Mobile Financial News

By Nitin Kumar

«We are targeting $300 billion in production and around $100 billion in exports in the next few years. The ecosystem which is developing is giving us a lot of confidence because now the component manufacturers have started shifting to our country,” Information and Technology Minister Ashwini Vaishnaw said at the ET Now Global Business Summit 2024 a few days ago.. With a huge 22% boost in electronic exports in FY24 which breached the $20 billion mark, the IT Minister believes the target of achieving $100 billion exports in the coming few years is a visible thing. Electronics exports were at $7.6 billion in 2013-14 and $22.7 billion in 2022-23, as per the White Paper issued by the government.

Infosys has signed a multi-year contract with Singaporean shipping company Pacific International Lines (PIL) to accelerate PIL’s digital transformation initiative and help revamp PIL’s existing customer portal and deploy a scalable and modern technology platform. “This will enable PIL to further their ‘Driving Connectivity’ mission, which is aimed at connecting their businesses across the markets that they serve. In addition, PIL's web and mobile applications will undergo a comprehensive overhaul to simplify user experience and enhance customer engagement,” Infosys said in a statement on the exchange.

Google recently announced a number of upgrades to its generative AI-based chatbot, including changing its name from Bard to Gemini, releasing a new Android app and unveiling a new Ultra 1.0 language model. Shortly after the announcement, however, Google issued a stern warning to all Gemini users, asking them not to share any confidential information with the chatbot.

CTET Result 2024 Live Updates: The Central Board of Secondary Education (CBSE) is set to declare the results of the Central Teacher Eligibility Test (CTET) January 2024 examination on ctet.nic.in. Candidates can access their results using their application number and date of birth. The 18th CTET examination took place on January 21, with 3,418 exam centres, and the provisional answer key has already been published.

Delhi Chalo' protest march, authorities have heightened security measures at the city's border areas by deploying multiple layers of barricades, concrete barriers, iron spikes, and container walls. Farmers from Punjab, Haryana, and Uttar Pradesh, with over 200 unions heading, are marching towards Delhi on Tuesday.

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion

Tata Motors has announced that it is reducing the price of its Nexon and Tiago EV by up to ₹1,20,000. The price reduction is largely due to a slight fall in the prices of battery cells used in the manufacturing of these cars. Moreover, while Tata has announced a price cut for Nexon and Tiago EV, the prices of the recently launched Punch EV have remained unchanged.

Tata Motors announced a price cut of up to Rs 1.2 lakh on various electric vehicle (EV) models as it intends to pass on the benefits of battery price reduction to the customers. Tata Motors' top-selling Nexon.ev now starts at Rs 14.5 lakh, down from Rs 14.7 previously. while Tiago will now be sold starting at Rs 7.99 lakh, news agency Reuters quoted the company as saying. Prices of Tiago have been slashed by Rs 70,000. However, the prices of the the recently launched Punch.EV remain unchanged.

Shale producer Diamondback Energy said on Monday it would buy the largest privately held oil and gas producer in the Permian Basin, Endeavor Energy Partners, in a cash-and-stock deal valued at about $26 billion, including debt. The combined company would be the third largest oil and gas producer in the region behind Exxon and Chevron, with the latter also having announced recent deals.

manufacturing sector whose share in India's GVA continues to languish at about 17.4% which is less even than the share of agriculture. The government's persistent efforts to invigorate this crucial segment have led to the introduction of various initiatives, and at the forefront is the Production Linked Incentives (PLI) scheme under the flagship Atmanirbhar Bharat Abhiyaan. The PLI scheme, conceived with the aim of overhauling domestic manufacturing, seeks to amplify capacity and competence and create global champions.

After years spent challenging Canada’s Big Three telecom firms, the founder of Freedom Mobile is now bringing his playbook to what he calls the country’s banking “oligopoly.”

headphones from the house of Sony. Whether you’re looking for wireless earbuds, wireless headphones, or wired earphones, there’s something for every need across an expansive range of budgets. Make your partner smile this Valentine’s Day with our top picks of Sony earphones and headphones tailored to meet your every need and preference.

Delhi High Court on Monday refused to entertain a public interest litigation alleging violation of people's right to privacy by Truecaller, a leading global caller ID platform. A bench headed by Acting Chief Justice Manmohan orally said it will dismiss the petition by Ajay Shukla, noting that the issue raised by him had been brought up before the Supreme Court through another plea which was withdrawn without the apex court granting him any liberty to approach the high court. «You can't re-litigate. This will amount to abuse of process of law. Dismissed as withdrawn means you can't re-litigate,» the bench, also comprising Justice Manmeet PS Arora, said. «Nothing has been disclosed in this petition. That's the beauty of it,» the court remarked.

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₹276 crore in FY23. While this figure may seem small in the context of the banking sector's total assets, the expanding digital landscape underscores the urgent need for durable strategies to fight cybercrime, ensuring consumer confidence and trust. In a joint effort, the Department of Telecommunications has blocked 140,000 mobile numbers involved in financial frauds, along with several lakh SIM cards.

e-SUV made its initial appearance at the Bharat Global Mobility Expo, generating anticipation among Indian consumers. Observers had also spotted the Enyaq being tested on Indian roads in December, adding to the excitement surrounding its impending launch. Leveraging Skoda's MEB platform, shared with its counterpart, the Volkswagen ID.4, the Enyaq promises a blend of cutting-edge technology and environmentally friendly transportation.

UPI in Mauritius, Sri Lanka: The Unified Payment Interface (UPI) services was launched in Sri Lanka and Mauritius, as announced by the Ministry of External Affairs on February 12 at 1 pm. India has successfully initiated its Unified Payment Interface (UPI) services in Sri Lanka and Mauritius, accompanied by the introduction of RuPay card services in Mauritius as part of a strategic endeavour.

air taxis, reminiscent of ground-based rideshare services like Uber and Ola, are set to redefine urban transportation dynamics. Speaking at the Bharat Mobility Global Expo, Kento Ogura, Assistant Manager at Suzuki Motor, revealed the company's strategic plans to TOI. The debut of the SkyDrive, featuring 12 units of motors and rotors, is slated for the 2025 Osaka Expo in Japan.

British financial technology company Revolut is launching phone plans in the U.K., the company has told CNBC exclusively, making it the first financial services firm in the country to offer telecom plans — and among the first globally.

Sovereign Gold Bonds (SGB) 2023-24 Series-IV tranche is available for subscription starting today, February 12, 2024, and will be open until February 16, 2024. SGBs are normally allocated seven days after the subscription ends, so this tranche’s issuance date is February 21, 2024. Sovereign Gold Bonds 2023-24 Series IV opens on February 12: Know the latest SGB tranche issue price Investors including individuals, HUFs, trusts, universities and charitable institutions are eligible to invest in SGBs. Individual investors with subsequent change in residential status from resident to non-resident may continue to hold SGB till early redemption/maturity.