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- Aadhaar safety: Trai chief throws challenge, French expert 'leaks' his data
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- An antique violin worth $250,000 million was pawned for $50 in the US state of Massachusetts, the authorities said.
- Evacuation begins as Yamuna level rises in Delhi (Fourth Lead)
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- Mumbai: Actress Adah Sharma seen at Mumbais Khar on July 19, 2018.(Photo: IANS)
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- Tehri: Disaster response personnel rescues an accident victim when a state-run bus fell into a deep gorge around 15 km from Chamba town in Tehri district on July 19, 2018. (Photo:IANS)
- New Delhi: Indias youngest woman Mount Everest climber Shivangi Pathak during a felicitation programme hosted by Akhil Bharatiya Vidyarthi Parishad (ABVP) and Delhi University Students Union (DUSU), in New Delhi, on July 19, 2018. (Photo: IANS)
- Midnapore: West Bengal Chief Minister Mamata Banerjee visits the victims who was injured during BJP rally, in Midnapore, on July 19, 2018. (Photo: IANS)
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- Bengaluru: Players in action during hockey test series between India and New Zealand at the Sports Authority of India in Bengaluru on July 19, 2018. (Photo: IANS)
- Beijing: Portuguese football player Cristiano Ronaldo gestures as he attends a promotional event in Beijing, capital of China, on July 19, 2018. (Xinhua/Cao Can/IANS)
- Kolkata: Actress Paoli Dam during a programme in Kolkata on July 19, 2018.(Photo: IANS)
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Meet India's 'best bank': The Indian Bank Early last year, officials from a Mumbai-headquartered conglomerate, weighed down by its massive debt, sent a top finance executive to Chennai, to work out a big-ticket loan from Indian Bank. The bank weighed the proposal of the highly leveraged company, and said a straight no. The clout of the groupâs high-profile promoter did not faze the bank officials.This unrelenting clarity in its approach to lending is one of the factors that has scripted an unlikely turnaround for Indian Bank, the 111-year-old Chennaiheadquartered institution. Just two decades ago, it was mired in a corruption scandal and needed a government bailout to survive. Its then MD was jailed. Now, the story has dramatically reversed. Itâs one of the only two nationalised banks, out of a cohort of 19, which made a profit last fiscal year. It has the lowest non-performing assets (NPAs) in the industry at a time when spiralling NPAs have become a threat to many banks. Its exposure to sectors prone to scandal or business failure, such as gems and jewellery or power, is very low. What is driving the midcap mayhem? The area around Sussex Industrial Estate in Mumbaiâs Byculla is a maze. While it is close to four suburban railway stations and Gloria Church is a local landmark, finding an address in the lanes of this area can be a nightmare for both pedestrians and GPS-armed taxis.However, stockbroker and investor Chirag Parekh prefers to base his office in this area instead of the upscale financial hubs of Mumbai. There is little traffic and ample parking space, says the director of Prarambh Securities, who had waded into securities trading because he thought brokers could work shorter hours. The brokerage that rubs shoulders with small industrial units has a proprietary book (using the organisationâs own capital) that boast of a daily turnover of Rs 400 crore.It is clear he is comfortable navigating through a maze â" be it the lanes of Byculla or the equity market. It is perhaps this trait that makes him see an opportunity to invest more in a market that is in an unusual phase â" midcap and smallcap indices are plunging, while the benchmark indices have closed at their all-time highs. Though Parekh is not worried sick, thanks to the comfort of his proprietary book, he now asks clients to invest in mutual funds, which have access to better research, seen as the key to crack this puzzle. But not all investors have a capital cushion. TRAI chief trolled after sharing Aadhaar number on Twitter An all-out war erupted on Twitter after TRAI chairman R S Sharma today disclosed his Aadhaar number on the microblogging site and challenged everyone to show how mere knowledge of the unique number could be used to harm him, triggering a deluge of tweets that claimed to disclose his personal details from PAN to mobile number.The challenge by Sharma evoked an immediate response from the Twitterati, with some users claiming to have dug up his mobile number, photographs, residential address, date of birth and even chat threads using the information, while others warned him about the perils of throwing such a dare on the social media platform.While much of the information that was dug out may already be in the public domain, the Telecom Regulatory Authority of India (TRAI) official did not verify whether the details pertaining to his PAN were indeed correct.When contacted by PTI earlier in the evening, Sharma declined to make any detailed comment on the matter by saying, "Let the challenge run for some time".Giving out his full Aadhaar number, the TRAI chairman had tweeted: "Now I give this challenge to you: Show me one concrete example where you can do any harm to me!"The challenge by Sharma has got over 2,850 retweets, and 3,364 likes, and the numbers continued to climb well into the night.Sharma himself continued to engage in the verbal duel with the Twitterati till late hours, dismissing much information being revealed as 'public information' and seeking to debunk the theory that "Aadhaar compromises the privacy of the person"."...Yeh details koi state scret nahin hain (These details are no state secret)...," retorted Sharma at one point, even chiding one of the users for disclosing an address that was old and asking if he (the user) would like to have his latest address.A French security expert who goes under the pseudonym Elliot Alderson, (@fs0c131y) wrote, "People managed to get your personal address, dob (date of birth) and your alternate phone number. I stop here, I hope you will understand why make your #Aadhaar number public is not a good idea."While many on Twitter claimed victory over 'leaking' Sharma's personal details post the challenge, the TRAI chief asserted through multiple tweets and replies that the challenge had never been about phone numbers and other information, but for causing harm using knowledge of his Aadhaar number."No I did not challenge them for phone number and other info. I challenged them for causing me harm! So far no success. Wish them luck," Sharma wrote on Twitter.The high drama played out on the microblogging platform just a day after Justice Srikrishna committee came out with its report on data protection where it mooted changes in the Aadhaar Act and proposed new safeguards to protect information of Aadhaar holders.Sharma, former UIDAI (Unique Identification Authority of India) director general, has been an ardent supporter of the Aadhaar program, vouching for the safety of the system, and dispelling privacy concerns surrounding Aadhaar even during his current tenure as TRAI Chief."Data privacy is a big and very important issue in a digital world. I am one of the most vociferous supporter of that. However, the only thing I am saying is that Aadhaar does not violate privacy," Sharma tweeted today.Meanwhile, Justice Srikrishna panel on data protection has recommended that the Aadhaar Act be amended "significantly" to bolster privacy safeguards, and mooted that only public authorities discharging public functions approved by the UIDAI or entities mandated by law be given the right to request for identity authentication.The report, submitted yesterday, assumes significance given that public and private sectors are collecting and using personal data on an unprecedented scale and for various purposes, and instances of unregulated and arbitrary use, especially that of personal data, have raised concerns about privacy and autonomy of an individual.Over the last one year, there have also been reports of personal information being allegedly compromised with increasing use of biometric identifier Aadhaar in an array of services. Meanwhile, the Supreme Court has reserved its judgement on a clutch of petitions challenging the constitutional validity of the Aadhaar Act. How your selfie obsession has created a Rs 100 crore market in India "Yet another girly app,â Panduranga MB, 26, told himself as he tried Meituâs photo-editing app, BeautyPlus. He had just taken a selfie on his mobile phone and the facial recognition tech in the app allowed him to change the sharpness of his nose, the shade of his skin, size of his eyes and remove scars â" basically anything to beautify his picture. A few minutes later, he was hooked on to an app he hadnât even heard of 24 hours ago. The graphic designer from Bengaluru had downloaded the app after Meitu Inc offered him a job. All he knew about the company was that it was a Chinese developer with a stable of artificial intelligence-led beauty apps. The appâs features reminded him of Photoshop, a graphics editor from Adobe widely used by professionals like him. This was Photoshop for dummies. He knew a thing or two about peopleâs obsession with sharing their photos on social networks â" 95 million photos are posted on Instagram every day, and 100,000 are uploaded on Facebook every minute. Several surveys have suggested over 50% of users edit their photos before posting these online. âUsers need these apps.â He did the math and joined the company. - Indonesia earthquake: 10 killed, 40 injured in tourist island near Bali
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Sunday, July 29, 2018
Latest News Headlines Sun Jul 29 09:56:24 IST 2018
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