Banking Ombudsman answers queries on LIBOR, Nostro and other joke words that bankers use Chennai, Feb 22: When it emerged that jeweller Nirav Modi and his company had cheated the State-owned Punjab National Bank to the tune of Rs. 11, 400 crore using fake LoUs (Letters of Understanding), the news certainly raised several uncomfortable questions, chief of which was what… Read more →
The auto expo (which ended this week at New Delhi) always sees the unveiling of many exciting cars and other vehicles, many of which we sincerely hope don’t make it to our roads as they clearly fall under the category: industrial pranks. But unfortunately some of them do manage to get a mainstream release. We have car models like ‘Sail’,… Read more →
Q and A on PyeongChang Winter Olympics Chennai, Feb 15: Sports aficionados in Chennai have always been fascinated by Winter Olympics, especially because it is a celebration of — pay close attention here — winter. For, winter in these parts lasts for lesser number of days than the Olympics does. This time around, Winter Olympics is held in the South… Read more →
This week, scientists belonging to the private company SpaceX made a rocket carry a full-fledged car into space and let it into orbit, leading to the major finding that the scientists were all tripping on psychedelic drugs. Well, at least that is what I think could be the only possible discovery from the whole operation. I speak from experience. Back… Read more →
Climate scientists warn that by year 2318 cold conditions may last even upto 45 days Chennai, Feb 8: The worsening global warming phenomenon, in which summers get longer and hotter, winters longer and colder even though the years continue to have the same number of days, is having its inevitable impact on Chennai too. According to climate scientists, this winter… Read more →
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