US Cellular LG G5 to be available starting April 1; pre-orders begin March 28

Turns out the rumors were true as US Cellular has announced that it will begin selling the LG G5 on April 1, with pre-orders beginning March 28. Those purchasing the handset from the carrier before April 17 will also get a free extra battery and battery-charging cradle. The carrier also said that some of the device’s friends (accessories)… Read More »

Alcatel Idol 4 to reportedly have a Mini variant as well

While the rumor mill is already abuzz with a Pro variant of the yet-to-be-released Alcatel Idol 4, a new report is claiming that that the latter will have a Mini variant as well. Unlike the Windows 10-powered Pro version, however, the Mini variant is said to be powered by Android. As for the specs, the report says that… Read More »

ZTE A2017 spotted on GFXBench with SD820 SoC, QHD display

A new high-end smartphone from ZTE has been spotted on GFXBench. The listing reveals that the device – dubbed ZTE A2017 – is powered by a Snapdragon 820 SoC, and sports a 5.5-inch (1440 x 2560 pixel resolution) display. It has 4GB RAM, while internal memory should be 64GB. In terms of camera, the handset sports a 21MP… Read More »

China to open up finance, education, culture sectors for FDI

China continued to attract large FDI inflows despite the slowdown of the economy which decelerated to 6.9 per cent last year.  Facing economic slowdown, China will open up service sectors such as education, finance and culture for FDI to remain an attractive destination for overseas investment. In a bid to attract more foreign investment to put the economic… Read More »

Air passenger traffic jumps 24%, IndiGo remains leader

No-frills carrier IndiGo’s market share stood at 36.8 per cent in February while that of Jet Airways was 18.4 per cent. Marking a growth of over 24 per cent in passenger traffic, domestic airlines flew 74.76 lakh people in February with majority of the carriers recording over 80 per cent seat occupancy. In February last year, the carriers… Read More »

EPFO to invest more in govt bonds amid corporate loan defaults

EPFO is expected to receive about Rs 1.12 lakh crore in incremental deposits during this fiscal ending March 2016. Amid a surge in the number of loan defaults by corporates, retirement fund body EPFO will cut exposure in corporate bonds and park more funds in the secure government securities. The finance ministry has approved a proposal mooted by… Read More »

60% doctors support govt’s recent drug ban list

The 344 banned drugs include the fixed dose combination of Chlopheniramine Maleate and Codeine syrup sold under the popular cough syrup brand Corex. Image: Codeine and Nimesulide combinations were the main exceptions to the ban that doctors felt should have been made. Nearly 40 per cent of doctors disagreed with the government’s move to ban 344 fixed dose… Read More »

‘Make in India’ needs ex-servicemen

‘Ex-servicemen engineers and technicians are true professionals worthy of being ‘Make in India’ agents.’ ‘They can be trusted to bring long term dividends — it is in their character to be long term loyalists!’ says Air Marshal P V Athawale (retd). During interaction with MBA students at an IIT, I asked “Do you know any national industry bigger… Read More »

Interest rate on Public Provident Fund cut to 8.1%

The popular five-Year National Savings Certificates will earn an interest rate of 8.1 per cent from April 1 as against 8.5 per cent, at present. In a move that will hit the common man, the government on Friday slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them… Read More »

Govt allows 49% FDI in insurance under automatic route

Seeking to attract more foreign investment, the government has relaxed FDI norms for insurance sector by permitting overseas companies to buy 49 per cent stake in domestic insurers without prior approval. Currently, foreign direct investment up to 26 per cent is permitted through automatic approval route. For FDI up to 49 per cent, the approval of Foreign Investment… Read More »