MA in History, Shaktikanta Das is first non-economist in 28 years to be RBI governor

Shaktikanta Das appointed RBI governor

Retired IAS officer Shaktikanta Das is the 25th RBI governor. (Photo: PTI)

There are no fixed eligibility criteria for appointment of a person as the RBI governor. According to the RBI Act, appointment of governor is approved by the PMO on the recommendation of the finance minister. Shaktikanta Das is the 25th RBI governor and 14th career bureaucrat including 12 IAS/ICS officers to hold the position.

With the appointment of Shaktikanta Das as RBI governor, the position has gone back to an IAS officer after two economist incumbents. The last IAS officer to hold the office of RBI governor was D Subbarao, who was also an economist like his predecessor YV Reddy.

However, Shaktikanta Das holds degrees of graduation and post-graduation in History from Delhi University. He later pursued a financial management course from IIM Bangalore. His predecessors Urjit Patel and Raghuram Rajan were economists of repute.

Both Raghuram Rajan and Urjit Patel earned their reputation as top economists during their association with the International Monetary Fund (IMF). Incidentally, Shaktikanta Das is the first RBI governor since 1990, when S Venkitaraman was appointed to the office.

Venkitaraman was an IAS officer and like Shaktikanta Das had served as a secretary in the finance ministry. Venkitaraman was the finance secretary. Shaktikanta Das was first the revenue secretary and then the economic affairs secretary when he oversaw demonetisation drive of the Narendra Modi government.

What about previous appointments as RBI governor?

Osborne Smith was the first RBI governor, appointed in 1935. He was a professional banker. His successors were all bureaucrats drawn mainly from ICS (Indian Civil Services) till BN Adarkar in 1970.

Adarkar was an economist but his stint was a stop-gap arrangement for 42 days. But his appointment was in sync with the growing realisation that the RBI governor had much more to do than just put signatures on various currency denominations.

[“source=cnbc”]

Here is your horoscope for December 10, 2018

ARIES

You are likely to rebel against domination by people in control in the work area today. Personal relationships are sensitive for a time as both partners seek independence and appreciation. Rather than control others, take this time to transform and heal yourself. Lucky number 2. Colour red.

TAURUS

You are enduring in professional ventures and manage finances, staff and schedules efficiently. You are ingenious and creative when faced with challenging situations today. You are cautious, trustworthy and imperturbable when the going gets tough. Lucky number 17. Colour sandy browns.

GEMINI

You are ambitious and ready to achieve professional goals today! Since you are moody and can swing to extremes easily its best to remain playful rather than be heavy and serious to achieve success and goodwill. Spiritual pursuit and meditation can be rewarding. Lucky number 15. Colour red.

CANCER

It is important to retain harmony by adopting a positive approach since the end of the day brings good news. Health problems should not be neglected. Excesses should be avoided. Be here and now to be happy. Socializing is fun as you meet old and new friends. Lucky number 3. Colour blue.

LEO

You take control and clean up a mess at home or at work with speed and alacrity. Love and romance in personal relationships add to your happiness and satisfaction. You achieve goals by focusing on priorities rather than depleting energy in multifarious activity. Lucky number 9. Colour reds.

VIRGO

Women play significant roles in your life as you turn to the family and emotional roots to stabilize your relationships. You are vulnerable and need to assess people and situations with your head, as well as, your heart to know the truth and make a decision. Lucky number 15. Colour gold.

LIBRA

You release mental stress to achieve a happy and balanced lifestyle. Harmony at home and synergy at work allow you to share your wisdom, expertise and achieve important goals. You are ready to meditate and instill some loving energy in a romantic involvement. Lucky number 2. Colour red.

SCORPIO

Beware of getting led away by enthusiasm as opportunities and people appeal to you. Trust your intuition in situations to do with loved ones. Partnerships and collaborations work well as you have support, space and freedom therein. Women play significant roles. Lucky number 2. Colour blue.

SAGITTARIUS

You mediate effectively in a family conflict with the older members on one side and the young ones on the other. You are generous and giving in personal relationships. Your roots are deep in ‘the tree of life’ formation and you value old friendships. Lucky number 10. Colour rusty red.

CAPRICORN

You are youthful, beautiful and strong like ‘The Princess of Pentacles’ with a passion for life! You are giving in personal relationships. You are creative and diligent in professional ventures, earthy matters, financial transactions and practical details. Lucky number 14. Colour green.

