AUGUST 6, 2018
Robert Redford | Photo Credit: Special Arrangement
Veteran Hollywood star Robert Redford has announced his retirement from acting, saying The Old Man & The Gun would be his last film. The 81-year-old star said he is making good on his 2016 promise about hanging his boots as an actor.
“Never say never, but I pretty well concluded...
AUGUST 6, 2018
Despite cracking down on corrupt road contractors, Vijay Pingale was shifted from Chennai Corporation
Vijay Maruti Pingale, a 2004 batch officer of the Tamil Nadu cadre, joined the civil services because he wanted to reform governance from within the system. But after 14 years of trying, the civil servant, who holds an MBBS degree, has decided to throw...
AUGUST 6, 2018
Knee-jerk reaction: Post-PNB scam, the RBI had banned LoUs and LoCs without much consideration, the panel said.
Discontinuation of the facility has resulted in 2-2.5% increase in cost of credit: Parliamentary panel
The Reserve Bank of India’s decision to discontinue the issuance of Letters of Undertaking (LoU) and Letters of Credit (LoC) for trade credit was a “knee-jerk reaction”...
AUGUST 6, 2018
Team Shakti at work on the microprocessor project at IIT-Madras. | Photo Credit: M. Karunakaran
Microprocessor developed by the institute’s computer scientists is fabricated by Intel
These are the kind of chips that India always wanted, but could not make. Now, computer scientists and a student team from the IIT- Madras have developed the first of a family...
AUGUST 6, 2018
PepsiCo Chief Executive Officer Indra Nooyi. | Photo Credit: Kamal Narang
Nooyi, 62, who has been with the company for 24 years, will continue as chairman of the board until early 2019.
PepsiCo Inc on Monday said Indra Nooyi would step down as Chief Executive Officer (CEO) after 12 years at the helm, and named president Ramon Laguarta...
AUGUST 6, 2018
FILE PHOTO - U.S. President Donald Trump and North Korea's leader Kim Jong Un shake hands during the signing of a document after their summit at the Capella Hotel on Sentosa island in Singapore June 12, 2018. Susan Walsh/Pool via Reuters/File Photo
SEOUL - North Korean state media on Monday urged the United States to drop sanctions, as...
AUGUST 5, 2018
Chinese President Xi Jinping attends a signing ceremony with King Abdullah II bin Al Hussein of Jordan at the Great Hall of People on September 18, 2013 in Beijing, China. - Getty
BEIJING, CHINA - Rumours have swirled in Beijing in recent weeks that China’s seemingly invincible leader, Xi Jinping, is in trouble, dogged by a protracted...
AUGUST 5, 2018
After a rather dramatic experience at Mike Cook’s Top Speed Shootout in Bolivia, the Hunter Sills Racing team is walking away with an official speed record (pending FIM ratification) and an unofficial speed record.
The HSR team broke the record for fastest speed achieved on a 1,000cc naturally aspirated four-cylinder partially streamlined motorcycle (very specific, yes, but still...
AUGUST 5, 2018
The Goods and Services Tax (GST) Council on Saturday cleared a pilot project to offer digital incentives, in the form of cashback of 20 per cent of GST paid on business-to-consumer transactions using RuPay and BHIM platforms, subject to a cap of Rs 100 per transaction.
Revenue shortfall concerns and issues being faced by micro, small and medium...
AUGUST 4, 2018
After working together on Jio Payments Bank, Reliance Jio and the State Bank of India have decided to widen the scope of their partnership to online banking services and loyalty programmes.
After working together on Jio Payments Bank, Reliance Jio and the State Bank of India have decided to widen the scope of their partnership to online banking...
