While the mobile wallet industry is emerging at an impressive pace in India, it now is looking actively for the Reserve Bank of India to release interoperability guidelines for the industry. Notably, RBI’s master directions on Mandatory KYC compliance (Issuance and Operation of Pre-paid Payment Instruments) that came in October 2017 had proposed digital wallets […]
The telecom industry organization COAI (Cellular Operators Association of India) on Thursday announced the appointment of Sunil Sood as the chairman of the company who was the Managing Director & CEO of Vodafone India since 2015. Ajai Puri, who has been the Chief Operating Officer of Bharti Airtel will be the vice chairman of the […]
Microsoft Corporation, the tech giant, announced that it is planning to extend the rights of the European Union’s new data privacy law to its global customers and not exclusively to users from European territory. The law comes after tech companies such as Facebook were found guilty of sharing personal user data to third parties for […]
Micro-Blogging Site Twitter has announced to shut down its TV apps on Roku, Android TV and Xbox from 24 May. The decision to suspension has come after Twitter has already pulled down apps used by the minority of its userbase including “Twitter for Mac”. According to the sources, the suspension has come due to the […]
In an effort to encourage digital transition in rural areas of India, Paytm Payments Banks announced a programme named “Paytm AshaKiran” which aims at educating women hailing from the countryside about financial service and therefore create new employment opportunities in less developed regions of India. The first phase of this programme will consist of collaborating […]
Apple’s market capitalisation topped a record of $934 billion on Thursday making the tech giant come at the verge of becoming the first $1 trillion publicly listed US company which might take over Amazon in the coming times. The iPhone maker also witnessed an impetus after Warren Buffet announced the purchase of 75 million additional […]
Economists from all over the world are busy speculating the consequences of a full-blown trade war and how it will affect the overall economy.Meanwhile, global tensions have been continuously escalating amidst impending trade war between US and China. Trump’s latest stringent move that imposed additional tariffs on of 25 percent over Chinese imports worth […]
Facebook is reviewing its advertising policy amidst the ongoing controversy surrounding the social media platform about the use of third-party data collected by apps and used by firms such as Cambridge Analytica to target specific users. The move comes only a few weeks before the General Data Protection Regulation (GDPR) will come into force in […]
CleverTap, a five-year-old US-based startup founded by three Indians is facing the heat after a pseudonymous researcher alleged that Indian PM Modi’s Namo app was disclosing private information like name, email, mobile number, device information, and location, to servers controlled by the firm without the user’s consent. The hacker & researcher known as Elliot Alderson […]
Indian exports of goods and services, as a percentage of GDP in the September 2017 quarter, was lower than that of September 2005. US President Donald Trump has menaced to impose reciprocal tariffs on Indian goods, if the government refuse to lower duties on American exports. If the threat is put into practice, it will […]
Recently India’s Prime Minister Narendra Modi was surprisingly full of praise towards blockchain’s development potential and was critical about the need for “rapid adaptation” to this technology. While Governments are usually skeptical about Cryptocurrency, the transparency that blockchain technology offers will surely be beneficial in India which is a victim of 69% bribery rate and was […]
Indian companies have invested nearly USD 3,700 million creating 3,000 jobs in Abu Dhabi over the past decade. This fact was revealed at the recently held Abu Dhabi Week in India 2018. The Investment Forums showcased investment related opportunities in the capital city of UAE and the growing business opportunities in the region. India currently ranks 5th in terms of FDI into Abu […]