Bariatric surgery ideal to address acute obesity

Bariatric surgery ideal to address acute obesity

New Delhi [India], Mar. 15 : Obesity in India has been increasing at an alarming rate over the past three decades.

India is under siege; junk food, alcohol and sedentary lifestyle are leading us to silent self-destruction, making one in every five Indian men and women either obese or overweight.

According to a study published in the noted journal Lancet, India is just behind US and China in this global hazard list of top 10 countries with highest number of obese people.

Did you know spiders eat 800 million tonnes of prey every year?

Did you know spiders eat 800 million tonnes of prey every year?

Washington D.C. [U.S.A.], Mar. 15 : A study shows that global spider population - with a weight of around 25 million tonnes - wipes out an estimated 400-800 million tonnes of prey every year, thus making an essential contribution to maintain the ecological balance of nature.

According to Zoologists at the University of Basel in Switzerland and Lund University in Sweden, more than 90 percent of the prey is insects and springtails (Collembola) and furthermore, large tropical spiders occasionally prey on small vertebrates - frogs, lizards, snakes, fish, birds and bats - or feed on plants.

The study was published in the journal 'The Science of Nature'.

World's oldest plant fossil discovered in India

World's oldest plant fossil discovered in India

Washington D.C. [U.S.A.], Mar. 15 : A team of researchers has discovered fossils of 1.6 billion-year-old probable red algae in India, indicating that advanced multicellular life evolved on earth much earlier than previously thought.

The study, appeared in the open access journal PLOS Biology, found two kinds of fossils resembling red algae - first type is thread-like, the other one consists of fleshy colonies - in uniquely well-preserved sedimentary rocks at Chitrakoot in Central India.

The scientists were able to see distinct inner cell structures and so-called cell fountains, the bundles of packed and splaying filaments that form the body of the fleshy forms and are characteristics of red algae.

Inflation soars to 3.65 per cent in February

Inflation soars to 3.65 per cent in February

New Delhi [India], Mar. 15 : Retail inflation rose to a four-month high of 3.65 per cent in February this year, mainly due to an increase in the prices of food items.

Inflation measured in terms of the Consumer Price Index had stood at 3.17 per cent in January this year. Retail inflation was 5.26 per cent in February last year.

According to data released by the Central Statistics Office, retail inflation in food items rose to 2.01 per cent in February, from 0.61 per cent in January.

But prices of vegetables declined by 8.29 percent and of pulses by 9.02 per cent.

The increase in prices may weaken the case for an immediate interest rate cut by the RBI, which had kept lending rates unchanged at the last review in February, citing risks to inflation. (ANI)

India Innovation Growth Programme (IIGP) 2.0 to support Industrial and Social Innovations

India Innovation Growth Programme (IIGP) 2.0 to support Industrial and Social

New Delhi [India], Mar 14 : Strengthening its commitment to foster innovation and entrepreneurship, the Department of Science and Technology launched the India Innovation Growth Programme 2.0 on Saturday.

The programme has been running since 2007 with the support of Lockheed Martin Corporation and has supported close to 500 innovators, start-ups, creating an economic value of approx. USD 900 million.

The programme has been administered by the Indo-US Science and Technology Forum and implemented by the Federation of Indian Chambers of Commerce and Industry (FICCI).

Through a wide outreach campaign undertaken by FICCI over the last 10

Sales leader appointed to head up Alcatel-Lucent Enterprise APAC Sales

Sales leader appointed to head up Alcatel-Lucent Enterprise APAC Sales

New Delhi [India], Mar 14 : ALE, operating under the Alcatel-Lucent Enterprise brand, today announced the expansion of its senior leadership team in Asia Pacific, a key region for the company, with the appointment of Pierre Samson as Vice President of Sales. Pierre will assume his role effective immediately and will be based from Singapore. He will report to Matthieu Destot, Executive Vice President, Global Sales and Marketing, ALE.

Pierre has over 12 years of experience in the industry and has held senior leadership positions as Head of the Unified Communication and Collaboration Business Unit for Large Accounts at Orange Business Services and most recently as Chief Operating Officer and Chief Sales Officer at Lexsi, a cyber security specialist which was acquired by Orange in 2016.

Air Freight Bazaar launches services globally; aims at meeting all needs

Air Freight Bazaar launches services globally; aims at meeting all needs

New Delhi [India], Mar 14 : India's first global Air Cargo aggregator platform Air Freight Bazaar has announced the launch of its services in India here today.

