Mobile Financial News

27.08 / 19:11
UPS Provident Target Mobile country Power Tata Power charging targets six-fold jump in EV public chargers
Tata Power Charging Solutions, the largest provider of EV charging in the country, is looking at an over 6-fold jump in the number of semi-public and public chargers it offers for electric vehicles (EVs) to 25,000 from the current 4,000 over the next 5 years. The service provider is encouraged by the sharp month-on-month jump in the number of registered users on its mobile application amid a fast adoption to EVs, said a company executive. «With EVs growing at a fast pace, we are constantly expanding at suitable locations every month. We are also encouraged by the number of registered users on our app. It has gone up to 168,000 year-to-date (fiscal) as compared to 135,000 in the whole of last fiscal,» Virendra Goyal, the head of business development (EV Charging) at Tata Power told ET. The Tata Power Renewables' subsidiary has a presence in all the four categories which comprises home, public (including semi-public), bus and fleet charging segments. Since 2018, ahead of the launch of Tata Motors e-Nexon in 2020 — the first EV offering from Tata Motors — it has deployed 50,000 home chargers. It plans to end FY24 with 7,000 public EV charging points.
27.08 / 18:37
COST UPS Target Mobile Jio looking to push Jio Bharat phone sales
Reliance Jio is focusing on expanding its consumer base by pushing sales of the Jio Bharat phone, veering away from paying high incentives to encourage mobile number portability (MNP), as the telecom market leader looks to moderate sales and marketing costs, industry executives and experts said. The telco saw sales and general administration costs sharply increase over the past few quarters — to ₹540 crore in the quarter ended June 30, 2023, from ₹310 crore in the fourth quarter of FY22, indicating a jump of 74% over six quarters. «Jio is evidently looking to expand the subscriber base, but it is now focusing on capturing the feature-phone market by migrating users to the Jio Bharat phone, rather than encourage MNP since that was resulting in a lot of negative landing,» an executive with knowledge of the situation said. Telcos give their distributors incentives for enabling port-ins from rival networks.
27.08 / 18:37
Aware Mobile Vodafone band Trai to seek views on allocating E,V spectrum bands
E and V bands spectrum and backhaul carriers to telecom operators, a move that is set to rekindle a battle between telecom and tech companies. Officials aware of the details told ET that Trai is likely to treat E and V bands separately as they have slightly different characteristics. While E band (71-76 GHz and 81-86 GHz) is being primarily used for 5G backhaul, the usage of V band spectrum (57-64 GHz and 64-71 GHz) has not become prevalent so far. Further, a certain quantum in the V band may be delicensed, or allotted without auctions, for indoor coverage.
27.08 / 16:21
Assurant Mobile How do I report LIC payouts in my ITR?
I purchased LIC’s Bima Bachat Plan 175 on 9 December 2013 after paying a single premium of ₹100,155. The term of the plan was nine years and the sum assured ₹1.5 lakh. As payouts, I got ₹22,500 in 2016 and ₹22,500 in 2019. The maturity proceeds of ₹1,13,580 was given on 9 December 2022. It included a final bonus of ₹16,500, while ₹3,075 was deducted as tax under section 194DA. In my Form 26AS, LIC has combined all the payouts ( ₹61,500) for FY2022-23, the year of policy maturity. I’m uncertain whether this consolidated amount should be included in my income tax return (ITR) for the current fiscal. If it should be included, what is the amount to be shown in the ITR and which ITR form is applicable here? —Name withheld on request We understand that you had purchased a life insurance policy from LIC (in the nature of pure life insurance) in 2013 and had made a one-time premium payment of ₹100,155 towards purchasing this policy.
27.08 / 16:05
COST Provident Action Strategy Mobile country recovery India’s G20 playbook offers the world pathways for a recovery
macroeconomic insecurity. The countries of the Global South have particularly been affected, as their rising debt burdens have hampered efforts at promoting sustainable development, placing a question mark on their ability to meet the sustainable development goals (SDGs) or respond to the effects of climate change.
27.08 / 15:59
Target Action Mobile Recent raids by ED in Chhattisgarh were politically motivated, alleges CM Bhupesh Baghel
Baghel on Sunday claimed recent raids conducted by the Enforcement Directorate (ED) in the state were politically motivated. He alleged the federal anti-money laundering agency neither took any action nor attached assets of the distillers concerned who are the main accused in the liquor scam. Baghel said Central agencies including the ED, CBI, DRI, and Income Tax have become a threat to democracy as the BJP-led Central government is misusing them. «The statement of Chhattisgarh BJP in-charge Om Mathur who on Saturday said in Surguja 'let's see what happens in the next two months' is the fresh example of the misuse of these Central agencies,» Baghel told reporters here. He alleged the ED is defaming the state government in the online betting app case. «The Central probe agency (ED) goes to one department then to another and when they get nothing there, they go to the third department, but they also get nothing there.
