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government has asked state-run banks to assist their regional rural arms in upgrading their technology and onboarding them to the National Payment Corporation of India's (NPCI) BASE platform that facilitates the direct benefit transfer (DBT) program. Last week, several cooperative banks and regional rural banks (RRBs) were affected by a ransomware on one of the technology service providers, C-Edge Technologies. «Sponsor banks have been asked to help their RRBs with technology upgrades, which will improve their performance in areas related to credit disbursement, NPA management and cybersecurity,» said a government official, adding that Nabard will be closely monitoring this initiative.

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₹25,999, instead of ₹41,999. It is powered by a Snapdragon 870 Octa-Core processor, complemented by the Adreno 650 GPU and Qualcomm's AI engine, ensuring smooth performance and efficient multitasking. With LPDDR5 RAM and UFS 3.1 storage, users can enjoy fast data transfer speeds and responsive app performance.

Haier 596L, 3-Star, 2-Door Side by Side Refrigerator The Haier 596L 3-Star Frost-Free Side-by-Side Refrigerator features 100% convertible fridge space, Expert Inverter technology for energy efficiency and quiet performance, and an external digital display. With a capacity of 596 litres, it's perfect for large families.

Grihum Housing Finance, formerly Poonawala Housing Finance, reported a net profit after tax of Rs. 48 crore for the first quarter of this fiscal, up 77% on year. The housing finance company has assets under management of Rs. 8,700 crore, up 33% on year. “Our organisation now serves more than 80,000 customers. The Company is proactively aligned with regulators and financial institutions, and we have registered stable growth”, said Manish Jaiswal, Managing Director and Chief Executive Officer of Grihum Housing Finance Limited.

1. Samsung 8 kg, 5 star, Digital Inverter Motor Fully-Automatic Top Load Washing MachineThe Samsung 8 kg top load washing machine is designed for excellent cleaning with its Eco Bubble Tech and Digital Inverter Motor.

Services PMI: Steep price hikes could take the wind out of companies' sails On the flipside, industrial volume fell around 5%, led by subdued performance of its telecom segment owing to a high base. These misses caused some brokerages to downgrade their earnings forecasts. Motilal Oswal Financial Services Ltd cut its FY25 and FY26 earnings-per-share estimates by 10% and 16%, respectively, to factor in the increase in commodity prices.

In a post on X (formerly Twitter), Agrim Gupta pointed out that artificial intelligence (AI) systems today are capable of generating 10 times more pixels every two years. Based on his analysis of the rate at which AI-generated video is improving, he concluded that if things continue at this pace, we will have AI-generated TV shows by 2029 and full AI-generated movies by 2031. Services like Sora and Kling have already begun to show us what this might look like.

In its latest Assessment of Value report, the firm flagged 19 share classes belonging to the respective funds, with the leading cause being underperformance. In most cases, performance was assessed on a five-year basis, with Quilter's own analysis highlighting that the market woes at the beginning of the Covid pandemic were still dragging on performance in some cases. The Quilter Investors Global Unconstrained Equity; Europe (ex UK) Equity Income; Global Equity Value; Precious Metals Equity; UK Equity 2 and UK Equity Growth were all red flagged by the firm. Quilter Investors hires ...

In the report, the board of Ninety One revealed that eight out of the 26 funds received an 'amber' rating due to inconsistent performance, but the asset manager noted that actions have already been put in place to boost performance.  Ninety One merges two funds following underperformance One of these eight funds, the Emerging Markets Equity, also failed to achieve a ‘green' rating for its comparable market rates with the report highlighting that the fund's charges are «under review», but said it was currently deemed «reasonable for the specialist investment strategy and fund's size». ...

Armand Duplantis of Sweden made headlines on Monday as he shattered his own world record, clinching the pole vault gold medal at the Paris Olympics. In a thrilling conclusion to the fifth day of track and field events at the Stade de France, Duplantis soared over a height of 6.25 meters, surpassing his previous world record of 6.24 meters set at the Xiamen Diamond League in April. The crowd of 69,000 erupted in applause as the Swedish pole vaulter achieved this remarkable feat, marking his ninth world record-breaking performance. Following his victory, he emulated the shooting pose of Turkish athlete Yusuf Dikec, who gained viral fame for his silver medal performance at the Paris Games. Dikec’s reaction to Duplantis’s success further highlights the camaraderie and shared celebration among athletes.

Prakash Padukone observed that shooter Manu Bhaker excelled in the Paris Olympics partly due to the absence of intense pressure. He noted that Bhaker's success in shooting stemmed from not being among the favorites, a factor which often shields athletes from the debilitating pressure experienced by frontrunners. Padukone highlighted that many of India's past Olympic medals have come from athletes who were not expected to perform at such a high level, benefiting from the lack of pressure on their performances. «One of the reasons why Manu Bhaker has done well in shooting because she was not among the favorites. People who are favorites are always under pressure and have not done so well as expected. Most of our medals even in the earlier Olympics have come from people whom we have not expected anything because there is no pressure,» he said. «Olympics is all about handling pressure. All the more important it is more to pay attention to the mind...to train your mind...to do yoga..to do mediation,» he said.

Vinod Kambli was reportedly seen in a disoriented state, requiring assistance from passersby to maintain his balance. A video circulating on social media shows Kambli struggling to walk, with bystanders helping him reach his destination. However, ET could not verify the video's authenticity, time and place of the video.

PARIS – The Maple Leaf was not raised on Day 10 of the Paris Olympics after Canadian athletes were held off the podium for the first time at the Games.

More laptops to consider:The Amazon Great Freedom Festival countdown offers fantastic deals on gaming laptops, including the Lenovo LOQ. Featuring a 12th Gen Intel Core i5-12450HX processor, 16GB RAM, and 512GB SSD, this laptop ensures top-notch performance. The 15.6-inch FHD display with 144Hz refresh rate and 300 nits brightness, combined with RTX 3050 6GB graphics, delivers a stunning gaming experience.

A Frontier Airlines flight that had been set to go from Houston to the Dallas area last week got canceled not because of weather, but because one of its pilots got arrested

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₹79,900, the iPhone 15 with 128 GB storage is now being offered for ₹69,690 on Vijay Sales, marking a substantial ₹10,210 reduction. Moreover, buyers using ICICI or SBI bank credit cards can avail an additional ₹4,000 discount, bringing the price down to ₹65,690.The iPhone 15 Plus, which boasts enhanced battery life and a larger screen, is now priced at ₹77,190, down from its original price of ₹89,900.

Launched in 2017, TRON was originally positioned as an Ethereum killer. While all Ethereum killers failed to kill Vitalik’s brainchild, TRON managed to take away the leadership in the realm of stablecoin transfers. Let’s understand what happened in TRON over the last six months and in which direction it is developing.

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