Pakistan Block Trade With India:Diplomatic Relation Downgrades

Pakistan downgraded diplomatic relations and suspended bilateral trade with India after New Delhi revoked seven decades of autonomy for the disputed Muslim-majority state of Kashmir.

Prime Minister Imran Khan’s government announced Wednesday a series of measures to oppose what it called “unilateral and illegal actions” by India. He also said Pakistan will take the matter to the United Nations Security Council and ensure the army remains vigilant. India’s foreign ministry didn’t respond to a request for comment.

1-Downgrading of diplomatic relations with India.
2-Suspension of bilateral trade with India.
3-Review of bilateral arrangements.
4-Matter to be taken to UN, including the Security Council.
5-14th of August to be observed in solidarity with brave
Kashmiris. #StandwithKashmir pic.twitter.com/v06GmMc5lG

— Govt of Pakistan (@pid_gov) August 7, 2019

India on Monday revoked Article 370 of the Constitution to withdraw the special status given to Jammu and Kashmir and bifurcated the state into two Union Territories — Jammu and Kashmir, and Ladakh.
While India’s High Commissioner Bisaria is in Islamabad, his Pakistani counterpart Moin-ul-Haq is yet to take charge in New Delhi.
A statement issued after the NSC meeting read that the Committee discussed situation “arising out of unilateral and illegal actions” by the Indian government, situation inside Jammu and Kashmir and along the Line of Control.

Pakistan is desperate to bring the international community into this discussion,” he said. “It is hoping that by raising the stakes it would be able to force others to respond.”

India’s exports to Pakistan too have dipped by about 32 per cent to $171.34 million in March. However, exports had increased by 7.4 per cent to $2 billion during 2018-19.

During April-June this fiscal, India’s global exports stood at $314.7million. The main products being exported by India include organic chemicals; cotton; nuclear reactors, boilers; plastic products; tanning or dyeing extracts; cereals; sugar; coffee, tea; articles of iron and steel; copper and footwear.

India had also revoked the MFN (most favoured nation) status to Pakistan in the aftermath of the terror attack. The country has repealed a security exception clause of the World Trade Organisation (WTO) to withdraw this status. Both the countries are member of this body.…

A Merger Of 2 Dth Giants:Dish TV With Airtel Digital TV

Bharti Airtel, Dish TV and Warburg Pincus have reached agreement over merger, working upon modalities.

Sunil Bharti Mittal’s direct-to-home arm Airtel Digital TV, private equity firm Warburg Pincus and Dish TVNSE 0.21 % have reached an agreement for merger and a formal announcement is expected in 4-6 weeks, two people with direct knowledge of the development told ET.

Together, Airtel Digital TV merger Dish TV will create the world’s largest TV distribution company with about 39 million subscribers and over 61% share of India’s DTH market.

Airtel dth merger with dish tv

In the July month when the talks about the Airtel Digital TV and Dish TV merger moved ahead, the Warburg-Singtel duo were offering the share price of Rs 35 per share. At this price, the buyers were looking towards a 57.52% stake in Dish TV. At the proposed share price, Dish TV would have received Rs 3,707 crore, but Dish TV had remarked that it was looking for a much higher price of Rs 45 per share. This would have netted the Essen Group Owned DTH company Rs 4,766 crore. In the meantime, the shares of Dish TV India have been falling, and the market has been seeing big corrections in the prices. If the merger goes through then together, Airtel Digital TV and Dish TV will be able to fend off Reliance Jio and its pursuit of conquering the DTH and broadband sector.

NOW BECOMES WORLD’S BIGGEST DIRECT TO HOME CABLE TV SERVICE PROVIDER.

Airtel Becomes No 2 By Beating Voda-Idea

Focus on data subscribers and weeding out low revenue customers have helped Bharti Airtel, while its peer Vodafone Idea could not implement the strategy.

However, network and content costs are on the rise for Bharti as it witnesses a steady rise in mobile data customers.

Further, Airtel’s reported mobile revenues for the April-June quarter (Q1) was Rs 10,866 crore.

This makes it the number 2 player after Reliance Jio in terms of mobile services revenues, analysts claimed.

Airtel Becomes No 2 By Beating Voda-Idea

Vodafone Idea, which does not share the break-up of revenues, reported an overall revenue figure of Rs 11,269 crore for Q1.

