The New Wealth Creators

Any ranking or list is a tricky task. It can be based on objective data, but it still involves a certain bias. By default, some names have to be left out, especially if it is restricted to a certain number, 25 in this case. So, let us begin with what is missing from this list of new Indian business families and wealth creators in the past 25 years. Scions and members of the second and third generation are out. They built on existing wealth; they grew the respective empires. They did not start from scratch. Similarly, businesspersons who had an elitist background, either in terms of wealth or power, were not considered. Ideally, Sunil Mittal of Bharti Enterprises should have sneaked his way in, but he didn’t. His father was an established politician, and the Mittal family made bicycle parts, imported gen-sets, and assembled push-button phones in the 1980s. Hence, when Sunil bagged a mobile licence, and launched the Delhi services in 1996, he was a known-unknown. However, some names in this list did start before 1995, but their growth came subsequently. Lack of rains forced Chandubhai Virani’s father to ask his sons to leave their village in Jamnagar, Gujarat, in the 1970s. Armed with Rs 20,000, which was raised from the sale of land, their first small venture in fertilizers and farm implements flopped. The brothers began to sell refreshments outside a cinema hall in Rajkot. Until the late 1980s, they made the potato wafers at their residence. Byju Raveendran, Byju’s.........Read more

8 Indian universities feature in THE Asia Rankings top 100 list — and it's not just IITs

Indian engineers are known and recognized around the world. And its institutions being placed high in the global rankings is a validation to that. According to the Times Higher Education (THE) Asia Rankings, eight Indian institutions have been ranked in the top 100 list this year — including six Indian Institutes of Technology (IITs). These include Indian Institute of Science (IISc), IIT Ropar, IIT Indore, IIT Kharagpur, IIT Delhi, IIT Bombay, IIT Roorkee and Institute of Chemical Technology (ICT).........Read more

Will push for clearance of dues to MSMEs within 45 days: Nitin Gadkari at e-Adda

Admitting the the issue of pending payments to Micro, Small & Medium Enterprises was a serious problem that was starving these units of vital “oxygen”, Union Minister of Road Transport & Highways and MSMEs Nitin Gadkari said that enforcement of clearance of dues within 45 days would be strictly implemented to ensure that these units stay solvent amid the Covid lockdown distress. ........Read more

ICMR Turns Down Request to Conduct Research on 'Gangajal Can Cure COVID-19', Refuses Presence of 'Ninja Virus'

As different countries across the world pull up their socks and dig their brains deeper into finding a vaccine for COVID-19, Ministry of Jal Shakti approached Indian Council of Medical Research to conduct research on the theory that Gangajal could possibly cure COVID-19. The move came after a proposal by an NGO, Atulya Ganga, that claimed last month about the presence of a ‘ninja virus’, called bacteriophage, in Ganga’s water that could cure COVID-19.........Read more

Sangakkara set for another term as MCC President

Seven months after creating history by becoming the MCC's first-ever non-British President, Kumar Sangakkara is all set to enter an elite list of people who have served multiple terms. According to a latest update, the Committee of MCC have decided to offer the Sri Lankan batting legend an extension of his ongoing term that's slated to end on 30th September 2020. This agenda will need the members' approval at MCC's Annual General Meeting which is scheduled for 24th June. Traditionally, the successor is named during this gathering and with Sangakkara's term poised for an extension, the nomination shall be with regards to this appointment scheduled for 2021. ........Read more

New Species of Pit Viper Discovered in India

“Trimeresurus snakes are morphologically cryptic, which makes it difficult to distinguish them in the field,” said Zeeshan Mirza from India’s National Centre for Biological Sciences and colleagues. “As a result, their real diversity could be underestimated.” “The new green pit viper demonstrates a unique orange to reddish stripe, present on the head and body in males.” The Salazar’s pit viper was discovered in 2019 during a herpetological expedition to Arunachal Pradesh.........Read more

India eases fundraising rules for companies as coronavirus hurts deals

India’s market regulator on Tuesday temporarily eased some fund-raising regulations for listed entities to give them easier and faster access to capital markets amid the ongoing coronavirus pandemic which has greatly reduced deal activity. To allow more companies avail fast-track rights issuances, the Securities and Exchange Board of India (SEBI) reduced the required average market capitalisation of public shareholding required to 1 billion rupees from 2.5 billion rupees and minimum period of listing to 18 months from 3 years. ........Read more

