Economy

Italian Banks Hit by Cyberattacks: Pro-Russian Groups Suspected in DDoS Assaults

Italian Banks Hit by Cyberattacks: Pro-Russian Groups Suspected in DDoS Assaults Italy’s financial sector recently found itself under siege as cyberattacks targeted the websites of multiple banks. At least five prominent banks faced disruptions due to these attacks, resulting in temporary service unavailability. The nation’s cybersecurity agency quickly took action and traced the attacks back …

UPI Achieves Remarkable Milestone: Processes INR 15.34 Lakh Crore Worth of Transactions in July 2023

UPI Achieves Remarkable Milestone: Processes INR 15.34 Lakh Crore Worth of Transactions in July 2023 The Unified Payments Interface (UPI) has once again demonstrated its robustness and growing popularity as it sets an impressive record in the realm of digital transactions. In the month of July 2023, UPI facilitated transactions worth a staggering INR 15.34 …

Commerce Minister’s Crucial Meeting with E-commerce Giants to Discuss Business Models

Commerce Minister’s Crucial Meeting with E-commerce Giants to Discuss Business Models India’s e-commerce landscape is poised for critical discussions as Commerce Minister Piyush Goyal prepares to meet top executives from prominent players in the sector. Amazon, Flipkart, Meesho, Shiprocket, and Swiggy, among others, are expected to engage in important deliberations with the government. Concurrently, the …

Indian Government Evaluates 25 Startups for Semiconductor Design Subsidy Scheme

Indian Government Evaluates 25 Startups for Semiconductor Design Subsidy Scheme The Indian government, led by Minister of State for IT, Rajeev Chandrasekhar, has initiated an evaluation process for 25 startups as part of the semiconductor design subsidy scheme. This endeavor is geared towards offering financial support and incentives to domestic companies, startups, and MSMEs operating …

Tesla’s New Entry-Level Model to Roll Out from India Boosting Electric Vehicle Market in the Region

Tesla’s New Entry-Level Model to Roll Out from India: Boosting Electric Vehicle Market in the Region Tesla, the renowned electric vehicle manufacturer, is set to manufacture its new entry-level model in India, targeting both the domestic market and export markets. This decision marks a strategic move to leverage India’s potential as a key player in …