The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 6:16 PM IST Credit card spending growth has slowed to 16.6 per cent in FY25 so far (YTD FY25) due to restrictions on limits, a series of Reserve Bank of India (RBI) regulations, and increasing stress in the portfolio. In…
Source: Live Mint State-run SJVN’s shares surged by almost 5 per cent on Friday following the company’s announcement to exchanges about securing two MoUs with the Maharashtra government for power project development. The estimated total investment for these projects is around ₹48,000 crore. The Navratna CPSE announced today that it has entered into two Memorandums…
Source: Live Mint No one doubts that artificial intelligence (AI) will change the world. But a doctrinal dispute continues to rage over the design of AI models, namely whether the software should be “closed-source” or “open-source”—in other words, whether code is proprietary, or public and open to modification by anyone. Some argue that open-source AI…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25645489/Razer_LG_BT_ULL_controller.jpg?w=600&resize=600,400&ssl=1 "LG and Razer made an ultra-responsive Bluetooth gaming controller")
Source: The Verge LG has teamed up with Razer and MediaTek to develop a new Bluetooth gaming controller that could greatly reduce the input lag for cloud-based gaming. According to LG, it’s the first controller to utilize Ultra-Low Latency (ULL) Bluetooth technology — an in-development standard that aims to make wireless controllers as responsive as…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 5:14 PM IST Boutique investment firm GQG Partners has settled charges of potential violations of whistleblower rules with the Securities and Exchange Commission (SEC)—the regulatory body in the United States—by paying a $500,000 penalty. The securities regulator, in a statement…
Source: Bitcoinist South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1 billion Korean won (roughly $830,000) for allegedly mishandling personal data and breaching overseas data transfer regulations….
Source: Live Mint The Bombay High Court has recently held that employees cannot be penalised for employer’s failure to deposit tax deducted (TDS) from salary. “The object and purpose behind the provision is to the effect that when an obligation to deposit the tax as in the present case, is on the employer and if the…
Source: Business Standard Representational image (Source/Unsplash) 3 min read Last Updated : Sep 27 2024 | 4:25 PM IST Indians are travelling abroad in greater numbers, with a sharp 12% increase in departures during the first half of 2024 compared to pre-Covid levels, according to a report by rating agency CRISIL. Indian tourists, who…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 4:39 PM IST The government of India’s ‘Startup India’ initiative, launched in January 2016, continues to play a pivotal role in nurturing innovation and encouraging investments in the country’s burgeoning startup ecosystem. Over the years, India has emerged as the third-largest…
Source: Live Mint A personal loan is a financial tool that allows individuals to borrow money from a bank or financial institution with the obligation to repay it within a specified timeframe. The borrowed amount is paid back in instalments, known as EMIs, along with the agreed-upon interest. Personal loans typically require no collateral and…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25838346/marvel_snap_pic.png?w=400&resize=400,250&ssl=1 "TikTok is back, but where are Marvel Snap, CapCut, and Lemon8?")