Karnataka Government Invites Elon Musk to Set Up Business in State

Karnataka Government Invites Elon Musk to Set Up Business in State

ByNews Polite

The Karnataka government has extended an invitation to business magnate Elon Musk to set up businesses in the southern state.  Karnataka’s Minister for Commerce and Industries, Infrastructure MB Patil, in a Twitter post, wrote his state Karnataka is the “ideal destination” for Tesla‘s expansion into India. “If Tesla considers setting up a plant in India, Karnataka, with its great potential and capabilities, I must say is The Destination,” he added. “As a progressive state and a thriving hub…

5G in India Seen Accounting for About 57 Percent of Mobile Subscriptions by 2028: Ericsson Mobility Report

5G in India Seen Accounting for About 57 Percent of Mobile Subscriptions by 2028: Ericsson Mobility Report

ByNews Polite

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 percent of mobile subscriptions in the country by the end of 2028, making it “the fastest growing” 5G region globally, according to Ericsson Mobility Report.  With the…

Electronic Governance Could be Finetuned if India Accelerates Blockchain R&D: ZebPay’s Anuj Garg

Electronic Governance Could be Finetuned if India Accelerates Blockchain R&D: ZebPay’s Anuj Garg

ByNews Polite

As India continues to progress in nurturing, developing, and adopting modern technologies, its population of nearly two billion are also getting accustomed to the virtual convenience. The massive success of the UPI payment system — that is currently used by over 300 million monthly active users — is a testimony…

Bharatmeta, Indian Metaverse Platform by Kiya.AI Showcased at Tech Event in Paris

Bharatmeta, Indian Metaverse Platform by Kiya.AI Showcased at Tech Event in Paris

ByNews Polite

India could soon be a leading player in the metaverse technology. In a first of its kind, India-based Kiya.ai, which is into Artificial Intelligence and other emerging technology-based solutions services, showcased its version of the metaverse called Bharatmeta at the ongoing VivaTech event in Paris 2023. The Bharatmeta has been…

Flipkart, PhonePe Could Be 0 Billion Businesses in India, Claims Walmart CFO

Flipkart, PhonePe Could Be $100 Billion Businesses in India, Claims Walmart CFO

ByNews Polite

Walmart‘s Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer’s chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives…

Government Asks E-Commerce Firms to Create Framework Against Dark Patterns: Consumer Affairs Secretary

Government Asks E-Commerce Firms to Create Framework Against Dark Patterns: Consumer Affairs Secretary

ByNews Polite

The government has taken a serious note of ‘dark patterns’ and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said. The e-commerce sector has the largest contribution to dark patterns, and the framework will be created in the next…

Netflix, Amazon, JioCinema-Backed Group Protests New Tobacco Warning Rules in India

Netflix, Amazon, JioCinema-Backed Group Protests New Tobacco Warning Rules in India

ByNews Polite

An Indian group representing Netflix, Amazon and Disney has told the government its new tobacco warning rules are impossible to implement for streaming giants and will impinge on content creators’ freedom of expression, a letter seen by Reuters showed. As part of India’s anti-tobacco drive, the health ministry last month…

Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar

Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar

ByNews Polite

India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to make this process simple for adoption. On Thursday, May 8, RBI Deputy Governor T Rabi Sankar hinted that existing UPI QR codes could become interoperable with the Indian CBDC in…

Won’t Notify Fact-Checking Unit Till July 10, Centre Tells HC; Two New Pleas Filed Against IT Rules

Won’t Notify Fact-Checking Unit Till July 10, Centre Tells HC; Two New Pleas Filed Against IT Rules

ByNews Polite

The Centre on Wednesday told the Bombay High Court it was extending till July 10 its earlier statement that it won’t notify its fact-checking unit to identify fake news against the government on social media, even as two new petitions were filed challenging the recently amended IT Rules. The Union…

BGMI Esports Tournament Offers Rs. 25 Lakh Prize Pool Days After Game Relaunches

BGMI Esports Tournament Offers Rs. 25 Lakh Prize Pool Days After Game Relaunches

ByNews Polite

Battlegrounds Mobile India, better known as the wildly popular battle royale shooter BGMI, recently returned to iOS and Android platforms in India after a nearly year-long ban. Developers Krafton relaunched the mobile game on May 29 with some playtime restrictions in place. Days after it begins its second life in…