Author: News Desk

Famous entrepreneur Atlas Ramachandran passed away . He died of cardiac arrest at the age of 80. He had been battling age-related ailments for some time. Ramachandran was the chairman of Atlas Jewellery .The tagline of the Atlas Jewellery ad made him a household name. The slogan “Janakodikalude Vishwastha Sthapanam” was a hit. Ramachandran was also an actor and film producer. He acted in films like Subhadram (2007), Arabikkadha, Malabar Wedding, Harihar Nagar 2 and others. He was also the producer of Vaisali (1988) and Sukrutham (1994).

The Reserve Bank of India’s card-on-file (CoF) tokenisation norms have come into effect from October 1, 2022. The rules for online payments using credit and debit cards have changed with this. The new rules expect to improve the payment experience of cardholders. It is said to provide a safe and hassle-free payment mode to both shoppers and merchants. What are the new rules? As per the new norms, businesses or payment aggregators cannot save customer card details on their platforms. Only card networks or issuing banks can save card details. Tokenisation replaces sensitive information such as card number, and card…

The world is going to witness a surge in the millionaire population, says Credit Suisse’s annual wealth report. The future of the global economy remains uncertain but, by 2026, the number of millionaires is expected to grow by more than 25 million. The total number would be more than 87 million. That means, in 2026, 1.1 % of the world’s population could be millionaires. In 2021, it was 0.8 %. According to the report, the United States’ millionaire dominance would fade in the coming years due to ‘limited’ economic growth and financial assets such as stocks falling from ‘peak values.’…

Ratan Tata is known for his words of wisdom Recently, a clip of his speech surfaced on social media In the video, Tata talks about what excites him in life He says his greatest pleasure is to achieve what everybody labels as ‘unachievable’ A user cited the concept of ‘Nano Car’ as proof of his words Here are a few motivational quotes by Ratan Tata for you “Take the stones people throw at you and use them to build a monument” “None can destroy iron, but its rust can. Likewise, none can destroy a person, but his own mindset can” “If you want to walk fast, walk alone. But if you want…

In the healthcare sector, Zipline is a renowned name. Founded in 2014 by Keller Rinaudo and Keenan Wyrobek and headquartered in South San Francisco, the unicorn Zipline designs, manufactures and operates delivery drones. Its drones deliver medical products such as vaccines, common medicines, and infusions besides whole blood, platelets, frozen plasma, and cryoprecipitate. The company operates in seven countries. Zipline’s mission is to build a logistics system that serves people from all corners equally. In Rwanda, the startup has partnered with the government to deliver medical supplies. In Ghana, it handled Covid-19 vaccine distribution. In 2020, during the COVID-19 pandemic, the US Federal Aviation Administration (FAA) used the facility in North Carolina. How…

During the fiscal year 2021–2022, the government-owned Hindustan Shipyard Limited (HSL) recorded the largest value of production in the PSU’s history, totaling Rs 755 crore. Hemant Khatri, chairman and managing director of HSL, said during a press conference that despite difficulties brought on by the partial lockdown and restrictions of the second and third COVID waves, the state-run organisation had recorded the highest value of production, with contributions from all three key business segments. He predicted that the production objective for the current fiscal year would exceed Rs 1,000 crore. According to Khatri, the value of shipbuilding production remained at…

In line with the global firming up of energy prices, natural gas prices, which are used to produce electricity, fertilizer, and CNG to power automobiles, increased sharply by 40% to record levels. The price paid for gas generated from old fields, which make up about two-thirds of all gas produced in the country, was raised by an order from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry from $6.1 per million British Thermal Units (mmBTUs) to $8.57 per million BTUs. According to the ruling, the cost of gas from difficult and more recent fields, like those in…

The government launched its own company for digital commerce as Walmart-owned Flipkart’s Big Billion Day sale was coming to an end after surpassing 1 billion visitors in a week. The government-owned Open Network for Digital Commerce (ONDC) launched its beta test in Bengaluru, starting off modestly with 161 orders. Customers in Bengaluru from 16 pin codes can first place orders on ONDC for two categories: restaurants and groceries. Buyer-facing apps like Paytm, IDFC First Bank, SpiceMoney, and Mystore, which serve as a gateway for online purchasing, fuel the experience. Names like Bizom, Digiit, e-Samudaay, eVitalrx, Go Frugal, Growth Falcons, Innobits…

Gitex Global 2022 will be held from October 10 to 14 at Dubai World Trade Centre (DWTC) It will be the biggest ever technology event in the world Hosting more than 5,000 companies across 2 million sq ft of exhibition space The upcoming edition will host X-Verse to curate a highly immersive metaverse experience Featuring 28 experiential brands and world premieres The expo will also host Global DevSlam Global DevSlam will be the region’s largest coder and developer meetup Connecting 10,000 coders to developers from the world’s biggest technology firms “Fintech Surge” will bring together investors, entrepreneurs, innovators and institutions…

India’s most-affordable electric car is here! The Tata Tiago was launched on September 28, 2022. The cheapest electric car offers a range of 300 km on a full charge. The price range falls between Rs 8.49 lakh and Rs 11.79 lakhs. Tata Tiago has two lithium-ion non detachable battery options – 19.2 kWh and 24 kWh. For the 19.2 kWh, there will be a 3.3 kW AC fast charger option. For the 24 kWh, there will be two charging options – 3.3kW and 7.2kW. The 19.2kWh has XE AND XT variants, and the 24kWh has XT, XZ+ AND XZ+TECH LUX…