CARAPP: an iPhone app to rent out your car

Researchers have developed a new iPhone application which can allow you to share your car with others and potentially generate some good rental income. The new app by Getaround, a car-sharing service provider in the US, enables car owners to “un-idle” their cars and offset the cost of vehicle ownership by sharing it with others.

G-8 wants high standard of regulation on nuclear safety

Leaders of G-8 countries urged for more stringent international rules on nuclear safety following the disaster at Japan's Fukushima plant. Talking to reporters at G-8 summit in the northern French seaside town of Deauville, French President Nicolas Sarkozy said the members of G-8 wish to get a very high standard of regulation on nuclear safety, that will apply to all countries involved in civilian nuclear energy and which will take safety to the highest levels ever.

Nation pays homage to Pt. Nehru on his 47th death anniversary

A grateful nation today pays homage to the country's first Prime Minister Jawaharlal Nehru on his 47th death anniversary. President Pratibha Devisingh Patil, Vice-President Mohammad Hamid Ansari, UPA Chairperson Sonia Gandhi, Delhi Chief Minister Sheila Dikshit were among the first to pay floral tributes to the late leader at his memorial, Shanti Van, in New Delhi. Several functions including seminar and symposiums are being organised across the country to mark the occasion.

Courtesy : AIR

Central Sector Scholarship Scheme for College and University

To provide financial assistance to meritorious students from weaker section for pursing higher studies and professional courses, the Ministry of Human Resource Development has started Central Sector Scholarship Scheme for college and University Students. From the academic year 2010-11, the eligibility criteria has been revised from 80 percent to 80th percentile in the relevant stream for a particular Board of Examination, in class XII of 10+2 or equivalent. Students, whose parent’s income is less than Rs.4.50 lakh per annum, pursuing higher studies or professional courses from recognized institutions as regular candidates, are eligible under this scheme. There will also be reservation as per Reservation Policy of the Government, subject to internal earmarking. At present, reservations for the various categories are as follows: SCs-15%, STs-71/2%, OBCs-27% and horizontally 3% for physically Handicapped in all the categories. The income-ceiling is Rs.4.5 lakh per annum. 

Courtesy : PIB

NASA plans asteroid mission

The U.S. space agency will send an unmanned spacecraft to a nearby asteroid in 2016 and bring back a sample to provide clues about the formation of the solar system, NASA said on Wednesday.The mission known as Osiris-Rex will be the first U.S. effort to bring back a sample from an asteroid.

Ferrari vrooms into India, price starts from Rs 2.2 cr

Italian luxury sports car Ferrari today officially entered the Indian market with popular models such as the California, 458 Italia, 599GTB Fiorano and the latest FF at prices starting from Rs 2.2 crore onward.“Till yesterday, Ferrari was present in 57 countries. Now we are in the 58th country, which is India. We should have been in India much before and we expect to be able to sell more than 100 cars in the next 2-3 years,” Ferrari SpA Chief Executive Officer Amedeo Felisa told reporters.

Food inflation rises to 8.55 per cent

Food inflation shot up to 8.55 per cent for the week ended May 14, the highest level in four weeks, as prices of fruits, cereals and protein-based items escalated.Food inflation, as measured by the Wholesale Price Index (WPI), was on a declining trajectory for the previous three weeks. The figure for the seven-day period under review was 1.08 percentage points higher than the 7.47 per cent inflation rate recorded in the previous week.