27.08 / 14:35
FIVE Mobile Puzzle Quordle 580 August 27: What are the hints and answers for the word puzzle this Sunday?
Quordle is a daily word game developed by Freddie Meyer. It can be played on the Merriam-Webster website (earlier Quordle.com) or the mobile app. You could play Quordle on a computer, laptop, tablet, or smartphone.
27.08 / 13:39
Mobile Updates Nuh Violence: ‘Instead of yatra, people can visit temples’, says Haryana CM ahead of Shobha Yatra. Top Updates
Manohar Lal Khattar said in Panchkula on Sunday, referring to the Nuh violence that took place broke out on 31 July. "Instead of the 'yatra', people can visit temples in their areas for 'jalabhishek'," he said and asserted that it is the state government's responsibility to maintain law and order. Six people, including two home guards and a cleric, were killed in the communal clashes that erupted in Nuh and its adjoining areas after a Vishva Hindu Parishad procession was attacked by a mob on July 31.
27.08 / 12:03
Mobile Remark safe Haryana safe, nobody should worry about it: Manohar Lal Khattar on Punjab CM's remark on Nuh clashes
Haryana is safe and nobody should worry about it, Chief Minister Manohar Lal Khattar said on Sunday, a day after his Punjab counterpart Bhagwant Mann claimed that governors of BJP-ruled Manipur and Haryana were «silent» on the law-and-order situation there. Mann made the remark on Saturday as he lashed out at Punjab Governor Banwarilal Purohit for «threatening» to impose President's rule in the state. Replying to a question on the Punjab chief minister's remarks, Khattar on Sunday said, «Haryana is safe and nobody should worry about it. If there is a talk of (imposing) President's rule, it is for there (Punjab).» Mann had said that while the AAP government in Punjab had been taking proactive steps to tackle the scourge of drugs, confiscating, raiding properties of smugglers, and going after gangsters with the formation of an Anti-Gangster Task Force, the governor claims law and order in the state was not good. «I want to ask Governor Sahab, has the Haryana Governor issued any notice to Haryana Chief Minister Khattar regarding what happened in Nuh, communal clashes and violence that took place there and curfew had to be imposed? Did the Haryana governor write any letter to Khattar? No, because their government is also ruling at the Centre,» he had said.
27.08 / 09:23
UPS Provident Citizens Platform Mobile country 500 PMJDY accounts exceed 500 million, deposits at a whopping ₹2.03 trillion
Jan Dhan Yojana (PMJDY), the government's financial inclusion programme, crossed 500 million in August, said Vivek Joshi, secretary-financial services, Ministry of Finance. The scheme, launched by the Prime Minister Narendra Modi to enable financial inclusion, completes nine years on 28 August 2023. As of 16 August, Joshi said, the total number of PMJDY accounts stood at 500 million, up from 147.2 million at the end of March 2015.
27.08 / 08:17
Platform Action Mobile Metro Mercantile dividend week Corporate actions this week: Birla Corporation, GMM Pfaudler to go ex-dividend, Remedium Lifecare ex-split and more
corporate actions scheduled for this week. Birla Corporation, GMM Pfaudler, APL Apollo Tubes, Tanla Platforms, Gujarat State Petronet, and Metro Brands will trade ex-dividend, while Remedium Lifecare will ex-split this week.Bannari Amman Sugars (Rs 12.5/share), Precision Wires India (Rs 0.36/share), Wardwizard Innovations & Mobility, and Aaron Industries will trade ex-dividend on Monday, 28th August.
27.08 / 08:17
Mobile social Security tightened in Haryana's Nuh, other areas after 'shobha yatra' call
Haryana's Nuh and other areas following the Sarv Jatiya Hindu Mahapanchayat's call for a 'shobha yatra' on Monday, despite the authorities denying permission for the procession. Officials said security personnel, including those from paramilitary forces, have been deployed to keep a strict vigil.
27.08 / 05:51
Provident Mobile DAL performer voice social Nuh Violence: ‘No Jal Abhishek Yatra’, Haryana CM Khattar bans processions; asks people to visit temples instead
Nuh violence, said the state police and administration have taken a decision that people should go to nearby temples instead of carrying out a procession, according to a report published by the news agency ANI. Addressing an event here, Khattar said, “Looking at the kind of incident that happened there (Nuh) at the beginning of the month, it is the govt’s duty to ensure that law and order in the area is maintained." “Our Police and administration have taken this decision that instead of carrying out a yatra(Braj Mandal Shobha Yatra), people should go to nearby temples and offer prayers. Permission for yatra is denied but people can go and offer prayers in temples as it is Sawan month," the chief minister said.
