NEW DELHI: Union communications and IT minister Ashwini Vaishnaw on Saturday announced that a Reel comprising 25-30 seconds would be available on Instagram on Indian stamps every Sunday in the next few days. This initiative will be undertaken by India Post to entertain and inform the children about Indian history and her story through stamps and disbursed for public consumption digitally. During the inaugural session of the five-day National Philatelic Exhibition, Amritpex 2023, the minister declared that this particular initiative will be on display every week on Sunday and subsequently th ..read more

New Delhi, Feb 9 (IANS) During a virtual meeting with IMF chief Kristalina Georgieva, Union Finance Minister Nirmala Sitharaman on Thursday said that debt discussions will be at the forefront during the forthcoming meeting of the G20 Finance Ministers Central Bank Governors (FMCBGs) slated to be held in Bengaluru later this month. India will continue to support the ongoing efforts for orderly and timely implementation of the common framework, the Minister said during the meeting. Along with addressing debt vulnerabilities, Sitharaman and Georgieva also discussed the role of IMF and other relev ..read more

The Agriculture and Processed Food Products Export Development Authority (APEDA) today organised a Virtual-Buyer Seller Meet to harness export opportunities in the United Arab Emirates as part of its series of sensitization programmes aimed at promoting the export of millets and their value-added products (UAE). The Buyer Seller Meet was organized in collaboration with the Indian Mission in the UAE, led by Indian Ambassador to the UAE Sanjay Sudir. APEDA, which is part of the Ministry of Commerce and Industry, is collaborating with various stakeholders to realize Prime Minister Narendra Modi’s ..read more

On March 10, 2023, Microsoft intends to shut down Altspace VR, a social virtual reality (VR) platform. Just days after announcing 10,000 job cutbacks worldwide as part of the reorganisation process, the titan of Silicon Valley disclosed the news in a blog post. A more open, accessible, and safe form of immersive experiences in the metaverse is now the company’s even larger ambition, according to the blog post. “As we look to the future, we see the possibilities for VR spreading beyond consumer into an enterprise,” it says. We hope to create a platform with Mesh that provides the most opportuni ..read more

Key stakeholders in India’s digital currency industry are seeking a reduction of the draconian regulatory policies against the sector. The interested parties hope the changes will be introduced during the presentation of the Union Budget for 2023 on February 1. In last year’s budget speech, Finance Minister Nirmala Sitharaman announced that virtual assets would be taxable under the new Income Tax Act. Under the law, local virtual currency traders are subject to a 30% tax plus another 4% on profits from investing in digital assets. The new tax regime also imposed a ..read more

NEW DELHI (AP) — India convened a virtual summit of more than 100 developing countries Thursday to evolve a uniform strategy for a redress of their economic woes from the developed world with “the world in a state of crisis.” “It is difficult to predict how long this state of instability will last,” Prime Minister Narendra Modi told leaders of Bangladesh, Vietnam, Thailand, Uzbekistan, Cambodia, Papua New Guinea, Senegal, Mongolia and other nations. Stressing that developing countries with three-fourths of humanity have the largest stakes in the future, he said “as the 8-decade-old model of gl ..read more

Tesla’s California Virtual Power Plant (VPP) has been growing quietly in the background, and its growth since the middle of 2022 has been substantial. As per data tracked by the EV community, it would appear that the California VPP has grown to over 5,700 homes from both PG&E and SoCal Edison customers.  A virtual power plant allows multiple homes to band together as a way to support the grid when needed. In the case of the CA VPP, the system is comprised of homes that are equipped with Tesla Powerwall batteries and solar panels. During times when the grid needs support, the VPP ..read more

Virtual fashion is the new trend.  Big fashion brands are dressing up as avatars and showcasing their collections at fashion shows on the Metaverse. Top designers are designing clothes and you begin to think that the world is going crazy. The point is that virtual is the future and technology is making room for infinite innovation and experimentation. Imagine that you, through your digital avatar, had the choice to sport a D&G outfit on your next visit to your favorite Metaverse or that Jimmy Choos were your avatar’s shoes of choice at a virtual music concert. NFT, Blockchain and fash ..read more

BENGALURU : Amid mis-selling concerns, edtech giant Byju’s has replaced its existing direct sales with a new internal sales strategy to avoid mis-selling and expand the reach of customers through a virtual process over zoom. The edtech decacorn, which claims to have over 150 million registered learners, rolled out a four-tier tech-driven internal sales, which begins with educating an incoming lead about Byju’s product portfolio and its new refund policy over a live Zoom session that is recorded for future audit, the company said on Monday. The refund for a product is also done over a Zoom ..read more

New Delhi: Marking the occasion of Pongal on Sunday, PM Narendra Modi virtually flagged off the latest and India’s 8th Vande Bharat Express train that would connect Secunderabad in Telangana to Vishakhapatnam in Andhra Pradesh. This is also South India’s 2nd Vande Bharat Express train which will significantly cut down the travel time between the two cities. The semi-high-speed train, first one connecting the two Telugu-speaking states of Telangana and Andhra Pradesh, will take eight and a half hours to cover a distance of about 700 km and have halts at Warangal, K ..read more