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Rs 30 lakh a month for an intern? India’s trading firms are in a fierce talent war

​The firms are sharply increasing internship pay as they compete for a limited pool of engineers with strong mathematical, coding and problem-solving skills. High-frequency trading (HFT) firms in India are offering record compensation to interns as they compete for quantitative talent amid tighter derivatives regulations and slowing activity in the country’s equity markets.Gurgaon-based Quadeye is...

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Massive floods sweep through Nepal; several districts put on high alert

The National Disaster Risk Reduction and Management Authority (NDRRM) has asked people living near river banks in Rasuwa, Nuwakot, Dhading, Chitwan and Gorkha to remain on high alert and take necessary safety measures until further notice. At least eight people were killed and several others are missing after a sudden cloudburst triggered a sharp rise...

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GPS can’t work everywhere, so scientists test navigation using cosmic rays

Image credit: 2015 Hiroyuki K.M. Tanaka (via Ars Technica) GPS has become essential for navigation. But there is one major limitation: GPS signals cannot travel through water, rocks or deep underground spaces. To address the problem, scientists in Japan are now testing an alternative navigation system that uses particles from cosmic rays instead of satellites....

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India’s 1st hydrogen train travels 6,000 km; cuts 36,444 kg CO2 emissions

Hydrogen is being used because it is considered the cleanest fuel available today. India’s first hydrogen-powered train, flagged off last month by Prime Minister Narendra Modi, is achieving new milestones every day. According to the latest information from Indian Railways, the hydrogen train, which is also the world’s most powerful, has clocked around 6,000 kilometers...

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‘Hijab on their heads, not minds’: Owaisi calls Allahabad HC ruling ‘attack on Islam’

The remarks came after a division bench of Justices JJ Munir and Indrajit Shukla dismissed the student’s petition challenging the school’s refusal to allow her to wear a scarf over her uniform. NEW DELHI: AIMIM president Asaduddin Owaisi on Tuesday criticised the Allahabad High Court’s dismissal of a minor student’s petition seeking permission to wear...

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