PSNN & PSNN Admin https://psnn.in/rss/author/ps_admin_login PSNN & PSNN Admin en Copyright 2023 PSNN & All Rights Reserved. Rabb Mera Takes YouTube by Storm with Over 22 Lakh Views in Just a Week https://psnn.in/rabb-mera-takes-youtube-by-storm-with-over-22-lakh-views-in-just-a-week https://psnn.in/rabb-mera-takes-youtube-by-storm-with-over-22-lakh-views-in-just-a-week Rabb Mera Takes YouTube by Storm with Over 22 Lakh Views in Just a Week  

The emotional music video Rabb Mera has become a sensation on YouTube, amassing over 22 lakh views within seven days of its release on November 2. This heartwarming song explores the profound bond between a father and son, with 7-year-old Mo. Mujtaba portraying the son and Danish Ali taking on the role of the father. 

The project is helmed by producer Ranveer Gehlot and co-produced by Mohammad Murtaza, with Gurdev K Aneja as the director and Mukesh Tamta serving as the technical director. 

 A Production with a History of Success  

Released under Gyanlakshmi Productions, Rabb Mera joins the ranks of earlier hits from the production house, such as Mohabbat Ke Alfaz, Changey Log, Gustakhiyaan, and Bhula Sako To Kaho. The song’s success was celebrated during a press conference at the iconic Regal Cinema in Delhi, where several notable figures and stars gathered to mark the milestone. 

Young Mujtaba, a class two student from Bhartiya Vidya Bhavan Mehta Vidyalaya School, was the center of attention during the event. His teachers, Neha Sharma and Shweta Sharma, attended the celebration and expressed their pride in the budding talent. 

A Star-Studded Celebration  

The press conference saw an array of distinguished guests, including Vine Arora, owner at Paperstone Music, and Vishal Chaudhary, owner of Regal Cinema. Also present were Chaitanya Chaudhary, Yogesh Malik, President of the Regal Building Welfare Association, and Manish Yadav, HonoRabble Member of the OBC Committee, Delhi Government. Adding a Bollywood touch, actress Priya Singh and actor Rahul Butcher also graced the occasion. 

 Behind the Success of Rabb Mera  

Director Gurdev K Aneja shared insights into the making of the video, revealing that casting the right child for the role was a critical decision. “We needed someone who could truly embody the innocence and emotional depth required for this story. Mujtaba exceeded all our expectations, despite it being his first time in front of the camera,” said Aneja. 

Co-producer Mohammad Murtaza echoed the sentiment, admitting he hadn’t anticipated such a resounding reception. “We knew the song was special, but its rapid success has surpassed our wildest dreams. It’s incredibly motivating for our team as we gear up for our next project with renewed passion.”  

 The Road Ahead  

With its heartfelt story and soaring popularity, Rabb Mera has set a high bar for future projects. Its early success demonstrates the power of meaningful storytelling paired with compelling performances. As Gyanlakshmi Productions basks in this achievement, anticipation for their next venture continues to grow.  

If you haven’t already, watch Rabb Mera on YouTube and experience the story that’s touched millions of hearts.

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Mon, 18 Nov 2024 16:42:35 +0530 PSNN Admin
Simran Ghadai Steals the Spotlight in New Viral Song 'Feel Alone https://psnn.in/simran-ghadai-steals-the-spotlight-in-new-viral-song-feel-alone https://psnn.in/simran-ghadai-steals-the-spotlight-in-new-viral-song-feel-alone Simran Ghadai Shines in Lead Role of Hit Song *Feel Alone*, Approaching 1 Million Views

Simran Ghadai, a talented actress with a growing fanbase, has made waves in the music industry with her recent appearance in the popular song *Feel Alone*. Released just days ago, the song has garnered close to a million views and continues to captivate audiences across platforms. With her compelling on-screen presence and expressive performance, Simran has yet again proven her versatility and charm, solidifying her position as a rising star in the entertainment industry.

Simran Ghadai’s Journey and Recent Projects

Simran Ghadai isn’t new to the limelight. She has appeared in numerous songs and films, consistently delivering memorable performances that resonate with fans. Her recent work includes the feature film *Perfect Dad*, which is eagerly anticipated by audiences and is expected to premiere on Netflix soon. In addition to *Feel Alone*, Simran has completed shooting for two more songs, which are slated for release shortly, adding to her rapidly expanding portfolio. 