Telugu speakers reduce over the years; Only Hindi, Gujarati grown as languages

According to the Language Report from Census 2011, released in 2018, the number of Telugu speakers in the country has been decreasing over the years. This implies that Telugu as a language is not really growing, if one were to consider the population. For instance, in 2001, while the percentage of Telugu speakers to the total linguistic population in the country was 7.19 percent, it now stands at a pitiable 6.7 percent. Interestingly, Hindi and Gujarati are showing a positive growth rate. In 2001, approximately 41 per cent of the total population spoke Hindi, which in 2011 has touched 43.........Read more

Yes Bank Case: ED Summons Anil Ambani In Money Laundering Probe

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday. They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank. The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date. Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.........Read more

No One Involved in Delhi Violence Will be Spared, Delhi Police Will Probe Matter: Amit Shah in Lok Sabha

He also paid tribute to all those who lost their lives in riots in Delhi and extended his condolences to the grieving families. Saying that Delhi Police contained the violence within 36 hours, Shah said he did not visit the area as he didn’t want the police to divert resources towards his security arrangements. “I did not go there myself as I didn’t want the police to divert resources towards my security arrangements,” he said, adding, “Delhi Police contained the violence within 36 hours.”........Read more

37% Hate Speech On Facebook Is On Islamophobia, Followed By Fake News, Castiest Slurs In India

Digital hatred is growing leaps and bounds across social media platforms. Fake news, Islamophobia and xenophobia encapsulate most part of hate speech on social media across the world and India is no exception. A South Asian American human rights and technology research did an analysis of hate speech and disinformation on the social networking site Facebook India. Their findings revealed that the highest proportion of hate speech in India is linked to Islamophobia.........Read more

Iran to send black boxes of downed Ukrainian plane to Ukraine

Iran said it was sending to Ukraine the black boxes from a Ukrainian passenger plane that the Iranian military shot down this month, an accident that sparked unrest at home and added to pressure on Tehran from abroad. Iran’s Tasnim news agency also reported the authorities were prepared for experts from France, Canada and the United States to examine information from the data and voice recorders of the Ukraine International Airlines plane that came down on Jan. 8. ........Read more

Atal Bhujal Yojana: What is Centre's Rs 6,000 Crore Groundwater Management Scheme?

The Atal Bhujal Yojana aims to improve groundwater management through community participation in identified priority areas in seven states — Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh. The scheme envisages active participation of the communities in various activities such as formation of water user associations, monitoring and disseminating ground water data, water budgeting, preparation and implementation of gram panchayat-wise water security plans and information, education and communication (IEC) activities related to sustainable ground water management.........Read more

Pakistan Special Court Sentences Former President Pervez Musharraf to Death in High Treason Case

A three-member special court comprising Chief Justice of the Peshawar High Court (PHC) Waqar Seth, Justice Nazar Akbar of the Sindh High Court (SHC) and Justice Shahid Karim of the Lahore High Court (LHC) handed over the verdict. The high treason case was filed against the former president by the PML-N government in 2013 for clamping the state of emergency on November 3, 2007. Musharraf was booked in the high treason case in December 2013 and indicted on March 31, 2014.........Read more

Anil Kumble calls for 'better facilities for spectators' to keep Test cricket alive in India

It is also important to choose the time of the Test match. We all remember that during the festival of Pongal, a Test match used to happen in Chennai. And the start of the season used to be in Delhi. Bangalore & Mumbai would have a Test match.........Read more

India is Increasingly Involved in Development of Flagship AAA Games, Says Ubisoft

