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AI and technology to commoditize the fintech Industry
The last few years have witnessed an unprecedented boom of the fintech sector, due to the rapid digitization of finance-related processes such as payments, lending, wealth management, insurance, and more. Globally and in India, established financial institutions and start-ups alike are driving the adoption of fintech solutions through product innovation, continued investments and industry partnerships.
Govt-led initiatives like setting up the NCPI, #DigitalIndia Programme and Jan Dhan Yojana are contributing to the industry’s growth, resulting in wide-scale adoption among both individuals and businesses. Moreover, advancements in automation, AI and Blockchain technologies are expected to further transform customer experience and product offerings.
#Artificialintelligence and other technologies are playing a major role in the commoditization of fintech. This is because AI-powered solutions are making it possible to automate many of the tasks that were once done manually by financial professionals. This automation is leading to a number of benefits, including: Reduced costs, Improved efficiency and Enhanced customer service.
Today's Headline in NewsHours
0:00 Intro
2:55 #Foxconn subsidiary planning to invest $200 million to set up electronic components plant in Tamil Nadu
3:30 #GST Council to decide on tax issue of online gaming on August 2
4:02 #Meta updates Threads app and introduces the new ‘Following’ feature
4:30 Google, OpenAI and others form industry body to safeguard AI models
5:05 #BlackRock inks deal with Jio Financial Services to enter India’s asset management industry
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https://www.linkedin.com/company/14636899/admin/By VARINDIA| 48 views
Data-driven decision-making | Effective Data-Driven Decision-Making |
Data is a powerful tool that can help reduce uncertainty and drive better decisions. In today's data-driven world, decision-making based on data has become increasingly important. By analyzing data, organizations can gain valuable insights into their operations, customers, and markets, which can lead to better decision-making and more informed business strategies.
78% of Indian Business Leaders Believe Data Reduces Uncertainty and Drives Better Decisions and 8 in 10 Indian business leaders say data is critical in decision-making at their organisation today. However, they also cite challenges in using it — 38% of business leaders lack understanding of data because it’s complex or not accessible enough.
Today's Headline in NewsHours
0:00 Intro
2:58 #MicrosoftEdge 'Leaking' User Browsing History to Bing API site
3:32 Finance ministry to consider different GST rates for online gaming
4:05 #Wikipedia owner fined by Russian court for failing to delete article on Ukraine war
4:30 Warner Bros. Discovery and Viacom18 announce exclusive content partnership with JioCinema
5:03 Indian Army raising new units to counter China, Pak in cyber warfare
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#datadriven #data #datascience #database #dataanalytics #datavisualization #rb #dataviz #datascientist #bigdata #datamining都會用到此項程式語言 #machinelearning #artificialintelligence #datasecurity #databases #dataanalysis #datacenter #ai #deeplearning #dataprotection #analytics #datarecovery #databasemanagementsystemBy VARINDIA| 23 views
Tech companies in race for reinventing AI
Several tech companies are in a race to reinvent #artificialintelligence. AI has become an increasingly important technology in recent years, and there is a growing demand for more advanced and sophisticated AI applications across various industries.
Some of the largest tech companies in the world, such as #Google, #Microsoft, Amazon, and IBM, are heavily investing in AI research and development. These companies are developing new AI algorithms, improving existing ones, and exploring new applications of AI.
There is also a growing trend towards developing more specialized AI systems that are designed for specific industries or use cases. For example, healthcare companies are developing AI systems for disease diagnosis and drug discovery, while financial institutions are using AI for fraud detection and risk management.
Generative AI is slated to become the “next big thing,” transforming how people work in both corporate and personal settings. Realising its potential, companies are racing to integrate the technology into their products.
Today's Headline in NewsHours
0:00 Intro
2:34 C-DoT says Rs 700 crore corpus available to fund startups
3:07 #Oppo Mobiles India's finance manager face charges for Income Tax fraud
3:40 #ChatGPT gets plugin support
4:10 Centre takes on Ola, Uber with zero-commission ride hailing services on ONDC
4:45 #WhatsApp users can now use their account on 4 devices at the same time
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Tech companies in race for reinventing AIBy VARINDIA| 27 views
Worldwide Device Shipments to Decline 4% in 2023
The depressed economic market will continue to dampen demand for devices throughout 2023. In fact, end-user spending on devices is projected to decline 5.1% in 2023. Experts say, iust as business confidence was beginning to recover after the worst of the pandemic, it has now fallen significantly in most regions. We do not expect relief from inflation and the bottom of the recession to occur until the fourth quarter of 2023.
The downward trend affecting the devices market will lessen in 2023 on the expectation of a less pessimistic economic outlook through 2023, eventually increasing consumer and business spending.
