DHAN-VYAPAR

Samsung Galaxy Z Fold 6 Said to Offer Same Battery, Charging Speed as Galaxy Z Fold 5

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Samsung Galaxy Z Fold 6 is expected to launch later this year alongside the Galaxy Z Flip 6. Samsung usually uses its best hardware in its fold lineup and previous leaks and rumours indicated that it will arrive with substantial upgrades over last year’s Galaxy Z Fold 5. Unfortunately, the company might keep the same battery and fast charging speed for the upcoming book-style foldable smartphone.

Tipster Ice Universe (@UniverseIce) has posted the battery and charging specifications of the Galaxy Z Fold 6 on X. As per the tipster, the upcoming foldable will house a 4,400mAh battery with a charging speed of 25W, the same as the Galaxy Z Fold 5 and Galaxy Z Fold 4. This also corroborates a 3C (China Compulsory Certification) website listing.

Samsung is expected to announce the Galaxy Z Fold 6 in July in Paris. It is tipped to come with a titanium frame and could be available in three colour options — dark blue, light pink, and silver. The flagship foldable could use a Snapdragon 8 Gen 3 for Galaxy SoC and 16GB of RAM.

Last year, the Galaxy Z Fold 5 was unveiled with a starting price tag of Rs. 1,54,999 for the base 12GB RAM + 256GB storage configuration. It has a 7.6-inch QXGA+ Dynamic AMOLED 2X Infinity Flex display on the inside with an adaptive refresh rate ranging from 1Hz to 120Hz. On the cover, it has a 6.2-inch full-HD+ Dynamic AMOLED 2X display. It runs on a custom Snapdragon 8 Gen 2 Mobile Platform for Galaxy SoC under the hood alongside 12GB of RAM.

The Galaxy Z Fold 5 has a triple rear camera setup comprising a 50-megapixel wide-angle camera, a 12-megapixel ultra-wide-angle camera, and a 10-megapixel telephoto camera. It also includes a 10-megapixel camera on the cover display. It has an IPX8 rating for water resistance.


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Maruti Suzuki India elevates Tapan Sahoo to head of Digital Enterprise

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In the latest management rejig in the company, Sahoo will be responsible for chalking out strategies for new-age technology solutions for enhanced cus

In the latest management rejig in the company, Sahoo will be responsible for chalking out strategies for new-age technology solutions for enhanced customer experience, operational efficiency improvement using cutting-edge tech like AI, ML, collaboration with startups, academia etc.

Maruti Suzuki
As part of its overall growth strategy, Maruti Suzuki is also stepping up its efforts on digital technologies beyond vehicles too. (REUTERS)

In the latest management rejig in the company, Sahoo will be responsible for chalking out strategies for new-age technology solutions for enhanced customer experience, operational efficiency improvement using cutting-edge tech like AI, ML, collaboration with startups, academia etc.

As part of its overall growth strategy, Maruti Suzuki is also stepping up its efforts on digital technologies beyond vehicles too. That’s what its ‘Digital Enterprise’ was set up for in the organisation. ET Auto learns that the Digital Enterprise will now be headed by Dr. Tapan Sahoo, who held the position of ED – Engineering till March 31.

When contacted, Rajesh Uppal, Head – HR & IT and CIO till March 31, confirmed the information and said that “Tapan will lead the initiative from now”. Uppal, who is among the senior leaders to move to the Executive Committee in the management rejig last week, was the first Head of the Digital Enterprise when it was formed around 5 years ago. It is learnt that the initiative has grown manifold now.

In his new role, Dr. Sahoo, who joined Maruti Suzuki in 1991 as a GET graduate executive trainee and rose through stints in different functions on the engineering side, will be responsible for chalking out strategies for new-age technology solutions for enhanced customer experience, operational efficiency improvement using cutting edge tech like AI, ML, collaboration with startups, academia etc. He was inducted as an INAE (Indian National Academy of Engineering) Fellow last year, along with a few other engineer-leaders from some large organisations in India and overseas.

Also Read : Maruti Suzuki sees robust SUV sales growth, yet strives for more. Here’s Why

Maruti Suzuki India’s MAIL (Mobility and Automobile Innovation Lab) initiative is a major one under its Digital Enterprise. It has been set up to ‘to find innovative and cutting-edge automobile and mobility solutions’. MAIL works closely with start-ups, and in a recent move its parent invested almost INR 2 crore to pick up a 6.4 per cent stake in an AI and ML start-up called Amigo Labs.

