February 28 : Leaders create the change they believe in

On this day, 28 Feb....

1561 - Ambroise Paré published La méthode curative des players et fractures de la teste humaine (Treatment Method for Wounds and Fractures of the Human Head). For his innovative methods, Paré is known as “the father of modern surgery."

1893 - Carborundum was patented by Edward G. Acheson of Monongahela. He had discovered it accidentally while trying to make artificial diamonds. He had dissolved carbon into molten corundum (a mixture of powdered coke and clay) in an electric furnace, and that yielded dark, hard, gritty crystals. He named the new material carborundum and found it was one of the hardest industrial substances, which made it an excellent abrasive material. In 1894, he started the Carborundum Company to produce grindstones, knife sharpeners, and various abrasives.

1935 - Nylon was discovered by Dr. Wallace H. Carothers of DuPont.

1953 - DNA structure discovered by James Watson.

1996 - In the Jain hawala case, nonbailable warrants of arrest issued against 10 politicians.

2014 - Indian automaker Mahindra & Mahindra plans selling the e2o, an electric car, in Bhutan for about $11,300; vehicle exhaust is causing air pollution problems in Bhutan that threaten the country's tourism-dependent economy.

Born

1900 - Kondedera Madappa Kariappa, first General of independent India.

1944 - Ravindra Jain, composer.

1994 - Er. Parul Gupta, Shahdara, Delhi

RIP

1936 - Kamla Nehru, wife of Pandit Jawaharlal Nehru.

1963 - Dr. Rajendra Prasad, the first President of India.

1988 - Jaydev, famous music director.

You may have known....

You can cry in space but your tears don’t fall. Onboard the International Space Station, water floats like bubbles or spheres. However, the water will cling to a surface until it is dislodged. This means that tears start to form bubbles around your eyes as the weightless environment is not causing your tears to fall. This sounds really cool but it can be dangerous. ESA astronaut Luca Parmitano suffered a space suit leak whilst on a spacewalk. The water leaked into his helmet covered his eyes and ears, but thankfully he made it back into the Space Station unharmed, but if not he could have drowned in space.

जानिए श्रीदेवी के आखरी लम्हों की आखरी झलक - श्रीदेवी मिस्ट्री का हल हो गया है, यहां 10 सबसे बड़े महत्वपूर्ण बिंदु हैं

मुंबई: अभिनेता श्रीदेवी का शरीर अपने परिवार को सौंप दिया गया है और दुबई में सरकारी अधिकारियों ने कहा है कि उनकी मौत की जांच बंद हो गई है। श्रीदेवी, जो एक परिवार की शादी में भाग लेने के लिए दुबई में थे, शनिवार को एक होटल के कमरे में निधन हो गया। एक फोरेंसिक रिपोर्ट ने कहा कि वह चेतना खोने के बाद एक बाथटब में "गलती से डूब गई" सुपरस्टार के शरीर को एम्बैल्डेड कर दिया गया है और उसे हवाई अड्डे पर ले जाया जा रहा है जहां से इसे आज मुंबई में भेजा जाएगा जहां अंतिम संस्कार होंगे।

• दुबई सार्वजनिक अभियोजन ने अपनी मृत्यु के परिस्थितियों में व्यापक जांच के पूरा होने के बाद भारतीय अभिनेत्री श्रीदेवी के शरीर की रिहाई को मंजूरी दे दी है ... दुबई सार्वजनिक अभियोजन पर बल दिया कि ऐसे मामलों में सभी नियमित प्रक्रियाएं पूरी हो चुकी हैं फॉरेंसिक रिपोर्ट के मुताबिक, भारतीय अभिनेत्री की मृत्यु चेतना के नुकसान के बाद हुई आकस्मिक डूबने के कारण हुई थी। अब मामला बंद हो चुका है। "दुबई सरकार के मीडिया कार्यालय ने ट्वीट किया

• श्रीदेवी के पति, निर्माता बोनी कपूर, दुबई में हैं, जहां वे अभिनेता अर्जुन कपूर से आज यहां शामिल हो गए, जो उनका पहला विवाह है। श्री कपूर के भतीजे सौरभ मल्होत्रा ​​मुर्दा के बाहर इंतजार कर रहे थे और श्रीदेवी के शरीर के साथ शवों के मवेशी के लिए गया था।

• श्रीदेवी की बेटियां झनवी, 20, और खुसी, 17 मुंबई में हैं, जहां अभिनेता अनिल कपूर के घर में रविवार को फिल्म बिरादरी, श्रीदेवी के भाई और उसके सह-कलाकारों के घर में, जिसमें भारत, - अपने सम्मान का भुगतान करने के लिए

• श्रीदेवी, 54, शनिवार शाम को अपने पति द्वारा जुमेराह अमीरात टावर्स में अपने होटल के अपार्टमेंट में एक बाथटब में बेहोश पाया गया था, स्थानीय मीडिया रिपोर्टों ने कहा। एक मेडिकल टीम को उसे पुनर्जीवित करने में विफल होने के बाद, उसे अस्पताल ले जाया गया, जहां उसे मृत घोषित किया गया।

• पोस्टमार्टम रिपोर्ट ने कहा कि श्रीदेवी चेतना खोने के बाद बाथटब में गिर गए और डूब गए। यह मामला "कानूनी प्रक्रियाओं" को पूरा करने के लिए "दुबई सार्वजनिक अभियोजन" में स्थानांतरित किया गया था। श्रीदेवी के परिवार ने शुरू में कहा था कि वह हृदय की गिरफ्तारी से मृत्यु हो गई थी। फोरेंसिक रिपोर्ट में कार्डियक गिरफ्तारी का उल्लेख नहीं किया गया

