"As of March 2020, the net restructured standard advances were approximately Rs 237 crore - commercial vehicle at Rs 135 crore, SME+MSME at Rs 43 crore, mortgages at Rs 43 crore, corporate at Rs 11 crore and others at Rs 5 crore," bank said. … [Read more...] about DCB Bank Q4 profit falls 29% to Rs 69 crore as provisions trebled due to COVID-19; NPAs rise
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Zuckerberg’s neutrality may ultimately prevail. On Thursday, President Trump signed an executive order that encourages regulators to curtail a section of a law that allows social networks to take down content on their sites without having to worry about lawsuits. Some researchers also feel that Facebook is wise to avoid making judgments on petty political spats. Paul Barrett, a professor at NYU who studies political disinformation, writes in an op-ed for Politico that the platform could insert itself into content in ways that have the potential to do great damage. “The platforms cannot and should not try to referee every trivial fib that politicians tell about each other,” he writes. “They should prioritize the consequential issues and statements of the day, much as Facebook’s fact-checkers already try to do.” Misinformation surrounding COVID-19, however political, could be but one such subject. … [Read more...] about As health misinformation and politics collide, social networks face a choice
The designers were surprised when much of the first wave of satisfied Ostrich owners later bought additional pillows for friends and family. “Our nappers love the Ostrich Pillow,” they say, adding that they petitioned the designers for the kiddie version. The update, which comes in two sleepy flavors (Berry Snooze and Dreamy Waves), just made good business sense. … [Read more...] about Wanted? The World’s Goofiest Sleeping Device Is Now For Kids, Too
In that case, frequency and cost could be even more crucial to make sure the people that need to take public transit actually can, but those changes could be at odds. “Some of the ways people talk about reducing touch points is fare-free transit. . . . There’s been movement around that, but that entails costs as well. That’s a lot of revenue that you give up,” Taylor says. And with ridership down, transit systems are already under huge financial strain. “If you lost $400 million a year in fair revenues, you have to cut service or get additional revenues to cover the shortfall,” he adds. “The question is, would fare-free transit benefit people more, or more frequent service?” … [Read more...] about Post-pandemic public transit may not end up looking all that different—but its goals may have to change
For India, experts have said, banking on Herd Immunity is a “terrible idea”. While speaking to former Congress chief Rahul Gandhi, Director of Harvard Global Health Institute Ashish Jha said, “We are finding that even healthy and young people are getting very ill. We can’t be cavalier about this. We have to protect these people. Herd Immunity in India is a terrible idea as millions will die, even young people.” … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?