News Digest: India of 2017 different from that of 1962: Jaitley to China

		THE TIMES OF INDIA
		Saturday, July 01, 2017
		Today's Headlines

		India
		India of 2017 different from that of 1962: Jaitley to China A day after China warned India over the ongoing border face-off with an oblique reference of the 1962 war that ended in an Indian defeat, defence minister Arun Jaitley retorted on Friday that the India of 2017 is not what it was 55 years ago. Those flying abroad will not need to fill departure cards from today Indians flying abroad will not be required to fill departure cards from Saturday. However, those going out of the country via rail, seaport and land immigration checkposts will have to fill the embarkation card. United on reform, divided on the tax More India News»

		Business
		Live: GST countdown begins GST launch divides opposition The Congress, the Trinamool Congress, the Left, the BSP, the DMK, the RJD and some other parties boycotted the event, dubbing it as a "tamasha" (drama). The NCP, a key constituent of the Congress-led UPA, broke away from the Opposition ranks GST rollout: Here's what India Inc, others say India’s biggest tax reform since its independence in 1947 is set to rollout at the midnight of Friday and Saturday. GST is set to change the way trade and commerce is carried out in the country. Here’s what India Inc and other stakeholders have to say about the landmark GST launch More Business News»

		Environment
		'Half-a-degree of warming boosted extreme weather' Comparing two 20-year periods -- 1960-79 and 1991-2010 -- between which average global temperatures jumped 0.5 C (0.9 F), scientists found that the hottest summer temperatures increased by more than 1 degree C across a quarter of Earth's land areas, while the coldest winter temperatures warmed by more then 2.5 degree C. Ice-free areas of Antarctica to increase by 2100: Study Ice-free areas may increase in Antarctica by 25 per cent due to climate change, leading to drastic changes in the continent's biodiversity, a study warns. They found the melting ice could create up to 17,000 square kilometre of new ice-free area across Antarctica. Rare Siamese crocodile eggs found in Cambodia Conservationists have found a nest with 19 eggs from one of the world's most endangered crocodiles. It is boosting hopes for species threatened by poachers and habitat loss. Researchers believe only 400 adults still exist in the wild, the baby crocodiles will be raised at a conservation centre More Environment News»

		World
		Donald Trump says strategic patience with North Korea over US President Donald Trump said on Friday that North Korea's nuclear and ballistic missiles program required a "determined response," and that the era of "strategic patience" with North Korea's government had ended. China slams US for 'wrongful' sanctions on Chinese bank Relations between China and the US got further strained as the Trump administration censured a Chinese bank and a shipping company for allegedly assisting North Korea besides approving a major arms sale to Taiwan. Islamic State withdraws from last area of Aleppo province: Monitor Islamic State militants have withdrawn from the last territory they held in Aleppo province after the Syrian army retook the Ithriya-Rasafa road and areas east of Khanaser, the Syrian Observatory for Human Rights reported on Friday. More World News»

		Entertainment
		Pic: SRK's son AbRam on a car ride The star kid is extremely famous already thanks to his adorable antics and this picture takes the cuteness to another level. Pic: Katrina Kaif in a red floral dress Govinda isn't part of 'Jagga Jasoos' More Entertainment News»

		Science
		Nasa rocket releases artificial colourful clouds Nasa has finally launched a sounding rocket that created artificial colourful clouds that were visible from New York to North Carolina. The artificial clouds were launched to track particle motions in space. The rocket was delayed many times over the last 30 days. In rural Kentucky, solar eclipse preparation keeps town busy NASA's quieter supersonic jet closer to reality The US space agency completed the preliminary design review (PDR) of its Quiet Supersonic Transport (QueSST) aircraft design. QueSST is the initial design stage of NASA's planned Low Boom Flight Demonstration (LBFD) experimental airplane, otherwise known as an X-plane. More Science News»

		Sports
		Dhoni, bowlers give India unassailable series lead Mahendra Singh Dhoni and the bowlers fashioned India's 93-run win over a lacklustre West Indies in the third ODI, giving the visitors an unassailable lead in the five-match series here. 3rd ODI: West Indies vs India, Antigua Follow all the live updates from the third West Indies v India ODI in Antigua on Times of India We can do better in sports other than cricket: Modi In the presence of some of India's finest athletes, Prime Minister Narendra Modi on Friday inaugurated 'The Arena', one of the most advanced integrated multi-purpose stadiums and appealed for the adoption of a sporting culture. More Sports News»

