Thursday 30 June 2016

New Delhi: Formation of the Monetary Policy Committee entrusted with the task of deciding interest rates is at an advanced stage and the government will soon appoint members of the high-level panel. "The appointment process is at a very advanced stage. There are no roadblocks left. Members can be announced in the next month as candidates have been short-listed," sources said. The six-member Committee will

New Delhi : The World Bank in its report has asked India to continue its domestic reforms agenda and encourage investments to realise its full potential and to sustain 7.6 per cent growth rate in coming years. The bank in its report ‘India Development Update’, a biannual analysis of the Indian economy, has said implementing the Goods and Services Tax (GST) can transform India into a common market and

Government is taking steps to provide food items especially pulses and sugar at cheaper rates. For the first time in the country, it has been decided to create a buffer stock for pulses on the lines of wheat and rice. The buffer stock limit of 1.5 lakh tonnes has now been raised to 8 lakh tonnes. In addition to this, a bonus over and above the MSP on pulses has been announced, which will enable farmers to go for maximum sowing of

Inland Waterways Authority of India (IWAI) and India Ports Global Private Limited (IPGPL) on 1 June 2016 signed a Memorandum of Understanding (MoU) on the Kaladan Multimodal Transit Transport Project. The MoU has been signed for implementation of the following three additional works, which are independent of the on-going works and are estimated to cost 476 crore rupees. They are  Container

New Delhi, Jun 21 : India is the fourth largest recipient of FDI in developing Asia and tenth largest in the World, according to the World Investment Report (WIR) of UNCTAD released here today. It is because of the rising FDI in India, total inflows to South Asia increased by about 22 per cent to 50 billion dollar, surpassing FDI into West Asia. ”India became the fourth largest recipient of FDI in Developing Asia and

Mumbai, Jun 20: Industry body the Federation of Indian Chambers of Commerce and Industry (FICCI) today welcomed the government’s decision to allow 49 per cent foreign direct investment (FDI) in private security industry under the automatic route, saying it will add to the ease of doing business singificantly and is expected to expedite the investment process in the sector substantially. Conmmenting on the decision, FICCI

The monsoon’s arrival on Sunday could not have been more sweetly timed for the Hyderabad Sailing Week (HSW). By the time the annual regatta gets under way, a week from now, the winds would have settled, making conditions conducive for some stiff competition. “HSW-2016 will be an important milestone, because for the first time, we will be organising a multi-class championship,” said Lt. Gen. Gurmukh Singh,

The 22nd Asian athletics championship will be held in India after a gap of four years. The Birsa Munda Stadium at Ranchi will host the event from July 1 to 4, 2017. Recently, the Athletics Federation of India (AFI) officials visited the venue before finalising it. “There are minor repair works in the long jump take-off area, and they will be done shortly. We are using a venue which was used for shooting during the 2011

Commonwealth Games silver-medallist L Devendro Singh (49kg) stormed into the quarterfinal, while the experienced Manoj Kumar (64kg) entered the last-16 stage of the International Boxing Association's World Olympic Qualification tournament after notching up comprehensive victories in Baku (Azerbaijan). Fourth seed Devendro, who got an opening round bye, defeated Argentina's Leandro Blanc 3-0 in a lop-sided

Indian left-arm spinner Axar Patel jumped 20 places to career-best rank of 13 in the ICC Rankings for ODI bowlers while Jasprit Bumrah and Dhawal Kulkarni also made progress after conclusion of series against Zimbabwe. Patel, who took three wickets against Zimbabwe, is now just three places behind India’s highest-ranked bowler Ravichandran Ashwin. Paceman Bumrah, who with nine wickets was the most successful

BCCI President Anurag Thakur on Tuesday inaugurated the cricket board's first ever annual conclave at the Himachal Pradesh Cricket Association (HPCA) stadium here. "Proud to announce the first ever BCCI conclave open! Annual BCCI cricket conclave begins in Dharamsala," Thakur said on Twitter. The conclave, from June 21-24, is the first ever the Board of Control for Cricket in India is holding. It is

