Sovereign Gold Bond Scheme Opens For Subscription From Today: 10 Things to Know

The Reserve Bank of India (RBI) on behalf of the Central government has opened the fifth tranche of Sovereign Gold Bond (SGB) Scheme 2020-21 Monday and fixed the price at Rs 5,334 per gram. As per updates, the Sovereign Gold Bond Scheme 2020-21-Series IV is open for subscription from August 3 to 7. 1) Experts related to the matter believe that the demand for gold has increased by about 37% this year as investors take a backseat from equities in a volatile market. 2) Prior to this, the first tranche of Sovereign Gold Bond Scheme 2020-21 was open for subscription from April 20 to 24. 3) Later, the issue price for the fourth tranche of Sovereign Gold Bond Scheme 2020-21 was open in July was Rs 4,852 per gram of gold. 4) After consulting the RBI, the Central government decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online. 5) Earlier, the RBI had said that it will issue Sovereign Gold Bonds (SGBs) in six tranches beginning from April till September. 6) Notably, the RBI has said that the Sovereign Gold Bond Scheme 2020-21 will be sold through banks, Stock Holding Corporation of India (SHCIL), designated post offices, and recognised stock exchanges (NSE and BSE).........Read more

Disney's streaming chief Kevin Mayer will be joining TikTok as its CEO- Technology News, Firstpost

Walt Disney Co's top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of Chinese company ByteDance Technology Co's popular video app TikTok, the companies said on Monday. Mayer led the successful launch of the Disney+ streaming service in November but in February was passed over for the chief executive job at Disney. TikTok, which allows users to create short videos with special effects, is rising in popularity among teenagers and has become a cultural trendsetter. ........Read more

Formula 1’s driver chaos, explained

The team bosses have been hard at work, arguing with each other and the sport's governing body about finally implementing cost caps that could level the playing field (a little, hopefully) between the three very, very rich ones (Mercedes, Ferrari, and Red Bull) that win everything and the other seven. And this week has seen quite the game of musical chairs as drivers are switching things up for 2021, which all got started with the sudden news that four-time world champion Sebastian Vettel's days as a Ferrari driver are over. Let the silly season begin. ........Read more

South Korea continuing downturn of new coronavirus cases

Infections continue to wane in the hardest-hit city of Daegu, where no new cases were detected. Figures released by South Korea's Centers for Disease Control and Prevention on Saturday brought national figures to 10,780 cases and 250 virus-related deaths. At least 1,081 cases have been linked to international arrivals, but these cases have also declined in recent weeks as the government strengthened border controls, such as enforcing 14-day quarantines on all passengers coming from overseas. ........Read more

In Mann ki Baat, PM Modi Lauds India's 'People-driven' Coronavirus Fight; Warns Against Negligence

Prime Minister Narendra Modi on Sunday exhorted people to shun complacency on the assumption that the COVID-19 pandemic will not affect them as it has so far not spread to areas they work or live in, saying "we have to continue being careful and taking the right precautions". Addressing his monthly 'Mann ki Baat' programme, he also said that India's fight against the novel coronavirus has become people-driven wherein every citizen is playing his or her part. Be it businesses, offices, education institutes or medical sector, everyone is adapting to changes in the post-coronavirus world, he said. ........Read more

SS Rajamouli Reveals He 'Slept Off' While Watching Oscar-winning Parasite, Gets Trolled Online

In a recent television interview, when asked about his views on Parasite, Rajamouli admitted that he “slept off” during the first half of the film, before turning it off without finishing it. "Parasite didn’t work much for me, I felt the film was a little slow in the beginning. We started watching the film a little bit late around 10 PM, and so halfway through, I dozed off and slept," he said. His views created quite a buzz on social media, with a section of people expressing their displeasure over his views.........Read more

Alibaba to invest $28 billion in cloud services after coronavirus boosted demand

Alibaba Group Holding Ltd said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years - a plan that follows a boom in demand for business software as the coronavirus outbreak peaked in China. The company said in a statement it will spend the funds on semiconductor and operating system development as well as building out its data centre infrastructure. Alibaba’s cloud division is one of its fastest growing businesses. Fourth-quarter revenue climbed 62% to 10.7 billion yuan, the first time it has topped 10 billion yuan in a single quarter.........Read more

