Sunday, August 31, 2014

Raghuram Rajan interview: ‘I’m no Bond. I’m a banker on the move’

Raghuram Rajan, 51, was brought in as the RBI governor a year ago when the rupee was in free fall. After winning the rupee volatility battle, he set in motion reforms to extend banking to all and raise the bar for corporate governance among lenders. His biggest challenge is to reform RBI. In an hour-long interaction with Mayur Shetty & Sidhartha ofTOI, Rajan says he's trying to get maximum impact with minimum change. When...

ప్రముఖ దర్శకుడు బాపు కన్నుమూశారు

ప్రముఖ దర్శకుడు బాపు కన్నుమూశారు. ఆయన ఆదివారంనాడు చెన్నైలోని మలర్ ఆస్పత్రిలో తుది శ్వాస విడిచారు. గుండెపోటు రావడంతో ఆదివారం ఉదయం ఆయనను ఆస్పత్రిలో చేర్చారు. బాపు మార్క్ సినిమాకు ప్రపంచవ్యాప్తంగా గుర్తింపు ఉంది. బాపు అసలు పేరు సత్తిరాజు లక్ష్మినారాయణ. ఆయన 1933 డిసెంబర్ 15వ తేదీన పశ్చిమ గోదావరి జిల్లా కంతేరులో జన్మించారు. బాపు తల్లిదండ్రులు సూర్యకాంతమ్మ, వేణుగోపాల రావు. మద్రాసు విశ్వవిద్యాలయం నుంచి పాపు లా పట్టా పుచ్చుకున్నారు. ముళ్లపూడి రమణ, బాపు...

This Is How ISIS Is Building An Airforce

The Islamic State is nothing if not ambitious. Despite no record of current 'airplane' assets in their annual reports, ISIS has begun detaining and forcing Syrian pilots to train militant fighters to fly stolen aircraft. According to CNN Arabic, the pilots (and their planes and helicopters) were abducted when the terrorist group gained control of Tabqa military base. It appears that if beheadings, executions, and whippings are not...

India better prepared for US Fed Reserve rate hikes: RBI Governor Rajan

 India is better prepared to handle the impact of interest rate increases in the United States as foreign funds are less likely to desert the country due to signs of an upturn in economic growth, the Reserve Bank of India (RBI) chief said in an interview published on Sunday. RBI Governor Raghuram Rajan's comments to the Times of India came on the heels of U.S. jobs data which has heated up speculation over when the Federal Reserve is...

Indian recruits for global jihad: Why Modi must start deradicalisation effort

 “I’m an engineer, but I want to be a ‘Jihadi’ first.” This could be the next service-on-offer from a section of Indian Muslim youth, if one goes by the National Investigation Agency’s (NIA) dossier allegedly mentioning that more than 300 Indian youth have been recruited by Pakistan-based Tehreek-e-Taliban. What is alarming is the fact that the Tehreek-e-Taliban has joined hands with the ISIS (Islamic State of Iraq and Syria), now also calling...

Petrol price cut once more by Rs 1.82 per litre; diesel hiked by 50 paise

 Petrol price was on Saturday cut by Rs. 1.82 a litre, the third reduction in rates this month, but diesel rates were hiked by 50 paise per litre. The revised rates are effective from midnight Saturday, oil companies announced. With international oil rates on the decline, petrol price was cut by Rs. 1.51 a litre, which after including local sales tax or VAT translated into a reduction of Rs. 1.82 a litre in Delhi. Petrol in Delhi will...

Pakistan crisis: 1 killed as Imran Khan, agitators march towards Nawaz Sharif's house

More than 300 people were injured as Pakistani police battled throngs of protesters demanding the resignation of Prime Minister Nawaz Sharif with tear gas, batons and rubber bullets outside the prime minister's official residence and the adjacent parliament building. Pakistani policemen fire tear gas shell at protesters near Nawaz Sharif's residence in Islamabad on Saturday. AFP Tehreek-ek-Insaf chief Imran Khan responded saying the Sharif...

The Star-Shaped Sand Grains on the Beach of Iriomote Island, Japan

The star-shaped sand grains are found along the coast in the Indian Ocean and the Pacific Ocean. This is one of the most unusual types of sand in the world. However called sand but actually they are different from ordinary sand lot, it is the bones of one species of protozoa in the ocean, over millions of years of fossil skeletons and mixed with sea sand. So it looks very much like the spiky star. The local people believe that the star sand...