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Tuesday, April 15, 2014

News Digest

THE TIMES OF INDIA
Wednesday, April 16, 2014
Today's Headlines

Sulking Advani, Sushma give Karnataka rallies a miss
The absence of top BJP leaders L K Advani and Sushma Swaraj from Karnataka in the run-up to the April 17 elections has upset the state unit of the party.

Five-hour wait for Jaya Prada, then disappointment
Excited by the chance of getting a glimpse of the actress, villagers gathered early at the college where the rally was scheduled to be held.

Congress sees plot to tarnish Gandhis as inconsistencies in book surface
Smarting from PM’s former media adviser Sanjaya Baru’s allegations that Sonia Gandhi undercut Manmohan Singh’s authority , Congress leaders feel that glaring inconsistencies expose a deep set anti-Gandhi family bias.

More India News»

Diageo uncorks $1.9b offer to control USL
British drinks giant Diageo Plc is for the second time, within 12 months, gunning for a majority stake in India's largest distiller, United Sprits Ltd (USL).

Ben rejects Rajan's charge on QE impact
Former chairman of the US Federal Reserve Ben Bernanke chose Mumbai to extensively rebut Reserve Bank of India governor Raghuram Rajan's charge that quantitative easing in the West was laying the seeds of another crisis by triggering a savings glut in emerging markets.

Inflation surges to 3-month high of 5.7%
Inflation rose to a three-month high in March on the back of rising food prices, reversing a trend of moderation and stoking fresh worries for policymakers battling to stamp out price pressures.

More Business News»

Asian air pollution affecting Northern Hemisphere's weather patterns
Air pollution in China and other Asian countries is generating sweeping impact on weather patterns across the Northern Hemisphere, it has been revealed.

15-ft-long king cobra caught in Andhra Pradesh released in forest
The veterinarians, who examined the rare reptile, found it to be pregnant, forest officials said.

China set to elevate environment over development in new law
Smog-hit China is set to pass a new law that would give Beijing more powers to shut polluting factories and punish officials, and even place protected regions off-limits to industrial development, scholars with knowledge of the situation said.

More Environment News»

West Africa Ebola outbreak death toll rises to 121
An outbreak of Ebola in West Africa has been linked to the deaths of more than 120 people, according to the latest World Health Organization count.

Iraq shuts Abu Ghraib prison over security fears
Iraq has closed Abu Ghraib prison, made infamous by Saddam Hussein's regime and US forces, due to security concerns following a mass breakout last year, the justice ministry said Tuesday.

Mini-sub to search again for MH370
A mini-sub hunting missing Flight MH370 was set to sweep the Indian Ocean seabed again on Tuesday after cutting short its first mission, as Malaysia vowed to reveal any 'black box' data found.

More World News»

One day Dad will be known as Alia Bhatt's father: Alia
Bollywood newbies Arjun Kapoor and Alia Bhatt put on a show of fine camaraderie when they came to Jaipur.

Bollywood actresses in see-through outfits

Item girls slam politicians for comparing them to Arvind Kejriwal
Recently, many politicians, for reasons best known to them, have compared Arvind Kejriwal with item girls

More Entertainment News»

Sperms carry stress from dads to kids: Study
Men may not only pass traits to their offspring, but some stress too!

Bye street light: Now, a road in Netherlands that glows in dark
A first glow-in-the-dark 'smart highway' spanning 500 metres has been developed to replace street lights in the Netherlands.

Has Saturn given birth to new satellite?
Nasa's Cassini spacecraft has documented the formation of a small icy object within the rings of Saturn that may be a new moon probably no more than half a mile in diameter.

More Science News»

Players happy with Dada owning team
Players Syed Rahim Nabi and Ishfaq Ahmed welcomed Sourav Ganguly's decision to co-own the Kolkata franchise in anticipated Indian Super League.

Lukas helps Arsenal regain top four spot
Arsenal came from behind to keep alive their hopes of qualifying for Champions League as Lukas Podolski's double inspired a vital 3-1 win over West Ham United.

'Misbehave & you won't make WC squad'
Italy coach Cesare Prandelli has warned that players won't be considered for the FIFA World Cup if they are sent off or caught misbehaving in club matches.

More Sports News»

Samsung Galaxy S5 review: Good, but no wow factor
Galaxy S5 has (almost) everything you can ask for in a smartphone. Yet, there is something missing.

Infosys guides for lower growth in 2014-15
Infosys expects its dollar revenue to grow 7%-9% in the 2015 financial year, largely in line with market expectations.

Amazon to unveil 3D smartphone in June: WSJ
According to WSJ, this smartphone will have four front-facing cameras that will track the user’s retina to “make some images appear in 3D, similar to a hologram.”

More Technology News»

New courses for retiring defence personnel's second career
New courses including management programmes to assist defence personnel adopt a second career after retirement have been started by the directorate general of resettlement (DGR).