Adjusting for it, the mobile service revenues for Vodafone Idea would be Rs 10,669 crore, making it the third-largest telecom firm by mobile revenue after Jio’s figure of Rs 11,679 crore.

Bharti Airtel lost only 1.5 million subscribers in June quarter, against 14 million subscribers lost by Vodafone Idea.

Airtel had managed to keep operating expenditure costs under control over the past two years, with only 7.5 per cent growth YoY.

The aggressive spending on content has, however, converted to rapid growth in Airtel’s 4G base in the past one year.

In Q1 FY19, Airtel and Vodafone Idea had almost equal, roughly 58 million, 4G subscribers.

In Q1 of 2019-20, Airtel raced ahead to 95 million subscribers, 11 million ahead of Vodafone Idea’s.

While Vodafone Idea gained 4 per cent in terms of average revenue per user (ARPU), even as it lost 14 million subscribers, Airtel registered an industry-best ARPU of Rs 129 for Q1, a 5 per cent growth.

In the bargain, it only lost 1.5 million subscribers.

Analysts see this as a positive sign.

Airtel was able to retain its top slot in the market in terms of revenue, as its top line was up 2.8 per cent at Rs 15,345 crore.

Vodafone Idea posted revenues of Rs 11,269.9 crore in Q1 and Jio’s revenues were Rs 11,679 crore. Bharti Airtel’s India revenue is an integrated number comprising wireless, landline and broadband services.

In Q1 of the current financial year, Airtel’s mobile revenues witnessed YoY growth of 3.7 per cent.…

Filing An Online Claim For Provident Fund Withdrawal

The Employees’ Provident Fund Organisation (abbreviated to EPFO), is an organization tasked to assist the Central Board of Trustees, a statutory body formed by the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment, Government of India.

On 1 October 2014, Prime Minister of India Narendra Modi launched Universal Account Number for Employees covered by EPFO to enable PF number portability.

Here are some requirements to file PF online:

epf

In order to file an online claim, subscriber should have activated his/her Universal Account Number (UAN) and the mobile number used for activating UAN should be in the working condition. Subscriber’s Aadhaar details should be seeded in EPFO database. Member’s bank account along with IFSC code should also be seeded in EPFO database. Permanent Account Number (PAN) should be seeded in EPFO database for PF (Provident Fund) final settlement claims in case his/her service is less than 5 years.

Members whose total service is  between  9.5years to 6 months can use this form.Members date of joining is should also available in EPFO database.

EPF Withdrawal Online Procedure

Step 1- Sign in to the UAN Member Portal with your UAN and Password.

Step 2- From the top menu bar, click on the ‘Online Services’ tab and select ‘Claim (Form-31, 19 & 10C)’ from the drop-down menu.

Step 3- Member Details will be displayed on the screen. Enter the last 4 digits of your bank account and click on “Verify

Step 4- Click on “Yes” to sign the certificate of undertaking and proceed further

Step 5- Now click on the “Proceed for Online Claim” option

Step 6- Select “PF Advance (Form 31)” to withdraw your funds online

Step 7 – A fresh section of the form will be opened from where you have to select the “Purpose for which advance is required”, the amount required and the employee’s address

It is worth noting that all options for which the employee is not eligible for withdrawal will be mentioned in red.

Step 8 – Tick on the certification and submit your application

Step 9 – You may have to submit scanned documents depending on the purpose for which you have filled the form

Step 10 – Your employer has to approve your withdrawal request after which the money will be withdrawn …

Pocophone head and Xiaomi global spokesperson quit organisation

Highlights:

  • Xiaomi Global Spokesperson Donovan Sung has also resigned the company.

  • Pocophone global head has quit the company.

  • Mani’s twitter description notes “Ex-Product Manager of POCO phone and Xiaomi India.”

xiomi

Not just Mani, Xiaomi Global Spokesperson Donovan Sung has also quit the company.

Sung announced his exit from the company via an  Twitter post. He wrote Thanks Manu! It’s been an amazing 5 years working together. So many fun memories as @XiaomiIndia became the most loved technology brand in the country!Keep up your infectious smile, and looking forward to seeing what’s next for Xiaomi India!

In the same post, sung mentioned that he will be joining Google to help advance the company’s payments initiatives in emerging markets. “I’ll be joining @Google in Singapore to help advance Google’s payments initiatives in emerging markets. GooglePay a google’s payment option has made great progress in India, and I’m excited to continue the mission of bringing cutting-edge technology innovation to the next billion users, Sung mentioned in the Twitter post.

