Narendra Modi,Prime Minister "Someone can even misuse my voice to...
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Group of oncologists launch free-of-cost second opinion helpline number for cancer patients
Sharing the reason behind starting this helpline number, he said...
China’s latest EV is a ‘connected’ car from smart appliance maker Xiaomi
The combined share of EVs and hybrids in China's auto sales is...
NPCI’s digital transactions surge to 145 mn in December 2017
Banks and financial institutions also make use of NPCI’s UPI platform to offer direct digital payments from accounts without sharing bank details.The total number of banks on NPCI’s UPI platform as on December 2017 was 67.
No charges on debit card transactions up to Rs 2,000: Finance Ministry
The merchant discount rate (MDR) will be borne by the government for two years with effect from January 1, 2018 by reimbursing the same to banks.The move will have an impact of Rs 2,512 crore on the exchequer.
2018 will be the year of smarter phones with larger screens and facial recognition
AI-based features are also making their way into wearables like fitness trackers and smartwatches that help people improve their health and lifestyles
Indian E-commerce market may cross $50 bn mark in 2018: Study
However, it pointed out that the Indian e-commerce sector is heavily dependent on the cash on delivery (CoD) mode of payment as it is the most preferred choice for Indian consumers due to lack of trust in online transactions, limited adoption of credit and debit cards, and security concerns, among others.
Govt to give incentives to boost electric vehicles
“We would like to support electric vehicles by providing vast range of initiatives such as lower road taxes. And the government will act as a catalyst so that automobile sector continues to play a major role in India’s GDP and job creation as well as in exports,” Amitav Kant,CEO,Niti Aayog
Innovation hubs emerge in India, Singapore: Capgemini report
The survey covered five sectors: automotive, banking/insurance, consumer products, retail, and telecommunications.
In terms of newly opened innovation centres(between November 2016– October 2017), the US topped the chart, followed by Singapore and Germany in the second and third place respectively.Others in the top 10 include India at the fourth place, UK (5th), Israel (6th), France (7th), China (8th), Canada (9th)and Saudi Arabia (10th), the report said.
Prudential Hong Kong introduces digital claims, AI platform
eClaims is Hong Kong’s pioneering electronic claims submission system that covers all types of individual hospital claims. It is a new self-service customer platform that enables customers to both submit their hospital claims electronically and get instant claims status updates, making insurance claims an easier and hassle-free experience.
Nearly 70% Indian firms might deploy AI before 2020: Intel
Retail and BFSI organisations are leveraging AI to increase efficiency in their sales and marketing function, which has emerged as the second most popular use case.
Consumers want govts to do more to protect their data from AI: Survey
In the consumer research released, only 12 percent of people surveyed say they would prefer to be served by a chatbot, even if the service they receive is faster and more accurate than that of a human. Yet over three times more executives (38 percent) think their customers will prefer service by a chatbot in three years, according to Genpact’s senior management study.