Latest news with #Bhim
Time of India
03-05-2025
- Entertainment
- Time of India
Meet Bhim and Naina Bachchan: Amitabh Bachchan's low-key relatives who stay away from the Bollywood limelight
The Bachchan family is known for their elegant and royal lifestyle. Every member stands out in their own way. and his family are hugely popular, and many of them work in the film industry. Tired of too many ads? go ad free now But not many people know about Amitabh's younger brother, Ajitabh Bachchan , who lives a more private life. Ajitabh Bachchan: The Quiet Brother Ajitabh Bachchan is Amitabh's younger brother. He and his family prefer to stay out of the spotlight. While none of his children work in Bollywood, his daughter is married to someone from the film world. A Different Life: Business Over Films As reported by unlike Amitabh, Ajitabh built his career in business. He lived in London for many years before returning to India. He is married to Ramola Bachchan, a Delhi-born businesswoman and well-known socialite. Since moving back to New Delhi in 2008, Ramola has organised over 250 events covering fashion, film, lifestyle, jewellery, luxury and property. She remains active and full of energy. The couple have four children – Bhim, Naina, Nilima and Namrata. They have four children – Bhim, Naina, Nilima and Namrata – all of whom live quietly and choose to stay out of the public eye. Bhim and Naina Bachchan: Life Beyond Bollywood Both Bhim and Naina Bachchan started their careers as investment bankers. Bhim is now based in New York, according to the Times of India. Naina later turned to theatre and is married to actor . He is known for starring in the OTT film 'Jewel Thief' alongside and . Naina and Kunal became parents to a baby in 2022.
Time of India
29-04-2025
- Business
- Time of India
In Fierce UPI Fight, Fresh Faces Gain Some Ground
Newer Unified Payments Interface (UPI) apps such as Flipkart-backed Navi, Bhim, and Cred are increasing their share in the payment market amid a spike in UPI transactions, luring consumers with cashback offers and other incentives. #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" The newer entrants have grown their collective share to around 4% in March 2025, up from 2.3% in October 2024 and negligible a year earlier, according to data released by the National Payments Corporation of India (NPCI), which runs the UPI network. Even so, PhonePe and Google Pay continue their domination, holding on to a combined market share of 82%—47% and 35%, respectively—in the last two months, the data showed. 'The newer apps are not offering pure-play payments; they are going beyond that with credit, ecommerce, and bill payments,' said Rohan Lakhaiyar, partner at Grant Thornton Bharat. 'UPI is their customer acquisition hook, and it seems to be working,' he said. Navi is focused on consumer lending, Cred is expanding unsecured loans and bill payments through Bharat Connect, and is binding itself into Flipkart's ecommerce ecosystem. These firms are offering cashbacks and other incentives to move consumers away from their preferred apps at a time when the growth rate of UPI has slowed down. The payment network grew about 36% in 2023 and 2024, down from around 54% growth in 2022, albeit on a larger base, ET reported on April 7. Currently UPI is estimated to have more than 200 million active users. While is offering up to 5% cashback on every UPI transaction, Navi is positioning UPI payments as a 'rewarding' experience, bundling features such as buy-now-pay-later through Navi Trezo. Cred had until recently promoted cashbacks for every Cred UPI transaction.
Time of India
29-04-2025
- Business
- Time of India
In fierce UPI fight, new players Flipkart-backed Super.Money, Navi, Cred start to gain ground
Live Events Newer Unified Payments Interface (UPI) apps such as Flipkart-backed Navi , Bhim, and Cred are increasing their share in the payment market amid a spike in UPI transactions, luring consumers with cashback offers and other newer entrants have grown their collective share to around 4% in March 2025 up from 2.3% in October 2024 and negligible a year earlier, according to data released by the National Payments Corporation of India (NPCI), which runs the UPI so, PhonePe and Google Pay continue their domination, holding on to a combined market share of 82%.PhonePe and Google Pay had 47% and 35% of the market, respectively, in the last two months, the data showed.'The newer apps are not offering pure-play payments; they are going beyond that with credit, ecommerce, and bill payments,' said Rohan Lakhaiyar, partner at Grant Thornton Bharat. 'UPI is their customer acquisition hook, and it seems to be working,' he is focused on consumer lending, Cred is expanding unsecured loans and bill payments through Bharat Connect, and is binding itself into Flipkart's ecommerce firms are offering cashbacks and other incentives to move consumers away from their preferred apps at a time when the growth rate of UPI has slowed down. The payment network grew about 36% in 2023 and 2024, down from around 54% growth in 2022, albeit on a larger base, ET reported on April UPI is estimated to have more than 200 million active is offering up to 5% cashback on every UPI transaction, Navi is positioning UPI payments as a 'rewarding' experience, bundling features such as buy-now-pay-later through Navi Trezo. Cred had until recently promoted cashbacks for every Cred UPI Bhim has also earmarked a separate budget to incentivise users through cashbacks, targeting the next 100-150 million UPI users, ET reported in August 2024 While these players are backed by large corporations or deep-pocketed venture capital firms, it remains to be seen how long they can sustain heavy incentive-driven the government recently slashing the subsidy budget on UPI payments to Rs 1,500 crore and restricting it only to 'small merchants', industry executives remain sceptical about generating sufficient revenue from this business.'Payments on UPI do not generate direct revenue. Fintechs are onboarding users to cross-sell revenue-generating services, which is the only way to justify their investment,' Lakhaiyar though, has been nudging smaller apps to scale and challenge the dominance of Walmart-backed PhonePe and Google transactions have risen sharply in the past two months to around 550-600 million daily in March and April. March recorded 18.3 billion UPI transactions, while April is expected to surpass 17.5 billion, according to NPCI data. Monthly volumes in the previous six months hovered between 15.5 billion and 16.5 of this spike can be attributed to the rise of the new apps, industry insiders said.A senior banker at a private sector lender said gaming and betting transactions have increased during the ongoing Indian Premier League (IPL), with new UPI apps benefiting from this Paytm--whose associate entity Paytm Payments Bank suffered a series of setbacks including RBI restrictions last year--has held on to its 6.5-7% market share in consumer-facing UPI transactions in March and April, NPCI data shows.'As a listed company, Paytm has limited flexibility to spend heavily on cashbacks,' founder of a payments startup said, requesting anonymity. 'It needs to focus on profitability and has shifted its emphasis to the more lucrative merchant payments space,' the person the new entrants are making early gains, industry watchers believe Google Pay and PhonePe will ramp up their marketing efforts if their market dominance comes under is already focusing on building a larger financial services play beyond payments, with offerings across insurance, credit and now, the door is open. But whether the newcomers can sustain their momentum--and high burn rates--in an intensely competitive market remains to be seen.
