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Tag: speed

Strengthen NCLT infrastructure to speed up resolutions: RBI

Strengthen NCLT infrastructure to speed up resolutions: RBI

Finance
Mumbai: The central bank has called for strengthening the infrastructure at the National Company Law Tribunals (NCLT) to ensure time-bound resolution of stressed-asset loans in the banking sector, where the problem of mounting bad debt has prompted curbs on the normal operations at several high-street lenders. In its Trends and Progress in Banking for 2017-18 released on Friday, the Reserve bank of India (RBI) underscored the need to strengthen the NCLT infrastructure to accommodate the likely large number of cases that may be referred to the dedicated bankruptcy courts. Better resolution will also have a bearing on the future of the loan repayment culture in India, where the Insolvency and Bankruptcy Code (IBC) was enacted in December 2016 to quicken insolvency resolutions. “Minimis...
Official: Russian weapon 27 times faster than speed of sound

Official: Russian weapon 27 times faster than speed of sound

Technology
Russia's new strategic weapon has rendered any missile defenses useless at a small fraction of their cost, officials said Thursday. The Avangard hypersonic glide vehicle flies 27 times faster than the speed of sound, making it impossible to intercept, Deputy Prime Minister Yuri Borisov told Russian state television. The new weapon "essentially makes missile defenses useless," he said. Borisov spoke a day after Russian President Vladimir Putin oversaw what he described as the conclusive successful test of the Avangard and hailed it as a reliable guarantee of Russia's security for decades to come. In Wednesday's test, the weapon was launched from the Dombarovskiy missile base in the southern Ural Mountains. The Kremlin said it successfully hit a practice target on the Kura shooting range o...
New imaging method could speed up breast cancer diagnosis

New imaging method could speed up breast cancer diagnosis

Health
Dec. 20 (UPI) -- Researchers at the University of Illinois at Urbana-Champaign have created a new technology to track tumor development within human breast tissue, a study says. The new system has the potential to speed up a normally lengthy process. A traditional cancer diagnosis takes a few days and requires tissue to be removed, dyed with chemicals and examined by a pathologist. This research, published Wednesday in Science Advances, detailed how the portable optical imaging system simultaneously captured images from surgically-removed breast tissue with light pulses in four modalities. The researchers tested their new tool during breast cancer surgeries at Carle Foundation Hospital. They took cancer breast tissue removed from patients and located particular molecular features linked t...