Thursday, September 28, 2017

Latest Offers, News, Current Affairs

Latest Offers, News, Current Affairs


Polity 10 minute Mock Test 2 Based on Previous Year IAS Prelims Questions

Posted: 28 Sep 2017 02:20 AM PDT





Click Here To Attempt Test 





We have launched Prelims 2018 Online Test Series , there will be 50 tests based on previous year questions
In total 180 tests which includes 2 years current , NCERT based Tests etc


Click Here For More Info : http://imojo.in/Prelims_2018_TestSeries

Source: XM

Your guide to the best midcap equity MFs to invest in 2017 and how to play them

Posted: 28 Sep 2017 02:19 AM PDT

Most new mutual fund investors are always looking for high returns. In simple terms, it means they are looking for the best midcap or smallcap schemes to invest. In fact, we get many queries on our Facebook page, asking for the best madcap schemes to invest.We are all for investing for higher returns, provided investors take time to understand the issues involved. To begin with, investors should know that midcap schemes invest in mid-sized companies that have the potential to become large companies or leaders in their own field. However, it always need not play out like expected. Many mid-sized companies may not realise their full potential. If it happens, the market severely punishes these companies. That means if the fund manager gets the call wrong, you stand to lose a lot of money in midcap schemes.Sure, they also have the potential to offer extra returns to compensate for the higher risk you are taking. For example, some midcap schemes offered around 22.21 per cent and 12.46 per cent returns in the five- and 10-year periods respectively.So, the big question: how do you play the midcap theme. One, give it a lot of time. Ideally, you should invest in a midcap scheme only if you have an investment horizon of at least seven to 10 years. Find a good scheme which has been around for a while and has a record for consistency if you don’t want much volatility. Don’t lose the nerve and stay invested even when things look very bleak. Rest assured: you would get pocket impressive returns at the end of your investment horizon.To make your investment easy, we have handpicked three midcap schemes for you. 60866695 Invest in these midcap mutual fund schemes to achieve your long-term financial goals that are seven to 10 years away.If you are curious about how we picked these schemes, here is our methodology.ET.com Mutual Funds has employed the following parameters for shortlisting the mutual fund schemes. 1. Mean rolling returns: rolled daily for the last three years.2. Consistency in the last three years: The three-year period is divided into smaller time periods each with a progressing weighting. 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this. X = Returns below zero Y = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of Z 4. Outperformance: It is measured by Jensen’s Alpha for the last three years. Jensen’s Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market.Average returns generated by the MF Scheme – [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index – Risk Free Rate} 5. Asset size: For equity diversified funds, the threshold asset size is Rs 100 crore, and Rs 50 crore for balanced funds.We have also conducted a back testing of our model portfolios. These returns are forward returns from the base date.(Disclaimer: past performance is no guarantee for future performance.)
Source: ET

 Schneider Electric announces new global family week policy

Posted: 28 Sep 2017 02:19 AM PDT

Schneider Electric has announced a new global family leave policy all its employees worldwide by providing paid personal time. The policy includes 12 weeks for the primary parent (both natural birth and adoption), 2 weeks for the secondary parent (both natural birth and adoption), 1 week for care for an immediate family member that either needs elder care or care for a serious health condition and a week of bereavement leave for a death of an immediate family member. In formulating the policy, Schneider Electric has actively chosen to define "leave" and "family" in an inclusive way, recognizing that definition of family, life and work are changing every day. A statement shared by the company states that the policy includes key life stages for welcoming a new baby, taking care of sick or elderly family members, and mourning the loss of a family member. "Diversity and inclusion is an integral part of who we are and what differentiates us. That is how we drive innovation, engagement and high performance." said Olivier Blum, Chief Human Resources Officer and Executive Vice President at Schneider Electric. "I feel proud to be an industry leader to establish the global family leave policy. It will reinforce our diversity and inclusion ambition of providing equal opportunities to everyone, everywhere and ensuring that all employees feel uniquely valued and safe to contribute their best." The policy will be deployed gradually, with over 40 countries including US, Mexico, China and India, implementing by January 2018, and 100% global deployment by January 2019. If a country's legal requirement or current practice is more than the minimum standards, the higher standards will be followed. Eligibility within a country may vary based on local laws as well as current eligibility for the Schneider Electric benefits, according to the company statement.
Source: ET

Ruchi Soya is exclusive distributor of Patanjali’s edible oils

Posted: 28 Sep 2017 02:07 AM PDT

Ruchi Soya Industries Limited, one of the leading agriculture and food FMCG company with a turnover of $3 billion, on Friday signed an MOU with Patanjali Ayurved Ltd for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oils in large packs.

