Modi in Israel: PM gifts two sets of relics from Kerala to Netanyahu

The relics include sets of copper plates that are believed to have been inscribed in 9-10th century

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Current Affairs : Prime Minister Narendra Modi has gifted his Israeli counterpart Benjamin Netanyahu replicas of two sets of relics from Kerala, regarded as key artefacts of the long Jewish history in India.

Modi, who arrived in Tel Aviv, Israel on July 6 for a three-day visit, presented the relics to Netanyahu at his home.

They comprise two different sets of copper plates that are believed to have been inscribed in 9-10th Century, the Prime Minister’s Office said.

The first set of copper plates is a cherished relic for the Cochin Jews in India. It is regarded as a charter describing the grant of hereditary royal privileges and prerogatives by the Hindu King, Cheraman Perumal (often identified as Bhaskara Ravi Varma) to the Jewish leader Joseph Rabban. Read Full Story

ICC Champions Trophy: Pakistan army mocks India after victory

Pakistan won the Champions Trophy cricket final on Sunday by defeating India by 180 runs

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Current Affairs : Pakistan Army has mocked India after the country’s resounding victory in the Champions Trophy cricket final, sharing photos of celebrations in restive Balochistan with a caption “To whom it may concern’. Lay off”.

After posting photos of Army chief General Qamar Javed Bajwa with victory sign and soldiers dancing over Pakistani triumph over India at the Oval, military spokesman Major General Asif Ghafoor shared pictures from Balochistan where people were celebrating the victory.

“And this is Our Balochistan. ‘To whom it may concern’. Lay off,” he wrote along with photos.

The pictures were apparently in response to Prime Minister Narendra Modi’s Independence Day speech last year in which he had raised the issue Pakistan’s atrocities on people of Baluchistan and Pakistan-occupied Kashmir.

Ghafoor also posted a video showing people in Srinagar purportedly celebrating Pakistan’s victory over India.

“And this is………Srinagar!!” he wrote.

In another tweet, he said, “Valiant soldiers of Pakistan congrat Team Pak & Nation. United we shall defend Pak against all threats our enemies hatch.”

Pakistan won the Champions Trophy cricket final on Sunday by defeating India by 180 runs.

United Airlines could have avoided PR nightmare by following economics 101

According to reports, airlines routinely overbook their flights leading inconvenience to passengers

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On April 9, a passenger was forcibly removed from a United Airlines flight from Chicago O’Hare to Louisville after the carrier was unable to find volunteers to accommodate four of its employees on standby.

Dramatic videos of the incident have gone viral on YouTube and social networks, and I reckon the resulting cost of this PR disaster will likely make United’s CEO wish he had sent in a private jet to ferry those employees to Louisville (which the airline could easily have afforded, given its net income of US$2.3 billion in 2016).

ALSO READ: United shares fall after worldwide backlash over dragged passenger

Many articles have reported that airlines routinely overbook their flights, and sometimes passengers have to accept (voluntarily or not) the inconvenience of getting to their destination later than planned.

As an airline economist, I do not recall, however, such a situation ever escalating to the level it did on that United flight. The incident raises many questions, including why airlines overbook and what the carrier could have done differently.

Airline economics 101: Why they overbook

Overbooking is indeed something that the airlines routinely do, and it represents a rational behavior for a carrier that sells some of its tickets as fully refundable contracts (mostly to business customers who pay the highest rates).

While the last few years have generally been good for airline profitability, the brutal truth is that profit margins have been rather low historically. Airlines rank below most other industries in terms of return on invested capital, according to the International Air Transport Association. readmore

Apple releases red iPhones, cuts prices on lower-end iPads

The iPad Air 2 is replaced by a new model simply called the iPad costing $329

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Apple is refreshing and cutting prices on two of its iPads, but held back on updating its higher-end tablets.

A much-speculated 10.5-inch iPad didn’t materialise, nor did new versions of iPad Pros aimed at businesses and creative professionals.

Apple unveiled the new iPads through a press release rather than a staged event, the opposite of the process reserved for bigger product releases, which typically are unveiled in September or October, in time for the holiday shopping season.

The tablet market is in an extended decline after a few years of rapid growth. According to IDC, tablet shipments fell 20 percent, to 53 million in the final three months of 2016, compared with the same period in 2015.

The iPad Air 2 is replaced by a new model simply called the iPad. It retains a 9.7-inch screen, but the display is brighter and the processor faster. Its price starts at $329 for 32 gigabytes of storage, down from $399.

The smaller, 7.9-inch iPad Mini 4 now comes with 128 gigabytes of storage starting at $399, down from $499. It’s eliminating 32-gigabyte model, which used to sell for $399. Read More

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Nokia 3310 makes a comeback with 22 hours of battery life, dual sim

Price in India, other countries can fluctuate a little bit because of taxation and cost factors

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Finnish mobile device player Nokia is in reboot mode as it gets ready to bring to India its 17-year-old iconic Nokia 3310 handset for about Rs 3,500, along with its Android smartphones, next quarter.

