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Golf: Strong Asian flavour on PGA Tour leaderboard as Rai and Pan share lead

Silvis (Illinois), July 6 (IANS) England’s Aaron Rai and CT Pan of Chinese Taipei gave the scoreboard at the John Deere Classic a strong Asian flavour as they shared the lead at the midway stage of the PGA TOUR event. Rai, whose parents have an Indian origin going back to his grandparents, shot another bogey-free […]

Mice with functional humanised immune system shows promise

New Delhi, July 6 (IANS) A first-of-its-kind mice model with a fully functional human immune system and a human-like gut microbiome has shown promise of mounting specific antibody responses. To date, researchers have not developed a fully functional human immune system, but only those with a brief lifespan that do not mount efficient immune responses, […]

Mobile tariff hike: Centre responds to misleading claims

New Delhi, July 6 (IANS) The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand and supply. The Telecom Regulatory Authority of India (TRAI) said the rates of telecommunication services are […]

RBI fines Punjab National Bank for breach of rules

Mumbai, July 6 (IANS) The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of KYC norms. The RBI has in its statutory inspection found that PNB […]

More foreign firms enlist to invest in India as infra projects fuel growth

New Delhi, July 6 (IANS) More large foreign manufacturers of heavy machinery used in the infrastructure sector figure in the list of more than 15,000 companies that have registered to set up units in the country during June, according to data compiled by the ministry of corporate affairs. Senior officials see this as the outcome […]

Ola exits Google Maps, moves to in-house Ola Maps

New Delhi, July 6 (IANS) India’s major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations. Bhavish Aggarwal, co-founder and Chairman of the Ola group said that through this move, the company will save nearly Rs 100 crore per year. Last month Aggarwal cut all his […]

India records 15 pc jump in electricity generation for May amid scorching heat wave

New Delhi, July 6 (IANS) India’s electricity production went up by a robust 15.06 per cent to 167.55 billion units in May this year compared to 145.61 billion in the same month last year, as demand surged amid the scorching heat wave, according to the monthly report of Central Electricity Authority. Thermal power, generated mainly […]