News Digest: Lower odds for El Nino effect brighten monsoon prospects

		THE TIMES OF INDIA
		Wednesday, April 19, 2017
		Today's Headlines

		India
		Lower odds for El Nino effect brighten monsoon prospects A drop in the probability of El Nino setting in during mid-2017 was a crucial factor behind the India Meteorological Department's forecast of a normal monsoon this year, although rains have still been pegged at the lower end of the range. Prescribing generic medicines already a must under MCI rules While PM Modi has said that “legal arrangements“ will be made to make prescription of generic medicines compulsory, the fact is that this is already mandatory . The Medical Council of India's ethics code for docs made generic prescription mandatory in October 2016, though it has never been enforced. Prevent train delays or face action: Railways Faced with public outcry over trains running late, railways has directed senior officials to monitor train operations and ensure they run on time or get ready to face action. More India News»

		Business
		Rupee falls by 11 paise against dollar on fund outflows The rupee fell for a second day as sluggish domestic equities along with continued selling by foreign investors kept pressure on the domestic currency. A broadly weak greenback overseas on the other hand cushioned the losses. Sensex surrenders early gains, sheds 95 points on global cues The 30-share index rose over 267 points in morning trade and shot up to 29,701.19, but later lost momentum to hit the day's low of 29,286.38. It finally ended 94.56 points, or 0.32 per cent lower at 29,319.10. The Sensex has slumped by 469.25 points or 1.58 per cent in four days. Tata Housing announces plan to expand to Africa More Business News»

		Environment
		Ban on plastic: NGT seeks status report from Delhi govt Environmental groups warn UK government on post-Brexit deals Greenpeace, WWF, and Friends of the Earth have signed a letter to Prime Minister Theresa May stressing that environmental protection must remain a priority after Britain leaves the European Union. They were joined by tennis star Andy Murray and singer Will Young. Zoo confirms April the giraffe's calf is a male Before an online audience of more than a million viewers, April the giraffe gave birth to a male calf on Saturday at a New York zoo, ending weeks of proverbial pacing by animal lovers in a virtual worldwide waiting room. More Environment News»

		World
		Female Ahmadi professor stabbed at home in Lahore A woman Ahmadi professor was found stabbed to death in her house in the residential colony of Pakistan’s top Punjab University (PU) in Lahore on Tuesday. Mummies discovered in ancient tomb near Egypt's Luxor Archaeologists, who have unearthed several mummies, colourful wooden sarcophagi and more than 1,000 funerary statues in a 3,500-year-old tomb near the city of Luxor, hailed it as an "important discovery". The 18th Dynasty tomb was discovered in the Draa Abul Nagaa necropolis. Donald Trump: Different strokes More World News»

		Entertainment
		The debate Sonu Nigam started: I wake up to... Salman's best dialogues in 'Hanuman Da Damdaar' Behind-the-scenes pictures of 'Baahubali 2: The Conclusion' While the first part was definitely entertaining, ‘Baahubali 2: The Conclusion’ seems to take the excitement of the audience to the next level. More Entertainment News»

		Science
		Glacier shape predicts risk of thinning: Study A glacier's risk of thinning can be predicted by analysing its shape, according to a new study that could help predict how much the Greenland Ice Sheet will contribute to future sea-level rise during the next century. New Google Earth to be launched on April 18 Here's how heavy drinking causes accidents People who are heavy drinkers, those that drink between 10 and 40 alcoholic drinks per week, may perceive that they can handle the alcohol, as it leads people to judge that they are not impaired. More Science News»

		Sports
		IPL: Gayle, Kohli star as RCB beat Gujarat by 21 runs Chris Gayle (77) and skipper Virat Kohli (64) hit fine half centuries as Royal Challengers Bangalore beat Gujarat Lions by 21 runs to register their second victory in the 10th edition of the Indian Premier League at the SCA Stadium in Rajkot on Tuesday. IPL: Chris Gayle first to 10,000 runs in T20s Chris Gayle has become the first batsman in the world to reach the landmark of 10,000 runs in Twenty20 cricket. The big-hitting West Indian achieved the feat during his ongoing innings for Royal Challengers Bangalore in game 20 of IPL 2017 versus Gujarat Lions Dhoni need not prove anything to anyone: Shane Warne Removed from captaincy before the start of the 10th edition of the IPL, Mahendra Singh Dhoni so far has had a quiet tournament for Rising Pune Supergiant by his standards, scoring 61 runs in five games. More Sports News»

		Technology
		iPhone 8's virtual home button could be another reason for its delay It has also been mentioned that the removal of fingerprint sensor in the iPhone 8 would affect consumer adoption. OnePlus 3 and OnePlus 3T get OxygenOS 4.1.3 with several improvements and fixes The OTA update is incremental so all the OnePlus 3 and the OnePlus 3T users might not receive the update at one go. Samsung Galaxy S8, Galaxy S8+ will be available exclusively on Flipkart The teaser image on Flipkart shows the handset’s front panel with the text “Unbox your phone” which the company has been teasing on social media for the flagship smartphones. More Technology News»

