News Digest: Modi's mantra for Xi: India & China can cooperate and share dreams

		THE TIMES OF INDIA
		Saturday, April 28, 2018
		Today's Headlines

		India
		Modi's mantra for Xi: India & China can cooperate and share dreams The first-ever India-China "informal" summit got underway on Friday with PM Narendra Modi laying out his own five mantras which, he said, now define the relationship between the countries and can be the building blocks of a future that emphasises a convergence of interests. Supreme Court stays Kathua rape trial till May 7 Strive for credibility, Smriti Irani tells journalists Digital interventions have made consumers change the narrative of news and question journalists and editors about the “efficacy of the information” they put into the public domain, I&B minister Smriti Irani said on Friday. More India News»

		Business
		CBI names BSE chairman in Rs 600cr IDBI Bank fraud Among those named by CBI in its FIR registered against former Aircel promoter C Sivasankaran and his companies in the IDBI Bank Rs 600 crore loan fraud include S Ravi, the chairman of Bombay Stock Exchange and former CMD of Bank of Baroda – P S Shenoy. Ravi, according to his biodata on BSE website, is an independent director and chairman of Audit Committee of IDBI Bank Reliance Industries posts net profit of Rs 9,435 crore in Q4 US GDP growth slows in Q1 but better-than-expected at 2.3% The US economy slowed sharply in the first three months of the year amid a decline in exports, consumer spending and home buying, the Commerce Department announced on Friday. More Business News»

		Environment
		Benches shut, NGT forcing petitioners to come to Delhi Abhijit Prabhudesai, a Goa-based environmentalist, has travelled to Delhi six times since last December to appear before the National Green Tribunal’s (NGT’s) principal bench, which is hearing his petition on environmental concerns regarding the Mopa airport in north Goa. List steps to control river pollution: HC to Maha govt Govt calls for time-bound execution of clean air plan The NCAP calls for a long-term time-bound national-level plan to control air pollution. Under this, the ministry aims to augment air quality monitoring in 100 non-attainment cities. More Environment News»

		World
		Summit of Koreas eclipses Modi-Xi meet GOP-led panel absolves president of Russia collusion Republican members, while finding 'no evidence that the Trump campaign colluded, coordinated, or conspired with the Russian government,' accused the US intelligence community of 'significant intelligence tradecraft failings' and bashed the Obama administration for 'slow and inconsistent' response to Russia’s machinations. UK court admits all CBI evidence against Vijay Mallya ​​Closing submissions in Vijay Mallya's extradition trial will take place on July 11, chief magistrate Emma Arbuthnot said, with the judgment expected soon afterwards. Referring to emails Mallya had exchanged with lawyer, t​he chief magistrate said she was "still sitting on the fence about them". More World News»

		Entertainment
		Bharatnatyam and Kathak dances mark Sarangi fest conclusion Madhuri Dixit begins shooting for 'Kalank' The source further added that Madhuri has many scenes with both the actors. 'Junglee' star Vidyut Jammwal defies gravity While we have seen the hunk flex his muscles in the pictures and clips from the sets featuring him doing the balancing act on glass bottles and much more, he proved that we’ve not seen it all. More Entertainment News»

		Science
		Collision busts myths about cosmos origins Video game 'loot boxes': Gambling 2.0? This machine lets you control your dreams More Science News»

		Sports
		IPL: Iyer leads Daredevils to 55-run win over KKR Shreyas Iyer led from the front with a scintillating 40-ball unbeaten 93 as Delhi Daredevils snapped their three-match losing streak in the IPL 2018 with 55-run victory over Kolkata Knight Riders on Friday. Saina, Prannoy enter semis at Badminton Asia Championships Two-time Commonwealth Games gold medallist Saina Nehwal and World No 10 HS Prannoy progressed to the semifinals of the women's and men's singles competition at the Badminton Asia Championships on Friday. How 'out-of-cash' KXIP almost lost Chris Gayle at IPL auction Chris Gayle has proved to be quite a bargain buy for Kings XI Punjab in the ongoing Indian Premier League but co-owner Ness Wadia revealed that the team almost lost the destructive opener at the auction, thinking it had run out of cash. More Sports News»

