 | UPI transaction volume up from 4.6 billion in Jan 2022 to 9.3 billion in June 2023PhonePe, Google Pay, and Paytm, in terms of transaction volume, in June 2023, accounted for 95.68% of all transactions compared to 94.55% a year ago. |
 | IIT Madras and Ericsson partner for joint research in Artificial IntelligenceThe Centre for Responsible AI is an interdisciplinary research centre with a vision of becoming a premier hub with an immediate impact on deploying AI systems in the Indian ecosystem. |
 | RBI Guv red-flags dominance of a few board members in large banksHe emphasised on the need for fair and democratic board discussions, where every director has an opportunity to express their views. |
 | Amazon to invest up to USD 4 billion in AnthropicThis is the latest AWS generative AI announcement as it continues to expand its offering at all three layers of the generative AI stack. |
 | Will generate 5 lakh jobs this festive season: E-commerce firm MeeshoThese roles will primarily contain first-mile and delivery associates responsible for tasks like delivery picking, sorting, loading, unloading and return inspections. |
 | 500 GW renewable energy target by 2030: MinisterThe minister said India’s energy transition programme is at the top in the world. The renewable energy capacity addition in the country is the fastest in the world. |
 | Bajaj Finance’s USD1 billion fundraising plan triggers stock rerating, share up 5 per centBrokerage firm Motilal Oswal Financial Services also feels the stock can rise further after the company’s fundraising announcement. |
 | Refex to deploy 10,000 EVs for staff transportationThe company said EV fleet operations typically cost 10% TO 15% more than petrol cars, but still few companies prefer green options. |
 | G-sec yields may fall below 7 per cent on index inclusionAs per an SBI report, yields could touch 7% even before March of the current fiscal and should breach 7% in FY25. |
 | Burman family of FMCG major Dabur to take over ReligareIn an exchange filing made on Monday morning, Dabur has put forward its intention to acquire up to 90,042,541 shares at Rs 235 each, a steep discount from its current market price. |
 | Flipkart invests in five early-stage tech start-upsThese start-ups will receive mentorship for growth and innovation, with equity-based investments ranging from $250,000 to $500,000. |
 | Indian G-sec Bonds in JP Morgan: yields to touch 7% in FY 24, says SBIThe inclusion of Indian Government Bonds will commence on June 28, 2024, with India being allocated a maximum weight of 10% on the index. |
 | Burman family to acquire majority stake in Religare EnterprisesIf the open offer is successful, the Burman family will hold about 54% of Religare Enterprises. |
 | Why banks offer more than fixed depositsStocks of banks in India’s financial sector shares are a good option for those seeking long-term wealth creation. |
 | Kishore Biyani moves HC against forensic audit of Future Retail booksBank of India had written a letter to resolution professionals of Future Retail on 22 August 2023 seeking representation from the company and erstwhile promoters on the findings of the audit report. |
