Learning
Herd Instinct

Once more, research points to poor stock - selection skills of retail investors

 

A...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
'Mangalyaan' among Time's best inventions of 2014
India’s Mangalyaan is among the 25 'Best Inventions of 2014' listed by Time magazine that are 'making the world better, smarter and-in some cases-a little more fun'
 
India's maiden mission to Mars or Mangalyaan has been named among the best inventions of 2014 by Time magazine which described it as a technological feat that will allow the country to flex its 'interplanetary muscles.'
 
"Nobody gets Mars right on the first try. The US didn't, Russia didn't, the Europeans didn't. But on 24th September, India did. That's when the Mangalyaan ...Went into orbit around the Red Planet, a technological feat no other Asian nation has yet achieved," Time said about Mangalyaan, calling it "The Supersmart Spacecraft."
 
Mangalyaan is among the 25 'Best Inventions of 2014' listed by Time magazine that are 'making the world better, smarter and-in some cases-a little more fun'.
 
Developed by the Indian Space Research Organisation (ISRO), the Mars spacecraft cost India just $74 million, less than the budget for the multi-Acacdemy Award winning science fiction thriller film Gravity. Time said at that price, the Mangalyaan is equipped with just five onboard instruments that allow it to do simple tasks like measure Martian methane and surface composition.
 
"More important, however, it allows India to flex its interplanetary muscles, which portends great things for the country's space programme and for science in general," Time said.
 
The list also includes inventions by two Indians for developing an exercise space for prisoners in solitary confinement and a tablet toy for kids.
 
Nalini Nadkarni, forest ecologist and college professor helped develop the 'Blue Room' with Snake River Correctional Institution in Oregon for inmates in solitary confinement, who for 23 hours a day see nothing but a tiny, white-walled cell, an experience some research suggests heightens mental illness and makes prisoners prone to suicide attempts and violence.
 
Last year, officials began letting some of them spend their free hour in a first-of-its-kind Blue Room, an exercise space where a projector plays video of open deserts, streaming waterfalls and other outdoor scenes. Nadkarni says the imagery is designed to calm prisoners, 'much in the way we walk through a park' to relax.
 
Former Google engineer Pramod Sharma developed 'Osmo', a tablet toy that gets physical. Sharma got the inspiration when he saw his daughter playing with the iPad, but did not want her to be glued to the tablet all day long.
 
The toy, which debuted in October, has helped Osmo raise $14.5 million in capital and is now being sold in the Apple Store.
 
The other inventions are a reactor developed by aerospace company Lockheed Martin that could realize nuclear fusion, Apple's smart watch that besides telling time, can send messages, give directions, track fitness and make wireless payments and Microsoft's Surface Pro 3, a 'hybrid' that bundles laptop into a 12-inch tablet and can run desktop apps.

User

Modi Cabinet clears four major power sector schemes
The Deen Dayal Upadhyaya Gram Jyoti Yojana and Integrated Power Development Scheme aim to strengthen sub-transmission and distribution network in urban and rural areas
 
The Union Cabinet has approved four significant decisions for the power sector — Deen Dayal Upadhyaya Gram Jyoti Yojana, Integrated Power Development Scheme, North Eastern Region Power System Improvement Project, and a framework agreement for energy cooperation among SAARC members.
 
The Integrated Power Development Scheme (IPDS) is for the urban areas and entails an investment of Rs32,612 crore. The programme requires a budgetary support of Rs25,354 crore for the entire duration. The earlier scheme, Restructured Accelerated Power Development and Reforms for 12th and 13th Plans will get subsumed in this new scheme. IPDS would help in reduction in AT&C losses, establishment of IT enabled energy accounting,  auditing system, improvement in billed energy based on metered consumption and improvement in collection efficiency. 
 
The Deen Dayal project is for the rural areas. The full scheme entails an investment of Rs43,033 crore, but for 2014-15 the Government has allocated Rs500 crore. “The programme requires budgetary support of Rs33,453 crore from the Government over the entire implementation period,” the statement said.
 
The Cabinet Committee on Economic Affairs (CCEA) has already approved the Rs39,275 crore for the scheme, which includes budgetary support of Rs35,447 crore under the earlier scheme — Rajiv Gandhi Gram Vidyutikaran Yojana. This outlay will be carried forward to the new scheme in addition to the outlay of Rs43,033 crore, the statement said.
 
According to an official statement, the North Eastern Project is to strengthen the intra-State transmission and distribution system for Rs5,111 crore, including capacity-building expenditure of Rs89 crore. The scheme is to be implemented with World Bank and Power Ministry assistance.
 
The Cabinet also approved a framework agreement among SAARC member-states during the forthcoming SAARC Summit in Kathmandu on 26-27th November.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)