Tokyo, Japan, June 23: transcosmos announced the opening of a new operations center, CX Square Magok (Magok Center), in Seoul, South Korea. With approximately 400 workstations, the center primarily provides contact center services. transcosmos has established a contact center in Magok, an emerging business hub in southwestern Seoul where…
Continue ReadingCentral Bank Injects INR 1.41 Lakh Crore into Financial System
Mumbai, June 23: The Reserve Bank of India (RBI) has injected ₹1.41 lakh crore into the banking system, providing a significant liquidity boost aimed at supporting financial stability and ensuring adequate funds are available across the banking sector. The liquidity infusion is expected to help banks meet growing credit demand…
Continue ReadingGujarat Takes Classrooms to Children in Salt-Pan Areas
Ahmedabad, June 23: In a significant step towards expanding access to education, the Gujarat government has converted 28 retired state transport buses into mobile classrooms for children living in the state’s salt-producing regions. The initiative, titled “School on Wheels,” is aimed at addressing the educational challenges faced by children of…
Continue ReadingIndia Well-Positioned for Growth Through Innovation: WIPO
June 23: India’s economy is being viewed with long-term optimism due to its strong focus on innovation-led growth, even as the global environment remains uncertain, according to a World Intellectual Property Organization (WIPO) economist. The economist noted that India’s expanding innovation ecosystem—supported by startups, digital infrastructure, and increasing investment in…
Continue ReadingMonsoon Covers Entire Odisha in Just 11 Days, Brings Rain and Cooler Weather
Bhubaneswar, June 23: The southwest monsoon has arrived across all parts of Odisha in a remarkably quick span of just 11 days, according to the India Meteorological Department (IMD). The monsoon began advancing into the state on June 12 and has now fully covered the region. The arrival of monsoon…
Continue ReadingAgriculture Ministry Rolls Out Plans Amid Rainfall Deficit
June 23: The Government of India has put in place contingency measures to address agricultural challenges arising from an estimated 40% rainfall deficit, according to the Agriculture Commissioner. Officials stated that despite the uneven and below-normal monsoon conditions in several regions, preparedness plans are being implemented to safeguard crop production…
Continue ReadingIndia’s Power Sector Outlook Remains Strong on Robust Demand and Policy Support
June 23: India’s power sector is expected to maintain a positive growth outlook, supported by sustained electricity demand and strong government policy backing, according to recent industry reports. The sector continues to benefit from rising consumption driven by industrial activity, urbanisation, and increasing household electricity usage. Peak power demand has…
Continue ReadingIndia Poised to Gain as Global Apparel Supply Chains Shift Away from China
June 23: India’s textile and apparel sector is expected to benefit from a growing global shift in sourcing away from China, as international buyers increasingly diversify their supply chains. Recent industry assessments indicate that China’s share in the global apparel market is gradually declining, driven by rising production costs and…
Continue ReadingQuid Marks Two Years of Redefining Credit Access with AI, Surpasses 10 Million Users
Mumbai, June 23: Quid, one of India’s leading AI-powered credit intelligence platforms, has completed two years of operations, marking an important milestone in its journey to make credit more accessible, transparent, and easier to navigate for consumers across the country. In a relatively short span, Quid has grown into one of India’s fastest-scaling…
Continue ReadingReports Claim Kunal Shah May Take Global Leadership Role at WhatsApp; Meta Allegedly Invests Nearly Dollar 1 Billion in CRED
New Delhi,June 23: Reports have suggested that CRED founder Kunal Shah may be appointed as the global head of WhatsApp, while Meta is also said to have made a significant investment of nearly $1 billion in the fintech company CRED. According to sources cited in media reports, discussions are underway…
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