Tuesday , 26 March 2019
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Author Archives: Loknath Das

Tighter housing finance norms on cards after IL&FS, DHFL defaults expose risks

The banking system continued to face liquidity constraints. Daily average liquidity deficit stood at Rs 94,585 crore in the week through February 28. The National Housing Bank (NHB) is considering tightening the asset-liability management (ALM) norms for housing finance companies (HFCs) to help detect their solvency concerns early to ensure swift course correction, sources told FE. “The ALM guidelines relating ... Read More »

How the new Rainbow Six Siege Aussie operators’ gadgets work

Ubisoft has detailed exactly how Rainbow Six Siege’s next two operators—Gridlock and Mozzie—will use their gadgets to mix up the meta when Operation Burnt Horizon launches at the start of Year 4. Gridlock is a three armour attacker who carries Trax Stingers. These stingers, when thrown, will create a growing cluster of spike traps designed to slow down defenders or flush them ... Read More »

PUBG Mobile India Series 2019 Grand Finals to be Held in Hyderabad: Here Are The Details

Earlier this year, PUBG MOBILE announced the launch of India Series 2019, the latest in its efforts towards the growth of India’s PUBG MOBILE esports ecosystem. The Grand Finals of the PUBG Mobile India Series 2019 is all set to take place on the 10th of March 2019 at GMC Balayogi Indoor Stadium, Hyderabad, with the support of the Telangana ... Read More »

PUBG Mobile India Series 2019 Series Grand Finale on March 10, total prize money Rs. 1 crore and other details

The tournament was open to all Indian residents who had a PUBG Mobile account above level 20. Over 2,000 teams were selected for the Playoffs, from which the 20 best teams will fight it out at the Grand Finals. PUBG Mobile Earlier this year, PUBG Mobile announced the launch of India Series 2019, the latest in its efforts towards the ... Read More »

India offers the world’s cheapest mobile data: report

India offers some of the world’s cheapest mobile data packs, with the US and UK logging among the highest prices, new research in the UK revealed on Tuesday. Price comparison site Cable.co.uk found that 1 gigabyte (GB) of data cost USD 0.26 in India, compared to USD 6.66 in the UK. The US had one of the most expensive rates, ... Read More »

Meaning of ‘Abhinandan’ has evolved today: PM Narendra Modi at Construction Technology India 2019

Prime Minister Narendra Modi on Saturday inaugurated the Construction Technology India (CTI)-2019 Expo-cum-Conference in the national capital. The two-day event also saw the participation of technology providers, start-ups, researchers, developers, academia, public sector agencies and other domain experts. The Construction Technology India Conference will provide avenues for stakeholders to open up new areas for collaboration and facilitate conversion of ideas into market-ready products. Proven ... Read More »

Arun Mehta assumes office as principal secy finance

Arun Kumar Mehta Friday assumed office as principal secretary finance as he formally took over the charge from outgoing Navin K Choudhary, now principal secretary industries and commerce. According to an official spokesperson, senior functionaries of finance and allied departments were present on the occasion which was followed by an introductory cum review meeting.   Navin Choudhary gave the new ... Read More »

New DoT import norms to help mobile cos launch products faster: ICEA

The DoT on Tuesday said it has issued instructions to liberalise import norms for prototypes and sample products, among others, in licence-exempt bands without the need of Equipment Type Approval (ETA). Representative image | Image credit: Pixabay New Delhi: The Department of Telecom (DoT)’s recent decision to relax import norms for prototypes, sample products, and test and measurement equipment in ... Read More »

Tax cuts should boost Indian real estate demand, but many issues linger

A tax cut by India to help the country’s troubled housing sector should boost home sales, but by itself will not be enough to put cash-short developers on more solid ground, say industry executives. On February 25, a government body said the sales-tax on under-construction residential houses in April will drop to 5 percent from 12 percent, while that on ... Read More »