Wednesday 30 November 2016

Football mourns as plane crash kills Brazilian players

Chapecoense Real was on its way to play in the finals of the Copa Sudamericana when disaster struck

https://goo.gl/dtDB1NThe football world mourned after a plane carrying a Brazilian team crashed in the mountains in Colombia, killing 71 people but miraculously leaving six survivors, officials said.
Football legends Pele and Maradona as well as current superstars Lionel Messi and Cristiano Ronaldo led tributes to the players of Chapecoense Real, a humble team whose march to glory was cut abruptly short.
Having risen only recently from obscurity, the team was on its way to play in the finals of the Copa Sudamericana, South America's second-biggest club tournament, when disaster struck.
The plane went down about 50 kilometers (30 miles) from Medellin, in a remote mountain area called Cerro Gordo.

"The pain is terrible. Just as we had made it, I will not say to the top, but to have national prominence, a tragedy like this happens," club vice-president Ivan Tozzo told Globo SportTV.
"It is very difficult, a very great tragedy."
Colombia's civil aviation authority initially said 75 people were killed, but it later emerged that four people on the passenger manifest had not in fact boarded the plane — a club official, a journalist, the mayor of the team's hometown and the city council president.
"It's one of those things in life. Only God knows why I ended up staying behind," the mayor, Luciano Buligon, told Brazil's TV Globo.

Monday 28 November 2016

Melania Trump is set to be a long-distance first lady

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A long-distance first lady will be one of the many different things about Donald Trump's administration.

Breaking with tradition, Melania Trump and 10-year-old son Barron will remain in New York City until the end of the school year, after the new president moves into the White House on January 20.

The decision sets Melania Trump apart from other first ladies. But it seems in character for the former model and naturalised US citizen from Slovenia.

She was an elusive figure in the campaign and had no political experience before her husband's stunningly successful outsider campaign.

In an interview with US Weekly earlier this year, Melania Trump said that Barron "needs a parent at home, and I like to keep it as normal as possible.

Paytm's in-app POS system: How it works

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Ever since Prime Minister Narendra Modi announced demonetisation of higher old currency notes, Paytm has been exploiting the opportunity at a breakneck speed to capture and disrupt a large part of the market with its e-wallet.

Recently, the online payments company launched a feature for its mobile wallet app that allows shopkeepers to accept payments via credit cards and debit cards. The app was an immediate hit amidst much fanfare. This latest feature is supposed to eliminate the need for a physical point-of-sale (PoS) terminal or a card swipe machine.
Point-of-sale (PoS) system allows merchant transaction via credit and debit cards. The POS component interacts with the Card component to obtain necessary credit card information to complete a sale. Hence with Paytm's new App POS, merchants will be able to accept debit and credit cards using the App without having to buy a card swipe machine.

Paytm’s POS is limited to those merchants who have a smartphone, a working Internet connection and the app

It is quite simple to use this app:

* After generating the bill, the shopkeeper will give his/her smartphone to the customer to enter the card details.

*After a user has a typed in their card details, Paytm takes them to the bank’s website for the two-factor authentication

Customer will then get an OTP (One Time Password) on their device.

The generated OTP will have to be entered in the shopkeeper's device. Thus, the transaction is complete. 

Essentially, a user will have to rely on the bank’s network for the transaction to get through.

Friday 25 November 2016

Here are the five irresistible deals of this Black Friday

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Black Friday is the day following Thanksgiving Day in the United States and since 1932, it has been regarded as the beginning of the Christmas shopping season in the States with most major retailers offering promotional sales. But now, the countries that have traditionally not been known to celebrate this holiday have geared up to take part in the shopping fun that the holiday represents.
According to media reports, almost 50% of sale are that of gadgets. Thereby, technology companies also look forward to this day in India to launch new products, earlier reported Business Standard


Original Price: Rs 18,990.00 
Available for: Rs 7,199.00


Original Price: Rs 1,799
Available for: Rs 799


Original Price: Rs 11,650.00
Available for: Rs 6,499.00



Original Price: Rs 16,000.00
Available for: Rs 12,999.00


Original Price: Rs 78,900.00
Available for: Rs 53,499.00

From kid washed ashore to Obama's war room: Here are TIME's influential pictures

Thursday 24 November 2016

Donald Trump's grandfather was kicked out of Germany?

