Syria: Putin renews call for political deal in Assad visit

Russian President Vladimir Putin has renewed his call for a political solution to the war in Syria, during a rare visit by the Syrian leader. Mr Putin told Bashar al-Assad the military campaign was “wrapping up”, but there was still “a long way to go”. A two-year Russian air campaign has given Syria a clear upper hand in the civil war, which began in 2011. The meeting comes ahead of talks between Syria’s allies Russia and Iran, and Turkey, which backs the rebels. The three powers have increasingly co-operated in…

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Visiting Costa Rica this winter holiday? Here are 10 helpful tips to keep in mind

Waiting to explore the lush and wild world of Costa Rica? Here are a few things to keep in mind. One of the most ecologically rich destinations in the world, Costa Rica is a relatively small Central American country with an abundance of environmental attractions. The country’s imposing volcanoes, tropical forests, wildlife, botanical gardens, stunning river valleys, and hundreds of beaches along the Pacific and Caribbean coasts make for an enchanting journey. The rich sights and sounds of this dream vacation spot are sure to amaze you and help you…

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Xiaomi Says It Shipped 9.2 Million Smartphones in India Last Quarter

HIGHLIGHTS Xiaomi shipped 9.2 million smartphones in Q3 2017 This is a record for the Chinese company in the country Xiaomi Redmi Note and Redmi 4 are the top selling smartphones Xiaomi has announced that it shipped 9.2 million smartphones, a record number of units, in India in Q3 2017. The announcement was made by Manu Kumar Jain, Vice President Xiaomi and Managing Director Xiaomi India in a tweet. Jain also shared a piece of trivia about Xiaomi smartphones shipments in the country. “We started with a humble beginning of…

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Can paperless finance technology increase household income in India?

The Reserve Bank of India (RBI) committee looking into household finance has several fascinating takeaways into what impedes Indian families from saving, insuring, and investing better. Headed by Tarun Ramadorai, professor of Financial Economics at Imperial College London, the committee report says households can significantly augment their annual income if they had access to formal financial institutions and products, and that technology has a key role to play in ensuring this access. A good money management plan can help augment a household’s income. The household finance report determines this augmentation…

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In finance, what is Leveraged buyout?

This refers to a financial transaction wherein a company is acquired by another, predominantly through the use of debt. Leveraged buyouts, by allowing companies that lack sufficient investment capital to use borrowed capital to acquire other large businesses, are said to facilitate large financial transactions. Many leveraged buyouts, however, fail eventually when the cash earnings from the acquired business fail to justify the debt payments incurred over a number of consecutive years. Since the lender is subject to substantial financial risk, it is not unusual to see the acquired business…

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Apple Supplier Is Said to Plan India Expansion in iPhone Manufacturing Push

HIGHLIGHTS Apple supplier Wistron is reportedly looking to expand production Wistron executives are said to be looking for about 100 acres of land Wistron may use expanded facilities for other brands as well Apple’s primary iPhone assembler in India is scouting for about 100 acres of land in Bengaluru to expand its facilities for the world’s most valuable company, according to people familiar with the matter said. Wistron executives toured the city last week and have shortlisted a few parcels including one plot close to the airport, said the people, asking not to be…

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InFocus Snap 4 India Price Slashed in Limited Period Discount on Amazon

HIGHLIGHTS InFocus Snap 4 available at a reduced price It’s exclusively available on Amazon India The limited period discount ends on November 17 InFocus on Tuesday announced a limited period price cut on its Snap 4 smartphone in India. The InFocus Snap 4 will be available at a special price of Rs. 9,999 on Amazon India. The limited period Rs. 2,000 discount is applicable from November 1 to November 17. To recall, the Snap 4 was exclusively launched on Amazon India at Rs. 11,999 in September. One of the biggest highlights of the InFocus Snap 4…

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Sexism was pervasive in finance, says Virgin Money boss

Virgin Money boss Jayne-Anne Gadhia has told MPs that sexism was “pervasive” in the “very male culture” of finance. Ms Gadhia spoke of one example from her time at Royal Bank of Scotland when a senior woman was very upset because she was “expected to sleep with her boss”. She was speaking to MPs as part of their inquiry into women in finance. Ms Gadhia, who was at RBS from 2001 to 2007, added that the industry had improved at dealing with sexism in the workplace. Parliament’s Treasury Committee is…

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Board exam for Class 10 in CBSE schools to return: HRD minister Javadekar

Board examination for Class 10 in CBSE schools will be reintroduced as part of the ongoing reforms in the education system, Union human resource development (HRD) minister Prakash Javadekar said Friday. At present, it is optional for CBSE students to choose either the board exam or a school-based examination. It has also been decided to conduct examinations in Classes 5 and 8 and students who would fail in the end-term examinations would be detained in these classes, Javadekar said in Puri. However, the students would be given an opportunity to…

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Schools failing to educate students to succeed in life in countries like India: World Bank

Washington The World Bank has warned of a learning crisis in global education, particularly in low and middle-income countries like India, underlining that schooling without learning is not just a wasted development opportunity, but also a great injustice to children worldwide. The Bank in its latest report has noted that millions of young students in these countries face the prospect of lost opportunity and lower wages in later life because their primary and secondary schools are failing to educate them to succeed in life. According to the World Development Report 2018: Learning to…

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