Mobile Financial News

SIM card dealers mandatory and discontinued the provision of bulk connections, in a bid to curb online financial frauds, communications minister Ashwini Vaishnaw said on Thursday. The telecom operators will do mandatory registration of franchisee, point of sale (PoS) agents and distributors. This will help in eliminating the rogue PoS who by fraudulent practices issue SIMs to anti-social/anti-national elements.

The Red Lake Nation in northwestern Minnesota plans to roll out a mobile marijuana dispensary that will operate only on tribal lands

NEW DELHI : The Union government, which unveiled ₹1.18 trillion worth of programmes spanning mobility to digital sectors, plans to make additional such mega announcements during the festive season until the year-end, four people with direct knowledge of the matter said. The proposed announcements may include a ₹1 trillion mission mode project to modernize the railway signalling system, a ₹3 trillion Bharatmala Phase-2 programme to boost connectivity to infrastructure projects such as multi-modal logistics parks and ongoing expressways, a ₹5,000 crore incentive package to encourage the construction of vessels and ships to develop a blue economy, and a viability gap funding (VGF) scheme for coal gasification.

Apple's production in India of the iPhone 15, slated for launch next month, sends out a strong message of intent about its desire to diversify out of China. Near-simultaneous release opens up scope for iPhone shipments from India. By closing the delay in production in the two countries, Apple's contract manufacturers are demonstrating capability to retool supply chains.

₹10 lakh will be imposed. The government has given 12 months for compliance where all existing sellers will be registered with the telcos. The move will help in identifying, blacklisting and eliminating rogue sellers from the carriers’ systems.

The anti-cybercrime group of the Philippine National Police released a warning note to citizens on possible risks involved in cryptocurrency gaming schemes such as the play-to-earn model used by Axie Infinity.

Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Retail inflation unexpectedly surpassed the 7%-mark in July due to high vegetable prices, Samsung will receive the highest payout under the government’s production-linked incentive (PLI) scheme for mobile manufacturing, and Russia surpassed Iraq as India’s largest supplier of crude oil. Retail inflation in India hit a 15-month high of 7.4% in July on account of a sharp rise in vegetable prices.

Reliance BP Mobility Limited and Hero Lectro. This has enabled delivery partners to save up to 40% of the vehicle running cost, positively impacting their earnings.

Railways according to specifications approved by its design and standards unit RDSO, has been red flagged by officials as «faulty» after testing, saying the malfunctioning units could lead to a Balasore-like incident unless withdrawn. Officials said that around 4,000 units of the «faulty» MSDAC system have been procured by the Railways at a cost of Rs 5 lakh per unit and are being tested as part of a trial.

online gaming and Rs 200-400 on over-the-top (OTT) platforms, according to a report by technology and policy think tank Esya Centre. Published in a working paper of IIM Ahmedabad, the survey outlines that users spend the maximum time about 194 minutes a day on social media, compared to 46 minutes on online gaming and 44 minutes on OTT.

retail commerce in the April-June quarter, with offline outpacing online, according to a report by internet consultancy firm Redseer. Traction for offline retail also increased on the back of higher rural demand, particularly for fast moving consumer goods (FMCG), the report noted. As incomes grew, the share of discretionary spending in household wallets increased to 19% in April-June, from 15% during the January-March period.

Northwest Territories has compelled authorities to issue urgent evacuation orders and declare a state of emergency, with particular concern mounting for the capital city of Yellowknife.

smartphones that stated "This is a SAMPLE TESTING MESSAGE sent through Cell Broadcasting System by the Department of Telecommunication, Government of India. Please disregard this message as no action is necessary on your part. This message has been transmitted to TEST the Pan-India Emergency Alert System currently being implemented by the National Disaster Management Authority.

New Delhi: The Central Water Commission will now provide flood forecast for up to seven days on a real-time basis. The move comes at a time when northern India has been battling floods following heavy downpour.

Magicpin on Thursday said it will provide tomato for Rs 50 per kilogram at select online apps like Paytm and Pincode available at ONDC network in collaboration with National Cooperative Consumers Federation of India. Magicpin said that till date, it has facilitated the delivery of approximately 20,000 orders for 40,000 kilograms (kg) of tomatoes across more than 90 pin codes in and around Delhi-NCR in just 4 weeks at Rs 70 per kilogram (Kg), and henceforth, tomato will be shipped at a lower price of Rs 50 per kg.

Gaza beachfront. The open-air show — with a playlist including the animated children's comedy «Ferdinand» — was for many viewers a first experience of a projected film since the impoverished enclave's last cinema closed more than three decades ago. Hosted by «The Sea is Ours» cafe, the screenings were designed to promote issues of culture and history approved by the conservative Islamist Hamas government. They left some in the audience longing for more. «I hope one day there will be a cinema, so I can go to the cinema and eat popcorn,» said 13-year-old Mohammad Zidan as other children lolled in the sand, giggling at the cartoon.

Employees in an emergency can file a PF claim using Form 19. One can withdraw EPF in full or in part. According to the EPFO tweet on X (previously known as Twitter), “Normally it takes 20 days to settle a claim or release the PF amount, if the same is submitted to concerned EPFO Office in complete.” Members can apply for PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the member Interface directly.What to do if PF is not settled in 20 days According to the EPFO FAQ page, “ He can approach the regional PF commissioner in charge of Grievances; file a complaint on the website using the EPFiGMS feature in the section ‘FOR EMPLOYEES’.” Step-by-step guide to file EPF withdrawal claim online Step 1:

₹10 lakh will be imposed on dealers found violating norms," Vaishnaw said. He said that there are 10 lakh SIM dealers and they will be given sufficient time for police verification.

Companies that pay regular dividends are usually well-established and have a loyal customer base. Sometimes, they even come with strong fundamentals and low debt. Moreover, if the dividend payout keeps increasing, it means the profits are also increasing simultaneously.

Apple expects to sell fewer iPhone 15 models than was previously planned, according to a new report. The change in plans comes only days ahead of tentative launch which is pegged for September 12, 2023. The reasons behind the more conservative forecast are not surprising and have been doing the rounds for a while.

₹100 a month and less than an hour a day on online gaming. On OTT platforms, the amount was far more, between ₹200 and ₹400 a month. The paper by Rajat Sharma and Vikash Gautam titled ‘New-Age Digital Consumption: A Survey of Social Media, OTT Content and Online Gaming’ also outlines that policy concerns around unwanted user actions, especially in online gaming, which are not supported by user time-spend or money-spend data.