Secondly, PC shipments will continue to record the worst decline of all device segments in 2023. PC shipments are estimated to decline 6.8% in 2023, after a 16% decline in 2022.
Through 2023, PC vendors will reduce inventory levels and Gartner analysts expect PC inventory levels will return to normal by the second half of 2023 after significantly increasing in 2022. “Inventory levels increased due to vendors overestimating market demand and because of the collapse in consumer confidence and dramatic fall in demand,” say experts.
In 2022, while many business PCs could upgrade to the Windows 10 operating system), many did not. By the end of 2023, Gartner expects more than 25% of business PCs will upgrade to Windows 11. However, Windows 11 will not drive enough sales to reach the same volumes seen between 2020 and 2022. In addition, as high inflation rates and impending recession decrease discretionary spend and budgets, Gartner estimates consumers and businesses will extend their PC and tablet replacement cycles by over 9 months by the end of 2023.
Gartner forecasts worldwide smartphone shipments to decline 4% in 2023. Smartphone shipments are projected to total 1.230 billion units in 2023, down from 1.280 billion units in 2022.
At the same time, consumers are holding onto their phones longer than expecBy VARINDIA| 73 views
Neobanks are partnering to deliver a new experience to India's financial sector
Neobanks are changing the financial landscape through their low-cost offering & technology, giving intense competition to traditional banking. Quoting the statement of Bill Gates, way back in 1994. Banking is necessary, but banks are not. Neobanks are new entrants into the banking industry. They are also known as fintech companies or financial technology companies. A simple example of how they differ from traditional banks is neobanks do not charge any fees for opening an account. Ideally, traditional banks charge a monthly fee for maintaining a budget. It offers a fully digital banking solution at a discounted cost due to the considerable savings in operating costs. This is attributed to zero physical branches & no spending on the workforce to man those branches. Some of the services include international payments, money transfers, or lending credit. Some new banks also partner with neobank to offer the services that help them provide both online & offline banking services. Fintechs have played a significant role in fulfilling this vision. We have witnessed, contactless banking was felt by the people more than ever before. People moved away from traditional banking & physical cash with more & more interest in online banking & wallets. It is estimated that the South Asian nation has 6,386 fintech firms. In total, 28% of them are in investment tech, while 27 percent belong to payments, 16% of them are involved in lending, according to the report. The three segments comprise nearly 70 percent of the fintech industry in India.
Although 9% of fintech companies offer banking infrastructure, the remaining are distributed across different areas such as insurance and Neobanks. India is the fastest-growing digital payments market and firmly on course to emerge as a major less-cash economy. Technology has been a key catalyst, with user-focused advancements aligned to shifts in consumer behaviour. Today, for a contactless payment solution, allBy VARINDIA| 37 views
Future of Edge is promising with demand intensifying
#GST #PM #SAP
Future of Edge is promising
Many businesses rely on the cloud for agility, cost savings, and scalability. And most companies, use multiple clouds to support a variety of business functions and
develop new capabilities that keep your organization competitive and differentiated. The question is how to ensure that the cloud technologies enabling the businesses aren’t also introducing security risks, impacting customer experience, or accumulating more expenses than anticipated? The State of the Edge is shaping the future of all facets of just edge computing and the ecosystem that surrounds it. Edge is one of the hottest topics in technology right now. An increasingly distributed society and workforce as well as reliance on digital interactions have driven edge to the forefront of conversation as businesses face challenges with security and delivery of the digital services that connect us all.
