Author Archives: Loknath Das

‘Not even 1 computer per police station in Bihar’

PATNA: At a time when cyber policing is the buzzword and cyber crime cases are on the rise across the country, forget connectivity, scores of police stations across the state do not even have a functioning computer. According to a survey titled ‘The Status of Policing in India Report 2019’ released recently, on an average there are six computers per police ... Read More »

Weekly Tactical Pick | LIC Housing Finance

This week’s tactical pick is LIC Housing Finance (current market price: Rs 412). With loan portfolio of around Rs 1,98,000 crore, LIC Housing Finance (LICHF), the second-largest housing finance company (HFC),  is one of the very few housing NBFCs that have managed to keep its head above water in the aftermath of the liquidity crisis that engulfed non-banks, especially HFCs, since September ... Read More »

Flipkart Grand Gadget Days – Offers On Laptops, Smart Wearables, Cameras And Much More

Flipkart’s grand gadget days has started and will run till August 29, 2019. During the sale, users can purchase electronic accessories with up to 80% off. You can get mobile covers under Rs. 199, high-capacity power banks starting from Rs. 1,099, and more. More offers by Flipkart iinclude 5% unlimited cashback on Flipkart Axis bank credit card, 5% cashback on HDFC Bank ... Read More »

Share market update: Nifty Financial Services index up; Indiabulls Housing Finance rises 3%

NEW DELHI: The Nifty Financial Services index was up with its components trading higher in Monday’s afternoon session. The Nifty Financial Services index was trading 1.62 per cent up at 12,275.90 around 11:56 am. Shares of Mahindra & Mahindra Financial Services (up 5.05 per cent) , Indiabulls Housing Finance (up 3.61 per cent) , Edelweiss Financial ServicesNSE 6.25 % (up 3.56 per ... Read More »

The computer-human relationship is evolving

The way in which people interact with computers is undergoing a dramatic shift, and this will have huge effect on the way we work. Stanley Kubrick’s 1968 film, 2001: A Space Odyssey, wasn’t far off the mark in predicting a future where an omnipresent machine (in this case, HAL) could assume the role of “colleague” or “crew member”, capable of speech ... Read More »

Nirmala Sitharaman press conference: Finance Minister touches on pain points plaguing economy

Union Finance Minister Nirmala Sitharaman is addressing a press conference amid concerns over the on-going economic slowdown in the country. This development came after Moody’s Investors Service on Friday cut India’s GDP growth forecast for 2019 calendar year to 6.2 per cent from the previous estimation of 6.8 per cent. For 2020 calendar year, it reduced the estimate by a ... Read More »

Internet goes crazy over #YouAreOfficiallyOldIf trend. Nostalgic, right?

Netizens shared pictures of cartoons and objects on Twitter as #YouAreOfficiallyOldIf trended. (Photos: Twitter) Ahashtag that is trending online will surely make Friday even better for you because it will bring back old memories. Especially if you are a 90s kid, you will certainly end up taking a trip down memory lane. #YouAreOfficiallyOldIf is the hashtag in question and netizens ... Read More »

Why Education Entrepreneurs Need To Move With Education—Not Disrupt It

Edtech investments reached an incredibly high number in 2018, with $1.45 billion raised—the same amount that hit the market in 2015. However, raising venture capital, regardless of the industry, is not a guaranteed measure of success in any business. Various entrepreneurs are moving away from working with investors because expectations that come along with money don’t always match the entrepreneur’s ... Read More »

To power AI, startup creates a giant computer chip

SAN FRANCISCO: The largest computer chips would usually fit in the palm of your hand. Some could rest on the tip of your finger. Conventional wisdom says anything bigger would be a problem. Now a Silicon Valley startup, Cerebras, is challenging that notion. On Monday, the company unveiled what it claims is the largest computer chip ever built. As big as a ... Read More »

PSU banks launch joint plan to boost economic growth

While the overall credit growth is still at 12%, the flow of credit to small/medium businesses remained weak and export credit growth has contracted. In a bid to kick-start growth, the government has pushed public sector banks to initiate a nationwide campaign to ensure credit flow to businesses, big and small. For the first time, such a massive coordinated effort ... Read More »