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17Apr By Lavina TolaniNo Comments

INDIA

World Bank predicts 7.3% growth for India in 2018

The World Bank has predicted a growth rate of 7.3 percent for India for the current year and 7.5 percent for 2019 and 2020 and has observed that Indian economy has recovered from the effects of demonetization and Goods and Service Tax (GST). In its South Asia Economic Focus Meet held twice a year, World Bank said, Growth is expected to step up from 6.7 in 2017 to 7.3 percent in 2018 and will subsequently get stabilize supported by a sustained recovery in private investment and private consumption. In its report, it was also stated that India should now strive to advance investments and exports so that it can benefit from its recovery in global growth. Within the Indian section of the report, the bank also approved that disruptions from demonetization and implementation of GST creat...

Apple Launched iPhone 8 and iPhone 8 Plus in Red Colour

17Apr By Lavina TolaniNo Comments

Tech

Apple Launched iPhone 8 and iPhone 8 Plus in Red Colour

Apple has launched a special red edition for its iPhone and iPhone 8 Plus variants. While iPhone 7 is already available in red, the red color variant of iPhone 8 and iPhone 8 plus is sure to drive the Apple fans crazy for the phone. Officially named as "(Product) Red Special Edition", a portion from the sale of the Red phone will go towards RED, an organization that supports HIV/AIDS programs to avoid testing, counseling, and medicine that helps to prevent transmission of HIV from a mother to the unborn child. Apple has been in partnership with Red since 2006 and has donated more than $160 million during last 11 years. Apart from the change in color scheme, no other change has been done in iPhone and iPhone 8 Plus models. The specifications and internal configuration remain the sa...

BHIM App Offering Cashbacks: Know How To Avail

16Apr By Lavina TolaniNo Comments

News

BHIM App Offering Cashbacks: Know How To Avail

The Government of India is leaving no stone unturned in pushing its BHIM app to garner more digital transactions and now it has come up with attractive cashback offers for customers as well as merchants. Under the new cashback scheme, new users will be entitled a cash benefit worth Rs. 51 while merchants will get a total benefit of Rs. 1000 when opting for BHIM App. The best part of the offer is it does not put a transaction limit to avail the scheme. In addition, a cashback of Rs. 25 will be given for every transaction with a minimum value of Rs.100 to any UPI ID, mobile number, virtual payment address. The maximum limit for cashback has been set to Rs. 500. #JUSTIN | Great news for @NPCI_BHIM users!! @NPCI_NPCI announced alluring #BHIMCashback plans for new and existing u...

16Apr By Lavina TolaniNo Comments

ANALYSIS

How Cricketers like Virender Sehwag Make Rs 30 Lakh Using Social Media

While he may have retired professionally for over a year now, nonetheless he continues to rule our hearts not only with his masterful strokes but also as a newly found social media entertainer! Yes, we are talking about our very own Viru paaji (nickname). Virender Sehwag the most destructive batsmen to have adorned Indian cricket industry is now making it big in the world of social media with his maiden skill to grab eyeballs through his unconventional, funny and witty Tweets like never before! "I have, in the last six months, made around Rs. 30 lakh through my Tweets", says, a much pleased Sehwag. While people can't stop gushing over his witty tweets, the brands to have not been able to resist the temptation of showcasing him for their brand promotion! Given the magnificent scope of cri...

Reliance and JM Financial’s Joint Bid Rejected For Alok Industries

16Apr By Lavina TolaniNo Comments

BUSINESS

Reliance and JM Financial’s Joint Bid Rejected For Alok Industries

Reliance Industries has reported that its resolution plan for acquiring Alok Industries in conjunction with JM Financial Asset Reconstruction Company has been rejected by the committee of creditors (CoC). JM Financial had bid jointly with Reliance Industries to acquire mega textile producer Alok Industries. As per the guidelines of Insolvency and Bankruptcy Code, a failure in approval of the resolution plan within the prescribed timeline can make the assets go into liquidation. A RIL spokesperson in a regulatory filing to the exchanges said, We have been lately informed that our plans have not aligned favorably with Committee of Creditors as required under the Insolvency and Bankruptcy Code. Alok Industries had earlier reported that Corporate Insolvency Resoluti...

Exclusive: WhatsApp To Introduce “Block Revoke Request” Feature

16Apr By Lavina TolaniNo Comments

News

Exclusive: WhatsApp To Introduce “Block Revoke Request” Feature

"Delete for All" feature introduced earlier in March, which had come as a big relief to Whatsapp users is to undergo a change yet again. The 270 million subscribed Facebook-owned application had introduced a "Delete for everyone feature" which entitles users to delete a message sent mistakingly to recipients. At the time of launch, it was mentioned that users had seven minutes to revoke the sent message. However, last week, WhatsApp had increased this time limit to 1 hour, 8 minutes and 16 seconds.Whatsapp now is planning a new feature "Block Revoke Request". This has come in after an observation where users have used the "delete feature" to erase their 3-year-old messages. ⛔ WhatsApp silently adds some protections to block invalid revoke requests, for iOS, Android and W...