Former India captain Anil Kumble and former cricketers Pravin Amre and Lalchand Rajput are among some of the applicants who will make presentations to the BCCI's three-member cricket advisory panel that will pick India's head coach. The presentations and interviews will be conducted in Kolkata from Tuesday. It is understood that Kumble and Amre will meet the panel, comprising Sachin Tendulkar, Sourav Ganguly and

The researchers described their findings in two studies published this month in the journals Science Advances and Nature Communications. Hydrogen fuel has long been touted as a clean alternative to gasoline. Automakers began offering hydrogen-powered cars to American consumers last year, but only a handful have sold, mainly because hydrogen refueling stations are few and far between."Millions of cars could be

Many efforts have been focused towards optoelectronic research in trying to create low cost photodetectors with high sensitivity, high quantum efficiency, high gain and fast photoresponse. This is of paramount importance especially in the short wave infrared which currently is addressed by very expensive III-V InGaAs photodetectors. The development of two main classes of photodetectors,

The researchers have capitalized on the largesse of an energy state in an optical field to make photons in their lasing system travel in a consistent mode, either clockwise or counterclockwise. Consistency in light propagation is important to get a reliably strong photonic signal and light pulse for all lasing systems and applications. Lasing alone is a multibillion-dollar industry with thousands of applications

Researchers from the Universities of Bristol and Exeter are one step closer to developing a new generation of low-cost, high-efficiency solar cells. The structure is one of the world's first examples of a tri-layer metasurface absorber using a carbon interlayer.The system, developed by Chenglong Wang a PhD student in Professor Martin Cryan's research group, uses amorphous carbon as an inter-layer

Earth's magnetosphere, the region of space dominated by Earth's magnetic field, protects our planet from the harsh battering of the solar wind. Like a protective shield, the magnetosphere absorbs and deflects plasma from the solar wind which originates from the Sun. When conditions are right, beautiful dancing auroral displays are generated. But when the solar wind is most violent, extreme

When we smoke cigarettes, dozens of genes important for immune defense are altered in the epithelial cells that line the respiratory tract. Several of these changes likely increase the risk of bacterial infections, viruses, and inflammation. Now, UNC School of Medicine scientists report that vaping electronic cigarettes alters those same genes and hundreds more that are important for immune defense

In a collaborative study by the University of Oklahoma, University of Chicago, University of California, Merced, and Uppsala University, researchers conduct the first ancient DNA investigation of the Himalayan arc, generating genomic data for eight individuals ranging in time from the earliest known human settlements to the establishment of the Tibetan Empire. The findings demonstrate that the

MIT researchers designed arrays of hair-like structures with a resolution of 50 microns - about the width of a human hair. Need hair? Just press print, say MIT scientists who developed a new way to 3D print thousands of hair-like structures within minutes on various surfaces, which can perform useful tasks such as sensing and adhesion. Instead of using conventional computer-aided design (CAD)

With an aim to tackle one of the world’s biggest energy challenges — clean fuel for transportation, researchers in the US have developed a new technology to make clean hydrogen fuel. Unlike gasoline-powered vehicles, which emit carbon dioxide (CO2), cars using hydrogen are emission-free. However, making hydrogen fuel involves burning natural gas that releases CO2 into the atmosphere. To address

MUMBAI/RANCHI: Technology might soon play a role in ending child labour in India's mica belt and getting kids enrolled in school. After surveying Jharkhand's Koderma and Giridih districts -- where illegal mining is rampant and children work alongside their parents to put food on the table -- members of the National Commission for Protection of Child Rights (NCPCR) suggested that attendance in one

A space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts by launching satellites into orbit from the world's biggest airplane. Stratolaunch Systems, a unit of Allen's privately owned Vulcan Aerospace, last week gave a small group of reporters a first look at the nearly finished aircraft.

