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Politics

Fadnavis Apologizes On Governor’s Speech Translation Gaffe

A havoc was brought in the assembly after the speech of CV Rao was played in Gujarati in the house instead of the Marathi translation. Following this incident, the Chief Minister of Maharashtra, Devendra Fadnavis expressed his sincere apologies to everyone in the assembly. This has been an embarrassing situation for the ruling party BJP and Shiv Sena. Fadnavis conveyed his apologies as soon as he came to know about this blunder.

Fadnavis Apologizes On Governor’s Speech Translation Gaffe

This incident took place during the first day of the Budget session of Maharashtra’s Legislature when the Governor was addressing the members during the joint session of members of council and assembly. The opposition party members of Congress and Nationalist Congress Party were furious after listening to the Gujarati feed of Governor’s speech in their headphones and they started criticizing the government and started demanding the Marathi translation of the speech.

Radhakrishna Vikhe-Patil, the leader of Congress in the Assembly said that this incident should not be taken on a lighter note and adding to this statement Dhananjay Munde, NCP’s council member said that the Government has let down 12 crore people of Maharashtra by this incident. After this incident, the members of the opposition boycotted the rest of the speech by Rao and walked out of the house.

Vinod Tawde stated that after hearing the Gujarati audio, he went to the control room and found Marathi translation of the speech and so it is possible that there must have been some technical problem. Fadnavis has urged Speaker Haribhau Bagade to look into the matter and take severe steps against those who are accountable for this terrible incident.

This is the first time such thing has happened in the history of Maharashtra and that too a day before the state is about to celebrate as Marathi Language Day.

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News

Coal Shortage Hit Power Plants, Energy Supply Likely To Be Affected

The latest report from the Central Electricity Authority has increased central government worries over the coal shortage in the country. According to the shared report, the 46-coal-fired power plants running on fewer coal stocks which will last for a week only. The sudden natural resource crisis will make the Power Sector suffer in the coming time.

The report shared was shared on February 22, 2017, states that among 113 power plants of the country 6 plants have already stocked-out of coal while eight plants have the stock for one day for power generation. Last year, the suppliers faced critical coal shortage during the Monsoon season and failed to overcome it until now. This led the coal price to take a jump and crossed Rs. 11/unit in September and made the government take serious actions to increase the supply.

Coal Shortage Hit Power Plants, Energy Supply Likely To Be Affected

In January to deal with the shortage the government has started individual railway transportation for supplying the coals in a shorter time. In addition, the government also made sure that the new power plant projects will be built in the 500 KM circle of the coal mines. To speed up the transportation process, a conveyor-belt transportation system will be built for the power plants less than 200 KM range of the Pit-heads in the next 2 years.

However, the authority report says that there are 12 non pit-head power plants that are running with stock available for less than 4 days. Moreover, the plants with coal stock for less than a week including Bhatinda, Panki, and Badarpur are already being shut down.

The officials and experts have estimated that almost 615 million tons of coal will be required to fulfill the domestic power consumption in 2018–2019. This means the Coal India Limited (CIL) needs to supply 228 rakes of coal every single day in order to match the estimated demand of the nation.

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Politics

Yeddyurappa Turns 75, PM Attends The Celebrations

Yeddyurappa, the CM candidate for BJP in Karnataka turned 75 and PM Modi visited him from New Delhi to give him Birthday wishes. A huge crowd was gathered in Davanagere to wish Yeddyurappa and people saw Modi by his side. Modi gave a plow to Yeddyurappa as a Birthday Gift. His birthday was marked as Farmer’s meet.

Yeddyurappa Turns 75, PM Attends The Celebrations

There are speculations that Narendra Modi might break his protocol of not giving ministerial positions to the BJP leaders who turn 75. Yeddyurappa knows about this protocol and he speculates his position in Karnataka as the CM if BJP comes to power in the elections which are going to take place in May. The PM has brought an end to all such considerations by announcing that if BJP wins the elections in Karnataka, Yeddyurappa will be appointed as the CM.

Although, it’s better to be cautious, so the followers of Yeddyurappa have alerted everyone in the party to refrain from mentioning his age in their Birthday Wishes. This includes the former CMs Jagadish Shettar and Sadananda Gowda who greeted Yeddyurappa without writing his age. Union Minister Ananth Kumar took a toll by tweeting wishes to his former mentor by mentioning his age.