First Published Date: 04 Apr 2024, 17:07 PM IST

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Social Media Influencer and Ankur Warikoo Shares class 12 marksheet scored only 57 marks in english says this thing

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Ankur Warikoo: कई राज्यों में 10 वीं और 12वीं क्लास के नतीजे जारी किए जा रहे हैं. जिन छात्रों को अच्छे नंबर प्राप्त होते हैं वह तो खुश होते, लेकिन जिन छात्रों को कम अंक प्राप्त होते हैं वह बेहद निराश हो जाते हैं. कई बार बच्चे आत्महत्या जैसे कदम उठा लेते हैं. ऐसे में समाज में ऐसे कई लोग हैं जो 10वीं और 12वीं में कम अंक प्राप्त करके भी जीवन में बेहद सफल हैं. आज हम आपको एक ऐसे में सोशल मीडिया इंफ्लूएंसर और आंत्रप्रेन्योर के बारे में बताने वाले हैं. अंकुर वारिकू (Ankur Warikoo)  ने अपने इंस्टाग्राम पर अपनी 12वीं क्लास की मार्कशीट शेयर की है.

इंग्लिश में मिले थे बेहद कम नंबर-

अंकुर वारिकू एक सफल आंत्रप्रेन्योर हैं जो आज करोड़ों का कारोबार करते हैं. वह सोशल मीडिया पर भी बेहद एक्टिव हैं और अक्सर लोगों को अपनी जिंदगी से जुड़ी चीजों को शेयर करते रहते हैं. उन्होंने ने अपनी 12वीं क्लास की मार्कशीट शेयर करते हुए बताया कि उन्हें 12वीं में इंग्लिश में बेहद कम केवल 57 नंबर मिले थे.

उन्होंने लिखा कि उन्हें बिल्कुल भी उम्मीद नहीं थी मुझे इतने कम नंबर मिलेंगे. मुझे हारा हुआ सा महसूस हो रहा था, लेकिन आज मुझे लोग अच्छा कम्युनिकेटर कहते हैं. आज मैं एक कॉन्फिडेंट स्पीकर के रूप में जाना जाता हूं. ऐसे में नंबर आपको क्षमता को नहीं दर्शाते हैं. केवल आप खुद अपनी क्षमता को दर्शा सकते हैं.

 


कौन है अंकुर वारिको?

अंकुर वारिकू एक बेहद फेमस सोशल मीडिया आंत्रप्रेन्योर हैं और इनका नाम भारत के टॉप कंटेंट क्रिएटर्स की लिस्ट में आता है. वह एजुकेटर के रूप में जाने जाते हैं. उन्होंने साल 2005 से ही कंटेंट क्रिएशन काम शुरू कर दिया था और आज वह देश के टॉप सोशल मीडिया इंफ्लूएंसर में से एक है. सोशल मीडिया प्लेटफॉर्म एक्स, इंस्टाग्राम पर उनके फॉलोअर्स की संख्या करोड़ों में है.

ये भी पढ़ें-

Gold Rate: 70,000 रुपये के रिकॉर्ड को पार कर गया सोना, चांदी भी 80 हजार के पास पहुंची



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Rahul Gandhi’s asset portfolio: Needs a facelift just like his politics — this is what experts say

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Among several disclosures, he also disclosed his total assets amounting to 20 crore. He has 9.24 crore in movable assets, out of which 55,000 in cash, 26.25 lakh in bank deposits, 4.33 crore in bonds and shares, 3.81 crore in mutual funds, 15.21 lakh in gold bonds and 4.20 lakh in jewellery.

We spoke to several financial experts to gauge how prudent the senior Congress leader’s portfolio is. 

They believe that the portfolio – by and large — is decent. However, just as with everything else in the world — there is a scope for improvement in Rahul Gandhi’s portfolio as well. Let us understand more about this here:

Decent portfolio  

Deepesh Raghaw, a Sebi-registered investment advisor, believes that the portfolio is quite decent but the allocation to small caps is too high.

“If I were him, I would invest 30-35 per cent in fixed-income assets. Besides, there is a huge allocation to small-cap funds, which is a risky thing to do,” says Raghaw.

There should be ideal key allocation between different asset classes viz equity, debt and gold, and from that perspective, Rahul Gandhi’s asset allocation is decent, Raghaw says. And then there should be good sub-allocation as well wherein there should be less allocation to stocks and more to mutual funds whereas the ratio is reversed, he asserts.

