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Indian rupee gets a symbol, joins elite currency club

The Indian rupee will soon have a unique symbol — a blend of the Devanagri 'Ra' and Roman 'R' — joining elite currencies like the US dollar, euro, British pound and Japanese yen in having a distinct identity.

The new symbol, designed by Bombay IIT post-graduate D Udaya Kumar, was approved by the cabinet today — reflecting that the Indian currency, backed by an over-trillion dollar economy, was finally making its presence felt on the international scene.

"It's a big statement on the Indian currency... The symbol would lend a distinctive character and identity to the currency and further highlight the strength and global face of the Indian economy," Information and Broadcasting Minister Ambika Soni told reporters after the cabinet meeting.

Though the symbol will not be printed or embossed on currency notes or coins, it would be included in the 'Unicode Standard' and major scripts of the world to ensure that it is easily displayed and printed in the electronic and print media.

Among currencies with distinctive identities, only the pound sterling has its symbol printed on the notes.

Unicode is an international standard that allows text data to be interchanged globally without conflict. After incorporation in the global and Indian codes, the symbol would be used by all individuals and entities within and outside the country.

The symbol will be adopted in a span of six months in the country, and within 18 to 24 months globally, Soni said, adding that it will feature on computer keyboards and softwares for worldwide use.

Soni said that the symbol, which reflects the Indian ethos and culture, would help distinguish the currency from the rupee or rupiah of other countries like Pakistan, Nepal, Sri Lanka and Indonesia.

Besides this, state governments would be asked to proactively promote the use of the new symbol, she added.

Kumar's entry was chosen from 3,000 designs competing for the currency symbol. He will get an award of Rs 2.5 lakh.

"It is a perfect blend of Indian and Roman letters — capital 'R' and Devanagri 'Ra' which represents rupaiah, to appeal to international and Indian audiences... My design is based on the tricolour, with two lines at the top and white space in between," a visibly-happy Kumar said.

Fire at oil depot in Jaipur; 5 killed, more then 100 injured

Five persons were killed and at least 90 people injured when a massive fire broke out in an oil depot in Sanganer area in Jaipur on Thursday night. Many of the injured are reportedly in critical condition.

All four oil containers at the depot have exploded due to the fire.

Two villages in the vicinity have been evacuated and people in one km radius have been asked to stay out. Efforts are still on to douse the fire but is not yet under control.

The Indian Oil Corporation has said that the fire broke out due to leakage in petrol pipeline. The IOC has meanwhile sent teams to Jaipur from Delhi and Mumbai.

Meanwhile, fire tenders have been sent to oil depot from Mathura.

Rajasthan chief minister Ashok Gehlot has appealed to Union Petroleum Minister Murli Deora for help; And 80 Army Jawans have been helping in the rescue operation.

The oil depot contains about 80-90 lakh litres of fuel products however, exact extent of damage has yet to be assessed.

13 years old boy could get 21 years in US jail

He is the youngest person to be accused of robbing a bank that many in this midwestern US town can remember, and now he could end up spending a good chunk of his life behind bars.

A judge in the juvenile court, noting the premeditation and the “extremely aggressive” manner in which Denote Moore, 13, pointed an unloaded handgun at several bank tellers last month, ordered his case be moved to adult court.

The mid-day heist on April 13 shocked many in this Rust Belt city.

Sheriff Michael McCoy said Moore was the youngest person to be arrested for bank robbery in his 37 years on the force. A prosecutor said he could not remember another such case in his 19 years of work.

The move means a potential prison sentence for Moore of 21 to 45 years.

Had the case remained in the juvenile courts, Moore’s imprisonment would have ended on his 21st birthday.

The robbery occurred at about 11:35 am.

Moore was arrested within 30 minutes after hiding in a garage only a few blocks away from the bank. His clothing was stained red from a dye pack that had exploded in the pillow case where tellers had put the money.

Moore told police he thought he had been shot, hearing the pop and seeing a big puff of red smoke.

The teen told police he had run away from home a month earlier and was stealing to get money for “clothing and stuff.”

Illinois law allows a juvenile to be tried as an adult if he or she is older than 13 and a judge finds “it is not in the best interest of the public” for the minor to remain in the juvenile justice system. Moore will turn 14 next month.

The judge, noting Moore was on probation and failed to comply with counseling and missed several appointments with his probation officer, found the boy to be a poor candidate to work with officials further.

An estimated 200,000 juveniles are tried, sentenced or incarcerated as adults every year in the United States, according to the Campaign for Youth Justice.

An average of 7,500 juveniles are incarcerated in adult jails at any given time and 40 states allow youths charged as adults to be held in adult jails while they wait for their case to be heard.

Killer rabbits attack snakes (video)

A PAIR of rabid rabbits has been caught killing a series of snakes near Cairns.

For three weeks Armando Del Manso believed his dog was responsible for the dead snakes showing up with teeth marks all over them on his East Barron property’s lawn each morning.

But it turns out it was a pair of rampaging rabbits killing the snakes.

The 42-year-old boilermaker first made the discovery Tuesday night when he spotted the two wild rabbits attacking a king brown snake.

“The snake was raised up in the air in the striking position and the two rabbits worked their way around him and killed him in two minutes,” Mr Del Manso said.

“I’m gobsmacked, it’s absolutely incredible.

“We were watching from the veranda with a spotlight, and I thought, who is going to believe this, they’ll think I’m crazy.”

Wildlife expert Paul O’Callaghan of the Cairns Wildlife Safari said it was the first time he had heard of rabbits attacking snakes.

See video