There have been talks in the party which have worried him but he has dismissed the rumors that the BJP is planning to include him in the Margdarshak Mandal.

The opposition party JDS and the Congress have remarked against this declaration of Yeddyurappa being the CM face of BJP by Modi and have gone further to suggest that Modi should make Yeddyurappa a part of the Margdarshak Mandal to stay strong on his rules of barring ministerial positions to leaders turning 75.

The political analysts have observed that such a decision by BJP is in accordance with TINA (There Is No Alternative).

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Technology

Users Now Can Get Their Hands On OnePlus 5T At A Discounted Cost

If you ever wished the OnePlus 5T, the newest handset of the company in the industry, at a discounted cost, then here is your opportunity. The two variants of the smartphone namely 128 GB and 64 GB, can be brought for a price tag of Rs 1,500 less than their actual price labels. While the 64 GB model has a price tag of Rs 32,999, the 128 GB version is price label of Rs 37,999. Post the discount, these will have a price tag of Rs 31,499 as well as Rs 36,499 respectively.

Users Now Can Get Their Hands On OnePlus 5T At A Discounted Cost

This scheme for ICICI Bank card users on EMI is only obtainable from Amazon India next to other schemes such as:

  • Download Kindle application and log in to receive 80% off on eBooks of almost Rs 500
  • Idea consumers receive 1008 GB of Internet data for 18 Months
  • Streaming videos in app of Amazon Prime video will give you Amazon Pay balance worth Rs 250
  • Free accidental damage insurance for 12 month

The OnePlus 5T sports a bezel-less 6.1-inch full HD AMOLED display and 18:9 aspect ratio. The display is protected with a layer of Corning Gorilla Glass 5 on top. The phone runs on Android 7.1 Nougat and is upgradable to android 8.0 Oreo. Speaking of the processor, the phone is powered by a Qualcomm Snapdragon 835 processor along with 8 GB of RAM and 128 GB internal memory. This memory can be further expanded via MicroSD card.

Moving towards the connectivity part, the OnePlus 5T features 4G, 3G, VoLTE, Wi-Fi, GPS, Bluetooth, and FM as well. The phone has an original price tag of Rs 37,999 for 128 GB version. The phone is available in 2 different color versions apart from the latest Lava Red limited edition. Speaking of the imaging duties, the OnePlus 5T has 20 MP of rear camera along with f/2.0 aperture with LED flash, and phase detection autofocus.

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Politics

Amit Shah Lashes Out At RaGa, Siddaramaiah Government

Amit Shah, BJP stalwart was highly critical of congress leader Rahul Gandhi for relentless attacks on PM Modi for the Rs. 11,400 crore, scam that had been carried out by diamond trader Nirav Modi and officials of Punjab National Bank. He asserted that no other government in the past had taken the kind of swift action and stringent action to nab the culprits or freeze assets as the Modi government. He also accused the current Karnataka government led by Siddaramaiah of Congress party of ruining the state by following “Three D” policy that stand for “Dhokha or cheating, Dadagiri or goondaism and Dynastic politics”.

Amit Shah Lashes Out At RaGa, Siddaramaiah Government

He stated that both the investigation agencies CBI and Enforcement Directorate are carrying out all the necessary steps to investigate the case. Mr. Gandhi has been not been leaving any opportunity to criticize the Modi government of lapses and allowing Nirav Modi and his accomplice and uncle Mehul Choksi to escape the country at rallies in Karnataka’s Vijapur and Bagalkote districts. He questioned PM Modi’s silence about the issue as he considered himself to be India’s watchman. Amit Shah declared that BJP is likely to win the election this time and form the government in Karnataka as current Siddaramaiah government had failed in fulfilling its promises to the people about a corruption free government.

Mr. Shah stated that if BJP is voted to power it will repeal the controversial proposal to create a separate religion for the Lingayat community that had led to dividing the state on lines of community. He asserted that Siddaramaiah’s government was cheating its people who are claiming that never has such a “goonda” government been seen before and that they are fed up with the two families that have been ruling the state one after another. His jibe about dynastic politics was aimed at Mallikarjun Kharge and he declared that BJP workers have informed him about the state of backwardness in the man’s constituency.

