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Author Archives: Loknath Das

RBI to consider ‘on tap’ licensing for small finance banks

The Reserve Bank of India (RBI) on June 6 said it was considering “on tap” licensing for small finance banks. The central bank said it would issue draft guidelines on the licensing of such banks by the end of August 2019. “There is a case for more players to be included to enhance access to banking facilities to the small ... Read More »

You’ll spend a DECADE of your life on gadgets and share nearly 100,000 posts, study suggests

THE AVERAGE Brit will spend the equivalent of a decade of their lives using smartphones, tablets and laptops – and share a staggering 92,053 social media posts, it has emerged. Researchers who carried out a detailed study discovered the true extent to which every element of our lives is conducted while holding, or staring at a high-tech device. 2 Social ... Read More »

Delhi police bust gang of mobile smugglers who sent stolen phones to Nepal

With the arrest of seven persons, including a Nepalese national, Delhi Police have busted a gang of mobile phone thieves who used to steal cellphones from here and smuggle them to Nepal. A total of 311 high-end cellphones worth ₹60 lakh, including 90 iPhones, were recovered from their possession, a police officer said on Sunday. “The accused, identified as Rohit (23), Naresh Kumar ... Read More »

Hopes of cheaper finance, consumption growth to propel equities

Reserve bank of India will announce the FY20’s second bi-monthly monetary policy on June 6. Currently, the policy repo, or central bank’s short-term lending rate for commercial banks, stands at 6 per cent (Representational Image) Mumbai: Prospects of cheaper finance along with a liquidity boost from the apex bank will sustain the uptrend in equity markets during the coming week, analysts ... Read More »

Cool Gadgets to Look Out for in 2019

If you’re a tech enthusiast, then you will understand the ever-changing nature of the industry. What was hot last year is all but outdated this year. Technology itself, by design, is forever evolving. If you follow along with the gadget flow, you’re always finding the latest gadgets and gear. Here are some cool gadgets to look out for in 2019. ... Read More »

Best tech for endurance athletes: Gadgets to help you go long

Then you need kit that’s going to tough it out with you and give you all the help you can get as you push yourself to your limit. Here’s the best tech to help you go the distance in training and on race day. POLAR OH1+ HEART RATE MONITOR (£69.50) Keeping tabs on your ticker during a triathlon presents unique ... Read More »

Mobile Speeds Slow Down as India Falls to 121 Position in Speedtest Global Index for April 2019

India witnessed a dip in mobile speeds in April 2019 with its rank remaining at 68th position in fixed broadband speeds globally and has decreased in ranking to 121 in mobile speeds, Ookla, the company behind Speedtest, said on Monday in updates to its Speedtest Global Index for April 2019. While India has maintained its position in fixed broadband with ... Read More »

The few places where you can still buy a Huawei phone in the US

In many regions around the world, Huawei phones are easy to come by. They’re sold through carriers, and available in stores. That’s not the case in the US, where Huawei does not officially sell its devices and no carriers offer them. If those things aren’t a deterrent, you’ll likely have to go online to buy one, and even then, the ... Read More »

Heads up, handypeople: These DIY tools and gadgets are on sale

If you’re into tools or gadgets, Memorial Day weekend is your Christmas. Take an extra 15% off the final price of these DIY accessories – all of which are already on sale – by entering the promo code WEEKEND15. LUXJET Universal 24-in-1 Magnetic Screwdriver Set & Repair Kit This small but sturdy kit won the 2019 IF Creative Design Award in ... Read More »

Eveready Appoints Two Senior Finance Officials, Co Denies

Eveready Industries India Ltd (EIIL) has appointed two joint chief financial officers, amid talks that its parent, the Williamson Magor Group, is scouting for a strategic partner for the dry cell battery major. Eveready Industries has denied the appointments to be any indication of a possible restructuring in the company, maintaining that the move was a part of the career ... Read More »