Technology

Domestic IT spend to grow 11.6% to Rs 2.33L cr in 2018: Report

Data       Jan 07, 2018

India's domestic IT spending is estimated to grow at 11.6 per cent to Rs 2,33,273 crore this year, helped by government's push for digital services, a report by Coeus Age Consulting said.  The domestic spending in 2017 grew at a slower pace of 10.3 per...

NPCI's digital transactions surge to 145 mn in December 2017

Data       Jan 05, 2018

Kolkata: The National Payments Corporation of India - an umbrella organisation for all retail payments in India - registered 145.46 million transactions on its digital Unified Payments Interface (UPI) in December 2017 from just 4.15 million in January last year.   The value of transactions in...

The wait for the self-driving future is coming to an end

Articles       Jan 04, 2018

The wait for the self-driving future is coming to an end. The earliest real-world applications of autonomous vehicles will arrive in 2018.  Starting in Phoenix this year, a small number of commuters will be riding in driverless Chrysler Pacifica minivans as part of a trial...

No charges on debit card transactions up to Rs 2,000: Finance Ministry

Indian News       Jan 01, 2018

NEW DELHI: Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000 from today onwards. Last month, Union Cabinet approved a proposal that government will bear the merchant discount rate...

2018 will be the year of smarter phones with larger screens and facial recognition

Articles       Dec 30, 2017

NEW DELHI: If 2017 was about dual cameras and longer battery life, the year 2018 is expected to churn out smartphones with larger screens packed with features like facial recognition and augmented/virtual reality.   Put simply, the phones are slated to become grander, lighter and smarter...

Indian E-commerce market may cross $50 bn mark in 2018: Study

Articles       Dec 25, 2017

Mumbai: The digital commerce market in the country is expected to cross USD 50 billion in value by the end of 2018 from the current level of USD 38.5 billion, on the back of a growing internet population and increased online shoppers, says a recent...

Innovation hubs emerge in India, Singapore: Capgemini report

Articles       Dec 19, 2017

Organisations globally are heavily investing in innovation centres and while the US remains the market leader, innovation centres are rapidly coming up in India and Singapore, says a Capgemini report.   According to Capgemini's Digital Transformation Institute's report released today, Silicon Valley is no longer the...

Govt to give incentives to boost electric vehicles

Indian News       Dec 19, 2017

New Delhi: The government would support manufacturing and selling of electric vehicles (EVs) by giving incentives such as lower road taxes so that the automobile sector continues to play a major role in India's GDP and job creation, Niti Aayog CEO Amitabh Kant said today....

Nearly 70% Indian firms might deploy AI before 2020: Intel

Articles       Dec 14, 2017

BENGALURU: As firms' appetite for the adoption of Artificial Intelligence (AI) grows, a report on Thursday said 68.6 per cent Indian organisations might deploy it before 2020.  The Intel India commissioned report, undertaken by the International Data Corporation (IDC) that surveyed 194 Indian organisations across...

Prudential Hong Kong introduces digital claims, AI platform

International News       Dec 14, 2017

Hong Kong: Prudential Hong Kong Limited (“Prudential”) today announced two new additions to its digital transformation line-up that harness automation, artificial intelligence (AI),machine learning and other technological innovations in order to provide a more personalised and accessible experience to customers. Launched today, eClaims is Hong...

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