Infovisioin-2011: Max Rasquinha inaugurates IT and Bioinformatics exhibition at AIMIT

September 15, 2011

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Mangalore, September 16: The inaugural of the Infovision-2011, the IT and Bioinformatics Exhibition organised by the IT and Bioinfo faculty of AIMIT, St Aloysius College (Autonomous), Beeri, Kotekar, near hear was held on Thursday morning.

Max Rasquinha, Founder, IIPP and Internal Orientation Centre, Mangalore, hailing from Houston, TX was the Chief Guest and Rev Fr Joseph Rodrigues SJ, Rector, Aloysian Institutions presided over the function.

Mr Rasquinha honoured Fr Denzil Lobo SJ, Director, AIMIT with a citation and gifts for the meritorious work he has been doing to set up a world class Management & IT School in Mangalore. He lauded the efforts of Jesuit Fathers in the field of education.

He reminisced his own school days at St Aloysius, and how he, at a very young age left Mangalore seeking employment in the Middle Eastern countries. Sheer hard work and perseverance has helped him to achieve all that he has in his life. “Be highly motivated and be a lifelong learner”, he told the august gathering of students and participants. “India has very good human resource and we would be supplying leaders to the whole world in the next twenty years”, he said indicating the presence of highly talented young people in our country.

He also said that some years back it was the opinion that our highly trained young people left the country. It is not so. They are interested in the growth of India and their presence abroad is bringing a large amount of foreign exchange to the Country. He encouraged the students gathered to work hard and involve themselves in creative activities.

Fr Denzil Lobo SJ, Director, AIMIT in his introductory speech welcomed the Chief Guest and the dignitaries. He said, “If the AIMIT campus look beautiful, it is due to the contribution by Mr Rasquinha of priceless paintings and artifacts which adorn the walls of the building.” He thanked Mr Max Rasquinha for taking a lot of interest in the growth of AIMIT CAMPUS and for his generosity.

Quoting how a University like Ransslaer in New York could produce so many distinguished engineers, scientists, executives and so on, he asked why our Institutions in India which churn out so many graduates every year cannot produce world class innovators.

Fr Lobo remarked that though we have excellent and bright young people in our country, our educational system really needs a thorough overhaul. Our system puts more stress on memorizing rather than creativity and innovation.

He opined that we should establish world class Institutions in India which are on par with some of the Universities in US and Europe. It is possible provided there is more freedom given by the Government and Universities. He said participating in the event like Infovision helps students to do some original work and come out with bright ideas, and implement those ideas for the benefit of mankind. He thanked the AIMIT TEAM headed by Prof Santhosh Rebello and the faculty members and students for organizing this event.

Rev Fr Joseph Rodrigues Sj, Rector, Aloysian Institutions, spoke on the advances made in Biotech field and that the next generation of students will have all the opportunities in life. He said, though there has been a little slump due to recession, there will always be a bright future to our talented young people. He congratulated the students wished success to Infovision.

Mr Rasquniha was felicitated by Fr Rector with a shawl and Mysore peta. Mrs Deborah Vijay, Faculty coordinator of INFOVISION welcomed the gathering and Mr Ruban proposed the vote of thanks.

The formal function was followed by the inaugural of the exhibition and a large gathering of students from around have been visiting the exhibition. IT will be open till tomorrow evening.

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coastaldigest.com news network
February 20,2020

Bengaluru, Feb 20: Leaving the organisers of an event to protest against the CAA, NRC and NRP here red-faced, a young woman on Thursday reportedly raised "Pakistan Zindabad" slogan in the presence of AIMIM chief Asaduddin Owaisi, who denounced her action and asserted "we are for India".

The woman, identified as Amulya, allegedly asked people to shout with her "Pakistan Zindabad" after the organisers of the event under the banner of "Save Constitution" invited her to address the gathering soon after Owaisi came on the stage.

Soon Owaisi rushed to snatch the mike from her hands and was joined by others who tried to remove her from the state.

But the woman was adamant and raised the slogan again repeatedly. Later, the police stepped in and removed her from the dais.

Owaisi then addressed the gathering, saying he did not agree with the woman.

"Neither me nor my party has any link with her. We denounce her. The organisers should not have invited her here. If I knew this, I would not have come here. We are for India and we no way support our enemy nation Pakistan. Our entire drive is to save India," the AIMIM MP said.

JD(S) corporator Imran Pasha claimed she was planted by some rival group to disrupt the event.

The woman, he said, was not in the list of speakers and demanded that the police investigate the matter seriously.

Sources say Amulya hails from Chikkamagaluru and her parents have always been in the forefront of taking on government and its policies for well over a decade. 

As per local TV reports, the student was taken to Upparpet police station, but later shifted to an undisclosed destination for more questioning.

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News Network
March 20,2020

Thiruvananthapuram, Mar 20: One more person tested positive for coronavirus on Thursday, taking the total number of cases to 25, as the Left government announced a Rs 20,000 crore financial package to tide over the present crisis being faced by the southern state in the wake of the virus outbreak.