Notably, he has mutual funds worth 3.81 crore while allocation to stocks and bonds is higher and stands at 4.33 crore.

Is he a conservative investor?

Amol Joshi, founder of Plan Rupee Investment Service, says that it is a conservative portfolio where most of the assets are invested in property and only 20 per cent are invested in the ‘risky’ assets.

However, he believes that it is not appropriate to offer specific suggestions to improve the portfolio since he is not aware of Rahul Gandhi’s risk appetite and financial goals.

ALSO READ: Battle of Wayanad 2024: Rahul Gandhi holds shares valued at 4.3 crore. What are Annie Raja’s total assets?

However, Gandhi can still redeem 20 per cent of his allocation in regular savings debt funds (out of a total of 1.02 crore) and redeploy the assets in flexi cap funds every time the market falls by 5 per cent, Joshi adds.

Sridharan S, Founder of Wealth Ladder Direct also believes that the portfolio is far too conservative with more than 55 per cent in physical assets and the remaining in financial assets.

“It should be the other way round. An investor should ideally invest less money in real estate and more in financial ones,” Sridharan explains.

“There should be more allocation to debt assets. The ideal allocation should be 40 per cent in equity, 20 per cent in debt, 10 per cent in gold and 30 per cent in real estate with a scope of 10 per cent more,” he noted.

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Published: 04 Apr 2024, 05:48 PM IST

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Crypto Price Today: Bitcoin Price Plunge Continues, Most Cryptocurrencies Hit by Losses

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The crypto market volatility is only getting heated up by the day but is also spelling losses for majority altcoins on an almost regular basis. Bitcoin on Thursday, April 4 recorded a loss of 1.62 percent. This took its trading value to $64,354 (roughly Rs. 53.7 lakh). In the last 24 hours, the value of Bitcoin slipped by $1,134 (roughly Rs. 94,625). With Bitcoin’s next halving slated for later this month, market analysts have predicted volatility in the coming weeks.

“The largest cryptocurrency has reflected a slump in price momentum after experiencing negative net flows into the spot ETFs. The spot ETFs were the main reason for rallies during the first quarter of 2024. With just around two weeks left for halving, we can expect more volatility due to the favourable change in supply dynamics,” said Shivam Thakral, CEO of BuyUcoin, commenting on the market situation.

Ether saw a price drop of 2.15 percent on Thursday, April 4. At the time of writing, Ether was trading at $3,190 (roughly Rs. 2.66 lakh). Over the last 24 hours, the value of ETH had dropped by $72 (roughly Rs. 6,007).

“ETH like BTC also traded sideways in a smaller timeframe, with $3,200 (roughly Rs. 2.67 lakh) being a key level to hold. Tomorrow’s announcement of the US monthly unemployment rate may bring further volatility to the market,” the CoinDCX markets desk told Gadgets360.

Solana, Ripple, Dogecoin, Cardano, Avalanche, Shiba Inu, Bitcoin Cash, and Polkadot recorded losses alongside BTC and ETH.

Tron, Polygon, Litecoin, Near Protocol, Uniswap, Leo, and Cosmos also saw losses.

“While the possibility of a Fed rate cut in June has subdued gains, the consistent rise in stablecoin supply provides a strong reassurance to Bitcoin enthusiasts amid market fluctuations,” Rajagopal Menon, Vice President, WazirX told Gadgets360.

The overall crypto market cap dipped by 0.93 percent in the last 24 hours. It’s valuation currently stands at $2.47 trillion (roughly Rs. 2,06,14,496 crore), data by CoinMarketCap showed.

Meanwhile cryptocurrencies that recorded profits on Thursday included Binance Coin, USD Coin, Monero, and Bitcoin SV.


Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. 

Affiliate links may be automatically generated – see our ethics statement for details.

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BMW-powered AirCar flying car gets another step closer to mass production

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The Air Car flying car has received the Certificate of Airworthiness from the Slovak Transport Authority, giving it a push closer to the reality of ma

File photo of AirCar flying car 

A car-sized vehicle that can run on roads and fly in the skies as well, seemed a dream few years ago but with various companies globally working on such vehicles, this seems possible now. Meanwhile, Klein Vision’s AirCar flying car that uses a BMW engine, has taken a giant leap closer to getting mass produced.

