Tagged: Latest Trending News
Renowned Indian-American inventor Rajiv Joshi has bagged the prestigious Inventor of the Year award for his great work in the field of electronic industry and artificial intelligence.
Early life and qualification of Dr Joshi
The master inventor has more than 250 patented inventions in the US and he works at the IBM Thomson Watson Research Center in New York. He is an alumnus of IIT Mumbai and holds an MS degree from the Massachusetts Institute of Technology (MIT). Also, he has done PhD in mechanical/electrical engineering from Columbia University, New … Read the rest
Netflix is offering its premium plans for free for one month. The new members will be provided an opportunity to move into premium plans for 30 days in which they will get all the services of premium members. At the end of the free plan period, they can choose to switch back to their previous plans or continue with the upgraded plans.
Free service by Netflix
The biggest subscription-based streaming service of the world has come up with a marketing tactic to promote its premium plans. It is offering a … Read the rest
Union Health Minister Harsh Vardhan is now the chairman of the 34-member World Health Organization (WHO) Executive Board. He will take charge today from Dr. Hiroki Nakatani of Japan. Harsh Vardhan has been at the forefront of India’s battle against COVID-19.
Harsh Vardhan said on his appointment
He said that he was aware that he was entering that office at a time of global crisis on account of that pandemic. At a time, when the world was aware that there would be many health challenges for in the next two decades. All those challenges demand … Read the rest
In a surprise move, the RBI Governor Shaktikanta Das reduced the repo rate from 4.4% to 4%. Also, the moratorium on banks was extended by another three months due to the extended lockdown. It was his address to media after the government announced 20.97 lakh crore stimulus to the economy.
Highlights of RBI’s announcements
• Monetary Policy Committee of RBI decided the repo rate to 4% from the existing 4.4%. It is the lowest repo rate since 2000. The central bank also sliced the reversed repo rate to 3.35% from the existing 3.75%.
• RBI extended the loan moratorium for … Read the rest
The Central Board of Secondary Education (CBSE) announced dates for pending board exams for Class 12 that were postponed to an indefinite period due to nationwide lockdown in March 25. The board said that those were the 29 main subjects crucial for admissions to further courses.
CBSE declared exam dates
The board will conduct exams in two parts – all India and northeast Delhi. The national capital witnessed rioting in the northeast part in February leading to closure of schools for an indefinite time. After the riots, the central government imposed a nationwide lockdown to break the chain of COVID-19. … Read the rest
Jio Platforms Ltd. received another financial stimulus of $873 million from General Atlantic that invested in Airbnb Inc. and Uber Technologies Inc. It has taken a 1.3% stake in the digital services business of billionaire Mukesh Ambani, Reliance Industries Ltd.
More dollars for billionaire Ambani
The latest stimulus from the US based private equity fund General Atlantic increased the enterprise value of Reliance Industries Ltd. The company now values Rs. 5.16 trillion ($68 billion). And the total transaction raised by Jio is increased to almost $9 billion. It includes stakes bought by Facebook Inc., Silver Lake and Vista Equity Partners. … Read the rest