The platform is world's first air freight aggregator that provides freight forwarding rates and information related to the overall air cargo industry in real-time. Air Freight Bazaar's unique, single, global platform aims at addressing all the needs and requirements of the air cargo Industry bringing transparency, simplicity and efficiency into the process.

BSA appoints Venkatesh Krishnamoorthy as Country Manager

BSA appoints Venkatesh Krishnamoorthy as Country Manager

New Delhi [India], Mar 14 : The Software Alliance BSA on Tuesday announced the appointment of Venkatesh Krishnamoorthy as its Country Manager, India.

Venkatesh will lead all BSA activity in India with initiatives aimed at furthering BSA's policy priorities relating to software, managing software licensing compliance programs, and related enforcement strategies.

As Country Manager for India, Venkatesh will work closely with BSA

members to invest in areas that promote the continued progress of technology innovation so that India can capitalize on the opportunities of both today and tomorrow.

February WPI inflation rises 6.55 percent against 5.25 percent

February WPI inflation rises 6.55 percent against 5.25 percent

New Delhi [India], Mar 14 : The Wholesale Price Index (WPI) or inflation for the month of February rose by 0.5 percent to 185.5 (provisional) from 184.6 (provisional) for the previous month.

The annual rate of inflation, based on monthly WPI, stood at 6.55 percent (provisional) for the month of February, 2017 (over February, 2016) as compared to 5.25 percent (provisional) for the previous month and -0.85 percent during the corresponding month of the previous year.

Primary articles index rose by 0.9 percent to 258.1 (provisional) from 255.7 (provisional) for the previous month.

New find paves way for 'brain-like' computers

New find paves way for 'brain-like' computers

Washington D.C. [USA], Mar. 13 : Turns out, brain is 10 times more active than previously measured.

This UCLA finding could change scientists' understanding of how the brain works and could lead to new approaches for treating neurological disorders and for developing computers that "think" more like humans.

The research focused on the structure and function of dendrites, which are components of neurons, the nerve cells in the brain. Neurons are large, tree-like structures made up of a body, the soma, with numerous branches called dendrites extending outward.

'Fishing out' radioactive elements from nuclear waste

'Fishing out' radioactive elements from nuclear waste

Washington D.C. [USA], Mar. 13 : According to a recent study, arsenic molecules might be used to "fish out" the most toxic elements from radioactive nuclear waste - a breakthrough that could make the decommissioning industry even safer and more effective.

The University of Manchester's Elizabeth Wildman reported the first examples of thorium with multiple bonds to arsenic to exist under ambient conditions on multi-gram scales where before they had only been prepared on very small scales at temperatures approaching that of interstellar space (3-10 Kelvin).

"Nuclear power could potentially produce far less carbon dioxide than fossil fuels, but the long-lived waste it produces is radioactive and needs to be handled appropriately," said Wildman.

Google splash colours on its Doodle to celebrate Holi!

Google splash colours on its Doodle to celebrate Holi!

New Delhi [India], Mar. 13 : When the festival of colours is here, how can Google be far behind from celebrating it!

Hence it dedicated the Doodle today to celebrate Holi, by taking on a fresh set of colours on it.

Google took to its blog to describe its Doodle, which read, "Today, the Google letters are taking on a fresh set of colors in honor of the Holi festival. Coinciding with the arrival of spring, the vibrant celebration looks a lot like the Doodle: people run around happily covering each other in a rainbow of powdery hues."

SBI announces 'SBI Infra Management Solutions' for estate matters

SBI announces 'SBI Infra Management Solutions' for estate matters

New Delhi [India], Mar 11 : The State Bank of India (SBI) on Saturday announced the incorporation of SBI Infra Management Solutions Pvt. Ltd. (SBIIMS Pvt. Ltd.) - a wholly owned subsidiary of SBI to manage premises and estate related matters of SBI.

The new subsidiary will be responsible for handling transaction management or advisory services, project management, facility management and implementation of policies and initiatives.

The decision to incorporate separate entity is implemented to save time of banks' executives who were involved in managing this non-core business so that these executives can instead focus on core Banking Services.

Mother Dairy to hike prices for Delhi NCR from today

Mother Dairy to hike prices for Delhi NCR from today

New Delhi [India], Mar 11 : Mother Dairy has announced price hike of all its variants in the Delhi NCR region with effect from today, i.e. March 11.

