Search Results for: forex reserves

PNB scam: Lapses at several levels led to India's largest bank fraud, report says

A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.

Jun 20, 2018

Volcanoes produce music deep inside them and it could help prepare for eruptions

Craters are like windpipes and high-pressure air moved around by the changing shape of the craters can help predict eruptions and save lives.

Jun 18, 2018

Narendra Modi In Seychelles during his visit to country in 2015

India looks for answers as Seychelles backs out of naval base

The development has taken place 10 days before Seychelles President Danny Faure visits India.

Jun 17, 2018

Tesla sends home 9% workers as Elon Musk chases elusive profits

The measure means that some 4,100 of the firm's 46,000 employees will lose their jobs. The layoffs will not affect operations at the factory producing the Model 3.

Jun 13, 2018

Belt that listens to your poop? Detecting irritable-bowel syndrome made easy by Nobel laureate

The belt, which is being developed by Nobel Prize winner Australian physician Barry Marshall and his colleagues, will record the creaks and undulations of the gut and then use a software to analyze it.

Jun 8, 2018

'India stands by Ramadan ceasefire but violations will be met in kind'

Two BSF jawans were killed and 13 civilians got injured after Pakistan violated the ceasefire in the wee hours of Sunday morning.

Jun 5, 2018

crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Crude prices edge down but these five factors will determine future course

Researchers say oil prices could average at $70-72 per barrel this year. However, they add that significant external factors can still add volatility to the oil market. They have put down the following oil market triggers that need to be watched.

May 29, 2018

Obese people are more likely to survive infections in hospitals than others

In three different studies conducted in the United States and Denmark, obese people in hospitals are found to be more likely to survive infections ranging from pneumonia to sepsis, say researchers.

May 25, 2018

SpaceX launches NASA's twin GRACE-FO satellites to track Earth's ice, gravity and water

SpaceX used the same Falcon 9 they used to launch the Zuma payload for the USAF last year. While the team did not attempt to land the core stage, they did try to catch the fairing. But Mr.Steven, the giant net aboard a ship, was unable to stick.

May 23, 2018

the first baby is born in Brazilian island in 12 years

Baby born after 12 years in Brazil's remote island where childbirth is banned

Fernando de Noronha, a remote island in Brazil, is celebrating the birth of a baby girl for the first time in 12 years as childbirth was banned in the island.

May 21, 2018

US sanctions on Iran threaten vital Afghanistan trade project

The US-led invasion to oust the Taliban from power had started 17 years ago, and Afghanistan still remains one of the world's poorest countries, highly dependent on foreign aid.

May 20, 2018

note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Suspected RBI interventions stems rupee's fall

Sharply rising U.S. dollar yields have boosted the dollar on international exchanges, and the rupee was also coming under pressure from firm crude oil prices that will weigh on India's already widening trade deficit.

May 16, 2018

Fraud-hit PNB suffers biggest ever quarterly loss for an Indian bank

The bank's shares ended down 3.8 percent, their lowest close since June 13, 2016, having fallen as much as 6.4 percent after the results. The stock has lost almost half of its value this year making it the worst performer among Indian bank stocks.

May 16, 2018

chimpanzee (Wikimedia Commons/Kabir Bakie)

Decade-long census finds more gorillas, chimpanzees

A decade-long study of Western Equatorial Africa's gorillas and chimpanzees has uncovered both good and bad news. The Wildlife Conservation Society (WCS)-led study titled "Guns, germs, and trees determine density and distribution of gorillas and chimpanzees in Western Equatorial Africa" appears in the latest edition of the journal Science Advances.

Apr 27, 2018

World's first trillionaires will make their fortune mining asteroids in space

Space mining is the next big industry that has the potential to yield gargantuan profits because there are massive stores of precious resources and metals that are simply waiting to be grabbed by those who can reach there first.

Apr 23, 2018

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