Get Those Wrists Ready: Samsung Reportedly Outing Smartwatch Sept 4

first_imgWhat it Takes to Build a Highly Secure FinTech … adriana lee The Rise and Rise of Mobile Payment Technology Bloomberg reports that Samsung will indeed announce its own smartwatch, the Galaxy Gear, at a press event on September 4.Not that smartwatches are anything new—see Pebble and Sony. And the rumor of a Samsung device has been going on for months. But if the wire service’s two anonymous sources are right, Samsung Galaxy Gear will be having its coming-out party next month—a week before Apple holds a similar launch event for its own new products.Apple has long been rumored to be working on its own wristworn smart device, unofficially dubbed the iWatch. Both patent filings and job listings strongly suggest Apple’s plans are real. See also: Arm Race: Samsung To Build A Smartwatch TooApple’s not the only company supposedly trying to make our wrists smarter. Others—including Google and Microsoft—are reportedly racing to bring their own smartwatches to market. The reason why is obvious: If any one of these companies can blaze this trail, it offers a substantial advantage. The market for smartwatches isn’t as saturated as tablets or phones, so the winner here has a better chance of standing out and locking even more users into its respective platforms.The wrist, in short, is viewed as virgin territory for gadgets. Though ReadWrite’s editor-in-chief may rail against wearable wrist-bound devices, he’s shouting at the waves. Smartwatches now officially seem to be the “It” thing in tech.According to this latest report, Galaxy Gear will be an Android device that makes calls, surfs the Web and manages email messages. It won’t, however, sport a flexible screen, at least not in the this version, though Samsung’s working on it for future devices.  Why IoT Apps are Eating Device Interfacescenter_img Role of Mobile App Analytics In-App Engagement Tags:#Arm Race#mobile#Samsung#smartwatch#Wearable Computing#wearables Related Posts last_img read more

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Create Unbelievable Cosmic Imagery With Everyday Ingredients

first_imgIt’s surprisingly simple and inexpensive to create jaw-dropping cosmic scenes with everyday ingredients. Put together a quick shopping list and get ready to blow some minds.I can only recount a dozen moments throughout the movies I’ve watched where I’ve been truly mesmerized — jaw on the floor, eyes wide open. A few moments that come to mind are the bear scene in The Revenant, a real 18-wheeler truck flipping in The Dark Knight, and the Big Bang sequence in The Tree of Life.The cosmic creation sequence in The Tree of Life completely blew me away. I had not seen anything like that before. One of the first things I did when I got home from the cinema was research how this scene was created.To my surprise and delight, a good portion of the scene was created with practical effects. Most incredibly, along with the use of liquid tanks, flashlights, glass paperweights, dry ice, pinhole flares and other tools, there was also the use of everyday items that you could buy from the grocery store — milk, dye, and paint.Visual effects supervisor Douglas Trumbull said:We were shooting with a combination of the Phantom Gold 2K camera at up to 1,000fps and sometimes with a Red One camera using it at 4K, sometimes at 24fps and sometimes even undercranked at 6 or 12fps. There were a lot of experiments in water tanks, different kinds of turbulence tanks that I would design. Lighting effects in tanks. Combinations of dyes and liquids, paint and a lot of milk and half and half. It’s the way I like to work. When we first spoke, Terry was frustrated that even some of the best supercomputers in the world that were doing galaxy and Black Hole simulations tended to look a little synthetic. So he wanted to explore the possibility of doing it in a more organic way. And I said that’s exactly what I would suggest. And so that’s what I was helping him with. The whole objective was to make shots that, even though we were using Nuke for compositing, were at least 80% organic.The thought of being able to create something spectacular from milk and dye was very appealing to me. I love organically creating effects. There’s a lot of satisfaction knowing that what is on screen was physically created by your hands. Not to mention that when you’re using liquid or elements that act randomly, it’s going to be unique. Even if I wasn’t going to be able to replicate The Tree of Life sequence, I was sure going to try and do something like it.One of the most important points taken away from Douglas Trumbull’s information was the use of water tanks. I imagine these tanks would be incredibly large, something well out of my reach. As this was a DIY task, my old fish tank would be sufficient.Here is the first attempt.It’s not The Tree of Life sequence by a far stretch, but it’s definitely something different that can be worked upon or used in a creative manner. This is where a lot of new ideas and techniques are born — by trying to imitate something else. Having a set of ready-to-use stock footage like this in your arsenal can be very useful.There are plenty of applications for effects like this. The gif below from Breaking Bad shows a chemical reaction. I’m sure something like this could be organically made through the use of water tanks and the ingredients.The SetupThe ingredients I bought were milk, red food coloring, blue food coloring, cooking oil, and flour. Then I set my unused fish tank upon a few books, with a gap in the center to place a small a Z-96 LED light underneath.I shot with a RED ONE M-X 2K at 120fps. Other than the camera, it was a very basic DIY setup for creating this sequence. Many DSLRs now offer that frame rate, and although it won’t be captured in RAW, with the right lighting setup, you could get something great.Nevertheless, it wasn’t The Tree of Life sequence replication I dreamt of, and I haven’t attempted to anything similar since this test three years ago. Thankfully, filmmaker and YouTuber Joey Shanks has been able to replicate the cosmos sequence with a more satisfactory result.Unlike The Tree of Life method, Shanks squirts liquid onto a transparent glass plate and films the reaction from above. There seem to be endless means of creating footage like this, all of which create unique pieces of media.Have you any practical effects techniques like this? Share them in the comments below.last_img read more

