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Big tech companies that harvest data of Indians should be held accountable, said External Affairs Minister S. Jaishankar at an interaction with former U.K. Prime Minister Tony Blair at the India Global Forum 2021. Answering a question, he pointed out that countries had responded “nationally” to an international problem like the current pandemic.
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This column reports on recent work presented at the first edition of the CEPR conference series on the Political Economy of Finance, which focused on the politics of regulation and central banking. The conference, held on 12 February 2021 and co-sponsored by three Dutch universities (Erasmus University Rotterdam, Tilburg University, University of Amsterdam), kickstarted the PolEconFin initiative (www.PolEconFin.org).
The recent drone attack at an Air Force base in Jammu has put the spotlight on where India stands on deep tech and also if the startup space is alive to that question.
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Repco Home Finance’s (Repco’s) Q4FY21 earnings exceeded our expectations with PAT growth of 33% y-o-y (3% earnings growth for FY21). Stage-3 pool being contained at 3.7% and credit cost managed sub-1% for Q4FY21 and 0.7% for FY21 came in as a positive surprise.
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Tech Mahindra NSE 1.31 % Ltd. has partnered with TAC Security, a risk and vulnerability management firm, to enable next-generation enterprise security for customers globally.
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Short-term funding needs, especially for health emergencies, can arise anytime, anywhere, especially in the current pandemic times. The Bank has extended an instant overdraft facility against FD to help customers tide over such funding requirements.
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India-based technology startup Salesken.ai has secured an exposed server that was spilling private and sensitive data on one of its customers, Byju’s, an education technology giant and India’s most valuable startup.
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Shares of AU Small Finance Bank NSE 1.93 % soared 9 per cent in early trade on Tuesday following the June 2021 quarter update by the lender.
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Tech stocks are unique in their ability to grow and turn a money-losing operation into a major cash flow. Technology is always in trend. Tech stocks have broken the barriers to traditional investment metrics like operating profits and price-to-earnings (P/E). Investors are keenly observing the tech market to make informed investment decisions.
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The consumer lender has brought some relief, as its early update for the June quarter showed that the second wave of the covid pandemic has impacted loan demand less than originally feared. Bajaj Finance added 4.6 million new loans in the June quarter, 15% less than the previous quarter.
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Tech experts love tech. However, other professionals — many of whom may be using it more widely in the new remote work world — may not see all the upsides, especially if they’re regularly running into issues such as crashes, slow performance and tech that just doesn’t seem to do what they need it to.
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The market continues to surprise us with its resilience. The correlation of Indian stock market with other emerging markets seems to have completely broken down.
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Leading electronic goods contract manufacturer Dixon Technologies (India) Ltd on Friday said it has received approval for IT hardware manufacturing under the government's PLI scheme.
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Dilip Kumar, without a doubt, was a man of countless seasons. From ushering Naya Daur to pioneering Kranti, the tragedy king of India had seen India transform. But he remained, towering as ever over the years, entertaining us as Prince Saleem, Devdas, Ram Aur Shyam, and more in his stellar career spanning six decades.
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The Indian market began this week on a positive note as the Nifty again surged towards 15,900 with strong support from banking counters. However, gains didn’t last long as selling pressure at higher levels once again saw the index slide to 15,800.
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The Arun Jaitley National Institute of Financial Management (AJNIFM) and Microsoft announced a strategic partnership to build an AI and emerging technologies Centre of Excellence at AJNIFM.
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The Union Minister for Finance & Corporate Affairs Nirmala Sitharaman discussed India's opportunities for growth and investment pertaining to India's wide-ranging reforms which continues to position the country as an attractive destination for foreign investors during the Global Investors Roundtable organised by the US-India Strategic Partnership Forum (USISPF).
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Entry of the so-called Big Tech companies in financial services in emerging markets such as India could present challenges to regulators towards maintaining adequate stability and governance of the ecosystem, the Reserve Bank of India said on Thursday.
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A consortium of lenders to the cash-strapped telco Vodafone Idea (Vi) has sought the finance ministry’s intervention to provide some relief to the company, after concerns were raised over its survival amid continued loss due to lower tariffs, the Economic Times mentioned in a report.
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The government on Friday launched six technology innovation platforms that will focus on the development of technologies for globally competitive manufacturing in India.
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Rajputana Investment & Finance reported no net profit/loss in the quarter ended March 2021 as against a net profit of Rs 0.01 crore during the previous quarter ended March 2020.
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A few decades ago, if a researcher wanted to ask how bad weather affected commuting patterns — the transport modes people use, the routes they take, the times they travel — they might have surveyed hundreds of people and counted cars, buses and bikes at major junctions.
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The finance world today is plagued with problems, from long transaction times to fees for moving money around. SafeTrip offers a bold solution to all of these issues—combining all financial resources under one umbrella.
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BIG TECH DIGITAL SERVICES PRIVACY AND DATA PROTECTION SOCIAL MEDIA TECHNOLOGY POLICY
The scramble for gold on the Internet has transferred control of vast swathes of cyberspace to a very small and select group: Big Tech. This has made ‘significant social media intermediaries’ highly profitable ad businesses that have grown amid non-existent privacy and weak intermediary liability laws.
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The World Bank announced today that it is providing over $4 billion to purchase and deploy COVID-19 vaccines for 51 developing countries, half of which are in Africa.
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With an increasing investors' interest in the agri-tech and agri-ecosystem sectors, a report has estimated that over USD 30-35 billion of the value pool will be created across the agricultural value chain by 2025.
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The data and statistics presented in this year’s report result from the uniform application of the methodologies developed jointly by the MDBs for their annual commitments.
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Sometime in May 2021, IIT Madras announced the development, in collaboration with the Massachusetts Institute of Technology, of human brain tissues called ‘organoids’ with the help of a 3D-printed bioreactor.
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The RBI should not print money to finance the fiscal deficit as it will lead to fiscal profligacy, eminent economist Pinaki Chakraborty said on Sunday, expressing hope that India will see a faster economic recovery if there is no major third pandemic wave.
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