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Donald Trump's grandfather was kicked out of Germany in early 1900s for failing to do his mandatory military service, a German historian has claimed amid the US President-elect's rhetoric on immigration.
A local council letter from 1905 informed Friedrich Trump — who had become a US citizen — that he would not be granted his German citizenship back and that he had eight weeks to leave the country or be deported, CNN quoted historian Roland Paul as saying.
It is understood the notice was issued after the German authorities discovered he had never carried out military service before emigrating to America.
He also claimed that Trump had illegally left Germany, failing to notify authorities of his plan to immigrate.
Friedrich Trump, who built up a fortune through restaurants and boarding houses after arriving in America as an immigrant, was born in the Bavarian town of Kallstadt.
The Trump camp did not immediately respond to questions on the research, the network said.

From electric cars to phasing out coal: These things can limit global warming to 1.5°C

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After the climate talks in Marrakech, our climate mission remains the same as what was set out in the 2015 Paris Agreeement: to eliminate all carbon dioxide emissions by the middle of this century.
While the long-term focus is on 2050 or 2100, what matters now is the next ten years. If we miss bending the rising emissions curve downward by around 2020, we may well miss the chance to avoid the worst climate damage.
We looked at all the major emitting sectors and the most recent scientific analyses of what can be done – and how fast – to come up with a list of the most important things to do in the next five to ten years to bend the emissions curve downwards.
Removing carbon from the atmosphere
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5 ways how India stands to benefit from the US pulling out of TPP

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United States President-elect Donald Trump on Tuesday said the US will quit the Trans-Pacific Partnership (TPP) trade deal on his first day in the White House. The mega trade deal involves 12 Pacific rim nations including major economies like Japan, Australia, New Zealand and Canada. With a collective population of about 800 million, almost double that of the European Union's single market, the bloc currently accounts for 40 per cent of world trade. While the free trade deal will see tariffs slashed between member nations to boost falling trade, sections within the US has argued it will further accelerate the slide in American jobs and production. Guessing that Trump does not go back on his decision, something he is known to do, India stands to benefit in a plethora of ways if TPP does not materialise.

5) Greater chance of bilateral boost to trade by India and US:

Wednesday 23 November 2016

Has the US Presidential election cast a shadow on Black Friday 2016?

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As US President-elect Donald Trump gears up to take office from the 44th and current President of the United States, pundits are having a field day trying to estimate the impact that will likely have on the US citizens. Among the immediate concerns is the impact the election result will have on the holiday spending, especially Black Friday on November 25, 2016. 
READ OUR FULL COVERAGE ON THE US PRESIDENTIAL ELECTION
While some are ambivalent about it, most media reports have indicated that Black Friday might not see as spectacular spending as expected. According to a news article, this year, Veterans Day - the first peak of several peak spending days during the holiday season – failed to kick off holiday spending. It was reported that the sales we

Has the US Presidential election cast a shadow on Black Friday 2016?

re $380 million lower than expected, at $1.16 billion. Quoting Adobe Digital Insights, the report indicated that the sales registered a measly 1% growth over a year earlier, against the predicted growth of 16%


Black Friday in India!

Why Trump is right, and wrong, about killing off the TPP

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President-elect Donald Trump is right: The Trans-Pacific Partnership (TPP) is a damaging deal and deserves to be killed off.
But he tells a half truth about why the trade accord among a dozen Pacific Rim nations is a bad deal. In Trump’s view, trade agreements like NAFTA have allowed developing countries to “steal” American manufacturing jobs and decimate the well-waged middle class. This is why he says that America should reject the TPP.
But shifting the blame for American joblessness and stagnant incomes obscures the more complex, largely home-grown pressures that led US companies to offshore manufacturing production to low-wage jurisdictions. Promising to tear up certain trade deals and impose tariffs on imports (chiefly from China and Mexico) will do very little if anything to reverse the problem.

Who’s really to blame for America’s manufacturing decline?

So why abandon the TPP?

A better approach to trade


The Conversation logo
This is why the United States should abandon the TPP – and why Australia should support its abandonment. Abandoning the TPP, and requiring our governments to focus their efforts on trade deals that take a prudent approach to market access and a tough line on rent-seeking - would be beneficial for both our countries.

About 80 items likely on GST exemption list

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About 80 items are likely to make it to the exemption list under the proposed goods and services tax (GST), including grains, green coconut, poha, unprocessed green tea leaves, and non-mineral water.

