevention System,’ highlighting it as part of the government’s ongoing efforts to create a safer digital environment and protect citizens from cybercrime.

    This system aims to significantly reduce spoofed calls with Indian (+91) numbers, which cybercriminals have been using to commit fraud by manipulating the calling line identity (CLI). These spoofed calls often appear to originate in India but are actually made from abroad and are commonly linked to financial scams, impersonation, and spreading panic.

    There have also been cases of cyber-crime threatening disconnection of mobile numbers by DoT/TRAI officials, fake digital arrests, drugs/narcotics in courier, impersonation as police officials, arrest in sex racket etc.

    The Department of Communications (DoT) and TSPs have collaborated and devised a system to identify and block such incoming international spoofed calls from reaching the Indian telecom subscribers.

    “Despite such best efforts, there could be cases where fraudsters succeed through other means. For such calls, you can help by reporting such suspected fraud communications at Chakshu facility on Sanchar Saathi,” said the government.

    This is another step by DoT to protect citizens from cyber frauds as the system identifies and blocks the incoming international calls. (With Inputs From IANS)

  • IND vs NZ 2nd Test: Who Will Make Way For Shubman Gill? KL Rahul Or Sarfaraz Khan? , cricket news

    Assistant coach of Team India, Ryan ten Doeschate has shared some details about the team’s choice for wicketkeeper-batter for the second Test against New Zealand in Pune. Earlier, Dhruv Jurel’s name floated around for the second game against the Kiwis due to Rishabh Pant’s injury but Ten Doeschate has confirmed Pant is fit to plat after the youngster did not keep wickets due to an injury during the first Test.

    “Everyone is really well. There wasn’t too much bowling in the first Test. The fast bowlers are all good. Rishabh is pretty good. He was having a little bit of discomfort the other day with the movement of his knee but fingers crossed , he’ll be good to keep in the Test (in Pune),” ten Doechate said on Tuesday.

    Shubman Gill is also likely to return to the playing eleven as he was injured and missed the Bengaluru Test due to a stiff neck. (IND vs NZ 2nd Test: India’s Probable Playing XI for Second Test Against New Zealand In Pune – Shubman Gill, Akash Deep In; KL Rahul, Mohammad Siraj Out – Check Here)

    “He looks so. He has batted well in Bengaluru and has had a few hits. He had some discomfort but he looks good to go,” he added.

    Who Will Lose Spot For Gill?

    KL Rahul is likely to get dropped as Sarfaraz Khan who replaced Gill in the lineup scored a sensational 150. Rahul has a century against South Africa earlier this year a solid fifty against England. Team management is left with no choice to make harsh call of dropping.

    “There’s no denying that there is a fight for a spot. Sarfaraz Khan was brilliant. I went to KL after the last Test and asked him ‘how many did you play and miss?’ That’s what tends to happen when you’re not getting runs. So there’s no concern about KL Rahul. mental space. But we’ve got to fit seven pieces into six spots.”

    “We’re not worried about his form. We have a lot of faith in him. It’s a very competitive environment. With a 150 and hundreds in the Irani Trophy, The decision will be what’s best for the team, but we will continue to back all the players,” ten Doeschate said.

    India Probable Playing 11 For 2nd Test Vs New Zealand (NZ)

    Rohit Sharma(c), Yashasvi Jaiswal, Shubman Gill, Virat Kohli, Sarfaraz Khan, Rishabh Pant(w), Ravindra Jadeja, Ravichandran Ashwin, Kuldeep Yadav, Jasprit Bumrah, Mohammed Siraj.

  • IAS TRANSFER: Large scale administrative reshuffle, Ravi Mittal becomes Public Relations Commissioner

    Raipur. The state government has issued transfer orders of IAS officers on a large scale. According to the order issued by the General Administration Department, the Collector of Jashpur and Surajpur has been changed. Apart from this, IAS Ravi Mittal has been appointed to the post of new Public Relations Commissioner.

    According to the order issued, IAS Janmjay Mohbe has been given the additional charge of Director Women and Child Development Department along with his current duties. Apart from this, IAS Jagdish Sonkar has been given posting in the Ministry of Joint Secretary. Manpur Mohalla Collector IAS S Jaivardhan has been made Surajpur Collector.

    IAS Vijay Dayaram has been given the additional charge of Managing Director National Rural Health Mission along with his current duties. IAS Tulika Prajapati has been made the collector of Manpur Mohalla. Surajpur Collector IAS Rohit Vyas has been made the new Collector of Jashpur. IAS Pratishtha Mamgai has been made the CEO of District Panchayat Bastar.

    IAS Kumar Vishwaranjan has been posted as Deputy Secretary Ministry. IAS Jayant Nahata has been made the CEO of District Panchayat Dantewada. The services of IPS Mayank Srivastava have been returned to the Home Department.

    See list –

    Click here to read news of Chhattisgarh. Click here to read news of Madhya Pradesh. Click here to read news of Uttar Pradesh. Click here to read news of Delhi. Click here to read news of Punjab. Click here to read news in English. Click here to read news of sports. Click here to read entertainment news

  • 1 Dead, Five Missing As Under-Construction Building Collapses In Bengaluru |

    One person was killed, and five others are missing after an under-construction building collapsed in Bengaluru’s Horamavu Agara area on Tuesday, according to police. The incident occurred in the afternoon while 20 people were inside the seven-story building.

    “Twenty people were trapped. One has died, 14 have been rescued, and five are still unaccounted for,” said D Devaraja, Deputy Commissioner of Police (East), Bengaluru, in a statement to ANI. Rescue operations are ongoing to locate the missing individuals.

    Locals reported that the collapse happened around 1:00 pm. According to eyewitnesses, the building, which was under construction, collapsed after heavy rainfall. “Seven of our workers were on site. Unfortunately, one has died, and three others were injured and taken to the hospital,” an eyewitness said.

    Another witness, Mehfoos, described the scene: “We were on a lunch break around 1:00 pm when we heard a loud noise, and the building began shaking. A worker inside the building died instantly.”

    Further updates are awaited as the rescue mission continues.

    At least 17 workers are believed to be trapped following the collapse of a building under construction in Babusapalya, Bengaluru, on Tuesday, officials have confirmed.

    The incident occurred during heavy rainfall in the city, complicating the situation. Rescue efforts are currently underway, with two emergency vans from the fire department on-site. According to a senior police officer, “17 individuals are feared trapped, and a coordinated rescue operation is in progress with support from various agencies.” Initial investigations suggest the building’s complete collapse, with people trapped under the rubble, according to fire department officials.

    Bengaluru has recently experienced record-breaking rainfall, with the Indian Meteorological Department (IMD) reporting a remarkable 186.2 mm of rain at the GKVK observatory by 8:30 am on Sunday. This figure surpasses the previous highest 24-hour rainfall record of 178.9 mm, which was set on October 1, 1997. The relentless rain has disrupted daily life, especially in the northern parts of the city.

    Areas like Yelahanka and Doddabommasandra Lake have been heavily flooded, leading to severe waterlogging. In response, authorities have deployed five teams from the National Disaster Response Force (NDRF) and the State Disaster Response Force (SDRF) to assist with rescue and evacuation operations.