News Digest: BJP to declare 1st UP list by Oct 20

		THE TIMES OF INDIA
		Saturday, October 08, 2016
		Today's Headlines

		India
		BJP to declare 1st UP list by Oct 20 Bharatiya Janata Party (BJP) will declare the first list of candidates for Uttar Pradesh polls by October 20, according to sources here. The party has finalised candidates for nearly 125 seats. The list of candidates will be declared for reserved seats and in those constituencies where the party had won in 2012. Parties can't use government fund, machinery to promote their poll symbol, orders Election Commission The Election Commission on Friday ordered that no political party shall henceforth either use or allow the use of public funds or public place or government machinery for promoting itself or the symbol allotted to it. Muslim women in Islamic countries enjoy more equality than in India: Maneka Gandhi "The Centre's stand on triple talaq is right. We should be thinking about rights of women. The practice is not prevalent in other Muslim countries where they have more equality," she said. The Ministry of Law and Justice, in its affidavit in the Supreme Court, referred to constitutional principles like gender equality and secularism. More India News»

		Business
		Sebi proposes ban on social media stock tips Coming down hard on fraudulent investment advisers, regulator Sebi on Friday proposed to ban unauthorised trading tips through SMSes, WhatsApp, Twitter, Facebook and other social media platforms, as also games, competitions and leagues relating to securities market. Now, IT cos can become GST Suvidha Providers The framework that will permit IT/ITeS/BFSI companies to become part of the new tax structure has been laid out by Goods and Services Tax Network (GSTN), a company which will provide government and tax payers the required IT backbone for smooth implementation of GST. Rupee flat against buoyant dollar; US jobs data in focus The rupee managed to recoup all its early losses and ended nearly flat at 66.68 against the strong US dollar in an extremely thin and lethargic trade. Forex market sentiment remained cautious as many currency traders preferred to stay on the sidelines and avoided taking any long positions ahead of the US jobs report. More Business News»

		Environment
		India, EU sign MoU to clean rivers "I have seen in Europe how beautifully water is flowing there. I hope our country would learn from it," Water resources minister Uma Bharti said at an MoU signing ceremony at the World Sustainable Development Summit (WSDS) organised by The Energy and Resources Institute (TERI). NGT directs Delhi govt to shut pickling units in city Noting that pickling units fall under prohibited list of industries as per Master Plan 2021, the National Green Tribunal has directed the Delhi government to shut down such industries units located in the national capital with immediate effect. Scientists discover largest dinosaur in Brazil Brazilian scientists have announced the discovery of the largest dinosaurs ever found in the country, an animal that was 25 meters long. More Environment News»

		World
		Obama announces lifting of US sanctions on Myanmar The White House says Obama signed an executive order lifting the economic sanctions on Friday, marking the culmination of years of rapprochement between the US and Myanmar. Moroccans vote amid worries about Islamic extremism Adultery scandals and thwarted election-day attacks marked the unusually venomous campaign in the North African nation, which is allied with the US and seen as a model of stability and relative prosperity in the region. Over 70,000 appeals filed over coup probe: Turkey PM Tens of thousands of people have filed appeals after being implicated in an investigation into the abortive July coup, the Turkish prime minister said on Friday. More World News»

		Entertainment
		No Pakistani presence in IFFI, DIFF film festivals this year? Organizers say that though the invites have been sent out to Pakistani artists, it’s up to the Indian embassy in Pak to clear visas & the I&B ministry to clear the movies. PIC: Navya Naveli Nanda's latest style statement is spot on! Starlets of popular Bollywood celebrities have become the eye-candy of masses since pictures of the gorgeous lasses started making their way to the social media. LOC drawn within Bollywood over Pak Artists' Ban After the MNS asked Pakistani artists in India to leave the country, viewpoints on the subject have been sharply divided within Bollywood. More Entertainment News»

		Science
		Astronomers spot giant 'cannonballs' shooting from star Using Nasa's Hubble space telescope data, scientists, including one of Indian-origin, have detected superhot blobs of gas, each twice as massive as the planet Mars, being ejected near a dying star. Dying red star sheds giant fireball tears Woman who had baby with mother's womb: It's 'science fiction' More Science News»

