High expectations riding on new UP Government, says ASSOCHAM

High expectations riding on new UP Government, says ASSOCHAM

New Delhi [India], Mar 18 : Faced with high expectations created by a massive mandate given to the BJP, the incoming Chief Minister of Uttar Pradesh has to meet immediate challenges of ensuring much better electricity supply in the coming summer, give urgent relief to Bundelkhand and find a lasting solutions for arrears of sugarcane farmers, the ASSOCHAM said on Saturday.

The Uttar Pradesh has a sizeable annual budget of about Rs. 3.5 lakh crore with a deficit of about Rs. 50,000 crore. Though there is a scope for bettering the state balance sheet, its fiscal situation is not as bad as some states, the chamber said.

Backed by Venture Catalysts, Beardo set to leapfrog with 45 pct acquisition from Marico

Backed by Venture Catalysts, Beardo set to leapfrog with 45 pct acquisition from

New Delhi [India], Mar 18 : Marico has acquired 45 percent stake of one of the most renowned brands today in the men's grooming segment, Beardo.

The acquisition has happened for an undisclosed amount and the equity is slated to be acquired in the duration of two years, following primary infusion and secondary buy-outs.

Owned by Ahmadabad based Zed lifestyle, Beardo has been funded by Venture Catalyst, the leading seed investment and innovation platform in India.

Forever 21 debuts in West Bengal with first store launch in Siliguri

Forever 21 debuts in West Bengal with first store launch in Siliguri

New Delhi [India], Mar 18 : Forever 21, a leading fast fashion brand from Aditya Birla Fashion and Retail Ltd. debuted in West Bengal with their very first store launch in Siliguri. The brand is focusing on strengthening its foothold in the country by exploring newer markets like West Bengal. Forever 21 is a pioneer in the fast fashion category, which makes it the most preferred fashion destination for young and fashion conscious consumers.

Restoring Pluto's planetary identity in crisis

Restoring Pluto's planetary identity in crisis

Washington D.C. [USA], Mar. 18 : A decade after Pluto was ousted from the planet lineup, a supporter of the now dwarf planet is fighting to restore its title.

Johns Hopkins University scientist Kirby Runyon wants to make one thing clear: Regardless of what one prestigious scientific organization says to the contrary, Pluto is a planet.

So, he said, is Europa, commonly known as a moon of Jupiter, and so is the Earth's moon, and so are more than 100 other celestial bodies in our solar system that are denied this status under the prevailing definition of "planet."

Absence of specific protein in brain may cause OCD: Study

Absence of specific protein in brain may cause OCD: Study

Washington D.C. [USA], Mar. 17 : A team of German researchers has discovered that absence of a specific protein in regions of the brain may be the major cause of obsessive-compulsive disorder (OCD).

Around two percent of the general population suffer from some kind of OCD, at least once in their life, where a person suffers from persistent intrusive thoughts by repetitive ritualised behaviour.

"We were able to show in mouse models that the absence of the protein SPRED2 alone can trigger an excessive grooming behaviour," said Professor Kai Schuh from the Institute of Physiology at the Julius-Maximilians-Universitat (JMU) Würzburg in Germany.

Jugnoo's demand grows by 100 pct in Coimbatore after others suspend services

Jugnoo's demand grows by 100 pct in Coimbatore after others suspend services

New Delhi [India], Mar 17 : Jugnoo, a hyper local startup, power-driven by its vast auto rickshaw network, today announced that the demand for its services doubled in Coimbatore. The announcement came soon after Uber suspended its auto rickshaw services in the city.

The aggregator had shut down their auto operations in the bustling cities of Coimbatore and Indore on Monday and Thursday respectively, following which Jugnoo's services witnessed this spike in demand. With Jugnoo's vast network and increasingly popular services across Tier II and Tier II cities, this was an expected trend for the brand.

Get married, plan a holiday and more with a Bajaj Finserv personal loan

Get married, plan a holiday and more with a Bajaj Finserv personal loan

New Delhi [India], Mar 17 : When it comes to life experiences, few can match what travel has to offer. No matter who you accompany and what destination you visit, the returns from a trip are likely to be impressive. But there is so much to see all over the world, where do you start? And more importantly, how to pay for your travels?

Think of a Personal Loan to meet your travel needs.

Wedding expenses

A wedding is one of the happiest occasions in the family. The preparations and the ceremonies are one big riot of emotion and celebration. And it is obvious that you would want this once-in-a-lifetime event to be the biggest celebration of your life. But big celebrations usually involve big money.

