The ban on south Indian bull sport ‘Jallikattu’ has been lifted ahead of Assembly elections in Tamilnadu state. Jallikattu has been in practice in Tamilnadu for thousands of years and is being held during Sankranti festival season in January. Majority of Tamil people and politicians are thanking Narendra Modi-led NDA government for lifting the ban on Jallikattu, while animal welfare activists are opposing it.
People
Millennials prefer rented accommodation in London
Rents in London were up over eight percent, while overall national average was 4.8 percent in 2015. Majority of millennials prefer rented accommodation rather than buying a house or flat. Millennials are not bothered about maintenance works and other mortgage tension these days. The Generation Rent also considers buying a property is very expensive.
2016 may be tough for UK manufacturers as confidence eases
The weakening business confidence coupled with global economic challenges is impacting the UK manufacturing sector in more negative way. Despite odds forecast for 2016, majority of manufacturing firms in the UK are going ahead with their investment plan for technology and innovation. About 44 percent of UK companies participated in a survey expressed their concerns about challenging 2016 year.
Will Overvalued US Real Estate Burst Anytime?
Economists express concerns over the repetition of property bubble in the US market as it's overvalued. Analysts estimate that the real estate is overvalued in the range of 25 percent to 60 percent considering the average price and average income in a particular area. However, the US property market is attracting more foreign investment and it's forecast to be higher than in 2015.
Morgan Stanley Sketches Kroger As Potential Threat To Amazon, Walmart
Morgan Stanley, the America based Global financial services firm has described Cincinnati based Kroger as a potential business competitor to Amazon, Walmart followed by a study. The new ecommerce platform has got momentum and enormous popularity due its unique offerings. However, another study has depicted Kroger as a threat to Publix, still remaining away from Amazon or Walmart.
Latest News
Office of Management and Budget director, Shaun Donovan, tweeted Thursday that President Barack Obama’s fiscal 2017 budget request will be rolled out on February 9.
Tesla S has got a new update of beta version software 7.1 named 'Summon', featuring to work with a distance of 39 feet without having a driver inside. In line with the existing Federal law, the autopilot is only allowed in private lands. However, the only reported shortcoming regarding inability to park autonomously is believed to eradicate with further developments in the near future.
IRS has fined some 8 million people and 1.4 million households are forecast to fall prey of fines due to ignorance on new healthcare law. Commonly criticized as the Obama Care Law, the new law instructs all Americans to go through insurance net. But mainly due to ignorance about mandatory submission of tax returns and moreover legally remain exempted from tax net, have fall victim to count fine for $210 each.
Taxpayers who would file their tax return beginning January 19 will have to wait until March 1 to get their tax refund due to the tighter security the IRS will implement to prevent tax frauds.
In the recent update of South China Sea dispute, incident of Chinese coastguard attacking Vietnamese fishermen occurred even more. The fishermen were beaten and their equipments were broken. Chinese coastguard also damaged the ship.
An Etsy shop makes it possible to put one’s face on his or her Lego mini figure. For $30, a new technology lets Lego fans, who have long dreamed of seeing their own faces on Lego mini figures, get their 3D faces printed and pasted on Lego refrigerator magnets or cake toppers, or more.
The 125-year-old bottle of Alexander Keith's found at the bottom of the Halifax Harbour last year is confirmed by scientists as drinkable beer.
Lily Robotics’ self-flying camera drone sale has earned $34 million in pre-orders, announced its CEO at the CES 2016.
Oculus VR founder Palmer Luckery said he is sorry for misleading consumers into believing that the Oculus Rift only costs $350, when it is really priced at almost $600.
