337 million Indians to use smartphones in 2018
New Delhi, May 3: More than a quarter of India's population or 337 million people would use a smartphone in 2018 -- a 16 per cent growth which is the highest rate of any country in the world -- market research company eMarketer said on Thursday.
Since its last forecast, eMarketer increased its estimate for the smartphone audience in India by more than 31 million people.
This uptick is thanks to the growth in smartphone usage in urban areas, where affordable smartphones are becoming widely available, the research firm said in a statement.
"India still faces technological challenges that are holding back mass smartphone adoption. "Mobile Internet speeds are among the slowest in the world, around two-thirds of the population still lives in rural areas and feature phones are by no means obsolete," said Chris Bendtsen, Senior Forecasting Analyst, eMarketer.
Advertisers can still be optimistic about the future.
"Smartphones are getting cheaper, mobile data prices have fallen and urbanisation continues. Over the next four years, as speeds and rural reach improve, eMarketer expects the smartphone audience to reach close to half a billion users," Bendtsen noted.
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Fake notes with 'movie shooting purpose only' written on them send police into tizzy in Sirsi
Sirsi (Karnataka), Apr 8 (PTI): The police in Uttar Kannada went into a tizzy on Tuesday after they found fake currency notes of Rs 500 denomination from a house in Dandeli with 'movie shooting purpose only' written on them.
Based on a tip-off, police searched a rented house at Gandhinagar in Dandeli and confiscated the fake currency notes along with a money counting machine.
Arshad Khan, who is said to be from Goa, was staying as a tenant in the house belonging to Noorjan Jhunjuwadkar, police said.
Police were informed after Jhunjuwadkar noticed that Khan was absent from the house for the past one month.
The fake currency notes had the inscription 'Reverse Bank of India' on them, but did not have the signature of the RBI governor, police said.
The notes were printed on a shining paper with only zeros written in the place of the number, and 'movie shooting purpose only' inscribed on them, police said.
A hunt is on to trace Khan to question him about the seizure, they added.
