In India, the share of non-bank financial intermediaries in total financial assets rose from roughly 10.5% in 2006 to over 14.5% in 2018. Rising banking regulations over the past decade have shifted market activity to less-regulated shadow lenders not just in India but across the globe, according to a concept paper by principal economic advisor in the finance ministry Sanjeev ... Read More »
Mumbai: The highlights of AU Small Finance Bank Ltd’s fourth quarter (Q4) results would indicate that the lender deserves the lofty valuations it has currently. After all, net profit grew at an impressive 42% in Q4, backed by a healthy 35% growth in net interest income. What’s more, growth in assets under management was 51%, and the fact that deposit growth ... Read More »
Razer is a huge name in gaming, and today the company is taking a step to cement its place in mobile gaming. The company announced today that it would be partnering with Tencent for assorted mobile gaming projects. As TechCrunch reports this morning, the partnership between Razer and Tencent will cover everything from hardware to software and services. Apparently, this includes optimizing ... Read More »
Nike Inc. wants you to do yoga, but not at the expense of all those miles you run. The athletic-wear brand is releasing a new apparel collection created specifically for yoga, including its first ever men’s yoga line. Nike’s enlisting a group of professional athletes to push the yoga-specific T-shirts, shorts and leggings, which hits stores globally this month. Nike ... Read More »
] Facebook will dramatically accelerate its research into artificial intelligence, its chief AI scientist said Tuesday, in hopes of ensuring the social network doesn’t fall behind with the technology it will need to contend with Internet rivals and police its gargantuan audience. The world’s biggest social network said it would recruit high-profile engineers and expand its AI-research division to roughly 170 ... Read More »
1. An overview! During the childhood, celebrating Republic Day and Independence Day was all about relishing a platter full of hot and crispy Jalebis with some chilled Rabri on the top. While celebrating the day of being a proud Indian we never knew that Jalebi that is an inseparable part of the national festival is actually not Indian. Shocked! Yes, ... Read More »
When launching the first Mi Home store in India, Xiaomi’s own store last year, the company’s Global Vice President, and Managing Director India, Manu Kumar Jain said the goal was to have a store where you could see not just the products launched in India, but everything that Xiaomi had to offer. On Wednesday, Xiaomi launched its first Mi Home Experience store in India, ... Read More »
Everyone dreads the change of season, because it means that everyone is susceptible to the seasonal flu. According to Dr Mohsin Wali, general physician and cardiologist, and Dr Vinayak Abbot, Ayurvedic practitioner, apart from the change in the weather and the yo-yo rise and fall in temperature, there are quite a few unusual reasons that can also cause flu. Here’s ... Read More »
Challenging previous studies that claimed cycling could take a toll on the sexual health of men, a new study has said that the common form of exercise and transportation may not have the harmful consequences as previously cited.Cycling is one of the most common and popular choice of transportation and workout across the world, and the latest study addresses the ... Read More »
As festive tokens of appreciation they are all happily received. But the Christmas presents teachers get from pupils and parents can range from the obvious to the totally random. As parents shop for gifts and the end of term approaches, we asked Manchester’s hard-working teachers to tell us the presents they get, the presents they’d love to get – and ... Read More »
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