India's Coronavirus Tally Soars Past 9,000-Mark, 35 New Deaths In Last 24 Hours

In the last 24 hours, 35 new deaths due to Coronavirus were reported across India, taking the tally to 308. The number of positive cases rose to 9152, said Ministry of Health and Family Welfare. The number of active coronavirus cases stood at 7,987, as many as 856 people have been cured and discharged, while one had migrated. The total number of cases include 72 foreign nationals, according to the ministry data. Thirty-five deaths have been reported since Sunday evening, of which 22 were reported from Maharashtra, five from Delhi, three from Gujarat, two from West Bengal and one each from Tamil Nadu, Jharkhand and Andhra Pradesh.........Read more

Might Take a Week to Restore Power: Maharashtra For 'Blackout' Sans Switching Off Lights

Notably, in his address to the nation at 9 AM on Friday, PM Modi had urged people to switch off their lights for nine minutes at 9 PM on April 5 and light candles, diyas, flashlights etc. The PM’s call, which has been heavily criticised by the opposition, is nevertheless being seen as an exercise to keep people’s morale high during the ongoing 21-day nationwide lockdown, announced on March 24 in a bid to contain the fast-spreading COVID-19 pandemic.........Read more

Coronavirus in India: 3 more deaths take toll to 15, confirmed Covid-19 count crosses 630

As authorities prepare to fight the coronavirus pandemic, the total number of confirmed Covid-19 cases in India crossed the 630-mark and the death toll mounting to 15 on Thursday. Around 10 new Covid-19 cases from different parts of the country were reported on Thursday morning along with three casualties. In Goa, three persons, all with travel history abroad, tested positive for coronavirus, health department officials said. This is the first time the tourist state has reported coronavirus positive cases.........Read more

Sourav Ganguly Takes Over as BCCI's 39th President

The 47-year-old Ganguly was officially entrusted with the task of heading Indian cricket for the next nine months at the BCCI's General Body meeting here, ending a tumultuous 33-month reign of the Supreme Court-appointed CoA. ........Read more

If bowlers take 20 wickets, this team becomes like a Ferrari - Ravi Shastri

"Bhaad mein gaya pitch [to hell with the pitch], 20 wickets and the [World Test Championship] points are what we are after," coach Ravi Shastri told Star Sports after India wrapped up the Ranchi Test against South Africa to seal the series 3-0. ........Read more

SBI cuts interest rates on fixed deposits, home loans

The State Bank of India on Monday announced that it has reduced marginal cost of lending rate (MCLR) and interest across all tenors. SBI in a release said that it will reduce interest rates by 10 basis points from tomorrow. This is the rate reduction in the current fiscal year by the public sector lender. One year MCLR has been reduced to 8.15 percent from 8.25 now. The MCLR is linked to the retail lending rates. ........Read more

Thane: 3 Sanitation Workers Die After Inhaling Poisonous Gas While Cleaning Septic Tank, 8 Critical

Three sanitation workers on Thursday night died of suffocation while cleaning a septic tank in Maharashtra’s Thane. A total of 11 workers went inside the sewerage, however, due to the presence of poisonous gas, three of them died on the spot. The remaining eight fell unconscious, and were later taken to a hospital nearby. The workers are said to be in critical condition.........Read more

No Increase in EVM-VVPAT Verification, SC Junks Review Petition by 21 Opposition Parties

The Supreme Court on Tuesday junked a review plea filed by 21 Opposition parties seeking a direction to increase VVPAT verification from five to at least 50 per cent of EVMs during the counting of votes in the ongoing general elections 2019. The top court ruled that there would be no increase in EVM-VVPAT verification.........Read more

The universe is expanding faster than we thought

The universe is expanding 9% faster than scientists expected, according to a new study. And new physics may be required to understand. The expansion rate is at odds with the universe's trajectory shortly after the Big Bang, more than 13 billion years ago. ........Read more

Maoist links to Elgaar Parishad: Pune police arrest Anand Teltumbde

The Pune city police have arrested Anand Teltumbde, a professor at Goa Institute of Management, in the Elgaar Parishad case for his alleged links with the banned CPI-Maoist.........Read more

'Zero' lands in legal trouble as Delhi MLA files complaint against Shah Rukh Khan wearing kirpan

Delhi MLA Manjinder Singh Sirsa filed a complaint against Shah Rukh Khan for allegedly hurting the sentiments of the Sikh community in his upcoming film Zero.........Read more

Ford EcoSport S And Signature Edition Launched In India; Prices Start At Rs 10.40 Lakh