He also said that, “I’m forever thankful to Lei Jun and the Xiaomi leadership team for giving me the opportunity to join this rocket ship. In the past 5 years, we’ve expanded to 80+ countries and built a global community with hundreds of millions of fans.

We’ve been India’s #1SmartphoneBrand for 7 consecutive quarters, and I’ll always remember our first global Mi Pop in Mumbai where we danced onstage with India Mi Fans. I’ll also remember visiting landmarks like the Taj Mahal & pyramids, which I wanted to visit since I was a kid.” He finally said, “After much consideration, I decided that now is the right time for me to move to the next phase of my journey.”…

RBI to cut Interest rates again in August

The last time the RBI delivered so many back-to-back cuts was after the global financial crisis over a decade ago.

The Reserve Bank of India (RBI) is set to cut interest rates in August by the fourth meeting , according to a Reuters poll of economists, a majority of whom said risks to their already-modest growth forecasts were skewed more to the downside.

80 percent of 66 economists in the July 17-24 poll expected the RBI to cut its benchmark repo rate by 25 basis points to 5.50 per cent at the August 7. Three respondents predicted a 50 basis points cut and the remaining 10 forecast policy on hold.

RBI interest rates

Gareth Leather said that they are going to cut rates in august and again due to the low growth and weak inflation rate of the country.

Reserve Bank Of India India’s inflation growth has remained low which is below 4% and not expected to rise over 2021.

India losing its title as fastest growing economy to china as it is expected to rise at 5.8% and upto 7.2% till march 2021.

Annual growth is also lowered to 6.8% of this fiscal year which is far lower than what IMF projected (7.0%).

India’s economy continues to show weak growth momentum. We believe that while recovery is nascent, maturity is still a far way off,” said Rini Sen, India economist at ANZ.

a majority of economists said no when asked whether the Reserve bank of india should consider core inflation instead of retail inflation as the main measure for its monetary policy framework.…

Airtel Offers A Massive Discounts On Dth Connections:Offers Additional Benefits Of 1000Rs

Airtel has reduced the prices of its set-top boxes in the country.Also offering a additional price benefits for existing subscribers.

Highlights:

  • The HD Set top box which usually costs 1953, now costs 1453
  • Airtel is also provides additional benefits of 1000rs.
  • Subscribers will get a bundle of 150 channels extra.

Airtel Offers A Massive Discounts On Dth Connections:Offers Additional Benefits Of 1000Rs

The Operator is currently preparing to offer as many benefits as possible to tackle the possible incoming threat from Jio’s upcoming TV service. Hence, all major players such as Dish TV, Tata Sky, Airtel Digital TV and Hathway have been offering a lot of benefits.

Tata Sky recently reduce the price of its set-top boxes in order to generate more interest from subscribers. Following on the footsteps, Airtel has also introduced a similar plan for its own set-top boxes.

Similar to tata sky, airtel also slashes its set top box prices across the country.

The basic HD set-top box, which costs Rs 1,953, is available for Rs 1,453, so company is giving discounts of rs 500.

Along with the reduced price for the HD set-top box, Operator is also bundling benefits worth Rs 1,000 to the subscribers.

Airtel Internet tv set top box now costs 2269 Rs(excluding NCF,Installation,Other Charges) which includes pack of Rs 452/month.

For existing Airtel Digital TV subscribers who want to upgrade to the HD box, they will have to pay Rs 699 for the set-top box with Rs 150 service charge.

If the subscriber wants to upgrade to the Internet TV box, the subscriber will have to pay Rs 1,999 along with Rs 250 as service charge.

The Internet Tv Box is smart set up box from which we can also enjoy services like netflix and prime directly from their tv.The box Also stream 4k resolution.This mnc is tried getting harder to attract customers befor jio come to the market with its dth services.…

How to check your EPF balance: Via EPF Portal, Umang App, SMS, Missed Call

  • You don’t have to wait for your employer to share the PF statement at the end of the year to know the PF balance.
  • You can check the balance using the Umang App, EPFO portal, EPFO app, sending an SMS, or by just giving a missed call.

