Technology

41% of First-Time Borrowers Are Gens Z According to TransUnion CIBIL’s Latest CMI Report

41% of First-Time Borrowers Are Gens Z According to TransUnion CIBIL’s Latest CMI Report

#GensZCreditTransUnionCIBILCMI Report   #UnionCIBILCMI Report Chandigarh: India’s retail credit growth continued to moderate in the quarter ending December 2024, particularly among New-to-Credit (NTC)1 consumers. This was most evident for consumption-led credit products originated by NTC consumers, which saw a 21% year-over-year (YoY) decline in loan originations, compared to a decline of 2% for consumers with existing credit. Consumption-led products are defined as credit cards, personal loans and consumer durable loans. Originations are a measure of new accounts opened and are driven by both consumer demand and lender supply. Lenders’ cautious approach to the origination of consumption-led credit products disproportionately affected NTC…
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NIESBUD hosts Workshop on Entrepreneurial Growth and Digital Market Expansion

NIESBUD hosts Workshop on Entrepreneurial Growth and Digital Market Expansion

#NIESBUD Chandigarh: The National Institute for Entrepreneurship and Small Business Development (NIESBUD) inaugurated a comprehensive two-day event aimed at fostering entrepreneurship, strengthening the business ecosystem, and enabling digital market integration for small businesses and startups. The event, held at NIESBUD, brought together key dignitaries, policy leaders, and industry experts to discuss the future of entrepreneurship in India. Ms. Hena Usman, Joint Secretary, Ministry of Skill Development and Entrepreneurship (MSDE) during her address mentioned, “The workshop serves as a valuable platform for participants to engage with entrepreneurs within the ecosystem, providing budding business owners with essential insights into the skilling landscape.…
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RBI Executive Director Shri Vivek Deep launches BHIM 3.0

RBI Executive Director Shri Vivek Deep launches BHIM 3.0

#RBIlaunchesBHIM3.0   #RBIBHIM3.0 The launch took place in the presence of Shri Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI New Delhi: The Reserve Bank of India (RBI) Executive Director Shri Vivek Deep launched NPCI BHIM Services Limited’s BHIM 3.0 in the presence of Mr. Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI and senior leaders from the banking and fintech industry. BHIM 3.0 represents its third evolution since its launch in 2016 by Prime Minister Narendra Modi. BHIM 3.0 now offers: · More Languages – Available in 15+ Indian languages for better accessibility · Works in Low Internet…
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NSDC, IIT Mandi and NCU Gurugram collaborate to offer B.Tech course in semiconductor design and Technology

NSDC, IIT Mandi and NCU Gurugram collaborate to offer B.Tech course in semiconductor design and Technology

#NSDCIITMandiNCUGurugram #BTechinsemiconductorDT Chandigarh: National Skill Development Corporation (NSDC), IIT Mandi and the NorthCap University (NCU), Gurugram have today signed a Memorandum of Understanding (MOU) to launch a B.Tech. ECE in Semiconductor Design and Technology programme. The agreement was formally signed today at Kaushal Bhawan, New Delhi. This partnership aims to address the growing demand for skilled professionals in semiconductor industry in India and across the globe by equipping students with industry-relevant knowledge and hands-on training. This four-year programme comprises eight semesters designed to provide specialised training in various subjects of semiconductor engineering, including Nanotechnology and Semiconductor Materials Engineering, Semiconductor Physics,…
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Škoda Auto and  Thanh Cong Group, open plant For Škoda Kushaq and Slavia in Vietnam

Škoda Auto and Thanh Cong Group, open plant For Škoda Kushaq and Slavia in Vietnam

#ŠkodaAutoNewPlantVietnam Chandigarh: Škoda Auto and regional partner and investor, the Thanh Cong Group, officially opened a new production plant in Vietnam on 26 March for the assembly of Škoda Slavia and Kushaq cars. This marks a significant milestone in the brand’s internationalisation strategy, reinforcing its ambition to strengthen its presence beyond its European home market. By importing completely knocked down (CKD) kits of the Kushaq SUV from India and assembling them locally, Škoda is capitalising on geographical synergies. The production programme will expand in the summer to include the Slavia sedan, which will also be assembled from CKD kits sourced…
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Jio Platforms Limited Receives Two Prestigious Intellectual Property Awards

