RBI dismisses social media rumours over scribbled notes

first_imgDismissing rumours on the social media, the Reserve Bank today said all notes including those with scribbling will continue to be legal.”As I understand, one of the topics trending on Whatsapp is the statement that at the end of the year notes with writing will not be accepted. This is absolutely false. Those notes continue to be a legal tender,” RBI Governor Raghuram Rajan said in an audio message.”RBI has had the policy in the past of disfigured note being withdrawn from circulation to be replaced by clean notes. That does not mean that they are not legal tender, they can be used everywhere, they can be accepted everywhere. There is no terminal date for acceptance, so please disregard those rumours, they are not correct,” he said.RBI denied having issued a communication circulating on the social media alerting members of public that banks will not accept currency notes with scribbling on them from January 1, 2016.All currency notes issued by it are legal tender and banks and members can freely and without fear accept them in exchange for good and services, RBI said in a statement.RBI also stated that in pursuance of its clean note policy, it keeps requesting banks and members of public not to write on the currency notes it defaces them and reduces their life.last_img read more

Oslo hosts anti-doping sports conference

first_imgNew Delhi, Jun 25 (PTI) An anti-doping sports conference titled Clean Sport=Fair Outcome? was held today at Oslo to address the issue of doping menace. The conference is a joint initiative of the World Forum for Ethics in Business (WFEB), Anti-Doping Norway and FairSport to propose a substantial agenda for action, enabling it to have an impact on the ongoing anti-doping reforms and policy framework. Norways Prime Minister Erna Solberg, Founder of The Art of Living and WFEB, Sri Sri Ravi Shankar, World Anti-Doping Agency (WADA) Vice-President Linda Hofstad Helleland, US Anti-Doping Agencys CEO Travis Tygart are among the 22 eminent speakers. The conference will not only address various governance issues in sports but also celebrate role models by announcing the winner of the 2018 Ethics in Sports Award. The Anti-Doping in Sports conference is a continuation of WFEBs conference series on Ethics in Sports. Earlier editions were held at the FIFA headquarters (2014, 2016) and at the stadium of Germanys soccer club, Union Berlin (2015). PTI ATKATKlast_img read more

You can now use Alexa to call live Audible customer support

first_img 0 Tags Share your voice Amazon Ask me for audiobook tech support. Tyler Lizenby/CNET Need an audiobook recommendation? Just ask Alexa.Audible, the Amazon-owned audiobook company, on Wednesday launched a new feature that lets US owners of Alexa-powered devices call its live customer service line by saying, “Alexa, call Audible.”The customer service line is available 24 hours a day, seven days a week and can help with audiobook recommendations, exchanges, technical problems and Audible app setup.One advantage to the new feature is that it’s hands-free, providing people with disabilities a new option for reaching customer support. The feature is also another way Amazon is tying its services to its voice assistant, which already allows customers to order products from Amazon and play Amazon Music playlists. Amazon also lets customers play their Audible audiobooks through Alexa.  Smart Home Post a commentlast_img read more

