Salinas Valley in San Francisco is adapting to a new technology in its agriculture. Robots with water knives have come into the picture. With increasing population and an ageing workforce,automation is a necessity to feed the mass. The technology does not aim to replace the farmers, but it works hand in hand for rapid effective production. The firms are modifying their products to cope up with the technology. Soil sensors are used to tackle the crisis of water. The ocean level is rising and with the ever-growing population,automated farming is the only way forward and Salinas Valley will be the pioneer of a revolution that is set to take place around the globe.Read more at: https://www.wired.com/2017/05/robots-agriculture/

State Bank of India (SBI), the largest public bank of India, has raised its Monthly Average Balance (MAB) from 500 to 5000,3000,2000,1000 in metros, urban, semi-urban and rural areas respectively. ATM transactions will be charged at 25 per transaction for savings accounts. Moreover, there are charges for transactions through bank correspondents and IMPS transfers. Locker rents too have risen and check books will be levied at 3 per leaflet after 50 checks in a financial year. An enrollment fee will be charged for new savings account and SMS charges of 15 per quarter will be applicable as before. As a whole,SBI customers have to bear a little extra burden in this year effective from June 1,2017. Read more at: https://blog.bankbazaar.com/must-know-sbi-new-rules-effective-from-1st-april-2017/

Manchester United has overtaken Real Madrid to become Europe's most valuable club in terms of enterprising value. Real Madrid and FC Barcelona are in the second and third places respectively. Manchester United's value crossing the record 3 billion euro mark even after finishing 6th in the recently concluded English Premier League delineates the ever growing popularity and fan base of the English giants. The phenomenal achievement of the English clubs is mainly because of the extraordinary broadcasts.Chelsea,Liverpool,Manchester City,Tottenham Hotspur and Arsenal feature in the top 10 from England along with Bayern Munich from Germany and Juventus from Italy.Read more at: http://www.independent.co.uk/sport/football/european/manchester-united-real-madrid-barcelona-arsenal-liverpool-most-valuable-club-europe-a7764636.html

Low-tech micro finance institutions(MFI's) can capture the base-of-pyramid(BoP) population effectively. Taking the client's need into consideration from a sympathetic mindset, traditional MFI's have proved that high-tech credit providers are their complements and not substitutes. High-tech services can serve a very low percentage of the targeted population because of its prerequisites of smart technological availability which is still a rarity. Small transactions can be met by the high-tech system, but for larger needs, clients prefer face-to-face interaction. Fintech in micro finance is not experimented and it must consider the basic criterion that has enabled the success of MFI's-provide credit responsibly and productively rather than a simple profit-generating motive. Read more at: https://cfi-blog.org/2017/05/11/fintech-in-microfinance-in-search-of-the-high-tech-high-touch-unicorn/#more-23611