1/18
Umesh Sachdev, co-founder of Chennai headquartered Uniphore Software Systems is the only Indian to be selected by the Times magazine to its 2016's list of "10 millennials who are changing the world". Sachdev has been selected for his work on 'building a phone that can understand almost any language'.Sachdev, along with Ravi Saraogi, founded Uniphore Software Systems.
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2/18
The rupee was trading lower by 16 paise at 66.87 against the US dollar in early trade on Friday on higher demand for the American currency from importers and banks. Dealers attributed the rupee's fall to increased demand for the US currency, but dollar's weakness against some currencies overseas made sure the losses do not mount.
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3/18
Pakistan's defence minister on Thursday apologised for his sexist remarks on the floor of the House referring to the opposition Pakistan Tehreek-i-Insaf party's woman chief whip a "tractor trolley", and asking her to "transform her masculine voice into a feminine one". A day earlier, defence minister Khawaja Muhammad Asif had used grossly derogatory language against PTI's Shireen Mazari, known for her hard-hitting criticism of government policies.
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4/18
The Supreme Court on Friday said that sex workers even though not caught or convicted for immoral trafficking could not take the shelter of law to resist their eviction from a brothel. "If notice had to be given (to every occupant of brothel) then the implementation of the provision of the Immoral Traffic (Prevention) Act would be impossible", said the apex court vacation bench comprising Justice Pinaki Chandra Ghose and Justice Amitava Roy as it rejected the plea that sex workers be served notice before being evicted from the brothel. The bench said: "Such an interpretation (of Section 18 of the Act) would be absurd, illogical, unrealistic, impractical and would defeat the purpose of law."
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5/18
Russia's central bank cut its key interest rate by half a percentage point Friday, the first reduction in 10 months after the ruble recovered thanks to a bounce in oil and fading inflation fears. "The Bank of Russia Board of Directors decided to reduce the key rate from 11.00 to 10.50 percent," the bank said in a statement. "The Board of Directors notes the positive trends of more stable inflation, decreased inflation expectations and inflation risks against the backdrop of imminent growth recovery in the economy."
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