With gaming as an industry picking up pace, stakeholders remain upbeat regarding the potential of India in the industry, and how it may grow. According to Jean-Philippe Pieuchot, this potential is directly translating to Ubisoft’s India studio being more directly in AAA game development in various fields, through collaborations and partnerships with Ubisoft’s bigger and better known studios such as Ubisoft Montreal and Toronto. “For us at Ubisoft Pune, it is really about being associated with the main studios at Ubisoft, to ensure that we can get the required expertise on a specific background for our house," Pieuchot explains. "What we need to ensure in India is that we have enough sets of collaborations coming along from various Ubisoft studios, and learn from different scopes of skills. What I’m saying about India is the same for the rest of the world as well -- it takes time, and depends on the industry to move fast so that individuals can learn fast and anticipate changes. You grow set by set, and develop a studio in accordance to the demands of the global industry." ........Read more

Indian researcher takes away $6,500 bounty for discovering Uber hacking bug

Uber fixed a serious security bug recently that was discovered by an Indian cybersecurity researcher named Anand Prakash. The ride-hailing and ride-sharing service paid out a bounty of $6,500 to Anand for discovering the bug. Reuters. As reported by Inc42, the hacking bug would have allowed hackers to take over anyone’s Uber account. This included the accounts of partners and Uber Eats users as well. Under the responsible disclosure policy, Anand was given permission by Uber to share the details of the bug. The vulnerability was present in the API request where Anand’s team was able to enumerate other Uber accounts with either the user’s email address or phone number. APIs are used to authenticate two services so that one works using the data from one. For example, Uber will send an API request using access tokens to Google Maps to work with the Uber app. The authorisation wasn’t present on one endpoint that led to a leaked access token. This could have been used to gain control over any account.........Read more

Modi government cuts increments for senior ISRO staff

Even as Chandrayaan-2 mission scientists are racing against time to re-establish the communication link with Vikram lander that crashed on lunar surface, thousands of senior staff members, including scientists and engineers, at Indian Space Research Organisation (ISRO) have suffered pay cuts with the Central government deciding to discontinue 'additional' increments. This reportedly is causing discontent across the ranks of the country's space research organisation. As per an Office Memorandum (OM) dated June 12, undersigned by Deputy Secretary to Department of Space M Ramadas, the two additional increments given to scientists/engineers of grade SD, SE, SF and SG are discontinued with effect from July 1, 2019. ........Read more

Facebook’s cryptocurrency has a trust problem

Facebook employees designed the blockchain and recruited the partners that will manage it. Libra wallets will be embedded in Facebook apps like Messenger and WhatsApp, which means Facebook products will be the primary way people experience it. Using Libra means trusting Facebook, which is a hard sell in 2019. And where cryptocurrency initially meant decentralizing power, Libra means further entrenching one of the most powerful companies on Earth. In the most basic terms, using Libra means trusting Facebook. If the project succeeds, it could mean the end of the decentralized era of cryptocurrency. ........Read more

Over 225 terrorists killed in Jammu and Kashmir so far this year: Army

Northern Army Commander Lt Gen Ranbir Singh said that more than 225 terrorists have been killed in Jammu and Kashmir so far this year. He also said locals were sharing information about terrorists’ movements with the Army.........Read more

Earth is "drinking" more seawater through the Mariana Trench than previously thought

A new study suggests that the seismic activity around the Mariana Trench have revealed that subducting tectonic plates are dragging more water deeper into the Earth, which could change our understanding of the global water cycle.........Read more

'What About Diwali for 46,000 Homebuyers': SC Raps Amrapali Directors After Plea to Visit Home

The Supreme Court has turned down the plea of Amrapali director to visit home for Diwali. The court said they don't deserve to go home for Diwali or Holi as they had ruined the festivals for 46,000 homebuyers, who were suffering at the hands of the housing group.........Read more

ED files fresh chargesheet in Rs 5,000 crore money laundering case involving Gujarat firm

The Enforcement Directorate (ED) filed its supplementary charge sheet in a Delhi court in over Rs 5,000 crore money laundering case involving Gujarat-based Sterling Biotech Tech.........Read more

The search for alien life needs a new space telescope, astronomers say

If NASA truly wants to get serious in the search for life off of Earth, scientists argue that the space agency should launch a new, large telescope into space — one capable of directly capturing the images of planets outside our Solar System.........Read more

Trump wants to stop subsidies to India, China

US President Donald Trump said he wants to stop the subsidies that growing economies like India and China have been receiving as he wants the US, which he considers as a “developing nation”, to grow faster than any other nation.........Read more