Items such as coffee and processed foods like biscuits, rusk, butter and cheese currently exempted from excise duty, may draw GST.

There are currently around 300 items in the exemption list from central excise duty and 90 from the states value added.

A committee of officials headed by Revenue Secretary Hasmukh Adhia is preparing the item-wise list for GST rates.

Hectic lobbying was done for segment-wise GST rates. Sources said the committee of officials received over 16,000 representations.

For instance, sources said, makers of refrigerators in 200 litre category with chlorofluorocarbon (CFC) made a representation to bring this item in the 18% slab as against the 28% slab. The item, they said, was used by common man nowadays.

READ SOURCE>>>

Tuesday 22 November 2016

Over 90% people with HIV, tuberculosis have access to therapy: UNAIDS

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Over 90 per cent of people in India who are infected simultaneously with HIV and tuberculosis have access to HIV therapy, a new study released today said.
The report by UNAIDS showed that countries are getting on the 'fast-track', with an additional one million people accessing treatment in just six months (January to June 2016).
By June 2016, around 18.2 million (16.1 million-19 million) people had access to the life-saving medicines, including 910,000 children, double the number five years earlier.
If these efforts are sustained and increased, the world will be on track to achieve the target of 30 million people on treatment by 2020, the report said.
"Antiretroviral therapy among TB patients known to be living with HIV was 78 per cent globally, and above 90 per cent in India, Kenya, Malawi, Mozambique, Namibia and Swaziland," the report said.

From Tata vs Mistry to oil and gas auction: 5 key developments

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Business Standard brings to you a list of five key developments across the country.
Nusli Wadia, chairman of Wadia group of companies and an independent director on the Tata Steel, Tata Motors and Tata Chemicals boards, sent a defamation notice to......

The Narendra Modi government is bracing itself for a sharp decline in the manufacturing sector in the coming months, as also in........

After a six-year hiatus, the bidding for oil & gas blocks has started with at least  42 companies submitting 120 bids for about 70 per cent area for the.....

As many as 10 Opposition parties came together to plan a joint protest against the demonetisation of Rs 500 and Rs 1,000 notes inside the parliament complex on.....

The death toll on Monday mounted to 143 in the Indore-Patna Express derailment here in Kanpur rural area, as rescuers wrapped up their operation with little hope of...

Donald Trump is 'just the president', says defiant fugitive Snowden

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Former US National Security Agency contractor Edward Snowden on Monday downplayed the importance of president-elect Donald Trump and again defended his decision to leak documents showing massive surveillance of US citizens' communications.

"Donald Trump is just the president. It's an important position. But it's one of many," Snowden told an internet conference in Stockholm, speaking via a video link from Russia, where he has been living as a fugitive.

The 33-year-old is wanted in the United States to face trial on charges brought under the tough Espionage Act after he leaked thousands of classified documents in 2013 revealing the vast US surveillance of private data put in place after the September 11, 2001 attacks.

He said he was not worried about the Trump administration stepping up efforts to arrest him and stood by his decision to leak the classified material.

"I don't care," he said. "The reality here is that yes, Donald Trump has appointed a new director of the Central Intelligence Agency who uses me as a specific example to say that, look, dissidents should be put to death.

Monday 21 November 2016

Has the US Presidential election cast a shadow on Black Friday 2016?

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As US President-elect Donald Trump gears up to take office from the 44th and current President of the United States, pundits are having a field day trying to estimate the impact that will likely have on the US citizens. Among the immediate concerns is the impact the election result will have on the holiday spending, especially Black Friday on November 25, 2016. 
READ OUR FULL COVERAGE ON THE PRESIDENTIAL ELECTION
While some are ambivalent about it, most media reports have indicated that Black Friday might not see as spectacular spending as expected. According to a news article, this year, Veterans Day - the first peak of several peak spending days during the holiday season – failed to kick off holiday spending. It was reported that the sales were $380 million lower than expected, at $1.16 billion. Quoting Adobe Digital Insights, the report indicated that the sales registered a measly 1% growth over a year earlier, against the predicted growth of 16%



All you should know about New Benami Act

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A new law to prohibit illegal benami transactions, under which up to seven years of imprisonment and penalty for those indulging in such activities could be handed out, would come into effect from November 1, the finance ministry had said on Friday.

