"We have not been encouraging cryptocurrency, which does not have...
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India advancing towards inclusive and universal social protection: Mansukh Mandaviya
“We are strengthening our social security through comprehensive...
Govt proposes to make online money game rules violation non-bailable entire company staff liable
Section 5 under the draft rules prohibits entities from offering,...
Google Wallet arrives in India
Google Wallet can be downloaded from Play Store and would allow users to store their loyalty cards, and gift cards among other things Google has introduced a private digital wallet for Android users in India, allowing users to securely store cards, tickets, passes,...
UK tells tech firms to ‘tame algorithms’ to protect children
The plan by regulator Ofcom is one of more than 40 practical steps tech companies will need to implement under Britain's Online Safety Act, which became law in October. The platforms must also have robust age checks to prevent children seeing harmful content linked to...
Worsening Weather: A $25 billion Market Opportunities
Most large and listed European companies are now required to disclose what they see as risks and opportunities from environmental factors. In the US, the Securities and Exchange Commission finalized rules in March that would make it mandatory for companies to publish...
Consumer affairs ministry to meet e-commerce firms on May 15 to curb fake online reviews
The draft Quality Control Order(QCO) of Consumer Affairs Ministry mandates that the organisations will not publish reviews that have been purchased and written by individuals employed for writing review by itself or the supplier, seller, or by a third party New Delhi:...
ICEYE launches Flood Insights and Flood Early Warning for Canada, providing near real-time situational awareness
ICEYE’s Flood Early Warning data is available 96 hours before each potential flood, showing the areas most likely to experience flooding. During each flood, data on the total extent of the flood water is provided every 24 hours. The complete extent and depth of the...
ACKO launches ambulance-booking feature on App
In partnership with Red Health, ACKO, the tech-first insurer, has added a unique feature of booking an ambulance on its mobile app. The feature is currently available in Bangalore, and will go live in Delhi, Mumbai, Chennai, Hyderabad, and Kolkata in coming weeks. The...
Govt adopted pro-poor approach in GST implementation: FM Sitharaman
Nirmala Sitharaman,Finance Minister GST, which was rolled out on July 1, 2017, had subsumed 17 taxes and 13 cesses into a 5-tier structure, thereby simplifying the tax regime. The turnover threshold for registration rose to Rs 40 lakh for goods and Rs 20 lakh for...
Permanent deletion of transactions can help make e-rupee anonymous: RBI Governor
“We have leveraged the existing merchant infrastructure on the UPI to facilitate CBDC transactions…while the number of transactions have reached a high of 1 million (10 lakh) a day, we still see preference for UPI among the retail users. We of course hope that this...
Wipro, Microsoft to launch GenAI-powered assistants for financial services
“This new solution set, powered by Microsoft, will help provide better and faster market and product intelligence to financial advisors and banking professionals, enabling them to deliver more personalised and timely service to clients,” Suzanne Dann, CEO of Americas...
WhatsApp banned record over 79 lakh accounts in India in March
The messaging platform, which has more than 500 million users in India, received a record 12,782 complaint reports in March in the country, and the records “actioned” were 11 New Delhi: Meta-owned WhatsApp has said it banned more than 79 lakh accounts in India in the...