Mobile Financial News

Some Bank of Ireland customers were able to withdraw money they did not have Tuesday and early Wednesday, thanks to an hours-long technical glitch that also halted many of the bank’s online services

Amber, University Living and UniAcco that help students find accommodation near campuses across the world, are targeting 2-3x annual growth in business on soaring demand not just from Indian students going abroad but other international students as well. Companies in this space told ET that while initially they only had Indian study-abroad students, now 70-80% of their base comprises students from international markets, looking for the convenience and support these platforms offer. “The student mobility industry has seen a remarkable recovery since the pandemic, with lots of students going abroad every year,” said Saurabh Arora, CEO of University Living, a global student-housing managed marketplace.

The Caisse de dépôt et placement du Québec posted a 4.2 per cent return for the first half of 2023 despite volatile market conditions, with contributions coming from a fixed-income portfolio that was boosted by both higher interest rates and infrastructure bets that can act as a hedge against inflation.

PM-eBus Sewa scheme to deploy 10,000 electric buses across India will take electric mobility to the grassroots level and boost localisation, automobile industry players said on Wednesday. The Union cabinet on Wednesday approved 'PM-eBus Sewa' for augmenting city bus operations, under which priority will be given to cities having no organised bus service.

Afghanistan. Under this partnership, India has supplied total of 47,500 MTs of wheat assistance to UNWFP centers in Afghanistan. The recent ongoing shipments are being sent through Chabahar Port and being handed over to UNWFP at Herat in Afghanistan.

₹15.34 Lakh Crore were processed through UPI in July 2023. Taking the popularity of UPI a step ahead, UPI Lite has taken over the country’s imagination for small-value transactions up to ₹200 in a single-click. Since its launch earlier this year, UPI Lite has seen massive adoption in the country with more than 10 million transactions being processed through it in a month.

It was Atal Bihari Vajpayee who first dreamed of connecting the four corners of the country through highways when he was the prime minister nearly two decades ago. Vajpayee carried on the spirit of economic reforms introduced by the PV Narsimha Rao government in 1991. Regarded by some as the father of India's second-generation economic reforms, Vajpayee, whose death anniversary falls today, is remembered for several firsts.

Netflix is initiating a limited beta test for a small cohort of members in Canada and the United Kingdom. The test will debut on select TVs starting Monday, and in the coming weeks, it will extend to PCs and Macs via Netflix.com on compatible browsers. Having initially entered the gaming sphere by launching games for mobile devices in November 2021, Netflix has been working to broaden its gaming offerings.

Started in 2013, TVS Motor Company and BMW Motorrad have commemorated a decade of their robust and strategic partnership within the realm of two-wheelers. Spanning over product development, design, technology, knowledge sharing, and developing common platforms for both their global customers, the strategic partnership between the two companies have achieved a series of milestones globally, said the company in a statement.

Relative Strength Index (RSI) shines as a beacon of insight, guiding investors toward trends that might not be immediately evident. This article unveils the importance of RSI trends and navigates through stocks showcasing an upward RSI trajectory. The RSI, a technical indicator, quantifies the momentum of price movements, offering insights into overbought and oversold conditions.

A total of Rs 57,613 crore has been allotted to the scheme. Of this, the central government will provide Rs 20,000 cr and the balance will be paid for by the state governments. With an eye on green mobility and climate change readiness, 10,000 new electric buses will be rolled out in 100 cities, Thakur said.

Kumar Saurav will be spearheading the strategic division of the company as the chief strategic officer (CSO). Kumar joined AdCounty Media in 2018 as the global mobile business head with a vision to propel the company to worldwide recognition and nurture a culture that fosters excellence.

foreign trade policy advocates the concept of trusted value chain in electronics, which will help address concerns related to bugs and data theft from equipment used in India. According to the commerce ministry, India imported computer hardware and peripherals worth ₹7,255 crore, and electronic components worth ₹8,200 crore from China last fiscal. The government is keen on achieving self-reliance in manufacturing and also tapping greater export opportunities.

ITRs filed in AY23 over AY22, with the maximum increase registered in Maharashtra followed by Uttar Pradesh, Punjab, Gujarat, and Rajasthan, the report said. In terms of growth, smaller states of Manipur, Mizoram and Nagaland have registered more than a 20% increase in ITR filed during the last 9 years, the report added.

Carnarvon Energy boss Adrian Cook said Australia is losing some of its hard-earned reputation as a reliable jurisdiction for oil and gas investment at the hands of policy tinkering by the Albanese government.

In Maharashtra, banks will work only for remaining three days as banks witnessed two back to back holidays on August 15, and 16. Banks across India were closed on August 15 on the occasion of the 77th Independence Day. In August, state-wise holidays include Tendong Lho Rum Faat, Independence Day, Parsi New Year (Shahenshahi), Tithi of Srimanta Sankardeva, First Onam, Thiruvonam, Raksha Bandhan, Raksha Bandhan/Sree Narayana Guru Jayanthi/Pang-Lhabsol.

NATO member Poland displayed its state-of-the-art weapons and defense systems at a massive military parade Tuesday, as war rages in neighboring Ukraine and ahead of parliamentary elections in two months. President Andrzej Duda, the chief commander of the armed forces, said in his opening speech that the protection of Poland's eastern border is a key element of state policy. He also noted that Poland is supporting Ukraine in its struggle against Russia's aggression of almost 18 months.

Italy is taking special measures to reduce the waiting time for Indians to get a Schengen visa. Italian Ambassador to India, Vincenzo de Luca, has said that Italian authorities are actively working to reduce the waiting time for Indian applicants seeking Schengen visas. Ambassador de Luca pointed out that Italy is presently faced with a substantial influx of Schengen visa applications, similar to other issuing nations, and they are striving to expedite the process to the best of their ability, SchengenVisaInfo.com reported. In an interview with Business Line, the ambassador mentioned that the number of Schengen visas granted to Indians during the first seven months of the current year has surged by 38 percent in comparison to the same timeframe of the previous year. He underscored that the current processing time for both business and tourist visas stands at 48 hours once the application is received.

Digital payment systems, bitcoin and other cryptocurrencies as well as mobile wallets are reshaping the way people think about simplicity, safety, and managing their money. “Adopting such tools simplifies budgeting, and improves accountability for finances, and fits perfectly into the frantic digital economy," said Gupta.

ITCITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore.

SaaS) startups that continue to attract investors despite a funding winter are ramping up hiring in a job market flooded with resumes amid layoffs by bigger tech players. Founders of enterprise software and SaaS startups that ET spoke with confirmed active hiring as access to talent across functions of engineering, product, sales and marketing of technology products has increased significantly in recent months.