Saturday, November 2, 2019

Trending: Oct 26- Nov 02 : Raghuram Rajan reminds FM Sitharaman: Two-third of his tenure as RBI Guv was under BJP

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TradeBriefs Editorial

From the Editor's Desk

Explainer: What is a quantum computer?

A quantum computer harnesses some of the almost-mystical phenomena of quantum mechanics to deliver huge leaps forward in processing power. Quantum machines promise to outstrip even the most capable of today's - and tomorrow's - supercomputers.

They won't wipe out conventional computers, though. Using a classical machine will still be the easiest and most economical solution for tackling most problems. But quantum computers promise to power exciting advances in various fields, from materials science to pharmaceuticals research. Companies are already experimenting with them to develop things like lighter and more powerful batteries for electric cars, and to help create novel drugs.

The secret to a quantum computer's power lies in its ability to generate and manipulate quantum bits, or qubits.

Continued here

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Raghuram Rajan reminds FM Sitharaman: Two-third of his tenure as RBI Guv was under BJP
Raghuram Rajan reminds FM Sitharaman: Two-third of his tenure as RBI Guv was under BJP - Moneycontrol.com
Rajan, who was Governor of the Reserve Bank of India (RBI) from September 5, 2013 to September 2016, said during his term a clean up of the banking sector that was "clogging" with bad loans had begun and the job remains unfinished.


What Impact Has India's Fintech Ecosystem Created On Banking?
What Impact Has India's Fintech Ecosystem Created On Banking? - Inc42 Media
The fintech has made banking simple and straightforward, and new age technology has created a long-lasting impact on banking processes.


The Chinese cross-border e-commerce startup making inroads in India
The Chinese cross-border e-commerce startup making inroads in India
Hangzhou's Club Factory runs the third-most-popular online shopping app in India.


Small oil-and-gas companies get cold shoulder from large banks
Small oil-and-gas companies get cold shoulder from large banks - Zee Business
"Some banks believe they have too much energy exposure and want to reduce some of this risk," said Ian Rainbolt, vice president of finance at Warwick Energy, a private equity firm with upstream investments in Oklahoma and Texas.


These 10 platforms are helping small and medium businesses get easy finance with minimum documentation
These 10 platforms are helping small and medium businesses get easy finance with minimum documentation - YourStory
Access to working capital is requisite for any business to run smoothly. However, the Indian MSME sector often faces a financial crunch despite its vast contribution to the GDP. While there are banks that help businesses get capital, the number of restrictions and formalities make it difficult for


Zero balance bank accounts: List of 8 banks not charging minimum balance charges
Zero balance bank accounts: List of 8 banks not charging minimum balance charges - India Today
Are you also filling the pockets of your bank by not maintaining the minimum monthly amount in your bank account? Here's a solution, switch your bank or change the type of account you are using in the same bank.


Uber announces deeper push into financial services with Uber Money
Uber announces deeper push into financial services with Uber Money - CNBC
Uber's move is the latest sign that tech giants are looking to make inroads into finance.


Corporate loans must to grow bank's loan book, says Indian Bank MD
Corporate loans must to grow bank's loan book, says Indian Bank MD - The Financial Express
The government thought an impression was created among the people that the banks were not lending. The outreach programme was to convey the message that the banks' doors are open.


Discussing Roadmap: Sourav Ganguly to meet NCA head Rahul Dravid
Discussing Roadmap: Sourav Ganguly to meet NCA head Rahul Dravid
Rahul Dravid, who took charge as NCA chief in July, has already drawn a roadmap for the institution and Sourav Ganguly is expected to give his inputs when the two former captains meet on October 30.


Jasprit Bumrah unlikely to undergo a surgery for his back injury
Jasprit Bumrah unlikely to undergo a surgery for his back injury
The decision was made after Jasprit Bumrah traveled to London along with NCA's chief physio, Ashish Kaushik for consultations regarding his injury.


The great Indian credit squeeze, in six charts
The great Indian credit squeeze, in six charts - Livemint
The troubles in the shadow banking sector threaten the health of the banking system, and may prolong a deep financial slump


Disregard for rules puts Swiggy and Zomato delivery boys under police lens
Disregard for rules puts Swiggy and Zomato delivery boys under police lens
Mumbai and Bengaluru police have fined many food delivery agents who put incentives ahead of rules.