		Technology
		Moto M smartphone gets Android Nougat update in India Lenovo-owned Motorola has started rolling out Android 7.0 Nougat update for its mid-range smartphone – Moto M. The company launched the device in December last year priced at Rs 15,999. Along with the latest Android, the update also brings Duo video calling to the device. GST sale: 12 hot deals on smartphones, TVs and more Comparison: Honor 9 vs Honor 8 Comparison: Honor 9 vs Honor 8 More Technology News»

		Education
		Award of bonus marks for wrong question in IIT comes under SC lens Plus III admissions 2017: DHE Odisha declares first selection list The Department of Higher Education (DHE) has declared the first selection list for +3 admissions on their official website today. TS EAMCET seat allotment 2017 result declared More Education News»

		Mumbai
		Outstation train derails near Kalyan, services hit Central Railway (CR) services were affected till around 10.30pm on Friday after a wheel of the engine locomotive of 12618 Nizamuddin-Ernakulam Mangala Express derailed near Kalyan station around 2pm. Muted Friday revelry greets GST rollout at restaurants Confusion over whether restaurants and pubs would remain open post-midnight amid fears of billing problems after the GST rollout seems to have affected Friday revelry. Beware of cheating on old stocks More Mumbai News»

		Delhi
		43,000 seats remain open as DU cutoffs fall sharply Around 43,000 seats are up for grabs in Delhi University colleges, which are likely to see a big turnout when admissions resume on Saturday after announcement of the second cutoff list. Video: Monsoon preparations exposed,rain turns Delhi street into river Video: Fire breaks out at newly-constructed school bldg in IP Extension More Delhi News»

		Bangalore
		Techie who hacked chief minister Siddaramaiah's Twitter handle held 3 years later A 28-year-old software engineer was arrested on Friday for allegedly hacking chief minister Siddaramaiah’s Twitter handle in July 2014. Visually impaired girl tops PG course at IIITB Silk Board Jn to get new road-cum-rail flyover by 2020 More Bangalore News»

		Hyderabad
		2BHK 'infra component'dropped, govt's flagship housing scheme gets boost Govt forms panel to fast track MMTS doubling work 'Need to have separate police force for women, children' More Hyderabad News»

		Chennai
		Video: Presidential nominees to campaign in Chennai DSP tainted by idol theft charge suspended: TN Corporation makes alterations to Ripon Buildings, upsets heritage conservationists More Chennai News»

		Ahmedabad
		Ode to Grand Old Man of India Degree engineering admissions for diploma holders from July 3 Has Vaghlela's aggressive brinksmanship backfired? More Ahmedabad News»

		Allahabad
		Rains lashes Sangam city throwing normal life out of gear Allahabad University makes online fee deposit mandatory Roli, Tika to welcome students as primary schools reopen on July 1 In a novel gesture, teachers of Primary and Junior High schools of district would be welcoming both boys and girl students up to class VIIIth by applying `Roli’ or “Tika” on their foreheads as schools are all set to reopen after summer vacations on July 1. More Allahabad News»

		Bhubaneswar
		Asian Athletics Championships: Parking for public, school children at six places Six places are selected in the city for parking of vehicles of general public and school children for the Asian Athletics Championships event. The distance between parking space and Kalinga stadium, venue of the Athletics Championships, will be more than 500 metres. Heavy rain forecast for north, coastal Odisha Odisha clears three investment proposals worth Rs 1189 crore More Bhubaneswar News»

		Bhopal
		IEHE clueless on exam pattern to follow MP Vidhan Sabha to telecast live House proceedings GST protests driven by oppn, govt open for discussions: Malaiya More Bhopal News»

		Chandigarh
		Haryana govt reinstates 3 more DSPs indicted in 2016 Jat reservation violence In an another step of diluting the Prakash Singh committee report indicting 90 police and administrative officers for failing in their duties during last year Jat agitation violence, Haryana government on Friday reinstated three suspended DSPs. Election Commission of India to launch voter registration drive Summer camp concludes More Chandigarh News»

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Market Moguls: What to do when stocks are high & you’ve nowhere to go

THE ECONOMIC TIMES Fri, Jun 30, 2017 | 06:33 AM IST ET Investment Opportunities

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

Market Moguls: What to do when stocks are high & you've nowhere to go Given current scenario, it would be better to invest in a systematic and disciplined manner. Wealth-creation ideas: Five stocks that may offer you up to 3x return As the benchmark indices have turned sideways, investment ideas have dried up in the market. How to train algos to copy your brain in stock market Big trading firms are testing algo models that mimic trades of portfolio managers. Three charts show the next leg of market rally is on its way The latest bout of market rally has been generally attributed to a liquidity glut.

