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SCCM Pod-327 Does Simulation Improve Recognition and Management of Pediatric Septic Shock?

Margaret Parker, MD, MCCM, speaks with Mark C. Dugan, MD, about the article: Does Simulation Improve Recognition and Management of Pediatric Septic Shock, and If One Simulation Is Good, Is More Simulation Better?




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SCCM Pod-384 Updated Pediatric Severe Traumatic Brain Injury Guidelines

Margaret M. Parker, MD, MCCM, and Patrick M. Kochanek, MD, MCCM, discuss the updated pediatric severe traumatic brain injury guidelines




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Poke Me: It may be a mantra, but India’s demographic dividend can become a burden if unattended

India is currently in a sweet spot, with its working-age population expected to grow by a third over the next three decades, at a time when China and Russia will see a fall of over 20% .




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Government may fall short of its skill development goal of training one crore youth

Under the PMKVY-2.0, launched in October 2016, ministry had targeted to impart skill training to one crore youth for over four years (2016-20). Out of this, 60,00,000 was the target under short-term training while 40,00,000 was the target under the recognition of prior learning (RPL) component for 2016-20.




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View: Step back, strategise, build, Covid-19 may be the black swan of 2020s.

Structural and cost disadvantages have held India back. Absence of local supply chains, high manufacturing and logistics costs, combined with financial and fiscal incentives provided by the likes of Vietnam, puts India at an extra 8-10% disability. To change this, a bespoke production-linked incentive for mobile manufacturing is needed.




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Embracing technology: Should a small business take a loan to upgrade?

Technology does not come cheap and more often than not; it does call for substantial investment.




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I can't risk lives of my policemen to manage crowd at liquor shops: Delhi Police Commissioner SN Shrivastava

Police should have welfare systems similar to the ones implemented by the armed forces, says Delhi Police Commissioner SN Shrivastava.




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You can make digital transactions but cannot transfer money using RBI's newly launched PPI

Unlike the PPIs that are available now, the new instrument can only be used for making retail payments. You cannot use it to transfer funds to other PPIs, make credit card payments and so on.




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6 game-changing smartphones of 2019

The year 2019 saw the launch of many smartphones. However, there were some of these which were game-changers and paved the way for the next generation of smartphones. ET Wealth rounds up the top six among these.




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Hallmarking of gold jewellery mandatory now. Here's what you need to know

The way you buy gold changed from January 15 as hallmarking has now become mandatory. There are four components that you should look for on the hallmarked gold jewellery to ensure the purity of gold. Here is a look at each of them in detail.




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Amazon's Great Indian Sale's here. Check out the top deals

There will be up to 70% on from small businesses that includes up to 50% off artisan handloom and handicrafts. Up to 75% on 'interesting finds' from startups, 40% off on women-made products, up to 80% off on fashion, accessories and home products.




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5 smartphone trends to look for in 2020

2019 saw some major innovations in the smartphone segment. After a happening year as far as smartphone launches were concerned, 2020 is expected to witness a lot more competition in innovation as well as on the design front. ET Wealth lists 5 such trends.




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6 smartphones costing less than Rs 12,000 for heavy users

If you are a heavy smartphone user and are looking for a smartphone that offers higher battery power but are running a tight budget for such a spend, then here are six options that will solve your problem. These fall in the below Rs 12,ooo price range.




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How to clean up your computer, smartphone to get them ready for life after the lockdown

Your computer, smartphones might be holding videos, photos and audio in various folders, and you would not even know that it's there. Hence, ET Wealth tells you the following methods on how to clean up your devices for more efficiency.




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5 compact, powerful smartphones

Mobile phone manufacturers are focusing on increasing the screen size of devices. However, if you are someone who prefer a more compact phone, ET Wealth rounds up some of the best options.