		Sports
		Never expose your weaknesses: Sachin Tendulkar His more than two decades long career is a stuff of legends and handing out tips on chasing success, Indian cricket icon Sachin Tendulkar said one should be smart enough to hide weaknesses against rival bowlers. Kabaddi WC: India stunned by South Korea in opener India suffered a shock defeat in the inaugural match of the ongoing Kabaddi World Cup as they were upstaged 32-34 by South Korea on Friday. SC bars BCCI from releasing funds to state bodies It said the state cricket bodies will not disburse funds already given to them by BCCI without passing a resolution to implement SC ordered reforms. The court also said that the board will not release more money to any association without filing of an affidavit saying it will implement SC reforms. More Sports News»

		Technology
		Apple iPhone 7, iPhone 7 Plus price details revealed, goes up to Rs 92,000 The iPhone 7 Plus 32GB, 128GB and 256GB will cost Rs 72,000, Rs 82,000 and Rs 92,000 respectively Apple slashes prices of iPhone 6s and iPhone 6s Plus by up to Rs 22,000 Apple has announced biggest-ever price drop for its smartphones in India. Under the new pricing, iPhone 6S (128GB), carying an MRP of Rs 82,000, will now be available at an MRP of Rs 60,000. iPhone 6s Plus (128GB) will now be available at an MRP of Rs 70,000, the smartphone too has received a price cut of Rs 22,000. Apple's 4-inch smartphone iPhone SE, too has got a price cut. The 64GB version of iPhone SE will now be available at Rs 44,000. WhatsApp privacy policy challenged in Delhi High Court: 5 things to know A public interest litigation in the Delhi High Court (HC) challenges the change in WhatsApp's privacy policy. More Technology News»

		Education
		NGO files contempt plea in Delhi HC on teachers' vacancies An NGO on Friday moved the Delhi high court to seek action against the Delhi government and authorities of three municipal corporations for alleged non-compliance with the court's earlier order on filling teachers' vacancies. IIM-K offers executive PG programme Prakash Javadekar pledges to 'improve' quality of higher education Pledging to "improve" the quality of higher education in the country during a review meeting with 41 Vice Chancellors of Central Universities, Union Human Resource Development Prakash Javadekar today said only nations with great universities will prosper. More Education News»

		Mumbai
		After Mumbai scam, abuses and attrition hit BPOs Final Navratri weekend to witness marathon rituals Ahead of Diwali government try Gram and sugar prices More Mumbai News»

		Delhi
		'Character assassination ground for divorce' AAP plaint against Parrikar, Rao Looking for a solid idea to guard against waste burning More Delhi News»

		Bangalore
		Bengaluru No. 1 in value of non-Permanent Account Number transactions The Karnataka capital is on top in the total value of suspicious high-value deals. Bangalore University offers free higher education to orphan students In a first in the state, the Bangalore University (BU) has launched a student adoption scheme, offering free education and boarding facilities to orphan students for two programmes---post graduation and Ph.D. Now, pay taxes, fines via new transport department portal The transport department on Friday launched an improved version of its website.Now, citizens can pay taxes, fees and fines via the portal, without having to visit the nearest Regional Transport Office (RTO). More Bangalore News»

		Hyderabad
		Traffic curbs imposed for Bathukamma fest City police have imposed traffic restrictions around the LB stadium in view of Bathukamma celebrations being organised there on Saturday. From 4 pm to 9 pm traffic at the AR Petrol Pump Junction will not to allowed to BJR statue and diversions will be made towards Nampally or Ravindra Bharati Online brothel racket busted; 4 held :Cyber crime police of Hyderabad busted an online prostitution racket and arrested four offenders on Friday. In another case, Rachakonda cops arrested three Nigerians from Bengaluru for duping a student from the city by promising to secure him Australian visa Bike rams into pedestrian, 3 hurt :Three persons suffered injuries when a drunk biker rammed his vehicle into a pedestrian at LB Nagar on Thursday night. The mishap occurred near LB Nagar DCP office. More Hyderabad News»

		Chennai
		3 years to go for Adyar to turn pristine Give away what you have in excess and tag others too Cops detain phone snatchers More Chennai News»

		Ahmedabad
		Man seeks DNA test to ascertain daughter's paternity Charges Wife, Cousin With Illicit Relationship Arvind Kejriwal extends Gujarat stay by two days Arvind Kejriwal, has decided to extend his stay in Gujarat from one to three days.On the high court's orders, Kejriwal got permission from the Gujarat government for a rally in Surat on October 16. 'Explosion' near Porbandar Naval Base sparks panic Security agencies including the Indian Navy, Coast Guard and the local police went into a tizzy on Friday morning after a guard at the communication room of the Porbandar Naval Base claimed that he heard a sound that seemed like an explosion or a gun shot. More Ahmedabad News»

