Author Archives: Loknath

US Fed goes for 25bps rate hike in Jerome Powell’s 1st meeting as chairman

Jerome Powell, chairperson of the US Federal Reserve. The vote for an interest rate hike to 1.5% to 1.75% was a unanimous 8-0. Photo: Bloomberg New York: US Federal Reserve officials, meeting for the first time under chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of rate hikes in 2019 and 2020, citing an ... Read More »

After years of shunning fixed maturity plans, Franklin Templeton re-enters the segment

Among the top 15 fund houses in terms of fixed income assets, 78.9% of Franklin Templeton’s fixed income assets lie in securities rated AA & lower; the most in such companies. What is special about Franklin Templeton Asset Management (India) Ltd launching a new fixed maturity plan (FMP)? On 20 March, it launched a new fund called Franklin India Fixed ... Read More »

Rupee trades higher against US dollar

The 10-year bond yield was at 7.595% compared to its previous close of 7.583%. Photo: Reuters Mumbai: The Indian rupee and Asian currencies on Thursday strengthened against US dollar after the Federal Reserve stuck to its outlook of three rate hikes this year. At 2pm, the home currency was trading at 65.05 a dollar, up 0.26% from its Wednesday’s close of ... Read More »

8 Vietnamese Dishes You Must Try

Vietnamese cuisine; it’s one of the top reasons why Vietnam figures on many travellers’ wish lists. It’s certainly why I made the trek to Vietnam. A trip that took me to the Northern and Southern ends of the country, through the streets of the two busiest cities – Hanoi and Ho Chi Minh City. Whether it was tiny street food stalls where diners ... Read More »

This Crispy Japani Samosa Is Chandni Chowk’s Hidden Gem

Tired of having those regular potato-filled samosas? Why not try some Japani samosa? Yes, you read that right! Tucked in the by lanes of Chandni Chowk is Manohar Dhaba that dishes out these exotic and lip-smacking Japani samosas. This dhaba was set up in 1949, and ever since then, it is serving people with incredibly delicious food. As quirky as it ... Read More »

Here’s What The Ancient Practice Of Sprinkling Water Around Food Meant!

Our ancestors have left us with a trove of traditional practises that became an integral part of the Indian culture and were also considered healthy. However, somewhere we have forgotten these ancient practises that have a reason backing them. One of these practises includes sprinkling water in a circular fashion around their plate or banana leaf thrice. This practise is still prevalent in most parts ... Read More »

Vivo X21 With Under Display Fingerprint Sensor Launched: Price, Specifications, Features

Vivo on Monday announced the launch of its latest Vivo X21 smartphone in China. A special 128GB model of the X21 is the phone maker’s second handset to sport an under display fingerprint sensor, last seen on the Vivo X20 Plus UD launched earlier this year. Rest of the phone’s variants get a regular fingerprint sensor placed on the back. Notably, Vivo also showcased the Apex concept phone with an ... Read More »

Redmi 5 First Flash Sale in India at 12pm; Mi TV 4A, Mi TV 4 Up for Grabs as Well

Redmi 5, Xiaomi’s latest affordable smartphone, will go on sale in India via Amazon and for the first time at 12PM Tuesday. Last week, Xiaomi had launched three variants of the Redmi 5 – 2GB/ 3GB/ 4GB RAM – with the prices starting at Rs. 7,999 and going up all the way to Rs. 10,999 for the top-end variant. Xiaomi India has announced that more than 4 lakh ... Read More »

Lenovo S5 With Smart Dual Camera, Fullscreen Display Goes Up for Reservations Ahead of Launch

Lenovo is set to unveil the Lenovo S5 at an event in China on Tuesday, March 20, at 2pm CST (11:30am IST). More details should emerge shortly. Alongside several rumours, the company has also been teasing the launch of the upcoming smartphone for a long time now. The Lenovo S5 is expected to take on the Xiaomi Redmi Note 5, and the mobile maker ... Read More »

Itel S42, A44 With 18:9 Displays Launched in India: Price, Specifications

Chinese mobile manufacturer Itel Mobile on Tuesday launched three new smartphones in India – the Itel S42, A44, and A44 Pro. The S42 is the most premium of the lot, but all three sport 18:9 displays, front flash modules, and 4G VoLTE connectivity. All three phones will be available offline only. Itel also says the A44 Pro will be made available in the country a ... Read More »