Ford EcoSport S And Signature Edition launched in India. Ford has launched the S and Signature Edition trims of the EcoSport compact SUV. The Ford EcoSport S gets the popular 1-litre EcoBoost engine and few other cosmetic changes. The Ford EcoSport S trim draws power from the globally renowned 1-litre EcoBoost petrol engine producing 123bhp and 170Nm of torque. The engine is mated to a 6-speed manual gearbox with a claimed mileage of 18.1kpl. The EcoSport S also gets the 1.5-litre diesel engine.........Read more

Microsoft launches $25M program to use AI for disabilities

CEO Satya Nadella announced the new “AI for Accessibility” effort as he kicked off Microsoft’s annual conference for software developers. The Build conference in Seattle is meant to foster enthusiasm for the company’s latest ventures in cloud computing, artificial intelligence, internet-connected devices and virtual reality. “It may be an accessibility need relating to vision or deafness or to something like autism or dyslexia". Those people already have “huge potential,” he said, but “technology can help them accomplish even more.”........Read more

New research on probiotics in the prevention and treatment of colon cancer

In an innovative approach to colorectal cancer (CRC) prevention and treatment, scientists are studying ways to replace missing metabolites in patients prone to gut inflammation and CRC. A new study in The American Journal of Pathology describes how administration of histamine-producing gut microbes to mice lacking the enzyme histidine decarboxylase (HDC) reduced inflammation and tumor formation. These results suggest that alteration of the gut microbiome with probiotics may become a new preventative or therapeutic strategy for patients at risk for inflammatory bowel disease (IBD)-associated CRC.........Read more

Playing action video games can actually harm your brain

Neuroscientists should think twice before getting patients to play video games as a way to boost their brain power, a new study conducted at Université de Montréal suggests. Why? Because in many cases, gaming can do more harm than good.........Read more

Not a Simple Tax: Be Ready for Multiple Taxes Under the GST Regime

While the entertainment tax is part of the GST with two specific rates – 18 and 28 per cent – there is a provision which says “local bodies are free to levy their charges and there is no cap on the quantum of additional levy."........Read more

An Ode to the Unsung Heroes on #DoctorsDay. Here Are Some of India's Most Inspiring Doctors!

According to a report released by KPMG and the Organisation of Pharmaceutical Producers of India (OPPI), nearly 75% of dispensaries, 60% of hospitals and 80% of doctors are located in urban areas, serving only approximately 28% of the population of India.........Read more

First 'Assembled in India' iPhones hit retail shelves without price cuts

Although Apple has started assembling its entry-level iPhone SE units in India, there has been no change in the handset's retail price tag. Prospective iPhone SE buyers and budget conscious Indian consumers would be disappointed, as the phone continues to sell for over Rs 27,000, instead of the expected price drop to Rs 20,000.........Read more

Finally, a drug to benefit rare kidney cancer

According to a recent study, some patients with a form of advanced kidney cancer that carries a poor prognosis benefited from an experimental drug targeted to an abnormal genetic pathway causing cancerous growth.........Read more

Researchers find new source of dangerous electrical instability in the heart

Sudden cardiac death resulting from fibrillation - erratic heartbeat due to electrical instability - is one of the leading causes of death in the United States. Now, researchers have discovered a fundamentally new source of that electrical instability, a development that could potentially lead to new methods for predicting and preventing life-threatening cardiac fibrillation.........Read more

Liberty completes acquisition of Tata unit in UK

International industrials and metals group Liberty House on Tuesday completed a £100 million deal to acquire the Speciality Steels division of Tata Steel UK and announced the creation of 300 production jobs.........Read more

Hyundai to launch new Santro in 2018, here’s what to look out for

The new Hyundai Santro will be larger than the older version of the hatchback and is expected that the new model will retain the famous tall-boy stance. The company will also make changes to the exterior as well interiors too. As of now there is no information about the engine but it is expected that the Santro will be based on a new platform and is likely to be powered by an 1.1 litre iRDE and a 1.2 litre Kappa petrol engines and will be paired to a 5-speed manual transmission or might get an automatic transmission.........Read more

Chinese Brand iVOOMi to Launch Android Smartphones Under Rs 10,000

iVOOMi will unveil iV505 as their first smartphone in the country this month for a price of Rs 3,999. The iV505 handset will be Jio-ready with 4G VoLTE support on both SIM card. The device will be powered by older Android Marshmallow 6.0 operating system.........Read more

Swiss firm acquires Mars One private project

A British-Dutch project aiming to send an unmanned mission to Mars by 2018 announced Friday that the shareholders of a Swiss financial services company have agreed a takeover bid.........Read more

