Parag Agrawal joins growing list of Indian-origin CEOs leading US firms

Parag Agrawal’s ascension at Twitter follows that of Sundar Pichai at Alphabet, Satya Nadella at Microsoft, Arvind Krishna at IBM, Shantanu Narayen at Adobe, and Ajay Banga at Mastercard.

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Apple’s App Store gift cards will now be available in India via Amazon

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Slow iPhone or iPad? Try these tips to speed up your aging Apple devices

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BGMI wins Best Game at Google Play Best of 2021 awards

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Musk highlights ‘supply chain nightmare’ in tweet

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Redmi Note 11T 5G launched in India: Here’s everything you need to know

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Brazil's Nubank said to weigh a reduction in IPO valuation

Nubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more than the market cap of Brazil’s largest bank Unibanco Holding SA.

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Twitter missed out on Big Tech rally during Jack Dorsey’s era

A 75% gain for Twitter during Jack Dorsey’s seven-year tenure as CEO lags far behind the triple-digit gains posted by Apple (450%), Amazon (580%) and Alphabet (345%) over the same time period.

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Trolls dig up his decade-old tweet on 'white people' to target Twitter's new CEO Parag Agrawal

But Agrawal himself clarified in the thread that he was only quoting the comedian Aasif Mandvi who had said something on these lines on the Daily Show.

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Cyberpunk 2077 next-gen upgrade coming in early 2022

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Jack Dorsey’s journey from microblogging pioneer to billionaire

Jack Dorsey has stepped down as the CEO of Twitter, the social media firm he helped found in 2006 and steered through a high-profile hack and controversial banning of former US President Donald Trump.

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Zoho enters 'booming' e-learning space with TrainerCentral

Zoho has launched TrainerCentral to offer a collaborative e-learning platform to tap into the booming e-learning market.

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Who is Parag Agrawal, Twitter's new CEO?

Twitter has promoted CTO Parag Agrawal to replace CEO Jack Dorsey, joining the likes of Apple, Amazon and Alphabet in tapping a company insider for the top job. Here are some facts about him.

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Reliance Jio price hike: Last day for prepaid users to recharge at old prices

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The challenges that await Twitter's new CEO Parag Agrawal

Parag Agrawal may not ever cut as public a profile as his predecessor Jack Dorsey, but as Twitter’s CEO he won’t just need to keep growing the business but also navigate a number of thorny political issues—from the US to India.

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Google Play’s Best of 2021 list: Bitclass wins best app, Clubhouse is Users’ choice app

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Snapdragon Summit 2021: How to watch livestream, what to expect

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India-born Parag Agrawal Is Twitter CEO; RBI's crypto moves

In a surprise move, Jack Dorsey said on Monday that he was stepping down from Twitter and handing over the reins of the company he cofounded to India-origin Parag Agrawal.

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Tata-owned 1mg, PharmEasy go offline for omnichannel presence

Tata-owned 1mg is set to open its first physical store in Gurugram next month while rival PharmEasy has started to expand across the offline channel through franchise stores.

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Bessemer Venture Partners raises $220 million India-focused fund

Bessemer Venture Partners, one of the oldest early-stage investors in the region, has for the first time raised a dedicated India-focused fund of $220 million. The company first started investing in India 15 years back.

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Silicon Valley crypto fund Draper Dragon eyes India debut

Draper Dragon Fund, an early backer of Nasdaq-listed crypto exchange Coinbase Global, is likely to invest $75-100 million in Indian blockchain and crypto startups.

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ABL Workspaces raises Rs 15 crore from Canada-based Ethik Inc

The capital will be used by ABL Workspaces to expand its seating capacity and centres in Delhi NCR. It also intends to develop the team and its technology.

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Proptech startup Propdial raises Rs 1 crore via debentures

Propdial, a Gurugram-based proptech startup, pivoted to property management in 2017 to help property owners manage real estate remotely in India.

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No proposal to recognise ‘Bitcoin’ as a currency in India: FM Nirmala Sitharaman

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Motorola launches Moto G31 with 50MP triple rear camera setup: Price in India, specifications

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NASA’s Curiosity rover sends ‘picture postcard’ from Mars

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US Commerce Chief to pitch for $52 bn to expand US chip manufacuring

US Commerce Secretary Gina Raimondo will make a pitch in Michigan for Congress to approve $52 billion to expand US semiconductor manufacturing even as it continues to review data on chips market.

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Driving Diversity - How PhonePe is building an inclusive leadership team

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PUBG: New State is getting exclusive music, new web series in India

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CoinDCX plans to pursue IPO as soon as India regulations are in place

India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering (IPO) as soon as government regulations allow it, cofounder Neeraj Khandelwal says.

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In conversation with Raj Mamodia: The Founder & CEO of Brillio

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Apple could announce its mixed reality headset as soon as next year, says report

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WhatsApp’s new shortcut feature for forwarding stickers rolls out for Android beta users

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Vulcan to supply CO2-free lithium to Stellantis from Germany

Vulcan is one of a number of companies testing a direct lithium extraction method that uses less land and groundwater. Lithium is a core component for making lithium-ion batteries used in electric vehicles.

