India's smart home security camera market grows 116%

07 Aug, 2022

New Delhi, Aug 7 (IANS) India's smart home security camera market grew 116 per cent (year-on-year) as consumers are now more concerned about safety inside their premises, a new report has said.

MORE NEWS

Crack down on OPPO, Vivo, Xiaomi can push them to leave India: Chinese state media (06 Aug, 2022)

New Delhi, Aug 6 (IANS) For Chinese processing and manufacturing enterprises that originally tried to make India an overseas product-processing centre, if it is indeed increasingly difficult and unprofitable to operate in the country, then withdrawing from India is also an available option, state-run Global Times has said.

India's forex reserves rises after 4 weeks of fall (06 Aug, 2022)

Mumbai, Aug 6 (IANS) India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market.

Alibaba lays off nearly 10K employees amid poor sales (06 Aug, 2022)

Beijing, Aug 6 (IANS) Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.

Will high interest rate regime coexist with equity market uptrend? (06 Aug, 2022)

Mumbai, Aug 6 (IANS) The interest rates and the equity market have an inverse relationship, but this time it has proved wrong because even after the Reserve Bank of India (RBI) hiked repo rate by 50 basis points, the equity market have jumped.

Crypto firm Binance says it doesn't own India's WazirX after ED raids (06 Aug, 2022)

New Delhi, Aug 6 (IANS) India-based crypto platform WazirX has courted massive controversy, first after Enforcement Directorate (ED) raids on its parent company Zanmai Lab and then world's largest crypto exchange Finance completely disowning the Nischal Shetty-run platform.

Paytm's revenue jumps 89% to Rs 1,680 crore in Q1 FY23 (05 Aug, 2022)

New Delhi, Aug 5 (IANS) Digital financial services giant One97 Communications, that operates the brand Paytm, on Friday reported its Q1FY23 results, where it saw a massive jump in revenue from operations driven by strong monetiSation in payments, device subscriptions and accelerated adoption of high-margin businesses such as lending.

'No GST on Sarais run by SGPC or other religious bodies' (05 Aug, 2022)

New Delhi, Aug 5 (IANS) AAP Rajya Sabha MP Vikramjit Singh Sahney said on Friday that the MinisÂtry of Finance and the Central Board of Indirect Taxes and Customs (CBIC) have clarified thÂat there will be no GST applicable on 'Sarais' (inns) owned by Shiromani Gurdwara Parbandhak Committee (SGPC) or other religious bodies.

CAG report reveals multiple settlement of claims, excess payment by public sector insurers (05 Aug, 2022)

New Delhi, Aug 5 (IANS) Public sector health insurance companies lacked appropriate validation checks and controls resulting in lapses such as multiple settlement of claims, excess payment over and above the sum insured, incorrect assessment of admissible claim amount, irregular payments on implants and others.

Rise in Repo rate likely to hurt homebuyers' sentiment (05 Aug, 2022)

New Delhi, Aug 5 (IANS) Increase in repo rate by 50 basis points by RBI leading to short term interest rate spike is likely to hurt the homebuyers' sentiments. While real estate developers are conscious about the inflationary pressure building up with the spiralling economic discord, they will chalk out deal sweeteners on the back of festive tailwinds.

Loan EMIs to rise as RBI increases repo rate by 50 bps (05 Aug, 2022)

Mumbai, Aug 5 (IANS) The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 per cent to contain inflation.