Electronic Financial News

Wholesale price inflation remained in the negative territory for the fifth straight month in August at -0.52%. In July, the WPI inflation was at -1.36%. The negative rate of inflation in August this year is due to fall in prices of mineral oils, basic metals, chemical products, textiles and food products as compared to the corresponding month of previous year, according to the data by the Ministry of Commerce & Industry.

In the latest incident, a person called Inderjeet Bang claimed that the charger of his Nexon EV got damaged by a cow. He said that a cow pulled the charger, destroying it completely, while one part of it got stuck in the charging port itself. "Tata nexon ev charger damaged by cow … cow pulled the wire of the charger & the charger has been totally destroyed & one part of charger is stuck in the car charging port," he tweeted tagging Tata Motors.

Bharat Electronics Ltd. gained 1.5 per cent to Rs 137.9 in Thursday's trade as of 10:10AM (IST). The stock hit a high price of Rs 138.75 and low of Rs 136.75 during the session. The return on equity (ROE) for the stock stood at 21.53 per cent.

In general, a 16 GB pendrive is a versatile and useful storage option for anyone who need a reliable and portable way to store and transfer data. So, buy a 16 GB pendrive and say bye to storage related problems.List of the best 16 GB Pendrive

Robust demand outlook ahead of the upcoming festive season, improvement in semi-conductor supply, and declining raw material prices prompted fund managers to buy auto and auto-component stocks like Mahindra & Mahindra, Bharat Forge, Hero Motors, TVS Motors, and Samvardhana Motherson International. Fund managers also took fresh exposure to companies in the electronic manufacturing space. Analysts said global electronic manufacturing companies are diversifying their vendor base by giving orders to Indian companies.

The Japanese electronics and entertainment giant Sony will develop a blockchain network, making it the latest company from the nation to move into the Web3 space.

Consumer electronics major Havells India has witnessed some consolidation after hitting a 52-week high earlier this week, but experts are of the view that the dip can be used to accumulate the stock.The stock recorded a 1-year high of Rs 1,466 on 11 September, but failed to hold on to the momentum and corrected in line with the consolidation seen in the benchmark indices.Havells India stock hit a record high of 1503 on 18 October 2021 and has

NEW DELHI : India will introduce an import management system to permit the import of laptops, servers and other IT hardware products from trusted jurisdictions, Rajeev Chandrasekhar, minister of electronics and IT, said. Imports from non-trusted jurisdictions—read China—will be limited to a certain number of units. The framework, expected to be put in place this month, aims to exit the ‘non-sustainable’ model of relying on imports, the minister said in an interview.

C295 military transport aircraft with Air Chief Marshal VR Chaudhari terming it the beginning of a new era as 40 of the planes will be manufactured domestically, a first for the nation. The aircraft was received at Seville in Spain and has been delivered as per schedule. This is the first of 16 planes that will be manufactured in Spain and rest of the 40 will be made in India, with a final assembly line at Vadodara.

Telecom Regulatory Authority of India (Trai) is planning to float a consultation paper on some regulatory issues pertaining to over-the-top (OTT) video platforms like Netflix, Prime Video, Disney+ Hotstar, and JioCinema, people privy to the development told ET. While regulation of OTT content comes under the ambit of the Ministry of Information and Broadcasting (MIB), the carriage part comes under the Ministry of Electronics and Information Technology (MeitY).

IT hardware Production Linked Incentive (PLI) scheme, a senior government official told ET. Last month 40 proposals worth ₹5,000 crore were received by the ministry of electronics and IT under the IT Hardware PLI 2.0 scheme. All are unlikely to get a green light since the Government has a fixed budget for incentives. «Earlier, we kept an investment target of ₹2,430 crore in the scheme.

India was once home to an estimated one in four students globally graduating with a science or engineering degree. But Indians' well-known love affair with engineering courses seems to be on the wane. Ahead of Engineer’s Day this Friday, Mint looks at the falling enrolments, weak job placements, and disappointing employability rate of India’s engineering graduates.

SDNY Judge Lewis Kaplan has rejected a plea from Sam Bankman-Fried's legal team to release the FTX founder before his upcoming trial to better prepare for the legal proceedings.