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Technology

Paytm Provides Choice For Non-KYC Consumers To Employ Gift Vouchers

Users can still load cash into their Paytm wallet even if they have not finished their KYC (Know Your Consumer) official procedure. Paytm seems to be operating around the newest directive of the RBI for obligatory KYC, where consumers can load cash into their wallets on the platform via gift vouchers.

But these gift vouchers will not allow you send it back to your bank accounts or send cast to others. They also arrive with an ending date of 1 Year. This is a standard practice amongst companies rolling such vouchers.

Paytm Provides Choice For Non-KYC Consumers To Employ Gift Vouchers

As posted by the local media, digital wallets or PPIs (prepaid payment instruments) are reeling below severe stress with fresh rules kicking in. Paytm has been branching out into other businesses from its fundamental e-wallet business. Paytm’s decision to roll out gift vouchers arrives as a plan to minimize the harm to its e-wallet non-KYC consumer base.

Paytm has been attempting to shift consumers to its channel from a pure-play e-wallet on the UPI, or Unified Payments Interface platform. The early affect of the RBI’s rules has been felt by firms. Amazon India has already witnessed a 30% fall in its e-wallet consumer base. When made a contact, a spokesperson of Paytm refused to answer on the issue. As per an executive of the industry who did not wish to be identified, gift vouchers have been working in the grey market.

On a similar note, Paytm stated that it aims to apply for a license to work as a general and life insurer, sources well known with the matter claimed to the media in an interview. Paytm, which has arranged 2 different bodies named Paytm General Insurance and Paytm Life Insurance, will register with IRDAI. The decision of Paytm to aggressively pursue the in general user finance segment is planned at pacing development in its non-payments commerce.

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Business

Market Sentiments Will Be Influenced By Modi’s 2019 Win

Most of the investors have speculated a win for Prime Minister Modi in the second term for the upcoming elections in 2019. Since the PM took over the office, the equity value of the nation had doubled. Therefore, a change in the political air could alter the entire economic structure.

UBS Securities India Pvt. Ltd. stated that the anticipation about the economic agenda of the government has assisted the investors to shove off the weak earnings. Along with it, the expensive valuation of equity beneath the hopes of market expects the return of PM Modi with a majority of the single party.

Market Sentiments Will Be Influenced By Modi’s 2019 Win

India has a system in which a candidate is bestowed with a seat in government if he/she wins a maximum number of votes in a constituency. Therefore, the fragmentation of opposition is the prime component to consider.

The BJP wouldn’t have won the majority, if the prime opposition parties didn’t join hands. However, if the same scenario gets repeated, the side of the majority will be heavier, which might need an exterior intervention to form a government. Therefore, it is very important to study the opposition parties for understanding the alliance.

The performance of BJP in the election of the eight states will also indicate the market sentiments. In December, Gujarat witnessed an all-time low seat of the past two decades.

As a result, the BSE Sensex had also dropped by 2.6% before recovering.

As per the analysts, the results of the state election will not be affecting the stand of BJP as the calculation is simple and doesn’t consider the variations in the voting pattern for the national and state level.

When Atal Bihari Vajpayee lost the election, the Sensex had crashed by 17%.

The rupee is already facing a tough time in the international market and might face harsher scenarios if the political scene changes in the country.

The election is yet to strike the country and the results are highly uncertain.

Categories
Technology

Headcount Of Cognizant India Fell By 8,000 In 2017

Headcount of Cognizant in India fell by 8000 by 2017 end, even as the amount of individuals it provides work in Europe and the U.S. increased, the annual filing of the company with Securities and Exchange Commission of the U.S. displayed. At the end of last year, the company provided job for almost 260,000 individuals, out of which 180,000 were from India. At the end of 2016, the headcount of the company stood at 260,200 individuals, out of which 188,000 were from India.

Headcount Of Cognizant India Fell By 8,000 In 2017

The U.S. headcount of Cognizant increased to 50,400 by almost 2900 and its headcount in Europe increased by almost 2300 by 2017 end. For the initial time, IT companies in India are witnessing dropping headcounts as a requirement to generate talent overseas and automation makes investing in headcount of India far less significant. The Nasscom (National Association of Software and Services Companies) has also forecasted decreased growth in the headcount, as firms anticipate to employ in the U.S. in thousands.

