"The use case for this pilot (wholesale segment) is settlement of secondary market transactions in government securities. Use of e₹-W is expected to make the inter-bank market more efficient," the Reserve Bank of India said in a statement today. The RBI will also within a month commence the first pilot for the retail segment in select locations in closed user groups comprising customers and merchants.
Google added the requirement to use Google Play's billing system applies for in-app digital content purchases for users outside of India
Snap’s popularity is soaring, especially among Gen Z users — people born between 1997 and 2012. Spiegel himself told us in October 2021 that the app had crossed 100 million monthly users in the country.
According to a report, this conflict can be overcome if the RBI takes over the costs of UPI payments just as it absorbs cost-of-currency transactions.
The ministry has noted that "many of these illegal lending apps may not be regulated entities by RBI and are using bulk SMS, digital advertisement, chat messengers and mobile app stores on a massive scale".
The ForceNet service, one of the external providers the defence department contracts to run its websites, has come under attack but so far no data have been compromised, assistant minister For Defence Matt Thistlethwaite said.
After having sacked the entire top brass at the microblogging platform following his acquisition, Musk now wants to overhaul Twitter's user verification process.
This year’s meeting took place against the backdrop of widespread turmoil across public and private markets, which has slashed the valuations of several startups amid a severe crunch in late-stage funding.
NextGen plans to bring technical solutions like setting up an UPI Auto pay platform for regular EMIs as an auto pay function, riding on the UPI 123Pay service platform with NPCI
India's tweaking of IT rules allow formation of Centre-appointed panels, that will settle often-ignored user grievances against content decision of social media companies, Minister of State for IT Rajeev Chandrasekhar said, adding that this was necessitated due to the "casual" and "tokenism" approach of digital platforms towards user complaints so far.
Musk fired Twitter chief executive Parag Agrawal, chief Financial officer Ned Segal and legal affairs and policy chief Vijaya Gadde on completion of a high-profile $44-billion buyout of the social media platform on Thursday.
Indian-origin technocrat showed grit by staying firm on co’s valuation, tackled situation well under pressure: Experts
Tesla CEO Elon Musk said on Saturday that Twitter will have its own content moderation council to make important moderation decisions on the platform.
Elon Musk, who recently acquired Twitter, said on Friday the company will be forming a content moderation council with "widely diverse viewpoints".
The winners of the 2022 edition of the Economic Times Startup Awards, which recognise and celebrate excellence in the Indian startup ecosystem, have been decided.
Elon Musk, the world’s richest man, completed his $44 billion takeover of Twitter and tweeted that “the bird is freed” followed by “let the good times roll” on Friday.
Over the past two years, Indian authorities have asked the company to act on content such as accounts supportive of an independent Sikh state, posts alleged to have spread misinformation about protests by farmers, and tweets critical of the government's handling of the Covid-19 pandemic.
The market research firm expects strong iPhone sales in the ongoing quarter as well as consumer demand for premium smartphones remains resilient.
Things started going sideways between the two after Musk tweeted "Most of these “top” accounts tweet rarely and post very little content. Is Twitter dying?" on April 9, along with a list of the top 10 most-followed Twitter accounts.
The ten-member jury, spread across India, Silicon Valley, Bellevue (US) and Singapore, will meet virtually today to recognise the brightest and best entrepreneurial leaders in what is shaping up to be a testing year for the startup ecosystem.
Musk sacked chief executive Parag Agrawal, as well as the company's chief financial officer and its head of legal policy, trust and safety.
In recognition of the deepening maturity of India's startup ecosystem -ranked among the top three worldwide, ET Startup Awards is introducing a new category - CEO of the Year.
The FIU has zeroed in on about 200 transactions that were carried out in the Cayman Islands, the British Virgin Islands and Nigeria using digital currencies and routed via exchanges located in India.
This year, Meta's earnings have been hit hard by its spending on the metaverse and its slowing growth in social networking and digital advertising. In July, the Silicon Valley company posted its first sales decline as a public company.
Musk is expected to close the deal by October 28 and the company is expected to come under his ownership by 5 p.m. New York time, as lawyers and bankers on both sides race to finalize paperwork.
