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21 September 2017
Octlantis: The underwater city built by octopuses OCTOPUS _ The alien with whom we share our planet, The octopus is known for its high intelligence in comparison to other marine life, a coeval evolutionary life form whose slithery slipperiness and more than the requisite number of limbs (each of which contains its own “brain”) symbolise the dark mystery and fear of the deep. Have you heard about the city Atlantis , which is a fictional island mentioned in Plato’s words . This is near ancient Athens in Greece . You will be surprised to know that even animals can form…
20 September 2017
CHAKMAS AND HAJONG: CITIZEN OR STILL REFUGEES? Terming the Supreme Court's 2015 order to grant citizenship to around 1 lakh Chakma and Hajong refugees living in Arunachal Pradesh as "unimplementable", union minister of state for home Kiren Rijiju said on Tuesday that government will appeal to the apex court to modify it. WHO ARE THEY- Chakmas and Hajong were originally inhabitants of the Chittagong Hill Tracts of erstwhile East Pakistan (now Bangladesh) who were systematically forced out of that country. First they were displaced from their original homesteads because of the Kaptai hydroelectric dam on the Karnaphuli river in the…
19 September 2017
A Struggle that stretched for decades If not the only, but the battle over Narmada dam can be definitely considered as one of the important historical events of the last two decades due to the fact that the movement continued to challenge the hegemony of the ruling class, despite facing many oppressions even at the cost of their dignity. Why Narmada Dam project is most historical event The project had been first inaugurated in 1961. A dream project of Sardar Vallabh Bhai Patel. The project caused to displace a number of villages thereby suffering a large number of people with…
19 September 2017
SARDAR SAROVAR DAM: ENGINEERING MIRACLE PM dedicates Sardar Sarovar Dam to the nation; attends closing ceremony of Narmada Mahotsav at Dabhoi Prime Minister Narendra Modi on Sunday dedicated to the nation the Sardar Sarovar Dam over the Narmada river, almost 56 years after its foundation stone was laid. The event coincided with Modi’s 67th birthday. The Prime Minister said the Statue of Unity would be a fitting tribute to Sardar Patel, and would draw tourists from all over. He recalled freedom fighters from tribal communities, who fought against colonialism. The Sardar Sarovar Dam is a gravity dam on the Narmada…
18 September 2017
Understanding the slowdown Indian economy is slowing down, GDP growth has lost momentum. With every passing quarter, the slowdown is explained away either as a transitory phenomenon or as happening for reasons beyond the government’s control: deficient rains, the sluggish world economy, or lately due to demonetization and the goods and services tax (GST). Understanding the four engines of the economy: Four engines powered the economy during the boom years: exports, government investments, private consumption, and private investments. Of these, government investments and private consumption are still running But private investments and exports have lost momentum and their numbers are…
16 September 2017
Income-tax department to launch Project Insight in May 2017 Project Insight aims to effectively use vast amount of information available with the income-tax department more effectively to track tax evaders Project Insight: The Government has signed a contract with L&T Infotech Ltd., regarding ‘Project Insight’.The aim of this project is to observe and check high-value transactions, and track tax evaders with the help of technology to restrict black money holdings.The project will use data mining and big data analytics technologies to find tax evaders from social media platforms by calculating mismatches between their spending pattern and income generated. This will…
16 September 2017
Sunday Case Study A former employee who was fired due to poor quality work, absences, and lateness related to her drinking problem, informs you that she has applied for a position at another company and has already given your name as a reference. She desperately needs a job (she is a single parent with three children), and she asks you to give her a good recommendation and not mention her drinking, which she assures you is now under control. You doubt that she really has overcome her drinking problem, however, and you would not recommend your own company hire her…
15 September 2017
Shinzo Abe in India: Citing Nehru, Japanese PM resolves to be ‘friend of India forever’ Japanese Prime Minister Shinzo Abe expressed his resolve to be a friend of India forever, citing the way his grandfather, the first Japanese Prime Minister during his visit to India was moved by the then Indian PM Jawaharlal Nehru after World War II. The Prime Minister of Japan even stated that Japan and India share a longstanding friendship and aspiration to achieve a prosperous future. He added, those of you who are here today will turn a new chapter in the history of our friendship.…
12 September 2017
SEBI has taken stringent measures against credit rating agencies Recently Securities and Exchange Board of India (SEBI) has drafted new regulations for credit rating agencies in India. This decision has come after SEBI Securities default even after getting good ratings from credit rating agencies. For ex- in 2015 Amtek Auto securities failure.it is to enhance their governance, functioning and accountability. Restrict cross shareholding amongst agencies without regulatory approval to 10% Increasing minimum net worth required for agencies from 5 crores to 50 crores. At least five years experience for promoters of agencies. Spin off of on core operations of rating…
11 September 2017
Indian Navys All - Woman Team Sets Sail from Goa to Circumnavigate Globe Defence Minister Nirmala Sitharaman said that Navika Sagar Parikrama was a historic occasion for India and hailed the all-woman crew which is on a global circumnavigation trip. She further added that wherever needed the Defence Ministry will be more than willing to support and encourage women to take up opportunities in the defence sector. India’s first full-time woman Defence Minister, flagged off the Navika Sagar Parikrama at the INS Mandovi Naval training base near Panaji, Goa Chief Minister and former Defence Minister Manohar Parrikar was also present.…