• श्रीदेवी, बोनी कपूर और उनकी छोटी बेटी खुसी श्री कपूर के भतीजे मोहित मारवा के विवाह में भाग लेने के लिए दुबई गए थे। मंगलवार, 20 फरवरी को शादी के बाद बॉनी अपनी बेटी के साथ मुंबई लौट आए, जबकि श्रीदेवी वापस रह गए।

• बॉनी कपूर अपनी पत्नी को आश्चर्यचकित करने के लिए शनिवार दुबई लौट आए हैं। जोड़े को रात के खाने के लिए बाहर जाना था, लेकिन तैयार होने के दौरान श्रीदेवी बाथरूम में गिर गए।

• सुपरस्टार की मौत के कारण भारत की राजदूत ने आज सुबह ट्वीट्स में सुझाव दिया था, "हम निधन के कारणों को निर्धारित करने के लिए विशेषज्ञों को छोड़ देते हैं। चलो जिम्मेदार हैं।"

• फिल्म सितारों, राजनेताओं और श्रीदेवी के लाखों प्रशंसकों ने भारत में दुःख में पलट दिया, जहां उन्हें स्क्रीन पर मजबूत महिला पात्रों और पुरुष सुपरस्टार-प्रभुत्व बॉलीवुड में "भारत की पहली महिला सुपरस्टार" के रूप में चित्रित करने के लिए मनाया गया। श्रीदेवी के करियर में पांच दशकों तक फैली - उसने 4 साल की उम्र में फिल्मों में काम करना शुरू कर दिया था। जब वह 13 साल की थी तब तक वह प्रमुख भूमिका निभा रही थीं।

• वह बॉलीवुड में एक शानदार कैरियर के पटकथा से पहले तमिल, तेलगू, कन्नड़ और मलयालम फिल्मों में अभिनय किया। बॉनी कपूर से शादी के 15 साल का विवाह उनकी शादी के बाद हुआ। 2012 में स्मैश-हिट "इंग्लिश विंग्लिश" के साथ श्रीदेवी लौटे। वह थ्रिलर "माँ" के साथ इसका पालन करते हैं उसने सुपरस्टार शाहरुख खान की आने वाली फिल्म "ज़ीरो" में एक विशेष प्रदर्शन के लिए गोली मारी - जो दिसंबर में रिलीज हुई।

February 27 : Only those who play win. Only those who risk win. History favors risk-taker.

On this day, 27 Feb...

.

1803 - Great fire raged through Mumbai (comprising seven islands), destroying almost a third of the city’s houses. Densely populated, it was devastated, and in its aftermath authorities pushed through major changes, greatly altering the urban landscape and uprooting communities. Ironically, considering the post-fire desire for space and expansion, Mumbai today is one of the most densely populated cities in the world.

1867 - Dr. William G. Bonwill of US invented the dental mallet while watching a telegraph key sounder operate in a Philadelphia hotel.

1869 - John Menard is 1st black to make a speech in US Congress.

1874 - Baseball 1st played in England, at Lord's Cricket Grounds.

1879 - Saccharin, the artificial sweetener, was discovered by Constantin Fahlberg. He was researching coal tar compounds. With hands unwashed since leaving his laboratory work, during a meal, he accidentally discovered its intensely sweet taste when his fingers touched his lips. He subsequently started a factory to produce and market it. Fahlberg became wealthy by taking the outcome of a laboratory experiment and pursuing a commercial path for it.

1892 - With the comparative scarcity of water power in many parts of England, attention was paid to producing electricity from wind power. A small experimental plant was set up at a flour-mill near London, the wind-mill supplying sufficient power to charge a storage battery, from which a number of the arc and incandescent lamps were lighted nightly. Although the current obtained was small, the experiment demonstrated the possibilities.

1900 - German chemist Felix Hoffmann was issued a U.S. patent for “Acetyl Salicylic Acid”. He had discovered the chemical compound on 10 Aug 1897 while a researcher at the Bayer company. It was marketed as Aspirin, the familiar pain reliever, which at the time was a trademarked name. It was first sold in Germany in powder form, from 1 May 1899, and later in the more convenient tablet form, from 1 Jan 1915.

1932 - The neutron was discovered by Dr. James Chadwick.

1942 - J S Hey discovers radio emissions from Sun.

1947 - The first closed-circuit broadcast of a surgical operation showed procedures to observers in the classroom by Dr. Alfred Blalock.

Born

1932 - Elizabeth Taylor, English-American actress.

1952 - Prakash Jha, screenwriter.

RIP

1931 - Chandra Shekhar Azad. He was an Indian revolutionary who reorganized the Hindustan Republican Association under the new name of Hindustan Socialist Republican Association. He is considered to be the mentor of Shaheed Bhagat Singh.

You may have known....

The word astronaut comes from the Greek word “Astron” which means star and “Nautes” which means sailor. The Russian cosmonaut has a similar meaning to ‘kosmos’ meaning universe and again “Nautes” sailor.

Economic news

The Govt Plans to cut red tape and ease rules for foreign portfolio investors(FPI) to attract more investment in the economy.

The Delhi HC ordered the attachment of assets held by two investment cos of Singh Brothers, former owners of Ranbaxy Ltd.

The income tax debt has filed Six charge sheet against Rotomac owner Vikram Kothari for alleged tax evasion.

IT Dept notifies scheme which aimed at eliminating physical interface between taxpayers and the department.

IT dept has introduced a new form for trusts availing exemptions, for new registration or modification of existing ones.

