News Digest: Great grandson of Bal Gangadhar Tilak booked for rape in Pune

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

		India
		Great grandson of Bal Gangadhar Tilak booked for rape in Pune Police have launched a probe into a complaint lodged by a woman lawyer on Monday that she had been repeatedly raped since 2015 by Congress member Rohit Tilak, the great grandson of freedom fighter Lokmanya Bal Gangadhar Tilak. IAS couple's son 'jumps' to death in Mumbai Manmath Mhaiskar, the 18-year-old son of senior IAS officers Milind and Manisha Mhaiskar, reportedly jumped to death from the terrace of 20-storey Dariya Mahal at Nepean Sea Road, Mumbai, on Tuesday. Nagaland CM to face House trial today The Nagaland assembly will hold a special session on Wednesday to test the majority support of chief minister Shurhozelie Liezietsu, who has been facing a rebellion from a section of fellow Naga People’s Front (NPF) legislators. More India News»

		Business
		Desi fizzy drinks add juice to cut GST Local beverage players, numbering in hundreds, have firmed up plans to add fruit juice to carbonated beverages as part of their attempts to lower the Goods and Services Tax (GST) burden. While fizzy drinks such as Coke, Pepsi cola and Sprite attract 40% tax under GST, beverages based on fruit pulp or fruit juice fall in the 12% tax slab. Hindustan Unilever Q1 net profit up 9% at Rs 1,283 crore The company had posted a standalone net profit of Rs 1,174 crore in the same period of the previous fiscal. Net sales during the quarter under review stood at Rs 9,094 crore as against Rs 8,662 crore in the corresponding quarter a year ago, showing a rise of 4.98 per cent. Air India net loss reduces to Rs 3,643 crore The airline saw its total revenue, including exceptional and extraordinary items, increase to Rs 22,146 crore in 2016 -17 period, as per provisional numbers provided by Minister of State for Civil Aviation Jayant Sinha to the Rajya Sabha. More Business News»

		Environment
		NGT notice to Centre on air pollution caused by ships New bird-like species of dinosaur identified NGT seeks report on 'mountain' dumps at landfill sites A bench headed by NGT Chairperson Justice Swatanter Kumar directed the AAP government to apprise the tribunal of the steps it has taken to lower the height of the garbage dumps at Bhalswa, Ghazipur and Okhla landfill sites, saying these were a source of air and water pollution. More Environment News»

		World
		Pakistan SC to vet 'evidence' against Nawaz Sharif The Pakistan Supreme Court, hearing the Panama Papers case against Nawaz Sharif and his family, said on Tuesday that it would decide whether to disqualify the PM or send the matter to an accountability court after examining all the “leaked” material. US slaps new economic sanctions on Iran over ballistic missile program The US Department of Treasury, in a statement, said it was targeting 16 entities and individuals for supporting what is said was "illicit Iranian actors or transnational criminal activity." France tops US in Soft Power as India fails to make Top 30 More World News»

		Entertainment
		Why Sonakshi couldn't play Haseena Parkar Varun Dhawan apologises for his nepotism comments Varun Dhawan who is gearing up for his next 'Judwaa 2' apologised for his recent comments on nepotism. Shraddha Kapoor's on-screen transformation from a girl-next-door to a gangster From a girl next door to a full-fledged supervillain in her forthcoming film, Shraddha Kapoor has come a long way in the Indian film industry. More Entertainment News»

		Science
		Hyderabad scientists decode the genetic secrets behind rare diseases in South Asians Environmental factors contribute to the rise of TB: Study Studies have shown that environmental factors have been a major cause in the rise of Tuberculosis (TB) cases. Doctors say TB is impacted greatly due to factors like personal hygienic with respect to respiratory disease prevention, clean water supply, housing, overcrowding and nutrition. Isro's space battery to power govt's e-vehicle drive Giving thrust to the Centre’s ambitious green vehicle project, Indian Space Research Organisation (Isro) has approved commercial use of its indigenously developed lithium-ion battery. More Science News»

		Sports
		Arun is India's bowling coach, Bangar assistant coach The Indian men's cricket team will have its first bowling coach in over a year in the capacity of the man who last held the position - former India medium-pace bowler Bharat Arun, who on Tuesday was reappointed to the role he fulfilled during Ravi Shastri's tenure as team director from August 2014 to April 2016. Women's HWL Semi-Final: India go down 1-4 to England Drag flicker Gurjit Kaur (57th minute) was India's lone scorer, while Giselle Ansley (6th), Alex Danson (13th), Susannah Townsend (42nd) and Hannah Martin (60th) sounded the board for England in the quarter-final of the Women's Hockey World League Semi Final on Tuesday. BCCI to pay Ravi Shastri close to 8 crore plus per annum It was learnt that the top brass of BCCI was unanimous in their decision on new chief coach Ravi Shastri's perks, which is atleast a crore more than previous coach Anil Kumble's salary of Rs 6.5 crore. More Sports News»

