News Digest: China says India must decide on South China Sea dispute

		THE TIMES OF INDIA
		Saturday, August 13, 2016
		Today's Headlines

		India
		China says India must decide on South China Sea dispute Chinese foreign minister Wang Yi said India must decide whether or not to support Beijing on the South China Sea dispute on Friday . Asked by reporters whether he was visiting India for its backing in its sea dispute with its Asian neighbours, Wang said, “It's up to India to decide what position it has to take.“ No graft law for charitable firms? A parliamentary panel has endorsed an amendment proposed by the government to the Prevention of Corruption Act to make bribe-giving by a commercial organisation a punishable offence, but sought to keep charitable organisations out of its purview. Pro-Pakistan slogans replace `azadi' cries More India News»

		Business
		SBI's gross NPAs cross Rs 1 lakh crore mark Retail inflation at 23-mth high, hits 6%  SBI's NPAs grow, but slowly, to cross Rs 1L cr; market happy SBI reported a net profit of Rs 2,521 crore for the first quarter of FY17 - a 31% drop from Rs 3,692 crore in the corresponding quarter last year. More Business News»

		Environment
		Zero tolerance for tanneries polluting Ganga PETA moves NGT seeking nationwide ban on manja People for the Ethical Treatment of Animals (PETA) has moved National Green Tribunal and contended that 'manja', sharp string coated with glass, poses grave threat to humans and animals as every year a number of deaths are caused due to the deadly string. NGT slams Agra administration over encroachment The National Green Tribunal (NGT) has slammed the Agra administration and government agencies for submitting wrong details pertaining to encroachment in the flood plains of the Yamuna here. More Environment News»

		World
		'IS leader in Afghanistan and Pakistan killed in US drone strike' The leader of Islamic State's branch in Afghanistan and Pakistan was killed in a US drone strike in Afghanistan on July 26, a US defense official said on Friday. The strike took place in the Kot district of Afghanistan's Nangarhar province. Erratic Trump reconciles to defeat Donald Trump is reconciling himself to a defeat against Hillary Clinton in the US presidential election - and a long vacation thereafter. Hillary Clinton paid 34.2% federal tax rate in 2015 Clinton's running mate, US Senator Tim Kaine of Virginia, along with his wife, Anne Holton, paid a federal effective tax rate of 20.3% in 2015, the campaign said. More World News»

		Entertainment
		Hrithik Roshan's fan buys 70 tickets to watch 'Mohenjo Daro' Ashutosh Gowariker's magnum opus 'Mohenjo Daro' starring Hrithik Roshan and Pooja Hegde hit theatres today, August 12. Diana Penty: I have managed to overcome my inhibitions Four years ago, when Diana Penty made an impressive debut in 'Cocktail', one thought that she would be spoilt for choices for her next project. And while that was the case, she chose to be mindful rather than give in to the audiences’ expectations, unlike most of her contemporaries. Akshay Kumar's personal clicks Akshay Kumar is undoubtedly the Indian Jackie Chan and is known for his love for stunts which give him ample opportunities to quench his adrenaline thirst. More Entertainment News»

		Science
		Scientists to unveil new Earth-like planet: Report Scientists are preparing to unveil a new planet in our galactic neighbourhood which is "believed to be Earth-like" and orbits its star at a distance that could favour life, German weekly Der Spiegel reported today. BARC signs MoU to develop Deep Brain Stimulator Two dwarf galaxies drift into Hubble's sight from cosmic wilderness More Science News»

		Sports
		Rio live: Wiggins most decorated British Olympian A hectic day is in store for India as golfers, shooters, athletes and hockey players will be in action on the seventh day of the mega event in Rio. Rio 2016: Sania, Bopanna enter mixed doubles semifinals Sania Mirza and Rohan Bopanna subdued Britain's Andy Murray and Heather Watson with remarkable ease to breeze into the mixed doubles semifinals at the Rio Olympics on Friday. Rio Games: Boxer Vikas a win away from medal Vikas Krishan stands just a win away from an elusive Olympic medal after outclassing Turkey's Sipal Onder 3-0 to comfortably advance to the quarterfinals of men's 75kg middleweight boxing at the Rio Games on Friday. More Sports News»

