Do homework when buying tablet for kids

 Do homework when buying tablet for kid
Tablet computers are expected to top many kids' holiday lists, but parents need to do their homework first.

Kids' tablets range from educational toys that perform more like hand-hand gaming devices to Android tablets good for whole family.

If you're shopping for someone else's child, keep in mind that some parents and experts oppose children using tablets entirely, and many believe that screen time should be limited.

TOY TABLETS
These products are made for young children and feature educational games and e-books. They're more toy than tablet.

They're encased in heavy-duty plastic, making them durable, but also heavy and clunky. Although some are Wi-Fi capable, they don't provide full access to the Internet.

Their screen quality and processing speeds lag those of traditional tablets. At times, my 4-year-old daughter opted to walk away rather than wait for an app to load.

- LeapFrog's LeapPad Ultra, $150, designed for kids ages 4 to 9:
I can set up profiles for different children. Many games adjust their level of difficulty based on the child's age. As a result, my 4-year-old daughter and my colleague's 9-year-old daughter can share the device.

But apps can be pricey - $5 to $25 each for downloads, or $18 to $25 for cartridge versions. Apps for both formats include interactive storybooks, e-books, music, videos and games.

Although most apps have some educational aspect, many include characters tied to popular TV and movie characters. Children can look at a variety of pre-screened content online, but can't search for specific topics, as they would for homework.

- Vtech's InnoTab 3S, $70, designed for kids ages 3 to 9:
At less than half the price of the LeapPad, the InnoTab may be more enticing for parents worried about spending so much for a tablet they can't use themselves.

The InnoTab has a much smaller screen, but weighs less and might be easier for little kids to handle.

Its apps are similar to those of the LeapPad, with all of the familiar cartoon characters. They're priced at $3 to $24, though about half of them cost $3.

Kids can view certain age-appropriate websites. Unlike the LeapPad, the InnoTab lets kids trade text messages with parents and other approved adults. For $15 a year, they can also exchange voice and photo messages.

-FAMILY ANDROIDS
These tablets attempt to combine the functionality of a traditional tablet with the ease and safety of a toy version. Once your child's time is up, you can use the tablet to watch a movie or check Facebook. And as your children grow, you can let them do more so the device won't gather dust.

Their processor speeds, cameras and displays are generally better than those of toy tablets, though most are nothing extraordinary compared with traditional tablets.

- Samsung Galaxy Tab 3 7.0 Kids, $230, designed for kids ages 3 and up:
The kids' version of the Galaxy Tab 3 has yellow trim and comes with either a blue hard plastic or an orange, rubbery protective case.

Adults with a passcode get a typical Android tablet with the usual apps.

A kid-friendly mode blocks most of that out. The home screen features bright colors and smiling animals. It's easy for kids to scroll through the offerings, which include a handful of free games, a Nook e-book reader, video and still cameras and a kids' app store. Kids can use apps their parents add, but are blocked out of Web browsers and social media.

My main complaint: You can't set up individual profiles for multiple kids.

- Kurio 7S, $150, designed for ages 3 and up:

The Kurio also has separate modes for kids and adults. It comes with e-books, popular games such as "Angry Birds Space" and educational apps designed to teach reading and math. Games featuring popular cartoon characters are there, too.

Additional apps start at $1. The Kurio store has only kids-friendly content, organized by age group. Kids can shop on their own if you put a few dollars in their virtual piggy banks.

The tablet's layout isn't great, however, and younger children may have trouble with the small icons.

You can create profiles for up to eight children. It has a Web browser that tries to filter out potentially unsafe content, including social media. This approach may inadvertently let in some questionable content, but it's also better at letting in more useful content than a pre-screening approach.

The tablet's good for parents who want to give their kids more freedom online.

- Vinci MV 7" Android 4.1 Tablet, $200, designed for kids 3 and up:
This tablet lacks the flash of the others. You don't get separate modes for kids and adults. You can't block out Web browsers or social media. It's something for parents and kids to use together, rather than something to hand a child and walk away.

