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How to lose a technology cold war: Restrict visas

Loknath Das

Last week, China’s education ministry issued a warning to students: if you’re thinking about studying in the United States, you might want to think again. Citing a rise in visa delays and refusals, officials called on students to adjust their “risk assessment” of pursuing an American education. While it might be tempting to dismiss the statement as a propaganda ploy amid a deepening trade conflict with China, the fact is that the Trump administration has taken steps that restrict Chinese students and researchers from coming to the United States, putting the…

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Family finance: Salaried Krishna needs to align investments with goals

Loknath Das

P. Vamsee Krishna, 37 years, stays with his homemaker wife and two children, aged 10 and eight, in his own house, in Hyderabad. He is a software engineer, who brings in a salary of Rs 1.05 lakh a month. Besides his own house, for which he has taken a home loan and a top-up loan, he also has a plot of land. He is servicing the home loan and a gold loan with EMIs of Rs 19,200. His goalsinclude building an emergency corpus, saving for kids’ education and weddings, retirement, and…

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British Airways passenger forced to travel on seat covered in dried vomit

Loknath Das

After the carrier failed to issue an apology the man shared the photo on Twitter. A British Airways (BA) business class passenger was left feeling ‘disgusted’ when he had to travel in a 10-hour flight on a seat plastered in vomit. Dave Gildea, vice-president of a software company in San Francisco was travelling from London to Seattle when he reportedly upgraded to business class at Heathrow Airport. However, instead of having a comfortable experience, he was dismayed to see vomit all around his designated seat. The 38-year-old man said when…

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An open letter to finance minister Nirmala Sitharaman

Loknath Das

Dear Madam Finance Minister, Welcome to the exciting world of finance that you have just taken charge of. I have covered this space as a beat reporter for 25 years and so I am taking the liberty to give a glimpse of this sector as I see it. First, my biases: I have a gender bias and I am truly happy that India has her first woman finance minister (the only previous instance was more a part-timer). Not just me, but even men say women bring more sincerity, honesty,  integrity…

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Tencent’s latest education push is a nod to new collaborative structure

Loknath Das

When Tencent announced it had formed a new education brand this week, the internet giant wasn’t just flexing its muscles to conquer China’s booming online education sector. The new initiative is also an early result of Tencent’s long plan to foster more internal collaboration at a time when its core businesses, the lucrative video gaming segment and the billion-user WeChat,  are under attack. Called “Tencent Education,” the new brand consists of 20 products across all six of the firm’s business groups, announced executive senior vice president Dowson Tong at the company’s annual…

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5 points to consider before selecting travel credit cards

Loknath Das

Travel credit cards can be an excellent tool for business travellers and holiday makers. These cards earn you higher reward points and other benefits on travel-related expenses. You can redeem accumulated reward points for air tickets, hotel stays and other expenses. They also enrich travel experience by providing complimentary airport lounge access, additional baggage allowance, dedicated concierge service and priority check-in at airports. Following are the points that you must factor in while selecting your travel credit card: Co-branded or non-co-branded credit card: Co-branded cards bear the name of their…

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Ticketmaster put an end to screenshots with new digital ticket technology

Loknath Das

Ticketmaster is turning to new technology to help fight ticket fraud. The ticketing giant today unveiled its next-generation digital tickets, “Safetix,” which are tied to the ticket holder’s mobile device through an encrypted barcode that automatically refreshes every few seconds. The tickets will also support NFC technology, allowing fans to enter venues through a “tap and go” experience. The company says ticket holders will later this year be able to add their contactless ticket to Apple Wallet, so they can enter a venue with their iPhone or Apple Watch. This…

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Need to closely monitor asset-liability mismatch in financial sector: Krishnamurthy Subramanian

Loknath Das

NEW DELHI: Chief economic adviser Krishnamurthy Subramanian has said there is a need to closely monitor the asset-liability mismatch in the financial sector and called for an improvement in the disclosure framework for defaults, as embattled non-banking financial companies (NBFCs) face a liquidity squeeze and rating downgrades. In a wide-ranging interaction at the ET office, Subramanian termed the Insolvency and Bankruptcy Code (IBC) a big change, and said the economy had done well by growing at an average 7.5% over the past five years even though there has been a slowdown in…

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Prudential Singapore seeks collaboration with technology companies to chart the future of insurance

Loknath Das

In a world that is seeing game-changing disruptions across geographies and sectors, Singapore has positioned itself as a centre of innovation. Much like India, the financial services industry in Singapore is also undergoing transformation. Today, the digital wave is changing the way we work. Several organisations in Singapore like Visa, PayPal, KPMG, DBS and more are working with technology companies to deal with the digital disruption. Prudential: Bridging scale-ups globally to enter the Singapore market Prudential, one of Singapore’s leading and longest-standing life insurers, is riding this transformation wave –…

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UP Board Result 2019: India Today Education is hosting Class 10, 12 Results 2019, steps to download

Loknath Das

UP Board Results 2019 will be declared soon on the official website. UP Board Results 2019 can be checked directly via India Today Education at https://www.indiatoday.in/education-today/results. Although the Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP) will announce the UP Board 12th and UP Board 10th result on its official website upmsp.edu.in, it might tend to crash due to the influx of candidates. This year, over 30 lakh students had registered for UP Board Class 12 Exams. This year over 58 lakh students registered themselves for the UP Board exams out of which…

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