The First Coin: How King Croesus Changed Commerce Forever
Coins might not hold the same prestige today, but in ancient times, they were symbols of immense value when minted from gold, silver, and sometimes brass. These coins carry a rich history, and within economic history, their metallic clang echoes a tale of transformation and innovation. This story belongs to King Croesus of Lydia, whose…
Zepto’s $1 Billion Boost: Quick Commerce is Taking Off!
Quick commerce in India continues to rise, with Zepto becoming the fastest-growing startup in the segment. Zepto raised nearly $1 billion in the last two months, with $665 million in June for a valuation of $3.6 billion and $340 million this month for a valuation of $5 billion. According to sources, Zepto was planning to…
GCCs To Provide More Opportunities To Indian Engineers
The Digital Skills and Salary Primer for FY 2025 report published by TeamLease Digital claims that the GCCs (Global Capacity Centres) will improve the geographical diversification of technology opportunities across the country. GCCs are growing in number in cities like Kolkata, Ahmedabad, and other tier 2 cities of the country. They further mentioned that the…
Union Commerce Minister Red Flags E-Commerce Boom
Union commerce minister of India, Piyush Goyal, has accused e-commerce companies of predatory pricing and killing small businesses in India. He further states that the rapid growth of these companies is not a matter of pride but rather of serious concerns. According to Goyal, this rapid growth is negatively impacting around 10 million small businesses…
The Aesthetics of Efficiency & its Psychological Impact: Space Design as a Catalyst for Productivity
The interplay between space design and human psychology is profound since it influences our well-being and productivity. Our surroundings significantly impact our mental health and emotional state. Environmental psychology studies the interaction between people and the spaces they inhabit, revealing that elements like lighting, colours, configuration, and even living room furniture can evoke a spectrum…
Wipro Loses CTO Subha Tatavarti Amid Leadership Changes
After serving for three years at tech giant Wipro, Subha Tatavatri has decided to step down. However, this is not the first resignation. Many C-suite-level officers have already resigned from their positions to pursue opportunities outside of Wipro. They include Amit Choudhary (ex-COO of Wipro), Anis Chenchah (Ex-chief executive of APMEA in Wipro), and Ajit…
NPCI disconnects 300 small Banks from retail payments
In a recent turn of events, India witnessed another ransomware attack on July 31, 2024. According to the NPCI (National Payments Corporation of India), C-Edge Technologies Ltd., a tech service provider to RRBs (Regional Rural Banks), was possibly hit by a ransomware attack. The regulator mentioned that only cooperative and small banks were affected by…
Government Expects Rs. 1 Lakh Crore+ This Fiscal Year
Recently, Finance Minister (FM) of India Nirmala Sitharaman presented the budget for this fiscal year, declaring ambitious targets. She also mentioned that the government would honour its decision to privatise PSU (Public Sector Unit); however, the timing has to be decided. “When is the time to disinvest any or several of these companies listed and…
Using AI to Design Images
In our world, AI has become not merely a new buzzword but a potent reality that has the potential to create a future that we couldn’t even conceive two decades ago. Many companies are scripting or trying to script success stories with AI. It is amazing to realise that AI not only has the power…