Vine Arora’s Artistic Vision and *Feel Alone*

*Feel Alone* is sung by Vine Arora, a talented singer, producer, and filmmaker known for his creative prowess and unique sound. In addition to lending his voice to the track, Vine Arora also produced the song, showcasing his multifaceted abilities. Known for crafting heartfelt and relatable music, Vine has established himself as a dynamic force within the industry. His collaboration with Simran Ghadai in *Feel Alone* has proven to be a hit, demonstrating the strength of his vision and his knack for producing impactful music.

https://www.youtube.com/watch?v=-T0_pBw9OaI

The Creative Powerhouse Behind *Feel Alone* – Paperstone Productions

*Feel Alone* was produced under the banner of **Paperstone Productions**, a renowned production company with a reputation for quality content across various entertainment platforms. Established six years ago, Paperstone Productions has built an impressive portfolio of over 100 projects, spanning feature films, music videos, TV shows, and commercials. The production house has earned a distinguished reputation, even working with global talents, including the popular Korean band BTS, and bringing its expertise to Bollywood, Tollywood, and Hollywood. This dedication to excellence is evident in *Feel Alone*, a project that combines compelling visuals with powerful music to create a memorable experience.

Girdev K Aneja: The Director Behind the Vision

*Feel Alone* was directed by **Girdev K Aneja**, a talented filmmaker known for his skillful storytelling and captivating visuals. With his keen eye for detail, Girdev successfully brought *Feel Alone* to life, capturing the emotions and themes of the song in a visually compelling manner. His direction has been instrumental in elevating the project, making it resonate with audiences and adding depth to Simran Ghadai’s performance.

Conclusion: A Star on the Rise

With *Feel Alone* rapidly climbing the charts and her upcoming projects generating buzz, **Simran Ghadai** is establishing herself as a powerhouse in the entertainment industry. Her ability to connect with audiences and bring depth to her roles is setting her apart as a versatile artist to watch. As she continues her journey, fans eagerly await her upcoming releases, knowing they can expect nothing but excellence from this talented actress.

In just a short time, Simran Ghadai has become a name to remember, and with each project, she reaffirms her status as a rising star. Keep an eye out for Simran as she continues to take the entertainment world by storm.

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Sun, 03 Nov 2024 23:51:20 +0530 PSNN Admin
POORANMASI: A BHOJPURI Horror Thriller with a Unique Traveling Theme https://psnn.in/pooranmasi-a-bhojpuri-horror-thriller-with-a-unique-traveling-theme https://psnn.in/pooranmasi-a-bhojpuri-horror-thriller-with-a-unique-traveling-theme "POORANMASI: A BHOJPURI Horror Thriller with a Unique Traveling Theme"

"POORANMASI" is a groundbreaking Bhojpuri movie in the horror-thriller genre, setting itself apart with its distinctive traveling theme. This cinematic gem is brought to life under the banner of Nirmal Malti Entertainment and is nothing short of a trendsetter. The visionary behind this cinematic venture is the esteemed producer, Rajeev Pandey, while the creative force shaping the film as the director and writer is Sanjeev Pandey. Their collective aim was to offer the audience fresh and compelling content, making this film a pioneering work of art in the entire Bhojpuri film industry.

"POORANMASI" is the first of its kind in the Bhojpuri world, introducing an extraordinary theme that will captivate and enthrall its viewers. The story and screenplay of this cinematic masterpiece are nothing short of a visual delight, providing a new and exciting flavor to the audience. The narrative flows seamlessly, drawing the audience into its unique world.

The film boasts an ensemble cast featuring beloved stars, including Rajeev Pandey, Nidhi Jha (Luliya), Awdhesh Mishra, Amrita Pandey, Sanjeev Pandey, Subodh Seth, Mahi Khan, Anita Rawat, Abhishek Singh Golu, CP Bhatt, and Dr. Rajendra Yadav. The actors' brilliant performances serve as the cherry on top, ensuring a cinematic experience like no other.

