New Delhi, The Reserve Bank of India’s (RBI) move to direct banks to take the major debt defaulters through the route of insolvency in order to tackle non-performing assets (NPAs) was principally “not correct”, former RBI Governor Y.V. Reddy said on Friday.
“It is essentially a problem of the public sector banks, which are owned by the sovereign. In a way asking RBI to take the initiative in solving the problem (of NPAs) is extraordinary,” Reddy said here at the 20th JRD Tata Memorial Lecture organised by the Associated Chambers of Commerce and Industry of India (Assocham).
“In principle, I agree it is not correct. I didn’t say it is not the best option. But the regulator’s measure is special.”
Reddy said banking was a business where one needed to take risks. “Essentially, it is a macroeconomic, banking and public sector problem.
“If it (NPAs) is fixed quickly, the better,” he added.
Reddy also said that if there was a difference in the public and private sector banks’ performance, then it should be attributed to its governance.
Here are ten special features in the Apple iPhone X you need to know before buying.
Apple iPhone X is the first smartphone from Apple to feature a bezel-less design. It offers a 5.8-inch Super Retina display and is powered by a A11 Bionic chip. The iPhone X also comes with wireless charging and an improved rear camera with dual optical image stabilisation and of course facial recognition enabled by a TrueDepth camera.
The iPhone X offers an all-screen display that precisely follows the curve of the device. The all-glass (front and back) smartphone will be available in Silver and Space Grey colours. There is a surgical-grade stainless steel band that holds the glass body and reinforces the device. It is water and dust resistance.
2) Display The iPhone X comes with a 5.8-inch Super Retina OLED display offering true blacks, a million-to-one contrast ratio and wide colour support. The HDR display supports Dolby Vision and HDR10, which together make photo and video content look good. The addition of True Tone dynamically adjusts the white balance of the display to match the surrounding light for a more natural, paper-like viewing experience.
iOS 11 is redesigned to take full advantage of the Super Retina display and replaces the Home button with fast and fluid gestures. This allows users to naturally and intuitively navigate on the iPhone X by simply swiping up from the bottom to go home from anywhere.3) Face ID
On the security front, the iPhone X offers Face ID facial recognition to unlock the device. It is achieved by using a new TrueDepth camera system made up of a dot projector, infrared camera and flood illuminator, and is powered by A11 Bionic to accurately map and recognise a face. Face ID can be also enabled for Apple Pay and Apple claims that it works seamlessly in the dark as well.
How does it work?Face ID projects more than 30,000 invisible IR dots. The IR image and dot pattern are pushed through neural networks to create a mathematical model of your face and send the data to the secure enclave to confirm a match, while adapting to physical changes in appearance over time.
All saved facial information is protected by the secure enclave to keep data extremely secure, while all of the processing is done on-device and not in the cloud to protect user privacy. Face ID only unlocks iPhone X when users look at it and is designed to prevent spoofing by photos or masks.
Reinvented Front & Back Cameras Featuring Portrait Lighting
The new 7-megapixel TrueDepth camera on the front that enables Face ID features wide colour capture, auto image stabilisation and precise exposure control, and brings Portrait mode to the front camera for selfies with a depth-of-field effect.The iPhone X also features a redesigned dual 12-megapixel rear camera system with dual optical image stabilisation. The ƒ/1.8 aperture on the wide-angle camera along with an improved ƒ/2.4 aperture on the telephoto camera for better photos and videos.
A new colour filter, deeper pixels and an improved Apple-designed image signal processor delivers advanced pixel processing, wide colour capture, faster autofocus in low light and better HDR photos. A new quad LED True Tone Flash offers twice the uniformity of light and includes Slow Sync, resulting in more uniformly lit backgrounds and foregrounds.
5) Augmented RealityThe cameras on iPhone X are custom tuned for the ultimate AR experience. Each camera is individually calibrated, with new gyroscopes and accelerometers for accurate motion tracking. The A11 Bionic CPU handles world tracking, scene recognition and the GPU enables incredible graphics at 60fps, while the image signal processor does real-time lighting estimation. With ARKit, iOS developers can take advantage of the TrueDepth camera and the rear cameras to create games and apps offering fantastically immersive and fluid experiences that go far beyond the screen.
6) Video recording
The new camera also delivers the highest quality video capture ever in a smartphone, with better video stabilisation, 4K video up to 60fps and 1080p slo-mo up to 240fps. The Apple-designed video encoder provides real-time image and motion analysis for optimal quality video.
Portrait mode with Portrait Lighting on both the front and rear cameras brings dramatic studio lighting effects to iPhone and allows users to capture portraits with a shallow depth-of-field effect in five different lighting styles.
With iOS 11, iPhone X supports HEIF and HEVC for up to two times compression and storage for twice the photos and videos.