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AAP MLA Som Dutt convicted in assault case

first_imgA Delhi court has convicted AAP MLA Som Dutt for beating and assaulting a man during the 2015 Assembly election campaign. Additional Chief Metropolitan Magistrate Samar Vishal held Mr. Dutt, a legislator from the Sadar Bazar constituency here, guilty under Section 325 (voluntarily causing grievous hurt without provocation), 341 (wrongful restraint), 147 (rioting) and Section 149 (unlawful assembly) of the Indian Penal Code.“There is no doubt that on January 10, 2015, around 8 p.m., Som Dutt, along with his 50 supporters, went to flat no. 13 where the complainant was present. The complainant was beaten and assaulted by the accused and his associates due to which he suffered grievous injury,” the court said. Grievous injury The maximum punishment for causing grievous injury is seven years. The court will pronounce the quantum of sentence on July 4.The court, however, said the offence of wrongful restraint (Section 341 IPC) is not made out in this case as the complainant was not going anywhere and he was not restrained from proceeding in any direction. “Further, Section 147 of the IPC, which punishes the offence of rioting, is also not made out considering that the intention of the accused was only to beat the complainant and no further. “It is not clear how many persons, apart from the accused, had assaulted the complainant and what was their common object, if any,” the court said.An FIR was lodged against Mr. Dutt in 2015 at the Gulabi Bagh police station in North Delhi on the allegation that the MLA and around 50 of his supporters, while campaigning in the locality, had come to the house of complainant Sanjeev Rana.The prosecutor had alleged that when the complainant objected, the MLA allegedly hit him on his legs with a baseball bat and his supporters dragged him out on the road and started beating him, causing grievous injury.Mr. Dutt’s counsel had refuted the arguments, saying the MLA and his supporters were peacefully campaigning in the society and it was the complainant who started quarrelling with Mr. Dutt in an inebriated state, on which a cross FIR was also registered by the legislator.last_img read more

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Malayalam superstar Mohanlal helped Irfan realise his dream

first_imgKolathum Thodi Irfan may have finished 10th in the 20km walk at the London Olympics, but it was the culmination of a year-long marathon effort to land on the Olympic arena.Irfan has to thank Malayalam superstar Mohanlal to help him realise his dream.The athlete, his family, friends and well wishers are not the least bit disappointed that he did not finish among the medallists. On the contrary, they are in an ecstatic mood over his performance, which set a national record of 1: 20: 21.”We are happy. He became a national hero overnight. We are planning a welcome for him when he lands here next week,” said his childhood friend Imran.As Irfan was selected much after the Olympic coaching camps started, the earmarked financial aid did not come from either the Athletics Federation of India or the sports ministry.The coaching expenses burnt a hole in the pocket of the 22-year old Irfan, a seepoy in the Madras Regiment of the Indian Army. “He had to buy six or seven pairs of special shoes annually for practice for which he had to shell out Rs 40,000 which he can hardly afford,” said Imran. Irfan’s father Musthafa, a small time coconut merchant, and brother working in the Gulf have not much money to spare for Irfan’s passion. That is where Mohanlal came into the picture.last_img read more

