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Deccan Chronicle - India 02/22/2019 18:35
Mumbai: India’s debt-to-GDP ratio has touched 150 per cent, the highest-ever level, even as the government debt scaled to 68.4 per cent of GDP, making it among the highest in major emerging markets. This apart, the debt of non-government non-financial companies (NGNFs) has now reached an all-time high of 81.4 per cent of GDP, according to a study by Motilal Oswal Financial Services. “Notwithstanding the IL&FS default in late September 2018, non-government non-financial companies (NGNF) debt in India continued growing unabated in 3QFY19, beating all the fears related to the adverse impact on India’s financial system,” the report said. The study found that India’s total debt increased from $1.6 trillion, or Rs 80.3 lakh crore, a decade ago to.
Deccan Chronicle - India 02/22/2019 18:30
Chennai: After growing steadily for the past many years, fintech investments declined by 30 per cent last year. Investments across private equity, venture capital and merger & acquisition deals in the financial technology sector fell from a record $2.4 billion in 2017 to $1.7 billion in 2018, shows KPMG data. The industry’s growth was spectacular in 2017. In the second quarter of 2017, investments had touched a high of $1.6 billion, contributing to the 54 per cent yearly growth over 2016. In 2017, Paytm had received an investment of $1.4 billion, which drove the fintech fundraising activity. According to industry experts, one reason for the decline in the investment value last year was the high base of 2017. The one-off investment in Paytm
Deccan Chronicle - India 02/22/2019 15:49
Mumbai/New Delhi: A separate Public Debt Management Agency (PDMA) to manage the government’s market borrowings and public debt could soon be a reality. The government think-tank Niti Aayog’s Vice Chairman Rajiv Kumar on Friday batted for setting up an independent debt management office outside the purview of Reserve Bank of India, saying it was "an idea whose time has come". “It is important for this particular office be separate, because then you can pay much more attention on public debt management. That will help the government bring down the cost of its debt,” Kumar said at an event in New Delhi. According to economists, with a borrowing of Rs 6-7 lakh crore a year, the incremental saving to the government from the PDMA mechanism could
Deccan Chronicle - India 02/22/2019 13:31
Gaming is not ‘kids’ play’ anymore. Thanks to its popularity, e-sports is now functioning like other professional sports leagues. Players are full-time professional players, who are paid salaries by teams and trained by professional coaches. Professional teams are supported by sponsors and event organisers, and they operate the same way as major international football, basketball or cricket clubs. The gaming leagues and tournaments are getting more and more participation in our part of the world, too. Toonz Animation Academy’s gaming tournaments are the forerunners among them in Kerala, and the academy is back with a new tournament, which will be held on February 27. Gamers will get more excited this time, as the participants will play the
Deccan Chronicle - India 02/22/2019 08:02
Home Automation was once viewed as a luxury, with its primary purpose being to serve as a show piece of the home or an amusing toy to manipulate things around the home. This reality has changed, not just due to the development of technologies, but because of fundamental changes that are occurring in our everyday lives. The confluence of many socio-economic factors in conjunction with the evolving technologies may serve as the ‘perfect storm’ for home automation to break out. With a median age of Indian population rising to around 28 years and those that get successfully employed also purchasing homes by the time they are 35-38years old, there is now a social class that has the right combination of disposable income; often are either technop.
Deccan Chronicle - India 02/22/2019 07:44
CORSAIR has launched DOMINATOR PLATINUM RGB DDR4 Memory, raising the bar once again for premium, world-class DRAM. DOMINATOR PLATINUM RGB delivers the high performance that custom PC enthusiasts demand for their cutting-edge systems, while renewing the celebrated and iconic design of DOMINATOR PLATINUM. A fully updated aluminum heatspreader, hand-sorted memory chips, frequencies up to a record-setting 4,800MHz, and individually addressable RGB lighting - a first for a DOMINATOR PLATINUM module - combine to create DDR4 memory that's in a class of its own. Each module of DOMINATOR PLATINUM RGB represents the pinnacle of premium craftsmanship, starting with a custom 10-layer PCB that guarantees signal quality and stability. Every memory chip i.