Private institutions welcome UGC order on new engineering colleges
Private engineering colleges have welcomed the direction of the University Grants Commission which says that no new engineering colleges will be allowed to start in the coming academic year.

IGNOU Nagpur triples enrolment over last year
The Nagpur regional centre of Indira Gandhi National Open University (IGNOU) has tripled its enrollment compared to last year due to its expanding study centres and course innovations.

More Education News»

Filmi Mahesh Manjrekar regales gathering with story
Mahesh Manjrekar loves to add a dash of filmi masala to the otherwise dull proceedings of a campaign meeting

Inspection of BHEL rakes to be sought
After a TOI report about the frequent fire issues with Bharat Heavy Electrical Ltd (BHEL) rakes on Tuesday, the commissioner of railway safety (CRS), central circle, decided to take up the matter with the Central Railway (CR).

Phase 2: Cong-NCP on back foot in Maharashtra 
With the campaigning for the second phase of polling in the state for 19 Lok Sabha seats in Marathwada and Western Maharashtra ending on Tuesday, the Congress-NCP combine appeared to be demoralised in the wake of predictions that the NDA was headed for a clear majority and the sensational disclosures made by the Prime Minister's ex-media advisor Sanjay Baru and former coal secretary P C Parakh.

More Mumbai News»

Gas shortage cripples power plants in capital
The Delhi government's 1500MW gas-based plant in Bawana has been in the news for the past few years because of the gas crisis.

Govt school seeds its best in 'cloud'
In a tiny room in a south Delhi government school, runs another school "in the cloud".

'Transgenders can enter mainstream'
For long, transgenders have been an oppressed sexual minority in India. But the Supreme Court's landmark judgment on Tuesday is set to end the exploitation of the transgender community by giving them their most basic human rights.

More Delhi News»

You will be inked on the left thumb
Voters in Karnataka will be inked on their left thumb this Lok Sabha election. The state’s 28 constituencies will vote on Thursday.

You will be inked on the left thumb
Voters in Karnataka will be inked on their left thumb this Lok Sabha election. The state’s 28 constituencies will vote on Thursday.

Transgenders celebrate Supreme Court verdict
Transgenders in the city are an ecstatic lot.Welcoming the Supreme Court decision to recognize them as the third gender, they are now convinced of getting justice and more importantly, being treated as equals.

More Bangalore News»

Congress rebels face expulsion
The stage is set for the suspension of Palvai Sravanthi, daughter of Congress Rajya Sabha member Palvai Goverdhan Reddy, who filed her nomination as a rebel candidate from Munugodu constituency in Nalgonda district. 

Kanumuri Bapiraju faces uphill task in Narsapuram
Tirumala Tirupati Devasthanams (TTD) chairman Kanumuri Bapiraju is seen more in Tirumala than in his hometown of Narsapuram in the last three years. 

10 doctors in the poll fray from Mahbubnagar
About 10 physicians are contesting this general elections from the backward district of Mahbubnagar where diarrhoea outbreaks and snakebites kill scores of people every year.

More Hyderabad News»

Actress Ramya Krishnan gets Rs 5 lakh for defunct generator
Raging arguments, rebuttal, struggle and finally victory. Actress Ramya Krishnan might have starred in several films with similar themes but this was a real-life win.

Accident lands car thieves in police net
A gang of four men, including an engineering college student, stole a car at a multiplex on ECR on Monday night and were trying to drive away when they were nabbed.

Suspects in doctor murder to stay in jail for now
Four suspects in the September 2013 murder of neurosurgeon Dr S D Subbiah were detained under the stringent Goondas Act on Monday hours before their bail petition was to be heard by a court in Saidapet.

More Chennai News»

AAP's Patan candidate moves Gujarat high court
Gujarat high court on Tuesday issued notices to the returning officer of Patan Lok Sabha constituency and chief election officer over a petition filed by the Aam Aadmi Party (AAP) candidate Atul Patel whose candidature was rejected during the scrutiny of forms.

Did LeT approach jail official for Sabarmati tunnel?
An FIR has been filed against four jail officials. Their conduct in trying to hide the real length of the tunnel, which was closed at 42 ft after detection, is suspect.

Gujarat University sanctions additional section in science colleges
Gujarat University (GU) has decided to allow science colleges affiliated to it to have an extra division each run on self-financed basis.

More Ahmedabad News»

Devotees throng temples on Hanuman Jayanti
Hanuman Jayanti was celebrated with religious fervour in various temples of the city on Tuesday.

North Central Railway observes Dr Ambedkar's birth anniversary
North Central Railway observed birth anniversary of the architect of Constitution Dr Bhim Rao Ambedkar at Arrawali gallery at NCR headquarters in Subedarganj.

Nine contestants file papers for two Lok Sabha seats
Nine contestants, including Congress, BSP and SP candidates, filed nomination papers at the district election office on Tuesday amidst tight security measures.

More Allahabad News»

Puri assembly candidates ignore tourism issue
An unclean beach, the damaged Marine Drive and overflowing drains of seaside hotels cut a sorry picture of tourism hub Puri.

