New Regulations Enhance Security for SIM Card Replacement under Mobile Number Portability

Starting July 1, 2024, amendments to Mobile Number Portability (MNP) regulations will be implemented to address the rising incidents of SIM swap and replacement fraud, as announced by the Telecom Regulatory Authority of India (TRAI). Key Amendments to Regulations TRAI’s latest amendments aim to strengthen security measures surrounding SIM swaps and replacements. These changes are part of TRAI’s ongoing efforts to protect consumers from fraudulent activities. According to TRAI, SIM swap or replacement refers to the process where an existing subscriber acquires a new SIM card to replace a lost…

CBSE boosts digital education with launch of advanced video recording studio

The Central Board of Secondary Education (CBSE) has inaugurated its state-of-the-art video recording studio, marking a significant step towards enhancing digital education. This new facility aims to enrich the learning experience for teachers, students, and parents globally. The new studio is outfitted with the latest technology to ensure the production of high-quality educational content. Features include high-definition cameras, advanced audio systems, green screens, and professional lighting setups. The inauguration ceremony took place at the Centre of Excellence, Delhi (East). It was graced by prominent figures including Rahul Singh, IAS, Chairman of…

18th Lok Sabha Speaker Election Today: Om Birla vs. K Suresh

The Speaker for the 18th Lok Sabha will be chosen today. Senior BJP MP Om Birla, who served as the Speaker in the last Lok Sabha, is the NDA nominee for the post this time as well. On the other hand, the Opposition INDIA bloc has fielded Congress MP K Suresh for the position. Both candidates filed their nominations for the Speaker’s post yesterday, and the election is scheduled for today. Despite hectic parleys, the government and the Opposition failed to reach a consensus on the post. Parliamentary Affairs Minister…

SBI plans to open 400 branches in FY25

The State Bank of India (SBI), India’s largest lender, has announced plans to open 400 new branches across the country in the financial year 2024-25 (FY25). This expansion initiative signifies the bank’s commitment to strengthening its physical presence even as digital banking gains significant traction in India. Chairman Dinesh Khara said, SBI’s expansion plans prioritize establishing a presence in new and developing areas. These branches will cater to the growing demand for banking services in these regions, promoting financial inclusion and economic development. Despite the rapid growth of digital banking, SBI recognizes…

Government is rolling out plan to prevent GST fraud

Govt to roll out pan-India biometric authentication to prevent GST fraud. The Goods and Services Tax (GST) Council, during its 53rd meeting held on Saturday, announced a significant measure aimed at curbing fraudulent activities in the GST regime. The council decided to implement pan-India Aadhaar-based biometric authentication to address the issue of fake invoicing, which is often used to fraudulently claim input tax credit (ITC). It is a proactive step by the GST Council to strengthen the GST regime and curb fraudulent activities. The primary objective is to check the practice…

Surge in Millionaire Migration from India to the UAE

The report suggests a significant outflow of millionaires from India, with an estimated 4,300 expected to leave in 2024. India, recognized as the fastest-growing economy globally, is set to rank third in terms of millionaire migrations, trailing only China and the United Kingdom. Despite recently surpassing China as the world’s most populous nation, India’s net exodus of millionaires remains significantly lower than China’s, accounting for less than 30% of China’s total millionaire outflows. The UAE’s allure stems from its robust business opportunities, financial benefits, and high-quality lifestyle, making it an attractive…

PM Modi and Sheikh Hasina Strengthen India-Bangladesh Ties with New MoUs on Defence, Railways, and More

Prime Minister Narendra Modi of India and Prime Minister Sheikh Hasina of Bangladesh held significant bilateral talks at Hyderabad House, New Delhi, on Saturday. This marks the first high-profile foreign visit to India since the National Democratic Alliance (NDA) won its third consecutive term. The discussions covered a broad range of topics including trade, energy, defence, and connectivity, culminating in the signing of several Memoranda of Understanding (MoUs). Ceremonial Welcome and Initial Engagements Sheikh Hasina was given a ceremonial welcome at Rashtrapati Bhavan, where PM Modi personally greeted her. This…

Amazon is empowering Alexa with AI for commercial viability

Amazon is reportedly planning a significant overhaul of its voice assistant, Alexa, integrating generative AI to enhance its capabilities. The revamped version, known as ‘Banyan,’ aims to offer advanced features and better compete with Google, Microsoft, and OpenAI. This update will introduce two service tiers, including a premium option with a $5 monthly fee, which is equivalent to ₹400 monthly fee for Alexa with AI. Amazon is planning to unveil an enhanced version of its voice assistant, Alexa, later this year. This updated version will introduce advanced features powered by…

Times Square Radiates Global Unity and PM Modi Leads International Yoga Day Celebrations with Thousands of Participants

In a vibrant display of unity and wellness, thousands gathered at New York City’s iconic Times Square for a day-long celebration of International Day of Yoga. Consul General of India in New York, Binaya Srikanta Pradhan, expressed his delight at the turnout, emphasizing the theme of ‘Yoga for Self and Society’ for the 2024 Yoga Day. Meanwhile, halfway across the globe in Srinagar, Jammu and Kashmir, Prime Minister Narendra Modi marked the 10th International Day of Yoga with his customary leadership. PM Modi’s address from Srinagar resonated with the essence…

Prime Minister Modi Wishes President Droupadi Murmu on Her 66th Birthday

New Delhi, June 20, 2024 – President Droupadi Murmu, born on June 20, 1958, in Uparbeda village in Odisha’s Mayurbhanj, celebrated her 66th birthday today. Prime Minister Narendra Modi extended his heartfelt wishes, acknowledging her remarkable contributions to the nation. In a post on X, PM Modi expressed, “Warm birthday wishes to Rashtrapati Ji. Her exemplary service and dedication to our nation inspire us all. Her wisdom and emphasis on serving the poor and marginalised are a strong guiding force. Her life journey gives hope to crores of people. India…