According to the MOU, Ruchi Soya would use its own extensive distribution network to sell the complete range of Patanjali edible oils in large packs across all regions of India.

Commenting on the exclusive arrangement, Ruchi Soya Industries Ltd Managing Director & CEO Dinesh Shahra said the company welcomes this expansion of its relationship with Patanjali Ayurved.

“The MOU for exclusive distribution of large packs with Patanjali Ayurved is a testimony to the intrinsic strength of our distribution network and success of the manufacturing and packaging arrangement between the organisations. Not only will Ruchi Soya’s widespread distribution network ensure availability and sales of Patanjali’s large packs range; this agreement will further lead to better utilisation of Ruchi’s manufacturing capacity and significantly contribute to cost-efficient operations and augment profitability,” said Shahra.

Besides owning more than 10 lakh outlets across 4000 towns in general trade, Ruchi Soya also has its extensive coverage of modern trade outlets, institutions and the Horeca (Hotel/Restaurant/Catering) segment.

According to Yoga Guru Baba Ramdev promoted Patanjali Ayurved Ltd sources, the company is eyeing sales of Rs 20,000 cr by 2020 from its edible oils range of which large packs will constitute a substantial portion.

Ruchi Soya Industries Limited is number one position in soy foods category in India. It also one of the largest players in the cooking oils segment of the country. Its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Gold and Ruchi Star.

The BSE listed company reported a net loss of Rs 286.24 crore in Q1 June 2017 as against net profit of Rs 1.03 crore in Q1 June 2016. Net sales declined 34.1% to Rs 3261.21 crore in Q1 June 2017 over Q1 June 2016.

Ruchi Soya was recently in the news as one among the 30-40 defaulters in the second list the RBI sent to banks, asking them to conclude a debt resolution process by December 13 this year.

The companys board recently set up a committee to explore business restructuring options. Analysts view the move will help the companys individual business verticals can look for investors and business partnerships.

“Th move will help the company to overcome the hurdles developed over a period of time due to macroeconomic conditions. As per the companys annual report, Ruchi Soya’s total borrowings stood at Rs12,232.22 crore for FY16-17,” says the analyst.

Source: DH

Airforce trainer aircraft crashes near Hyderabad, flight cadet safe

Posted: 28 Sep 2017 02:00 AM PDT

A trainer aircraft (Kiran) from Hakimpet Air Force Station crashed in Keesara village about 80 km from here on Thursday around 11:45 pm.

According to a defence release, the Kiran aircraft which got airborne from Hakimpet for a routine training mission with a trainee Flight cadet crashed. The pilot is safe. A CoIonel level officer will be ascertaining the cause of the crash.

Keesara police inspector M Surender Gouda, the crash occurred near a stone crusher site. Sources said a major mishap was averted as about 30 labourers were working at the crusher when the mishap took place.

The aircraft started from Hakeempet airbase around 11.30 and crashed within ten minutes after reportedly developing a technical snag. It caught flames and completely burnt.

Flames are brought under control. Within five minutes of the crash, police and the fire tenders reached the spot. Air Force officials have taken control of the crash site

Source: DH

Ruchi Soya is exclusive distributor of Patanjali’s edible oils

Posted: 28 Sep 2017 02:00 AM PDT

Ruchi Soya Industries Limited, one of the leading agriculture and food FMCG company with a turnover of $3 billion, on Friday signed an MOU with Patanjali Ayurved Ltd for an exclusive sales and distribution arrangement for the entire range of Patanjali edible oils in large packs.

According to the MOU, Ruchi Soya would use its own extensive distribution network to sell the complete range of Patanjali edible oils in large packs across all regions of India.

Commenting on the exclusive arrangement, Ruchi Soya Industries Ltd Managing Director & CEO Dinesh Shahra said the company welcomes this expansion of its relationship with Patanjali Ayurved.

“The MOU for exclusive distribution of large packs with Patanjali Ayurved is a testimony to the intrinsic strength of our distribution network and success of the manufacturing and packaging arrangement between the organisations. Not only will Ruchi Soya’s widespread distribution network ensure availability and sales of Patanjali’s large packs range; this agreement will further lead to better utilisation of Ruchi’s manufacturing capacity and significantly contribute to cost-efficient operations and augment profitability,” said Shahra.

