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Microsoft To Join ONDC | Will it ends the dominance of Flipkart & Amazon ?

Microsoft joins  India's ONDC WHAT HAS HAPPENED? US firm Microsoft has become the first big tech company to join the Open Network for Digital Commerce (ONDC), A government-backed project which is aimed at enabling small merchants and mom-and-pop stores in parts of the country to access processes and technologies that are typically deployed by large e commerce platforms such as Amazon and Flipkart. The software giant intends to introduce social e-commerce - group buying experience in the Indian market, Which would include a shopping app for Indian consumers along with their social circle, harnessing the ONDC network to discover the best pricing among retailers and sellers. WHAT IS OPEN NETWORK FOR DIGITAL COMMERECE ? It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. ONDC is to be based on open-sourced methodology, using open specifications and open network protocols inde...

Google Maps launches Street View in India after 11 years | Feature of Street ViewService ?

Google Street View launched  in India after 11 years WHAT HAS HAPPENED ? Google Street View is finally available for ten cities in India and is  expected to roll out in about 50 more cities by the end of the year.  The 360-degree interactive panorama feature of Google Maps has been  available in cities spread over 100 countries since 2007.  In India, unlike in other markets, Google Street View is powered by  images from third parties as per the National Geospatial Policy, 2021. WHAT IS GOOGLE STREET VIEW ? Google Street View is an immersive 360-degree view of a location  captured using special cameras mounted on vehicles or on backpacks  by data collectors moving around the city streets.  The images are then patched together to create a 360-degree view  which users can swipe through to get a detailed view of the location.  It is available to view on Android and iOS using the app, or...

Ranveer Singh's Nude photoshoot, Has he violated India's Obscenity law?

Has Ranveer Singh Violated  Laws against Obscenity ? WHAT HAS HAPPENED ? Based on a complaint by a Mumbai-based NGO, the Mumbai Police  registered an FIR against actor Ranveer Singh on Tuesday,  For sharing photographs from an apparently nude photoshoot that  he did with ‘Paper’ magazine.  So, what sections of the law is he supposed to have broken ? WHO IS THE COMPLAINANT ? Two individuals, a lawyer and a person running an NGO,  approached the police separately to complain against Ranveer.  Chembur police registered the FIR based on the statement of one  Lalit Tekchandani (50), who has told the police that he runs the  Shyam Mangaram Foundation, which works with widows and  children of farmers who have committed suicide.  In his statement, Tekchandani has said that he is a private contractor. WHAT EXACTLY IS THE COMPLAINT ? Tekchandani has said that on July 24, a friend sent him images of  Ranveer that t...

SBI changes Rule for ATM Cash Withdrawal

SBI changes Rule for ATM  Cash Withdrawal WHAT HAS HAPPENED ? The State Bank of India (SBI) has launched a one-time password  (OTP) based cash withdrawal service to protect its customers  against fraudulent ATM transactions.  Soon many banks are expected to switch to this method for cash  withdrawals from ATMs.  This will work as an extra layer of protection against unauthorized  transactions. WHAT IS THIS EXTRA SECURITY ? According to the SBI, customers will have to enter the OTP during the  cash withdrawal at ATMs to complete the transaction.  The OTP is a system-generated four-digit number, which will be sent  on the registered mobile number of the customer.  The OTP will authenticate the cash withdrawal and it will be  valid for only one transaction. The largest lender in the country launched the OTP-based cash  withdrawal services on January 1, 2020.  But this is applicable for...