London/San Francisco: Twitter Inc. agreed to acquire a London-based artificial intelligence startup to make tweeted live videos look more professional. In a blog post on Monday, Twitter chief executive officer Jack Dorsey said he was buying Magic Pony Technology “so Twitter can continue to be the best place to see what’s happening and why it matters, first.” Seeking to shore up slowing growth, the

Over 1.5 million Indians are enjoying its high-speed Wi-Fi network experience across 19 railway stations in the country, especially in tier II cities, Google on Monday said. Last week, the technology giant rolled out its Wi-Fi service in four major stations -- Sealdah, Lucknow junction, Lucknow and Gorakhpur junction -- taking the total number of stations with such facility to 19, it said in a blogpost.

In a bid to boost the economic growth, the government has announced a series of changes in its Foreign Direct Investment (FDI) policy. The FDI regime has been radically liberalized for a large number of sectors including pharmaceuticals, civil aviation and broadcast technology such as DTH, cable and mobile television. Majority of them will be now open to 100% FDI as long as the requisite

Australia has won the 2016 Champions Trophy title of Hockey by defeating India by 3-1 score. With this victory, Australia created history by winning the title for record 14 times. In the final match played at London (United Kingdom), both teams in regulation period failed to score goals. However in the penalty shootout Australia managed to defeated India by scoring 3 goals to 1 goal. For Australia, in

French firm Cooltech Applications has launched what it claims as the world’s first commercially available magnetic refrigeration system. It can serve as a “Superfridge” slashing down both the environmental as well as economic challenges which the current electricity appliances face. The Magnetic Refrigeration System (MRS) achieves refrigeration by passing a water coolant through

Rapper Drake and Shawn Mendes dominated the list of winners at 2016 iHeartRadio Much Music Video Awards. The 29-year-old rapper, whose real name is Aubrey Drake Graham, walked away with a total of five awards including the video of the year award for the 'Hotline Bling' visuals, which also earned him the best hip-hop video and most buzzworthy Canadian trophies.He led the nominees with

Essar Oil Ltd. has been conferred with the Skoch BSE Award in recognition of its energy conservation and environment management initiatives. This is the second time that the company has been awarded for its commitment to green initiatives. Lalit Kumar Gupta, Managing Director and Chief Executive Officer of Essar Oil Ltd, accepted the award from Rajeev Agarwal, whole-time Director of SEBI, at a

Chandigarh : Prime Minister Narendra Modi on Tuesday announced two yoga awards – one international and another national – to be given away on the occasion of International Yoga Day.Modi said this while addressing some 30,000 yoga enthusiasts at the Capitol Complex here on the event of the second International Yoga Day. “Today, on behalf of the government, I am announcing two

Bengaluru: A 62-year-old doctor had to face looks of disgust all throughout her career and answer series of questions from her fellow colleagues as to why she chose to serve the HIV infected patients. Today, after tireless service towards one of the most stigmatized ailments of the country - HIV/Aids for 18 long years, Dr Glory Alexander from Bengaluru has been selected for the prestigious Dr B C

India and Thailand on 17 June 2016 signed two agreements that are aimed at enhancing cooperation in culture as well as educational sectors. The set of agreements pertains to extension of the Cultural Exchange Programme (CEP) for 2016-19 and a Memorandum of Understanding (MoU) between Nagaland University and Thailand’s Chiang Mai University. The agreements were signed in New Delhi

Langtang: A popular trekking site in Nepal that was worst hit by the devastating earthquake.The International Astronomical Union in June 2016 named a 9.8 kilometers wide crater on Mars as Langtang, a popular trekking site in Nepal. Langtang is one of the villages of Nepal that was worst hit by the 25 April 2015 earthquake. As per reports, at least 215 people were killed in the village after the

21 June: International Day of Yoga
The International Day of Yoga was on 21 June 2016 observed across the world with the theme Connect the Youth. This year’s observance of the Day highlights the important role healthy living plays in the realization of the Sustainable Development Goals, adopted in 2015 by all 193 UN Member States.

