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Tuesday, January 19, 2016

News Digest: 50% margin cap on chemists' profit?

THE TIMES OF INDIA
Wednesday, January 20, 2016
Today's Headlines

50% margin cap on chemists' profit?
In a move that could significantly bring down prices of medicines, the government is planning to cap the margin of chemists and wholesalers at 50%, sources said.

Maharashtra cops trying to save David Headley: Abu Jundal
Abu Jundal, accused in the 2611 attacks, has opposed the police's application seeking documents pertaining to David Coleman Headley , the Pakistani-American Lashkare-Taiba terrorist and fellow accused, from a Delhi court.

Govt to adopt Odisha model to fortify midday meal rice
The Centre is looking to take forward the rice fortification model of Gajapati district in Odisha to other parts of the country to deal with nutritional deficiency among schoolgoing children through midday meal scheme programme.

More India News»

Reform move: Govt aims to halve pending tax disputes
The government plans to halve pending tax disputes as it looks to make the tax administration citizen-friendly.

RIL Q3 net up 39% to record Rs 7,290cr
Reliance Industries' (RIL's) third quarter (Q3FY16) consolidated profit rose 39% to a record Rs 7,290 crore ($1.1 billion), boosted by the highest refining margins in seven years.

SC restrains govt from divesting HZL shares
In a setback to the government's disinvestment plans, the Supreme Court on Tuesday stalled the proposed sale of its 29.5% equity in Hindustan Zinc (HZL), the erstwhile public sector company where Anil Agarwal's Vedanta is now the majority owner.

More Business News»

Plenty of fish in the sea? Maybe not, says study
The global fisheries catch has been underestimated by more than half since 1950, with tens of millions of tonnes unreported every year, said a study on Tuesday, and warned that stocks may be running low.

Pneumonia kills Uttarakhand leopards
Forest conservator of north Kumaon Prem Kumar has told TOI that in the year 2014-15, 13 of 24 leopard deaths in the four hill districts of the region — Almora, Bageshwar, Champawat and Pithoragarh — occurred because of pneumonia.

Climate extremes threaten Australia's wine industry
Winemakers in Australia's oldest growing region fear a ruined harvest after heavy rainfall, while vineyards in the country's west are under threat from bushfires, undermining efforts to recover from a near decadelong run of lower exports.

More Environment News»

Sarah Palin endorses Donald Trump for president
Sarah Palin, the 2008 vice presidential nominee who flirted with her own White House run and emerged as a conservative icon, endorsed billionaire businessman Donald Trump for president on Tuesday.

IS confirms death of 'Jihadi John' in Syria drone strike
The Islamic State group confirmed Tuesday the death of British jihadist "Jihadi John", saying he was killed in a drone strike in their Syrian stronghold of Raqa in November.

Colombian govt, FARC rebels ask UN to monitor peace
Colombia's government and FARC rebels said Tuesday they have asked the United Nations to monitor the eventual end of their five-decade conflict and the disarmament of the Marxist guerrilla group.

More World News»

Sunny: I will never walk out of an interview
A round of applause for Sunny Leone. For standing tall and proud for the choices she has made and the person she is....

Salman Khan items we should keep in a museum

Salman visits hospital to see Nikhil's newborn
Salman Khan caught the attention of an entire suburban neighbourhood when he rode to wish Nikhil Dwivedi on his stylish black motorcycle.

More Entertainment News»

Decoded: Why humans can't climb walls like Spider-Man
Humans would need adhesive pads covering 40% of their body in order to walk up a wall like Spiderman, according to a new Cambridge study that may lead to development of largescale, gecko-like adhesives.

Now, wireless & dissolvable sensors to monitor brain
Scientists have developed wireless sensors that monitor pressure and temperature inside the brain and then are absorbed by the body, negating the need for surgery to remove the devices.

North Korea invents first no-hangover booze
North Korean scientists claim to have invented the world’s first hangover-free alcohol, adding that drinkers love it because it makes them look suave.

More Science News»

India aim to salvage pride, Australia to extend dominance
A team in transition after winning the World Cup last year has key combinations to lock and inexperienced players to test, Australia will view the fourth and fifth ODIs as further chances to shape a winning unit.

Watch: Kohli tells fans he is still a work in progress
He surpassed legends like Tendulkar to become the fastest to reach 7000 runs and 24 ODI centuries but Kohli said as a cricketer he is "still very much a work in progress".

Record number of managers axed in England: Report
The statistics show that 29 managers were sacked between June 1 and December 31 last year, two more than the previous high of 27 by the same point in the 2014-15 campaign.

