In a press statement dated November 10, the CPI(Maoist) announced that the party’s general secretary Mupalla Laxman Rao alias Ganpathy has “withdrawn from his responsibilities” and the new general secretary is Nambala Kesava Rao alias Basavaraju. It is the first time in the party’s 14-year history that a change is taking place in the top … Continued
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What factors influence crude oil price? Global demand for oil, decisions by major producing nations to raise/ cut supplies and the global political environment are key to oil prices. What is the recent trend in crude oil prices? Prices have swayed from above $160 per barrel in June 2008 to about $35 in January 2016. … Continued
Words by Pak PM Pakistan’s Army and political leadership are on “one page” to take dialogue with India forward, said Pakistan’s Prime Minister Imran Khan at the ground-breaking ceremony for the Kartarpur corridor, where Pakistan’s Chief of Army Staff General Qamar Bajwa was also present. Thanks to Indian leaders Speaking to an audience that included … Continued
Governor administration has cleared a proposal to treat J&K Bank as PSU. How that happened, what it means: What has changed at J&K Bank? On November 22, a day after Governor Satya Pal Malik dissolved the Assembly, the State Administrative Council under his chairmanship approved a proposal for treating Jammu and Kashmir Bank (J&K Bank) … Continued
Reserve Bank of India Governor Urjit Patel batted for autonomy of the institution in strong terms in his deposition before the Parliamentary Panel on Finance. Mr. Patel made a presentation on the impact of demonetisation and the status of non-performing assets in the banking sector. Key points made by RBI Governor Mr. Patel made three … Continued
Leading scientists in the field have for long been calling for a “global pause” on clinical applications of the technology in human beings, till such time as internationally accepted protocols are developed. A Chinese researcher, He Jiankui of Southern University of Science and Technology in Shenzhen, created an international sensation with his claim that he … Continued
NASA’s waist-high unmanned lander, called InSight, touched down on Mars, capping a nearly seven-year journey from design to launch to landing. What is the objective of InSight? The dramatic arrival of the $993 million spacecraft — designed to listen for quakes and tremors as a way to unveil the Red Planet’s inner mysteries, how it … Continued
Extent of damage caused It is now becoming clear that Cyclone Gaja is a major disaster, and its economic impact in Tamil Nadu is comparable to that of the tsunami of 2004. The devastation suffered by tens of thousands of people in several districts of the State has been severe, going well beyond the annual … Continued
What is the Implants Files investigation? It is a global examination of the medical device industry and its overseers. The International Consortium of International Journalists (ICIJ) and a team of more than 250 reporters and data specialists from 58 news organisations in 36 countries examined hundreds of cases to investigate various aspects of the medical … Continued
The Confederation of ATM Industry has said the regulatory changes will make it impossible for ATM service providers to meet the cost of compliance. The ATM industry thinks there is no option but for banks to step in to bear the load. ATM (automated teller machine) service providers said changes in the regulatory landscape had … Continued