The milk manufacturer has announced the hike for its poly pack milk variants and bulk vended milk ( BVM) commonly referred as Token Milk.

The last consumer price revision in Delhi NCR for poly pack milk was taken in July 2016. Since then the consumer milk prices have been retained despite significant increase in raw milk purchase prices.

The milk prices which in a normal year comes down during winter months have gone up substantially. It is important to note that Mother Dairy has increased its farm prices by about Rs. 2.5 to Rs. 3/kg over July and compared to last year the prices are up by Rs. 5 to Rs. 6/kg.

Paytm to introduce new features to prevent credit card misuse in add money

Paytm to introduce new features to prevent credit card misuse in add money

New Delhi [India], Mar 10 : Paytm has announced that it is going to introduce new features to prevent the misuse of credit cards in adding money to the Paytm Wallet.

The company in a statement said that millions of customers and merchants have adopted Paytm as a part of their everyday life that includes paying at offline stores, shopping for groceries, paying for travel and paying their utility bills.

Genpact leverages artificial intelligence to help CFOs run smarter organizations with faster, more accurate financial reporting

Genpact leverages artificial intelligence to help CFOs run smarter organizations

New Delhi [India], Mar 10 : Global leader in digitally-powered business process management and services Genpact has launched its Artificial Intelligence (AI) Reporting solution that harnesses the power of AI technologies to automate financial planning and analysis (FP&A) operations and drive more timely, insightful reporting.

CFOs have fast, seamless access to both internal and external data sources like never before, driving more accurate forecasts for quicker, smarter business decisions.

Commodity Trading Tips for Cotton by Kedia Commodity

Commodity Trading Tips for Cotton by Kedia Commodity

Cotton on MCX settled down by -1.02% at 21330 as exports to China may slow down till September due to reserve stocks auctions. Further, rising arrivals from major producing belts also weighed on cotton. Cotton Association of India pegged cotton production for year 2016-17 at 34.1 million bales higher by 1% as compared to 33.8 million bales produced last year while total domestic consumption was estimated at 29.5 million bales. Government also pegged total cotton production for year 2016-17 at 32.507 million bales in its second advance estimates. In addition to this, cautious trading ahead of USDA monthly global supply and demand estimation report which is scheduled to be release also kept cotton under pressure.

Commodity Trading Tips for Cardamom by Kedia Commodity

Commodity Trading Tips for Cardamom by Kedia Commodity

Cardamom on MCX settled down by -2.22% at 1402.5 as stockists are on the fence due to tight money market though stock position is tight. However, warmer weather in the all the producing centres of south India may check price fall. Poor South West and North East monsoon is likely to impact adversely on the production of cardamom for the coming season as well. Cardamom prices are likely to trade range bound to firm for the coming couple of weeks, the report added. Harvesting of cardamom is over and arrivals are likely to decline in the coming days. According traders estimates, cardamom production for the current year is around 18,000 ton down from 28,000 tons a year ago showing a fall of 35.7% on year.

Commodity Trading Tips for Maize by Kedia Commodity

Commodity Trading Tips for Maize by Kedia Commodity

Maize on NCDEX settled up by 0.21% at 1434 on short covering after prices dropped ample global supplies. However upside also seen limited pressured by production outlooks from South America. Argentina's Rosario Exchange raised its forecasts for the 2016/17 corn crops, citing better than expected yields and improving weather in late February. The Exchange's report also raised the corn crop outlook to 38 million tonnes from 36.5 million tonnes previously. Corn prices dropped after the government Crop Estimates Committee forecast a 2017 harvest of 13.918 million tonnes, 79 percent more than in 2016. That forecast was 6 percent higher than expectations of 13.11 million tonnes.

Commodity Trading Tips for Jeera by Kedia Commodity

Commodity Trading Tips for Jeera by Kedia Commodity

Jeera on NCDEX settled up by 1.77% at 17220 on expectations of increase in export demand at the spot market. There are expectations of increase in export demand at slightly lower levels. Jeera output during 2017 is estimated up at 5.83 million bags of 55 kilogram each from 4.21 million bags a year ago. Though jeera output may rise but prices are likely to decline due to higher export demand, opined most of the traders in the seminar. Jeera export in next fiscal is estimated around 100,000 ton. The arrivals of jeera in Gujarat are improving so as the demand. As per Agmarknet data, during Feb 27- Mar 4 about 9,901 tonnes of jeera arrived compared to 6,273 tonnes in the previous week.

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