Science

Systematic endeavour to gain knowledge Science is a systematic discipline that builds and organises knowledge in the form of testable hypotheses and predictions about the universe.[1][2] Modern science is typically divided into two or three major branches:[3] the natural sciences (e.g., physics, chemistry, and biology), which study the physical world; and the social sciences (e.g., economics, psychology, and sociology), which study individuals and societies.[4][5] Applied sciences are disciplines that use scientific knowledge for practical purposes, such as engineering and medicine.[6][7][8] While sometimes referred to as the formal sciences, the study of logic, mathematics, and theoretical computer science (which study formal systems governed by axioms and rules)[9][10] are typically regarded as separate because they rely on deductive reasoning instead of the scientific method or empirical evidence as their main methodology.[11][12][13][14] Etymology History Early history Middle Ages Awards

PNB: PNB's Rs 11,300 crore fraud: Nirav Modi raided and other developments NEW DELHI: Since the Rs 11,300 crore fraud in Punjab National Bank's (PNB) MC Brady House branch in Mumbai broke out on Wednesday, a string of developments has taken place. Here is a rundown of how the scam has unfolded so far: 1. The scam was first detected by our officials at first in 2011 and we had reported it to the concerned agencies, Punjab National Bank (PNB) MD Sunil Mehta said in a presser on Thursday. 2. We have lodged FIRs and complaints. We have the capability and capacity to come out of the situation, PNB MD added. 3) On Thursday, the Enforcement Directorate (ED) registered a money laundering case against diamond merchant Nirav Modi and his relatives along with others and raided over dozen premises across the country connected to them. Read full story here Read: Hollywood stars glittered in Modi's gems 6) The CBI also booked a retired PNB officer and a clerk for helping the businesspersons.

Bathinda woman dies after her hair gets stuck in go-kart, scalp rips off | punjab$chandigarh A 28-year-old Bathinda woman was killed after her hair was caught in a wheel of a go-kart, tearing her scalp off the head, at an amusement park adjacent to Yadavindra Gardens in Pinjore on Wednesday. Puneet Kaur was a resident of Rampura Phul in Bathinda and was visiting the park — Aqua Village — along with her husband Amardeep Singh, a farmer, and their two-year-old son along with other family members. Police said the family was on a vacation and had visited Timber Trail in Parwanoo in the morning after reaching Kharar on Tuesday night. “On their way back from Timber Trail, they decided to visit the amusement park,” said a cop investigating the case. The Haryana tourism department has leased out the park to a private contractor. Couple was about to complete first lap The family had booked four go-karts — open-wheel cars used for recreational purposes — for six members. The incident left everyone shocked and go-karting was stopped immediately. Safety measures under scanner

Gokulnath shetty: How one man enabled India's largest banking fraud NEW DELHI: An internal investigation carried out by Punjab National Bank (PNB) in the Rs 13,500 crore fraud involving diamantaire Nirav Modi + has laid bare loopholes in the country's banking system revealing how it took all of one man to enable much of the fraud. Gokulnath Shetty who served as the deputy manager at PNB's Brady House branch + in Mumbai between 2010 and 2017, cleared 13,000 transactions, way above his authorised limit. Read full story here: PNB official cleared 13,000 deals flouting limit of Rs 25 lakh Shetty was entitled to pass cash transactions and transfers worth between Rs 10 lakh and Rs 25 lakh. However, during his 7-year stint at the branch, Shetty cleared as many as 13,501 transactions of Rs 1 crore or more, with the highest entry of Rs 212 crore in June 2015. HOW HE GOT AWAYShetty had full access to the bank's software, taking use of which he verified his own large transactions—thus avoiding detection.

by raviii Oct 1