Mobile Financial News

NEW DELHI : The government on Monday cut the price of state-produced Bharat Atta by ₹2 a kg from ₹29.50 per kg to keep prices in check amid festival season demand. Launching the scheme, which was announced in February this year, Union consumer affairs, food and public distribution minister Piyush Goyal said on Monday that semi-government and cooperative organizations such as the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers Federation of India Ltd (NCCF) and Kendriya Bhandar will lift 250,000 tonnes of wheat at ₹21.50 per kg under the Open Market Sale Scheme (OMSS) for converting to atta.

Building a robot that’s both human-like and useful is a decades-old engineering dream inspired by popular science fiction

CRISIL Report, the company's brand 'ASK' is acknowledged as the top brand in the 2W IAM with respect to production volume for Fiscal 2023 in India. With effect from Fiscal 2022, the company has been providing commercial supplies to Indian 2W EV OEMs, including as TVS Motor Company Limited, Hero MotoCorp Limited, Ather Energy Private Limited, Greaves Electric Mobility Private Limited, Bajaj Auto Limited, and Revolt Intellicorp Private Limited.

ElectroRide by Goenka Green, a multi-brand electric vehicle retail chain has received orders from Uber and Jubilant FoodWorks to provide customised end-to-end EV mobility solutions. The mandate aims to advance clean and sustainable urban transportation with light commercial vehicles on long-term rental as well as outright purchase basis. 

electric vehicles (EVs) and hybrid electric vehicles (HEVs) in India now have the opportunity to access a tailored insurance offering designed exclusively for their vehicle batteries. Magma HDI General Insurance (Magma HDI) has introduced the ‘Battery Secure Add On’, an insurance product explicitly crafted to protect the batteries of EVs and HEVs.

It’s down to the short strokes at family-owned bus operator Ventura Group’s $1 billion auction.

PTI. On November 1, a mob attacked a Manipur Rifles camp to loot its armoury, prompting security personnel to fire several rounds in air. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! The notice further stressed the existence of "elements of imminent danger of loss of life and/or damage to public-private property...as a result of inflammatory material and false rumours which might be transmitted/ circulated to the public through social media...in the context of the recent incidents of violence in some parts of the state".

Indian auto industry, green sustainable mobility a.k.a. carbon neutrality is the new buzzword as companies go beyond electric vehicles. Passenger vehicle launches in the alternative fuel space — hybrids, CNG, electric have seen a sharp increase with traditional fuel vehicles experiencing a relative slowdown. The industry saw 24 CNG PV launches this fiscal as compared to 14 in FY 20. In the case of electric, there were 31 PV launches as compared to 7 models in FY20. Strong hybrids have also seen increased traction, with sales outpacing electric for the first time in last 2 months. Petrol model launches at 111 were lower by 21% and diesel at 54 down by 61%, according to Jato Dynamics. Even though EVs will play an important role, there seems to be a co-existence of various technologies with a substantial share of NEVs (new energy) and ICE (internal combustion engines) vehicles, say leading car makers. Maruti Suzuki senior executive director Shashank Srivastava expects 15% of the portfolio for the country's largest carmaker to be electric by 2030, with 25% strong hybrids and 60% a mix of petrol, CNG, biofuels and flexi-fuels.

Virat Kohli equalled Sachin Tendulkar's record of 49 ODI hundreds on the field, Disney+ Hotstar too broke a record-with a peak concurrent online viewership of 44 million during the India versus South Africa clash on Sunday. The ongoing ICC Men's Cricket World Cup has seen new peak concurrency records being created as official streamer Disney+ Hotstar is providing the matches for free to mobile users. The India-New Zealand match on October 22 had 43 million peak concurrent viewers, surpassing the India-Pakistan match's peak concurrency of 35 million on October 14. Disney+ Hotstar announced in June that it would provide mobile users with free access to the 2023 Asia Cup and ICC Men's Cricket World Cup after placing cricket behind a paywall for several years. The move seems to be paying rich dividends for the streaming platform, as it has been breaking its own record. Prior to the Cricket World Cup, JioCinema had set a record for peak concurrency, drawing 32 million people to the Indian Premier League (IPL) final between the Chennai Super Kings and Gujarat Titans. Media experts believe that streaming viewership is on the rise since it allows the convenience of watching matches on the go.

Bank of Baroda (BoB) management and its former chief digital officer (CDO) over the weekend around irregularities in signing up customers through its mobile banking app bob World. On 12 October, the Reserve Bank of India (RBI) barred BoB from onboarding new customers through the app until its deficiencies were rectified and processes strengthened. Chief executive officer (CEO) and managing director (MD) Debadatta Chand said on Saturday that the bank had terminated the contract of its CDO, Akhil Handa, as part of a wider action against employees both at the branch and corporate office levels.

