Savita V Jayaram

Articles by Savita V Jayaram

Email : editor@ibtimes.co.in

What is Pacific Light Cable Network and why did Google, Facebook drop plans for it

The US Federal Communications Commission (FCC) warned that linking Los Angeles to Hong Kong via undersea cable network will pose national security challenges from Chinese tech intruders.

Sep 2, 2020

RBI suggests measures to improve liquidity, boosts demand for govt bonds with yields monitored

RBI to allow banks to hold fresh acquisitions of SLR securities acquired from September 1, 2020 under HTM up to an overall limit of 22 percent of NDTL up to March 31, 2021.

Sep 1, 2020

Explained: Apple and Tesla stocks split; here's what it means for investors in layman terms

Apple announced that it will split its stock on a 4-for-1 basis, and Tesla will split its stock on a 5-for-1 basis today. Will this stock split affect investors share holding? If yes, how? What will happen after the stock split?

Aug 31, 2020

Lord & Taylor at Palisades Park Mall West in New York

Lord & Taylor is going out of business after 194 years; hosts final clearance sale

The first US department store Lord & Taylor decides to finally shut down all of its stores soon, after being in the business for nearly 200-years, ever since its launch in 1826.

Aug 28, 2020

Why Nancy Pelosi doesn't want Biden to debate Trump and why ex-VP wants to

Joe Biden speaks up on debating Trump says, "I'm going to debate him. I'm going to be a fact-checker on the floor." Speaker Nancy Pelosi advises not to debate Trump, for it would only contribute towards legitimizing his position as President of the USA.

Aug 27, 2020

No, Google is not buying TikTok; Sundar Pichai puts speculations to rest

Google CEO Sundar Pichai confirmed Google has no plans to acquire TikTok. Also, TikTok unlike Google is flourishing during the pandemic and not facing antitrust scrutiny.

Aug 27, 2020

Calicut International Airport in Kozhikode

Indian airlines under ICAO scrutiny, audit postponed to Jan 2021: How will this impact international expansion plans

The United Nations aviation scrutineer International Civil Aviation Organization (ICAO) intends to conduct another audit of India's air safety readiness. A poor ICAO score post audit would impact Indian airlines international expansion plans.

Aug 26, 2020

Odisha CM Naveen Patnaik asks Sajjan Jindal to fast-track Rs 53,700-crore Jagatsinghpur steel project

Chief Minister of Odisha, Naveen Patnaik along with a team of officers enquired about the progress of JSW Steel's integrated steel project in Jagatsinghpur and other projects, over video conference with Sajjan Jindal, managing director of JSW Group of companies.

Aug 25, 2020

What is unexplained cash credit in your bank account and why you need to pay upto 83% income tax

The Income Tax department strengthened the scrutiny on taxpayers, by demanding the source of income for "unexplained cash credit" into their bank accounts the previous year, and source of gold, jewellery or other valuable items undeclared by the taxpayer.

Aug 24, 2020

BBMP rolls out new guidelines for Ganesh Chaturthi celebrations in Bengaluru

In order to avoid large gatherings and contain the spread of coronavirus in the city, BBMP has restricted Ganesh Chaturthi celebrations to a maximum of 3 days and idol immersion should be done within this brief period.

Aug 24, 2020

Hurricane Morco, Tropical storm Laura to strike back-to-back: US Gulf Coast on high alert | Details

Hurricane Marco to strike Monday and tropical storm Laura will soon strengthen to become hurricane. It will hit the U.S Gulf coast across Louisiana, Mississippi, Florida and Alabama at 96 mph on Wednesday and Thursday this week.

Aug 24, 2020

Meghan Markle takes a dig at Trump, calls for change; Not everyone is happy

Ahead of the upcoming US presidential election 2020, was it right of Meghan Markle to voice out her opinions, calling for 'change'? Is it something Americans seek in these trying times?

Aug 22, 2020

NPCI forms new international entity, infuses Rs 50 crore to expand UPI to global markets

Meanwhile, RBI opens up the application window for private companies to set up NPCI-like umbrella entities in India, and NPCI plans to expand its payment and settlement services in international geographies through paper-based and electronic clearing systems.

