Author Archives: Loknath Das

In finance, what is the greater fool theory?

This refers to a theory of asset pricing which states that the price of any financial asset is determined purely by what its buyers are willing to pay for it. In other words, the price of an asset has nothing to do with its underlying fundamental value but depends only on the emotions of buyers. The greater fool theory is ... Read More »

China online finance regulator tells unqualified micro-lenders to stop lending

BEIJING (Reuters) – The National Internet Finance Association of China issued a risk warning letter late on Friday telling “unqualified institutions” to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off financial risks. The 1 trillion yuan ($151.5 billion) short-term, unsecured lending sector, known as “cash loan” in China, has been accused ... Read More »

Cabinet approves new finance panel

Fifteenth Finance Commission will have its task cut out following GST roll-out The Cabinet on Wednesday set the ball rolling for the constitution of the Fifteenth Finance Commission, which will decide the devolution formula for revenue-sharing between the Centre and States from the year 2020 till 2025. The Commission, whose members and terms of reference will be notified soon, will ... Read More »

Here are Sony’s Black Friday deals

Sony has started its Black Friday deals across its online stores and retail partners. You can save big on smartphones, headphones, smart bands and accessories. The flagship Sony Xperia XZ1 is €100/£100 off in both the German store (where it’s the only smartphone currently on offer) and the UK store. The UK Sony store has the biggest selection of smartphones on discount ... Read More »

Nokia 8 starts getting Android Oreo

The Nokia 8 Oreo beta-testing program wrapped up two weeks ago and today the OS update started arriving to users in Finland and Poland. According to XDA Developers fan forum users, devices with model numbers TA-1004 and TA-1012 are among the lucky that get Android Oreo. HMD executive Juho Sarvikas confirmed the update. The software upgrade brings new features like Picture-in-picture, detailed Notification dots ... Read More »

Full list of bikes launching at India Bike Week (IBW) 2017

Asia’s biggest biking festival that goes by the name India Bike Week (IBW) is all set for its 2017 edition starting 24th November. Motorcyclists across the country will riding down to Goa to attend the highly awaited event. India Bike Week is also one of the most important events for two-wheeler manufacturers in India as it provides them a platform ... Read More »

India Bike Week 2017: BMW Motorrad To Unveil BMW K 1600 B

The BMW K 1600 B is a bagger based on the BMW K 1600 GTL Highlights BMW K 1600 B is based on the BMW K 1600 GTL Powered by a 1649 cc, in-line six cylinder engine Three riding modes, standard ABS and Traction Control BMW Motorrad will be unveiling the all-new K1600B, a bagger based on the BMW K ... Read More »

India Bike Week 2017: BMW Motorrad to debut this year at Goa event, may launch two new bikes

BMW Motorrad is set to make its debut at the India Bike Week 2017 which is scheduled for November 24 – 25, 2017 at Vagator in Goa. The BMW Motorrad along with Triumph will take part in a parade on the opening day of the event. Along with that, the Motorrad pavilion will showcase 14 bikes which include MW S 1000 RR, BMW R ... Read More »

Samsung Galaxy S9 to Take on iPhone X’s Face ID with Enhanced Iris Scanner: Report

While hackers are exploring ways to fool the technology behind Apple’s Face ID, Samsung is now rumoured to be working on an enhanced iris scanner to take on the iPhone X’s killer feature. The new development is reportedly in works for the Galaxy S9 that would supersede the existing Galaxy S8. ET News reports that Samsung is developing new software to make face recognition on ... Read More »

Comio to Start India R&D Operations Next Quarter

Chinese handset maker Comio Monday said it will start a research and development centre in the country that will work on bringing in features for the Indian market in the January-March 2017 quarter. The company has also commenced local assembly of smartphones in the country with partners V-Sun and Hipad Technology. “We are in the process of setting up our R&D centre, ... Read More »