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  • Odisha Play Key Role In Achieving $5 Trillion | Indian News | Business And Economy | Tech News

    Odisha Play Key Role In Achieving $5 Trillion | Indian News | Business And Economy | Tech News

    Odisha to play the key role in achieving $ 5 Trillion economy

    #Odisha #aluminium #economy
    Odisha to play role in boosting the economy

    Bauxite is the ore from which aluminium is produced. Aluminium is a strategic metal for the country and is quite critical for all the key sectors that will aid in India becoming a $5 trillion economy — right from building and infrastructure to aerospace, electrical distribution and more. There is need for a holistic approach must be adopted for utilisation of India’s abundant bauxite resources and curbing unnecessary imports of this abundant ore. India is ranked fourth in the world in terms of bauxite reserves and has high quality metallurgical grade bauxite deposits with close to four billion tonne reserves. However, these abundant bauxite deposits are largely untapped, and the country is yet to leverage this natural wealth for economic growth and development.

    At the same time, there have been continued imports of bauxite to meet the domestic need of existing and newly established industries. The country continues to heavily import bauxite for its industrial needs causing an estimated forex loss of over $571 million in the last six years alone, whereas Odisha has enormous potential to emerge as a manufacture of the base metal, India is in a unique position to leverage and become a manufacturing nation. However, there are certain regulatory challenges that the sector faces that need to be addressed to ensure that odisha plays a major role in contributing to a self-reliant India, yes there is a potential which is well placed. Sources said, Indian manufactures can import from neighbouring country Thailand but they found difficult to get from inside India, it is need to be addressed by the regulatory .India continues to import aluminium and aluminium scrap thanks to a low import duty. The concern is on, Indian aluminium one of the most expensive metals thereby discouraging manufacturers to source from Ind

    By VARINDIA| 40 views

  • Will there be any law to regulate the use of AI ?

    Will there be any law to regulate the use of AI ?

    #Artificialintelligence, the creation of computer systems that can learn and make decisions without the need for human intelligence, has the potential to revolutionize and foster innovation in business and government. AI has been improving for a while. It just didn’t have a user interface that most people could utilise.

    Applying #AIchatbots to lifestyle modification programs is one of the promising areas to develop cost-effective and feasible behaviour interventions to promote physical activity and a healthy diet. For instance, businesses are creating AI to help people manage their houses and let the elderly live in their homes for longer. AI is applied in many aspects of modern life, including self-driving cars, digital assistants, and healthcare technology.

    There are no particular data protection rules in India, Sections 43A and 72A of the Information Technology Act protect personal data. Similar to GDPR, it provides a right to compensation for unauthorized disclosure of personal information.

    Now, the emergence of ChatGPT threatens to upend the employment market with more complex, human-like writing, so the remarks have greater weight. Experts have cautioned about the dangers of unchecked AI development. Artificial intelligence is “much more deadly” than the so-called Dark Web usage.


    Even though AI is enhancing healthcare, connecting people in new ways, and drastically increasing productivity, when applied incorrectly or irresponsibly, AI might result in employment losses, prejudiced or racist outcomes, etc.

    AI chatbots have become increasingly integrated into various digital communications. Many national governments have already established artificial intelligence laws and regulations about how data should and shouldn’t be used and gathered, albeit they are occasionally ambiguous. When discussing AI regulation and how it should be implemented, governments frequently collaborate with significant corporations.

    By VARINDIA| 19 views

  • Advertisement spending

    Advertisement spending

    The Growth in #advertisingmarket is expected to slow significantly to just 2.6% in 2023: The new projections, based on data from 100 ad markets worldwide, amount to a downgrade of 4.3 percentage points to 2022 growth and 5.7 percentage points to 2023’s prospects, compared to WARC’s previous global forecast in December 2021 – a reduction of close to $90 billion in potential growth over the two years.

    With the Social media’s $40bn shortfall amid slowing growth WARC expects the impact of Apple’s privacy measures on social media companies that rely on cross-site tracking will be in the region of a $40 billion hit to their bottom lines over the course of this and the coming year. Most are expected to see far less growth than they are used to over the forecast period. Overall, social media is expected to rise 11.5% in 2022 (compared to +47.1% in 2021) before cooling to just 5.2% – its slowest ever period of growth.