		Technology
		Facebook wants to be Google and TV when it comes to ads: Gadfly Facebook has so far cracked the first half of that equation by locking down what's called 'direct response' advertising. Samsung Galaxy Note 7 first look: Raising the bar The Samsung Galaxy Note 7 recently launched in India and we got our hands on the device for a short while. This is our first impressions of the company's newest phablet. 18 gadgets available at big discounts Planning to buy a new TV, laptop, tablet, smartphone or any other gadget? More Technology News»

		Education
		Compulsory NCC training in schools, colleges not feasible: Manohar Parrikar The government has not found it feasible in terms of infrastructure and resources to make NCC training compulsory for school and college students, the Lok Sabha was informed on Friday. President nod for six new IITs in country; NIT in AP Six new Indian Institutes of Technology (IITs) will be set up in places like Jammu and Tirupati as President Pranab Mukherjee gave his nod to a law in this regard. Number of Indian students going to UK, US varsities to go up by 50% The number of Indian students going overseas for under-graduate and post-graduate studies is expected to increase by 50 per cent over the next five years due to a manifold increase in their family incomes, a placement expert said on Thursday. More Education News»

		Mumbai
		SRK detained at LA airport, freed as MEA steps in The foreign ministry had to intervene to ensure Bollywood superstar Shah Rukh Khan’s “quick release” after he was detained by US immigration authorities at Los Angeles airport on Friday, government sources here said. CR transfers its top Mumbai official after 5-hour rail roko Fed up with frequent disruptions, commuters at Badlapur station blocked the tracks for over five hours after the late arrival of a local on Friday morning. In Lasalgaon, Rs 100cr onions rot as traders strike work Intermittent strikes by traders at the APMC market in Lasalgaon in Nashik district to protest against the government’s new rule—that allows farmers to trade their produce directly in the open market—has resulted in rotting of 30% of the onion stock from that area. More Mumbai News»

		Delhi
		Spat over spitting turns ugly, one killed A 35-year-old man was stabbed to death in south Delhi's Gautam Nagar area near Hauz Khas following a heated argument with his neighbour who allegedly objected to his friend spitting inside their residential building late Thursday night. Hit, dump and run: Cabbie leaves man to die on road Days after hundreds of Delhiites passed by a dying man on the road without offering help, here’s another shocking act of criminal apathy on the capital’s streets. Lab assistant held for molesting student More Delhi News»

		Bangalore
		Big fish have escaped anti-encroachment axe Teacher kills mother-in-law, goes to school Reversing cab driver kills boy A five-year-old boy was crushed to death by a car when he was playing outside his house with three children in west Bengaluru on Thursday evening. More Bangalore News»

		Hyderabad
		Dampener on Day One in Guntur district People Prefer To Celebrate Varalakshmi Vratham Cong seeks CBI probe into crimes of gangster Nayeemuddin Hyderabad, Aug 12 () Opposition Congress today demanded a CBI probe into "various criminal activities" of Maoist- turned-gangster Mohammed Nayeemuddin, who was killed in an exchange of fire with police in Telangana's Mahabubnagar district on August 8. Raymond to use omni-channel strategy to increase customer base Hyderabad, Aug 12 () Textile major Raymond Ltd plans to come out with its omni-channel strategy within a year to scale up its digital business and woo younger customers, a top executive said today. More Hyderabad News»

		Chennai
		Woman gets back baby she sold for Rs 85,000 DoT must issue fresh notice: HC 3,273 crore was due from these petitioners to the DoT, the judges said DoT should issue fresh notice within a month, quantifying the amount and the companies should pay it in a month thereafter. Boman Irani looks back on his 'duffer'-to-actor evolution It was only as an adult, said actor Boman Irani, that he realised that as a child he had dyslexia, dysgraphia and dyscalculia. More Chennai News»

		Ahmedabad
		Guj govt transfers 10 senior IAS officers Ahmedabad, Aug 12 () The Gujarat government today transferred 10 senior IAS officers, including Additional Chief Secretary (ACS) in Home Department, P K Taneja, who has now been appointed as ACS, Industries and Mines Department. Ahmedabad police says sorry to HC for falsely declaring a person dead Top cop Verma withdraws plea over govt notice to vacate flat Ahmedabad, Aug 12 () Senior IPS officer Satish Verma, who had approached the Gujarat High Court against a state government order asking him to vacate his alloted flat, today withdrew his application and decided to knock the doors of Central Administrative Tribunal (CAT). More Ahmedabad News»

