A pregnant woman in Saharanpur was allegedly asked to leave a hospital in Saharanpur in the middle of the night by the staff, following which she gave birth to a boy in an e-rickshaw, the police said yesterday. Ms Munawar, who was in labour, was admitted to the district woman's hospital on the night of August 14 but was later asked to leave without being examined, SP Saharanpur (Rural) Vidya Sagar Mishra said. While her husband was taking her in an e-rickshaw to another hospital, she gave birth to the boy in the vehicle. She was admitted to a private hospital later, he said. Ms Munawar's husband lodged a complaint with the police and demanded action against the hospital, Mr Mishra said. A case was lodged in Janapuri Police Station. The matter was being probed, he added.
Xiaomi will launch flash sale of its cheapest smartphone Redmi 4A on Amazon today. The sale will start at Amazon India website at 12 pm.The device is priced at Rs 5,999 which makes it one of the cheapest 4G smartphones in the market. The handset will be available for customers along with various offers. The firm is offering customers Mi cases for their Redmi 4A handsets at Rs 299 (original price Rs 399). Mi basic headphones can also be bought at Rs 599. The Redmi 4A buyers interested in Reliance Jio can get additional 30GB 4G data with the purchase of this device. Those who buy the phone will be offered Rs 200 in credit for Kindle books. The offer is available for the first 100,000 customers only. The smartphone belongs to the company's budget Redmi smartphone range and features a 5inch HD display. This is a dual SIM smartphone powered by 1.4GHz qual-core Snapdragon 425 processor and is paired with 2GB of RAM. It will be available in 16 GB storage capacity with expandable storage of up to 12GB. The Redmi 4A packs in a 3,120mAh battery and includes connectivity options such as 4G, VoLTE, WiFi, Bluetooth 4.1, GPS, IR port and FM radio. It sports a 13MP rear camera with f2.2 aperture that is capable of full HD video recording and a 5MP front facing camera. It runs on MIUI 8 based on Android 6.0 and has support for 13 Indian languages.
Power Minister Piyush Goyal said India will probably be the first country in the world to use LEDs for all lighting needs by 2019, which would help the nation save over Rs 40,000 crore a year. State-run Energy Efficiency Services Ltd (EESL) today inked pacts with oil marketing companies IndianOil, Bharat Petroleum and Hindustan Petroleum for selling its LED bulbs, tubelights and fans at over 54,500 petrol pumps. "This effort will help us ... India will probably be the first country in the world which will be 100 per cent using LED for its lighting needs by 2019. It will be message that India acts rather than making big promises," the minister said at a function to ink the MoUs. The minister later clarified that all those consumer buying these products would not get EMI facility. The facility is being launched at petrol pumps in Delhi initially. In the first phase, distribution of energy efficient equipment will commence from the states of Uttar Pradesh and Maharashtra. The retailing of these products would eventually be done at all petrol pumps across the country. On this occasion, Oil Minister Dharmendra Pradhan said that petrol pumps would soon have common service centres (CSC) of the IT ministry. The CSC provides basic online services at one point including Aadhaar enrolment/updation and payment of power and telephone bills. Pradhan said that since ATM, retail facilities are already available at petrol pumps, the CSCs would make the place one stop solution for day to day requirement of the commoners. As part of the MoU with OMCs, EESL will make the entire upfront investment for ensuring availability of the products at the outlets and no upfront capital cost will be borne by the OMCs barring manpower and space. The consumer can purchase high quality 9W LED bulbs for Rs 70, 20W LED tubelight for Rs 220 and five-star rated ceiling fan for Rs 1,200. Currently, over 25.5 crore LED bulbs, over 30.6 lakh LED tubelights and around 11.5 lakh energy efficient fans have been distributed in the country under the UJALA scheme. This is leading to an annual energy savings of over 3,340 crore kWh and resulting in avoidance of over 6,725 MW of peak demand. Through the scheme the estimated cumulative cost reduction in bills of consumers annually, is over Rs 13,346 crore and is leading to reduction of approximately 2.7 crore tonnes of CO2 every year. Later speaking about the Indian Bank's Association's plea seeking his intervention on the issue of cancellation of power purchase agreements (PPAs) and renegotiation of tariff, Goyal said, "These are concluded PPAs. We will respect the rule of law and every PPA would be respected."
