Tag Archives: Impact

Budget Impact: Job market to see incremental growth

Kolkata: The government’s push to woo the middle class and farmers in its final budget before elections may not result in the creation of significant formal job opportunities in the short term. Incremental job creation is likely to happen primarily in consumption-led sectors — where increased disposable income in the hands of consumers from tax sops could boost demand — ... Read More »

Notes Ban Impact: EMIs To Fall As SBI, Other Banks Cut Lending Rates

New Delhi: Top PSU lenders State Bank of India, PNB and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to priorities their lending towards the poor and middle class. The country’s largest lender, SBI, has reduced marginal cost of funds based lending rate (MCLR) ... Read More »

Demonetisation To Have Temporary Impact On Microfinance Institutions: India Ratings

Mumbai: The Centre’s decision to demonetise Rs. 500 and Rs. 1,000 currency notes may impact microfinance institutions (MFIs) and their borrowers on short term, with the latter likely to face high overdoes. The Narendra Modi-led government on November 8 had announced demonetising notes of Rs. 500 and Rs. 1,000 in a clampdown on black money and counterfeit notes. “(Post demonetisation) ... Read More »

Demonetisation To Impact Small Firms, Rural Demand: Tata Steel

  New Delhi: The government’s move to demonetise currency will impact the secondary steel sector as most of the business conducted by these mini mills and rolling factories is cash-based, which in turn would help the large producers, Tata Steel said. Counted among the top 10 steel makers globally, the Mumbai-based firm said that demonetising will also temporarily impact steel ... Read More »

Samsung Reviewing Ways to Limit Environmental Impact of Galaxy Note 7

Samsung Electronics Co Ltd said on Thursday it was reviewing options to limit the potential environmental impact from the firm’s discontinuation of the Galaxy Note 7 smartphones. The remarks come after environmental group Greenpeace issued a statement earlier this week demanding the world’s top smartphone maker find a way to reuse rare materials such as cobalt, gold, palladium and tungsten ... Read More »

US Attempt to Unlock iPhone Could Impact New York Case: Apple

Apple Inc said the US Justice Department’s new attempts to unlock an iPhone used by one of the San Bernardino shooters without the tech giant’s help could eliminate the government’s need for its assistance in a similar dispute in New York. The company’s position was laid out in a letter filed on Thursday in federal court in Brooklyn, New York, ... Read More »

Opinion: How Will The Budget Impact Your Provident Fund? – By Manoj Nagpal

Finance Minister Arun Jaitley in his third Budget proposed substantive changes to the Employee Provident Fund. In fact, changes to provident fund started even before the Budget. It’s important to know how these changes will affect your provident fund and whether you need to take any specific action. There is a lot of confusion around the proposed changes, but the ... Read More »

TSMC Says Quake Impact on Shipments Marginal

Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments. The world’s biggest contract chipmaker has one of its largest and latest 12-inch wafer production facilities in the city of Tainan, where a 6.4-magnitude ... Read More »

Vulnerabilities in Font Processing Library Impact Firefox, Linux: Report

Security researchers have found vulnerabilities in Graphite, also known as Libgraphite font processing library, that affects a number of systems. The vulnerabilities, if exploited, allow an attacker to seed malicious fonts to a machine. The Libgraphite library is utilised by Linux, Thunderbird, WordPad,Firefox, OpenOffice, as well as several other major platforms and applications. Security researchers from Cisco have posted an ... Read More »