Markets at 3 weeks high, Sensex gained over 300 points, as volatility eases.

The Director General of Safeguards has asked HUL to clarify the methodology it used to arrive at Rs119 crore that the co offered to the govt after it could not pass on the entire benefits of GST.

The Govt has asked all PSB’s to ensure strict compliance with all regulatory norms and proper audit of their foreign branches.

The Govt has created an alternative offline mechanism to address the issue of delayed GST refunds to exporters.

February 26 : A true leader answers not to the trumpet calls of self-promotion, but to the hushed whispers of necessity.

On this day, 26 Feb....

1616 - Galileo, who defended the Copernican theory that the earth revolved around the sun, had remained in conflict with the church. Eventually, with seven of the ten cardinals presiding at his trial he was found guilty. Upon signing a formal recantation, the Pope allowed him to live under house arrest. He remained in his villa at Florence till he died on 8 Jan 1841.

1797 - Bank of England issues first £1-note.

1878 - The French scientist, Sédillot corresponded with Littré concerning certain micro-organisms, and a suitable word to name them. Littré replies in a letter on this date that he chooses the word "microbe," rather than "microbial," even though it was coined from two Greek words that together would mean "short-lived" rather than "small life."

1895 - Michael Joseph Owens of Ohio patented a glass-blowing machine. He later became a co-founder of the glass industry. The world's first fully the automatic machine he invented was a revolution in glass bottle making.

1907 - U.S. Congress raised their own salaries to $7,500.

1910 - Gandhi supports the African People's Organisations resolution to declare the day of arrival of the Prince of Wales in South Africa as a day of mourning in protest against the South Africa Acts on the disenfranchisement of Indians, Coloureds, and Africans in the upcoming Union of South Africa.

1935 - The feasibility of radar (Radio Detection And Ranging) was demonstrated to Air Ministry officials at Daventry, England, by Robert Watson-Watt, a Scottish physicist. Earlier, while working on methods of using radio-wave detection to locate thunderstorms in order to provide warnings to airmen, he realized that it could be used to track enemy aircraft for air defense. The test showed that an RAF Heyford bomber flying in the main beam of a BBC short-wave radio transmitter gave back-reflected signals to the ground on three occasions that the aircraft passed overhead. By 1939, the outbreak of WW II, the military installed a chain of radar stations along the east and south coasts of England to prevent a German invasion.

1936 - Hitler introduces Ferdinand Porsche's "Volkswagen".

1975 - Bhanubhai Shah established the first kite museum of India called 'Shankar Kendra' in Ahmedabad.

2014 - NASA announces that its Kepler space telescope has discovered 715 planets in other solar systems, bringing the instrument's new-planet tally to 961; four of the latest discoveries are thought to have an orbit favorable to habitation, but the distance of these planets makes exploration impossible with current technology.

Born

1852 - John Harvey Kellogg, American physician and health-food pioneer whose development of dry breakfast cereals was largely responsible for the creation of the flaked-cereal industry.

1922 - Manmohan Krishna, actor.

1936 - Manmohan Desai, film producer and director.

RIP

1966 - Vinayak Damodar Savarkar "Veer", great revolutionary freedom fighter, social reformer, politician, and writer. He was known as the first person to flee by swimming from Port Blair Jail and was associated with right-wing Hindu Mahasabha, started the Abhinav Bharat as a secret society of revolutionary terrorists.

2018 - Sridevi body arrives in Mumbai, Death On 25 February 2018 in Dubai.

You may have known....

The moon looks bigger on the horizon. There is an optical illusion which makes the moon appear to be larger the lower it is in the sky. The apparent magnification is not caused by our atmosphere. It is more of a mind trick. When the moon is closer to the horizon, it is closer to objects like buildings and trees which therefore in comparison makes the moon look bigger. However, there are times when the moon really is bigger. During its elliptical orbit, the moon has times when it is actually slightly closer to the Earth (Perigee) or further from the Earth (apogee). This happens about once a month, do the moon’s orbit around the Earth. Usually is not noticeable to the eye. However, when a full moon occurs at the same time of the moon’s perigee it can be called a Supermoon and appears 12-14% bigger than normal!

Economic news

E-way bill provisions may be relaxed for the E-com companies and export from an ICD.

The CBI has registered a case against Simbholi Sugars chairman Gurmit Singh in connection with an alleged bank loan fraud of Rs 970 million.

70% IGST refund stuck due to discrepancies in the information furnished by the exporter to GSTN in filing the GSTR-1 or GSTR 3B and shilling bill filed with custom.

ED seeks info on Nirav Modi, choksi’s overseas assets.

Tax-Free Bonds , offering tax-free return and lower volatility compared to debt mutual fund, turn attractive again.

Idea-Vodafone Merger unit will invest Rs 60000 crore in infrastructure to meet surging demand for data.

CBDT has asked its field officers to step up efforts and put more focus on better performing zones, to meet the Rs 10.05 trillion target.

February 25 : You don’t become the person you wish to become; you become the person you choose to become.

On this day, 25 Feb....

1616 - The Minutes of the Inquisition recorded that following the judgment by the Father Theologians against the opinions of the mathematician Galileo on the heliocentric model, Pope Paul V ordered Cardinal Bellarmine to summon Galileo and in person, warn him to abandon his assertion that the earth moves around the sun. If Galileo were to refuse, an injunction would be issued that he should abstain completely from teaching, defending or discussing the doctrine. Further, if Galileo should not acquiesce, he would be imprisoned. The next day, 26 Feb 1616, Galileo was ordered by Bellarmine “to give up altogether the false doctrine... and if you should refuse.. you should be imprisoned.” Given such a choice, Galileo made a renouncement, but he knew that would not change the real facts of the Earth's motion.

