Raghuram Rajan among Asian central bank chiefs eyeing exit in 2016
January 4, 2016
Hong Kong: This year will herald a changing of the guard among some central banks in Asia, right at a time when the region’s economy is facing significant headwinds.
Since taking over the Reserve Bank of India (RBI) in 2013, Raghuram Rajan has made waves.
Many See I.R.S. Penalties as More Affordable Than Insurance
January 4, 2016
WASHINGTON — Clint Murphy let the deadline for getting health insurance by the New Year pass without a second thought.
Clint Murphy, an engineer in Sulphur Springs, Tex., estimated that he would owe a penalty of $1,800 for going uninsured this year, compared with paying $2,900 or more for health coverage.
1 dead, 25 injured after 6.7 magnitude earthquake jolts Northeast India
January 4, 2016
Kolkata: A major earthquake with a magnitude of 6.7 on the Richter Scale rocked Eastern and North Eastern part of India early on Monday morning. At least one person has died and 25 others have been injured in the quake.
The epicenter of the earthquake was at Tamenglong which is located 33 kilometers from Imphal in Manipur.
What Narendra Modi needs to do before we become a start-up...
January 3, 2016
On September 27, 2015, in San Jose in California at the India-US Startup Konnect, Prime Minister Narendra Modi had said, “The mega corporations of today were start-ups of yesterday.” This was briefly one-and-half months after he challenged the start-up community, at a Nasscom event, to build new-generation companies like Facebook and Google out of India.
Flashback 2015: India’s online shopping boom
January 3, 2016
Bengaluru: Technology-driven e-tailers from the virtual world are giving a run for the money to retailers in the real world, as they lure away smart buyers with lower prices, heavy discounts and door-step delivery.
Will make it easier to do scientific research: PM Modi
January 3, 2016
NEW DELHI – Prime Minister Narendra Modi on Sunday told scientists that the government would make it easier to do scientific research in the country and asked them to keep the five principles of economy, environment, energy, empathy, and equity at the centre of enquiry and engineering.
Prime Minister Narendra Modi Source: PTI Photo
Tamil Nadu politics hots up; Jaya asks cadre to ‘destroy rivals’,...
January 2, 2016
CHENNAI, TAMIL NADU – Politics is hotting up in Tamil Nadu as all parties come out of a fairly longish silence on pre-poll alliances. Jayalalithaa is showing up more often but not saying much while the Opposition parties have begun jabbing guardedly.
Terrorists sneaked in from ‘vulnerable’ rear side of IAF base
January 2, 2015
The five Jaish-e-Mohammed terrorists, who were killed in an encounter with security forces on Saturday, seemed to have sneaked in from the rear side of the Pathankot air force base that is spread in 20-km radius.
The area has dense foliage and elephant grass. The spot where terrorists abandoned the Gurdaspur SP Salwinder Singh’s SUV is about 1.5 km from the wall of the air base.
Putin names United States among threats in new Russian security strategy
January 2, 2016
Moscow, Russia – A new appraisal names the United States as one of the threats to Russia's national security for the first time, a sign of how relations with the west have deteriorated in recent years.
Russian President Vladimir Putin holds his annual end of year news conference in Moscow, Russia, Thursday, Dec. 17, 2015.
Bone discovery suggests a mysterious ancient species of human lived alongside...
January 2, 2016
An ancient femur found in a Chinese cave is unlike any bone formerly discovered, suggesting it belonged to a previously unknown human species that lived alongside modern man just 14,000 years ago.
