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Corporate governance standards at PSBs much better than ever before, says Goyal

Corporate governance standards at PSBs much better than ever before, says Goyal

Finance
Emphasising that corporate governance standards being followed by public sector banks are much better than ever before, Finance Minister Piyush Goyal today said the government has stopped the "phone-call thing" coming in from Delhi to the banks. In an apparent dig at the previous UPA regime, Goyal said that not a single phone call would go to "give a loan, to address a loan, to restructure a loan or to settle a loan". Against the backdrop of high amounts of stressed assets in the banking system, the ruling BJP had alleged that earlier, banks used to get calls from the higher ups in the national capital to provide loans to various entities. Prime Minister Narendra Modi had also made references to it while replying to the debate on no-confidence motion in the Lok Sabha last month. Goyal told...
'Almost every financial plan that’s ever been written is wrong': United Capital's Duran

'Almost every financial plan that’s ever been written is wrong': United Capital's Duran

Finance
If you’ve managed to pull together a strategy for your personal finances, odds are it’s not the right one for you. That’s because many financial plans fail to consider the unique characteristics of an investor’s life, including his or her biases and the fluidity of investing goals, said Joe Duran, founder and CEO of United Capital. “Almost every financial plan that’s ever been written is wrong,” he said. “It’s wrong because it makes two assumptions that are almost certainly wrong,” Duran said...
Bilingual microbe is first ever to use two different DNA translations

Bilingual microbe is first ever to use two different DNA translations

Science
June 15 (UPI) -- Scientists have discovered a microbe that uses two different translations of DNA, the world's first. The bilingual nature of the microbe makes it near impossible for scientists to predict which proteins its genome codes for. DNA is composed of a sequence of four chemical bases, or nucleobases, represented by the letters A, T, C and G. Different sequences code for different combinations of nucleic acids, the building blocks of proteins, which fuel myriad biochemical processes inside the cells of all living organisms. Three nucleobases, called codon, code for a single amino acid, and until now, scientists assumed the same three nucleobases always coded for the same amino acid. But while studying the genomes of a unique group of yeasts, scientists realized they'd found an e...
Shakira on her vocal problems: 'I doubted I'd ever sing again'

Shakira on her vocal problems: 'I doubted I'd ever sing again'

Entertainment
After postponing her El Dorado tour for seven months due to vocal problems, Shakira finally hit the road last week with an athletic, hip-shaking show that encompassed more than 20 years of hits.It's the star's first tour in seven years, after taking time out to start a family with her husband, Spanish footballer Gerard Pique.Footage from the opening night in Hamburg showed the 41-year-old looking overwhelmed, clasping her hands to her chest as she acknowledged her long journey back to health."Last year was one of the most difficult times of my entire life," she tells the BBC from Amsterdam. "Being back on stage has been so emotional."With the tour hitting London next week, the Colombian star took time out from her schedule to chat about how she's stopped ...
Harry Redknapp backs Frank Lampard for success as Derby manager was ‘best professional and best trainer I ever came across’

Harry Redknapp backs Frank Lampard for success as Derby manager was ‘best professional and best trainer I ever came across’

Sports
Harry Redknapp has backed Frank Lampard to be a success as a manager following his appointment as Derby County boss.The former Chelsea and England midfielder, who has taken his coaching badges since retiring as a player in early 2017, has penned a three-year deal with the Championship club to succeed Gary Rowett, who left Pride Park earlier this month to join relegated Stoke City. Though he has no experience of senior football management, and is arriving at a club who have ambitions to reach the Premier League following a number of promotion near misses over the last few years, Lampard has been backed to do a good job with Derby. Lampard’s uncle Redknapp, who coached the former midfielder at West Ham, said: “I spoke to Mel Morris when the position became available; I rang him u...