More Sports News»

33 toughest Apple job interview questions
Here's to some of the toughest interview questions that candidates have been asked in Apple job interviews

20 top online master's programmes for engineers
US News & World Report recently published its 2016 list of the best online graduate engineering programmes by looking at student engagement, faculty credentials and training, student services and technology, peer reputation, and admissions selectivity. Here's over to the top-20 online engineering programmes for grad students.

Zen Cinemax 2 Review: A 3G smartphone at an affordable price
Zen launched its smartphone Cinemax 2 priced at Rs 4,199. We bring you a detailed review of the smartphone with its pros and cons.

More Technology News»

CA success rate dips by 2.5%
After a steady rise in the success rate of students in the final chartered accountancy (CA) exam in the last three chances, the performance of students dropped in the November 2015 exam.

With 595/800, Chennai boy ranks 1st in CA exams
A chartered accountancy aspirant from Chennai, James John Britto, topped the CA final examinations that the Institute of Chartered Accountants of India (ICAI) held last November and December last year in the results declared on Sunday.

ICAI declares results of the CA final and the Common Proficiency Test
James John Britto R of Chennai emerged first in the all India ranking for the CA Final exam conducted by the Institute of Chartered Accountants in India (ICAI) in November, 2015. The results of this exam were declared on Sunday.

More Education News»

Don't be lax in acting against illegal shrines, HC warns state
The Bombay HC on Monday cautioned the Maharashtra government about any laxity in acting against post-September 2009 illegal religious shrines across the state saying it would take a “serious view” of it.

HC to finally hear chikki PIL on Feb 8
The Bombay high court will finally hear on February 8 a public interest litigation that has questioned chikki contracts in the state after putting on hold any payment to the supplier.

BMC may not get extension for revision of DP after May
Almost a year after the controversial Development Plan (DP) 2034 was released last February, the city is yet to get a revised plan. Senior government officials said that the BMC’s draft DP 2034 has got another extension till May 31. However, after May, it’s unlikely that the civic body will get any further extensions, said government officials.

More Mumbai News»

Cops foil terror strikes in NCR, Haridwar by global outfit
Indian intelligence agencies and Delhi Police’s special cell have busted the first ever module of a global terror outfit and arrested at least three operatives from north India, in the process thwarting a major strike being planned by the group, sources said.

DERC cites 'terror threat' to deny RTI info
The capital’s power regulator, Delhi Electricity Regulatory Commission, has cited ‘threat from terrorism’ among reasons to deny information under RTI on the movement of official vehicles used by its members, secretary and three executive directors.

Max temp dips, fog through the day
The winter has set in and how. Delhi recorded a maximum temperature of 15.7 degrees Celsius, two degrees below normal, and a minimum temperature of 8.9 degrees Celsius, two degrees above normal on Tuesday. The city experienced moderate to dense fog which did not improve through the day.

More Delhi News»

BMRCL claims to stick to June 2016 deadline
Post March 2016, you can travel from Byappanahalli to Mysuru road and back in 33 minutes only, or reach Majestic from both east and western ends of the city. Bangalore Metropolitan Rail Transport Corporation (BMRCL) promises that the east-west corridor will be thrown open for public by March 2016.

Union minister Ananth Kumar flays Maharashtra CM's statement
Ananth Kumar, union minister for chemicals and fertilizers suggested Maharashtra chief minister Devendra Fadnavis not to make statements, which create unrest in border area.

CM avoids meeting North Karnataka farmers over Mahadayi water dispute
The farmers of North Karnataka who came to Kanakavali of Maharashtra with high expectations of getting solution on Mahadayi water dispute had to experience disappointment, as the chief ministers of Mahadayi riparian states remained absent in spite of having been invited to share common dais by Konkan Jala Parikrama on Tuesday.

More Bangalore News»

Asad hits out at PM over his `silence'
Majlis-e-Ittehadul Muslimeen (MIM) president Asaduddin Owaisi on Tuesday lashed out at Prime Minister Narendra Modi for his silence on the tragic suicide of University of Hyderabad Dalit research scholar Rohith Vemula even as he lashed out the varsity vice-chancellor (VC) Appa Rao Podile and demanded his resignation.

Chaos at CRDA's awareness meet
Pandemonium prevailed at the farmers' awareness meeting on capital city master plan here on Tuesday.

Probe ordered into Gandhi Hospital botch-up
Days after trying its hands at a `heart transplant' and failing, the state run Gandhi Hospital will conduct an internal audit to study the reasons behind failure.