AQUARIUS

A laid-back time will allow you to review professional opportunities and personal relationships. As you see the truth in all its reality, your priorities and values will be transformed. You learn hard lessons from life and then lovingly teach them to others. Lucky number 8. Colour blue.

PISCES

Expectations can bring disappointment so take life as it comes and go with the flow. Don’t wait for appreciation but treat it as a gift when it comes in personal or professional aspects. Don’t forget that freedom is more important to you than any commitment. Lucky number 5. Colour red.

[“source=indiatoday]

Breakfast is the most important meal of the day. 4 reasons to never skip it

Breakfast Is The Most Important Meal,Breakfast,Benefits Of Breakfast

Know someone who’s the first one to get on a fad diet? Whether it is intermittent fasting, low carb, high fat, and no carbs at night – you name it and they are the first ones to try it. Well, that person is me.

I feel like I have been on this perennial quest to find out what’s healthy eating really like? With exercise, it is pretty easy. Workout, burn calories and follow a routine that you love. But with food and nutrition, there are way too many options, aspects to consider and obviously not enough clinical evidence of what works.

But if there’s one thing that I’ve realised (after many mistakes) is that breakfast is the indeed the most important meal of the day. You may hear of people who like to skip it or people who can survive on a bowl of fruits, but an ideal breakfast is a lot more than that. When you skip breakfast a number of things happen to your body.

Low energy

Skipping breakfast may work for you for a day, but it is not a sustainable choice. A good breakfast gives you that much needed fuel to function through the day. By skipping it, you’ll likely suffer from a drop in energy – if not on day 1, but definitely by day 7.

Weight

For people following intermittent fasting for weight loss, skipping breakfast helps to maintain their fasting window without compromising on an evening out. But according to a study, when you skip breakfast you’re low on energy and are more likely to crave for fatty foods and crave sugar.

Mood swings

Hangry is indeed a real condition. Opting to not eat breakfast can make you irritable. And if you pick coffee over breakfast to remedy that, you’ll end up with a caffeine high. But once it comes down, you’ll again experience moodiness.

Metabolism

Skipping breakfast can lead to slower metabolism. According to a study, skipping breakfast can increase inflammation. In fact, skipping breakfast or dinner can both have adverse effects.

[“source=hindustantimes”]

Google is testing shopping tab, here’s what it may and may not mean for users

Google is testing shopping tab, here’s what it may and may not mean for users

BENGALURU: Search engine giant Google will soon launch its ‘Shopping’ tab in India, allowing users to search for products to buy and directing them to merchant websites or ecommerce platforms for product listings, two people familiar with the company’s plans told ET.

In the works for several months, the Shopping tab will be piloted soon, prior to a fullfledged launch before the end of the year, one of the persons said.

Confirming the development, a Google spokesperson in an emailed response said, “We are always exploring options to help consumers find the products they want to buy more quickly and efficiently from local merchants.”

Google is already in talks with ecommerce players such as Flipkart, Paytm Mall and Snapdeal to partake in the company’s shopping tab initiative, according to one of the persons cited earlier. ET could not independently verify the same. To be sure, multiple sources ET spoke with clarified that Google will not, for the moment, fulfil online shopping, either through its payment product or otherwise.

Likely to Tap Into SMEs
Besides large ecommerce websites, Google is also expected to tap into its large network of registered small and medium enterprises or SMEs — from neighbourhood kirana stores to high-end handicraft stores — to help users discover products they want. These merchants need not necessarily list on platforms like Amazon or Flipkart.

“They (Google) will partner with retailers of all sizes — it can tell the user where the product is available, is it available online, etc.,” said another person in the know. For now, this service is being provided free of cost.

Some experts see the Google shopping tab as a precursor of the internet giant eventually setting up an ecommerce marketplace.

“It is like how Amazon launched price comparison website Junglee.com before foraying into ecommerce full-fledged after they got consumer data,” said one of the persons cited above. “Google will also first understand Indian shopping trends through the Shopping tab.”

DECLINING AD REVENUES
Google’s foray into product search comes at a time when the tech giant is said to be losing market share to Amazon on product searches in the US, which translates into declining ad revenues.

The US online retail market is dominated by the powerful network built by Amazon through its Prime programme, which analysts believe is difficult to overcome by any other tech company.

