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Credit cards overshadow debit card usage; IT headcount may fall in Q1

India's digital payments landscape is undergoing a transformative shift as credit cards gain prominence. Recent data from the Reserve Bank of India reveals a significant rise in credit card transactions, surpassing the traditionally dominant debit card usage.

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Democratisation of technology important tool to help bridge data divide: PM Narendra Modi

​​Speaking to G20 development ministers through a video address, Narendra Modi also batted for reforms in multilateral financial institutions to expand their eligibility criteria to ensure that finance is accessible to those in need.

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Microsoft gaming chief Phil Spencer rules out new Xbox

Video game console makers typically release major upgrades about three years into a gaming machines’ life. The Xbox Series S and X, were released in 2020 as part of the ninth generation of video game consoles. They compete against Sony Group Corp.’s PlayStation 5.

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UK must seize opportunities of AI to remain a tech capital: PM Rishi Sunak

Governments around the world are now trying to find a balance whereby they can assess and rein in some of the potential negative consequences of AI without stifling innovation.

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Andreessen Horowitz to open its first international office in London

The London office, set to open later this year, will work with universities in the UK and support the development of blockchain technologies and startups, the company said in a statement, adding that it will be led by one of the firm's general partners, Sriram Krishnan.

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IAMAI fumes over new anti-tobacco rules for OTTs; Local firms ride ‘AI outsourcing’ wave

The Internet and Mobile Association of India (IAMAI) is asking the government to renotify the latest anti-tobacco rules impacting video streaming platforms, this time after consulting the industry.

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Policybazaar expands revenue share from new business lines

PBFintech has narrowed loss margins in new businesses to 1% from 51% in less than two years.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...