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Latest Blog
'Pay and use' ATMs Coming soon in your Location 'Pay and use' ATMs Coming soon in your Location
Posted by WellWisher 17 February 2012 under Business & Economy
Accessing automated teller machines (ATMs) especially those located in far-flung areas, will soon be a thing of the past with the Reserve Bank of India (RBI) allowing non-bank entities to own and operate ATM networks across the country. It comes as a boon for account holders staying in rural and semi- urban areas. White Label ATMs (WLAs), popular in developed countries, will be rolled out soon by the corporate sector. RBI has sought views of banks whose ATM cards would be accepted at WL READ MORE
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Burning Money Burning Money
Posted by casanova 09 April 2011 under Science & Technology
This is a neat 'magic trick' that illustrates the process of combustion, the flammability of alcohol, and the special qualities of the material used to make currency.In the burning money demonstration, paper currency is on fire yet is not consumed by the flames. Scientific Concept behind Burning Money: A combustion reaction occurs between alcohol and oxygen, producing heat and light (energy) and carbon dioxide and water. C2H5OH + 4 O2 -> 2 CO2 + 3 H2O + energy When the bill is soa READ MORE
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