RBI proposes raising the UPI Lite transaction limit to Rs 500 for smoother small-value payments, reducing authentication for speed. NFC tech enables offline payments, addressing weak connectivity issues.

RBI Governor Shaktikanta Das announced the third consecutive pause on rate hikes by the monetary policy committee, signaling readiness to act if needed.

Those who have been following rural development trends and policies over the past several years have certainly heard a lot about the necessity of promoting entrepreneurship in rural areas. As

The nation’s first piece of law to protect personal data was adopted by the Parliament on Wednesday, a significant milestone. The bill is called the Digital Personal Data Protection Bill (DPDP). The bill has been designed to be adaptive to changing technical ideas, enabling the addition of new data concepts without calling for further modifications, according to Minister of Communications and Information Technology Ashwini Vaishnaw.

Disney+ Hotstar, a streaming platform, in India, faced a setback during the June quarter as it experienced a decline of 24% in its subscriber base. This translates to a loss of 12.5 million users. The platform has been witnessing declines mainly due to the loss of broadcasting rights for the Indian Premier League (IPL) and the conclusion of partnerships with HBO. In addition to that the rise of JioCinema, as a competitor and its introduction of content have further contributed to Hotstars decline.

The company claims to have already invested $140 million in start-ups in India.

The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Amazon is, among the tech giants that are investing in the IPO of Arm Ltd underscoring the significance of Arms computing capabilities. Amazon Web Services chip, known as Graviton is built on Arms design. Arm is aiming to secure funding in the range of $8 10 billion. Has set its sights on a debut on Nasdaq. The involvement of investors in Arm further strengthens customer relationships making its IPO more appealing as SoftBank Vision Fund works towards recovery efforts. With a pivot, towards high royalty data servers and PCs Arm is positioning itself for growth.

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment

The assets of trucking company Yellow Corp (YELL.O) have drawn substantial interest and their sale may exceed the $1.4 billion in secured debt held by the business, Fox Business said on Tuesday.

A Memorandum of Understanding (MoU) for the building of two pumped hydro storage projects (PSP) totalling $13,000 crore has been signed between Tata Power and the Maharashtra government. The two

According to research from Anarock Research, luxury property prices have increased by 24% in India’s top seven cities over the previous five years, outpacing the rise in the value of affordable housing. Luxury homes are in more demand as a result of the pandemic’s impact on housing choices, which has raised their price range.