Tuesday 20 February 2018

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.

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