27.08 / 04:03
Citi MET Man Mobile social Honey-trapped Bihar man arrested for sharing classified inputs with Pakistani agent
The Indian Express, the individual taken into custody has been recognized as Bhakt Banshi Jha (36), originally from Darbhanga, Bihar. According to authorities, Jha was employed as a delivery personnel at a courier company based in New Delhi.
26.08 / 17:17
Platform Action Mobile country B20 PM Modi to address B20 Summit tomorrow in Delhi, says ‘platform bringing together wide range of stakeholders’
BRICS Summit, followed by a Greece visit, will be addressing the B20 Summit India in national capital Delhi on Sunday, 27 August. The Prime Minister's Office informed that the Summit has brought policy makers, business leaders and experts from across the world to deliberate and discuss the B20 India Communique. “At 12 noon tomorrow, 27th August, I will be addressing the B20 Summit India 2023.
26.08 / 15:15
MET Cooper Mobile 'Shobha yatra' will be taken out in Mewat on August 28, no need to obtain administration's permission: VHP
Vishva Hindu Parishad (VHP) on Saturday said a «shobha yatra» would be taken out in the area on August 28 and asserted there was no need to obtain permission from the administration for such religious events. The organisation, however, said it would inform the administration about the procession and was open to discussion on its form and size as «we do not want to cast a shadow on a G20 event», scheduled in Nuh in the first week of September. The Haryana government on Saturday ordered the suspension of mobile Internet and bulk SMS services in Nuh district till August 28 in view of the call for the procession. Six people, including two home guards and a cleric, were killed in the communal clashes that erupted in Nuh and its adjoining areas when the VHP procession was attacked by a mob on July 31. Addressing a press conference here on Saturday, VHP joint general secretary Surendra Jain said the yatra would be taken out by the Sarva Hindu Samaj of Mewat, not the VHP. «Sarva Hindu Samaj has decided to take out and complete the yatra… We also do not want to cast a shadow on G20 event in any way.
26.08 / 14:39
Provident SEC Mobile voice social Updates NOT Nuh violence: VHP says ‘permission not required for religious rally’, Sec 144 imposed | Top updates
Punjab, Delhi, Uttar Pradesh, Rajasthan and Chandigarh, Kapur said the administration has denied permission for the Shobha Yatra due to a meeting of the G20 Sherpa Group, scheduled to be held in Nuh during 3-7 September -The Nuh authorities had recently denied permission to hold the religious procession on August 28 after an earlier one in July was disrupted following communal violence -On Saturday VHP leader Dr Surendra Jain said that ‘no permission is required for religious rally’ on the party's call for ‘Shobha Yatra’ in communally afflicted Nuh district in Haryana. “Permission for religious rally is not required...The administration comes forward and extends support for the religious rally." Jain said.
26.08 / 13:53
UPS Citi Action Mobile track Power Multiple levels of automatic backup, latest tech to ensure uninterrupted power supply for G20 Summit
New Delhi: To ensure uninterrupted power supply for the G20 Summit, authorities are leveraging latest technology and have installed multiple backups at the venue, Pragati Maidan, officials said on Saturday. Power discom BSES has enhanced the supply to Pragati Maidan by establishing three separate power sources to ensure reliability.
26.08 / 11:45
FIVE Mobile Puzzle Quordle 579 August 26: What are the hints and answers for this Saturday's four-fold puzzle?
Quordle is a perfect Saturday word game. It can be played on the Merriam-Webster website or the mobile app. You could play Quordle on a computer, laptop, tablet, or smartphone.
26.08 / 10:55
UPS Digital Mobile cover social CSP pension Customers SBI customers can use only Aadhaar to enrol in Atal Pension Yojana, other social security schemes
State Bank of India (SBI) has launched a new feature where its customers can enrol for various social security schemes using only their Aadhaar card number, the bank said in a press release on August 25, 2023. SBI customers do not need their passbooks or other documents to join social security schemes anymore, the public sector bank added. “Customers visiting Customer Service Points (CSPs) of SBI will need only their Aadhaar to enrol in social security schemes.
26.08 / 09:34
UPS Platform Mobile Videos Paid users can now post up to 2 hours of 1080p, 3 hours of 720p videos on X
X (formerly Twitter) has announced various video and media enhancements to the microblogging platform. X said on Friday that premium subscribers can now post longer videos on the platform, i.e.

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