Notably, "POORANMASI" marks the debut of Rajeev Pandey as a leading hero. Prior to this, he has made his mark in the Bhojpuri world through various albums released under the Nirmal Malti Entertainment banner. In this film, Rajeev Pandey's exceptional performance is sure to leave a lasting impression and captivate audiences.

Audiences will also witness Nidhi Jha in a completely different and fresh avatar, showcasing her versatility as an actress. Her portrayal in "POORANMASI" promises to be a standout feature of the film.

Mark your calendars for November 3rd, as "POORANMASI" is set to hit cinema halls near you. It offers an opportunity to see your favorite stars like never before, portraying characters in a completely different light with a captivating and original storyline.

**Film Details:**

- **Film Name:** POORANMASI (Bhojpuri)

- **Genre:** Horror

- **Theme:** Jungle

**Production Team:**

- **Banner:** NIRMAL MALTI ENTERTAINMENT (निर्मल मालती एंटरटेनमेंट)

- **Producer:** Rajeev Pandey (राजीव पाण्डेय)

- **Co-Producer:** Madhu Pandey (मधु पाण्डेय)

- **Writer & Director:** Sanjeev Pandey (संजीव पाण्डेय)

- **Director of Photography (DOP):** Dinesh Singh Bisht (दिनेश बिष्ट)

- **Executive Producer:** Mayank Bhushan Pandey (मयंक भूषण पाण्डेय)

- **Editor:** Rajesh Shah

**Star Cast:**

- **Rajeev Pandey**

- **Nidhi Jha (Luliya)**

- **Awdhesh Mishra**

- **Amrita Pandey**

- **Subodh Seth**

- **Sanjeev Pandey**

- **C P Bhatt**

- **Anita Rawat**

- **Mahi Khan**

- **Dr. Rajendra Yadav**

- **Abhishek Singh Golu**

**Post Production:**

- **Eye Focus Productions PVT. LTD. (Vijay Dinesh)**

This film not only introduces an innovative theme but also debuts Rajeev Pandey as a hero. "POORANMASI" is all set to grace the screens on November 3rd, creating a wave of excitement and anticipation in Bihar and Jharkhand. Don't miss the opportunity to experience this cinematic masterpiece and witness your favorite stars in a whole new light, supported by a fresh and captivating storyline.

The journey of "POORANMASI" has been an exciting one, with the entire team pouring their hearts and souls into this project. The film explores the theme of horror in a setting that will transport viewers deep into the jungle, where mysteries and chills await. With stunning cinematography by Dinesh Singh Bisht and skilled editing by Rajesh Shah, the film promises to be a visual spectacle.

Behind the scenes, the executive producer, Mayank Bhushan Pandey, has ensured that every detail is attended to, making sure the film achieves the highest standards of excellence. Additionally, Eye Focus Productions PVT. LTD. under the direction of Vijay Dinesh has played a pivotal role in the post-production phase, bringing the film to life with finesse.

"POORANMASI" is not just another movie; it's a journey that introduces audiences to a unique world of horror and thrill. The film's theme centered around a jungle sets the stage for a gripping and suspenseful story that will keep viewers on the edge of their seats.

This film also marks the debut of Rajeev Pandey as a hero, a role he has embraced with enthusiasm and dedication. Audiences can look forward to a powerful and memorable performance that will undoubtedly leave a lasting impression.

Nidhi Jha, who is widely loved for her previous roles, takes on a fresh and distinct avatar in "POORANMASI." Her versatility as an actress shines through in her portrayal, and fans can expect to see a side of her they have never witnessed before.

As the release date of November 3rd draws near, anticipation is building among fans and the film community. "POORANMASI" is all set to make its mark, creating ripples of excitement in Bihar and Jharkhand, and establishing itself as a remarkable addition to the Bhojpuri film industry.

Make sure to mark your calendars and prepare to be thrilled, as "POORANMASI" takes you on a cinematic journey like no other, showcasing your favorite stars in a fresh and captivating light. Don't miss the chance to be a part of this cinematic milestone that promises to be an unforgettable experience for all movie enthusiasts.