1836 -  Samuel Colt patents 1st revolving barrel multishot firearm.

1837 - Thomas Davenport patented the first practical electrical motor as "an application of magnetism and electromagnetism to propelling machinery."

1859 - 1st use of "insanity plea" to prove innocence (US).

1862 - Paper currency (greenbacks) introduced in the US by Pres Abraham Lincoln.

 1899 - The first petrol-fuelled car crash in which the driver died, occurred at Grove Hill Harrow, England.  

1902 - On this date (?) the first power-driven vacuum cleaner was built by Hubert Cecil Booth of London. In 1901, Booth devised a filter bag system that made commercial vacuum cleaners practical.   An early use of Booth's machine was to clean the great blue coronation carpet under the throne at Westminster Abbey for the coronation of Edward VII.  

1908 - The 1st tunnel under Hudson River (railway tunnel) opens.

1910 - Dalai Lama flees Tibet from Chinese troops to British India. (In September 1908, the Dalai Lama was granted an audience with the Guangxu Emperor and Empress Dowager Cixi. The emperor tried to stress Tibet's subservient role, although the Dalai Lama refused to kowtow to him. He stayed in Beijing until the end of 1908.When he returned to Tibet in December 1908, he began reorganizing the government, but the Qing sent a military expedition of its own to Tibet in 1910 and he had to flee to India).

1963 - Nehru refuses to recognize China-Pakistan border pact in New Delhi. (The Sino-Pakistan Agreement is a document between the governments of Pakistan and China establishing the border between those countries. It resulted in China ceding over 1,942 square kilometers (750 sq mi) to Pakistan and Pakistan recognizing Chinese sovereignty over hundreds of square kilometers of land in Northern Kashmir and Ladakh).

1932 - Immigrant Adolf Hitler gets German citizenship.

1976 - India announces the plan to penalize parents who have more than two children.

2012 - World Health Organization removes India from the list of polio-endemic countries.

Born

1894 - Meher Baba of Poona, Indian saint of Persian origin and gifted with psychic powers of prediction. The mystical teachings of this silent sage stressed love, self-inquiry, and God-consciousness.

1948 - Danny Denzongpa, actor.

1974 - Divya Bharti, actor.

1981 - Shahid Kapoor, actor. 

(Nicknamed Sasha, he is the chocolate boy of Bollywood).

RIP

1586 - Birbal, renowned wit and one amongst the 'Navratna' of Emperor Akbar's Court; died in a war with Usuf Jard Kabile.

1995 - Bomb attack on a train in Assam; 27 soldiers killed.

2018 - Film Actress, producer Shree Amma Yanger Ayyapan (Sridevi) died of cardiac arrest in Dubai (United Arab Emirates) She was 54 Years Old.

Titbits

1751 - 1st performing monkey exhibited in America.

1982 - Record speed for a snowmobile (239 kph).

1923 - Bread price in Berlin rises to 2,000 marks. 

You may have known....

The hottest planet is not the closest planet to the Sun. Even though Mercury is the closest planet to the Sun, it is not actually the hottest. Mercury does not have any atmosphere meaning that this planet is only hot in the daytime when it is directly facing the Sun. At this stage, temperatures can rise to 425°C but at night the planet’s temperature can drop down to a freezing -180°C. Venus is the hottest planet. Its thick clouds trap the Sun’s heat causing Venus to be a sizzling 500°C all of the time!

February 24 : Leaders are not born; they arise. They emerge.

On this day, 24 Feb....

1739 - Battle of Karnal: The army of Iranian ruler Nadir Shah defeats the forces of the Mughal emperor of India, Muhammad Shah.

M

NN 1871 - Descent of man. Charles Darwin's Descent of Man was published in London.   

1908 -  The U.S. awarded its first lighter-than-air airship contract to Capt. Thomas S. Baldwin.  

1924 - U.S. Navy officials and the media witnessed the 95-sec flight of the latest design of a helicopter built by Henry Berliner. It reached a height of 15-ft and could maneuver in a radius of 150-ft, at a speed up to about 40 mph.   Although in the past two decades there had been trials of helicopters designed by others (including Berliner's father Emile on 11 Jul 1908), this day's test is claimed to be the first controlled helicopter flight. The aircraft - the oldest intact helicopter in the world - is now loaned by the Smithsonian Institution for display at Berliner's testing site in College Park Aviation Museum, Maryland.

1931 - The Fields Medal was established to recognize outstanding contributions to mathematics. It was conceived since there was no Nobel Prize for mathematicians. Although John Charles Fields probably thought of the medal at some earlier time, the first recorded mention of it was made on 24 Feb 1931 in minutes of a committee meeting.

1938 - DuPont began commercial production of nylon toothbrush bristles for the so-called "Miracle Tuft Toothbrush." (Before 1938, the world relied on toothbrush bristles of neck hairs from wild swine from Siberia, Poland, and China. When DuPont created nylon it was the toothbrush which was the first item to benefit from the use of nylon). There were many advantages in this new brush including a dramatic reduction in production costs and the ability to control bristle texture. Whereas, bristles made with wild boar hairs fell out, wouldn't dry very well or became full of bacteria. At first, the consumers were not entirely satisfied because the early nylon bristles were very stiff and hurt the gums. By 1950, Du Pont produced softer nylon bristles.

1948 - The State of Junagarh, whose accession to India was protested by Pakistan in the UN Security Council, voted in favor of India in a popular referendum held on 20 February.

1949 - "The first recorded man-made object (two-stage rocket) to reach extraterrestrial or outer space" was launched from   New Mexico.  