Naturopathy- a way to a new, healthier lifestyle

Naturopathy- a way to a new, healthier lifestyle

New Delhi [India], Mar. 16 : Living in harmony with nature can help us improve our overall health in ways more than we can imagine.

Today people across the world are struggling with increasing health issues, rising healthcare costs and dipping immunity and vitality levels. A significant contributor to this worldwide epidemic is the poor lifestyle followed by people all over.

There are alarming trends that should make us sit up and take notice:

- As per a WHO study done in 2014 over 52% of adults worldwide were overweight or obese;

- By 2020 India will have the highest number of Diabetics in the world;

- 28 percent of obese women worldwide develop ovarian cysts; alarming rise in India;

Beware! Your YouTube video viewing history can be tracked

Beware! Your YouTube video viewing history can be tracked

Washington D.C. [USA], Mar. 16 : Beware before watching that video on YouTube as your viewing history and other internet video platforms can be tracked, suggesting that video encryption is not as secure as we once thought, warns a study.

According to researchers, gaps in YouTube's encryption enable both government intelligence agencies, hackers and internet marketers to determine videos you watched.

Intelligence agencies could access this technology for tracking terrorists or other suspicious individuals.

Despite YouTube's attempts to safeguard user anonymity, intelligence agencies, hackers and online advertising companies can still determine which videos a user is watching.

AIFW AW '17 brings glimpse of Indonesia on stage, courtesy Novita Yunus

AIFW AW '17 brings glimpse of Indonesia on stage, courtesy Novita Yunus

New Delhi [India], Mar. 16 : The national capital, yesterday, saw a small glimpse of the Indonesian Fashion at the Amazon India Fashion Week Autumn-Winter 2017, courtsey designer Novita Yunus.

NY, by Yunus, is a premium brand of Batik Chic, created under the framework of 2013 Indonesia Fashion Forward program of Jakarta Fashion Week 2014.

Her collection, titled 'Bumi-Langit,' prepared for Amazon India Fashion Week 2017, is inspired by the idea of balancing colour palettes of the autumn leaves and cold winter sky.

Speaking on the same to the media here, Novita said, "My concept is Bumi-Langit. It's an Indonesian language, meaning the sky and the Earth. Sky symbolizes the sun and the earth symbolises the eco-print I use, using the leaf material from Indonesia."

Very little volatility in Indian market post Fed rate hike: Arvind Subramanian

Very little volatility in Indian market post Fed rate hike: Arvind Subramanian

New Delhi [India], Mar 16 : Hailing the decision of the US Fed to overnight increase the funds rate to a target range of 0.75 percent to one percent, Chief Economic Adviser Arvind Subramanian on Thursday said that it was anticipated with a probability of 100 percent and added that this move should not be seen as a surprise.

Talking about the affect of the rate hike on the Indian market, Subramanian said there is very little volatility in the market, adding there is, however, pressure on the rupee to strengthen in the coming weeks.

"There is very little impact on India and Indian rupee in terms of capital outflows because export numbers have been good so far," added Subramanian.

Snapdeal, Japan Trade Organization tie-up to bring Japanese products to India

Snapdeal, Japan Trade Organization tie-up to bring Japanese products to India

New Delhi [India], Mar 16 : Online marketplace Snapdeal on Thursday announced its partnership with Japan External Trade Organization (JETRO) for an exclusive partnership to showcase products from popular SME brands from Japan on Snapdeal.

Customers can now purchase JETRO products across various categories including electronic devices, accessories, kitchenware and personal care directly from Snapdeal.

The partnership is a step forward for Snapdeal in its quest to expand its portfolio with international brands which are acclaimed for excellence in their product quality and standards. Via the partnership, JETRO also hopes to create a niche space for these companies and their products in the Indian market as well as reach out to a huge customer base of over thousands of Indians.

US-India Business Council convenes innovation driven expansion of healthcare access in India

US-India Business Council convenes innovation driven expansion of healthcare

New Delhi [India], Mar 16 : The US-India Business Council (USIBC) in partnership with the Ministry of External Affairs, and Invest India convened policymakers, global experts, industry leaders, and relevant stakeholders on March 14, 2017 in New Delhi for a conference entitled, "The 2nd Annual Conference on Innovation Driven Expansion of Healthcare Access in India".

"India has proven to be a leader in the global life sciences space," said Dr. Mukesh Aghi, President of USIBC. "If the barriers to increasing R&D and innovation are removed, India has the potential to rank up even higher in the areas of IPR, disease prevention, and drug and medical device manufacturing."