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Nuyles enjoying ‘new’ career

first_imgPrivate companies step in to help SEA Games hosting MOST READ LATEST STORIES SEAG women’s team gets privileges back View comments “I’m just happy to be back, playing again,” said the 29-year-old Nuyles, who finished with 22 points in 36 minutes.The former Adamson standout was tipped to make an impact on the PBA when he was drafted by Rain or Shine in 2013 before he was sent to the unprotected list during the expansion draft for Blackwater a season later.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsBut a spate of injuries railroaded his bid for stardom. After a two-year, injury-plagued stint with TNT, he spent the past year getting in shape, before getting the call to join the MPBL.“I’m just at 50 percent,” Nuyles said. “I don’t want to rush my conditioning because of my old injuries. My priority is to stay healthy and get better.” Don’t miss out on the latest news and information. DA eyes importing ‘galunggong’ anew ‘Rebel attack’ no cause for concern-PNP, AFP Two-day strike in Bicol fails to cripple transport Catholic schools seek legislated pay hike, too His white jersey drenched in sweat after his first competitive game in almost two years, former PBA first-round pick Alex Nuyles looked up the MOA Arena scoreboard and smiled.Although his new team, the Bicol Volcanoes, were given a rude welcome to the Maharlika Pilipinas Basketball League by the retooled Basilan Steel, 93-84, on Wednesday night, Nuyles felt a tinge of satisfaction as he finally opened a new chapter in his career.ADVERTISEMENT Cayetano: Senate, Drilon to be blamed for SEA Games mess Still adjusting to the frenetic pace of the game, Nuyles faded down the stretch as the Volcanoes failed to stop Basilan’s late-game breakaway from a 75-73 count.Later, South division champion Davao Occidental overcame Zamboanga, 84-82.Sports Related Videospowered by AdSparcRead Next Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Duterte wants probe of SEA Games messlast_img read more

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Ray Parks turns down Gilas Pilipinas pool invite, says Guiao

first_imgBlackwater rookie Ray Parks. Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—Gilas Pilipinas head coach Yeng Guiao has to make do of the cards he’s dealt with for the upcoming Fiba World Cup.According to reports, Blackwater rookie Bobby Ray Parks Jr. declined Guiao’s invitation to join the team’s Thursday practice at Meralco gym.ADVERTISEMENT PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Don’t miss out on the latest news and information. Panelo: Duterte ‘angry’ with SEA Games hosting hassles “Actually for today we invited Ray Parks but he declined so my understanding is he declined to be part of the pool,” said Guiao as per Spin.ph and Tiebreaker Times. “My understanding is he has different priorities.”READ: Only 9 players show up at Gilas Pilipinas Thursday trainingFEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsParks has been nothing short of marvelous for the Elite putting up 23.4 points, which is top among locals, 6.0 rebounds, 3.4 assists, and 1.7 steals in the PBA Commissioner’s Cup.Despite this initial setback, Guiao could get his own NLEX player in Kiefer Ravena as soon as Monday. PSL: Generika-Ayala picks up 2nd win after rallying past Foton Fiba suspended Ravena from all competition for 18 months since 2018 for violating anti-doping regulations but Guiao said his sophomore guard could join Gilas’ practice.READ: Gilas coach Guiao worried over availability of playersRavena spent the past week in the United States but would be in the Philippines just in time for Guiao’s national team practice.“We’re looking at some other guys we want to invite. We have a few other names whom we would like to invite,” said Guiao. “By Monday Kiefer will be ready. I expect him to practice with Gilas in the evening.”Gilas Pilipinas is gearing up for the Basketball World Cup slated in August in China.ADVERTISEMENT Cayetano: Senate, Drilon to be blamed for SEA Games mess Private companies step in to help SEA Games hosting Catholic schools seek legislated pay hike, toocenter_img ‘Rebel attack’ no cause for concern-PNP, AFP View comments MOST READ DA eyes importing ‘galunggong’ anew Sports Related Videospowered by AdSparcRead Next Duterte wants probe of SEA Games mess LATEST STORIES Two-day strike in Bicol fails to cripple transportlast_img read more

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Jerwin Ancajas confident he can beat potential foe Juan Estrada

