Mobile Financial News

NEW DELHI : Prime Venture Partners is one of the few venture capital firms that has continued to invest in early-stage startups despite challenges in the past year that saw even larger investors turn cautious. Founded in 2012 by Sanjay Swamy, Shripati Acharya and Amit Somani, the homegrown VC fund (formerly known as AngelPrime) floated its first fund with a corpus of $8 million. The firm is currently deploying its $120 million fourth fund that closed in 2022.

India and China held positive and constructive talks to resolve the border dispute, a statement issued by the Indian Army said on Tuesday. During the corps commander level talks on Sunday and Monday, both sides agreed that a resolution to the disputes on the Line of Actual Control should be expedited. The 19th round of India-China corps commander level meeting was held on the Indian side of the Chushul-Moldo border meeting point.

REA Group, owner of Housing.com, PropTiger.com, and Makaan.com, reported a 46% rise in its revenue from India in the financial year ended June 2023, while their Australian business saw a mere 1% uptick. India's share in the group's overall revenue has expanded to 6.7% in FY23 from 4.8% in FY22, REA said in an investor presentation. REA India posted a revenue of Australian $79 million for FY23 ended June against A$54 million in the previous year.

personal data, part of the Biden administration's widening scrutiny of that industry's privacy practices, officials said. Data brokers' conduct can be «particularly worrisome» because the sensitive data driving the use of artificial intelligence can be collected from military personnel, people experiencing dementia, and others, according to Rohit Chopra, director of the US Consumer Financial Protection Bureau.

Reliance Industries Ltd, has seen a 20% dip in viewership levels basis monthly active users after the IPL (Indian Premier League) peak in April and May, according to media and entertainment industry experts tracking the platform. However, the company points out that while services would normally expect a 70-80% drop once a tentpole property gets over, the platform has sustained much engagement thanks to the reality show Bigg Boss OTT which has performed on par with typical monthly viewership for a Hindi GEC (general entertainment channel) show, having recorded more than 100 million viewers over the season and 30 billion minutes of watch time. That said, the churn remains high and quality content low as the platform launches two to three new titles every week.

southern Ukraine, searching. It screeched to a halt, and three men unloaded heavy equipment and disappeared into the undergrowth. What they were looking for, dug in and hidden under the trees, were three hulking British-made armored vehicles known as Mastiffs.

Russia launched the test phase of a digital ruble on Tuesday, in a bid to limit the impact of international sanctions imposed following its offensive in Ukraine. «On August 15, the tests of operations with real digital rubles began,» Russia's central bank told AFP. The trial phase involves 13 other banks and 600 individuals who can make payments at 30 sales points in 11 Russian cities, it added.

IRCTC Rail Connect to trick them.Stating that it is a fake application, the Indian Railway Catering and Tourism Corporation (IRCTC) has asked people not to fall prey to it. «It has been reported that a malicious and fake mobile app campaign is in circulation where some fraudsters are sending phishing links at a mass level and insisting users to download fake 'IRCTC Rail Connect' mobile app to trick common citizens into fraudulent activities,» the advisory said.

Narendra Modi government for India’s economic transformation has paved the way for world-class manufacturing. Production linked incentives (PLIs) have been instrumental in both boosting domestic manufacturing and curtailing a burgeoning trade-deficit in electronics and other manufacturing goods. With an outlay of over ₹2 trillion, the PLI scheme launched in March 2020 began with mobile phones and components, electrical components and medical devices, and was later extended to 14 sectors, including electronics and IT hardware, white goods, drones, telecom, pharmaceuticals, automobiles and auto-components.

With the freedom to move unhindered by cords, these tools become your trusted companions in various tasks, from mounting shelves to crafting. Whether you're a seasoned DIY enthusiast or just beginning your journey, these affordable options offer a gateway to convenience and creativity. Join us in exploring this array of cordless drill machines that blend affordability and functionality, ready to bring a new level of efficiency to your Indian home projects.

The fusion of Artificial Intelligence (AI) and Machine Learning (ML) is ushering in a new era where this dream can transform into reality. These cutting-edge technologies are proving to be instrumental in reshaping the financial landscape, creating affordable and convenient solutions for every section of society.

