Indian-origin TV star crowned 'Child Genius' in UK

Agencies
August 20, 2017

London, Aug 20: A 12-year-old Indian-origin boy, believed to be having an IQ higher than Albert Einstein and Stephen Hawking, has been crowned as the UK's 'Child Genius' in a popular television quiz competition.

Rahul Doshi, who a few days a back became an overnight sensation after answering all questions correctly in some of the earlier rounds, won the Channel 4 show 'Child Genius' by beating his nine-year-old opponent Ronan 10-4 in the programme's finale last night.

The schoolboy from north London clinched the title by answering a question on 19th Century artists William Holman Hunt and John Everett Millais.

"It didn't sink in straight away, but it was really nice," Rahul said after winning the title.

In the final, Rahul impressed with knowledge of his chosen subject - Edward Jenner's medical innovation and methodology in 18th Century England.

"I was bursting with pride," said his father Minesh, an IT manager who had entered his son into the competition.

The final followed an intense competition – aired through the week – which saw the candidates showing off their maths, English, spelling and history skills as well as memory powers.

Rahul had been one of the favourites throughout, after scoring very highly in previous rounds – and even bagging a full house in the very first round of the series.

Hehad captured the imagination of audiences during the competition after he correctly memorised the order of a pack of cards.

Rahul, whose ambition is to become a financial adviser, had revealed his strategy for the final as: "The key is to block out everything else and remain calm. So just focus on your goal. Mine was to answer as many questions as I could correctly and that helped me stay calm and do quite well in the early stages."

Rahul has an IQ of 162, which is believed to be higher than the likes of Albert Einstein and Stephen Hawking, and qualifies him to be a member of Mensa club - the largest and oldest high IQ society in the world.

He was cheered on by father Minesh and pharmacist mother Komal during the show.

His father attracted some social media fury for laughing at a wrong answer given by his son's closest rival, Ronan, in a tense finale.

"#ChildGenius an adult laughing at a children getting a question wrong shocking behaviour. Shame on you Rahul's father," read one of the comments on Twitter.

But Minesh Doshi had been very vocal about his competitive side throughout the competition.

He had previously said: "We are here to win. There's no two ways about that."

Twenty contestants aged eight to 12 were whittled down to one winner over the course of a week as part of the 'Child Genius' 2017 series.

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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Agencies
June 9,2020

Soon, you may be able to withdraw cash from an ATM without touching any part of the machine. AGS Transact Technologies, a provider of cash and digital payment solutions and automation technology, on Monday said it has successfully developed and tested a touchless ATM solution in light of the COVID-19 pandemic.

The ‘contactless' solution, currently under demo at interested banks, enables a customer to perform all the steps required to withdraw cash from an ATM using the mobile app itself. 

The customer simply has to scan the QR code displayed on the ATM screen and follow the directions on their respective bank's mobile application. 

This includes entering the amount and mPIN required to dispense the cash from the ATM machine. 

According to the company, the QR code feature makes cash withdrawals quicker and more secure, and negates the chances of compromising the ATM Pin or card skimming.

"The new Touchless ATM solution is an extension of the flagship QR Cash solution which ensures safety of the users and will provide a seamless cash withdrawal experience with enhanced security," said Ravi B. Goyal, Chairman and MD, AGS Transact Technologies Ltd.

With minimum investment, the banks can enable this solution for their ATM networks by upgrading the existing software.

AGSTTL has so far installed, maintained and managed a network of over 72,000 ATMs across the country and also provides customised solutions to leading banks. 

The company earlier introduced UPI-QR based Cash withdrawal solution in partnership with Bank of India. 

This is how the solution works.

Open the Bank mobile application on your smartphone and select QR Cash Withdrawal. Enter the amount you wish to withdraw on the mobile app and scan the QR code on the ATM screen.

Next, confirm the amount by clicking on ‘proceed' in the app and enter the mPin to authenticate the transaction. Now collect the cash and receipt and you are done.

"The seamless, cardless and touchless withdrawal method is designed to provide easy transaction flow, without the need to touch the ATM screen or enter the pin," said Mahesh Patel, President and Group Chief Technology Officer, AGS Transact Technologies.

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