The government had in October 2014 adopted a formula that takes into account the volume-weighted annual average of the prices prevailing in Henry Hub (US), National Balancing Point (UK), Alberta (Canada) and Russia with a lag of one-quarter. Prices are set every six months -- on April 1 and October 1 each year. … [Read more...] about ONGC to lose Rs 4,000cr on new gas price; seeks freeing of gas prices
New year resolution
The latest Rosenblatt report reveals that Public FinTechs were performing significantly until the COVID-19 crisis began. In February 2020, the FinTech index which consists of 26 firms was up 49%, compared to Nasdaq which was up by 28% and S&P 20% respectively. But in a span of one month, Rosenblatt notices that FinTech index has underperformed and both Nasdaq and S & P have shown a decline by 7%. … [Read more...] about New report predicts major disruption in fintech market due to COVID crisis
* Companies are rigorously investing in mobile payment technology owing to significant growth in the industry. For instance, in the Indian market, WhatsApp is working with ICICI bank to introduce mobile payment features through UPI (unified payments interface). … [Read more...] about Asia-Pacific to offer new opportunities in the mobile payments market: Report
Eventually, when shopping on Ikea’s app, customers will be able to digitally place new items into a photorealistic 3D representation of their home. They can see how an item affects the feng shui of their current furnishings, experiment with new styles, and make sure it’s all in budget before ever needing to commit. Down the line, Ikea’s work in AI could potentially be used to suggest items to customers in line with their preferences. “Ikea has 75 years of home designing knowledge . . . we can now put that knowledge in the hands of the people for free,” Coppola says. … [Read more...] about Ikea’s new digital strategy engages users where they are: At home
Having battled various challenges while chasing her dreams, the author of Grow Younger shares how she turned her life around, and is now full of youthful energy despite all the ups and downs she faced. “You can be as young as you think you are,” says the Mumbai-based mother of three and grandma of five. … [Read more...] about Who says struggles make you age faster? This 60-year-old is growing younger!