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Tuesday, December 6, 2016

News Digest: Terror-related cases in J&K at 4-year high

THE TIMES OF INDIA
Wednesday, December 07, 2016
Today's Headlines

Terror-related cases in J&K at 4-year high
Terror-related violence in Jammu & Kashmir has peaked to its highest level in four years, with incidents up 47% and killing of terrorists witnessing a 300% spike over 2015. Also, with terrorists going after security personnel and their camps, force casualties have jumped 87% from 39 in 2015 to 71 till November 27 this year.

Punjab cops didn't let Basit hold press meet
Even as India has denied Pakistan’s claims of ill treatment of its foreign advisor Sartaz Aziz during his Amritsar trip, athree-minute video clip has now surfaced showing how Pakistan high commissioner to India, Abdul Basit, nearly breached hotel security. However an alert Punjab Police officer firmly stood his ground.

10 youths from Punjab on death row in UAE
Ten youths from different parts of Punjab have been given death sentence by a trial court in Al Ain in Abu Dhabi for murdering a Pakistani man. All the men on death row were working as labourers in the UAE. They were awarded capital punishment on October 26 but the news has come out only now.

More India News»

US SC rules for Samsung in fight with Apple
The US Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that said the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs.

Banks gearing up for second round of pay day rush

Centre asks banks to install additional 10 lakh PoS
In order to promote digital transactions across the country, the government has asked banks to install 10 lakh additional point of sale terminals within four months. There are about 15 lakh PoS terminals currently across different merchants to facilitate card-based payments.

More Business News»

Regions around Delhi contribute to its pollution: Expert
The regions surrounding Delhi contribute significantly to the pollution in the national capital, which should be tackled in order to solve this problem, an expert said on Tuesday.

Indonesia expands protection for peatlands, climate

How toxic water destroyed Pakistan's largest lake
For generations, the Mohanna tribe have lived, loved, worked, and played on Pakistan's Manchar Lake; their floating settlement serving their needs from birth to death. But an unrelenting flow of toxic wastewater has slowly rendered it inhospitable, poisoning the water and almost everything in it.

More Environment News»

Merkel re-elected by party to lead it into 2017 polls
German Chancellor Angela Merkel won re-election as chairwoman of her Christian Democrats (CDU) on Tuesday with 89.5 per cent of votes cast by just under 1,000 party delegates, giving her a boost as she seeks a fourth term in office next year.

5 killed in coal mine accident in China
At least five workers have been killed and six remain trapped in a coal mine after a gas explosion in central China's Hubei province, the third major mine accident in recent days in the world's top coal producing nation.

Fake US embassy in Ghana shut down
A fake US embassy that operated for "about a decade" in Ghana's capital issuing counterfeit and fraudulently obtained visas has been shut down, the US State Department announced. The scam was orchestrated by 'Ghanaian and Turkish organised crime rings' and a Ghanaian attorney, a statement said.

More World News»

Amy: Akshay is better than Schwarzenegger
Amy Jackson talks about shooting with Akshay Kumar and Rajinikanth

Bollywood's top 10 seductive saree songs

'Kaabil' title track to be out tomorrow
It’s rare to see an action adventure with a passionate love story. Director Sanjay Gupta’s 'Kaabil', which stars Hrithik Roshan and Yami Gautam as a visually-challenged couple, is one such film.

More Entertainment News»

Plants can learn from surroundings, study finds

Chemotherapy may cause women to grow new eggs: Study

Robot flying ambulance makes first solo flight
An autonomous flying ambulance has successfully completed its first solo test flight, offering a potential solution for challenging search and rescue missions.

More Science News»

Dhoni may play for India A in warm-up games against England
India's limited overs captain Mahendra Singh Dhoni, who has not been playing since the home series against New Zealand in October, would have gone into the ODI series against England, which begins January 15 next year, without proper game time for 77 days.

Don't pinpoint Vijay's short-ball dismissals, urges Kumble
India's opening woes have continued in this home season with Shikhar Dhawan losing form and then getting injured. KL Rahul had an injury lay-off while Gautam Gambhir also failed miserably on his comeback.

Will speak to Thakur and Shirke on revocation, says Ganguly
Bengal's smog-hit Ranji encounter against Gujarat (November 7-10) was rescheduled when two days went without a ball being bowled. The match was rescheduled to December 15-18 in Visakhapatnam but MCA and NCA took up the matter with BCCI citing it as an "unfair advantage" for the two teams.

More Sports News»

Google's India revenues jump 44% to touch Rs 5,904 in FY2016
Google India's annual revenues jumped 44% with business doubling in the past two years. Google India Pvt Ltd posted a turnover of Rs 5,904 crore during the year to March 2016, outstripping its last year's growth of 35% to Rs 4,108 crore.

Infosys assigns 'profit & loss' responsibilities to horizontal delivery heads
In addition to asking industry unit heads to run their business with separate profit and loss statements, Infosys is working on making its horizontal delivery heads operate under a P&L structure as well, as it looks to boost growth.

