New Delhi: The State Bank of India in its latest research report raised India’s growth projection to (-)7.4 per cent for FY21 from previously expected (-) 10.9 per cent. The report said the revised GDP estimates are based on SBI ‘Nowcasting Model’ with 41 high frequency indicators associated with industry...
Transactions on Rupay card now also on slow internet
The National Payments Corporation of India (NPCI) has added a contactless offline transaction feature to the Rupay Card. With this, RuPay card holders will be able to make contactless offline payments at Point of Sales (PoS) machines even in areas with limited internet availability. Along with this, wallet facility has...
Facebook Takes Swipe At Apple While Supporting Draft EU Rules
Brussels: Facebook Inc on Tuesday said it hopes new draft rules by the European Union aimed at curbing powers of big U.S. companies could set boundaries for Apple Inc, its latest volley in an ongoing feud. The companies went up against each other after Apple announced a privacy feature allowing...
Walmart to begin deliveries with driverless trucks in 2021
New Delhi: Taking its autonomous vehicle pilot with a startup called Gatik to the next level, retail giant Walmart is now planning to start deliveries with driverless truck in the US state Arkansas starting next year. "This achievement marks a new milestone that signifies the first ever driverless operation carried...
Sensex lifetime high at 46,666.46 pts
Today, the domestic stock market has witnessed a great boom amidst strong global signals. Both the Sensex and the Nifty reached record highs in the business. The closing of both indexes was also recorded. The Nifty also crossed the 13650 level today. At the same time, the Sensex has managed...