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Nissan to spend $17.6 billion to accelerate electric-vehicle drive

Nissan Motor will introduce 23 electrified vehicles by 2030, including 15 electric vehicles, and plans to introduce all solid-state batteries by March 2029, according to a statement released on Monday.

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Facebook-Giphy deal set to be blocked by UK regulator

The United Kingdom’s Competition and Markets Authority is set to reverse the Facebook-Giphy deal in what would be the first time the regulator has reversed a Big Tech acquisition, Financial Times reported.

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Jio, Airtel and Vodafone-Idea’s prepaid plans 2021: Best new prepaid plans under Rs 400

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Paytm share price falls 4.6% as net loss widens in Q2 on higher expense

Paytm raised $2.5 billion in India's biggest IPO earlier this month but made a dismal debut on the stock exchanges. Its net loss widened in the September quarter due to higher expenses but revenue rose 63.6%.

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Clearlake Capital to buy Quest Software from Francisco Partners

Quest Software was part of Dell's software division, which the company divested in 2016 to focus on its technology portfolio and bolster its balance sheet after it agreed in October to buy data storage company EMC for $67 billion.

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Qlan: Indian startup fires up a social network just for gamers

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Cars24 zooms to $3B valuation; Behind the Paytm IPO debacle

We’d leave the year-end musings for a later edition of the newsletter but for now, we have a mix of scooplets, exclusives, and a deep dive into Paytm’s IPO to charge you up for a brand new week.

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RBI-backed CBDC likely to feature in crypto bill: official

Terming the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, the official said the “government’s response is not to ban cryptocurrencies but rather to provide cryptocurrency via the RBI.”

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Cars24 may hit $3 billion valuation in new funding round

Cars24 is considering a secondary share sale as part of the round, but it hasn’t been finalised yet.

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Slice turns unicorn after raising $220 million from Tiger Global, Insight Partners

Post this funding, the Bengaluru-based startup is valued at over $1 billion—a five times increase since its previous funding round six months ago.

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Crypto exchanges see their new sign-ups dip amid uncertainty

Crypto exchanges have recorded a 15-50% drop in new sign-ups in November so far. They have also posted a dip in their monthly transactions after some investors squared off positions and adopted a “wait and watch” mode.

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TomTom working on mapping platform for emerging markets

A large part of the development is happening out of India, which has about a quarter of its total employee base.

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Every special edition Nintendo Switch console throughout the years

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After Airtel and Vi, Reliance Jio hikes prepaid tariffs: Here are the new prepaid plans

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Vivo tipped to launch tablet with Snapdragon 870 processor

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French gaming company Gameloft partners with WinZO

India accounts for 12%, or more than 150 million people, of Gameloft's downloads, but it accounts for only 0.6% of the company’s worldwide income, making it a high-potential yet underutilised market.

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Airtel is offering free 4GB data coupons with 3 prepaid plans after the recent price hike

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Cyber Monday 2021: Here’s everything you need to know

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Truecaller: How to setup auto-record for calls and use the feature

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Sony could be working on a PlayStation mobile controller

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Lenovo IdeaPad Flex 3i Chromebook review: As simple as it gets

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Flipkart Black Friday Sale offers: Deals on iPhone 12, Pixel 4a, Realme Narzo 30 and more

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iPhone 14 design concept suggests a secondary slider screen

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Decoding Data Protection Bill

Earlier this week, a Joint Committee of Parliament (JCP) adopted the final report on the Data Protection Bill, marking a milestone for India, the largest open internet market in the world that has been trying to frame a privacy Bill for over a decade.

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How to automate everyday tasks easily with Google Assistant’s Routines

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WhatsApp wins approval to double payments offering to 40 million users in India: Source

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Elon Musk wants you to stop relying upon cryptocurrency exchanges; here’s the reason

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OnePlus 9RT spotted on OnePlus Care app in India ahead of launch

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Samsung unveils Galaxy A03 smartphone: Check price, specifications

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Battlegrounds Mobile India is getting a new parental control feature: Here are the details

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Cryptocurrencies tumble as coronavirus variant shakes markets

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WhatsApp tips: How to customise the app for yourself on Android

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Google Pixel 6a specifications tipped ahead of launch

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Cryptocurrency exchange Bitkub wants Thailand to promote “cryptourism”

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Nothing ear (1) could launch in new black colour variant soon: Here’s what we know

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Spotify is killing its Car View feature that simplified playback control while driving

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Fortnite Chapter 3 leak hints at unique new map: Check details here

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Paytm September quarter net loss widens

Paytm reported a consolidated net loss of Rs 474 crore ($63.2 million) compared with Rs 437 crore in the same period a year earlier.

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WhatsApp reactions are coming: Here’s everything we know so far

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A week of crypto chaos

This week, a bulletin published by the Lok Sabha for the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, spooked the nascent crypto industry in India.

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WhatsApp Pay said to win NPCI approval to double its user base in India

WhatsApp had requested that there should be no cap on users of its payments service in India. Instead, the NPCI this week told the firm it could double the user base to 40 million from the mandated 20 million.

