Author Archives: Loknath Das

States should have been consulted before changing Finance Commission Terms of Reference, says Manmohan Singh

At a seminar organised by Kerala Government opposition leaders and economists term new ToRs as an attack on federalism Former Prime Minister Manmohan Singh on Saturday termed as “unilateral” the Centre’s move to change the Terms of Reference of the 15th Finance Commission for creation of a non-lapsable fund for “Defence and Internal Security”. At a day-long seminar on “Additional ... Read More »

Small finance banks need minimum ₹200 crore capital in on-tap licence regime

Mumbai: The Reserve Bank of India on Friday allowed payments banks to apply for small finance bank (SFB) licences, provided they meet the criteria. According to the new draft guidelines for on-tap licencing of private sector SFBs, the promoter of a payments bank is eligible to set up an SFB, provided both banks come under the non-operating financial holding company (NOFHC) structure. Existing rules do ... Read More »

Ashish Yadav becomes the most popular gadget supplier of bollywood

Ashish designed a website in where mobile accessories from all across the world would be available at a reasonable price. Generating a business in e-commerce Ashish at such a young age happened to grow strong and firm in his field. Today Ashish Yadav at the age of 17 has a vast range of accessories and a number of buyers online ... Read More »

A dip in GDP is part of growth process: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman today shrugged off questions on the GDP growth declining to 5 per cent in the first quarter, saying the ups and down are part of the growth process and the government is responding to the current economic challenges to revive demand and consumption in the country. Speaking at a press conference in Chennai, Sitharaman said a dip in the ... Read More »

This Concept Gadget Could Make Recycling Infinitely Easier

Cohda’s Recycling Identification Device could make the process of recycling far more intuitive. COHDA BY TOBIAS CARROLL / SEPTEMBER 8, 2019 12:45 PM Relative to decades past, recycling is on the rise. As innovations build on one another, more local governments are implementing recycling programs — and more people are getting into the habit of separating their trash from materials that can ... Read More »

How To Turn Your Android Phone Into A Computer

If you wish to turn your Android device into a fully functional computer, you can search among the lot of launcher apps on the Google Play Store. On Android, you can bring the desktop UI. There are mainly 3 main methods to do that. You can easily do it by attaching your device to a monitor or a TV with ... Read More »

Russian Startup ‘Muffin Computer’ Wants to Keep Your Smartphone Cozy on Cold Days

I was chugging coffee and eating currywurst in the press room at Messe Berlin, scrolling through the IFA app when I found Muffin Computer. Or should I say Muffin Computer found me. What is Muffin Computer? Muffin Computer is a Russian tech startup—a fact that initially caught my eye as I was hoping to find some interesting European vendors at ... Read More »

Finance Ministry officials to meet heads of CPSEs for capital expenditure push

The government has a capital expenditure plan of Rs 3.3 lakh crore during the current financial year. To revive sagging economy, the finance ministry will hold meeting with heads of central public sector enterprises (CPSEs) on Friday to impress upon them the need to expedite capital expenditure. The government has a capital expenditure plan of Rs 3.3 lakh crore during ... Read More »

Hello, Computer: Inside Apple’s Voice Control

This year’s Worldwide Developers Conference was big. From dark mode in iOS 13 to the newly-rechristened iPadOS to the unveiling of the born-again Mac Pro and more, Apple’s annual week-long bonanza of all things software was arguably one of the most anticipated and exciting events in recent Apple history. Accessibility certainly contributed to the bigness as well. Every year Apple moves mountains to ensure accessibility’s presence ... Read More »

Finance Ministry expects remaining four banks to be out of PCA framework this fiscal

New Delhi: The finance ministry expects the remaining four public sector lenders to be out of the RBI’s prompt corrective action (PCA) framework with the recent round of capital infusion. Currently, Indian Overseas BankNSE -0.96 % (IOB), Central Bank of India, UCO Bank and United Bank of India are under this framework which puts several restrictions on them, including on lending, management compensation ... Read More »