Information Financial News

IRDAI (Insurance Regulatory and Development Authority of India) has instructed insurers — via a circular on Oct 30 — to release a revised customer information sheet (CIS). This is aimed to ensure that the customers understand the basic features with regards to policy in simple words. The customer information sheet is meant to be provided to all policyholders by insurers including both life insurance providers and health insuranceproviders, ordered the regulator.

As anticipation mounts for the upcoming Bemetara Constituency Election in Chhattisgarh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Bemetara Constituency Assembly Election 2023 that every voter should be aware of.

Mahua Moitra, Aam Aadmi Party (AAP) MP Raghav Chadha, Congress MP Shashi Tharoor, and two journalists on Tuesday claimed that they received an alert on their iPhones, Apple IDs purportedly alerting them against ‘state-sponsored’ attacks or hackers who were trying to gain access to the leaders' sensitive information, and access to the microphone and camera on their respective devices. According to the screengrabs shared by the politicians, and journalists who received the alert message on their iPhones, the email header read, “ALERT: State-sponsored attackers may be targeting your iPhone".

fintech platforms. So, how can one determine if a fintech app is trustworthy and genuine? Experts say that it is vital to first do your own research, check the company’s past credentials, and examine the security measures it has deployed to ensure safety and security. “The apps need to be intuitive, clean and simple giving a seamless experience especially to first time users.

potential bid to hack their iPhones, said Union Minister for Electronics and IT Ashwini Vaishnaw, while addressing the press on October 31. "The government is concerned about this issue and it will get to the bottom of it.

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Apple phones regarding a possible 'state-sponsored' hacking attack. However, the government has claimed that it is very serious about the issue and that it has issued an ordered probe into the matter. «We are serious about these allegations and we want the complainants to go through the investigation,» IT Minister Ashwini Vaishnav said at a briefing. He said that the complaints require deep technical understanding and certain agencies will be involved in the investigation. Furthermore, Vaishnaw claimed that the Opposition leaders cannot digest India's progress under Prime Minister Narendra Modi and are indulging in compulsive critique. «There are many compulsive critics in our country. Their only job is to criticise the government,» he said. «From the mail sent by from Apple, it can be understood that they have no clear information, they have sent alerts on the basis of an estimate. This is vague. Apple has released a clarification that the allegations by compulsive critics are not true. Such advisories have been sent to people in 150 countries. The people who cannot see the growth of the country are doing destructive politics,» Vaishnaw added. Earlier in the day, prominent Opposition leaders part of the INDIA bloc took to social media claiming they got a message from Apple Inc saying their phones are likely being targeted by 'state-sponsored' attackers.

Goa police have recently exposed a major criminal operation involving the filing of false rape cases across the country. As per a TOI report, the investigation, led by the special crime branch team under the supervision of Deputy Inspector General (DIG) Aslam Khan, has resulted in the arrest of Harish, an alleged pimp from Gujarat. This is the fourth arrest made in connection with the ongoing probe. DIG Khan has stated that this case involves a significant inter-state racket.

National Pension System (NPS) fund withdrawals. 1)PFRDA has provided the facility of Systematic Lump Sum Withdrawal (SLW) for NPS subscribers. “…it is proposed to provide the option of phased withdrawal of the lump sum through Systematic Lump Sum Withdrawal (SLW) facility," the PFRDA said in its circular dated 27 October 2023.

Pixel Fold and Pixel Tablet - also faced the same problems. According to a report by ars Technica, the problem seemed to affect users of the 'multiple profiles' feature. The issue is so bad that it renders the smartphones 'unusable' by locking them out of their device storage, making the experience similar to being hit by 'ransomware'.

Thailand has announced the temporary removal of visa requirements for travellers from India and Taiwan starting next month and continuing until May 2024. As reported by Reuters, this decision follows a previous move in September to eliminate visa requirements for Chinese tourists, who were a significant source of visitors before the pandemic, accounting for 11 million out of the record 39 million arrivals in 2019. "Arrivals from India and Taiwan can enter Thailand for 30 days," spokesperson Chai Wacharonke said.

SMS fraud. And it’s judicious that you are seeking the right kind of advice so that you are never faced with any such instance again. I understand that a lot of our customers often rely on text messages from insurers to remind them of their renewal payments, hence it is critical that you are certain about the authenticity of these messages before you click on any link.

exposed on the dark web. 2. The leaked information includes names, phone numbers, addresses, Aadhaar, and passport details of Aadhaar registered users, which are available for sale online.

Engineers India (EIL) as its 'high conviction idea' on the back of a healthy order book, strong revenue visibility, and robust financials. The brokerage has a ‘buy’ call on the stock with a target price of ₹160 for a time duration of 6 months. This implies an upside of over 26 percent from its current market price of ₹126.75 (as of October 30).

