A naukri.com initiative

Here’s what’s trending

HinduBusinessLine

Image Credit: HinduBusinessLine

FM to meet heads of public sector banks on June 27 for annual review

Finance Minister to hold annual review meeting with heads of public sector banks on June 27.
The meeting follows the recent RBI policy rate cut of 50 basis points and reduction in cash reserve ratio.
The meeting will focus on reviewing financial performance, setting targets, and increasing lending to boost economic growth.
Discussions may include progress on government schemes like Kisan Credit Card, PM Mudra, and social security schemes.
Public sector banks reported a record cumulative profit of ₹1.78 lakh crore in FY25.
State Bank of India contributed over 40% of the total earnings with a net profit of ₹70,901 crore in FY25.
Punjab National Bank saw the highest net profit growth of 102%, followed by Punjab & Sind Bank at 71%.
All 12 public sector banks experienced profit increases during the fiscal year.
The meeting aims to discuss various segments and schemes to further enhance the banking sector's performance.

Read Full Article

4k reads

BigShyft: Premium Tech Jobs

Get the best jobs with no extra effort

Exclusive club for India’s top techies

Dedicated Talent Advisor for assistance

Analyticsindiamag

When Google Cloud Paused the Internet

Google Cloud Platform (GCP) experienced downtime affecting various services globally, including Spotify, Discord, Snapchat, and Google's own products like Meet and Gmail.
Companies like Replit and Anthropic faced issues due to GCP outage, impacting their services and AI models.
GitHub reported degraded performance for AI models, including Claude and Google Gemini, during the outage.
Cloudflare, a major internet security provider, heavily impacted by GCP's outage, with services like Workers KV seeing significant request failures.
Cloudflare acknowledged their reliance on Google Cloud services, affecting various Cloudflare products like Access, Gateway, and the WARP client.
Reports of AWS and Azure outages were a misunderstanding, as only GCP's downtime was officially confirmed.
The incident highlighted the risks of relying on a single cloud service provider, affecting a wide array of internet services and applications worldwide.

Read Full Article

686 reads

Blockonomi

XRP Holds Above $2 Amid Market Volatility as Ripple Analyst Forecasts $27 Bull Case

XRP trades at $2.15 despite a 4% dip, showing resilience amid broad market turbulence.
Trading volume surged 47%, signaling strong market activity during price correction.
Analyst EGRAG CRYPTO forecasts a $27 XRP target if dominance reaches 27% of market cap.
Technical indicators suggest short-term caution, though long-term sentiment remains divided.

Read Full Article

406 reads

Medium

The Customer-Driven Product Management Tool That’s Winning Hearts (and Roadmaps)

Productboard has successfully built a $4.5-rated platform by prioritizing customer feedback in product decisions.
The platform stands out in the product management tools market by addressing the challenge of capturing, analyzing, and acting on customer feedback at scale.
Over 3,500 organizations worldwide use Productboard, showcasing the effectiveness of customer-driven product management as a competitive advantage.
Product teams face difficulties in organizing and prioritizing feedback from various sources like support chats, forums, emails, sales conversations, and user interviews.
Productboard's focus on systematizing and scaling customer feedback highlights its ability to turn it into a strategic advantage.

Read Full Article

491 reads

Insider

Ian Buck built Nvidia's secret weapon. He may spend the rest of his career defending it.

Ian Buck is a key figure behind Nvidia's technological advancements and market success, particularly through his work on CUDA, the company's crucial software platform.
Buck's contributions to Nvidia's history and future are significant, shaping how the company maintains its competitive edge in the market with CUDA.
CUDA, initially started with two libraries by Buck, has evolved to include over 900 libraries supporting various industries using Nvidia technology.
Ian Buck's early focus on graphics and later transition into AI computing showcased his dedication to pushing the boundaries of GPU capabilities for wider applications.
Buck, along with a small team, developed CUDA as a framework to enable parallel computing, propelling Nvidia to a dominant position in AI computing.
Nvidia's culture of directness and intensity aligns well with Buck's results-oriented approach, emphasizing practical outcomes over theoretical pursuits.
CUDA's widespread adoption across industries has solidified Nvidia's position, although increasing competition poses challenges for maintaining market dominance.
Buck's role in predicting and addressing the future needs of AI researchers is crucial as Nvidia navigates the rapidly evolving landscape of AI applications and technologies.
Maintaining dominance in AI computing requires talent and strategic innovation, areas where Buck's expertise and leadership play a vital role at Nvidia.
While speculation about Nvidia's future leadership arises, Ian Buck remains a key collaborator for CEO Jensen Huang, contributing significantly to the company's technical advancements.