The IT segment, which has been a main job maker in the nation, will witness a net inclusion of 10,00,000 individuals in this fiscal, claimed President at Nasscom, R Chandrasekhar, to the media in an interview at the flagship event of the industry in Hyderabad previously this month. The segment included a parallel amount in last fiscal, less than the original projection of an inclusion of 1,50,000 people. Chandrasekhar claimed that it was time to see at segments beyond tech services for growth of the employment.

Earlier this month, revenue of Cognizant increased 10% last year even as its labor force dropped by 200 as compared to a year ago. This happened for a first time in the history. This is a performance that analysts claimed the remaining of the IT segment is working hard to imitate.

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Entertainment

Final Adieu To Sridevi In Mumbai, Funeral At 3.30 pm

Every Indian is bereaved at the unfortunate demise of Sridevi, Bollywood’s veteran actor. Today, as the final rites are being observed, the actor’s body has been covered in the Indian national flag, being kept in a glass box in a white chariot, carrying it to Pawan Hans Crematorium, Ville Parle, Mumbai. The body before this was in Celebration Sports Club where all the prominent actors, directors, producers, musicians and other artists of the industry had arrived to show their respect to Sridevi. The white chariot on which the Bollywood diva is being carried has a huge portrait of her at the side and in front. Her body will be cremated during afternoon with state honours.

Final Adieu To Sridevi In Mumbai, Funeral At 3.30 pm

A popular actor who was just 54 years, Sridevi was reported to have been dead at her hotel room in Dubai. Going by the latest forensic reports the reason of her death was accidental drowning at a bathtub. Once the legal investigations got over in Dubai, the actor’s body has been flown in Ambani’s private jet to Mumbai. Today morning Sridevi’s body was carried to Celebration Sports Club where celebrities from Kajol, Ajay Devgun, Aishwarya Rai Bacchan, Jaya Bachchan, Jackquiline Fernandes, Deepika Padukone, Hema Manili, Tanuja, Tanisha Chatterjee, Farah Khan, Saroj Khan and others had attended her funeral and pray for her easy crossover.

Sridevi, whose fame and popularity was at par with any male actor in the industry, had received many awards and also the Padma Shri award back in 2013. She had made stellar comebacks with her movie English Vinglish and Mom and was looking forward to more scripts in challenging roles. However, her sudden death takes away all the hope for her fans to see her in the silver screen. At her funeral there were about 200 policemen to ensure complete order and security. Sridevi used to stay in Green Acres, where the Holi function for this year has been cancelled owing to this unfortunate incident.

Categories
Entertainment

An Example Of Communal Harmony Is Set In Lucknow

As a gesture of friendliness and to stay away from any sort of unwelcomed troubles, the members of the committee of AIMPLB and Lucknow Imam of Aishbagh Eidgah, together with Shia Muslim cleric Kalbe Jawad have come to a decision of shifting the Jumma prayer timings considering the festival of Holi.

Muslim Shia clerics are also requesting mosques, located in mixed populated regions to postpone their prayer timings on Friday, March 2, 2018 as an acting of caring for the emotions of Hindu.

An Example Of Communal Harmony Is Set In Lucknow

The timing for Friday prayers for Sunnis has been shifted to 1.45 PM which usually takes place at 12.45 PM by Maulana of Markazi Chand Committee. Asafi Mosque’s Jumma prayers will take place at 1 PM in place of the usual 12.22 PM according to Kalbe Jawad.

The Maulana of Markazi Chand Committee commented that the authorized time to play Holi is up to 12 PM on Friday, but usually people take some extra time to conclude playing colors. Therefore they thought to postpone the prayer timings of all the mosques, particularly those that are situated in places where both Hindus and Muslims reside. If they delay the time by only half an hour or so, unwelcomed scenarios and problems can be avoided.

The police and management are equally cautious to let the celebration go peacefully, especially where communal tensions are observed frequently. Anant Deo, SP, Muzzafarnagar, advised people to be peaceful and walk on the ways of Prophet Mohammad.

The CM of UP, Yogi Adityanath has ordered police to make sure the consents of all communities are kept into consideration so that no one can doubt the purpose of administration.  A video conference has also been held between the CM and District Magistrates, DIGs and IGs for peaceful Holi celebrations.

Om Prakash, DGP, Uttar Pradesh has directed the planning for deploying police force. Also, the police shall watch over and monitor social media sites for rumors.