first_imgPanelo: Duterte ‘angry’ with SEA Games hosting hassles An eighth defense will likely come either late September or early October. “When I was starting out, I dreamed of winning a regional belt. Now, I’m a world champion. I hope I can unify the belts if I’m blessed,” said Ancajas in Filipino during Tuesday’s Philippine Sportswriters Association (PSA) Forum at Amelie Hotel-Manila.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSSingapore latest to raise issue on SEA Games food, logisticsSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesHis trainer, Joven Jimenez, said details of his next fight should be known in a week or two.“We have a timetable. Top Rank is negotiating a fight with WBC champion Juan Francisco Estrada. But we’re looking at three names, including Andrew Maloney (Australia, 20-0) and Alexandru Marin (Romania, 18-0),” said Jimenez. San Miguel decides it’s end of the Rhodes, taps NBA first rounder Of the three, both boxer and trainer agreed that Estrada is the most significant fight for the Filipino champion, who is 31-1-2 with 21 knockouts.“That’s the fight that we want,” said Jimenez.The other world titles at 115 pounds are being held by Kazuto Ioka of Japan (WBO) and Khalid Yahai of the United Kingdom (WBA).“If we can get the Estrada fight that will be exciting,” said Ancajas, who defended his title for the seventh time last May with a seventh-round stoppage of Ryuichi Funai of Japan in Stockton, California.Ancajas said he has what it takes to beat Estrada, the 29-year-old Mexican (39-3 with 26 knockouts) who outclassed Thai pound-for-pound champion Srisaket Sor Rungvisai last April.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Jerwin Ancajas of the Philippines gestures to fans after defeating Ryuichi Funai of Japan in their 12-round Super Flyweight IBF World Title fight in Stockton, California on May 4, 2019. – Ancajas defended his title for the seventh time with a TKO over Funai who absorbed punishment until round 7 when the ringside physician ordered the ref to stop the fight. (Photo by Frederic J. BROWN / AFP)MANILA, Philippines—Filipino boxing champion Jerwin Ancajas, who once dreamed of winning a title even at a regional level, is now aiming to become the undisputed world champion at 115 pounds.The 27-year-old is the reigning IBF super flyweight champion and has defended the crown seven times since winning it in 2016.ADVERTISEMENT Duterte wants probe of SEA Games mess MOST READ Urgent reply from Philippine ‍football chief World dragon boat champs out to make waves in SEA Games PH beach spikers also eye spots to Continental Cup Don’t miss out on the latest news and information. POC chief on SEA Games hosting glitches: ‘It’s normal’ Cayetano: Senate, Drilon to be blamed for SEA Games mess LATEST STORIES Private companies step in to help SEA Games hosting PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss “We believe that there’s a way to beat Estrada. We can beat him,” said Ancajas, who has kept himself busy doing light training ahead of his next fight, which is set in the United States. View commentslast_img read more

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Ford India targets 30-35 per cent growth

first_imgCoimbatore, Apr 20 (PTI) Ford India, which saw 25 per cent growth in the first quarter of 2017, expects to see it rise to 30 to 35 per cent, riding on sales of recently launched sports models, a top company official said today. Compared to low double digit growth of the industry, the company has witnessed 25 per cent growth, apart from a good demand for petrol variants of its vehicles, Ford India general manager, Sales-South, Narasimhan Balaji said here. Speaking to reporters on the sidelines of launch of the sports edition of Figo and Aspire in the region, Balaji said since the launch of these variants, both had set new benchmarks in the segment from the maximum airbags-on-offer to lowest cost of service. South has contributed 30 to 35 per cent of the sales and growth of the company, he said. Asked about the demand for vehicles due to fluctuation of petrol and diesel prices, he said it did not make much difference on the sales front. “But we are seeing an increased demand for petrol variants,” he said. Moreover, the company was successful in breaking the myth that the cost of service was higher for Figo and other vehicles, he said. PTI NVM SS RClast_img read more

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West Ham United’s Michail Antonio keen for revenge against Tottenham Hotspur at Wembley

first_imgWest Ham United midfielder Michail Antonio wants revenge against local rivals Tottenham Hotspur when the two sides meet in the fourth round of the League Cup at Wembley on Wednesday.West Ham, who are currently 16th in the Premier League, lost 3-2 at home last month to their London rivals.Third-placed Spurs are playing their home matches at Wembley as their new stadium is under construction.”It’s a massive game,” Antonio added. “Even if it wasn’t at Wembley, it would be a massive game…”Especially after they beat us at home, we need to go there and beat them at their home. We’ve got to steady our minds, go there and perform for the fans.”Antonio last played at the national stadium in 2010 when he scored for former club Southampton in their 4-1 victory over Carlisle United in the EFL Trophy final.”It’s Wembley. As much as they are playing home games there all season, it’s Wembley so it’s exciting for any team that goes there,” the 27-year-old told the club’s website.”There are going to be loads of players who have not had the opportunity to play there, who will now get the opportunity to play there. People are going to turn up and want to perform there because it is a historic ground.”Scoring a goal at the historic Wembley Stadium was just unbelievable… I’d love to do it again on Wednesday night!”West Ham will return to league action when they travel to bottom side Crystal Palace on Saturday.advertisementlast_img read more