Blackstone Looking to Invest 60% of its Fund in India

16Apr By Lavina TolaniNo Comments

BUSINESS

Blackstone Looking to Invest 60% of its Fund in India

Investment opportunities in India have been growing at a rapid rate over past few years. This has led to major firms setting India at the heart of their investment strategy. As per the information obtained from sources, Blackstone Group is set to invest 60% of its maiden Asia focused fund into the Indian economy. "Blackstone plans on deploying $4 billion in Asia over next 5 years", said a person involved in the matter, requesting anonymity. About 40% of the deal fund for every deal done in Asia will be contributed by Blackstone equity fund, while the new Asia fund-BCP Asia will invest the remaining 60%. Anuj Kapoor, MD at USB India said, Until now, the focus of private equity interest in Asia was strongly inclined towards China, especially catering to scale of opportunity and rel...

Delhi High Court Asks Airtel to Change IPL T20 Ads

15Apr By Lavina TolaniNo Comments

INDIA

Delhi High Court Asks Airtel to Change IPL T20 Ads

Bharti Airtel has been asked to change its Indian Premier League advertising campaign by Delhi High Court after allegation from Reliance Jio Infocomm declaring the ad campaign to be 'misleading', 'deceptive' and 'misrepresentative'.The company has argued that the content will incur data charges for the plan, hence it's not free unlike it is being stated as in the "ad campaign". In the Airtel promoted advertisement, it is being popularised that users can access T20 cricket coverage "live and free" for which all they need is a 4G Airtel SIM to download the TV app and get access to a virtual season of the coverage. "The deception and misinterpretation in the advertisement are aimed at enticing and luring the viewers to subscribe the defendant's telecom service (Airtel) and give it prefe...

Challenges For Saudi Arabia’s New Prince Mohammed Bin Salman

15Apr By Lavina TolaniNo Comments

MIDDLE EAST

Challenges For Saudi Arabia’s New Prince Mohammed Bin Salman

Since the times, King Salman Bin Abdulaziz has ascended the oil kingdom's throne, Saudi Arabia has been undergoing major political and economic changes which have brought the possibility to question if the new prince is here to stay for long? He is the first grandchild of the founder King, Abdulaziz Al Saud. Saudi Arabian Government has come forward with some prominent changes at the political front all with a motive to focus power and its various resources all in the hands of Crown Prince. Talking of political dimension, Mohammed Bin Salman was appointed the new defense minister right after his father was crowned Kingdom's Emperor. Prince Mutaib bin Abdulaziz too was knocked down from the post of National Guard leader handling the power to Mohammed Bin Salman. While, it is not po...

Gmail Launched New Feature Known as “Confidential Mode”

15Apr By Lavina TolaniNo Comments

Tech

Gmail Launched New Feature Known as “Confidential Mode”

Google is planning on a major update in the coming weeks introducing a new "Confidential Mode" along with updates on new features as well as designs.Though an official confirmation from Google is awaited, information related to the same has been obtained from various sources. The new update will bring in an umbrella of features such as quick reply to emails, ability to snooze emails for later, a new sidebar that would allow placing calendar appointments side by side. The much talked about "Confidential mode", will allow Gmail users to restrict users from accessing email, stopping copy, forward or printing the content of email altogether. Google is also working on an email authentication feature that will prompt users to enter an SMS passcode in order to open the emai...

14Apr By Lavina TolaniNo Comments

INDIA

India’s Export Fall For the First Time in 5 Months

India's merchandise export has witnessed a plunge in March for the first time ever in five months widening the trade deficit over global trade and the U.S moves to review a programme allowing duty-free imports of goods. The US Trade Representative also said earlier on Thursday, that it has launched reviews over concerns that India and Indonesia were not complying with Generalized System of Preferences (GSP) programme on market access. India's merchandise export has fallen 0.7 percent in March to $29.1 billion, widening the trade gap to $13.7 billion due to an upsurge in imports, as indicated by government data on Friday. Import has risen to $42.8 billion (7.2 percent) in March. Coming to year fiscal close, goods exports has risen 9.8 percent to $302.8 billion while imports have ri...

14Apr By Lavina TolaniNo Comments

Tech

TCL Set to Launch a New Smart TV Brand in India

TCL Multimedia, a brand known to be leading TV manufacturers in the world has announced its plans to launch a new smart TV brand in India. While the company already shares a global market and is known to be providing highly customized sought after audio and visual experience to its global customer base, the new move will make it set its foot high in the Indian market as well. According to company's spokesperson, the new TV has been specially designed to cater to the growing needs and demands of the Indian market.It has been positioned at TLC's smart home appliance brand and is being introduced to pave a way for refined ultimate audio video experience through the high-quality internet and cutting-edge technology. Speaking about its upcoming launch, Mr. Mike Chen, Country Manager, T...