News Digest: After tweet, Rajnath restores pension of freedom fighter's 102-yr-old widow

		THE TIMES OF INDIA
		Wednesday, September 27, 2017
		Today's Headlines

		India
		After tweet, Rajnath restores pension of freedom fighter's 102-yr-old widow CBI issues fresh summons to Lalu, Tejashwi in graft case HC judge in 2015 Ishrat ruling resigns More India News»

		Business
		Govt asks banks to rejig fees to boost e-channels The government has written to the Indian Banks’ Association (IBA), asking lenders to rework their charges for customers in a manner that incentivises digital transactions over cash transactions. GST collection at Rs 90,669 crore in August The government has collected Rs 90,669 crore in Goods and Services Tax (GST) for August, the second month of the indirect tax regime rollout. According to the revised estimate, the GST mop-up for July stood at Rs 94,063 crore, up from the initial projection of Rs 92,283 crore. Sensex, Nifty make late gains to finish flat 30-share BSE Sensex closed on 31,599.76, down by 26.87 points while the broader 50-share NSE Nifty lost a minor 1.10 points to finish on 9,871.50.The stock market was yet again under selling pressure as the Sensex lost as much as 171 points in intra-day trade to hit the day low of 31,455.65. More Business News»

		Environment
		Pandas habitat is in trouble, finds Study One year after giant pandas graduated from endangered to “vulnerable,” a welcome designation after 28 years, Chinese scientists have sobering news: The animal’s natural habitat in China is in serious danger. Japan zoo names baby panda after fragrant flowers After showing a video clip of the baby panda being hugged by proud mum Shin Shin, Koike explained that the name Xiang Xiang -- derived from the Chinese character for "fragrance" -- was chosen from among more than 320,000 suggestions from the public. 255-year-old Great Banyan hasn't stopped growing The oldest citizen of the city the 255-year-old Great Banyan at the Indian Botanic Garden, Shibpur -is, well, greater than ever before. In fact, the garden's grand old crowdpuller has increased its girth by a massive two acres in a little over 30 years, forcing its caregivers to create a larger boundary railing to hold it in. More Environment News»

		World
		Military option would be devastating for NKorea: Trump US President Donald Trump warned North Korea on Tuesday that any US military option would be "devastating" for Pyongyang, but said the use of force was not Washington's first option to deal with the country's ballistic and nuclear weapons program. Trump associate denies Russia collusion ahead of House visit Longtime Donald Trump associate Roger Stone says there is "not one shred of evidence" that he was involved with Russian interference in the 2016 election. Stone is defending himself in a lengthy statement released ahead of a closed-door appearance before the House intelligence committee on Tuesday. Parents of Ohio student speak out against North Korea The parents of a young Ohioan who was detained in North Korea for more than a year and died soon after being released said Tuesday that he was "jerking violently", howling, and "staring blankly" when he returned home on a medical flight. More World News»

		Entertainment
		Pic: Alia Bhatt and Vicky Kaushal wrap Kashmir schedule of 'Raazi' Kalki Koechlin channels her inner seductress in this steamy photo Expect Kalki Koechlin to break the shackles of conventionalism and come up with something simply out of the box and she will do just that. Pics: Madly in love Bips-KSG travel across UK The two have wasted no time in showing the world that they are still madly in love with each another. More Entertainment News»

		Science
		'Gym injury behind Osteoarthritis in 10% Indians' Every tenth Indian suffering with osteoarthritis (OA) has a gym injury to blame as its cause, said experts who gathered at the first National Congress on Osteoarthritis hosted by King George’s Medical University recently. Liposuction puts you at risk of life-threatening condition Ladies, you may want to rethink going under the knife as according to a recent study, liposuction puts you at the risk of developing a rare genetic condition that can lead to fat globules entering their lungs. New multi-gene test can better predict Alzheimer's risk A new test that combines the effects of over two dozen gene mutations - which individually lead to only a small increased risk of Alzheimer's disease - can better predict who will suffer from dementia or cognitive decline, scientists say. More Science News»

		Sports
		India U-17 football coach De Matos tags team as inexperienced India U-17 football team head coach Luis Norton de Matos on Tuesday tagged his side as inexperienced in comparison to other sides in the World Cup, to be held in October in six venues of the country. Stokes out of fourth ODI after arrest in Bristol The England and Wales Cricket Board says allrounder Ben Stokes was arrested after an incident in Bristol. In a statement, the ECB added that Stokes was detained early Monday but was released without charge in the evening. India submits bid to host FIFA U-20 World Cup India has officially submitted its bid to host the Under-20 football World Cup, All India Football Federation (AIFF) President Praful Patel confirmed on Tuesday. More Sports News»