		Allahabad
		Sharpshooter held, pistol seized A sharpshooter identified as Virendra Yadav alias Thokia alias Karia, a resident of Jhunsi, was arrested near ADA trisection here on Thursday after a brief encounter. 'Need to grow more from limited means' Conference on safety challenges of food organized in Allahabad More Allahabad News»

		Bhubaneswar
		Inclement weather greets beginning of Durga Puja Intermittent rain in city greeted Durga puja celebration which begins from Friday with Sasthi puja of the goddess. Political blame game over Japanese encephalitis deaths A political blame game started on Friday over the outbreak of Japanese encephalitis, which is assuming an alarming proportion in Malkangiri district in southern parts of the state. The disease claims two more lives on Friday, raising he death toll to 40 in a month. CESU ready for uninterrupted and accident free festive season More Bhubaneswar News»

		Bhopal
		MP govt to train 2 lakh women every year in different skill development programs MP govt to speed up metro rail projects, search for funding options Diwali bonanza: MP govt regularize 48,000 daily wage employees More Bhopal News»

		Chandigarh
		University student thrashed for protesting against rash driving Harsimrat Kaur Badal launches Smart Card Project in Bathinda Union Food Processing Minister Harsimrat Kaur Badal today launched the Smart Card Project of Bathinda Municipal Corporation and handed over Smart Card to 30 town residents in a function here in Model Town Phase-I. Punjab unaided colleges hold protest march against non-disbursal of Rs 480 crore At a time when Punjab government observed 125th birth anniversary of Dr. BR Ambedkar by holding national level seminar on Friday, the managements of hundreds of unaided colleges held protest against state government for failing to disburse money pertaining to Post Matric scholarship meant for Scheduled Caste(SC) and backward classes(BC)students. The 13 different associations of Punjab colleges which include Engineering Colleges, Polytechnic Colleges, Nursing Colleges, Ayurvedic colleges, Dental colleges, ETT institutes, B Ed colleges and Private ITIs participated in the protest by wearing black bands on their arms. The unaided colleges claim that government owe Rs. 480 crore to the colleges on scholarship. More Chandigarh News»

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If you’re 40-year-old, here is how your portfolio should look like in uncertain times

THE ECONOMIC TIMES Fri, Oct 07, 2016 | 06:31 AM IST ET Investment Opportunities

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

If you're 40-year-old, here is how your portfolio should look like in uncertain times A 60-year-old investor could hold around 30 per cent in equity if he wishes to and provided he has a regular stream of post-retirement income. Use dips in market to buy into leaders of tomorrow; 10 midcaps to buy on dips If Nifty50 slips towards 8,000 level, it would be a good entry point to buy select midcap stocks, which could become leaders of tomorrow, say analysts. Top 10 rate-sensitive stocks to buy post RBI monetary policy review Based on various brokerage recommendations, here is a list of rate-sensitive stocks investors can bet on with an investment horizon of up to 12 months. How financial markets really read the Indo-Pak flareup and how to make money in the bargain It is the nature of the market to react instinctively and be fearful in the beginning and later take stock of the situation with a cool mind, says Nilesh Shah.

Advertorial Help us understand your experience with economictimes.com. Share your feedback here Fill up a 5 minute survey Advertorial The Badarpur Plant's effect on Air Pollution and why it needs to be shut down The study, which analyzed 47 plants over 16 states, established the Badarpur plant as the country's most polluting power plant.

Stocks glitter more than gold as mutual fund flows soar Assets with money managers swelled to an unprecedented Rs 16 lakh crore in August, with stock plans making up 32 per cent of the pie. Endurance Tech IPO nears full subscription on Day 2 The quota limit for non-institutional investors (NIIs) saw bids for 4.79 lakh shares, while that of qualified institutional investors (QIBs) was subscribed 1.69 times. Patel impact: Gold bugs, stop fretting over the Fed. Worry about India! A greater tolerance for inflation spells bad news for gold because it's jewelry demand as much as investment that really drives the global market. JPMorgan sees Nifty50 at Mt 10K by 2017, says good time to buy on dips Events calendar over the near term suggests positive news could thin out over this period. Consequently, it said it does not rule out a phase of consolidation.

