Archaeologists unearth 2000-year-old carving in Jerusalem Israel on Tuesday unveiled a stone pillar engraved with an ancient inscription showing that the spelling of Jerusalem in its present-day Hebrew form was already in common use some 2,000 years ago. During construction work in February in Jerusalem, archaeologists unearthed the pillar with …
Read More »Monthly Archives: October 2018
Japanese tycoon makes plans for training before moon trip
Billionaire Yusaku Maezawa says he has received “safety guarantees” from Musk Billionaire Japanese tycoon and future space tourist Yusaku Maezawa’s training to go the moon should not be too tricky, he joked on Tuesday, adding that he planned to use free time from his six-hour work day to squeeze it …
Read More »Google’s new phones boast wider screens, better camera
Tech giant also unveils Pixel 2-in-1 tablet and a connected Home Hub speaker Google’s new Pixel phones mirror the industry trend moving the devices toward lusher, bigger screens and add new twists on the camera for taking better selfies and other pictures. The Pixel phones have barely made a dent …
Read More »Foreigners snap up Istanbul’s iconic waterfront mansions
novels and more recently through modern Turkey’s hugely successful TV soap operas They are among Istanbul’s most iconic sights — magnificent waterside mansions strung out along the Bosphorus as the waters of the strait dividing Europe and Asia lap almost at their front doors. Once the preserve of the Ottoman …
Read More »Govt. hikes interest for gratuity funds to 8%
The Centre has notified a higher interest rate of 8% for the non-government provident, superannuation, and gratuity funds, effective from October 1. The interest rate on these funds has been raised from 7.6%. The move comes on the back of a hike in small savings rates — by up to …
Read More »IMF projects India growth at 7.3% in 2018
India is projected to grow at 7.3% in 2018 and 7.4% next year, the International Monetary Fund (IMF) said on Tuesday, predicting that the country will regain the tag of the world’s fastest growing major economy this year, surpassing China with more than 0.7 percentage points. In 2017, India had …
Read More »Rupee hits fresh low, ends at 74.39 against $
Weakens for sixth straight session The rupee weakened against the dollar for the sixth straight session, as the currency hit a fresh low amid strengthening of the greenback. The rupee declined 33 paise against the dollar to end the day at 74.39, which is a record low. The rupee opened …
Read More »JSW Energy to revive 240 MW hydro project at Rs. 2,500 crore
JSW Energy is planning to revive its 240 megawatt (MW) hydro power project in Chamba district of Himachal Pradesh at a cost of Rs.2,500crore. The plant, conceived in2007, was put on hold as the company could not have a long-term power purchase agreement (PPA) with the buyers. Government tender “The …
Read More »SBI to triple asset purchase from NBFCs
State Bank of India (SBI) has decided to triple the target for loans it purchases from non-banking finance companies (NBFCs). The move is expected to provide much-needed liquidity to these entities. SBI had earlier planned to buy Rs. 15,000 crore worth of portfolio from NBFCs. It has now decided to …
Read More »WhatsApp builds payments data system for local storage
Payment service, in pilot mode, to expand countrywide Ahead of the October 15 deadline to comply with RBI’s data localisation norms, Facebook-owned Whatsapp said it had built a system in India to store payments related data locally. “In response to India’s payments data circular, we’ve built a system that stores …
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