Read Full Article

669 reads

Insider

Gen Z shoppers are loving Google right now. That could be bad news for Amazon.

New data shows that Google is increasingly popular among Gen Z shoppers, potentially impacting Amazon's market share.
16- to 24-year-olds are turning to Google more for their online shopping journey, affecting Amazon's position.
30% of Gen Z shoppers who know what they want to buy went to Google first, up from 21% in September 2024.
Amazon's share has declined from 41% to 34% among Gen Z shoppers from September to March.
Morgan Stanley's analysts speculate Google's generative AI tools may influence younger users' preference for Google.
Google has seen higher engagement with AI Overviews from users ages 18 to 24, contributing to increased commercial queries on Google Search.
Google's Lens feature has experienced a 10% growth in the number of people shopping using it.
Google is making efforts to stay relevant to younger users due to concerns of becoming 'Grandpa Google.'
Despite growing ChatGPT adoption, Google's generative AI features may help retain users in online shopping.

Read Full Article

715 reads

TronWeekly

Image Credit: TronWeekly

Bitcoin’s Next Big Move: September 2025 or March 2026 for the Next Cycle Top?

Bitcoin's price cycles are analyzed based on past all-time highs (ATH) and the 200-week simple moving average (SMA), with projections for potential cycle tops in September 2025 and March 2026.
Predicting Bitcoin's price cycles remains risky due to the cryptocurrency market's volatility, making such projections uncertain for investors.
A theory by Egrag Crypto suggests that the convergence of past ATH and the 200-week SMA can indicate cycle tops, with Cycle C displaying market unpredictability.
The 200-week SMA is considered a significant trend signal for Bitcoin, often coinciding with cycle highs, but projections for future cycle tops are speculative.
Projected cycle tops for Bitcoin in September 2025 and March 2026 are based on the convergence of the 200-week SMA with BTC's price action, but these projections come with uncertainty and risks.
Despite a bullish sentiment for Bitcoin's price behavior favoring sustained growth, short-term market shifts remain unpredictable, requiring caution for investors.
The analysis suggests positive long-term prospects for Bitcoin, albeit warning about potential market fluctuations in the short term.
More Crypto Online signals bullish trends for Bitcoin, emphasizing market unpredictability in the short term despite overall positive momentum.
The cryptocurrency market's support and resistance levels can change rapidly, influencing short-term price movements for Bitcoin and other digital assets.
The forecasted price changes for 2025-2026 aim to provide insights into potential market shifts, yet the future of Bitcoin's price remains unpredictable.
Crypto Momentum Builds: 23% of Altcoins Now Outperforming Bitcoin
Bitcoin's future price cycles are under scrutiny, with projections for cycle tops in 2025 and 2026, emphasizing the market's unpredictability amidst bullish trends.
Analysis suggests using past ATH and the 200-week SMA to gauge Bitcoin's price cycles, but uncertainty and risks persist due to market volatility.
Investors should remain cautious regarding short-term market fluctuations, as forecasted cycle tops for BTC may face uncertainties given the unpredictable nature of the cryptocurrency market.
More Crypto Online highlights a positive outlook for Bitcoin's price behavior but warns about potential short-term market movements and advises prudent investment strategies.
Projected cycle tops in September 2025 and March 2026 for Bitcoin's price cycles offer insights into potential market dynamics, yet market uncertainty poses risks for investors.

