News Digest: Heavy rain spells up 3-fold in central India

		THE TIMES OF INDIA
		Wednesday, October 04, 2017
		Today's Headlines

		India
		Heavy rain spells up 3-fold in central India Widespread extreme rain events, like the one that flooded Mumbai on August 29 this year, have tripled between 1950 and 2015 across central India, says a study by the Indian Institute of Tropical Meteorology published in Nature Communications on Tuesday. Rajoana's sister moves HC against his hanging Twenty-two years after the then Punjab chief minister Beant Singh was assassinated, a petition seeking directions to commute the death sentence of convict Balwant Singh Rajoana into life imprisonment has been moved in the Punjab and Haryana high court. Note ban was largest money-laundering plan ever: Arun Shourie Slamming the Narendra Modi government over sliding economic growth and increasing job losses, former Union minister Arun Shourie has likened demonetisation to suicide, saying the latter is too “a bold step“. He also called the Modi government as “government of twoand-a-half persons“. More India News»

		Business
		When offline deals beat online ones While modern retail is still a small part of overall retail market in India, e-commerce in specific is at a nascent stage. Corporate finances show improvement: Ratings cos Ratings have always been a complicated issue, not just in India but globally with agencies often facing criticism for their actions. On Tuesday, two agencies released data, pointing to a sharp improvement in the financial health of India Inc, a statement that is good news for policymakers as well as businesses. Core sector growth rises to 4.9 per cent in August These eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had witnessed 3.1 per cent expansion in August last year. The infrastructure growth was 2.6 per cent in the previous month of July More Business News»

		Environment
		Nepal, India to conduct first joint tiger count For the first time, Nepal and India will undertake a joint tiger census next month in their national parks, forests and protected areas adjoining the two countries using a globally-recognised method, officials said on Monday. The counting of tigers will begin from the second week of November. Delhi zoo begins National Wildlife Week celebrations The Delhi zoo on Sunday began the National Wildlife Week celebrations, with many activities planned for school children and wildlife enthusiasts in its premises. The official said the park has added the theme of the 'Swachh Bharat Abhiyan' to the ongoing wildlife week celebrations this year. Fear of volcanic eruption on Bali forces 135,000 to flee Nearly 135,000 people on the Indonesian island of Bali have left their homes and taken shelter in makeshift evacuation centres after warnings the Mount Agung volcano could erupt at any time, officials said late on Thursday. More Environment News»

		World
		In Vegas, the show must go on It is this song that came to my mind again and again as I negotiated the streets of Vegas the day after the tragic shooting near Mandalay Bay. US expels 15 Cuban diplomats following mysterious attacks The United States ordered the expulsion of 15 Cuban diplomats, accusing Havana of failing to protect their US counterparts from harm in a series of mystery "attacks" on their health. Secretary of State Rex Tillerson, however, said, Washington would maintain diplomatic relations with Havana US-led strike kills 18 civilians in Syria's Raqa: Monitor A US-led coalition air strike killed at least 18 civilians on Tuesday in the Islamic State group's former stronghold of Raqa, the Syrian Observatory for Human Rights monitor said. More World News»

		Entertainment
		Katrina Kaif keen to star opposite Ranveer Singh in Kapil Dev biopic '83'? While fans are still going gaga over Ranveer Singh’s menacing ‘Padmavati’ first look of Sultan Alauddin Khilji, the actor has already moved on to his next film projects. 'Padmavati' poster: Ranveer Singh looks menacing as the antagonist Sultan Alauddin Khilji Ranveer’s much-awaited look as Khilji for 'Padmavati' is finally out and it’s everything the audience was expecting and much more. Kangana Ranaut's sister Rangoli hits out at "stalker uncle" Hrithik Roshan for revisiting scandal Pointing out that Kangna was still in school when Roshan made his Bollywood debut, Rangoli said that if not in the film industry, her sister would have called him “uncle”. More Entertainment News»

		Science
		37 Indians co-author gravitational waves discovery paper As many as 37 Indian scientists from nine institutes, including Inter-University Centre for Astronomy and Astrophysics, were co-authors of the gravitational waves discovery paper — awarded the Nobel prize in Physics on Tuesday. Protein that may treat flu symptoms, cut death risk identified Scientists have identified a protein that can improve of symptoms influenza as well as reduce the death risk associated with the infection, and possibly other types of diseases. 'Unexpectedly' strong solar storm sparks global aurora on Mars The solar event on Sept. 11, 2017 sparked a global aurora at Mars more than 25 times brighter than any previously seen by the MAVEN orbiter, which has been studying the Martian atmosphere's interaction with the solar wind since 2014. More Science News»

