Mobile Financial News

The economy is looking up, and that’s a challenge for the Federal Reserve. The pandemic shock prompted excessive monetary and fiscal responses, generating inflation. The Fed responded with aggressive rate hikes that reduced inflation within reach of its 2% longer-run target.

FASTag KYC was February 29 as set by the National Highway Authority of India (NHAI). «One Vehicle, One FASTag» is a campaign that NHAI has started to prevent owners of single cars from participating in the multiple FASTag scheme. ET Online called the NHAI helpline number 1033, and the customer care employee confirmed that the deadline has not extended. According to the NHAI press release dated January 15, 2024, “FASTags with valid balance but with incomplete KYC will get deactivated/blacklisted by banks post 31st January 2024.” Also read: How to buy new FASTag online

MintGenie, Nayar said that SoftPOS technology transforms regular smartphones or tablets into payment terminals, eliminating the need for separate hardware. Payment service providers are utilizing the Open Network for Digital Commerce (ONDC) to streamline customer experiences by integrating with its infrastructure. Through ONDC, providers can access a standardized platform, facilitating interoperability among various digital commerce players.

A court in Bangladesh has granted bail to Nobel laureate Muhammad Yunus in a $2.3 million embezzlement case

Lok Sabha elections this year. During the meeting, a 100-day agenda for immediate steps to be taken after a new government is formed in May was deliberated upon for its quick implementation.

influencers are folks who are seen to be adept at doing one thing: influencing. To try and sway opinion — something writers on this page covertly and overtly try, most of the times with little effect — is their USP, the SP in USP being the whole point.

council of ministers have brainstormed on vision document for Viksit Bharat 2047 and detailed action plan for the next 5 years, said government sources on Sunday. The meeting was chaired by Prime Minister Narendra Modi. In what may be the last such meeting before the big polls, several ministries articulated their ideas in the meeting. Meanwhile, after formation of the new government in May 2024 and for quick implementation of the said plan, a 100-day agenda for immediate steps has also been worked upon, they said.

new government in May 2024. The Election Commission of India (ECI) is expected to announce the dates of Lok Sabha elections 2024 anytime now and the polls are expected in April-May this year. The blueprint for the Viksit Bharat vision was formulated following an exhaustive two-year-long preparation phase, characterized by extensive consultations among ministries, state governments, academia, industry bodies, civil society, and scientific organizations.

Mint in Barcelona, on the sidelines of the Mobile World Congress. The technology provider intends to meet the demand from Indian as well as global carriers from its India plant. The first pilot of the technology for Vodafone Idea is being conducted in Jalandhar, Punjab to test the equipment and functioning of the network such that it meets all the key performance indicators of the existing networks, while in parallel they're scaling up the number of sites to cover the entire state.

—Name withheld on request As per the Income-tax Act , interest received from NRE account is exempt from taxes for an individual, till the time the individual qualifies as person resident outside India (PROI) under the provisions of the Foreign Exchange Management Act, 1999 (Fema) or is a person who has been permitted by RBI to maintain the said account. As per Fema, person resident in India (PRII) means a person who was residing in India for more than 182 days during the preceding financial year but excludes a person who stays outside India for employment/ business/ for uncertain period or a person who comes to stay in India, otherwise than for above purposes.

OpenAI and Sam Altman to Google removing many popular Indian apps from its Play Store only to restore them a day later, there has been a lot of activity in the tech world. With all this big news, it's natural that some important tech news might slip under the radar, but don't worry, we've got you covered with the Weekly Tech Recap, where we take a look at all the major tech-related news of the week. On Saturday, some Indian mobile applications that were taken down by Google over payment dispute, were reinstated on Play Store, including Shaadi.com, Naukri, 99acres, etc.

Electric vehicle maker Wardwizard Innovations & Mobility is planning to expand operations as it looks to cater to enhanced demand in both domestic and international markets, Chairman and Managing Director Yatin Gupte said. The Vadodara-based company is setting up a new assembly plant in Sharjah in the UAE to cater to African markets, including Egypt. It has also set up an assembly plant in Deoghar, Jharkhand to cater to the growing demand for electric vehicles (EVs) in markets like Bihar, Jharkhand, West Bengal and Odisha. In an interaction with PTI, Gupte said the company is setting up the assembly plant in Sharjah in collaboration with the BEEAH Group.

semiconductor chip, that is used within the Bluetooth and Wi-Fi component of your phone, could’ve crossed international borders as many as 70 times before it reached you. And this entire process can take up to 100 days, 12 of which are spent in transit between various supply chain steps. And this is just one tiny component that makes up the lifeline of the digital world. Components are as critical as the final device. But most of the components currently come from countries such as Taiwan, China, South Korea and the US. This is going to change soon, however.

Gaza, where nearly 2m Palestinians have been forced out of their homes. Even larger numbers have been displaced in Congo, Sudan, Syria and Ukraine. Most people feel compassion when they see fellow humans fleeing from bombs, bullets or machetes.

protection of its startups. “India is very clear, our policy is very clear...our startups will get the protection that they need," Ashwini Vaishnaw said.

Google on Friday removed several popular apps by ten Indian developers from its Play Store, citing non-compliance with billing policies. This move has sparked a contentious dispute between the tech giant and Indian developers over what they perceive as Google’s «unfair» policies. But less than a day later, it started reinstating some of the apps on the Play Store, which began complying with its billing norms. Which apps have been impacted? Among the delisted apps were Bharat Matrimony, Telugu Matrimony, Tamil Matrimony, Marathi Matrimony, Matrimony.com’s Jodii and People Group’s Shaadi.com, along with dating apps Truly Madly and QuackQuack.

Women hold only 13% of senior roles in Indian media and entertainment industry: report Recognized as a pivotal date each year, International Women's Day serves as a cornerstone for celebrating women's accomplishments, amplifying discussions on gender equality, advocating for swifter progress towards parity, and mobilizing resources for women-centric initiatives. Since the early 1900s, International Women's Day has been observed, originating during a period of significant societal upheaval marked by rapid industrialization and the emergence of radical ideologies.

Info Edge fell 3% on Saturday to the day's low of Rs 5,131.75 on the NSE after the Naukri.com operator informed the exchanges about Google's decision to remove/delist the company's mobile applications, including Naukri.com and 99acres from the Google Play Store. The company in its filing to the exchanges said that Google's decision comes as a surprise since this action was taken without giving due and sufficient notice to Info Edge.

₹5,200 apiece on BSE, and the stock touched an intraday low of ₹5,130 and high of ₹5,230. As Google took this action without providing the firm with enough warning, the company stated in its filing that it was surprised to see its mobile applications removed from the Google Play Store.

Kabir Sethi, LPL Financial’s product chief, is leaving the firm, according to a public filing. Sethi’s departure is effective March 31, according to a Form 8-K the firm filed with the SEC on Monday.

Vodafone Idea's plans to raise an additional Rs 25,000 crore via the debt route won't cause any financial stress as the telco has sharply cut bank exposure — by almost Rs 35,000 crore — in the past two-and-a-half years and improved operational performance, top company sources told ET. The telecom JV of UK's Vodafone Group and India's Aditya Birla Group (ABG), in fact, is counting on the targeted funding primarily to plug its 4G coverage gaps and rein in customer losses to be able to compete more effectively with bigger rivals, Reliance Jio and Bharti Airtel in its priority markets. The Rs 25,000 crore planned debt funding is in addition to the Rs 20,000 crore that Vi plans to raise via equity and/or equity-linked instruments by the June quarter of FY25.