Bill Gates "Giving Pledge", more than 170 extremely rich have decided t part with their wealth at least fifty percent. 'Giving Pledge' have been the torch bearer to stream live may to donate part of the money to philanthropy, getting the roller of private government, aiming to eradicate poverty, its roots from the world at large. Nandan Nilekani, Infosys fame, and his wife Rohini have become the recent signatory to pledge from India.
ADB or Asian Development Bank to lend 500 Million Dollars to improve large scale power transmission from Nothern India to Southern Indian region. It also includes integrating renewable energy to the power grid in India. The integration of inter-regional connectibvity enables bulkpower transmission to southern region, where the power consumption drastically increases during summer. This project definetly bridges the void in generation of power and consumption in the southern states like Tamil Nadu, Kerala.
E-commerce giant Snapdeal has come out with a novel 'Cash@Home' service, which allows users to order Rs 2,000 cash and get it delivered at their doorstep. "The launch of the cash on demand service is intended to further help our consumers tide over any cash crunch that they might face in addressing their daily needs," Snapdeal Co-founder Rohit Bansal said in a statement. Snapdeal will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility.
After the demonetisation new notes of 500 and 1000 are being printed.The new notes are entirely different from the scrapped ones,with less thickness and small size.RBI governor Urjit Patel said that the reason for the difference in thickness and size is, "People have asked about this.This is because the new currency has been designed to make it hard to counterfeit. When you are going to make a change of this magnitude, you need to get the best standards in place," Patel said.
Bajaj Chetak was easily the most common two wheeler in Indian streets during the 70 s and 80 s. The company stopped the production of the Chetak in 2006. Bajaj in 2002, updated the scooter, which was then available with a four-stroke engine.Now seeing the rising demand of scooters in the country in the recent past, Bajaj is reportedly planning to relaunch the Chetak.Rumoured to be launched sometime in 2017, the Chetak is expected to an all-new design and modern features to attract the customers and give competition to the already powerful Honda Activa 125 and TVS Jupiter in the market.
Indian currency has hit a record low of 68.86 per dollar on Thursday. The low surpassed the rupee's previous all-time low of 68.85 hit in August 2013, when the country was mired in its worst currency crisis in more than two decades.The Reserve Bank of India (RBI) is likely to intervene after the rupee , pressured by broad strength in the U.S. dollar, capital outflows from emerging markets, and worries about India's demonetisation drive. The intervention from the RBI sparked a slight rebound in the rupee to 68.83, traders said.
The bolt from the blue that the decision to demonetise 500 and 1000 rupee notes is,has made people absolutely frantic.After the announcement of the govt. people who had stashed black money,have looked for ways to convert their unaccounted money into white. Investing in Gold has always been one of the safest and easiest options.Now reports suggest that tons of gold were sold in just two days after the big demonetization announcement by the govt. on 8th November.
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