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PAYMENT FIRMS IMPACT RMG BAN
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...- UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target priceThe P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agen...
- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- US realty firm Opendoor winds down India operations, nearly 250 employees impactedOpendoor, a prominent player in real estate technology, is pulling out of its operations in India, leading to the unfortunate layoff of 250...
- Planning a beach holiday? This popular European beach has banned umbrellas for most visitorsSardinia's popular beaches are introducing new rules for summer. Most visitors cannot bring umbrellas. Only families with young children an...
- Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
- Thinking of prepaying your home loan? CA says why you might be doing it wrongChartered accountant Paaras Gangwal advises caution on home loan prepayments. He explains that early loan prepayments yield significant sav...
- BAN vs AUS 2nd odi Playing 11, live streaming, pitch report, weather updateBangladesh vs Australia 2nd ODI Live Streaming: Bangladesh aims to create history by securing their first-ever ODI series win against Austr...
- China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
- Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
- Nuvei to value Payoneer at about $2.7 billion including debt in deal, sources sayCanadian payments firm Nuvei is nearing a deal to buy Payoneer Global. The acquisition is valued at approximately $2.7 billion. This move w...
- Indian online buyers losing up to Rs 28,000 crore annually to dark patterns, hidden charges: ReportIndian shoppers are losing thousands of crores yearly due to deceptive online designs. Hidden charges and forced add-ons affect millions of...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
- From Australia to Europe, countries move to curb children's social media accessNations worldwide are enacting strict rules for social media access by children. Australia has banned platforms for those under 16. Britain...
- Big tech firms must stop young people circulating nude images, says UK PM StarmerUnder the new plans, companies like Apple and Google should build or activate technical solutions on smartphones and tablets to detect and...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
- RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
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