Forensic AuditsThe plethora of forensic audits that had been ordered by Head of State, President David Granger, has claimed its first victim, Nizam Hassan, former General Manager of the Guyana Marketing Corporation (GMC) who was on Monday slapped with fraud-related charges, He appeared before Chief Magistrate Ann McLennan in the Georgetown Magistrates’ Courts.Former General Manager of the Guyana Marketing Corporation (GMC), Nizam Hassan and co-accused Felicia De’Souza-Madramootoo were on Monday slapped with fraud related charges when he appeared before Chief Magistrate Ann McLennan in the Georgetown Magistrates’ CourtsHassan, who currently holds the portfolio of General Manager of the Guyana Rice Development Board, and a female co-accused, Felicia De’Souza-Madramootoo, 34, were on Monday charged in what has been described as a multimillion-dollar fraud.The woman’s husband Hanniel Madramootoo, a project engineer within the Agriculture Ministry, his brother Philip and friend Nizam Ramkisson both Directors of Constantine Engineering and Construction Limited of Trinidad and Tobago were also jointly charged.Only Hassan and the female co-conspirator appeared in court and arrest warrants have since been issued for the others who are said to currently be in Trinidad and TobagoHassan and De’Souza-Madramootoo were charged with intent to defraud together with three others by continuously approving payments for substandard and faulty works during the rehabilitation of the Guyana Marketing Corporation building at Robb and Alexander Streets, Georgetown.Hassan and his co-accused were not required to plead to the indictable charge but were released on $250,000 bail each, and have been ordered to report at the headquarters of the Special Organised Crime Unit every Friday.The matter has been adjourned until December 7.During the course of the audit into the operations of New GMC it was found that based on the selection of three vouchers related to the construction of the GMC’s office building for testing, it was observed that incorrect building materials were used.Additional auditing procedures were deemed necessary and a request was made to have all payment vouchers made available for further testing.The Auditors said it was communicated by Owen Nestor, GMC’s accountant, that none of the other payment vouchers related to the construction of the GMC’s office building could be found.It was also communicated by Nestor that Hassan may have been the last person who had requested all of the payment vouchers of the construction. The Auditors had recommended that a determination needs to be made as to what level of disciplinary actions should be taken and that the board of directors should instruct GMC’s management to make every effort to locate the missing vouchers.The auditor in reporting on his findings to the Ministry of Finance had complained that the process was “deliberately frustrated by the non-response and non-commitment extended by Mr Nizam Hassan, GMC’s General Manager and the lack of commitment by GMC’s Accounting department’s staff.”It was found that many vouchers and back-ups were not provided, either on a timely basis or not at all: “My conclusion is that the accounting practice at GMC shows that the General Manager and the Accountant did not provide any meaningful fiduciary responsibility when any payment originated from the Minister of Agriculture or the Permanent Secretary of the Ministry of Agriculture.”“In other words, GMC’s General Manager and the Accountant acted more like rubber stamps when payments dealt with transactions originating from the Ministry of Agriculture,” the Auditor declared.
