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Showing posts from February, 2024

Elon Musk texts Satya Nadella about his problem with Windows PC

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Elon Musk reached out to Microsoft CEO expressing concerns about the mandatory Microsoft account on Windows PC. He questioned potential computer shutdown by Microsoft and found a workaround to skip the account requirement by connecting to a local WiFi without a password. Elon Musk has reached out to Microsoft CEO Satya Nadella via text message to express his concerns about the new Windows laptop PC he has purchased. Musk, in a post on X, revealed this when a user urged him to reach out to Nadella for customer support. Elon Musk texted Nadella directly, highlighting his discomfort with the mandatory Microsoft account requirement on Windows PCs. In a post on X, Elon Musk expressed concerns about potential access this grants to Microsoft's AI and questioned the necessity of the account for basic functionalities. The Tesla CEO also suggested that Microsoft has the ability to shut off your computer. But since they now require that you use their services just to use your computer, Micros...

Samsung unveils new health tracking device, the Galaxy Ring

 Samsung unveils new health tracking device, the Galaxy Ring: After teasing it at its unpacked event last month, Samsung has officially unveiled its new Galaxy Ring, a health-tracking smart ring that will monitor sleep, heart rate, respiration, and more when it launches later this year.The ring is Samsung's first foray into the emerging smart ring market and aims to complement its existing wearables like the Galaxy Watch series. Samsung says that it has put all its innovations into the smallest form possible that one can wear 24/7. The ring in Samsung's first foray into the emerging smart ring market and aims to complement its existing wearables like the Galaxy Watch series. Samsung says that it has put all its innovations into the smallest form possible that one can wear 24/7. Samsung has shown off the Galaxy Ring in three colours - platinum silver, ceramic black, and gold. The ring is concave in shape and has a chunky profile like other smart rings, but Samsung says it feels ...

National Payments Corporation of India (NPCI) advised to help '@Paytm' UPI handle users migrate to other banks.

As per the website of Paytm Payments Bank (PPBL), it has 30 crore wallets and 3 crore bank customers Reserve Bank of India has asked the National Payments Corporation of India (NPCI) to examine the possibility of migrating PayTm Payments Bank customers using the UPI handle '@paytm' to 4-5 other banks, in a bid to prevent any disruptions in the payment ecosystem. On Friday, the central bank came out with additional steps for the benefit of customers, wallet holders and merchants who are availing banking services from PayTm Payments Bank, which has been barred from accepting deposits and credits after Mar-15-2024. As per the website of Paytm Payments Bank (PPBL), it has 30 crore wallets and 3 crore bank customers. National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of RBI and Indian Banks’ Association (IBA) for creating a payment and settlement infrastructure in India. As the PayTm...

After Axis Bank, HDFC and Yes Bank submit Third Party Application Provider (TPAP) application for Paytm UPI business

 On Feb-23-2024, RBI said that customers and merchants having ‘@paytm’ handles are to be migrated seamlessly from PayTm Payments Bank Limited (PPBL) to a set of newly identified banks to avoid any disruption. One97 Communications, which runs the PayTm brand, and private sector lenders HDFC Bank and Yes Bank have jointly applied to be a Third Party Application Provider (TPAP) with the National Payments Corporation of India (NPCI) on Feb-22-2024 for running the mobile payments platform Unified Payments Interface (UPI). Early this week, Moneycontrol reported that Axis Bank and Paytm had submitted a joint application with NPCI to be a Third Party Application Provider (TPAP). All three banks have been in discussions with National Payments Corporation of India (NPCI), the entity overseeing and regulating UPI, over the past few days. National Payments Corporation of India (NPCI) is expected to expedite the process to ensure that customers do not encounter any difficulties using the PayTm ...

What are the RBI's measure over PayTm Request "For Continued UPI Operation"

RBI's Measure Over PayTm Request "For Continued UPI Operation" If approved, this would allow PayTm to continue processing payments via India's popular unified payments interface. The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India to examine a request from PayTm, formally known as One 97 Communications, to become a Third Party Application Provider (TPAP). If approved, this would allow PayTm to continue processing payments via India's popular unified payments interface. On Jan-31-2024 the central bank asked PayTm Payments Bank, an associate of PayTm, to wind down its business by Mar-15-2024 leading to disruption for the popular payment app, which used the banking unit at the back end. `A set of newly identified banks will need to back the PayTm app. To ensure a seamless migration, the central bank has urged the payment authority to handle it. "No new users are to be added by the said Third Party Application Provider...

In India, Paytm Payments Bank meltdown. When it will back in the market for all financial operations

Son of a schoolteacher from Aligarh district in Uttar Pradesh, Vijay Shekhar Sharma was enamoured by Jack Ma-run Alibaba's focus on smartphones rather than desktop computers, when he built a digital payments company that would let Indians pay for vegetables, pay utility bills or buy cinema tickets using their mobile phones. Mr. Sharma, the poster boy of India's fintech boom, also set out to build an Alipay-like mobile marketplace to go alongside the payments business, allowing businesses to sell goods from matchbox to iPhones online. With fame came a set of controversies for arguably the most high-profile of a wave of Indian tech entrepreneurs. But none like the one now. The current crisis where the Reserve Bank of India (RBI) has ordered Paytm Payments Bank to halt most of its business, is an existential one. What was the recent RBI action against Paytm Payments Bank all about? RBI last week ordered Paytm Payments Bank Ltd, a restricted bank that can take deposits but cannor l...