In August, Parliament had passed the Benami Transactions (Prohibition) Act, with the assurance from Finance Minister Arun Jaitley that genuine religious trusts would be kept out of the purview of this new legislation.
Related Article:   Staff crunch: Taxman may not be able to scan more than 700,000 bank deposits

“The rules and all the provisions of the Benami Transactions (Prohibition) Act shall come into force on November 1, 2016. After coming into effect, the existing Benami Transactions (Prohibition) Act, 1988, shall be renamed as the Prohibition of Benami Property Transactions Act, 1988,” the Central Board of Direct Taxes (CBDT) said in a release.



Staff crunch: Taxmen may not be able to scan more than 7 lakh bank deposits

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Hobbling with a paucity of staff, the income tax (I-T) department might find it difficult to assess more than 600,000-700,000 cases a year, though the government has suggested that people depositing a minimum of Rs 2.5 lakh cash in their bank accounts during the ongoing demonetisation drive will come under scrutiny.

On Sunday, however, the department warned people against depositing their unaccounted old currency in someone else’s bank account. The tax department said it had decided to slap charges under the newly enforced Benami Transactions Act against violators that carries a penalty, prosecution and rigorous jail term of a maximum seven years.

The demonetisation drive started on November 8, with Prime Minister Narendra Modi announcing that the old series Rs 500 and Rs 1,000 currency notes would be illegal from the next day. Those who possess money in these denominations can get it changed for legal tender from their banks till December 31. However, those depositing Rs 2.5 lakh or more in the old currency would come under the scanner of the I-T department, the government has claimed.

Friday 18 November 2016

The Trump dialogue

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A statement released by Donald Trump's transition team on Wednesday said the US President-elect and vice-president-elect Mike Pence have spoken with 29 foreign leaders since winning the election last week. Here’s the full list of the leaders:
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India ranks 20th on Climate Change Performance Index

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India has been ranked 20th on Climate Change Performance Index (CCPI) 2017, which underlined that countries like India are making "great efforts" in the fields of renewables and energy efficiency.

With the historic Paris Agreement having recently entered into force, the latest CCPI confirms a boost for renewable energy and positive developments in energy efficiency.

The publication was issued by Germanwatch and Climate Action Network Europe.

While these encouraging trends are happening on a global scale, the necessary energy revolution is still happening too slowly, the publication said.

"Morocco (rank eight) continued its upward trend. With massive investments in renewable energy and ambitious mid-term and long-term targets, Morocco is a frontrunner in Africa,” the publication said.
"Positive trends are seen as well among emerging economies of G20 like India (rank 20)Argentina (36) and Brazil (40), which all improved their ranking," it said.

Beware, taxman to watch your posts on social media

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Don’t be surprised if you get a notice from the income tax (I-T) department for flaunting an expensive watch or car on social media platforms such as Facebook, Twitter or Instagram.

I-T department’s Project Insight, to be launched in the 2017-18 financial year, aims to mine big data from social media to scrutinise potential tax evaders. “If you flaunt that you have gone on an expensive trip to a foreign location on Facebook and other social media, we will gather that information to match it with your income declared,” a finance ministry official said.

Another official confirmed that Project Insight will include data from social media platforms. “Project Insight will essentially do data mining. It will use inputs from various sources. Social media would be one of those,” he said. The work on Project Insight has already begun and the department plans to launch it soon.
When asked whether the project would come into force from the beginning of the next financial year, an official said such details were yet to be finalised. 

Bathrooms with a view, for the super-rich

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In every home she designs, Clodagh is known for her focus on sustainability and nature; above all, she’s uncompromising in her efforts to bring the outdoors inside. And the Irish-born interiors expert (yes, she goes by one name only) believes there’s one room in which such connections with nature are more impactful than anywhere else in a home.
I always suggest designing bathrooms with a view,” she told us by phone from her office in New York. “That’s a room, remember, that used to be called a water closet, because it was so tucked away. But you spend eight or 10 hours in there a week, and it’s one of the places where you can refresh, renew and get natural light. The skin is the largest organ on your body, and taking in natural light is very propitious for health and wellness.”

In Clodagh’s own home offers a view of the outdoors from every amenity, be it tub, sauna, shower, or toilet; for clients, she finds ingenious ways to provide a view, such as a skylight so “you can lie in the tub and look at the sky.” Recently, she even insisted on blasting a large hole in the load-bearing exterior wall of a client’s house in Miami, giving the rain shower a view over the inland waterway. “I’m not nicknamed the Demolition Queen for nothing,” she laughed.