Monthly Archives: December 2018

New 3D-printed robot hand plays piano

Researchers at University of Cambridge programmed it to play a number of short musical phrases Scientists have been building and programming piano-playing robots for decades. But there’s something different about a new robotic hand that tickles the ivories with techniques usually reserved for humans. Rather than relying on a maze …

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What makes chickens happy?

A study on 16 breeds through physical fitness and behavioural tests is underway How do you measure a chicken’s happiness? Is it in the way it runs for food? How much time it spends preening? To size up what might make chickens happy in their brief lives, researchers at the …

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Banksy’s new artwork in Wales

Street artist and social commentator Banksy has apparently popped up in Wales, leaving a new artwork on a garage in Port Talbot that refers the town’s air pollution. A video posted to his official Instagram account on Wednesday afternoon had close-ups of the piece. With the children’s song Little Snowflake …

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Govt. may infuse Rs. 2,345 cr. more in AI

The Centre has sought Parliament’s nod for an additional equity infusion of Rs. 2,345 crore for debt-laden Air India (AI) and a separate sum of Rs. 1,300 crore for a special purpose vehicle (SPV) which houses the national carrier’s debt and non-core assets. Special purpose vehicle The SPV, Air India …

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RBI caps outstanding ECBs at 6.5% of GDP

The Reserve Bank of India (RBI) on Thursday has announced a cap for funds raised via external commercial borrowing (ECB) at 6.5% of the country’s GDP. Based on GDP figures for March 31, 2018, ‘the soft limit works out to $160 billion,’ the central bank said in a statement. Outstanding …

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Panel to review issues start-ups face on tax

The government has decided to set up an expert committee to look into all the taxation issues being faced by start-ups and angel investors, the CBDT said on Thursday. It added that “no coercive action or measures to recover the demands of completed assessment under income tax would be taken” …

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Now, China looks to India as key market

As its trade war with the U.S. intensifies, China has started looking at India as a major market to sell its products and machinery. However, Indian companies want China to share its technology and even partner with them in its growth story rather than treating India purely as a market …

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‘Sandbox policy to support fintech’

Blockchain technology may pose challenge to exchanges, depositories: SEBI The Securities and Exchange Board of India (SEBI) is planning to come up with a ‘sandbox’ policy to support development of financial technologies for the capital market, Chairman Ajay Tyagi said here on Thursday. Mr. Tyagi said he also felt that …

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Rupee hits 69.70 against dollar

Drop in crude oil prices, U.S. Fed stance help currency to strengthen Softening crude oil prices helped the rupee to continue strengthening its momentum for the fourth straight session, appreciating 1% against the dollar. The rupee’s gain is also due to the dollar weakening against all major currencies, as there …

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Sirisena names 30-member Cabinet

Sri Lanka’s President Maithripala Sirisena named a 30-member Cabinet on Thursday to end a crippling seven-week power struggle with his Prime Minister, but only after a final tussle over who should control the police. Mr. Sirisena reinstated Ranil Wickremesinghe as Prime Minister on Sunday after the Supreme Court threw out …

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