Mobile Financial News

New Delhi: A growing number of Indian consumers are turning to their mobile devices to check prices of products while shopping in brick-and-mortar stores, indicating a rise in the adoption of omnichannel retail behaviour. “For five in 10 India consumers, e-commerce websites and search engines are the top sources of pre-purchase information, while three in 10 check in with their family, friends and colleagues before deciding on a purchase.

WhatsApp nude video scam. The victim, Prashanth (identity changed), from Bengaluru's KHB Colony, reported the incident to the cops after the criminals heightened their demands to Rs 4 lakh. The incident occurred around midnight on August 11, when Prashanth answered a WhatsApp video call only to encounter a woman posing in the nude.

Delhivery Ltd. has announced the launch of Delhivery One — a digital shipping platform experience designed to meet the diverse needs of MSMEs, in addition to large D2C e-commerce brands across the country.

India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on Monday. Assistance systems (ADAS) rapidly expanded by 350 per cent (year-on-year) and the adoption of connected and digital cockpit features continue to gain steady traction in passenger vehicles, surpassing 60 per cent, according to the report by CyberMedia Research (CMR). The surge in EV adoption was driven by the introduction of new affordable models, including, for instance, MG Comet EV from MG Motors.

“Income tax department has given an option of pay later when we file income tax return (ITR). Therefore, an individual can file an ITR without paying income tax dues first by using the pay later option,” said CA Abhinit Singh, Founder, Ready Accountant, a Kolkata-based educational institution. Read below to find out how to use the ‘Pay Later’ option on the Income Tax Department’s e-filing portal.

Chandrayaan-3. ISRO shared the images on X (formerly Twitter).

fundamentally strong companies that efficiently utilise their capital to generate profits. RoCE not only reflects a company's operational efficiency but also its ability to provide attractive returns to its shareholders. This article delves into the world of midcap stocks in India, specifically focusing on the top five high RoCE midcap stocks that have caught the attention of investors.

Indian spacecraft is now expected to touch down on the surface of the Moon at 6.04 pm on August 23. However, the lander module would undergo internal checks ahead of the planned soft landing on the moon. The lander module (LM) comprises the lander ‘Vikram' and rover ‘Pragyan’.

Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a deal to buy more than 200 Tomahawk cruise missiles from the United States, part of a wide-ranging defence shake-up. Australia will be only one of three nations to have Tomahawks along with the US and Britain, Defence Minister Richard Marles said.

₹25 per kg in Delhi from Monday. The retail sales of onion will be suitably increased in the coming days by involving other agencies and e-commerce platforms, said the government press release issued on Sunday. "Apart from releasing in major markets, onions from the buffer are also being made available to retail consumers at a subsidised rate of ₹25 per kg through retail outlets and mobile vans of NCCF from tomorrow ie Monday 21st August 2023," the release stated.

SJS EnterprisesMarquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open market on Friday.Jio FinancialJio Financial Services, which recently demerged from parent Reliance Industries, will get listed on stock exchanges on August 21.Kotak Mahindra BankKotak Mahindra Bank's chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level.Read more: What changed the market while you were sleepingPNB Housing FinancePNB Housing Finance said through its focussed and multi-pronged resolution strategy, it has successfully resolved and fully recovered a large corporate non-performing account of Rs 784 crore.TitanTitan will acquire an additional 27.18% of equity shares in its subsidiary CaratLane Trading for Rs 4621 crore.Ashok LeylandAshok Leyland will issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc and Switch Mobility UKM&MMahindra & Mahindra announced proactive inspection of select XUV products.KEC InternationalKEC International, an RPG Group Company, has secured new orders of Rs 1,007 crore across its various businesses.ONGCONGC Videsh has secured a three-year extension from Vietnam to explore 'Block 128' in the South China Sea.

IT hardware industry is increasingly concerned about what could be New Delhi’s definition of “trusted hardware”, with the Centre stressing that imposition of import curbs on laptops, tablets and servers is primarily due to national security reasons. Industry executives say that while the government has been successful in restricting Chinese players Huawei and ZTE from participating in India’s 5G rollout after adoption of the “trusted sources” approach, replicating the same for IT hardware won’t be feasible. That’s because unlike telecom equipment, laptops/tablets are consumer devices. More importantly, more than 80% of the market is controlled by non-Chinese firms belonging to the US, Japan, South Korea and Taiwan, which are already trusted trade partners of India, said industry executives. Lenovo is the only Chinese firm. Under India’s new rules for security of mobile networks, telcos are mandated to buy network equipment only from entities labelled by the National Cyber Security Coordinator as a ‘trusted source’ and product designated as a ‘trusted’ one.

telecom operators — Reliance Jio and Bharti Airtel — have divergent views on the use of the Universal Service Obligation Fund (USOF). Market leader Jio believes that, at present, the cash reserve is being used to fiberise the towers of competitors which «should not happen», while second-ranked Airtel wants the Centre to now start using the fund to fiberise towers. "...Let it [USOF] remain with the operators.

5G networks in India from the second half of 2024, said a senior executive of Finnish telecom gear maker Nokia. «You will see some early adopters this year, and then I think by the second half of 2024, there will be a big growth in the enterprises,» said Sanjay Malik, head of the India market for Nokia. He was speaking at ETTelecom's fourth edition of Digital Telco event — 2023, organised with the TRAI Centre for Studies and Research.

I want to rent out my 1-bhk house and plan to move into a 2-bhk apartment taken on a higher rent. What will be the tax implication on this? —Name withheld on request The taxability of income earned by you from let-out residential house property and the tax deductions available towards rent paid, are dealt under separate provisions, under the Indian income-tax laws.

NEW DELHI : The government should give incentives for research and development projects on advanced battery technology, said a CII report on Sunday. The report on battery manufacturing and its ecosystem released by the Confederation of Indian Industry (CII), suggested that incentives be given from a dedicated fund for the development of the battery technology ecosystem.

NEW DELHI : The Centre is considering shifting its financial assistance for adoption of electric vehicles (EVs) toward public transport such as e-buses. The support for purchase of private electric two-wheelers may be gradually phased out, said a person in the know of the developments. “There is a view that the subsidies should gradually be phased out for private two-wheelers and assistance should go for public transport and charging infrastructure," the person added.

Russia's first lunar mission in nearly five decades, Luna-25, crashed into Moon a day after it had spun into uncontrolled orbit, the country's space agency said on Sunday, leaving India's Chandrayaan-3 mission's lander module the only spacecraft in the race to touch down on the lunar surface. According to the Russian Space Agency 'Roscosmos', on August 19 an impulse was provided to propel Luna-25 into an elliptical pre-landing orbit. At about 11:57 GMT, communication with Luna-25 was lost, in a blow to Moscow's space ambitions.

Equitas Small Finance Bank Ltd has plans to foray into credit cards and personal loan segments as it expects to build a consumer finance portfolio, a top official said. Equitas Small Finance Bank was also investing in developing a mobile application to serve merchants and help improve their business operations.

Category 1 storm Hilary is expected to make a landfall into Southern California on Sunday as a rare tropical storm, unleashing floods, fierce winds and heavy downpours as residents evacuate, parks and beaches close and first responders brace for water rescues. According to the National Hurricane Center Hilary is developed now a Category 1 storm with maximum winds of 80 miles per hour as it barrels north-northwest at a speed of around 21 mph,. It was about 285 miles south-southeast of San Diego as of 5 a.m.

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