More Hyderabad News»

Another 41 Sri Lankan refugees return home
Forty-one Sri Lankan Tamil refugees in Chennai and Madurai returned home on Tuesday under a United Nations High Commissioner for Refugees facilitated repatriation programme.

With no work nearby, flood victims keep off tenements
As the city recovered from the Pongal revelry , there was little to mark the festivity within the dim corridors of the tenements in Ezhil Nagar, Thoraipakkam.

Only 50% of Chennai cos meet PF norms
A day after regional PF commissioner E S Durga Prasad was arrested on graft charges, it was business as usual at the PF office in Royapettah.

More Chennai News»

CID raids 12 offices of Ponzi firm across Gujarat
CID (crime) officials investigating a multi-crore scam raided 12 offices on January 18 and 19 in Ahmedabad, Kheda, Anand, Rajkot, Jamnagar, Surat and Vapi districts belonging to agents of Deep Capital Services Pvt Ltd and Jay Khodiar Mitra Mandal and collected computers and documents related to various schemes as evidence.

New ship recycling policy to revive Alang
The state go vernment on Monday anno unced a revised ship recyc ling policy in a bid to salvage the dwindling ship breaking business in Alang.

Realtors bet on 7th pay commission
As the Centre is preparing to implement seventh pay commission recommendations, real estate sector is expected to get a major boost.

More Ahmedabad News»

TOI@ Magh mela: 'Tilaks' catch fancy of visitors, pilgrims
Tilaks sported on the foreheads by saints, seers and even pandas have caught the imagination of millions of devotees and pilgrims, who have taken a holy dip in the ongoing pious month of Magh and sought salvation on the banks of Ganga in the ongoing Magh Mela.

Stamp on legendary poet Pant sold out within two weeks
In an overwhelm-ing response that shows the popularity of legendary poet Sumitranadan Pant even 38 years after his death, nearly 3 lakh commemorative stamps on him were sold out within two weeks of their release.

Devotees go hi-tech, submit 'Ram Naam' through app
Keeping pace with the technological advancements and showing its concern for the green cover, the Ram Naam Bank at Magh Mela campus has launched an app for devotees to write `Ram Ram' on their mobile and submit electronically at the bank.

More Allahabad News»

Odisha to set up automated vehicle, driving testing centres
Odisha state government has decided to set up automated vehicle inspection and certification centre and driving testing tracks to check pollution levels and road accidents. Fitness of vehicles and giving license to proper drivers would help in reducing vehicular emission and incidents of road accidents, said transport commissioner Chandra Sekhar Kumar.

10 bicycles stolen from event site
Ten bicycles were allegedly stolen from the Raahgiri event venue at Master Canteen Square here on Sunday.The Bhubaneswar Municipal Corporation (BMC) has lodged a complaint with Kharavela Nagar police station.

Hacker of Orissa University of Agriculture and Technology portal identified
Police on Monday identified a youth, who on January 15 hacked the official website of Orissa University of Agriculture and Technology (OUAT).

More Bhubaneswar News»

After dead fishes, dead tortoise found in lower lake
After the death of thousands of fishes at Lower Lake in November 2015 due to water toxicity crossing all levels, the death of 10-12 years old tortoise on Tuesday, has once again brought the cleaning work by Bhopal Municipal Corporation and their concern for aquatic lives in Lower Lake under the scanner.

Illegal tree felling: Govt suspends additional collector of Balaghat, no decision on former DM Kiran Gopal
Former collector of Balaghat V Kiran Gopal who was shunted out of the district for his alleged involvement in illegal felling of trees is believed to have got clean chit by the government. The administration has now identified the additional collector of the district S C Paraste as the main culprit and suspended him with immediate effect for his negligence into the case.

Cold wave grips Bhopal, may persist for another 48 hrs
Blast of cold weather and breeze struck city on Tuesday following a brief spell of heavy winter showers in evening the previous day. The difference between the day and night temperatures plummeted to a minimum of 4°C. The sudden change in the weather also led to reduced visibility during morning hours due to fog.

More Bhopal News»

Corbusier furniture stolen ahead of Hollande's visit
A theft of Le Corbusier’s furniture came to light on Monday, ahead of French President Francois Hollande’s visit to the city.

Gang involved in burglary in Gurgaon's Jain temple, unearthed, three arrested
Haryana Police on Tuesday arrested three members of a gang involved in the theft of idols from Jain temple, Shikohpur in Gurgaon and have recovered 25 idols from their possession.

Nag Tibba shows the way in farm tourism
The stunning picturesque location of Nag Tibba village of Tehri district, just 28 km from Mussoorie, is in buzz for unique experiment in realm of farm tourism in the state.

More Chandigarh News»

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