PMO reply sought on new status for 'Tirumala Tirupati Devasthanam'

Central Information Commission (CIC) has directed the Prime Minister’s Office (PMO) to inform what action the Centre is contemplating to recognise temples coming under Tirumala Tirupati Devasthanam (TTD) as national monuments.........Read more

Florida shooting: At least three killed in video game tournament, 11 injured; gunman ends life

A video gamer killed two people and wounded several others on Sunday when he opened fire with a handgun at a tournament that was being streamed online from a restaurant in Jacksonville, Florida.........Read more

Only three serving world leaders studied in India, compared to 58 in US

Only three serving leaders of countries were educated in India are Aung San Suu Kyi of Myanmar, Bhutan’s King Jigme Khesar Namgyel Wangchuk and its Prime Minister Tshering Tobgay, compared to 58 in the US, according to a new assessment released that regretted the slightly lower ranking of the UK, where 57 leaders studied.........Read more

Dhadak review: Janhvi Kapoor, Ishaan Khatter film is refreshing but weak

Shashank Khaitan’s film Dhadak has a gloss and brightness. Vishnu Rao’s postcard images in Dhadak are soothing, charming and in sync with Dharma Productions’ popular perception. Janhvi’s accent aside, she has been beautifully presented. It seems like a very urban view at times, but then Janhvi and Ishaan were probably misfits for a rural setting.........Read more

Jammu Kashmir Ex CM Mehbooa Mufti warns against breaking PDP; says it will lead to '1987-like situation'

Mehboba Mufti said, "Delhi's attempt to split the PDP will give birth to separatists like Yasin Malik and Syed Salahuddin. Any attempt to break PDP will only lead to a 1987-like situation."........Read more

An earthquake of magnitude 5.0 on the Richter scale hit Nicobar Islands Region during wee hours on Friday morning.

The epicentre of the quake was located at latitude 7.4 degree north and longitude 94.6 degree east, according to India Meteorological Department. ........Read more

Personal Loans Account For 96 percent Of Total Non-Food Credit: RBI

The decline in industrial credit is owed to sharp decrease in fresh investments in the corporate while the only driving force up-ticking credit demand is the retail sector. While the trend is likely to continue for few more quarters given the lackluster in the corporate space, retail demand is expected to be high on account of services demand pickup.........Read more

Two Crypto Exchanges Halt Trading, Blame Discouraging Government Stance

Crypto exchanges BTCXIndia and ETHEXIndia have informed their customers via email that they are stopping trading activities, citing the “stress” on their business caused by governmental actions discouraging crypto. BTCXIndia was opened in 2014, and the exchange then opened ETHEXIndia opened two years later.........Read more

Football World Cup 2022 could move to England or US, reports claim

The FIFA World Cup 2022 is supposed to be held in Qatar, but a sensational turn of events could see it hosted by either US or England. The reports have claimed that evidence was found suggesting Qatar is guilty of buying votes, a charge the Gulf country has denied. Apart from that, the constant political conflict in the Gulf country is also another reason why FIFA is apparently having reservations about Qatar hosting the football World Cup 2022.........Read more

PNB suspends 8 more officials, to repay other banks by March-end

Punjab National Bank (PNB), which is at the centre of India's biggest banking fraud, has suspended eight more officials, including one at the general manager level, for their suspected involvement in the multi-crore scam. PNB agreed to repay other banks their dues by March 31 and would be funded from internal resources.........Read more

Axis Bank Sells Transactions against LOUs of PNB

Axis Bank Ltd made a disclosure under regulation 30 of Securities and Exchange Board of India (SEBI) regulations 2015 that it has sold all transactions against Letter of Undertakings (LoUs) issued by Punjab National Bank (PNB). This clarification from Axis Bank came a day after PNB made an acknowledgment of fraud transactions worth more than Rs 11,300 crore in its Mumbai branch.........Read more

Disney to buy large part of 21st Century Fox in $52.4 billion deal

Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4 billion deal, including film and television studios, cable and international TV businesses as it tries to meet competition from technology companies in the entertainment business.........Read more

