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And justice for all: new issue of Future Power Technology

Loknath Das

Future Power Technology is now available on all devices. Read the new issue here. At the Business Booster event in Paris, former Irish President Mary Robinson highlighted the need for a “just” energy transition. We consider whether renewable power can deliver social change, as well as technological change, and some of the companies and projects leading the way. Also, we look at whether California’s energy infrastructure can keep up with its ambitions, ask what makes a PPA more attractive than buying energy off power companies, and talk to Good Energy about…

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Best of The Interpreter 2019: Technology

Loknath Das

The endless blessings of technology – where would we be without them? Not reading this page, for a start. Several decades into the so-called digital revolution (depending where you mark the start), tech has become almost as essential to our everyday lives as air and water, and yet behind the utopian glimmer, doubts linger that we have tricked ourselves, and the Luciferian fire that brings light also has the power to consume us and destroy us. The Interpreter traced how technology has continued to influence and infiltrate international affairs this past…

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Benefits and importance of open source technology for enterprises

Loknath Das

Technology should be carefully selected to actively grow business over the long term, so it requires careful consideration and foresight. Open source has been gaining popularity or a long time due to the benefits it comes with. Those who don’t know the difference between the two, open source software’s source code is available to everyone. Anyone can modify its code while proprietary software is owned by enterprises or individuals and its source code can only be modified by its owners. Enterprises that use open source software enjoy many advantages over…

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Qantas completes record 19-hour flight to test limits of air travel

Loknath Das

Qantas just broke a record for air travel, and it may have helped science in the process. The Australian airline has completed the first non-stop commercial flight from New York City to Sydney as part of a project researching the effects of very long flights — in this case, 19 hours and 16 minutes. The study measured pilots’ brain waves, melatonin and overall alertness, while passengers helped gauge the effectiveness of anti-jetlag measures like changes to cabin lighting and meals. Travelers even participated in exercises to keep their bodies limber. There are two…

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Technology creating jobs of tomorrow

Loknath Das

Part of the technological shift happening across the globe is the change in how we work, right down to the creation of jobs that simply didn’t exist yesterday. Geoff Augutis delves into how technology is evolving the workforce with the creation of new jobs happening right across the globe. When your teenage child spends their weekends locked in a dark room playing video games with their friends who live half way around the world, it can be hard to see the bright side. That being said this same young man…

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Finance Minister Nirmala Sitharaman to Meet CEOs of Public Sector Banks on October 14

Loknath Das

New Delhi: Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) next week to discuss various issues, including progress on credit offtake. The meeting, scheduled to be held on October 14, is expected to review fund flow to stressed NBFC and MSME (micro, small and medium enterprises) sectors, sources said. Banks are expected to present report card on partial credit guarantee scheme and fund raising from market to enhance their capital base. The Centre in August issued guidelines on operationalising Rs 1 lakh crore…

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Prince Harry Announces Massive Travel Sustainability Project with Key Partners of Industry

Loknath Das

New York: The eco-minded Prince Harry is embarking on a massive travel sustainability initiative in partnership with key travel providers. They aim to improve the practices of the global industry amid an ever-increasing number of travelers. The Duke of Sussex picked Amsterdam, a city hit hard by over-tourism, to announce Travalyst at a news conference Tuesday with his partners, Booking.com; TripAdvisor; Visa; China’s largest travel company, Ctrip; and the Ctrip-owned fare aggregator Skyscanner. The long-term initiative is focused on tackling the travel industry’s impact on climate change, improving wildlife conservation,…

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Opinion | Danger signals from an esoteric corner of finance

Loknath Das

King dollar is rising. Other currencies are falling like ninepins. But to gauge the impact of this surge on Asia, you have to move beyond spot exchange rates and into an esoteric corner where tens of trillions of dollars of off-balance-sheet debt lives in the accounting footnotes of banks, investors and even central banks. That corner is currency swaps. These are deals in which parties exchange funds from one currency into another and reverse the trade, say, five years later. Every three or six months, each earns a benchmark money-market…

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Attention candidates! Ministry of Finance is hiring, apply by today

Loknath Das

The Ministry of Finance is hiring 7 consoultant and 7 young professional Ministry of Finance recruitment: The Ministry of Finance released the official notification for the recruitment process of Young Professional and Consultant Posts on its official website. Candidates who wants to apply for the posts can apply online by today. The official website for the Ministry of Finance is finmin.nic.in. Ministry of Finance recruitment: Important dates to keep in mind Last date to apply: August 10, 2019 Ministry of Finance recruitment: Vacancy details Young Professional: 7 Posts Consultant: 7 Posts…

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Kentucky police use new technology to nab suspects in hours instead of weeks as rapid DNA market takes off

Loknath Das

The Kentucky State Police started using a new DNA test in February that law enforcement officials say could completely revolutionize criminal investigations, analyzing the data in under two hours instead of days or weeks. Colorado-based ANDE Rapid DNA is offering its quick DNA testing to Kentucky state police for free as part of an ongoing pilot program. Kentucky is the first state to use ANDE’s technology for sexual assault cases and it’s getting a lot of notice from other states. ANDE Rapid DNA declined to provide its sales data, but…

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