Platform Financial News

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Bank of India has upgraded its savings accounts for all segments which cover salaried employees, households, individuals, youth, etc. “The bank is poised to grow its Savings customer base with these newly upgraded Savings Accounts which are now enriched with the finest features, concessions & insurance cover," said Rajneesh Karnatak, MD & CEO of Bank of India.

X on Tuesday said it has removed newly-created Hamas-affiliated accounts and purged tens of thousands of posts for sharing graphic media, violent speech, and hateful conduct amid the ongoing Israel-Hamas violence, as its CEO Linda Yaccarino cancelled her appearance at a key tech conference next week. The platform said it is also continuing to proactively monitor for antisemitic speech. «We have taken action to remove several hundred accounts attempting to manipulate trending topics. Community Notes are now live on posts and new accounts are being enrolled in real time to propose and rate notes,» said the social media network.

Flipkart suspended its grocery delivery services after suffering an outage on Tuesday as the rush of people overwhelmed the platform amid its annual ‘Big Billion Days’ festive sale. The Flipkart Grocery service was down on the app as well as the web. “Please come back tomorrow. We are overwhelmed by your response,” said a banner as users landed on the grocery section of the app.

Today, people looking at a career in the world of data have a common question: how do you differentiate between a data scientist and a data analyst? The skills for both are similar, says Simplilearn, an online learning platform. While the role of a data analyst has been around for longer, data science started when the data boom led to the use of new technologies to manage, interpret and analyse such large data sets to make better decisions, according to Simplilearn. The work involves understanding business problems, looking at various sources of data to assess patterns, finding the best way to look at insights and then distilling them for outcomes. The learning platform says data scientists are primarily problem solvers. The kind of tools they need to work on are vast — Tableau, Python, Hive, Impala, PySpark, Excel, Hadoop, etc — to develop and test new algorithms. Data scientists look at both structured and unstructured data, and build AI and machine learning models. Meanwhile, the responsibilities for data analysts range from gathering data across databases, building complex queries using SQL and other tools, spotting trends and creating reports.

MSMEs and large firms, digital technology is a leveller for small enterprises, according to a pan-India survey done by the Indian Council for Research on International Economic Relations (ICRIER). The survey’s findings — which were released on October 9 in the report Annual Survey of Micro, Small, and Medium Enterprises (MSMEs) in India: Leveraging e-Commerce for the Growth of MSMEs — showed low awareness among MSMEs with regard to the benefits of integrating their operations with e-commerce platforms. Policymakers have to roll-out a multi-pronged strategy to change the status quo, it said. Mentioning some of the key benefits of leveraging e-commerce platforms for MSMEs, Radikha Kapoor, Professor at ICRIER, said, “E-commerce platforms have been found to enable them (MSMEs) to access wider markets, boosting their sales and revenue.

Hong Kong's leader says the city will seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister

Cricket World Cup began in India last week, with economists and stock-market pundits showing more enthusiasm for the contest than spectators. Empty seats during the inaugural match in Ahmedabad — played in a stadium named after Prime Minister Narendra Modi — was a bit of a buzz kill. The hope is that attendance will pick up during the course of the two-month-long tournament.

The crypto market has recently witnessed significant developments, notably relating to Ethereum ($ETH), Maker ($MKR), and InQubeta ($QUBE). On the one hand, Ethereum surges past a crucial threshold, while Maker shows signs of momentum. Simultaneously, InQubeta, the crypto of the moment, also exhibits a promising upward trajectory.

Ethereum and Bitcoin Spark are at the forefront as projects break through limitations to foster the growth of Web3. These two networks provide platforms for growth by going beyond just offering a digital currency that can be used to buy goods and services, as well as an investment vehicle that stores value and hedges against inflation.

MUMBAI : Zoho Corp. is experiencing a revenue growth slowdown due to macroeconomic challenges in its key North American market. Chief executive Sridhar Vembu said the company has turned cautious regarding spending and hiring, as many of the problems are unlikely to be resolved quickly.

Mint explains the hybrid approach: MCA’s new AI-powered compliance system will be rolled out on its MCA21 portal once an ongoing upgrade and migration of forms to high-security ones is completed in a couple of months, Mint reported, citing an unnamed official. However, while the system will draw up a list of errant companies, only an authorized official will take a decision in this regard. The idea is to adopt a “human-centric" approach to AI, and give the non-compliant companies time to respond before serving a notice.

NEW DELHI : Virtual reality (VR) goggles, immersive games and new shopping experiences introduced consumers to the metaverse in the last two years; however, the real growth of metaverse may happen on the enterprise side, as companies find multiple use cases. The metaverse is defined as a virtual immersive environment that mirrors our reality through technologies such as AI, blockchain, 5G, community and power platforms, augmented reality (AR), and virtual reality (VR).

Collaborative commerce platform Oyela has raised Rs 14.4 crore as part of fresh funding led by early-stage venture capital fund Prime Venture Partners. The company said it will use the funds to develop ecommerce technology, build chatbots for selling on various platforms with public profiles like Pinterest, YouTube, Threads as well as streamline the supply chain to help people set up and expand their own Instagram stores.

By Prateek Swain

A majority of MSMEs surveyed cited the inability to access markets, retain customers, and effectively market their products are among the top challenges, according to an ICRIER report unveiled on Monday.The report surveyed a total of 2,007 micro, small and medium enterprises (MSMEs) between November 4, 2022, and January 20, 2023.

₹52 to ₹74 per ten seconds. The rates, based on the recommendations of the rate structure committee set up by the ministry, include a 43% increase in the base rate taking into account rising costs dynamics between December 2015 and March 2023. The rising popularity of private FM channels in the country has been an important platform for the central government to inform people about policies and programmes to help citizens avail various schemes, it said in a statement.

₹15,999 for its Wi-Fi + 5G variant. The Galaxy Tab A9+ is priced at Rs. 20,999 for the Wi-Fi-only variant with 8GB RAM + 128GB storage.

Are you an online creator wondering how to maximise profits during the greatest Indian festive sales like Flipkart Big Billion Days, Myntra Big Fashion Festival, AJIO All Stars, etc? This article will help you learn the secret affiliate earning strategy of big affiliates, as well as unlock the affiliate marketing earning opportunities for you during the mega festive sales. There is no denying the increase of new social media users equally unlocking new earning opportunities for big affiliates, influencers and video creators. Each new user on a social media platform increases your chances of earning through an affiliate marketing program.

By Victoria Waldersee

new smartphone or just want to save big, this sale has something for everyone. From Apple to OnePlus and many more, you'll find your favourite brands at jaw-dropping discounts within your budget. In this HT article, we explore the world of Amazon sale products, making it easy for you to find the perfect mobile device along with the product's key specifications, features on iPhone Vs.