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Yesterday’s big news was related to GDP. GDP stood at 7.8% in the first quarter of this year i.e. April-June. RBI’s estimate was 7%. It had grown at the rate of 6.9% in the same quarter a year ago.
At the same time, fintech company PhonePe has started a new payment service for users using feature phones from today. The company has launched ‘PhonePe UPI 123Pay’ feature, through which UPI transactions can be done without internet connection.
Before tomorrow’s big news, these are today’s headlines…
- There may be a rise in the stock market today.
- There was no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Indian economy grew faster than RBI’s estimate: GDP growth in the first quarter was 7.8%; Impact of growth in IT-real estate sectors
Despite rising inflation due to ongoing tensions in West Asia, India’s economy remained stronger than RBI’s estimates. GDP stood at 7.8% in the first quarter of this year i.e. April-June. RBI’s estimate was 7%. It had grown at the rate of 6.9% in the same quarter a year ago.
Finance, real estate, IT and professional services sectors witnessed a growth of more than 12%. Due to this, inflation did not affect GDP growth. These figures were released by the Statistics Department of the Central Government on Monday.
Click here to read the full news…
2. Now you can make UPI payment through PhonePe even without internet: More than 20 crore users using feature phones will benefit; 3. Currently this feature is available only in BHIM UPI
Fintech company PhonePe has started a new payment service for feature phone users from today. The company has launched ‘PhonePe UPI 123Pay’ feature, through which UPI transactions can be done without internet connection. Besides, help will also be available from AI voice assistance in 12 languages.
With this, PhonePe has become the first major third-party application provider in the country to launch this digital payment service for feature phone users.
Click here to read the full news…
3. Cyber fraud by showing porn apps on Facebook-Instagram: Hackers are emptying bank accounts by stealing data, Home Ministry asked to avoid 7 apps
A new pattern of making people victims of fraud through advertisements on social media has emerged. The National Cybercrime Threat Analytics Unit (NCTAU), the cyber wing of the Home Ministry, has issued an advisory.
The investigating agency has found that fraudsters are emptying people’s bank accounts by running advertisements of porn apps on Facebook and Instagram. The government has asked to remain alert regarding this fraud targeting smartphone users.
Click here to read the full news…
4. AI will become more intelligent than humans next year: Musk said – will do digital work in a jiffy, will become a big threat to internet and hacking
The world’s richest businessman Elon Musk says that AI is rapidly gaining human-like understanding. By the end of next year, it will surpass humans in computer and internet related tasks. Musk said this while replying to a post on social media.
Click here to read the full news…
5. Petition demanding disclosure of ethanol percentage at petrol pumps rejected: Supreme Court said – go to the competent authority; Fear of malfunction in old vehicles due to E20 fuel
The Supreme Court has rejected the petition demanding to write the quantity of ethanol on the nozzles of petrol pumps. The court asked the petitioner to approach the concerned competent authority in this matter. Today on August 31, the court has rejected this petition.
Click here to read the full news…
Also see who are the top 10 richest people in the world…
Know the condition of stock market and gold and silver on Monday…
Know the latest price of petrol, diesel and domestic gas cylinder…
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