News Digest: How government's currency move will help the common man

		THE TIMES OF INDIA
		Wednesday, November 09, 2016
		Today's Headlines

		India
		How government's currency move will help the common man Currency notes of Rs 500 and Rs 1000 denominations will not be legal tender beginning November 9. PM Narendra Modi announced the move on Tuesday evening. He said the move was aimed at curbing the negative impact of fake currency, black money, corruption and terrorism on the nation's economy. New notes of Rs 500 and Rs 2,000 would be released and circulated soon. Ramdev welcomes government's move on high value currency notes It was a victory day for yoga guru Baba Ramdev as government announced ban of Rs 1,000 and Rs 500 notes on Tuesday evening. Ramdev, who had been demanding this ban since August 2010 welcomed the decision and tweeted, "Our fight for financial transparency for years has borne fruit." 'Chattisgarh police is known to be harassing activists like Nandini' More India News»

		Business
		Britannia aiming for 50% share in premium creams biscuits segment Britannia, the maker of Good Day and Bourbon biscuits, is looking to increase its market share in the premium cream biscuits category to about 50% from 35% currently in the next 18 months through new launches which will plug gaps in its portfolio. Ford to set up tech and biz centre in Chennai American automobile major Ford Motor Company will invest Rs 1,300 crore ($195 million) in setting up a new global technology and business centre near here and also increase the head count by 3,000, said a top company official. IndiGo Q2 profit rises 24% to Rs 140 crore More Business News»

		Environment
		States ignore national policy on crop residue management Had the Delhi’s neighbouring states adhered to the guidelines of the two-year-old national policy for management of crop residue (NPMCR), the Capital and other cities in the NCR would have been spared of current alarming situation of air pollution due to stubble burning. Prize Murrah bull to be star attraction at global agri show The celebrity Murrah bull, Yuvraj, will be a major attraction at the upcoming global Agritech Meet 2016, Gram, in Jaipur. Murrah is a world famous high-yielding breed said to have its origins in Haryana’s Rohtak and Jind districts. The breed is also found in western UP. Need stringent moves for pollution control: CSE More Environment News»

		World
		French investigators name plotter of Paris, Brussels attacks 5 Islamic State suspects arrested in Germany German authorities arrested five men Tuesday on allegations they aided the Islamic State group in Germany by recruiting members and providing financial and logistical help. Ten things to expect on US election night More World News»

		Entertainment
		Offered parking lot for show by KMC, 'Rock On 2' concert shifted to Ramjas The lead actors of 'Rock On 2' – Farhan Akhtar, Arjun Rampal and Shraddha Kapoor – were scheduled to perform at Ramjas College on Tuesday evening. The college was not the team’s first choice, though. They had to shift to Ramjas after their request to hold the concert at Kirori Mal College was denied. 'Chaar Sahibzaade' sequel promises animation with a difference 'Chaar Sahibzaade — Rise of Banda Singh Bahadur' by producer-director Harry Baweja is based on Sikh community’s history, recorded impressive earnings. Cult Hindi films that flopped More Entertainment News»

		Science
		Chinese doctors use 3D printer for skull surgery: Report Antibody that 'neutralises' Zika virus identified Scientists, including one of Indian origin, have identified a human antibody that may reduce Zika infection, paving way for a vaccine against the virus which is believed to cause serious birth defects in babies. Two US astronauts cast vote from space As US gets ready for a nail-biting election on Tuesday, two American astronauts orbiting the Earth at 17,000 miles per hour have already cast their votes from space. "Space voting" was first used the same year it was implemented in 1997. More Science News»

		Sports
		India v England, 1st Test: Wary England face tough Rajkot opener R Ashwin would be relishing chops the prospect of a vulnerable batting line-up and if the Bangladesh series is anything to go by, England will be in for a tough time. Official record to Pant, as 42-ball 100 goes missing in history books The record for the fastest hundred in domestic first-class cricket still belongs to Shakti Singh of Himachal Pradesh and only lack of official scorers during the 1990-91 Ranji Trophy match between Himachal Pradesh and Haryana has robbed the fast bowler from Mandi off the official record. SC allows BCCI to spend Rs 58.66 lakh for England Test The Supreme Court on Tuesday asked the Board of Control for Cricket in India (BCCI) to spend upto Rs 58.66 lakh for the conduct of the first Test match between India and England starting at Rajkot on Wednesday. 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
		PM Modi seeks relaxation in visa norms for students headed to UK Prime Minister Narendra Modi on Monday asked Britain to relax student visa rules saying greater mobility of young people must be encouraged, even as Prime Minister Theresa May has said her country has a "good system" for applications. I do not think government can run good institutions: CNR Rao Govt to tweak RTE to define learning outcomes, says HRD minister Prakash Javadekar RTE's no-detain policy till Class VIII has diluted the quality of education, some experts have said. Also, following NGO Pratham's report last year, which said many Class 5 students in rural India couldn’t read, the proposed move may allow schools to ascertain learning skills and take steps. More Education News»