Whistleblower case: Infosys writes to clients as allegations reveal dissent
Whistleblower case: Infosys writes to clients as allegations reveal dissent - Business Standard
The letter was made public last Monday, after which Infosys' stock price was badly hit, though it has recovered a bit in the last trading session




Shah Rukh Khan gets lashed for sporting a 'tilak' and Shabana Azmi comes to his defense
Shah Rukh Khan gets lashed for sporting a 'tilak' and Shabana Azmi comes to his defense
Shah Rukh Khan gets lashed for sporting a 'tilak' and Shabana Azmi comes to his defense. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com


HSBC is sinking after the bank reported an 'unacceptable' 24% decline in profits in its latest earnings
HSBC is sinking after the bank reported an 'unacceptable' 24% decline in profits in its latest earnings - Business Insider India
ReutersHSBC reported a 24% decline in profits in the third quarter.HSBC's stock is falling after the bank announced a 24% decline in net profits in the third


Salesforce Economy Will Create $67 Bn+ In New Business Revenues In India From 2019
Salesforce Economy Will Create $67 Bn+ In New Business Revenues In India From 2019 - 2024 - IndianWeb2.com
Salesforce (NYSE: CRM), the global leader in CRM, today announced new research from IDC that finds Salesforce and its ecosystem of partners will create 548




RBI flags shortcomings at Ujjivan Small Finance Bank
RBI flags shortcomings at Ujjivan Small Finance Bank - Economic Times
Ujjivan will complete three years of operations on January 31, 2020.


Iconic architect analyses reasons for urban decay
Iconic architect analyses reasons for urban decay - Deccan Herald
Iconic architect analyses reasons for urban decay


India not on global investors' radar in a big way right now: Punita Kumar Sinha
India not on global investors' radar in a big way right now: Punita Kumar Sinha - Economic Times
Most of the buy calls are going towards either China or other emerging or European markets.


Raghuram Rajan Says Stop Blaming Global Slowdown, Look Inwards For Why India's Struggling
Raghuram Rajan Says Stop Blaming Global Slowdown, Look Inwards For Why India's Struggling - BloombergQuint
“I think looking to the outside, to blame the outside for what’s going on is probably wrong,” says Raghuram Rajan at a lecture.


When Xiaomi India MD turned into a delivery boy
When Xiaomi India MD turned into a delivery boy
Xiaomi India managing director Manu Kumar Jain turns into a delivery boy each time a new smartphone is launched.Every fourth smartphone sold in India is a Xiaomi mobile phone


Trai Announces Mandatory KYC For All DTH Subscribers: All You Need To Know
Trai Announces Mandatory KYC For All DTH Subscribers: All You Need To Know - Gizbot
Trai made KYC mandatory for all the DTH subscribers to increase security. All you need to know.


Shocking New Maps Show How Sea Level Rise Will Destroy Coastal Cities By 2050
Shocking New Maps Show How Sea Level Rise Will Destroy Coastal Cities By 2050
Many of these coastal areas have some of the most expensive properties in the world, including Miami Beach, the Hamptons, and Malibu Beach among others.


An unexpected product benefit can be a powerful marketing tool
An unexpected product benefit can be a powerful marketing tool - Forbes India
Framing a product feature as an unexpected benefit may stoke consumer desire


Curtains down on India's first multiplex PVR Anupam; PVR CEO Ajay Bijli promises to bring it back
Curtains down on India's first multiplex PVR Anupam; PVR CEO Ajay Bijli promises to bring it back
According to Bijli, the multiplex would be revamped and upgraded to make it more attractive for the youth of today.


Amazon Now Has 750,000 Employees After Third Quarter Hiring Binge
Amazon Now Has 750,000 Employees After Third Quarter Hiring Binge - Inc.
One-day free Prime shipping takes a lot of people.


In a first, Haryana RERA asked residents to pool in money to finish project
In a first, Haryana RERA asked residents to pool in money to finish project - Economic Times
There are 16 residential tower in the society and the builder had given possession of 14 towers. The remaining two towers left uncompleted and the buyer had moved RERA as the builder could not give possession. The buyers found that directors are in Jail.