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India vs West Indies: MS Dhoni concedes most byes in an ODI in his career

first_imgadvertisement view more view less scorecard No data available! commentary India Today Web Desk ManchesterJune 27, 2019UPDATED: June 27, 2019 22:23 IST MS Dhoni conceded 9 byes against West Indies on Thursday. (Reuters Photo)HIGHLIGHTSMS Dhoni on Thursday conceded the highest number of byes in an ODI match in his careerIndia defeated West Indies by 125 runs in Manchester on ThursdayIndia are so far unbeaten in the World Cup 2019MS Dhoni is said to be one of the most trusted hands behind the wickets in the game but during India’s World Cup game against West Indies in Manchester, on Thursday, the veteran wicketkeeper-batsman had a rare bad day behind the stumps.At Old Trafford, MS Dhoni conceded 9 byes, the most by him in an ODI in his career, as West Indies were out chasing 269 runs after India posted 268 for 7 in their given 50 overs. Dhoni surpassed the 7 byes he conceded in 2014, coincidentally, against the same side in Kochi.In the 19th over of the second innings, MS Dhoni also missed a chance to stump Nicholas Pooran. It was when Pooran wanted to flick a floaty delivery from Kuldeep Yadav , but missed it altogther as the ball fell just in front of MS Dhoni. Though it was a tough one, but on a good day, it would have been just am easy walk in the park for Dhoni.Dhoni also gifted a boundary to Hetmyer when the wicket-keeper failed to glove an inside edge that missed the off-stump by inches.However, it would be safe to say that the former India captain compensated for all his misses when he pulled off a terrific catch behind the stumps to dismiss Carlos Brathwaite and help Jasprit Bumrah get his first wicket of the day.In a back of length delivery, angled in from Bumrah, Brathwaite got an outside edge that flew to the right of Dhoni. Though, Dhoni was wrongfooted, but he quickly got into stance to dive to his right and remove Brathwaite with his one-handed catch.advertisementAlso SeeFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnita Jat Tags :Follow World Cup 2019Follow MS Dhoni graphs India vs West Indies: MS Dhoni concedes most byes in an ODI in his careerWorld Cup 2019: MS Dhoni had a rare bad day behind the stumps on Thursday as the wicketkeeper-batsman conceded the most number of byes in a match in his ODI career. Nextlast_img read more

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Child Care Centres to Expand Subsidized Spaces Added

first_imgFamilies looking for child care will have more options following a $3.4-million investment to expand the province’s child-care centres. As well, an additional 125 portable, subsidized spaces will be made available, Community Services Minister David Morse announced today, Aug. 16. “Quality child care is essential for Nova Scotians who must work or go to school. Through these investments, we are helping families access high quality child care,” said Mr. Morse. “There will be more subsidized spaces for low-income families and expanded numbers of child-care spaces available to Nova Scotia’s families.” Twenty child-care centres are receiving additional support under the Expansion Grants and Loans program. This program was created to provide financial assistance to licensed non-profit and commercial child-care centres that expand and create new child-care spaces. Centres were eligible for up to 75 per cent of the costs of expansion or new construction. The funding for the Child Care Expansion Grants and Loans program was provided under the March 2003 Multilateral Framework on Early Learning and Child Care (ELCC) from the 2004-05 fiscal year. The ELCC is a joint, federal-provincial agreement to improve and expand early childhood development programs and services. A list of centres receiving expansion grants and loans follows this news release. The addition of 125 subsidized spaces means there are now more than 2,880 subsidized child-care spaces in Nova Scotia and that 609 of them are portable. A family accessing a portable space can choose to use any licensed child-care centre in the province and can take the subsidized space with them should they move to a different area.last_img read more

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INX Media scam Delhi court extends Chidambarams judicial custody till Oct 3

first_imgNew Delhi: A Delhi court Thursday extended till October 3 the judicial custody of former finance minister P Chidambaram in connection with the INX Media corruption case. Special judge Ajay Kumar Kuhar also allowed medical examination of Chidambaram. The court extended the judicial custody of Chidambaram after the CBI sought extension of the veteran Congress leader’s judicial remand. Solicitor General Tushar Mehta, appearing for CBI, sought extension of the judicial custody and said there has been no change of circumstance from the day he was first sent to jail. Also Read – India gets first tranche of Swiss bank a/c details Senior advocate Kapil Sibal, appearing for Chidambaram, opposed the investigative agency’s plea to extend his judicial custody. Sibal moved an application on behalf of Chidambaram seeking regular medical checkup and adequate supplementary diet during judicial custody in Tihar Jail. He said that the 73-year old Congress leader is suffering from various ailments like coronary artery disease, hypertension, impaired glycemia and has lost weight during the custody, to which he was sent on September 5. Also Read – Tourists to be allowed in J&K from Thursday Senior advocate Abhishek Manu Singhvi, also appearing for Chidambaram, said the former minister had a chair in the hall outside his cell which has been taken away. “He can only sit on bed. He also has not been given a pillow”. Allow him to be examined at AIIMS, Sibal said. “Health of any inmate is of concern. Whatever is permissable in law, would be done by the jail authorities,” Mehta said. The CBI had registered an FIR on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram’s tenure as the finance minister. Thereafter, the Enforcement Directorate lodged a money laundering case in this regard in 2017. Chidambaram, who was Union home minister as also finance minister during the UPA rule from 2004 to 2014, was arrested by the CBI on August 21 from his Jor Bagh residence.last_img read more

