Author: News Desk
The Reserve Bank of India (RBI) has announced strict regulations for microfinance institutions (MFIs) providing loans up to INR 50,000. This move comes in response to the increasing risk exposure of such small-scale loans and aims to bring more control over the sector. The first fintech company to come under the purview of these regulations is Paytm. In addition to Paytm, several other fintech companies have been contributing to the surge in small-ticket loans, leading to concerns about excessive lending. The Reserve Bank of India, in its recent announcement, emphasized the need for regulating and controlling the growth of such…
WhatsApp has recently announced an extension of its ‘View Once’ feature to include voice messages. This feature, originally introduced for photos and videos in 2021, allows users to send voice messages that disappear once they are listened to, providing an added layer of privacy and security. Perfect for Sensitive Information: According to WhatsApp, the ‘View Once’ feature for voice messages is ideal for sharing sensitive information such as credit card details or planning surprises. Similar to ‘View Once’ photos and videos, these voice messages are marked with a “one-time” icon and can only be played once. WhatsApp assures users that…
Breaking gender barriers, Nirmala Sitharaman holds the distinction of being the first woman to occupy this pivotal position. Let’s delve into the trajectory of her life and career. Early Life and Education: Born on August 18, 1959, in Tamil Nadu, Nirmala Sitharaman hails from a Tamil Iyengar Brahmin family. Her father served in the Indian Railways. She pursued her education in Madras and Tiruchirappalli, obtaining a Bachelor of Arts degree in economics from Seethalakshmi Ramaswami College. Later, she moved to Delhi for her Master of Arts and MPhil in economics at Jawaharlal Nehru University, where she met her husband, Parakala…
In a ground-breaking endeavor, the ‘Transplant Games,’ orchestrated under the leadership of the Heart Care Foundation, is poised to make its mark in Kochi on December 9, 2023. This event is not just a competition; it’s a vibrant celebration of life, a tribute to organ donors, and a spirited campaign to illuminate the critical role of organ transplantation. The stage for various competitions is set at illustrious venues such as the JLN Stadium, Regional Sports Center, and Lulu Mall. The pinnacle of the Transplant Games on December 9 will witness the esteemed presence of Chief Guest Shri. A N Shamseer,…
India Today Group (ITG) and Bosch Global Software Technologies (BGSW) have entered into a strategic partnership to introduce an innovative in-vehicle connectivity experience, offering users a hands-free way to stay informed on the go. Through this collaboration, BGSW, a global leader in automotive technology and engineering services, is now providing live news to users of connected vehicles, such as Mahindra & Mahindra’s XUV700. Vehicle users can conveniently listen to the latest news and updates from the India Today news app while traveling. Although the news is currently accessible in audio format, BGSW envisions expanding the service to live TV programs…
The ADAS (Advanced Driver Assistance Systems) show in Kerala witnessed the debut of a driverless car from the innovative mind of a Malayali entrepreneur. Leading the startup is Dr. Roshy John, the founder of Rosh AI, an artificial intelligence firm operating from Kochi Infopark. Dr. Roshy John , a robotics expert, initiated India’s foray into driverless cars. With a background in robotics and a Ph.D. from the International Institute of Information Technology, Trichy, Dr. Roshy John has spent two decades transforming industries such as high-tech, consumer electronics, automotive, retail, and banking through robotic innovations. His venture focuses on developing robots…
In the ever-evolving realm of social media trends, Gen Z in India emerges as the trendsetter, according to insights from Instagram’s ‘2024 Trend Talk.’ This article delves into the unique characteristics and priorities of Indian Gen Z, highlighting their influence on various domains. The upcoming year is poised to witness Gen Z in India leading key trends on Instagram. The trends span a wide spectrum, emphasizing robust career values, a keen sense of meme preferences and an appreciation for diverse culinary experiences. Unlike their global counterparts, Indian Gen Z is at the forefront of embracing emerging trends in culinary, beauty,…
The recently concluded ICC Men’s Cricket World Cup 2023 not only captivated cricket enthusiasts worldwide but also left a lasting impact on global payment trends and travel patterns. According to a comprehensive study conducted by Visa, the tournament witnessed a remarkable 12.5 per cent growth in contactless cross-border transactions compared to the pre-festive season in July 2023. Contactless Transactions Surge During World Cup Visa’s review highlighted a significant shift in payment behaviour, with at least 36 per cent of cross-border transactions in India being contactless. This figure reflects a striking 2X increase compared to total domestic contactless transactions, showcasing the…
ZEVO, a tech-enabled EV mobility platform, has announced its collaboration with Machphy Solutions, an innovative tech company from IIT Delhi. This partnership is set to deploy the brand’s innovation across 10 cities in its inaugural year and expected to be a game-changing development for Pharmaceutical, QSR, Seafood, Dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. According to an official release, this innovative solution is tailored for EV operators, offering lightweight, corrosion-resistant features without relying on expensive lithium batteries to maintain the required payload temperature. It caters to chilled, frozen, and ultra-low temperature operations, utilizing proprietary technology leveraging…
VoiceClub, the on-demand audio consultancy platform, has secured $700K in a seed funding round led by Better Capital, with substantial contributions from TDV Partners, Blume Founder’s Fund, Sunn91, Astir Ventures, and notable angel investors, including founders of Kutumb, Dhan, PagarBook, Flobiz, Khatabook, and more. The fresh capital injection will catalyze product development and will help in the strategic expansion of the platform. This will strengthen VoiceClub’s position in the market. “VoiceClub is not just an app; it’s a transformative movement in how Bharat searches for and obtains guidance. Our mission is to empower every individual with immediate access to reliable…