		Mumbai
		100 buses to hit roads for women commuters `Unstable' tracks may hit AC services, fears Rlys Sena burns movie poster, calls it 'vulgar' The members of Shiv Sena Chitrapat Sena on Tuesday burnt the posters of the upcoming hindi movie Ishq Junoon outside Dadar Railway station.The movie is likely to release in theatres on November 11. More Mumbai News»

		Delhi
		CPM demands withdrawal of 'false cases' CPM on Tuesday condemned BJP-ruled Chhattisgarh government for registering a false case of murder against academics Nandini Sundar, Archana Prasad and Vineet Tiwari and a member of its party, Sanjay Parate. Kidney in transit, cops clear way Corporation schools open tomorrow South Delhi Municipal Corporation has directed the education department to reopen its primary schools from November 10, keeping in view the improved condition of smog. More Delhi News»

		Bangalore
		Congress emulating BJP's communal politics? Pourkarmikas to get hot meals, revised pay this November Scrap 'piecemeal' steel bridge project, say architects More Bangalore News»

		Hyderabad
		Centre to take a call on AOC roads today The defence ministry is likely to take a call on Wednesday on the closure of AOC roads in Secunderabad Cantonment. 4 relatives held for pushing man, wife to death Gandhi Nagar police picked up Mira Bai, her son Chintu, daughter Keerthi and son-in-law Bablu in Monday night's murder case in IDH Colony. Students oppose Eflu's move to bar entry of food delivery boys Students of the English and Foreign Language University (Eflu) opposed a verbal ordinance issued by the administration restricting delivery and distribution of food inside the campus. More Hyderabad News»

		Chennai
		Lawyer beaten up by wives for concealing past marriage Two 'wives' of a Madras high court advocate and their family members bashed him up on Sunday for concealing his 'weddings' to them and marrying a high court lawyer at Kodungaiyur. Open drain death: HC pulls up cops "This is an unpardonable negligence on behalf of whoever was responsible for it in the police department, and we cannot let the matter rest at only filing of the chargesheet. Soon, system to forecast a deluge More Chennai News»

		Ahmedabad
		Intense patrolling around Gir reduces conflicts in festival The forest department carried intensive patrolling during the Diwali festival period from October 26 to November 5 around the Gir Wildlife Sanctuary to prevent illegal lion shows and unscrupulous entry into the forest by locals and outsiders. On-the-spot solutions delivered for 74,000 village-level problems The Gujarat government has said that under two recently launched drives called `Seva Setu' and `Pragati Setu', 82,319 applications were received from villages, of which 74,793 were resolved on the spot by the local administration. Centre to focus on green mobility The Union ministry of urban development will now focus on encouraging green mobility and non-motorized modes of transport -such as cycling -said Union urban development minister Venkaiah Naidu. More Ahmedabad News»

		Allahabad
		Sonia Gandhi to visit Allahabad city on November 21 Uttar Pradesh Congress Committee spokesman Kishore Varshney on Monday said that Congress president Sonia Gandhi will be in Sangam City on November 21 to inaugurate the photo exhibition at Swaraj Bhawan. Residents gasp as smog chokes Allahabad's green lungs It's not just the national capital engulfed in heavy smog, Sangam city residents, too, are witnessing the phenomena for the past two days. Robbers kill liquor shop cashier, flee with booty Some unidentified armed robbers stabbed to death the cashier of a liquor shop after looting Rs 19,000 cash and a carton of countrymade liquor in the city outskirts under Karchana police station late on Sunday. The miscreants also targeted the neighbouring jewellery shop and decamped with cash and ornaments worth Rs 50,000. More Allahabad News»

		Bhubaneswar
		Opinion divided on Naveen's simplicity Union petroleum minister Dharmendra Pradhan is not the only one who finds Naveen Patnaik's simplicity appealing.Following the BJP leader's comment, there are more who are now talking about the Naveen persona. Party moves Prez over tribal funds The ruling party on Tuesday sought intervention of President Pranab Mukherjee accusing the NDA government of halting the development of tribals by not releasing funds. Ganjam boy to receive award from President This Children's Day will become special for Subhendu Kumar Sahu, for he will walk down the ramparts of Rashtrapati Bhawan in New Delhi to share a frame with President Pranab Mukherjee. More Bhubaneswar News»

		Bhopal
		On cloud nine, MP govt prepares proforma to calculate citizen happiness Vijayavargiya mocks Rahul, asks when will Pappu pass? Nepanagar to witness straight fight between two party chiefs More Bhopal News»