We are standardising the economy hotel segment, CCI probe an opportunity to explain our stance, says Oyo's South Asia CEO Aditya Ghosh
We are standardising the economy hotel segment, CCI probe an opportunity to explain our stance, says Oyo's South Asia CEO Aditya Ghosh - CNBCTV18
In an exclusive interview with CNBC-TV18, Oyo's South Asia CEO Aditya Ghosh welcomed the CCI order that recognises the company as a hotel chain as opposed to an online travel agency.Get latest Business online at cnbctv18.com


TCS may remove digital classification, switch to traditional segmentation of services
TCS may remove digital classification, switch to traditional segmentation of services - ETtech.com
With digital becoming part of most deals, CEO says firm may switch back to traditional segmentation of services





Why Beyond Meat's CEO is telling investors the company will become the Amazon or Tesla of the $1.4 trillion me
Why Beyond Meat's CEO is telling investors the company will become the Amazon or Tesla of the $1.4 trillion me - Business Insider India
Beyond MeatBeyond Meat CEO Ethan Brown wants to be the Amazon of the meat industry.Beyond Meat CEO Ethan Brown has drawn comparisons between the plant-based




Three Imperatives for branding in the age of Climate Crisis – Charles Wright, Wolff Olins
Three Imperatives for branding in the age of Climate Crisis – Charles Wright, Wolff Olins - Economic Times
The climate crisis is the biggest challenge humanity has ever faced. Tackling this challenge needs a multi-stakeholder approach where everyone needs to rapidly reduce carbon emissions. Many thinkers are blaming this cycle of endless production...




RBI fines Bandhan Bank for not reducing promoter shareholding to 40%
RBI fines Bandhan Bank for not reducing promoter shareholding to 40% - Business Standard
The penalty has been imposed in exercise of powers vested in the RBI under the provisions of the Banking Regulation Act, 1949


Indian economy is on a decline. So why are IMF and World Bank's growth forecasts so high
Indian economy is on a decline. So why are IMF and World Bank's growth forecasts so high - ThePrint
Analysts from IIM and IIT have looked at former CEC Arvind Subramanian's data and concluded that India's true growth rate might have been closer to 4.5%.


Want to shift from metro city? Here are costs, ease of living features of tier 2 towns
Want to shift from metro city? Here are costs, ease of living features of tier 2 towns - Economic Times
If the pollution and stress of a metro city are getting to you, consider the following tier 2 cities, which offer both high-class amenities and a better quality of life. Here is a comparison on the basis of cost of living and qualitative parameters.


The shrinking of India's middle class
The shrinking of India's middle class - Livemint
Elements that propelled growth and widened India's middle class are losing momentum. This should worry us all.Stunting of the middle class is the result of decades-long inability to make India a manufacturing hub for multinationals. Also, note-ban and GST have driven thousands of small firms out of business


India needs a successful economic moon shot
India needs a successful economic moon shot - Forbes India
As India pursues its lunar ambitions, Prime Minister Modi needs to tackle crucial structural reforms to give the economy its own escape velocity.


The Adani Juggernaut Is Expanding on All Fronts, Australian Coal Need Not Be One of Them
The Adani Juggernaut Is Expanding on All Fronts, Australian Coal Need Not Be One of Them - The Wire
It would a pivotal moment if the Adani Group were to show global leadership and walk away from its long stalled Carmichael mine proposal.




The shrinking of India's middle class. Elements that propelled growth and widened India's middle class are losing momentum. This should worry us all
The shrinking of India's middle class. Elements that propelled growth and widened India's middle class are losing momentum. This should worry us all - Livemint
Elements that propelled growth and widened India's middle class are losing momentum. This should worry us all.Stunting of the middle class is the result of decades-long inability to make India a manufacturing hub for multinationals. Also, note-ban and GST have driven thousands of small firms out of business


Do you lack confidence in your abilities at work? Try these 6 steps
Do you lack confidence in your abilities at work? Try these 6 steps - Economic Times
Have you had your early life decisions taken for you? It is not unusual to have the education and initial career choices made by elders or even by the peer group. Your imposter syndrome may thus be rooted in a lack of confidence in your own wisdom.




Yes Bank gets $1.2 billion lifeline, Rana Kapoor role to shrink further
Yes Bank gets $1.2 billion lifeline, Rana Kapoor role to shrink further - Livemint
Yes may raise the $1.2 bn from multiple investors for ease of getting an RBI approval.The investment, if cleared by the RBI, will diminish the shareholding of Yes Bank's original promoters Rana Kapoor and late Ashok Kapur's wife Madhu Kapur



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