		Technology
		Xiaomi Mi 3rd anniversary sale on July 20 and 21 - Re 1 flash sale, discounts and more Xiaomi launched its Mi Max 2 phablet in India today. At the launch event, the company announced that it will be holding its third Mi anniversary sale in India on July 20 and July 21. Huawei launches Band 2 and Band 2 Pro fitness trackers Huawei has launched two new fitness trackers -- Band 2 and Band 2 Pro. Both wearables come in Blue, Black and Red colour options. The company has not revealed any details about the price and availability of the devices yet. Garmin Forerunner 35 smartwatch with built-in GPS and heart rate sensor launched in India at Rs 15,999 Garmin has launched a new smartwatch in India. Dubbed Forerunner 35, the GPS-enabled wearable has a price tag of Rs 15,999 and is exclusively available on Paytm Mall. More Technology News»

		Education
		NCWEB releases fourth cut off list, B.A. BCom still available in most colleges 54 per cent of seats in private engg colleges went vacant last year Engineering education in the country seems to have reached a saturation point with around 54% of undergraduate and postgraduate seats in private engineering colleges across the country, or 8.67 lakh seats of 16.07 lakh seats, not finding takers in 2016-17, data put out by Lok Sabha on Monday revealed. Learning with the Times: PETN more powerful than TNT, also used as landmine detonator More Education News»

		Mumbai
		School bus owners threaten agitation 4 held for ferrying bullock crammed into back of SUV Only school managements, not parents, can move fee regulator, rules HC More Mumbai News»

		Delhi
		3% point dip in Ambedkar University 4th list Delhi 'vigilantes' may have killed twice in 2 days Monday's incident, the victim, Vikas alias Vikky, was shot over a dozen times in Sector 22 of Dwarka around 9.30pm. The police found a note on the man's body in which the killers claimed to be a vigilante group taking revenge against people found involved in "crimes against society". Apathy wrecks homes and hopes in Vasant Kunj More Delhi News»

		Bangalore
		Roopa not punished, given more responsibility: DGP 2 Lakh students hit- Nursing institutes in Karnataka derecognised Assembly elections: Ahead of polls, BJP marks supporters with stickers Assembly elections are a few months away but BJP is marking and counting its supporters already, one house at a time. More Bangalore News»

		Hyderabad
		Rain brings cheers to farmers in Telangana, cities live in flood fear High court issues notice to four ministers who defected to TDP Hyderabad high court stays land acquisition for Metro station in Amaravati More Hyderabad News»

		Chennai
		TN family witnesses another 'mystery death'; 7th in 8 mths The mystery continues over deaths in a family of Thandarai village in Tiruvannamalai district, where seven people have died, of seemingly unknown causes, in the last eight months. Tamil Nadu man in coma for 2 years in Gulf brought home The intervention of the Indian embassy in Abu Dhabi has helped the family of a man from Namakkal, who has been in a coma for more than two years, gain compensation. Khushbu quits Twitter, says social media addictive Actor and Congress national spokesperson Khushbu quit Twitter on Tuesday, saying the platform was addictive. The actor, who had close to a million followers when she tweeted her decision to go off the social networking site “4 sumtime”, had a few words of advice for her followers — use the platform to build “this nation n not 2 divide”. More Chennai News»

		Ahmedabad
		Election for 3 RS seats on August 8 HC tells govt to pay murder convict Rs 50k for extra months in jail PIL filed against fee regulatory committee More Ahmedabad News»

		Allahabad
		Allahabad Development Authority remove encroachers from 4500 sqmt land A joint team of Allahabad Development Authority (ADA), local police force, PAC and Allahabad Municipal Corporation (AMC) carried out an extensive anti-encroachment drive at Kalinidipuram locality of the city, on Tuesday. The authorities removed encroachment from an area spanning in 4500 square meter (sq/mt). Woman alleges police apathy, makes abortive attempt of self-immolation A woman on Monday made an abortive attempt to immolate herself in the Nawabganj police station premises.Police have detained the woman for quizzing. Judapur murder, rape solved, 4 held The arrested killers have been identified as Neeraj (prime accused), Pradeep Kumar, Mohit and Satyendra of Lakhanpur and Tulsipur villages respectively. More Allahabad News»

		Bhubaneswar
		Naveen Patnaik seeks land in New Delhi to set up integrated cultural centre Chief minister Naveen Patnaik on Tuesday requested Union petroleum minister Dharmendra Pradhan to persuade the urban development ministry to allot a land in New Delhi for setting up an integrated cultural centre. Odisha approves proposal to declare Paika Bidroha as first war of Indian independence BSF chopper makes emergency landing on road at Koraput A BSF chopper made an emergency landing on a village road in Odisha's Koraput district on Tuesday afternoon due to inclement weather. Police said the helicopter was on its way to the BSF’s headquarters but the pilot was forced to land the helicopter on Mahadeiput-Lula road. More Bhubaneswar News»