NEC joins US Department of Homeland Security "AIS" Initiative for Sharing Cyber Threat Indicators

NEC joins US Department of Homeland Security "AIS" Initiative for Sharing Cyber

New Delhi [India], Mar 16 : NEC Corporation (NEC; TSE: 6701) today announced its participation in the "Automated Indicator Sharing" (AIS) initiative implemented by the United States Department of Homeland Security (DHS) that swiftly shares cyber threat indicators between the government and the private sectors, aligning technologies and human resources in the cyber security businesses and bolstering cyber intelligence as an important source of information.

US Fed raises rates at March meeting with high expectations of economy boost

US Fed raises rates at March meeting with high expectations of economy boost

New Delhi [India], Mar 16 : The Federal Reserve on Wednesday increased its benchmark interest rate a quarter point amid rising confidence that the economy is on the path of robust growth.

It for the second time in three months that the Fed has increased its interest rates, which is widely anticipated by the financial markets as it has taken the overnight funds rate to a target range of 0.75 percent to one percent and set the Fed on a likely path of regular hikes ahead.

"The market was bracing for a much more hawkish tone from the Fed. The early reaction looks to be one of relief, that the market's worst fears were averted," said Michael Arone, the chief investment strategist at State Street Global Advisors.

GST implementation: Govt. announces compensation to states for five years

GST implementation: Govt. announces compensation to states for five years

New Delhi [India], Mar 16 : The Goods and Services Tax (GST) Council headed by Finance Minister Arun Jaitley on Thursday announced the panels' consensus on significant issues including fixing the threshold limit for registration and full compensation for five years to the states for losses on account of the GST implementation.

The GST Council is expected to endorse the remaining two crucial bills including the State GST (SGST) and Union Territory GST (UTGST) here today.

The Council's nod will act as another decisive step in the run up to the implementation of the overhauled tax regime from July 1.

Trubore, a new inception for a popular brand in Mumbai

Trubore, a new inception for a popular brand in Mumbai

New Delhi [India], Mar 16 : 17th of January 2017, was the day when the city of Madurai observed Trubore's maiden launch event called Tru-Go. This event empowered the brand to enter into the pan-India market. Despite its familiarity in the South, Trubore took a rebirth in a completely bold new form. The company revealed its new-age logo in a spectacular fashion at the event, attended by over 300 dealers and distributors from across Tamil Nadu.

Google Maps 'transit feature' now enabled in seven more Indian cities

Google Maps 'transit feature' now enabled in seven more Indian cities

New Delhi [India], Mar 16 : Google India on Thursday announced expansion of the transit feature on the Google Maps to seven more Indian cities including Chandigarh, Lucknow, Vadodara, Indore, Mysore, Surat and Coimbatore.

The new transit feature will help users better plan their commute around the city, and make it easier to get an overview of public transportation around them.

With today's update, the transit feature is now available in sixteen Indian cities including the new ones.

"Google Maps is your guide to the world around you, and this launch is part of our effort to reflect the real world and provide you with relevant information about your surroundings," said product manager Google Maps, Sanket Gupta.

NASA's Van Allen Probes uncovers 'relativistic' electrons

NASA's Van Allen Probes uncovers 'relativistic' electrons

Washington D.C. [USA], Mar. 16 : Earth's radiation belts, two doughnut-shaped regions of charged particles encircling our planet,were discovered more than 50 years ago, but their behaviour is still not completely understood.

Now, new observations from NASA's Van Allen Probes mission show that the fastest, most energetic electrons in the inner radiation belt are not present as much of the time as previously thought.

The results show that there typically isn't as much radiation in the inner belt as previously assumed, which is good news for spacecraft flying in the region.

SBI, CREDAI sign MOU towards development of Real Estate Sector

SBI, CREDAI sign MOU towards development of Real Estate Sector

New Delhi [India], Mar. 16 : The State Bank of India (SBI) and the Confederation of Real Estate Developers' Associations of India (CREDAI) on Wednesday inked a Memorandum of Understanding (MOU) to jointly conduct various initiatives towards the development of the Real Estate Sector for a period of three years.

SBI and CREDAI have a common objective of providing housing for all.

Each of them will leverage their individual strengths and collaborate in areas which will be beneficial to the sector and the consumers at large.

The MOU was exchanged between Rajnish Kumar, Managing Director SBI and Geetambar Anand, President CREDAI at the CREDAI National Conclave held in Delhi on March 6 and March 7.

Union Minister Venkaiah Naidu was also present for the occasion.

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