Monthly Archives: October 2018

Decoding the Rafale controversy

The opacity in the Rafale deal only raises doubts, with its fallout on national security and the ‘Make in India’ programme The controversy over Prime Minister Narendra Modi’s decision to go in for an outright purchase of 36 Rafale fighter jet aircraft, after scrapping the old negotiations, is unlikely to …

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Lord of the universe

The only worthwhile goal to be attained by all is moksha and the only path is renunciation, say the scriptures. Hence, only when a jivatma gives up attachment to the world does he become qualified to be selected to the most exalted and coveted status, the state of liberation, pointed …

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MIT plans to set up a college for AI

The Massachusetts Institute of Technology is taking a particularly ambitious step, creating a new college backed by a planned investment of $1 billion. Two-thirds of the funds have already been raised, MIT said, in announcing the initiative on Monday. The college, called the MIT Stephen A. Schwarzman College of Computing, …

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Hawking’s book warns about superhumans

Humans have no option but to leave the earth Stephen Hawking’s final work, which tackles issues from the existence of God to the potential for time travel, was launched on Monday by his children, who helped complete the book after the British astrophysics giant’s death. Hawking was forever being asked …

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Same-sex penguin couple incubate egg

Two male penguins who have paired up as a “same-sex couple” have become so good at nesting that zookeepers in Sydney have given them a real egg to look after. Sea Life Sydney said they had been watching “inseparable” gentoo penguins Sphen and Magic become a “great team” during this …

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Kids feeding on ‘digital junk food’

Streaming giants are exposing them to unsuitable content, say TV programme makers With YouTube replacing Disney as the most-loved brand among young children in the U.S., and streaming giants encouraging binge viewing, a whole generation risk being brought up on cultural junk food, some of the world’s top kids television …

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‘Climate change brews trouble for beer lovers’

If you crave for a pint of beer at the end of a hard day, brace yourself: climate change is poised to make your favourite drink more scarce and pricey. Heatwaves and droughts will periodically cause sharp declines in barley yields, a crucial ingredient in most beer, according to a …

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Kreditech gets NBFC licence

Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in the Indian financial history for digital lending business and app-based financing, the Germany-based company said in a release on Monday. Kreditech’s product suite for India will offer individualised direct-to-consumer loans as well as …

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Rupee slides on rising crude prices

The rupee snapped its three-session gaining streak to end 26 paise lower at 73.83 against the dollar on Monday after crude prices rose amid intensifying geopolitical tensions. Dealers said a spurt in dollar demand from importers dragged down the domestic currency. At the Interbank Foreign Exchange (Forex), the rupee opened …

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