    #Meta recorded its first annual decline in advertising income during Q2 2022 and WARC believes its full year growth will be flat over the forecast period, as the Instagram platform stymies ongoing losses from the core Facebook platform this year and next.

    YouTube’s fortunes have also proven vulnerable to privacy changes on Apple devices; WARC believes that YouTube’s advertising revenue will rise 7.3% this year (compared to +45.9% in 2021), but that its growth will then ease to 5.6% in 2023.

    With the growth rate of global output now set to halve and acute supply-side pressures fanning inflation, the economic slowdown has removed close to $90 billion from global ad market growth prospects this year and next”. Economic uncertainty and block on third-party cookies will lead to a slowdown, according to WARC, as it downgrades previous expectations.

    Yet brands are still spending as the Covid recovery continues, and global ad trade remains on course to top $1 trillion in value by 2025. Platforms with rich sources of first-pa

    By VARINDIA| 24 views

  • It’s time to Focus on creating ‘work’ opportunities’

    It’s time to Focus on creating ‘work’ opportunities’

    The Covid-19 pandemic and the pathogen’s steady stream of variants have brought unprecedented disruption in the workplace and forced many professions to adopt technology. It also brought to the fore the fact that not every work or job required occupying space in an office. If we look at the global employment figure of around 3.33 billion, around 2 billion people operate in an informal employment mode; of this, the gig economy is already touching 200 million. Gig economy today ranges from ride-sharing, deliveries, home-services, beauty and wellness to even gig-work in the hi-tech space such as coding, project management, marketing, fintech, pharma, edu-tech and so on. Even MGNREGA, technically, is another form of gig work. The prime minister recently mentioned that 800 million people in India received free ration and benefited from the Pradhan Mantri Garib Kalyan Anna Yojana. This also indicates that a vast section of the population is still vulnerable, and we need to work harder to create more work opportunities for their livelihood. With the advent of internet and smartphone penetration, the gig economy started to grow, and due to its flexible and participatory nature, it gave the freedom and opportunity for workers to choose days/hours one wanted to engage to earn. However, one concern that kept everyone awake was social coverage and safety.

    The ministry of labour has demonstrated India’s progressive outlook and is the first to acknowledge the growing number of workers associated with the unorganised sector and gig by extending social security benefits to them. Almost all notable start-ups operating in the gig economy space provide the gig workers with some form of social security cover like insurance and other benefits, and have often supplemented these provisions with additional voluntary provisions in many cases. The Social Security Code 2020 aims to provide social security for unorganised workers, gig workers and platform workers besides making provis

    By VARINDIA| 23 views

  • Storage is a key component of digital transformation

    Storage is a key component of digital transformation

    Data Management is at the core of every business. It comprises hard facts about data from collection, unification, quality, and enrichment to maintenance, integration, and dissemination, data management critically influences Digital Transformation. A report says that more than 80% of companies plan to accelerate their Digital Transformation. Digital transformation initiatives have been accelerated by the Covid pandemic, as organisations have been forced to intensify digital channels to their workforce and customers. Storage is a key component of digital transformation. It may not look the same as it once did – with the rise of the cloud and architecture-morphing high-performance media – but the need to store and access data remains. Data storage is at the foundation of every digital transformation, cloud computing and data science application today. Any company starting its infrastructural data roadmap or advancing its digital transformation needs a secure, flexible and easy place to store its data. Digital transformation (also called as DX or DT) leverages technologies to create value and new services for various stakeholders (i.e., customers in the broadest possible sense), innovate and acquire the capabilities to rapidly adapt to changing circumstances.

    Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accelerating impact across society in a strategic and prioritized way, with present and future shifts in mind. The DX strategy aims to create the capabilities of fully leveraging the possibilities and opportunities of new technologies and their impact faster, better and in a more innovative way in the future. A digital transformation journey needs a staged approach with a clear roadmap, involving a variety of stakeholders, beyond silos and internal/external limitations. This roadmap tak

    By VARINDIA| 15 views

  • Crypto exchanges are popular targets for cyber attackers

    Crypto exchanges are popular targets for cyber attackers

    Cryptocurrency exchanges have become a popular target for cyber criminals. Cyber criminals often deploy ransomware attacks by running code to encrypt data and then demanding payment in the form of cryptocurrency to release it. Since its launch in 2009, Bitcoin has become the world’s best-known and most popular cryptocurrency exchange, with more than 81 million users worldwide. Because Bitcoin lives in the digital world, Bitcoin users can send it anywhere in the world without any banking infrastructure or exchange fees, fostering peer-to-peer financial transactions. As identities can be hidden in Bitcoin wallets, it is the obvious choice for cyber criminals to get what they want and remain anonymous. There are an estimated 106 million people worldwide who now use cryptocurrency exchanges. Created 13 years ago, the first cryptocurrency, Bitcoin, was relatively unheard of for the first years of its existence, only used by a small group who sought to retain a level of transactional anonymity. The second cryptocurrency was not created until two years later, but as of January 2022, there are over 8,000 different cryptocurrencies.

