Nirmala Sitharaman,Finance Minister GST, which was rolled out on...
Category:
Technology
Latest
Permanent deletion of transactions can help make e-rupee anonymous: RBI Governor
“We have leveraged the existing merchant infrastructure on the UPI...
Wipro, Microsoft to launch GenAI-powered assistants for financial services
“This new solution set, powered by Microsoft, will help provide...
67 per cent Indian businesses hit by ransomware, 38 per cent twice: Sophos
While $13.74 million were spent by three per cent of the organisations worldwide to rectify the impact of ransomware, India’s share remained the highest at $1.17 million, said global cybersecurity leader Sophos
India: By 2025, digital transactions in India could be worth $1 trn a year
“Flexible, scalable and reliable technology will be critical to the future of payments in India as the market continues to experience incredible growth,” said Manish Patel, Vice President, ACI Worldwide.
Porsche could build flying taxis, says sales chief
Porsche would join a raft of companies working on designs for flying cars in anticipation of a shift in the transport market away from conventional cars to self-driving vehicles shared via ride-hailing apps.Volkswagen’s auto designer Italdesign and Airbus (AIR.PA) at last year’s Geneva auto show presented a two-seater flying car, called Pop.Up, designed to avoid gridlock on city roads.
Asia Pacific Employers expect workplace automation to surge in the next 3 years : Willis
Yet the survey revealed very few companies and HR functions are fully prepared to address the organisational change requirements related to automation, nor the opportunities offered by a larger contingent talent pool
Nissan-Renault partnership plans $1 bn fund for auto tech startups
Global automakers are seeking to marry their manufacturing prowess with the nimbleness of startups that are working on electrification, artificial intelligence and autonomous driving — technologies that are transforming the industry
Domestic IT spend to grow 11.6% to Rs 2.33L cr in 2018: Report
“The India IT spend witnessed a lower than expected growth in 2017. This was due to the temporary disruption caused by the structural changes undertaken in the form of demonetisation and GST roll out,” Coeus Age Consulting founder and CEO Kapil Dev Singh said.
The wait for the self-driving future is coming to an end
In just a few years these companies are promising to fill the roads with robo-taxis, driverless delivery vehicles, and sentient shuttles that will transform the way we move, upend industries, and ultimately reduce deaths by car accidents. By 2021 there will be 51,000 autonomous vehicles on roads worldwide, according to a new forecast from IHS Markit, with sales projected to rise to nearly 1 million by 2025 and an estimated 33 million by 2040.
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