Author: News Desk

Fibe, (formerly known as EarlySalary), a fintech company and Axis Bank, one of the largest private sector banks in India, has partnered to launch India’s first-ever numberless credit card for tech-savvy Gen Zs. With a numberless credit card, customers get an added level of security as there is no card number, expiry date or CVV printed on the card plastic. This claims to reduce the risk of identity theft or unauthorised access to customer’s card details ensuring absolute security and privacy. The Offers Claim The card is powered by RuPay, which allows the customer to link this credit card to UPI. The card…

Humans can fly! A myth? No, Paul Robert Jones, a gravity jet suit pilot, did the demonstration flight as part of the 16th edition of COCON-16, an international cyber conference organised by the Kerala Police in association with Information Security Research Association and Society for Policing of Cyberspace. It was an enthralling experience for people and guests gathered on the premises of the Grand Hyatt Hotel in Kochi on Friday morning, as they saw a man defying gravity and taking to the skies. Paul, who arrived at the ground wearing a gravity suit, greeted the spectators before taking to the skies. As he flew back…

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, led by Anil Ambani, is currently under scrutiny as it receives multiple show-cause notices from the Directorate General of GST Intelligence (DGGI). These notices, totaling an astonishing Rs 922.58 crore, pertain to GST obligations related to various aspects of RGIC’s operations. In this article, we will delve into the details of these notices, the implications for the company, and the broader context of RGIC within Reliance Capital’s ongoing debt resolution process. Show-Cause Notice 1: The Re-Insurance Commission Conundrum The first show-cause notice, amounting to Rs 478.74 crore, focuses on the applicability of GST on re-insurance commission. The DGGI argues that the…

Union Home and Cooperation Minister Amit Shah, on Monday, said that Cooperatives are the only medium for economic development of the 60 crore population of the country, which does not have capital. Addressing a two-day National Conference of State Cooperation Ministers, Shah noted that the Central Government has taken 54 initiatives in the last 27 months to strengthen cooperative movement in the country and increase cooperatives’ share in GDP. As per the minister, these initiatives have special focus on strengthening the Primary Agriculture Credit Societies (PACS). The initiatives aimed towards ease of doing business include computerization of PACS, model byelaws, widening the functioning…

The Reserve Bank of India (RBI) has announced the repo rate unchanged at 6.5%. The move is likely to have an impact on the crypto market. RBI has always been critical of cryptocurrencies. The central bank is always concerned about the risks associated with cryptocurrencies, such as their volatility and the potential for money laundering But both RBI’s recent repo announcement and crypto market are really correlated? While traditional financial markets are clearly impacted, how can this affect the crypto markets? In terms of liquidity, when a central bank alters the repo rate, it’s essentially shifting the liquidity profile of the…

Dubai, the city of endless innovation, has once again captured the world’s attention with a groundbreaking proposal that promises to redefine transportation and trade. From futuristic flying experiences to encounters with advanced robots, Dubai continues to push the boundaries of what is possible. One of its latest ambitious endeavours is the creation of an underwater train that will connect Dubai to Mumbai, India, setting a new benchmark in transportation and connectivity. Bridging the Gulf: Dubai to Mumbai by Train The idea of a train journey between Dubai and Mumbai may seem implausible given the vast expanse of the Arabian Sea…

Meta, the parent company of social media giant Facebook, appears to be gearing up to introduce a Trending Topics feature in its Threads app. This exciting development comes to light after a Meta employee accidentally shared a screenshot showcasing this upcoming addition. Since its launch in July, Threads users have been eagerly anticipating the inclusion of Trending Topics, a feature that could transform the app’s role in the social media landscape. Threads’ Original Purpose When Threads first entered the social media scene, Instagram boss Adam Mosseri emphasised that its primary aim was not to compete with Twitter but to create…

In a recent report by Business Insider, speculation has arisen regarding the identity of a high-profile family seeking a nanny for their two young sons at an annual salary exceeding $100,000. While the ad itself does not explicitly reveal the client’s name, several details strongly suggest that it may be Vivek Ramaswamy, the Indian American Republican presidential candidate. Here’s a closer look at this intriguing story. The Nanny Search The job posting for this sought-after nanny position was found on EstateJobs, a specialised website catering to the ultra-wealthy who are in need of household staff such as butlers, private chefs, and chauffeurs.…

Israel and Hamas are currently in a dangerous turbulence of escalating acts of terrifying violence, after a surprise attack on Saturday involving aerial, sea and ground operations, initiated by the Palestinian group from the Gaza Strip. Till now, the warfront continues to witness a death toll of 1100 from both sides. An Israel minister confirmed that “scores of hostages”, including Americans, have been taken into neighbouring Gaza, according to reports from the region. World leaders condemned the attack and the US said that it was sending warships and warplanes as it pledged “unwavering” support to its ally. Being one of the strongest…

In the ever-evolving landscape of technology, artificial intelligence (AI) stands out as a revolutionary force that promises to reshape the fundamental nature of work. While the concept of a 3.5-day workweek may seem radical, it becomes a plausible scenario when considering the multifaceted impact of AI on the workplace. AI’s Expansive Influence Artificial intelligence, with its incredible capabilities, offers a wide spectrum of advantages to businesses and industries. Beyond mere automation, AI can augment decision-making, optimise processes, and significantly enhance productivity across various sectors. Its applications span from data analysis to customer service, making it a cornerstone of modern workforce transformation. The Dynamic Adaptability of AI One of AI’s…