DIGITAL LITERACY
Menace of 'money mules' and how not to become one
Mule accounts are bank accounts that are used to launder proceeds of crime by fraudsters. In an age when there are strict laws on holding or using large amounts of cash, transactions in the banking system cannot be avoided. At the same time, criminals cannot use bank accounts because KYC norms will enable authorities to link the money to the activity through which they receive it.
IBM, Gujarat govt ink pact to establish AI cluster at GIFT City
Under this partnership, IBM will provide software technologies and platforms over a cloud environment enabling financial institutions to customise and fine-tune large language AI models in a sandbox environment. IBM will also aim to build a digital assistant-based solution that facilitates the onboarding and integration of these customised large language models for financial institutions.
As AI gains a workplace foothold, US trying to make sure workers don't get left behind
Bridging the digital equity gap through AI education is crucial. Marvin Venay stresses the importance of inclusive initiatives for overcoming barriers. Accessible internet and affordable technology are essential components for empowering individuals with AI knowledge and skills.
Hamara gaon, hamara digital push
While smartphone adoption among low- and moderate-income (LMI) communities is growing, usage is limited to social media and messaging apps. This indicates that critical challenges continue to hinder the use of digital payments for close to 1 bn LMI people, especially women and people from marginalised communities.
Only 3% of India’s 62 million business owners have SME insurance: ICICI Lombard’s Anand Singhi
Our focus on end-to-end risk management for MSMEs through various tailored digital solutions makes us different, says Anand Singhi, Chief of Retail and Government Business at ICICI Lombard.
How brands should inspire politicians to move away from 'divide' and 'drown’ to ‘unify' and 'thrive’
Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empathy.
A realistic way to protect kids from social media? Find a middle ground
Ahmed Othman, a teenager from Massachusetts, avoids TikTok and credits his parents, computer scientists, for teaching him about social media's impact on mental health. He is among the minority of teens not on TikTok, as per Pew Research Center data.
From savings to wealth: A guide to strategic methods for sustainable wealth creation in India
India is facing a retirement crisis with 80% concerned about savings sufficiency. The India Retirement Index at 44 highlights the gap. Jefferies' findings reveal investment habits, and StockGro addresses financial literacy and investment education needs.
Threat of bad advice: A more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it
The real pitfalls arise when bad financial products are marketed as good ones, and investors fail to recognise the deceit. If you are saving and investing, encountering such schemes is inevitable; it’s not an exception, but certainty. Thus, a more crucial aspect of financial literacy is not just what to do with money, but also what not to do with it.
Senior-level adtech and martech roles combine creativity, tech and business sense
The adtech (advertising technology) and martech (marketing technology) sectors require a unique balance of creativity, business acumen, and technological skills, especially at senior levels. Companies seek professionals with expertise in data analytics, AI/ML, and digital marketing, as these roles are crucial for connecting brands with customers and driving hyper-personalization.
Time for India to get the investment game right!
Indian households traditionally prefer fixed deposits, gold, and real estate for investments. However, equities, mutual funds, SGBs, InvITs, and REITs offer higher returns over the long term. StockGro aims to educate and empower investors in the equity market. SEBI, NCFE, and RBI play roles in promoting financial literacy and regulating investments.
How to reskill and upskill yourself in pharma industry
The Indian pharma sector is evolving rapidly, demanding reskilling amidst technological advancements and regulatory shifts. To thrive, professionals must embrace digital transformation, stay updated on regulations, and invest in continuous learning. Soft skills and adaptability are also crucial in navigating market dynamics. Reskilling is imperative for success in this dynamic landscape.
Teaching minors 'good touch', 'bad touch' not enough, educate them on 'virtual touch': HC
The high court's observations came while dismissing a bail plea by a woman, Kamlesh Devi, accused of helping her son in sexually assaulting a minor girl after kidnapping her and forcing her into prostitution. The 16-year-old was allegedly kidnapped by Rajiv who befriended her on social media and kidnapped her when she came to meet him. The girl was taken to Madhya Pradesh and confined there for several days. She was allegedly sexually assaulted by the man and others.
StockGro x ETMarkets: Empowering Indians with Financial Literacy
Investing or trading shouldn’t be daunting—it should be about simplicity, progress, and empowerment. StockGro aims to empower individuals to navigate the complexities of the stock market with confidence and clarity.
A financial literacy letter to my younger self
India's young population of 1.4 billion with a median age of 28.2 and urban population of 36%. Diverse investment landscape with BSE Sensex reaching 75,000. Strong financial planning for the future with a focus on asset allocation and growth-oriented investments.
From digital literacy to women entrepreneurship: How Nasscom Foundation is championing technology for social good and SDG push
Nasscom Foundation is focused on driving social change through technology, and its broad spectrum of initiatives are aimed at holistically harnessing technology for social innovation, says Nidhi Bhasin, CEO.
NTPC Bongaigaon, Bodoland Territorial Region join hands for skilling programme
The cost of the entire initiative includes NTPC Bongaigaon contributing Rs.200 lakhs and BTR Government contributing Rs.150 lakhs towards the noble cause. These centres will offer high-quality training, professional counselling services, and access to e-libraries, aiming to empower individuals and foster sustainable development in the region.
CoinSwitch CEO optimistic about regulatory shift towards innovation in India's digital ecosystem
Ashish Singhal of CoinSwitch expresses optimism regarding India's evolving regulatory landscape for innovation in the digital ecosystem. He further discussed efforts to educate beginners and promote financial literacy, the interest of businesses in leveraging blockchain technology, recommendations to regulatory authorities, and navigating the regulatory landscape while respecting the framework.
Back to Basics: How India Inc's using CSR to solve education
Corporate India is focusing on education and skilling initiatives at the school level to enhance digital literacy. Companies like L&T, P&G India, Dell Technologies, Mphasis, Infosys, and HUL are rolling out smart classrooms, learning centres, and STEM education programmes to improve learning outcomes for underprivileged students.
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