Qualcomm (NASDAQ:QCOM) has announced its upcoming Snapdragon 8 Gen 4 chipset, set to revolutionize mobile technology in 2024. The new chip employs TSMC's N3E low-power-optimized process, which boasts higher yields than Apple (NASDAQ:AAPL)'s A17 Pro's N3B process. With a combination of a 3nm process and a self-researched architecture, the Snapdragon 8 Gen 4 promises superior CPU and GPU performance.

NEW DELHI : Green mobility solutions provider GreenLine is planning a big-ticket expansion of its two-year-old logistics services operations, investing about ₹850 crore to add 1,000 liquefied natural gas (LNG) trucks to its fleet in this financial year. It will further invest over ₹4,000 crore in FY25 to raise LNG truck deployment by any another 5,000 units, while also exploring options for deploying electric trucks on short-haul operations.

—Name withheld on request It has been assumed that you had earned long-term capital gain (LTCG) on sale of stocks (original asset) in fiscal 2023 and invested it in one residential house in India (new asset) which is still under construction. With respect to fiscal 2023, as per Section 54F of the Income-tax Act, 1961, you are eligible to claim a deduction from LTCG arising on transfer of an asset (other than a residential house), with respect to re-investment of the net sales consideration (and not capital gains) into construction of one residential house in India (within a period of three years from date of transfer), subject to the other prescribed conditions.

Commissioner, Home, T. Ranjit Singh in a notification said there are high chances that some anti-social elements might use social media extensively for transmission of images, hate speech and hate video messages inciting the passions of the public which might have serious repercussions for the law-and-order situation in Manipur. “......also elements of imminent danger of loss of life and /or damage to public/private property, and wide spread disturbances to public tranquility and communal harmony, as a result of inflammatory material and false rumours, which be transmitted/circulated to the public through social media/ messaging services on mobile services, SMS services and dongle services specially in the context of the recent incidents of violence in some parts of the state,” the notification said. The Home Department extended the mobile Internet ban thrice in less than two weeks.

Modi-led BJP government came to power. “Earlier, India used to appeal to the world for help after terror attacks. But now those countries behind the attacks request to the world to save them," PM Modi said, without naming Pakistan, as quoted by Hindustan Times. “These obstacles kept India from growing to its full potential after independence," he said, adding that India is now leading in mobile manufacturing, and in the top three in startups.

Jeep India has strengthened its retail footprint with the inauguration of a new dealership — SGA Jeep, here, as it plans to increase its dealership network to 80 by the end of the year, the company said on Sunday. Currently, Jeep India is present in 64 cities across the country and has over 72 touch points. The SGA Jeep, in the city, is spread across 2,100 sq ft and would offer the full range of JEEP — Grand Cherokee, Wrangler, Meridian and Compass in the region.

pollution levels continue to remain high in the national capital. However, schools are also being given the option of shifting to online for Class 6-12, she said. In a post on X (formerly Twitter), Atishi said, “As pollution levels continue to remain high, primary schools in Delhi will stay closed till 10th November.

Delhi's AQI reaches ‘severe plus’ capacity. Know when it will improve The toxic air in Delhi is not just impacting humans but also birds and animals. Veterinarian Haravtar Singh said since the city air turned fouler, about 10 birds were brought with breathing problems.

India Mobile Congress 2023 was buzzing with cutting edge-technology. At the largest telecom and technology forum in Asia, tangible use-cases and innovative products on display truly sparked excitement and captivated the attention of attendees. Mixed reality glasses Jio showcased its upcoming JioGlass, a mixed reality (MR) headset in the shape of an unassuming pair of spectacles at the gigantic Jio booth, along with a more affordable JioDive VR headset. This unobtrusive piece of wearable tech promises to bridge the gap between our physical world and the limitless possibilities of augmented and virtual reality.

IBDF) Digital Media Content Regulatory Council (DMCRC) has advised its member over-the-top (OTT) platforms to avoid unnecessary vulgar and abusive content without justification. The DMCRC is part of the Indian Digital Media Industry Foundation (IDMIF), which has been formed by IBDF, and has 10 members, namely JioCinema, SonyLIV, Disney+ Hotstar, and ZEE5, among others. The advisory was sent out after the Ministry of Information and Broadcasting (MIB) raised concerns over the excessive use of profanity, vulgarity, and obscenity in content produced by certain OTT platforms. «The content shown by the platforms has a deep impact on society. The platforms have the freedom to tell stories the way they wish to, but it should be done after due diligence and with responsibility.

Dividend Stocks: Shares of several companies will trade ex-dividend in the coming week including Dabur India, Indian Oil Corp (IOC), Petronet LNG, RITES, Indian Railway Finance Corp (IRFC), among others will trade ex-dividend in the coming week, starting from Monday, November 6. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.