Shakti Pumps secures 11th patent; stock surges
Shakti Pumps (India) Ltd has received a patent for inventing a ‘helical pump arrangement with anti-vibration coupling.’ According to the company’s stock exchange filing, this is the 11th patent secured by the company. Dinesh Patidar, Chairman of Shakti Pumps, commented about the new patented technology, “Our recent award of the 11th patent marks a groundbreaking achievement in pump technology, particularly with the introduction of our innovative anti-vibration coupling for the helical pump. We believe that this advancement positions the helical pump as not just a solution but a cost-effective and long-lasting asset for various applications.”In addition, the company has invested over ₹13 crore in its subsidiary, Shakti EV Mobility Pvt Ltd.Shakti Pumps stock surged by 4.46 per cent on the NSE, trading at ₹1,117.85 as of 3:20 pm on January 17.
Source:The Hindu
January 17, 2024 16:36 UTC
How many years will it take for a 35-year-old investing Rs 25K monthly to achieve a Rs 1 crore wealth creation goal?
With a monthly income of Rs 1 lakh, I manage to save Rs 25,000 after covering all my expenses. I'm interested in understanding the timeframe required to accumulate Rs 1 crore with my current saving approach. An elementary calculation for a monthly investment of Rs. ‘Greed’ and ‘fear’ have often been seen as triggers for irrational investment decisions during long investing tenors. Remember that investing is not a sprint but a marathon, and success is often the result of consistent and disciplined efforts over a long investing period.
Source:India Today
January 17, 2024 16:18 UTC
Rupee settles 1 paisa lower at 83.13 against US dollar
The rupee slipped 1 paisa to settle at 83.13 (provisional) against the US dollar on Wednesday amid massive selling in domestic equity markets and a strong greenback overseas. At the interbank foreign exchange, the domestic currency opened at 83.13 and traded in the range of 83.07 to 83.17 against the dollar. On Tuesday, the rupee declined 26 paise to settle at 83.12 against the US dollar. "The rupee traded flat...with the dollar index rising and sell off in capital markets rupee weakness can continue towards 83.25-83.30. On the domestic equity market front, Sensex fell 1,628.01 points, or 2.23 per cent, to settle at 71,500.76 points.
Source:The Hindu
January 17, 2024 15:30 UTC
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Source:Hindustan Times
January 17, 2024 15:26 UTC
Home Ministry cancels FCRA registration of Centre for Policy Research
January 17, 2024 12:30 am | Updated 08:59 am IST - NEW DELHIThe Union Home Ministry has cancelled the Foreign Contribution Regulation Act (FCRA) registration of Centre for Policy Research (CPR), a leading public policy research institution in New Delhi. The Ministry suspended the FCRA registration of CPR that enabled it to receive foreign donations on February 27, 2023. Editorial | Power against knowledge: On Centre for Policy Research FCRA licence suspensionYamini Aiyar, President, CPR told The Hindu that the institution will weigh its options to seek justice. The office of the think tank in the national capital was surveyed by the IT department in September 2022. The think tank has denied the allegations and challenged the order in the Delhi High Court.
Source:The Hindu
January 17, 2024 15:22 UTC
OpenAI team to focus on democratic processes for artificial intelligence software
Artificial intelligence lab OpenAI is forming a new team to create democratic processes to shape how its AI software should be governed to address bias and other factors, the Microsoft-backed company said in a blog post on Tuesday. The new OpenAI team is actively looking to hire a research engineer and research scientist, Eloundou said. The team will work closely with OpenAI's "Human Data" team, which builds infrastructure for collecting human input on the company's AI models, and other research teams. Artificial intelligence (AI) could upend all our lives. Pressure is mounting from artificial intelligence (AI) and climate disruption.
Source:Hindustan Times
January 17, 2024 14:14 UTC
Will bad banks solve the NPA problem?
Even though regulations treat ARCs like bad banks, there is a slight difference in their working. They observed that 70 per cent of the NPL are resold by the bad banks at inflated prices to third parties. Second a bad bank’s purpose must be well defined as mere transfer of NPLs to a bad bank is not a solution in itself. Thus in conclusion, the introductions of bad banks / ARC’s into the Indian economy has its own pros and cons. With the following suggestions taken into consideration bad banks might turn out to be helpful for banks in the removal of NPAs.
Source:Indian Express
January 17, 2024 14:13 UTC
Sriram Raghavan REACTS to 'unfair' comparison of 'Merry Christmas' with Ayushmann Khurrana starrer 'Andhadhun'
Sriram Raghavan , the acclaimed director, is basking in the success of his latest thriller, ' Merry Christmas .' With a career spanning two decades, he has added another feather to his cap with the Katrina Kaif-Vijay Sethupathi starrer. There are some who have not taken it kindly that it is not Andhadhun ! But in a hall since people have invested your time and money, maybe people will grant him a few more minutes to set up the mood. 'Merry Christmas' hit the screens last Friday and marked the director’s return to the cinema halls after his 2018 film 'Andhadhun'.