Jio Platforms Limited Receives Two Prestigious Intellectual Property Awards

#JioPlatformsAwards New Delhi: Jio Platforms Limited (JPL), a technology company, today announced its remarkable achievement of winning two significant intellectual property awards while simultaneously highlighting its critical role in advancing India's technological sovereignty and digital independence.  Jio Platforms was honoured with the National Intellectual Property Awards by the Government of India and simultaneously recognized by the World Intellectual Property Organization (WIPO) for its exceptional excellence in technology and innovation at a function in New Delhi.  These prestigious awards not only celebrate JPL's intellectual property achievements but also underscore its pivotal contribution to India's Aatmanirbhar (self-reliant) vision in the telecommunications sector.…
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Global Pears Hackathon Winners Announced

Global Pears Hackathon Winners Announced

#GlobalPearsHackathonWinners Chandigarh: Pears, the leading open-source peer-to-peer live data protocol, announced the winners of its Global Pears Hackathon, the first global Peer-to-Peer focused Hackathon. From a pool of more than 1,000 registrations, WhereFam, a private peer-to-peer location sharing app, won first place. The Peer-to-Peer Chess app won second place, and Hypersketch, a real-time P2P whiteboard, won third place.  Alaric, a decentralized app and room store, received an honorable mention. "We are on the cusp of an ecosystem populated by peer-to-peer apps and the interest, quality of projects and excitement around the Global Pears Hackathon is proof that this is a growing…
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Bandhan Mutual Fund Reimagines Systematic Withdrawal Plan as ‘#Salary Wala Plan’ with its New IAP Campaign

Bandhan Mutual Fund Reimagines Systematic Withdrawal Plan as ‘#Salary Wala Plan’ with its New IAP Campaign

#SalaryWalaPlan #BandhanMFSalaryWalaPlan Chandigarh: Bandhan Mutual Fund unveils #Salary Wala Plan, an IAP campaign that reimagines “Systematic Withdrawal Plan” (SWP) as a structured, salary-like income stream—helping investors to generate a regular cash flow from their own mutual fund investments while allowing the remaining corpus to stay invested. This campaign aims to raise awareness around SWP, encouraging investors to see it as a smart and accessible way to create a pipeline of cashflow post-retirement. Vishal Kapoor, CEO, Bandhan AMC, shares, “While SIPs have gained widespread acceptance as a disciplined way to invest, SWPs remain underutilised as a strategy to sustain financial independence. Through…
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Bank of India partners with The New India Assurance for Enhanced General Insurance Products

Bank of India partners with The New India Assurance for Enhanced General Insurance Products

#BankofIndiaTheNewIndiaAssurance Chandigarh: Bank of India, one of India’s leading public sector banks and New India Assurance Co. Ltd.(NIACL), India’s premier insurance company have entered into a strategic partnership on 24th March, 2025, at its Head Office in Mumbai to offer a wide range of general insurance products to the Bank’s customers. With this tie-up, Bank of India’s customers will have access to insurance solutions, including health, motor, personal accident, home, and commercial insurance products offered by NIACL, a systemically important insurance company. Speaking on the occasion, Shri Rajneesh Karnatak, MD & CEO, Bank of India, stated “The tie-up is a…
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भारत से हेल्थ और टर्म इंश्योरेंस खरीदने वाले एनआरआई के लिए टैक्स डिस्काउंट के विकल्प मौजूद

भारत से हेल्थ और टर्म इंश्योरेंस खरीदने वाले एनआरआई के लिए टैक्स डिस्काउंट के विकल्प मौजूद

मोहाली:  हेल्थ और टर्म इंश्योरेंस पॉलिसी आवश्यक सुरक्षा प्रदान करते हैं, जिससे ज़रूरत के समय बेहतर स्वास्थ्य सेवा और वित्तीय सुरक्षा प्राप्त होती है। भारतीय बीमा पॉलिसियों को और भी आकर्षक बनाने वाली बात यह है कि अन्य देशों की तुलना में अधिक किफायती, बेहतर कवरेज और टैक्स बेनिफिट आदि लाभ प्रदान करते है। भारत से इंश्योरेंस लेना सिर्फ परिवार की सुरक्षा के लिए ही आवश्यक नहीं है बल्कि यह एनआरआई के लिये वित्तीय रूप से एक स्मार्ट कदम है। सिद्धार्थ सिंघल, हेड-हेल्थ इंश्योरेंस, पॉलिसीबाजार डॉट कॉम ने कहा कि भारत में हेल्थ और टर्म इंश्योरेंस पर आम तौर पर…
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