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Cabinet gives post-facto nod for India-Denmark MoU on dairy |
The Cabinet today gave a post-facto approval for the memorandum of understanding (MoU) between India and Denmark in the field of animal husbandry and dairy.
The MoU, which was signed on April 16, 2018, aims to develop bilateral cooperation in the field of animal husbandry and dairying for the purpose of broadening the existing knowledge base on dairy development and institutional strengthening, an official statement said.
Under the agreement, a joint working group consisting of representatives from both the countries will be created to formulate joint programmes, facilitate cooperation and consultation and subsequent evaluation.
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30-Jun-2018 |
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Canada hits back at U.S. with tariffs on metals, bourbon, orange juice |
OTTAWA, Canada – Canada hit back at the United States on Friday, June 29, with retaliatory tariffs on American summertime essentials including Florida orange juice, ketchup and Kentucky bourbon in its opening salvo in a trade war with President Donald Trump.
As temperatures and tensions increase, the measures targeting Can$16.6 billion (US$12.6 billion) in US steel, aluminum and consumer goods will take effect on Sunday, when Canadians celebrate a national holiday and just days before Americans celebrate Independence Day amid a heatwave expected in both countries.
The tit-for-tat duties are a response to the punishing US steel and aluminum tariffs imposed at the start of June. Ottawa also unveiled Can$2 billion (US$1.5 billion) in aid for the two sectors and their 33,500 workers. |
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30-Jun-2018 |
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India Outclass Ireland By 143 Runs To Win Series 2-0 |
Team India once again thumped Ireland by a mammoth 143 runs clinching the T20I series 2-0. Spin duo of Yuzvendra Chahal and Kuldeep Yadav once again tormented through the Irish batting line-up picking up 6 for 37 together and bundled out the hosts for 70 in 12.3 overs. Chasing a daunting total of 214, Ireland never seemed to be in the game.
Umesh Yadav, in his T20I comeback game, picked up Paul Stirling and William Porterfield in successive overs. Debutant Siddarth Kaul too picked up his first international wicket in form of James Shannon. Post the quick bowling spell, the wrist spin duo of Chahal and Kuldeep took over and picked wickets in quick succession. Irish middle order tumbled like a pack of cards as most batsmen could not even muster double digits scores. |
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30-Jun-2018 |
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Suresh Prabhu launches mobile app ReUnite to trace missing, abandoned kids |
Commerce and Industry Minister Suresh Prabhu on Friday launched a mobile application — ReUnite — to trace missing and abandoned children in India. “This effort to reunite parents whose children have gone missing is a wonderful use of technology to address real life social challenges,” he said.
The app is multiuser where parents and citizens can upload pictures of children, and provide detailed description like name, birth mark, address, report to the police station, search and identify missing kids. |
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30-Jun-2018 |
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FACEBOOK, GOOGLE, MICROSOFT ACCUSED OF VIOLATING GDPR LAWS WITH UNETHICAL POLICIES |
Facebook, Google and Microsoft have been accused of failing the General Data Protection Regulation (GDPR). Apparently, the platforms have been using “dark patterns” in order to manipulate users into accepting privacy policies they don’t necessarily wish to agree with.
According to the Norwegian Consumer Council (NCC), Facebook, Google and to some extent Microsoft, are running consumers out of privacy-friendly options on their services in an "unethical" way.
In a recently released 44-page report, NCC explains that these dark patterns include "privacy intrusive default settings, misleading wording, giving users an illusion of control, hiding away privacy-friendly choices, take-it-or-leave-it choices, and choice architectures where choosing the privacy-friendly option requires more effort for the users". |
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29-Jun-2018 |
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ICICI Bank appoints Girish Chandra Chaturvedi as non-executive part-time chairman |
ICICI Bank board on Friday approved the appointment of Girish Chandra Chaturvedi as the non-executive part-time chairman, effective from July 1, 2018.
Chaturvedi is an IAS officer, from the 1977 batch and retired as the country's oil secretary in January 2013.
The bank board, according to reports, is also likely to appoint one of the four shortlisted former bureaucrats as their chairman. |
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29-Jun-2018 |
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Pakistan placed on 'grey list' by FATF |
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In a blow to Pakistan, the Financial Action Task Force has placed it on the 'grey list' for failing to curb anti-terror financing despite Islamabad submitting a 26-point action plan and launching a concerted diplomatic effort to avert the decision, officials said on Thursday. The decision was taken late on Wednesday night at the global financial watchdog Financial Action Task Force's (FATF) planery session in Paris where finance minister Shamshad Akhtar represented Pakistan, according to official sources.
The FATF is an inter-governmental body established in 1989 to combat money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The announcement comes a day after Pakistan submitted a comprehensive 26-point action plan to the FATF to choke the funding of militants groups, including Mumbai attacks mastermind Hafiz Saeed-led JuD and its affiliates, to avoid being blacklisted by it.
The placement on the 'grey list' could hurt Pakistan's economy as well as its international standing.
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29-Jun-2018 |
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SBI MD Sriram resigns amid IDBI stake sale buzz |
SBI managing director B Sriram has resigned from the country’s largest lender after his appointment as chief executive of IDBI Bank, sources said. The development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt ridden state-owned bank.
The government last week appointed Sriram as managing director and CEO of IDBI Bank for a temporary period of three months.
He has put in his papers and his resignation from the board of SBI has been forward to Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi for acceptance, sources said, adding the competent authority will take a final call on the matter.
Sriram took charge of IDBI Bank on June 22 following M K Jain demitting office to take over as Deputy Governor of RBI. The ACC approved the appointment of Sriram as MD and CEO of IDBI Bank for three months with effect from M K Jain’s demitting office, said an order issued last week by the Department of Personnel and Training.
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29-Jun-2018 |
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Google Doodle Celebrates Prasanta Chandra Mahalanobis' 125th Birthday |
Today is noted applied statistician and scientist Prasanta Chandra Mahalanobis' 125th anniversary and in honor of this occasion Google has dedicated its today's doodle by Nishant Choksi to him.
He was born on 29 June 1893 in West Bengal and graduated from King's College, Cambridge.
Mr Mahalanobis is known for his pioneering work in statistics and is most often remembered by the "Mahalanobis distance", a way of measurement used in population studies and was one of the members of the first Planning Commission of India. He was also awarded one of the highest civilian awards, the Padma Vibhushan by the Government of India.
India's second five year plan (1956-1961) which laid heavy emphasis on the development of the public sector and rapid industrialization also followed the Mr Mahalanobis model which emphasizes the importance of building a strong domestic consumption goods sector, which was crucial to the nascent Indian economy and had a lasting impact on the nation's development. |
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29-Jun-2018 |
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APPLE AND SAMSUNG FINALLY SETTLE THE SEVEN YEAR OLD IPHONE DESIGN PATENT DISPUTE |
Apple and Samsung Electronics Co Ltd on 27 June settled a seven-year patent dispute over Apple’s allegations that Samsung violated its patents by “slavishly” copying the design of the iPhone.
Terms of the settlement, filed in the US District Court for the Northern District of California, were not available.
In May, a US jury awarded Apple $539 million, after Samsung had previously paid Apple $399 million to compensate for patent infringement. Samsung would need to make an additional payment to Apple of nearly $140 million if the verdict was upheld.
How much, if anything, Samsung must now pay Apple under the 27 June settlement could not immediately be learned.
An Apple spokesman declined to comment on the terms of the settlement but said Apple “cares deeply about design” and that “this case has always been about more than money.” A Samsung spokeswoman declined to comment. |
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28-Jun-2018 |
News in Details |