News Digest: Tainted British company not roped in for printing notes, says government

		THE TIMES OF INDIA
		Wednesday, January 18, 2017
		Today's Headlines

		India
		Tainted British company not roped in for printing notes, says government The government has denied the allegations levelled by Congress that it had compromised national interest by engaging a tainted UK-based note printing company De La Rue. Broadcasters hail judicial review of tariff rules Delhi top cop front-runner for CBI chief's post Attorney general Mukul Rohatgi told a bench, headed by Justice Kurian Joseph, that the high-panel committee comprising PM Narendra Modi, Chief Justice JS Khehar and leader of the largest opposition group in Lok Sabha, Congress's Mallikarjun Kharge, had met on Monday to sort out who gets to head the premier investigating agency. More India News»

		Business
		Desi companies game for Rs 2,000 4G phones Karbonn and Intex, two homegrown manufacturers, have said that they are “in a position” to meet the low-price criteria - spelled out recently by NITI Aayog - but “it depends on variables” such as size of the order and the government’s advocacy to push the products. SBI raises USD 500mn from overseas bond sale, prices at 3.3% "The pricing offers a spread of 145 bps over the five-year US treasury, which is equivalent to a price of 99.744 per cent yielding 3.306 per cent per annum," SBI said in a note late evening after successfully closing the issue through its London branch. Tax dept keeps in abeyance circular on indirect transfer More Business News»

		Environment
		Oslo bans diesel cars due to high pollution levels Authorities in the Norwegian capital of Oslo on Tuesday for the first time pushed diesel cars off the roads, due to high levels of pollution. The ban does not extend to highways and ring roads around the city, and public transport, cargo vehicles and cars owned by disabled people are exempted. EPCA to enforce graded response plan on pollution in NCR  Terming air pollution in NCR as a "matter of serious concern", which requires "urgent action", the Environment Ministry in its notification assigned the task to implement the plan to Environment Pollution Control and Prevention Authority (EPCA) under the Environment (Protection) Act, 1986. Beijing to be hit by new bout of pollution According to the municipal environmental protection bureau, Beijing will see mild pollution, with the main pollutant being PM 2.5, Sunday. The Air Quality Index is expected to reach between 125 and 145. Pollution will become severe on Monday and hit medium levels on Tuesday. More Environment News»

		World
		Obama commutes sentence of WikiLeaks source Chelsea Manning US President Barack Obama on Tuesday commuted the sentence of Chelsea Manning, who is serving 35 years behind bars for giving classified US documents to WikiLeaks. Military jet mistakenly bombs refugee camp, kills more than 100 in Nigeria A Nigerian state official says an Air Force jet on a mission against Boko Haram extremists has mistakenly bombed a refugee camp, killing more than 100 refugees & wounding aid workers. Military commander Maj. Gen. Lucky Irabor confirms the accidental bombardment near the border with Cameroon. UN warns of famine risk in Somalia amid worsening drought Five million Somalis, or more than four out of 10 people, do not have enough to eat because of poor rains and fighting between the Islamist militant group al Shabaab and Somalia's African Union-backed government. Famine last struck pockets of Somalia in 2011, killing 260,000 people. More World News»

		Entertainment
		Shahid shares a shirtless pic from the beach The ‘Udta Punjab’ star has shared a shirtless picture of him on the beach. 'Kaabil' arrives for Censor Board clearance 'Kaabil' that is scheduled to hit theatres on January 25, 2017, has been submitted to the Central Board of Film Certification (CBFC), for certification and clearance. 'Raees' dialogue promo:  SRK raises the heat The film’s third dialogue promo has arrived, and it sees Shah Rukh Khan switching gears from bragging about his ‘baniye ka dimaag’ to landing heavy punches. More Entertainment News»

		Science
		Our universe contains two trillion galaxies: Study The universe contains an astonishing two trillion galaxies, ten times more than previously thought, according to a new study. Astronomers have long sought to determine how many galaxies there are in the observable universe, the part of the cosmos where light from distant objects has had time to reach us. Fight against malaria needs to include cattle-sheds too, says new study In India, about 95% of the population lives in malaria endemic areas. There were over 1.1 million confirmed cases of malaria in 2014 but this is an underestimate since the surveillance and blood testing does not cover the whole population. In 2014, only about 10% of the population had their blood tested for malaria. Gene Cernan, last astronaut to walk on the moon, dies at 82 On December 14, 1972, Gene Cernan became the last of only a dozen men to walk on the moon. Cernan called it "perhaps the brightest moment of my life. ... It's like you would want to freeze that moment and take it home with you. But you can't." More Science News»