Besides owning more than 10 lakh outlets across 4000 towns in general trade, Ruchi Soya also has its extensive coverage of modern trade outlets, institutions and the Horeca (Hotel/Restaurant/Catering) segment.

According to Yoga Guru Baba Ramdev promoted Patanjali Ayurved Ltd sources, the company is eyeing sales of Rs 20,000 cr by 2020 from its edible oils range of which large packs will constitute a substantial portion.

Ruchi Soya Industries Limited is number one position in soy foods category in India. It also one of the largest players in the cooking oils segment of the country. Its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Gold and Ruchi Star.

The BSE listed company reported a net loss of Rs 286.24 crore in Q1 June 2017 as against net profit of Rs 1.03 crore in Q1 June 2016. Net sales declined 34.1% to Rs 3261.21 crore in Q1 June 2017 over Q1 June 2016.

Ruchi Soya was recently in the news as one among the 30-40 defaulters in the second list the RBI sent to banks, asking them to conclude a debt resolution process by December 13 this year.

The companys board recently set up a committee to explore business restructuring options. Analysts view the move will help the companys individual business verticals can look for investors and business partnerships.

“Th move will help the company to overcome the hurdles developed over a period of time due to macroeconomic conditions. As per the companys annual report, Ruchi Soya’s total borrowings stood at Rs12,232.22 crore for FY16-17,” says the analyst.

Source: DH

Blizzard – Gaming giant is hiring for a mobile MMO RTS game

Posted: 28 Sep 2017 01:59 AM PDT

According to several job postings, it seems Blizzard is very, very busy working on several new games with the number of job listings going through the roof. According to various descriptions on its career page, we could identify the game genres for at least 3 of these “unannounced projects”. Included below are also the links […]
Source: MMOCU

#9: Sukkhi Gold Plated Multi Strand Necklace With Drop Earring For Women

Posted: 28 Sep 2017 01:57 AM PDT

Sukkhi Gold

Sukkhi Gold Plated Multi Strand Necklace With Drop Earring For Women
Sukkhi
(416)

Buy:   1,745.00   349.00
2 used & new from   349.00

(Visit the Bestsellers in Jewellery list for authoritative information on this product’s current rank.)

Via Amazon.in: Bestsellers in Jewellery

Warren Buffett just set his eyes on this world-beating market in India

Posted: 28 Sep 2017 01:49 AM PDT

By Bhuma Shrivastava General Re, a unit of Warren Buffett's Berkshire Hathaway Inc. which won a license to open an Indian office in May, is seeking a larger slice of the world's fastest-growing reinsurance market. The unit plans to expand in health and life insurance, as well as explore opportunities in property and casualty cover, said Venkatesh Chakravarty, chief executive officer of General Reinsurance AG India Branch. The plan is to help clients develop new products, distribution channels and enter newer market segments, he said in an interview. Gen Re's entry follows a rush among foreign reinsurers such as Munich Re, Swiss Re AG, London-based Lloyd's and SCOR SE after Asia's third-biggest economy opened the sector in 2015. The market is forecast to grow at an average annual growth rate of 9 per cent from 2017 to 2022, according to Reports Monitor. “Given the under-penetration of insurance, the growth momentum is expected to continue for both the insurance and reinsurance industry," Chakravarty said. “India is an important market for us, which is the reason for setting up a branch. We are here for the long haul." Building a business in India could help Gen Re's turnaround. A glut of capital in the global reinsurance industry in recent years has caused prices for some kinds of coverage to sag. Rather than take on policies at those lower rates, Gen Re has said it's turning away some business. By contrast, India's reinsurance market, grew at a compound annual rate of 26 per cent from 2012 to 2016, according to Reports Monitor, luring in global reinsurers. With competition heating up, Chakravarty emphasized that Gen Re would continue to prioritize profitability. “Gen Re isn't focused on growing the top line or the market share at any cost," said Chakravarty. Buffett's Lieutenant Buffett asked one of his top lieutenants, Ajit Jain, to oversee the reinsurer last year. Soon after, Jain wrote a lengthy memo to Gen Re's staff suggesting areas where they could streamline operations and change how it does business to be more competitive. The efforts are starting to show. In the first six months, premium revenue climbed 7 per cent to $2.97 billion, driven by gains at the property-casualty unit. Underwriting results, however, have been hurt by an increase in costs tied to natural disasters. Gen Re may benefit from Indian insurers flocking to list their shares if IPO proceeds are used to write more polices, Chakravarty said. First time listings in India are headed for a record year as insurers tap increasing investor demand for financial assets. ICICI Lombard General Insurance Co. raised 57 billion rupees ($877 million) on Sept. 21, while SBI Life Insurance Co. is looking to raise $1.3 billion. Deals are also in the offing from HDFC Standard Life Insurance Co. and state-run General Insurance Corp. of India.
Source: ET

