R N Group of College

29/01/2014

A MUST READ

When Cynthia Koenig, a young social entrepreneur from New York, learned that millions of girls and women around the world spend hours each day collecting water from distant sources, she decided to create a new way to help people in poor communities transport water and it's called the WaterWheel. Koenig's WaterWheel allows people to roll water in a 50-liter container versus carrying it in 5 gallon (19 liter) jugs. Koenig estimates that the WaterWheel can save women 35 hours per week in water transport time, as well as prevent the physical strain that comes from balancing 40 pounds of water on top of their heads for hours each day.

Every day around the world, over 200 million hours are spent each day fetching water, often from water sources miles from home, and this task usually falls to women and girls. By freeing up valuable time, the WaterWheel allows women to spend time on income-generating activities that can help pull her family out of poverty. The time savings also means that there is a greater likelihood that girls will be allowed to stay in school, further reducing the rate of intergenerational poverty.

After receiving a $100,000 Grand Challenges Canada prize to develop the WaterWheel, Koenig founded a social enterprise company, Wello. The company is in an early stage of development and has been piloting the WaterWheel in rural communities in India. Koenig also plans on continuing to make the WaterWheel itself more useful by adding in filtration, drip irrigation kits, even a cell phone charger that uses the rotation of the wheel to charge the battery of the cell phone and give people more access to essentials like communication and education.

28/01/2014

TOUCHING INCIDENT - Indian Actor Salman Khan spotted a man with his 14 year old wheelchair-bound son, he called him to give him his Doctor's Number and assured him that all his Medical Expenses will be taken up by Him!

28/01/2014

HOW PEOPLE SEE THE WORLD

27/01/2014

HSBC Bank on verge of collapse

Concerns about an imminent bank crash were further fuelled today at news that HSBC are restricting the amount of cash that customers can withdraw from their own bank accounts. Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it. This, and other worrying signs point to a possible financial crash in the near future.

HSBC is scrambling to manage a seemingly terminal liquidity crisis (a lack of hard cash) that could see the bank become the next Northern Rock – and trigger a bank crash. The analyst’s advice is for shareholders to sell HSBC investments, and customers to move their accounts elsewhere before the crash.

This from the Telegraph:

Forensic Asia on Tuesday began its coverage of Britain’s largest banking group with a ‘sell’ recommendation, warning the lender had between $63.6bn (£38.7bn) and $92.3bn of “questionable assets” on its balance sheet, ranging from loan loss reserves and accrued interest to deferred tax assets, defined benefit pension schemes and opaque Level 3 assets.

According a report by the BBC’s MoneyBox Programme, HSBC customers have gone to withdraw cash from their accounts, only to find HSBC would not release the funds. Customers were told to make a bank transfer instead, unless they provided documentation proving the intended use of the money. Stephen Cotton attempted a withdrawal and told the programme:

“When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for. They wanted a letter from the person involved.”

Mr Cotton says the staff refused to tell him how much he could have: “So I wrote out a few slips. I said, ‘Can I have £5,000?’ They said no. I said, ‘Can I have £4,000?’ They said no. And then I wrote one out for £3,000 and they said, ‘OK, we’ll give you that.’ “

He asked if he could return later that day to withdraw another £3,000, but he was told he could not do the same thing twice in one day.

As this was not a change to the Terms and Conditions of your bank account we had no need to pre-notify customers of the change”

27/01/2014

BANK NOTES ON WHICH YEAR OF PRINTING IS NOT INDICATED WILL BE WITHDRAWN AFTER 21 MARCH 2014

26/01/2014

"If there is one place on the face of earth where all the dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India."

HAPPY REPUBLIC DAY

25/01/2014

Our Respected Director General

Dr. Harendra Singh
M.A., M.Ed., M.Phil. MJMC, MBA, Ph.D, D.Lit (Edn), L.L.M., CCG, PGDRM, ADRLL, PAD (Russian)

25/01/2014

25/01/2014

Enjoy Wifi Zone all over our Campus