Researchers claim to have found Ziklag, where ‘David took refuge from king Saul’ Researchers in Israel said on Monday they have pinpointed the site of an ancient Philistine town mentioned in the biblical tale of David seeking refuge from the Israelite king Saul. Ziklag was then under the rule of …
Read More »Daily Archives: July 9, 2019
Put off by U.S., Chinese students eye elsewhere
Japan, S. Korea, Europe to be beneficiaries Caught in the crossfire of the U.S.-China trade war, Chinese students are looking for alternative study destinations — threatening to turn off an important source of revenue for American universities. China accounts for nearly a third of foreign students on U.S. campuses who …
Read More »India’s indigenous cinema is going places
Four films on Indian communities are showing at the ongoing International Indigenous Film Festival of Kuching, Malaysia Niranjan Kujur’s Dibi Durga is a unique short film about a day in the life of an indigenous woman. In its duration of a mere six minutes, it manages to encapsulate the sheer …
Read More »Museum starts ‘live’ restoration of Rembrandt masterpiece
‘Operation Night Watch’ aims at preserving the painting for future generations Amsterdam’s famed Rijksmuseum will on Monday begin the biggest ever restoration of Rembrandt’s The Night Watch , erecting a huge glass cage around the painting so the public can see the work carried out live. The multi-million-euro overhaul of …
Read More »Tea Board to set minimum auction price,
Exports to Iran may touch 30 mn kg Tea Board of India is planning to set a floor price for the sale of tea at auctions. It is also planning to take about 100 million kg of tea away from India’s output basket in a bid to prop up the …
Read More »FPIs press the panic button on tax surcharge
Are taxed as per individual tax slabs The government may well have targeted high-income individuals while proposing a tax surcharge but that has taken a toll on foreign investors in the Indian capital market. According to experts, a large number of foreign portfolio investors (FPIs) in India operate through a …
Read More »Public, private sectors have to invest: Garg
‘Bulk of investment from govt. firms’ The government hopes to get investments from public sector companies as well as the private sector, according to Finance Secretary Subhash Chandra Garg. Mr. Garg said that the government’s own contribution to gross capital formation was small and so, in the unlikely event that …
Read More »RBI board finalises ‘Utkarsh 2022’
Three-year road map to improve regulation, supervision The Reserve Bank of India (RBI) board, which met in New Delhi, finalised a three- year roadmap to improve regulation and supervision, among other functions of the central bank. This medium term strategy — named Utkarsh 2022 — is in line with the …
Read More »Despite global challenges, 3M India remains bullish
India is an important talent contributor to our global leadership in the U.S., says Ramadurai Minnesota-based 3M Company, that manufactures more than 60,000 products for homes, schools, enterprises, governments and hospitals, may be staring at a barrage of market challenges. These include flagging demand for cars and smartphones, growing end-market …
Read More »‘Financial system has surplus liquidity’
Repo transmission taking 2-3 months against the 6 months earlier, says Das The financial system is “hugely surplus” with liquidity, Reserve Bank of India Governor Shaktikanta Das said on Monday, adding that this would facilitate better transmission of rate cuts implemented by the central bank. “You have to keep in …
Read More »