After Yashwant Sinha’s rant, here’s what his son Jayant now says about economy

Posted: 28 Sep 2017 01:49 AM PDT

By Jayant Sinha Several articles have been written recently on the challenges facing the Indian economy. Unfortunately, these articles draw sweeping conclusions from a narrow set of facts, and quite simply miss the fundamental structural reforms that are transforming the economy. Moreover, one or two quarters of GDP growth and other macro data are quite inadequate to evaluate the long-term impact of the structural reforms underway. These structural reforms are not just desirable, they are necessary to create a 'New India' and provide good jobs for our billion-strong workforce. The new economy that is being created will be much more transparent, globally cost-competitive, and innovation driven. Importantly, the new economy will also be much more equitable thereby enabling all Indians to lead better lives. GST, demonetisation and digital payments are game-changing efforts to formalise India's economy. Transactions that were taking place outside of the tax net and in the informal sector are now being brought into the formal sector. In the long term, formalisation will mean (a) tax collections go up and more resources are available to the state; (b) friction in the economy is reduced and GDP goes up; and (c) citizens are able to establish credit more effectively as transaction records are digitised. Policy making across ministries has become thoroughly rules-based. Natural resources and licences are being allocated entirely through transparent auctions, eg for coal, spectrum and UDAN routes. The Bankruptcy Code will enable speedy resolution of stressed assets providing relief to NPAs in the banking sector. A streamlined, rules based FDI regime is inspiring confidence: FDI has accelerated from $36 billion in FY2014 to $60 billion in FY2017. Dismantling of Foreign Investment Promotion Board (FIPB) will make the economy even more open. The Jan Dhan-Aadhaar-Mobile (JAM) trinity is powering Direct Benefit Transfer (DBT) and dramatically reducing leakages. Rs 1.75 lakh crore of benefits have been transferred directly to beneficiaries over the last three years. JAM is weeding out many ghost and fake beneficiaries and cutting out middlemen. A massive infrastructure build-out is lowering costs across the board in the economy: a build-out clearly visible in railways, rural electrification, national highways, rural roads, housing and air connectivity. The National Investment and Infrastructure Fund has been established to provide long-term equity risk capital for the development of world-class commercial infrastructure projects in conjunction with other long-term global investors. A lower cost economy powers increased production and sustains growth. India is well on course to achieve 100% village electrification by 2018 with the number of villages remaining to be electrified having decreased to only 4,941 villages by 2017 from 18,452 in 2014. Rural roads are now being constructed at a record rate of 133km per day, almost double the rate of 69km per day in 2014. The number of affordable houses approved for construction increased from 13.8 crore in 2004-14 to over 17.7 crore in just three years of NDA government. There has been dramatic increase in air connectivity: 16 crore passengers flew in FY2017 compared to 10 crore passengers in FY2014. A significant contributor has been the affordable cost of long-distance air travel in the country estimated to be only Rs 5 per km, lower than auto-rickshaw fares. To sustain growth, India must become an innovation hub and one of the entrepreneurial engines of the global economy. Research has shown that it is entirely new industries (like IT/BPO, telecom and insurance in the early 2000s) that power job creation and faster economic growth. Fundamental reforms have been initiated to prioritise innovation, micro-entrepreneurship and startups. The Atal Innovation Mission is creating an entrepreneurship culture by building tinkering labs in over 1,000 schools, enabling new incubation centres and scaling established ones. A grant-in-aid of Rs 10 crore is being given to each Atal Innovation Centre to foster innovation. The Mudra programme and the India Aspiration Fund will catalyse thousands of crores of investment into startups and micro, small and medium enterprises (MSMEs) thus creating employment for crores. India is at the forefront of developing and setting standards for many new technologies such as in renewable energy, electrical vehicles and financial services. In aviation, we are creating a world-class drone policy to develop an entire ecosystem. StartUp India's success is visible on IIT campuses, which now have more than 400 new startups from student hostel room addresses. The necessary combination of the Bankruptcy Code and an Alternative Assets industry is now finally in place. Thus capital can be efficiently reallocated from unviable industries to new, fast-growing industries and the forces of creative destruction necessary for sustained economic growth are now working much better. In sum, the structural reforms unleashed by the Modi government since 2014 constitute the third generation of reforms since the first generation of reforms initiated in 1991 and the second generation in the 1999-2004 NDA government. Unlike the first and second generation of reforms, this third generation of reforms balances a better life for all Indians with the requirements of an advanced, sophisticated 21st century economy. Virtually every Indian will now have a basic safety net guaranteeing food, electricity, some employment, housing, a bank account, toilets, gas-based cooking, insurance coverage, micro-loans, and an all-weather road. In parallel small and large enterprises will be able to flourish in a transparent, rule-based environment that provides necessary facilities and financing. We are creating a robust new economy that will power long-term growth and job creation for 'New India'. DISCLAIMER : Views expressed above are the author’s own.
Source: ET

