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Paytm Shares Drop 10% as Finance Ministry Rejects UPI Transaction Fee Rumors

After Indias Finance Ministry rejected allegations that UPI transaction fees would be introduced, claiming they were unfounded and untrue, Paytms stoc

After Indias Finance Ministry rejected allegations that UPI transaction fees would be introduced, claiming they were unfounded and untrue, Paytms stock fell 10%. Though the government reiterated its commitment to zero MDR Merchant Discount Rate for UPI payments, the conjecture had stoked expectations of greater payment margins. Analysts caution that Paytms adjusted core profitability may drop by more than 10% in FY26 and FY27 in the absence of MDR or further government incentives. Citing high operating costs, the Payments Council of India had earlier urged the government to reevaluate MDR for major merchants. Read More..

B2B Tech News | 19 days ago        

ECB Cuts Interest Rates to 2% as Inflation Falls Below Target

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Euroz

After a peak of 4% in 2023–2024, the European Central Bank ECB lowered its benchmark deposit rate to 2% for the seventh time. Amid a declining Eurozone economy and trade concerns with the United States, the move attempts to boost consumers and businesses. ECB President Christine Lagarde stressed that there is still an opportunity for additional easing because inflation has dropped to 1.9%, which is below the 2% target. Inflation is expected to return to 2% by 2027, although the ECB also lowered its 2026 inflation projection to 1.6%. Because of the uncertainties surrounding U.S. trade policies, the ECB is still cautious, even if analysts expect more rate reductions. Read More..

B2B Tech News | 19 days ago        

Ethiopia Projects 8.9% GDP Growth for 2025/2026 Amid Debt Challenges

Finance Minister Ahmed Shide has raised the forecast for Ethiopias economys growth from 8.4% to 8.9% in fiscal year 2025–2026. Despite this hope, E

Finance Minister Ahmed Shide has raised the forecast for Ethiopias economys growth from 8.4% to 8.9% in fiscal year 2025–2026. Despite this hope, Ethiopia still has problems with inflation, debt, and currency shortages. The country agreed to stop supporting its currency and undertake a 30% devaluation in exchange for a $3.4 billion rescue from the IMF, which helped to drive inflation to 14.4% in April. For economic stabilisation, the central bank has restricted lending to the private sector and tightened controls on the money supply. Ethiopia must also fulfil its obligations to economic transformation by allowing foreign investment in its banking and telecommunications industries. Read More..

B2B Tech News | 19 days ago        

U.S.China Framework Agreement Eases Rare Earth and AI Chip Export Curbs

After two days of negotiations in London, the U.S. and China have settled on a framework agreement to reduce export limits on advanced technology and

After two days of negotiations in London, the U.S. and China have settled on a framework agreement to reduce export limits on advanced technology and rare earth minerals. Presidents Donald Trump and Xi Jinping are currently awaiting acceptance of the agreement, which expands upon the Geneva consensus reached in May. In addition to removing U.S. limitations on AI chips and semiconductor design software, the accord seeks to restart rare earth exports from China. If a more comprehensive trade agreement is not reached by August 10th, tariffs will return to their pretruce levels. Read More..

B2B Tech News | 19 days ago        

Japan’s Cashless Shift Accelerates as BOJ Explores Payment System Innovation

As a result of Japans transition to a cashless society, the Bank of Japan BOJ has called for payment system innovation. In 2024, digital transactions

As a result of Japans transition to a cashless society, the Bank of Japan BOJ has called for payment system innovation. In 2024, digital transactions surpassed the governments 40% target by a year, reaching 42.8%. Although Japan has always preferred physical currency, in order to guarantee safe, effective, and widely available payment systems, officials are currently looking into central bank digital currency CBDC solutions. In 2023, the BOJ initiated a CBDC pilot program, talking with government and private organisations about its structure. BOJ Deputy Governor Shinichi Uchida stressed that although there is still a large need for cash, the use of banknotes may decline dramatically in the future due to digitisation. Read More..

B2B Tech News | 19 days ago        

IndiaEFTA Free Trade Agreement’s Swiss Component Set for October 2025 Implementation

Following ratification by Iceland, Liechtenstein, and Norway, the Swiss portion of the IndiaEFTA free trade agreement FTA would go into effect by Octo

Following ratification by Iceland, Liechtenstein, and Norway, the Swiss portion of the IndiaEFTA free trade agreement FTA would go into effect by October 2025, according to confirmation from Commerce Minister Piyush Goyal. The arrangement is anticipated to go into effect after Switzerlands regulatory process is completed in about two and a half months. Signed in March 2024, the deal allows dutyfree access to 99 per cent of Indian exports, including rice, and guarantees a $100 billion investment commitment from EFTA countries over 15 years. Goyal urged Swiss companies to look into investment potential in industries like space, precision engineering, and pharmaceuticals, highlighting Indias technological innovations and highly qualified workforce. Read More..

B2B Tech News | 19 days ago        

OpenAI Strikes Cloud Deal With Google, Expanding Beyond Microsoft Azure

OpenAI is moving away from its sole reliance on Microsoft Azure after striking an unexpected cloud arrangement with Google. Finalised in May 2025, th

OpenAI is moving away from its sole reliance on Microsoft Azure after striking an unexpected cloud arrangement with Google. Finalised in May 2025, the agreement enables OpenAI to leverage Google Clouds infrastructure to satisfy its increasing needs for AI computation. After securing billiondollar agreements with CoreWeave, SoftBank and Oracle for its $500 billion Stargate project, OpenAI is now branching out beyond Microsoft. For analysts, this is a victory for Google Cloud, even though there are worries that ChatGPT could challenge Googles search dominance. With an annual revenue run rate of $10 billion, OpenAI has solidified its place in the AI race. Read More..

B2B Tech News | 19 days ago        

Qualcomm Acquires Alphawave for $2.4 Billion to Expand AI and Data Center Capabilities

With the goal of enhancing its AI and data centre capabilities, Qualcomm has agreed to pay $2.4 billion to purchase Alphawave, a semiconductor company

With the goal of enhancing its AI and data centre capabilities, Qualcomm has agreed to pay $2.4 billion to purchase Alphawave, a semiconductor company based in the UK. Alphawave shareholders receive 183 pence per share in the deal, which is 96% more than the closing price prior to Qualcomms disclosure of its interest. Alphawave is a critical partner for Qualcomms growth beyond smartphones since it specialises in highspeed networking solutions for data centres and AI workloads. Depending on regulatory approvals, the deal is anticipated to close in early 2026. Read More..

B2B Tech News | 1 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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