    There is growing innovation from attackers in the space of cryptocurrency exchange attacks. Consumers, businesses and governments are finding new ways to use cryptocurrency, but a recent string of cyber-attacks has highlighted security risks and shortcomings. There is rising concern that “there will be a hack and my money will vanish”. According to blockchain analysis firm Chainalysis, the total value of cryptocurrencies held by illicit wallet addresses worldwide soared by 79% last year to $14 billion from $7.8 billion in 2020. Crypto investors lost over $2.8 billion globally to various crypto scams in 2021. Illicit address refers to wallets used for cyber-attacks, Ponzi schemes and other scams. In many instances, cybercriminals use channels such as WhatsApp and Telegram to scam young crypto owners with the promise of doubling their mo

    By VARINDIA| 13 views

  • India is preparing for the edge powered 5G revolution

    India is preparing for the edge powered 5G revolution

    5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. India is at the cusp of a digital revolution that has the potential to radically transform our daily lives. It enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. Internet speeds in the high-band spectrum of 5G has been tested to be as high as 20 Gbps, while, in most cases, the maximum internet data speed in 4G has been recorded at 1 Gbps. With the evolution of technology doctors can monitor your health remotely. Imagine AI-enabled drones monitoring agricultural land, construction sites, defense areas, and generating reports in real-time. All this would be enabled through 5G communication. 5G will push us into a world of interconnected networks, devices, and applications where each activity will become a potential attack vector. It will give a strong impetus to new technologies like the Internet of Things, Augmented Reality, Virtual Reality, Artificial Intelligence, etc. 5G will usher a hyper-connected world by connecting billions of IoT inclusive hackable smart devices. The dynamic nature of 5G will expand the potential source points for cyber threats. Low-cost, short-range, small-cell antennas deployed throughout urban areas will become the new hard targets. These cell sites will use 5G’s Dynamic Spectrum Sharing capability in which multiple streams of information share the bandwidth in so-called “slices” with each slice embedding its own varying degree of cyber risk.

    The 5G connections in India are likely to touch 88 million by 2025, according to GSMA. With the Indian service providers conducting 5G trials and tests, India is at an exciting point in its journey toward 5G. The country is all set to conduct a 5G spectrum auction in the coming year. A survey reveals, several operators around the world are designing their 5G offerings to incorporate cloud ga

    By VARINDIA| 11 views

  • The global VPN market is predicted to reach over $107.5 billion by 2027

    The global VPN market is predicted to reach over $107.5 billion by 2027

    #Apple #VPN #CCI

    VPN market to witness a good growth



    Virtual Private Networks (VPNs) are used all over the world to provide people with encrypted connections to the internet. A VPN is a piece of software that creates a secure (encrypted) internet connection – also known as a “VPN tunnel” – between your device and the website or app you are trying to reach. When you use a VPN, your standard internet connection is redirected via a secure VPN server before connecting to the wider Internet. Once you connect to a secure VPN server, your internet traffic goes through an encrypted tunnel that nobody can see into, including hackers, governments, and your internet service provider. Consumers use VPNs to keep their online activity private and ensure their internet experience is free from outside interference and most of the enterprises are using VPNs to connect far-flung employees as if they were all using the same local network at a central office, but with fewer benefits for individuals than a personal VPN. Using a VPN, changes your IP address, the unique number that identifies you and your location in the world. This new IP address will make you appear to be in the location you select when you connect: the UK, Germany, Canada, Japan, or virtually any country, if the VPN service has servers there. Changing your IP address with a VPN helps shield your identity from websites, apps, and services that want to track you. Good VPNs also prevent your internet provider, mobile carrier, and anyone else who may be listening from seeing your activity, thanks to a layer of strong encryption.

