This Week I Learned - Week #218

This Week I Learned -

Azure Resource RateCard API gets price and metadata information for resources used in an Azure subscription

* While AWS is an absolute killer in Infrastructure as a Service (IaaS), its Platform as a Service (PaaS) business is in its early stages, and it doesn’t play in the cloud-applications (SaaS) space. Microsoft has become a powerhouse in all three layers - Forbes

ASP.NET Core and .NET Core lend themselves perfectly to cross platform development, and the use of Linux based Docker containers makes sharing the back end components with our front end team a breeze.

Docker for Windows supports both Linux Containers and Windows Containers. Docker for Windows requires 64bit Windows 10 Pro and Microsoft Hyper-V.

Image2Docker maintained by Docker, helps migrate (.NET Framework apps running in) VMs to Containers. 

Microsoft 2017 Partner of the Year Awards are announced. Cognizant Technology Solutions is the Data Platform Partner of the Year

* You can share your real-time location & expected time of arrival (ETA) with others over Google Maps whether or not they have a Google Account.

* Wipro earned 52% of its IT services revenue from the Americas including the US.

Petrichor is the earthy scent produced when rain falls on dry soil. 

* Goods and Services Tax (GST) is one unified indirect tax on the supply of goods and services, right from the manufacturer to the consumer. It will consolidate a wide gamut of indirect taxes like VAT, Service Tax, Central Excise, Octroi or Entry Tax into one unified tax. The tax will be levied simultaneously by the State and Centre across the value chain.  Until now, every new business needed to knock on the multiple doors of the Sales Tax department for their VAT registration. Businesses operating in multiple states have to persevere their way through a host of different procedures, guidelines and fee structures. However, with the uniformity that the consolidated GST is set to bring in the economy, aspiring entrepreneurs will find it easier to not only start their business, but also grow it across different cities and states. With GST streamlining the tax system, India will become one seamless consolidated market. This will provide the much needed impetus to the ‘Make in India’ initiative in remote cities, and these cities will see an upsurge in the manufacturing startups, integrating Bharat with India. The roll out of GST will see a nation-wide need for a digital solution to manage the books of accounts, as calculating GST manually will be a challenging and time consuming task and might lead to errors. With the micro and small enterprises obligated to deploy technology to enable computation of GST and to imbibe the GST policy overhauls, it will give an incremental boost to the Digital India campaign. The investment in technology will lead to process-level efficiencies, cost reductions and increased growth prospects - Economic Times

Kamal Haasan has taken offence at the GST proposal to charge cinema the same tax rate as ‘sinful’ items like alcohol and tobacco products - 28%, the highest and to club Bollywood movies, which have a budget of crores of rupees, and regional cinema, often produced on shoestring budget, in the same tax slab

* Five banks have reported gross NPA ratios of over 15 per cent. Indian Overseas Bank’s (IOB) gross NPA ratio reads 22.42 per cent, which means Rs 22.42 out of Rs 100 lent by the bank will be classified as bad loan - Financial Express

* With more than 1,200 schemes worth Rs19.26 trillion spread across around 45 firms, the Indian mutual funds industry offers more than 400 equity funds, around 300 debt schemes and around 426 hybrid schemes. This does not include 883 fixed maturity plans and between a dozen and three dozen schemes each for international funds, sector funds and arbitrage funds - Mint

* "Ignorance is my super-power" - Scott Hanselman (jokingly)

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