		Sports
		Sachin Tendulkar much better player than Virat Kohli: Yousuf "I don't want to take anything away from Kohli. He is an exceptional talent. But I rate Tendulkar much higher because of the era he played in, against the best teams, fast bowlers and spinners," Yousuf said. Got the benefit of batting alongside Kohli: Jadhav Kedar Jadhav and Virat Kohli shared a 200-run partnership for the fifth wicket to set up a famous victory against England. The local hero did what many could not — overshadow Kohli with his array of strokes. Novak Djokovic lays down marker at Australian Open Novak Djokovic prevailed over Fernando Verdasco 6-1, 7-6 (7/4), 6-2 in 2hr 20min on Rod Laver Arena to progress to a second round encounter with either Uzbekistan's Denis Istomin or Croatia's Ivan Dodig. More Sports News»

		Technology
		Infosys: Ethical standards must to leverage AI Artificial intelligence (AI) will play fundamental role in the success of an organisation's strategy but stringent ethical standards are also needed to ensure the success of the new technology, a report by Infosys today said. Here's why Microsoft CEO Satya Nadella is not worried about Donald Trump's 'warning' to IT companies President-elect Donald Trump's stern warning to American companies for not doing enough to keep jobs in the US does not make Microsoft's India-born CEO Satya Nadella nervous as he is confident about the tech giant's role as a job creator. Samsung betting big on Indian smartphone market With India being one of the fastest growing smartphone markets, mobile handset maker Samsung India is looking to maintain its strong position, riding on the back of innovative launches, a senior official of the company said here today. More Technology News»

		Education
		Delhi govt to come up with more vocational training centres In order to promote skill-based education, Delhi govt is in process of opening new vocational training centres, Deputy chief minister Manish Sisodia said on Monday. "There are priority areas like retail, hospitality & travel tourism wherein students need skill training, he said. Delhi govt asks pvt schools to not follow CBSE guideline on appointment of principals Delhi Government has asked private schools in the national capital to not follow the recent CBSE circular on appointment of principals as the new clauses are contrary to the provisions of Delhi School Education Rules. Delhi govt to come up with more vocational training centres In order to promote skill-based education, Delhi government is in process of opening new vocational training centres, Deputy chief minister Manish Sisodia said on Monday. "There are priority areas like retail, hospitality & travel tourism wherein students need skill training, he said. More Education News»

		Mumbai
		Sheena Bora murder case: Court slaps murder charge on Indrani, Peter and Sanjeev Van attendant gets 7 years for raping four-year-old girl Software helps netas sort voters on community lines More Mumbai News»

		Delhi
		Sunil Rastogi linked to 58 cases of child abuse House panel to probe fund crisis in corporations The impending civic polls dominated the agenda during the first day of the two-day assembly session. CBSE clears air on hiring of principals The board has now clarified that there is no contradiction between their decisions. More Delhi News»

		Bangalore
		BBMP revenue inspector hangs himself at home A 48-year-old revenue inspector with BBMP allegedly committed suicide at his Srinagar residence in south Bengaluru on Monday. Church Street will wear a new look in six months Church Street, the central business district's high street which is plagued by uneven pavements and leaking sewage lines, will get a facelift in six months. Mall is structurally safe, says authorities of Mantri Square Authorities of Mantri Square said on Tuesday that they have undertaken investigations to ensure complete structural safety for the mall's patrons. More Bangalore News»

		Hyderabad
		Five peacocks found poisoned in Hayathnagar, hunt on for culprits Five peacocks were found dead at an open plot in IPM Colony at Hayathnagar on Tuesday afternoon. Journalist detained for trespass, released Hours before protests to mark Rohith's 'Shahadath Din' reached their peak at the UoH campus on Tuesday, the Cyberabad police detained a Frontline journalist on charges of 'criminal trespassing'. Thousands rise up across the country Protest rallies, discussions and seminars were held in cities across the country to mark the first death anniversary of Rohith Vemula. More Hyderabad News»