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Tue, 31 Oct 2023 16:14:29 +0530 PSNN Admin
Sana Arora, Daughter of Bollywood Producer and Singer Vine Arora, Receives Prestigious Award https://psnn.in/sana-arora-daughter-of-bollywood-producer-and-singer-vine-arora-receives-prestigious-award https://psnn.in/sana-arora-daughter-of-bollywood-producer-and-singer-vine-arora-receives-prestigious-award Delhi, India - In a moment of immense pride and joy, Sana Arora, the talented daughter of renowned Bollywood producer and singer Vine Arora, was honored by Amity School for her exceptional performance in academics and an array of extracurricular activities. The prestigious award ceremony took place yesterday at the Amity School campus, where faculty, friends, and family gathered to celebrate the young achiever's accomplishments.

Sana Arora, a multifaceted individual, has consistently demonstrated an extraordinary dedication to both her studies and various artistic pursuits. Her passion for the arts, particularly dancing and acting, has been evident from a young age, with her performances leaving audiences mesmerized.

"Receiving this award is a truly humbling experience for me. I am grateful to Amity School for recognizing my efforts and achievements. This recognition will only motivate me further to pursue my dreams and contribute positively to society," said an elated Sana during her acceptance speech.

The 12-year-old prodigy has not only excelled in her academic pursuits but has also made a name for herself with her natural flair for dancing and acting. Sana, following in the footsteps of her illustrious father Vine Arora, aspires to make a mark in Bollywood after completing her education.

 

Vine Arora, a well-established figure in the Indian film industry, expressed immense pride in his daughter's accomplishments, saying, "Sana has always been a bundle of talent and creativity. As a parent, it brings me immense joy to witness her being recognized for her hard work and passion. I fully support her decision to explore a career in Bollywood, and I am confident that she will shine brightly."

However, Sana's ambitions do not end with her Bollywood aspirations. She envisions herself as an entrepreneur, keen on launching her own fashion brand catering to the young generation worldwide. With a keen eye for style and an understanding of global fashion trends, Sana aims to create a brand that resonates with the youth.

"My passion for fashion and my desire to express my creativity have led me to envision a fashion brand that represents individuality, innovation, and inclusivity. I want to create a platform where young individuals can embrace their uniqueness and feel confident in their own skin," Sana stated in an exclusive interview.

The young trailblazer's determination to balance her artistic pursuits, education, and entrepreneurial aspirations has earned her admiration from peers and industry veterans alike. With the support of her family, mentors, and now the recognition from Amity School, Sana Arora is all set to embark on an inspiring journey to carve a niche for herself in the entertainment world and the business landscape.

The future looks promising for this talented star in the making, and fans eagerly await her forthcoming ventures in both Bollywood and the fashion industry. As Sana continues to shine, she serves as an inspiration to countless others who dare to dream big and work tirelessly to achieve their goals.

As we celebrate Sana Arora's achievements, we also recognize the importance of nurturing young talents and providing them with the necessary support and encouragement to thrive in their chosen fields. Sana's success story serves as a reminder that dedication, perseverance, and a passion for excellence can propel individuals to great heights.

We extend our heartiest congratulations to Sana Arora on her well-deserved recognition and wish her the very best for her future endeavors. The world eagerly awaits to witness the rise of this dynamic and talented young individual on both the silver screen and the global fashion stage.

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Sat, 22 Jul 2023 16:38:51 +0530 PSNN Admin
YouTube Simplifies Requirements for Monetization Access https://psnn.in/youtube-simplifies-requirements-for-monetization-access https://psnn.in/youtube-simplifies-requirements-for-monetization-access YouTube Simplifies Requirements for Monetization Access and Expands Shopping Affiliate Program

YouTube has announced that it is making it easier for creators to qualify for monetization tools through the YouTube Partner Program (YPP). The company is extending its shopping affiliate program to U.S.-based creators who are part of YPP and have over 20,000 subscribers.

Under the new eligibility criteria, creators need to meet the following conditions:

- Have a minimum of 500 subscribers.

- Have at least 3 public uploads in the past 90 days.

- Achieve either 3,000 watch hours in the past year or 3 million Shorts views in the last 90 days.

Previously, the requirements were as follows:

- Have a minimum of 1,000 subscribers.

- Achieve either 4,000 watch hours in the past year or 10 million Shorts views in the last 90 days.

Once creators meet the new threshold, they can apply to join YPP and gain access to various monetization tools such as Super Thanks, Super Chat, Super Stickers, channel memberships, and the ability to promote their merchandise through YouTube Shopping.

