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Zuckerberg goes on charm offensive for Internet.org

In front of a packed audience here, Mark Zuckerberg turned on the charm.




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H-1B visa applications for 2017 drops to 199,000

The number of applicants seeking H-1B visas has dropped significantly with the US Citizenship and Immigration Services (USCIS) receiving only 199,000 petitions for 2017, compared with 236,000 in 2016, reflecting the impact of the recent protectionist measures undertaken by the American government.




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Creating a talent pipeline for tomorrow

By 2020, more than a third of the desired core skill-sets of most occupations will be comprised of skills that are not yet considered crucial.



  • Jobs and Education

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Air India arm Alliance Air to induct 8 ATR-72 planes for big low-cost RCS push

Alliance Air, which is the low cost regional subsidiary of Air India, will launch three new routes under the government's regional connectivity scheme by the end of September and will induct eight ATR – 72 aircraft by the end of FY18 to further consolidate and expand its operations.




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Government to rework strategy for setting up chip units

In March 2014, the government approved two projects for setting up semiconductor units and also created an empowered committee (EC) for implementation of the projects.




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Serious charges: Air Asia board says former CEO to blame

The board of directors of AirAsia Group (AAGB) on Tuesday rebutted all allegations levelled against the airline’s top brass including group CEO Tony Fernandes, deputy group CEO Bo Lingam and also AAGB and AirAsia India.




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US citizenship question goes on trial in the next US census to be held for the first time in 70 years

The trial, starting the day before a momentous midterm election, could help rewrite the nation’s political map for a decade.




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Tax rules for tech giants: EU’s divisive plan to tax Facebook, Amazon returns to spotlight

Spearheaded by France, the plan has met resistance from countries such as Ireland and Sweden, which question the wisdom of the EU going it alone given the global nature of digital services.




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Diwali dhamaka! Amazon offers free shipping on all orders for the holidays

Amazon.com said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart and other rivals vying for customers’ Christmas shopping sprees.




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In its largest-ever deal, SAP to buy Qualtrics for $8 billion

That’s a field Europe’s biggest software company wants to gain a stronger foothold in because it’s growing faster than its core enterprise software business.




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Trade meeting result: US to take U-turn on car tariffs for now

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.




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Ivanka Trump ‘used’ personal e-mail for official White House business

Ivanka Trump, the president’s daughter and a top White House adviser, sent hundreds of e-mails about government business from a personal e-mail account last year, The Washington Post reported on Monday.




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Federal Reserve may get less bang for the buck if it repeats 2016 rate pause

For the Federal Reserve, 2019 has started out looking a lot like 2016: The last time uncertainty over global growth roiled financial markets for months on end.




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Captain Marvel targeted by Online trolls, but Disney was ready for them

Executives and strategists try to keep their tactics under the radar, and Disney declined to provide an executive to comment on its tactics. But the studio’s answer to the online hate is there for all to see on the internet.




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what r the qualities r required for a lawyer ?

1)for a lawyer , typing and short hand is required or not?




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Libra Horoscope for May 9, 2020

Overeating and high calorie diet needs to be avoided. If you are a student and want to study abroad, then financial crisis at home can upset you today. Festive atmosphere at home would ease your tension. Make sure you also participate in this and not remain like a silent spectator. Your beloved today would like to say his/her mind rather than listening to you. This can make you upset. The day is good. Hence, along with others, you will be able to make some quality time for yourself. You may take your partner for granted in certain case, which will lead to a fight. Avoid stepping out of your boundaries while joking with friends, as it can ruin your friendship.




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‘Bandhan Bank does not foresee much hiccups in microfinance collections once lockdown lifted’

Loans and advances grew 60% year-on-year during 2019-20, from Rs 44,776 crore in March 31, 2019. Its total deposits grew 32% y-o-y to Rs 57,073 crore during the fiscal ended March, 2020. The bank had total deposits of Rs 43,232 crore as at end of March 2019.




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Yes Bank bailout: Pain for private banks, gain for PSU banks

The Yes Bank crisis, coupled with the coronavirus outbreak, may have some dire impact on India’s smaller private sector banks.




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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic

"Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand.




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SBI to provide Rs 50-200 crore to NBFCs for up to 5 years

NBFCs face a double whammy because they are offering moratorium to customers despite not getting one themselves from their lender banks, as per Crisil.




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HDFC Bank board finalises Aditya Puri’s successor, waits for RBI nod

Jagdishan and Bharucha are the internal candidates and have been serving the bank for many years each, while Garg is working with American bank Citi at present.




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HDFC Bank: Net up 18%, names for new CMD decided

The bank saw the fallout of the lockdown in the second half of March, with loan origination and cross-selling of other products slowing down, the management said.




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RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s

The RBI announced the liquidity facility under the TLTRO 2.0 window for NBFCs and MFIs after these institutions failed to get funding under the earlier TLTRO scheme announced late in March.




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Good news for homebuyers! HDFC cuts lending rate by 15 basis points

The RBI last month cut the policy rate by 75 basis points to spur growth amid the COVID-19 crisis.




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COVID-19 effect: Most applied for moratorium out of caution, not stress, says HDFC Bank

The percentage of applicants is in low single digit as a share of the loan book, the bank said, but this could go up as it has not put a deadline or a cut-off for people to apply.




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April 23 Auction: PSL breather for TLTRO 2.0

Vydianathan Ramaswamy, director, ratings at Brickwork Ratings, said that the extension of deployment period to 45 days gives banks a better lead time to lend to a wider set of non-banks.