		Chennai
		Metro tunnelling in north Chennai to begin in February Work on the underground stretch to connect north Chennai through metro trains in the phase-1 extension of the project will be completed in seven months from February. 'Ethical' doctors, residents plan to bring back family physicians Deepa takes political plunge, to spell out party plans on Feb 24 Deepa Jayakumar, J Jayalalithaa's niece who has become a rallying point for dissenters in the AIADMK unhappy with V K Sasikala becoming party general secretary, on Tuesday said she has decided to enter politics. More Chennai News»

		Ahmedabad
		English enters Gujarati lexicon Reflects State's Evolving Linguistic Currency Murders of 3 rationalists linked, says Directorate of Forensic Sciences The ballistics report of three murders has found that Pansare and his wife were shot dead using two firearms in Mumbai in February 2015. Dream for a nobler world More Ahmedabad News»

		Allahabad
		For 50 years, work is a pilgrimage for him Ind candidates may mar poll prospects of many Pedal patrol by women cops on mela campus More Allahabad News»

		Bhubaneswar
		Bhubaneswar Municipal Corporation restricts sale of chicken and eggs after bird flu outbreak 351 law will take its own course: Dharmendra Pradhan Oil minister Dharmendra Pradhan on Monday said law will take its own course in the case of his brother Soumendra against whom the state vigilance lodged a case for alleged irregularities by his cooking gas agency. Burnt body of woman sarpanch candidate found in Gajapati Police on Monday found the half-burnt body of a woman sarpanch candidate near Sagada hill, around 3km from Chandagiri in the state's Gajapati district, triggering alarm ahead of the three-tier rural polls in February. More Bhubaneswar News»

		Bhopal
		BJP leader Ajay Vishnoi wants Sanjay Pathak to quit on moral grounds The multi-crore hawala scam in Katni allegedly involving minister of state (independent charge) Sanjay Pathak has led to differences in the ruling BJP. Former minister Ajay Vishnoi has demanded that Pathak should quit his ministerial post in the interest of a fair investigation into the case. Vishnoi argued that he had also resigned from his ministerial post before to put things in perspective AICC sends Vivek Tankha to report on police action against MPCC chief Congress party will hold a demonstration outside the Reserve Bank of India (RBI) premises here against demonetisation `mismanagement’ and fallout on Wednesday. Former Union leader and senior party leader Mukul Wasnik will lead the demonstration along with Rajya Sabha MP Vivek Tankha. This is part of the nation-wide stir called by All India Congress Committee (AICC) against demonetisation of high value currency. MP Congress demands criminal proceedings against policemen for lathi-charge More Bhopal News»

		Chandigarh
		4 members of Gadoli gang held in Rohtak Rohtak police arrested members of the notorious Gadoli gang on Tuesday. All four accused were later sent to judicial custody after being produced in the court. Draw of lots for school admissions begin Draw of lots for admission in elementary classes began on Tuesday. On day one, St Kabir School in Sector 26 and Saupins School in Sector 32 conducted draw of lots. St Kabir opened 42 out of 90 seats in the general and preferred categories. Need-based policy needs relook: Residents In Mohali, residents hope for a solution to the need based policy imbroglio after the elections. The policy by Greater Mohali Area Development Authority (GMADA) has been in a state of limbo with no headway being made despite earnest promises. More Chandigarh News»

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8 unknown stocks that could yield huge returns

THE ECONOMIC TIMES Tue, Jan 17, 2017 | 06:58 AM IST ET Wealth Newsletter

WHAT'S HOT #sukanya samriddhi yojana calculator, #taking a personal loan,#tax saving,#the how to of investing,#the how to of taxation

