TECHNOLOGY MANGEMENT: News Digest: Why you pay 2 to 5 times the wholesale price

Sunday, July 09, 2017

Today's Headlines

Why you pay 2 to 5 times the wholesale price

Govt: Don't raid traders without prior approval
The government said on Saturday that no tax officer had been authorised to visit premises of traders and shopkeepers without prior permission.

17% of cash seized in raids during demonetisation were in new notes
As much as Rs 110 crore of the Rs 610 crore of unaccounted money seized in raids during demonetisation was in new Rs 2,000 and Rs 500 notes, indicating misuse of windows offered by the government to change old currency.

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Business

RBI amends its order on bankruptcy proceedings
The Reserve Bank of India (RBI) has amended its directive asking banks to initiate bankruptcy proceedings against 12 companies which have failed to repay loans over Rs 5,000 crore as on March 2016.

'Enforcing zero liability norms will be challenging'
The RBI’s new norms require that on being notified by the customer, the bank shall credit the amount involved in the unauthorized electronic transaction to the customer’s account within 10 working days of notification by the customer.

GST fraud: Finance Ministry provides helpline number
Since the roll out of GST, the government has come up with a slew of measures aimed at troubleshooting the hiccups in the implementation of the new tax regime. The latest step taken in this regard is launch of a helpline to deal with 'unscrupulous elements posing as GST officers'.

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Environment

'We've forgotten our culture of environment protection'

France 'to end sales of petrol, diesel vehicles by 2040'
France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, new Ecology Minister Nicolas Hulot announced on Thursday.

Harsh Vardhan to launch plantation drive on July 5
The Union Environment Ministry will launch tomorrow a month-long drive to plant saplings, with minister Harsh Vardhan urging the states to undertake similar initiatives.

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World

US giving $638M aid to Yemen, Somalia, Nigeria, South Sudan
The United States on Saturday announced more than $630 million in aid for Yemen, Somalia, South Sudan and Nigeria, where conflict has helped to cause what the United Nations calls the world's largest humanitarian crisis in more than 70 years.

Mosul victory imminent as Islamic State lines collapse: Iraqi military
Dozens of soldiers celebrated amid the rubble on the banks of the Tigris river without waiting for a formal victory declaration, some dancing to music blaring out from a truck and firing machineguns into the air, a Reuters correspondent said.

Trump seeks consensus on trade, North Korea at summit

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Entertainment

Amy Jackson topless picture is a sight for sore eyes
Actress Amy Jackson Instagram account is full of sensual and sultry pictures that it is sure to turn anyone into a loyal follower. The 25-year-old actress set temperatures soaring with another smouldering topless picture from a photoshoot in Ibiza.

Pic: Sidharth-Jacqueline lock lips
Sidharth Malhotra and Jacqueline Fernandez's upcoming action-romance flick seems to be the hottest thing this season.

Court puts 'Neerja' producers on notice
Neerja Bhanot’s family had filed a case of "criminal conspiracy" against the makers of 'Neerja' last month, adhering to which the Punjab and Haryana High Court has now put them on notice.

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Science

Computer that can read your body language
Researchers at Carnegie Mellon University in the US developed a two-story dome embedded with 500 video cameras that can detect the pose of a group of people using a single camera and a laptop computer.

Mars soil may be toxic to alien life: Study
Researchers at the University of Edinburgh in the UK investigated the behaviour of chemical compounds, called perchlorates, which are found on the surface of Mars. The study also suggests that the effect of perchlorates can be compounded by two other types of chemicals found on Mars' surface, iron oxides and hydrogen peroxide.

Physicists discover new subatomic particle
Physicists at the Large Hadron Collider in Europe announced on Thursday the fleeting discovery of a long theorized but never-before-seen type of baryon, a subatomic particle. Scientists hope that this discovery will help in further explaining a key force that binds matter together.

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Sports

Indian eves play draw with South Africa in HWL Semis
Brilliant goal-keeping by Savita saw India hold hosts South Africa 0-0 in their first match at the Women's Hockey World League Semi Final in Johannesburg on Saturday.

Novak Djokovic into Wimbledon last-16 for tenth time
Three-time Wimbledon champion Novak Djokovic roared his way into the fourth round with a 6-4, 6-1, 7-6(2) defeat of unpredictable Latvian Ernests Gulbis on Centre Court. Djokovic will play France's Adrian Mannarino for a place in the quarter-finals.

Asian Athletics: Sudha wins gold, India still tops medal tally
India clinched one gold through Sudha Singh in women's 3000m steeplechase event and four other medals to maintain their numero uno position on the third and penultimate day at the 22nd Asian Athletics Championships on Saturday.

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Technology

Redmi Note 4 becomes the most-shipped Xiaomi smartphone in India
The revenue growth came as the company shipped a record high of 23.16 million devices in the quarter ended June globally, Xiaomi founder Lei Jun said in a letter to employees on Friday.

Data bundling with smartphones is back, but it's different this time
Experts say the latest bundling tie-ups could work as it’s a win-win for all the parties — handset players, telcos, and of course, customers.