1961 - Government of Madras province was renamed as Tamil Nadu.

1974 - Pakistan officially recognizes Bangladesh.

1981 - Britain's Prince Charles announces engagement to Lady Diana Spencer.

1989 - 150-million-year-old fossil egg (oldest dinosaur embryo) found.

2000 - The Subrahmanyam Committee report tabled in the Lok Sabha. The panel concluded that the Pakistan intrusion in Kargil took the Indian security establishment by surprise.

2010 - Sachin Tendulkar scored the first double century in One Day International cricket.

2014 - A 4.4 billion-year-old Crystal is discovered to be the oldest known fragment of the earth's crust.

2014 - Today marks the 30th anniversary of the release of the Apple Macintosh; the computer had a 9-inch monochrome display, 128 KB of memory and a 3.5" slot for a floppy disk.

Born

1924 - Talat Mahmood, singer.

1939 - Joy Mukherjee, actor.

1948 - Jayaram Jayalalitha, actress, and politician, former chief minister of Tamil Nadu.

1963 - Sanjay 

Leela Bhansali, film director.

1972 - Pooja Bhatt, actor.

RIP

1986 - Rukmini Devi, dancer, and choreographer of the Indian classical dance form of

Bharatnatyam.

1998 - Lalita Pawar, actor.

Titbits

1979 - The Highest price ever paid for a pig, $42,500, Stamford, Texas.

You may have known....

You become taller in Space. As a change to the human body in microgravity, the spine straightens out, as gravity is not pushing you down. In fact, you can be up to as much as 5cm taller in the Space Station.

The Institute of Chartered Accountants of India (ICAI) plans to review accounts of all companies with over Rs 2k crore loans

NEW DELHI: The Institute of Chartered Accountants of India (ICAI) on 22 Feb 2018 said that it has written to RBI seeking a list of corporate borrowers of public sector banks with over Rs 2,000 crore loan outstanding so that their accounts can be examined by Financial Reporting Review Board for any possible violation of accounting standards as well as auditing.

The Disciplinary Directorate of ICAI has issued show-cause notices to all central statutory auditors of PNB   as well as auditors of Gitanjali Gems, while asking Sebi, CBI. Similarly, central statutory auditors who have done a quarterly review of PNB have also been issued show cause notice. 

The enforcement directorate to share the findings of the investigations related to the supposed fraud committed by Nirav Modi and Mehul Choksi.

In a statement, ICAI said that it had summoned the deputy general manager of PNB to produce a copy of FIR, all documents related to the alleged fraud and share details of the modus operandi. “ICAI has also written to its parent ministry i.e. the ministry of corporate affairs requesting to prevail upon SEBI, CBI, ED, and PNB to share their findings with ICAI to enable it to accelerate the action against any Chartered Accountant who has played any role in this fraud,” it added.

The reiteration of some of the move to seek information, taken a week ago, came days after finance minister Arun Jaitley went public with his criticism of auditors in the Rs 11,300 crore PNB fraud. In July, PM Narendra Modi too was critical of the ICAI’s disciplinary record. 

The institute has also set up a high-powered group to study the systemic issues in case of PNB and suggest corrective steps and improvement in the banking system operates.The first meeting of the group is scheduled on 23 February 2018.

February 23 : Winners see the dream and develop plans while the rest see the obstacles and develop justifications.

On this day, 23 Feb....

1768 - Nizam accepted British supremacy and Smith Col. signed peace treaty with the Nizam.

1792 - The Third Mysore War ended in Tipu Sultan's signing of Peace Treaty dictated by Lord Cornwallis & surrendering his two sons, Abdul Khaliq & Maiz - Uddin. This is known as Treaty of Seringapatam (also called Srirangapatnam, Mysore's capital).

1813 - The first cotton mill in the world in which the whole process of cotton manufacturing from spinning to weaving was carried on by power was incorporated in Waltham, the U.S. Located on a river bank it used water power.

1886 - London Times publishes world's 1st classified ad.

1893 - Rudolf Diesel received a German patent for the diesel engine. His engine burns fuel oil rather than gasoline and uses the high compressed pressure of the gases in the cylinder rather than a spark to ignite the fuel. Despite the diesel engine's exhaust pollution, its fuel efficiency may make it more environmentally sound than the gasoline engine in the long run.

1896 - The Tootsie Roll was introduced by Austrian immigrant Leo Hirshfield to the U.S. In a small store in New York City, he began producing his chocolaty, chewy candy, which he named after a nickname of "Tootsie" for his five-year-old daughter, Clara. By 1905, production moved to a four-story factory in New York. During World War II, Tootsie Rolls were added to American soldiers' rations because of their ability to withstand severe weather conditions and give quick energy. (Tootsie Rolls are made from a base of sugar, corn syrup, soybean oil, skim milk and cocoa. Current production is over 49 million pieces a day.

1916 - French artillery kills entire French 72nd division at Samogneux Verdun.

1946 - Some 300,000 Indians joined in anti-British demonstrations in the wake of previous day's violent riots in the city of Bombay. Indian Navy rebels. A day of terror and rebellion saw Indian Navy members turn against their British officers firing machine guns.

1954 -The first mass inoculation of children against polio with the Salk vaccine began in U the.

1960 - Black American inventor, F. M. Jones was issued a U.S. patent for a "Thermostat and Temperature Control System"

1980 - Prakash Padukone becomes the first Indian to win All-England Badminton Championship.

1997 - The successful cloning of an adult mammal was announced: a female lamb named "Dolly" that was born 5 Jul 1996. Dolly lived until 14 Feb 2003, when she was put down due to the effects of a progressive lung disease.