A new Weapon in Russia's Arsenal, and it's Inflatable

The idea behind maskirovka is to keep the enemy guessing, never admitting your true intentions, always denying your activities and using all means political and military to maintain an edge of surprise for your soldiers. The doctrine, military analysts say, is in this sense "multilevel." It draws no distinction between disguising a soldier as a bush or a tree with green and patterned clothing, a lie of a sort, and high-level political disinformation and cunning evasions. ........Read more

Surgical strikes: Eyewitnesses in PoK describe what really happened during Army strike

Their accounts corroborate India’s claims that it carried out strikes against terror launch pads — a claim Pakistan has denied, saying, instead, that its military’s forward positions were targeted with small-arms and mortar fire.........Read more

Not holding any anti-terror exercise with Pak in 'so-called Azad Kashmir': Russia

Russia clarified on Friday that it was not holding any anti-terror exercise with Pakistan in "so-called Azad Kashmir" or in any other "sensitive or problematic areas like Gilgit and Baltistan". "The only venue of the exercise is Cherat. All reports alleging the drills taking place at the High Altitude Military School in Rattu are erroneous and mischievous," the Russian Embassy said in a statement in New Delhi.........Read more

Billion dollar fail: Why eCommerce firms may not find fortune at the bottom of the pyramid

As the festival season approaches, everyone is gearing up for the grandmother of all sales in India. Amazon, Flipkart, Snapdeal. ‘Who will emerge richest among the eCommerce Big 3 of India?’ is a question that has started doing the rounds in the media spawning stories around ‘strategies’. Ever since the world got exposed to CK Prahalad’s seminal work on ‘Fortune at the Bottom of the Pyramid’, ........Read more

Tier-1 college tech graduates paid three times more than tier-3

MUMBAI: Starting salaries for graduate and postgraduate students with technical degrees from tier-1 colleges in India are three times higher than that for their counterparts from tier-3 colleges.Further, MBAs from tier-1 colleges command four times a..........Read more

Govt thinking of a common entrance test for all central universities

The proposed admission procedure will put all students on an equal footing as everyone will be tested through a common examination. The Centre is likely to call a meeting of central university vice-chancellors on October 6 to discuss the common test.........Read more

Google's Nexus phone successors may be called Pixel and Pixel XL

A couple of days after Android Central reported that Google would be dropping the Nexus brand from its upcoming flagship smartphones, Android Police claims to have the replacement names. The two...........Read more

Coach Gurbax Sandhu takes responsibility for India's medal-less boxing campaign at Rio Olympics

Sandhu is ready to take "moral responsibility" for India's medal-less boxing campaign in Olympics but he says the four-year-long administrative logjam cannot escape blame for all that has gone wrong with the once flourishing sport.........Read more

Before and after photos show impact of Italy quake

A 6.2-magnitude earthquake struck central Italy early Wednesday morning, toppling buildings and burying people under the rubble.........Read more

Marijuana: Health effects of recreational and medical use

By Wynne Armand, MD Contributing Editor, Harvard Health Publications Marijuana is widely used, especially in adolescents and young adults. In the US, there are about 20 million users (about 7.5% of people aged 12 or older). Marijuana is a mind-altering (psychoactive) drug. Similar to hemp, it comes from the cannabis plant. The plant’s primary drug …........Read more

OYO Rooms a threat, says Cyrus Mistry

OYO Rooms, a five-year-old start-up headed by 22-year-old Ritesh Agarwal, offers rooms for Rs 1,200-5,500 in all major cities........Read more

Researchers find complex relationship between major earthquake faulting and mountain building in the Himalaya

The April 2015 Gorkha earthquake in Nepal killed more than 8,000 people and injured more than 21,000. With a magnitude of 7.8, it was the worst natural disaster to strike Nepal since the 1934 Nepal-Bihar earthquake.........Read more

Will Never Remove Dead Cows Again, Vow Thousands Of Dalits In Una

Radhika Vemula, whose young son Rohith committed suicide at a university in Hyderabad in January, held top honours as she unfurled the national flag this morning at the grounds of a large state-run school in Una.........Read more

Rio Olympics 2016: Here is the reason behind pools turning green and smelling like fart

At least two pools at the official Olympic venue had turned green recently, and begun to give off an odour akin to flatulence.........Read more

Hot 'Pokemon Go' brings Rio Olympic Games fever down

Pokemon Go's release in Brazil two days before the Olympics started saw youths thronging the Games venue hunting for virtual creatures, rivaling the popularity of the Olympic Games.........Read more

55% food items, medicines not under GST: PM

Prime Minister Narendra Modi on Monday said almost all the commodities used by the poor had been kept out of the purview of the GST.........Read more

