The trial of the country’s digital rupee or e-rupee is progressing rapidly. 50 lakh users have joined it. The trial of digital rupee is being done in collaboration with 16 banks. This Central Bank Digital Currency (CBDC) was launched in December 2022. CBDC is also being trialled in some other countries. Reserve Bank of India…
Markets regulator SEBI has issued a show cause notice to the founder and other board members of financial services company Paytm for alleged irregularities in the company’s initial public offering (IPO) launched about three years ago. In this notice, a reply has been sought for giving incorrect information of facts. Paytm founder Vijay Shekhar Sharma…
Infosys, one of the big software companies, had to face criticism for postponing the joining of new graduates. Recently, the company had issued offer letters to these freshers. A union of software workers has warned that if the joining date of freshers is postponed, then protests will be held against the company. A media Report…
The use of Artificial Intelligence (AI) has increased rapidly in the last few years. However, doubts have arisen about the business prospects of this segment. Due to this, the share price of American tech company Nvidia, associated with the AI segment, fell sharply on Tuesday. Its share price has fallen by about 9.5 percent. This…
Video streaming service YouTube has increased the price of its Premium service in the country. The rates of all subscription plans of this ad-free service have been increased. These include individual, family and student subscription plans. In this service, users get features like ad-free video streaming, facility to watch videos or listen to music in…
U&i announced the launch of its new Carnival Series Wireless Portable TWS Speaker in India. This speaker claims to deliver 40W sound output. It comes with a compact design and the company says that it can be used as a TV soundbar as well as for indoor or outdoor activities. It has Bluetooth version 5.3,…
The world’s leading tech company Apple is increasing its manufacturing in India. The people of the country are directly benefiting from this. According to a report by The Economic Times, Apple’s growing operations in India are expected to create 6 lakh jobs by the end of this financial year. The company is increasing production in…
The Paralympics 2024 Games are going to start in Paris today i.e. Wednesday, 8 September. After India’s performance in the Paris Olympics was not very good, the hopes of medals have started once again. The Olympic Indian team managed to get only 6 medals, which included 5 bronze and only one silver, India did not…
Xiaomi has launched the Mijia H40 Robot Vacuum Mop in its domestic market, which, according to the company, is a state-of-the-art cleaning solution. It has an anti-tangle main brush with 6000Pa suction power, which claims to clean human hair as well as pet hair with ease. The device comes with a special cleaning mode to…
American devices maker Apple has laid off about 100 workers from its digital services group. This includes some engineering workers as well as the teams of Apple Books app and Apple Bookstore. There have also been layoffs in the team running Apple News. Bloomberg’s report quoted sources with knowledge of the matter as saying that…