Hitesh and Shweta Siroya, 39 and 37 years, bring in a combined monthly income of Rs 1 lakh. They stay in their own house in Pune with their two children, aged 11 and three. Their portfolio, worth Rs 92.2 lakh, comprises Rs 60 lakh of real estate, Rs 2 lakh cash, equity worth Rs 19.6 lakh and debt worth Rs 10.6 lakh in the form of PPF, EPF, fixed deposit, debt funds and gold. Their goals include building an emergency corpus, saving for kids’ education and weddings, buying a car, taking a vacation and creating a retirement corpus. Financial Planner Pankaaj Maalde suggests they build…
Author: Loknath Das
Tesla is again restructuring its Autopilot software team, according to sources talking to Electrek. CEO Elon Musk is taking the reins with now even more people reporting directly to him and some senior staff being let go while others being promoted. In general, Tesla is known for having a high turnover rate, but it has been particularly true in the automaker’s Autopilot team. The team went through several different leaders over the last few years. In 2016, Autopilot program Director Sterling Anderson left to create his own startup in the field of automated driving. Chris Lattner, a respected software developer behind…
If you add up the biggest data breaches from 2018, they affected about a third of the world’s population. One can easily become cynical about the idea that data security no longer matters — all our information is already on the dark web. Just deal with it. And that’s with us spending over $100 billion per year on information security. Gartner estimates it will reach $124 billion in 2019, to be precise, yet we are not winning this battle. The Soft Underbelly For those of us who are not ready to just resort to security theater and do SBCTB (security by checking the box),…
Alittle more than a decade ago, the rivalry between EA Sports’ video-game series FIFA and Konami’s Pro-Evolution Soccer (PES) used to be a riveting affair—sales numbers were neck-and-neck and gameplay differences were debated passionately. And despite EA’s franchise having the upper hand, owing to its licence to use player and team likenesses, Konami’s PES built a cult status among gamers, so much so that in 2007, FIFA outsold PES by only a fraction: 6.55 to 6.37 million units. Today, the story is quite different. Various sources indicate that FIFA’s sales in 2018 were nearly 20 times that of PES—safe to say, then, that EA enjoys an unprecedented monopoly in the field of football simulators.…
Proper wealth management is crucial for any individual or corporate investor. However, making a wrong move—like starting too late or investing based on emotion rather than historical performance—can be detrimental to your overall returns and long-term financial health. If you want to ensure you’re managing your finances properly, it’s important to understand some of the most frequent mistakes people make when managing their wealth. We asked a panel of Forbes Finance Council members what they’ve observed and how investors can correct common wealth-management issues. Members of Forbes Finance Council share common wealth-management mistakes and how investors can avoid them. PHOTOS COURTESY OF…
The way genetics is portrayed in Game of Thrones is not consistent with the way genetics works in actual humans. Understanding where the science goes wrong is the key to understanding how to have sustainably successful human populations. HBO / PROMOTIONAL MATERIALS Here on Earth, we hold one important truth to be self-evident above all others: that all humans are created equal. There may be important genetic differences between individuals, but wide variations in these traits ensure a resilience against any one specific weakness being fatal to our species. While certain genetic combinations may provide advantages or disadvantages under specific…
After more than 20 years of steady improvement, the US National Institute of Standards and Technology (NIST) thinks it has reached an important milestone with something called Combinatorial Coverage Measurement (CCM). Part of a research toolkit called Automated Combinatorial Testing for Software (ACTS), CCM is an algorithmic approach used to test software for interactions between input variables that might cause unexpected failures. It sounds like a technical mouthful, but this is good news for software, especially when it’s inside complex systems such as aircraft, cars and power plants where these sorts of problems could be life-threatening. Typically, this will be software taking inputs…
Financial planning is just as important working women because it will boost the family’s overall financial plan which includes goals like buying a car, house, retirement plan, children education & marriage etc. Representative Image | Photo Credit: Getty Images New Delhi: Financial planning is just as important for working women as it is for working men. A lot of working women despite managing the household finances proficiently, forget to plan their finances properly. While men in the house have set financial goals and have proper investment plans in order, women often do not have any such plans. Financial planning is just as…
Game of thrones has never been about giving readers or viewers what they most want. Its author and screenwriters prefer to build fan expectations, then overturn them for narrative impact and, sometimes, pure shock value. Yet, fans maintain hope that at least a few of the characters will reach a satisfying, well-deserved ending. So it’s time for the return of Game of Thrones Hope Chest, the weekly poll where we put all of our hopes together in one place. We aren’t asking what you think is going to happen on Game of Thrones. We’re asking: what do you most hope to see happen? This week,…
VIJAYAWADA: With allegations pouring in from various quarters that those at the helm of the Comprehensive Financial Management System (CFMS) are violating prescribed norms in clearing bills, the Finance department swung into action on Thursday to streamline the system. The CFMS has hit the headlines in the wake of the severe fund crunch facing the State government. It has been alleged that the powers that be had been processing bills in gross violation of standard procedures to benefit vested interests. A senior official on condition of anonymity told TNIE that, “It is not exactly an inquiry. Some streamlining in the…