Amid Doklam standoff, India-China trade war looms: Chinese media

The article said that China ‘could easily retaliate’ with restrictions on Indian products

A trade war seems to be looming between India and China after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, two state media reports here said on.

An article in The Global Times, part of the ruling Communist Party’s publication group, urged Chinese firms to “reconsider the risks” of investing in India and warned New Delhi to be “prepared for the possible consequences for its ill-considered action.”

The article said that China “could easily retaliate” with restrictions on Indian products, but added that it “doesn’t make much economic sense” for the country.

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It cited figures from the Indian embassy in China to show that Indian exports fell by 12.3 per cent year-on-year to $11.75 billion while India’s imports from China rose by 2 per cent to $59 billion, resulting in a trade deficit of $47 billion.

According to the Indian Commerce Ministry, the trade deficit with China last year mounted to over $52 billion when the bilateral trade stood at $70 billion.

“A trade war between China and India seems to be looming after the latter moved last Wednesday to impose anti-dumping duties on 93 products from China,” the report said.

“If India really starts a trade war with China, of course China’s economic interests will be hurt, but there will also be consequences for India,” it said.

The report on trade comes as India and China have been locked in a tense military standoff in Doklam in the Sikkim sector. Read more

Malware stored in synthetic DNA can take over PC: Study

Discovery of a new hacking method reverberates as DNA data storage becomes more widespread

University of Washington researchers figured out a way to use biology to infect computers with malicious code.

In their experiments, the researchers stored malware in synthetic DNA and demonstrated how that code can compromise a computer analyzing the DNA after it has been run through a gene-sequencing machine.

The danger of such an attack is still years away, the researchers said, adding they haven’t seen evidence of hackers attempting this sort of breach. The experiments highlight a new type of threat that could allow sophisticated coders to gain control of computer systems if precautions aren’t taken.

“This is something [the genomics industry] and the U.S. government should be concerned about,” said Tadayoshi Kohno, a computer-science professor at the university and a member of the research team.

The team will present the results of its experiments, conducted in late 2016 and 2017, at a security symposium in Vancouver, British Columbia, Canada, on Aug. 17.

The hack makes use of technology in which digital bits of data are converted into synthetic DNA. Researchers believe DNA data storage could prove far more durable than stashing information on hard disks and flash drives, which last just a few years and can crash without warning. The nascent technology converts the 1s and 0s of computing’s binary code into A, C, G and T, the letters that correspond to DNA base types, adenine, cytosine, guanine and thymine. Read more

Details: NMAT by GMAC for Academic Session 2018-20

Candidates can self-schedule their test date and time as per their convenience in these 75 days.

NMAT by GMAC for the academic session 2018-20 will be conducted in the window period of 05th October to 18th December 2017. Candidates can self-schedule their test date and time as per their convenience in these 75 days. NMAT by GMAC is a national level MBA entrance examination held every year by Graduate Management Admission Council (GMAC). This entrance examination is used by more than 23 universities, institutes and B-schools for admission in to their various management programs. The application process has started on 04th July 2017 and the last date for completing the application process is 03rd October 2017. Once registered, applicants can schedule their examination and appear for the same at a designated centre in one of 44 Indian cities and 4 international ones (Kathmandu, Thimphu, Dhaka and Colombo). After registration, the last date for scheduling NMAT is October 16th 2017. To apply for NMAT by GMAC applicants should have completed Fulltime Graduation in any discipline with 50% marks. Student in their final year may also apply.

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Some prominent universities, institutes and B-schools that accept and use NMAT by GMAC test scores for admission purposes are: SVKM’s Narsee Monjee Institute of Management Studies, Xavier University, MISB Bocconi, ICFAI Business School (IBS), Hyderabad and other locations, Alliance University, Amity University, Thapar School of Management, SRM University Chennai, Delhi NCR Sonipat, Shiv Nadar University, University of Petroleum & Energy Studies (UPES), Woxsen School of Business Management, BML Munjal University, VIT University, ITM Business School, Navi Mumbai, Mody University, GITAM School of International Business, Visakhapatnam and Hyderabad Business School, GITAM University

NMAT by GMAC- Important Dates

About NMAT by GMAC

NMAT by GMAC is a computer based examination. Once registered, the examination can be scheduled and taken thrice by the candidate in the given admission cycle or window period. The best score out of the three attempts will be considered as the final score. Read more

From missiles to tomatoes: Israel’s importance for India and Modi explained

India and Israel have had clandestine defence ties since the 1962 Indo-China war

Defence, agriculture, trade, diplomacy and water management will dominate talks when Prime Minister Narendra Modi visits Israel from July 4-6 at the invitation of Israeli Prime Minister Benjamin Netanyahu, the first Indian Prime Minister to visit the Jewish homeland.

Modi is also expected to meet Moshe Holtzberg, a survivor of the 2008 Mumbai 26/11 terrorist attack. Moshe was two years old when the attack happened.

“Ahead of the visit, both countries have prepared a roadmap of joint economic undertakings,” The Haaretz reported on June 29, 2017. “The Israeli cabinet approved a 23-page document continuing scores of bilateral measures and a budget of 280 million shekels (about $79.6 million or Rs 514 crore)–a bigger sum than Israel has ever set aside for China, Africa and Latin America combined. No fewer than 11 ministries were involved in preparing the program.”