Advertorial BRICS and the new emerging economic order BRIC - the term was coined in 2001, by Jim O'Neill, of Goldman Sachs, in his publication 'Building Better Global Economic BRICs'. Advertorial 6 important changes brought about by new health insurance rules The guidelines will bolster the business framework of insurance providers, thereby offering value to the policyholders.

IT sector stares at weakest growth in a decade; few safe stocks to bet on Some brokerages have started lowering valuation multiples for IT stocks, as they expect them to taper revenue guidance. Others are keenly awaiting guidance. Base metals back in bull market as China's economy stabilizes The metal used in pipes and wires rose as much as 0.3 per cent on the London Metal Exchange to $4,880 a metric ton, and was at $4,872.50 a ton at 3:26 pm in Sydney.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Endurance Technologies Ltd. 467.00 - 472.00 05-10-2016 07-10-2016 Globe International Carriers Ltd. 24.00 30-09-2016 07-10-2016 Art Nirman Ltd. 25.00 30-09-2016 07-10-2016 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXXI Series 15 Reg-G Debt: FMP Closed-end 27 Sep 2016 07 Oct 2016 5,000 Reliance FHF XXXI Series 15 Reg-D Debt: FMP Closed-end 27 Sep 2016 07 Oct 2016 5,000 Reliance FHF XXXI Series 15 Direct-G Debt: FMP Closed-end 27 Sep 2016 07 Oct 2016 5,000 Reliance FHF XXXI Series 15 Direct-D Debt: FMP Closed-end 27 Sep 2016 07 Oct 2016 5,000 SBI Debt Fund Series B-44 (1100 Days) Reg-D Debt: FMP Closed-end 05 Oct 2016 10 Oct 2016 5,000 More >>

Real Estate News

Brookfield seals India's biggest realty deal with Hiranandani Group for $1 billion: Sources The move is being seen as a precursor to either listing of a Real Estate Investment Trust that would hold the office assets or stake sale.

1,500 low-cost flats in Gurgaon & Rewari up for grabs Around 1,088 flats located in Gurgaon's Sector 47 and another 408 flats in Rewari's Sector 18 are up for grab.

Realty shift: Digital marketing becoming popular with builders Digital marketing is gaining hold with developers who have realized that homebuyers are finding it convenient to explore various options virtually.

Housing sales down 1-2 per cent in Jan-June in seven major cities "Demand in both Delhi NCR and Mumbai is likely to remain subdued owing to high price points, inventory pressures and cautious home buyer approach," he said.

Milestone Capital Advisors looks to raise Rs 1,400 crore It will make investment primarily in pre-leased assets with the aim to generating periodic yields and capital appreciation on exit.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Micro Cap Tax Advantage Sr III Direct-G Equity: Tax Planning Closed-end 08 Aug 2016 11 Nov 2016 500 Sundaram Long Term Micro Cap Tax Advantage Sr III Reg-D Equity: Tax Planning Closed-end 08 Aug 2016 11 Nov 2016 500 Sundaram Long Term Micro Cap Tax Advantage Sr III Reg-G Equity: Tax Planning Closed-end 08 Aug 2016 11 Nov 2016 500 Sundaram Long Term Micro Cap Tax Advantage Sr III Direct-D Equity: Tax Planning Closed-end 08 Aug 2016 11 Nov 2016 500 Mahindra Mutual Fund Kar Bachat Yojana Direct-D Equity: Tax Planning Open-ended 22 Aug 2016 07 Oct 2016 500 More >>

Views and Recommendations

Buy ICICI Prudential Life Insurance Company, target Rs 323 : Microsec Capital 06 October, 2016, 03:21 PM IST Buy ICICI Prudential Life Insurance Company Ltd. at a price target of Rs 323 and a stop loss at Rs 310 from entry point buy Buy IDFC, target Rs 74 : Microsec Capital 06 October, 2016, 03:15 PM IST Buy IDFC Ltd. at a price target of Rs 74 and a stop loss at Rs 68 from entry point buy Buy Torrent Power with a target of Rs 204: Pritesh Mehta 06 October, 2016, 03:12 PM IST Buy Torrent Power Ltd. with a target of Rs 204 and a stop loss of Rs 176 buy Buy Tata Chemicals, target Rs 580 : Pritesh Mehta 06 October, 2016, 03:10 PM IST Buy Tata Chemicals Ltd. at a price target of Rs 580 and a stop loss at Rs 538 from entry point buy

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