    VPNs can help secure data, since, encryption is a way of scrambling data so that only authorized parties can understand the information. It takes readable data and alters it so that it appears random to attackers or anyone else who intercepts it. In this way, encryption is like a "secret code''. The Virtual Private Network (VPN) – Global Market T

    By VARINDIA| 16 views

  • The Mystery behind the Spyware company NSO

    The Mystery behind the Spyware company NSO

    #CCI #Amazon #FutureCoupons

    The NSO Group

    NSO Group Technologies (NSO standing for Niv, Shalev and Omri, the names of the company's founders) is an Israeli technology firm primarily known for its proprietary spyware Pegasus, which is capable of remote zero-click surveillance of smartphones. It was founded in 2010 by Niv Karmi, Omri Lavie, and Shalev Hulio. It employed almost 500 people as of 2017, and is based in Herzliya, near Tel Aviv, Israel. NSO Group has several subsidiaries by the name of Q Cyber Technologies group of companies. It is positioned as a global leader in the world of cyber-intelligence, data acquisition, and analysis. Q Cyber Technologies is the name the NSO Group uses in Israel, OSY Technologies in Luxembourg-based subsidiary of NSO Group in North America, holder of intellectual properties and it has a subsidiary formerly known as Westbridge. It has operated through several companies around the world to expand its presence. The Pegasus spyware is classified as a weapon by Israel and any export of the technology must be approved by the government. With the help of the subsidiaries the company has made its footstep strong across the globe and it has been proved that the NSO iPhone malware builds a computer inside the memory of an iPhone to steal data, allowing attackers to snoop and steal data. The software is capable of stealing sensitive data and sitting undetected for months or even years, researchers at Google have revealed. Hence, industry says that any country possessing the software has come with the consent of the respective governments.

    Pegasus allows a user to read data from smartphones and spy via their microphones and cameras. The spyware was used to attack a small number of Apple users worldwide with dangerous malware and spyware and it is one of the most powerful and concerning to date, according to security experts. Apple filed a lawsuit against NSO Group and its parent company to hold it accountable f

    By VARINDIA| 9 views

  • Most Indian firms to increase cybersecurity budget in 2022, says PwC

    Most Indian firms to increase cybersecurity budget in 2022, says PwC

    A majority of Indian organisations (80 per cent) are likely to increase their cybersecurity budget in 2022. As per the PwC's 2022 Digital Trust Insights Survey, the risk landscape is continuously evolving and organisations are investing more than ever in cybersecurity to manage their risks. As the business environment becomes more complex due to the interconnectedness of systems and information, the impact of a risk event is not limited, rather it has a domino effect with high consequences. Organisations are therefore gearing up to implement robust cybersecurity practices and controls to manage these risks. Moreover, 41 per cent of organisations in India predict double-digit growth in their cyber budgets in 2022, as against 26 per cent organisations globally," the survey said. The 2022 Global Digital Trust Insights is a survey of 3,602 business, technology, and security executives (CEOs, corporate directors, CFOs, CISOs, CIOs, and C-Suite officers) based in various regions. The India edition of the global survey report focuses on the responses of the executives of 109 Indian businesses.



    The survey further said organisations have invested in a multitude of cybersecurity tools and technologies to manage their cyber risks. However, these technologies are not utilised to their maximum potential for making intelligent and informed cyber risk management decisions, it added. It also showed that four out of 10 organisations have either initiated the implementation or are planning to invest in cybersecurity by focusing on areas such as customer identity and access management, zero trust architecture, managed security services, cloud security and endpoint security. As per the survey, to date, only 25% of respondents in India have realised the benefits of their cyber investments. Experts revels that, with rising digitisation, businesses have been compelled to rethink and reconfigure their cybersecurity objectives, which have become more complex.

    By VARINDIA| 19 views

  • Cyber Insurance is just like jumping from the frying pan to fire

    Cyber Insurance is just like jumping from the frying pan to fire

    #ChiefJusticeofIndia #reservation #CyberInsurance

    Cyber Insurance - Good or bad??