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SBI to adopt repo rate as external benchmark for all floating rate

first_imgMumbai: State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans, from October 1, 2019. On September 4, the Reserve Bank of India (RBI) had mandated all banks to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises (MSMEs) to an external benchmark from October 1 onwards. We have decided to adopt repo rate as the external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019, the bank said in a release. Also Read – Commercial vehicle sales to remain subdued in current fiscal: Icra The RBI gave the banks options to benchmark their floating rate loans either to repo rate, three-month or six-month treasury bills or any benchmark market interest rate published by Financial Benchmarks India Private (FBIL). The bank has also extended the external benchmark-based lending to medium enterprises, to boost lending to the MSME sector as a whole. It had introduced floating rate home loans effective July 1, 2019, but has made some modifications in the scheme effective October 1, 2019, to comply with the latest regulatory guidelines, the release said.last_img read more

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Guj Man wanted in jihadi conspiracy case held after 16 yrs

first_imgAhmedabad: A man wanted in connection with the 2003 ‘jihadi conspiracy’ case in Gujarat was arrested on Monday morning when he arrived at the city airport from Saudi Arabia, officials said. Based on a specific tip-off, a joint team of the city Crime Branch and state Anti-Terrorism Squad (ATS) nabbed Yusuf Abdul Wahab Shaikh (50), a native of Juhapura area here, when he landed at the Ahmedabad airport, Assistant Commissioner of Police B V Gohil told reporters here. Also Read – 2019 most peaceful festive season for J&K: Jitendra Singh Shaikh, who was allegedly involved in providing funds to Gujarat-based “jihadists” to avenge the attacks on Muslims in the state after the 2002 Godhra riots, was living in Saudi Arabia since 1999 and was involved in garment trade. His last visit to Gujarat was in 2002, Gohil said. He came to Ahmedabad on Monday to meet his second wife, who along with their children came back to the city from Saudi Arabia a few years back, he said. A preliminary investigation revealed that Shaikh sent money to the state-based jihadists on three different occasions through his brother Abdul Majid and another person, Abdul Ghulam Ali. Also Read – Personal life needs to be respected: Cong on reports of Rahul’s visit abroad “His main role was collecting funds in Saudi Arabia for jihad in Gujarat and to send the money to his state-based connections through ‘Angadia’ service (unofficial courier service). He sent funds thrice with the help of his brother and others,” he said. These funds were meant to be delivered to hard-line cleric Mufti Sufian, who is believed to be the mastermind behind the killing of former Gujarat minister Haren Pandya, the official said. However, it is a matter of probe whether Shaikh was directly involved in the killing conspiracy, Gohil said. “Shaikh’s role was mainly to collect and send funds to Mufti Sufian and other jihadists in Gujarat. It is a matter of investigation if he was also involved in the killing of Haren Pandya. We have also learnt that Shaikh held meetings with other jihadists in Saudi Arabia,” he said. Total 64 people, including Shaikh, have so far been arrested in the case, while 35 are still at large. Many of these 35 ‘wanted’ persons fled to Saudi Arabia and Pakistan after the Crime Branch lodged a case in 2003, Gohil said. The Ahmedabad Crime Branch registered a case of jihadi conspiracy on April 4, 2003 under sections of the Indian Penal Code, Arms Act, and the Prevention of Terrorism Act. According to police, the jihadi conspiracy was allegedly hatched to spread terror and eliminate leaders of the right wing outfit Vishwa Hindu Parishad and other Hindu leaders to avenge the attacks on Muslims after the Godhra riots.last_img read more