Other Labor Day sales you should check out Best Buy: In addition to some pretty solid MacBook deals that have been running for about a week already, Best Buy is offering up to 40% off major appliances like washers, dryers and stoves. There are also gift cards available with the purchase of select appliances. See it at Best BuyDell: Through Aug. 28, Dell is offering an extra 12% off various laptops, desktops and electronics. And check back starting Aug. 29 for a big batch of Labor Day doorbusters. See it at DellGlassesUSA: Aug. 29 – Sept. 3 only, you can save 65% on all frames with promo code labor65. See it at GlassesUSALenovo: The tech company is offering a large assortment of deals and doorbusters through Labor Day, with the promise of up to 56% off certain items — including, at this writing, the IdeaPad 730S laptop for $700 (save $300).See it at LenovoLensabl: Want to keep the frames you already love and paid for? Lensabl lets you mail them in for new lenses, based on your prescription. From now through Sept. 2 only, you can save 20% on the blue light-blocking lens option with promo code BLOCKBLUE. See it at LensablSears: Between now and Sept. 7, you can save up to 40% on appliances (plus an additional 10% if you shop online), up to 60% on mattresses, up to 50% on Craftsman products and more. The store is also offering some fairly hefty cashback bonuses. See it at SearsNote: This post was published previously and is continuously updated with new information.CNET’s Cheapskate scours the web for great deals on tech products and much more. For the latest deals and updates, follow the Cheapskate on Facebook and Twitter. Questions about the Cheapskate blog? Find the answers on our FAQ page, and find more great buys on the CNET Deals page. Tablets $999 Turo: Save $30 on any car rental Use promo code 19LABOR10 to get an unusually good deal on JBL’s interesting hybrid product — not quite headphones, and not quite a traditional speaker, but something you wear like neckphones to listen to music on the go. Chris Monroe/CNET Rylo 5.8K 360 Video Camera: $250 (save $250) The problem with most entry-level laptops: They come with mechanical hard drives. That makes for a mighty slow Windows experience. This Lenovo model features a 128GB solid-state drive, so it should be pretty quick to boot and load software, even with its basic processor. Plus, it has a DVD-burner! That’s not something you see in many modern laptops, especially at this price. $90 at Daily Steals via Google Express $60 at Best Buy I thought this might be a mistake, but, no, the weirdly named HP Laptop 15t Value is indeed quite the value at this price. Specs include an Intel Core i7 processor, 12GB of RAM, a 256GB solid-state drive and a 15.6-inch display. However, I strongly recommend paying an extra $50 to upgrade that display to FHD (1,920×1,080), because you’re not likely to be happy with the native 1,366×768 resolution. 1 An Echo Dot makes a fine match for any Fire edition TV, because you can use the latter to say things like, “Alexa, turn on the TV.” Right now, the 24-inch Insignia Fire TV Edition starts at just $100, while the 32-inch Toshiba Fire TV Editions is on sale for $130. Just add any Fire TV Edition to your cart, then add a third-gen Echo Dot, and presto: The latter is free. The Cheapskate Spotify and most other streaming services rely on compressed audio, which robs the listener of full fidelity. Enter Tidal, the only “major” service that delivers lossless audio — meaning at least on par with CD quality, if not better. Want to see (er, hear) the difference for yourself? Grab this excellent extended trial while you can. It’s just $6 for three months, and it’s good for up to six listeners. Share your voice $59 at eBay See at Amazon Comments Read the Rylo camera preview Sarah Tew/CNET DJI Osmo Action camera: $261 (save $89) Sarah Tew/CNET DJI’s answer to GoPro’s action cameras is rugged little model that’s shockproof, dustproof and waterproof down to 11 meters. It normally runs $350, but this deal drops it to $261 when you apply promo code 19LABOR10 at checkout. Preview • iPhone XS is the new $1,000 iPhone X Sarah Tew/CNET See it Sarah Tew/CNET Best laptops for college students: We’ve got an affordable laptop for every student. Best live TV streaming services: Ditch your cable company but keep the live channels and DVR. Samsung,I’m shocked — shocked! — to learn that stores are turning Labor Day into an excuse to sell stuff. Wait — no, I’m not. As much as I respect the original intent of the holiday (which became official back in 1894), to most of us, it’s just a bonus day off — one that’s blissfully tacked