Author: News Desk

https://youtu.be/hH7YgEK_Btk Crypto meetA Parliamentary Standing Committee has held a meeting with experts on cryptocurrency. This is the first meeting to be convened by the Parliamentary Standing Committee to discuss cryptocurrency.New inputs gatheredThere was a consensus that cryptocurrency can’t be stopped but must be regulated. This had generated a lot of interest and concerns in various quarters. The panel will also gather inputs from academicians of IIM Ahmedabad.Prime Minister Narendra Modi led the review meeting on the digital currency. The government will continue to proactively engage with experts on the evolving technology

https://youtu.be/ChknCuAHtzM Startups in Kerala are energetic and dynamic. I wish more startups are successful. More focus should be placed on how we can help them towards this goal, Minister of State for Electronics and IT, Skill Development and Entrepreneurship Rajeev Chandrasekhar told Channeliam.com founder Nisha Krishnan in an interview. The Union Minister was on a three day visit to Kerala. How do you see the start-ups in Kerala?My aim during this visit was to create awareness of the growing opportunity for the startup ecosystem and technology startups. I am very impressed with what I have seen. The energy of the Kerala startups…

https://youtu.be/ztJM9kJSi6E Soon digital gold, along with crypto assets, will come under some regulatory oversight. There have been concerns over the unchecked growth in such investments Digital gold to attract stricter norms The government plans to address the issues of transparency, lofty promises by some firms. The government may amend the Sebi Act and Securities Contracts Regulation Act.This will categorize digital gold as a security. Sebi in talks with the government Sebi had barred registered brokers and investment advisers from offering digital gold. Sebi is in talks with the government to categorise digital gold as securities in the budget

https://youtu.be/NcCX2_LZDuIThe central government has introduced new policies on IT digital electronic innovation and product development. The mission of Union Minister Rajeev Chandrasekhar’s Kerala visit was to equip innovation centres in the state to meet the centre’s policies. He held meetings with startup owners and stakeholders of electronics hardware development centres, including C-DAC. He keenly evaluated the electronic hardware and software products developed in C-DAC. Self-sufficient innovation centresIndia is becoming a trillion-dollar digital economy. India has become a role model for other nations in terms of creating more job opportunities and utilising technology. The nation has great potential in core technology areas…

https://youtu.be/u5TXpd04NEk Reliance tops listSix of the 10 most valued companies together added Rs 1,18,383.07 crore in market valuation.  The major contribution came from Reliance Industries Limited. Last week, the 30-share BSE benchmark jumped 619.07 points or 1.03%.Gain and lossReliance, TCS, Infosys, HDFC, Bajaj Finance and Kotak Mahindra Bank were the gainers. HDFC Bank, Hindustan Unilever Limited, ICICI Bank and SBI emerged as laggards.The valuation of Reliance zoomed Rs 59,437.12 crore to reach Rs 16,44,511.70 crores. Infosys added Rs 29,690.9 crore to take its market valuation to Rs 7,48,580.98 crore.

https://youtu.be/CWKNW8nwJbw PLI for SolarThe government will enhance funding under PLI for solar manufacturing to Rs 24,000 crores.  Now, PLI for domestic solar cells and module manufacturing is Rs 4,500 crores. At present solar module manufacturing capacity in the country is 8,800 MW. The solar cell manufacturing capacity is 2,500 MW. Cabinet approvalNational Programme on High-Efficiency Solar PV Modules was approved by the Cabinet. It is aimed at reducing import dependence in a strategic sector like electricity and also at adding 10,000 MW manufacturing capacity of integrated solar PV modules

https://youtu.be/xdVkhb9tTHo New road safety appIndia, Japan researchers are working on a smartphone-based app to monitor roads.This is to reduce the accidents due to damaged roads in both countries. The project aims at monitoring road conditions and ultimately enhancing road safety. Detect potholesThe key to road surface condition monitoring is to detect road surface anomalies,including potholes, experts said. Any citizen can record the road damage with a smartphone and upload it directly to the cloud servers.The app can be used for continuous monitoring with high temporal road damage assessment.  

https://youtu.be/saZofRuESlQ India, which is entering the trillion dollar valuation in digital economy is becoming one of the best IT hubs in the world. These IT companies are offering better job oppurtunities to thousands of people and are providing with new work culture. Marlabs is a part of India’s IT legacy. India, an IT hub These days, India is becoming a favourite hub for multinational companies due to the availability of good talents and eminent software engineers. The New Jersey-headquartered Marlabs is expanding its operations in Indian cities by hiring more tech engineers. Marlabs is a software company providing digital solutions,…

https://youtu.be/BJyQ_kkyUL4 Reliance Retail has acquired ‘Amante’ umbrella brand, a subsidiary of MAS Holdings. The ‘Amante business’ was established by Sri Lanka-based firm MAS in 2007.100 percent stakeAmante is engaged in retail and wholesale distribution of premium lingerie under several brands. They include ‘Amante’, ‘Ultimo’ and ‘Every day by Amante’.Reliance Retail has acquired a 100 per cent stake of the ‘Amante’ brandQuality guaranteedThe partnership and collaboration will give Indian customers world-class product quality and greater choices in this segment. The acquisition by Reliance ensured that ‘amante’ would benefit from Reliance’s scale and retail expertise.Reliance Retail had acquired a 52% stake in Ritika…

https://youtu.be/sBis_EtVXfE Maruti Suzuki has dismissed suggestions that indicate small cars are on their way out.The company said that affordable hatchbacks would grow strongly. SUVs capturing over 50% of the market won’t be a threat to hatchbacks.Kenichi Ayukawa, CEO of Maruti Suzuki, downplayed concerns about small cars.He blamed shortages in the supply of components, such as semiconductors, for the fall in sales.Ayukawa said Maruti is working on a series of new cars, including SUVs.