You get a loan for almost everything under the sun these days. And the happy news now is that the loans are getting cheaper as the interest rates in the economy is on the decline. Earlier in this months the Reserve Bank of India cut its policy rate by 25 basis points. Much before that the banks had already started reducing rates offered for savings and fixed deposits. And now a further reduction in loan rate is a given. But, historically banks are known to pass on the lower rate benefit to acquire new customers while the existing borrowers simply stick on higher rate. Today we bring you three financial strategies to lower your interest rate on credit card, home loan and personal loan. There’s no doubt that credit card is the most expensive debt that one can have. It can reach to as much as 40 percent per annum. So what can you do? First try and negotiate a lower rate. This will work only if you have been a good borrower. The associate you speak on phone mostly has no authority, and may resist even taking your request. So make sure you ask the associate to forward the request to the respective department head. But then it is always better to visit the bank and make a formal request on paper. You can present your case better. It will take a couple of days before you get the answer. If your current lender is not willing to lower your interest rate, then think of switching to another card using the balance transfer facility, wherein you can transfer outstanding balance from one credit card to another. When you do a balance transfer, usually you pay a much lower interest rate on the card on which the balance is transferred. So that way, you will be able to manage or pay the monthly dues with some ease. Usually, you can do two types of balance transfers. One is the “fixed duration” option and the other is the “lifetime duration” option. The fixed duration option is a limited period offer. Here, usually you will have to pay your dues within 3-12 months. During this period, the bank offers you a lower interest rate around 0.80 percent per month or 9 percent per annum. In the lifetime option, you get a lifetime to pay back the dues. But the interest charged isn’t as low as the fixed rate option. It will be slightly less than what you pay on your regular credit card --around 1-2 percent per month or 12-24 percent per annum. However, most of the banks give limited period offer. To use the facility, you will need to give details of your current card to the new bank and do some paperwork. After the bank verifies the details and if everything is in place, it will send you a demand draft within two weeks. The draft will be for the transferred amount in favour of the old credit card bank. Remember, balance transfer is a temporary solution. It will help you lower your interest rate, but you should be careful using credit cards in the first place. Home loan When it comes to home loan, you better roll up your sleeve and start getting into bargain mode. As mentioned earlier, negotiate with your current lender for a lower rate. In short, re-negotiate your current deal. If you've been a good borrower and have been regular in servicing your EMIs, the bank might just give you a lower rate right away. To make a substantial amount of saving you will need to ensure that the new lender offers you at least 100-150 basis points lower rate. That way, you would be able to save larger sum on your loan. Suppose your outstanding loan amount is, say, Rs 50 lakh and you have 15 years left to service it at 10.15 percent per anum rate. If the new bank is ready to give you 9 percent rate, the total interest cost of remaining loan would be cheaper by Rs 6,25,803. That indeed is a big saving. If you switch at the beginning of the loan tenor, you pay a higher amount towards the interest component, while towards the end of the loan, you pay higher amount toward the principal part. You get a better deal when you switch during the initial years of the loan. One more thing to remember, if you had taken the loan after April 2016, you are already on MCLR or marginal cost of funds based lending rate. But if you had taken the loan before April 2016, you are still stuck on base rate. In that case, consider switching your loan to MCLR as it aims to be more real time, due to a pre-determined reset clause. Personal loan When it comes to a personal loan, ask your bank for a lower rate. Chances of that happening are slim to none, considering most personal loans are fixed rate loans. You could consider switching to another lender. If you want to transfer the balance to another lender, you have to pay a pre-closure fee of 2-5 percent of the outstanding amount. This could make the transfer a very expensive ordeal. An alternative way to get a lower rate is taking a loan against an asset (as they are cheaper) and paying off the personal loan. But remember it depends on specific cases. One way to reduce the outflow is to increase the EMI and reduce the tenure. This will make the total cost of the loan smaller. Of course, check if your lender allows you to do so. However, banks usually every trick possible on the customer to not lower interest rate on personal loans.