onto a weekend. So, yeah, stores; go ahead, run your sales. I’m listening. Perhaps unsurprisingly, Labor Day doesn’t bring out bargains to compete with the likes of Black Friday (which will be here before you know it), but there are definitely some sales worth your time.For example:We’ve rounded up the best Labor Day mattress deals.We’ve also gathered the best Labor Day laptop deals at Best Buy.The 2019 Vizio P Series Quantum is back under $999.Be sure to check out Amazon’s roughly three dozen Labor Day deals on TVs and audio. Google Express is having a big sale as well, one that includes deals on game consoles, AirPods, iPhones, laptops and more.Below I’ve rounded up a handful of individual items I consider to be the cream of the crop, followed by a handy reference guide to other Labor Day sales. Keep in mind, of course, that products may sell out at any time, even if the sale itself is still running. Note that CNET may get a share of revenue from the sale of the products featured on this page. Samsung Galaxy View Review • Samsung Galaxy View review: Biggest Samsung tablet ever, smallest TV in your house See It $299 at Amazon Read Google Home Hub review Lenovo 130-15AST 15.6-inch laptop: $210 (save $90) Preview • Samsung goes big on tablets with the 18-inch Galaxy View; starts at $599 from November 6 (hands-on) $210 at Best Buy There aren’t a lot of Android tablets left on the market, so the Galaxy View 2 stands out for more than its size. SamMobile Just when you were wondering when Samsung would deliver its replacement for the ginormous Galaxy View tablet, along come apparent renders of its smaller successor, the Galaxy View 2.Obtained by SamMobile, the photos show a circular cutout rather than a handle, and a folding design rather than a kickstand. (Though Samsung may not want to hear the word “fold” for a while, thanks to the big issues with its new wonderphone, the Galaxy Fold.) The Galaxy View 2 looks to have 17.5-inch screen, making it smaller than its 18.4-inch predecessorAccording to the site, the tablet attained Bluetooth and Wi-Fi certification late last year and appeared in the Geekbench database in January equipped with Samsung’s Exynos 7885 CPU and 3GB of memory, Leaked renders usually come out as a product gets close to launch, so we may see this soon.Samsung didn’t immediately reply to a request for comment. Amazon Formerly known as the Google Home Hub, Google’s Nest Hub packs a wealth of Google Assistant goodness into a 7-inch screen. At $59, this is within a buck of the best price we’ve seen. It lists for $129 and sells elsewhere in the $89-to-$99 range.This is one item of many available as part of eBay’s Labor Day Sale (which, at this writing, doesn’t specifically mention Labor Day, but that’s how it was pitched to us). Tags Best Buy $520 at HP Boost Mobile $155 at Google Express Turo is kind of like Uber meets Airbnb: You borrow someone’s car, but you do all the driving. I’ve used it many times and found it a great alternative to traditional car-rental services — in part because you get to choose exactly the vehicle you want (not just, say, “midsize”) and in part because you can often do pickup and dropoff right outside baggage claim.Between now and Sept. 1, the first 300 people to check out can get $30 off any Turo rental with promo code LDW30. Tidal 3-month family subscription: $5.99 (save $54) See at Turo What’s cooler: A snapshot of a firework exploding in front of you, or full 360-degree video of all the fireworks and all the reactions to seeing them? Oooh, ahhh, indeed. At $250, the compact Rylo dual-lens camera is selling for its lowest price yet. And for an extra $50, you can get the bundle that includes the waterproof housing.This deal runs through Sept. 3; it usually costs $500. Read Lenovo Smart Clock review 7 JBL Soundgear wearable speaker: $90 (save $160) Turo Comment $999 Lenovo Smart Clock: $59.99 (save $20) Angela Lang/CNET Tags Google Nest Hub: $59 (save $70) Free Echo Dot with an Insignia or Toshiba TV (save $50) $999 See It TVs Speakers Mobile Accessories Cameras Laptops Automobiles Smart Speakers & Displays Mentioned Above Apple iPhone XS (64GB, space gray) $6 at Tidal HP Laptop 15t Value: $520 (save $780) Rylo See It CNET may get a commission from retail offers. $999 Though not technically a Labor Day sale, it’s happening during Labor Day sale season — and it’s too good not to share. Nationwide Distributors, via Google Express, has just about the best AirPods deal we’ve seen (when you apply promo code ZBEDWZ at checkout). This is for the second-gen AirPods with the wireless charging case. Can’t imagine these will last long at this price, so if you’re interested, act fast. Review • iPhone XS review, updated: A few luxury upgrades over the XR $261 at Daily Steals via Google Express Recently updated to include digital-photo-frame capabilities, the Lenovo Smart Clock brings Google Assistant goodness to your nightstand. It’s a little smaller than the Amazon Echo Show 5, but also a full $30 less (and tied with Prime Day pricing) during this Best Buy Labor Day sale. Share your voice Read the AirPods review Apple AirPods with Wireless Charging Case: $155 (save $45) Read DJI Osmo Action preview Sprint Apple iPhone XS