Read Full Article

416 reads

Forbes

Money Market Interest Rates Today: June 13, 2025 – Rates At 4.89%

The highest money market rate today is 4.89%, exceeding the national average of 0.53% according to Curinos.
Money market accounts (MMAs) are interest-bearing deposit accounts offered by banks and credit unions where deposits earn interest. They allow withdrawals but may have transaction limitations.
MMAs typically offer higher interest rates compared to savings accounts and may provide debit cards or check-writing privileges for easier cash access. They often require higher deposits and balances.
MMAs at banks are insured by the FDIC, while those at credit unions are insured by the NCUA, up to $250,000 per account type in the event of bank failure.
Prior to opening a money market account, compare options across different financial institutions, considering rates, requirements, fees, and withdrawal limits to find a suitable account.
Applications for MMAs can usually be submitted online or in-branch, requiring basic information such as name, address, Social Security number, employment details, and income, along with a government-issued ID.
Money market accounts combine features of both savings and checking accounts, offering interest accumulation akin to savings accounts and some transaction capabilities like checking accounts.

Read Full Article

706 reads

101Blockchains

Introducing 101 Crypto: Your One-Stop Destination for Everything Bitcoin, Blockchain & Beyond

101 Crypto is an emerging platform providing comprehensive information on Bitcoin, blockchain, and cryptocurrencies, tailored for beginners and professionals.
With a special emphasis on education, 101 Crypto aims to transform complex concepts into concise articles for easy understanding.
The platform covers topics beyond Bitcoin, such as DeFi, NFTs, DAOs, and web3, offering a wide range of educational resources.
101 Crypto offers a productive learning experience through structured blogs, real-world case studies, and supporting resources like free courses and eBooks.
It provides insights on the latest trends in the crypto industry, making it a valuable source for staying informed about market developments.
The platform caters to curious beginners, tech enthusiasts, aspiring traders and investors, as well as professionals looking to understand and engage with cryptocurrencies.
From foundational crypto knowledge to specialized insights on DeFi, NFTs, and web3, 101 Crypto ensures a holistic understanding of the crypto landscape.
Overall, 101 Crypto by 101 Blockchains is a reliable destination for individuals seeking to enhance their crypto skills and stay updated with the latest industry trends.

Read Full Article

474 reads

Startup Story

Spinny Raises $30M from WestBridge Capital in Extended Series F Round

Spinny, a used car marketplace, secures $30 million from WestBridge Capital in an extended Series F round, bringing the total raised to approximately $170 million.
The funding includes primary investment, secondary transactions, and an ESOP buyback at a valuation reportedly between $1.5 billion and $1.7 billion.
Plans include establishing an NBFC for in-house financing solutions, expanding its media arm, and enhancing core B2C and B2B operations.
Spinny acquired Autocar India and related automotive titles to bolster its media presence and brand ecosystem.
The company aims to innovate its products, services, and customer journey integration fueled by the capital infusion.
Financially, Spinny reported a 14% YoY revenue growth in FY24, with total income reaching Rs 3,725 crore and narrowing its losses by 28% YoY.
Founded in 2015, Spinny is recognized for its quality certification, warranty programs, and customer experience in India's used car market.
Backed by Sachin Tendulkar, Spinny targets growth in India's automotive commerce sector, integrating sales, financing, and brand engagement strategies.

Read Full Article

524 reads

HRKatha

NDMC rolls out major employee-welfare measures

The New Delhi Municipal Council (NDMC) has approved employee-welfare measures in a bid to support current and former municipal staff and their families.
The initiatives include a one-time policy relaxation for regularizing municipal quarters for spouses or wards of retired or deceased employees, with penalties being waived.
NDMC will also withdraw legal proceedings for housing issues in cases where court cases are ongoing, offering relief to affected families.
Key allowances for medical staff, like Hospital Patient Care Allowances and Conveyance Allowances, were approved to support frontline healthcare workers.
Amendments to Recruitment Rules covering over 1,000 posts were passed, aiming to strengthen senior management by merging deputy director roles.
The development package worth Rs 135 crore reflects NDMC's focus on infrastructure growth and the well-being of its workforce.

