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POS solutions provider Mswipe reports Rs 46 crore loss in FY24
Sci - Tech

POS solutions provider Mswipe reports Rs 46 crore loss in FY24

New Delhi, Dec 30: Mswipe, a point of sale (POS) solutions provider, has registered a loss of Rs 46.2 crore in FY24, against Rs 49 crore loss in FY23. Mswipe's income and expenditure last fiscal remained almost the same as compared to FY23. The company's total expenditure in FY24 was Rs 327.3 crore,...
India’s defence production poised to clock 20 pc annual growth in FY 2024-29
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India’s defence production poised to clock 20 pc annual growth in FY 2024-29

Mumbai, Dec 30: On the back of robust government reforms and increasing private sector participation, India’s defence sector production is set to grow at a compound annual growth rate (CAGR) of around 20 per cent during FY24-FY29, according to a report released on Monday. Indian defence sector...
Know all about ISRO’s SpaDEX mission set to launch on Monday
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Know all about ISRO’s SpaDEX mission set to launch on Monday

New Delhi, Dec 30: The Indian Space Research Organisation (ISRO) is all set to launch the SpaDeX mission aimed at achieving a historic space docking feat on Monday, the space agency said. The Space Docking Experiment (SpaDeX) mission, will lift off aboard the PSLV-C60 rocket, at 10:00:15 PM from...
CES 2025: AI-powered tech to dominate world
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CES 2025: AI-powered tech to dominate world's biggest electronics trade show

Seoul, Dec 30: South Korean companies are poised to showcase their advanced artificial intelligence (AI) technologies at CES 2025, the world's largest consumer electronics and IT trade show, scheduled to open in Las Vegas next week. Not only will major home appliance companies like Samsung...
Two CMFRI scientists earn prestigious NAAS recognition
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Two CMFRI scientists earn prestigious NAAS recognition

Kochi, Dec 28: In recognition to the ICAR Central Marine Fisheries Research Institute’s (CMFRI) pivotal role in advancing fisheries science, two of its scientists have been honoured by the National Academy of Agricultural Sciences (NAAS) for their exceptional contributions. Established in 1990, NAAS...
OpenAI’s o3 reasoning model ignites AI hype among top influencers
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OpenAI’s o3 reasoning model ignites AI hype among top influencers

New Delhi, Dec 28: Social media influencers have kicked off a fierce debate over OpenAI’s new o3 reasoning model, with some of them raising concerns about its high cost and the potential for over hyping its artificial general intelligence (AGI) capabilities. Several of them also expressed awe at its...
8 fold surge in bank fraud cases at Rs 21,367 crore in 1st half this fiscal: RBI
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8 fold surge in bank fraud cases at Rs 21,367 crore in 1st half this fiscal: RBI

New Delhi, Dec 28: There has been a significant surge in bank fraud cases in the first half this fiscal (April-September), with 18,461 incidents amounting to Rs 21,367 crore, according to a report by the Reserve Bank of India (RBI). This is an almost 28 per cent rise in the number of cases (14,480...
NASA confirms Parker Solar Probe safe after flying dangerously close to Sun
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NASA confirms Parker Solar Probe safe after flying dangerously close to Sun

New Delhi, Dec 27: NASA on Friday confirmed that its Parker Solar Probe spacecraft is "safe" after becoming the first “human made object” in history to fly dangerously close to the Sun. The US space agency said Parker, which on Tuesday made its record flyby of the Sun just 6.1 million km from the...
Telecom, pay-TV services revenue in India to reach $50.7 bn in 2029
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Telecom, pay-TV services revenue in India to reach $50.7 bn in 2029

New Delhi, Dec 27: Driven by mobile data and fixed broadband segment, the telecom and pay-TV services revenue in India is projected to increase at a compound annual growth rate (CAGR) of 2.5 per cent from $44.9 billion in 2024 to $50.7 billion in 2029, a report showed on Friday. GlobalData’s ‘India...
4 chip manufacturing units, 3 supercomputers this year to boost India’s global tech position
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4 chip manufacturing units, 3 supercomputers this year to boost India’s global...

New Delhi, Dec 27: The year 2024 saw four new semiconductor manufacturing units and three ‘Param Rudra’ supercomputers, among several other initiatives, to strengthen India’s position on the global tech stage, the government said on Friday. Tata Electronics Private Limited (TEPL)’s proposal for...
National Consumer Helpline records 10-fold jump in number of calls handled after technology revamp
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National Consumer Helpline records 10-fold jump in number of calls handled after...

New Delhi, Dec 26: The revamped National Consumer Helpline (NCH) of the Centre's Department of Consumer Affairs has registered a 10-fold increase in the number of calls it handles, while the average number of complaints registered per month has surged to 1,12,468 in 2024, according to an official...
CCPA slaps fine on 3 coaching institutes for misleading ads on UPSC CSE results
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CCPA slaps fine on 3 coaching institutes for misleading ads on UPSC CSE results

New Delhi, Dec 26: The Central Consumer Protection Authority (CCPA) on Thursday penalised three coaching institutes Vajirao and Reddy Institute, StudyIQ IAS, and Edge IAS for advertising misleading claims regarding the results of the UPSC CSE 2022 and 2023. The CCPA issued orders for violating the...
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