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RBI gets ready to train its guns on 50 more stressed accounts

RBI gets ready to train its guns on 50 more stressed accounts

Finance
NEW DELHI: The Reserve Bank of India is likely to come up with a fresh list of around 50 loan accounts that are either under stress or close to being classified as nonperforming assets. The regulator may set a March 31 deadline for banks to find a resolution on these or commence bankruptcy proceedings against the borrowers, a finance ministry official said. These accounts are in addition to the 41 that the central bank has already identified, including several against which banks have now started bankruptcy proceedings. This new list of accounts had come up during discussions on the recapitalisation of state-run banks. These assets identified by the RBI have been accounted for in the Rs 2.1-lakh crore bank recap plan announced last month, and so will not bloat the capital requirement o...
Ben Nevis gets automatic weather station

Ben Nevis gets automatic weather station

Science
Live weather data is being recorded again at the top of Ben Nevis, the UK's highest peak, after a 113-year gap. Researchers have installed an automatic meteorological station that digitally collects information on temperatures, wind speeds and rainfall levels.Until 1904, the same measurements were gathered by men who lived in a shelter at the summit.The weather station was carried up the mountain, in the Scottish Highlands, by a team of researchers on Tuesday.The new station means visitors to the UnEarthed exhibition in Edinburgh next week will be able to take a look in real-time at weather conditions on the mountain, something that was not possible previously. Dr Barbara Brooks and her team from the NERC National Centre for Atmospheric Science carried the equipment up the mountain on Tues...
Monarch gets lifeline amid last-ditch survival talks

Monarch gets lifeline amid last-ditch survival talks

Business
Monarch has been granted a 24-hour extension to its tour operator's licence.Britain's fifth-biggest airline had a deadline of midnight on Saturday before its Air Travel Organiser's Licence (ATOL) expired.It follows a report by Sky's City Editor Mark Kleinman that Monarch's future was hanging by a thread as the company held emergency talks with regulators.This is the third time Monarch has been handed a temporary extension in four years, and sources had said that the operator's travel subsidiary was likely to be placed into administration within days if a further extension was not secured.It would have left 100,000 Monarch customers facing uncertainty about their journey back to the UK.The Civil Aviation Authority said: "We can confirm that ATOL protection will remain available for eligible...
Winner of 'dirtiest race in history' gets lifetime ban

Winner of 'dirtiest race in history' gets lifetime ban

Sports
Former Olympic 1500m champion Asli Cakir Alptekin has been banned for life after a third doping offence.In 2015, the 32-year-old was stripped of her 2012 Olympic and European titles and suspended for eight years by the Turkish Athletics Federation.She returned this year after the ban was halved and its start date backdated to 2013, but has since reoffended."We are never, ever going to allow doping," said Turkish Athletics Federation chief Fatih Cintimar.Six of the first nine finishers in the women's 1500m final at the 2012 Olympics have been given drugs bans, leading some to refer to it as the "dirtiest race in history". Straight after the race, Britain's Lisa Dobriskey, who finished 10th, told BBC Radio 5 live: "I don't believe I'm competing on a level playing field."Cakir Alptekin previo...
Logos Technologies gets DARPA contract for SilentHawk motorcycle

Logos Technologies gets DARPA contract for SilentHawk motorcycle

Business
Sept. 15 (UPI) -- Logos Technologies is receiving a second Phase 2 contract from the Defense Advanced Research Projects Agency for the development of the SilentHawk hybrid electric motorcycle.The motorcycle combines a RedShift MX racing bike produced by Alta Motors with a front-wheel drive system and range extender developed by Logos. It is designed to produce minimum engine noise for use by soldiers behind enemy lines."In 'silent' mode, when the range-extension genset is off, SilentHawk is about as loud as a normal office conversation," said Dale Turner, SilentHawk program manager."When the rider is out of harm's way, and the range-extension system is engaged to charge the motorcycle's propulsion battery and to provide auxiliary power for equipment, it's still only as loud a vacuum cleane...