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RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. A RBI press release has informed that the base colour of the new notes will be fluorescent blue and its dimension will be 66 mm x 135 mm. It will have a motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage along with the Swachh Bharat logo , year of printing, numeral 50 in devnagiri and the language panel. The banknote will bear the signature of RBI Governor Dr. Urjit R. Patel on the front side along with the guarantee and promise clause and the RBI emblem. It will have Mahatma Gandhi’s portrait at the Centre and a see through register with enominational numeral 50. Micro letters ‘RBI’, ‘भारत’, ‘INDIA’ and ‘50’ and Ashoka Pillar emblem on the right will also feature on the front side. The security thread will have inscriptions ‘भारत’ and RBI. The number panel will have numerals growing from small to big on the top left side and bottom right side. RBI has clar...

Japan, India reaffirm commitment to open, free, secure, stable, peaceful and accessible cyberspace. Japan and India have reaffirmed their commitment to an open, free, secure, stable, peaceful and accessible cyberspace, enabling economic growth and innovation. In the Second Japan-India Cyber Dialogue held in New Delhi yesterday, the two sides, reaffirmed in particular that existing international law is generally applicable in cyberspace and no country should conduct or support ICT-enabled theft of intellectual property, including trade secrets with the intent of providing competitive advantages to its companies or commercial sectors. The Indian delegation also made a presentation on the 5th Global Conference on Cyber Space to be held in New Delhi from 23rd to 24th of November this year. Both sides agreed to deepen the dialogues at various levels including through the Japan-India Cyber Dialogue. Japanese delegation was led by Ambassador Masato Otaka, Ambassador in charge of Cyber Policy ...

Scientists develops artificial womb to save premature babies. Scientists have developed an artificial womb that has been successfully used to incubate healthy baby lambs for a week, an advance that may one day be able to save the lives of extremely premature human babies. The research, published in The American Journal of Obstetrics and Gynecology, showed that preterm lambs were successfully maintained in a healthy, infection-free condition with significant growth, for a period of one week using ex- vivo uterine environment (EVE) therapy. The research was carried out by the Researchers from the University of Western Australia and Tohoku University Hospital in Japan. Associate professor at the University of Western Australia, Matt Kemp, said with further development, EVE therapy could prevent the severe morbidity suffered by extremely premature infants by potentially offering a medical technology that does not currently exist. He said the equipment is a high-tech amniotic fluid bath com...

China today launched its first cyber court specialising in handling internet-related cases in the e-commerce hub of Hangzhou amid a spike in the number of online disputes. The Hangzhou Internet Court in Hangzhou, capital of east China's Zhejiang Province will handle cases such as online trade disputes and copyright lawsuits. State-run Xinhua news agency reported that the cases handled by the court will be tried online. Hangzhou is home to many Internet companies, including e-commerce giant Alibaba. The latest report from the China Internet Network Information Center showed that China had about 751 million netizens and 724 million mobile Internet users as of the end of June.

CEO and managing director of India’s second largest software export firm Infosys, Vishal Sikka, has resigned. UB Pravin Rao, chief operating officer of the company, will step in as interim CEO and managing director. Sikka has been retained as the executive vice-chairman. In his resignation letter, Sikka is reported saying that distractions have undermined his good work. This took the excitement and passion out of his amazing journey, Sikka wrote. In the past, Sikka has been criticised for issues ranging from his salary to decision on acquisitions made.

Veteran photographer S Paul died in New Delhi on Wednesday night at the age of 88. He died at a private hospital after undergoing a surgery a few days ago. Paul was a self-taught photographer who discovered his passion for the art as a teenager. He joined The Indian Express in the 1960s and retired from the newspaper in 1989. Paul received recognition and fame as a professional photographer when his pictures were selected for publication in three renowned British publications -- Amateur Photographer, Miniature Camera and Miniature Camera World. B&W Magazine of US had described him as 'The Henry Cartier-Bresson of India'. Apart from other recognitions, Paul was the first Indian to be profiled by The British Journal of Photography in 1967. He was the first Indian to win the Nikon International Photo Contest in 1971. Paul was born on 19 August, 1929 in Jhang, Pakistan. He moved to India after Partition and his family shifted to Shimla. His younger brother, Raghu Rai, is also a...

The first shipment of American crude oil worth USD 100 million will reach India next month, with US President Donald Trump promising to be a reliable, long-term supplier of energy to India's developmental needs. The shipment of crude oil to India comes nearly two years after the then US president Barack Obama lifted the 40-year- old ban on its export. During their maiden meeting on June 26, Prime Minister Narendra Modi and US President Donald Trump agreed to deepen the engagement in the energy sector. Soon, Indian companies started purchasing crude from the US. Two Indian oil giants, Indian Oil Corporation and Bharat Petroleum, placed orders for over four million barrels. With this India, the world's third-largest oil importer, joins Asian countries like South Korea, Japan and China to buy American crude after production cuts by the Organisation of the Petroleum Exporting Countries drove up prices of Middle East heavy-sour crude, or grades with a high sulphur content.