It is worth noting that the condition of uploading three videos in 90 days might pose a challenge for creators focused on longer videos, as they may not have sufficient material to produce multiple videos within that timeframe, even if they gather millions of views.

YouTube is implementing these new eligibility criteria in the U.S., the U.K., Canada, Taiwan, and South Korea, with plans to expand to other countries where YPP is available.

Additionally, the platform is expanding its Shopping affiliate pilot program to more U.S.-based creators. Creators who are already part of YPP and have over 20,000 subscribers will now be able to tag products in their videos and Shorts and earn commissions. YouTube had initially introduced shopping-related features for Shorts to select U.S.-based creators in November.

YouTube is expected to provide further details about these new programs during the upcoming VidCon conference.

In March, YouTube revised its rules regarding the use of profanities at the beginning of videos. Previously, the policy disqualified any video that used profanity in the first 15 seconds, even if it was an older upload. The revised policy reduced the time limit to seven seconds and allowed profanity in music videos.

YouTube has been actively introducing new monetization tools for Shorts creators, including revenue sharing for Shorts ads, which was introduced in February. During its Q4 2022 earnings call, the company reported that Shorts had surpassed 50 billion daily views. In comparison, Meta (formerly Facebook) stated that Reels garnered 140 billion daily views across Instagram and Facebook last October.

Last year, YouTube introduced Creator Music, a tool that allows artists to earn money by licensing their music for use in videos. In March, the platform introduced a new metric to track an artist's reach across different formats, including Shorts.

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Wed, 14 Jun 2023 13:40:31 +0530 PSNN Admin
IMSR Graduate Dr. Siddhant Sharma Earns Ph.D. in Risk Management https://psnn.in/imsr-graduate-dr-siddhant-sharma-earns-phd-in-risk-management https://psnn.in/imsr-graduate-dr-siddhant-sharma-earns-phd-in-risk-management Dr. Siddhant Sharma, an esteemed scholar and researcher, recently accomplished a remarkable feat in his academic journey by obtaining his Ph.D. in Risk Management. His thesis, titled "Developing a Framework for Addressing IT Governance and Risks in Healthcare Organizations," supervised by Dr. Paul Thomas of IMSR Mumbai and certified by UKRAS, Devonshire, London, United Kingdom, has garnered widespread acclaim for its innovative and practical approach in tackling the pressing issue of IT governance and risks within the healthcare sector.

The healthcare industry has experienced significant technological advancements in recent times, revolutionizing the delivery of healthcare services. However, these advancements have also introduced new risks and challenges, particularly in the realm of IT governance and security. It is crucial for healthcare organizations to effectively manage these risks to safeguard the confidentiality, integrity, and availability of sensitive patient data, as well as protect against cyber-attacks and security breaches.

Dr. Siddhant's thesis presents a comprehensive framework specifically tailored to managing IT governance and risks in healthcare organizations. The framework is the result of extensive research encompassing an in-depth analysis of existing literature on IT governance, risk management, and healthcare management, along with extensive field research through case studies and surveys conducted within healthcare organizations.

The framework proposed by Dr. Siddhant's thesis comprises five key components: governance structure, risk management process, information security management, compliance management, and performance management. The governance structure component highlights the importance of establishing clear roles and responsibilities for IT governance and risk management while fostering a culture of accountability within the organization.

The risk management process component of the framework outlines a systematic approach to identify, assess, and manage IT risks in healthcare organizations. This involves identifying critical assets and processes, evaluating the likelihood and impact of potential risks, and developing and implementing strategies to mitigate those risks.

Within the framework, the information security management component emphasizes the protection of sensitive patient data and ensuring its confidentiality, integrity, and availability. This entails implementing suitable security controls and complying with relevant regulatory requirements such as HIPAA.

The compliance management component emphasizes adherence to regulatory and industry standards concerning IT governance and risk management in the healthcare sector. This involves monitoring and reporting compliance with applicable regulations and standards and taking corrective actions when necessary.

Finally, the performance management component underscores the significance of measuring and monitoring the effectiveness of IT governance and risk management initiatives in healthcare organizations. This includes developing key performance indicators and metrics to track progress and identify areas for improvement.

