Railways Tops In Corruption Complaints

The Central Vigilance Commission’s Annual Report, 2011, tabled in the Parliament, has revealed that over 8,800 complaints of alleged graft against railway employees were received by the Central Vigilance Commission last year. A total of 8,805 complaints of alleged corruption were received against Railways employees, followed by 8,430 against banks … [Read more...]

Internet Could Contribute $100 Billion To GDP

The Internet’s potential contribution to India’s gross domestic product by 2015 may leap to $100 billion by 2015, from about $30 billion in 2011, according to a study by McKinsey & Co. The study says this is because the number of Internet users in the country is expected to reach anywhere between 330 million and 370 million by then. “India will … [Read more...]

Putin Signs Anti-US Adoption Bill

Putin

On December 28, Russian President Vladimir Putin signed into law a measure that bans the adoption of the Russian children by US families effective January 1, 2013. The action could affect hundreds of US families seeking to adopt. Americans adopted close to 1,000 Russian children last year, according to the US State Department … [Read more...]

MCX-SX Gets Government Recognition

MCX.SX

The Union Ministry of Corporate Affairs (MCA) has granted MCX Stock Exchange (MCX-SX) the status of a ''recognised stock exchange''. Earlier, MCX-SX received ''commencement certificate'' from Securities and Exchange Board of India (SEBI) on Dec. 19, 2012 for going live in new product segments such as equity, wholesale debt (bonds) and interest rate … [Read more...]

Bihar Is Fastest Growing State

Bihar has emerged as the fastest growing state in the country with a growth rate of 10.9 per cent. According to the Planning Commission data, Bihar was the slowest growing state during 2001-05 period with GDP figure of 2.9 per cent. However, between 2006 and 2010, it grew at 10.9 per cent, becoming the fastest growing state and shedding the tag of BIMARU (an … [Read more...]

Norman Schwarzkopf Dies

Norman Schwarzkopf

Retired Army Gen. Norman Schwarzkopf, who claimed his place in the history books for leading U.S. troops during the first Gulf War in 1991, died on December 27. He was 78. Schwarzkopf, who was given the nickname of Stormin' Norman, led the invasion of Iraq and expelled Saddam Hussein's Iraqi forces from Kuwait in 1991. #adsense# After Saddam invaded … [Read more...]

Peter Higgs Among New Year Honours List

Peter Higgis

Physicist Peter Higgs, after whom the Higgs boson particle is named, has been recognised in the UK’s New Year Honours. In the 1960s, Prof Higgs and other physicists proposed a mechanism to explain why the most basic building blocks of the Universe have mass. The mechanism predicts the existence of a Higgs particle, the discovery of which was claimed … [Read more...]

Giant Asteroid No Threat to Earth

Asetroid

A huge asteroid that will creep near Earth in 28 years will pass harmlessly by, a new study confirms. New observations of the Asteroid 2011 AG5 now give astronomers complete confidence that the 460–foot-wide (140 meters) space rock won't hit Earth in the year 2040. When it was discovered last year, scientists said that 2011 AG5 had a 1-in-500 chance of … [Read more...]

Antarctic Ice Sheet Warming Twice Earlier Estimate

According to a new analysis, published in the journal, Nature Geoscience, suggests that Western Antarctic Ice Sheet is nearly twice as fast as previously thought. The research, conducted by the US researchers, has found the first evidence of warming during the southern hemisphere's summer months. #adsense# There is clear evidence that the West … [Read more...]

N Railway Connects With Kashmir Valley

Qazigund Banihal

On December 28, an important milestone was achieved in connecting Kashmir with the rail network of the country as trail run was conducted on newly completed section of Qazigund Banihal in the prestigious Udhampur Baramulla Rial Link Project. #adsense# An 11 Kilometer tunnel in this section has been completed with a cost of 1800 crore paving way for the … [Read more...]