Today, new categories of users access applications from anywhere and everywhere. With these trends, the edge is ripe for solutions that tap on machine learning and AI. More powerful computer also provides an opportunity to incorporate endpoints and edge computing in new ways. Edge facilities will also create new types of interconnection. Similar to how data centres became meeting points for networks, the micro data centres at wireless towers and cable head-ends that will power edge computing often sit at the crossroads of terrestrial connectivity paths. These locations will become centres of gravity for local interconnection and edge exchange, creating new and newly efficient paths for data. Going forward, 5G, next-generation SD-WAN, and SASE have been standardized. They are well suited to address the multitude of edge computing use cases that are being adopted and are contemplated for the future. As digital services proliferate and drive demand for edge computing, the diversity of network performance requirements willBy VARINDIA| 17 views
CG News : GST ने फिर किया हलाकान, नए नियम पर व्यापारिक संगठन का विरोध | BJP | Congress
CG News : GST ने फिर किया हलाकान, नए नियम पर व्यापारिक संगठन का विरोध | BJP | Congress
#cgnews #GST #raipur #chattisgarh #inh24x7 #Haribhoomi #MadhyaPradeshNews #ChhattisgarhNews #LatestNews #BreakingNews #TodayNews
Source : ANI \ Studio \ INH Reporters \ Agencies
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INH 24x7 WhatBy Inh News| 16 views
GST काउंसिल की दो दिवसीय बैठक का आज दूसरा दिन, वित्त मंत्री निर्मला सीतारमण ने की अध्यक्षता
GST काउंसिल की दो दिवसीय बैठक का आज दूसरा दिन, वित्त मंत्री निर्मला सीतारमण ने की अध्यक्षता
#Khabarfast #47thGSTCouncilMeeting #CMManoharLal #DeputyCMDushyantChautala #BandaruDattatreya
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खबर फास्ट भारत का हिंदी न्यूज चैनल है । खबर फास्ट चैनल हरियाणा, हिमाचल प्रदेश, पंजाब, राजस्थान, उत्तर प्रदेश और हर एक राज्य से जुड़ी खबर से रुबरु कराता है । ख़बर फास्ट न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। खबर फास्ट चैनल की लाइव खबरें एवं ताजा ब्रेकिंग अपडेट न्यूज, प्रोग्राम के लिए बने रहिए- टीवी चैनल्स, सोशल मीडिया (YOUTUBE, FACEBOOK, INSTAGRAM,TWITTER AND WEBSITE)
Khabar Fast is the Hindi news channel of India. Khabar Fast Channel deals with news related to Haryana, Himachal Pradesh, Punjab, Rajasthan, Uttar Pradesh and every state. The Khabar Fast News channel covers the latest news in politics, entertainment, Bollywood, business and sports. Khabar Fast Channel Live news and latest breaking news, stay tuned for the program - TV channels, social media (YOUTUBE, FACEBOOK, INSTAGRAM, TWITTER AND WEBSITE)
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For any information or any suggestion you can alsoBy Khabar Fast| 14 views
वित्त मंत्री निर्मला सीतारमण की अध्यक्षता में GST से जुड़े तमाम मुद्दों पर हो रही चर्चा
GST काउंसिल की 47वीं बैठक जारी, वित्त मंत्री निर्मला सीतारमण ने की अध्यक्षता
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खबर फास्ट भारत का हिंदी न्यूज चैनल है । खबर फास्ट चैनल हरियाणा, हिमाचल प्रदेश, पंजाब, राजस्थान, उत्तर प्रदेश और हर एक राज्य से जुड़ी खबर से रुबरु कराता है । ख़बर फास्ट न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। खबर फास्ट चैनल की लाइव खबरें एवं ताजा ब्रेकिंग अपडेट न्यूज, प्रोग्राम के लिए बने रहिए- टीवी चैनल्स, सोशल मीडिया (YOUTUBE, FACEBOOK, INSTAGRAM,TWITTER AND WEBSITE)
Khabar Fast is the Hindi news channel of India. Khabar Fast Channel deals with news related to Haryana, Himachal Pradesh, Punjab, Rajasthan, Uttar Pradesh and every state. The Khabar Fast News channel covers the latest news in politics, entertainment, Bollywood, business and sports. Khabar Fast Channel Live news and latest breaking news, stay tuned for the program - TV channels, social media (YOUTUBE, FACEBOOK, INSTAGRAM, TWITTER AND WEBSITE)
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वित्त मंत्री निर्मला सीतारमण की अध्यक्षतBy Khabar Fast| 70 views
लोगों पर महंगाई की मार...143 चीजों के बढ़ेंगे दाम! |
#GST #GoodsandSeviceTax #GSTCouncil #HindiNews | #BreakingNews | #Watch | #video |
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Modi Government is transforming India into an Aatmanirbhar economy.
The past seven years of the Modi govt has seen an underlying theme driving the economic policy of the government – growth that is transformative, that is sustainable, that is healthy and equitable, the results of which reach the poorest of the poor.
Know more about the Indian economy's giant strides in the last 5 years.: https://www.narendramodi.in/vikasyatra/details/transformative-economic-growth
#TransformingEconomy #7YearsOfSeva
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Modi Government is transforming India into an Aatmanirbhar economy.By Bharatiya Janata Party Delhi| 109 views
GST collection declines 28% MoM in May 2021, still holds Rs 1 lakh cr-mark for 8th month in a row
The gross Goods and Services Tax (GST) revenue collected in May was at Rs 102,709 crore, the government said on Saturday. Of this, central GST was Rs 17,592 crore, state GST Rs 22,653 crore, integrated GST Rs 53,199 crore crore (including Rs 26,002 crore collected on import of goods) and cess Rs 9,265 crore (including Rs 868 crore collected on import of goods). This is the eighth month in a row that GST revenues have crossed Rs 1 lakh crore mark despite most states been under strict lockdown due to the pandemic.
