Author Archives: Loknath Das

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Google enters race for nuclear fusion technology

Central confinement chamber of C-2U, a plasma confinement experiment comprising 10,000 engineering control tags and 1,000 physics diagnostics channels at Tri Alpha Energy’s research facility in California, US. The algorithm will cut the time it takes to work out best possible options to form plasma from a month to just a few hours. Photograph: Courtesy of Tri Alpha Energy Inc. Read More


Accor boosts Onefinestay home-sharing business

Accor, the French hotels group, is bolstering its presence in the home-sharing market by bolting new acquisitions on to its Onefinestay brand to tackle the threat posed by Airbnb and other online booking services. Accor, Europe’s largest hotelier by room numbers, acquired Onefinestay, the UK-based luxury home rentals site, in a deal worth up to €148m last year. On Wednesday, Accor plans to Read More


NC STATE BOARD OF EDUCATION APPROVES $2.5 MILLION BUDGET CUT

RALEIGH (WTVD) — Budget cuts mandated by the General Assembly led the State Board of Education to approve $2.5 million in reductions to the Department of Public Instruction (DPI) on Tuesday.Public education advocates say the cuts will most negatively affect the state’s smaller, more rural school districts who depend on DPI to provide personnel training and support. The board’s unanimous Read More


Jailed Schroders Trader’s Criminal Lifestyle Costs Him $456,000

  (Bloomberg) — A former Schroders Plc equities trader was ordered to pay 350,000 pounds ($456,000) by a London judge after prosecutors said that he lived a “criminal lifestyle” on the proceeds of a decade’s worth of insider trades. Damian Clarke, who was sentenced to two years in prison in June 2016, was ordered to make the payment at a hearing Monday. Read More


In 24 hours, the Senate will vote on a mystery health care bill

This is the web version of VoxCare, a daily newsletter from Vox on the latest twists and turns in America’s health care debate. Like what you’re reading? Sign up to get VoxCare in your inbox here. Republican senators are set to vote on a bill to repeal the Affordable Care Act Tuesday. They just don’t know what’s in it. It’s hard Read More


Chandigarh, Delhi real estate regulatory bodies to be clubbed

Chandigarh was the first to set up a temporary RERA in October 2016. Later, the UT administration requested the ministry of home affairs (MHA) to club the Chandigarh RERA with Delhi’s. (HT File Photo)   The city will now share its Real Estate Regulatory Authority and Real Estate Appellate Authority with Delhi, under the Real Estate (Regulatory and Development) Act, 2016. Members, Read More


The Week In Technology July 24-28, 2017

Airbus Flies Sagitta Diamond-Wing UAV Airbus Defense and Space has flown a stealthy unmanned aircraft at a test range in South Africa. The Sagitta subscale demonstrator was developed with German universities and institutes under a national research project focused on autonomous flight control and other advanced technologies. The quarter-scale aircraft, a flying wing 3 m (10 ft.) in length and Read More


Yogi Adityanath sends big warning to real estate developers, says give possession or face harsh action

+ In a big move, Uttar Pradesh Chief Minister Yogi Adityanath on Sunday warned builders to provide timely possession to the buyers.  Speaking at the ‘UP Ahead Conclave’, organised by CREDAI in Lucknow,  Adityanath said that it was imperative for builders to win the trust of the people, adding, that the real estate sector was facing the “challenge” of meeting Read More


IMF downgrades UK and US growth forecasts

The UK and US economies will expand more slowly in 2017 than previously predicted, according to the International Monetary Fund (IMF). It said “weaker-than-expected activity” in the first three months of the year meant the UK would grow by 1.7%, compared with an earlier 2% forecast. The IMF also revised down its US growth forecast from 2.3% to 2.1%. However, Read More


President Trump to deliver statement on health care on Monday

Getty Images Donald Trump President Donald Trump is set to deliver a statement on health care at 3:15 p.m. ET on Monday, according to the White House. Trump’s statement will follow him participating “in a greeting with victims of Obamacare,” the White House said in a news release. The president offered an opinion on the state of the Republican attempt to change Read More