They believe that the Office for National Statistics will say that inflation, as measured by the consumer price index, fell for a second month in a row on Tuesday. It is expected to say that CPI inflation fell from 3 per cent in December to 2.9 per cent in January. The fall in inflation comes hot on the heels of last month’s increase in average earnings, which were ahead of expectations, up 2.4 per cent compared to the same period the previous year. Fears that rising inflation in the US will lead to interest rate hikes resulted in a major…
Author: Loknath Das
Having pulled the plug on offshore derivatives tied to Indian indices and stocks, domestic stock exchanges hope their operations in the nation’s first international finance hub in Gujarat can draw foreign investors. The International Financial Services Centre at Gujarat International Financial Tec-City near Ahmedabad is Prime Minister Narendra Modi’s idea to create a finance hub like Singapore or Hong Kong in his home state. The Bombay Stock Exchange, Asia’s oldest, was the first to start operations in January last year. Its rival and the country’s biggest bourse, National Stock Exchange, followed six months later. Foreign investors trade in futures linked to Indian…
School leavers should be given £10,000 to put towards further education, according to a new study. According to the report, every young person in England – as well as adults who didn’t go to university – should receive state funding to help pay for university tuition fees or other qualifications. The move would apparently help to boost higher education, and encourage take-up a wider range of courses. Such a scheme – which has been dubbed a ‘national learning entitlement, or NLE – would cost the public purse around £8.5billion a year, the study’s authors estimate. The paper, published by the…
The New York City Department of Education is investigating a white middle school principal in the city’s Bronx borough for racially hostile actions against staff and students of color. The most incendiary charge: that Principal Patricia Catania barred black history month lessons from being taught to the students of Intermediate School 224—95 percent of whom are black and Latinx. As the New York Daily News reports, eight current or former educators from the Bronx middle school and five students relayed allegations of racism and creating a hostile environment against the 26-year education veteran. This includes barring a veteran English teacher…
China will boost internet speeds in rural schools to be on par with its major cities by 2020 as it seeks to narrow the quality gap in education between its richest and poorest regions. China Unicom, the country’s second-largest mobile network operator, will provide 100 Mbps cable service to schools in towns and rural areas, the company said on Sunday when it signed a cooperation agreement with the education ministry. That level of speed is equivalent to the fastest available commercially in China today and used for online multiplayer gaming. Equipping rural areas with fast broadband internet is a step…
PV Sindhu led India to 3-2 win over Hong Kong in Asia Badminton Championship© AFP Olympic silver- medallist P V Sindhu led the women’s team to a thrilling 3-2 win over Hong Kong as India made a positive start in the Asia badminton Team Championship on Tuesday. With London Olympics bronze-medallist Saina Nehwal pulling out of the tournament citing a groin injury, Sindhu proved her mettle as she first claimed the singles match and then combined with N Sikki Reddy to win the second doubles game here. Sindhu recovered quickly from her heart-breaking loss at the finals of the India Open last Sunday and…
HIGHLIGHTS PS4 Pro gets new options to compete with Xbox One X Supersampling can be used on any game It works on games with screens that are 1080p or less PS4 system software update 5.50 (codenamed Keiji) promises to bring supersampling mode to the PS4 Pro. What this does is, improve visual quality on certain games that aren’t optimised for the PS4 Pro on displays that are not 4K. While Sony now explained how it works and what you can expect. “PS4 Pro users will see a new ‘supersampling mode’ under Settings, which enables those with HDTVs (i.e., 1080p or less) to…
HIGHLIGHTS Pornhub has considered deepfakes as “nonconsensual” Pornhub will remove deepfake content as soon as it is made aware of it Reddit has already banned r/deepfakes subreddit Pornhub is set to ban fake porn videos that are created using artificial intelligence (AI) efforts, commonly known as ‘deepfakes’. The porn site, which gets 75 million daily visits from all across the world and is a massive source of adult content, is set to treat deepfakes the same as “nonconsensual” videos, similar to “revenge porn”. Pornhub’s move comes amid the ongoing restriction imposed by social sites, including Reddit and Twitter, following in the identical steps taken…
The latest computer game to emerge from North Korea shows that gamers’ tastes there are being nudged into line with the country’s military ambitions and rhetoric. North Korea news website Arirang-Meari says that a new first-person shoot-em-up game on mobile phones called “Yankee Mopping-up Operation” is becoming popular in the country. As the name suggests, players use sniper rifles and assault weapons to kill and destroy US army troops in the style of a plethora of first-person shooter games available elsewhere in the world. Players get new weapons every time they complete a level, the website says. For players squeamish about the…
Monster Hunter World is hunting down other video games and murdering them with its arsenal of gargantuan swords, fearsome axes and insect spears. The game has overtaken PUBG as the top paid game on the Xbox Store, occupying both the #1 and #3 spots for its physical and digital versions respectively. PUBG still maintains the #2 spot, with Madden NFL 18 GOAT Super Bowl Edition in #4. It gets a little confusing when you start comparing this ranking to other rankings on the Xbox Store. For instance, Most Played has Monster Hunter World in seventh place, well behind games like Fortnite and PUBG. Indeed, Call of Duty: WW2 is #3 in Most Played Xbox…