Deadline for filing GST extended; Auto-fuel prices may rise by another Rs 3/litre
1.2+ billion monthly transactions on Paytm in Feb; Twitter introduces Twemoji feature
Hey!
Welcome to a fresh edition of NextBigWhat’s newsletter, which brings you all the important headlines from the tech and business space.
If you like what you are seeing, press the *heart* button!
#ShortNewsOverChai
Government extends the deadline for filing GST annual returns till March 31
Followed by taxpayers’ difficulties in meeting the time limit to file GST.
Huawei to soon launch its own EVs by the end of 2021; in talks with BluePark Technology to manufacture its EVs
The focus shift is to target a vast audience.
Tata Group takes over SBI’s bid for an RBI license to set up a New Umbrella Entity for retail payments in the country
This move will help with the launch of the Super App.
Paytm registers more than 1.2 billion monthly transactions in February across platforms
Paytm registers more than 1.2 billion monthly transactions in February across platforms
Experts believe retail auto-fuel prices may rise by another INR 3/litre as OMCs may improve their marketing margins
The pressure on market margins will rise if crude oil prices rise.
Insurance becomes the most-preferred financial product to protect the family post the COVID-19 pandemic: Survey
It also found that most consumers would like to buy life insurance as part of their investment plans.
Almost 96% of people in Maharashtra faced a drop in earnings during the lockdown: Survey on post lockdown outbreak
43% of people had no income at all, only 10% of them have come back to their pre-lockdown income levels.
Commerce and Industry Minister Piyush Goyal counts on Airbus to start manufacturing aeroplanes in India
He said, “It is another matter that I won’t be able to do it, but I’m actively pursuing Airbus”.
Biocon Chairperson Kiran Mazumdar Shaw says the companies “feel betrayed” on the cost of vaccines as it is too low to sustain
She reacts after the government fixed the Covid-19 vaccine price at INR 250 at private hospitals.
National Stock Exchange blames “instability of telecom links” for the trading shutdown
The online risk management system of NSE and other systems was impacted.
Highlights:
“Lenders must boost the credit flow to critical and new sectors to satisfy needs of the recovering economy” - PM Modi
He also promised further reforms in India’s financial space.
“A Parliamentary scrutiny was necessary before bringing rules to regulate social media in India” - Congress
Congress believes bureaucrats may misuse vast powers.
#Dhandha Forecast
Global consumer spending on apps will reach $270 billion by 2025
By 2025, non-game apps will widen their lead, reaching $107 billion, while mobile games will reach $78 billion.
SaaS apps are the new target for Ransomware attacks in 2020: Report
The report said Ransomware attacks on Indian organisations increased by 31% during the pandemic.
About The #TechGiants
Clubhouse app soon to be introduced to Android users
So far, only the Apple user base has access to the app.
Twitter introduces Twemoji feature, a new sticker tray for ‘Fleets’
The feature was recently announced by Twitter Japan.
Google vows $5 million to address the racial inequities in Covid-19 vaccinations; Reports, Black Americans are inoculated at lower rates
71% of Black Americans and 61% of Hispanic Americans know someone who has died from the virus.
Apple suggests some AR-based apps for students to learn science
It suggested apps like Galileo, ScienceAR, Earth School, Plantale on the National Science Day.
More #GlobalTechNews
Judge approves a $650 mn settlement of a privacy lawsuit against Facebook for allegedly using users’ biometric data
Nearly 1.6 million users in Illinois who filed the lawsuit were affected.
Transgender TikTok creators say the app’s ‘For You’ page triggers transphobia and harassments
“There is no place for hate and harassment on TikTok,” the company told.
Google is planning to introduce screen recording features for Wear OS Smartwatch devices
Can record the screen in video format from the Wear OS smartphone app.
“Androids are more flexible; it's about how the software connects up with the iOS,” states Bill Gates
About iPhones, Gates said that a lot of his friends have iPhones, “so there’s no purity.”
#NationalNews
Assam Election 2021: 1.08 lakh ‘D’ or doubtful voters will not be allowed to vote in Assam polls
‘D’ voters are those who are pending with the Foreigners Tribunals.
Rakesh Tikait tours 5 states in March to seek support for farmers’ protest
Farmers’ meetings will be held in Uttarakhand, Rajasthan, Madhya Pradesh, Karnataka and Telangana.
Pakistan PM Imran Khan welcomes the ceasefire agreement; Ready to resolve issues through dialogue
Khan said, “The onus of creating an enabling environment for further progress rests with India.”