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Reserve Bank of India (RBI) Targets One Million CBDC Users by June-End-thumnail

Reserve Bank of India (RBI) Targets One Million CBDC Users by June-End

The Reserve Bank of India (RBI) is aiming to onboard one million users for its central bank-backed digital currency (CBDC) by the end of June, according to T Rabi Shankar, Deputy Governor of RBI. He made this announcement during a press conference following the monetary policy announcement on Thursday.

Finance

Jun 9, 2023

“DigiYatra Facility at Delhi’s IGI Airport’s T3 Offers Contactless Travel with Facial Recognition”-thumnail

“DigiYatra Facility at Delhi’s IGI Airport’s T3 Offers Contactless Travel with Facial Recognition”

Delhi’s IGI Airport’s T3 (Terminal3) introduces a contactless travel experience with facial recognition through the DigiYatra facility. Passengers can now register in just one minute by scanning their boarding pass and face, eliminating the need for a mobile app. The initiative aims to provide hassle-free and seamless travel while enhancing security and saving passengers valuable time.

News

Jun 9, 2023

Toyota will invest $328 million in a hybrid pickup plant in Mexico-thumnail

Toyota will invest $328 million in a hybrid pickup plant in Mexico

Toyota, a Japanese automaker, announced on Thursday that it would increase its investment in a facility in the state of Guanajuato, central Mexico, by $328 million as it tries to modify its manufacturing procedures for a new hybrid version of its Tacoma pickup vehicle.

Investment & Funding

Jun 9, 2023

“Zomato Removes Controversial World Environment Day Ad After Backlash and Allegations of Caste Discrimination”-thumnail

“Zomato Removes Controversial World Environment Day Ad After Backlash and Allegations of Caste Discrimination”

Foodtech giant Zomato faces backlash and accusations of caste discrimination for its ad featuring actor Aditya Lakhia. The controversial World Environment Day ad, highlighting plastic waste recycling, was taken down after users criticized it on social media. Zomato has a history of marketing controversies, adding to a trend of public disputes among Indian startups.

Marketing

Jun 9, 2023

“India’s First Pod Taxi Project Receives Green Light for Noida International Airport to Film City Route”-thumnail

“India’s First Pod Taxi Project Receives Green Light for Noida International Airport to Film City Route”

“Uttar Pradesh’s PPP Bid Evaluation Committee has approved the groundbreaking project for India’s inaugural pod taxi system, connecting Noida International Airport and Film City. Tenders are set to be issued soon for the elevated corridor, which will feature 12 stations and an estimated cost of Rs 671 crore.”

Business

Jun 9, 2023

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”-thumnail

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”

Odisha government greenlights investment proposals worth Rs 3,457 crore, generating employment for over 14,000 individuals. The approvals, granted at the State Level Single Window Clearance Authority (SLSWCA) meeting, include projects in sectors such as metal downstream, pharmaceuticals, food processing, cement, textiles, IT, and ESDM. Odisha cements its position as a top investment destination.

Business

Jun 9, 2023

Protests Threaten Expansion Plans of Gevra Coal Mine in Chhattisgarh, India-thumnail

Protests Threaten Expansion Plans of Gevra Coal Mine in Chhattisgarh, India

Protests have erupted against the expansion plans for the Gevra coal mine in the eastern province of Chhattisgarh, posing challenges to Coal India Ltd’s ambitions to increase its annual capacity to 70 million tons.

News

Jun 9, 2023

Wall Street Closes With Historically Low Volatility Before A Busy Week-thumnail

Wall Street Closes With Historically Low Volatility Before A Busy Week

The bounce in technology companies helped U.S. markets close higher on Thursday, recovering some of their previous momentum. Volatility also decreased to record lows ahead of a busy economic and policy schedule the following week.

A new post-pandemic record low was reached for the CBOE Volatility index, also referred to as Wall Street’s fear barometer.

Business

Jun 9, 2023

Apple Announces Game Porting Toolkit for macOS Sonoma: Bringing Windows Games to Mac-thumnail

Apple Announces Game Porting Toolkit for macOS Sonoma: Bringing Windows Games to Mac

At the Worldwide Developers Conference 2023, Apple unveiled its highly anticipated mixed-reality headset, capturing the attention of tech enthusiasts worldwide. However, this was not the only exciting announcement from the American tech giant. Apple also provided a preview of upcoming features and tools that will be available on its platforms later this year. One such tool that caught the spotlight is the Game Porting Toolkit for Macs, set to accompany the release of macOS Sonoma.

New Launch

Jun 8, 2023

McDonald’s India collaborates with Simpl to provide online payment options-thumnail

McDonald’s India collaborates with Simpl to provide online payment options

McDonald’s India has partnered with Simpl to provide online payment options. 

McDonald’s India is a prominent fast-food restaurant that has operated in the nation since 1996. The brand, which is a joint venture between McDonald’s Corporation and Indian merchants, has over 400 shops throughout the nation and serves burgers, fries, and other fast food options.

Business

Jun 8, 2023

Vistara to add 10 aircraft and 1,000 passengers this fiscal year; shelving plans to fly to the United States-thumnail

Vistara to add 10 aircraft and 1,000 passengers this fiscal year; shelving plans to fly to the United States

According to a senior official, full-service airline Vistara aims to add 10 aircraft and recruit more than 1,000 personnel in the current fiscal year, but has scrapped plans to fly to the United States. Vistara, which is poised to combine with Air India, now operates 61 planes and employs approximately 5,200 people. With the demise of Go First, Vistara CEO Vinod Kannan said this week that there is a ready pool of personnel, particularly pilots and cabin crew members.

News

Jun 8, 2023

WhatsApp to Introduce HD Photo Sharing Feature, Allowing Users to Send High-Definition Images-thumnail

WhatsApp to Introduce HD Photo Sharing Feature, Allowing Users to Send High-Definition Images

WhatsApp is reportedly introducing HD Photo Sharing Feature allowing users to send high-definition photos. The feature, currently rolling out to Android and iOS beta versions, lets users choose the quality of the images they share. While minor compression still occurs, the update preserves the original dimensions of the photos.

New Launch

Jun 8, 2023


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