Enchanted Capital

first_imgWhen we think about magic, we think of a magician pulling a rabbit out of his hat. Delhi Tourism’s third International Magic Festival presented the history of Indian magic to the audience along with experts dishing out pointers about being a mentalist.Audience consisting of mainly children along with their parents were amused to see magicians pulling things of thin air. They also got a chance to learn a few magic tricks themselves in the magic teaching classes conducted by the organisers. Also Read – ‘Playing Jojo was emotionally exhausting’The crowds was thrilled to witness the variety and the quality of magic acts in the festival. The street magic shows and stand-up magic shows were on throughout the day.  Day two was marked by performance of various mentalists and their elaborate explanations about their art; they follow a doctrine that says that the mind is the true reality and that objects exist only as aspects of the mind’s awareness. A fancy dress competition was conducted on the theme of Halloween, magic and tourism where children were dressed as various spooky characters and magicians as well. It was followed by a magic competition for below 16-year-old children.  Also Read – Leslie doing new comedy special with NetflixThe performances by International Magicians from Malaysia and Poland starred  as the biggest attraction during the festival. Magic Quest from Malaysia performed a Classical Magic act which was based on Indian music while magician Jakub from Poland enthralled the audience with his unique stand up comedies.A special exhibition area was devoted to showcasing the artefacts of magic. The festival concluded on 29 September. Sunday with prize distributions and some more magical performances. We can’t wait for next year!last_img read more

Party rejected my offer to quit as CM says Mamata Banerjee

first_imgKolkata: Forty-eight hours after the Lok Sabha election results were announced, West Bengal Chief Minister Mamata Banerjee finally broke her silence. At the first press conference held by Banerjee the after poll results were announced, she said that she offered to resign from the post of Chief Minister, however, her party, All India Trinamool Congress, did not endorse it. “The first thing that I had said in the meeting was that I want to resign and only continue as the party president. But, my party leaders and workers did not endorse it,” Banerjee said. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataBanerjee made a few structural changes following the review meeting she held on Saturday at her Kalighat residence. It was attended by all elected MPs of her party, district presidents and senior leaders. The party supremo added that she would, henceforth dedicate more time to her party than to the government. “I have fulfilled my election manifesto. We have delivered all our promises. It’s now time to focus and dedicate more time to the party,” she said.(With inputs from DNA)last_img read more

Your neighbourhood may make you obese

first_imgMoving to a neighbourhood with a high obesity rate is likely to make a person become overweight, say researchers who suggest that your social circles can inadvertently influence your weight. “Social contagion in obesity means that if more people around you are obese, then that may increase your own chances of becoming obese,” said Ashlesha Datar, a senior economist at University of Southern California in the US. “In other words, living in a community where obesity is more common can make sedentary lifestyles, unhealthy eating and overweight or obesity more socially acceptable,” said Datar, one of the authors of the study published in the journal JAMA Pediatrics. Also Read – Add new books to your shelfObesity is linked to many factors, including eating and exercise habits, genetics and the environment. Research shows that living in certain communities carries a higher risk of obesity than living in other communities, but this association has been challenging for scientists to explain. Researchers studied military families to assess whether living in communities with greater obesity increased their own risk of being overweight or obese. Also Read – Over 2 hours screen time daily will make your kids impulsiveMilitary families, they reasoned, cannot choose where they live –rather, they are assigned to installations. Some of those installations are in counties with higher rates of obesity. “We found that the families assigned to installations in counties with higher obesity rates were more likely to be overweight or obese than those assigned to installations in counties with lower rates of obesity,” Datar said. The researchers recruited families of US Army personnel at 38 military installations in the country to participate in surveys and measurements. In all, 1,314 parents and 1,111 children participated. Three-fourths of the parents and about one-fourth of the children were overweight or obese – reflective of the national rates. Researchers found that the family’s risk of obesity may increase or decrease, depending on the county obesity rate where they live. Moving to a county with a lower rate decreases the family’s chances of becoming overweight or obese. To assess whether shared environments could explain these results, the study accounted for extensive data on the food and activity opportunities in the county and neighbourhood, such as gyms and grocery stores.last_img read more