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Achieving universal coverage

first_imgExactly one year ago, the government of India announced the arrival of the landmark Pradhan Mantri Jan Aarogya Yojna (PM-JAY), or Ayushman Bharat, as it has come to be known. The plan was to provide free healthcare to the most economically poor 50 crore Indians, who otherwise would have no access to quality care. The idea was simple and to be executed in two phases. The first, ‘wellness’ part aims to keep these 500 million out of the hospitals by starting 1.5 lakh wellness centres where basic healthcare is provided using advanced technologies like telemedicine, and preventive care in the true sense is promoted through the practice of Yoga and naturopathy. The second, ‘curative’, part dealt with providing insurance coverage of Rs 5 lakh for in-patient care at both public and private hospitals. Ayushman Bharat is India’s move towards universal health coverage – where no patient is denied care for lack of money, and completion of its first year is a proud moment for everyone in the healthcare industry. Also Read – Hijacking Bapu’s legacyThen came the execution and as was expected, there were challenges. Much has been written, discussed and debated about the complexity of the challenges facing Ayushman Bharat – from prices offered being lower than the cost to perform the procedure, to insurance fraud, to states not accepting Ayushman Bharat. On the other hand, a patient, who previously did not have any access to healthcare, is receiving care every nine minutes, the top ten states providing Ayushman Bharat have catered to about 40 lakh patients. As is not surprising, with India’s growing burden of cardiac disease, the three top procedures by amount spent by the government are single coronary stenting, cardiac bypass surgery and double coronary stenting, on which the government has spent about Rs 340 crores. In all, close to 45 lakh patients got treated at a total cost of Rs 7,500 crores – an average of about Rs 17,000 per patient. Also Read – The future is here!Despite widespread reservations about low prices, of the more than 18,000 hospitals empanelled, more than half are private hospitals, and about 62 per cent of treatments have happened at private hospitals. While initially sceptical, I now realise that it is time for private hospitals to own up to this challenge and attempt to operate at the price point suggested by the government, which is open to dialogue and discussion given its dynamic leadership. Maybe it is time to envision ‘Ayushman Hospitals’ – a chain of 100-250 bed no-frills hospitals, built ground up, supported by the government, having specific specialities and services, to cater exclusively to patients from Ayushman Bharat. A hospital that does not rely on cross-subsidisation but instead is built with the vision of being a hospital of the masses. One which leverages top-end technology like machine learning, telecommunications, virtual and augmented reality and internet of things to bring down costs and still provide adequate quality healthcare to its patients. The government, including Prime Minister Modi, are aware of the demand-supply gap that exists between the patients that need care and the hospitals that provide care. The creation of a viable business model around Ayushman Bharat will not only encourage Indian entrepreneurs to invest in healthcare but will also drive foreign investment into the sector. I believe that rational engagement and conversation with the government can make this a reality, but the responsibility of engagement lies with the private sector. Both, providers of care, across the continuum, and producers of technology and healthcare products, need to come together to accept this challenge of translating this vision of universal health coverage into reality. (The author is Founder & Chief Radiologist, Mahajan Imaging, Padma Shri Awardee and Former President of the Indian Radiological & Imaging Association. The views expressed are strictly personal)last_img read more

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Manoj Tiwari set to sack Mahila Morcha president

first_imgNew Delhi: Delhi BJP chief Manoj Tiwari is set to sack its Mahila Morcha president Poonam Jha, after his office received a complaint against her and her husband, days after some women councillors of the saffron party got into a scuffle at a public event in North West Delhi’s Kirari area.The complaint was moved by five of BJP’s Mandal unit presidents and two women councilors and also been sent to the party’s Assembly poll-in charge and Union Minister Prakash Javadekar and national vice president Shyam Jaju, who is also in charge of the Delhi unit. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarReacting to the complaint, BJP Mahila Morcha president Poonam Jha said, “I will reply to senior party leaders if they question me over the complaint, with her husband adding that they are “disciplined” party workers and claiming that the complaint was motivated by the upcoming assembly polls in the Capital. The scuffle that the complaint refers to took place last Sunday at a party event in Kirari and allegedly involved Poonam, Urmila Chaudhary and Sona Chaudhary. The former Delhi unit chief Satish Upadhyay was also present at the event. A party source claimed that such scuffles are breaking out frequently because some leaders are “desperate” for a party ticket in the upcoming polls, as they are sure of a BJP victory. Also Read – Union min Hardeep Singh Puri, Delhi L-G lay foundation stones for various projects in DwarkaThe complaint seeks “stern action” from Tiwari against the Jha couple alleging that “they (Poonam and her husband) have been threatening us by name-dropping senior leaders of the party”. Poonam’s husband, Anil Jha, a former Kirari MLA said that the complaint was filed by “vested interests”. “Such things happen when elections approach. We are disciplined party members and ready to face any inquiry,” he said. A BJP source said that such incidents are a clear indicator of some leaders’ “desperation” for tickets. On the day of the Kirari incident, BJP office-bearers had clashed before senior party leader Dushyant Gautam in Gokalpur. A complaint of misbehaviour has also been lodged against a senior Delhi BJP leader by a party worker from Rajender Nagar. BJP leaders from Kirari have already met Tiwari, Jaju and Delhi BJP’s organisation secretary Sidharthan, threatening to go on an indefinite fast if action is not taken against the Jha couple. Many leaders are buoyed by the party’s recent Lok Sabha poll victory and by their belief that the image of PM Narendra Modi will help them win their seats, a senior party leader said.last_img read more