What makes this for kids is Vinci's app library. The company sells a wide variety of educational software. Some apps are free, while others cost less than $10.

Although the apps might not be the flashiest, they're strictly educational. And it's the only one I tested capable of connecting to cellular networks - useful on long car trips. You'll need a data plan.

- Kindle Fire, starts at $139, with FreeTime geared to ages 3 to 8:
Although not specifically geared toward kids, the Kindle Fire still has a lot to offer.

Amazon.com Inc.'s FreeTime feature creates a separate mode for kids and limits them to just the content you want them to see. You also can set up multiple profiles, so each child can manage his or her own app library. The feature is free to use.

Starting at $3 a month, Kindle FreeTime Unlimited lets kids download as many age-appropriate e-books, games and apps as they want. Although content may lean heavily toward cartoon characters and sometimes lack educational value, the variety is sure to please many children.

Indian economic recovery on the ropes

 Indian economic recovery on the ropes
It could be a big setback for policymakers in the country. The index of industrial production (IIP) contracted 1.8 per cent in October, dragged down by a sharp 3.5 per cent drop in mining and a 2 per cent fall in manufacturing. The electricity sector, however, saw a marginal 1.3 per cent increase over the same month last year. Industrial production grew by 8.4 per cent in October last year.

Consumer goods, a barometer of industrial growth , dropped 5.1 per cent while consumer durables too registered a significant fall of 12 per cent. Among other sectors that saw huge falls were office, accounting and computing machinery, which dropped 27.2 per cent, and furniture manufacturing, which slumped 28.9 per cent.

IIP data forecasts varied. Karvy Stock Broking, for instance, had expected a much sharper 3.7 per cent drop.

The IIP slide coincided with an 11.24 per cent rise in the consumer price index (CPI) in November, fuelled by a massive 14.72 per cent rise in food inflation and a 7 per cent increase in fuel and light. CPI stood at 10.17 per cent last month. Inflation was up throughout the country, except Lashwadeep.

The drop in IIP was unexpected at a time when the economy is showing signs of revival. Gross domestic product numbers released end-November indicated some recovery. In the second quarter of 2013/14, GDP surged 4.8 per cent, 40 basis points higher than the first quarter numbers of 4.4 per cent.

Shubhada Rao, Chief Economist at Yes Bank, says it is difficult for the central bank to ignore the inflation numbers. "We have built in a probability of a rate hike in December review," she says, adding that all eyes are now set on the WPI (wholesale price index) numbers set to be released next week. 

'Economy's long-term structural story to drive markets higher'

 Economy's long-term structural story to drive markets higher
The BSE Sensex surged to a record high as investors cheered the assembly election results. Clearly, the prospect of a Bharatiya Janata Party-led government at the Centre after the general elections in 2014 enthused the market. Business Today's Mahesh Nayak spoke to S. Naren, CIO, Equity and Fixed Income at ICICI Prudential Mutual Fund, on the outlook for the Indian stock market. Edited excerpts from the interview.

Q. Why is the market exuberant?
A.The market is reflecting its optimism of getting a pro-growth, anti-inflationary government post elections.

Q. As a fund manager and an investor, what would be your strategy in the current market and why?
A. Our belief is that the cyclical sectors are likely to rally in the next three years when industrial production goes up. While we are not clear on the quarter or the month in which industrial production may go up, this appears to be imminent. Thus, fully valued sectors like consumer goods (FMCG) and possibly technology and pharmaceutical are likely to underperform without possibly giving negative returns. However, we believe that over the next year volatility is going to continue due to the combination of tapering (of QE3 by the US Federal Reserve) and political risks impacting the economy. Keeping this in mind, it is important to equip oneself to use volatility advantageously.