Overall, Dr. Siddhant's thesis constitutes a significant contribution to the field of risk management in healthcare organizations. The proposed framework offers a practical and effective approach to addressing IT governance and risks specific to the healthcare sector, enabling healthcare organizations to enhance their overall security posture and defend against the escalating threat of cyber-attacks and security breaches.

Dr. Siddhant's achievement in completing his Ph.D. in Risk Management exemplifies his dedication, hard work, and commitment to advancing the field of risk management. His research and thesis are expected to have a profound impact on the healthcare industry, guiding healthcare organizations through the intricate and rapidly evolving landscape of IT governance and risks. His accomplishment brings pride not only to his academic institution but also to his colleagues and the wider academic community.

Dr. Siddhant expresses special gratitude to his family, well-wishers, especially his wife Mrs. Rachita Panigrahi, his mother Mrs. Ajita Dash Sharma, his late father Shri. P. Khitish, his father-in-law Dr. K.C. Panigrahi (Ex C.G.M. NABARD), his sister Indira Sharma, his brother-in-law Saswat Panigrahi, his mother-in-law Mrs. Kalpana Panigrahi, his guide Mr. Pravin Parmar (facilitator at IMSR, Mumbai), and ultimately

, the divine Bhagavan.

Indian Management School and Research Centre (IMSR), a prominent management institute from India, has been offering unique online programs such as Master of Business Administration, Executive Master of Business Administration, Post Graduate Diploma, and the flagship online Ph.D. for the past 22 years. With over 5,000 students enrolled worldwide, IMSR provides quality study materials and online lecture platforms to sharpen management skills. Offering nearly 55 specializations, including HRM, Marketing, Supply Chain, Logistics, Finance, Sales, Project, Operations, Hotel, Tourism, and Event management, IMSR caters to diverse needs in the field.

IMSR is now associated with the Skill Development Council of Canada and recognized as an Official Learning Partner. This partnership has brought immense joy as it enables IMSR to elevate the standards of imparting quality education and skill enhancement to the learning community. Continuing to provide high-quality and contemporary courses that align with industry requirements and global standards, IMSR strives to produce skilled resources that meet the demands of the industry.

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Wed, 14 Jun 2023 13:28:56 +0530 PSNN Admin
Sej Tarafder Shines as Best Emerging Actress of the Year https://psnn.in/sej-tarafder-shines-as-best-emerging-actress-of-the-year https://psnn.in/sej-tarafder-shines-as-best-emerging-actress-of-the-year In the realm of the entertainment industry, where talent often takes center stage, one name has been making waves and capturing hearts. Sej Tarafder, a rising star in the world of acting, has recently been crowned the Best Emerging Actress of the Year, solidifying her position as a force to be reckoned with.

Sej Tarafder's journey to success has been nothing short of remarkable. Hailing from Kolkata, she discovered her passion for acting at an early age. Her commitment and dedication to honing her craft led her to pursue a career in the acting, she underwent rigorous training and worked tirelessly to perfect her skills.

The recognition as the Best Emerging Actress of the Year is a testament to Sej's exceptional talent and hard work. Her breakthrough performance in the critically acclaimed in multiple films and music videos captivated audiences and critics alike. Her ability to seamlessly inhabit her characters, bringing them to life with depth and authenticity, set her apart from her peers.

What makes Sej Tarafder truly remarkable is her versatility as an actress. Whether she's portraying a vulnerable and conflicted protagonist or a fierce and determined heroine, she brings an undeniable charisma to the screen. Her ability to evoke emotions and connect with viewers on a profound level has made her a favorite among audiences of all ages.

Beyond her on-screen achievements, Sej Tarafder is also recognized for her philanthropic efforts. She actively uses her platform to raise awareness about social issues and works towards creating a positive impact in society. Her dedication to making a difference and inspiring others is truly admirable.

As Sej Tarafder basks in the glory of her well-deserved award, the future looks incredibly promising for this talented young actress. With her innate talent, relentless drive, and passion for her craft, there's no doubt that she will continue to soar to new heights in the industry.