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PM Modi reaffirms Indias support to diplomacy dialogue for maintaining peace in

first_imgNew York: Prime Minister Narendra Modi has reaffirmed India’s support for giving priority to diplomacy, dialogue and confidence building for maintaining peace and security in the Persian Gulf amidst tensions in the region, as he held wide-ranging talks with Iranian President Hassan Rouhani on regional and global developments of mutual interest. Modi met Rouhani on the sidelines of the high-level 74th Session of the General Assembly on Thursday amidst fresh tensions between Iran and the United States. Also Read – India gets first tranche of Swiss account details under automatic exchange framework The two leaders discussed bilateral relations and exchanged views on regional and global developments of mutual interest. According to an official press release, the prime minister reiterated India’s support for giving priority to diplomacy, dialogue and confidence building in the interest of maintaining peace, security and stability in the Gulf region, which is of vital importance for India. The meeting was keenly awaited as it comes amid escalating face-off between Iran and the US on Tehran’s nuclear programme. Iran is also accused by the US and its allies of attacking two key oil facilities in Saudi Arabia, triggering a new phase of tensions in the region. Also Read – Trio win Nobel Medicine Prize for work on cells, oxygen The September 14 attacks caused oil prices to spike by the biggest percentage since the 1991 Gulf War. Noting that India and Iran shared old and civilisational ties, the two leaders assessed the progress in bilateral relations since their first meeting in Russian city of Ufa in 2015. They especially mentioned overcapitalisation of Chabahar Port and noted its importance as gateway to and for the landlocked Afghanistan and the Central Asian region. During the meeting, it was agreed to mark the 70th anniversary of the establishment of diplomatic relations next year. The two leaders “discussed bilateral cooperation and exchanged views on the situation in the region,” External Affairs Ministry Spokesperson Raveesh Kumar said. The two leaders could not hold a planned meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek, Kyrgyzstan, in June this year due to scheduling issues. India, the world’s third biggest oil consumer, meets more than 80 per cent of its oil needs through imports. Iran was its third-largest supplier after Iraq and Saudi Arabia till recently. The six-month-long exemptions from US sanctions to India and seven other countries to buy oil from Iran expired on May 2 as Washington did not extend it. Indo-Iran ties have been on an upswing in the past few years. Modi visited Tehran in May 2016 with an aim to craft a strategic relationship with Iran and expand India’s ties with the West Asia. During the visit, India and Iran signed nearly a dozen agreements, centrepiece of which was a deal on development of the strategic Chabahar port. Later, India, Iran and Afghanistan signed a trilateral agreement providing for transport of goods among the three countries through the port. In February 2018, Rouhani visited India, becoming the first Iranian President to visit India in a decade. During his visit, the two sides signed a dozen agreements.last_img read more

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WhatsApp to stop working on these iPhones from Feb 1 2020

first_imgNew Delhi: iPhone users who have not upgraded to a new version of the operating system for long — there is one more reason to do so. If WhatsApp is currently active on your iOS 8 device, you will be able to use it only until February 1, 2020, according to an update from the instant messaging platform. “On iOS 8, you can no longer create new accounts or reverify existing accounts,” said the update. So iPhone users will need iOS 9 or later to run WhatsApp. “For the best experience, we recommend you use the latest version of iOS available for your phone,” WhatsApp said. “We don’t explicitly restrict the use of jailbroken or unlocked devices. However, because these modifications might affect the functionality of your device, we can’t provide support for devices using modified versions of the iPhone’s operating system,” it added. WhatsApp said that users of Android versions 2.3.7 and older will no longer be able to create new accounts, nor reverify existing accounts. However, they will be able to continue using WhatsApp until February 1, 2020.last_img read more

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Governor and Chancellor of Chaudhary Charan Singh

first_imgGovernor and Chancellor of Chaudhary Charan Singh University Anandiben Patel received Guard of Honour by NCC Cadets on the occasion of 31st Convocation of the University, in Meerut. The event, which was held on September 30, also saw Anandiben Patel and Vice Chancellor Professor NK Taneja presenting medals and degrees to the college students, as well as, gifts to the girls of Kasturba Gandhi school. Medal/degree holders, and University executive council members clicked photos with Governor and Vice Chancellor.last_img read more

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