The Union Government on 20 June 2016 banned use of potassium bromate (KbrO3) as a food additive on recommendation of Food Safety and Standards Authority of India (FSSAI). Early in May 2016, FSSAI in its recommendation asked health ministry to remove potassium bromate, a cancer causing chemical, from the list of permissible food additives. The recommendation was made following a study

Businessman Bipin R Patel was on 18 June 2016 appointed as the President of Gujarat Chamber of Commerce and Industry (GCCI) for the term 2016-17. He succeeds Rohit J Patel. The decision in this regard was taken during the annual general meeting (AGM) of the GCCI. In another development, Shailesh Patwari was appointed as the Senior Vice-President of the chamber. About Gujarat Chamber

Former Flipkart Vice President Michael Mehran Adnani has joined Styletag, an online women's curated fashion platform, as its chief executive officer. Adnani will spearhead the company's operations and helm its evolution as it enters into a new phase of growth and expansion, Styletag said in a statement. He was earlier the Vice President of Flipkart and headed the strategic brand alliances for the e-

Indian Space Research Organisation tonight said it has cleared the 48-hour countdown, starting tomorrow morning, for the launch of record 20 satellites in a single mission on June 22 from the Satish Dhawan Space Centre in Andhra Pradesh's Sriharikota. Polar Satellite Launch Vehicle PSLV-C34 will be used to carry the satellites, including India's earth observation spacecraft Cartosat-2, from the

British IT and software firm RSK Business Solutions has merged with its Indian partner BSL Information Technology to jointly deliver consultancy services in different parts of the world. England-headquartered RSK Business Solutions Limited (RSK BSL) merged with its Gurgaon-based Indian partner BSL Information Technology Private Limited (BSLi) to create UK-registered RSK Business

New Delhi: Tokyo-based SoftBank Group Corp on Monday announced that a special committee of independent members of its board of directors has completed its review of allegations regarding president and chief operating officer (COO) Nikesh Arora. The Special Committee has concluded that the claims concerning the conduct of Arora during his tenure at SBG are without merit. The Special

The Shailesh Nayak Committee of the environment ministry has proposed several relaxations in the coastal zone regulations. These relaxations could provide a boost to real estate, construction, ports and tourism sectors in coastal states. The changes could lead to a largely diminished role for the central government and the central environmental rules over coastal areas. State government would get a larger

New Delhi:  Two companies from India – Viacom18 Media and General Electric India – won PR Awards Asia 2016 under the category Employee Communications Campaign of the Year. PR Awards Asia for employee communications campaign is recognition to companies across Asia for innovation in internal communication and employer re-branding campaign during tough business environment.

Mumbai:  Flipkart, e-commerce giant in India, has emerged as the most attractive employer in India as per LinkedIn data and its The Top Attractors list in India. While Amazon found second position, Capgemini stood at third spot. The internet giant Google India remained at fourth and KPMG , a management consulting company, occupied fifth spot. LinkedIn’s The Top Attractors list is based

Rudra Narayan Sahoo, New Delhi: A significant number of universities in India, especially IITs, have improved their rankings in the Times Higher Education Asia Rankings 2016.  The tally in India is led by Indian Institute of Science Bangalore (IIS, Bangalore) with featuring 27thposition in Asia Top 200 list followed by Indian Institute of Technology, Bombay (IIT, Bombay) at 43 and Indian Institute of

New Delhi: Forty eight students were emerged as winners at the National Yoga Olympiad organized by NCERT today (20 June 2016) at Talkatora stadium New Delhi. Total 321 children from 21 States/UTs participated at the National Yoga Olympiad, which is the first edition of the programme organized by NCERT under the aegis of Ministry of Human Resources.  Winners of the National Yoga Olympiad

The Chief Ministers Office, Government of Gujarat has been named esteemed recipient of the prestigious 2010 United Nations Public Service Award (UNPSA). State Wide Attention on Grievances with Application of Technology (SWAGAT) has won the UN Public Service Award in the category ‘Improving Transparency, Accountability and Responsiveness in Public Service’. Spokesperson

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