Daily News

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WhatsApp launches APIs for businesses

WhatsApp has launched its first revenue-generating product in India for enterprises to interact directly with customers using the instant messaging platform. WhatsApp for Business APIs (application programming interface) will debut with MakeMyTrip, Zendesk

Did you Know

WhatsApp is a messaging app acquired by Facebook.

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Tech Mahindra to launch India's first Blockchain district

Telangana State government has signed an MoU with Tech Mahindra to launch India's first Blockchain district. It will be a centre of excellence, an incubator and process development for the emerging technology with innovative infrastructure and facilities.

Did you Know

Tech Mahindra CEO and managing director - CP Gurnani.

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Scrutinization of discounts offered by e-commerce marketplace

Competition Commission of India (CCI) has sought views of the commerce and industry ministry on deep discounts being offered by e-commerce marketplace platforms having foreign investments. As per CCI, discounts offered is distorting price of the products.

Did you Know

Chairman, Competition Commission of India- Ashok Chawla

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Rashmi- Indian version of ‘Sophia’

Ranjit Srivastava has developed Indian version of ‘Sophia,’ named Rashmi which can speak Hindi, Bhojpuri and Marathi along with English. Rashmi uses linguistic interpretation (LI), artificial intelligence (AI), visual data and facial recognition systems.

Did you Know

Sophia is a social humanoid robot developed by Hanson Robotics.

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Funds approved for second phase of FAME policy

The union finance ministry has approved around Rs 3,500 crore for second phase of Faster Adoption & Manufacturing of Hybrid and Electric vehicles policy over next five years. Department of Heavy Industries will provide subsidy to only public transport.

Did you Know

FAME 2 scheme is expected to be implemented across 10 cities.

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Rs 11,899-cr claims settled under Pradhan Mantri Fasal Bhima Yojana

Insurance companies have settled Rs 11,899-crore claims of eligible farmers under PMFBY for the kharif 2017 season. Under this insurance scheme, both central and states provide premium subsidy in the 50:50 ratio over and above farmers' premium.

Did you Know

PMFBY guidelines provide for settlement of claim within 21 days.

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e-Pashu Haat portal launched

Government has launched e-Pashu Haat portal for connecting breeders and farmers of indigenous breeds. Through the portal farmers can obtain information on location of quality indigenous germplasm in the form live animals, semen doses and embryos.

Did you Know

Union Minister for Agriculture&Farmers Welfare:Radha Mohan Singh

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Lok Sabha passes bill to establish National Sports University

National Sports University Bill 2018 to establish a National Sports University in Manipur to promote sports education was passed by the Lok Sabha. The proposed university would also function as the national training centre for select sports disciplines.

Did you Know

Manipur capital- Impal; Chief Minister- N Biren Singh

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Bank of Maharashtra loss stands at Rs 1,119 cr

Bank of Maharashtra's June quarter net loss nearly trebled to Rs 1,119 crore as bad loans spiked. The bank's gross non-performing assets (NPAs) worsened to 21.18 percent of the gross advances by June-end 2018 against 18.59 percent by June last year.

Did you Know

Bank of Maharashtra Headquarters- Pune; MD & CEO- R.P. Marathe

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Jindal Steel to supply rails to Indian Railways

Jindal Steel and Power Ltd (JSPL) will produce and supply one lakh tonnes of rail to Indian Railways. The company secured the major contract through a global tender. The company has already supplied Rails to national railways of Iran and Bangladesh.

Did you Know

President of JSPL- Pradeep Tandon