India.com
23-04-2025
- Politics
- India.com
For how many days can Pakistan's army stand against India? Here's a look at the military strength of both nations
According to Global Firepower, a well-known organization that ranks military strength globally, India has around 1.44 million active military personnel, making it the second-largest army in the world. In comparison, Pakistan's military is less than half that size. India also has a much larger paramilitary force, with over 2.5 million personnel, compared to just around 500,000 in Pakistan. India's firepower includes: 4,500 tanks 538 fighter aircraft A vast inventory of modern weapons and missile systems India's military strength score, according to Global Firepower, is 0.1025 (lower is better), while Pakistan's is 0.1695—showing a significant gap in overall power. Indian Army's ground strength 1.44 million active troops 1.15 million in reserve 25 lakh+ paramilitary forces On the ground, India's Army is equipped with advanced battle gear like: Arjun Main Battle Tanks T-90 'Bhim' Tanks Pinaka Multi-Barrel Rocket Launchers BrahMos Cruise Missiles Howitzers and other modern artillery India's military isn't just about numbers—it's also backed by strong technology, manufacturing, and strategic positioning. In short, while both countries have powerful armies, India's military is larger, more advanced, and better equipped across all three forces—Army, Navy, and Air Force. If a war were ever to occur, it's widely believed that Pakistan wouldn't be able to hold out for long against India's full-scale military capabilities.
Zawya
14-04-2025
- Business
- Zawya
India poised for one million startups by 2035: Nandan Nilekani at Carnegie Global Tech Summit
New Delhi: Infosys co-founder Nandan Nilekani has outlined a bold vision for India's startup future, stating that the country is poised to have one million startups by 2035, a remarkable leap from just 2,000 in 2015. Speaking at the Carnegie Global Tech Summit, Nandan Nilekani, who is founding Chairman of UIDAI (Aadhaar), said implementing AI at scale in India is built on an existing foundation of digital transformation that has happened for a decade. "All startups have been solving some problems over the years. The important thing is that we have a million of them. In 2015, we had about 2,000 startups. Today, we have 150,000 (will) have a million startups in 2035," he said. "They create a successful company. They go for IPO. All those guys have some options. Suddenly, one startup negates 100 more that cycle is now in full play. Which problems they will will solve problems in climate, in energy, in space," he added. He explained the powerful momentum behind India's entrepreneurial surge, crediting a "virtuous cycle" that fuels continuous innovation. "India's space story is a fabulous public narrative," he noted, pointing to the increasing role of private innovation in historically state-led sectors. He also outlined the growth of India's digital public infrastructure. "April 4th, 2016, Aadhaar reached 1 billion people. April 11th, 2016, UPI was launched. September 2, 2016, architecture was re-founded and was launched with RBI, which is the basis of democratic data. September 6th, 2016, Reliance Jio was launched, which changed the mobile business. November 8th, 2016, currency was withdrawn, also known as demonetization. And December 30th, 2016, Bhim app was launched." He stressed that these events were not spontaneous but a result of years of silent preparation. "But for this to happen, things had to have happened before. It's not like one morning we got up and all this happened. It was all developing over the previous few years. So I think the message is that you have to have the patience to build the basic foundation. It will take years. But if you do it well, then events will happen. So I think there's hope for everyone. And this time we can do it much faster. Because we know what we are doing." He said AI can help bring dynamic contextual information at fingertips. "When we look at implementing AI at scale in India, it's built on an exisiting foundation of digital transformation that has happened for a decade. With the current thing we have, the predominant languages of the phone are English and Hindi, the user interfaces are touchscreen and you have static knowledge available. Even with that, we have reached more than 500 million users. Today, WhatsApp in India has more than 600 million users, PhonePay has about 350-400 million users, UPI has 400 million users," he said. "As penetration of phones goes up and we reach a billion phones, what is going to take a billion people to use this? First, language will move from just Hindi and English to every major Indian language and that will make it much more the UI from keyboard and touch will go to voice and because of generative AI and reasoning capability if AI, you will go from static knowledge to dynamic contextual information that is at your fingertips," he added. He talked about the challenge of implementing AI in the public sector. "The most difficult is actually implementing AI in the public sector because public sector has structural constraints, it has ministries, departments, everybody is territorial so data is not shared. If data is the lifeblood of AI, we have to find a way to bring all AI together, irrespective of which part of the Government it comes from. So, public sector is the most difficult. Also because public trust is so important, ethical concerns are also important," he said. © Muscat Media Group Provided by SyndiGate Media Inc. (
