Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

India’s Central Bank Announces Capital Buffer Increases for SBI and HDFC Bank

According to a statement from Indias central bank, SBI, HDFC Bank, and ICICI Bank will continue to be the three domestic systemically important banks

According to a statement from Indias central bank, SBI, HDFC Bank, and ICICI Bank will continue to be the three domestic systemically important banks DSIBs. Starting in April 2025, the two biggest banks, SBI and HDFC Bank, would have to have larger capital buffers. HDFC Bank will increase its extra capital requirement to 0.40%, while SBI will see a 20 basis point increase to 0.80%. Such banks, considered "too big to fail," are guaranteed sufficient capital by these safeguards to avert systemic dangers in the financial system. The change comes after HDFC Bank merged with HDFC in December 2023. Read More..

B2B Tech News | 1 months ago          

India Imposes FiveYear AntiDumping Duty on Epichlorohydrin from China, Korea, and Thailand

India has levied a fiveyear antidumping tariff on Chinese, Korean, and Thai suppliers of epichlorohydrin, a chemical primarily used in adhesives. To s

India has levied a fiveyear antidumping tariff on Chinese, Korean, and Thai suppliers of epichlorohydrin, a chemical primarily used in adhesives. To shield home businesses from unfair competition brought on by imports priced below market, the levy, which has the potential to reach $557 per tonne, was implemented. By WTO regulations to guarantee fair trade practices, the move complies with the Directorate General of Trade Remedies recommendations. Similar taxes have been applied to other items by India to reduce lowcost imports. Read More..

B2B Tech News | 1 months ago          

Swiggy Shares Surge 15% on IPO Debut, Valuation Hits $11.9 Billion

Despite general market volatility, Swiggys shares jumped by about 15% on their first day after their $1.4 billion IPO. At its height, the corporation

Despite general market volatility, Swiggys shares jumped by about 15% on their first day after their $1.4 billion IPO. At its height, the corporation was valued at $11.9 billion. Although analysts praise Swiggys excellent brand and market position, they warn about the companys continuous losses and the challenging market conditions. Since the business has yet to profit, Swiggys success starkly contrasts with Zomatos 2021 IPO. Because they are concerned about Swiggys longterm financial trajectory, analysts have set a target price lower than the IPO price. Read More..

B2B Tech News | 1 months ago          

Visa Unveils Flexible Payments Feature in the U.S. and UAE to Enhance Consumer Control

In the United States and the United Arab Emirates, Visa is introducing a flexible payment feature that enables customers to access several financing s

In the United States and the United Arab Emirates, Visa is introducing a flexible payment feature that enables customers to access several financing sources with a single card. This feature, already present in several Asian countries, attempts to satisfy customers rising need for flexible payment methods. In line with the growing cooperation between fintechs and conventional financial institutions, Visa has teamed with Affirm in the United States and Liv Bank in the United Arab Emirates. Soon, the capability will be extended throughout Europe, giving customers greater financial autonomy. Read More..

B2B Tech News | 1 months ago          

Dell Issues Critical Security Patches for Enterprise SONiC to Address Remote Execution Vulnerabilities

With the introduction of essential security upgrades for its Enterprise SONiC operating system, Dell has fixed several flaws that would have let hacke

With the introduction of essential security upgrades for its Enterprise SONiC operating system, Dell has fixed several flaws that would have let hackers circumvent authentication procedures or remotely execute instructions. Because of these problems, SONiC versions 4.1.x and 4.2.x may be compromised, or highprivilege commands may be executed. Dell has highly advised upgrading to versions 4.1.6 or 4.2.2 to reduce these risks. Users are advised to apply the updates immediately to protect their computers because the vulnerabilities have been classified as extremely serious. Read More..

B2B Tech News | 1 months ago          

Amazon Unveils New AI Chips to Challenge Nvidia’s Market Dominance

Amazon plans to introduce new AI processors created by its Annapurna Labs division to compete with Nvidia in the AI processor industry. These chips, w

Amazon plans to introduce new AI processors created by its Annapurna Labs division to compete with Nvidia in the AI processor industry. These chips, which include the soontobereleased Trainium 2, are intended to help Amazon Web Services AWS users save money and increase productivity. Wellknown customers, including Deutsche Telekom, Databricks, and Anthropic are already testing the technology. By utilising bespoke chips, AWS hopes to decrease cloud computing costs and optimise infrastructure while preserving compatibility with Nvidias CPUs. This change aligns with a more significant trend among digital behemoths to create inhouse chips to boost AI development and lessen reliance on outside vendors. Read More..

B2B Tech News | 1 months ago          

BSNL Launches IFTV India’s First FibreBased Intranet TV Service

Using its fibretothehome FTTH network, Bharat Sanchar Nigam Limited BSNL has introduced IFTV, the countrys first fibrebased intranet TV service. This

Using its fibretothehome FTTH network, Bharat Sanchar Nigam Limited BSNL has introduced IFTV, the countrys first fibrebased intranet TV service. This service, initially available in Madhya Pradesh and Tamil Nadu, provides over 500 live TV stations of excellent quality. Users data packs wont be reduced by streaming data, in contrast to other services. Although it only works with Android TVs version 10+, it also supports overthetop OTT services like Netflix, Disney+ Hotstar, and Amazon Prime Video. Aiming for safe, dependable, and reasonably priced service delivery, this launch comes after BSNLs recent nationwide IPTV and WiFi roaming deployment. Read More..

B2B Tech News | 1 months ago          

Google DeepMind Unveils AlphaFold 3, Advancing AI in ProteinMolecule Interactions

AlphaFold 3, an AI model developed by Google DeepMind, has been secretly published. It improves on the capabilities of its predecessor by forecasting

AlphaFold 3, an AI model developed by Google DeepMind, has been secretly published. It improves on the capabilities of its predecessor by forecasting interactions between proteins and other molecules, such as DNA and RNA. This advancement may hasten the drug discovery process by offering a more profound understanding of the protein structures essential for successful medicinal treatments. Built on the innovations of AlphaFold 2, which won Demis Hassabis and John Jumper the 2024 Nobel Prize in Chemistry, the opensource model is accessible on GitHub for scholarly usage. However, to access the model weights, Google must provide specific authorisation. Read More..

B2B Tech News | 1 months ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   4009   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2762   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3042   

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.
   3232   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4232   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.