China's state-backed chip investment fund has invested 14.56 billion yuan ($1.99 billion) in a memory chip company called Changxin Xinqiao, records showed. The deal saw China Integrated Circuit Industry Investment Fund, also known as the «Big Fund», contribute to 33.15% of the total registered capital of Changxin Xinqiao, according to an update dated Oct. 26 to the company's registration information on the National Enterprise Credit Information Publicity System. According to company registration website Qichacha, Changxin Xinqiao was founded in 2021 in Hefei city, in the eastern Anhui province. Its general manager is Zhao Lun, who is also the chairman and general manager of Changxin Memory Technology, which is one of China's leading memory chip companies. Changxin Xinqiao and the Big Fund did not immediately respond to Reuters' requests for comment. The Big Fund's latest investment comes after it invested 13 billion yuan into Yangtze Memory Technologies (YMTC) earlier this year, marking one of its largest investments in recent years. YMTC, China's only player in the global NAND memory market, has been aggressively expanding production capacity and R&D with the help of state subsidies.

Andhra Pradesh High Court on Tuesday granted interim bail for a period of four weeks to TDP chief N Chandrababu Naidu in the AP Skill Development Corporation case. The court granted bail to the former Chief Minister on health grounds.

Meghalaya High Court asked the state government and the Airports Authority of India (AAI) to complete the inspection of Shillong Airport for extending the runway within the next couple of months. A bench comprising Chief Justice Sanjib Banerjee and Justice B Bhattacharjee on Monday while hearing a PIL said AAI has informed that a cost estimate for carrying out the feasibility of extending the runway at the Shillong Airport at Umroi town has been submitted to the state and the state is yet to respond. «It is hoped that the AAI and the state work out the modalities and complete the necessary inspection within the next couple of months,» the bench said while directing that the matter will appear after 10 weeks. On October 15, Minister in-charge Transport Sniawbhalang Dhar had informed that the state government is waiting for the feasibility report on whether bigger aircraft can operate from Umroi Airport. «The new consultants have requested us to give them two months (to submit the feasibility report). When they submit the report only then we can take a call,» he had said. Dhar had also said that the government wanted to make the present airport eligible for big aircraft. On August 10, the AAI had informed the Court that a survey would be conducted at the Umroi Airport to ascertain the feasibility of wider-bodied aircraft to operate from the airport.

«Middle line fit for train operations at 11.29 PM, last night after track and overhead equipment works. The first train on the middle line passed the affected area at 0055hrs (12.55a.m) last night.» stated the railway release. Earlier, the first coaching train passed in Upline at 1436hrs (02.36 pm) and in Down Line, the first goods train passed at 14:25hrs (02.25 pm), yesterday.

We at ET Markets have always remained at the cutting edge of all new investment opportunities and explore them to guide and help our readers profit from it. With the introduction of ETMarkets Crypto Corner, presented in collaboration with Mudrex, we are embarking on a journey to uncover the complexities of this technology-driven investment landscape and shed light on the potential risks involved. Our mission is to carefully document every aspect of the cryptocurrency journey, promoting awareness while providing essential guidance on the regulatory landscape and upcoming norms. «As India experiences a surge in cryptocurrency adoption, accompanied by emerging regulatory guidelines, our commitment is to bridge the knowledge gap. Being the leading player in the market, Mudrex envisions creating a comprehensive resource that serves crypto investors and enthusiasts. Collaborating with ETMarkets is a crucial step towards empowering all investors to build confidence in the asset class and make informed decisions,» said Edul Patel, CEO and Co-founder of Mudrex. Alankar Saxena, CTO and Co-founder of Mudrex, said, «In the dynamic world of cryptocurrencies, Mudrex is committed to equipping investors with invaluable financial insights and user-friendly technology. Thus breaking down barriers and ensuring accessibility for all. Our collaboration with ETMarkets aligns with this mission. Together, we are dedicated to shaping a future where everyone can confidently navigate the crypto landscape and make the right investing choices with ease.»

Dividend stocks 2023: Shares of Tips Industries, Dr Agarwals Eye, Balkrishna Indusries, Elecon Enggineering, Sasken Tech and Styrenix will be in focus when stock market opens today. The board of directors of these companies have declared dividend for its eligible shareholders. Tips Industries has declared an interim dividend of ₹2 per share, Balkrishna Industries board has declared ₹4 per share interim dividend, Elecon Engineering has declared Re 1 per share interim dividend, Sasken Technologies has announced ₹12 per share interim dividend whereas Styrenix has declared ₹22 per share interim dividend.

TVS Motors: TVS Motor Company on 30 October announced its quarterly reports for September 2023 and said its net profit grew 32% at ₹537 crore for Q2 FY2023-24, as against ₹408 crore during Q2 of FY 2022-23. Apart from this, the firm's operating revenue increased by 13% at ₹8,145 crore in the September quarter of FY 2023-24, compared to ₹7,219 crore in Q2 of last year, it said in a stock regulatory filing. Marico: Marico Ltd on October 30 reported a consolidated net profit of ₹360 crore for the second quarter of fiscal year 2023-24 (Q2FY24), marking a growth of 17.3% as compared to ₹307 crore reported in the year-ago period.