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Developers may face liquidity crisis on NBFC woes: Fitch

MUMBAI: Liquidity risk is increasing for Indian-based real-estate developers, as non-bank financial institutions (NBFI; including housing finance companies) are shying away from lending to the sector, said Fitch Ratings.Developers that rely on refinancing from NBFIs, particularly those with weak financial profiles, will be affected the most should conditions persist. The availability of unencumbered assets among large developers may be of limited use, as NBFIs are looking to shed their already-high exposure to the sector, especially to large borrowers.NBFIs have disproportionately increased their share of real-estate sector credit in the previous few years, owing to heightened risk aversion by banks; banks have been cutting exposure due to their own funding challenges that began in late 2018, which have become more acute in the previous few months; domestic bank exposures fell to 2.3% of loans in the financial year ending March 2019 from 2.8% in 2015-16.NBFIs are now also shying away from refinancing maturing debt of even large, proven developers to limit concentration risk to the sector. This is pushing developers towards alternative funding channels, such as private equity. The availability of such funding could be more limited than the value of maturing debt and may only be available to established developers with sufficient unpledged assets. It would also come at a higher cost. We believe banks may still consider exposure to quality real estate, but overall exposure continues to decline.Developers that are focused on high-end projects may face higher risk, as sales of such projects have slowed in the last two years. We believe these developers would be wary of taking sharp price corrections on unsold inventory to boost sales, except in extreme circumstances, as this could diminish the value of unsold inventory and weaken collateral cover for existing lenders.In addition, any boost in sales would be temporary. Meanwhile, developers with substantial exposure to affordable housing may still benefit from marginal access to lenders in light of healthy pre-sales growth, supported by India's substantial housing deficit and government incentives for buyers via the credit-linked subsidy scheme as well as for developers, including tax deductions and grant of infrastructure status, which entitles companies to some benefits and concessions.The government has announced measures to improve NBFI-sector liquidity, but their efficacy remains to be seen. For example, we believe the government's July 2019 announcement to provide a first-loss guarantee of 10% on securitised assets issued by NBFIs to banks could ease funding pressure for NBFIs in the short term. However, the provision refers only to financially sound issuers and there is a lack of clarity about the duration of the guarantee and the definition of what comprises a 'financially sound' entity. In addition, most of the actions by the authorities to alleviate the liquidity squeeze will benefit the largest and least risky NBFIs and is unlikely to address the pressure on the more property focused players.Defaults by two NBFIs - Infrastructure Leasing & Financial Services Ltd (IL&FS) in September 2018 and Dewan Housing Finance Corporation Ltd (DHFL) in June 2019 - have contributed to the sector-wide liquidity squeeze, as investors have become more risk averse. Banks' low appetite for lending to real-estate developers is evidenced by the usually high risk weights attached to such loans. These are due to developers' typically low credit ratings amid high leverage, making exposure to the sector an inefficient use of banks' already-limited capital.Substantial bank recapitalisation to increase lending capacity could benefit NBFIs as well as real-estate developers, subject to the banks' risk appetite. Although a structural improvement in NBFI asset books would take time. Nonetheless, even under better conditions we expect NBFI's to tighten credit standards, with developers facing funding pressure until there is a broader improvement in their operations, with better end-user demand and pricing support.




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Kotak Mahindra Bank moratorium on credit card dues: What are the terms and conditions

If you have a credit card from Kotak Mahindra Bank, here are some of the details of its three-month moratorium facility.




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Common application form issued for PPF, NSC and other small savings schemes

It must be recalled that the finance ministry had revised rules and introduced separate forms for each small savings scheme via a notification in December 2019.




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How to use ICICI Bank's voice banking services on Amazon Alexa and Google Assistant

To get the benefit of the voice banking offering, customers need to download the Alexa / Google Assistant and link their ICICI Bank account through a secure two-factor authentication process.




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Yoga NaMa

Some western experts like Mark Singleton have even tried to trace the roots of this transformation back to India; to ‘muscular’ visionaries such as Swami Vivekananda




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What’s Karma?

The freer our consciousness is, the more freedom of choice we experience. Avery simple way to interpret karma is that it is a conditioned response




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Master of Memories

Dead souls are supposed to drink from this so as not to remember their past lives upon being reincarnated!




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Family finance: Kumars need to stagger some of their money goals till income increases

His goals include building an emergency corpus, saving for his children’s (including another child in future) education and weddings, and retirement.




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Family finance: Why Sharma will reach his financial goals with ease

Financial Planner Pankaaj Maalde suggests that Sharma build an emergency fund of Rs 5.1 lakh, which is equal to six months’ expenses, and a medical buffer of Rs 10 lakh for his mother. Here's what his financial goals include.