1998 - Osama bin Laden publishes a fatwa declaring jihad against all Jews and Crusaders.

RIP

1969 - Madhubala, famous Hindi film actress.

1997 - 176 people dead and 500 injured in a major fire at a religious congregation in Baripada, Orissa.

1998 - Raman Lamba, former Indian Test cricketer, passed away in Dhaka, three days after being hit on the head while close-in fielding.

2004 - Vijay Anand, film director.

You may have known....

Ancient astronomers once believed the Earth was at the center of the Universe but now we know that the Sun is at the center of our Solar System and our planets orbit the Sun. The Sun makes up 99.8% of the entire mass of the whole Solar System. One million Earths would be needed to be the same size as the Sun.

Economic news

PNB  accused Nirav Modi of Money laundering and told  him  to submit ‘ a concrete and implementable plan’ to clear his liabilities

The Income-tax dept has issued notices those who purchased diamond jewelry worth  Rs 2.52 billion in cash from Nirav group.

PNB appoint PwC to conduct the investigation into alleged Rs 11300 cr fraud.

Ultratech Cement closer to acquiring Binani cement.

Sensex can dip to 30K, according to Marc Faber editor and publisher of The Gloom, Boom & Doom.

ICAI has issued the show cause notices to the auditor of PNB and Gitanjali Gems.

Sebi is planning to tighten regulations for AIF (alternative investment funds) to better monitor the source of funding and their end use.

Sebi is planning checks and balances on overseas investors, taking ‘private bank route’ to invest in the domestic market.

NSE plans to continue to provide data to Global index providers, including MSC, L to enable overseas investors to take exposure to the Indian market through their exchange-traded funds.

February 22 : Fear cannot be banished, but it can be calm and without panic; it can be mitigated by reason and evaluation.

On this day, 22 Feb....

1630 - Popcorn was introduced to the English colonists by an Indian named Quadequina who brought it in deerskin bags as his contribution at their first Thanksgiving dinner. Popcorn is a type of corn with smaller kernels than regular corn, and when heated over a flame, it "pops" into the snack we know it as today. Native Americans were growing it for more than a thousand years before the arrival of European explorers. In 1964, scientists digging in southern Mexico found a small cob of popcorn discovered to be 7,000 years old. Today, the United States grows nearly all of the world's popcorn.

1907 - 1st cabs with taxi meters begin operating in London.

1918 - Tallest human. The documented world record tallest human Robert Pershing Wadlow was born in the US. Shortly after graduating from high school, he was 8-ft 4-in  tall. He grew to a final height, shortly before his death, of 8-ft 11.1-in. This unique size was attributed to an overactive pituitary gland, which produced much higher than normal levels of growth hormone. Today's medical science can compensate for such problems, but in the 1920s there was no therapy available. He died on 15 Jul 1940, at age 22, from a fatal infection.   At the time of his death, he weighed 490 pounds. The 1,000-pound casket required a dozen pallbearers, assisted by eight other men.

1946 - The first specific antibiotic (streptomycin) effective against tuberculosis was discovered.

1947 - Nehru welcomes British independence offer, invites Muslims to join in New Delhi.

1983 - 3000 die in communal clashes in Assam. 

1995 - Steve Fossett completed the first hot air balloon flight over the Pacific Ocean:9600 km. (On 3 Mar 2005, he completed the first solo non-stop and fastest flight around the world without refueling, in The Global Flyer, a single-engine, single-use experimental jet plane).

1995 - Bomb attack on the train in Assam (27 soldiers killed).

Born

1873 - Sir Muhammad Ekbal, writer of the song 'Sare Jahan se Achha'.

1948 - Jayalalitha, former chief minister of Tamil Nadu.

1964 - Sooraj R Barjatya, screenwriter.

RIP

1944 - Kasturba Gandhi. (Passed away in British imprisonment in Aga Khan Palace at Pune).

1958 - Maulana Abul Kalam Azad. He was a great leader, a great orator, revolutionary and fighter for national freedom.  

Titbits

1903 - Due to drought, the US side of Niagara Falls runs short of water.

You may have known....

The astronauts - Michael Collins, Neil Armstrong and Buzz Aldrin - were placed in quarantine after returning from the moon.  This continued until after the Apollo 14 crew returned safely. After this, it was decided that the Moon did not contain any deadly diseases. The Apollo 13 crew, who had a malfunction and had to return to Earth, did not have to be quarantined after their re-entry as they didn’t actually walk on the moon.

Economic news

DGFT will examine the violation of foreign trade guidelines while taking loans from banks by Nirav Modi firms.

EPFO lowers interest rate to 8.55% from 8.65% for 2017-18

A high-level panel of income tax suggests a lower corporate tax, to face the disruption caused by proposed 21% tax rate in US tax bill.

The Income-tax Dept has attached the four immovable assets of the Potomac Group.

A ministerial panel under Bihar Deputy Chief Minister Sushil Modi will meet to discuss the simplified “single stage “ return filing process in GST.

Religare new auditor, Kothari Mehta & sons, said the preceding auditor, Price Waterhouse, despite irregularities in the cos NPA accounting, internal control, submitted an unmodified report.

PNB Lou fraud spoils the Import finance, bank are imposing new strict rules.

Govt proposes to amend and consolidate small saving schemes like PPF, NSC, Kisan Vikas Patra.

February 21 : Fortune crowns the bold before the worthy.

On this day, 21 Feb....

