Tuesday January 22, 2019
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Coolpad Launches its Budget Smartphone in India

The phone is powered by a 2500mAh battery and runs "Spreadtrum SC9850K" chipset

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Coolpad
Coolpad to launch 3 smartphones in India on Thursday. (IANS)

Chinese smartphone maker Coolpad on Thursday launched the “Mega 5A” phone with an aspect ratio of 18:9 in India for Rs 6,999.

The company is marketing the device as an “India exclusive” smartphone which is a feature-rich yet budget device.

“Mega 5A” runs Android 8.1 Oreo OS and has facial recognition feature.

“Coolpad is committed to offer best in class products, feature rich products that are priced right. Running 8.1 Android Oreo, a great screen and a powerful battery life, Coolpad Mega 5A will set another industry benchmark which is tough to match,” Syed Tajuddin, CEO, Coolpad India, said in a statement.

Coolpad
Coolpad is reputed for its efforts in technological contributions and also making earnest efforts in operating its IP assets. Pixabay

“We have adopted an aggressive channel expansion strategy with offline channel as our primary focus area. India is a key market for Coolpad and we will launch a range of products that will cater to wider audience base,” he added.

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The device is equipped with a 5MP front camera and 8MP + 0.3 MP dual back camera. The handset features 2GB RAM and 16GB storage which can be expanded up to 64GB.

The phone is powered by a 2500mAh battery and runs “Spreadtrum SC9850K” chipset. (IANS)

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Nepal’s Central Bank Announces Ban of Indian Notes Above Rs 100

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal

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Indian Currency. Pixabay

Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100.

The Nepal Rastra Bank (NRB) on Sunday issued a circular for the institutions licensed by it notifying them about the ban, reports Xinhua news agency.

Authorised to Issue Currency Notes.
Rs. 2000 note was issued by RBI who maynot ahve been Authorised to Issue Currency Notes. Wikimedia.

Nepal’s cabinet in December had decided to ban the use of these currency notes.

The decision to ban these notes has come a time when the NRB has requested the Reserve Bank of India (RBI) arequesting the latter to allow Nepal to use currency notes with all denominations.

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Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal. (IANS)