The deadly passage to Europe

first_imgOne such man, now in Libyan jail, is Ashraful Ambia from Jakiganj in Sylhet of Bangladesh. His brother told Prothom Alo that, agents took Tk 800,000 initially and claimed another Tk300, 000 after one month he reached Libya.“Ashraful called us from Libya and said if we did not pay the amount, they would kill him,” he added.Ashraful’s brother said that as many as 46 youths from Jakiganj were in Libyan jail.Ashraful’s brother Akhlaq named a certain Shahin Ahmed who allegedly, along with some other agents from Jakiganj, has been cheating people with false promises of sending them to Europe.Among the others arrested, there are migrants from Madaripur, Shariatpur, Faridpur, Noakhali, Kishoreganj and Brahmanbaria. Some of them are either missing or jailed in Libya.“We sent the names of the jailed Bangladshis to the special branch of police for verifications. The agents will be arrested very soon,” said the home minister Asaduzzaman Khan.Bangladesh embassy in Libya investigated the matter and found that around 146 Bangladeshis were arrested by the Libyan coastguard on 17 and 23 June and handed over to the country’s migration agency.Other migrants went missing after a boat carrying capsized on 19 June.The traffickers use the Dhaka-Abudhabi- sharjah- Alexandria-Benghazi air route and then take the Benghazi-Tripoli-Jowara route till the Meditarrenean coast. Migrants huddle in the compartment of a cargo vessel. AFP File PhotoAt least 280 Bangladeshi nationals are in Libyan jail as illegal immigrants who arrived there via Sudan, Egypt, Aljeria, Dubai and Jordan across the Mediterrenean from April to July, says a letter sent to Bangladesh foreign ministry by Sheikh Sekandar Ali, the embassador to Libya on 6 August.Manpower recruitment agents in Bangladesh say, illegal agents charge almost Tk 800,000 to one million to send a man to Europe via Libya. As soon as the man reaches Libya, the agents in Bangladesh forcefully extract the full payment from the family.The agents then hold the person hostage in Libya and try to extract more money as ransom.Notably, none of the 280 men arrested in Libya have Libyan visas as the Bangladesh government has stopped sending manpower to Libya since 2015.Libya has become a ‘safe route’ for the human traffickers over past few years, according to manpower exporters.Most of the migrants seek to enter Italy, Greece and Spain with the help of these traffickers using the passage through Mediterrenean. Illegal immigrants thus reach various European countries, crossing the Meditarrenean.According to Eurostat, a statistics organisation of European Union, around 100,000 Bangladeshis are living illegally in various countries across Europe.A quarter of the total illegal immigrants using the passage through the Meditarrenean to Europe are Bangladehsis, according to the latest report of the United Nations refugee agency UNHCR.*This report, originally published in the Prothom Alo print edition, has been rewritten in English by Farjana Liakat.last_img read more

Five LS seats in West Bengal to go polls in the third

first_imgKolkata: Five West Bengal Lok Sabha constituencies – Balurghat, Maldaha North, Maldaha South, Jangipur and Murshidabad will go to the polls in the third phase of elections on Tuesday. The ruling Trinamool Congress in West Bengal, BJP and Congress are the main contenders in the five seats in which the fate of 61 candidates will be decided by a 80,23,852-strong electorate. Four seats will see four-cornered contests between the three parties and the Left. It will be a three-cornered contest in Maldaha South as no Left party is in the fray in the seat. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata The constituencies saw high-octane campaigning by Prime Minister Narendra Modi, Chief Minister and TMC supremo Mamata Banerjee, BJP president Amit Shah and Congress president Rahul Gandhi who raised a series of issues ranging from corruption to communalism, NRC to chitfund scams and development to security, besides infiltration. The TMC has fielded sitting MP Arpita Ghosh against BJP’s Sukanta Majumdar in Balurghat. The Congress has named Sadik Sarkar and RSP, a Left Front constituent, has fielded Ranen Burman. Also Read – Lightning kills 8, injures 16 in state In Maldaha North, the TMC has named former Congress MP Mausam Benazir Noor against BJP’s Khagen Murmu, while Congress has nominated Isha Khan Chowdhury and CPI(M) Biswanath Ghosh. Maldaha South will see the ruling party’s Moazzem Hossain locking horns with BJP’s Sreerupa Mitra Choudhury. Congress’s Abu Hasem Khan Chowdhury is also in the fray. The CPI(M) has not fielded any candidate. In Jangipur, TMC’s Khalilur Rehman will contest against former president and Congress leader Pranab Mukherjee’s son Abhijit. The BJP has fielded Mafuja Khatun and the CPI(M) Zulfikar Ali. Abu Taher Khan is the TMC candidate from Murshidabad against BJP’s Humayun Kabir. The Congress has nominated Abu Hena and the CPI(M) named Badruddaza Khan for the seat. The Election Commission will deploy 324 companies of central forces to cover over 92 per cent of the 8528 polling booths in the five Lok Sabha seats to ensure free and fair polling, officials said. Besides general election observers and expenditure observers, the poll panel has for the first time deployed a special police observer and a special observer. In another first, VVPAT will be used in all polling booths along with the EVMs, EC sources said.last_img read more