Rafale jets bought at 16% lower price than UPA deal

Top sources in the security establishment said that the cost of the government-to-government deal with France for 36 Rafale fighter jets was almost 16 per cent lesser than what the previous UPA government is projecting with better weapons and avionics. ........Read more

Sri Lankan Navy arrests eight Indian fishermen

The fishermen from Rameswaram and Mandapam were arrested by Sri Lankan Navy personnel while they were fishing near Katchatheevu and taken to Kaarainagar in the island nation, Assistant Director of Fisheries, Mandapam, Gopinath said.........Read more

UK Attempts to Stall Voting at UN to Deny ICJ Seat to India

United Kingdom may use its power as the permanent member of the UN Security Council (UNSC) in an attempt to stall the surge in support for India’s candidate for the International Court of Justice (ICJ), Dalveer Bhandari, at the last round of voting at the UN General Assembly (UNGA).........Read more

Metasurface generates new states of light for fundamental research and applications

Over the last decade, applied physicists have developed nanostructured materials that can produce completely new states of light exhibiting strange behavior, such as bending in a spiral, corkscrewing and dividing like a fork.........Read more

COAI calls for 6-fold hike in international call termination charges

Cellular operators' association COAI has favoured a steep hike in international termination charges to Rs 3.50 a minute against 53 paise per minute at present.........Read more

Researchers identify protein that could reduce death, improve symptoms in flu and other infections

A new study by researchers has identified an innovative strategy for treating influenza, and perhaps other infectious diseases as well. Scientists showed that a small protein called retrocyclin-101 (RC-101) could potentially improve the symptoms and mortality associated with the flu and possibly other types of infectious illness as well.........Read more

Satya Nadella pens book on Microsoft journey, future tech challenges

Satya Nadella, one of the most celebrated Indians in the global technology sector, has penned the inside story of his journey of becoming the CEO of software giant Microsoft, offering rare insights into his personal and professional life. The book, titled ‘Hit Refresh’ and co-authored by Greg Shaw and Jill Tracie Nichols, will go on sale globally on 26 September. It also includes a foreword by Microsoft co- founder Bill Gates.........Read more

Centre all set to identify, deport Rohingya Muslims

"I want to tell international organisations that whether the Rohingyas are registered under the United Nations Human Rights Commission or not, they are illegal immigrants in India," Rijiju said. His comments have come on a day when Prime Minister Narendra Modi has reached Myanmar, home to Rohingya Muslims, for his maiden two-day visit.........Read more

Over 130 pilots, 430 crew members of Air India Likely to be Grounded by DGCA

The Directorate General of Civil Aviation (DGCA) is likely to ground over 130 pilots and 430 cabin crew members of national carrier Air India for allegedly skipping the mandatory pre and post-flight alcohol test. These crew members had regularly been “evading” the breath analyser test over a period of time for flights to and from certain destinations such as Singapore, Kuwait, Bangkok, Ahmedabad and Goa.........Read more

It's official, Age of Empires IV is in the works and it's coming to Windows 10

At Gamescom 2017, however, the sequel fans deserve might just have been announced. Titled Age of Empires IV (AoE 4), the only information we have on the game is a teaser trailer and its description, which reads, “It's time to battle through history once more in the latest entry of the landmark Age of Empires franchise.”........Read more

What will the IT company of 2025 look like?

The IT office of 2025 will be a hybrid between an open office and a shopfloor as humans work alongside bots, says Ganesh Natarajan, founder, 5F World. Smaller campuses will become the norm since not as many people will be needed. Offices will become spartan with fewer frills like upscale cafes and play zones. Overall infrastructure and real estate costs will drop as the employee base shrinks. ........Read more

Al-Qaeda's Kashmir Chief Zakir Musa Trapped in Tral: Reports

Al-Qaeda’s Kashmir unit chief Zakir Musa has reportedly been trapped by security forces in Tral sector of south Kashmir. Musa is believed to have gone into hiding as soon as forces closed in on him. ........Read more

TRAI rejects COAI demand for another open house on interconnection call charges

Telecom regulator TRAI has rejected industry body COAIs demand for another round of discussion before implementing changes in the existing rules on mobile call interconnection charges. "I don't think that is required now because we think we have had extensive consultation process," TRAI Chairman R S Sharma told reporters in response to query on COAIs demand.........Read more

