Higher education in India gets a Rs 8,000 crore boost

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT

New Delhi: To increase investment in higher educational institutions, the Union Cabinet today approved a proposal for expanding the scope of Higher Education Financing Agency (HEFA) by expanding its capital base to Rs 10,000 crore and tasking it to mobilise Rs 1 trillion by 2022.

Briefing reporters after the Cabinet meeting chaired by Prime Minister Narendra Modi, Union minister Ravi Shankar Prasad said the government wants to increase investments in higher education, for which an announcement was made in the last budget and HEFA was established.

“At that time its authorised capital was Rs 2,000 crore and now it has been increased to Rs 10,000 crore,” Prasad said, adding that earlier central government universities and other new varsities didn’t get advantage of HEFA but in today’s cabinet meeting, it was decided that they can utilise this fund.

In his Union Budget 2018, the then finance minister Arun Jaitley had announced a new initiative of the government—‘‘Revitalising Infrastructure and Systems in Education (RISE)”—to step up investments in research and related infrastructure in premier educational institutions, including health institutions. HEFA, a joint venture company of Canara Bank and Ministry of Human Resource Development which provides financial assistance for creation of educational infrastructure and R&D in India’s premier higher educational Institutions, was tasked to fund this initiative.

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion against estimated expenditure of Rs 1.22 trillion in 2017-18.

[“Source-livemint”]

OnePlus 6 launch date confirmed for May 18, price tipped at Rs 39,999

Chinese smartphone maker OnePlus will launch its upcoming flagship smartphone OnePlus 6 in India on May 18, Moneycontrol has learnt. The phone will likely cost Rs 39,999.

The upcoming OnePlus phone has been subject to a lot of speculation over the past few months.

The company, whose motto is to ‘Never Settle’, has released various teasers about the upcoming phone’s features under the slogan ‘The speed you need’. Here’s everything we know about the phone so far.

The phone will keep up with the latest design trend in Android smartphones and will sport an iPhone X-like notch at the top and extremely thin bezels on the sides and the bottom. Those who dislike notches will be able to black out the sides of the notches while in the landscape mode.

The company has been on a pursuit to provide its users with ‘burdenless experience’ and has confirmed the phone will be featuring the latest Snapdragon 845 processor along with an 8GB RAM. The confirmation also says the phone will be sporting 256GB storage.

Media reports had speculated that the OnePlus 6 could cost in the early 40 thousands, but a cost of Rs 39,999 would come as a relief to fans of OnePlus that like the phone for its top-end features and competitive pricing.

The company almost confirmed that the phone will be waterproof in the tweet below which says, “Don’t you just hate it when you have to stop using your phone when it rains? So do we”. However, it is unclear whether the phone will be IP67 or IP68 certified.

The slider button on OnePlus devices were traditionally used to shift between volume settings, but on OnePlus 6, the slider can also be used to adjust focus while clicking pictures.

[“Source-moneycontrol”]

Airtel Partners Intex, Offers Aqua Lions N1 at an Effective Price of Rs. 1,649

Airtel Partners Intex, Offers Aqua Lions N1 at an Effective Price of Rs. 1,649

HIGHLIGHTS

  • Intex Aqua Lions N1 was unveiled on Wednesday alongside the offer
  • Two older Intex smartphones were also brought under Airtel’s offer
  • Airtel previously partnered with Karbonn and Celkon

Airtel has partnered Intex to bring three of the domestic brand’s smartphones under its Mera Pehla Smartphone initiative, which offers cashback to sweeten the purchase and lock customers onto the operator’s network. Thus far, Airtel has partnered with Karbonn and Celkon, with Intex becoming the third manufacturer to join the telco’s initiative. With the announcement on Wednesday, Intex has also launched a new smartphone – Intex Aqua Lions N1- while bringing its previously launched Intex Aqua S3 and Intex Aqua A4 under the offer’s umbrella.

Let’s start with the offer, before coming to the specifications of the newly launched Intex Aqua Lions N1. As before, Airtel subscribers with an eligible Mera Pehla Smartphone will need to make recharges of any denominations but worth Rs. 3,000 in the first 18 months to receive a cashback of Rs. 500, and recharges worth another Rs. 3,000 in the second 18 month period to claim a cashback of Rs. 1,000 – bringing the total cashback to Rs. 1,500. Users can choose to avail the bundled Rs. 169 pack, which for eligible handsets has a 28-day validity, and offers unlimited calling (subject to fair usage policy) apart from 0.5GB high-speed data a day. The refunds will be credited to the user’s Airtel Payments Bank account.

Getting to the ‘effective prices’ of the Intex handsets under the Airtel Mera Pehla Smartphone offer, the telco says the Intex Aqua Lions N1 has an MRP of Rs. 3,799 but will be available at an MOP (something that Airtel is calling a down payment) of Rs. 3,149. When the Rs. 1,500 cashback is subtracted, the Aqua Lions N1’s effective price is said to be Rs. 1,649. In a similar fashion, the Intex Aqua A4 has an MRP of Rs. 4,999, but will be available at an MOP of Rs. 3,499, bring its effective price after cashback to Rs. 1,999. Finally, the Intex Aqua S3 is said to have an MRP of Rs. 6,649, an MOP of Rs. 5,879, and an effective price of Rs. 4,379 after cashbacks.