Tony Douglas appointed CEO of Etihad Aviation Group

Posted: 28 Sep 2017 01:49 AM PDT

Etihad today announced the appointment of Tony Douglas, as the chief executive officer of the Etihad Aviation Group, parent company of Abu Dhabi-based Etihad, which owns 24% in Jet Airways. "The Chairman of Etihad Aviation Group, His Excellency Mohamed Mubarak Fadhel Al Mazrouei, today confirmed the appointment of Tony Douglas as Group Chief Executive Officer, who will join the company in January 2018," the airline said in a statement. Douglas joins Etihad from the United Kingdom's Ministry of Defence, where he has served as CEO of the Defence Equipment and Support department, responsible for procuring and supporting all the equipment and services for the British Armed Forces. In the UK, he held senior positions with airport operator BAA, and as Chief Operating Officer and Group Chief Executive designate of Laing O'Rourke. His roles under airport operator BAA included Managing Director of the Heathrow Terminal 5 project, Group Supply Chain Director, Group Technical Director, and CEO of Heathrow Airport. Previously, Douglas held senior positions in the UAE, most notably as CEO of Abu Dhabi Airports Company and as CEO of Abu Dhabi Ports Company, where he was responsible for the successful delivery of Khalifa Port. As Group CEO, Douglas will work with the Board and leadership team to expand and implement a range of strategic initiatives to position Etihad for sustained success in an increasingly competitive regional and global aviation market. "Etihad is a force in global aviation that must continue to adapt and evolve on its own and with industry partners. It is an economic and employment engine for the UAE and the region. With new infrastructure and attractions like the expanded airport, Louvre Abu Dhabi, and Abu Dhabi Global Market, Etihad.
Source: ET

