The combined net worth for these people is up 13 per cent this year...
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Despite geo political challenges Indian exports to grow in FY25: Crisil Report
India's exports in April recorded positive growth in the face of...
Space data fuels India’s farming innovation drive
"We are on a surer footing when it comes to agricultural practices;...
Chinese big data industry boosts futuristic start-ups
One of the systems being supported by the big data industry is a smart judiciary assistant that can quickly scan through past judgments and case details to pull out relevant legal points, helping judges to arrive at decisions much faster.The project, being piloted in Guiyang, the capital city of Guizhou, can also help citizens know if they are likely to win a case.”If you are hit (in a road accident) and you want to take the case to court, with the smart assistant you can get an idea if you will win the case,” said He Yuan, general manager of China Big Data, one of the biggest big data companies in the area.
China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit
Ping An Healthcare Technology covers the medical data of more than 800 million Chinese citizens, its parent company’s deputy chief executive officer, Jessica Tan, told investors in November last year. It has been able to help local governments in 250 Chinese cities reduce medical insurance expenditures an average 10 percent by preventing fraud, Tan said at the time.
Mastercard, Visa losing market share to domestic payments networks: Jaitley
Jaitley said RuPay’s total transactions had leapt to 84.3 billion rupees ($1.16 billion) as of September, from 11 billion rupees before demonetisation. Total transactions done using UPI had jumped to 598 billion rupees ($8.26 billion) from 500 million rupees in October 2016, around the time it was launched
Digital assistants, social media to be key for banking sector by 2022: Report
The research, in which over 300 banks participated globally, found that respondents see open banking APIs (application programming interface) as the top technology for the future of innovation, with it being stronger than ’emerging’ areas such as machine learning, chatbots and RPA (Robotic Process Automation).
U.S. Agencies Split Over Cell Phone Cancer Risk
“We believe that the link between radio frequency radiation and tumors in male rats is real, and the external experts agreed,” said John Bucher, the toxicology agency’s senior scientist
Microsoft gears up for another digital revolution with quantum computing,
A quantum computer can solve complex problems that would otherwise take billions of years for today’s computers to solve. This has massive implications for research in health care, energy, environmental systems, global warming, smart materials and more.
In a first for India, HSBC makes overseas payment for RIL via blockchain
A slew of domestic lenders, including ICICI Bank, SBI and Yes Bank among others are working on blockchain solutions and count trade finance as one of the best use cases for the technology because of the ability to cut down on time.
Elon Musk says new tech will make Tesla car ‘follow you like a pet’
By next year, a Tesla should be able to drive around a parking lot, find an empty spot, read signs to confirm it’s valid and park,” Musk tweeted late Wednesday. The electric carmaker’s “Autopilot” feature also uses software and hardware to enable automatic steering, braking, accelerating and lane changing under certain conditions.
India’s digital journey to accelerate with stronger safeguards: UIDAI CEO
The Supreme Court had in a landmark verdict in September restricted the use of Aadhaar authentication by private entities in the absence of a legal provision, but allowed its mandatory use for welfare schemes, filing of Income Tax (IT) returns and allotment of Permanent Account Number (PAN).
Private messages of 120 mn Facebook users hacked, says BBC report
Several users whose details have been compromised were based in Ukraine and Russia but some were also from the UK, US, Brazil and elsewhere, the report said on Friday.