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ECONOMY
Indian firms process Rs 1,500 crore in salaries, benefits via Paytm Payouts
New Delhi: Paytm on Monday said its digital money transfer service Paytm Payouts has helped process Rs 1,500 crore in salaries and other benefits for medium and large enterprises in the country within the three months of lockdown.
During…
Jio tops race adding 62L new users in Feb, Airtel adds 9L
New Delhi: Reliance Jio continues at the top spot as the largest telecom company in terms of subscribers as it added over 62 lakh, new users, in February, followed by Bharti Airtel which added 9 lakh.
At the end of February, Reliance Jio…
RBI to conduct special ‘Open Market Operations’ to pump up liquidity
Mumbai: To pump up liquidity in the financial system, the Reserve Bank of India will conduct special ‘Open Market Operations (OMO) on July 2.
The special OMO session will see simultaneous purchase and sale of government securities for Rs…
AWS Outposts now in India, to boost data management on-premise
New Delhi: Amazon Web Services (AWS) on Monday announced the general availability of its fully-managed service AWS Outposts in India.
AWS Outposts extends AWS infrastructure and services to virtually any data centre, co-location space,…
SAP India unveils initiative to make MSMEs globally competitive
New Delhi: Enterprise software major SAP on Monday launched a new programme called "Global Bharat" to enable Indian micro, small and medium-sized enterprises (MSMEs) become globally competitive by equipping them with digital technologies.…
COVID-19 health insurance from July. Here’re details
New Delhi: With the Insurance Regulatory Development Authority of India (IRDAI) announcing the guidelines for two standard COVID-19 health insurance policies with uniform features, terms and conditions, the insurance companies will offer…
Co-op banks come under RBI as President clears ordinance
New Delhi: The Centre has brought urban and multi-state cooperative banks under the direct supervision of the Reserve Bank with President Ram Nath Kovind promulgating the Banking Regulation (Amendment) Ordinance, 2020.
The government had…
Rising vegetable prices burn holes in consumers’ pockets in Odisha
Bhubaneswar: The rising vegetable prices have dealt a blow to the consumers as the mean price of the consumables hover around Rs 60 a kilo gram in Odisha.
The buyers are having a tough time especially during COVID-19 times where the…
Realme eyes to sell 30mn phones, 8mn AIOT products by 2020-end in India: CEO
New Delhi: As India gears up to enter unlock 2.0 from June 30, realme India CEO Madhav Sheth has refreshed his target for the rest of the year, eyeing 30 million smartphones and 8 million Artificial Intelligence of Things (AIOT) products…
‘Grow with Google’ trains 50 million people in Asia Pacific
New Delhi: The Grow with Google initiative has trained 50 million people in the Asia Pacific to date, empowering small businesses and job seekers who are facing uncertainty and looking for digital skills training to help them increase their…