Deccan Chronicle - India 02/22/2019 07:23
Most of the Micro Small Medium scale Enterprises (MSMEs) may have embraced the easier norms and relaxations provided to the start-ups by the union government, despite the easier norms there lays a voice that still opposes the norms, and relaxations provided by the government, after it revised the disputed ‘anti-abuse’ provision in the Income Tax Act, 2012 also called angel tax, reported the Financial Express. No exit point. The only doubt that lies within the stakeholders is – why were those startups, which had received tax notices were not taken into consideration. A survey conducted by PE, VC body Indian Private Equity and Venture Capital Association (IVCA) and community social media platform LocalCircles during early February, showed abov.
Deccan Chronicle - India 02/22/2019 07:22
New Delhi: NTPC Ltd, the country's largest electricity generator, on Friday said it has paid an interim dividend of Rs 2,951.88 crore for the financial year ending March 31, 2019. The dividend is 35.8 per cent of the paid-up equity share capital of the company, NPTC said in a statement. The Government of India, which owns 58.93 per cent stake in NTPC, received Rs 1,739.61 crore as its share in the interim dividend. "The RTGS advice for the transfer of Rs 1,739.61 crore to the Government of India was presented to Power Minister R K Singh by NPTC Chairman and Managing Director Gurdeep Singh," it said. This is the 26th consecutive year that NTPC has paid a dividend.
Deccan Chronicle - India 02/22/2019 07:17
Bengaluru : Defence public sector unit Hindustan Aeronautics Ltd on Friday signed an MoU with Central Public Works Department for execution of the stage 2 infrastructure development works at its greenfield helicopter factory in Tumakuru at the Aero India here. The MoU was signed by GVS Bhaskar, Chief Executive Officer, Helicopter Complex and Rajesh Jain, Chief Project Manager (CPM), HAL project zone, CPWD in the presence of R Madhavan, CMD, HAL, a release said. HAL said the stage 2 works include development of infrastructure for structural assembly and equipping of helicopters at Tumakuru.
Deccan Chronicle - India 02/22/2019 07:02
Berlin: German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car charging business on Friday to compete with mobility services provided by Uber and other tech firms. The luxury car firms said they would invest more than 1 billion euros (USD 1.13 billion) to expand the joint venture, shifting beyond manufacturing and car sales towards pay-per-minute or pay-per-mile systems. Consultancy PwC has said carmakers face marginalisation by cash-rich technology firms unless they develop services based on vehicle usage. Established ride-hailing firms have been expanding.
Deccan Chronicle - India 02/22/2019 06:44
In today’s time, teaching kids through the right medium can prove to be one of the most challenging tasks for the current generation of parents. However, with new times, comes a new solution in form of technology. Here are four apps that make learning a lot more interesting. Kings Learning :. Studies tend a toll on adults especially when your kid’s exam comes knocking your door. Apps like Enguru, an English learning app can help you school kids in building a strong foundation for grammar on the go. Their engaging approach can be a substitute for mobile video games for children. Improve English: Word Games:. For those who are learning English as an additional language, Improve English: Word Games will provide a steady progression of understand.
Deccan Chronicle - India 02/22/2019 06:29
Pune: Interest rates have moved upwards in 2018 and are expected to peak in 2019. This will serve as an essential corpus building time for investors, especially senior citizens. Senior citizens can benefit from increasing interest rates by investing in fixed income instruments. Banks and NBFCs (non-banking financial instruments) are offering 0.25 per cent to 0.5 per cent increased rates to senior citizens. Bajaj Finance Fixed Deposit has emerged as the best offering with a high-interest rate of 8.75 per cent, which goes up to 9.10 per cent for senior citizens. Why FDs are the best option for senior citizens? For senior citizens, investing in high-yielding, debt-focused instruments like fixed deposits can ensure the safety of capital and sta.
