Mumbai: The finance ministry will meet chief executives of public sector banks on November 20 to take stock of the progress made under the Prime Minister’s Jan Dhan Yojana (PMJDY). There will also be a review of the performance of the lenders. Hasmukh Adhia, the newly appointed secretary of financial services, who took charge on November 8, will chair the meeting. Adhia, a Gujarat-cadre IAS officer of […]
New Delhi: Prime Minister Narendra Modi, who prefers to cut hierarchy and have direct interaction – be it bureaucrats or students – will next meet chiefs of public-sector banks. The proposed meeting comes amid rising bad loans and reports of various irregularities in state-owned banks. The prime minister is likely to take stock of the banks’ performance – an exercise usually undertaken by the finance minister. “Credit […]
Mumbai: After years of regulatory dithering, foreign and domestic institutions might look forward to entry into the commodity derivatives market. The Reserve Bank of India (RBI) and the Forward Markets Commission (FMC) are meeting next week to consider the proposal, suggested by a sub-committee of the Financial Stability and Development Council. Allowing domestic financial institutions such as banks and mutual funds was made by the commodities markets […]
New Delhi: Shortly after 10 am on Friday, while the prime minister was exhorting an annual meeting of top military commanders from the Army, Navy and Air Force to be ready for any call to arms, India’s newest missile blasted off from a canister at the Chandipur test range on the coast of Odisha. This was the Nirbhay long-range cruise missile, which can hit a target […]
Hackers are threatening to post online a large collection of photos, including nude images, sent by Snapchat users and apparently intercepted via third-party apps, Business Insider is reporting. The number of photos in question — at least 100,000 — is much larger than number of the nude celebrity photos stolen from Apple’s iCloud earlier this year. Many images are likely to be of users under the age […]
Remember BadUSB? If you use a USB device to move digital files from one machine to another, you need to know the latest news on this flaw in design specs that could put your computers at risk. Attack code for this flaw, which is impossible to patch, is now public. Security researchers Brandon Wilson and Adam Caudill released two patches to existing firmware for the Phison 2251-03, […]
A hidden-away feature on Facebook Messenger appears to be ready enable users to take advantage of peer-to-peer (P2P) payments whenever Facebook decides to implement the service. Screenshots and videos of the feature were taken by Stanford computer science student Andrew Aude following a heads-up last month by digital forensic expert Jonathan Zdziarski. We reached out to Aude to learn more about how close to implementation the Messenger […]
Virtual Piggy, a payments technology company and the provider of youth payment technologyOink, has partnered with Funcom. The agreement with the independent developer and publisher of Massively Multiplayer Online (MMO) games, is to bring control to in-game payments. Oink is a payment technology designed to allow retailers and game publishers to reach under 21 consumers in a legal manner compliant with the FTC and other international regulations. The […]
Abu Dhabi e-govt showcase solutions at Gitex ABU DHABI, 3 days ago Twenty-two Abu Dhabi Government entities will showcase their latest innovative IT solutions, product apps and software offerings, all under the theme, “Towards a Digital Abu Dhabi’, at Gitex 2014, Dubai. UAE. The apps have been designed specifically to strengthen customer service and enhance the customer experience. Abu Dhabi Systems and Information Centre (Adsic) will host […]
Officials at the announcing of the Gitex Technology Week 2014 Mideast ICT market to hit $20bn, outpacing global average DUBAI, 3 days ago The Middle East region’s information and communication technology (ICT) market is set to jump from a projected $15 billion this year to $20 billion in 2020, outpacing the global average, according to market intelligence firm IDC. The growth is being buoyed by region-wide investment […]
|By K Raveendran| The run-away success of Alibaba’s blockbuster IPO is seen inspiring other online players to take similar routes. Among the probable candidates is leading online trading and investment entity Saxo Bank. “The IPO is one of the options the management has under consideration,” Jakob Beck Thomsen, CEO of Saxo Bank Dubai, told The Arabian Post. But he refused to commit himself on a specific time […]
FTTH Council to host 6th annual conference DUBAI, 3 hours, 27 minutes ago Fibre to the Home (FTTH) Council Mena, has announced the launch of its sixth annual conference in the UAE under the theme of ‘FTTH – The Rise of Smart Nation’.According to a 2013 study conducted by the council, UAE has the highest penetration rate in the world of fibre to the home connectivity for […]