Also Read : India-Israel relationship is plateauing. Can PM Modi’s visit change this?

Here are five things that define the India-Israel relationship today:

1) Defence: India is Israel’s top destination for arms exports, buying 41% of Israel’s arms export between 2012 and 2016, according to the Stockholm International Peace Research Institute, an independent global conflict and arms-research institute.

Israel is India’s third-largest source of arms, with a 7.2% share of imports between 2012 and 2016, next to the USA (14%) and Russia (68%).(more)

Sony Xperia XZ Premium with 4K screen launched in India at Rs 59,990

On pre-booking from June 2 to June 11, you get Rs 8,990 SRS-XB20 Wireless Bluetooth Speaker for free

Sony India has launched in the country its flagship smartphone, the Xperia XZ Premium, at Rs 59,990. The smartphone, the first to feature a whopping 4K display and a powerful 19-megapixel camera capable of recording incredible slow motion videos, had been unveiled during the Mobile World Congress (MWC) 2017.

In terms of specifications, the Sony Xperia XZ Premium offers top of the line innards. The smartphone sports a 5.5-inch high dynamic range (HDR)-ready display, with 4K (2160 x 3840) resolution and covered with Gorilla Glass 5 for protection from scratches and accidental drops. Powering the device is Qualcomm latest Snapdragon 835 processor that features Snapdragon X16 LTE modem, which supports a speed of up to 1 Gbps, and Adreno 540 graphic processing unit (GPU) for smoother graphics.

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The major attraction of the device is its 19-megapixel rear camera, capable of recording slow-motion video in 960 frames per second (FPS). There are multitudes of extra camera features for photography enthusiasts and professionals which make the Xperia XZ Premium a heavy-weight in its league.

The Xperia XZ Premium boots Android Nougat v7.1 out of the box and features 4 GB of RAM, besides 64 GB of built-in storage expandable via microSD card. The phone is fitted with a 3,230 mAh battery that supports Quick Charge 3.0 and an adaptive charging layer on top for quicker battery refill. The Xperia XZ Premium is IP65/68-certified, so it can withstand water and dust abuse with ease.

Pre-booking of the Sony Xperia XZ Premium will open from June 2 and go on till June 11. Sony is offering a SRS-XB20 Wireless Bluetooth Speaker, worth Rs 8,990, for those pre-booking the smartphone during the offer period. The smartphone will go on sale at all Sony Center, select retail outlets and Online exclusively on Amazon.com.

Now, you can link your Aadhaar with PAN through an SMS

Said linking the two numbers is key to ‘seamlessly avail online, a world of income tax facilities’

The Income Tax Department on Wednesday urged taxpayers to link their Aadhaar with their PAN, using an SMS-based facility.

The department issued advertisements in leading national dailies and described how both the unique identity numbers of an individual can be linked by sending an SMS to either 567678 or 56161.

It said people can also visit the official e-filing website of the department to link the two identities, in both the cases– identical names in the two databases or in case where there is a minor mismatch.

It said linking the two numbers is the key to “seamlessly avail online, a world of income tax facilities.”

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“Aadhaar can also be seeded into PAN database by quoting Aadhaar in PAN application form for new PAN allotment or by quoting Aadhaar in change request form used for reprint of PAN card,” it said in the advertisement.

The Income-Tax-department had early this month launched a new e-facility to link a person’s Aadhaar with the Permanent Account Number(PAN), a mandatory procedure for filing I-T returns now.

The department’s e-filing website has hosted a new link on its homepage to link the two unique identities.

The link requires a person to punch in his PAN number, Aadhaar number and the exact name as given in the Aadhaar card. Read More

Xiaomi Redmi 4 sale begins on Amazon: All you need to know about the device

The Redmi 4 is a capable smartphone with a perfect screen size and resolution. Watch hands-on review

Xiaomi’s latest budget offering, the Xiaomi Redmi 4, went on sale at 12 noon on Tuesday, exclusively on Amazon India. In the first flash sale that had taken place on May 23, the smartphone had seen a huge interest from buyers and registered a record sales number of a whopping 250,000 units within the first eight minutes.

According to Amazon. in, the Xiaomi Redmi 4 had recorded more than 10 million hits per minute on the site, after having received some 2.3 million ‘notify me’ alerts from customers since the launch announcement on May 16.

The dual-sim budget smartphone with VoLTE capabilities is the latest offering from Xiaomi and offers an all-round performance. The Xiaomi Redmi 4 smartphone is available in three storage and RAM options – 16GB/2GB, 32GB/3GB and 64GB/4GB — which makes it a perfect smartphone option for people moving from feature phones to smartphones or those preferring budget smartphones with ample storage and RAM.

The base model of the device, with 16 GB of storage and 2 GB of RAM, is priced at Rs 6,999.

Business Standard reviewed the device to check how it matched against its tall claims. Here is a detailed review of the device:

The made-in-India Redmi 4 smartphone is the latest addition to Xiaomi’s entry-level Redmi series and succeeds the popular Xiaomi Redmi 3S and 3S Prime, the smartphone that has recorded the highest ever online sales numbers in India – 4 million units in just nine months – according to the company. Read more