GS-III

Yusaku Maezawa is a fashion tycoon A Japanese billionaire and online fashion tycoon, Yusaku Maezawa, will be the first man to fly on a monster SpaceX rocket around the moon as early as 2023, and he plans to bring six to eight artists along. Mr. Maezawa, 42, will be the …

Fed-up with a growing mountain of stinking disposable nappies, a Dutch firm on Tuesday started building the country’s first recycling plant to turn poo into profit. Plastic from the nappies extracted by the facility in the central Dutch town of Weurt near Nijmegen will have a second life as household …

The rupee closed at a record low against the dollar on Tuesday, declining 47 paise to close the day at 72.98 a dollar due to rising global crude oil prices. Benchmark Brent crude futures rose $1.14 a barrel to $79.19 during the day, after hitting a high of $79.37 in …

Staff have to be informed of benefits of the merger, says Vijaya Bank MD & CEO A day after the mega merger announcement, R.A. Sankara Narayanan , MD & CEO of Vijaya Bank, speaks on the immediate challenges on hand . Excerpts : What benefits do you see from this …

Merger credit positive, will require capital support: Moody’s The government’s proposal to merge three public sector banks evoked mixed response from investors, with Bank of Baroda and Vijaya Bank stocks ending in the red, while Dena Bank shares, which hit the upper circuit, ended with a 19.75% gain. Stocks of …

Political sanctions have no place under insolvency code, says NuMetal NuMetal argued in the Supreme Court on Tuesday that international “political sanctions” against Russia’s VTB Bank had no place in the Essar Steel auction under the Insolvency and Bankruptcy Code (IBC). “In foreign policy, friends become foes and foes become …

Capital markets regulator to issue new circular on KYC norms for foreign portfolio investors The Securities and Exchange Board of India (SEBI) has broadly accepted the recommendations of the H.R. Khan Committee on Know-Your-Client requirements for foreign portfolio investors (FPIs), while lowering the total expense ratio (TER) for open-ended equity …

The Army, which is inducting the indigenously developed Akash short-range surface-to-air missile (SRSAM) system, will get an upgraded variant. The Defence Acquisition Council (DAC) gave its procedural approval to the variant on Tuesday. The Army has already inducted two Akash regiments, and ordered two more last year after a global …

Sells merchandise ahead of 2019 poll One of the main campaign devices of the BJP in the 2014 general election was the volunteer platform of 272+ (the half-way mark in the Lok Sabha), harnessed under various constituency-specific websites. Kicking off the last-mile campaign outreach for 2019, the Prime Minister’s Narendra …

Gujarat, M.P. likely to opt for new payment scheme Despite patchy rainfall in some parts, the Agriculture Ministry has set a foodgrain production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year’s harvest of 284.8 million tonnes. Rainfall deficit during the current monsoon season is …

The State School Arts Festival has been trimmed to three days in December. A meeting of the Quality Improvement Programme (QIP) committee for schools here on Tuesday decided to conduct the festival in Alappuzha from December 7 to 9. Only stage events will be held. Of the 231 total events …

Sex-selective procedure done by nurse A suspected sex-selective abortion, performed by a nurse, proved fatal for a 28-year-old woman, R. Ramuthai, of Uthapanaickanoor, near Usilampatti in Madurai district, on Tuesday. Police suspect the victim, a mother of three girls and seven months pregnant with a fourth child, could have opted …

Around 1,000 farmers from Gujarat, whose land will be acquired for the ambitious Mumbai-Ahmedabad bullet train project, have filed affidavits in the High Court, opposing the land acquisition process started by the State government. The affidavits were filed before a division bench of Chief Justice R.Subhash Reddy and Justice V.M. …

An estimated 6.3 million children under 15 years of age died in 2017, or one every five seconds, mostly of preventable causes, according to the new mortality estimates released by UNICEF, the World Health Organization (WHO), the United Nations Population Division and the World Bank Group on Tuesday. The report …

Artificially intelligent (AI) machines can easily learn racism and sexism from each other, say scientists. Scientists from Massachusetts Institute of Technology and Cardiff University showed that groups of autonomous machines could demonstrate prejudice by simply identifying, copying and learning this behaviour from one another.PTI Source :  https://www.thehindu.com/todays-paper/tp-life/ai-robots-can-develop-prejudice-on-their-own/article24972495.ece

Says a study involving over 19,000 people Taking aspirin daily does not reduce the the chance of heart attack or stroke and has no benefit in prolonging life free of disability, a study has found. Aspirin-related compounds have been used for the treatment of pain since the 16th century B.C., …

Scientists measure their reaction when exposed to oil and natural gas in the water French researchers hoping to get an early warning on pollution in the ocean have found an unlikely ally in a mollusc more often destined for the dinner table. Their findings reveal that much like canaries in …

It uses fuel cells that produce electricity through a combination of hydrogen and oxygen, leaving behind water and steam Germany on Monday rolled out the world’s first hydrogen-powered train, signalling the start of a push to challenge the might of polluting diesel trains with costlier but eco-friendly technology. Two bright …

‘As much as Rs. 36,551 cr. cash recovered’ The Finance Ministry said on Monday that the stock of non-performing assets (NPAs) in public sector banks (PSBs) reduced in the April-June quarter. In a presentation, Rajiv Kumar, Secretary, Financial Services, said the stock of NPAs is ‘no longer rising’ as it …

India better in staff engagement: study The presence of automation in the workplace is making work environments “more human,” according to a global study released on Monday. Firms that invest in robotic process automation or Artificial Intelligence (AI) are witnessing higher performance returns, especially if they also invest in people, …