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PhonePe and Google Pay in the UPI market has renewed the debate about charging fees on merchant transactions. While the government has previously denied plans for UPI fees, recent discussions suggest a shift. According to a report by Times of India, fintech companies are raising concerns about the lack of revenue in UPI despite customer acquisition costs. They argue that a system like credit cards, with merchant discount rates (MDRs), is needed for long-term sustainability. “Zero MDR (merchant discount rate) eating up business models was a point raised in the meeting with FM,” a fintech executive who attended the meeting, told TOI.

AI platform. Brian Keene, Abdi Nazemian and Stewart O'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo to simulate ordinary written language before being taken down in October "due to reported copyright infringement." Also Read | Why Nvidia share price is plummeting after 80% rally in YTD — explained In a proposed class action filed on Friday night in San Francisco federal court, the authors said the takedown reflects Nvidia's having "admitted" it trained NeMo on the dataset and thereby infringed their copyrights.

As the altcoin season gets underway, a few projects stand out as potential frontrunners. Investors are always on the lookout for hidden crypto gems that could be the source of huge profits in the future. Right now, the excitement is buzzing around one particular crypto project that could be the next big thing — BlastUP. Its swift rise has sent waves through the crypto community, and the numbers tell an even more compelling story.

biggest initial public offerings so far this year, according to people familiar with the matter. The social media platform and some of its current shareholders plan a sale of 22 million shares for $31 to $34 each, said the people, who asked not to be identified because the information wasn’t public yet. The company was seeking a valuation of as much as $6.5 billion in the listing, Bloomberg News has reported.

stock broking app to place an order for Bank Nifty options, he was taken aback. “On 20 December, the broker’s app had a glitch when I placed some orders for a Bank Nifty option. The app didn’t show anything, whether my orders had been executed or rejected or were pending. My order book and position page didn’t get updated, nor did the funds page,” recounts Patil. Seeing his funds in place, Patil kept punching in his order, but nothing got updated. The order book and position tab got updated only a few minutes later, showing an open position, with a huge loss of Rs.37,000. Patil tried to exit that position, but the error kept recurring. Patil is not alone in his suffering. Today, more individuals are trading than ever before. A record number of investors have opened demat accounts in the past few years. A staggering 42 lakh new accounts were opened in December alone—50% higher than the previous month—taking the total number of demat accounts to 13.93 crore. The trading volume on stock exchanges has increased over tenfold since 2019-20. However, brokers are finding it tough to handle this frenetic activity. In recent months, users of several broking platforms have been crying foul after facing recurring outages and disruption in services. Uphill battle for users

Reddit is aiming to raise up to $748 million as it finalizes plans for a public debut, according to Bloomberg News. The company plans to offer 22 million shares priced between $31 and $34 each.

Trinamool Congress announced candidates for all 42 Lok Sabha seats in West Bengal striking a fine balance by fielding 12 women, 10 SCs, 3 STs, 2 OBCs while 16 candidates, including MPs and MLAs, have been repeated. Around 11 new faces have been brought in. Sons of the soil, adivasis, gorkhas, Rajbonshi, Matuas, minority community and women have been given representation. The biggest surprise was Indian cricketer Yusuf Pathan. Party chief Mamata Banerjee walked up the platform with all the 42 Lok Sabha candidates at the Brigade Ground rally on Sunday. Abhishek Banerjee, who will be contesting from the Diamond Harbour constituency, announced the name of former cricketer and IPL player Yusuf Pathan who will be contesting from Baharampur. Trinamool Congress has made it tough for Congress state president Adhir Ranjan by fielding the former cricketer against Adhir Ranjan in Baharampur. Trinamool usually puts up strong candidates in Malda and Murshidabad, both Congress strongholds. Former IPS officer from West Bengal cadre, Prasun Banerjee whose last posting was as DIG Raiganj Range (as IGP), will contest from Malda North.

By Jonathan Stempel

As WWE gears up for its biggest annual premium live event next month, the company continues to harness the power of its social media presence to reach its fans

Stocks that traded heavily or had substantial price changes on Friday: DocuSign, Gap rise; Costco, Marvell fall

The New York Police Department has been taking a more active role in trying to influence public policy through slick online videos and social media posts

TikTok once again finds itself in a precarious position

leadership roles at companies has remained unchanged over the past five years, shows a study, suggesting that corporate India still has a long way to go to ensure gender equality at decision-making levels. At leadership roles like director, vice president, CXO, or partner at Indian companies, there are currently two women compared with 10 men, the same as in 2020, according to the findings of the study by professional networking platform LinkedIn and shared exclusively with ET.

eVision, the media and entertainment arm of UAE-based e&, has partnered with Times Internet-owned cricket platform Cricbuzz to launch Cricbuzz TV, a 24/7 channel featuring top global cricket competitions and events. The strategic collaboration will provide fans with more live cricket action on eLife, SwitchTV, and Starzplay throughout the year. Emirates Telecommunications Group Company, popularly known as e&, is a UAE-based multinational telecom operator. eVision is also the largest content aggregator in the Middle East and North Africa region and Pakistan.

New Delhi: Sekura Energy, an energy sector-focused platform of Edelweiss Infrastructure Yield Plus Fund, is the front-runner to buy solar projects totalling 350 megawatts (MW) from O2 Power, two people aware of the development said. The deal is likely to have an equity and enterprise value of $50 million and $200 million, respectively, the people said. The sale process is being run by EY.

Bharat Shakti', a synergised demonstration of indigenous defence capabilities in the form of a tri-services live fire and manoeuvre exercise, in Rajasthan's Pokhran on March 12. Modi will also visit Gujarat on Tuesday to launch multiple development projects, the Prime Minister's Office (PMO) said in a statement on Sunday. The 'Bharat Shakti' will have on display an array of indigenous weapon systems and platforms as a demonstration of the prowess of the country, premised on the nation's self-reliance initiative, the statement said. The exercise will simulate realistic, synergised, multi-domain operations displaying integrated operational capabilities of the Indian armed forces to counter threats across land, air, sea, cyber, and space domains, it added.

₹1,453 crore for air tickets booked during the covid-19 pandemic from travel aggregators, including Yatra, MakeMyTrip, ClearTrip, EaseMyTrip, Ixigo and Thomas Cook, two persons aware of the matter said. Only ₹3 crore remains to be refunded after CCPA, a regulatory authority of the consumer affairs ministry, took up this issue of long delays in refunds to consumers by travel aggregators, the persons cited above said. The travel aggregators on their part have been blaming airlines, the first among the two persons cited above said.

₹2,000 crore for the wholly-owned unit, the people said on condition of anonymity. Antara has two lines of businesses–Assisted Care services, including Care Homes, Care at Home, MedCare Products and AGEasy; and independent residences for seniors. The company is in the process of setting up multiple communities and care facilities across different regions of India.

Sachin Tendulkar, the demi-god of Indian cricket, on Sunday criticized the way Mumbai batters played against Vidarbha in the final of the Ranji Trophy at the Wankhede Stadium. Tendulkar was left disappointed at the batting performance of Mumbai as the home team suffered a middle-order collapse, which included another flop show from skipper Ajinkya Rahane and Shreyas Iyer despite a strong opening partnership between Prithvi Shaw and Bhupen Lalwani. Prithvi Shaw and Bhupen Lalwani gave Mumbai a strong start with an 81-run stand before Yash Thakur dismissed Lalwani.

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.