Rahul Gandhi keeps mum on Posco
Congress vice-president Rahul Gandhi on Monday visited Jagatsinghpur for the first time since the Posco steel project was proposed in the district in 2005.But he did not utter a word on the proposed mill.

Arjun Sethi eyes 8th win from Bhadrak
When the BJD candidate from Bhadrak parliamentary seat Arjun Sethi went to file his nomination papers, only a handful of party workers accompanied him.

More Bhubaneswar News»

Saffron surge causes cracks in palace, but royalty holds sway in Guna
The royalty still holds a sway over large parts of Shivpuri and Guna even though the Scindia kingdom is history.

Victory without sweat is a walkover: Priyadarshini Raje
She was in Verve's best-dressed hall of fame. She also made it to Femina's list of top-50 most beautiful women. But Priyadarshini Raje, wife of Union minister Jyotiraditya Scindia, prefers to skirt the arc lights.

Bargi MLA's son gets clean chit in pre-poll violence case
"In fact Belkheda town inspector Rajak also confirmed that Neeraj was not part of the party campaign team that got into scuffle with the Congress workers on the day, but was 30 km away on a private errand.

More Bhopal News»

Buoyant INLD to go it alone in Haryana assembly polls
Encouraged by the response in the Lok Sabha elections, INLD has decided to contest the upcoming assembly polls in Haryana on its own. 

Miscreants open fire at Congress leader's office
A few unidentified people opened fire at the office of Congress leader Karamjit Singh Rintu in Amritsar.

Funny man gives AAP serious chance in Sangrur
There are certain things some of us just can’t help. Bhagwant Mann, for instance, can’t help being funny. Even when he is dead serious.

More Chandigarh News»

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Introduction to Devi Mahatmya

IndiaDivine.org
IndiaDivine.org:
The book which relates the story of how the devi (mother Goddess) killed Madhu and Kaidabha as Vishnu Maya, killed Mahishasura as Lakshmi, and killed Shumbha and Nishumbha in the form of Goddess Saraswathi, is known as Devi Mahatmya in South India, Chandi in West Bengal and as Durga Sapthasathi in the northern parts of the country including Varanasi. It consists of Chapters 74 to 86 (13 chapters) of the Markandeya Purana and has 700 stanzas. This Purana is also authored by Veda Vyasa and is a medium sized Purana.
 
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Busting common investor myths on money matters

Busting common investor myths on money matters
Your mind tricks yourself into thinking that you are making the right financial decisions. Some people may even be fully aware of the lies that they tell.
Hedge your portfolio against political uncertainty
Major part of the current stock market rally can be attributed to the chances of a Modi-led government coming to power, any other outcome can lead to a sell-off in the market.
Pick a health card over an OPD insurance
Rising healthcare costs and inadequate cover for out-patient treatment can erode your savings. Here̢۪s a cost-effective alternative.
Are you paying a higher maintenance bill for housing society?
According to legal experts, housing societies cannot have by-laws prohibiting residents from keeping pets or charge them extra for it.
5 things to keep in mind while renting a locker
Bank safe deposit lockers are a good option for safeguarding your valuables anddocuments. The rules of owning one are explained here.
Quote of the week
"I think this is just the beginning. Going forward, we are looking at 15-20% annualised returns from the Indian markets."
Mark Mobius Executive Chairman
How Varudes' low surplus is likely to impact some of their goals

Family Finances

Though the Varudes are good savers and have a balanced portfolio, they will have to push away some of the goals till their income rises sufficiently to generate a high surplus.
Why you need to be careful in a rising market

Financial Planning

Before you become too enthused about a market on an upswing, here are the six things you should keep in mind if you want to build and secure long-term wealth.
Athena: How an IIT grad, Bhavishya Sharma, built a Rs 14 cr venture

Money-making venture

Defying the prevailing trend, IIT graduate opted for a human resources company before setting up his dream venture, Athena, which is now a Rs 14 crore group.
Veeral Patel's journey from being a roadside eatery helper to building a Rs 4 crore sweet shop chain

Entrepreneurs

No matter how many rags-to-riches stories you come across, the grit and enterprise of the people concerned always serve to inspire. Veeral Patel is one such entrepreneur.

Financial Calculators

Plan your car
Plan your car
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Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy.
Home Loan Refinance
Home Loan Refinance
Should you refinance your home loan?
Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate.
"The Indian growth story is very much intact. So, investors should put money in equity since no other asset class has yielded such high returns in the past 15 years."
Fisher outlines his approach to hunting for quality stocks. He calls it ‘scuttlebutt’, which means conducting detailed interviews with stakeholders.
A Franklin Templeton survey among 500 investors across the country shows that a large majority believes the stock markets will rise in 2014.
Infotech Enterprises' low valuation compared to its large-cap peers is another reason why analysts are still betting on the stock.
If the only transaction in an account is the periodic credit of interest on the existing balance, it will be treated as dormant.
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