Mobile Financial News

Major League Baseball's takeover of San Diego Padres' broadcasts involved months of planning, a playbook MLB is following this week with Arizona Diamondbacks' telecasts

Recently, a video emerged on social media that shows a girl jumping into the Chitrakote Waterfalls in Chhattisgarh's Bastar district after her parents scolded her for using mobile phone. The incident happened in the Chitrakoot Chowki area on Tuesday evening. In the video, the girl can be seen standing at the edge of the waterfall for a few seconds before jumping into it.

New Delhi: Development banks should change their approach to bring private sector into the centre of efforts to mobilize finance for sustainable development strategies, according to the independent panel that advise G20 nations on improving the balance sheets of multilateral institutions. In a report titled ‘Strengthening multilateral development banks-the triple agenda’ presented to the G20 finance ministers and central bank governors, a nine-member committee argued that development banks should engage with the private sector in a new way, including by co-creating investment opportunities and programmes.

CRCS Sahara Refund Portal (mocrefund.crcs.gov.in) FAQs, Application Process Live Updates (July 19): Promising much-awaited relief to crores of depositors who have their money stuck in Sahara Group, Union Minister of Home and Cooperation, Amit Shah on Tuesday (July 19) announced the launch of ‘CRCS Sahara Refund Portal’. The new online platform will help aggrieved depositors get their money back, starting with Rs 10,000 per depositor in the initial phase.

G20 Employment Working Group which began in Indore city of Madhya Pradesh on Wednesday is going to be a 'zero waste' event, with plastic bottles not allowed and writing pads of reusable paper being used. Indore, notably, has been ranked as India's cleanest city in the national cleanliness surveys conducted by the Union government for the last six years. The G20 meeting is aimed at finding solutions to the current global challenges in the areas of labour, employment and social security to workers.

ICICI Securities, citing ONDC CEO Thampy Koshy and Senior VP Rahul Handa. Half of the transactions are projected to come from retail and the other half from mobility. ONDC hopes to achieve that scale from the 75,000 to 80,000 transactions it currently hosts per day, Koshy and Handa told ICICI Securities.

G20 Sherpa Amitabh Kant on Wednesday said the country should target 100% electrification of two and three-wheelers by 2030. He also said India should target that 65% of its state public transport should be electric by 2030. Kant said India requires a clear policy framework to achieve its electric mobility goals. He was addressing a side event organised by the NITI Aayog on 'Policy support and Enablers to Accelerate India's Electric Mobility during the ongoing fourth Energy Transitions Working Group meeting under India's G20 Presidency in Panaji.

₹1.64 lakh crore revival package for Bharat Sanchar Nigam Limited (BSNL) – its chairman and managing director called on all employees to “perform or perish". Pointing out – rightly – that the revival package was one of its kind among public-sector undertakings, CMD PK Purwar said it had been cleared by the prime minister himself, with a clear message to the staff of the ailing public sector behemoth. Purwar minced no words in listing BSNL’s issues.

A former staff member of an Australian wagering and games developer looking to claw back unpaid salary, superannuation and annual leave has successfully fought to have its local operations forcibly wound up.

Aaj Tak, Suniel Shetty elaborated on his preference for buying fresh produce from apps, stating that the prices of vegetables and fruits on these platforms can be surprisingly lower compared to physical shops and markets. He expressed astonishment at the price difference and highlighted the affordability and cost-effectiveness of purchasing through mobile applications.

Pradhan Mantri Kisan Samman Nidhi (PM Kisan Yojana) 14th installment is scheduled to be released by the Central Government next week. The government will release around Rs 8.5 crore to PM Kisan beneficiaries. Under the scheme, eligible farmers will receives Rs 2000 per installment and total of Rs 6000 in a year. It should be noted that the 14th installment of the PM-Kisan Samman Nidhi Yojana would be paid into a bank account that is connected to both Aadhaar and NPCI. As a result, you have to verify that your account is an NPCI- and Aadhaar-linked bank account.

ANI, Ritesh Shukla said that India and France have just signed the agreement and Prime Minister Narendra Modi announced it during his visit to France. He said that they are working on creating readiness on both sides with banks in India and merchants in France. Speaking about the commencement of UPI operations in France, Shukla said, "We are working on creating readiness on both sides with banks in India and with merchants in France and I think it will take about three to four months for us to go live, so we are working towards making that happen." Indian tourists visiting France will now have the convenience of paying for Eiffel Tower tickets and other attractions in rupees, following an agreement between both countries to utilize the Indian government's Unified Payments Interface (UPI).

CRCS Sahara refund portal: The Centre has started the process to refund ₹5,000 crore of depositors whose funds are struck in four cooperative societies of Sahara Group. Launching a 'CRCS-Sahara Refund Portal' to facilitate the refund, Cooperation Minister Amit Shah on Tuesday said: "The process of returning the amount of ₹5,000 crore to the investors is starting today in a transparent manner on a trial basis. This is the beginning of the refund of monies to the depositors (of Sahara Group)".

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

India as a strategic partner to the United States, a top American general has told lawmakers that the India-US military-to-military relationship is robust and increasing in scope and sophistication. «India is a strategic partner to the United States.

Gruha Lakshmi Yojana would be able to register for free without being lured by any middleman. Under the Gruha Lakshmi scheme, women heads of households across the state would receive ₹2,000 every month. As per the minister, this scheme would benefit as many as 12.8 million families in the state.

Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft's deal to buy video game maker Activision Blizzard, calling it «an example of the FTC's rejection of sound antitrust policy.» The lawmakers, all members of the Republican-controlled House of Representatives, in a letter sent on Monday to FTC Chair Lina Khan and two commissioners and publicly released on Tuesday, said the proposed deal is a «pro-competitive transaction.» The agency, which enforces antitrust law, is considering its options after a U.S. District Court judge ruled last week that the deal was legal and an appeals court declined an emergency motion to pause the transaction.

online gaming sector are planning to come together and write to the government, raising concerns about the decision to levy 28% GST on the full face value of the bets for real money online games, people aware of the discussions said. These investors are likely to caution the government that this steep tax could make the industry unviable, while disproportionately hurting small startups, one of the people briefed on the matter told ET.

National Common Mobility Card (NCMC) as a default option with contactless or near-field function facilities. The missive, sent earlier this month, will likely push banks to issue more cards on the RuPay platform, as a majority of NCMC-enabled cards are on the RuPay network. A senior official confirmed the development and said lenders are expected to have all their cards equipped with NCMC features, including an offline wallet.

GANDHINAGAR : Multilateral development banks (MDBs) will need to increase their annual spending by $3 trillion by 2030, including $1.8 trillion for additional climate action and $1.2 trillion for achieving other sustainable development goals (SDGs), according to the recommendations of a committee headed by N.K. Singh and Lawrence Summers. “The international development finance system should be designed to support this spending by providing $500 billion in additional annual official external financing by 2030, of which one-third is concessional funds and non-debt-creating financing and two-thirds in the form of non-concessional official lending," the report said.

MUMBAI : Although growth in mutual fund (MF) investments has outpaced bank deposits, the asset managers have quite a bit of catching up to do as banks still maintain a considerable lead in attracting incremental funds. Banks got deposits worth ₹225 for every ₹100 going into MF schemes in the June quarter, according to an analysis of data from the Reserve Bank of India (RBI) and the Association of Mutual Funds in India (Amfi).