During the last financial year in the country, frauds related to online payments increased by more than 400 percent to Rs 14.57 billion. Digital payments have grown rapidly with the introduction of Unified Payments Interface (UPI). With this, users can easily transfer payments from their smartphones. Data from the Reserve Bank of India (RBI) has…
The scope of online payments has increased rapidly in the last few years. Unified Payments Interface (UPI) transactions have created a record in May. Last month, there were 14.04 billion UPI transactions whose value was approximately $20.45 trillion. This is an increase of six percent in terms of volume and four percent in value as…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) has planned to stop scam calls on its mobile network. BSNL will use solutions related to Artificial Intelligence (AI) and Machine Learning (ML) to deal with spam calls. This solution will be presented at the India Mobile Congress to be held next month. BSNL said in a…
Microblogging site Twitter’s Indian rival Koo has laid off about 30 percent of its workers in the last few months. This startup is incurring losses and is also struggling with lack of funding. Koo’s investors include American investment firm Tiger Global. A Koo spokesperson told Bloomberg News that the firm has laid off about 260…
American technology company Google has started manufacturing Pixel 8 in the country. This smartphone was launched in October last year. At the Google for India event, the company’s Senior Vice President (Devices and Services), Rick Osterloh, had said that Pixel 8 will be assembled in India in 2024. However, only selected variants of Pixel 8…
Payment services company Paytm, which has been facing difficulties for the last few months, has seen its share in Unified Payments Interface (UPI) transactions decline for the fourth consecutive month. Paytm’s share in total UPI transactions declined to 8.1 percent in May. In January, the Reserve Bank of India (RBI) had ordered the closure of…
Worldwide popular messaging service WhatsApp has assured to curb international spam calls. The central government has decided to send a notice to Meta-owned WhatsApp regarding this problem. WhatsApp has promised to maintain the privacy and security of its users. WhatsApp said that on its platform, users are given the options to block and report to…
The success of India’s missions in space has increased rapidly in the last few years. In this series, Reusable Launch Vehicle (RLV) will be launched from Chalakere Runway in Karnataka on Friday (22 March). This will be called Pushpak. This is the country’s attempt to enter the reusable rocket segment. This will be Pushpak’s third…
Tech With TG: Technology comes in both small and big packages, but the science of the little things isn’t so easily apparent. In this episode of Tech With TG, we’ll take a detailed look at how the gadgets around us have gotten smaller in size over time. Be it computer or phone, today technology has…
Workers have been laid off from One97 Communications, Paytm’s payment services company. Earlier this year, the Reserve Bank of India (RBI) had ordered the closure of Paytm’s banking unit. Since then the company is facing difficulties. There has also been a huge fall in the share price of Paytm. One97 Communications has said in a…