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# | Title | Description | Image | Date | Source Link |
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1 | Barbados elects Mia Mottley as first woman PM | The Caribbean island of Barbados has elected its first woman prime minister since gaining independence from Britain in 1966. Mia Mottley led her Barbados Labour Party (BLP) to a crushing victory over the Democratic Labour Party (DLP). Ms Mottley, a 52-year-old lawyer, is reported to have once told a teacher at her secondary school that she would become the country's first female PM. The BLP won all 30 seats up for grabs in the House of Assembly. The DLP has governed the popular tourist paradise for the past 10 years, most recently under Prime Minister Freundel Stuart. |
26-May-2018 | News in Details | |
2 | Facebook may launch its own cryptocurrency | A report from Alex Heath of Cheddar news service claims that Facebook is planning to launch its own cryptocurrency. The company is said to be focused on using the platform to make it easier to make payments. However, the company is also said to investigating other ways it could use such a currency and its blockchain technology on its platform. David Marcus is apparently heading a new blockchain division at Facebook "to explore how to best leverage Blockchain across Facebook starting from scratch". One of the people familiar with the plan said that they were very serious about developing a blockchain system which would allow the many users of Facebook to make electronic payments. |
25-May-2018 | News in Details | |
3 | PM Modi, Sheikh Hasina To Inaugarate Bangladesh Bhavan in Bengal's Santiniketan | Prime Minister Narendra Modi, along with his Bangladeshi counterpart Sheikh Hasina, will inaugurate the Bangladesh Bhavan within the campus on Friday. |
25-May-2018 | News in Details | |
4 | Windfall oil tax on ONGC in offing to soften fuel prices | Oil producers would have to part with any revenue they earn from prices crossing $70 per barrel; States may be asked to cut VAT The government may levy a windfall tax on oil producers like Oil and Natural Gas Corp. (ONGC), as part of a permanent solution it is working on for moderating the spiralling retail prices of petrol and diesel. The tax, which may come in the form of a cess, will kick Under the scheme, oil producers, who get paid international rates for the oil they produce from domestic fields, would have to part with any revenue they earn from prices crossing $70 per barrel mark. |
25-May-2018 | News in Details | |
5 | A fast, intelligent, infallible wireless network could transform the world as we know it, and Qualcomm is helping build one | Switching my iPhone’s Wi-Fi radio on and off is something I do by default when I move from one room to the next. I can’t stream HD content to my TV because my PC and NAS are upstairs while my TV is downstairs. I can’t stream games using Steam’s in-home streaming unless I’m using a device in the same room as my router (because that’s the only way I can stream a game at sufficient quality). These are limitations that I’ve grown to expect from traditional Wi-Fi networks. Mesh networks are an option that I did consider, but laziness and a worry of unnecessary complications made me reconsider. A recent chat with Rahul Patel, Qualcomm’s senior VP and general manager for Connectivity, convinced me that this is not a condition I need accept for long. Patel pointed out that the next revolution is around content delivery, whether that happens via the internet or local streaming. He said that what consumers want today is content delivered wirelessly, at any time and anywhere. And it’s not just about content, the ongoing invasion of IoT devices into our lives has ensured that traditional Wi-Fi networks are saturated and pushed to their limits. A solution that Patel was interested in discussing was something called Wi-Fi SON. SON stands for Self Organising Network. In essence, this is a network that takes care of itself, ie, no user intervention is required. In other words, we’re talking about an “intelligent” Wi-Fi network. |
25-May-2018 | News in Details | |
6 | U.S. Disinvites China From Military Exercise Amid Rising Tensions | WASHINGTON — The United States has disinvited China from participating in a multinational naval exercise scheduled for this summer, further escalating tensions with Beijing that have spanned from trade to North Korea to the military. The Pentagon cited China’s rapid military buildup on disputed islands in the South China Sea for withdrawing the invitation for Beijing to participate in the large-scale naval exercise known as Rim of the Pacific, or RimPac. Defense Department officials said on Wednesday that China’s decision to place surface-to-air missile systems and other offensive weaponry on the islands spurred the move. |
25-May-2018 | News in Details | |
7 | NITI Aayog And ABB Join Hands To Make India AI-Ready | NITI Aayog and ABB India have signed a statement of intent (SoI) to support the Indian government realise its ambitious vision of Make In India through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence, said a statement. NITI Aayog will work with ABB to prepare key sectors of the economy, such as the power and water |
25-May-2018 | News in Details | |
8 | India moves one notch up to 44th rank in IMD's competitiveness rankings | India has moved one notch higher, to the 44th place in terms of competitiveness, in the annual rankings compiled by International Institute for Management Development (IMD) which placed the US in the top slot. The Netherlands and Switzerland were the other two nations in the top five slots. This year, though India has moved up to 44th position worldwide, up one rank from last year, it is ranked the 12th most competitive economy out of the 14 Asian countries on the list. |
25-May-2018 | News in Details | |
9 | India, Nepal To Conduct 2-Week Long Military Exercise From May 30 | NEW DELHI: Armies of India and Nepal will carry out a two-week long military exercise from May 30 in Uttarakhand's Pithoragarh region with an aim to deepen counter-terror cooperation. The Indian Army said the 'Surya Kiran' exercise is expected to enhance the level of defence cooperation between the two sides. |
25-May-2018 | News in Details | |
10 | Trump cancels Singapore nuclear summit with North Korean leader Kim Jong Un |
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25-May-2018 | News in Details |