With less than a fortnight before the start of the budget session of Parliament, here are a few basic facts about the Union Budget, which is being seen as extremely crucial for the Narendra Modi government. The government is expected to move from its pro-infrastructure approach to focus on social welfare, especially ahead of elections in several key Indian states where Modi’s Bharatiya Janata Party is seeking to make inroads. When will Budget 2016 be presented? The finance minister usually presents the general budget before the fiscal year begins, usually at the end of the month of February, and this year, Arun Jaitley will present Budget 2016 on Feb. 29.The budget session of Parliament will begin on Feb. 23, the Rail Budget will be presented on Feb. 25, and the Economic Survey on February 26. The Economic Survey indicates the direction of the budget and highlights the country’s economic performance. What does the Budget entail?The Budget is a financial statement of the government’s revenue and expenditure for one fiscal year (April to next March), which essentially means it is an account of the finances of the government for a fiscal.The Union Budget consists of two aspects â€” the Revenue Budget and the Capital Budget. The Revenue Budget entails the revenue of the government, mainly from taxes and other sources. The Revenue Budget also looks at the day-to-day expenditure of the government. The Capital Budget entails capital receipts, which cover the loans the government raises and capital payments, which include government expenditure on acquisition of assets.What were the highlights of previous Budgets of the Modi government?The Union Budget 2014-15 was the first budget to be presented by the current government after Narendra Modi came to power in May 2014.One of the major highlights of Arun Jaitley’s 2014 budget was the increase in tax exemption limit to Rs 2.5 lakh, and for investment under Section 80C to Rs 1.5 lakh. The Modi government also raised the cap on foreign direct investment (FDI) in the defence and insurance sectors to 49 percent each. Read more about the 2014 Budget highlights hereIn Budget 2015, the government increased service tax to 14%, raised the tax devolution to states to 42% of the divisible pool from 2015-16 to 2019-20, and also hiked excise duty on cigarettes and tobacco products. Tax slabs were unchanged, and the government abolished wealth tax. Interesting facts about budgets in historyThe first Union Budget of India was presented in 1947 by the then finance minister RK Shanmukhan Chetty. Here is the documented speech made by the first finance minister of India.Union Budget 1950-51 was the first to give the foundation for the Planning Commission, an institution that formulates five-year economic plans for the country.Union Budget 1991-92 by then-finance Minister Manmohan Singh opened the country to economic liberalisation as the import-export policy was revised and import duties cut.Morarji Desai is the only finance minister to have presented the budget 10 times.
file photo of Cambodia mapThirty-two pregnant Cambodians were detained on Friday for their suspected involvement in an illegal surrogacy operation, carrying babies for Chinese clients, a court official said on Friday.Five other people, including a Chinese person, were arrested and charged with human trafficking following raids at two apartments in the Cambodian capital, Phnom Penh.The pregnant women were discovered during the raids last month and 32 were charged with cross border human trafficking on Thursday, said Y Rin, a spokesman for Phnom Penh Municipal Court. They were placed in pretrial detention.Cambodia had been a popular international destination for infertile couples looking to have babies through commercial surrogacy, a practice made illegal in 2016.Police have said that each of the 32 women was promised $10,000 for carrying baby for Chinese clients.Once a woman becomes pregnant she receives $500, police said. When the baby is delivered, she is paid $300 a month until the full $10,000 is paid off.
