TECHNOLOGY
Reserve Bank Urges NPCI to Assist in Ensuring Uninterrupted Operations of Paytm App
In an official statement released on Friday, the RBI stated, "The National Payments Corporation of India (NPCI) has been instructed by the RBI to review the request from One97 Communication Ltd (OCL) to serve as a Third-Party Application Provider (TPAP) for the UPI channel, allowing for the ongoing UPI operations of the Paytm app, in accordance with the established regulations."
Amazon's Strategy: Introducing 'Bazaar' - A Budget-Friendly Fashion Vertical in India
As per reports from TechCrunch, Amazon has communicated to its partners about the impending launch of 'Bazaar,' a specialized store dedicated to unbranded and trendy fashion and lifestyle products. Notably, this new vertical promises vendors freedom from additional charges.
Expanding on Success: realme Unveils the 12+ 5G Series Following the Triumph of the 12 Pro Series
The realme 12 Pro series 5G, which debuted earlier this year, has undeniably been a triumph for the brand, serving as its flagship release for the year. Garnering an overwhelmingly positive response, the smartphones have achieved a significant milestone with over 120,000 units pre-booked in the Rs 25,000-Rs 35,000 price range. This remarkable figure not only underscores the strong demand for realme's products but also reflects the trust and confidence that customers place in the brand.
Government Initiates Efforts to Foster Indigenous Mobile Phone Brand: Ashwini Vaishnaw
Addressing attendees at the launch event of the Indus App store by PhonePe, Vaishnaw revealed that the government is poised to greenlight 2-3 semiconductor plants imminently.
Samsung Galaxy Book 4 Series to Debut in India Later This Month
While the Galaxy Book4 Ultra may not be immediately available in the Indian market, sources indicate that sales of the Book4 Pro, Book4 Pro 360, and Book4 360 are likely to commence this month.
Google Joins Global Coalition for Transparency in AI Era Digital Content
Content Credentials, the C2PA's technical standard, aims to provide tamper-resistant metadata that can be attached to digital content, indicating how and when the content was created or modified.
realme Achieves Top 5 Status in India, Records 17.4 Million Sales in 2023
In addition to its overall success, realme made significant strides in India's online smartphone market, securing the third position both overall and for devices priced between Rs 10,000-Rs 20,000 in 2023. Notably, in December, the brand achieved the second spot on Amazon and maintained the third position by shipment on Flipkart within the same price range, further solidifying its online dominance.
itel Introduces itel P55 and P55+ with India's First 24GB RAM, 45W Power Charging
The itel P55 will be available in two variants: the 4+8GB+128GB variant priced at Rs 6,999 for online purchase, and the 8+16GB+128GB variant priced at Rs 8,999 for offline purchase. Meanwhile, the itel P55+ with an 8+8GB+256GB configuration will be available online for Rs 9,499.
Paytm: Government Affirms No Investigation or Systemic Stability Concerns
A Paytm spokesperson reiterated the company's commitment to regulatory compliance and enhancing processes to expand digital payments. This aligns with recent statements from senior government officials, including Financial Services Secretary Vivek Joshi, who emphasized that regulatory actions were precautionary measures to protect consumer interests and the economy.
Satya Nadella Stresses Importance of India-US Collaboration on AI Norms and Regulations
Nadella stressed the necessity for India and the United States to work together to establish norms and regulations for AI, rather than allowing fragmentation to occur. He emphasized the importance of cooperation in this area to ensure that AI benefits are accessible to all.
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