Brian Nguyen says he “unexpectedly woke up” on Friday to see that he’d lost nearly $470,000 he had invested in a crypto project, he tells CNBC Make It. It’s “pretty painful,” Nguyen says. Nguyen admits that he didn’t investigate the project thoroughly prior to investing. “We, in crypto, tend to have a ‘buy first, do research later,’ mentality,” [...]
October 30, 2021
Loknath Das
Business
New Delhi: Prime Minister Narendra Modi on Friday said his government has corrected past weaknesses of the economy, and urged industrialists to “invest boldly”, promising protection against wrong actions in genuine commercial failures. “I want to assure the banking and corporate world that we have been able to overcome weaknesses in the system to a large [...]
December 21, 2019
Loknath Das
Business
It’s not like this wasn’t among the reasons everywhere suspected when Apple suddenly announced it was buying Intel’s modem business, but now the chipmaker has filed a brief in support of the FTC in an ongoing appeal by Qualcomm of a decision made in May. That decision found in favor of the FTC’s allegations that Qualcomm’s licensing [...]
November 30, 2019
Loknath Das
Business
Sexbots or sex robots are increasingly making their way into our society catering to various needs and and sexual desires of people. While on one hand they are being embraced by tech enthusiasts and other people in the society who prescribe to their services, on the other hand, people have also raised their concerns about [...]
September 21, 2019
Loknath Das
Technology
The 14th edition of the Conference of Parties (CoP-14) to the UN Convention to Combat Desertification (UNCCD) concluded here on Friday with rather ambiguous resolutions on land titles and drought — two major sticking points that the 12-day high-level meet was expected to take up. Though the Delhi Declaration released at the end of the [...]
September 14, 2019
Loknath Das
Business
In a paper on private health insurance, the Grattan Institute is critical of how the sector currently works. Photograph: JohnnyGreig/Getty Images Australia’s health system is unfair and muddled and the prescription for its repair depends on the federal government’s approach to private health insurance. In a paper on private cover, Grattan Institute analysts Dr Stephen [...]
July 16, 2019
Loknath Das
Health
Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore debt and improve cash position, [...]
June 2, 2019
Loknath Das
Real Estate
Apple said sales for the current quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for the iPhone, especially in China. Apple said it bought back $8.2 billion worth of shares in the quarter ended in December, less than half the $19.4 billion it purchased [...]
January 30, 2019
Loknath Das
Business
Vice President Venkaiah Naidu on Sunday said the reforms like GST, the law on black money and insolvency code started by the Modi government are bringing desired results and asserted that India has got a bright future. Naidu further said that as more and more people are coming into the banking fold, the tax rate [...]
January 12, 2019
Loknath Das
Education
Administering commonly used antidepressant fluoxetine to mice helped restore youthful flexibility to their ageing brain cells, showed a study. The study provides fresh evidence that the decline in the capacity of brain cells to change, called “plasticity,” rather than a decline in total cell numbers may underlie some of the sensory and cognitive declines associated [...]
August 24, 2018
Loknath Das
Health
Volvo Car Group’s billionaire owner warned of the looming trade war’s adverse effects, saying consumers and automakers such as his will be among those hurt by the dispute involving the US and China. Li Shufu, whose Zhejiang Geely Holding Group Co. owns the Swedish carmaker, said both Volvo and his Chinese Geely brand would be [...]
June 30, 2018
Loknath Das
Business
Sanjeev Singh Bariana Tribune News Service Chandigarh, June 17 The special committee on schools suggested by Chief Minister Capt Amarinder Singh has noted that the level of education in Punjab is slipping. This follows the average pass percentage of 59 per cent in government schools this year. The special committee took into account the findings [...]
June 18, 2018
Loknath Das
Education