While the rest of the world is still recovering from their Black Friday hangovers, Flipkart recently announced yet another sale on mobile phones. The online retailer’s Big Shopping Days sale is already underway and will end on December 5, 2019. The sale is bringing some excellent deals across smartphones across all price segments.So, let’s take a look at some of the best deals on offer during this sale.The highly successful Realme 5 Pro and Vivo Z1 Pro are currently available for Rs 12,990 and Rs 12,990, respectively. Moreover, there’s an additional Rs 1,000 discount on all prepaid transactions or a 10-percent discount on HDFC bank credit and debit cards as well as EMI transactions.Close If you are looking for better mid-range options, the Vivo Z1x, Realme XT, and Realme X are priced starting from Rs 14,990, Rs 14,999, and Rs 15,999, respectively. Additionally, the Redmi K20 with the Snapdragon 730 SoC is now available from Rs 19,999. For the stock Android experience, … [Read more...] about Flipkart’s Big Shopping Days sale: Google Pixel, Realme and Vivo phones available at a discount
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Banking sector weekly wrap: Jet Airways on sale; RBI’s woes over stressed assets and big ticket bank mergers
It's the start of FY20 and complications in massive debt resolution plans after the Supreme Court scrapped the central bank's circular out of the blue, and a lack of liquidity guidance from the policy review ahead of elections have thrown lenders into a tizzy. If this is a preview of things to come in future, banks are set for a roller-coaster ride this year.As for customers, the wait for lower monthly loan installments just got longer while big ticket mergers in the banking space may need some adjustments on their part as well.Lenders to Jet Airways invite bids for stake saleClose The State Bank of India (SBI)-led consortium, on April 6, invited Expression of Interest (EoI) from prospective parties for acquiring a majority shareholding in the debt-burdened Jet Airways. related news Won't hesitate to prevent collapse of any large NBFC, says RBI's Shaktikanta Das Why RBI's status quo was in the offing Top 5 reasons why Sensex fell after RBI leaves rates unchanged The window … [Read more...] about Banking sector weekly wrap: Jet Airways on sale; RBI’s woes over stressed assets and big ticket bank mergers
Citibank brings in paperless payment system for cardholders
Citibank India today announced a new paperless mobile payment system for all credit and debit card customers in India that would do away with the charge slips. The development makes Citibank India the first country franchise within Citigroup to launch an industry innovative mobile payment solution, which has been developed with its technology partner Ezetap. Citibank said in a statement it has already partnered with seven leading brands for the launch of this service in India, where it would help its more than 320 million card customers to make payments through their debit and credit cards at the point of payment. The new payment solution would help customers purchase a wide range of goods and services, pay insurance premiums, mobile phone bills, recharge mobile phones or buy movie, theatre and event tickets at the convenience of their home or office with their cards. Expect lesser restructuring & … [Read more...] about Citibank brings in paperless payment system for cardholders
RBI Monetary Policy: A quick read of the policy document
Moneycontrol BureauThe Reserve Bank of India (RBI) left the repo rate unchanged in its December policy review while maintaining accommodative stance, as it expects past monetary easing and measures taken by the government to feed into the real economy gradually.All six members of Monetary Policy Committee (MPC) voted in favour of a pause, the central bank said in a statement on December 5.Close To catch all the action from the Monetary Policy Meet, click here related news RBI Credit Policy | To issue draft norms for cooperative banks to strengthen safety of deposits Households expect inflation to rise, businesses see weak demand: RBI survey RBI Credit Policy | Monetary Policy Committee raises consumer inflation target for October-March to 4.7-5.1% Following are the key takeaways from the monetary policy:On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 5, 2019) decided to:- … [Read more...] about RBI Monetary Policy: A quick read of the policy document
Beth Comstock and Rachel Shechtman talk shop
Rachel Shechtman and Beth Comstock are unlikely confidantes. Shechtman reimagined retail with Story, a Manhattan boutique she founded that presents themed installations, or “stories,” many of which are sponsored by companies. Comstock ascended to the top of General Electric, becoming its first female vice chair and one of the most powerful leaders in business. Recently, the two experienced something of a role reversal. Comstock left GE during a management shake-up, while Shechtman went corporate: Earlier this year, she sold Story to Macy’s and became its brand experience officer. Here, the pair discuss the benefits (and risks) of corporate-entrepreneurial collaborations, and what they’ve learned from each other. advertisement advertisement Shechtman and Comstock had known each other for years, but their friendship began in earnest in 2011 when GE agreed to sponsor a curated “experience” at Story. Beth Comstock: Rachel is the most … [Read more...] about Beth Comstock and Rachel Shechtman talk shop