RIL outbids GAIL to buy all its own CBM gas

Posted: 28 Sep 2017 01:49 AM PDT

Reliance Industries has outbid rivals, including state-owned GAIL India, to buy the entire volume of natural gas from its own coal seam blocks until March 2021. In May, RIL had become the first buyer of gas it produced from its own coal bed methane (CBM) block in Madhya Pradesh after agreeing to pay the highest price of USD 4.23 per million British thermal unit (mmBtu) for May-June. In the following quarter, it paid an additional 6 per cent at USD 4.50 per mmBtu to take all of the CBM gas from Sohagpur East and Sohagpur West blocks. In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents. Piramal Glass was the second-highest bidder quoting USD 4.97 per mmBtu, followed by Gujarat State Petroleum Corporation (GPSC) putting in a bid of USD 4.9. GAIL bid for 1.5 mmscmd of gas at a price of USD 4.63 per mmBtu while its subsidiary GAIL Gas sought an equivalent quantity at USD 4.11 per mmBtu price, the bid document showed. RIL plans to use the gas at its petrochemical plants in Gujarat and Maharashtra, which run mostly on expensive imported fuel. Its petrochemical plants at Patalganga and Nagothane in Maharashtra and Vadodara and Jamnagar in Gujarat consumed an average of 4 mmscmd of gas during the last three months. RIL started commercial gas production from the CBM blocks in March and the planned output in October is 0.8 mmscmd, according to the bid document. Output would be ramped up to 2 mmscmd by March 2018 while the peak production of 3 mmscmd would touch in the third quarter of 2018. The rate of CBM gas is 150 per cent more than the government mandated USD 2.48 per mmBtu price of the conventional natural gas produced by firms such as ONGC and RIL from the eastern offshore KG-D6 block. The bidding formula in all the three bid rounds for CBM gas this year has been the same and the process has been conducted by Crisil Risk and Infrastructure Solutions, a unit of Crisil. This formula is almost similar to the one RIL had run in 2012 to discover a price for CBM gas. Back in 2012, it had sought bids for 3.5 mmscmd of coal gas at the benchmarked rate of 12.67 per cent of JCC, or Japan Customs-Cleared Crude, plus USD 0.26 per mmBtu. The formula was the same at which Petronet LNG, a joint venture of public oil companies, whose chairman is the oil secretary, used to buy long-term liquefied natural gas (LNG) from Qatar. At USD 100 per barrel oil price prevalent that year, CBM from RIL’s Madhya Pradesh block was to cost USD 12.93 per mmBtu. At USD 58 a barrel rate currently, it would have cost USD 7.3. That formula was, however, rejected by the ministry even though 59 valid bids seeking about 70 mmscmd of gas were received in the open tender. In the current price discovery, RIL sought bids in the form of a deductible from 12.67 per cent of prevailing Brent crude oil price plus USD 0.52 per mmBtu plus USD 0.26 per mmBtu, according to the bid document. RIL bid deducting USD 1.836 per mmBtu and Piramal Glass USD 3.156. GAIL quoted a deduction of USD 3.495. RIL has invested about USD 500 million in CBM and laying a 300-km pipeline from Sohagpur to Phulpur in Uttar Pradesh to connect to the national gas grid. Through an April 13 notification, the oil ministry had stated that a CBM producer had to call for open bids for sale of coal gas and seek quotes to discover the market price.
Source: ET

#10: Beneath a Scarlet Sky: A Novel

Posted: 28 Sep 2017 01:46 AM PDT

Beneath a Scarlet Sky

Beneath a Scarlet Sky: A Novel
Mark Sullivan
4.8 out of 5 stars(10830)

Buy new: $5.99

(Visit the Best Sellers in Kindle Store list for authoritative information on this product’s current rank.)

Via Amazon.com: Best Sellers in Kindle Store

Gene editing could make wheat safe for celiac sufferers

Posted: 28 Sep 2017 01:43 AM PDT

Celiac disease is thought to affect 1 in 100 people worldwide. Although doctors are still grappling with the causes of the autoimmune disorder, one thing is for sure: If you're diagnosed it with it, you should avoid gluten. But maintaining long-lasti…

Source: engadget

Dauntles Beginner Guide pt.2: I’m a New Slayer, and I Can’t Craft Potions

Posted: 28 Sep 2017 01:38 AM PDT


Don't fear my friend. I'm here.

As a second part of my guide I'd like to go into the how, when and what of gathering. And also a little about Behemoth slaying.  

So, you are slayer and you have been given borrowed weapons and armour. The basics of the basics. You've been taught where you can craft all of your equipment too (You are welcome) So What now?


Now, scrub, you get on a ship and go do your job.  To slay behemoths is an art which requires time and practice to master… with each one. But that's not your only job. Unfortunately, you'll also need some materials scattered across the islands which also have some tricks on their own.

You'll have to go gathering my friend.


For starters, not all islands are the same: as of now we have three kinds of ecosystems: Cold Forest or Tundra, Mild Forest and Savanna/Desert (Is kind of hard to give a definitive description of a floating island in an imaginary world, who would have thought).  And each of them can also be visited during the day or night.

And yeah. As you may have guessed, each variant means different resources. Some stay the same, but the uncommon and up usually don't. Unfortunately you can't choose which variant you want to visit because it is not currently implemented… which makes it even harder to recognize sometimes what you are looking for, as sometimes the resource changes shape. What's more, the material's name and utility also differs depending on the difficulty level you've reached.


In fact, one of the things I missed when I started playing was a little tutorial explaining what could be gathered and what not. There are so many different plants which are just a decoration… sometimes a very shiny flower would be just that: a flower.  Of course, by playing you also create a visual memory of them, but a little help for those who are just starting is always welcome right?

Hence, I made a little list of what can be collected, separated in five groups:

Flora. It is your primary source of potion materials, from health to utility potions such as stamina regeneration or resistances… and can be found in a variety of shapes, from fungus (which cannot be found in cold ecosystems. Correct me if I'm wrong) to flowers or plants.

Cold variants:
 

Plant for Healing potions overall.

