By September 8, 2014 1 Comments Read More →

World Last Week: 1 Sept’14 – 7 Sept’14


  • 1000s Marooned in Srinagar, 160 Dead in Worst Floods in 60 Years

More than 160 people have died and thousands are stranded in Jammu and Kashmir, devastated by its worst floods in 60 years.

  • PM Modi offers Rs. 1,000 crore relief

Rs 1,000 crore package announced for the flood-hit state was besides a Rs 2 lacs compensation from the PM Relief Fund for the relative of each dead and Rs 50,000 each for the seriously injured.

  • Xiaomi sells 40,000 Redmi 1S units in 4.2 seconds

Xiaomi Tuesday sold within a few seconds all of its units of the entry-level Redmi 1S smartphone which were offered through a flash sale on Flipkart.

  • Fare wars: SpiceJet announces tickets for Rs 599, Rs 1999 till September 10

SpiceJet launched two new slabs of competitive basic airfare rates, as other Indian carriers extended dates for booking low cost tickets over the past few days.

  • Air India on right path to turn bankable by FY17

Air India MD said “Things are moving in right direction only after airlines decided to act tough on striking pilots & approval of the TAP.”

  • Indian markets will enter bubble zone once Nifty breaches 8,500-9,000: Analysts

Analysts are of the view that the ingredients for a sustained bull market are very much in place and any dips should be used to enter the markets.

  • Tablets a new threat to Rs 10,000 crores IIT, IIM and GMAT coaching industry

Tablet teaching is shaking up the traditional method of teaching and test prep coaching as students shrug off notion that there is no alternative to classroom learning.

  • PM Narendra Modi’s Jan Dhan Yojana

Fake accounts may cloud the plan. Modi’s financial inclusion drive is off to a flying start, but some who enrolled under Pradhan Mantri Jan Dhan Yojana may have accounts elsewhere.

  • Corporate honchos are leaving their jobs to become entrepreneurs

They’re not young guns with fire-in-the belly. Rather, they are grizzled corporate bosses who walked out of their cabins to pursue dream ventures.

  • It’s PM’s Teachers’ Day

PM Modi has been margdarshak for many years. He gave few words of advice during his Teachers’ Day speeches.



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1 Comment on "World Last Week: 1 Sept’14 – 7 Sept’14"

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