Q. Sentiments and liquidity are the only two factors that drive markets. Do you see both continuing to keep the Indian market inching higher and why?
A. Domestic investors are extremely underinvested in equity while FIIs have been investing in the Indian markets on a sustained basis. However, with the forthcoming Fed tapering, there is a high possibility of FII funds moving out, which will lead to markets becoming volatile. However, India is a long-term structural story which will continue to drive the markets higher.

Q. Markets usually run ahead of reality, so are we still 12-18 months behind actual growth coming back into India?
A. Markets usually discount the immediate future developments whether it is upwards or downwards. While upward swings have been well documented, downward swings have also taken place. For instance, Indian equity markets started to correct from October 2010 to November 2010, which was ahead of the GDP growth data being published. Clearly, markets can be ahead of reality on both the sides.

Q. What would be the impact of a revival in the developed markets on the Indian market? Are the recent signs of revival in the developed markets a cause of concern for India and emerging markets and why?
A. There is no cause for concern about developed markets reviving. On the contrary, it will be a positive situation for Indian exports and IT and will only facilitate further growth of our economy.

Q. Rural consumption and exports were the only drivers of India's growth. Do you see these two cylinders continuing to fire? Will we have to wait for the general elections for the other two cylinders, investment and government initiatives, to fire?
A. Exports have so far not been a big driver due to low growth in the developed markets. As stated earlier, developed markets improving at this point will support our exports. Rural consumption has been good. The impact of a good monsoon is also likely to help us. However, we have to remember that rural consumption can also slow down because the benefits they have received due to high food prices will be curtailed with government measures to contain prices.

Policy paralysis has been one of the setbacks. This has resulted in slowing down of reforms and investments. A pro-reform and progressive government in power post elections will help reverse this situation. However, a situation where we have a government which is non-growth oriented will be negative.

Tata Teleservices stock rises on fund infusion reports

 Tata Teleservices stock rises on funds infusion reports
Mumbai-based Tata Teleservices' stock on Thursday rose about 9 per cent amid reports that its parent Tata Group has decided to infuse Rs 4,000 crore into the company.  At 2: 09 pm, the telecom firm's stock was trading at Rs 7.45 , a rise of 8.60 per cent above its previous close.  The Sensex was trading at 158 points lower at 21013 points, the third day of losses after the election result-based 400 points rally on Monday.

NSEL defaults for 17th time; pays Rs 9 cr against Rs 174.72 cr

NSEL defaults again; pays Rs 9 cr against Rs 174.72 cr

Crisis-ridden bourse National Spot Exchange Ltd (NSEL) on Tuesday paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time.

With Tuesday's pay-out, NSEL has so far settled about Rs 253 crore against about Rs 5,600 crore dues to 13,000 investors.

NSEL, which is engulfed in a payment crisis, had previously defaulted for 16 times. On its seventh pay-out date and thirteenth pay-out date, the spot commodity bourse was unable to make any payment.

"The total amount being disbursed today is around Rs 9 crore," an NSEL spokesperson said.

Topworth Steels and Power has made a payment of about Rs 9 crore to the exchange, while 23 of other investors have defaulted, he added.

The bourse has sought commodity market regulator Forward Markets Comission's (FMC) approval for disbursement of Rs 11 crore in the escrow account received from defaulting member Mohan India last week.

NSEL had availed a bridge loan of Rs 177.23 crore from its promoter Financial Technologies (FTIL) to make payments on priority basis to small investors. NSEL, promoted by Jignesh Shah-led FTIL, is facing the problem of settling dues to 148 members after it suspended trade on July 31 following a government order.

NSEL's decision to suspend trading followed a Consumer Affairs Ministry directive asking the bourse not to launch any new contracts till further order as it found violations of government norms in trading at NSEL.

The bourse had earlier said it plans to settle all the dues in 30 weeks time, by paying Rs 174.72 crore for first 20 weeks followed by Rs 86.02 crore in next 10 weeks.