GS-III

Annual show of zeal grips Manila

Many believe that a historic Jesus statue, paraded every year, brings good fortune Throngs of believers flung themselves at a historic statue of Jesus Christ as it was paraded through the Philippine capital on Wednesday in an annual festival that is one of the world’s biggest shows of Catholic zeal. …

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RBI makes changes in gold scheme

The Reserve Bank of India (RBI) made some changes in the Gold Monetisation Scheme (GMS) by including charitable institutions and the Central government, among others. Apart from individual and joint depositors, the scheme could now be availed by charitable institutions, the Central government, the State government or any other entity …

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Tax threshold among key GST meet agenda

Rate cut for under construction properties, composition scheme for small service providers on cards Some of the key issues likely to be discussed during the 32nd GST Council meeting on Thursday include increasing the Rs. 20-lakh threshold for GST eligibility, reducing tax rate on under-construction properties in a bid to …

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NASA’s probe discovers a new planet

HD 21749b orbits a dwarf star about 53 light years away in the constellation of Reticulum NASA’s latest planet-hunting probe has discovered a new world outside our solar system, orbiting a dwarf star 53 light years away.This is the third new planet confirmed by the Transiting Exoplanet Survey Satellite (TESS) …

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‘Air pollution hampers work productivity’

Besides affecting health, prolonged exposure to air pollution can also reduce employee’s productivity, finds a study. The study showed that daily fluctuations in pollution did not immediately affect the productivity of workers. However, a definite drop in output was witnessed when measured for more prolonged exposures of up to 30 …

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Direct tax collections up 14.1%

Direct tax mop-up grew 14.1% to Rs. 8.74 lakh crore during April-December 2018, the Finance Ministry said on Monday. Refunds amounting to Rs. 1.3 lakh crore have been issued from April to December, 2018, which is 17% higher than refunds issued in the year-earlier period. Advance tax As much as …

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First India-flagged cruise from April

Aimed at contributing to India’s cruise tourism, Zen Cruises, a company promoted by Essel Group chairman Subhash Chandra’s family office, has announced plans to start cruise services on India’s coastline starting April 17. Karnika, the first ship under the Jalesh brand, with a capacity to take 1,900-2,000 people on board, …

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Stand by those jailed for activism: Amartya Sen

It is time to stand by those who are being jailed for activism or persons like Naseeruddin Shah who are raising questions about growing intolerance in the country, Nobel laureate Amartya Sen said here on Monday. “There is growing intolerance compared with the past. Many activists are now jailed as …

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SC notice to EC on VVPAT verification

The Supreme Court on Monday directed the Election Commission to respond to a plea that the counts from electronic voting machines and voter verifiable paper audit trail (VVPAT) units should be cross-verified in at least 30% randomly chosen polling stations in each Assembly and Lok Sabha constituency, especially in light …

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Govt. says GDP to grow at 7.2% for FY19

The government has projected GDP growth for the full year 2018-19 to come in at 7.2%, which implies that growth in the second half of the year would slow significantly to 6.8% from the 7.6% clocked in the first half of the year, according to the first advance estimates of …

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Scientists design tiny ‘magic carpet’

Inspired by the magic carpet featured in the folk tale of ‘Aladdin’, researchers have designed a two-dimensional, shape-changing sheet that moves autonomously in a reactant-filled fluid. The ‘magic carpet’ in tales from One Thousand and One Nights captures the imagination not only because it can fly, but because it can …

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Meet the ‘snowman’ floating in space

Ultima Thule, an icy celestial body, is aptly shaped like a giant snowman, NASA scientists have announced.The first detailed images beamed back from the U.S. agency’s New Horizons mission allowed scientists to confidently determine the body was formed when two spheres, or “lobes,” slowly gravitated towards each other until they …

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