		Chandigarh
		Manohar Lal Khattar pitches for separate HC for Haryana, again The Haryana government has again raised the demand for a separate high court for the state.It has also demanded equal representation of Punjab and Haryana in the Punjab and Haryana high court. 'Payments to farmers delayed' Congress leader and Barnala MLA Kewal Singh Dhillon met farmers at grain markets in his constituency on Tuesday and alleged that the state government had not been releasing their payments after October 15. Captain Amarinder's call for poll code is childish: SAD "Amarinder is clearly demonstrating his bankruptcy of ideas and clinching at any and every issue." More Chandigarh News»

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Seven favourite stocks of mutual funds and why you should buy these

THE ECONOMIC TIMES Tue, Nov 08, 2016 | 07:03 AM IST ET Wealth Newsletter

WHAT'S HOT #the how to of investing,#the how to of taxation,#how to file income tax return,#acche din for home buyers

Seven favourite stocks of mutual funds and why you should buy these Equity funds accumulated these stocks in large numbers over the past one year. Here's why you need to add them to your portfolio. ET Wealth's 2014, 2015 stock picks have beaten the benchmark Investors in 2014 basket can expect better returns in the coming days. Two of these stocks (Exide and Finolex) are in this year's Most Wanted list. Did you earn lower returns than what mutual funds delivered? Though equity funds delivered good returns, investors got influenced by short-term market movements and took sub-optimal decisions that had an adverse impact on their returns. From our Partners Now start investing in mutual funds within 2 mins on mobile with ET MONEY Switch to smart investing with India's only mobile app that helps you pick the best funds and instantly invest. From our Partners How diversified should your portfolio be? Diversification, in its true essence means having a variety of asset classes in a portfolio. Main benefit being that the risk in one asset gets offset by the stability in the other. Why you should consider buying cement stocks now In addition to better price and lower costs, increase in sales volume is another factor helping cement companies. Why you should think twice before investing for rental income It is not uncommon for investors to treat rent as an important source of income. The biggest merit of rent is that it is inflation-adjusted. What causes burnout at work and how to tackle it Occupational burnout doesn't mean you are finished. It is simply time to recharge. ET Wealth tells you how to go about it. What makes Kotak Emerging Equity Fund a less volatile mid-cap offering The fund, which had some rough initial years, has beaten the mid- and small-cap fund category in recent times, although the outperformance is modest. From our Partners Equity Funds - your runner in the long term race! Equities are true blue wealth creators in the long term - this is probably the most preached mantra, but seldom practiced! From our Partners The "Don'ts" in equities? Whatever level of an investor you fall under, knowing what 'not' to do, could help you figure your route to investing in equities.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? 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. More Calculators

What makes Tech Mahindra stock analysts' top pick The prospects seem bright and the green shoots in the telecom vertical should help the company post strong numbers in the future. Smart things to know about travel insurance for Indian Railways This insurance cover is not applicable for children up to five years of age and foreign citizens, and for suburban railway travel. How Delhi-based Kumar can save Rs 82,000 tax by using home loan tax break, investing in NPS Sudhir Kaushik of Taxspanner.com advises readers on how to restructure their income, investments and expenses to optimise their tax. Interest rates on home loans slashed by big lenders The private lenders now offer interest rates on home loans at 9.2% for loans up to Rs 75 lakh, down from 9.35% earlier. Is corporate health insurance enough to cover your family? The amount and kind of health cover he needs depends on various parameters, such as your health condition and family's medical history. Most Indians not aware of credit score: Here's what you need to know Credit score is essential and defines the interest rate you pay. Still a large majority of consumers are unaware of their scores. What to do with physical share certificates of deceased family members After receiving the requisite documents, the company will issue physical share certificate in the name of new holders (nominees/joint holders/legal heirs). We offer affordable luxury travel: Ratti Dhodapkar, Abercrombie & Kent Vacations India Ratti Dhodapkar, MD, Abercrombie & Kent Vacations India, talks about the changing concept of luxury travel in India and what the future holds for this segment. PSU banks lent nearly double of private banks in Q1 of 2016 Within the total secured portfolio, mortgage, auto and gold loans accounted for 51% of the total receivables, as per Equifax India Consumer Credit Trends Report. How health tech startup Innov4Sight is fighting cancer, infertility The startup has developed a data analytics platform for oncology, Parsight, that aggregates information on cancer patients for research. My saving idea: How investing money given to kids as gift can become a sizeable amount in future To help teach children the importance of saving and investing, S. Ramjee from Chennai has come up with a rather useful way. Alternative investment returns monitor: For week ending November 2, 2016 Here's a weekly tracker of returns from such investments. But don't compare these with returns from traditional investments.

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