Equitas Small Finance Bankposted a weak quarter. Net interest margins (NIMs) are at a multi-quarter low and their credit cost has also increased. In an interview to CNBC-TV18, PN Vasudevan, MD & CEO of Equitas Small Finance Bank spoke about the results and his outlook for the company. Vasudevan said that the entire impact of demonetisation is behind us and we will not see any hangover of demonetisation going ahead. He further said that net interest margins on advances have remained flat at 9.5 percent. Net interest margin has declined due to fundraising done in Q3, he added. Microfinance book…
Author: Loknath Das
The 10th edition of The Hindu International Education Fair 2018 was inaugurated at Hyatt Regency on Sunday. Delivering the inaugural address, Robert G. Burgess, U.S. Consul General, said there were nearly 1.8 lakh Indian students in institutions across the United States and half of them were at the graduate level. “In the last 16 years, the number of students coming to the U.S. has doubled. International education anywhere in the world will help you collaborate, develop leadership skills and give a better perspective, which is very important in our inter-connected world,” Mr. Burgess told students. While it could be difficult for students…
If businesses want to shape the talent of the future, they should take a more active role in helping students find cost-effective educational solutions that meet their emerging industry needs. Alongside engaging with schools to assist educational institutions, including K-12 schools, here are some solutions that can help reduce the skills gaps in the 21st century. 1. Stop requiring a degree for positions that don’t use it. According to a report backed by Harvard Business School, hiring middle-skills managers with a bachelors degree is more costly due to lack of employee loyalty, as it leads to less productivity and higher turnover rates. Hiring…
You may remember Scrat, the hapless sabre-toothed squirrel from the Ice Age movies. All of his misadventures were related to his dedication to the preservation of an acorn. There’s a similar comedic dynamic going on with Chuchel, which stars a ball of fur that battles anyone or anything that gets between it and its beloved cherry. Created by Czech outfit Amanita Design, Chuchel is a point-and-click comedy adventure featuring a host of strange critters. Amanita is best known for making gorgeous puzzle adventures like Machinarium, but this is the studio’s first foray into comedy. Today’s trailer shows a lot of slapstick, which plays to Amanita’s decision to…
Today on Kotaku Splitscreen we’re talking Monster Hunter, Nolan Bushnell, and what it’s like to write video games. First we tackle news (16:44) on the Nolan Bushnell controversy, a revoked Dragster world record, and Paragon shutting down because Fortnite was just too popular. After that, writer Leigh Alexander joins the show (34:27) to talk about her work on the clever narrative game Reigns: Her Majesty, which is a Tinder-style swiping game in which you play as a queen making decisions as she tries to help rule her kingdom. We talk to Leigh about her work on the game, her evolution from journalist to video game writer, and the importance of tools…
After spending most of her life bouncing off video games, Jessica Furseth finally discovers the joy and practical benefits of play ‘Luke, how do I get this power moon? Luke!” I’m playing Super MarioOdyssey while my partner, Luke, is trying to work. “You’ll figure it out,” he says patiently. Luke has been playing video games since he was a child, but this is my first ever game, and he’s thrilled that I’m invested in Mario’s quest to save Princess Peach. Considering it’s a $100bn (£70bn) industry, gaming is a surprisingly “love it, or just don’t get it” kind of activity. I’ve tried…
Cuba has handed a note of protest to the top US diplomat in Havana over the Trump administration’s creation of a Cuba Internet Task Force that it says is an attempt to violate its sovereignty and carry out subversive activities. The US State Department said last week it was convening the task force to promote “the free and unregulated flow of information” on the Communist-run island that has one of the lowest internet penetration rates in the world. The group would examine ways of “expanding internet access and independent media”, it said. “The Foreign Ministry’s note asked the US government…
San Francisco-based Gfycat has said it thinks the clips are “objectionable”. The creation of such videos has become more common after the release of a free tool earlier this month that made the process relatively simple. The developer says FakeApp has been downloaded more than 100,000 times. It works by using a machine-learning algorithm to create a computer-generated version of the subject’s face. To do this it requires several hundred photos of the celebrity in question for analysis and a video clip of the person whose features are to be replaced. The results – known as deepfakes – differ in…
Finance Minister Arun Jaitley presented the general budget 2018-19 in Parliament on Thursday. As he rose to present the budget for the financial year, he said, “Indian economy has performed very well since our Government took over in May, 2014. India achieved an average growth of 7.5% in first three years of our Government. Indian economy is now 2.5 trillion dollar economy – seventh largest in the world. India is expected to become the fifth largest economy very soon. On Purchasing Power Parity (PPP) basis, we are already the third largest economy.” source:-thehindu
Indian-American headmistress tried to ban hijab at school The head of Britain’s schools regulator, OFSTED, has given her strong backing to an Indian-origin headmistress of a state primary school in London who has courted controversy over her attempt to ban girls under the age of eight from wearing the hijab in class. She warned that some, under the “pretext of religious belief”, were trying to “actively pervert the purpose of education… to narrow young people’s horizons, to isolate and segregate and in the worst cases indoctrinate impressionable minds with extremist ideology”. Amanda Spielman, the Chief Inspector of OFSTED, on Thursday…