Want a New Website You May Have to Put in a Lot

first_img Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. June 17, 2015 Three of Venture for America’s fellows — Mike Wilner, Taylor Sundali, and Matt Fulton — noticed that over 50 percent of small businesses don’t have a website, and of those that do, over 90 percent aren’t optimized for mobile visitors. So, they started a company, Compass, to address this. Related: 3 Ways to Improve Conversions on Your WebsiteI believe that Compass is going to become a multi-million dollar business in the coming years. I know what you’re thinking: “A ‘website company’ is a good opportunity? Isn’t it 2015?” Or maybe you’re asking, “How the heck do so many businesses not have websites? Isn’t that the first thing you’d do nowadays?” Especially now that there are so many do-it-yourself services like Squarespace, Wix and Weebly. Understanding the answers to these questions requires some context. I’m going to start close to home, with my 67-year-old mom. She’s an artist, and she recently wanted to build a website to display her paintings and sell prints. So she called me, her (theoretically) tech-savvy, 40-year-old entrepreneur son and asked for my help. What did I do? I didn’t build her a website. I didn’t want to sit there and figure out Squarespace and produce something she wouldn’t like anyway. I didn’t recommend her to an agency. I knew she didn’t want to spend much money, and website creators generally cost at least $5,000. Instead, I thought to myself, “Hmm, what human beings do I know that build websites that won’t rip my mom off?” The truth is that most independent businesspeople are in their 30s or older, and most of those people don’t have the time to figure out how to build a website on their own. The proportion of people who start trying to build a website on Wix and actually finish is only 2 percent. That means that 98 percent of people give it a whirl and quit. That’s a lot of unbuilt websites and a lot of businesses that still need them. I could have told my mom to use a freelance platform like Elance, Upwork or 99designs. But these platforms require you to submit specs, vet submissions, decide on pricing, provide content, etc. It’s a whole project-management exercise. I would have been punting my mom into a maw of complexity. How does Compass surmount these difficulties? It builds customized websites for $800 to $1,800 and has a network of highly curated freelancers (many of whom are Venture for America Fellows). It also has a well-designed process to get the info needed from the business owner, in order to deliver a quality product quickly and reliably. Related: 10 Options for Hosting Your Startup WebsiteWhat’s more, its freelancers are paid $40-plus an hour and don’t have to do all of the meta-work that makes this kind of thing painful for creatives (sell, negotiate, educate, gather content and info, etc.). Freelancers generally want as friction-free an engagement as possible. And Compass smoothes out the friction. The market is enormous: $12 billion a year is spent by small businesses on web services each year. And there’s more: It’s not just websites, but search engine optimization, email marketing, social media, analytics and everything else a small business would want to do online. So, many companies today are saying, “Here are the tools; we’ve made it easier than ever (for you to do)!” And if you’re a small business, it’s easy to understand that approach. Those companies can go big and keep costs down by minimizing the services component. Yet, just providing better tools is not going to solve this particular problem. The vast majority of small business owners want nothing to do with figuring out a website. They are neck-deep in their business trying to keep it going. If that business is catering, they’re in a kitchen, or shopping for supplies or sending thank-you notes, etc. If the business is in landscape, the owners are hiring people, mowing lawns, maintaining equipment, etc.In short, business owners are time-starved and trying to move things off their plate. So, the key isn’t better tools; it’s accessibility, ease, convenience, process and, above all, service. I myself ran an education company that became the leader in its category. Theoretically, our customers could have gone out and taxonomized the primary materials or found a freelance tutor; our instructors could have hung out their own shingles and tried to attract students.Instead, we made things accessible and easy by curating the best instructors, packaging the materials in a digestible form and format and delivering a high-quality service. The company subsequently grew to tens of millions in revenue, and continues to grow to this day. (Yes, even though educational content online is now theoretically “free” online and ubiquitous. It turns out that the completion rate for those open online courses is only about 4 percent.)At our company, we never raised any money; investors probably wouldn’t have liked the business model anyway. Too many people involved. So, there’s a lesson here for entrepreneurs looking for opportunities: Technology is transforming industries and enabling unprecedented levels of both reach and access. It’s getting better all of the time. But each new toolset or means of communication requires another investment on the part of businesses and individuals that may not be in a position to make that investment.And clearly when people approach a transaction or task they don’t necessarily want to equip themselves or become experts. There’s a reason that headhunters still thrive, despite LinkedIn; and real estate brokers still make money, despite Zillow. If you go deep into a problem, most all of the time you’ll find more problems that need to be solved from the ground up. Yet technology can create needs, even as it addresses them. Sometimes solving the base problems requires a lot of work — and that is where opportunity lies. Related: 7 Things You Need to Know About SEO to Remain Relevant in 2015 Opinions expressed by Entrepreneur contributors are their own. Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 6 min read Register Now »last_img read more