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GST collection declines 28% MoM in May 2021, still holds Rs 1 lakh cr-mark for 8th month in a rowBy The Economic Times| 375 views
GST collections set new record, hit an all-time high of Rs 1.24 lakh crore in March
The gross Goods and Services Tax (GST) revenue collected in March was at a record of Rs 1.24 lakh crore, touching the highest level since its introduction, the government said on Thursday. Of this, Central GST was Rs 22,973 crore, State GST Rs 29,329 crore, Integrated GST Rs 62,842 crore (including Rs 31,097 crore collected on import of goods) and cess Rs 8,757 crore (including Rs 935 crore collected on import of goods).
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GST collections set new record, hit an all-time high of Rs 1.24 lakh crore in MarchBy The Economic Times| 110 views
We're open to discuss on bringing petroleum products, LPG under GST: Anurag Thakur
The union finance ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST. Union Minister of State for Finance, Anurag Thakur said, "We're open to discussing on bringing petroleum products/LPG under GST." Listen in to political reactions.
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We're open to discuss on bringing petroleum products, LPG under GST: Anurag ThakurBy The Economic Times| 169 views
Eye on 2020: All you need to know about the changes & updates in GST
Since the introduction of GST in India in 2017, it has seen several changes. Aimed typically at making things simpler and plugging leakages, the current form of GST is quite different from what it was during its launch. However, the year 2020 will see some of the most significant changes.The panel discussion takes you through some key changes.
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Watch Eye on 2020: All you need to know about the changes & updates in GST With HD QualityBy The Economic Times| 148 views
GST has helped us build a national distribution channel: Moglix | ETRise
Moglix, a Ratan Tata-backed company, is India's leading B2B industrial goods e-marketplace. In this conversation with ET Online, Rahul Garg, the chief executive of the company talks about the genesis of the startup, the present state of B2B e-commerce in the country and plans for the future. Watch now.
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Watch GST has helped us build a national distribution channel: Moglix | ETRise With HD QualityBy The Economic Times| 196 views
GST 2017 : जाने ये खास 8 बातें जो कोई नहीं जनता | Pm Modi At Gst Launch | Goods And Services Tax
GST 2017 : जाने ये खास 8 बातें जो कोई नहीं जनता | Pm Modi At Gst Launch | Goods And Services Tax
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GST में ये ये चीजें हो गई सस्ती | What expensive and cheaper | All You Need To Know About gst
GST में ये ये चीजें हो गई सस्ती | What expensive and cheaper | All You Need To Know About gst
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यह जाने GST के साइड इफेक्ट | Disadvantage of GST | Positive And Negative Effects of GST |News Remind
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GST आने के बाद ऐसे बचेंगे आपके खरीदारी पर पैसे जाने पूरी खबर | What is GST? |News Remind
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अब GST के बाद ये चीजें हो जाएंगी सस्ती: और यहाँ यहाँ बचेगा आपका पैसा | GST Bill Explained
अब गस्त के बाद ये चीजें हो जाएंगी सस्ती: और यह यह बचेंगे बचेगा आपका पैसा | GST Bill Explained
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Buzz of increasing GST rates everywhere except my office: FM Nirmala Sitharaman
Ahead of the crucial meeting of the GST Council, Finance Minister Nirmala Sitharaman on Friday said the buzz of an increase in GST rates is everywhere other than her office. She was responding to a question on talk of current Goods and Services Tax (GST) rates of 5, 12, 18 and 28 per cent being raised to make up for the fall in revenues that has even hampered giving compensation to states for loss of revenue from implementation of the indirect tax regime.
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PM Modi सरकार बढ़ाएगी जनता की चिंता ! कई वस्तु-सेवाएं GST के दायरे में आएंगे !#DBLIVE
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एक तरफ आर्थिक मंदी लोगों की परेशानी बढ़ा रही है..लोगों को घर बैठने पर मजबूर कर रही है...उनसे उनका रोज़गार छीन रही है,,,.तो वहीं अब सरकार भी ऐसे कदम उठाने जा रही है...जिससे जनता की परेशानी बढ़ जाए...जी हां खबर है कि मोदी सरकार गुड्स एंड सर्विस टैक्स यानी जीएसटी कलेक्शन बढ़ाने के लिए जनता पर और भार डालने की तैयारी कर रही है।
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GST collection crosses Rs 1 lakh crore mark in November
Helped by government stimulus measures, the Goods and Services Tax (GST) collection in November crossed Rs 1 lakh crore, after dropping below the Rs 1 lakh crore level for three consecutive months amid a deceleration of economic growth. November's GST collection stood at Rs 1,03,492 crore, of which CGST was Rs 19,592 crore, SGST Rs 27,144 crore, IGST collections stood at Rs 49,028 crore (including Rs 20,948 crore collected on imports) and Cess was recorded at Rs 7,727 crore (including Rs 869 crore collected on imports).
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