According to RBI’s Bulletin for June, UPI transactions in May reached a record Rs 14.3 trillion in terms of value and 9.41 billion in volume. Unified Payments Interface (UPI) is expected to account for 90% of retail digital transactions volume in the next five years.

In just four hours of its launch, the social media platform has recorded over five million signups, Zuckerberg announced on Thursday.

During this year’s festive season sales, credit cards and credit-based payment instruments like pay-later products saw a significant increase, according to industry reports. Transactions rose by 35-50% compared to last year, with a large share being made through credit cards, EMIs, and pay-later options. Unified Payments Interface (UPI) remained the dominant payment method, with a 34% rise in transactions and over 500 million daily payments recorded.

Ramen noodles are supplanting the once popular cigarettes as a form of currency among state prisoners, but not in response to bans on tobacco products within prison systems, finds a new study.

read more

In today's computer chips, memory management is based on what computer scientists call the principle of locality: If a program needs a chunk of data stored at some memory location, it probably needs the neighboring chunks as well.

read more

Let us explore the limitations of traditional AD and PIM solutions, and why identity governance is essential.

"Multiple vulnerabilities have been reported in Microsoft Edge (chromium-based) which could allow the remote attacker to cause a denial of service condition, remote code execution, sensitive information disclosure and security restriction bypass on the targeted system," said the CERT-In advisory.

The Agra Police Commissionerate launched the Commissionerate Courts Monitoring System (CCMS) to enhance transparency and efficiency in judicial processes. The digital portal, developed under Commissioner J Ravinder Goud's supervision, provides real-time access to case information for citizens and police officers, aiming to streamline and digitize court case management.

The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company. NEA, NVIDIA, Databricks, and Bessemer Venture Partners also participated in the round.

Midcap companies in India are shifting away from hiring large numbers of freshers in the technology services sector, focusing on experienced and readily deployable talent from larger rivals for niche and emerging technologies.

Commerce Secretary Sunil Barthwal stressed how India's growth rate is nearly double that of other emerging market economies. He was speaking at an event in Singapore organized by the commerce ministry to showcase various investment opportunities in India.

Cloud major looking to export ‘great ideas’ from here, says Gaurav Arora, director and head of startup business in Asia Pacific and Japan at AWS.

People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.

Over the holiday, I was playing with two of my nieces when one asked the other an age-old question, "If you were trapped on a desert island, and you could only eat one thing for the rest of your life, what would it be?"

With optimized metal detection sensitivity and high hygiene standards, the updated detector protects productivity whilst providing consumers with safe, uncontaminated products.

New series provides single-machine in-line inspection and quality control through a broad array of combinable technologies.

Carl's Jr. and Hardee's are introducing their brand-new Hand-Breaded Chicken Sandwich platform, reimagining their famous Hand-Breaded Chicken Tenders into new craveable builds available to fans nationwide morning, noon and night.

Circle K partners with Warner Bros., Legendary Pictures to bring Godzilla x Kong: The New Empire to life.

This year's IFT show was very different because of the coronavirus pandemic: it was virtual-only, and was renamed SHIFT20. All events took place online, from July 12-15.

After reaching out to all customers supplied with impacted chocolate products, Barry Callebaut can confirm, based on its internal investigation, that no affected chocolate products by the Salmonella-positive production lot in Wieze, Belgium, entered the retail food chain.

The Desserts By Us cookie brand has its roots in the founder’s favorite childhood desserts.

The new Alveolab is the first Alveograph instrument able to analyze whole wheat doughs for all rheological characteristics: tenacity, extensibility, elasticity, and baking strength.

Held in Las Vegas every three years, the International Bakery Industry Exposition (IBIE) gathers the baking community to fuel the next generation of bakers, promote economic growth, and educate and advance the future of baking together.

How to best handle supply chain shortages.

With the theme “SNAX to the MAX,” SNAXPO23 welcomed thousands of attendees to check out the latest supplier innovations, talk technology, taste interesting flavor innovations, and more. 

Sriracha and bacon have been flavor stars for the past two years, appearing in and on a host of foods. Around the same time, natural blues and greens arrived on the scene, giving snack producers and bakers even more color options. 

Consolidated Packaging Group (CPG) has introduced their new flat-bottom, stand-up pouches, which complement their extensive product line

Piab's MX suction cup can work across an array of applications such as bin picking, order fulfillment, box depalletizing, and parcel sorting.

Every facility needs a food safety plan, and that includes food safety software related to traceability. This software will come in handy whenever a company needs to trace a certain ingredient or product, due to recalls or other reasons.

A manager from Orbis weighs the benefits of opting for plastic rather than wood pallets.

Supernatural teamed up with King Arthur Baking Company and Vital Farms to launch ten brand-new kits for baking festive treats like gingerbread houses, Hanukkah sugar cookies, buttermilk doughnuts, themed sprinkle sets, and more.

The brand is introducing new flavors across categories and dayparts, including April's pancake of the month and new Sonic the Hedgehog partnership.

The brand's new multipack offerings will launch around Expo West.

Distribution expansion to Kroger and Publix more than doubles the national outlets where consumers can purchase AMC Theatres’ line of retail popcorn.

While SkinnyPop popcorn’s brand equity continues to resonate with ready-to-eat (RTE) consumers, research has shown that spicy, bold flavors are undeveloped in the RTE category compared to total salty snacks but are leading growth.

Global flavors and fragrances company inspires industry to lean into flavor trends at upcoming show in Las Vegas from October 23–27.

GNT is working to develop new plant-based, sustainable Exberry color solutions for food and drink using unique fermentation technologies.

In celebration of World Macadamia Nut Day on September 4, 2021, the Australian and South African Marquis Group donated macadamia trees for planting at local schools in the world’s biggest macadamia producing regions.

Call for collaboration comes as ofi launches sustainability commitments to improve transparency and tackle poor labor conditions in hazelnut communities.

Eriez continues to advance the design of the vibratory feeder line to evolve and meet the foodservice industry’s needs and regulatory challenges.

A recent mailing from the Almond Board of California highlights regional product innovations that prominently feature almonds—this one from Chicago, a “hub for culinary innovation with abundant opportunities for all sorts of food professionals."

Pecans can help product developers take the food and snacking industry to the next level. 

The Ritz roster of NCAA athletes will share their exclusive first taste of the new sweet heat flavored chips and announce a chance to win a trip to the 2025 NCAA Men's or Women's Final Four.

DuPont receives approval from Switzerland’s Federal Food Safety and Veterinary Office (FSVO) to market Danisco HOWARU Bifidobacterium lactis HN019 probiotic.

The purchase is intended to expand the ingredients company’s reach in Southeast Asia.

Downey's Potato Chips has upgraded its machinery with new Vanmark peeling machines.

For its latest coated honey roast nut production line, Trigon Snacks selected a customized linear Stealth metal detector with an innovative retractable conveyor reject system.
 

Bimbo QSR has selected TraceGains as its system of choice to automate supply chain operations.

The producer’s UR20 cobot reportedly keeps up with its demanding production pace.

Cookie Dough Lover’s Cheesecake with Pecans will debut on National Cheesecake Day, July 30.