Bitcoin The Swindle of the Century

first_imgSeptember 7, 2018 The frenzy around Bitcoin is at a fever pitch, and the reasons are obvious. Its value has skyrocketed over the past year, making millionaires out of early adopters. In its wake, thousands of would-be investors and coin creators are getting in on the action.Related: 6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin)A quick primer for the uninitiated: Bitcoin is the most well-known and highly regarded of digital assets known as cryptocurrency. It’s presented as an alternative to traditional paper money, with speculative investors buying and selling fractional amounts of Bitcoins (which, as of this writing, are valued at over $6,000 per coin, way down from last December’s high of $19,783) with hopes that their value will rise. Its blockchain-backed anonymity and rocketing valuations have inspired a mass of imitators, each hoping to be the one that truly breaks through and replaces traditional money.For such a recent phenomenon, it may surprise some to learn that Bitcoin has existed since January 2009, created by a (possibly fake) Japanese developer named Satoshi Nakamoto. The dubious reality of its creator is appropriate for reasons I’ll get into later. Whether Nakamoto is an actual person, it’s completely true that “his” creation has dictated the conversation about the future of money and investing in the post-2009 crash era.Possibly the most impressive thing about crypto is how heavily major banks, accounting firms and even consumer corporations have bought into the craze in the near decade since. These big-name endorsements certainly make Bitcoin and other cryptocurrencies seem like a sure bet, but a cursory look beneath the surface reveals a lot of false promises and hype, with a need to dig a little deeper in order to see the real benefit of the crypto craze.Related: Why You Can’t Afford to Ignore Cryptocurrencies and Blockchain AnymoreThe BS of BitcoinIt’s not only the idea that Bitcoin will replace the existing currency system that’s extremely questionable. The entire idea of investing in cryptocurrency is where the real swindle happens.Investors, probably more so than any other group of people, are in love with the idea of getting in on the next big thing before it blows up. This isn’t breaking news: It’s how our money’s made. From VC to armchair investors, the idea is to buy in when prices are low and sell when they are high. So, it’s only natural that an unregulated and complex field like crypto attracts a lot of excitement for a certain type of investor, maybe someone who’s not as money-savvy but has caught on to the transformative power of the internet. The online aspect only democratizes it further: When anyone can buy in, anyone can profit.Which is where things get troubling. At the heart of it, cryptocurrency is a fraud. We’ve all been sold on Bitcoin as the official future currency of the internet, its evangelists painting a picture of a world where our spending is safely anonymized and no longer subject to the whims of international bankers and governments. A number of retailers have bought in as well, meaning Bitcoin can buy you anything from a hotel room to pizza delivery. Sounds great, sure, but at its essence, crypto has proven to be something else entirely.It’s not a true medium of exchange the way that government bank-backed paper money is. Bitcoin is an asset, and a particularly dangerous one to drop any amount of your investment money into. While it can be exchanged for goods, these transactions amount to barter deals with opportunistic retailers who are likely more eager for the publicity that comes with announcing they’ll accept Bitcoin. You don’t have to take my word for it: No less an authority than JPMorgan CEO Jamie Dimon has identified crypto as a bubble just waiting to bust. When that does happen, good luck paying for your pizza with whatever’s left.Even outside of the volatility of the currencies themselves, that Wild West atmosphere has proven a fertile ground for scammers. Old fashioned Ponzi schemes have gotten a 21st-century facelift thanks to criminals taking advantage of the Bitcoin craze, collecting funds for Initial Coin Offerings (ICOs) that never materialize. Fittingly for a currency that got its start abetting anonymous drug and weapons deals on dark web trading posts, unscrupulous operators have flocked to Bitcoin as their latest medium for ripping off the uninitiated. Consider yourself warned.Related: How Digital Wallets and Mobile Payments Are Evolving and What It Means for YouThe real benefitWhile Bitcoin as an investment is radioactive and not to be touched, it’s not the case that the whole cryptocurrency movement hasn’t created something of real benefit. The dangerous part of Bitcoin is in the unpredictability of the human element in the form of deceptive labeling and scams. The technology underpinning it all, free of hype and deceptions, is surprisingly trustworthy.The “crypto” in cryptocurrency comes from cryptography: the encryption technology that makes bitcoin transactions secure. Not only that, but all secure online activity is safe through the use of encrypted lines of code that can’t be broken by third parties. The encrypted ledger of Bitcoin transactions, known as blockchain, represents the safest data transfer medium ever created online. Burying your gold coins in the backyard was never this secure.The blockchain works because it isn’t stored on one central server: To alter its code would mean compromising a number of machines across a wide network, a near-impossible task for even the craftiest hacker. This level of security in transactions makes blockchain useful not only for ethereal assets like cryptocurrencies but real-money movement by banks and individuals alike.Once the Bitcoin craze blows away, we’ll be left with a truly transformative tool: a new, safe way to conduct business online. The evangelists weren’t completely wrong, only misguided. The bitcoins themselves won’t be changing our world, but the blockchain built to host them absolutely will. Register Now » Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 6 min read Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Opinions expressed by Entrepreneur contributors are their own.last_img read more