Supreme Court saved democracy says Aravind Kejriwal on Chandigarh mayoral elections victory

 The Delhi CM also expressed concerns regarding the Lok Sabha elections. New Delhi Chief Minister and Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Tuesday thanked Supreme Court for saving the democracy but ruling in favour of their candidate in the Chandigarh mayoral elections case. The top court declared Aam Aadmi Party (AAP) Councillor Kuldeep Kumar as the winner of the Chandigarh Mayoral polls. A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra quashed Returning Officer Anil Masih’s decision of declaring eight votes invalid and announce BJP candidate Manoj Kumar Sonkar as Chandigarh Mayor on January 30. The court had physically checked the eight ballots and found they were defaced by Masih to help BJP candidate secure victory despite not having enough numbers. “Many thanks to the Supreme Court. The way Dictatorship is running in the country, democracy and institutions are being crushed. The decision of the Supreme Court is ve...

In recent news, Actor Vijay's Tamilaga Vettri Kazhagam releases six-charter pledge in Chennai, Tamil Nadu India.

 In recent news, Actor Vijay's Tamilaga Vettri Kazhagam releases six-charter pledge in Chennai, Tamil Nadu India. In Chennai, Tamilaga Vettri Kazhagam, a political party floated by actor Vijay, released a six-character pledge urging its members to undertake it. The party appealed to its cadre to "always cherish the sacrifice of the countless soldiers from Tamil soil who fought tirelessly for the freedom of our country and the rights of our people." The party appealed to its cadre to "always cherish the sacrifice of the countless soldiers from Tamil soil who fought tirelessly for the freedom of our country and the rights of our people." The second pledge appealed to the cadre to "continue to strive to fulfill the goal of war martyrs, who sacrificed their lives to protect our mother Tamil language." "Belief in the Indian Constitution and sovereignty, unity, brotherhood and religious harmony with all," is the third pledge.  The party appealed to...

Election Bonds Worth ₹ 16,000 Crore Sold Till 2022 ... Who got how much?

Election Bonds Worth ₹ 16,000 Crore Sold Till 2022 ...  Donations made to the BJP through electoral bonds were three times more than that of all other 30 parties combined on the Election Commission list. In New Delhi, The Bharatiya Janata Party is likely to be hit the hardest with the Supreme Court scrapping the electoral bonds scheme, as the party received over 60% of the donations made under the scheme between 2016-2022. Just months ahead of the Lok Sabha 2024 polls, a five-judge bench, headed by Chief Justice DY Chandrachud, declared the electoral bonds scheme unconstitutional. The court said that the scheme infringes upon the citizens' fundamental right to information. Electoral bonds are a financial instrument that allows individuals and businesses to make anonymous donations to political parties. They were introduced by the BJP government in 2018 as an alternative to cash donations. They were pitched as an initiative to bring transparency in political funding. According to El...

How Abu Dhabi's Hindu temple represents India-UAE ties?

 The temple is constructed on the land gifted by Sheikh Mohamed bin Zayed Al Nahyan, the President of UAE. No iron material is used in the temple. Prime Minister Narendra Modi inaugurated the first Hindu temple in Abu Dhabi, marking the end of his packed visit to the UAE. The inauguration of the BAPS temple, built for ₹ 700 crore, is being seen as a key moment for the Hindu community in UAE. Here are top facts about the temple: 1) Bochasanwasi Shri Akshar Purushottam Swaminarayan Hindu Mandir or BAPS Hindu Mandir is spread over a 27-acre piece of land. 2) In 2015, then crown prince and current UAE President, Sheikh Mohamed bin Zayed Al Nahyan, donated 13.5 acres of land for the construction of the first temple in the UAE. In 2019, he gifted an additional 13.5 acres. 3) The temple represents the idea of coexistence - A Muslim king donated land for a Hindu Mandir, where the lead architect is a Catholic Christian, the Project Manager is a Sikh, and the Foundational designer is a Buddh...

Farmers protesting in Expressways turn crawlways, it may get worsen

Traffic was paralysed in the city on Tuesday morning as the Sirhaul border, one of the country's busiest, was choked by police barricades set up in anticipation of farmers 'Delhi Chalo' protest. On the Delhi-Gurgaon Expressway, barricades restricted traffic to one lane of the carriageway towards the capital, triggering a tailback that stretched back to Jharsa, some 7km away, during the rush hour. The highway, one of the three key bordeers between Delhi and Gurgaon, records mkovement of around 4 lakh vehicles on an average weekday. Farmers Protest Live Updates - As farmers get closer to the capital on Wednessday, cops are likely to step up security measures at the borders, making it all the more difficult for commuters. On Tuesday morning, the choc-a-bloc on the expressway ended up steering officers-goers and other motorists to opt for alternative roads, also creating jams at Aya Nagar on MG Road and Kapashera on the Old Delhi-Gurgaon Road. By 10:30:AM, Gurgaon police reache...