HAS THE GOVT. FAILED TO CONTROL PETROL PRICES?

Petrol, Diesel Prices Hiked For Sixth Day In A Row, Soar To New Highs Petrol and diesel prices were hiked on Tuesday amid firming global crude prices, the sixth day of hike in a row. Oil marketing companies revise petrol and diesel prices every day at 6 am according to the daily price revision process. Petrol prices remained above 4-year high level in Delhi while diesel prices touched a new high. The price of non-branded petrol was increased by 11-13 paise per litre in metro cities on Tuesday while diesel by 13-14 paise, according to Indian Oil, the biggest oil retailer in the country. Petrol retailed at Rs. 73.95 in Delhi, the highest since September, 2013, when rates had hit Rs. 76, according to Indian Oil website. In other metro cities, petrol retailed at Rs. 76.66 in Kolkata, Rs. 81.8 in Mumbai and Rs. 76.72 in Chennai. On the other hand, diesel retailed at a record high of Rs. 64.82 a litre in Delhi. In Kolkata, diesel retailed at Rs. 67.51 in Kolkata, Rs. 69.02 in Mumbai and Rs. 68.38 in Chennai. Besides global crude prices and rupee-dollar exchange rate, domestic petrol and diesel prices depend on government taxes, both at the...

WILL THE BITCOIN BUBBLE BURST ?

The Great Bitcoin Scam At the outset, let me clarify that Bitcoin itself is not a scam, but how Bitcoin is being sold is a scam. More about that below. To start out, it is important to understand what Bitcoin really is. It would be easy to bore you with a discussion of the technology, about peer-to-peer servers and sophisticated algorithms, but that is not what you need to know. What you need to know about Bitcoin is that distilled to its technological essence, each Bitcoin is simply a number. That's it: A number. It is simply a series of digits, with each number being assigned to each Bitcoin. To illustrate, I'll randomly pull a $1 bill from my wallet, which bears No. L88793293J. Assuming some minimal level of competency by the U.S. Treasury, no other bill bears that number. The face value of a $1 bill is, of course, just $1 dollar. But two people could privately agree that No. L88793293J is actually worth $5,000. To illustrate Fred wants to buy Joe's golf clubs, but Fred doesn't want his wife to know -- at least just yet -- that he spent $5,000 for golf clubs. So, Fred and Joe agree that No. L88793293J is...

IS NORTH KOREA HEADED FOR ANNIHILATION?

Trump: North Korea’s Kim Jong Un ‘a sick puppy' President Trump took another dig Wednesday at North Korean leader Kim Jong Un, calling him "a sick puppy." Trump, in St. Charles, Mo., was in the middle of calling the Republican tax plan "rocket fuel" for the U.S. economy, when he digressed and took an impromptu shot at "little rocket man." Earlier, Trump threatened new sanctions against North Korea a day after the isolated nation launched its longest-ranging intercontinental ballistic missile. The missile flew about 600 miles in a high trajectory, but would have had a range of 8,100 miles had it flown in a flat trajectory, according to calculations by David Wright, an expert at the Union of Concerned Scientists. That would make it capable of reaching Washington, D.C. The personal slugfest between Trump and Kim has no precedent. Since he became president, Trump has lashed out at Kim, referring to him as "short and fat" and as a "madman," and threatened to wipe Kim and his country off the face of the earth if they attack the United States or its allies. SOURCE - USA TODAY North Korea Fires a Ballistic Missile, in a Further Challenge to Trump WASHINGTON — North Korea...

Is The iPhone Value For Money Or Waste Of Money?

THE EXPENSIVE HABIT OF IPHONE BUYING! After months of unprecedented hype and rumours, Apple finally took the wraps of the iPhone X at an event at the Steve Jobs Theatre in Cupertino yesterday. The iPhone X has been launched to commemorate the tenth anniversary of the iPhone and as a result is the most radical update to the iPhone line-up yet. But all this extravagance comes at a cost. You will have to pay a king's ransom to get your hands on the iPhone X when it arrives in India on November 3. Smartphones have been getting expensive year on year. There was a time when a device costing more than Rs 50,000 was completely unheard off. But now the iPhone X has shattered all price barriers. Let me put it into perspective. Two Samsung Galaxy S8's can be bought for Rs 1,15,000. A fancy 250cc bike can be bought for Rs 1 lakh. One iPhone X can be bought for Rs 1,02,000. There is a cheaper model with 64GB storage for Rs 89,000. But even that seems a bit too much at first glance. The last time Apple overhauled the design of the iPhone was with the iPhone 6 in 2014. They...

WILL TRUMP TAKE OUT ISIS AFTER FRESH ATTACKS IN NY?

ISIS TERRORISES NEW YORK CITY NEW YORK: A 29-year-old man driving a rental truck plowed down people on a Manhattan bike path Tuesday in what authorities described as a terrorist attack that killed eight and injured 11 before the suspect was shot and arrested by police. A sunny fall day along the Hudson River erupted in chaos just around the time students were getting out from nearby Stuyvesant High School, when a rented Home Depot truck turned on to the bike path along the West Side Highway. Witnesses say the speeding truck struck unsuspecting bicyclists and pedestrians while onlookers screamed and scattered. The truck then veered left toward Chambers Street, where it collided with a small school bus, injuring two adults and two children inside, officials said. According to a video from the scene, the man then jumped out of the wrecked vehicle brandishing what appeared to be handguns. Some witnesses said he shouted "Allahu akbar'' meaning "God is great'' in Arabic. Law enforcement officials, speaking on the condition of anonymity to discuss an open investigation, identified the suspect as Sayfullo Saipov, an Uzbek immigrant who had been living in Tampa. The attack could intensify the political debate over immigration and security. President Donald...

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