8 unknown stocks that could yield huge returns These stocks are still not on the radar of most investors. So buy these scrips if you want to earn outsized returns in a few years. Investors should focus on the quality of business, not its size: P Agrawal, ASK Investment Managers Demonetisation has only deferred demand. Once it is back, corporate earnings will rise, says Prateek Agrawal, Business Head and CIO, ASK Investment Managers. Why too many schemes won't diversify your mutual fund portfolio Having fewer funds can push up overall returns of the portfolio because the investor is able to monitor the portfolio and take corrective actions. From our Partners 8 things you must do right now to retire as a billionaire Here's a sneak peek into the life of famous billionaire Mark Zuckerberg: He is the world's fifth-richest person with a net worth estimated to be $56.7 billion. 6 Bengaluru engineering colleges shut as selling land more profitable At least 100 colleges have opted for "progressive closure" this academic year, with Karnataka accounting for 8, the highest ever tally for the state in 4 years. Here are 5 things investors can learn from cricketer Dhoni Constant learning made him one of the greatest cricketer of our times. In finance, learning can also translate into earning. Demonetisation cost realty sector Rs 22,000 cr: Knight Frank Report Demonetisation pulled down last quarter sales across all cities. Despite one-third of the fourth quarter being the festive season, sales fell by 40%. Here's how you can network effectively and still enjoy doing it Are you destined to live a life of professional mediocrity simply because you despise self promotion and making small talk with strangers? From our Partners Tee off on mutual funds Picking up a mutual fund is also a similar exercise. You set your goal and decide the scheme you need to invest in.

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

Banking MFs in limelight but diversified funds stabler option Investing in a banking fund right now amounts to timing the market, something long-term investors should avoid doing. Indian consumers' keenness to buy plummets post demonetisation: TRA Research The Buying Propensity Index is a result of primary research covering 3,000 consumer-influencers across 8 Tier I cities. ET Money personal finance app shows the easy way to track your finances An endearing feature in all categories, i.e., Spends, Bill Calendar, SmartDeposit or Investments, is that each option is clearly and succinctly explained. Is SEBI right in restricting mutual fund distributors from offering investment advice? ET Wealth reached out to three experts to know whether SEBI has done the right thing by segregating sales from investment advice. MF Portfolio Doctor: Reduce number of funds to consolidate portfolio Portfolio Doctor will help you analyse the performance of your mutual funds and their suitability for your financial goals. All eyes on Budget 2017 proposals on capital gains tax The Budget is round the corner and speculation is rife about what it holds for investors. How the FM deals with tax on capital will be interesting to watch. Which is a better investment option: ELSS or PPF? ELSS actively invests in the equity markets, with a potential to earn higher returns than traditional savings options like PPF. How tax related, PAN grievances can be resolved through E-Nivaran E-Nivaran offers a paperless mode of lodging one's complaint, getting the complaint processed and track status of redressal of the same. Capacity addition, strong operating cash flow make Jubilant FoodWorks good long term bet Though Jubilant FoodWork's fundamentals are strong and it is expected to do well in the long term, the company's valuation is still high. Startup FITPASS makes going to the gym economical and convenient for customers Arushi and Akshay Verma, Co-founders, FITPASS. Prominent gym chains that are part of the FITPASS network include Gold's Gym, Snap Fitness and Reebok Crossfit. Birla Sun Life Small & Midcap Fund: Wait and watch before opting to buy The fund tilts towards smaller-sized companies compared to its peers, as is visible from its lower portfolio average market capitalisation. Domestic demand will drive the growth in India: Abhijit Bhave, Karvy Private Wealth "Look at investing in medium-term debt instruments and expect high single digit returns," says Abhijit Bhave, CEO, Karvy Private Wealth. Salaried Sreenivasan can cut tax outgo by taking home loan, medical insurance Taxspanner estimates that Sreenivasan can bring down tax if his employer offers him NPS benefit and he takes a home loan and buys medical insurance. Family Finances: Kolkata-based Pandas need to start planning early to meet financial goals Abinash Panda's financial goals include saving for emergencies, future child's education and wedding, retirement, and buying a car. 5 smart things to know about Equity Linked Structured Note A typical ELN is principal protected so that at maturity the investor is guaranteed to receive the original amount invested. Unemployment in India to increase marginally in 2017-18: UN Report Job creation is not expected to pick up pace in 2017 and 2018 as unemployment rises slightly, representing a near stagnation in percentage terms. Alternative investment returns monitor: For week ending January 11, 2017 Don't compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

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