NEWS HEADLINES OF THE DAY – 12 May 2017– FRIDAY Developed Potential Zika virus vaccine – is safe, effective protection against infections, its serious effects PwC India to hire 4K in FY18, Data Analytics, Cyber Security Vertical, Mgmt Consulting on high demand China Silk Ambitions: $890BN, 65 countries that represent 33% of all Global GDP covered in OBOR Route GST rollout in India is a bonanza for global accounting firms – windfall for KPMG/PWC, $2.3BN business NASA Neil Jacobstein: AI on par with human intelligence many years away, AI help tackle practical issues Swine flu virus tighten grip, Southern/Western India affected most, TN/Kar 55% cases, Maha -50% death Union Govt Biotech regulator approve India 1st transgenic food crop GM mustard for commercial release Some of World’s most well known Big cat species tiger, leopard, Cheetah & African Lion at extinction risk Developed nanoparticles, deliver genes to target cell, prevent vision loss owing to inherited eye disorder Demonetisation: 9.1MN new taxpayer but objective of curbing black money, counterfeit, terror not over $651MN to $2.5BN in a year: 3-fold surge spending by Indian on foreign travel, Foreign deposit $283MN Scientists cracking signature gene of yak, only animal comfortable at altitudes where oxygen level is 40% India Exclusion Report: Rich-Poor divide widen as Indian Economy Grows, gain distribution not equitable Gender is buzzword, but true emancipation distant for women, political power not socio-economic gains Trump may have fired FBI chief Comey because of Russia probe, Panel asks Fmr NSA for Russian contact In Action: S Korea Prez Moon spoke to China/Japan on N Korea, want to have discussion than sanctions China simulates extended moon stays amid space drive to understand stay requirement for 60-200days In Iraq’s Mosul, many survivors face future as amputees, already 12K Civilians wounded- hospital detail Infy, TCS, Wipro, struggling to cope with new tech, Trump’s protectionist policies, 7 IT Cos to lay off 56K India among the most expensive places to order Starbucks latte $7.99, puts in top 5 among 44 countries Microsoft unveiling Windows 10 update, key feature benefit gadget user on rival mobile OS iOS, Android Toyota lobby for hybrid vehicle, want Govt ease electric adoption, calibrated approach for green vehicle IPL 2017: HC notice to BCCI, Sony, Shudh Plus for ‘promoting’ tobacco, displayed on Gujarat Lion Jersey Hetero Healthcare launch sofosbuvir & velpatasvir combination Hep-C drug in India on full compliance British Telecom to cut 4000 job in restructuring, replace Global Service Head to tackle Italian A/c scandal Infosys defers salary hikes till July’17 for employees ranked JL 5, exp around 8 years; no job cuts planned Home sales in top 8 cities up 21% Jan-Mar on cheap home loans, push to affordable housing. Kolkata top Max Bupa, Hospital Lobby Grp spar over generic drug prescription on generic names for insurance claim Energy: Renewable Energy Cos seek clarity in Solar Park auctions, Essar ask lenders work on debt recast HeathCare: NPPA revises rates of 6 drugs that include IBS, fix price of 1 medicine P-PPi-L used for acidity Trans: Air India revival can only happen after privatisation, Govt strict norms for Airport ground handling Saudi Prince: World tallest building Jeddah tower 3300 ft higher than Dubai Burj Khalifa delayed to 2019 Bang Jun-hyuk Born In Slum, This High School Dropout Is Now A Billionaire – behind S Korea biggest IPO Today’s Word - *Abacinate* - blind with red-hot copper basin