		Sports
		IPL contracts prevented Australians from sledging: Sehwag Virender Sehwag on Tuesday said that the Australian players were scared of sledging Virat Kohli and the other Indian players during the recently concluded ODI series due to the possibility of losing out on their lucrative IPL contracts. Deepa Malik still hurt over Khel Ratna snub Rio Paralympics silver medallist remains upset over being ignored for Khel Ratna this year and feels exception should have been made by the awards committee, like it had done in 2016. India U-17 footballers meet Sports Minister Rathore The Indian Under-17 football squad on Tuesday met Union Sports Minister Rajyavardhan Singh Rathore along with All India Football Federation (AIFF) general secretary Kushal Das. More Sports News»

		Technology
		Google set to launch Pixel 2 and Pixel 2 XL: Likely specifications, price and more Amazon's second festive sale starts tomorrow: These are the discounts you will get Amazon India's second festive sale starts tomorrow (October 4). So, you can ready your shopping list. Amazon Great Indian Festival sale (part 2) will be five-day sale running through October 4th to 8th. 7 reasons why you should not invest in bitcoins, cryptocurrencies Investors’ honeymoon with cryptocurrencies seems to be ending. After rallying significantly since the beginning of 2017, prices have now started crashing. More Technology News»

		Education
		Students can seek answer sheets under RTI, says CIC There’s good news for students. The CIC in an order has ruled that educational institutions that are public authorities cannot refuse to provide exam answer sheets under the RTI Act. 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. More Education News»

		Mumbai
		`Is there no other plot than SoBo park for fire engine?' The Bombay high court on Tuesday asked the BMC if it had no other plot in Malabar Hill to temporarily house a fire engine instead of parking it at Priyadarshini Park. The court was hearing a plea by the Malabar Hill Citizen's Forum against the move to put up a temporary structure, station staff and park a fire engine on a portion of the park. HC sets 2021 deadline for builder in Powai The Bombay High Court on Tuesday directed Lakeview Developers run by the Hiranandani group to construct around 2,398 affordable houses in Powai before June 1, 2021, according to the undertaking given by them. 2017 sees highest dengue deaths in 5 years The dengue outbreak that swept across the city in September has claimed 12 lives of which six were pediatric patients aged between 2 and 16 years. With this, the city's dengue death toll for the year has touched 14, making it the highest in the last five years. More Mumbai News»

		Delhi
		No law to protect parents who are below 60: PIL A 57-year-old man has moved Delhi high court claiming absence of a law for the protection of parents who are not yet senior citizens from hostility and violence by their children. 410 accidents every day, but how many of them are triggered by bad eyesight? The National Highways Authority of India (NHAI) on Monday launched free eye check-ups camps for truck drivers with valid commercial licences, and their helpers and cleaners, across the country , laying down for the first time a nationwide measuring stick for eyesight among those behind the wheels. Boy seen taking selfie run over by train A teenager last seen taking a selfie on railway tracks died after being run over by a train near the Welcome railway station in nort heast Delhi. Police suspect he was walking along the tracks with earphones on and did not hear the train coming. More Delhi News»

		Bangalore
		BJP hits out at actor Prakash Raj for criticising Modi Whiff of scam in universal health care says BJP, govt cancels tender of health cards 3 teenagers run over by train while taking selfie on track Craze for a 'selfie-with-moving- train' cost 3 Bengaluru teenagers their lives as they were run down by a train. More Bangalore News»

		Hyderabad
		Long queue, but no insurance cover for rain-battered cars What's up? Schools shut after fake GO goes viral Deluged by complaints, GHMC presses 190 teams for relief ops More Hyderabad News»

		Chennai
		Chennai no more among country's top realty hotspots Duo held for pledging fake gold Marans to file discharge petition in the illegal telephone exchange case More Chennai News»

		Ahmedabad
		Rs 600 crore for welfare of non-quota castes Dalit atrocity case witness slashed with blade Peeping crooks rely on ATM users' ignorance More Ahmedabad News»

		Allahabad
		Damodarshree award given in Allahabad BSP leader shot dead in Allahabad Bahujan Samaj Party (BSP) leader Rajesh Yadav (46), a resident of Park Road was shot by unidentified assailants near Tarachand Hostel in Colonelganj during the wee hours of Tuesday. He had contested the 2017 Assembly election from Gyanpur seat of Bhadohi district on BSP ticket but lost. NSUI chalks out strategy for AUSU polls In a bid to make the maximum out of its recent win in Delhi University Students Union poll and using it to boost the morale of its candidates and impress voters in Allahabad University, the National Students Union of India (NSUI) will use the slogan, “DU Hui Hamari — Ab AU Ki Baari” prominently this time. More Allahabad News»

		Bhubaneswar
		Railways to felicitate four of its staff for averting a major mishap DCP, team chase, nab 2 robbers on East Coast Road Tax lawyers move Orissa HC challenging GST More Bhubaneswar News»

		Bhopal
		Reality Check: Only 1% of e-waste in Bhopal collected 'Rajmata' of Panna against Ken-Betwa linking project Abattoir to come at Adampur Chhawani More Bhopal News»

