World’s 100 most innovative universities: India finds no mention, US tops

For the fourth year running, Stanford University tops Reuters’ ranking of the World’s Most Innovative Universities, a list that *identifies and ranks the educational institutions* doing the most to advance science, invent new technologies and power new markets and industries. Contributing to its solid foothold at No. 1 is Stanford’s steady stream of patents and […]

No more cyber bullying: Instagram will now use AI to detect abusive content

Instagram has added more weapons to battle cyberbullying using artificial intelligence to scan photos for abusive content at the Facebook-owned service. The move comes after Facebook also increased anti-harassment measures following a survey which said young victims of online abuse feel social media firms aren’t doing enough to fight the problem. Instagram chief Adam Mosseri Tuesday said […]

RBI survey: Indians are not buying tall stories about the economy and jobs

consumers don’t think the economy is doing well or enough jobs are there. But they are hopeful of improvement after a year. The Reserve Bank of India’s (RBI’s) September round of the Consumer Confidence Survey — reflecting households’ perceptions and expectations on the general economic situation the employment scenario, the overall price situation and their *own […]

RBI tweak norms for exchange of defective currency

The RBI Friday tweaked norms for exchange of mutilated currency notes following introduction of Rs 2,000, Rs 200 and other lower denomination currencies. Post demonetisation in November 2016, the Reserve Bank has introduced Rs 200 and Rs 2,000 notes. Besides, it came out with smaller notes of Rs 10, Rs 20, Rs 50, Rs 100 and […]

Mutual funds AUM drops 12.5% to 22 trn in Sept-end on massive outflow

Mutual funds’ asset base declined 12.5 per cent to Rs 22 trillion in September-end on the back of Massive outflow from liquid funds and income schemes. According to Association of Mutual Funds in India (Amfi) data, the asset under management (AUM) of the industry, comprising 41 active players stood at Rs 22.06 trillion at the end of September, […]

Value of shares pledged by promoters decline by 16 pc in September

The value of shares pledged by promoters of BSE-listed companies declined 16 per cent to Rs 2.10 lakh crore at the end of September, according to exchange data. The value of promoter’s pledged shares stood at Rs 2.5 lakh crore as on August 30 this year. Promoters usually raise funds against the shares pledged for the […]

Minister of State for Commerce attends India–West Africa conclave in Nigeria

Minster of State, C. R. Chaudhary, also held bilateral talks with Cape Verde, Niger and other West African countries. C. R. Chaudhary, discussed issues of climate change, electric mobility, renewable energy, tourism, infrastructure development and HR building capacity with Trade Minister of Cape Verde. These are the key areas for collaborative projects between India and Cape Verde. […]

EU Readies ‘super-charged’ free-trade Deal, But May Still Fail To Please UK

The European Union is set to offer the UK a free-trade deal deeper than any agreement that’s gone before, but will reject Prime Minister Theresa May’s demand for frictionless trade according to EU diplomats. The EU’s vision for future ties with Britain will contain about 30-40 percent of May’s pitch for a wide-ranging trade and security deal, […]

India And US Bilateral Trade Rises 119% Since 2007 At $126.2 Billion

Bilateral trade of goods and services between India and the US has gone up by 119 per cent since 2007, touching $126.2 billion, according to the data collated by the office of the United States Trade Representative (USTR). According to the data, exports were valued at $49.4 billion and imports were worth $76.7 billion. The US […]

UN Security Council Needs To Be Reformed Without Delay

India has said that the UN Security Council needs to be reformed without delay or else it will be left to nurse its self-inflicted wounds of diminishing relevance in a world awash with challenges like armed conflicts, terrorism, refugee crises and climate change. Participating in a General Assembly session on ‘Report of the Secretary-General on the […]