Getting to the specifications, the Intex A qua A4 was launched back in May, and you can check out its details in our previous coverage. Likewise, the Aqua S3 was launched in June.

As we mentioned, the Intex Aqua Lions N1 is a brand new smartphone running Android 7.0 Nougat, and it supports dual-SIM cards. It sports a 4-inch WVGA (480×800 pixels) display, and is powered by a 1.1GHz MediaTek processor coupled with 1GB of RAM. The smartphone bears a 2-megapixel rear camera and a 0.3-megapixel (VGA) front facing camera. It offers 8GB of inbuilt storage, expandable via microSD card (up to 128GB) with its own dedicated slot. Connectivity options include 4G VoLTE, Wi-Fi, Bluetooth, GPS, 3.5mm headphone jack, and Micro-USB.

A little background on the Airtel Mera Pehla smartphone initiative – the telecom operator launched the programme back in October in response to the Jio Phone that was marketed with a similar ‘effective price’ strategy. The launch was with the Karbonn A40 Indian, and the telco partnered the domestic brand again in November with the Karbonn A1 Indian and Karbonn A41 Power. In between, it also partnered Celkon for its Smart 4G smartphone.

Other telcos to follow the Jio Phone’s effective price model include Vodafone India with the Micromax Bharat-2 Ultra, and BSNL with the Micromax Bharat 1 feature phone. Vodafone late last month unveiled similar offers for the Micromax Bharat 2 Plus, Micromax Bharat 3, Micromax Bharat 4, and the Micromax Canvas 1.

Speaking on the launch, Ajai Puri, Chief Operating Officer (India and South Asia), Bharti Airtel said, “We are really pleased to see the continued positive response to our ‘Mera Pehla Smartphone’ initiative from customers as well as smartphone manufacturers. We are delighted to have Intex on board as a partner and their brand familiarity plus distribution reach will add to our affordable smartphone proposition and offer more choice to our customers. We look forward to working with them towards empowering every Indian with a 4G smartphone.”

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Intex Aqua Lions N1

Intex Aqua Lions N1

  • KEY SPECS
  • NEWS

Display

4.00-inch

Processor

1.1GHz

Front Camera

0.3-megapixel

Resolution

480×800 pixels

RAM

1GB

OS

Android 7.0

Storage

8GB

Rear Camera

2-megapixel

Battery Capacity

1400mAh

Also See
  • Intex Aqua Lions 3G (Grey, 8GB) – OFFER
    Rs.4,210
  • Intex Aqua Lions 3G (Grey, 8GB)
    Rs.4,220
  • Intex Aqua Lions 4G (Black Grey, 8GB) – OFFER
    Rs.4,295

[“Source-gadgets.ndtv”]

Google Pixel 2 and iPhone 7 at Rs. 39,999, ‘Biggest Ever’ iPhone X Sale, and More Mobile Deals in Flipkart Sale

Google Pixel 2 and iPhone 7 at Rs. 39,999, 'Biggest Ever' iPhone X Sale, and More Mobile Deals in Flipkart Sale

HIGHLIGHTS

  • Pixel 2 offer includes a flat discount, apart from a card-based discount
  • Flipkart’s Big Shopping Days sale will be held from Thursday
  • There will also be discounts on iPhone 7 and Xiaomi Mi A1

The Google Pixel 2 is the company’s latest offering in the premium smartphone segment but the steep pricing has been putting off a lot of prospective buyers, especially in India. To woo back the pure Android lovers, Google and Flipkart are offering a major discount on the Pixel 2 during the latter’s Big Shopping Days sale, which starts on Thursday, December 7 and extends to Saturday, December 9. The Flipkart Big Shopping Days sale has a Mobile segment, and offers include discounts on the Xiaomi Mi A1, Redmi Note 4, popular iPhone models, as well as a limited stock sale of the iPhone X.

The Google Pixel 2’s base model will be available at Rs. 39,999 in Flipkart’s Big Shopping Days sale. This offer price will include a flat discount of Rs. 11,001 as well as a Rs. 10,000 discount that will be subject to card partners during the sale. Exchange offers with up to Rs. 18,000 discount will also be made available, and a BuyBack Guarantee of Rs. 36,500 has been announced.

 

Launched in India earlier this month, the Pixel 2 and Pixel 2 XL are the latest flagship smartphones by Google. The smartphones have high-end hardware that includes high-resolution 18:9 OLED display panels, Snapdragon 835 SoCs, 4GB RAM, 64GB and 128GB onboard storage.

Apart from the Pixel 2, the iPhone 7 will be available at Rs. 39,999 as well in the upcoming sale in limited stocks. The Xiaomi Mi A1 will come at a discount of Rs. 2,000 and cost Rs. 12,999 on Flipkart during the Big Shopping Days sale. As we mentioned, Flipkart’s sale next week will also see the iPhone X coming back in stock, in what the e-commerce platform is promoting as the “biggest-ever” sale of the handset in the country so far.

The Flipkart sale will also see the first release of Redmi 5A (Rs. 5,999), Micromax Canvas Infinity Pro (Rs. 13,999) and Infinix Zero5 (Rs. 19,999) in the Indian market.

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[“Source-gadgets.ndtv”]