Author Archives: Loknath

Centre asked World Bank to drop Amaravati project: AP finance minister

Hyderabad: The Union finance ministry has asked the World Bank not to go ahead with the funding of Amaravati, the proposed capital of Andhra Pradesh, state finance minister Buggana Rajendranath said on Monday. The World Bank, which had promised $300 million investment for the project, however, said it would be happy to support additional proposals for finance, the minister added. In ... Read More »

UK Finance Minister to quit if Johnson becomes PM

British Finance Minister Philip Hammond said on Sunday he would make a point of resigning before Boris Johnson became Prime Minister, saying he could never agree to his Brexit strategy. Johnson is widely expected to win the governing, centre-right Conservative Party’s leadership contest on Tuesday and be named as prime minister once Theresa May resigns the premiership on Wednesday. Hammond ... Read More »

Draft National Education Policy needs relook, say science academies

‘Outdated syllabi, dismal infrastructure, poorly trained teachers among major issues affecting school education’ The draft National Education Policy (NEP) 2019 may contain some well-conceived suggestions, but on the whole it has many drastic recommendations that would damage, rather than improve, the entire fabric of education system, said top scientific bodies in the country. In a document released early this week, ... Read More »

Lok Sabha passes Finance Bill 2019

The Lok Sabha has passed the Finance Bill, 2019 that gives effect to the proposals of the Central Government for the year 2019-2020. Explaining the proposed amendments in the taxation Acts, Finance Minister Nirmala Sitharaman pointed out that the said amendments will promote ‘Make in India’ and Startups. On the incentives being provided for Electrical Vehicles, she said that the ... Read More »

Kamal Haasan backs Suriya over draft education policy

Makkal Needhi Maiam (MNM) President Kamal Haasan (Photo: PTI) Actor and Makkal Needhi Maiam (MNM) chief Kamal Haasan on Tuesday extended support to actor Suriya and slammed the Tamil Nadu government and the Centre over the draft national educational policy. In a statement on Twitter, Kamal Haasan said he agreed with many points raised by Suriya regarding the draft educational ... Read More »

This Heat-Sensing Christmas Tree Ornament Was Designed to Detect Fires Faster

Christmas is one of the happiest times of the year—but it can also be one of the most dangerous. Traditional Christmas trees can actually be a major source of fuel in a house fire, according to the National Fire Protection Association. In the organization’s annual fire department experience survey in 2011-2015, it was shown that Christmas trees were the item first ignited in an estimated ... Read More »

Demands for Grants, Finance Bill may escape scrutiny of Parliamentary panels

Almost half of the budgetary exercise is over, but Parliament is yet to see formation of department-related standing committees (DRSC). This means Demands for Grants and the Finance Bill will not be vetted by DRSCs as of now. The Lok Sabha is scheduled to take up the Finance Bill for consideration and passage during the week starting July 15. There ... Read More »

Gag on media freedom: Journalists condemn finance ministry restricting entry of journalists into North Block

After the finance ministry put in place restrictions on media from entering the North Block, a tug of war has ensued between Finance Minister Nirmala Sitharaman and reporters. According to the new rules, the finance ministry issued a notice which read, “Entry of media persons, including those holding a PIB accredited card will be on the basis of prior appointment.” ... Read More »

The best Apple HomeKit gadgets of 2019

HomeKit is Apple’s platform for smart home gadgets, and it comes baked into every iPhone and iPad that the company sells. To take advantage of it, just download Apple’s free Home app, then pair it with your HomeKit-compatible smart home gadgets. It doesn’t matter if it’s lights, locks, plugs, cameras, thermostats, sensors, shades or whatever — the Home app can handle ... Read More »

Dolly Parton Slates ‘Christmas at Dollywood’ Holiday Movie

Dolly Parton may be a woman for all seasons but she’s been especially prolific when it comes to Christmas-related projects. This year the global icon teams with the Hallmark Channel to spotlight the East Tennessee theme park that bears her name in the holiday-themed TV movie, Christmas at Dollywood. Starring Danica McKellar, a veteran of several Hallmark Christmas films as well as ... Read More »