Wimbledon 2017: Novak Djokovic Progresses After Martin Klizan Retires

Novak Djokovic needed only 40 minutes to reach the second round at Wimbledon after Martin Klizan retired in the second set. Djokovic, the second seed, led 6-3 2-0 when the Slovakian called it a day because of a calf injury.........Read more

Local Kashmiri Cricket Club Wears Pakistani Uniform, Sings Pakistani Anthem

The match was played on 2nd April at the Wayil ground in Ganderbal district of central Kashmir. The same day, separatists had called for hartal against Prime Minister Narendra Modi’s visit to the state for the inauguration of Chenani-Nashri tunnel. The team that wore Pakistani jerseys is named after Baba Darya Ud Din, a popular saint, whose shrine is positioned in Ganderbal, while their opponents wore white.........Read more

Snapchat introduces 'Search' option to lets users search content they've posted on the app

Few days after Facebook got a Snapchat-like "Stories" update that lets users add effects to their photos and videos, Snap Inc has introduced a "Search" option that would give users power to search through the content they posted on its app.........Read more

Rajinikanth’s Sri Lanka trip: Tamil outfits ask him to call off April 9 visit

Superstar Rajinikanth’s visit to Sri Lanka next month to inaugurate a housing scheme has met with opposition from pro-Tamil outfits here, who cautioned him from getting “involved” in the emotive ethnic issue.........Read more

Why spend public money on providing police protection to politicians: Bombay HC

“Why is the taxpayer’s money being spent on former members of the legislature and their relatives?” asked a division bench comprising chief justice Manjula Chellur and justice Girish Kulkarni. “It appears that you are providing police protection to select people because they are affiliated to certain political parties.”........Read more

IIT-Delhi Researchers Develop Tiny Nasal Device to Help Breathe Clean Air Even in Polluted Cities!

Unlike masks that aren’t always effective and are large in size, the nasal aid, which has been dubbed Nosacle, is tiny and reusable. Similar to the nose plugs that are used to treat sleep apnea, the device is able to keep 90% of the pollutants away from the nasal chamber.........Read more

Indian-origin British sculptor wins $1 million ‘Jewish Nobel’

Well known Indian-origin British sculptor Anish Kapoor was on Monday named the winner of a prestigious $1 million Genesis Prize by Israel for his commitment to Jewish values. The prize committee, headed by Jewish Agency Chairman Natan Sharansky, acknowledged Mr. Kapoor as “one of the most influential and innovative artists of his generation.”........Read more

These smart glasses automatically focus on what you’re looking at

Carlos Mastrangelo, who’s a professor of electrical and computer engineering at the University of Utah, decided to solve the problem for himself. He created a pair of smart glasses. These glasses, which were displayed at CES last month, are made of liquid lenses that automatically focus on whatever the wearer is looking at far away or up close. This way, people with Mastrangelo’s eye condition, called presbyopia, wouldn’t have to put them on and take them off all the time.........Read more

Cabinet clears amendment to allow Kambala

The state Cabinet on Saturday gave its approval for amending the Prevention of Cruelty to Animals Act (PCA), 1960, to pave the way for Kambala, a traditional buffalo race held in the coastal districts. Briefing reporters after the meeting, Law Minister T B Jayachandra said the act would be amended to include Kambala and bullock cart racing as traditional sports.........Read more

Surgical strikes: On eve of Republic Day, gallantry awards for heroic jawans

​Commanding officers of the 4 & 9 Para Special Forces were awarded Yudh Seva medals. Major Mohit Suri of the 4 para was awarded the Kirti Chakra, and five personnel who were part of the operation were awarded the Shaurya Chakra.........Read more

National Girl Child Day: Lets reaffirm our commitment to challenge gender stereotypes, says PM Modi

As the nation observes National Girl Child Day today, Prime Minister Narendra Modi called on the nation to reaffirm their commitment to challenging stereotypes based on gender and promote gender sensitisation as well as gender equality.........Read more