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Is Covid hurting your job? Find out how to manage your career and protect your finances

In India, the total number of jobs likely to be impacted is 136 million, as per the NSS.




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Weak currency makes Asia-Pacific cities cheaper for expats: Survey

In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year Mumbai was ranked 114th on the list.




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Why children of H-1B workers may now have to leave America

The United States Citizenship and Immigration Services receives about 1,00,000 green card applications from high-skilled applicants of Indian origin every year.




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Mahindra unveils online car buying platform

The company in its statement said that in 4 steps, a customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle.




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Sony cuts television prices up to 20% to spur demand during Covid-19

The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size.




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10-year benchmark bond yields fall 14 bps more this week to hit levels last seen in 2009

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.




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Donations to Shri Ram Janmabhoomi Teerth Kshetra eligible for exemption from income tax

In a notification issued Friday, the Central Board of Direct Taxes (CBDT) allowed tax exemption to donations under Section 80 G of the Income Tax Act, on the grounds that the structure would be a “place of historic importance and a place of public worship”.




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YES moratorium: Credit firms can retain ratings of borrowers who couldn’t pay in March

The non-state lender on its part is not reporting such customers to these institutions.




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Market Trends

Major shifts in the composition of the S&P 500 since the mid-1990s have led to a higher aggregate profit margin for the index.




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Managing innovation

Such animosity explains why most executives believe that any significant innovation initiative requires a team separate and isolated.




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Managing data sets

Global enterprises will be able to use big data sets to generate business hypotheses around innovation and new value creation.




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Managing Talent

Great managers know and value the unique abilities and even the eccentricities of their employees.




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On Smart Strategy

The smart, connected products — made possible by vast improvements in processing power and device miniaturisation and by the network benefits of ubiquitous wireless connectivity — have unleashed a new era of competition.




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Smarter Gadgets

Despite all the interest in eye-catching designs, cognitive science suggests most opportunities for the IoT will arise by creating useful offerings.




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Managing Tomorrow

“It is information,” he wrote, “that enables knowledge workers to do their job.” This is especially true for executives.




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Managing Complexity

Architectural capabilities are an important subset of dynamic capabilities that enable managers to see a complex technical system in an abstract way.




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"Change law that mandates 120 days' stay in India to qualify as NRIs"

A law requiring 120 days' stay in India to claim Non-Resident Indian (NRI) status needs to be changed, an association representing NRIs has demanded, citing economic disruptions due to the coronavirus pandemic.




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Canadian permanent residents stranded in India as special flights are only accommodating citizens

In official emails to permanent residents who have enquired about the availability of these flights, the high commission has indicated that at this point, the flights are available only to Canadian citizens and their immediate family members who are permanent residents and accompanying them on the flights.




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COVID-19: Many Indian-American doctors in frontline make ultimate sacrifice

Indian-American Dr Madhvi Aya, who contracted the coronavirus in the line of duty in New York, the country's COVID-19 epicentre, could only exchange text messages with her husband and daughter from her hospital bed before she lost the battle to the deadly virus.




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Indian-American lawyer Seema Nanda to step down as CEO of Democratic Party

Seema Nanda has announced her decision to step down as the CEO of the Democratic National Committee, the top administrative position in the main Opposition party, ahead of the presidential elections in November.




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Indian-American woman elected to American Academy of Arts and Sciences

Renu Khator, an Indian-American university chancellor, has been elected to the prestigious American Academy of Arts and Sciences for her contributions in the fields of education and academic leadership.




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How to use Value at Risk tool to manage a stock’s downside risk

The unabated volatility is intensifying downside risks in investments. Under these conditions, it is worth looking at statistics that can predict the potential loss a stock or a portfolio can suffer.




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I am a new investor. Where should I invest right now to reap maximum benefits?

The current slump in the stock market presents an opportunity to accumulate more mutual fund units.




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Best risk-protection tools for investors in a bear market

Knowing and following the fundamentals takes much of the risk out of investing.




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What makes buying life insurance online click?

From buying mobile phones to placing orders for grocery items Indians are getting hooked on online shopping in a big way.




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Can you invest like a marathoner?

Olympic Games typically end with the marathon run. It is considered to be a very important event that tests the resolve of the athletes.