Read Full Article

654 reads

Dynamicbusiness

Adobe unveils Express for Ads, targeting small business advertisers

Adobe has launched Adobe Express for Ads to simplify ad creation for small businesses and marketers, integrating with major ad platforms.
The service provides an end-to-end creative workflow within the Adobe Express ecosystem, aimed at streamlining ad design and performance tracking.
A key feature is the 'social safe zone' tech ensuring ads engage effectively across different formats, with AI-powered tools for video creation.
Adobe Express combines legacy tools like Photoshop with drag-and-drop interfaces and templates, aiming to enhance advertising ROI through creative quality.
Custom Brand Kits enable consistent branding, and the platform offers tailored workflows for Google, LinkedIn, TikTok, and upcoming Amazon ads.
Integrations with Metricool and Bitly allow users to analyze content performance across various platforms and support data-driven campaign updates.

Read Full Article

534 reads

Tech Radar

NHS recruitment firm had major security bugs which could have exposed entire systems

A cyberattack on NHS Professionals, a private company owned by the Department of Health and Social Care, resulted in the theft of its Active Directory data in May 2024.
The breach was not publicly disclosed, and attackers used a compromised Citrix account to gain initial access.
Attackers stole a valuable ntds.dit file and moved laterally in the network using RDP and SMB share access.
It's unclear how the attackers escalated their privileges up to the domain admin level.
NHS Professionals provides temporary staff to NHS trusts and has over 190,000 healthcare professionals registered.
The cyberattack is suspected to be linked to Scattered Spider and may have been an attempted ransomware attack.
A lack of multi-factor authentication on domain accounts was a primary reason for the security breach.
The organisation also lacked endpoint detection and response solutions, allowing attackers to move undetected.
NHS Professionals confirmed no disruption to services and no compromised data or information.
The company worked with NHS England, the Department of Health and Social Care, and the Information Commissioner's Office to investigate the cyberattack.
NHS Professionals emphasized commitment to high cybersecurity standards and compliance with information governance requirements.

Read Full Article

600 reads

Coindoo

Image Credit: Coindoo

Israel-Iran War Tensions Shake Crypto Markets, Bitcoin Takes a Hit

Escalating conflict between Israel and Iran led to sharp losses in digital assets like Bitcoin.
Israeli airstrikes targeted Iran's nuclear and ballistic missile facilities, triggering a downturn in the market.
Iran issued strong warnings of retaliation, raising fears of prolonged regional instability.
Bitcoin fell from $107,750 to around $105,000 amidst the geopolitical tensions.
Investors shifted to traditional safe havens like oil and gold, causing equity indices and cryptocurrencies to tumble.
BTC price at the time of writing: $104,940 with a 24h volume of $70.92B.
Market cap: $2.08T, showing increased volatility in the market.
Bitcoin's sensitivity to geopolitical shocks could keep crypto markets under pressure until a clearer resolution emerges.

Read Full Article

617 reads

Bloomberg Quint

Rupee Closes Weaker For Second Consecutive Session As Iran-Israel Tensions Mount

The Indian rupee closed 49 paise weaker at 86.09 against the US dollar on Friday amidst global and domestic economic influences.
The rupee opened at 86.15 against the US dollar, the lowest level since April 11.
Geopolitical tensions and rising crude oil prices contributed to the rupee's decline, despite some support from RBI interventions.
Israeli attacks on Iranian sites, leading to heightened tensions and Iran's vows of retaliation, also impacted market sentiments.
US dollar weakened to 98.08 on Friday amid the Israel-Iran conflict.
Oil and gold prices surged as a result of the tensions, with WTI crude rising over 8% above $75 and gold reaching five-month highs.
Risk assets are sensitive to evolving Fed expectations and geopolitical developments, with consumer sentiment data and Middle East events influencing market direction.
Crude prices have fluctuated due to various factors, including trade conflicts and OPEC+ decisions.

Read Full Article

693 reads

For uninterrupted reading, download the app