Axis Bank is front runner in the race to buy FreeCharge
FreeCharge was acquired by Jasper in 2015 in a deal estimated at $400-450 mn in what was then the largest acquisition in the Indian startup landscape.

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Education

Submission of NEET score details in Kerala extended till July 8
Those who fail to submit their NEET score details within 5pm on July 8 will not be considered for admission to medical and allied courses in professional colleges in Kerala, said the Kerala commissioner for entrance examination.

Purdue's researchers developed method assesses instructor performance in 'Freeform Classroom'

DU to introduce GST in curriculum

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Mumbai

Case against petrol pump for 'cheating' customer

Haj panel working sans CEO for over a month
The Haj Committee of India, the nodal agency which organizes pilgrimage of over one lakh Indian Haj pilgrims, has been without a full-time CEO for around a month even as the pilgrimage is to start soon.

BMC gets lease terms for Bal Thackeray memorial 6 months late

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Delhi

Youth's throat slit, face bludgeoned in Narela
A 37-year-old man was murdered in a park in Narela on Friday evening. Bhagat Singh’s throat was slit with a sharp weapon and his face was bludgeoned with a heavy rock so that his identity could be hidden.

Sharing a ride on cabs may soon be banned
Soon, app-based cabs may be barred from offering the ride-sharing option to customers in the capital. The City Taxi Scheme, 2017, the draft of which is being finalised by the Delhi government’s transport department, is likely to ban this service as “it’s legally not permitted”.

Delhi Jal Board wall collapse kills cab driver
A 52-year-old man died after a wall of a private school in Sriniwaspuri collapsed on him late on Friday night. Police said that the man worked as a cab driver and was sitting outside the school when the wall collapsed and he was trapped under the debris.

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Bangalore

Snag at BMTC smartcard kiosk delays students
Kempegowda bus station in Majestic to collect their annual bus passes.

Jayanagar 9th Block East residents object to Indira Canteen location

From unresolved plaints to lack of water, woes aplenty for Metro staff

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Hyderabad

Staff crunch: Mecca Masjid security cover not enough
The historic Mecca Masjid has been facing severe shortage of staff. Several pleas to the state government to strengthen the mosque's security staff has fallen on deaf ears.

Four Telugu workers missing in Iraq, last call made from Basra airport
The families of four workers from the state who have gone missing in Iraq since May 14, are a worried lot.

Owners losing orchards for projects to earn more
Orchard owners have something to cheer about despite losing their land for government projects.

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Chennai

Private doctors can now do angioplasty in Tamil Nadu government hospitals
Private sector cardiologists can soon do life-saving stenting and angioplasty in Tamil Nadu government hospitals.

Bid to move 380-tonne 'God Rock' by Tamil Nadu road breaks crane, brings PIL
A monolithic ‘God Rock’, weighing 380 tonnes and measuring 120ft in length and 33ft in breadth, carved out of a Tamil Nadu hillock for the Lord Kothandaramaswami temple near Bengaluru is now stuck in legal tangle.

At 47 per day, Tamil Nadu had second most no. of protests last year
Tamil Nadu was the state with the second highest number of protests in the country in 2016, with 47 protests a day, or 25% of the protests, according to a Bureau of Police Research and Development (BP&RD) report.

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Ahmedabad

World hails heritage of harmony

Citizens take greening into their own hands
On Saturday, thousands of citizens will join hands to make the city greener. The campaign will be kicked off by the mayor, Gautam Shah, who will be taking part at the six housing societies.

Steal a sitaphal, pay Rs 100 as fine

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Allahabad

Cops to snoop on kanwariyas by donning saffron clothes
For kanwar yatra that begins Saturday, police to be deployed on the route - from Sangam city to Varanasi - would be dressed in civilian clothes to mingle with the pilgrims and keep a tab on anti-social elements.

Cops get Vehicle Chassis Identification System van

New ponds in 2,000 villages to collect rainwater
In an attempt to recharge ground water during monsoon, officials of district administration and ground water department have taken up water management lessons with development agencies and other private units.

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Bhubaneswar

The man behind Manpreet's success

Drainage problem in rainy days irks ward 26 residents of Bhubaneswar

Asian Athletics Championships: Athletes on a shopping spree at Bhubaneswar malls

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Bhopal

Upset by low attendance, DEO asks principals to send a photo daily

Farmers' strike, onion glut take away happiness from kids

Buri nazar wale, beware of hawan-happy mayor

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Chandigarh

8 die as truck rams into SUV in Jhajjar
Eight persons on board a Sports Utility Vehicle (SUV) died after the SUV was rammed into be a speeding truck on Chhuchakwas-Gwalison road, near Maraut village of Jhajjar, during late night hours of Friday.

Online transfers of Haryana govt school teachers to start from July 19
The much-awaited transfer drive for teachers working in the state-run schools in Haryana would start from July 19.

Cigarettes worth 5 crore stolen from truck driver
Four men in a car escaped after looting a truckload of cigarette stock worth Rs 5 crore by kidnapping the driver on the intervening night of Wednesday and Thursday.

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