		Technology
		Bharti Airtel deploys 5G capable technology Bharti Airtel on Tuesday announced the deployment of Indias first state-of-the-art Massive Multiple-Input Multiple-Output (MIMO) technology, a key enabler for 5G networks. India's Aadhaar rivals growth of Windows, Android, Facebook: Satya Nadella Nadella, in his book 'Hit Refresh', which was released during the ongoing Microsoft Ignite 2017 conference, has praised India's leap forward in the digital and technological arena. Technology should empower people, be accessible: Satya Nadella Aiming to empower people within an organisation, he said Microsoft is taking it a step further, to ensure they are also transforming the processes and functions surrounding them. More Technology News»

		Education
		IIT Ropar Professor Bags NASI-Scopus Young Scientist Award 2017 CAT 2017 registrations close at 2.31 lakh, 1,000 short of last year Registrations for the Common Admission Test (CAT), to make it to Indian Institutes of Management and other leading B-schools, closed at 2.31 lakh. Last year, CAT recorded 2.32 lakh applications, which were highest since 2010. CAT 2017 is being conducted by IIM, Lucknow after a gap of seven years. UP govt mulls changes to primary school syllabus A decision was taken to strengthen "School Chalo Abhiyaan" and the government also came up with the "Khoob Padho, Aage Badho" campaign to ensure that every child goes to school. The basic education minister said there was a proposal to develop schools on the public-private partnership model. More Education News»

		Mumbai
		Phagwara mayor bought kidney for daughter for Rs 40 lakh, say police BEST gets five new AC buses Stuntwoman injured while performing in 'well of death' More Mumbai News»

		Delhi
		Govt to send Phase-IV plan for Centre's approval soon AIIMS doctors write to chief for counsellors Tradition trumping show as old Puja pandals wow Delhi More Delhi News»

		Bangalore
		Bengaluru student held for posting nude photos of ex-girlfriend online Karnataka: Govt officer fired for not returning to duty despite several reminders Justice Jayant Patel quit as he wasn't keen on transfer More Bangalore News»

		Hyderabad
		Son of Andhra Pradesh SP found dead at her official quarters Varsity clerk arrested for siphoning off Rs. 44 lakh by inflating salary bills Madhapur police arrested a Data Entry Operator (DEO) of Dr B R Ambedkar Open University for inflating his salary bills and siphoning off Rs 44.22 lakh university funds. The fraud exposes the lethargic work of auditing section of the university as a routine phone call from the bank to university registrar has exposed the fraud which continued unhindered for two years. International job racket busted in Hyderabad The Cyberabad police busted an international job fraud racket on Tuesday and arrested two persons who had duped 241 aspirants to the tune of Rs 2.5 crore. More Hyderabad News»

		Chennai
		IIT was slapped Rs 1 lakh 'charge' for failing to contain dengue Business law to woo industries to state Rent due: Madras high court freezes secretary, collector pay More Chennai News»

		Ahmedabad
		SIT court to inspect Naroda Gam crime spot More than 15 years after the incident in which 11 persons were killed, the special court hearing the 2002 Naroda Gam massacre case has decided to visit the scene of offence. Rajiv Mehta elected AMA president Khaki to khadi shift continues Retired cops have set their sights on the political arena. While a few of retired cops have already made their political ambitions clear, a few more hope to contest this elections from their native place and have joined political parties. More Ahmedabad News»

		Allahabad
		Aparna Kumar becomes first Indian lady to scale Mt Manasalu Angered, universities burn in BHU blaze Doctor's murder: Citizens seek justice for Shashwant Pandey, take out candle march The citizens of sangam city especially medical fraternity have expressed their deep concern over the failure of Delhi police to crack down Dr Shashwant Pandey killing case. More Allahabad News»

		Bhubaneswar
		Two Maoists killed in Odisha Social media lead to perversion of mind said Nobel laureate Kailash Satyarthi Orissa high court rejects industrialist's bail plea More Bhubaneswar News»

		Bhopal
		Villagers seek 'rehab' for Lord Shiva MP village women teach organic farming in Haryana, UP FM rubbishes rumours of liquor ban in MP from Oct 2 More Bhopal News»