Private equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 million, with the rest of the corpus coming from internal investors and private equity funds.
According to Sama, as of May this year, the Indian judicial system had more than 47 million cases pending in various courts—the subordinate courts had a backlog of almost 41 million cases. There were some 6 million cases in the high courts and more than 70,000 cases in the Supreme Court.
Twitter is expected to come under Elon Musk’s ownership by 5 p.m. New York time on Oct. 28, as lawyers and bankers on both sides race to finalize paperwork.
Google's advertising revenue was $54.48 billion in the third quarter, compared with $53.13 billion last year. The company said total revenue was $69.09 billion in the quarter ended Sept. 30, compared with $65.12 billion a year earlier.
After revealing the ten-member, high-powered The Economic Times Startup Awards (ETSA) 2022 jury and the nominees for Bootstrap Champ, Top Innovator, Comeback Kid, Social Enterprise and Best on Campus, today we bring to you the contenders for two more important categories - Woman Ahead and Midas Touch. That is not all, we have other big stories lined up for you.
A startup’s founders, its leadership team, and the talent they attract will play a key role in turning its vision into a reality. That vision, combined with the startup’s ability to adapt to macro changes, turn a crisis into an opportunity, and build a competitive, resilient and sustainable business will differentiate it from the also-rans in a crowded field, say jury members.
The award honours startup should be launched and led by a woman who competes and wins against the best in the business.
The banks have finished putting together the final credit agreement and are in the process of signing the documentation, according to the report, in one of the last steps in moving funds to Elon Musk.
CCI fined Google $113.04 million on Tuesday as it concluded yet another antitrust probe, finding the global tech giant guilty of abusing its dominant position to promote its payments app and in-app payment system
According to Downdetector, a platform that tracks websites, there were more than 11,400 reports from users regarding the WhatsApp outage.
The case relates to whether payments totalling Rs 1,457 crore made by Google India to Google Ireland is a royalty and tax is to be withheld in India.
"Our hour of happiness should, however, be tempered by the fact that PM Rishi [Sunak] will always keep the interest of the UK first and we should not expect anything special from him for India," said former Infosys board member TV Mohandas Pai.
Zoho One combines more than 45 applications that allow businesses to run sales, marketing, HR, analytics, and more. Zoho decided to offer a bundled package of apps and create a platform for businesses to build integrations — or even their own apps — through Zoho One.
The Australian Competition and Consumer Commission (ACCC) said between May 2020 and February 2022, Fitbit claimed consumers will not be entitled to a refund unless they returned a faulty product within 45 days of purchase or shipment, which is in not in accordance with Australian Consumer Law.
Monday’s selloff came after Xi packed the Politburo Standing Committee with six loyalists during the party’s twice-a-decade leadership reshuffle, with the unprecedented power play demonstrating his unchallenged control of the country’s top decision-making body.
After revealing the ten-member high-powered jury for The Economic Times Startup Awards (ETSA) 2022 and the nominees for Bootstrap Champ and Top Innovator on Friday, today we bring to you the contenders for two more important categories - Best on Campus and Social Enterprise. Stay with us to know more.
The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise. There must be some level of validation either through an investor or a customer.
The company’s response came after some tweets claimed that a part of customers’ money at Amazon goes as “donation to All India Mission, a missionary evangelical organisation focussed on converting Indian children to Christianity”, triggering angry reaction.
Happiest Minds asserted that moonlighting is not very prevalent within the company but did not divulge the exact number of employees against whom action had been taken on the issue.
Google has been sued in the US by the Republican National Committee (RNC) for allegedly sending "millions" of campaign emails to the spam folders of users.
Happiest Minds asserted that moonlighting is not very prevalent within the company but did not divulge the exact number of employees against whom action had been taken on the issue.
Hankey's departure was announced inside the Cupertino, California-based firm this week, with Hankey telling colleagues that she will remain at Apple for the next six months, according to the report, which added that a replacement has not been named so far.
The legislation is under consideration at a parliamentary committee, to which the U.S. social media company said it has not been invited to share its concerns.
Tracxn Technologies, founded in 2013, provides market intelligence data to private companies. The company has an asset-light business model and operates a SaaS-based platform named Tracxn.