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Rajeev Poddar Academy

Pointers to demonetisation

2019-08-16

Pointers for demonetisation capsule 1 & 2 will be uploaded by tonight... stay tuned!

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Dave blames it on unseasonable weather

2019-06-13

Dave Richardson has defended the International Cricket Council (ICC)’s decision not to keep reserve days for matches during the league stage of the World Cup, saying it would increase the duration of the tournament.  “Factoring in a reserve day for every match at the ICC Men’s Cricket World Cup would significantly increase the length of the tournament and practically would be extremely complex to deliver,” the outgoing chief executive of the ICC said in a statement. “It would impact pitch preparation, team recovery and travel days, accommodation and ven..

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Bihar government approves proposal for jail term for those who abandon elderly parents

2019-06-13

Bihar Cabinet-led by Chief Minister Nitish Kumar has approved a proposal to punish sons and daughters who abandon their elderly parents with a jail term. The proposal of Bihar social welfare department has provisions for punishments which could go up to imprisonment if wards do not look after their parents properly in their old ages.The cases against the wards will be registered under the non-bail able section in Bihar after receiving complaints from the elderly parents.   Many other decisions were also taken during the cabinet meeting that took place on Tuesday.    ..

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Boris tears into younger players

2019-06-13

As remarkable an achievement as it is, Rafael Nadal’s 12th French Open triumph on Sunday also came with a sobering reminder. There remains a concerning lack of challenge to the ageing big three at the sports biggest tournaments.  “As much as I respect Roger, Rafa and Novak, young players should show up,” Becker added. “Eventually, they will be too old, but you want to see the passing of the torch while they are still in their prime. “There’s a certain mentality that they (younger players) don’t have, that the three others do have. It’s not..

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Dairy milk with 30% less sugar!

2019-06-11

Chocolate maker Mondelez has stripped down sugar content by 30% in a new variant of Cadbury Dairy Milk, India’s largest chocolate brand, making it the first in the Rs 10,000-crore domestic chocolate market to do so. The existing Cadbury Dairy Milk will continue to sell in its current form.  India and UK are the first two markets of Mondelez to do so. “We are empowering consumers to snack right; this is the first time ever we are doing something like this,” Mondelez India president Deepak Iyer said.   The 70-year-old Cadbury Dairy Milk, the compa..

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Leonardo masterpiece 'being kept on Saudi prince's yacht'

2019-06-11

The world’s most expensive artwork – Leonardo da Vinci’s masterpiece Salvator Mundi – has reportedly been installed on Saudi crown prince Mohammed bin Salman’s superyacht. The location of the painting has been a mystery since it was sold for a record $450m (£350m) at auction by Christie’s in New York in 2017. On Monday, Artnet, an art industry news service, reported that the 500-year-old painting was being kept on Prince Mohammed’s €500m (£440m) 134m yacht, Serene.   Artnet said “two principals involved in the trans..

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Egypt asks Christie's to cancel sale of Tutankhamun statue

2019-06-11

Christie’s in London is being pressured to cancel the auction of a statue of Tutankhamun’s head after Egyptian authorities claimed that the bust might have been stolen from the Karnak temple in Luxor. The 28.5cm-high statue is more than 3,000 years old and “exudes strength and serenity”, according to the Christie’s listing. Christie’s plan to sell the bust as part of the private Resandro collection, which will be auctioned off in July. Other items include marble heads dating from ancient Rome, a painted wooden Egyptian coffin, and a bronze Egyptian cat..

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Auto companies slam brakes on production

2019-06-10

India’s top manufacturers of passenger vehicles and two-wheelers have announced factory shutdowns stretching over several days in the ongoing quarter, which could help them reduce unsold inventory in a weak market but make it tough for the automobile industry to achieve its production and growth targets. More than half a million passenger vehicles worth $5 billion (nearly Rs 35,000 crore) are lying unsold in dealerships at the beginning of June. In the two-wheeler segment, the number is as high as 3 million, valued at about $2.5 billion.   Seven of the top 10 passenger ve..

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Govt mulling tax on cash withdrawal of Rs 10 lakh a year

2019-06-10

The government is looking at the possibility of introducing a tax on those withdrawing Rs 10 lakh in cash a year as it seeks to discourage the use of paper currency, crack down on black money and promote use of digital payments for all manner of transactions. Government sources told TOI that another proposal under consideration is mandating Aadhar authentication for all high- value cash withdrawals, which it believes will make it easy to track individuals and tally tax returns. 

read more at http://timesofindia.indiatimes.com/articleshow/69718027.cms

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MOVE OVER, ‘MADE IN CHINA’. IT’S THE ‘MADE IN BANGLADESH’ ERA NOW

2019-06-09

When Chinese businessman Leo Zhuang Lifeng arrived in Dhaka 22 years ago, only one of the two luggage conveyor belts in the airport was functioning. The lighting wasn’t working properly, either. The rundown airport in the capital of Bangladesh prepared many Chinese and foreign businessmen for what they were about to experience in the country, which was still an economic backwater at the time, with frequent power outages and inadequate infrastructure. Zhuang, now 51, landed in Dhaka in 1997 to set up garment factories there, taking advantage of the low labour cos..

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Population is not a problem, but our greatest strength

2019-06-09

When all political parties agree on something, you know you might have a problem. Giriraj Singh, a minister in Narendra Modi’s new cabinet, tweeted this week that our population control law should become a “movement”. This is something that would find bipartisan support — we are taught from school onwards that India’s population is a big problem, and we need to control it.   This is wrong. Contrary to popular belief, our population is not a problem. It is our greatest strength.   The notion that we should worry about a growing population is a..

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