		Chandigarh
		Manimajra didn't burn, lucky didn't wait for MC Undergrowth robs walkers of Sector 44 parks Unplanned urbanisation a risk to UT's green heritage, says Wattas More Chandigarh News»

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8 dilemmas about buying mutual funds resolved

THE ECONOMIC TIMES Tue, Sep 26, 2017 | 06:33 AM IST ET Wealth Newsletter

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

8 dilemmas about buying mutual funds resolved ET Wealth addresses the most common dilemmas faced by mutual fund investors and guides you towards making the right choice. Why government is unlikely to cut PPF interest rate sharply Interest rates on small savings schemes are due for recalibration next week, but analysts believe the government might avoid making steep cuts. How to deal with a new boss There are only three ways how you can get a new boss—you changed jobs, you got promoted in the current one or your current boss got replaced. From our Partners Where There Is a Way, There Can Be a Will If you haven't made your will yet because you feel it's a tedious process, here are some important things you should know. From our Partners Insurance for senior citizens—is it worth it? Think senior citizens should invest in insurance even after they retire? Here is what you need to know. Funding for prolonged hospital stay or quality care at home in old age? As income levels grow, demand for medical facilities rises and people choose hospital admissions as the preferred option for taking care of the aged. Why personal finance should be part of school curriculum The only solution to the pervasive lack of financial awareness is the inclusion of personal finance in education. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 0.50 12.83 19.80 16.69 Invesco India Growth Fund Direct-Growth 1.35 15.40 20.18 16.02 Motilal Oswal MOSt Focused 25 Fund Direct-Growth -0.72 11.64 17.85 15.83 Mirae Asset India Opportunities Fund Regular- Growth 0.44 12.44 18.93 15.77 SBI Bluechip Direct Plan-Growth -0.49 9.19 11.29 15.05 FeaturedDSP BlackRock MIP Direct Plan-Growth ★★★★★ 0.02 5.35 8.17 10.58 Start SIP Why SEBI's attempt to standardise labelling of mutual funds will help investors Sebi's attempt to declutter the mutual fund industry will help investors make better choices, says Aashish P. Somaiyaa. Why do women leave money matters to male family members? A majority of women in India don't want to get involved in money matters and let the men in their families manage their financial affairs.

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

Should agricultural income be taxed? ET Wealth reached out to experts to see if they feel the government should bring agricultural income under the tax net. 9 other investment products available in financial markets ET Wealth provides a snapshot of other investment products that are available on the exchanges that can help complete your portfolio. As market evolves, OPD covers will become key products: Ashish Mehrotra, Max Bupa Health Insurance "Our philosophy is to manage customers throughout their lives," Ashish Mehrotra MD & CEO, Max Bupa Health Insurance How to take advantage of credit cards A credit card is the easiest way for one to build up a history of good credit behaviour based on which the credit score will be assigned. How to fulfill KYC requirements as per CKYC norms All individual investors of mutual funds are now required to fulfill KYC requirements as per Central KYC norms. What are growth oriented investment products? Growth oriented products are designed to maximise capital appreciation and are suitable for investors looking for high returns with high risk. MF Portfolio Doctor: Mitesh should invest more in SIPs to reach goals The Portfolio Doctor will assess the health of the mutual funds held by individuals, examine their suitability with regard to the goals of the investor. Tax Optimizer: NPS, tax-free perks can help salaried Shiva save over Rs 1 lakh Taxspanner estimates that Prasad can cut his tax by over Rs 1.12 lakh if his company offers him a few tax-free perks as well as the NPS benefit. Set goals before you invest: Swarup Mohanty, Mirae Asset Global Investments "Maintaining asset allocation irrespective of market conditions, movement is key," says Swarup Mohanty, CEO, Mirae Asset Global Investments. Family Finance: Bengaluru couple needs to plan and invest in time to meet goals Bengaluru based Vilas and Deepa have goals that include saving for emergencies, child's education and wedding, a car, and retirement. Invesco India Contra Fund: Consistent outperformer With a 10-year return of 13.67%, the scheme has outperformed both the benchmark (8.19%) and the category average (11.30%) by a wide margin. Stock pick of the week: Castrol India is analysts top pick despite muted numbers Better-than-expected results, growth visibility, stabilising interest rate environment and a sharp fall in the counter in recent months have made it a top pick. Alternative investment returns monitor: For the week ending September 20, 2017 Here's a weekly tracker of returns from Alternative investments. Don't compare these with returns from traditional investments as purpose of these is different.

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