Coronavirus | 3 personal finance authors on how to cope with this market chaos

I believe the technical term for what we have been experiencing in the financial markets is: Aargh! (‘Bloodsuckingly bad’ also works.) I’m not sure how much it helps, but I’ve been through something like this before, during the market meltdown of 2008, when the S& P 500 fell more than 38 percent in just that year. But most millennials, the people born from 1981 to 1996, have not experienced these kind of losses as investors. How should they be thinking about their financial future? To find out, I asked the…

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Technology Will Aid Compliance With CRE Environmental Regs

Jake Fingert, general partner at Washington, D.C.-based Camber Creek CAMBER CREEK Many industries are confronting increasing pressures to reduce energy consumption. The commercial real estate industry is no exception. Among the most daunting recent hurdles is the new climate change bill in New York City. It mandates a four-fifths cut in carbon emissions emanating from buildings within the next 30 years. The problem? Today’s most advanced technology is able to slash energy utilization by less than half (46 percent). Current smart energy management systems can take energy conservation efforts only…

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Synamedia Teams With World Wide Technology

ATLANTA and ST. LOUIS — Synamedia, the world’s largest independent video software provider, today announced that it has entered into an international strategic partnership with technology and supply chain service provider World Wide Technology (WWT). The companies are joining forces for sales and delivery management, and this mutually beneficial partnership will provide Synamedia’s best-in-class video products and solutions to WWT’s customers while helping to strengthen Synamedia’s reach across regions. WWT’s network augments the distribution of Synamedia’s products to satellite DTH, cable, telco and OTT operators, broadcasters, and media companies around…

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Mind-reading technology lets you control tech with your brain — and it actually works

LAS VEGAS — It’s not the self-driving cars, flying cars or even the dish-washing robots that stick out as the most transformative innovation at this year’s Consumer Electronics Show: It’s the wearable gadgets that can read your mind. There’s a growing category of companies focused on the “Brain-Computer Interface.” These devices can record brain signals from sensors on the scalp (or even devices implanted within the brain) and translate them into digital signals. This industry is expected to reach $1.5 billion this year, with the technology used for everything from…

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‘Building smart cities starts with people, not technology’

When The Jetsons, the candy-coloured cartoon family, came on TV screens in the 1960s, they presented a utopian world powered by technology. From humanoids, holograms, smartwatches and phones, to video chat, drones and 3D printed food, they used things that were straight from a science fiction novel. Now, these things have become an everyday reality, and countries are trying to utilize them to create a smart world. “Smart”, however, doesn’t mean just installing digital interfaces in traditional infrastructure. Building smart cities, in fact, start with people, not technology. It means using…

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Citroen partners with Axis Bank for auto finance in India

New Delhi: French automaker Citroen on Wednesday has entered into a white-label arrangement with Axis Bank, as a preferred Banking partner, to introduce Citroen Finance in India. Citroen Finance will provide retail finance and mobility solutions including value added products to its customers and customised credit solutions to its dealers in India, the company said in a statement. Roland Bouchara, Senior Vice President Sales and Marketing, Citroen India said, “This partnership with Axis Bank is in line with our commitment towards providing the best experience to our customers not only at our dealer showrooms but…

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Indiabulls Housing Finance share price falls 38% on concerns over merger with Lakshmi Vilas Bank

The share price of Indiabulls Housing Finance Ltd (IBHFL) crashed nearly 38% intraday to hit a fresh 52-week low today after Reserve Bank of India put private sector lender Lakshmi Vilas Bank under its prompt corrective action (PCA) plan. The development places the prospects of their prolonged merger into jeopardy. Indiabulls Housing Finance stock opened today with a loss of 6.79% to Rs 363, also its day’s high. Later, the stock crashed 37.8% and touched an intraday low as well as fresh 52-week low of Rs 240.10, against the last…

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SBI Life signs corporate agency pact with Repco Home Finance

Private sector SBI Life Insurance on September 24 said it has signed a corporate agency agreement with city-based Repco Home Finance Ltd to offer the company’s range of products to RHFL customers. According to the agreement, the partnership would see over 148 branches and 27 satellite centres of RHFL spread across the country to offer SBI Life Insurance products to its customers. “The longevity associated with life insurance demands a very high level of consumer trust, which is built with tie-ups with highly credible distribution partners. This tie-up with Repco…

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Connecting With Technology Mentors: 10 Effective Methods For Young Professionals

Technology is evolving at an unprecedented rate. Newcomers to the industry may find themselves facing a slew of challenges and trends they couldn’t have predicted during their time in school. Having an experienced tech veteran by their side to show them the ropes and help them adapt can make all the difference in their career success. As experienced tech professionals, the members of Forbes Technology Council understand how beneficial mentorships can be in this ever-changing field. To help you facilitate connections between your young employees and industry mentors, our panel of experts…

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15th Finance Commission holds meeting with Rajasthan bodies, industry

The 15th Finance Commission on Sunday held meetings with representatives of Rajasthan’s Panchayati Raj institutions, urban development bodies, trade and industry, and economists as part of its consultation process for making recommendations for the 2020-25 period. According to an official release, the commission headed by chairman NK Singh along with its members and senior officials met with the representatives of Rajasthan Panchayati Raj institutions (PRIs). The Commission expressed concern over issues pertaining to accounting of PRIs, including accountability mechanism and financial reporting of the Panchayati Raj Institutions in the State…

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