Kolkata: Chief Minister Mamata Banerjee handed over CESC Shrishti Samman to noted writer Manishankar Mukherjee, popularly known as Shankar, at the inaugural session of the International Kolkata Book Fair organised by the Booksellers’ and Publishers’ Guild on Thursday afternoon.Born in December 1933 at Bongaon, Shankar was the neighbour of Bibhutibhusan Bandopadhyay, author of Pather Panchali. His father Haripada Mukherji moved to Howrah shortly before the second World War, which is where the formative years of the well-known author began. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedFollowing the untimely death of his father in 1947, began the writer’s difficult journey as a street-vendor and then a typewriter cleaner. He was a temporary teacher at Vivekananda Institution and later found a job in a jute broker’s office. In 1951, Shankar met Noel Frederick Barwell, the last British member of the Bar-of-England practising in India. He became his last clerk. In 1954, following the death of Barwell, the author started writing his first book, which was serialised as Kata Ajanare. There has been no looking back for him since and he continues to command an enviable readership in India and abroad. The range of Shankar’s writing is astonishing, from fiction, short story, memoirs and travelogues to his enormously popular books on Vivekananda. One of his biggest best-sellers Chowringhee has been translated in many languages across the world, including English, French, Russian, Italian, Spanish and Chinese. Shankar also enjoys a vast readership in India and Bangladesh across many languages.
November 30, 2015 Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Imagine a world where your Internet connection comes from a light source. And in that world, your Internet connection is as much as 100 times faster than current wi-fi data transmission.That future isn’t imaginary. It’s coming. Tartu, Estonia-based startup Velmenni has unveiled the prototype for an LED light bulb called Jugnu which is capable of transmitting a data signal. The startup is currently working to build an Android app to capture the data sent through light, according to the company website.Another startup working in the space, ByteLight, is using the power of LED light bulbs to transmit data combined with location sensor technology to track the location of shoppers in retail stores. If a store knows exactly what you are looking at when you are in a store, it can push coupons and content to your smartphone relevant to what you are looking at in real time. Related: Google Just Got a Patent for Adding Holograms to a Google-Glass-Type HeadsetWhile li-fi, or “visible light communication,” is still largely the purview of university researchers and a small selection of high-tech, futuristic startups, the industry is expected to grow significantly over the next five years. Currently a $327.8 million industry, the visible light communication market is expected to be worth more than $8.5 billion by 2020, according to an estimate from the Indian market-research firm Markets and Markets.Li-fi may sound like wild, mind-boggling, futuristic technology, but it also has the potential to solve very real, everyday problems.As more and more people all over the globe come online, the radio waves that currently transmit data are becoming overwhelmed. When radio waves become overloaded, data transmission becomes slow. Painfully slow. Have you ever tried to get online at an airport?Not only are we bringing more and more people in the world online, but people who are already online are demanding ever more data transmission. Consumers expect to be able to watch videos on their mobile devices. And the Internet of Things movement is embedding wireless connectivity to devices and gadgets that haven’t previously used Internet, like your refrigerator, car and coffee pot.Related: The Future of the Internet of Things Will Be ‘Notification Hell’ Before It Gets BetterThere are exponentially more sources of light than there are radio waves, and therefore, there is potential for exponentially more data to be transferred through li-fi than with the wi-fi we are currently using.“We have 1.4 million expensively deployed, inefficient radio-cellular base stations. And multiply that by 10,000, then you end up at 14 billion. Fourteen billion is the number of light bulbs installed already,” says Harald Haas, a professor of Mobile Communications at the University of Edinburgh in the United Kingdom, who is credited with inventing the idea of li-fi. His TED talk introducing the technology from 2011 has received more than 2 million views.In addition to providing greater access to data connectivity, li-fi is more secure than radio connectivity, says Haas. Light waves do not transmit through walls. Therefore, if sensitive data is transmitted via li-fi, it will not travel beyond the room where the light radiates.Haas serves as the Chief Scientific Officer at the United Kingdom-based startup PureLifi, where he is overseeing the development of li-fi data transmission products. For parts of the world where the infrastructure to support LED light bulbs does not exist, Haas has just in September unveiled technology that would allow the transmission of data through solar-powered energy cells.To be sure, the solar cells that transmit data Haas demoed were early-stage prototypes. But he also says he does expect to be able to bring these technologies to market in the next two to three years.