“All the products that we have announced Nokia 3310, Nokia 6, Nokia 5 and Nokia 3 will be available in the second quarter of this year in India. Average global selling price for Nokia 3310 is 49 euros,” HMD Global Oy Chief Marketing Officer Pekka Rantala said.

HMD Global has licence to design and sell Nokia branded phones globally as well as use technologies developed by Nokia Corporation.

Also Read : Technology News, Latest Technologies, Products, Gadgets, Gizmos, Trends from India and the World

“Now, we are celebrating the new era of Nokia brand that is the reason we are with HMD Global. Let me also be very clear that we would not license the Nokia brand to just anybody. It means too much to us. We chose carefully. We looked at the market. We looked at Google to be our brand licensing partner which could do this for a long time,” Nokia President and CEO Rajeev Suri said.

HMD Global also unveiled Nokia 5 and Nokia 3 smartphones for 189 euros and 139 euros built on Google’s Android platform. The company has already been selling Nokia 6 in China. One model of Nokia 6 with 3 GB RAM and 32 GB internal storage will be retailed at around 229 euros and the other one with 4 GB RAM and 64 GB internal memory with support for external memory card will be available for around 299 euros.

Nokia 6 has 5.5-inch screen size, 8 MP front camera and 16 MP rear camera.

Nokia 3 and 5 have 2 GB RAM, 16 GB internal storage and support memory card of up to 128 GB.

The Nokia 3 smartphone sports 5-inch screen size, 8 megapixel camera in the front and back. Nokia 5 has a 5.2-inch screen, 8 MP front and 13 MP back cameras.

Rantala said the price in India and other countries can fluctuate a little bit because of taxation and other cost factors associated with individual countries.

Nokia 3310, known for its robustness, was the most widely used feature phone globally in 2000-05. It is estimated to have sold 126 million units globally when there were only a few countries with mobile networks. Read Full Story >>>

Oscars 2017: La La Land wins 6 awards

There was high drama when the award for best film was announced at the 89th Acacdemy Awards

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The 89th Academy Awards ceremony took place at Los Angeles earlier this morning. La La Land got 14 nominations, including thumbs up for Emma Stone, Ryan Gosling and Damien Chazelle. It bagged the Oscars 2017 in 6 of these categories, narrowly missing out on the award for the the best film. It won the awards for best director, best actress, best original score and best original song for City of Stars. Here are the details:

Best Director-Damien Chazelle

Damien Chazelle, the Hollywood wunderkind behind this year’s most loved movie “La La Land”, became the youngest filmmaker to win best director trophy at the 89th Academy Awards today. Six years in the making, it was a dream project for 32-year-old Chazelle who wanted to pay tribute to old Hollywood musicals with his LA-set story of ambition and romance. In his speech, Chazelle recognised his fellow nominees and his stars — Ryan Gosling and Emma Stone. He also paid tribute to his girlfriend Olivia Hamilton.

Best Song-Justin Hurwitz

Justin Hurwitz took home best song for his much-loved number ‘City of Stars’ and the enchanting soundtrack of “La La Land” at the 89th annual Academy Awards. The track, whose lyrics are by Benj Pasek and Justin Paul, features Ryan Gosling as an LA-based musician playing to the tunes of jazz and crooning, “City of stars… Are you shining just for me?… City of stars… There’s so much that I can’t see.”The track comes twice in the movie, at first with Gosling’s character Sebastin Wilder singing it longingly and the other time Mia, played by Emma Stone, humming it along with him.

Best actress- Emma Stone

Emma Stone danced her way to victory as she took home the best actress Oscar for her portrayal of Mia in Damien Chazelle’s soaring musical “La La Land”. The 28-year-old triumphed for the first time at Oscars defeating strong contenders like Isabelle Huppert (Elle), Ruth Negga (Loving), Natalie Portman (Jackie) and veteran actress Meryl Streep (Florence Foster Jenkins).

Stone’s performance, as an aspiring actress working as a barista in a cafe, in the film was praised for being superbly smart, witty and vulnerable. Read More

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Full text: Barack Obama’s farewell speech

Democracy is the idea that we rise or fall as one, said Barack Obama

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Latest News : It’s good to be home. My fellow Americans, Michelle and I have been so touched by all the well-wishes we’ve received over the past few weeks. But tonight it’s my turn to say thanks. Whether we’ve seen eye-to-eye or rarely agreed at all, my conversations with you, the American people – in living rooms and schools; at farms and on factory floors; at diners and on distant outposts – are what have kept me honest, kept me inspired, and kept me going. Every day, I learned from you. Barack Obama Farewell Speech You made me a better President, and you made me a better man.

I first came to Chicago when I was in my early twenties, still trying to figure out who I was; still searching for a purpose to my life. It was in neighborhoods not far from here where I began working with church groups in the shadows of closed steel mills. It was on these streets where I witnessed the power of faith, and the quiet dignity of working people in the face of struggle and loss. This is where I learned that change only happens when ordinary people get involved, get engaged, and come together to demand it.

After eight years as your President, I still believe that. And it’s not just my belief. It’s the beating heart of our American idea – our bold experiment in self-government. It’s the conviction that we are all created equal, endowed by our Creator with certain unalienable rights, among them life, liberty, and the pursuit of happiness. Read More