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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