“In the US, 50-60% product search begins at Amazon, bypassing Google and cannibalising its market,” said Arpan Sheth, a partner at consulting firm Bain & Company. “Google is losing online shoppers because of this and it is taking a hit at their advertising revenue.”

Earlier this year, media reports said that Flipkart and Amazon had reduced their ad spending on Google by as much as 30%.

Google’s annual ad revenues are over $40 billion. Amazon’s annualised ad revenue is much lower at over $6 billion, but it’s growing at around 132% quarter-on-quarter.

PRODUCT SEARCH
Akin to the ‘News’ or ‘Images’ tabs on Google search page, the ‘Shopping’ tab allows users to sift through different merchant listings of the product they are looking for.

At present, online shoppers generally go to an ecommerce website directly to search for a particular product.

While Google already lists products through its ‘product listing ads’, the Shopping tab will give users a lot more control. For instance, users can filter the product they are looking for based on price or any other attributes, while also getting more details of the product by going to the ‘details’ page.

On the merchant side, anyone with a product feed can plug into Google’s merchant centre to be listed on the shopping tab, said the second person cited earlier.

“The idea is that of an open ecosystem. Google wants partners of all sizes and shapes — offline, online, pureplay, omnichannel,” the person said.

[“source=pcworld”]

dbrand is gearing up for the OnePlus 6T release

If you are into protective gear for smartphones, the chances are you’ve heard about dbrand skins. And even though the OnePlus 6T isn’t out yet, the company is already offering its customizable kits for the handset ahead of the official launch on Monday.

dbrand is gearing up for the OnePlus 6T release

The OnePlus 6 had a serious issue with the grip and dbrand knows that. Going by the latest rumors, the phone will be available in new colors but the main ones from earlier this year – Midnight Black and Mirror Black are here to stay for the OnePlus 6T. This means that the latter will be just as slippery as its predecessor so dbrand doesn’t waste any time. You can check them out at the source link below.

[“source=pcworld”]

India’s Do Not Disturb App is finally approved for iOS’ App Store

With spam callers increasingly becoming an issue all over the world, India set out to tackle the problem by implementing a “Do Not Disturb” app that could let users report spam numbers and register to a ‘do not call’ registry so that Indian subscribers can see relief from constant telemarketing calls.

The TRAI DND app works by letting users report phone numbers that make spam calls or SMS, although it eventually depends upon the carriers to take any action on those numbers (which rarely happens).

Apple and TRAI were in battle earlier this year, with TRAI (Telecom Regulatory Authority of India) demanding Apple allow its DND app on the App Store. The app required access to the user’s call logs and SMS, which is against App Store policies. Apple, thus, declined to have the app on the store, which threw TRAI in a hissy fit and repeatedly threaten to ban sales of iPhones in India. (Google, meanwhile, allowed the app on the Play Store.) This was back in July.

TRAI DND on App Store

By August, things had settled down a bit, and TRAI said they will be taking advantage of the new feature in iOS 12 that allowed users to report spam calls and messages. TRAI finally released its app this week that uses this feature, without accessing any private data.

iPhone users in India can find the TRAI-DND app now at the App Store. In order to install the app, you must have the latest version of iOS 12.1 installed.

[“source=gsmarena”]

India’s Do Not Disturb App is finally approved for iOS’ App Store

With spam callers increasingly becoming an issue all over the world, India set out to tackle the problem by implementing a “Do Not Disturb” app that could let users report spam numbers and register to a ‘do not call’ registry so that Indian subscribers can see relief from constant telemarketing calls.

The TRAI DND app works by letting users report phone numbers that make spam calls or SMS, although it eventually depends upon the carriers to take any action on those numbers (which rarely happens).

Apple and TRAI were in battle earlier this year, with TRAI (Telecom Regulatory Authority of India) demanding Apple allow its DND app on the App Store. The app required access to the user’s call logs and SMS, which is against App Store policies. Apple, thus, declined to have the app on the store, which threw TRAI in a hissy fit and repeatedly threaten to ban sales of iPhones in India. (Google, meanwhile, allowed the app on the Play Store.) This was back in July.

TRAI DND on App Store

By August, things had settled down a bit, and TRAI said they will be taking advantage of the new feature in iOS 12 that allowed users to report spam calls and messages. TRAI finally released its app this week that uses this feature, without accessing any private data.

iPhone users in India can find the TRAI-DND app now at the App Store. In order to install the app, you must have the latest version of iOS 12.1 installed.

[“source=gsmarena”]