Facebook Share to TwitterTwitterTwitter Share to LinkedInLinkedInLinkedIn Share to WhatsAppWhatsAppWhatsApp Share to Pinterest Pinterest Pinterest By AuthorIANS Published: 3rd Apr 2020 2:28 pmSource: IANSMumbai: One of Bollywood;s most powerful production houses, Yash Raj Films (YRF), has pledged to support to protect Bollywood daily wage earners and their family during the COVID 19 pandemic. The production house will be giving Rs 1.5 crore, according to an industry source.An industry source informs: "YRF is reaching out to thousands of daily wage earners of the industry and their families who are in critical need of support and has already collected details of their bank accounts. "
India has got the lion s share of World Bank s first dole out related to the COVID 19 pandemic a whopping $1 billion. This is out of the total $1.9 billion it has announced as aid for 7 countries as emergency health support.This is the biggest ever single fund announcement in the health sector for India, which has historically been one of the World Bank s biggest beneficiaries of financial support since the international organisation was established on the eve of India s independence.
Image: Nick David Getty Images Athome According to a study by NortonLifeLock, 16.5 million Brits have been victims of various cybercrimes over the last year. These scams were effective to the tune of 1.4 billion, and it doesn t look like they re going away anytime soon, so now is the best time to find out how to avoid scams online.Norton predicts this figure will rise in 2020, as cybercriminals take advantage of fears formed by the Covid 19 pandemic. With thousands of us working from home right now, it s crucial we all take measures to protect the sensitive information, passwords and banking information we use every day.
If you;re at home right now - and who isn;t? - then you;ve probably heard of Houseparty.It ''s a social networking app that came out back in 2015 and was bought by Epic Games - famous for Unreal and Fortnite - in the middle of 2019.
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We will do whatever it takes. We will make it, Spanish Prime Minister Pedro S nchez tweeted (in English) two days ago when he saluted the European Central Bank s new giant asset buying program.And Italian Prime Minister Giuseppe Conte said recently in a speech (in Italian) that his country s and Europe s policies to counter the economic impact of the virus outbreak should be inspired by the logic of whatever it takes (last three words in English).
GUWAHATI: The construction of the proposed bridge over Brahmaputra River connecting its north bank to its south within the city premises has already started. Chief Minister Sarbananda Sonowal said that the new bridge over the Brahmaputra is a step towards Smart Guwahati which will facilitate an integrated ICT application for an intelligent traffic system leading to decongestion of city traffic.
The debt market has seen various changes in the recent past. The sudden spike in retail inflation in December to 7.35% from 5.54% in November has surpassed the Reserve Bank of India s (RBI) comfort level. In the last monetary policy, RBI put a halt on repo rate cuts, after reducing it by 135 basis points since February 2019, but it maintained an accommodative stance and introduced measures such as long term repo operations. Renu Yadav asks experts if these changes will impact the performance of debt products, including duration funds, and if investors need to revisit their debt allocation strategyLakshmi Iyer, CIO (debt) and head of products, Kotak Mahindra Asset Management Co.
"Any move to encash bank guarantees will precipitate an already precarious situation," COAI Director General, Rajan Mathews told news agency PTI.Mathews termed the ''test checks' being proposed by the telecom department to examine deviation in calculation of adjusted gross revenue (AGR) dues by telecom companies as a "standard audit procedure". The Department of Telecom (DoT) needs to ensure consistency among its different circles on calculation of dues to minimise any differences, he said.
Data is valuable for helping developers and engineers to build new features and better innovate. But that data is often highly sensitive and out of reach, kept under lock and key by red tape and compliance, which can take weeks to get approval. So, the engineers started Gretel, an early stage startup that aims to help developers safely share and collaborate with sensitive data in real time.It ''s not as niche of a problem as you might think, said Alex Watson, one of the co founders. Developers can face this problem at any company, he said. Often, developers don ''t need full access to a bank of user data they just need a portion or a sample to work with. In many cases, developers could suffice with data that looks like real user data.
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One of the largest banks in the world is considering merging its in house blockchain project with ConsenSys. JPMorgan is considering merging it;s Ethereum based Quorum project with ConsenSys and is set to formally announce the news within the next six months.JPMorgan, the largest bank in the U.S. and one of the largest banks in the world, is reportedly considering spinning off its in house blockchain project. According to a report from Reuters, sources familiar with the matter revealed that the bank is considering merging Quorum with Ethereum development studio ConsenSys.
Banking giant JPMorgan has offered mixed signals when it comes to their thoughts on cryptocurrencies, with the bank s CEO frequently bashing Bitcoin and other cryptocurrencies, despite offering their own intra bank digital asset dubbed JPM Coin that is built upon the Ethereum (ETH) blockchain.Now, it appears the JPMorgan could be dipping its toes into the Ethereum ecosystem, as news recently broke that the financial institution is looking to merge its blockchain unit with ConsenSys.
Indian markets ended sharply higher today, extending gains to the third day. The Sensex finished about 350 points higher at 41,142, extending gains to about 1,400 points in just three sessions. This is quite a reversal in fortunes for Indian markets, when the Sensex had plunged nearly 1,000 points in Saturday''s special session. Positive global markets, softer oil prices and hopes of an economic recovery and better earnings growth have helped Indian equities to rebound strongly over the past three sessions. The broader Nifty today settled 0.9% higher at 12,090.According to a private survey India''s manufacturing and dominant services industry if off to a strong start this year, with activity in January accelerating to multi year highs. But analysts say that concerns about the coronavirus outbreak are likely to keep markets volatile in the short term. Also, analysts expect the Reserve Bank of India to maintain its accommodative stance in monetary policy, due tomorrow.
Coming from a middle class environment desi implies that nothing will ever change. One day, you could earn some extra dollars compared to your parents after working harder than anyone you;ve ever met. You may be able to pay for a trip to Europe every two years. You may also replace your kitchen;s plastic dishes with fine porcelain. Your clothes can also change from clothes purchased from local merchants to something of a brand that is only obtained in bright shopping centers. Your children could go to expensive schools where all the children come in their cars and not on the school bus.But the middle class mentality will always be your best friend. You will still pick up the shopping bags in your pantry. Your sewing kit will always be a can of cookies. You will verify your bank account from time to time considering that you know the value of money. Your preferences when spending money will always remain defined. Excessive spending of the people around you will always pinch you. There is something inside you that will always tell you not to buy an expensive designer jewelry that you can only use once in your life.
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