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For years, digital wallets like PhonePe and Paytm offered a convenient way to store and transfer money. However, their usefulness was limited by one key factor: you could only use the wallet’s app to initiate UPI transactions. This meant having multiple apps for different wallets, restricting users and hindering a seamless digital payment experience. Fortunately, the Reserve Bank of India…
The year 2024 holds immense significance, not only for Prime Minister Narendra Modi’s government as it eyes a third consecutive term in power but also for India’s defense sector. The nation is poised to witness a significant leadership transition, with new heads expected to take charge across military services and establishments. The Indian defence establishment is gearing up for a…
IndiGo, India’s beloved budget carrier, has taken flight to new heights! In December 2023, the airline achieved a remarkable feat by becoming the world’s third-largest airline by market capitalisation. This is a significant milestone that underscores IndiGo’s strong financial performance and investor confidence in its future. Leaving the Competition Behind IndiGo’s ascent to the top is particularly impressive considering the…
The National Stock Exchange of India (NSE) has issued a critical warning to investors, alerting them about the circulation of deepfake videos featuring their MD & CEO, Ashishkumar Chauhan. These deceptive videos use sophisticated AI technology to manipulate Mr. Chauhan’s image and voice, making it appear as if he’s recommending specific stocks. This incident highlights the growing threat of deepfakes…
In the burgeoning field of spiritual-tech startups, AstroTalk has emerged as a shining beacon, and at its helm is Puneet Gupta, a visionary entrepreneur who has successfully harnessed technology to demystify astrology for the masses. Founded in 2017, AstroTalk has not only connected astrologers with those seeking guidance but has also made significant strides in the business world, as evidenced…
Vistara, the much-loved Indian carrier known for its premium service and comfortable cabins, has hit some unexpected air pockets. Pilot discontent has caused a ripple effect, leading to flight cancellations and a 10% reduction in scheduled flights. This blog delves into the reasons behind the pilot unrest, the impact on Vistara’s operations, and the potential road ahead for the airline.…
ReALM stands for Reference Resolution As Language Modeling. It’s a new AI language modeling system developed by Apple. Unlike other large language models (LLMs) that process information in general, ReALM focuses on understanding references within language. What makes ReALM different? Here are some key features of ReALM: Context deciphering: ReALM excels at understanding the context of a conversation, especially regarding…
The Reserve Bank of India (RBI), in a significant move to enforce regulatory compliance, has cancelled the certificates of registration of four non-banking financial companies (NBFCs). This decisive action underscores the central bank’s commitment to maintaining the integrity of the financial system and protecting the interests of depositors and investors. The Affected Companies- The four companies affected by this cancellation…
The Nuerachip, a hypothetical brain implant that interfaces directly with the human nervous system, has captured imaginations for decades. It’s a staple of science fiction, depicted in movies like “The Matrix” and books like “Neuromancer.” But is the Nuerachip simply a flight of fancy, or is it something that could become a reality in our lifetimes? The Potential Benefits Proponents…
India’s diesel exports to Asia have hit a major roadblock. Recent reports indicate a staggering 63% decline in March 2024 compared to the previous year. This sharp drop can be attributed largely to increased competition from established players like China and South Korea. This decline presents a significant challenge for the Indian refining industry. Diesel exports have been a key…