Source:Indian Express
January 17, 2024 13:19 UTC
Healthcare, pharma to drive job growth across India in H2 2024 (The Hindu)
Home »Editorial »Daily News »Healthcare, pharma to drive job growth across India in H2 2024 (The Hindu)Daily News View All NewsHealthcare, pharma to drive job growth across India in H2 2024 (The Hindu)17 January 2024The healthcare and pharma sector will lead India’s workforce expansion in the second half of the current fiscal ending in March 2024, report The Hindu, citing staffing firms. According to data from TeamLease, among cities, Chennai is leading in incremental workforce expansion in the healthcare and pharma sector at 12.8%, followed by Kolkata at 11.6%, and Coimbatore at 11.5%. TeamLease says capacity expansion, talent development, and the cultivation of indispensable skill sets would be critical to drive the pharmaceutical sector’s ambitious expansion and some 86% of healthcare and pharma firms showed serious intent for additional hiring. Anticipations for 2024 are optimistic on both technological and non-technological fronts in the realm of hiring, as per NLB Services, a technology and digital talent solutions provider. Overall hiring in the IT sector is expected to surge by 12-15% in the calendar year 2024, especially due to the surge in GCCs (global capability centres) and global economy settling down comparatively.
Source:The Hindu
January 17, 2024 12:51 UTC
What are the legal channels to claim ancestral land ownership?
Succession may be broadly bifurcated into intestate succession, or succession in case the deceased has not left behind a will, and testamentary succession, or succession by operation of will. In India, The Indian Succession Act, 1925, governs testamentary succession. Among Hindus, the Hindu Succession Act, 1956, deals with intestate succession. “Hindu" includes Buddhists, Jains as well as Sikhs as per the Hindu Succession Act. The Indian Succession Act, 1925, provides the legal framework for testamentary succession, outlining the requirements and procedures for creating a valid will.
Source:Mint
January 17, 2024 12:45 UTC
दूसरे टी20 मैच में जिम्बाब्वे ने किया उलटफेर
ल्यूक जॉन्गवे और क्लाइव मदान्दे ने किया कमाल आखिरी ओवर में जिम्बाब्वे की टीम को 20 रन की जरूरत थी। टीम के लिए ल्यूक जॉन्गवे और क्लाइव मदान्दे क्रीज पर मौजूद थे। श्रीलंका के लिए आखिरी ओवर एंजलो मैथ्यूज लेकर आए और पहली ही गेंद पर ल्यूक जॉन्गवे ने छक्का जड़ दिया। जिम्बाब्वे के लिए सोने पर सुहागा तब हुआ जब मैथ्यूज की वह गेंद नो बॉल निकली। ऐसे में बिना किसी गेंद के जिम्बाब्वे ने 7 रन बना लिए और अगली फ्री हिट पर ल्यूक जॉन्गवे ने चौथा जड़ दिया। इस तरह एक गेंद में ही टीम ने 11 रन बना लिए। इसकी अगली गेंद पर भी ल्यूक जॉन्गवे ने छक्का लगा दिया। इस तरह टीम को अब 4 गेंद में 3 की जरूरत थी। तीसरी गेंद पर कोई रन नहीं बना जबकि चौथी गेंद पर ल्यूक जॉन्गवे ने सिंगल लिया। वहीं पांचवीं गेंद पर मदान्दे ने छक्का जड़कर टीम को 4 विकेट से जीत दिला दी।
Source:Navbharat Times
January 17, 2024 12:23 UTC
“It Was Campaign Strategy”: Manoj Bajpayee’s viral shirtless photo was morphed, says actor
Days after taking the Internet by storm with a shirtless photo of himself, flaunting six-pack abs, Bollywood actor Manoj Bajpayee has now clarified that the so-called ‘transformation’ was morphed. The 54-year-old actor had left everyone gaping when he had posted the picture of himself on January 1, flaunting a ripped physique. Actor managed to fool even colleaguesNot just fans, but even a number of celebs fell for the morphed photo. While Anurag Kashyap had commented, “Chuppe Rustom”, Aparshakti Khurana gushed, “Woahhh!”On the work front, Bajpayee recently starred in the Netflix series Killer Soup, in which he shared the screen with Konkona Sen Sharma. Before Killer Soup, Manoj also played the lead in Joram, and he was lauded for his performance in the film.
Source:Indian Express
January 17, 2024 11:25 UTC
देहरादून से लेकर उधम सिंह नगर तक गुलदार की दहशत, डिटेल जानिए
असिस्टेंट न्यूज एडिटरनवभारत टाइम्स डिजिटल में असिस्टेंट न्यूज एडिटर। ग्रेजुएशन तक साइंस स्टूडेंट। इसके बाद मीडिया में पोस्ट ग्रेजुएशन की पढ़ाई। लखनऊ से पत्रकारिता का सफर शुरू हुआ जो वाया आगरा, दिल्ली-NCR फिर नवाबों के शहर आ पहुंचा है। लंबे समय तक दैनिक जागरण प्रिंट में काम किया। अब 'न्यू मीडिया' की बारीकियों को समझने का सिलसिला जारी है।
Source:Navbharat Times
January 17, 2024 11:00 UTC