India to be Guest Country at St. Petersburg International Economic Forum.
India is invited as the Guest country for the upcoming 2017 St. Petersburg International Economic Forum which was scheduled to be held in 2017.
Prime Minister Narendra Modi will attend the St Petersburg International Economic Forum (SPIEF). India & Russia are working on the ''bilateral aspect'' during Modi’s visit to Russia.
The SPIEF is an international economics and business event held annually with the participation of the President of the Russian Federation.
1 crore houses to be build by government for homeless by 2019.
Finance Minister Arun Jaitley announced that the government will construct 1 crore houses for the homeless and those living in kuchha houses by 2019, while presenting the Union Budget.
He further announced an increase in the allocation for the Prime Minister Awas Yojana to Rs. 23,000 crore from Rs. 15,000 crore, aiming to provide housing for all by 2022.
ISB tops list of B-schools in India: FT Ranking.
INSEAD is the best B-school in the world for the second consecutive year in the Financial Times Global MBA ranking of the best 100 programmes for 2017.
Indian School of Business (ISB) has been ranked best from India.
Other than ISB, Indian Institute of Management (IIM) Ahmedabad, IIM-Bangalore and IIM-Calcutta were the other top schools finding a mention in the best 100 programmes worldwide.
While the ISB has jumped two places to the 27th rank, IIM-A has slipped five places to 29th position this year as against the year before.
February 2India Economic Survey backs Universal Basic Income.
The Economic Survey 2016-17 tabled in Parliament has advocated for the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty.
It suggests that a more efficient way to help the poor will be to provide them resources directly, through a UBI. It will be an efficient substitute for a plethora of existing welfare schemes and subsidies.
A basic income is a form of social security in which all citizens of a country regularly receive an unconditional sum of money, either from a government in addition to any income received from elsewhere. It is based on the principles of universality and unconditionality.
Wind turbine breaks world record for 24-hour energy generation.
Denmark-based MHI Vestas Offshore unveiled a prototype 9-megawatt wind turbine which broke the world record for energy generation over a 24-hour period by a single turbine.
The 220-metre-tall V164 turbine, considered as the world's biggest wind turbine in production, achieved 2,16,000 kilowatt-hours over 24 hours, which is reportedly enough to power an average Indian household for over 200 years.
February 3In 2016 India recorded highest domestic air passenger growth.
India recorded the highest growth of 23.3 per cent in domestic air travel demand worldwide for the second year in a row in 2016, by the International Air Transport Association.
India was followed by China, which recorded about half of India's domestic air passenger volume growth. All major markets except Brazil showed growth, but India and China were stand-out performers, by IATA.
In latest BWF rankings Saina rises to ninth, Sindhu sixth.
Following her victory in the Malaysia Masters, Indian shuttler Saina Nehwal has gained one place in the latest BWF rankings to take the ninth position.
Rio Olympics silver medallist P.V. Sindhu has retained her sixth position after clinching the Syed Modi International Badminton Championship. Notably, Sindhu continues to be the highest-ranked Indian shuttler in the women's singles category.
February 4Google Ranked top Brand among Global 500 Brands.
In the latest Global 500 rankings of most valuable and powerful brands across the globe, GoogleSundar Pichai’s Google has surpassed Apple to achieve the top position.
The Brand Finance Global 500 lists published in, 2017 had featured Apple as the top brand for continuous five years.
February 6UN Agency Calls for International Collaboration on Wheat Rust to Curb Threat to Global Supplies.
According to a new study conducted by scientists in collaboration with the UN Food and Agricultural Organization (FAO), two new groups of wheat rust have been identified that posed threat to wheat produced in Africa, Asia and Europe in 2016.
As per the data, the two new groups have been identified as yellow rust and stem rust. The finding calls for the need for early detection and rapid action to keep the fungus under control.
The study was published in the Journal Nature. It's that wheat rusts spread rapidly over long distances by wind.
February 7Over 90 per cent of users buy gutka easily, shows cancer study.
The Tamil Nadu tobacco Survey for 2015-16 has found that 47 per cent of current tobacco users consume it within 30 minutes of waking up.
The survey also found that despite an official ban on the manufacture of tobacco products in the State over 90 per cent of those surveyed reported no difficulty in procuring the banned gutka products. They did not mind paying twice the price to purchase the banned product.
For the survey, the Cancer Institute interviewed 1,11,363 individuals from among 28,64,400 tobacco users over the age of 15 in 32 districts in the State.
The survey revealed that the consumption of tobacco was now 5.2 per cent. The use of tobacco was the highest in the district of Pudukottai at 19.9 per cent while it was lowest in Thanjavur district at 1.2 per cent.
According to non-governmental organisations working in the field, there were four companies manufacturing chewable tobacco in Pudukottai district.
February 8Sign language users have better reaction time: Study.
People who use sign language have better reaction times in their peripheral vision, something which is highly beneficial in sports and driving, according to a new study.
The findings by scientists from the University of Sheffield's Academic Unit of Ophthalmology and Orthoptics, worked with hearing adults learning a visual-spatial language such as the British Sign Language.
The research team found that such learning has a positive impact on visual field response.
Charlotte Codina, lead author of the study and lecturer in Orthoptics at the University of Sheffield.
February 9India remains at bottom in Intellectual Property index.
India remains near the bottom in an international Intellectual Property (IP) index by being ranked 43rd out of 45 countries, according to a report by the U.S. Chamber of Commerce’s Global Intellectual Property Center (GIPC).
By the report it includes 90 per cent of global gross domestic product, and grades countries on patents, trademarks, copyright, trade secrets, enforcement, and international treaties.
Only two countries were ranked below India: Pakistan (44th) and Venezuela (45th). The U.S., the U.K., Germany, Japan, Sweden, France, Switzerland, Singapore, South Korea and Italy completed the top 10 ranks. Among the BRICS countries China was ranked 27th, South Africa (33rd), Brazil (32nd) and Russia (23rd).