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Monday, October 15, 2012

The Times of India Daily Newsletter

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October 15, 2012

Top Headlines

US duo Alvin Roth and Lloyd Shapley win Nobel Prize in economics
The Royal Swedish Academy of Sciences cited the two economists for "the theory of stable allocations and the practice of market design".

Centre has not followed legal route for FDI in retail: Supreme Court
The Supreme Court said the FDI policy suffers from "curable" irregularity of want of legal sanction and asked RBI to amend FEMA regulations.

Kejriwal suspends protest, says next expose on October 17
In a surprise move, Arvind Kejriwal announced on Monday afternoon temporary suspension of his agitation against Union law minister Salman Khurshid.

Cities

18 women rescued from flesh trade rackets in Chennai, 11 arrested
Anti-vice squad sleuths on Sunday arrested 11 people for running prostitution rackets in the city. Police also rescued 18 women, who were forced into prostitution.

Indian Navy helicopter crashes in Goa, 3 reported killed
A Chetak helicopter of the Indian Navy crashed near the naval airfield at Dabolim on Monday.

Business

Slowdown over, growth recovery in six months: Montek
Basing his optimism to the pick up in the August IIP numbers as also in the recent PMI surveys, Montek Singh Ahluwalia said there are signals of an up-tick.

Align domestic fuel prices with global rates: President
The government had in June 2010 freed petrol price from its control and agreed to free diesel rates in a calibrated manner.

Sports

Cancer survivor Yuvraj hits 208 in comeback
The left-hander hit 33 boundaries and three sixes for North Zone on the second day of the four-day Duleep Trophy semifinal against Central Zone in Hyderabad.

Ex-Kiwi great Martin Crowe diagnosed with cancer
Former New Zealand cricket captain Martin Crowe has been diagnosed with lymphoma, a cancer of the immune system, media reports said.

Entertainment

Mumbai Film Fest 2012 to kickstart from October 18
The festival is set to get more exciting with the announcement of opening film, Silver Linings Playbook that stars Bradley Cooper, Jennifer Lawrence and Anupam Kher.

Katie Holmes moving on post-split with Tom Cruise
Katie Holmes, who announced her split from Tom Cruise a few months ago, hates being a single girl and is ready to find a new man, it has been revealed.

Infotech

Google maps to have information on Himachal polling stations
In a first, the Election Commission has sought to help voters in poll-bound Himachal Pradesh to find the nearest polling stations on internet, an official said.

Alcatel-Lucent to cut 1,000 jobs in India
The company will lay off nearly 1,000 employees as part of a global restructuring drive to cut costs as deals dry up and demand for network equipment plunges.

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