Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
China's National Health Commission on Thursday said the country reported only four new confirmed COVID-19 cases on Wednesday, taking the total number to 82,862, while no death due to the disease was registered. The virus has claimed 4,633 lives in the country.
A few weeks ago, when Road Transport & Highways Minister Nitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash.
A millionaire's daughter was on Thursday convicted of burglary during last August's riots in London, when she helped looters steal goods by driving them around the city.
The project, code-named MF101 by Foxconn, will be spread across 1,500 acres at Talegaon or Khopoli.
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
Over the past few months, Infosys has been battling allegations by Murthy and other former senior executives of falling corporate governance standards.
In a first, authorities in the United States used a cellphone alert to ask millions of New Yorkers to help nab a 28-year-old naturalised American citizen of Afghan descent wanted for the weekend bombings in Manhattan and New Jersey.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
UAE retailer Jumbo Electronics plans to open six outlets in India as part of its expansion strategy to target Asia's fastest growing economy.
The new Panigale V4 S' sheer performance, dynamic ability and the ease with which it is delivered leaves one in no doubt about the absolute punch that this motorcycle packs.
ShopX offers a wide range of products like clothes, electronics, furniture and services such as direct-to-home and mobile recharges.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
In March this year, Adam Purinton, 52, had pleaded guilty to the charges of murdering Kuchibhotla.
Most companies were working on Rs 65-66 to a dollar.
The exercise to add the inmates' names to the electoral roll was initiated in February this year.
Gajanand Hosale said he has no experience in politics and has never worked in any social organisation.
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
The cheap-car tag fades with every new variant, Tata Motors inches towards taking on other city cars.
The telecom companies have also been asked to urgently improve their infrastructure, as the government aims to digitise a host of services.
'I went to Nagpur for my engineering. I used to model there, those amateur fashion shows. Then you know, I thought why not try my luck in films and all?'
In a lengthy statement shared on Instagram, the filmmaker said neither he consumes narcotics nor does he promote usage of any such substance. Johar's response came after an old video from a star-studded party at his residence resurfaced on social media, amid Narcotics Control Bureau's (NCB) drugs probe in connection with actor Sushant Singh Rajput's death.
NEFT is a nation-wide system, which helps individuals, firms and corporate to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country.
Central Reserve Police Force and police personnel moved to search the vehicle and came under fire of the terrorists hiding in the truck. They retaliated resulting in an encounter.
The NIA sleuths also recovered weapons, ammunition, urea, acid, some chemicals, electronic gadgets and other incriminating material besides Rs 15 lakh in cash from their possession, officials of the NIA and Hyderabad Police said, adding the youths were working at the behest of IS handlers.
The Indian authorities feared that these apps were transferring consumer data to locations outside the country, especially China, in an unauthorised and surreptitious manner. With servers in India, the data of local consumers would be stored in the country.
The framework aims at creating a secure cyber space for users to enjoy confidence in electronic transactions, reports Ajai Shukla
The department for promotion of industry and internal trade (DPIIT) has suggested to the home ministry to allow limited activity in certain sectors such as heavy electricals and telecom equipment with reasonable safeguards. In a letter to Home Secretary Ajay Kumar Bhalla, the department said that these activities are essential to improve the economic situation and provide liquidity in the hands of the people.
Rao, 82, an accused in the Elgar Parishad-Maoist links case being probed by the National Investigation Agency (NIA), is currently undergoing treatment in the Mumbai-based Nanavati Hospital where he had been admitted by the Maharashtra government following the high court's intervention.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
'I was born a lower middle-class person, am one today and will die as one,' Billboard's International Power Player Devraj Sanyal tells Vanita Kohli-Khandekar.
Despite the failure of most e-commerce players to meet orders through the first week of the lockdown, there has been no serious crisis, thanks to supplies from 11 million small kirana and mom-and-pop stores across the country with the support of over 300,000 distributors and wholesalers.
High inflation and slower growth continues to worry Indian consumers with more people expecting lower salary increases.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
Tamil star Suriya's 7aum Arivu was about a virus from China sent to Chennai to wreak havoc while Kaappan was about a locust attack the hero prevents in time -- both films in a sense foresaw what was to come, observes N Sathiya Moorthy.
Samsung premiered its Galaxy S4, which sports a bigger display and unconventional features such as gesture controls, as the South Korean titan challenges Apple Inc on its home turf.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