1804 - The first self-propelling steam engine or steam locomotive was tested at the Pen-y-Darren ironworks on its normally horse-drawn tramline. The machine was designed by Richard Trevithick, who had built his first road steam locomotive in 1801, before turning his attention to railways. The railway engine at Pen-y-Darren was able to pull a load of 15 tons at a speed of about 5 mph. However, adhesion was a problem as the iron wheels slipped on the iron rails. Further, the cast-iron rails of the tramways of those days were not strong enough to support the weight of his new machine and the experiment was soon abandoned.

1811 - Humphry Davy introduced the name “chlorine” from the Greek word for “green,” for the bright yellow-green gas chemists then knew as oxymuriatic gas.

1842 - The first U.S. patent for a sewing machine was issued to John J. Greenough of Washington. It was designed for "Stitching all Kinds of Straight Seams."

1858 - The first electrical burglar alarm installation in the U.S.

1866 - The first woman dentist in the U.S. to obtain a D.D.S. degree from a dental college graduated. Lucy B. Hobbs (Mrs. Taylor). Being a woman, Hobbs had been originally turned down by many schools.

1878 - The first U.S. telephone directory, listing about 50 names, was issued.

1902 - Dr. Harvey Cushing, the first US brain surgeon, performed his first brain operation.

1931 - Alka-Seltzer, an effervescent antacid and pain reliever first marketed. It originated after Hub Beardsley, the president of Miles Laboratories, during a severe flu epidemic in winter 1928, had visited a local newspaper and learned from the editor, Tom Keene, that the staff seemed to be resistant to the illness. Keene explained that at the first sign of illness, he treated staff members with a combination of aspirin and baking soda. This resulted in a tablet with aspirin and sodium bicarbonate as the main ingredients.

1947 - The Polaroid camera, with the first used self-developing film, was demonstrated. It produced a black-and-white photograph in 60 seconds.

1958 - The first U.S. submarine to circumnavigate the world returned to Pearl Harbor, Hawaii. It spent 228 days traveling about 25,000 miles while visiting ports in Asia, Africa, and Europe.

1983 - More than 600 people were killed in Assam after student agitators protesting the immigration of Muslim refugees from Bangladesh attempted to stop state elections.

1994 - Whirlpool Corporation began production of an energy efficient refrigerator that did not use freon. It had an efficiency 25% better than the U.S. law required. By removing freon, the destructive effect on ozone in the atmosphere by that chemical was eliminated.

2013 - 21 people are killed and 54 are injured in a bombing in Hyderabad.

RIP

1991 - Nutan, famous film actor. She appeared in more than 70 Hindi films in a career spanning nearly four decades. Nutan holds the record of five wins of the Best Actress award at Filmfare, which was held only by her for over 30 years until it was matched by her niece Kajol in 2011; she is overall the most-awarded actress in the female acting categories at Filmfare, with six awards alongside Jaya Bachchan.

1998 - Om Prakash, actor. Born as Om Prakash Chibber, he used to play the role of Kamla in the stage play. Since his career began in 1942, he was a popular supporting actor from the 1950s until the 1980s.

You may have known....

In space, the skin on your feet peels off! This is a pretty gross fact but in the micro-gravity environment, astronauts are not using their feet to walk. Therefore the skin on their feet starts to soften and flakes off. As laundry facilities do not exist in space, astronauts will wear the same underwear and socks for a few days. Those socks then need to be taken off very gently. If not, those dead skin cells will float around in the weightless environment.

Economic news

FM will pull up bankers and auditors in the alleged fraud at PNB.

The private players will soon be able to mine coal and sell it to power plants and other users, ending the decades-old monopoly of State-run Coal India Ltd.

A new law approved to Ban unregulated deposit schemes. It aims to ban unregulated entities from collecting deposits from individuals to protect small investors from Ponzi schemes.

EPFO could maintain 8.65% interest rate for the current year after booking good gains in its equity portfolio.

February 20 : Without courage, it doesn't matter how good the leader's intentions are.

On this day, 20 Feb....

1673 - 1st recorded wine auction held (London).

1846 - British occupy Sikh citadel of Lahore.

1872 - Silas Noble and James P. Cooley of Granville, US, patented a toothpick manufacturing machine. The company is now the largest and oldest toy drum manufacturer in America.

1872 - Cyrus W. Baldwin received a U.S. patent for a vertical geared hydraulic electric elevator which was installed in the Stephens Hotel hotel in New York City.

1872 - Luther Childs Crowell, received a patent for a machine for manufacturing square-bottom paper bags. As a child, he spent a great deal of time folding pieces of paper. In 1867, he took out his first patent for a square-bottom paper bag, and wholesale production began in 1879. It remains the standard paper bag in use throughout the world.

1937 - The first successful automobile-aeroplane combination was complete. The first flight took place the next day. It claimed a top air-speed of 120 mph and 70 mph on a highway. The Studebaker Corporation eventually took delivery of five Arrowbiles.

1944 - Batman & Robin comic strip premieres in newspapers.

1947 - British Prime Minister Clement Attlee announced in the House of Commons, London, that Britain will release India before June 1948 and for this purpose Lord Louis Mountbatten was appointed to work as the new Viceroy of India.

1976 - Production of Crude Oil started from offshore Bombay High near Mumbai.

1986 - The Soviet Union launched into orbit Mir, a new space station. It had six docking ports and special laboratories for scientific research. Weeks later, a veteran crew was sent to man the 56-ft-long and 13.6-ft wide station. The core module provided living quarters for the cosmonauts: galley/table, cooking elements and storage, individual crew cabins and personal hygiene area.

1987 - Mizoram and Arunachal Pradesh became the 23rd and 24th states of Indian Union.