		Allahabad
		HC orders CBI probe into Bulandshahr gang rape case E- rakhis gain popularlity in Allahabad HC orders CBI inquiry into Bulandshahr gangrape case Allahabad, Aug 12 () In a snub to the Samajwadi Party government in Uttar Pradesh, the Allahabad High Court today ordered a CBI inquiry into the Bulandshahr gangrape case observing that it was "not satisfied" with the police investigation so far. More Allahabad News»

		Bhubaneswar
		Wipro to promote sustainability education in state Odisha cabinet approves rules for implementation of Language Act ECB team discusses security scenario with Odisha admn Bhubaneswar, Aug 12 () In the back drop of the embarrassing situation when spectators hurled projectiles during India-South Africa match last year, the state administration and the Odisha Cricket Association (OCA) today assured an England Cricket Board team that all steps would be taken to ensure More Bhubaneswar News»

		Bhopal
		Ex MLA escapes bid on life His PSO's pistol got jammed after firing a few shots (354) Madhya Pradesh ex- MLA encounters maoist attack, PSO's gun gets jammed Bike lifting more lucrative in Chambal ravine than operating dacoit gang Gone are the days of dacoits with twirling moustaches in Chambal ravines. Criminals in ravine district of Morena are now making money by lifting vehicles. It is a win-win: no risk and high returns. More Bhopal News»

		Chandigarh
		'No chance of survival for AN-32 passengers' Bike-borne duo throws acid on 18-year-old girl Two motorcycle-borne youths threw acid on an 18-year-old girl in Jalalabad town of Fazilka district on Friday. State CPSs may also lose posts after HC order More Chandigarh News»

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Understanding Sanatana Dharma [Corrected Link]

IndiaDivine.org:

Understanding Sanatana Dharma

Dharma is a very familiar term in Hindu epics, purāṇas and other literary works that highlight the ideal ways of human life. We find the term in the major Upaniṣads and Bhagavad Gīta also, used in varying senses like virtue, righteousness and religious duties. Bṛhadāraṇyaka Upaniṣad says in verse 1.4.14 that Dharma is instrumental in ...

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Top 20 turnaround stories of this earnings season: Is it time to buy?

THE ECONOMIC TIMES Fri, Aug 12, 2016 | 08:00 AM IST ET Investment Opportunities

NOT TO MISS #Stocks In News,#Recos,#Expert Views,#IPOs,#Commodities

Top 20 turnaround stories of this earnings season: Is it time to buy? Almost four out of 9 firms gave positive returns despite poor earnings show. However, some companies more than doubled investor wealth in last one year. Valuations worry? Play earnings revival theme before bottomlines begin to swell Some experts believe growth, and not liquidity, would drive the domestic market going forward. At present, MSCI India index trades at 17.7x forward earnings. Don't jump the gun over the bounce in stocks: August is usually painful for Dalal Street With the GST hurdle cleared, the market has no major trigger for the near future. This has given rise to fears that the market may soon head for a correction. Olympics not good for domestic stocks: Keep your fingers crossed The S&P BSE Sensex has a history of losing 1.31 per cent on an average during the Olympic Games, data compiled by ETMarkets.com showed.

Advertorial Play the balancing act of gymnastics in your investments! Gymnastics is a great combination of strength, balance, flexibility and grace. Advertorial Do you want to own a Multi-cap football team? A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment.

Top 12 rate-sensitive stocks to buy after RBI policy, can give 40% return in 1-2 years The market saw a muted response post the RBI policy statement but the possibility of a rate cut still remains relevant in next one year, feel experts. Don't worry, market not in bubble zone; 5 stocks to buy post Q1 results Mahesh Patil of Birla Sun Life MF says one should stay invested in broader market. The quarterly earnings season is also throwing up a lot of opportunities. Nifty50 earnings up 7% in 4 years, index has grown 64%; where is the mismatch? The gap between share prices and earnings has kept widening for four years now, and now the debate is on whether the ongoing rally will sustain or not. How your financial fortunes changed during Raghuram Rajan's tenure as RBI governor Rajan's performance should be measured more in terms of economic parameters, and not by what some of the foot-in-mouth politicians had to say about him.