The AirCar flying car made its maiden flight back in 2020 and completed its first inter-city flight in June last year and now, the vehicle has received the Certificate of Airworthiness from the Slovak Transport Authority, CarScoops reported. To achieve this milestone, the flying car underwent more than 70 hours of testing which included some series of actions and some touch and goes.

Also Read : Air taxi market may touch $1.5 trillion by 2040

With another feather in its hat, which is the new certification, the flying car is getting closer towards the final goal of mass production. “AirCar certification opens the door for mass production of very efficient flying cars. It is official and the final confirmation of our ability to change mid-distance travel forever,” Stefan Klein, leader of the development team and the test pilot told CarScoops.

Klein Vision might currently be the only company this close to real tangible production of a flying car, the publication reported. The company is aiming for the public version of the flying car to have up to 1,000 km or 621 miles of range. It is powered by a 140 hp 1.6-liter four-cylinder BMW engine and has a fixed propeller and a ballistic parachute.

Also Read : Hyundai flying car may be among first to take off, possibly by 2030

The flying car is capable of racing at a speed of 170 kmph and can fly up to the distance of 1,000 km at an altitude of 8,200 ft. The vehicle also has the ability to make some maneuvers mid-air.

Flying cars have been in discussion for quite some time and these vehicles are being considered as the future medium of city commuting and inter-city transport as the roads are becoming increasingly congested.

First Published Date: 24 Jan 2022, 10:10 AM IST

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Multibagger Stock APL Apollo Tubes jumps 8000 percent in last 10 years

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इस शेयर का भाव बीते 5 दिनों में 8 फीसदी चढ़ा है, जबकि पिछले एक महीने के हिसाब स करीब 3 फीसदी के फायदे में है. 6 महीने में भाव 1 फीसदी से ज्यादा के नुकसान में है तो एक साल में 33 फीसदी से ज्यादा के फायदे में है.

इस शेयर का भाव बीते 5 दिनों में 8 फीसदी चढ़ा है, जबकि पिछले एक महीने के हिसाब स करीब 3 फीसदी के फायदे में है. 6 महीने में भाव 1 फीसदी से ज्यादा के नुकसान में है तो एक साल में 33 फीसदी से ज्यादा के फायदे में है.

हालांकि लॉन्ग टर्म में यह शेयर जबरदस्त मल्टीबैगर साबित हुआ है. पिछले 5 साल में इसके भाव में 1 हजार फीसदी की, जबकि 10 साल में 8 हजार फीसदी की तेजी आई है.

हालांकि लॉन्ग टर्म में यह शेयर जबरदस्त मल्टीबैगर साबित हुआ है. पिछले 5 साल में इसके भाव में 1 हजार फीसदी की, जबकि 10 साल में 8 हजार फीसदी की तेजी आई है.

ब्रोकरेज फर्म मोतीलाल ओसवाल का मानना है कि यह शेयर अब भी खरीदने लायक है. मोतीलाल ओसवाल ने शेयर को बाई रेटिंग दी है और 1800 रुपये का टारगेट दिया है.

ब्रोकरेज फर्म मोतीलाल ओसवाल का मानना है कि यह शेयर अब भी खरीदने लायक है. मोतीलाल ओसवाल ने शेयर को बाई रेटिंग दी है और 1800 रुपये का टारगेट दिया है.

ब्रोकरेज फर्म के अनुसार, निकट भविष्य में कंपनी की डिमांड कम रह सकती है, लेकिन उसके चलते कोई बड़ी परेशानी आएगी, इसकी कम ही आशंका है.

ब्रोकरेज फर्म के अनुसार, निकट भविष्य में कंपनी की डिमांड कम रह सकती है, लेकिन उसके चलते कोई बड़ी परेशानी आएगी, इसकी कम ही आशंका है.

मोतीलाल ओसवाल को चुनाव के बाद इस शेयर की शानदार वापसी की उम्मीद है. उसका कहना है कि चुनाव बाद इंफ्रा पर खर्च बढ़ेगा और डीलर स्टॉक बढ़ाने पर खर्च करने लगेंगे, जिससे इस शेयर को फायदा होगा.

मोतीलाल ओसवाल को चुनाव के बाद इस शेयर की शानदार वापसी की उम्मीद है. उसका कहना है कि चुनाव बाद इंफ्रा पर खर्च बढ़ेगा और डीलर स्टॉक बढ़ाने पर खर्च करने लगेंगे, जिससे इस शेयर को फायदा होगा.

