World’s top eight tycoons have fortune of £349.8bn ($421.75bn), Oxfam finds The planet’s poorest 3.6billion people have the same sum between them Bill Gates tops the list with Amancio Ortega second and Warren Buffett third Report released to coincide with meeting of global elite in Swiss ski resort Davos The eight richest billionaires have as much wealth as half the world’s population. Analysis by Oxfam shows the tycoons have together […]

The limit on withdrawal from current accounts has been enhanced to Rs 100,000 per week. In a major relief, the Reserve Bank on Monday more than doubled the daily ATM withdrawal limit to Rs 10,000 but retained the weekly ceiling at Rs 24,000. RBI however doubled the weekly withdrawal limit from current accounts to Rs 100,000 from Rs 50,000 – a move which will ease cash position of small traders. […]

Seems Amazon is up for yet another controversy a few days after the e-commerce giant apologised for the sale of Indian flag-themed doormats after Foreign Minister Sushma Swaraj’s tough warning to the company. This time, on its US portal, Amazon has put up flip flops with Mahatma Gandhi’s face on it. Some Twitter users have highlighted the issue and also tagged Prime Minister Narendra Modi, Ministry of External Affairs and […]

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Animals can also be capable of emotions and react in ways that could be described as ‘humane’ Feeling empathy and bereavement are not exclusively human experiences. Footage filmed for BBC’s Spy in the Wild series has revealed that animals can also be capable of emotions and react in ways that could be described as ‘humane’. It shows a troop of langur monkeys in India mistaking a robotic camera that resembled […]

A sudden move by banks to levy a 1% transaction fee on card payments at petrol pumps has taken the oil ministry by surprise and prompted dealers to say they will stop accepting plastic money from midnight, which could cause inconvenience to consumers in times of cash shortage and affect the government’s move to encourage cashless transactions. In Delhi, ministry officials said they were unaware of the move by the […]

All our actions and everything we desire have to do with eventually being happy. Our goals and objectives in life are a way of seeking happiness and contentment in different forms. Most of us believe that happiness is attained when something significant happens in life or we associate it with various types of indulgence. Momentary and materialistic gains are usually considered the source of a satisfied life. The more we […]

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Prime minister Narendra Modi  is addressing the nation in a television broadcast on the New Year’s Eve. In his speech, he has highlighted the performance of his government in 2016 and also outlined the priority areas for 2017. The following are the excerpts of his speech: – PM Modi concludes his speech. – As we welcome the New Year, lets come together to build a bright future of the country: PM Modi […]

Israel has warned that tourist targets are under ‘immediate risk’ in India The threat referred to the ‘south-west of the country’, which includes Goa India is a popular destination for young Israelis after finishing military service Israel criticised recently by John Kerry for building of settlements in West Bank Israel has issued severe travel warnings for India, citing an ‘immediate and severe’ risk to Western tourists. India has been the […]