1993 - Government decides to form an Autonomous Council for the tribals within Assam to solve Bodo issue.

1994 - Government makes the first appointment under 27% reservation for OBCs in Central Services and Public Sector Undertaking.

1999 - India and Pakistan signed a formal agreement for launching the Delhi-Lahore bus service. Mr Vajpayee travels to Lahore on the inaugural run of the bus between New Delhi and Lahore.

2013 - Estonia becomes the first country in the world to establish a national electric car charging network, with cars charging in less than 30 minutes.

Born

1945 - Annu Kapoor, actor.

1988 - Jiah Khan, actor.

RIP

1707 - Aurangzeb, Mogul emperor.

1950 - Sarat Chandra Bose, freedom fighter, journalist, leader and elder brother of Subhashchandra Bose.

You may have known....

We have eight planets in our Solar System. However, outside of our Solar System, there are thousands of other planets. The extra-solar planets or exo-planets are in orbit around another star. So far we have almost 1800 confirmed new worlds, with another 3000 awaiting confirmation. Astronomers are looking to a star’s Goldilocks zone for planets that may be habitable, just like the Earth. The majority of planets discovered so far are hot gas giant planets.

Economic news

The union govt has written a letter to RBI asking how the alleged scam which had been going on for years, went undetected.

The Union cabinet is likely to approve a bill that seeks to ban all unregulated deposit schemes and the ones accepting cryptocurrencies.

CBI has booked Rotomac promoter Vikram Kothari, his wife, and son in connection with alleged swindling of 36.95 bn of loan funds.

Govt tells all PSB’s to integrate their core banking systems with SWIFT systems to prevent the reoccurrence of scam.

Auditors are facing questions how the fraud at PNB went on for 6yrs and how they failed to detect it.

SGX will launch new nifty derivatives before NSE deal ends, the new product will allow SGX,s existing client base to trade in Indian securities through its platform.

Delhi HC restrains Singh brothers from selling or mortgaging assets until 26th February.

रोटॉमैक पेन के प्रवर्तक विक्रम कोठारी - बैंकिंग धोखाधड़ी - क्यों कैसे और किसने किया -3,695 करोड़ रुपये

नई दिल्ली: केंद्रीय जांच ब्यूरो (सीबीआई) ने रोटॉमैक पेन के प्रवर्तक विक्रम कोठारी और अन्य लोगों के खिलाफ 3,695 करोड़ रुपये के सार्वजनिक क्षेत्र के बैंकों के कंसोर्टियम को कथित तौर पर धोखा देने का आरोप लगाया है।

इससे पहले, ऋण डिफ़ॉल्ट अनुमानित 800 करोड़ + था लेकिन सीबीआई द्वारा दस्तावेजों की जांच से पता चला कि यह राशि बहुत बड़ी है।

कल रात एफआईआर दर्ज करने के बाद, सीबीआई टीम ने कानपुर के कई स्थानों पर छापे मारे और सोमवार को कोठारी, उनके बेटे और पत्नी से पूछताछ की।

सीबीआई का कहना है कि रोटोमैक ने 7 बैंकों के एक कंसोर्टियम को 2 9 1 9 करोड़ रुपए के बैंक ऋण पर बंटवारे से धोखा दिया, ब्याज को छोड़कर सीबीआई का कहना है कि मेसर्स रोटोमाक के लिए बकाया देनदारी के साथ कुल बकाया राशि 3,695 करोड़ रुपये है।

इस मामले में कोई गिरफ्तारी नहीं हुई है, सीबीआई के प्रवक्ता अभिषेक दयाल ने स्पष्ट रूप से कहा। उन्होंने कहा कि कोठारी, उनकी पत्नी और उनके बेटे सीबीआई द्वारा जांच की जा रही है, जो खोजों का आयोजन कर रही है।

अधिकारियों ने कहा कि प्रवर्तन निदेशालय (ईडी) ने कोठारी और उसके परिवार के सदस्यों के खिलाफ 3,695 करोड़ रुपये के कथित बैंक ऋण धोखाधड़ी के संबंध में मनी लॉन्ड्रिंग केस दर्ज किया है।

कल मामला दर्ज की गई सीबीआई की प्राथमिकी का अध्ययन करने के बाद मामले को मनी लॉन्डरिंग रोकथाम अधिनियम (पीएमएलए) के तहत दायर किया गया था।

अधिकारियों ने बताया कि अगर कथित धोखाधड़ी के माध्यम से प्राप्त धनराशि का धक्का दे दिया गया और अगर अपराध की आय का इस्तेमाल आरोपी द्वारा अवैध संपत्ति और काले धन बनाने के लिए किया गया तो ईडी ने जांच की होगी।

रोटॉमैक द्वारा धोखाए गए सात बैंक हैं - बैंक ऑफ इंडिया, बैंक ऑफ बड़ौदा, बैंक ऑफ महाराष्ट्र, इंडियन ओवरसीज बैंक, यूनियन बैंक ऑफ इंडिया, इलाहाबाद बैंक और ओरिएंटल बैंक ऑफ कॉमर्स

यह सनसनीखेज 11,400 करोड़ रुपए की धोखाधड़ी के बाद टूटने वाला दूसरा सबसे बड़ा वित्तीय घोटाला है, जो कि अरबपति ज्वेलरी डिजाइनर निर्वाह मोदी और उसके चाचा मेहुल चोकसी द्वारा कथित तौर पर कथित तौर पर किया गया है, जो गीतांजलि समूह कंपनियों के प्रवर्तक हैं। पंजाब नेशनल बैंक को कथित अपराध की गहराई का एहसास होने से पहले दोनों देश से भाग गए।