India Goes Cashless

India Goes Cashless

  ‘Going Cashless’ is now the big buzzword in India, and the ball is rolling as the world’s largest cash economy begins going digital. It has left citizens with mixed emotions because more than half of the country’s population either fears the new system or are unable to comprehend the idea of going cashless. Nevertheless, […]

Quiz #67

1. Which football team has 1. Which football team has  won the 2017 FIFA Confederations Cup? a) Mexico b) Chile c) Portugal d) Germany   2. Who has been appointed as  the new Attorney General of India? a) K K Venugopal b) P J Thomas c) M N Krishnamani d) Rohington Nariman   3. Who is […]

Big banks fail to clear climate test

Soumya Sarkar IANS The world’s biggest banks are continuing to fuel climate change through the financing of “extreme” fossil fuels at a rate that will push the planet beyond the climate change limit agreed upon at the Paris Climate Change Conference in 2015, a new report has found.   In the three years ending December […]

Interpol president calls for unity in facing cyberattacks

SINGAPORE, July 4 (AP): Countries and law enforcement agencies must work together to counter rising threats, especially those in cyberspace, the president of Interpol told a security congress on Tuesday.     In a wide-ranging speech, Meng Hongwei cited the recent outbreak of ransomware WannaCry, which has scrambled data at hospitals, factories, banks, government agencies […]

NKorea launches possibly most successful missile test yet

NKorea launches possibly most successful missile test yet

SEOUL, July 4 (AP): North Korea conducted what may be its most successful missile test yet on Tuesday, firing an intermediate-range weapon that could be powerful enough to reach Alaska. It’s Pyongyang’s latest step in a push for nuclear weapons capable of hitting any part of the United States.   While some details are still […]

The Wall Street Journal shuts ‘India Real Time’ blog

New York, July 4 (IANS): The Wall Street Journal has shut its “India Real Time” blog, becoming the second major US daily to retreat from India-oriented offerings.   “Seven years and crores of clicks later, The Wall Street Journal is winding down the successful blog,” Eric Bellman of the daily’s New Delhi bureau wrote on […]

Southeast Asia: From Miracle To Debacle

Jomo Kwame Sundaram Inter Press Service   The World Bank and other influential international financial institutions and development agencies have been touting Southeast Asian (SEA) newly industrializing countries as models for emulation, especially by African developing countries seeking to accelerate their development transformations. But these recommendations are usually based on misleading analysis of their rapid […]

Ten killed, dozens hurt, in Bangladesh factory blast

DHAKA, July 4 (Reuters): A boiler explosion at a Bangladeshi garment factory killed 10 people and injured dozens, fire officials said on Tuesday, the latest accident to hit one of the world’s biggest garment producers.   The incident late on Monday happened during maintenance work at the factory owned by Multifabs Limited, a Bangladeshi company […]

GOODS AND SERVICES TAX

Dr. Asangba Tzüdir   …And PM Calls it Good and Simple Tax   On July 1, 2017, the whole of India woke up to a new tax regime – the Goods and Services Tax (GST), envisioning a new India through One Nation, One Tax, One Market. While Modi preferred to call it “Good and Simple […]

News in brief

Heartburn drugs may up death risk   New York, July 4 (IANS): Individuals who take drugs that are commonly used to treat heartburn, ulcers and other gastrointestinal problems for a prolonged time may be at an increased risk of death, researchers warned. The findings showed that people taking these drugs called as proton pump inhibitors […]

‘Superficial form and style do not make abstract art’

IANS   Leading Indian art practitioners have contended that the tendency of modernism in art to focus on style and form does not represent the process of abstraction.   At a talk organised by the Raza Foundation on “Abstraction in Art” in the national capital on Sunday (July 2), noted filmmaker Kumar Sahani and animator […]

Consider more time for changing old notes, says SC

New Delhi, July 4 (IANS): The Supreme Court on Tuesday asked the Central government and the RBI to consider, within two weeks, the option of granting time to people with a legitimate reason for not being able to deposit old Rs 500 and 1,000 notes after these were demonetised.   A bench of Chief Justice […]

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