'Jai Gangaajal' co-producer alleges Prakasha Jha of fraud

The co-producer of Priyanka Chopra-starrer "Jai Gangaajal" has filed a police complaint against its director Prakash Jha's production company, alleging fraud and cheating.........Read more

Centre files caveat in SC on issue of Delhi's UT status

The Centre has filed a caveat in the Supreme Court stating that it should be heard when the apex court decides the matter on the Union Territory (UT) status of Delhi after the AAP government decided to challenge the recent High Court judgment here.........Read more

Understanding the Islamic state

The Islamic State of Iraq and Syria (ISIS) has evolved from being a battlefield terrorist group operating in Iraq and Syria into a transnational political and militant syndicate seeking to impose its radical interpretation of Islam as its pivotal phi........Read more

After Micromax, Indus OS joins hands with Celkon, Swipe smartphones

By forging partnership with Swipe and Celkon, Indus OS plans to breach the 100 million user-base by 2018.........Read more

India should become world’s first cashless country

“Black money”—the colloquial name for a vast network of off-the-book cash transactions and unbanked savings—is one of India’s biggest scourges. Amounting to as much as $460 billion a year, bigger than the GDP of Argentina, all that money lies beyond ........Read more

Navjot Singh Sidhu resigns from Rajya Sabha amid AAP buzz

Cricketer-turned-BJP leader Navjot Singh Sidhu resigned from the Rajya Sabha on Monday at a time speculations were rife that he might join the Aam Aadmi Party ahead of next year’s Punjab election.........Read more

IIT-Madras research scholar allegedly commits suicide in hostel

A 34 year-old woman research scholar at the IIT Madras allegedly committed suicide in her hostel room on Wednesday, police said.........Read more

IS may have set up sleeper cells in India: Iraqi envoy

The Islamic State may have set up sleeper cells in India owing to the influence of foreign-funded Islamic seminaries and preachers who teach an exclusivist version of Islam, says the new Iraqi Ambass........Read more

A detailed model of the universe

For the first time, cosmologists have used the full power of Albert Einstein's general theory of relativity to perform detailed calculations of the universe's evolution. The two groups' techniques - which break with nearly a century of tradition - could help settle a controversy over the accuracy of previous, simplified simulations, and could help researchers interpret the results of astronomers' increasingly precise observations.........Read more

BTI Payments looking to raise Rs250 crore from PE funds

BTI Payments seeks to expand its so-called white label ATM business, hires a domestic investment bank for discussions with private equity firms........Read more

I Squared Capital to invest up to $1 billion in India

I Squared Capital has committed to invest in road assets worth Rs8,000 crore through Cube Highways, and in assets worth Rs2,000 crore to its rooftop solar platform Amplus Energy Solutions........Read more

Rafael Nadal out of Wimbledon due to wrist injury

Twice former champion Rafael Nadal has opted out of this year's Wimbledon due to the wrist injury that forced the Spaniard out of the French Open last month, he said on Thursday.........Read more

'Bombs Everywhere': Mathura Cult's Children Were Trained In Arms

A cult at the centre of deadly clashes in Mathura that was running a parallel judicial system and had its own constitution, jails and several "battalions" of soldiers, also gave arms training to children, a senior police officer said.........Read more

No cellular operator in city meets call-drop cutoff

A survey conducted by telecom regulator Trai between May 3 and May 6 has pointed out that nearly all operators in the national capital have call drops beyond the stipulated benchmark of 2% of all calls.........Read more

Assembly elections 2016 verdict: Who should be worried, BJP or Congress?

The percentage of vote share of the BJP has slumped in these Assembly elections as compared to the 2014 Lok Sabha elections.........Read more

Vivek Agnihotri Explains Relevance Of The Title 'Buddha in a Traffic Jam'

Director Vivek Agnihotri’s upcoming film ‘Buddha in a Traffic Jam’ has made headlines even before hitting the big screens. Starring Anupam Kher, Pallavi Joshi, Mahie Gill and Arunoday Singh in pivotal roles, the film delves into the themes of corrupt........Read more

After Sending Water Train to Latur, Railway Sends Rs 4 cr Bill

A month after the first 'water train' reached Latur, the Railways have provided 6.20 crore litre water to the parched region, and sent a Rs 4 crore bill to the district collector towards transport cost.........Read more

IIT students go on strike, ask how 5% non-virgins gained admission in IIT

A study showed that 5% freshmen at IIT Bombay are not virgins and this has created a furore.........Read more