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Sci - Tech
Aim to democratise telecom services under ‘Digital Bharat Nidhi’ initiative:...
2 Sep 2024 8:48 AM GMT
New Delhi, Sep 2: In an effort to advance digital connectivity and ensure equitable access to telecommunications services across all segments of society, the Centre on Monday said the first rules of the Telecom Act 2023, ‘Digital Bharat Nidhi,’ have now come into effect. Union Minister of...
Sci - Tech
India’s manufacturing growth eases in August, stays above long-run average
2 Sep 2024 8:40 AM GMT
New Delhi, Sep 2: The country’s manufacturing activity eased to three-month low at 57.5 in the month of August, which is below July’s reading of 58.1 but above the long-run average of 54, the HSBC India survey showed on Monday. The ‘India Manufacturing Purchasing Managers’ Index (PMI) compiled by...
Sci - Tech
Ola Electric’s market share drops to 31 pc in August, share extends losses
2 Sep 2024 8:38 AM GMT
New Delhi, Sep 2: Bhavish Aggarwal-run Ola Electric clocked its lowest monthly sales this year, dropping 34 per cent sequentially to 27,506 units in August, as its market share nosedived further to 31 per cent. As per vehicle registration data available on the central government's Vahan portal, Ola...
Sci - Tech
UPI processed Rs 81 lakh cr worth transactions in April-July, up 37 pc YoY
31 Aug 2024 6:24 AM GMT
New Delhi, Aug 31: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments...
Sci - Tech
Record forex reserves to boost economy, promote domestic trade: Industry
31 Aug 2024 6:22 AM GMT
New Delhi, Aug 31: The record all time high level of India’s forex reserves will create external sector resilience and boost economy across sectors, industry experts said on Saturday, as the country’s forex reserves surged $7.023 billion to touch a new high of $681.68 billion in the week ended...
Sci - Tech
India poised to become global AI hub: Tech futurist Stephen Ibaraki
31 Aug 2024 6:19 AM GMT
New Delhi, Aug 31: To become a global artificial intelligence (AI) hub, India needs to leverage its vast talent pool and establish AI-focused centres of excellence in collaboration with academic institutions and industry leaders, Stephen Ibaraki, a technology futurist and global thought leader, said...
Sci - Tech
Rooftop solar capacity up 26 pc in India in Jan-June amid govt push
30 Aug 2024 8:02 AM GMT
New Delhi, Aug 30: The country registered 26 per cent growth in rooftop solar capacity addition (year-on-year) at 1.1 gigawatt (GW) in the first half this year from 873 MW installed in the same period last year, a report has said. The 1.1 GW of rooftop solar capacity is the highest half-yearly...
Sci - Tech
Microbes deep within Arctic Sea yield promising prospects for antibiotics: Study
30 Aug 2024 8:00 AM GMT
New Delhi, Aug 30: A team of Finnish researchers has developed a new suite of methods to test for the antivirulence and antibacterial effect of hundreds of unknown compounds from the Arctic Sea. The team from the University of Helsinki targeted an enteropathogenic E. coli (EPEC) strain that causes...
Sci - Tech
Over 200 pc surge in property registrations among Mumbai's elderly post-Covid
30 Aug 2024 7:59 AM GMT
Mumbai, Aug 30: The share of overall property registrations by buyers of aged 61 and above surged 204 per cent in Mumbai, increasing from 7,554 in 2020 to 15,276 in 2024, as elderly buyers sought better properties for a stable lifestyle, a report showed on Friday. The proportion on registrations in...
Sci - Tech
Indian crypto exchange CoinSwitch sues WazirX to recover stuck funds
29 Aug 2024 10:40 AM GMT
New Delhi, Aug 29: Indian cryptocurrency exchange CoinSwitch has sued rival platform WazirX, saying they are taking legal action to recover the funds stuck on Nischal Shetty-run crypto platform. Ashish Singhal run CoinSwitch said it has been over a month since WazirX, a major crypto exchange...
Sci - Tech
PhonePe launches PG Bolt to revolutionise in app payments for merchants
29 Aug 2024 7:17 AM GMT
New Delhi, Aug 29: PhonePe Payment Gateway on Thursday announced the launch of PhonePe PG Bolt a groundbreaking solution that empowers merchants by offering the fastest in app payment experience to customers with a 99 per cent success rate. PhonePe PG Bolt offers a 1-second transaction time with the...
Sci - Tech
World's first 6th gen DRAM chip developed in South Korea
29 Aug 2024 7:12 AM GMT
Seoul, Aug 29: SK hynix, the world's second-largest memory chip maker, said on Thursday it has developed the world's first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology. According to SK hynix, the new product comes with an improvement in cost...
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