- Technology
European Space Agency launches satellite to observe exoplanets around the Earth
Paris, France– The European Space Agency (ESA) launched a new satellite aboard a Russian Soyuz rocket that will orbit around the Earth. According to TechCrunch, the satellite, called Characterising Exoplanet Satellite (CHEOPS), will have a better view of nearby stars that were previously deter
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Govt eyeing to collect Rs 1.10 lakh crore monthly GST, sets target
New Delhi, India– The Department of Revenue is eyeing to collect at least Rs 1.10 lakh crore as monthly Goods and Services Tax (GST) collection for the next four months each. According to sources in the Finance Ministry, Revenue Secretary Ajay Bhushan has asked members of Central Board of Indi
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NEFT transaction facility available 24×7, says RBI
New Delhi, India– A bank account holder can now transfer any value of money online anytime with the Reserve Bank of India (RBI) allowing the National Electronic Funds Transfer (NEFT) facility available for 24 hours a day throughout the year starting Monday. Prior to this, people could transfer
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Sanjiv Kapoor steps down as Vistara’s Chief Commercial Officer
New Delhi, India– Vistara’s Chief Commercial Officer (CCO) Sanjiv Kapoor has resigned from the post, the airline said on Monday. The company said that Kapoor had stepped down from his post last month. His last working day with the airline will be December 31. In a statement, Vistara said
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Coal Ministry to set up sustainable development cell for environmental mitigation measures
New Delhi, India– The Ministry of Coal has decided to establish a Sustainable Development Cell (SDC) in order to promote environmentally sustainable coal mining in the country and address environmental concerns during the decommissioning or closure of mines. This move gains significance as the
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Deposit traction visible in SFBs but improvement in other aspects awaited: Ind-Ra
Mumbai Maharashtra India Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 per cent growth in branches
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Sushil Modi replaces FM Nirmala Sitharaman as head of GoM on IGST
New Delhi, India Deputy chief minister of Bihar Sushil Modi has replaced Union Finance Minister Nirmala Sitharaman as the head of the Group of Ministers (GoM) on the Integrated Goods and Services Tax (IGST) according to the GST Council. Inadvertently Sitharaman was mentioned as the chairperson of th
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M.I.C.E IN UZBEKISTAN
Uzbekistan is not only the Pearl of the East with its colourful sights and amazing oriental cuisine however also the leading Central Asian region in the field of business tourism. Business tourism in Uzbekistan is able to provide extensive opportunities to strengthen business ties, create new relati
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Plex announces new ad-supported streaming service
California [USA], Dec 5: Plex is introducing its own ad-supported streaming service in a bid to take on The Roku Channel and other similar services that allow users to stream movies and TV for free. According to TechCrunch, Plex’s service will feature several thousand movies and shows from stu
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New tool to make Internet memes convenient for visually impaired people
Washington D.C. [USA], Dec 2: In a new study researchers have developed a tool that will enable visually impaired people who find it difficult to understand memes, to enjoy them. Researchers at Carnegie Mellon University have developed a tool to automatically identify memes and apply prewritten temp
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Maruti Suzuki’s institute trains 15,000 tribal youth, makes them employable
Vadodara (Gujarat) [India], Nov 28: Maruti Suzuki India Ltd said on Thursday that it has successfully trained 15,000 tribal youth in driving training and made them employable as part of its corporate social responsibility programme. These students were trained at the company’s All Gujarat Inst
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Bank of Baroda denies allegations of corruption in South Africa operations
Mumbai (Maharashtra) [India], Nov 22: Bank of Baroda (BoB) has denied allegations by British Labour Party politician Peter Hain that the bank facilitated corruption in South Africa under the rule of former President Jacob Zuma. Hain told an inquiry panel last week that HSBC, Standard Chartered and B
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Delhi High Court halts asset sale of Reliance Capital
New Delhi [India], Nov 21: Delhi High Court has placed a restriction on the sale of assets belonging to Anil Ambani-led Reliance Capital which is reeling under mounting debt. “The court has passed an order placing restrictions on any sale, disposal or creation of any encumbrance on any assets
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Researchers design games for autonomous vehicles owners
Washington D.C. [USA], Nov 19: Researchers have designed multiplayer games that occupants of autonomous vehicles can play with other players in nearby self-driving cars. A new study, led by researchers from the University of Waterloo details three games created for level three and higher semi-autono
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GMR’s Q2 loss widens to Rs 457 crore despite higher revenue
New Delhi [India], Nov 15: GMR Infrastructure Ltd has reported a consolidated net loss for the second fiscal quarter ending September at Rs 457 crore against Rs 334 crore in the corresponding period of previous fiscal. This was despite gross revenues moving up to Rs 2,018 crore from Rs 1,904 crore i
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Panasonic develops new battery management technology
Osaka [Japan], Nov 14: Panasonic announced on Thursday that it has developed a new battery management technology which measures the Electrochemical Impedance of multi-cell stacked batteries. The technology is expected to be applied to various devices that use lithium-ion battery modules with many ba
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Google to soon offer checking accounts with banks
California [USA] Google is expanding its presence in the financial domain by preparing to offer checking accounts to consumers. As TechCrunch reports, the service, called ‘Cache’ will be in partnership with banks and credit unions to offer the checking accounts, with the financial and co
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ABB India clocks PBT of Rs 113 crore in Q3 FY20 after reform measures
Bengaluru (Karnataka) [India], Nov 13: Power and automation technology major ABB India on Wednesday reported a profit before tax of Rs 113 crore and profit after tax of Rs 79 crore during the July to September quarter of current fiscal year (Q3 FY20). The company follows a January to December fiscal
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Apple to release AR headset by 2022: Report
California [USA] The next product to come from Apple’s AR division will be a headset, according to the latest reports. Apple is expected to release the AR headset in 2022 while the AR Glasses would release in 2023, Engadget reported. The purported AR headset is speculated to resemble an Oculus
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