Mobile Financial News

Cashfree Payments on Tuesday said it has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI). With the PPI licence, the Bengaluru-based payment aggregator can offer digital payment solutions such as mobile wallets, prepaid cards and vouchers, which customers can load with funds and use for transactions. “The PPI licence opens up a new field of opportunity for innovation in the payments landscape. Our focus has always been to provide secure, flexible and efficient payment experiences to Indian businesses as well as their customers. The PPI licence will help us build offerings that let internet businesses retain and grow their user base,” said Akash Sinha, CEO and cofounder, Cashfree Payments.

Netflix Moments allows users to get the most out of iconic scenes from their favorite content by bookmarking and saving them within the app, as well as sharing them with friends. With clips from movies and TV shows already widely circulating on social media, it seems Netflix wants to get in the game itself, potentially bringing more attention to its content.Netflix's Giancarlo Esposito also talked about the need for Moments in a statement to Variety, he said, “I know firsthand there’s something magical that happens when a powerful story finds its audience on Netflix.

Subscribe to enjoy similar stories. The stage for the next wave of flagship smartphone wars has been set.

The census starting from next year would update the National Population Register, also changing future census cycles completely, official sources said. The Registrar General of India is holding consultations with all the stakeholders and state governments, officials said, adding that around 30 questions have been prepared for citizens. The questions include the number of persons residing in households, whether the head of a household is a woman, whether they have a telephone, internet connection, mobile or smartphone, bicycle, scooter or motorcycle, and whether they own a car, jeep or a van, among others.

Redmi A4 5G smartphone during the IMC 2024, marking a significant collaboration with Qualcomm. This device will be powered by the Snapdragon 4s Gen 2 chipset, making it Xiaomi's first 5G-enabled Redmi phone priced under ₹10,000. While the official launch date is yet to be confirmed, Xiaomi has indicated that the commercial release will occur later this year.The Redmi A4 5G is expected to be available in a single variant featuring 4GB RAM and 128GB storage, priced around ₹8,499, inclusive of launch and bank offers.

Bharti Airtel’s consolidated net profit for the fiscal second quarter jumped 168% on-year on the back of strong average revenue per user (ARPU) growth and subscriber adds, although a Rs 318 crore exceptional loss caused it to miss estimates. The nation’s second-largest telco posted a consolidated net profit of Rs 3,593 crore, which missed estimates as analysts were expecting a consolidated net profit of around Rs 4,311 crore in the September quarter.

Kunal Kamra took to X (formerly Twitter) to express his frustration over the poor condition of Ola Electric scooters and urged Union Minister Nitin Gadkari to intervene. In his post, Kamra highlighted the plight of Indian customers, criticising the lack of accountability from Ola. He emphasised how customers are struggling to commute and are being forced to take bad loans due to issues that, according to him, are the company’s responsibility. His post was triggered by a complaint from Rangraj Nagar in Solapur, where several Ola scooters were reportedly found in poor condition. The user expressed outrage over the absence of qualified engineers or technicians at the site, stating that such negligence is unacceptable given that customers have invested their hard-earned money into these products. Tagging prominent figures including Ola Electric’s CEO Bhavish Aggarwal, Prime Minister Narendra Modi, and Minister Gadkari, Kamra's post urged government agencies to intervene and address the grievances.

Subscribe to enjoy similar stories. KYIV, Ukraine—Ukraine is widening its dragnet in the search for troops to shore up its creaking front lines, conducting spot checks of men at upscale venues including a concert and a wine store in Kyiv and a street of hip eateries in Odesa. The stepped-up efforts show the difficulties Ukraine faces in raising new soldiers to backfill front-line losses as the war approaches the three-year mark.

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Delhi Police has seized a mobile network jammer from Palika Bazaar in the national capital amid a checking ahead of Diwali, officials on Sunday said. «Our teams are verifying all shops, hotels and other public places ahead of the festive season. During a special check, a team found a suspicious object in a market,» Deputy Commissioner of Police (New Delhi) Devesh Kumar Mahla said. The device, which is acting like a mobile network jamming device, was immediately seized, he said.

Amazon Great Indian Festival Diwali deals on dining essentials: Over 70% off on stylish dinnerware, furniture, and moreNilkamal’s CNTBL2CG Contemporary Coffee Table is designed for both indoor and outdoor use. Its simple yet modern design makes it suitable for living rooms, offices, and even patios.