Aug 19, 2020

Explained: How did RBI arrive at Rs 57,128cr dividend declaration for FY21

Earlier in the day today, RBI approved a dividend of Rs 57,128 cr for FY21 and decided to maintain 5.5 percent as contingency risk reserve or retained earnings. Let's interpret the RBI numbers and calculations here.

Aug 14, 2020

Oil PSUs ban foreign vessels and chartering tankers with China connection for oil trade

This move will unlikely impact trade flow between two of Asia's largest economies, as use of Chinese vessels is anyways limited to transport and supply of liquefied petroleum gas.

Aug 13, 2020

#HonoringtheHonest Faceless Scheme for Taxpayers in India

Explained: What is Faceless Assessment Scheme, Exclusions that Modi introduced to reward honest taxpayers

There will be no physical interface between the taxpayers and the IT department. The Faceless appeal service will ensure complete transparency in workings and come into effect from September 25, 2020.

Aug 13, 2020

Central Drugs Standard Control Organisation (CDSCO)

Digital Vision under DGCI scanner: Renaming Coldbest to Cofset AT cough syrup didn't help manufacturer

Cofset AT cough syrup, earlier sold as Coldbest in March 2019 is allegedly held responsible for causing renal failure, leading to deaths of nine children in the J&K earlier. DGCI orders nationwide halt on distribution and sales of Digital Vision's adulterated cough syrup.

Aug 10, 2020

How US govt's 7% per-country cap on green card punishes Indian immigrants

The new immigrant system solely discriminates on the basis of where the immigrant was born. If you are born in any country, other than China and India, say in Ghana, Sweden or Indonesia, then your green card application will be considered immediately.

Aug 6, 2020

Amid inflation pressure will RBI Gov Shaktikanta Das risk slashing repo rates

Amid rising inflation concerns in times of the pandemic, economists predict RBI could ease monetary policy now. This, by cutting the repo and reverse repo rates by at least 25 bps to 3.75% and 3.10% respectively.

Aug 3, 2020

ABVP president "desperately seeks compromise" over harassment of 60-year-old Chennai woman

In an apparent audio-video expose leaked on Twitter, ABVP president Dr. Subbiah Shanmugam is allegedly heard conceding, the BJP functionaries were directly sent by the RSS to cover up the woman's harassment charges against him.

Jul 26, 2020

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Articles by Savita V Jayaram

What is Pacific Light Cable Network and why did Google, Facebook drop plans for it

RBI suggests measures to improve liquidity, boosts demand for govt bonds with yields monitored

Explained: Apple and Tesla stocks split; here's what it means for investors in layman terms

Lord & Taylor is going out of business after 194 years; hosts final clearance sale

Why Nancy Pelosi doesn't want Biden to debate Trump and why ex-VP wants to

No, Google is not buying TikTok; Sundar Pichai puts speculations to rest

Indian airlines under ICAO scrutiny, audit postponed to Jan 2021: How will this impact international expansion plans

Odisha CM Naveen Patnaik asks Sajjan Jindal to fast-track Rs 53,700-crore Jagatsinghpur steel project

What is unexplained cash credit in your bank account and why you need to pay upto 83% income tax

BBMP rolls out new guidelines for Ganesh Chaturthi celebrations in Bengaluru

Hurricane Morco, Tropical storm Laura to strike back-to-back: US Gulf Coast on high alert | Details

Meghan Markle takes a dig at Trump, calls for change; Not everyone is happy

NPCI forms new international entity, infuses Rs 50 crore to expand UPI to global markets

Explained: How did RBI arrive at Rs 57,128cr dividend declaration for FY21

Oil PSUs ban foreign vessels and chartering tankers with China connection for oil trade

Explained: What is Faceless Assessment Scheme, Exclusions that Modi introduced to reward honest taxpayers

Digital Vision under DGCI scanner: Renaming Coldbest to Cofset AT cough syrup didn't help manufacturer

How US govt's 7% per-country cap on green card punishes Indian immigrants

Amid inflation pressure will RBI Gov Shaktikanta Das risk slashing repo rates

ABVP president "desperately seeks compromise" over harassment of 60-year-old Chennai woman

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'