No alliance between Congress and NCP for BMC elections

The Mumbai Congress will not have a pre-poll alliance with the Nationalist Congress Party in the BMC polls. The party’s high command has approved a demand about this by the city unit, said Sanjay Nirupam, the MRCC chief, yesterday.........Read more

Demonetisation: Rs 14 lakh crore in old notes are back, only Rs 75,000 crore out

According to information now available with RBI and the government, about Rs 14 lakh crore in demonetised currency have been deposited with banks, so far. The government is resigned to the prospect of only about Rs 75,000 crore in demonetised Rs 500 and Rs 1,000 notes not returning to the formal banking system.........Read more

24X7 NEFT transactions: What the Watal Committee recommends for a cashless India

With the government looking to move towards a cashless economy by promoting digital transactions following demonetisation of high-value denomination notes, these recommendations may be crucial in terms of changing the economic landscape of the country. Here is a list of suggested recommendations:........Read more

Olympian Mary Kom aims for Tokyo 2020

Mary Kom has admitted that she hopes to participate at the 2020 Olympic games in Tokyo, but her "main focus" will be on the 2018 Asian and Commonwealth Games. The London Olympics medallist also added that she was working hard to extend her boxing career by three to four years.........Read more

Demonetisation: Arun Jaitley invites Nitish Kumar, other chief ministers on the panel

Andhra Pradesh Chief Minister Chandrababu Naidu will head a committee of Chief Ministers that will suggest ways to move to a cashless economy and to ease the situation caused by the massive cash crunch after the government banned 500- and 1,000-rupee notes to combat black or untaxed money. Related Post J Jayalalithaa visited …........Read more

Here's how the new Rs 500 and Rs 2,000 currency notes will look

NEW DELHI: Prime Minister Narendra Modi on Tuesday announced that currency notes of Rs 500 and Rs 1,000 denominations will cease to hold any legal tender at midnight, from November 9.........Read more

Nat Geo’s green-eyed ‘Afghan girl’ arrested in Pak for forged documents

The green-eyed “Afghan girl” who shot to global fame when a photo of her was featured on the cover of a 1985 issue of National Geographic magazine, was arrested in Peshawar for possessing forged identity documents.........Read more

This Indian Scientist Revolutionised the Field of Medicine But Was Forgotten by History Books

Perhaps the only way to put his achievements in the field of nutrition and medicine into perspective would be to quote American author Doron Antrim – “You’ve probably never heard of Dr. Yellapragada Subba Rao. Yet, because he lived you may be well and alive today; because he lived you may live longer.”........Read more

The 2016 Nobel Prize In Physics: It's Complicated

This year's Nobel Prize in physics is expected to be be conferred on the three scientists who invented the process that led to the discovery of gravitational waves, but not the scientist who made it possible.........Read more

Kashmir curfew lifted: Valley returns to normalcy with busy markets, traffic jams

It was for the first time in last over two-and-half months that the Sunday market stayed open at Lal Chowk, Kashmir’s main market, which had usually seen deserted roads and closed shops. The curfew, which was imposed in the Valley for the last 79 days, was lifted from all parts of Kashmir on Sunday but restrictions on an assembly of people remained in force in most areas as a precautionary measure.........Read more

India's craft beer Bira 91 is frothing over

Ashish Kothare, head of the Bengaluru chapter of the National Restaurant Association of India and owner of the bar and restaurant Roadhouse, is not much of a beer drinker, and therefore a bit of an oddity in Bengaluru, the so-called pub capital of India. And yet, he remembers Bira 91. “It had a very interesting taste,” says the 60-year-old veteran restaurateur, who sampled the new brand that entered Bengaluru late last year, after being launched in Delhi and Mumbai in April.........Read more

Ishant out of first Test due to illness

Ishant Sharma, recovering from the mosquito-borne viral infection chikungunya, will miss the first Test of the series against New Zealand, which begins on September 22 in Kanpur........Read more

After iPhone 7, iPhone 7 Plus, Apple could ditch 3.5mm audio jack on the MacBook Pro

It's not just the new iPhones, but upcoming Apple products could also come without a 3.5mm audio jack. An Apple questionnaire hints at MacBook Pros losing the audio jack in the near future.........Read more

