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Paul Romer on Monday said Aadhaar is the most important technological system in the world right now and it has laid the foundation of a platform to enable people to avail government benefits, including direct benefit transfer. Speaking at the NDTV World Summit, Romer said that a similar platform could not be set up successfully in the US because they were monopolised by the private sector. «Aadhaar is the most important technological system in the world right now. Aadhaar solved only one problem. Present a person to me, and I will tell you what that person's number (is). »… But with that foundation, you can then build all of these fantastic services that you now enjoy," he said.

Bombay High Court seeking stringent guidelines to prevent black marketing and ticket scalping for major events. This follows concerns raised about irregularities in the sale of tickets for Coldplay's upcoming concert in Navi Mumbai, scheduled for January 2025. The petition, brought by advocate Amit Vyas, was mentioned for urgent hearing before a division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar on Monday.

Pilkington was previously a managing director at AlTi Tiedemann Global, a role she held for a year and a half up until she departed in June this year. Prior to this, she was at Alvarium Investments for three years, where she helped build out the firm's co-invest platform. Brown Advisory turns to Fidelity International for UK intermediary sales director She also worked at ACPI Investments as a fund analyst and deputy fund manager on its Multi Manager balanced product and was an investment and equity fund research analyst at Rathbones. Quintin Ings-Chambers, partner and head of in...

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Gen Z population, currently estimated at 37.7 crore, is reshaping the country’s consumer landscape. As more of them join the workforce, brands are scrambling to cater to this new, influential demographic that is expected to drive a substantial portion of India’s consumer spending. According to a joint report by Boston Consulting Group (BCG) and Snap Inc., Gen Z already influences a staggering 43% of household consumption, contributing $860 billion to the economy, of which $200 billion comes directly from their own earnings. Also Read: India’s ‘swipe-up’ generation set to swipe right on festive deals The report further estimates that by 2030, around 36% of India’s Gen Z will be part of the workforce, driving an impressive $730 billion in direct spending and a total of $1.4 trillion when including influenced spends. These figures make it clear why brands are working to position themselves as Gen Z favorites, as this cohort is expected to shape the future of consumer behavior in India.

Harshad Mehta, a character who would have escaped Gen Z but for an OTT web series, continues to cast a spell, reminding RBI officials in the tower, of the sharp practices of Harshad, his cohorts and later generations of wily brokers in the financial markets. Down the years, the guile of these bond market intermediaries has bred in the bones of RBI officials a suspicion and distrust towards brokers who once ripped off institutions, helped banks mask their losses in G-Secs and corporate bonds, and had senior bankers and treasurers eat out of their hands. Though their influence has waned — with the regulator throwing new rules after every shock — RBI remains famously wary about brokers. So much so that brokers are barred from directly dealing on the electronic, screen-based system owned by RBI for G-Sec secondary trades. Called NDS-OM (negotiated dealing system-order matching), orders are matched anonymously, as it happens in the stock market. Direct participants in the market are confined to regulated entities like banks, bond houses, asset managers, insurers and retirement funds — institutions that RBI is comfortable with. Brokers, though regulated by Sebi, remain a dodgy breed in RBI's eyes.

Subscribe to enjoy similar stories. India could play a vital role in setting a precedent that works both for OTT (over-the-top) players and telecom service providers insofar as imposing a fair-share levy on streaming platforms is concerned, Julian Gorman, head of Asia-Pacific at GSMA, a London-based lobby that represents mobile network operators globally. Telecom service providers want big OTT players such as Netflix and Amazon Prime Video that generate large data traffic to pay a mutually-decided fair charge to create and maintain digital telecom infrastructure.

Netflix has been facing tough competition in the UK from BBC iPlayer which has also outpaced its rivals such as ITVX and Channel 4 in terms of growth, as per a report. BBC Content Boss Charlotte Moore in an interview with The Hollywood Reporter claimed that the viewing growth of BBC iPlayer has been more than that of Netflix, ITVX and Channel 4 in the UK. BBC iPlayer has also become the VOD platform with the fastest growth in the UK, as per the report in The Hollywood Reporter.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Subscribe to enjoy similar stories. Move over, Marvel. The next blockbuster entertainment franchise might come from Japan.

Subscribe to enjoy similar stories. Insomnia Media and Content Services Ltd, led by producer Juhi Mehta, has filed for an initial public offering (IPO) on the National Stock Exchange’s (NSE) Emerge platform, aiming for an enterprise valuation of ₹200 crore. The company plans to dilute 27% of its equity through a fresh issue of shares.

Subscribe to enjoy similar stories. India should be wary of a remodelled European Union (EU) coming down the turnpike. The 27-member bloc, in addition to its internal contradictions, is fraying at the edges with multiple members expressing displeasure openly.

Pakistan's intelligence agency and terror groups are trying to ramp up recruitment efforts in Jammu and Kashmir through digital platforms, as direct interactions become increasingly difficult due to heightened security measures, officials said on Sunday. These groups are now primarily using social media platforms and messaging apps such as X (formerly Twitter), Facebook, Instagram, WhatsApp and Telegram to target vulnerable youth, according to an official. They are using fake profiles and Virtual Private Networks (VPNs) to evade detection.

Tamil drama film ‘Meiyazhagan’ is heading to OTT platforms soon! The Karthi-starrer, which is also known as ‘Sathyam Sundaram’ in Telugu, will be available for streaming on Netflix from October 25 as per a Filmibeat report. The emotional slice-of-life drama hit the theatres in September and opened to rave reviews. Read on below to find out more about the movie.

user engagement, said industry executives. The likes of AppsForBharat, Vama.app, Astrotalk and DevDham witnessed significant growth this Navratri, which ended on October 12, and are gearing up for Diwali, which falls on November 1, they said. “Because of Navratri, we launched new products and services,” Manu Jain, founder of Blume Ventures-backed Vama.app, told ET. “As a result, we are seeing an uptick of 20-25% (month-on-month) in new users overall. Our revenue for the last week of September so far is showing a week-on-week growth of over 20%.”

Facebook and WhatsApp parent Meta has invited comments from the public on the posting of immigration-related content that may be harmful to immigrants and shared two cases that Facebook moderators decided to keep on the platform. The board plans to assess whether Meta’s decision to only protect refugees, migrants, immigrants, and asylum seekers from the most severe attacks on its social media platforms under its hate speech policy is adequate. The board is funded by the social media giant but operates independently. After gathering public comments, it can issue non-binding policy recommendations to Meta.

Like most banks, Goldman Sachs is trying to diversify away from the white men who comprise most of its employees, particularly at senior levels. In the process, it's proven willing to be unusually frank in confronting difficult issues. 

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Chief Electoral Officer of Maharashtra has sent notices to various social media platforms, asking them to take down a total of 1,752 posts that contained fake news and were meant to create confusion among voters. More than 300 of these posts were deleted after they were flagged by the poll body, an official release said here on Friday.