		Chandigarh
		4 Kashmiris die as truck rams autorickshaw in Ambala 2 months on, basic facilities missing at Sec 66 rehabilitation centre New guests arrive at Chhatbir Zoo More Chandigarh News»

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7 reasons why you should not invest in bitcoins, cryptocurrencies

THE ECONOMIC TIMES Tue, Oct 03, 2017 | 06:25 AM IST ET Wealth Newsletter

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7 reasons why you should not invest in bitcoins, cryptocurrencies After the big crash, cryptocurrency prices are slowly starting to stabilise. Should you use this crash as an opportunity to buy into the market? 8 big mistakes to avoid in a falling stock market The rally that pushed the indices to their all-time highs has hit a bump. Analysts expect more pain ahead. Here are few mistakes to avoid in this market. Pradhan Mantri Awas Yojana could help you buy your dream home: Find out how ET Wealth did some number crunching to assess the impact of the subsidy offered under Pradhan Mantri Awas Yojana on your home loan EMI instalments. From our Partners Oman is your heavenly terrain Only a true travel lover would have a dream list of destinations that are unexplored and untouched. Oman is one such beauty that's enveloped with beautiful beaches, picturesque mountains and golden desert sands. 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. 5 step guide to plan your career better In an uncertain job market, workers can secure their career by setting clear goals and constantly upgrading their skills. How global investors view the Indian stock market Looking at how outsiders evaluate the Indian market can offer interesting insights into which sectors hold the most promise and which the least. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth -0.64 11.26 22.16 16.04 Invesco India Growth Fund Direct-Growth -0.09 13.89 21.97 15.42 Motilal Oswal MOSt Focused 25 Fund Direct-Growth -2.15 10.46 19.98 15.33 Mirae Asset India Opportunities Fund Regular- Growth -0.69 10.88 21.28 15.13 SBI Bluechip Direct Plan-Growth -1.84 7.40 12.83 14.45 FeaturedDSP BlackRock Top 100 Equity Direct Plan-Growth ★★★★★ -1.56 8.02 11.98 10.36 Start SIP Why investing in balanced mutual funds is riskier than stocks Investors should not treat balanced funds as 'safe' options. Those interested in balanced funds should do proper research before investing in them. Mutual funds have multiple tax advantages over bank fixed deposits In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That's a shocking decline.

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

How to keep your money safe if you want to invest in cryptocurrencies People who want to experiment with cryptocurrencies should keep their initial investments very low, say around 2-3% of the investment corpus. How to make payments using Google's Tez app Google has launched its mobile payments app, Tez, which works on the UPI platform. Through this app you can make third party payments or receive money with a few taps. Here is how. How much risk should you take with your investments? Assigning time frames to financial goals will help investors decide how much investment risk they should take for better returns. Family Finance: Salaried Umesh should start saving early to achieve his goals with ease With a low surplus, he has begun investing for his goals which includes saving for emergencies, buying a car and a house, and retirement. Investors must slowly move towards equity mutual funds: Rahul Jain, Edelweiss Wealth Management "Opportunities in IT, PSU banks and pharma are very few and risks associated are high. It's good to stay away from these sectors for now," says Rahul Jain, Edelweiss Wealth Management. Reliance Top 200: Healthy long-term record The fund takes a conservative approach, does not deviate too much against its benchmark index in terms of sector exposure. What is peer-to-peer lending Peer-to-peer lending is a form of crowd-funding used to raise loans for people who need to borrow, from people who want to invest. Bitcoins are neither legal nor illegal in India: S P Sharma, PHD Chamber of Commerce and Industry The drastic rise in bitcoin was followed by severe volatility, which will be major challenge going forward, says S P Sharma, PHD Chamber of Commerce and Industry. Stock pick of the week: Why analysts believe the turnaround at JSPL will continue Improved sales performance, reducing losses, cyclical upturn in the steel sector, benefits of import restrictions has made JSPL analysts' top pick. 6 smartphones under Rs 20,000 for the selfie enthusiast Smartphone makers are launching devices aimed at selfie enthusiasts. ET Wealth lists smartphones which seek to click that perfect selfie. MF Portfolio Doctor: Sandeep needs to increase investments to achieve his goals Sandeep Goyal's goals are very ambitious, therefore, the Portfolio Doctor advises him to increase his investments to reach the target amount. Tax Optimizer: Perks, NPS can help salaried Chowdhury cut tax outgo Taxspanner estimates that Chowdhury can reduce his tax outgo by almost 50% through tax-free reimbursements and investing in NPS. How startup XED Learning Solutions is coaching business leaders "We insist on experiential learning considering the seniority of the participants," says John Kallelil, Founder and CEO, XED Learning Solutions Alternative investment returns monitor: For the week ending September 27, 2017 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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