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Sidbi seeks bank, NBFC applications for availing RBI’s special liquidity facility

The tenor of Sidbi’s lending to financial institutions will be 90 days. MSMEs have been cash-starved for a few years and the lockdown to control the spread of Covid-19 is a body blow to their revenues.




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Bank advances grow 7.2%, deposits rise 9.45% in fortnight ended April 10

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.




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Axis Bank sets aside Rs 3,000 crore for COVID-19 impact

The bank’s advances grew 15% y-o-y to Rs 5,71,424 crore as on March 31, with retail loans up 24% y-o-y to Rs 3.05 lakh crore, accounting for 53% of the net advances.




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RBI extends curbs on Mumbai-based Co-operative bank for 6 months

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice.




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RBI corpus for MFs: Rs 4,000 crore borrowed by banks

The window was announced after the markets were roiled by news, last Thursday, of Franklin Templeton MF winding up six of its debt funds amid mounting redemptions. It will remain open till May 11.




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RBI makes it easier for banks to support mutual funds

On Thursday, the RBI said banks would be eligible for regulatory benefits irrespective of whether they supported MFs with resources from the special window or otherwise.




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COVID-19: NBFCs ask RBI for one-time restructuring of all loans till March 2021

RBI, on April 17, announced to provide special refinance facilities for a total amount of Rs 50,000 crore to NABARD, SIDBI and National Housing Bank (NHB) to enable them to meet sectoral credit needs.




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Nabard disburses Rs 12,767cr to state cooperative banks, RRBs for onlending

The loan has been disbursed under a refinance scheme by Nabard from its own resources and was given this week, it said.




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No takers for Covid-special credit lines, banks park record Rs 8.4 lakh crore with RBI

Having come up with emergency credit lines to help businesses weather the Covid storm, banks are seeing little demand for fresh credit at this stage.




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SBI offers 3-month repayment holiday for NBFCs

State Bank of India (SBI) has decided to give select Non-Banking Financial Companies (NBFC) a three-month repayment holiday, persons familiar with the development said.




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Kotak Mahindra Bank cuts pay by 10% for staff earning over Rs 25 Lakh

The communication further stated that Covid-19 is wreaking havoc on the economy which, in turn, will impact a financial services firm like KMB.




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SBI hikes home loan rates for new borrowers by 20 bps

Similarly, for home loans between Rs 30 lakh to Rs 75 lakh, the effective interest rate is now at 7.65%, compared to 7.45% earlier.




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Over 90% gold loan customers have not opted for moratorium: VP Nandakumar, MD and CEO, Manappuram Finance

In the gold loan category, which accounts for 87% of our standalone portfolio, more than 90% are servicing their dues.




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Indian Holidays Pvt. Ltd. Announces 5% Discounts for Select Deccan Odyssey Journeys

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...



  • Fri
  • 12 Oct 2012 00:00:00

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Golden Chariot is Now Available for Charter at $70000 (3.5 Million INR)

Karnataka Tourism’s flagship luxury train, the Golden Chariot is now available for charter at only $70000 (Rs. 3,500,000). The minister said: “Around 80 tourists can travel in the train per tour. By introducing the charter service, private individuals or organizations can have...



  • Thu
  • 25 Oct 2012 00:00:00

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Indian Maharaja Wins Third Successive Award for Best Asian Luxury Train

Indian luxury train, the Indian Maharaja, has bagged the award for the Best Asian Luxury Train for the third year in a row. The train was felicitated at World Travel Awards 2012, quoted by Wall Street Journal as “the travel industry’s equivalent to the Oscars”. The awards are...



  • Wed
  • 31 Oct 2012 00:00:00

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Deccan Odyssey Announces New Departure Dates for the Season

One of the premier luxury trains in India, the Deccan Odyssey, has announced revised departure dates for the remaining of the season. This luxury train will run for 4 more times before completing its 2012-13 season in April 2013. Dubbed India’s Blue Train, the Deccan Odyssey offer weeklong...



  • Tue
  • 18 Dec 2012 00:00:00

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Affordable Luxury - Deccan Odyssey Last Minute Deals

Did you know that India's has its very own fleet of trains similar to the legendary Orient Exprees of the West. There’s one more reason why you should book Deccan Odyssey for luxury train tour package with IndianLuxuryTrains.Com As the luxury train season draws to its conclusion by...



  • Thu
  • 21 Feb 2013 00:00:00

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ISRO’s most reliable partner HAL delivers ‘Made in India’ L-40 stage for GSLV-MKII

Besides the Integrated L-40 stages, HAL is also manufacturing the riveted structures, propellant tanks, feed lines of PSLV, GSLV MKII and GSLV MKIII launch vehicles and structures of various satellites for the space agency.




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By ignoring climate emergency, world leaders are forcing children to act: Greta Thunberg

Thunberg has become a leading voice for action on climate change, inspiring millions of students to join protests around the world.




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Gaganyaan: DRDO to provide special space food and emergency survival kit for ISRO’s manned mission

ISRO is already working on a Humanoid prototype (with a female form)for the Gaganyaan missions, which is expected to be sent out on a mission next year to test it out before actually sending humans in space.




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Amazon rainforest may collapse within decades if critical point is reached: Study

The scientists noted that the loss of such key stone species may lead to a rapid and dramatic change in the landscape within our lifetime.




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Moon’s own ‘big bang’? Study reveals story behind formation of Earth’s moon, mysterious ‘Theia’ role in it

Have you ever wondered why the moon is always there next to Earth? How did it come into existence and what is its relation to the Earth?