The TrueDepth camera brings emoji to life in a fun new way with Animoji. Working with A11 Bionic, the TrueDepth camera captures and analyses over 50 different facial muscle movements, then animates those expressions in a dozen different Animoji, including a panda, unicorn and robot. Available as an iMessage app pre-installed on iPhone X, users can record and send Animoji messages with their voice that can smile, frown and more.
8) A11 Bionic chipset
The A11 Bionic features a six-core CPU design with two performance cores that are 25 percent faster and four efficiency cores that are 70 percent faster than the A10 Fusion. A new, second-generation performance controller can harness all six cores simultaneously, delivering up to 70 percent greater performance for multi-threaded workloads, giving users more power while lasting two hours longer than iPhone 7.
The A11 Bionic also integrates an Apple-designed GPU with a three-core design that delivers up to 30 percent faster graphics performance than the previous generation. All this power enables incredible new machine learning, AR apps and immersive 3D games.The new A11 Bionic neural engine is a dual-core design and performs up to 600 billion operations per second for real-time processing. A11 Bionic neural engine is designed for specific machine learning algorithms and enables Face ID, Animoji and other features.
9) Qi wireless charging
The glass back design enables a wireless charging on the iPhone X. Wireless charging works with the established Qi ecosystem, including two new wireless charging mats from Belkin and mophie, available from Apple Authorised Resellers.
10) AirPower: A new way to charge Apple devicesApple gave a sneak peek of AirPower, an Apple-designed wireless charging accessory coming in 2018, which offers a active charging area that will allow iPhone 8, iPhone 8 Plus or iPhone X users to simultaneously charge up to three devices, including Apple Watch Series 3 and a new optional wireless charging case for AirPods.
- Xiaomi India sends invite for November 2 launch
- Mi Note 3 likely to launch in India
- The Mi Note 3 comes with ‘Adaptable AI Beautify’ feature
Xiaomi India has sent out invites for a launch event next week where it will unveil “a new series” in the country. It is widely expected that the November 2 Xiaomi India launch could see the release of a new smartphone in a price category that it has not tapped so far. With the Mi and Redmi series already in India, the company may bring the Mi Note series in India. The Mi Note 3 is likeliest candidate, as it is positioned higher than the Mi 6 in Xiaomi’s portfolio, but we will have to wait a week for the event to find out.
The Chinese company couple of months back sent out similar launch invites, teasing a ‘new series’, and then had revealed the Mi A1 – the first smartphone in an all-new Android One range by Xiaomi that’s made in collaboration with Google. Xiaomi currently covers a broad range of price categories with its Redmi and Mi-Series smartphones. The Redmi 4A is the company’s cheapest Android smartphone offering in the country while the recently unveiled Mi MIX 2 is the most expensive one in the entire portfolio. Xiaomi Mi MIX 2, the bezel-less display smartphone, was launched in the country earlier this month and comes with a price tag of Rs. 35,999.
Going by the official invite, we expect Xiaomi to announce the Mi Note 3 smartphone in India. It’s worth mentioning that the Mi Note range has been one that has not debuted in India until now. The Xiaomi Mi Note 3 is essentially considered as a larger version of the Xiaomi Mi 6, launched earlier this year, with some minor differences. A forum post on MIUI also drops a hint that selfies will be a highlight feature of the device.
For those unaware, the Mi Note 3’s biggest highlight is its ‘Adaptable AI Beautify’ feature, which uses AI-based algorithms to beautify selfies, and has a different algorithm for men and women. Both the launch invite and the forum post feature a lightning symbol, implying either fast charging or impressive battery performance. The hint once again points at the Mi Note 3, which features a 3500mAh battery. It also features ‘Fast Charge 3.0 dual parallel’ fast charging technology, as per Google Translate. This fast charging technology doesn’t seem to be directly related to Qualcomm’s Quick Charge, and the Snapdragon 660 SoC the smartphone runs on supports Qualcomm Quick Charge 4.0.
The Xiaomi Mi Note 3 price in China starts at CNY 2,499 (roughly Rs. 24,500) for the 6GB RAM/ 64GB inbuilt storage variant, CNY 2,899 (roughly Rs. 28,300) for the 6GB RAM/ 128GB inbuilt storage variant in Black, and CNY 2,999 (roughly Rs. 29,400) for the 6GB RAM/ 128GB inbuilt storage variant in Blue. We can expect the company to bring only one variant if not all to the country.
The company also unveiled the Redmi 5A smartphone in China earlier this month which is the successor to the Redmi 4A. In August, it had launched the Redmi Note 5A in China, with a 16-megapixel front camera revealing its focus on selfies. The company may launch these smartphones at its November 2 launch as well.
All three major telecom operators Reliance Jio, Airtel and Vodafone offer international roaming
services so that you can make and receive calls to or from home country.
All three major telecom operators Reliance Jio, Airtel and Vodafone offer international roaming services so that you can make and receive calls to or from home country. Although it sounds convenient for users, it isn’t cheap. The calls you make can be expensive, and you may be charged for calls you receive. The cost of data usage is also exuberant.