Every month your employer transfers some amount into your EPF account along with your contribution. The EPF passbook reflects the total amount in your EPF account along with the details of the monthly contributions made by you and your employer. Some amount is also deposited in the Employees’ Pension Scheme or EPS, which will be shown separately in the EPS column.

Earlier, employees had to wait for their employer to furnish their EPF statement at the end of every year but now they can easily check their EPF balance both online and offline. There are two online methods :

The offline methods available for the customer are :

  • SMS
  • Missed call service

Let us find out how to check EPF balance in detail –

I. Using the Umang app
Employees would now be able to view their PF balance on mobile phones with the help of Umang app. Umang app was launched by the government last year and provides access to various government services at one place.One can view EPF Passbook, raise claim and even track Claim using the app. To get started, you need to complete a one-time registration using your mobile number. 

II. Using the EPFO portal 
Instead of the unified portal, users will now be able to access their PF passbooks on a different website run by the EPFO. The unified portal can, however, still be used for transactional services like transfers. 

Step 1: The member passbook is available at www.epfindia.gov.in 

Step 2: Click on ‘For Employees’ under ‘Our Services’ 

Step 3: Click on ‘Member Passbook’ under ‘Services’ 

It will take you to the page as below. 

Alternatively, you can directly go to the page: 

https://passbook.epfindia.gov.in/MemberPassBook/Login.jsp 

To access the passbook, make sure your UAN is activated by the employer. Remember, UAN is provided by the EPFO but it has to be verified and activated by your employer. So, if yours has already been activated, use it along with your password to log in and check your passbook balance. 


The passbook facility is not available for members of establishments that are exempt under the EPF Scheme, 1952. If you still try …

Mother’s Day 2019: How To Make Mothers Feel Special?

On Mother’s Day, take time out from your busy schedule and make it a gala affair for your mothers. There are a lot of options a person can choose from to surprise their mothers. Apart from the regular way of giving greeting cards and arranging chocolates, cakes and flowers, one can make them feel special by giving a little personal touch by exercising unique and interesting options.

Handwritten notes, letters or poems can prove to be a big hit. In these notes and letter, one can express how much their mothers mean to them and appreciate the many sacrifices they have made. She will not only treasure these personalized notes but will hold them close to her heart.

Take your mother down memory lane by gifting her a custom-made scrapbook that contains loved up pictures of her and you from over the years.

While there are several gifts that you can give to your mothers, a weekend getaway will surprise her for sure. Stealing her away from her routine of daily chores, that she remains busy, will surely rejuvenate her energies.

One can take time off and spend quality time with their mothers. Cook her a “meal-to-remember” surprise by keeping her likes and dislikes in mind. She will fondly recall this moment for all times to come.

On Mother’s Day, you can lend a helping hand, support and back all those mothers in need. One can make them special by donating utility articles, organize meals for them and present them gift coupons along with hand written notes giving them compliments about their efforts.…

Google honours haematologist Lucy Wills with a doodle on 131st birth anniversary

Google is commemorating English haematologist Lucy Wills with a cutesy doodle on her 131st birth anniversary.

Born in England, in 1888, she is best remembered for her exemplary research work into the prevention of prenatal anaemia. It was her research that led to the creation of a prenatal vitamin that helps prevent birth defects.

Google doodle Lucy wills

This vitamin is folic acid, a man-made form of folate, a B-vitamin which occurs naturally in dark green vegetables and citrus fruits. It is important for forming red blood cells. When taken by women before and during pregnancy, it can help prevent birth defects in the baby’s brain and spinal cord.

Wills was the first one to bring this to the fore with her research paper about anemia in pregnant women in India.

She earned her first honours degree in botany and geology at Cambridge University’s Newnham College in the year 1911. In 1914, she became involved in medicine – when she volunteered as a nurse in Cape Town when the first World War broke out. In 1915, she enrolled at the London School of Medicine for Women and became a legally qualified medical practitioner in 1920, earning bachelor degrees in medicine and science.

It was while she was researching in India on anemia in pregnant women, she figured out that there is a correlation between their dietary habits and the likelihood of their becoming anemic during pregnancy.

During a lab study, she found out that a monkey’s health improved after being fed a breakfast spread, Marmite. Further research proved the factor to be folic acid, which is now recommended to pregnant women all over the world. This discovery is known as the ‘Wills Factor’.

She spent the remainder of her life travelling and researching on the impact of nutrition on pregnancy, before she passed away on 16 April, 1964.