Adhil Shetty

The days of waiting in a queue for foreign exchange is over, with technology making global travel a lot easier for you. All that you need is a credit card. However, any technology would have some loopholes that might burn a hole in your pocket at times. So it is wise to keep yourself updated about such loopholes to ensure that your liability does not shoot up. This homework may also give some extra leverage for your spending budget on your foreign trip.
One of such major drawbacks in the use of the international credit card is the dynamic currency conversion (DCC) or cardholder Preferred Currency (CPC) service. Let’s understand the problem and try to figure out a strategy to avoid it.

While defending the action against former Isro chief Madhavan Nair and three others, minister of state in the PMO, V. Narayanasamy tells Rashme Sehgal the final word hasn’t been said on the issue. Dr Nair is free to appeal to the PM.

Former Isro chief Madhavan Nair tells B.R. Srikanth he will release a ‘white paper’ on the Antrix-Devas deal to counter the government’s charges and action against him and three former Isro colleagues.

Behind the veil of secrecy that obfuscates the Indian government’s unprecedented action against a celebrated space scientist, Gopalan Madhavan Nair, and his former colleagues, are a plethora of questions that beg answers. The main question is this: Is there a scam at all in the allotment of satellite transponder capacity — not spectrum, as is being commonly misinterpreted and misunderstood to equate it to the 2G telecom scam — by ISRO’s commercial arm, Antrix Corporation, to a private company, Devas Multimedia Pvt Ltd? Or, are Dr Nair and the others being hung out to dry in a hurry over a perfectly legitimate affair, admittedly suffering from procedural lapses, because the UPA-II, already reeling under a series of scams, does not want to be hit by allegations of inaction on yet another one?

For the first time in Rajasthan, the district administration has slapped a fine on its own officials, including a sub-divisional magistrate (SDM), for delay in delivering things to a farmer in Bikaner district under the Rajasthan Public Services Guarantee Act (RPSGA).

In the first ever case of capital punishment in a drug crime, a special narcotics court here has awarded death penalty to a person while sentencing an African national to 15-years of rigorous imprisonment.

Mel B is considering moving to Australia. The former Spice Girls singer “fell in love” with the country following her recent stint staying in Sydney while working as a judge on The X Factor and now that she is selling her Los Angeles home, she and husband Stephen Belafonte are thinking of permanently relocating Down Under with their children.

The infighting that has been eating into the Congress party in Jammu and Kashmir for quite some time now grew worse with a senior party leader publicly seeking to implicate another, who is a minister in the National Conference-Congress coalition government, in cases of bribery and fraud and the latter threatening to sue him.

Claire Danes was honoured with the Hasty Pudding Theatricals 2012 Woman of the Year award at Harvard University recently.

A magisterial probe has begun into the violence by workers of a private factory in Yanam, an enclave of Puducherry in Andhra Pradesh, that led to the lynching of a top official of the unit after a union leader allegedly died in police action.
The management of violence-hit Regency Ceramics, a tile manufacturing unit, has however demanded a CBI probe.
Sources in Puducherry said prohibitory orders under Section 144 CrPC were clamped in the area.