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Daily Archives: October 11, 2018

UK prime minister appoints suicide-prevention minister

U.K. now has a Suicide Prevention Minister Britain’s Prime Minister has appointed a Suicide Prevention Minister as part of a national effort to reduce the number of people who take their own lives. Theresa May named Jackie Doyle-Price to the newly created post on Wednesday.AP Source :  https://www.thehindu.com/todays-paper/tp-life/uk-prime-minister-appoints-suicide-prevention-minister/article25185854.ece

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Instagram ramps up battle against bullying

Instagram on Tuesday added more weapons to battle cyber-bullying, using artificial intelligence to scan photos for abusive content at the Facebook-owned service. The move comes after Facebook also increased anti-harassment measures, following a survey which said young victims of online abuse feel social media firms aren’t doing enough to fight …

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Here be sea monsters

Inflatable sculpture takes over rusting warehouse in U.S. A giant sea monster has taken over a building at Philadelphia’s Navy Yard, but only temporarily. The inflatable sculpture titled “Sea Monsters HERE” is at a rusting warehouse called Building 611. It features huge purple tentacles bursting out of windows and reaching …

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Govt. clears closure of 2 jute PSUs

Land Management Agency to dispose assets, says Centre The Cabinet on Wednesday approved the closure of National Jute Manufactures Corporation and its subsidiary Birds Jute & Exports Ltd. “Disposal of fixed assets as well as current assets will be in accordance with the guidelines of DPE dated June 14, 2018 …

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RBI board gets two new directors

Centre appoints Sachin Chaturvedi and Revathy Iyer The government has appointed Sachin Chaturvedi, who heads Delhi-based think tank Research and Information System for Developing Countries (RIS), in place of Nachiket Mor on the central board of the Reserve Bank of India. Revathy Iyer, a former Indian Audit and Accounts Services …

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Banks, NBFCs surge post SBI’s liquidity gesture

Axis, Yes Bank and Kotak Mahindra among top gainers in the Sensex pack In a relief rally of sorts, benchmark equity indices gained more than 1% on Wednesday, a day after the State Bank of India (SBI) said that it would provide liquidity support to non banking financial companies (NBFCs). …

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Electronics policy moots rejig of sops

Focus on easy-to-implement schemes The government on Wednesday released a draft National Electronics Policy under which it is targeting a turnover of $400 billion for the electronics system design and manufacturing (ESDM) sector. “This shall include targeted production of one billion mobile handsets by 2025, valued at $190 billion (approx. …

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RBI has strong reserves to support rupee, says Jalan

‘Central bank has wherewithal to make any intervention’ The current rupee exchange rate situation is different from past instances when the rupee depreciated, since the Reserve Bank of India (RBI), this time, has the wherewithal to make any intervention as and when it wants to, former RBI Governor Bimal Jalan …

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