Advertorial Decoding the threat of critical Illnesses in India "Life is what happens when you're busy making other plans." Advertorial Don't buy your health insurance if it doesn't have these features To bridge the gaps created by Group Health insurance policies offered by employers, it's essential every earning individual has a health insurance policy of his own.

All you need is Rs 20,000 a month for 15 yrs to be a crorepati: Nimesh Shah "As a country, we will be reaping the benefits of this reform over the next five to seven years, and not in next five months," says MD & CEO, ICICI Prudential AMC. Meet the first 200-bagger of 2016, which almost doubled profits in June quarter This company has managed to provide stellar growth quarter after quarter as it moved from being just a gold finance company to a microfinance company.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Sr XXV-III (1100D) Reg-DY Debt: FMP Closed-end 05 Aug 2016 19 Aug 2016 5,000 UTI Fixed Term Income Sr XXV-III (1100D) Reg-Flexi D Debt: FMP Closed-end 05 Aug 2016 19 Aug 2016 5,000 UTI Fixed Term Income Sr XXV-III (1100D) Reg-D Debt: FMP Closed-end 05 Aug 2016 19 Aug 2016 5,000 UTI Fixed Term Income Sr XXV-III (1100D) Reg-DQ Debt: FMP Closed-end 05 Aug 2016 19 Aug 2016 5,000 UTI Fixed Term Income Sr XXV-III (1100D) Reg-G Debt: FMP Closed-end 05 Aug 2016 19 Aug 2016 5,000 More >>

Real Estate News

'Over 2 lakh houses built under central schemes in 2 years' JNNURM, RAY, PMAY-U are being implemented for providing low cost houses and related civic amenities to the urban poor including slum dwellers.

Billionaire's fund predicts prolonged slump in India home sales India's property market has been sluggish, driving new project launches down by 9 per cent to 107,120 units in the first half of the year, the lowest in three years.

Supreme Court asks Bengaluru builders to push projects back 75 metres from lakes, wetlands This has been challenged earlier in the top court, which stayed a fine on another entity on an assurance that no further construction activity will be carried out.

24,000 residential units launched during April-June: Study Gurgaon and Noida remained subdued in terms of new launches as developers remained focused in their efforts to address the existing inventory overhang.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   UTI Capital Protection Oriented Scheme Sr VIII-I (1278 D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 02 Aug 2016 16 Aug 2016 5,000 UTI Capital Protection Oriented Scheme Sr VIII-I (1278 D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 02 Aug 2016 16 Aug 2016 5,000 UTI Capital Protection Oriented Scheme Sr VIII-I (1278 D) Reg-D Hybrid: Debt-oriented Conservative Closed-end 02 Aug 2016 16 Aug 2016 5,000 UTI Capital Protection Oriented Scheme Sr VIII-I (1278 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 02 Aug 2016 16 Aug 2016 5,000 Sundaram Long Term Micro Cap Tax Advantage Sr III Direct-G Equity: Tax Planning Closed-end 08 Aug 2016 11 Nov 2016 500 More >>

Views and Recommendations

Buy Jubilant Life Sciences Ltd., target Rs 555.0 : Systematix Shares & Stock 11 August, 2016, 01:33 PM IST Systematix estimates revenue and profit CAGR of ~8% and ~26% respectively over FY16-18e. buy Buy Jubilant Life Sciences Ltd., target Rs 484.0 : Prabhudas Lilladher 11 August, 2016, 01:30 PM IST Prabhudas Lilladher pegged Jubilant Life Sciences PE at 11.1x FY17 and 9.6x FY18 estimated earnings. buy Accumulate JK Cement Ltd., target Rs 828.0 : Systematix Shares & Stock 11 August, 2016, 01:28 PM IST With improved EBITDA, lower tax rate and despite an extraordinary expense, JKCE's PAT was higher than consensus. Accumulate Buy Lupin Ltd., target Rs 1831.0 : Karvy Stock Broking Ltd 11 August, 2016, 01:26 PM IST Karvy Stock Broking has upgraded Lupin's EPS estimates by 6.3% for FY17 and 2.3% for FY18. buy

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