Marketing is expensive so Ali Abdullah wants to cut out the middlemen. His app, Claim it!, relaunched this week with the goal of connecting people with companies or individuals looking to give stuff away for free. "Our concept is they can promote whatever they love by just giving people something," said founder and CEO Ali Abdullah. He previously worked as a software engineer at Google, but he was homeless for a few months prior. That's how the idea for Claim it! came to fruition. Digital ad budgets reach into the billions of dollars and are still rising, but there's still doubt on whether it works. Brands don't know whether or not they're really selling anything, and more importantly to some, are they creating fans? This is what Claim it! hopes to address. The app is a social network based around a marketplace for free stuff, with no ads between posts from friends and media outlets. Individuals and brands can give and claim offers instantly or enter for a chance to win anything from product samples to show tickets. Users can discover local offers, geo-targeted nearby or they can search by zip code. They also can see a list of national offers, available to anyone, anywhere. The free products or deals are available to claim instantly, or they can be set as a chance to win, which is also told to the user immediately. Claim it! launched with brands aboard, including The Honest Company, Blue Apron, Pair of Thieves, Happy Socks, Ruby Tuesday, Skurt, and Spartan Race. Abdullah and Claim it! were featured on this week's finale of Apple's original series Planet of the Apps. While participating venture capital firm Lightspeed chose not to invest, saying they were not interested in its previous iteration, his mentor on the show Jessica Alba has continued to serve as an adviser. The app isn't just for big brands. Similar to Facebook Marketplace, eBay, or Letgo, anyone can post an offer. Unlike the competitors, there's no money changing hands. Everything is free. It takes just a few minutes to post an offer. Users take a picture, set whether they want it to be local or national, and choose claim or chance. All of it is done via a smartphone. Before the offer goes live, the user receives an email verification to help prevent any spamming or scamming. Claim it! isn't brand new. In 2015, Abdullah and his company gained attention in New York City with their pink truck that traveled around the five boroughs every week. Back then, Claim it! users could only redeem offers from the physical truck. Now, it's less about the truck—which is in Los Angeles—and instead, the business has gone virtual. "David [Pham] is our physical human-being truck," Abdullah joked about Claim It's community marketing manager. "He's on college campuses where people say, 'I would use this for a house party, for tickets.' He's getting brands on board." Pham said he's heard from some brands that they could use it get rid of excess inventory. New restaurants have told him they see potential for introducing themselves to the community with discounts. "We're driven by a community of people, driven by local businesses and brands. You can share your content, whether it’s by sampling or by giving it," Abdullah said. Claim it! had more than 400,000 app downloads from the first iteration. Abdullah said they saw a lot of attention during that time with more than 20 percent of the community using it every day. The majority of them were in New York. The app is now available anywhere in the United States—and they're not taking a cut of anything. The company, based in Newark, is supported by $2.5 million in seed funding. The round, which closed in June, was led by Newark Venture Partners with participation from Infor, former chairman and CEO of Saks Inc. Stephen Sadove, and NBA stars Thaddeus Young and Al Harrington. For making money in the future, Abdullah said they didn't plan on anything that would require charging customers. Instead, they could take a fee for offers having higher placement. "We’re confident that this marketplace is going to catch on fire," Abdullah said.
The Rolls-Royce Sweptail, a one-off coupe designed for a specific customer who likely has unfathomable amounts of cash, could be the most expensive new car ever sold at a reported $12.8 million. The car has been in the works since 2013, and, in all of its wildly expensive glory, is kind of strange looking. The Telegraph reports that the car cost around £10 million, or just over $12.8 million at current exchange rates. The outlet also reports that it’s the most expensive new car—forget about auctions or privately sold cars—ever sold, which would sound about right since the average Bugatti Chiron slots in at just under $3 million. But remember that if you have the money, a manufacturer will do just about anything for you. Dip your expensive, performance-oriented supercar in solid gold, if you want. McLaren even offers “almost limitless customization” on its 720S, except for T-tops. You won’t get any of those. The point is, the number that determines the “most expensive new car ever sold” is murky no matter how you look at it. The Telegraph is also one of the few outlets reporting the $12.8-million price, while GQ said Rolls-Royce “refused to give ... a figure, or even a hint of one.” The Sweptail buyer, described in a Rolls-Royce press release as a “connoisseur and collector of distinctive, one-off items including super-yachts and private aircraft”—like all of us, of course—went to the company and asked for a car inspired by the Rolls-Royces of the 1920s and 1930s. He asked for a coach-built coupe with a glass roof, and Rolls-Royce showed the car off at the Concorso d’Eleganza in Italy this weekend. Here’s a description of the influences on its design, written with such grossly exaggerated elegance that it’s almost hard to translate into the language of us common folk:
The grandeur, scale, flamboyance and drama of the 1925 Phantom I Round Door built by Jonckheere; the svelte tapering glasshouse, dramatic dash to axle proportion and up-sweep of the rear departure angle of the 1934 Phantom II Streamline Saloon by Park Ward; the elegantly falling waist-rail, swept tail coachwork of the 1934 Gurney Nutting Phantom II Two Door Light Saloon, and the flowing roofline, rising departure angle, and again the swept tail coachwork of the 1934 Park Ward 20/25 Limousine Coupé were all considered by today’s Rolls-Royce designers in the creation of this very distinctive motor car.We may not ever know how much the Sweptail cost its owner, but we do know what it looks like. Below are some photos and a video of the car, so you can feel thoroughly poor and unworthy on this fine Saturday. Enjoy yourselves.