डिस्क्लेमर: यहां मुहैया जानकारी सिर्फ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.

डिस्क्लेमर: यहां मुहैया जानकारी सिर्फ सूचना हेतु दी जा रही है. यहां बताना जरूरी है कि मार्केट में निवेश बाजार जोखिमों के अधीन है. निवेशक के तौर पर पैसा लगाने से पहले हमेशा एक्सपर्ट से सलाह लें. ABPLive.com की तरफ से किसी को भी पैसा लगाने की यहां कभी भी सलाह नहीं दी जाती है.

Published at : 04 Apr 2024 12:01 PM (IST)

बिजनेस फोटो गैलरी

बिजनेस वेब स्टोरीज

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Considering taking a personal loan to fund your dream vacation? Here are its pros and cons

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Personal loans are loans that are not secured by collateral, such as a car or house. This makes them versatile for a variety of purposes, including travel. The following are some factors to consider before taking out a personal loan for travel:

  • Check how much you need: Creating a comprehensive budget is essential before obtaining a personal loan for travel. Maintaining a 10-15% buffer is crucial for several reasons, including unexpected fees that can arise during travel, such as baggage fees, international transaction fees on credit cards, or resort charges. Additionally, it’s always prudent to plan for the unexpected, such as a lost passport or a minor illness requiring medical care. You might come across the perfect handcrafted souvenir or encounter an unforgettable activity that you’ll want to indulge in.
  • Interest rates: Personal loans often come with higher interest rates compared to other loan options like home equity loans or credit cards with low introductory APRs. As a result, you may end up paying more in interest over the loan’s duration. A lower APR translates to a reduced overall cost for the loan. Therefore, it’s important to select a lender that offers competitive rates and flexible repayment terms that align with your budget. Ideally, opt for a loan term that enables you to comfortably pay off the loan before your next vacation.
  • Repayment: You’ll need to make monthly payments on the loan, which will include both the principal amount and interest. Make sure you can comfortably manage these payments along with your other regular expenses.

Once you’ve selected a lender, it’s time to apply for a personal loan. Complete the application form and submit all required documents, including proof of income, identification, and address. The lender will assess your application and credit score to determine your eligibility for the loan.

Utilising a personal loan can be a method to fund your travel, but it’s not the sole option. It’s essential to explore other alternatives that might better suit your circumstances. Explore other ways to fund your trip, like saving in advance, using a travel rewards credit card, or seeking out travel promotions and discounts. Deciding whether to use a personal loan for travel is a personal choice. Carefully consider the advantages and disadvantages to determine if it’s the best option for you.

Frequently Asked Questions (FAQs)

Q. What documents are needed for a personal loan application?

The eligibility requirements and required documentation for a personal loan differ between salaried employees and self-employed professionals. Before applying for a personal loan, it’s recommended to verify your eligibility.

Most financial institutions typically ask for the following documents when applying for a personal loan

For salaried employees

  • Application: Completed application form with a photograph attached
  • Proof of identity: A self-attested photocopy of one of the following:
  • Driving license
  • Passport
  • Voter ID
  • Aadhaar card
  • PAN card
  • KYC requirements: You need to provide the necessary KYC documents, including valid proof of identity, residence, and signature.
  • Income proof: Submit Form 16 or ITR for the past three years and the most recent three months’ salary slips.
  • Banking details: Provide the latest three months’ salary credit bank statement.

For self-employed individuals

If you are a self-employed professional, you will need to provide the same documents as a salaried employee. However, the banking requirements may vary in this case.

– Banking details: Provide the most recent six months’ business current account statement and the latest three months’ primary savings account statement.

Some loan providers offer a completely digital application process without the need for physical documentation or income proof. This streamlines the personal loan application process and facilitates a fast and efficient disbursal process.

Q. Is it possible to take out a personal loan for medical expenses?

You can utilise a personal loan to handle your medical expenses, particularly if you lack health insurance. It can assist in:

  • Settling medical bills when you don’t have insurance
  • Covering medical costs at hospitals not included in your insurance coverage
  • Financing costly cosmetic procedures
  • Meeting the expenses of prescription medications
  • Paying for dental treatments not covered by insurance

Q. Should you take a personal loan to fund travel?

The optimal approach to determining if a personal loan suits you is by evaluating your financial status and travel objectives. If you possess a good credit score and a robust repayment strategy, a personal loan could be a suitable choice. However, if you have reservations about accumulating debt or high interest rates, it’s advisable to investigate alternative financing solutions.