Netflix is starting its first public tests of cloud-streamed games, marking a significant step forward in its gaming endeavors. Starting Monday, a select group of Netflix subscribers in Canada and the UK will have the opportunity to try out games streamed directly from Netflix.com to compatible TVs and connected TV devices, according to a report.

Karnataka’s revenue collection was strong enough to support them. The CM, in his Independence Day address in Bengaluru, attacked the previous BJP regime in Karnataka, without naming the party, while insisting that about 1.30 crore poor families would participate in the development process the government was trying to create through the schemes. These families will enjoy the benefits without any middlemen in between, he added.

Lebanon’s interim central bank governor has frozen the accounts of the banks embattled former chief and close relatives and associates

Amazon is rolling out a generative AI feature that summarizes product reviews for customers

covid pandemic, when India’s overall investment in fixed assets saw a decline, indicating a heightened focus on innovation within boardrooms, official data showed. Data up to FY22 from the statistics ministry showed that while fixed investments or gross fixed capital formation (GFCF) contracted 7.3% in FY21 due to the economic impact of the nationwide lockdown to contain the spread of covid-19, investments into intellectual property products, a component of GFCF, remained in positive territory.

drones to individual protective equipment, sources said. Sources in the military establishment also said the present global scenario «necessitates a flexible and adaptive approach» to tackle defence and national security challenges. Sixty-eight schemes worth Rs 6,600 crore were signed in the first three tranches of emergency procurements (EPs). «As part of the fourth tranche, 49 schemes worth Rs 7,600 crore have been contracted catering for capabilities ranging from mobility solutions to communication systems, energy solutions, individual protective equipment, armament and simulators, drones and counter-drones,» a source in the defence establishment said. The army is observing 2023 as the 'Year of Transformation', and is working on several projects to reshape and remodel the functional processes to bring in a «quantum jump in its capabilities». It is spearheading the realisation of the vision of 'Atmanirbharta' with the intent of boosting manufacturing in India and creating a vibrant defence ecosystem, the sources said.

Narendra Modi on the eve of Independence Day, Congress General Secretary Jairam Ramesh Sunday said “the Prime Minister will unleash his torrent of lies from the ramparts of the Red Fort for one last time, taking off from his tsunami of lies to the nation in the Parliament last week," reported ANI. The Congress General Secretary said, “Will he have the courage to question his own government and his ministers on their corruption and incompetence?" Accusing Modi Government of corruption and incompetence, the Congress General Secretary said, “Even a defanged Comptroller and Auditor General of India (CAG) has been able to expose the sheer corruption and incompetence of Modi Government." Demanding answer from the prime minister Jairam Ramesh said Chuppi Todiye, Pradhan Mantri-ji! Highlighting the findings of the CAG, Jairam Ramesh in a letter said the CAG has flagged an overall cost overrun of more than 100% in the much-hyped Bharatmala Pariyojana.

New Delhi (India), August 12: In the midst of a relentless surge in electronic consumption, the looming threat of e-waste on both our environment and health has reached critical proportions. Stepping up to address this pressing concern, Celekt Mobiles, a leading mobile retail chain, proudly introduces �Mission E-waste: India� First Green Initiative by Celekt�, an unparalleled initiative aimed at combating electronic waste in India. Statistics reveal a staggering annual escalation of 20-25% in electronic waste (e-waste) generation across India.

NCCF and NAFED to sell tomatoes at a reduced rate of Rs 50 per kilogram from Tuesday in view of the decline in prices in the wholesale markets. Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, Uttar Pradesh, Rajasthan and Bihar to boost domestic availability and contain price rise. Initially, the ministry had asked the two cooperatives to sell tomatoes at a subsidised rate of Rs 90 per kg and later reduced the price to Rs 80 per kg.

FIT Quint, the report reveals that around 750,000 beneficiaries were associated with an invalid mobile number, specifically 9999999999. Moreover, the CAG identified 4,761 registrations that were linked to only seven Aadhar numbers, indicating potential irregularities. Additionally, the audit found instances of hospitals that were absent from the list of facilities registered under the public health insurance scheme.