After the success of bringing businesses to WhatsApp, Meta - its parent - is now introducing ads and subscriptions to Status and Channels under the Updates tab of the messaging app, the company said on Monday. This move will further push its monetisation efforts on WhatsApp.
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'
Churchill Brothers have withdrawn from the Super Cup tournament starting April 20 in Bhubaneswar, protesting against the All India Football Federation's decision to not officially declare them as 2024-25 I-League champions
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
'Skills like critical thinking, empathy, storytelling, team management and ethical judgment will grow in value even as AI continues to master logical tasks,' says Alphabet and Google CEO Sundar Pichai.
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.
The scale of illegal gambling and betting in India is staggering, with 1.6 billion visits recorded between October and December 2024 across four analysed platforms -- Parimatch, Stake, 1xBet, and Battery Bet.
'In this age of competition, we will not survive long if we do not provide quality service to our consumers'
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.
Noting that these three Cs haunt Indian education today, the Congress Parliamentary Party chairperson said in an article that this "carnage" of India's public education system must end.
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.
Uttarakhand will become the first state in independent India to implement the Uniform Civil Code (UCC) on January 27. The UCC will bring about uniformity in the society and ensure equal rights and responsibilities for all citizens. The law was passed by the state assembly in February 2024 and received presidential assent a month later. The UCC will govern and regulate laws relating to marriage and divorce, succession, live-in relationships and related matters. It sets equal marriageable age for men and women, grounds of divorce and procedures across all religions, and bans polygamy and 'halala'.
Kerala on Monday became the first state to adopt a water budget in a bid to come up with a solution to water scarcity in certain regions there. The first phase of the project would cover 94 gram panchayats and 15 block panchayats. The Public Water Budget was released by Chief Minister Pinarayi Vijayan on Monday, along with the launch of the third phase of the Ini Njan Ozhukatte (Let me flow now) project, for the rehabilitation of irrigation networks in the Western Ghats.
In March, the United Kingdom's then sports minister Lucy Frazer called on sporting bodies in the country to reassess their rules on transgender athletes competing in women's sports to ensure fairness.
The Bombay High Court has ruled that the use of loudspeakers is not an essential part of any religion and has directed law enforcement agencies to take prompt action against loudspeakers that violate noise pollution norms. The court also ordered the state government to direct religious institutions to adopt mechanisms for controlling noise levels, including calibrated sound systems with auto-decibel limits. The decision came in response to a petition filed by two housing associations alleging police inaction against noise pollution caused by loudspeakers installed on mosques in the area.
'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.
Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.
'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'
'Geopolitical stability could remove the crude oil risk premium.'
The latest biopic on Jyotibai Phule has come at a time when the Department of Taking Offence is super-active. Utkarsh Mishra feels it will be interesting to see if it portrays his attack on Brahminism in the same 'no holds barred' manner-- and, if it does, what reaction it provokes.
Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
All opposition members of the parliamentary panel on the Waqf Amendment Bill were suspended for a day on Friday amid continuous protests and accusations against Chairman Jagdambika Pal of steam-rolling through the proceedings.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity. It is proceeding cautiously, and is unlikely to implement rules anytime soon, the source said.
State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
The Tamil Nadu Assembly on Saturday adopted a resolution urging the Centre to withdraw three contentious farm laws, against which farmers have been holding protests outside Delhi for months.
The Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions, has received requests from four more offshore crypto exchanges to operate in India again, said a senior government official familiar with the matter. In the beginning of 2024, India had banned nine crypto exchanges - Binance, Kucoin, Huobi, Kraken, Gate.io, Bitstamp, MEXC Global, Bittrex, and Bitfenix - for non-compliance with anti-laundering law in the country.
