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₹10,270 crore at the end of December quarter, higher than market estimates. Vaidyanathan also expressed confidence of seeing an improvement in the share of current and savings accounts or Casa in its overall deposits. The Casa deposit share fell to 38% in Q3 compared with 42% in the June quarter, and 44% in the December 2022 quarter.

American satellite internet company Starlink, owned by billionaire Elon Musk, has been allowed to offer satellite broadband services in India, two officials aware of the development said. The department of telecommunications (DoT) has approved the grant of a global mobile personal communication by satellite or GMPCS licence to the company. “The licence has been approved.

electronics exports grew at a record 22.24% to cross the $20 billion mark in the first nine months of FY24, propelled by booming smartphone shipments, spearheaded by Apple's iPhone. According to industry body India Cellular and Electronics Association (ICEA), mobile phone exports reached $10.5 billion during April to December 2023, comprising 52% of total electronics exports. In FY23, electronics exports stood at $23.6 billion, of which mobile phones comprised $11.1 billion or 43%. Industry data showed iPhones were the single largest contributor to the surge in both electronics and mobile exports this fiscal.

NEW DELHI : A delegation from the United Kingdom will arrive in India on 22 January to discuss remaining aspects of the free-trade agreement negotiations between the two countries, said two people aware of the matter. The fourteenth and concluding round of negotiations for a free-trade agreement between India and the UK began on 10 January in New Delhi. A majority of the issues in the proposed FTA between India and the UK are either finalised or at an advanced stage of talks, said one of the two persons mentioned above.

Apple has promised to open up its tap-and-go mobile payment system to rivals as a way to resolve an antitrust case and avoid potentially billions in fines

banking sector, contributing to a decline in shares of a competitor in recent days, Bloomberg reported. The shares of ICICI Bank closed 2.55% higher at ₹1,011 per piece on January 20, against previous close at ₹986.35 on January 19. The stock has gained nearly 1.45% in the last six months and 16.04% in the last one year.

Sachin Tendulkar had become victim of deepfakes where he had informed that his deepfake video promoting a mobile application is doing rounds on social media. Several other celebrities too have been affected by the menace of deepfakes including Rashmika Mandanna, Alia Bhatt, Kajol, Katrina Kaif, Priyanka Chopra, Ratan Tata. They have also raised their voice against deepfakes as their various fake videos went viral on social media platforms.

TMC on Saturday said its supremo Mamata Banerjee will take the final call on seat sharing with the Congress in West Bengal for the Lok Sabha polls this year and asserted that "unjustified bargaining" cannot be done by the state unit of the grand old party. Based on the 2021 assembly poll results in the state, in which the Congress in alliance with the CPI(M)-led Left Front had fared badly, the Trinamool Congress top leadership offered the grand old party two seats, out of 42 Lok Sabha constituencies in West Bengal, in the coming general elections, its spokesperson Kunal Ghosh said. «The Congress state unit cannot do unjustified bargaining on the matter,» Ghosh said.

₹10,272 crore from ₹8,312 during the same quarter last year. The bank reported a healthy jump of 10% in its core operating profit and the asset quality of the bank remained stable during the quarter ending December 2023. Earlier today, shares of ICICI Bank settled 0.92 per cent higher at ₹1,008.30 apiece on the BSE.

Madras High Court on Friday dismissed the appeals of Indian startups who challenged Google's app billing policy but has provided interim relief by asking Google not to delist the startups' mobile applications for three weeks from the Play Store. The formal order is expected to be released on Monday, sources told ET. The Madras High Court had in August 2023 dismissed petitions by the companies which included the likes of Bharat Matrimony, Shaadi.com, Unacademy as well as seeveral others against Google’s in-app billing policy.

Rabbit Inc, a Los Angeles-based AI startup, recently <a rel=«nofollow» href=«https://www.google.com/url?sa=t&rct=j&q=&esrc=» https:>unveiled its cutting-edge mobile device, the Rabbit r1, at CES 2024, marking a significant stride in the realm of mobile technology. The r1, priced at $199 and available for pre-order, is poised to redefine our interactions with digital devices through its innovative features and user-centric design​​​​.

Ram temple site, has been named Ramjanmabhoomi Path. The bank's branch office, located in the vicinity, has been beautified with ornate lampposts and canopies with claddings on the side walls while a huge banner mounted on the wall bears an imposing image of the Ram temple along with the bank's name. Near the redeveloped Ayodhya Dham railway station, another PSU bank has set up a huge hoarding that reads ''Ayodhya Nagari mey aapka swagat hai".

Budget expectations: India’s tryst with manufacturing has finally taken a leap of faith. The country’s ambition to become a $10 trillion economy by the turn of this decade is helping reinvent the real potential of its manufacturing sector.

Stock market today: Shares of the Indian Renewable Energy Dev Agency (IREDA) witnessed strong buying interest during early morning deals on Saturday. IREDA share price today opened upside at ₹141.40 on the BSE and went on to touch an intraday high of ₹145.80 per share within a few minutes of the stock market's opening bell. While climbing to this intraday high, IREDA share price touched a new lifetime high during the historic Saturday session.

Apple is prepared to open the iPhone's ability to tap-to-pay to rivals — in the EU — after coming under fire for keeping users in its own ecosystem, the European Commission and the company said on Friday. The commission, the European Union's market regulator, said it was weighing Apple's proposal, which was made after Brussels determined that the Cupertino company enjoys a dominant position in iOS mobile wallet transactions by shutting out competitors.

Assam CM calls for caste census among Muslim community, says ‘crucial for…' During the ‘caste survey’, volunteers will visit every home to collect the caste details, which will be relayed to the village secretariat system. In the village secretariat system across the state will verify the accuracy of the information collected by the volunteers and correct it, if necessary, before making the final record.

Airtel, Jio square off against Elon Musk in India's satellite broadband race "Starlink replied to the Department for Promotion of Industry & Internal Trade, and in next few days or by the end of this month, the Department of Telecommunications (DoT) may issue a Letter of Intent (LoI) to Starlink," ET Telecom quoted a source as saying. Meanwhile, a Moneycontrol report, citing sources, noted that the Department of Telecommunications (DoT) could issue a letter of intent (LoI) to Starlink as early as Wednesday.

₹2,500 crore, or ₹500 crore per year, two persons close to the development told Mint. For the same rights, the company had earlier paid ₹350 crore per year. The Board of Control for Cricket in India (BCCI), which is the organiser for the event, had invited bids in December to seek title sponsors for the event.

life, shoulders slumping, eyes drooping, with not a smile, complaining and whining. They have mastered the art of making themselves unhappy and everybody around them.

Gautam Adani summed up as he left Davos after participating in the annual World Economic Forum 2024. In a long LinkedIn post penning his experience during his stay in Davos and the interactions he had with global executives and thought leaders, Gautam Adani concluded that India's message and the actions it has taken resonate with the spirit of multilateralism and inclusiveness. The World Economic Forum's Annual Meeting took place in Davos from January 15-19, 2024. Union Ministers Hardeep Puri, Smriti Irani, and Ashwini Vaishnaw represented India in the Forum. At the 54th World Economic Forum Annual Meeting, global leaders met to rebuild trust, generate new ideas, and create partnerships to advance solutions to the challenges the world faces. «This was the Davos where my fellow countrymen in attendance would have left with their heads a little higher than usual.

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