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Sci - Tech
Digital lending market in India grows 33 pc, digital transactions surge 44 pc
28 Jun 2024 12:55 PM IST
New Delhi, June 27: The digital lending market in India grew at 33 per cent Compound Annual Growth Rate (CAGR) from FY19 till FY23 reaching Rs 2,905 thousand crore in FY23 from Rs 913 thousand crore in FY19, a report showed on Thursday. In the same time period, digital transactions surged by 44 per...
Sci - Tech
Chandigarh University, Bajaj Auto sign pact for skill enhancement
28 Jun 2024 11:58 AM IST
Chandigarh, June 27: The Chandigarh University and Bajaj Auto Ltd have signed a memorandum of understanding for a six-month skill development residential programme on the call of Prime Minister Narendra Modi. The Bajaj Engineering Skill Training (BEST) Centre of Excellence, to come up on the varsity...
Sci - Tech
India leads global AI research, Bengaluru 7th best AI Hub: Report
28 Jun 2024 11:55 AM IST
New Delhi, June 28: Bengaluru is now ranked seventh on the top 10 list of artificial intelligence (AI) Hubs worldwide, a report showed on Friday, adding that India (tied with Germany) has the highest number of AI research institutions globally. Bengaluru, with 759 AI startups has an aggregate score...
Sci - Tech
AWS picks 24 Indian startups for space accelerator programme
28 Jun 2024 11:46 AM IST
New Delhi, June 28: Amazon Web Services (AWS) on Friday announced its first ever space accelerator programme in India, selecting 24 startups from the country, providing a big boost to the space startup sector. The selected startups operate in a range of space segments such as spacecraft propulsion,...
Sci - Tech
India likely to see 5 times rise in data centre capacity expansion: Report
27 Jun 2024 3:58 PM IST
New Delhi, June 27: Driven by steep data usage and digital adoption, India is likely to see a five times rise in data centre capacity expansion in years to come, a new report said on Thursday. The country requires an additional 1.7-3.6 GW (gigawatt) data centre capacity over and above the planned...
Sci - Tech
Time is ripe for founders to take a crack at ‘Bharat’ opportunity: Accel’s Anand...
27 Jun 2024 3:54 PM IST
New Delhi, June 27: Accel, one of the world’s top venture capital firms, has identified ‘Bharat’ as a massive blue ocean opportunity for Indian startups, citing promising economic indicators and evolving consumer behaviour across Tier 2, Tier 3 cities and rural areas. Accel defines Bharat as...
Sci - Tech
Residential sales taper down in April-June period in top 7 cities, up 5 pc YoY
27 Jun 2024 3:52 PM IST
Mumbai, June 27: Residential sales across top seven cities in India tamed down marginally in the second quarter this year, amid increasing property prices and a high base record of the previous quarter. Housing sales witnessed a quarterly drop of 8 per cent and stood at nearly 1,20,340 units in Q2...
Sci - Tech
Flipkart-backed super.money to democratise financial services by leveraging UPI:...
27 Jun 2024 3:51 PM IST
New Delhi, June 27: The super.money app, backed by e-commerce platform Flipkart, aims to democratise access to financial services by leveraging Unified Payments Interface (UPI) infrastructure, its Founder and CEO Prakash Sikaria said on Thursday. super.money, a UPI super app backed by Flipkart, has...
Sci - Tech
Google brings 5 new tools to Chrome mobile app to boost search experience
27 Jun 2024 1:03 PM IST
New Delhi, June 27: Google has announced five new features in its Chrome browser on Android and iOS mobile devices to boost the search experience. These include new shortcuts for local search results and a refreshed address bar for easier navigation. Notably, the new ‘Chrome Actions’ feature will...
Sci - Tech
Time to upgrade cybersecurity measures to address dynamic threat landscape:...
26 Jun 2024 3:10 PM IST
New Delhi, June 26: In the wake of growing cyber threat incidents, the country needs to continuously upgrade cybersecurity measures to address new vulnerabilities and dynamic threat landscapes, the government has said. The state sponsored hacking threats are on the rise worldwide, including in...
Sci - Tech
NASA’s weather, solar storms monitoring GOES-U satellite en route to space
26 Jun 2024 3:03 PM IST
New Delhi, June 26: NASA on Wednesday successfully launched the GOES-U (Geostationary Operational Environmental Satellite U) aimed at monitoring weather in space and on Earth as well as large solar storms. GOES-U is the fourth and final satellite in the GOES-R satellites series from the National...
Sci - Tech
5G subscriptions projected to reach 840 million in India by 2029 end: Report
26 Jun 2024 3:02 PM IST
New Delhi, June 26: 5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday. According to the Ericsson Mobility Report, total mobile subscriptions in the region are...
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