This one, for utility potions.
 

Tempered variants, in the same order:
 

This one also has a shiny variant. I think it gives different rares.
 

Fungus, also for utility potions.

Desert Variants:

 

Fauna. For now there are only Goats. They always look the same (For now) yet they do award different materials.


Minerals. As with the goats, it doesn't matter the ecosystem: they always look the same, yet there are a gamma of colours and shapes. Some are easily recognizable, while others may escape your gaze if they are too far away. The key is to look out for walls of rock, and to not forget to check the elevations you jump down from. Finally, they all are a priority if you want to craft weapons, armour and even Lanterns.


Lava. In every island there is two of them at least: little volcanoes which can be gathered to obtain fluxes, and as said above, the materials extracted depend on the ecosystem and difficulty level.

Aether. To be perfectionist, I also wanted to mention it. Lorespeaking Behemoths are creatures who love to absorb Aether, the world's main energy source. Why does this matter? it matters because everytime you hunt one, the most usual (to not say always) thing is to find them near a fissure from which Aether steams out. These fissures can be collected to heal yourselve and also charge a part of your Lantern's battery, so to speak. Thus is really important sometimes to think tactically and collect it as efficiently as possible, as the times you can do so are limited and party shared.


Lastly and included in the group above, there are Aether wisp (Lorespeaking there is a debate in my head if to qualify this resource as Fauna or Aether) which are also necessary to craft a great variety of items, all of them of the supportive kind.


That's it guys! I hope you found this guide and the images useful. I'm planning on recording a video too in order to make the article easy on the eyes, but I'm having trouble finding time to do so. However I will do it, is a promise.

I'll follow up the guide with a third part, where I'll talk about one of the current weapons, its movements, its bugs and so on! Finally, if you enjoyed the read and want to know more about me and my work please don't hesitate on following me on Twitter: @DezartVanheart.

PEACE. 

Source: 2P

Bluehole Is Worth $4.6 Billion (Up Five-fold in 3 Months), Thanks to PUBG

Posted: 28 Sep 2017 01:33 AM PDT

Just a few months ago, Bluehole was just known as the TERA developer and it's not heard by most console gamers. But now the Korean company is expected to be worth $4.6 Billion after the blast of PlayerUnknown's Battlegrounds.
 
38 Communications, the site that tracks the unlisted Korean stocks, Bluehole's value is now around 5.2 trillion Korean won ($4.6 billion USD), which is a fivefold increase compared to that 3 months ago. The legendary journey of Bluehole and Brendan Greene, creator of PUBG isn't over yet. Later this year, the game will head to Xbox One and it's likely to go to PS4 sometime in the future.
 
Source: Bloomberg
Related: Bluehole Called Fortnite's Battle Royale Mode a Replica of PUBG

Source: 2P

Pearl Abyss – Founder rewards all employees with new mobile devices

Posted: 28 Sep 2017 01:29 AM PDT

Following the recent stock listing on KOSDAQ following the success of Black Desert in several regions, developer Pearl Abyss is on a roll. It was recently reported that founder and chairman Kim Dae-il (below) has decided to reward all 307 employees, including contract workers, interns, Nettention staff, and everyone at its Taiwan branch with the […]
Source: MMOCU

Posted: 28 Sep 2017 01:28 AM PDT

Source: engadget

Posted: 28 Sep 2017 01:28 AM PDT

Source: engadget

Posted: 28 Sep 2017 01:28 AM PDT

Source: engadget

#10: Disney Pin – Tangled – Happy Pascal

Posted: 28 Sep 2017 01:09 AM PDT

Disney Pin

Disney Pin – Tangled – Happy Pascal

Buy new: $15.95

(Visit the Best Sellers in Entertainment Collectibles list for authoritative information on this product’s current rank.)

Via Amazon.com: Best Sellers in Entertainment Collectibles

Amazon’s Echo Show is now available to pre-order in the UK

Posted: 28 Sep 2017 12:58 AM PDT

Thanks to a surprise event at Amazon's Seattle HQ yesterday, we got to see a whole host of new Alexa-powered devices. We played with the redesigned Echo, the all-new Echo Plus with smart hub, the cute Echo Spot and an overhauled Fire TV, giving consu…