    Does Cyber insurance protect your organisation’s data? We have witnessed most of the governments, organizations and people have been threatened by cyberattacks and data breaches. The attacks since then have grown to be more sophisticated causing severe monetary and reputation loss for organizations. Taking stock of the growing numbers and scale of recent cyberattacks, a global survey ‘The State of Ransomware 2021’ conducted by cybersecurity firm Sophos, states that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from 761,106 dollars in 2020 to 1.85 million dollars in 2021 globally. In comparison, the survey found that in India, the approximate recovery cost from the impact of a ransomware attack tripled in the last year, up from 1.1 million dollars in 2020, to 3.38 million dollars in 2021. A global threat report says, cyberattacks top the list of human-caused risks globally, and research has predicted that cybercrime may cause damages worth 7 trillion dollars by the end of this year.

    Facing the daunting prospects of major financial fallout from a cyberattack, CXOs around the world have turned to cyber insurance. Several companies have opted for cyber insurance to seek protection against huge financial losses. On the flipside, several hacking groups are now seeing this as a lucrative opportunity to launch cyberattacks against organizations that are backed by insurance companies. In fact, these groups brazenly display details about the company’s cyber insurance cover page and demand the ransom to be paid up since they are insured. Hence, having cyber insurance might cover an organization from monetary loss but it cannot protect it from leakage of confidential data and reputation loss across the industry. Organizations need an array of resources to protect themselves against cyberattacks by stringent cybersecurity

    By VARINDIA| 15 views

  • Data security and privacy are top priorities while using digital banking

    Data security and privacy are top priorities while using digital banking

    #China #Pegasus #Google

    Data Security & privacy - top priorities

    Data security and privacy are top priorities while using digital banking following the Covid-19 pandemic. In the coming days banks are expected to launch more cyber-security and privacy features. The sharp rise in the number of scams during the pandemic has contributed to this fear. The scammers and fraudsters potentially have access to some of the data which has been lost over the last few years, now they are combining this with social engineering skills. The increased sophistication and targeted attack brings consumers and Banks at risk, now banks also finds difficulty to differentiate between good and bad actors. There is urgency for banks to increase their digital transformation, and do so at pace. “On the digital transformation side we can see financial institutions moving to cloud, including industry-specific cloud, as well as adopting emerging technologies like artificial intelligence (AI) or data analytics, and overall, much cleverer solutions end to end in the context of security. Quite often that means that financial institutions will need to use trusted solutions from third parties, and do that at pace so they don't have to spend 12-24 months validating those solutions.

    The pandemic pushed more customers towards digital banking, bringing these concerns to the forefront. A survey found a 15% drop in customers visiting physical bank branches after the first lockdown ended. However, despite this, YouGov also found that only 15% of respondents had a digital-only bank account. The pandemic acted as a catalyst on both sides, on the consumer side for adopting digital services, and on the bank side, because branches were shut, they had to find more innovative ways to enhance self-service channels. Additionally, younger groups were more likely to be interested in AI being incorporated in their banking. One element of this AI service is chatbots and other text-base

    By VARINDIA| 13 views

  • Right partnerships will be at the forefront of innovation

    Right partnerships will be at the forefront of innovation

    #PMModi #13thBRICSSummit #FordIndia

    Pandemic has changed the style of every sector. There has been a digital revolution that is adapted by every industry. Connections, conversations and even commerce have shifted to online. Today eight of ten companies are tech and digital companies. Also, the recent advent of 5G and other innovations in the tech industry is paving the way and helping many sectors to grow by giving quick services due to easy accessibility and availability solutions. 96%of companies are either already or considering co-creation with vendors to develop new digital products and services for sustainability and efficiency. 65% of global GDP will be digitized by 2022, creating challenges and opportunities. 61% of partners believe that COVID-19 was a driver for their customers’ digital transformation. IDC is predicting $6.8 trillion of direct investments in digital transformation from 2020 to 2023. With 65% of GDP predicted to be digitized by 2022, partners can move faster and stay ahead of the curve by co-innovating and developing cutting-edge solutions fit for the new digital and electric future.



