As India prepares to launch its Rs 450 crore mission to Mars this year, a top space official says the country's first martian odyssey -- that has attracted some criticism -- is not just for pride but for undertaking "meaningful research".
This demonstration of technology is exciting, as is the fact that it has been done with so little expense, says M N Vahia
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
'Prevention plus vaccination is what is going to take us into better territory by September or October.'
The watchdog says there were lapses in the tests
The United States has labelled a Pakistan-based money changer as a "global terrorist" for providing financial services to the banned Lashkar-e-Tayiba terror group that has been involved in a series of terrorist attacks in India, including the 2008 Mumbai attacks that left 166 people dead.
In defiance of the United States, two Latin American countries -- Venezuela and Nicaragua -- offered asylum to Edward Snowden, leaker of the United States secretive surveillance programme.
Once launched, RJio services will cover over 18,000 towns and over 200,000 villages across all the 22 service areas of the country
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
Amit Singhal had joined Uber in January as senior vice president of engineering after working for 15 years at Google, where he oversaw the internet giant's search efforts.
Clean energy cess to hike cost for power sector.
The new Audi R8 V10 is a super-fast car that is also intelligent
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
With Uber dipping into its generous war chest to subsidise its service, its pampered clientele should sit back and enjoy the ride.
Pune, the city that made it to second spot in the Smart City Challenge competition earlier this year, is not new to the concept.
A Molotov cocktail of lies, abuse and bigotry is blowing up social media.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
Market regulator is trying to build a large team of software experts for efficient monitoring and surveillance
An audio clip of Chhattisgarh CM's son-in-law, Congress' Ajit Jogi and his son Amit, points at their involvement in "fixing" the by poll to an assembly seat last year.
How did Mansoor Peerbhoy, an academically bright, suave and soft-spoken young man, who never exhibited any jihadist tendencies, go on to head the Indian Mujahideen's media cell?
'We referred the case to the attorney general.' 'I told Mukul Rohatgi, "mujhe aap ka honest opinion chahiye".' 'He too said those were different offers.' Trai could not have stopped Reliance even if the Jio offers had been the same, Trai chief Ram Sewak Sharma tells Subhomoy Bhattacharjee.
Young, ambitious workforce learns skill degrees come with no guarantees.
Benchmark indices failed to sustain gains and retreated from day's high dragged primarily by the losses in metals, information technology and bank shares as investors started to book profits in late noon deals. Earlier, markets had scaled fresh all-time highs on the surprise post-budget rate cut by Reserve Bank of India (RBI). The 30-share Sensex ended down 213 points at 29,380 and the 50-share Nifty closed down 74 points at 8,922. Intra-day, Sensex reached the all-time high mark of 30,024.74 while Nifty touched the life-time high level of 9,119.20. In the broader market, both the BSE Midcap index and Smallcap indices, down 1% and 1.2% each underperformed the front-liners. Market breadth in BSE ended negative with 1,882 declines against 1,010 advances. A day after signing an agreement with Finance Ministry on inflation targeting, RBI surprised the markets with an early post-budget repo rate cut of 25 bps (basis points) to 7.5% from 7.75% which was again outside of central bank's scheduled policy review meetings as the earlier rate cut effected on January 15. "RBI's latest rate cut of 25 basis points, while a surprise in its timing is in-line with our expectations of a sharp rate-cutting cycle over the coming quarters. With inflation sustainably lower by 500bps, the RBI has in recent months acknowledged the scope for rate cuts and was only waiting for additional comfort that the government's fiscal policy would not play spoil-sport," said Dinesh Thakkar, chairman and managing director at Angel Broking in a note. Analysts at Karvy believe that further monetary policy action will depend on number of factors including easing of supply constraints, improved availability of power, land, minerals and infrastructure, fiscal consolidation, the pass through of rate cuts by banks and the expected monsoon. Citing weakness in some sectors of the economy and the