India's internet population expected to double to 600 million by 2020: Study
With increased 4G and 3G penetration, the internet user base in India is rapidly expanding and has reached a penetration of over 27% versus 50.3% penetration in China and expected to double to 600 million users by 2020 from 343 million users currently, according to an Assocham-Deloitte joint study.

More Technology News»

More firms but fewer offers at IITs this year
At IIT-Bombay, the number of students picked by leading finance and consulting firms has reduced; it has shrunk from 16 to 13 as in the case with Goldman Sachs or nine to four from consulting firm BCG. Meanwhile, students across IITs have received more offers from the analytics sector.

CAT flaws: Candidates point at complete mismanagement
Though IIM-Bangalore said on Monday that the leaking of the toughest section of last Sunday’s Common Admission Test (CAT) for the Indian Institutes of Management and other prominent business schools on social media sites was an isolated incident that was being dealt with, some candidates have alleged “complete mismanagement” at the test centres.

UGC amends regulations, college principals to get one more term
The University Grants Commission (UGC) in one of the important decisions has said that a college principal can get one more term after completion of his/her five-year tenure, following the constitution of the external peer review committee.

More Education News»

Rs 2L cr income: Family's PAN cards may have been misused

Aarey Metro carshed gets govt's green nod

24-year-old physio raped, killed at home

More Mumbai News»

No cash for daily business, Delhi takes old barter route

These Himalayan dreams freeze as money goes cold

As people stand, banks think on feet
​As the capital inched towards a full month since the surprise announcement on demonetisation, most banks in the city had more cash and fewer visible lines on Tuesday.​

More Delhi News»

Four sub-committees to study drought
The government on Tuesday constituted four cabinet subcommittees to study and assess the implementation of relief measures in drought-hit taluks across the state.

5th edition of Pinkathon on January 29
The fifth edition of Pinkathon, India's biggest multi-city running event, will be held on January 29 in Bengaluru.

What will happen to DA case pending in Karnataka?
The special court in Bengaluru had convicted late Tamil Nadu chief minister J Jayalalithaa along with three others, including Sasikala Natarajan, in September 2014.

More Bangalore News»

Outsiders in panel: Shrinks draw battle lines
Psychiatrists are up in arms against the state government's move to allow non-psychiatrists to inspect hospitals in the city in violation of rules.

Tamil film awards to be given on Ugadi
The film awards instituted by the Telangana government will be given away for the first time on Ugadi next year.

Tamilians in Hyderabad recall Jayalalithaa's indomitable spirit
As news broke on Jayalalithaa's death late Monday , S Jayaraman was shaken. A former employee with Madras Port Trust, the 76-year-old, who settled in Nagole after retirement, says there will never be another Amma.

More Hyderabad News»

Srinivasa Iyer Ramaswamy passes away, aged 82

Vellore, Tiruvannamalai see a shutdown; no unrest reported

Puducherry government announces three-day mourning for Jayalalithaa

More Chennai News»

Man stabbed to death in Amraiwadi, accused held

Spouse of bank employee entitled to transfer benefits: HC
Gujarat high court has held that a government employee, who is spouse of a nationalized bank employee, is entitled to the inter-district transfer to the place his/her spouse is posted.

'Sadakal Gujarat' to be held in Varanasi
The Gujarat government has planned to hold it’s annual ‘Sadakal Gujarat’ celebrations at Prime Minister Narendra Modi’s parliamentary constituency Varanasi in Uttar Pradesh (UP) on December 10 and 11.

More Ahmedabad News»

'If BJP forms govt in UP, it will be end of caste-based politics'
BJP state president Keshav Prasad Maurya said mafias would be sent behind the bars once BJP forms its government in the state.

Traditional chulhas for kalpwasis at Magh Mela
With lakhs of devotees spending over a month on the banks of Ganga and performing kalpwas, the Magh Mela administration has arranged as many as 10,000 ‘chulhas’ (earthen stoves made of soil) for kalpwasis, who would be preparing their meals once a day during their stay on the mela campus.

ATMs empty, so are wallets

More Allahabad News»

40% houses in Odisha not electrified

40% houses in Odisha not electrified
While both the central and the state governments often claim to ensure electricity for all by 2018, around 40% families in Odisha don’t have electricity connections.

Former Odisha minister Lalit Mohan Gandhi falls off train, dies

More Bhubaneswar News»

Married woman gangraped, 4 held, two on the run
The arrested have been identified as Abu Bankar, Raju Khandel, Akash Goliya and Guddu alias Ramesh while a hunt has been launched to arrested two others - Raju Nikkam and Babu Jatav.

Power minister faces BJP, Congress MLAs' ire
No response to my plea for electrification of a village in 12 yrs, says ruling party legislator

State kicks off 271 crore heritage plan for 'Swadesh Darshan'
Project aims at upgradation of heritage, Buddhist and wildlife sites

More Bhopal News»

State dithering on implementing projects: Union health minister J P Nadda
The Centre’s initiative to speed up development activities in the hill state was coming to a naught due to the lackadaisical approach of the Congress government in Himachal Pradesh, Union health minister J P Nadda said here on Tuesday.

Court dismisses petition with Rs 1 lakh cost
The Himachal Pradesh high court on Tuesday dismissed a petition with Rs one lakh cost and directed the then members of a managing committee of cooperative society to pay Rs 50,000. It said the remaining amount will be recovered from the secretary of the society.

