RBI policy: India’s central bank faces calls to do more than just one rate cut

India’s central bank is poised to deliver its fourth successive quarter-point interest rate cut on Wednesday, amid calls from investors and the government for further easing as a slowdown gripping the economy becomes more pervasive. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.5%, according to almost all of the 36

Banks go slow on lending to auto dealers

MUMBAI: Several banks have expressed concern over a build-up of stress in their loans to automobile dealers and may tread cautiously, even slowing down on disbursements as the auto industry grapples with its worst sales slowdown in over a decade. Banking industry experts estimate the total outstanding loans to automobile dealers to be in the range of

Google expands networking, migration portfolio to drive hybrid cloud adoption

Google on Tuesday announced a series of tools for organizations adopting hybrid and multi-cloud strategy, including a new service in beta for migrating VMs from Microsoft Azure. Google is also expanding its networking portfolio for companies that are modernizing their applications. First, Migrate for Compute Engine is expanding to enable companies to migrate virtual machines directly out

Cisco betting big on WiFi 6, 5G, multicloud and other networking tech

KOCHI: US-based network and connectivity major Cisco on Tuesday said that it is betting big on five components of technologies which include intent-based networking, multicloud, WiFi 6, 5Gand security. “Technologies like WiFi 6 are going to play an important role as VoWiFi(voice-over-WiFi) proliferates,” said Anand Bhaskar, MD, service provider sales, Cisco India & SAARC. He added that while WiFi 6 will

Networking & Operating Systems, Security and Programming the most in-demand training topics: Skillsoft

Skillsoft unveiled Tech Learning Consumption Trends: A Skillsoft Signals Research Report. The report found Networking & Operating Systems, Security and Programming training are in the highest demand among technology and developer professionals. The Skillsoft Signals report also revealed that technology professionals prefer micro-learning and that video is their preferred learning modality, followed by books and

On Brands’ Bad Social Media

The unfortunate social media marketing tweets are everywhere: the Twitter account of Sunny Delight regularly goes through existential crises; Netflix occasionally calls out problematic art; and Burger King promotes “not happy meals” for depressed customers. According to journalist Naomi Klein, however, brands have been trying to be our friends for decades. Her influential book No Logo critiqued branding and capitalism

Don’t Wall Off Innovative Tech Firms from Banking

Washington politicians may disagree on what to do at the U.S. border, but when it comes to technology firms entering banking, it seems many from both parties want to build a wall. Ironically, this virtual barrier would primarily keep out not foreign financial firms, but American non-bank innovators with new financial products that could greatly

A social-networking website for student travelers

One Harvard student found a place to crash for a few days in Athens. Another met a Columbia student in China, and the two explored parts of Chengdu together. A third planned her trip to Brussels with tips she got from other peers: where to find the best frites and Belgian chocolates, and key phone

Huawei allegedly developed a spy-friendly phone network for North Korea

If Huawei was hoping to mend its reputation in the wake of the de facto US ban, it’s about to be disappointed. The Washington Post and 38 North have published joint reports indicating that Huawei helped build Koryolink, North Korea’s highly restrictive cellphone network that went live in 2008. According to documents, Huawei partnered with China’s state-owned Panda International Information Technology