Bengaluru witnessed 180mm rainfall under three hours on Tuesday, making it the heaviest downpour in August since 1890, said an official. The heavy rain wreaked havoc across the city, crippling normal life, flooding roads and houses in many localities and dampened the 70th Independence Day celebrations in the state capital. "The downpour in just three hours (3 am to 6 am) was so heavy that storm-water drains could not take the load, resulting in water overflowing on to several roads and inundating low-lying areas," Bruhat Bengaluru Mahanagara Palika (BBMP) Commissioner Manjunatha Prasad said.
The next time you readily take a plastic bag from the grocery store to carry your stuff in Delhi, make sure you also have Rs. 5,000 with you. Because that’s the price you’ll now pay for it. The National Green Tribunal (NGT) on Thursday imposed an interim ban on plastic bags thinner than 50 microns, which is less than an average human hair. The thinner the plastic, the more harmful it is for the environment. A bench headed by NGT Chairperson, Justice Swatanter Kumar, announced whoever is found in possession of these plastic bags will be fined Rs. 5,000 as an environmental compensation. Plastic bags clog sewers, choke and kill animals and are a major source of environmental pollution as they are not biodegradable. To eliminate their usage, within a week, the entire stock of plastic bags will be seized by the Delhi government, it has been ordered. Last year, disposable plastic was banned in the city to reduce dumped waste. But in June this year, the NGT criticised the government over its continued use despite the prohibition. Now, it has ordered the government to impose a strict ban on plastic and file a status report on its implementation. “These bags have zero reusable value and that’s why environmentalists were insisting upon ending its use,” Rajesh Mittal, a member of the Plastic Manufacturing Association said.
A man in Jamshedpur got a shock of his life when he received a an electricity of - believe it or not - Rs 38 billion over the weekend. Jharkhand Electricity Board has even disconnected the electricity to the house of B.R Guha, the man who received the erroneous bill Guha, who was left exasperated by the huge sum that the electricity bill cited, described that his humble abode just had three rooms and his family only used fans, a TV and tubelights. "It came as a surprise to us. We didn't anticipate this. We have a house of 3 rooms. We use three fans, three tubelights and a TV at times. How can we have such a huge bill?" he told the news agency. The Guha family has filed a complaint to the Jharkhand Electricity Board after discussing the matter with their neighbour, who seemingly helped them raise the issue. Guha's daughter Ratna Biswas expressed her frustration at the electricity board's error and suggested that it had got her parents worried. "My mother is a sugar patient and my father has pressure. It was only after our neighbors intervened that we were able to do anything," she said.
In a clarification which signals more burden on your pocket the next time you go to an AC restaurant, the Central Board of Excise and Customs (CBEC) said a uniform GST rate of 18 per cent would be charged on takeaways as well as food served from a non-AC area of a hotel or restaurant if any of its part has a facility of air conditioning. The new Goods and Services Tax (GST) regime, which was rolled out from July 1, provides for levy of 12 per cent on food bill in non-AC restaurants. However, the CBEC said in case the first floor area of the restaurant is air-conditioned and used for serving food and liquor while the ground floor only serves food and is non-AC, tax will have to be charged at 18 per cent irrespective of from where the supply is made, first floor or second floor. "If any part of the establishment has a facility of air conditioning, then the rate will be 18 per cent for all supplies from the restaurant," it said. The tax rate for AC restaurants and those with liquor licence will be 18 per cent while 5-star hotels will charge 28 per cent GST. With regard to tax rates that would be charged for take-away food from such restaurants, the CBEC said, "Tax has to be charged at 18 per cent on supplies of food made from their takeaway counter." Besides, such restaurants are also not eligible for the composition scheme as they are engaged in supplying liquor.