MUMBAI: Consumer spending in India's rural areas has plummeted to a four-decade low, a leading business daily reported Friday, bringing more bad news for Prime Minister Narendra Modi as he struggles to revive a stuttering economy. Consumer demand in India's villages fell 8.8 per cent between July 2017 and June 2018 -- the sharpest 12-month drop since 1972-73, the newspaper reported, using unpublished data recorded by India's National Statistical Office (NSO). Two thirds of the 1.3 billion population live in rural areas, making it a key economic driver. But spending on food, education and clothing declined, with demand for essential items such as cereals plunging 20 per cent, the newspaper said. The report should have been released in June, but was pushed back because of its "adverse" findings, the report said citing sources familiar with the matter. A government official told AFP the report was not finished. "The NSO report is still under processing and not validated, and many … [Read more...] about India’s rural demand slumps to four-decade low: Report
"Mission Mangal", "Batla House", "Saaho", "Chhichhore" and "Dream Girl" have helped Bollywood to mint Rs 700 crore just within a month. Since Independence Day on August 15, there have been five films released over four Fridays that turned out to be successes. Akshay Kumar-starrer "Mission Mangal", which saw women power in the form of Vidya Balan, Taapsee Pannu, Nithya Menen and Kirti Kulhari, and John Abraham's "Batla House" released on the Independence Day. "Saaho", which brought back the "Bahubali" star Prabhas on the big screen, hit the theatres in the end of August. "Chhichhore" was to clash with "Saaho" at the box office on August 30, but it was averted. "Chhichhore", starring Sushant Singh Rajput and Shraddha Kapoor, opened well at the multiplexes, managing a domestic business of Rs 7.32 crore on its opening day on September 6. "Dream Girl" arrived a week later. The Ayushmann Khurrana-starrer soon entered the Rs 100 crore club. The collection of Jagan Shakti's "Mission … [Read more...] about With 5 Hits In 1 Month, Bollywood Earns Record Breaking Rs 700 crore!
A malware is sending 30,000 sextortion emails per hour after taking over people’s inboxes and have, till date, sent 27 million such emails to innocent persons with a threat to expose sexual content captured via their webcams for blackmail payments.Global cybersecurity company Check Point on Thursday said after a five-month research project, it exposed Phorpiex (aka Trik) botnet that is using people to unknowingly send 30,000 sextortion emails per hour.“In the 5-month period that we have been monitoring this operation, we recorded transfers of more than 11 BTC to the wallets of Phorpiex sextortion - currently over $110,000,” said the company.The sheer speed and volume of emails being generated is staggering, it added.“The idea behind sextortion is simple - an email demands blackmail payment threatening to expose sexual content relating to the recipient if not obeyed. Many of us received such emails or know others that have,” … [Read more...] about Malware sending 30,000 ‘sextortion’ emails per hour: Checkpoint report
Video PlayerClose HOUSTON, Nov. 29 (Xinhua) -- The proved reserves of crude oil in the United States increased 19.5 percent, or 6.4 billion barrels, to 39.2 billion barrels at year-end 2017, setting a new record high, according to the U.S. Energy Information Administration (EIA) on Thursday. The proved reserves of lease condensate in the United States increased 16 percent, or 0.4 billion barrels, to 2.8 billion barrels at year-end 2017. The previous record of proved crude oil reserves was 39.0 billion barrels set in 1970. Since 2009, to provide a clearer picture of U.S. liquid fuel resources, EIA features combined proved reserves of U.S. crude oil and lease condensate in its reporting. Producers in Texas added 3.3 billion barrels of crude oil and lease condensate proved reserves, the largest net increase of all states in 2017, followed by producers in New Mexico with 1.0 billion barrels and in the Federal Offshore Gulf of Mexico with 729 million barrels. The proved reserves of … [Read more...] about U.S. proved reserves of crude oil, natural gas hit record levels
With his personal life dragged through the media one too many times, Karl Stefanovic was given the axe from the Today show, which he had anchored for 14 years. Back in December, when he married his shoe designer girlfriend Jasmine Yarbrough in a wildly lavish ceremony in Mexico which became the subject of intense ridicule, it seemed Stefanovic would never return to the highs of his morning television heydays. But the 44-year-old appears to have managed the beginnings of a total rebrand after attending the Logies last Sunday in high spirits, despite being the butt of all the jokes. Sitting on the Nine Network’s main table in prime position at the awards at The Star Gold Coast, Stefanovic has managed to come a long way in a short amount of time. Veteran entertainment reporter Andrew Hornery, who writes for the Sydney Morning Herald, claimed his “resurrection” was nothing short of “a miracle”. RELATED: Today show’s shocking new ratings low RELATED: … [Read more...] about Karl Stefanovic’s Logies appearance just the beginning of his resurrection