		Education
		JNU, DU may get financial autonomy Top ranking educational institutions such as Jawaharlal Nehru University, Banaras Hindu University, Delhi University, Shri Ram College of Commerce (SRCC) and Lady Shri Ram College which are funded by the Centre could get full operational autonomy including in financial matters. HRD Ministry launches app to track funding, progress of projects Higher education stakeholders will now be able to track the progress of projects under Rashtriya Uchchatar Shiksha Abhiyan with the HRD Ministry launching a 'Fund and reform' tracker. The Ministry has also signed a MoU with the Indian Space Research Organisation for geo-tracking of RUSA projects. IIT Kharagpur to introduce Vastu Shastra The country’s oldest and largest IIT will introduce the rudiments to first and second-year undergraduate architecture students this August, while those pursuing post-graduation or research scholars in infrastructure will get a detailed grounding on the subject. More Education News»

		Mumbai
		Woman from Uzbekistan arrested with fake Indian visa Immigration officials at the city's international airport caught an Uzbek who tried to fly back to her country with a fake Indian visa on April 15. Sahar police, who have taken custody of Rajabova Zebarjon (23), learnt that she got the visa through a travel agent in Kathmandu before flying to Delhi. Cases pile up as three FDA labs hit by staff crunch Three laboratories of the state Food and Drug Administration (FDA) are reeling under a huge pendency of cases owing to a large number of vacancies and an overwhelming flow of samples. Mumbai University examination fees to double from next year From the coming academic session, Mumbai University students will have to shell out at least 50-100% more money as examination fees owing to the increase in the remuneration of the examiners. More Mumbai News»

		Delhi
		Delhi: Betting rackets busted, nine arrested In the first incident in southeast Delhi's Greater Kailash area, three men - Manbirender Singh, Surender Singh and Monty Narula - were arrested. Police said they received an information about the racket on Tuesday. Delhi Metro pays home owners Rs 6 crore to raze top floor of 2 houses A deadline crunch for phase III has prompted Delhi Metro to think out of the box. To "acquire" a 714-square-metre plot, it has directly negotiated with house owners and paid Rs 5.91 crore for rights to demolish just the top floors of the two adjacent buildings. Arvind Kejriwal questions impartiality of EC, accuses LG office of leaks Delhi CM Arvind Kejriwal has said that he finds two of the three election commissioners biased because of what he claims to be the proximity of one of them to PM Narendra Modi and of the other to MP chief minister Shivraj Singh Chouhan. More Delhi News»

		Bangalore
		Mallya arrest: A presser in 1985, a tweet in 2017 His reaction was uncannily similar to the stance he adopted a good 32 years ago, when he was arrested for violating Foreign Exchange Regulation Act in Bengaluru. In his late 20s then and new to his role as UB Group chairman, Mallya was arrested on his arrival on a late evening flight for financing Manu Chhabria family's acquisition of shares in Shaw Wallace & Co Ltd. Parts of city wake up to 10 seconds of tremors Students of premier law schools seek national importance tag More Bangalore News»

		Hyderabad
		Gandhi doctors intensify stir as lack of promotions stings To Boycott OP Duties From May 16th No rival to KCR for TRS chief's post K Chandrasekhar Rao.Tuesday was the last day to receive nominations. Eco-Park will take off in Hyderabad soon Though the authority had prepared the concept plan for eco-park a year ago, the municipal administration and urban department has cleared the project recently. More Hyderabad News»

		Chennai
		TN CM promises Rs 10cr for new hostel for Presidency college Revamped animal hosp in Adyar cheers pet owners No heat wave precaution for them, workers toil under the harsh sun More Chennai News»

		Ahmedabad
		SC lets varsities give preference to own students on 25% of PG medical seats Vanzara to be feted at rally on April 24 Uproar over Rajya Sabha member's photo with lions More Ahmedabad News»

		Allahabad
		Devotees from Southern states show the way at Sangam Unrest continues at Allahabad University The Arts faculty of Allahabad University continued to witness unrest on the issue of conducting raids as scores of inmates from various hostel staged a demonstration at the VC office, on Monday. IITians set up start-up to wash cars,bikes Shwetank Agarwal, director and CEO of the company, told TOI that they had dreams to bring revolution in automobile sector."We were full of ideas but could not make it big initially due to financial crunch," he said. More Allahabad News»

		Bhubaneswar
		2 poachers held with sharp weapons The wildlife personnel on Monday night arrested two poachers for allegedly attempting to kill animals in Banogochha forest in Mahanadi wildlife division. A sharp weapon was seized from them. OMEGA initiative checks distress migration in Odisha Taking a cue from the central scheme, the Odisha government in 2012 launched its own initiative on similar lines -OMEGA programme -- with the support of DFID of the United Kingdom. BJP state executive in Baripada this week-end More Bhubaneswar News»

		Bhopal
		Lack of medical shop ails Bhopal station 3 Bhopal youths in Forbes 30 under 30 Asia list Early summer break for schools in Bhopal More Bhopal News»

