Tag Archives: impact

Cash Crunch, Future Lending Dominate Financial Inclusion Summit 2016

The two-day Inclusive Finance India Summit, formerly known as Microfinance India Summit, concluded on Tuesday with bankers and lenders vowing to stem the cash crunch that is hitting the industry across the country due to demonetisation. Two important reports by organisers Access India were released – The Inclusive Finance State of the Sector Report by Prof M S Sriram (IIM-B) ...

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Demonetisation: Railway Ticket Online Reservation to be Rs.40 Less Until Dec.31, Other Measures at Glance

In view of ongoing cash crunch, the Railway ministry has accepted a proposal to repeal service charges on train tickets booked on its portal irctc.co.in to encourage credit or debit card payments instead of cash by people. However, the facility will be in effect until the end of December 31, 2016. Now train tickets online could save general passengers Rs.40 ...

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IFFI: Cinema in 1946 Portrayed Demonetisation, Recollects Venkaiah Naidu

  M. Venkaiah Naidu, Minister of Information & Broadcasting has recalled the 1946 film titled “Vijayalakshmi” produced in 1946 on demonetisation during the British rule and praised the creativity of the film world reflecting the social concerns. Produced and directed by late B.R.Pantulu which was based on the first demonetization in India and it had brilliantly presented the negative role ...

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RBI May Reduce Rates, Hope Builders

While the nation reels under the impact of non-availability of exchange posed by demonetisation, especially in terms of exchanging the old Rs. 500 and Rs. 1000 notes for new ones, home seekers might just end up with positive gains from the scenario, hope builders, despite being wary of removal of black money. “It looks like being ‘advantage home buyer’ on ...

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India Welcomes Landmark Carbon Pact by 200 Nations at Kigali

India welcomed the Hydroflurocarbon (HFC) Amendment to the Montreal Protocol, agreed to at the 28th Meeting of Parties at Kigali, Rwanda in a move to make climate change talks more effective and fruitful in the future. The Agreement will lead to a reduction of 0.5 degree in global temp by the end of the century and enable India to achieve the ...

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Impact of GST on Small Enterprises Positive: Expert

The GST tax reform can clearly a major landmark in India’s taxation policy since independence with the aim to streamline India’s fragmented tax system with a single levy. The passing of the GST bill is clearly good news for Indian businesses and will provide a huge fillip to the small and medium enterprises, say experts. The goal of GST being ...

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Antarctica Penguins to Disappear by 2100: Study

A NASA-funded study by University of Delaware projected that Adelie penguins across Antarctica will disappear by the end of this century owing to melting caused by climate change. They said approximately 30 percent of current Adélie colonies may decline by 2060, and approximately 60 percent of the present population might be dwindling by 2099. However, the penguins at more southerly ...

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BREXIT: India to Benefit But 2 Years Later

Now that the UK has done what was expected in the last one decade, exiting from the European Union, despite a brave face put up by the Indian government and analysts, the gloomy picture is looming large on the share market that plunged by more than 1,000 points in a single day. The government’s reaction is stereotypic that the economy ...

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How Real Estate Bill Impacts Builders, Agents?

The much awaited the Real Estate (Regulation and Development) Bill, 2015 has been passed by the Rajya Sabha on March 10, 2016. The key points of the proposed bill which is going to benefit property buyers but impact consderably promoters, developers and real estate agents, are as follows: Ø      The Bill requires setting up a new regulator for the real ...

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World Thinnest Micro Lens Discovered, to Revolutionize Nanotech Applications

Australian researchers have created the world’s thinnest lens, thousand times thinner than a human hair, which will revolutionize the nanotechnology frontiners into new smartphones, medical devices and miniature cameras. Led by Yuerui Larry Lu from ANU Research School of Engineering, they discovered the potential of the molybdenum disulphide crystal which fits in the requirement to produce future lenses for visual ...

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Chemotherapy for Breast Cancer Led to New Tumors in 23% Patients: Reveals Russian Study

Russian scientists have found that 23 percent of breast cancer patients who had undergone chemotherapy were back to square one with new formation of tumors. The neoadjuvant chemotherapy in patients with breast cancer can stimulate evolution of the new tumour, said Nicholay Litvyakov of Cancer Research Institute. The scientists analyzed biopsies of women with breast cancer and preparing for operation ...

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Space Debris WT1190F Falls Off Sri Lanka in Indian Ocean

As expected the space debris identified as “WT1190F” has fallen in the Indian Ocean, off the southern tip of Sri Lanka on Friday and most of it was burnt up on re-entry into the atmosphere and failed to entice the spectgators for a night of crackers in the sky. Measuring 3 to 6 feet, the junk was believed to be ...

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Antarctica’s Ice Sheet to Disappear Due to Global Warming, Says Study

Researchers have simulated a futuristic scenario of Antarctica due to global warming to provide a gloomy picture of how the ice-sheet would disappear and the bare deserted land would stare at the mankind. In their study published in the journal Nature, Victoria University’s Antarctic Research Centre and GNS Science researchers provided their simulated findings to predict how the Antarctic ice ...

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Sun Emitted Solar Flare on Oct. 1: NASA

The sun emitted a mid-level solar flare, which reached its peak at 8:13 p.m. EDT on Oct. 1, 2015, said NASA. NASA’s Solar Dynamics Observatory, which watches the sun constantly, captured an image of the event and the solar flares were seen as powerful bursts of radiation. Harmful radiation from a flare cannot pass through Earth’s atmosphere to physically affect ...

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