28 Apr 2016

Regulatory framework for P2P lending

The Reserve Bank of India (RBI) has come up with a regulatory framework for the peer-to-peer (P2P) lending platforms which; although in their nascent stages, are growing exponentially.

Govt bans importing dogs for commercial purposes

The Directorate General of Foreign Trade (DGFT) notified that importing dogs for breeding or any such commercial activities in India has been banned.

Facebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue

Facebook surpassed the estimates in its Q1-2016 earnings report with $5.38 billion in revenue and $0.77 earnings/share.

India faces a severe job shortage: UNDP

The United Nations Development Program (UNPD) in its latest Asia-Pacific Human Development Report has said that India faces a severe job shortage.

Rajasthan's plug and play policy to boost manufacturing

Rajasthan is planning to build manufacturing facilities, where manufacturers can directly move in the machinery and start production.

27 Apr 2016

Nadal wants his drug-test results made public

Fourteen-time grand slam champion Rafael Nadal wrote to the president of the International Tennis Federation (ITF) and asked for all of his drug-test results and blood profile records to be made public.

Govt to spend Rs.553 crores to tackle pollution

In a bid to control pollution in major cities, the Union government will spend Rs.553 crores in the next 5 years starting from financial year 2016-17.

Inquest jury blames police for the 1989 Hillsborough disaster

30 years after the Hillsborough disaster in England, an inquest jury declared that it was the policemen who were guilty of the "unlawful deaths and not the fans".

India 'not yet ready' for intelligence sharing with US

The US is pushing India for a Defence Intelligence Sharing Agreement to further strengthen defence ties between the two nations.

Visakhapatnam biodiesel facility still on fire

Biomax's biodiesel facility (estimated to be one of India's biggest) with a manufacturing volume of 5 lakh tonnes per year continued to burn, 2nd day after it caught fire.

3D optical illusions as speed breakers

The road transport and highways ministry is planning virtual speed breakers to check the speed of vehicles on the roads.