Apple has officially confirmed the inclusion of a USB-C port in the upcoming iPhone 15, aligning with the European Union's regulations on cable standardization. The company's Wonderlust fall 2023 event primarily centered around the unveiling of the iPhone 15 and the latest Apple Watches. During the event, Apple also introduced a new USB-C charging case designed for the AirPods Pro 2. Notably, these upgraded earbuds are now equipped with dust resistance, boasting an IP54 rating, which is an improvement from their previous IPX4 rating. Moreover, they promise lossless audio quality when used in conjunction with the Apple Vision Pro, although this feature may have limited utility for the majority of users. Moving forward, the new USB-C charging case will come bundled with newly purchased AirPods Pro 2, as long as they are not part of the older stock. It remains unclear whether the case will be available for separate purchase for existing AirPods Pro 2 owners. During the product launch event, Apple shared its commitment to incorporating USB-C connectors not only in the iPhone 15 series but also in future versions of the AirPods Pro earphones and its wired EarPods headphones. These developments align with recent EU regulations, which were approved last year and mandate that all small and medium-sized electronic devices must adopt a standard charging cable, specifically USB-C, by the end of 2024. This initiative aims to reduce the number of cables required for various devices, ultimately benefiting consumers by reducing costs and contributing to the long-term reduction of electronic waste.

iPhone charging plug and falling in line with the rest of the tech industry by adopting a more widely used connection standard. A big part of the reason is a European Union common charging rule that's coming soon for the 27-nation bloc. Here's a look at the USB-C plug and what it means for consumers: The first part of the acronym stands for Universal Serial Bus, and it replaces earlier versions of the USB cables used on everything from printers and hard drives to computer mice and Kindle readers. The USB-C plug comes in a different shape than its predecessors — an elongated oval.

renewable energy of India and the Ministry of Energy of Saudi Arabia – MoC (Memorandum of Cooperation) between the Ministry of Communication and IT of Saudi Arabia and MEITY of India in the field of Digitization and Electronic Manufacturing – MoU between the CVC of India and the Saudi Oversight and Anti-Corruption Authority – MoC between the National Archives of India and King Abdulaziz Foundation of Saudi Arabia in the area of archival cooperation – Framework of Cooperation on Enhancing Bilateral Investment between Invest India and the Ministry of Investment of Saudi Arabia – MoU between Saudi EXIM Bank and EXIM Bank of India – MoU for Cooperation in the Technical Field & Establishment of the Small and Medium Enterprises Bank between SIDBI and SME Bank of Saudi Arabia – MoU on Seawater Desalination between National Institute of Technology of India and Saline Water Conversion Corporation of Saudi Arabia There were also more than a dozen MoUs between private companies facilitated by Invest India and the Ministry of Investment of Saudi Arabia. Additionally, both the countries plan to channel $100 billion in investments pledged by the Saudi Prince in 2019.

Bharat Electronics Limited (BEL) on Wednesday joined hands to develop an indigenous communication-based train control (i-CBTC) system, officials said. The team has commenced work at the i-CBTC lab of the Delhi Metro Rail Corporation (DMRC) and will soon develop and deploy a prototype i-CBTC product on a «designated test track» within the DMRC network, they said. With this partnership, the Delhi Metro and BEL are set to «usher in a new era of rail transportation in India», driving innovation, reducing costs, and fostering self-reliance in the field of train control signalling systems, the DMRC said in a statement. A memorandum of understanding (MoU) was signed in the presence of Vikas Kumar, Managing Director of the DMRC. «This groundbreaking partnership is aligned with the 'Make in India' initiative, championed by the Government of India under the Ministry of Housing & Urban Affairs,» the statement said.

₹2,000 crores at 7.88 percent per annum. Informing about the updates, the PSB issued a press release saying the fundraising was done through NSE’s Electronic Bidding Provider Platform.

China on Wednesday refuted media reports about the country ordering government officials to stop using foreign electronic devices. “China hasn’t issued any laws, regulations or policy documents banning purchase or use of foreign phones including Apple’s iPhones," said Mao Ning, spokeswoman at China’s foreign ministry, at a daily briefing.

EPIC Foundation, a not-for-profit organization founded by industry veterans and co-founders of HCL, Ajai Chowdhry and Arjun Malhotra, have announced the launch of two ‘Made In India’ products by signing an MOU with Karnataka Digital Economy Mission (KDEM). Their aim is to turn India into a global hub for electronic hardware product design and manufacturing while imparting education and empowerment. With a skilled young workforce, combined with partnerships and government support, the foundation believes India can emerge as a dominant player in the electronics industry, contributing significantly to a US $400 billion Electronics sector. According to a statement, as part of this initiative, the foundation has announced the launch of two products- a) LED Driver Chip, designed by a startup in Bengaluru, to replace a Chinese counterpart and b) 100% designed in India tablet with unique features such as repairability and upgradability while aligning with the principles of sustainability. Ajai Chowdhry, Chairman of EPIC Foundation and a member of the MeitY task force, said in a statement, «EPIC Foundation aims to be the interface between Industry and State Government with MEITY, Niti Aayog DST and DPIIT to address key challenges and recalibrate the policies.

In a major milestone for the electronic conveyancing market, the first property transactions have been settled using both of the competing electronic lodgment network operators, Property Exchange Australia (PEXA) and Sympli.