		Bhopal
		Indore duo shine in CA exams 16-yr-old corruption case, govt still looking for evidence against culprits Cong digs up 13-yr-old land row to corner Naidu More Bhopal News»

		Chandigarh
		GRAPHIC WITH Students going abroad story Don't check out our marks, check out our foreign value Foreign bound after school, can't wait to graduate More Chandigarh News»

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Why real estate is not a good investment right now

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

WHAT'S HOT #Tax Filing, #RERA, #sukanya samriddhi yojana calculator, #income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

Why real estate is not a good investment right now Property prices in most cities have risen at a slow pace in the past 3 years. The large number of unsold units and long selling time only add to problem. How to file income tax return for FY2016-17 From checking Form 16 to calculating taxable income, here is all the information you need to file your income tax return for FY2016-17 7 things you must check before buying real estate Buying a house you can't afford will force you to skimp on other critical financial goals such as children's education and saving for your retirement. No big move in real estate prices for 2-3 years: Gulam M. Zia, Knight Frank "We have not yet reached the bottom in real estate," says Gulam M. Zia, Knight Frank Executive Director, Advisory, Retail & Hospitality. From our Partners Leadership 2.0- Sculpting leaders of tomorrow for a new financial paradigm The Financial Sector needs new leaders! From our Partners Register for ET Webinar: Managing teething issues for businesses post GST implementation As GST is a major policy reform in the indirect tax regime, there are bound to be certain teething issues for businesses in the initial phase. Join Mahesh Jaising, Partner, Indirect Tax, BMR & Associates LLP in a live webinar. Should you invest in stocks of credit rating agencies? For a rating agency, credit growth in the economy is critical to sustain the business as higher borrowings by businesses means more credit rating opportunities. How corporate mergers and acquisitions impact small investors Mergers and acquisitions generally lead to an increase in the stock price of the acquiring company but they may also destroy shareholder value. Portfolio rebalancing helps grow wealth: Find out how Asset rebalancing is a magical investment technique that has an unfair reputation of being complicated and difficult to implement. Will extended stock exchange trading hours help retail investors? "Extension of trading hours will help drive volumes, which helps market liquidity, increasing confidence of smaller participants."

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

7 useful tech products and accessories under Rs 1,000 7 interesting products and accessories available under Rs 1,000 that often get lost in the crowd of listings. How to start saving for retirement in your 50s If you are in your 50s, you can still ensure a comfortable retirement by cutting down on discretionary spends, getting rid of loans and saving aggressively. 8 tips to save money on your vacation in Europe Planning the trip of a lifetime to Europe, but on a budget? ET Wealth tells you how to make the most of your money. Stock pick of the week: Why JSW Energy is a contrarian bet Though the current situation is bad for JSW Energy, it is expected to improve, so it is a value buying opportunity for the high risk–high return investors. What makes Invesco India Mid N Small Cap Fund a long-term outperformer This fund has a mandate to invest in mid- and small-cap firms, and retains the flexibility to switch exposure depending on the prevailing risk return scenario. Should you invest in dynamic equity mutual funds? Dynamic equity funds may be suitable for those who are very conscious of market valuations and are wary of over-valued markets. Useful ratios to know in the balance sheet of a company ET Wealth explains how to compute a few useful ratios from the data available in the balance sheet of a company you are invested in. Market has not fully discounted GST impact as yet: Taher Badshah, Invesco Mutual Fund The impact of GST is still anecdotal and not cast in stone. It may be a positive surprise, or it could turn out to be negative, Taher Badshah tells ET Wealth. Tax Optimizer: Shift from bank FDs to debt funds, NPS can help Srikanth save tax Taxspanner estimates that Srikanth can cut his tax by over Rs 58,000 if his company rejigs his pay package and he saves more for retirement. How to transfer money from Tier II to Tier I account of NPS If a NPS subscriber is unable to fulfill the minimum contribution requirements of Tier I in a particular year, he is able to use this one-way switch. What is a risk profiler? Risk profiler's aim is to gauge the optimal level of investment risk for investor based on his risk capacity, risk attitude. Family Finance: Why Bengaluru-based Vijay & Suganya need to put off some of their goals The goals for the couple includes saving for contingencies, child's education and wedding, retirement, buying a house and a car. Strong rupee hits export-heavy IT and pharma sectors IT and pharma among the worst affected segments. Experts predict a stable rupee for some more time. What is the difference between risk and volatility? In financial terms, risk is the potential permanent loss of money whereas volatility is how rapidly an investment tends to change in price. Alternative investment returns monitor: For the week ending July 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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