    The biggest opportunities lie in the construction industry due to greater investment in making buildings smart. Commercial buildings account for a significant proportion of overall energy use and emissions production, thus significant savings of up to 30% can be made by reducing energy wastage. IoT is a growing market, which has only increased since the beginning of the pandemic. Research from IDC has found that the energy sector is planning on investing the most in this technology (90%), far beyond the investments planned by the manufacturing sector (80%) and retail and wholesale (75%). The main challenges that these sectors face are all very similar: costs, complexity of deployment and security. This shows that companies are thinking about IoT solutions as part of their overall business strategy in order to harness the data and i

    By VARINDIA| 9 views

  • Digital skills are shaping up the future talent and the workforce

    Digital skills are shaping up the future talent and the workforce

    #AirtelPaymentsBank #Chime #IndianCyberCrimeCoordinationCentre

    We are living through a fundamental transformation in the way we work. Automation and 'thinking machines' are replacing human tasks, changing the skills that organisations are looking for in their people. Digital technologies demand that people acquire new skills. And people are demanding new ways of working. At the same time, digitally fluent organizations capture strong returns in innovation, people experience and customer value. We can’t deny the fact that digital transformation is less about technology and more about people. You can pretty much buy any technology, but your ability to adapt to an even more digital future depends on developing the next generation of skills, closing the gap between talent supply and demand, and future-proofing your own and others’ potential.


    As the world races towards greater digitisation, accelerated since the global pandemic hit, new and disruptive forms of engaging with technology are becoming commonplace in many parts of our lives – including in our work and careers. Digital skills are now essential in every sector, and the ability for organisations to foster continued learning in the workplace will prove crucial in future-proofing career paths – and ensuring business health and longevity. With this more and more organisations are encouraged to adopt, deploy and use digital technologies, including data analytics and Artificial Intelligence tools, it is important and should ensure that people are equipped with the skills they need to thrive in the future. Everyone should have the skills and confidence to make the most of the
    opportunities digital technology can bring. Going forward, the workplace and workforce of the future take shape, with changing roles, relationships and demands. There has been a rapid shift towards remote work, innovation and automation, enabled by the ubiquity of technology and the digital economy.

    By VARINDIA| 30 views

  • India fintech investments were up 25% for the first half this year

    India fintech investments were up 25% for the first half this year

    #Generalinsurance #ransomware #NarayanaMurthy

    India’s fintech market valued at $31 billion



    India’s fintech market is now valued at $31 billion rated the world’s fastest growing – 67% of the more than 2,100 fintech entities in operation have been set up in the last five years. Bengaluru and Mumbai are where most fintech companies have their India headquartered – as they are the country’s technology and financial hubs. With this rate of investment it is projected to grow to $84 billion by 2025. Growth equity momentum surged, with $15 billion in investments in H1 2021, 50% higher than the whole of 2020 and three times the deal value in the first half of 2020. Exit momentum also spiked in H1 2021, with a total exit value of $12 billion, four times that of the year-ago period. Despite a severe second wave earlier this year, 2021 has turned the corner, with unprecedented stock market gains on the back of strong recovery forecasts, robust foreign institutional investor inflows, and Covid-19 vaccine approval and administration.

    The sectors of consumer technology, IT/SaaS, BFSI, and healthcare dominated the first half of 2021, contributing to 80% of the total investments. Secondly, outright buyouts continued to decline, especially as investment focus shifts heavily to consumer technology and SaaS, where minority investments are the norm. Within consumer technology investments, vertical e-commerce, edtech, fintech, and foodtech attracted the largest investments, driven by a continued investor interest in at-home services. Investments in IT/SaaS also grew 375% year-on-year in the first half of 2021, as Covid-19 accelerated the need for digitisation and cloud adoption across firms. Within BFSI, investor interest in insurance spiked, driven by a changed risk perception across individuals and businesses due to Covid-19. The healthcare sector has seen tremendous growth in the first half of 2021, with a year-over-year investment uptick of abo

    By VARINDIA| 17 views

  • Digital transformation is shaping up the payments industry

    Digital transformation is shaping up the payments industry

    #PaymentsIndustry #Amazon #NewITrules
    Payments industry is indicative of innovations



    Technology plays a catalytic role in the digital transformation which has also influenced the payments industry. Enterprises across industries are embracing innovative digital tools in an attempt to better understand customers and offer them a seamless and safe payments experience. The shift in the financial services space has been seismic as financial institutions that traditionally enabled the payments economy are no longer required to carry out financial transactions. Digital transformation has encouraged regulators, innovators, and providers to focus on cyber and data security.



    It is imperative that innovation in the payments space goes hand-in-hand with security and necessary initiatives are taken to safeguard consumer data and interest. The digital backbone of the world’s second-most-populous country and largest democracy has continued to develop and create a fertile environment for innovation. The growth in the digital payments industry is indicative of the widespread impact of innovations. With ongoing technology disruptions, cloud will continue to evolve into a combination of hybrid and multi-cloud, driving greater choice for users. A report says, India reported 25.5 billion real-time payments transactions ahead of China’s 15.7 bn transactions in 2020. The report further noted that transaction volume share in India stood at 15.6% and 22.9% for instant payments and other electronic payments, respectively while paper-based payments had a considerable share of 61.4%.