Deccan Chronicle - India 02/22/2019 06:13
D-Link today announced its new generation of Lite Layer 3 Managed Gigabit Switches- the DGS-3130 series in India. The switches are available in 24 or 48 10/100/1000BASE-T Mbps or SFP Gigabit Ethernet port models, including two models with full PoE support to provide a complete 10G managed switch portfolio. The series is the first on the market with six built-in 10G stacking/uplink ports providing high physical stacking bandwidth (up to 9 switches with 80G bandwidth) and flexibility with a variety of port combinations. Three software images are combined into a single, unified software image to provide powerful Layer 2 and Layer 3 features necessary to fulfil a wide range of different application requirements. The DGS-3130 series offers relia.
Deccan Chronicle - India 02/22/2019 06:01
After reports emerged about YouTube overlooking the loopholes that allow pedophiles to abuse the platform to network through comments on innocuous videos, some of the top brands are reportedly backtracking from advertising on the Google-owned platform. Major companies, including Nestle, Epic, Disney and McDonald’s announced that they have put on hold their advertising on YouTube.
Deccan Chronicle - India 02/22/2019 05:59
Las Vegas : Winter storms in the US Southwest brought snow to places it rarely falls, dusting casino marquees on the Las Vegas Strip and sticking at very low elevations on the foothills around Southern California. “No need to panic Los Angeles, the LAPD is on snow watch,” the city’s police department tweeted, along with video of a light flurry. Snow fell in the Santa Monica Mountains above the Malibu coast. In the nearby celebrity haven of Calabasas, actor Jerry O’Connell recorded video of himself as snow fell on his car and quickly melted. “It is snowing in Calabasas, crazy!” he said. The National Weather Service had said the snow level could lower to 1,000 feet (305 meters). Earlier, the storm coated large areas of desert northeast of Los.
Deccan Chronicle - India 02/22/2019 05:52
Seoul: The current bilateral trade between India and South Korea is pegged at USD 21 billion and the target that has been set is USD 50 billion by the year 2030, the Ministry of External Affairs (MEA) said on Friday. Summing up Prime Minister Narendra Modi's two-day visit, Vijay Thakur Singh, Secretary (East) MEA, said, "There was an exchange of views between PM Modi and South Korean President Moon Jae-in on global & regional situations.
Deccan Chronicle - India 02/22/2019 05:43
Nike built one of the coolest smart shoes but probably forgot to test its compatible app, leaving users frustrated. Adapt BB by Nike are the company’s self-lacing shoes which use a compatible smartphone app called Nike Adapt to execute the function of self-lacing. However, a number of users are reporting on the app page on Google Play that the app doesn’t pair properly with the shoes, leaving them practically useless.
Deccan Chronicle - India 02/22/2019 05:37
If Poland excludes Chinese tech giant Huawei from 5G development it would cause difficulties and possibly delay the network rollout, the chief executive of the Polish unit of T-Mobile said on Thursday. "If you exclude a market leader, and Huawei is a market leader in new technology, and knowing that you have almost all operators having Huawei equipment, this will bring some difficulties, this is clear.
Deccan Chronicle - India 02/22/2019 05:29
US Secretary of State Mike Pompeo on Thursday warned that the United States would not be able to partner with or share information with countries that adopt Huawei Technologies Co Ltd systems, citing security concerns. In an interview on Fox Business Network, Pompeo said nations in Europe and elsewhere need to understand the risks of implementing Huawei’s telecommunications equipment and that when they did, they would ultimately not use the company’s systems. “If a country adopts this and puts it in some of their critical information systems, we won’t be able to share information with them, we won’t be able to work alongside them,” Pompeo said. “We’re not going to put American information at risk,” he added. Asked about European nations pus.

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