Staying in touch with technology is crucial for success The five must-have tools for everyone in real estate RIYADH, 1 days ago As new technologies continue to evolve, the necessary tools for success in the real estate industry have developed. It has become essential for real estate agents, developers, buyers, and sellers to take advantage of the features provided by the innovative apps, devices, and technology that […]
Worried about the privacy of your calls and text messages to friends and family? Well, BitTorrent is publicly releasing a version of Bleep, its new peer-to-peer messaging system aimed at eliminating any potential snooping middlemen. BitTorrent, the San Francisco-based company behind the peer-to-peer protocol of the same name, began pre-alpha, invite-only testing of Bleep in late July. On Wednesday, senior product manager Jaehee Lee announced in a […]
Chinese-backed hackers infiltrated the computer networks of airline, shipping and information technology companies responsible for transporting personnel and weapons for the U.S. military, a Senate investigation found. There were 20 such breaches from June 2012 to May 2013, giving the hackers insight into military logistics and a foothold that could be used to disrupt operations, according to a report today by the Senate Armed Services Committee. While […]
By Eric Auchard and Harro Ten Wolde FRANKFURT Tue Sep 16, 2014 7:51pm IST An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. Credit: Reuters/Kai Pfaffenbach FRANKFURT (Reuters) – A Frankfurt judge has lifted a temporary injunction on online taxi service Uber, only two weeks after […]
SanDisk is laying claim to offering the world’s highest-capacity SD card, 512 gigabytes of flash storage — but at $800, it’s not cheap. The new SanDisk Extreme Pro SDXC UHS-I aims at photography and video professionals that absolutely must have the most advanced equipment available to shoot 4K Ultra High Definition (3840x2160p) video, Full HD video (1920×1080) and high-speed burst mode photography. Dinesh Bahal, vice president of […]
Verizon plans to launch an “over-the-top” digital video broadcasting service by the middle of 2015, CEO Lowell McAdam said Thursday. Speaking at Goldman Sachs’ Communacopia conference, McAdam said the service would deliver video content to wireless devices on an a la carte basis. “No one wants to have 300 channels on your wireless device,” McAdam said, according to a transcript of the talk published on the investment […]
By K Raveendran at CeBit Eurasia, Istanbul Deutsche Messe, organisers of CeBIT technology shows and global conferences, is keenly watching the success of Dubai’s Gitex but is for the present content with carrying on with CeBIT Eurasia Turkey as the regional edition, although the leading global technology show organizer considers Dubai as a most desirable venue. Deuteche Messe apparently believes that Gitex is such a strong contender […]
The 1980s and 1970s were many things – but only a fool, wallowing in a Slush Puppie vat of nostalgia, could claim they were a golden age of childhood Crouching over a tape recorder in an attempt to capture the Top 40 on a TDK magnetic cassette; writing letters to an overseas penfriend; popping down to Boots to have your holiday snaps developed. These are just some […]
It’s not called the iWatch, but it’s an Apple watch all the same. In fact, it’s called the Apple Watch and the tech giant is billing it as its most personal device ever — chock full of “revolutionary” technologies with a “pioneering” user interface featuring a “Digital Crown” that lets you scroll, zoom and navigate. But what does this device look like beyond all the buzzwords? Well, […]
|By TAP Staff| Dubai Multi Commodities Centre (DMCC), AstroLabs and Google have team up to launch a technology hub that will promote start-ups. Based in the DMCC free zone, the hub is expected to open early next year, catering to technology entrepreneurs from around the world looking to gain access to high-growth emerging markets, including the Emirates. AstroLabs, which is a DMCC member, trains Middle East and […]
By Paul Carsten BEIJING Mon Sep 8, 2014 11:12am IST A picture illustration shows a WeChat app icon in Beijing, December 5, 2013. Credit: Reuters/Petar Kujundzic/Files BEIJING (Reuters) – Apple Inc has a lot for which to thank people like Deng. A Beijing-based quality analyst, she gave only her surname as she’s embarrassed by how much money she spends playing mobile games on WeChat, a hugely popular […]
Goodbye, goodbye, goodbye. . . more could be done to improve the productivity of each police officer, says Tom Winsor Photo: Alamy At first, when her south London flat was broken into last winter, Zena Ambrose couldn’t have been more impressed with the response from the police. The communications consultant returned home from work late at night to find a burglar had stolen her MacBook, driving licence and designer clothes […]
