Indian fintech sector funding plunges 63% in 2023: Report

New Delhi (IANS) India's fintech sector saw funding plunge 63 per cent in 2023 -- at just $2 billion -- from $5.4 billion raised in 2022, a report showed on Thursday.

InCred was the only unicorn created in 2023, while the fintech sector…

IndiGo announces to remove fuel charges after reduction in ATF

New Delhi (IANS) Budget carrier IndiGo on Thursday announced the removal of fuel charge applicable on its on domestic and international routes.

The fuel charge had been introduced in October, 2023, following a surge in Aviation Turbine Fuel…

itel launches A70, India’s 1st smartphone with 256GB storage and 12GB (4+8) RAM at just Rs 7,299

New Delhi (IANS) itel, the most popular sub-Rs 10,000 smartphone brand in India, on Wednesday launched the country's first phone with 256GB storage and 12GB RAM through memory fusion at just Rs 7,299, marking a significant leap into 2024.
…

AI will be at the forefront of smartphone tech transformation: Industry

New Delhi (IANS) Artificial Intelligence (AI) will significantly transform the IT and technology sector, including upcoming smartphones, in India and will play a crucial role in enhancing battery life, improving camera quality and boosting voice assistant…

Hindustan Unilever shares down after Rs 447.5 cr GST demand

New Delhi (IANS) Hindustan Unilever has made a disclosure regarding the Orders passed by Deputy Commissioner of Commercial Tax Officer, Bengaluru, Additional Commissioner, Central Tax and Central Excise, Kochi Commissionerate, Joint Commissioner,…

Passenger vehicles remain flat in Dec as entry-level segment remains a drag

New Delhi (IANS) In passenger vehicles, despite a strong growth of 15 per cent YoY for UVs, overall PVs remained flat in December YoY due to sluggishness in the entry level segment, says a report by Motilal Oswal Financial Services.

Commercial…

Sensex down more than 500 points

New Delhi (IANS) Equity benchmarks sank on Tuesday with selling emerging at higher levels.

BSE Sensex was down 559 points at 71,712 as heavyweight stocks came under selling pressure.

Ultratech Cement was down more than 3 per cent, M&M,…

GST collections rise 12% to touch Rs 14.97 lakh crore in April-Dec

New Delhi (IANS) The government's Goods and Services Tax (GST) collections increased 10 per cent year-on-year in December, 2023 to Rs 1.65 lakh crore, the Ministry of Finance said on Monday.

The gross GST collection for April-December 2023…

Electronic goods production in India to hit $115 bn in FY24, mobile phones at $50 bn

New Delh (IANS) The total production of electronic goods in India in FY23-24 is likely to reach $115 billion, buoyed by mobile phones’ local production which is estimated to exceed $50 billion in the current fiscal year, said the India Cellular and…

Mobile phone exports at Rs 75,000 cr till Nov, on way to cross Rs 1,24,000 cr in FY24

New Delhi (IANS) Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year, industry data showed on Sunday.

This stupendous…