The multi-crore special package includes Rs 500 crore health package, Rs 2,000 crore loans and free ration.

The man who tested positive had returned from Dubai and hailed from the northern Kasaragod district, Chief Minister Pinarayi Vijayan told reporters after a COVID-19 review meeting.

He said 65 people were hospitalised on Thursday.

"At least 31,173 people are under surveillance, of whom 237 are in observation in hospitals across the state" he said.

Detailing the financial package, Vijayan said loans worth Rs 2,000 crore would be made available to needy families through all-women network 'Kudumbashree' during April-May.

Rural employment guarantee programmes worth Rs 1,000 crore each will be implemented in April-May, he said.

Social security pension of Rs 1,320 crore, to be given in April, would be distributed this month, he said, adding that 50 lakh people are benefited through the pension scheme.

Those belonging to the below poverty line (BPL) and Anthyodaya, who are not receiving social security pension, would be given Rs 1,000 each, for which Rs 100 crore would be earmarked.

Cutting across APL and BPL families, 10 kg free ration would be given and Rs 100 crore would be set apart for the purpose, he said.

A string of 1,000 low-cost hotels, providing food at Rs 20, would be opened across the state next month, the chief minister added.

The 'fitness' charges of autorickshaws and taxis and one month tax of stage and contract carriages would be waived, Vijayan said.

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Agencies
June 26,2020

New Delhi, Jun 26: With looming uncertainty and no likelihood of an early economic recovery in sight, the bull run in gold prices is here to stay. Analysts expect domestic futures to touch ₹ 52,000 per 10 grams in the next few months, till Diwali.

Experts also predict that with the current trend, gold may reach historic levels around ₹ 65,000 per 10 grams in two years time.

Futures of the yellow metal have touched new highs in India off late. On Wednesday, the August contract of gold futures on the Multi-Commodity Exchange (MCX) touched an all-time high of Rs 48,589 per 10 grams.

It has, however corrected since and is currently trading at ₹ 48,057 on the MCX, higher by ₹ 116 or 0.24 per cent from its previous close.

Market experts are of the view that both domestic and international gold prices are yet not done breaching records and will touch new highs in days to come.

The resurgence in the number of new cases of coronavirus infection across the globe has added to the uncertainty and fears.

Speaking to media persons, Anuj Gupta, DVP for Commodities and Currencies Research at Angel Broking, noted: "In short term we are expecting it to reach ₹ 48,800-49,000 and for long term, we are expecting ₹ 51,000-Rs 52,000 till Diwali."

On the prices in the international market, he said that it may reach around $1,790 per ounce in the near term from the current levels of $1,762 and the long term, it is likely to be around $1,820-1,850 per ounce.

Gupta noted that with International Monetary Fund's (IMF) latest downward revision of economic outlook, both global and of India, and the rising number of cases and high demand by gold exchange traded funds (ETF) have led to this record breaking rise in gold prices.

Covid-19 battered India's economy is projected to contract by 4.5 per cent this fiscal, according to the IMF and the global output is projected to decline by 4.9 per cent in 2020, 1.9 percentage points below the IMF's April forecast.

Hareesh V, Head of Commodity Research at Geojit Financial Services, said that gold's safe haven appeal will remain on the higher side as there is little hope of a quick global economic recovery amid rising virus cases across the world.

"Increased geopolitical instability and an under-performing dollar also lift the metal's sentiments," he added.

According to Prathamesh Mallya, AVP Research, Non-Agro Commodities & Currencies at Angel Broking, said that with the global output to contract and the economies in a deeper recession than most anticipate, gold as an asset class is a safe bet for investors across the globe.

"Although, the physical demand has declined drastically due to the restrictions and lockdowns, the activity of global central banks and their net purchases of gold signal that uncertainty will continue for most of 2020," he said.

He was also of the view that in the international market price of the metal may move towards $1,850 per ounce and in the domestic market it is likely to move higher towards Rs 50,000 per 10 grams.

"The investment demand as seen in the net additions of ETF holdings also signals that gold will shine for a much longer time even if the pandemic is under control. Till then, keep buying gold, if not in physical form, but in digital form," Mallya added.

Industry insiders like Aditya Pethe, Director, WHP Jewellers said: "I basically feel that the current trend for the gold is bullish and for the coming next 2 years, it is likely to move upwards. No one can predict the exact price as currently the trend is on rise but it might change after 6 months. In general for the coming 6 months to one year, the gold prices are likely to cross $2,000 which comes to roughly Rs 55,000. For a temporary moment it may reduce, basically fluctuate as well but overall trend of gold is going to be bullish."

On his part, Ishu Datwani, Founder, Anmol Jewellers said: "Yes - it's very likely that the gold price could easily go up to Rs 60,000-Rs 65,000 in the next two years. There is also a possibility of it going up even more."

"A lot of banks have been buying gold and there is also a possibility that the Indian rupee will depreciate against the dollar. This and geopolitical reasons will cause bullishness in gold."

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