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Paathshala: Is it a good idea to apply for NFOs? An NFO is usually launched by a fund house to complete its product basket or on demand from investors. Cow milk matters to D-St: Stock rallies 250% in Modi regime, 1,400% in 5 yrs Among the listed dairy stocks, this firm generates 77% of its revenues from milk business. India's IPO mart has changed; what hasn't is investor greed The era of multiple applications and fraudulent applications began to fetch more allotments. Sebi chief cautions MFs against letting debt funds bulge Care should be taken that non-performing assets (NPAs) do not get shifted to MF portfolio by way of debt transfer.

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Promoters selling shares; it's a message for you & me too Share selling by promoters in a bull market signals their own disbelief in valuations. Buffett's new mantra is 'bad stocks at good prices'; what happened to 'good stocks'? Some have said that Buffett has lost his investment touch. That's probably overstated.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Pushpanjali Realms and Infratech Ltd. 55.00 27-06-2017 30-06-2017 Gautam Exim Ltd. 40.00 29-06-2017 03-07-2017 Bansal Multiflex Ltd. 31.00 30-06-2017 04-07-2017 Au Small Finance Bank Ltd. 355.00 - 358.00 28-06-2017 30-06-2017 G G Engineering Ltd. 20.00 30-06-2017 07-07-2017 Ace Integrated Solutions Ltd. 40.00 29-06-2017 05-07-2017 Transwind Infrastructures Ltd. 27.00 30-06-2017 04-07-2017 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXVII - III (1096 Days) Reg-D Debt: FMP Closed-end 22 Jun 2017 06 Jul 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - III (1096 Days) Direct-G Debt: FMP Closed-end 22 Jun 2017 06 Jul 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - III (1096 Days) Reg-DY Debt: FMP Closed-end 22 Jun 2017 06 Jul 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - III (1096 Days) Reg-Flexi D Debt: FMP Closed-end 22 Jun 2017 06 Jul 2017 5,000 UTI Fixed Term Income Fund - Series XXVII - III (1096 Days) Reg-DQ Debt: FMP Closed-end 22 Jun 2017 06 Jul 2017 5,000 More >>

Real Estate News

Trouble for realtors taking advance service tax from buyers The basic condition for service tax is that the service should have been rendered. There is no concept of filing 'advance service tax'.

5 reasons why living in housing society will be expensive under GST While buying a house may or may not become cheaper, living in a gated society is surely going to burn a big hole in your pocket in the coming months, courtesy GST.

RERA to make realty free of undesirable activity: Deepak Parekh RERA seeks to bring clarity and fair practices that would protect the interests of buyers and also impose penalties on errant builders.

Occupation Certificate but no Completion Certificate: Is RERA registration required? The Act states that all ongoing as well as under-construction projects that have not received completion certificate have to be registered with RERA authority.

RERA marketing bar illegal: Lawyers Recently, the government clarified that under Rera, developers cannot market their projects without registering them with Real Estate Regulatory Authority.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-G Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Reg-D Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-G Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct-D Equity: Tax Planning Closed-end 23 Jun 2017 22 Sep 2017 500 Axis Corporate Debt Opportunities Fund Reg-DD Debt: Credit Opportunities Open-ended 23 Jun 2017 07 Jul 2017 5,000 More >>

Views and Recommendations

Buy Indian Bank target Rs 341: Reliance Securities 29 June, 2017, 11:13 AM IST Buy Indian Bank at a price target of Rs 341. buy Accumulate CG Power, target Rs 84: Kotak Securities Limited 29 June, 2017, 01:12 PM IST Kotak Securities has an accumulate call on CG Power and Industrial Solutions Ltd. at a price target of Rs 84. Accumulate Buy JK Cement target Rs 1,175: Edelweiss 29 June, 2017, 09:34 AM IST Edelweiss has a buy call on JK Cement at a price target of Rs 1,175. buy Buy Dr. Reddy's Laboratories, target Rs 3366: Nirmal Bang 29 June, 2017, 08:54 AM IST Nirmal Bang has a buy call on Dr. Reddy's Laboratories Ltd. at a price target of Rs 3366. buy

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