    Today's Headline in NewsHours
    0:00 Intro
    1:56 #Amazon suffers massive outage globally
    2:32 #NewITrules will empower users, says #AshwiniVaishnaw
    3:09 #CCI gives clean chit for #SoftBank $450 million investment in #Swiggy
    3:47 High-speed #solarstorm expected to hit Earth's magnetic field to disrupt #GPS, #phonesignals
    4:3

    By VARINDIA| 11 views

  • एक Week के अंदर Google पर दूसरी बार लगा जुर्माना, Google की मनमानी पर नकेल, लगी 935 करोड़ की Penalty

    एक Week के अंदर Google पर दूसरी बार लगा जुर्माना, Google की मनमानी पर नकेल, लगी 935 करोड़ की Penalty

    #google #CCI #googlenews

    एक Week के अंदर Google पर दूसरी बार लगा जुर्माना, Google की मनमानी पर नकेल, लगी 935 करोड़ की Penalty
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    एक Week के अंदर Google पर दूसरी बार लगा जुर्माना, Google की मनमानी पर नकेल, लगी 935 करोड़ की Penalty

    By PunjabKesari TV| 43 views

  • Harish Rao Fires On Modi Govt | Restore Adilabad's Cement Corporation of CCI | Top Telugu TV

    Harish Rao Fires On Modi Govt | Restore Adilabad's Cement Corporation of CCI | Top Telugu TV

    Harish Rao Fires On Modi Govt | Restore Adilabad's Cement Corporation of CCI | Top Telugu TV
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  • Jeff Bezos से मोदी सरकार की नाराजगी के पीछे व्यापारी प्रदर्शन नहीं ये है असली कारण

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    पियूष गोयल का ये बयान आया उन सात करोड़ स्थानीय व्यापारियों के हितों को लेकर जो बड़ी ई-कॉमर्स कंपनियों की ग़लत नीतियों की वजह से नुक़सान झेल रहे हैं. अमेज़न और फ़्लिपकार्ट जैसी कंपनियों के ख़िलाफ़ प्रदर्शन करने वाले संगठन 'कन्फ़ेडरेशन ऑफ़ ऑल इंडिया ट्रेडर्स' ने गोयल के इस बयान की तारीफ़ की है और कहा है कि इससे पता चलता है सरकार भी हमारे इस मुद्दे को लेकर संवेदनशील है।

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    Amazon के संस्थापक Jeff bezos को भारत आते ही झटका

    जी हां अपने ऑनलाइन पोर्टल पर आपको सस्ते मोबाइल और अन्य उपकरण व सामान बेचने वाली देश की दो सबसे बड़े ई-कॉर्मस पोर्टल अमेजन और फ्लिपकार्ट के खिलाफ कंपटीशन कमीशन ऑफ इंडिया ने जांच शुरू कर दी है। ये जांच अगले 60 दिन में पूरी होगी और जांच पूरी होने के बाद सीसीआई इस मामले में फैसला सुना सकता है।

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    Watch Amazon के संस्थापक Jeff bezos को भारत आते ही झटका With HD Quality

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    भारी डिस्काउंट देकर ग्राहकों को आकर्षित करने का अमेजन और फ्लिपकार्ट का प्रयास अब प्रतिस्पर्धा नियामक की नजरों में आ गया है। प्रतिस्पर्धा नियामक यानी Competition Commission of India ने बिक्री मूल्य में भारी छूट और पसंदीदा विक्रेताओं के साथ गठजोड़ समेत अन्य गड़बड़ी के आरोप में अमेजन और फ्लिपकार्ट के खिलाफ जांच के आदेश दिए हैं। यह मामला प्रतिस्पर्धा कानून के कथित उल्लंघन से जुड़ा है। दरअसल, दिल्ली व्यापार महासंघ ने इस बारे में प्रतिस्पर्धा नियामक को शिकायत की थी। इसके बाद जांच का आदेश दिया गया है। दिल्ली व्यापार महासंघ के कई सदस्य स्मार्टफोन और उससे जुड़ी चीजों का कारोबार करते हैं।

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