Domestic tourism expected to attract $8 billion investment

About 144 investors from 70 companies will take part in the event to explore various sectors associated with tourism such as aviation, hospitality, civic amenities, roadways.........Read more

Bhagwant Mann in trouble again! AAP MP threatens journalists, forces them to leave rally

Bhagwant Mann in trouble again! AAP MP threatens journalists, forces them to leave rally - Bashing media at Aam Aadmi Party rally in Bassi Pathana, Fatehgarh Sahib in Punjab, AAP MP Bhagwant Mann instigated party volunteers to throw media-persons out of the venue of a rally on Thursday.........Read more

Who Won What: The complete list of winners at MTV VMAs 2016

Beyonce just created history by clinching the most number of trophies at the VMAs.........Read more

NASA's Fermi mission expands its search for dark matter

Dark matter, the mysterious substance that constitutes most of the material universe, remains as elusive as ever. Although experiments on the ground and in space have yet to find a trace of dark matter, the results are helping scientists rule out some of the many theoretical possibilities. Three studies published earlier this year, using six or more years of data from NASA's Fermi Gamma-ray Space Telescope, have broadened the mission's dark matter hunt using some novel approaches.........Read more

Scientists use oxygen 'scissors' to make freestanding single-atom silicon layer

Much like an overcooked dinner, the next so-called wonder material for next-generation electronics has been 'stuck to the pan' until researchers at the UOW's Institute for Superconducting and Electronic Materials (ISEM) came up with a breakthrough solution.........Read more

Vivek Oberoi donates computers to underprivileged girls

Actor Vivek Oberoi, who has been involved in noble causes like blood donation, pledging to donate his eyes, and has openly voiced his concern over other such causes, has done it once again.........Read more

Asia’s obsession with all things beautiful

Research shows that being attractive helps in life and career, additional reasons why the beauty industry is so focused on Asia........Read more

Serena Williams clinches doubles crown with sister Venus after record Wimbledon singles win

Serena Williams clinches doubles crown with sister Venus after record Wimbledon singles win - Cherry on the cake for Serena Williams as she conquered another magnificent Wimbledon campaign by teaming up with sister Venus.........Read more

Jihad 2.0: How Islamic State has changed global terrorism

In just three years since its emergence as the Islamic State in Iraq and Syria, the group based in Raqqa, Syria, has changed the face of global terrorism and thrown up a set of complex challenges for security agencies around the world.........Read more

Why Tamil Nadu's fisherfolk can no longer find fish

In the first despatch from the state, Scroll's Ear to the Ground project looks at the changes sweeping the coast and its fishing grounds.........Read more

Our demographic dividend could become a nightmare if we don’t focus on labour reforms: Shankar Acharya

In the mid 1980s, during the first burst of reforms, Shankar Acharya came to the finance ministry as an economic adviser. From 1985 to 1990, Acharya saw the turmoil building, but he left on deputation to the World Bank just as the 1991 crisis unfolded.........Read more

Cricket Australia bats for day-night Ashes Test despite concerns by Steve Smith, Alastair Cook

Cricket Australia CEO James Sutherland wants players to remain open-minded about day-night Test matches during the 2017-18 Ashes series in Australia........Read more

Jat stir: 48 companies of paramilitary forces deployed

Ahead of the proposed Jat quota agitation from tomorrow, security arrangements in Haryana have been tightened with the deployment of 4,800 paramilitary personnel and the administration is on high alert.........Read more

A Computer Scientist Who Keeps Our Satellites in Check

Kriti Faujdar finds ISRO a supportive place to work at for a woman – yet can't help but notice that there are not many of them.........Read more

Two New Xbox One Consoles in Development, One Set for E3 2016 Reveal - Report [UPDATE]

Separate report also suggests Microsoft will showcase new streaming devices at E3 in June.........Read more

Sirajuddin Haqqani could succeed Mullah Akhtar Mansour as Taliban leader

Afghan guerrilla commander Sirajuddin Haqqani, a possible successor to Taliban leader Mullah Akhtar Mansour, would likely prove an even more implacable foe of beleaguered Afghan government forces and........Read more