		Chandigarh
		Ahead of Sajjan visit, Punjab cops arrest two terrorists Congress opposing Harjit Singh Sajjan to counter 'Genocide' motion : AAP Haryana hikes DA by 2% for state employees Installment of DA payable under these orders would be paid in cash to all its employees with salary for the month of April, 2017 to be paid in May, 2017, an official release said. More Chandigarh News»

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10 lesser known weekend vacation spots for this summer: Here's all you need to know

THE ECONOMIC TIMES Tue, Apr 18, 2017 | 06:33 AM IST ET Wealth Newsletter

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

10 lesser known weekend vacation spots for this summer: Here's all you need to know Get the best value for your money by taking short holidays in these lesser known tourist destinations across the country. How to get better risk adjusted returns from equity investments An analysis of BSE100 returns suggests that investors may need at least a 7-year time horizon to ensure good risk-adjusted returns. Should you invest in a PMS or in mutual funds? Some PMS schemes have given terrific returns. But small investors are better off investing in mutual funds. From our Partners Is your company making an impact on society? Read to find out How 2Good4Good establishes gold standard in ratings for CSR programs From our Partners Why is everyone talking about affordable housing? India's urban population is growing at an average 2.1% every year since 2015. Why mutual fund SIP returns vary for investors ET Wealth explains that SIP investment returns varies across investors due the investing habits or strategies adopted by each individual. PPF interest rate cut to 7.9% but are other investment options better? Here's a comparison The interest rates of the PPF and other small savings schemes have been cut. Here is a low-down on the other options before investors. Are mutual fund direct plans overcharging investors? Here's what experts say The difference between the expense ratio of direct and non-direct mutual funds is 50-75 bps, while AMCs pay 75-125 bps to distributors. Indian corporates' results to remain poor in 4th quarter 2016-17 Most sectors will report a fall in their top lines Metals, oil and gas, FMCG, and infotech will buck the trend of fall in revenue. From our Partners Toshiba, committed to 'Make in India' and 'Export from India' Toshiba, committed to 'Make in India' and 'Export from India' From our Partners How Mumbai's Dabbawalas are leveraging tech by offering digital services With the world and India taking digital leaps, the dabbawalla's too have found the need to embrace technology and offer click-based services.

Financial Calculators Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. 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

Best laptops for different budgets ET Wealth scours the market to give you the lowdown on the best laptops to buy across different price segments. Will EPF investors earn higher returns due to increase in equity allocation? As EPFO forayed into equity investing only two years ago, it is too soon to assess the impact of the hike in equity allocation. Are you a lay investor? Trading in derivatives could make your money vanish There are instruments that offer a chance of higher gains, but also a high risk of huge losses, including completely wiping out the investor's capital. Motor Vehicles Amendment Bill 2016: Driving sans licence to cost 900% more; Aadhaar must to get it The Motor Vehicles Amendment Bill 2016 has raised fines significantly to make roads safer. It makes Aadhaar mandatory for driving licence and registration. Why financial entities become customer unfriendly as they grow in size As financial entities grow in size, customers should watch out for those rotting products that may be hard to detect but have the power to pull them down. DSP BlackRock Micro Cap Fund: Superior risk-reward profile With a 10-year return of 22.57%, the fund has outperformed both the category average (17.95%) and the benchmark return (7.37%). by a wide margin. Stock pick of the week: Why United Spirits is a good bet in turbulent times A huge underperformance compared to the benchmark index, market leadership and focus on premium offerings has made United Spirits analysts' top pick. Family Finance: Pune-based Chavan should reschedule home loan to meet financial goals Chavan is an engineer and earns Rs 79,000 a month. His goals include saving for contingencies, child's education and wedding, a new car and retirement. Tax Optimizer: IT professional Desai can cut tax outgo by switching from FDs to debt MFs Desai is paid a very high city compensatory allowance. This should be reduced and 10% of his basic pay should be put in NPS under Sec 80CCD(2d). GST will have an overall positive impact on growth: Neelesh Surana, Mirae Asset Global Investments The implementation of the GST will be a huge advantage for the organised sector as it would unify the market along with other benefits. How to download EPF passbook To download EPF passbook, the subscriber needs to be registered on the EPFO member portal by activating the UAN. 5 smart things to know about income from property Income from property is taxable on the basis of annual value—the amount for which the property might be reasonably be expected to be let out from year-to-year. Short frequent holidays becoming more popular in India: Yatra Summer Survey 2017 For 75.3% respondents, demonetisation has not impacted travel plans, 66.1% would be travelling within India this summer. How Kolkata-based startup Loyalie is helping businesses acquire and retain customers Loyalie, which has expanded operations to Bengaluru and Kochi generated a modest Rs 60 lakh in revenue in 2016-17. Alternative investment returns monitor: For week ending April 12, 2017 Here's a weekly tracker of returns from alternative investment avenues such as: Diamonds, Precious Metals, Wines and Coins.

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