Page 91 - IACC Newsletter August-September 2013 Issue 13

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Raj's team has invented a technique to track the inner working of the cells - after all how genes are expressed in a cell
makes the difference between whether the cell will be healthy or sick or whether it will be a neuron or a cardiac muscle.
"Raj (and his team) also discovered that in genetically identical worms, varying levels of gene transcription (the process of
copying of genetic information from a DNA molecule to a messenger molecule) could mean the difference between a long
life and an early death," the magazine reports. This greater understanding of how cells work can make a lot of difference
to the study of cancer. Notes Raj: "I think that understanding science in general is very important for everyone. Everything
in our lives is becoming more and more quantified and automated. The more you know about science, the more you can
take advantage of these developments." Raj's all-time favorite scientist is Sir Isaac Newton, whom, he says, not only made
enormous leaps in science, but in many ways also defined our approach to modern science. "Of people I've personally
encountered, I would say my graduate advisor; Sanjay Tyagi (is my favorite). I think he's an absolutely brilliant scientist,"
says Raj who unwinds by spending time with his family.
For him, freedom is the ability to pursue ideas for one's own sake. "This is the mark of all the truly advanced civilisations
throughout history. But it can only happen in stable and prosperous societies. I am fortunate to be in such a situation,"
says he. Others on the Brilliant Ten list include design engineer Pedro Reis of MIT; Caltech astronomer Heather Knutson;
MIT biologist Feng Zhang; Virginia Tech professor David Schmale; techie Juston Cappos (Polytechnic Institute of New York
University); chemical engineer Andrea Armani; Nicolas Fontaine of Bell Labs; Scott Collis of Argonne National Laboratory;
and microbial ecologist Mya Breitbart of University of South Florida.
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Chidambaram to woo FIIs, hedge funds in the US
Finance Minister P Chidambaram will woo foreign investors to invest in India as he begins his nine-day visit to the US on
Tuesday. He will be in the US to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank.
The visit comes at a time when the US is facing a shutdown over the federal Budget and debt ceiling. Though there are no
immediate fears of a flight of capital from the emerging markets as the Federal Reserve might not start tapering its $85-
billion a month bond-buying programme till January, India would try to convince investors to stay invested in the country
and get higher returns.
As India’s foreign exchange reserves have dipped by $15 billion since March, to $276 billion as on September 27, the
finance minister will meet foreign institutional investors and hedge fund managers in San Fransisco on October 14. He is
likely to assure investors that the fiscal deficit and current account deficit this year would not breach the target of 4.8 per
cent and 3.7 per cent of gross domestic product, respectively, and the economy was expected to grow at a higher pace
after falling to a decadal low of five per cent in 2012-13 and expanding by merely 4.4 per cent in the April-June quarter this
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US firm to launch outcome-based learning in India
A Karnataka-based educational conglomerate has teamed up with a US communications firm to implement outcome-based learning
methodology and to link faculty, students, industry and alumni under a single web-based platform.
A Karnataka-based educational conglomerate has teamed up with a US communications firm to implement outcome-
based learning methodology and to link faculty, students, industry and alumni under a single web-based platform. People
Educating Society (PES), a Bangalore company that runs universities, colleges and high schools in Karnataka, will use the
Social Enterprise Platform of Cleveland-based Club VA that will help in assessment of students and teachers, evaluation
and recruitment of students for jobs, according to Sudhir Achar, CEO of Vantage Agora (VA).
To help achieve this target, People Educating Society (PES) has engaged with Vantage Agora (VA) and the programme will
be implemented in the Club VA platform for all their campuses. PES Chronicles (Club VA) will be the system of control that