In 1908, diamonds brought sudden wealth to Namibia’s desert. By 1956, Kolmanskop had become a ghost town

In 1908, a railway worker clearing sand beside a track in what is now Namibia noticed something unusual: stones that caught the sunlight. His German supervisor, August Stauch, recognised the discovery as diamonds, setting off a rush that would transform one of southern Africa’s harshest landscapes. Within months, prospectors and mining companies were moving into…

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Students accuse Jharkhand govt of withholding Devendra Mahto’s health details

Jharkhand chief minister Raghubar Das on Thursday visited Mahto at the hospital. NEW DELHI: Student leader Devendra Nath Mahto, who is on an indefinite hunger strike over alleged irregularities in Jharkhand recruitment examinations, remains hospitalised at Sadar Hospital in Ranchi, with protesting students alleging that the state government is withholding information about his health to…

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MDR on UPI soon? Parliamentary Panel recommends expeditious introduction on high-value transactions

Earlier this week, Parliament cleared amendments to the Payment and Settlement Systems Act, 2007. A Parliamentary panel has called for the early rollout of a calibrated Merchant Discount Rate (MDR) on high-value digital transactions. According to the panel the framework is essential to make the payments ecosystem financially viable and reduce the government’s subsidy burden.Earlier…

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Quote of the day by Nikola Tesla: “We crave for new sensations but soon become indifferent to them. The wonders of yesterday are…”

Quote of the day by Nikola Tesla (Image: Wikipedia) Every generation grows up surrounded by things that would have seemed genuinely impossible only a few decades earlier. A technology that once amazed an entire population can become so ordinary that people stop noticing it exists at all. Nikola Tesla, the inventor and engineer whose work…

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