Industry leaders are predicting hybrid cloud to be the next biggest trend in cloud computing.
Unified Payments Interface (UPI) clocked over 6 billion transactions in July: the highest ever by India's flagship digital payments platform since its inception in 2016. UPI reported 6.28 billion transactions amounting to Rs 10.62 trillion, according to data released by the National Payments Corporation of India (NPCI), which operates the platform. Month-on-month, the volume of transactions was up 7.16 per cent and value increased 4.76 per cent.
The RBI on Monday imposed penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms, including one related to "Frauds - Classification and Reporting". A penalty of Rs 4 crore has been imposed on Bank of India and Rs 2 crore on Punjab National Bank. In a statement, the RBI said the statutory Inspection for Supervisory Evaluation (lSE) of Bank of India was conducted with reference to its financial position as on March 31, 2019.
A notification issued by the Home Department, Government of Nagaland, read, 'Whereas, there is apprehension of grave law and order problems in Mon District, Nagaland owing to the prevailing situation created by firing incidents today, leading to the death of several persons in Tiru Oting village area under Tizit and Naginimora sub-divisions.'
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
Australia on Tuesday signed a $50 billion (Rs 3.3 lakh crore) deal with France for 12 sophisticated submarines to be built by French defence major DCNS that was at the centre of a controversy this year surrounding the leak of documents relating to India's Scorpene submarines.
Aiming to breach the Bharatiya Janata Party's Gujarat bastion, the Aam Aadmi Party fielded its candidate to contest all 182 assembly seats and carried out a high decibel campaign in the run-up to the polls in Gujarat.
To be competitive, you need to focus on building products very rapidly, says Werner Vogels.
Officials said on Thursday that the force recently issued a circular also asking its troops and other staff to avoid sharing official orders on WhatsApp and desist from discussing and sharing operational matters over social media.
The suspended Bharatiya Janata Party MLA was picked up under Act No.1 of 1986 (Preventive Detention Act), police said.
Apart from physical access to handsets, metadata and backups are two common ways in which private communications can be broken.
The Metropolitan Police has said it was probing into complaints that the search engine picked up people's online activities through unprotected home and business networks while photographing neighbourhoods for its 'street view' mapping feature.
SC raised questions over the government's decision ordering mandatory seeding of mobile numbers with Aadhaar.
After breaching the value of 1 in the first week of August, the R number, which reflects how rapidly the coronavirus pandemic is spreading, has been steadily ebbing, according to researchers at the Institute of Mathematical Sciences, Chennai.
The high court said he has a choice to make and asked him to delete his FB account as the policy to ban the use of social networking platforms for army personnel was taken keeping in view the security of the nation.
The mercury at the Safdarjung Observatory is expected to breach the 43-degree mark on Thursday and touch 44 degrees Celsius by Friday, according to the India meteorological department.
The unemployment rate shot up to a record 10.9 per cent in the week that ended on December 18, points out Mahesh Vyas.
Mutual fund (MF) houses have started realigning their overseas product offerings after the Securities and Exchange Board of India (Sebi) advised them to stop subscriptions. PPFAS Asset Management has decided to suspend transactions in Parag Parikh Flexi Cap Fund with effect from February 2, 2022. Though new lump-sum and systematic investment plans (SIPs) will not be accepted, existing SIPs and systematic transfer plans (STPs) will continue.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
The Maharashtra government has moved the Supreme Court seeking recall of its order by which it had directed the State Election Commission (SEC) not to re-notify the poll process to 367 local bodies, where it has already commenced, in order to provide reservation to OBCs.
India saw 59,118 new coronavirus infections in a day, the highest single day rise so far this year, taking the nationwide COVID-19 tally to 1,18,46,652, according to the Union health ministry data updated on Friday.
Domestic passenger vehicle retail sales declined eight per cent in February as the companies continued to suffer production loss due to chip shortage, automobile dealers' body FADA said on Friday. The passenger vehicle (PV) sales dropped to 2,38,096 units last month, down 7.84 per cent from 2,58,337 units in February 2021. "Even though the passenger vehicle (PV) segment saw some launches and slight respite in supply due to better production, it was not enough to meet customer demand. "Vehicle waiting period thus remains similar to what it was in the past few months," FADA president Vinkesh Gulati stated.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Homegrown microblogging platform Koo said the new guidelines will help clarify the responsibilities of intermediaries.
The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
The need of the hour, as the Supreme Court readies to rule on the constitutionality of Aadhaar, is for the UIDAI to fix the bugs, says Geetanjali Krishna, in the second and final part of her series.
The Union health ministry data on Friday said the number of coronavirus cases in India breached the 45 lakh mark while a data released by a national public health institute in the US said the number of infections in the North American country crossed six million as of September 8.
In a post on Twitter on Wednesday, the 28-year-old also named the Janata Dal-United as a client during the 2010 Bihar elections and brought up some caste surveys carried out in Uttar Pradesh by SCL India -- the parent company of CA.
According to the data compiled by General Insurance Council, which is not publicly available, the insurers have settled 508,334 claims amounting to over Rs 4,800 crore.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The retail inflation rate breached the 6 per cent upper tolerance limit of the RBI for the first time in seven months in January, while the wholesale price index stayed in double-digits for the 10th month in a row, showed two sets of data released by the government on Monday. Retail inflation, the key input for the RBI while reviewing the repo rate every two months, soared during the month mainly because of a spike in certain food items. The previous high for retail inflation was 6.26 per cent in June 2021.
The tax department surveyed the office of the news portal located at Sarvodaya Enclave in south Delhi on Friday along with that of another digital news platform Newsclick in Saidulajab area (south Delhi) on charges of alleged tax evasion.
The active cases breached the 11-lakh mark for the first time since the outbreak of the pandemic.
The high court conducted the hearing in-camera after the counsel for the Centre requested for it on the ground that it was a very sensitive decision taken by the Army and the inputs cannot be made public.
India registered a record single-day spike of 1,26,789 new COVID-19 cases, pushing its infection tally to 1,29,28,574, while the number of active cases too went upwards to breach the nine lakh-mark again, Union Health Ministry data updated on Thursday showed.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
The unprecedented rise in Covid-19 infections in the country, which many are terming as the second wave, has also resulted in a rise in Covid-related claims for general and health insurance companies as hospitalisations have gone up. The insurers have received more than a million Covid-related claims as of April, 2021. According to the data compiled by General Insurance Council, the reported claims total 1.014 million, amounting to more than Rs 14,800 crore.
The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods. Low base effect also contributed to the spike in WPI inflation in May 2021. In May 2020, WPI inflation was at (-) 3.37 per cent. This is the fifth straight month of uptick seen in the wholesale price index (WPI)-based inflation. In April, 2021, WPI inflation hit double digit at 10.49 per cent. "The annual rate of inflation, based on monthly WPI, was 12.94 per cent for the month of May, 2021 (over May, 2020) as compared to (-) 3.37 per cent in May 2020.
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