Rapid digitalisation, digital public infrastructure have been crucial to formalisation of Indian economy: Manoj Gujaran, Poonawalla Fincorp

Manoj Gujaran dwelt on the surge in fintech NBFC lending to young borrowers and the estimated growth of India’s digital consumer lending market, highlighting the opportunities for the financial sector.

At the DNPA Conclave and Awards 2024, the Chief Compliance Officer and Head, Legal & CSR, Poonawalla Fincorp, highlighted the role of digitalisation in India’s growth and the role of government in youth upskilling.

Fearing technology is like fearing the inevitable: Rajeev Chandrasekhar on AI

Chandrasekhar said there was a need to remove ambiguity in the use of Gen AI, seeking more clarity and adherence to ethics while stressing on the need to ensure a safe AI. (Image source: News18)

: Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India spoke about the government’s approach to deal with AI at the Storyboard18 DNPA Conclave and Awards 2024.

Solving the big tech revenue share issue will be PM’s priority in third term: Rajeev Chandrasekhar

“These big tech platforms are gatekeepers to monetising the content and that asymmetry, needs to be legislated, or at least a regulated through rules of a new legislation. And I'm hopeful that after Narendra Modi ji resumes office this year, this will be his priority,” Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, added.

Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India spoke at length about the existing revenue share issue with big tech platforms at Storyboard18 DNPA Conclave and Awards 2024.

50 percent of information on the internet is not true or verified: DNPA’s Tanmay Maheshwari

Speaking about DNPA, Tanmay Maheshwari, chairman, Digital News Publishers Association (DNPA) and managing director, Amar Ujala, noted that it was an association of the digital arms of legacy newsmedia companies. “We represent more than 80 percent of digital news traffic in the country,” he explained, emphasising that DNPA members provide free flowing, verified information in the digital ecosystem.

In Q3 of 2020, there were 1.8 million fake news engagements on Facebook. And there were 18 million pieces of Covid-19 misinformation on the internet, says Tanmay Maheshwari, chairman, Digital News Publishers Association, and managing director, Amar Ujala.

Layoffs 2024: Snap to lay off 10 percent of its global workforce

This is not the first time the social media company has initiated layoffs. In August 2022, 20 percent of the staff was laid off and its business lines were restructured. (Image source: X)

This move by the social media company to reduce their numbers is in order to reduce hierarchy and promote in-person collaboration.

Snap launches ‘Less Social Media. More Snapchat’ ad campaign; positions itself as an antidote to other social media

This is not the first time the social media company has initiated layoffs. In August 2022, 20 percent of the staff was laid off and its business lines were restructured. (Image source: X)

Snap’s ad aired on February 4 during the Grammys in the US. The campaign will be rolled out across digital, out-of-home and other social media platforms.

DNPA Conclave & Awards 2024 to discuss the media industry’s digital transformation

The discussion on Media Trust in the Digital Age: Balancing Influence and Integrity Session Chair had Nalin Mehta, Managing Editor, Moneycontrol as the moderator with Shri Apar Gupta, Lawyer, Meghna Bal, Head of Research, Esya Centre, Vinit Goenka, Author and Former BJP Spokesperson, Sanjay Goel, Member, Grievance Appellate Committee, Government of India , Arvind Arora, YouTuber and Akash Banerjee, Social and Political Satirist, Founder, TheDeshBhakt (YouTube Channel).

The DNPA Conclave & Awards will take place on February 6, in New Delhi, featuring Keynote Address by Shri Anurag Thakur and and Shri Rajeev Chandrasekhar. This edition of the conclave is being organised by DNPA in association with Storyboard18.

Budget 2024: Expectations and top asks in AI sector

Google's AI head Jeff Dean and former YouTube CEO Susan Wojcicki have also backed the company in a personal capacity. (Representative Image: Steve Johnson via Unsplash)

While multiple initiatives have been introduced to make India a global AI hub, a few areas need to be considered, states Deloitte in its pre-Budget expectations.

“Loud Budgeting”: Gen Z takes stand against money dysmorphia

The new directors join chief executive officer Anirban Mukherjee and chief finance officer Arvind Agarwal on the board of PayU India. (Representative Image: Towfiqu barbhuiya via Unsplash)

In an age where social media glorifies luxury, Gen Z is taking a unique approach called ‘loud budgeting,’ a protest against excessive spending.