Author Archives: Loknath Das

Now NBFCs are dreading bankruptcies in the real estate sector

Blinded by falling funding costs, NBFCs raised their exposure to property firms by 46% over 3 years even as banks have been extremely cautious. Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans with market borrowings. Now, Dewan Housing Finance Corp. is confronting the fallout of that Read More


Real estate firm penalised for breaking pact

The District Consumer Redressal forum has asked Nature Farms and Real Estates Private Limited to refund Rs 3,16,924 along with 12 per cent interest and pay Rs 3,962 per month from August 20, 2015, to July 20, 2019, as lease amount and Rs 30,000 as compensation and litigation expenses to a city-based resident for failing to give timely possession of Read More


Foods to boost mental health

Ireland has one of the highest rates of mental health problems in Europe, ranking joint third (along with France) out of the 36 countries surveyed in the annual Health at a Glance report. The last few years have seen a big increase in both awareness and support for people experiencing mental illness – however, one area that seems to be Read More


Centre To Use “Technology” To Seal Borders With Bangladesh: Rajnath Singh

Rajnath Singh said nothing could stop BJP from winning all 42 Lok Sabha seats in West Bengal this time. FALAKATA:  The Central government has decided to use a new technology to seal India’s international borders with Bangladesh passing through Assam and West Bengal by putting in place a comprehensive integrated border management system, Union Home Minister Rajnath Singh said in Read More


Josh Lomeli: a Palomar-Powered career in water technology

Palomar student on the cover of the Spring 2019 Class Schedule will earn his degree in Water Technology this year. He is already on the job with the Rincon del Diablo Municipal Water District in Escondido. ESCONDIDO — Like many students, Josh Lomeli cycled through a handful of career ideas before settling on water. After all, it was one field Read More


‘Age-Tech’: The Next Frontier Market For Technology Disruption

I recently discussed in this column the vast size and potential of the “Longevity” economy. “Age-Tech” is emerging as the preferred way to describe the intersection of Longevity and Technology. To understand more about the size and import of Age-Tech, I spoke to Dominic Endicott. Dominic is a venture capitalist operating between Boston, New York and London. As a partner at Read More


International education boom predicted, despite decline in Chinese students

New analysis predicts Australian universities will continue to enjoy “booming” demand from international students despite a forecast drop from China, which dominates the market. While Australia is predicted to this year overtake Britain and become second only to the US as the most popular destination for international students, the analysis notes the dangers of over-reliance on China and the opportunities to Read More


AT&T to cut jobs in weaker business units

AT&T Inc is cutting some jobs in declining areas of its business, while hiring more people in faster-growing segments, an AT&T spokesman said on Monday. The layoffs will affect a “small” portion of the workforce and are consistent with staffing changes AT&T has done in the past, spokesman Jim Greer told Reuters by telephone. He declined to specify how many Read More


Exclusive: Health Food Vendor NutriTap Raises Seed Funds From Apoorva Patni, Others

Gurugram-headquartered healthy food supplier NutriTap has raised $282K (INR 2 Cr) in a seed funding round, founder and CEO Rajesh Kumar told Inc42. The funding round was led by angel investor Apoorva Patni, Sameer Khetarpal (director Category, Amazon) and senior members of McKinsey & Co, Google etc. Founded in 2017 by Kumar and Medha Mishra, NutriTap offers nutritious food products and Read More


Master cleanse – Lemonade diet for weekend detox and weight loss

The lemonade diet is very popular for detox and weight loss. It contains Vitamin C and many antioxidants that help to cleanse the body of toxins. Other benefits of the diet include weight loss and healthy skin. Master cleanse – Lemonade diet for weekend detox and weight loss  |  Photo Credit: Getty Images New Delhi: The weekend is the time to unwind Read More