"The necessary steps have been taken by the government to start the...
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NSE adds 1 crore investors in 5 months, total goes up to 10 crore
The investor base has seen more than 3-time jump in the last five...
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
Mumbai: The Reserve Bank has decided to enhance the limit for tax...
IT minister to launch ‘Work from Anywhere’ portal, Tejas Virtual Intelligence tool at NICSI event
Prasad would also launch the ‘Work from Anywhere’ portal, a virtual environment that enables employees to ”access routine applications like e-office, calendar, mail, and other departmental applications and communicate across through VC ensuring safety during this pandemic with social distancing and work assurance from anywhere”.
Augmented automated underwriting ushers in new-age technology in life insurance:Munich Re
Munich Re Automation Solutions has unveiled a blueprint on how augmented automated underwriting will revolutionise customer experience
Indian startups attract $10.14 billion in funding in 2020: Report
In terms of sectors, e-commerce attracted the highest investment with $3 billion, followed by fintech at $2.37 billion and edtech at $1.52 billion.
The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 per cent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions.
Bengaluru led with $4.3 billion in startup investments, followed by Delhi NCR ($3 billion) and Mumbai ($2 billion).Globally, startups raised over $308 billion in funding, with the US garnering $165 billion.
RBI says it is open to exploring possibility of digital version of fiat currency
“In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks.”Nevertheless, the RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalise it,” the RBI said in its booklet on ‘Payment Systems in India — Journey in the Second Decade of the Millennium’.
US leading race in artificial intelligence, China rising: Survey
“The Chinese government has made AI a top priority and the results are showing,” said Daniel Castro, director of the think tank’s Center for Data Innovation and lead author of the report.
Google opening up its spaces in US to serve as mass COVID-19 vaccination sites: Sundar Pichai
“Today we’re announcing that we’ll be opening up Google spaces to serve as mass vaccination sites, committing more than USD 150 million to promote vaccine education and equitable distribution, and making it easier for you to find where and when to get a vaccine,” Pichai announced in a blog post on Monday.
“Searches for ‘vaccines near me’ have increased 5x since the beginning of the year and we want to make sure we’re providing timely and locally relevant answers,” he said.
WhatsApp treating Indian users differently from Europeans matter of concern: Government tells HC
The central government told the high court that it was also a matter of concern that Indian users were being “unilaterally” subjected to the change in privacy policy by social networking platform WhatsApp.
Why Chinese involvement in financial frauds in India is alarming
Police said that around 40,000 confirmed victims have been identified who have been cheated of crores in two months. Almost Rs 4.75 crores of cheated money has been blocked in various accounts and more than Rs. 25 lakhs recovered in cash from the arrested Chinese nationals.
“The malicious app was also making millions of Indian users follow thousands of social media accounts of unknown origin and ownership, with huge potential of future misuse of this by a foreign entity,” said Anyesh Roy, DCP Crime Crime.
Facebook says ‘configuration change’ at back-end logged out some users
“We’re looking into reports of people being logged out and having to login again to access their Facebook accounts. We’re working to resolve this issue as quickly as possible. Thank you for your patience,” Facebook tweeted.
Privacy fears as Indian city readies facial recognition to spot harassed women
While there is a growing backlash against facial recognition technology in the United States and in Europe, Indian officials have said it is needed to bolster a severely under-policed country, and to stop criminals and find missing children.
But digital rights activists say its use is problematic without a data protection law, and that it threatens the right to privacy, which was declared to be a fundamental right by the Supreme Court in a landmark ruling in 2017.