Woman, 4-year-old girl burned to death by kin in Jind
A 25-year-old woman and her daughter, 4, were allegedly burned to death by their family members in Julana town of Jind district in Haryana.

More Chandigarh News»

Make Audi Q3 yours at an EMI of 1670/lakhVolkswagen Finance
Men casual shoes at Rs. 399 for the cool youReliance Footprint
New Renault KWID AMT – Live for moreRenault Kwid
Raymond Sweaters – Best in quality & styleRaymond Sweaters
Get 1 cr life cover @Rs. 18/day*HDFC Life

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Monday, December 5, 2016

Is it safe to invest in gold amid fears of government crackdown and likely fall in prices?

THE ECONOMIC TIMES
Tue, Dec 06, 2016 | 06:56 AM IST

ET Wealth Newsletter

WHAT'S HOT #tax saving,#the how to of investing,#the how to of taxation,#how to file income tax return
Is it safe to invest in gold amid fears of government crackdown and likely fall in prices?
Fears of a crackdown and global factors have brought down gold prices in India. Find out whether it is safe to invest in the yellow metal.
What are your options if the government puts a limit on gold holding?
The Sovereign Gold Bonds could be a good alternative to the metal but people might not opt for the Gold Monetisation Scheme.
Why infrastructure stocks could be a good buy now
The government's focus on further spending and expected lowering of interest rates, is a good opportunity to buy shares in select infrastructure companies.
From our Partners
Watch how SocialCops tackles real world problems with data intelligence
SocialCops is currently being used by more than 150 organizations around the world to run baseline surveys, create real-time monitoring systems, make strategic investment decisions, and generate insights to make better data-driven decisions.
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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.
How to deal with envy at the workplace
Envy does not energise, instead it destroys. Here's how you can identify and deal with the green-eyed monster at work.
Liquid MFs offering instant redemption facility score over bank FDs
Liquid and ultra short-term funds have emerged as a more viable alternative for parking the excess cash lying in bank savings accounts.
Deposit of 80% of banned currency in banks raises doubts about success of demonetisation
With less than a month to go (30 December) till the banned currency notes can be deposited, the objective will be defeated if 90% of these are deposited.
Should you invest via mutual funds or use portfolio management services? Find out
MFs and portfolio management services are different vehicles for investing in various asset classes. We delve into their features to figure out which suits you best.
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.
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!

Financial Calculators

Tax Impact Calculator
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
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.
BNP Paribas Midcap Fund: Put on the wait-and-watch list

While the fund has delivered decent mid-tier performance in recent years, its new fund management team will need time to prove execution capabilities.

Proposed merger with Videocon D2H makes Dish TV stock analysts' top pick

The merged entity will have a huge bargaining power with ad and content players, and this has made Dish TV analysts' top pick.

How to pick value stocks using Joel Greenblatt's 'magic formula'

If you're looking for promising buys as an investor then why not try the value investor's stock picking formula to identify some?

Here's how your employer can help you save tax

By simply providing expert guidance and a tax friendly salary structure, a company can help its employee optimise his tax.

50% of Indian netizens will be paying digitally by 2020: Google-BCG study

According to a recent Google-BCG study, by 2025, 40-45% ($650-700 billion) of total retail spend would be digitally influenced.

How Mumbai based Mukherjee can reduce tax outgo by 34%

Sudhir Kaushik of Taxspanner.com advises readers on how to restructure their income, investments and expenses to optimise their tax

View: Why tax evaders will have to fall in line for their own good post demonetisation

We cannot afford a system where a set of individuals decides to allocate large amounts of money to luxurious purchases.

How to ensure that you meet your financial goals

The only way to judge how one's investments have performed would be to wait and see whether or not they are able to meet the goals.

Mutual funds hike stake in Tata Motors, Tata Steel despite recent turmoil

Tata Motors and Tata Steel have been witnessing buying trend. Fund managers have added 98.76 lakh and 42.14 lakh shares of each, respectively.

How to make the most of payments bank

Payments bank is the latest buzzword in the financial services industry. Here's how it works and more importantly, how you can make the most of it.

My saving idea: Buy things off season and make the most of festive discounts

All you have to do is wait till the demand for a particular item you want subsides, and then buy it at a deep discount.

Govt must reward honest taxpayers with big tax cut: Aashish Sommaiyaa, Motilal Oswal AMC

Demonetisation may cause a temporary dip in the economy as purchases are postponed, but the long-term picture is looking bright, says Aashish Sommaiyaa, MD & CEO, Motilal Oswal AMC.

How to add a joint holder to a non-resident account

Smart things to know about taxation of investment under PMGKY

Pradhan Mantri Garib Kalyan Yojana will allow people to deposit previously untaxed money by paying 50% of the total amount.

Multi-channel startup Voylla carves a niche in the fashion jewellery space

"Creating a brand in a highly fragmented industry was both challenging and exciting": Vishwas and Jagriti Shringi, Co-founders, Voylla

​Alternative investment returns monitor: For week ending November 30, 2016

Don't compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

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