The Rs 2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5 per cent estimated by the RBI, a report said on Monday. The real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said. "We expect Q1 FY24 GDP growth at 8.1 per cent with an upward bias due to the impact of Rs 2000 note withdrawal event...this reinforces our projection that FY24 GDP could be higher than 6.5 per cent, basis the RBI estimate," a note said.
Meesho has emerged as the second-largest player by order share in this year's festive sales till now, surpassing Amazon, while Flipkart Group platforms topped the market in both orders and gross merchandise value (GMV), according to according to a report by consultancy firm Redseer. It said Flipkart Group maintained its leadership position with a 62 per cent market share in terms of GMV during the first week of the festive season, followed by Amazon which had 26 per cent share, while the remaining 12 per cent was distributed among other e-commerce players. In terms of order volume, Flipkart Group again leads the market with about 49 per cent share and SoftBank-backed Meesho ranks second with about 21 per cent order share, according to Redseer.
"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.
Formula One launch F1 TV in India, target 'strong mobile market'
The biggest surprise for customers, at the time of claiming, is the fact that they will get only depreciated value of the product.
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that flashed on his mobile phone.
In the mood for romance but don't know which movies to watch? Tamil cinema has a lot to offer on OTT, and Arjun Menon lists his favourites.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
Ahead of the assembly polls in Rajasthan, the Congress government on Saturday night issued an order for the conduct of a caste survey in the state.
Governments need to proactively plan for attracting and retaining the next generation of talent for its civil services, an official report has said.
Police said that after allegedly murdering Vaidya, Sane had taken pictures of the body and also did many Google searches to find out how to dispose of the body.
The agency raided several locations in Delhi and Uttar Pradesh and busted the nefarious nexus, officials said, adding that Manish Rawat, the neurosurgeon, was arrested in the early hours of Thursday.
'If Threads doesn't become a distinct identity, and just a text version in the shadows of Instagram, then it may fizzle out.'
A single application and a plethora of services for passenger cars - that is what myTVS, a brand that operates under Ki Mobility Solutions and is part of the TVS family, is set to bring to customers, in a bid to disrupt the concept of "super apps" in India. Starting July 15, myTVS will launch its connected car platform or super app called myTVS Life360 for aftermarket passenger cars. Through it, customers will be able to avail themselves of a range of services like maintenance, diagnostics, roadside assistance, accessories, payments, insurance, and so on.
The duo spent almost $400 million in 2018 on rapid expansion as well as discounting to gain new customers, and Uber Eats has managed to edge out Foodpanda by 2 million orders.
Do not share your passwords or personal information with anyone.
Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.
The parents, who submitted a complaint to the Udupi district Superintendent of Police N Vishnuvardhan, sought action against those sharing the details of the girls, including their mobile numbers, in the public domain.
Havelock should be your destination for 2024. It is love at every sight!
A division bench of Justices Gautam Patel and Neela Gokhale sought to know what constitutes a government business under the amended rules as it referred to the recent political developments in Maharashtra where "one party is moving to the other".
The app, named after the German word 'Haptik' that means the same as 'haptic' in English, is available both on the iOS and Android platforms.
Rahul Pasupalan, who was the key organizer of the 'Kiss Protests' in Kerala last year, and his model wife were among six arrested On Wednesday in connection with an online prostitution case.
The announcement came after the chief minister held a high level meeting with senior government officials on Thursday to discuss the implementation of both schemes, which are part of five poll guarantees of the Congress.
The number of internet users in rural India increased 18 percent last year, faster than growth in urban areas and continuing a trend that started two years ago. Internet users in urban India increased 5 percent in 2021. Rural India has 351 million users, or 37 percent of people there, according to a report by the Internet and Mobile Association of India (IAMAI) and data analytics company KANTAR.
One of Britain's leading daily newspapers, The Independent, on Friday announced it will end its print edition and switch to 'digital only' mode from next month amid falling readership.
rediffGURU Aruna Agarwal, a qualified child psychologist and behaviour therapist with over 20 years of experience, offers expert parenting advice.
Obesity in women triples infertility risks; shedding just 5 per cent of body weight can aid fertility. In men, obesity disrupts hormones crucial for sperm count and mobility, contributing to a third of male-related infertility, points out gynaecologist Dr Divya Vora.
In a world without politics, time zones would change by an hour for a shift of 15 degrees of longitude. But, of course, political considerations apply, explains Devangshu Datta.
The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.
MySmartPrice has been growing about 100 per cent a year and is profitable.
Aumkareshwar Thakur (26) will be prosecuted under section 196 of the Criminal Procedure Code, which pertains to prosecution for offences against the State and for criminal conspiracy to commit such offence.
'Does anyone understand India?' 'Does anyone have a larger perspective for India as a whole?' 'Today we have rulers who do not understand the ruled.'
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
India's consumer digital economy which was pegged at $85-90 billion in calendar year 2020, is expected to become a $800 billion market by 2030, according to reports released by consulting firm RedSeer at its flagship event Ground Zero 5.0. The digital economy includes 60 per cent of travel, 40 per cent non-grocery retail, 30 per cent of education, 25 per cent of food and beverages services and 6 per cent of pharma/grocery going through digital channels by calendar year 2030. Online retail is set to become the third-largest market by scale by CY30 with an annual gross merchandise value (GMV) of $350 billion in CY30, said RedSeer.
E-commerce firms Amazon, Flipkart, and others are expected to witness blockbuster festival season sales of around $9 billion this year, surpassing pre-pandemic sales of $5 billion in 2019. The pandemic has accelerated the shift to e-commerce, with more consumers shopping online at a higher frequency than last year, observed analysts. This year's festival sales (gross merchandise value or GMV) are expected to grow 30 per cent year-on-year (YoY) to $4.8 billion during the first week of the season and potentially clock over $9-billion GMV during the whole festival month, revealed consulting firm RedSeer's e-commerce festival season report.
Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.