Here’s a quick comparison between international roaming plans offered by Reliance Jio, Airtel and Vodafone
To apply for international roaming you need to purchase Rs 1101 pack via MyJio.com or Jio.com. While Reliance Jio does offer international roaming, it does’t offer customisable plans. At the moment, it only offers pay-per-usage rates for all countries that seems to be more expensive than other telcos. For instance, its outgoing calls from Australia to India is priced at Rs 142.50 per minute, incoming calls at Rs 71.25 per minute, outgoing SMS at Rs 23.75 per minute, and mobile data at Rs 6.18 per Rs 10 kilobyte (KB).
Reliance Jio has recently launched its international tariffs, including ISD rate cutter plans which offer international calling at as low as Rs 3 per minute. Users need to recharge with Rs 501 to activate Jio’s rate-cutter plans. International calls to countries including Bangladesh, USA, Singapore, New Zealand, UK, Belgium, Brazil, Hungary, Mongolia, Poland, Portugal, Switzerland, Sweden and more can be made at Rs 3 per minute.
Plus, those calling to France, Malaysia, Pakistan, Japan, Argentina, Denmark, Israel, South Korea and more will have to pay Rs 4.8 per minute. Reliance Jio’s international call tariffs go up to Rs 13 per minute for places like Nepal, UAE and Rs 13.8 per minute for Bahrain.
Airtel is offering two international roaming packs for Singapore priced at Rs 499 (1 day) and Rs 2499 (30 day). The Rs 499 roaming pack comes with a validity of one day and 300MB data. Users also get unlimited incoming calls. The Rs 2499 plan comes with a validity of Rs 30 days and 3GB data. Users meanwhile get unlimited incoming calls.
Like Reliance Jio and Airtel, Vodafone is also offering international roaming packs for travellers to the USA, UAE and Singapore. It’s called the ‘i-Roam Free’ pack. The pack is available at different price points with options of Rs 5,000 for 30-days, Rs 3,500 for 10-days and Rs 2,500 for 7-days.While roaming in USA, UAE and Singapore, all calls and data is now free and unlimited, benefits on international roaming in other countries include all incoming calls free, and data plus outgoing calls being nominally charged at Re. 1/MB and Rs. 1/minute respectively.
The Pixel 2 sports a 5-inch Full HD display, while the Pixel 2 XL sports 6-inch HD display with an 18:9 aspect ratio. Pre-orders start from October 26.
Google’s brand new smartphones, the Pixel 2 and Pixel 2 Xl will be launching in India on October 27. The company has sent out media invites for the same and pre-orders for the device will start a day early. To recall, the Pixel 2 and Pixel 2 XLwere unveiled earlier this month and like their predecessors, the internals of the two phones are pretty-much the same, with the major difference being the screen size.
The Pixel 2 sports a 5-inch Full HD display, while the larger Pixel 2 XL sports a 6-inch QHD+ display with an aspect ratio 18:9.The two are powered-by Qualcomm’s Snapdragon 835 SoC with 4GB of RAM. The two are available in 64GB and 128GB storage variants. Prices for the two phones in India are not yet known, but the Pixel 2 starts at $649 (approx Rs 42,000 directly converted) in the US, while the Pixel 2 XL starts at $849 (approx Rs 55,000 directly converted). The two phones offer a 12.2MP rear camera with f/1.8 apertures and scored 98 on DXOMark, making them the highest rates smartphones on the platform. Google recently revealed that both devices feature a deactivated custom octa-core SoC called the Pixel Visual Core Chip. The company claims that the processor is capable of running HDR+ mode five times faster, while using less power.
Further, hints of Google recent acquisition of HTC’s smartphone division, can be seen on the two phones as well. The new Active Edge feature lets users launch the Google Assistant by squeezing the sides of the phones. A feature similar to what HTC offers with the HTC U11.
it looks like Samsung is currently working on a Dual Wireless Charging Pad something very similar to Apple’s AirPower that was introduced at the iPhone X event. Samsung has filed the patent and had got the approval by the US Patent and Trademark Office (USPTO) for this new Dual Wireless charging pad. Samsung last year introduced EP-PA710 Qi-based Wireless Charger Tray design that can charge 2 devices wirelessly at once.
Samsung’s Wireless charging pad is said to take advantage of the both inductive and resonate modes of wireless charging which are Qi compliant. This means that the charging pad can charge any smartphone or wearable product in the market. Going by the initial sketches from the patent, it looks like the dock will have two coils both of them support inductive and resonate charging and the pad can automatically make the switch between the two when it sees fit.
According to the patent application, it is designed to charge smartphones or wearable device by using one of the magnetic induction method or the magnetic resonance method and charge the device with either of the methods.
Samsung has filed this patent in March, so given the fact that these are just patent files, there isn’t any appropriate timing for their launch. However, it is largely expected that this new Wireless Dual Charging Pad might make an appearance at the Galaxy S9 launch which is slated for early 2018.