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The Game Awards 2021 to air on Indian networks

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Samsung Galaxy Note series dropped from brand’s 2022 plans: Report

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Nykaa’s market cap surpasses that of Zomato, Paytm

The market cap of the cosmetics-to-fashion ecommerce player hit Rs 1.19 lakh crore, while Zomato and Paytm had a market cap of Rs 1.18 lakh crore and 1.12 lakh crore, respectively during the day.

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Krafton partners with Sony Music India to bring new content to PUBG: New State

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New Zealand PM says Facebook, others must do more against online hate

New Zealand Prime Minister Jacinda Ardern said the next step was to focus on prevention, looking at how people are finding or coming across hateful or terror-motivating content online and perhaps becoming radicalised.

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Paytm wild ride continues as stock sinks again ahead of earnings

Ahead of the results, Paytm’s shares dropped as much as 7.7% in early Mumbai trading on Friday. While the stock had jumped about 32% over the last three days, it is still well below the price set in the $2.5 billion IPO as investors continue to weigh its longer-term prospects.

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Spotify to take on TikTok with vertical feed of music videos

The feature was spotted in the beta version of Spotify for iOS, which is available on TestFlight. A new icon in the tab bar of the app takes users to a new vertical video experience where they can swipe up or down to watch short video clips.

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How do birds make their nests?

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Apple’s AR will have Mac-level computing; could eventually replace iPhone in 10 years: Kuo

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Nothing Ear 1 gets a price cut in India: Here is how much these cost now

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How to re-enable YouTube dislike count: 2 extensions you can use

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Airtel, Vodafone Idea new prices now in effect: How much more are you paying?

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MIUI 13 could launch on December 16: Here is what we know so far

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Solar eclipse 2021 on December 4: How to watch, timings, visibility in India

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Redmi K50 Gaming Edition specs leaked; new Redmi phone with MediaTek Dimensity 7000 on the way

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Israel slashes list of countries that can buy cyber tech

Israel's Defence Ministry said in a statement it takes "appropriate steps" when terms of usage set in export licenses it issues are violated, but stopped short of confirming any licenses had been revoked.

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Battlegrounds Mobile India rolls out hotfix for Mirror World bug

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China asks Didi to delist from US on security fears

Proposals under consideration include a straight up privatisation or a share float in Hong Kong followed by a delisting from the United States

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Crypto bill confounds funds; IPL teams fume over crypto diktat

While some blockchain and crypto funds are rethinking their strategies in case the government bans cryptocurrencies, others remain bullish, pinning their hopes on innovation-friendly rules.

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Rivals eyeing IBM spinoff Kyndryl’s sub-$50 million clients, experts say

Kyndryl briefly lost clients to rival IT services firms before its new strategy took effect, analysts said, adding that its business has stabilised after smoothly transitioning clients from IBM to itself.

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BCCI’s crypto diktat upsets IPL franchisees

Two IPL franchisees have had to scrap sponsorship discussions with local cryptocurrency exchanges after the Board of Control for Cricket in India (BCCI) sent a directive against any such association.

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Ashwini Vaishnaw: Must define responsibility for online content

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Crypto-focused funds rejig strategy amid talk of trading ban

A few blockchain and crypto-focused funds are planning for contingencies to ensure they do not face a situation like in 2018 when the Reserve Bank of India (RBI) cut banking access for the crypto and blockchain community.

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Black Friday Sale in India: Check out best deals, offers on phones, laptops, and more

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Fortnite Chapter 2 to end on Dec 4 with big in-game event named ‘The End’

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Amazon seeks to pause antitrust review of 2019 deal with Future Group, documents show

The Supreme Court approach by Amazon comes as the CCI on Wednesday held a closed-door hearing where the US firm's lawyers declined to argue and explain their position on the matter, saying they had asked the top court to pause the process

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Cryptocurrencies prices today: Binance Coin climbs 4%; Solana, Polkadot dip up to 5%

In rupee terms, Bitcoin was up over 9 per cent, Ethereum 8 per cent and Dogecoin 5 per cent, data available at WazirX showed. The sharp rally comes after a crash in the market last day after the news of ban on tokens.

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US opposes China Telecom's bid to continue US operations

The US arm of China's largest Chinese telecommunications company asked the US Appeals Court for the District of Columbia this month to block the order.

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Investor Warburg cuts Ant valuation by 15% to below $200 billion

Warburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about its prospects is rising as the payments-to-loans behemoth remodels itself under regulatory pressure.

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BlackRock, Canada Pension bought more Paytm stock after rout

The stock climbed for a third day on Thursday, rallying as much as 7% to 1,875 rupees in early Mumbai trading. That’s still a fair distance away from its issue price of 2,150 rupees

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New Russian module launched to International Space Station

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Airtel, Vodafone-Idea price hike: Last day to recharge with old tariff prices today

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Australia’s Barrier Reef erupts in colour as corals spawn

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Niti Aayog floats idea of full-stack digital banks

Government think-tank Niti Aayog on Wednesday proposed setting up of full-stack 'digital banks', which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country.

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