“We hope we will be able to contribute to closing the digital divide, and also contribute to connecting all these billions of devices to the Internet. And all of this without causing a massive explosion of energy consumption — because of the solar cells, quite the opposite,” says Haas.Related: For the First Time Ever, NASA Astronauts Eat Vegetables Grown in Space Register Now » 4 min read
Posted by Virtuoso Incubator chooses Explor VR platform for 2017 tech program Share << Previous PostNext Post >> NEW YORK — Virtuoso, the international network of luxury travel agencies, has chosen Explor VR, Travelweek’s virtual reality platform that launched nationwide in Canada last fall, as one of the emerging travel technology companies participating in its innovative Virtuoso Incubator program for 2017.The program aims to foster new technology and provide efficiencies that will ultimately help its travel agency members maintain a competitive edge. Hundreds of companies within the rapidly growing travel technology sector applied for the program. Only three, including Xplr VR, were selected for early admission.“We selected Explor VR for Virtuoso Incubator because its solution aligns with our goal of fostering emerging technologies that are focused on increasing efficiency and enhancing client service for travel advisors,” said David Kolner, senior vice president, Global Member Partnerships at Virtuoso. “From the outset, Explor VR has curated its content and platform so that advisors can convert quality leads and offer an experience to travellers like never before. Virtuoso wanted to offer our members a chance to pilot this kind of technology, giving them the opportunity to be among the earliest adopters of virtual reality in the industry.”More news: Marriott Int’l announces 5 new all-inclusive resorts in D.R. & MexicoExplor VR is the world’s only virtual reality app designed specifically for travel agents. It has curated a collection of virtual reality experiences based on what travel agents sell most, so that they can use the technology to showcase destinations and travel products to their clients in a fun and interactive way. The app is free for agents, with only a nominal investment required for an affordable headset.The app’s admission into the Virtuoso Incubator program demonstrates the mass-market interest in cutting-edge VR technology, and how it applies to the travel industry specifically. Since its launch, travel agents have been eager to embrace the new technology, which they say gives them a competitive edge over online OTA’s when engaging with clients.“The future of travel industry marketing is with virtual reality,” Kolner said. “The sensory experience of virtual reality can make the travel discovery process immersive, productive and fun. Explor VR is bringing visual marketing to the eyes of prospective travellers and then placing the traveler in the hands of expert Virtuoso advisors. It is this perfect union of human connection and technology that we wanted to pilot with our travel advisor members.”More news: Flights cancelled as British Airways hit by computer problemThrough its Incubator program, Virtuoso is leading the charge in improving the customer experience by attracting technology solutions to the travel industry. Participating companies benefit from the guidance of the Virtuoso travel consultant-based Advisory Panel, which tests the product, provides real-world feedback and allows the company to continue iterating its product to better meet the needs of travel agencies, advisors and clients.On being selected for the program, Devin Kinasz, President of Explor VR and Director of Digital Strategy at Travelweek, said: “We are excited Virtuoso is so supportive of this great new technology for travel agents and look forward to engaging with their agents and suppliers, who will undoubtedly have valuable insight. We see great potential for virtual reality in the luxury market, which has some fabulous, out-of-this-world products that consumers will definitely want to see in virtual reality, as well as reality.”For more information, go to virtuoso.com/incubator or explorvr.com/. Friday, February 3, 2017 Tags: Explor VR, Technology, Virtual Reality, Virtuoso, Xplr VR Travelweek Group