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Category : News

Snake eats wallaby on Australian golf course
News

Snake eats wallaby on Australian golf course

Saheli 13 Dec 2016 633 Views

Australian golfers have watched a 4m scrub python swallow a wallaby at a course in Far North Queensland. The incident happened on the 17th fairway at Paradise Palms Golf Course in Cairns at the weekend. The scrub python, Australia’s longest snake, often ambushes prey by hiding in trees or long ... Read More »

RBI keeps rates unchanged on demonetization, US Fed rate concerns
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RBI keeps rates unchanged on demonetization, US Fed rate concerns

Saheli 10 Dec 2016 734 Views

The six-member monetary policy committee (MPC), headed by the Reserve Bank of India (RBI) governor Urjit Patel, on Wednesday unanimously decided to keep the policy rate unchanged at 6.25 per cent, considering the “heightened uncertainty” of volatility related to US rate hike and the local demonetization drive. RBI also withdrew ... Read More »

Manmohan Singh’s warning to Narendra Modi: Is demonetisation already a ‘mammoth tragedy’?

Saheli 10 Dec 2016 779 Views

The choice of words of Manmohan Singh, former prime minister and an economist, for his column in The Hindu on demonetisation impact on India’s economy, beginning with the title, Making of a mammoth tragedy, should worry the average Indian. Even if one tends to discount the politics of Singh’s article, the former ... Read More »

Who knew? Modi’s black money move kept a closely guarded secret
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Who knew? Modi’s black money move kept a closely guarded secret

Saheli 10 Dec 2016 858 Views

Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India’s financial circles, to spearhead a radical move to abolish 86 percent of the country’s cash overnight and take aim at the huge shadow economy. Hasmukh Adhia, the bureaucrat, and five others privy to the plan were sworn to ... Read More »

Economic and political risks of India’s demonetization

Saheli 10 Dec 2016 781 Views

CANBERRA – On Nov. 8, Prime Minister Narendra Modi announced that 500- and 1,000-rupee notes (1,000 rupees is about $15) were no longer legal tender; people were given 50 days to deposit them in bank accounts or exchange them for new notes at banks and post offices — when only ... Read More »

Italy PM Matteo Renzi delays resignation until budget is passed
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Italy PM Matteo Renzi delays resignation until budget is passed

Saheli 05 Dec 2016 779 Views

Outgoing Italian PM Matteo Renzi has agreed to stay in power until the Senate passes its 2017 budget in the coming days, the president says. Mr Renzi formally resigned after his heavy defeat in a constitutional referendum a day earlier, but the president requested the delay. President Sergio Mattarella will ... Read More »

Oakland fire: Death toll rises to 36 and ‘will increase’
News

Oakland fire: Death toll rises to 36 and ‘will increase’

Saheli 05 Dec 2016 639 Views

Officials have said 36 people are now confirmed dead from a fire at a warehouse party in Oakland, California, and have opened a criminal inquiry. Eleven victims have already been identified, with the families of those still missing being asked to submit DNA samples to investigators. Crews have suspended body-recovery ... Read More »

33 Bodies Recovered in Oakland Warehouse Fire; Search Continues
News

33 Bodies Recovered in Oakland Warehouse Fire; Search Continues

Saheli 05 Dec 2016 607 Views

Searchers have recovered 33 bodies — some of them teens 17 years old or possibly younger — from a fire-ravaged warehouse in Oakland, California, that housed artist studios and was hosting a dance party when the deadly blaze broke out, officials said today. Sgt. Ray Kelly of the Alameda County ... Read More »

Amazon unveils plans for grocery shop with no checkouts
News

Amazon unveils plans for grocery shop with no checkouts

Saheli 05 Dec 2016 681 Views

Amazon has revealed plans for a grocery shop without a checkout process, where customers will instead pay for the goods they have selected via an app. The Just Walk Out shopping experience uses the same types of technologies found in self-driving cars. The system detects when items are taken or ... Read More »

Quiz of the week’s news
News

Quiz of the week’s news

Saheli 02 Dec 2016 688 Views

If you missed last week’s 7 days quiz, try it here Picture credits: Reuters; PA; EPA; Getty [Source:-BBC] Read More »

IS group to step up attacks on Europe – Europol
News

IS group to step up attacks on Europe – Europol

Saheli 02 Dec 2016 750 Views

Europol has warned that militants from so-called Islamic State (IS) will aim to step up attacks on European targets, as they face defeat in the Middle East. The European police force says more foreign fighters will try to come back to Europe, and “several dozen” capable of attacks could already ... Read More »

US unemployment rate falls to nine-year low
News

US unemployment rate falls to nine-year low

Saheli 02 Dec 2016 783 Views

The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month. Figures from the Labor Department showed the US economy created 178,000 jobs in November, while the jobless rate fell to 4.6% from 4.9% in October. The data ... Read More »

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