National Testing Agency (NTA) is preparing to release the schedule for the JEE Main 2025 exam, with the online application process expected to begin by the end of November 2024. Candidates can apply via the official NTA website. In 2024, the JEE exam was held in two sessions, January and April, so a similar schedule is anticipated for the upcoming year.

telecom services in 600 megahertz spectrum band, a senior official of chip company Qualcomm Technologies said. The smartphone ecosystem will become more premium by the time India decides to make these radio waves available for use, said Durga Malladi, Senior Vice President & General Manager, Technology Planning & Edge Solutions, Qualcomm Technologies. «It's pretty good, actually. Our transceivers already go all the way down to 600 megahertz. So for us, we don't have a problem there, and we are like open to business in any part of the world,» Malladi said during a discussion on the support available in Qualcomm chipsets for 600 Mhz band. Qualcomm chipsets are majorly used in premium smartphones.

telcos will likely present a united demand before the regulator that new satcom players pay market-determined prices for spectrum – the single biggest capex item for telcos – when they compete with terrestrial network providers. Telcos have collectively spent `5.5 lakh crore to acquire this spectrum. Global biggies such as Elon Musk-owned Starlink and Amazon’s Kuiper are eyeing broadband services in India. Multiple people aware of developments told ET that Reliance Jio, Bharti Airtel and Vodafone Idea will be demanding that if satcom players are allowed to offer services in urban areas, serving retail or enterprise customers, a level playing field with terrestrial networks must be ensured.

India «stands ready to make every possible contribution towards restoration of peace» in Ukraine and West Asia, Prime Minister Narendra Modi said on Friday. The strategic partnership between India and Germany has emerged as a «strong anchor» at a time when the world is going through an era of tensions and uncertainty, he said here with Chancellor Olaf Scholz by his side after an inter-governmental commission meeting. «We both agree on ensuring freedom of navigation and adherence to the rule of law in accordance with international laws in the Indo-Pacific region,» Modi said.

Air India Express, a subsidiary of Air India, on Friday announced commencement of direct flights from Port Blair to Kolkata. The double daily flights to and fro Kolkata will commence on December 1, it said, adding that bookings are now open on the airline's website, mobile app, and other major booking channels. The first flight from Port Blair to Kolkata will take off at 8.35am and reach Kolkata at 10.45am. The second flight will leave Port Blair at 12.20pm and reach Kolkata at 2.35pm. On the other hand, the first flight from Kolkata to Port Blair will take off at 5.40am and reach Port Blair at 7.50 am. The second one will start at 9.20am and reach at 11.40am, the airline statement said.

Mobile internet services will remain suspended across Assam from 8.30 am to 4 pm on Sunday for the conduct of a government recruitment exam, an official notification said on Friday. This would be the third such instance in two months. «Mobile internet, mobile WiFi and mobile data services of all service providers will remain suspended from 8.30 am to 4 pm in the interest of holding free, fair and transparent written examination and also to prevent arising of any law and order issues having a bearing on public safety,» the order said. Mobile internet services were earlier suspended on two days in September during the conduct of similar exams by the state-level recruitment commission.

The Long History of the Future: Why Tomorrow’s Technology Still Isn’t Here. By Nicole Kobie. Bloomsbury Sigma; 368 pages; $28 and £18.99Are driverless cars hurtling around technology’s next corner? Not really, though not for lack of trying. The first quasi-autonomous car dates back more than 30 years.

telemedicine, AI-driven diagnostics, and mobile health apps have made headlines, they address only part of the issue. The real obstacles lie much deeper. Infrastructure and human resources: the missing pieces The solution to India's vast healthcare gap lies not solely in technology but in a broader, more human-centric approach. «Healthcare innovation is not just about technology; it's about creating solutions that serve the most vulnerable and underserved populations,» leading healthcare industrialist and philanthropist Prakash Hinduja said.

Reasons to buyReasons to avoid2. Zebronics ZEB-VITA Wireless Bluetooth 10W Portable Bar SpeakerThe Zebronics Zeb Vita Portable Speaker is designed for on-the-go music enthusiasts.

Dixon Technologies fell by 9.7% to a day's low of Rs 13,601.30 on the BSE after soaring 6% to hit a new all-time high of Rs 15,999.95 in Friday's session, despite a 265% year-on-year (YoY) jump in its Q2 PAT. The company reported a Q2 PAT of Rs 412 crore on Thursday, driven by increased mobile phone production and an exceptional gain of Rs 209.6 crore in the fiscal second quarter of FY2025.