RBI bets on DBUs to strengthen digital infrastructure, online banking

The Reserve Bank of India (RBI) has reportedly announced the establishment of digital banking units (DBUs) across the country. According to RBI Governor Shaktikanta Das, this move will help boost India’s digital infrastructure and banking transactions to ensure an improved customer experien

S. Africa President to meet King Charles in latter’s 1st state visit

The royal palace has recently announced that King Charles will host South Africa's President Cyril Ramaphosa at the Buckingham Palace, which will be the King’s first state visit. The President had accepted the invitation to visit the UK with wife Tshepo Motsepe from Nov

Emirates Health Services to offer 4 new health services by year-end

Emirates Health Services (EHS) has reportedly unveiled the 'Automatic Patient Transfer Service' as part of its 'Smart Nutrition Services' system, which is used in all its establishments. According to EHS, the service is the first of its type in the Middle East and is one of the four

UK trading startup Lightyear raises $25Mn for European expansion

UK-based stock-trading app, Lightyear, has reportedly raised over $25 million in a new funding round led by Silicon Valley’s venture capital firm Lightspeed Venture Partners. The investment round was also backed by Sir Richard Branson, the founder of British multinational conglomerate, Virgin

AI chipmaker Rebellions raises $22.8 million in Series A extension

South Korean AI semiconductor chip firm Rebellions has reportedly raised ₩30 billion ($22.8 million) in a Series A extension round, funded by the second-largest telecom operator in the country, KT Corporation. Earlier in June, Rebellions closed a $50 million funding that took the startup

UK: Experts call for urgent action over shortage of family doctors

Health experts in the UK have reportedly sounded an alarm over the rising shortage of family doctors or general practitioners in the country after a new estimate suggested that a quarter of posts could be left vacant within the next decade. London-based think tank, The Health Foundation, has call

WHO committee meets to discuss declaring monkeypox a global emergency

The World Health Organization (WHO) reportedly organized an emergency committee to discuss whether the rising outbreak of the monkeypox virus should be declared a global health emergency. This would signify that the outbreak is an ‘extraordinary event’ and that the monkeypox disease i

Singapore to offer USD1Bn support package due to elevated energy costs

Singapore has announced a commitment of USD 1 billion as inflation relief for households and businesses, as the energy prices increase universally faster than projected and are predicted to stay high. As per sources, Lawrence Wong, Deputy Prime Minister of Singapore has announced the support pack

Cleaner Seas Group begins funding round to tackle ocean microplastics

Green technology firm Cleaner Seas Group has reportedly launched a major investment round that will help combat the increasing issue of microplastics pollution in the earth’s oceans. The group is striving to raise £1 million ($1.1 million) via a crowdfunding campaign and private inves