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NEW DELHI : The government is set to notify rules that will mandate social media platforms to tackle the menace of deepfakes, after repeated advisories failed to get the desired result, Union minister of state for information technology Rajeev Chandrasekhar said on Tuesday. “We had issued an advisory and we have also said that if we are not satisfied with the compliance, we will notify newly-amended rules that are much more specific to the issue of misinformation and deepfake in particular.

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CCI on Tuesday cleared the proposed combination involving the merger of various entities of the Shriram Group. The proposed combination relates to the amalgamation of Shriram GI Holdings Pvt Ltd with Shriram General Insurance Company Ltd. Shriram General Insurance Company is a joint venture between Shriram Capital and Sanlam Ltd (South Africa). It is an Irdai-licensed company, offering a wide range of general insurance solutions.

The use of cryptocurrencies is growing with each change in the time of year. This led to the emergence of specialized services that allow users to exchange digital coins for other coins or fiat money.

NEW DELHI : India is taking a tough stand on non-tariff barriers being imposed on Indian exports by other countries and would also take similar measures on a reciprocal basis, Commerce and Industry Minister Piyush Goyal said on Tuesday. He asked the industry to share a list of such measures so that India can flag them with the respective nations. Many of India's exports suffer due to such barriers which include cumbersome prior registration requirements, higher pesticide levels, and unreasonable domestic standards/rules in many countries.

A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with incoming European Union digital competition rules.

Winzo on Tuesday said it has launched the 'Bharat Tech Triumph' initiative which is aimed at enhancing the global export of culturally relevant games and related technology originated in Bharat. The company said this program focuses on nurturing homegrown startups by providing crucial resources for growth such as offering a global platform and access to FDI.

Karnataka Bank and non-banking finance company (NBFC) Clix Capital on Tuesday signed up for a strategic digital co-lending partnership through the platform Yubi Co.Lend. The partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employment growth. The agreement is in line with the Reserve Bank of India's guidelines on co-lending by banks and NBFCs to priority sectors. The partnership combines Karnataka Bank’s low cost of funds, end-to-end digital capabilities and expertise to offer credit facilities to this segment along with Clix Capital's strong & easy lending tech platform and robust due diligence.

mandis, the company informed in a media release. «Aimed at facilitating farmers, traders, FPOs as well as corporate entities involved in quality check of the food grains. a total of 31 centreshave been opened in the initial phase across Delhi and Madhya Pradesh.

Atsuya Technologies has bagged the Genesis Innovator award at the National Startup Awards 2023. Union Industries Minister Piyush Goyal gave away the awards at an event in Delhi on Tuesday. The awards are announced annually by Startup India, an arm of the Union government, to recognise startups engaged in developing cutting-edge products and solutions, across sectors.

The use of messaging apps has become a major talking point in the financial services industry following the eye-watering fines given to some big names in the industry, totaling more than $2.5 billion.  

Mergers and acquisition chatter in the registered investment advisor market started off at a substantial volume in 2024 as reports of Fisher Investments potentially seeking a buyer kicked off the new year. Fisher Investments, with $236 billion in client assets, denied the reports.

Tesla (NASDAQ:TSLA) CEO Elon Musk revealed on social media platform X (formerly Twitter) that the multi-billionaire is “uncomfortable” with the idea of expanding the automaker's role in artificial intelligence and robotics without first securing a minimum of 25% of voting control of the company, a stake nearly double his current ownership.

Investing.com — Goldman Sachs (NYSE:GS) has reported fourth-quarter revenue that topped analysts estimates thanks in part to strength in equity sales and trading that helped offset weakness at the Wall Street giant's core investment banking unit.

Kannada song from the 1974 Rajkumar starrer Eradu Kanasu was trending on social media platforms on Tuesday after Prime Minister Narendra Modi posted a video of Chennai-based vocalist Sivasri Skandaprasad singing it. “This rendition by Sivasri Skandaprasad in Kannada beautifully highlights the spirit of devotion to Prabhu Shri Ram. Such efforts go a long way in preserving our rich cultural heritage," the PM said in a post on social media platform X.

PhonePe and jewellery brand CaratLane on Monday announced their partnership to enable consumers to purchase jewellery by redeeming their accumulated Digital Gold. «Consumers who have invested in 24K Digital Gold on PhonePe in partnership with CaratLane can redeem it for a jewellery of their choice at CaratLane and can also avail up to 7% extra on redemption amount (7% for Diamond jewellery, 4% for Gold jewellery, and 2% for Gold coins),» the companies said in a joint press release. The above said offer is valid till the end of this month. This strategic alliance aims to revolutionise the way people acquire and gift beautiful everyday jewellery. «Gold Savings is one of the key investment options for customers in India, and we have seen a strong inclination towards Digital Gold investment on our platform in the last few years. We are confident that this partnership will transform the way people invest in Gold,» said Sonika Chandra, Chief Business Officer — Consumer Payments at PhonePe. Avnish Anand, Chief Executive Officer at CaratLane finds that this initiative is very similar to digitisation of payments. «The whole point of building the Digital Gold business is to provide a simpler cost-effective solution to consumers who buy and gift gold for future jewellery purchases. Today most such customers buy gold coins. This strategic partnership with PhonePe is a crucial step in making that happen,» said Anand. PhonePe and CaratLane have also said that they offer 99.99 per cent purity-certified 24K Digital Gold through this partnership.

Amazon Republic Day Sale, many premium smartphones from big brands like Samsung, Apple, and Motorola are currently available for a fraction of their original price. With future-ready technology in the mix, flagship smartphones now include foldable devices that can completely transform your experience.

The pre-owned category is a growing segment in the country that is being driven by consumers' desire to own rare and unique products and be more sustainable in their purchases. In addition, with the growing influence of western fashion trends and the rise of disposable income, consumers are looking at buying exclusive pieces that are easily available.

Slashed earnings estimates are creating the optimal platform for US companies to beat expectations this earnings season, according to Morgan Stanley’s Michael Wilson.

SLCM) Group has launched physical “Krishi Quality Janch Kendra” an AI ML-empowered solution that is set to facilitate food grain quality checks (QC) in India. Aimed at helping farmers, traders, FPOs as well as corporate entities involved in QC of food grain, a total of 31 centres have been opened in the initial phase of the initiative across Delhi and Madhya Pradesh. SLCM intends to establish at least 600 more Krishi Quality Janch Kendra Centre’s across different parts of the country till the end of February 2024.

Mallikarjun Kharge hit out at the Narendra Modi-led BJP government for pushing the country's startup entrepreneurs, creative people and jobless youth “to the wall.” On the eve of National Startups Day, Kharge took to social media platform X and said the government’s Startup India initiative has become a vehicle to garner publicity for Prime Minister Modi as it has miserably fallen short on delivery.