Q. What are the disadvantages of using a personal loan to fund your travels?

The main disadvantages include higher interest rates and increased debt load. Personal loans often come with higher interest rates compared to travel credit cards, and taking out a loan adds to your financial commitments. Additionally, there’s a potential risk of overspending due to the easy availability of cash.

Q. What criteria do lenders typically evaluate when approving a personal loan for travel?

Lenders examine your credit score, income, employment record, and debt-to-income ratio to gauge your repayment capability for the loan.

 

 

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Published: 04 Apr 2024, 11:24 AM IST

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Samsung Galaxy Watch 7 Pro Tipped to Get Bigger Battery Than Galaxy Watch 5 Pro

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Samsung Galaxy Watch 7 series is expected to launch later this year alongside the purported Samsung Galaxy Z Fold 6 and Galaxy Z Flip 6 foldables. The company has yet to confirm the launch of any of the products but there have been several rumours about them over the past few weeks. The Galaxy Watch 7 lineup has been tipped to launch with three possible variants, each with varying connectivity options. Now a report has leaked the battery details of the Galaxy Watch 7 Pro.

A GalaxyClub report spotted the battery details of an upcoming smartwatch on the Safety Korea certification site. The battery with the model number EB-BL705ABY was listed with a rated capacity of 578mAh. This is larger than the rated capacity of the 573mAh rated battery which was used in the Galaxy Watch 5 Pro and marketed as 590mAh.

Therefore, a smartwatch carrying a larger battery than the Galaxy Watch 5 Pro could be the Galaxy Watch 7 Pro. Earlier reports claimed that the Galaxy Watch 7 series is expected to come with three variants – out of which, one is likely a Pro model. Notably, the Galaxy Watch 6 series launched in July 2023 with a base Samsung Galaxy Watch 6 and a Samsung Galaxy Watch 6 Classic.

Samsung’s Galaxy Watch 7 lineup is said to come with Wi-Fi-only and eSIM-supported variants. The former is expected to come with model numbers SM-L300 and SM-L305, while the latter is said to carry model numbers SM-L310 and SM-L315. The rumoured top-of-the-line third variant, expected to be the Galaxy Watch 7 Pro, is likely to carry model numbers SM-L700 and SM-L705. All the model numbers ending with the number five are said to support cellular and eSIM connectivity, while the other models are likely to support only Wi-Fi.

The Galaxy Watch 7 models are also tipped to get 32GB of onboard storage, which is a considerable upgrade over the 16GB on the Galaxy Watch 6 models. The purported smartwatches are expected to run on a new version of Wear OS and One UI Watch and come with an upgraded 3nm chipset which is likely to be 50 percent more power efficient than the current ones.


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One Vehicle, One FASTag norm goes live: What you need to know

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  • The new norm mandates a single FASTag for one vehicle, barring linking multiple vehicles to a single FASTag or using multiple FASTags for one vehicle.
Fastag Toll Collection
The One Vehicle, One Fastag’ norm has been implemented from April 1 onwards after NHAI had set a compliance deadline till March 31, 2024 (PTI)

The National Highways Authority of India (NHAI) has implemented the ‘One Vehicle, One FASTag’ norm across the country with effect from April 1, 2024. The new norm mandates a single FASTag for one vehicle, barring linking multiple vehicles to a single FASTag or vice versa. NHAI had set the compliance date for the new rule to April 1, while vehicle owners had until March 31, 2024, to update their FASTag details.

The compliance deadline was extended till the end of March following issues faced by PayTM FASTag users. Under the new norm, multiple FASTags won’t work for a single vehicle. The new regulation is being brought into effect to make the electronic toll collection system more efficient and for seamless movement of vehicles at toll plazas on access-controlled roads.

Also Read : Bye FASTag, hi GPS-based toll collection. Is India ready?.)

FASTag has a penetration rate of about 98 per cent and over 8 crore users at present. The new technology uses Radio Frequency Identification (RFID) technology to make toll payments directly from the prepaid or savings account of the vehicle owner to the toll owner.

FASTag has been revolutionary in reducing vehicle pileups at toll plazas and the government has been working on implementing a GPS-based toll collection system as the next step in this direction, ensuring fewer stops.

First Published Date: 03 Apr 2024, 07:04 AM IST

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