Source: engadget

India woefully under-prepared to protect data, users’ rights on Internet

Posted: 28 Sep 2017 12:49 AM PDT

NEW DELHI: As governments the world over realise the urgent need to tame the anarchic world of the Internet — dominated by a couple of tech giants — and begin to write new rules pertaining to users’ rights, data privacy and spread of false news and extremist content, India too must shun archaic regulations and implement New-Age cyber laws. The debate is now growing about exercising some form of control over the web when billions are communicating daily over social media platforms, smartphone use is on the rise and data consumption is breaking all previous records. Look at how the Unites States has brought Facebook under intense scrutiny over Russian ads on its platform during the 2016 US presidential election, or how the European Union in June slapped a record $2.7 billion fine on Google after it found that it “abused its market dominance as a search engine by promoting its own comparison shopping service in its search results, and demoting those of competitors”. Speaking at the United Nations last week, British Prime Minister Theresa May said technology companies must go “further and faster” in removing extremist content from their platforms. In the meanwhile, there is widespread criticism across the world, including in India, over sharing of user data between WhatsApp and its parent company Facebook. Like the Western world, the time is ripe for India to wake up from its slumber in terms of cyber regulation and come up with appropriate strategies to tighten its cyber policies vis-a-vis the Internet, say experts, adding that the existing cyber law is not adequate to deal with current realities. “India does not have any detailed legislation on data privacy on Internet/social media platforms. India also does not have a data protection law. The Information Technology Act, 2000, which got amended only in 2008, is neither a data privacy law nor a data protection law,” Pavan Duggal, the nation’s leading cyber law expert, told IANS. According to him, Indians are slowly beginning to discover that they have no effective remedy once they are targeted in the anarchic system on Internet, including social media platforms. Data intermediaries and data repositories need to be made responsible for ensuring data privacy of their customers, stressed Duggal, also a Supreme Court advocate. “India can come up with dedicated new legislation on data protection as well as data privacy. The Supreme Court has already expressed the hope in the landmark judgment of Justice K.S. Puttaswami vs Union of India that the Government would take into account the fundamental principles concerning privacy which have been laid down by the Supreme Court and enshrine them in new provisions of law,” Duggal informed. According to The New York Times, in the last five years, more than 50 countries have passed laws to gain greater control over how their people use Internet. “India is woefully under-prepared to address issues of data protection and cyber-security. We need a data protection law that protects citizens from misuse of data by the government and companies with strict liability and extremely high statutory damages that must be awarded within a strict period of time,” noted Mishi Choudhary, President and Legal Director of New Delhi-based Software Freedom Law Centre (SFLC.in), a non-profit setup. “In addition, we need a citizen’s privacy charter against surveillance. But overall, we need simplicity in communications in terms of use, law and not an overload of legal jargon and over-regulation,” Choudhary told IANS. According to Duggal, it appears that governments at times do tend to get intimidated by Internet giants. “However, every country provides a fertile market for big Internet players and, hence, the country can rely upon its intrinsic strengths to regulate the big ones. Just because an Internet player is a big player, that does not mean that the said player is not amenable to regulation,” Duggal emphasised. With a nearly 1.3 billion population — and most of it now connected — India represents a huge market for web players who can’t afford to ignore its potential. “If big Internet players want to have access to the India market, they have to comply with Indian regulations,” Duggal added. With a growing chorus for digital India and realising a billion dreams, a new legal cyber framework should be the first and foremost step by the government. “The onus is now on the government. It will be interesting to see what approaches the government would want to adopt in this case,” the experts noted. (Nishant Arora can be contacted at nishant.a@ians.in)
Source: ET

India set to leapfrog learning stages towards digital transformation: Piyush Goyal

Posted: 28 Sep 2017 12:34 AM PDT

With the kind of technology, talent and innovation which are currently available in the country, India will leapfrog the learning stages the developed countries have to go through towards realising their digital goals, Railway Minister Piyush Goyal said here on Thursday.Addressing the gathering on the second day of the ‘India Mobile Congress (IMC) 2017’ here, Goyal said: “We have to expand the level of technology for growth. The telecom industry and Railways are helping India expanding it to benefit the masses”.”Connectivity is the key to growth and development as we bring mobility to the people across the country to bring a comfortable experience,” Goyal added. Similarly, the experience of using mobile phones will take us to the next level of engagement, he added. The three-day event that started on Wednesday is the first of its kind in India. Led by the Department of Telecommunication as the nodal ministry, the India Mobile Congress has been organised by the Cellular Operators Association of India (COAI) It has housed 300 exhibitors along with 60 start-ups and eight embassies as participants.
Source: ET

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