overall global trend towards monetary easing as rationale for the rate cut the central bank also exuded confidence in the road map for fiscal consolidation as laid out in the Union Budget, 2015. Commenting on how the markets reacted to RBI's surprise move, K Subramanyam assistant vice-president (institutional research), Asit C. Mehta Securities said, "The unexpected cut did take the market by surprise .However, credit off-take is not dependant only on interest rates. A gradual revival in the economy would be of more help which would trigger credit off-take. Hopefully this will follow and RBI's action would prove helpful. From market point of view this is bullish as equity becomes more attractive vis-a-vis falling interest rates." On the macro-economic front, the HSBC services PMI rose to an eight-month high of 53.9 in February up from 52.4 in January indicating strong expansion in output across the sector. Respondents cited robust growth of new business as the principle factor for the increase in activity. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 773 crore on Tuesday, as per provisional data. Buzzing Stocks 9 out of the 12 sectoral indices of BSE ended in red. BSE Metal index, down 2.4% was the top loser followed by BSE Oil & Gas and Power indices, down 1.3% each. BSE Healthcare index, up 1.2% and BSE FMCG index, up 0.9% were the top losers. Bank stocks came under during late noon trades as traders booked profits at higher levels. However, RBI rate cut may encourage large lenders to cut their lending rates boosting demand for home and auto loans and provide funds for various stalled and new projects. Many stalled projects across the country are waiting for cash to restart work. The stock of stalled projects at the end of December 2014 stood at Rs 8.8 lakh crore or 7% of GDP. ICICI Bank ended down 0.1%, Axis Bank and SBI declined over 3% and HDFC Bank shed 1.5%. Sun Pharma gained over 6% on approval granted to Sun Pharma Advanced Research Company (SPARC) by US FDA for an antiepileptic drug. The product will be manufactured by Sun Pharmaceutical Industries at its Halol (Gujarat) facility in India. SPARC was formed in 2007 when Sun Pharma separated out its active projects in drug discovery and innovation into a new company. Dr Reddys Lab and Cipla have gained over 1% each. ITC gained over 1% after consecutive sessions of losses on the proposed larger-than-expected hike in excise duty on cigarettes in the Union Budget. The biggest ever auction of spectrum by the Department of Telecommunications (DoT) started on Wednesday in the morning where government expects to garner Rs 80,000-1lakh crore from the sale of spectrum. Idea Cellular gained over 2%, Reliance Communication gained around 1% and Bharti Airtel closed 0.5% higher. Metal stocks were under pressure in today's session. Hindalco declined over 3%, Sesa Sterliteended down over 4% and Tata Steel closed down 2%. Profit-taking in IT stocks led to Wipro losing around 1.8%, Infosys declining 0.7% and TCS losing 1.5%.
Sensex dull at close, Infosys rules, ITC drags.
Balavidyalaya in Chennai is probably India's only school for the deaf that trains the child and (one) parent for free.
Defence Minister Manohar Parrikar expects to see progress in India-US defence relations at the speed of a year per month.
If Reliance Jio resets the rules of the game with low voice and data tariffs, most incumbents will find themselves back to square one.
Directors that are shareholders will also face more problems.
The rules will affect Indian companies that take most decisions about their foreign subsidiaries.
The success of internal communication depends on its utilisation.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
The car which has a 30 kmph cruising speed, can travel a distance of 150 kms on a fully charged battery.
Retired senior US diplomats Teresita and Howard Schaffer believe the 'US cannot afford to continue restricting its contacts with Narendra Modi.' Rediff.com's Aziz Haniffa reports from Washington, DC.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
'What does Bhagwat think his militia will do once it is at the border?' 'What does Bhagwat imagine his Sangh followers will do that will protect Mother India?' asks Aakar Patel.
'Running a start-up is hard.' 'We almost always will have obstacles.' 'There are two ways to tackle it.' 'We can either take them head on or let them hold you back.'
By removing Avinash Chander last week, the government has chosen to sacrifice the organisation's most potent symbol of success
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
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