Sej Tarafder's win as the Best Emerging Actress of the Year is not just a personal triumph but also a celebration of the art of acting. Her ability to captivate audiences and leave a lasting impression is a testament to the power of storytelling and the impact it can have on our lives. As we eagerly await her future projects, one thing is certain: Sej Tarafder's star will continue to shine bright, illuminating the silver screen with her extraordinary talent.

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Tue, 23 May 2023 00:24:18 +0530 PSNN Admin
Reserve Bank of India Implements Measures to Withdraw Rs 2,000 Notes from Circulation https://psnn.in/reserve-bank-of-india-implements-measures-to-withdraw-rs-2000-notes-from-circulation https://psnn.in/reserve-bank-of-india-implements-measures-to-withdraw-rs-2000-notes-from-circulation The announcement made by the Reserve Bank of India (RBI) on Friday states that the circulation of Rs 2,000 currency notes will be discontinued. Individuals can choose to deposit their existing Rs 2,000 notes into their bank accounts or exchange them until September 30.

The RBI clarified that Rs 2,000 banknotes will remain valid legal tender. To ensure smooth operations and prevent disruptions in bank branches' regular activities, individuals will be able to exchange Rs 2,000 banknotes for other denominations up to Rs 20,000 at a time, starting from May 23, 2023.

Furthermore, the RBI has instructed banks to halt the issuance of Rs 2,000 banknotes immediately.

If you possess Rs 2,000 notes and wish to exchange them for different denominations, follow these steps to exchange your Rs 2,000 notes:

The RBI has directed banks to offer deposit and/or exchange services for Rs 2,000 notes until September 30, 2023. You can deposit Rs 2,000 banknotes into your bank account or exchange them for banknotes of other denominations at any bank branch. Deposits into bank accounts can be made without any restrictions, following the usual procedures and complying with applicable statutory provisions.

Is there a limit on the amount of Rs 2,000 banknotes that can be exchanged?

The RBI has specified that individuals can exchange Rs 2,000 banknotes for banknotes of other denominations up to a maximum of Rs 20,000 at a time, starting from May 23, 2023, at any bank.

Will Rs 2,000 notes be accepted for regular transactions?

Rs 2,000 notes will remain acceptable for transactions and other payments. However, it is advisable to exchange the withdrawn notes by the end of September.

What should you know when depositing Rs 2,000 banknotes into a bank account?

When depositing the discontinued Rs 2,000 notes into your bank account, you will need to comply with the Know Your Customer (KYC) norms and other relevant statutory requirements.

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Fri, 19 May 2023 20:59:07 +0530 PSNN Admin
Electric vehicle maker's business loss causes Ford shares to drop https://psnn.in/electric-vehicle-makers-business-loss-causes-ford-shares-to-drop https://psnn.in/electric-vehicle-makers-business-loss-causes-ford-shares-to-drop Late on Tuesday, Ford Motor Co. announced a return to quarterly profitability, with sales increasing. However, the electric vehicle business reported another loss on Wall Street due to production problems experienced by two of its flagship electric vehicles - the Mustang Mach E SUV and the F-150 Lightning pickup truck.

For the first quarter, Ford reported earnings of $1.8 billion, equivalent to 44 cents per share, compared to a loss of $3.1 billion, or 78 cents per share, in the same period last year. Adjusted for one-time items, the earnings were 63 cents per share. Meanwhile, revenue rose 20% to $41.5 billion.

Ford reaffirmed its 2023 guidance for adjusted EBIT of $9 billion to $11 billion and adjusted free cash flow of around $6 billion. However, the automaker’s shares fell in after-hours trading following the earnings report, having already finished the regular trading day down 2.2%.

Ford reported earnings by its three segments: Ford Blue, which includes gas and hybrid vehicles; Ford Model e, for electric vehicles; and Ford Pro, covering commercial products and services. Ford Model e posted an EBIT loss of $722 million in the quarter.

Production interruptions of the Mustang Mach-E SUV and the F-150 Lightning pickup truck, which were required to make industrial changes and isolate and address a battery problem respectively, limited the quarterly electric vehicle shipments and revenue. However, Ford announced earlier on Tuesday that it was reopening order books for the Mustang Mach E and that it plans to increase production of the all-electric SUV in the second half of the year, having lowered its prices.

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Thu, 04 May 2023 12:15:48 +0530 PSNN Admin