		Technology
		Apple iPhones new colour variant launched in India: Price, availability and more Planning to buy smart speaker? 7 things to know Nokia to launch X6 smartphone today in China: All you need to know Nokia, the smartphone brand that has recently confirmed to be back in profit in India within a year of re-launching its handsets, is all set to launch a new series of smartphones in China. More Technology News»

		Education
		VITEEE 2018 Result: Delhi's Kalash Gupta tops the exam Kalash Gupta, a student from Delhi, has secured the first rank in VIT Engineering Entrance Examination (VITEEE) 2018, according to a press statement from the VIT. SSC Result 2018: Telangana declares class 10 results The Telangana Board of Secondary Education (BSE) has released the TS SSC Class 10 Results 2018 on its official bse.telangana.gov.in on Friday, April 27, 2018. UPSC Civil Services Exam 2017 final result declared; Hyderabad's Durishetty Anudeep tops Union Public Service Commission will release the final result of Civil Services Exam 2017 soon. As per reports, the results will be out on 1st week of May 2018. More Education News»

		Mumbai
		Cellphone of hawala king linked to co officials' accounts DGCA scanner on airline for flouting rule on safety gear Realty check: Maharashtra tops in RERA registration of projects More Mumbai News»

		Delhi
		Delhi: Feuding brothers killed in fight over parking spot Clash in JNU over screening of film on 'love jihad' A million followers and picture-perfect scam More Delhi News»

		Bangalore
		Gold worth Rs 12 crore seized from van Bengaluru Rural police on duty at an election checkpost on Friday seized 42kg of gold ornaments worth about Rs 12.5 crore from a van at Balepura near Devanahalli. After attempting to murder wife, nine-year-old boy chased and murdered by stepfather BBMP official steps up to rid residents of waste woes More Bangalore News»

		Hyderabad
		Result delayed by 9 hours due to plenary? The SSC result declaration time being changed from 10am to 7pm surprised several students and anxious parents. Hyderabad success rate up by 2.72%, slips on ranking A marginal 2.72 per cent improvement in its pass percentage notwithstanding, Hyderabad failed to make a mark for itself in the SSC results, with the district restricted to the 25th position (out of 31 districts) on the charts. SSC results: Of 31 districts, Jagtial on top, Hyderabad at no. 25 Students from Jagtial district soared over others by securing a pass rate of 97.56% in the Secondary School Certificate (SSC) examination results declared on Friday. More Hyderabad News»

		Chennai
		20 years on, fringe piped water supply distribution water 2016 Give state candidates NEET centres within Tamil Nadu: HC The board has scheduled the examination for admission to MBBS and BDS courses, on May 6. HC junks plea to disqualify O Panneerselvam, 10 AIADMK MLAs The first bench of Chief Justice Indira Banerjee and Justice Abdul Quddhose said the court cannot take over the functions of the speaker. More Chennai News»

		Ahmedabad
		GCCI proposes Amul model for cotton production CID finds briefcases belonging to SP Bhatt trying to fix me in bitcoin case: Kotadiya More Ahmedabad News»

		Allahabad
		Pratapgarh's penchant for 'green' weddings grows stronger Temperature crosses 42 Celsius There was no respite in Allahabad from heat waves as the temperature continued to soar over 42 degree Celsius throughout the day. BRD hospital tragedy: Dr Kafeel gets bail More Allahabad News»

		Bhubaneswar
		OSRTC acts after Kolkata woman complains of shoddy service Odisha: 92.5% of child rapists are known to victims, says Odisha DGP Odisha: Tribal woman trampled to death by elephant More Bhubaneswar News»

		Bhopal
		Farmer take poison, minister says suicide a global problem Groundwater table decline outpaces recharge: Report BJP MLA picks holes in new mining policy More Bhopal News»

		Chandigarh
		'Roads to be sprayed with treated water' Haryana chief minister Lal Khattar wants the roads of smart cities in Haryana to be sprayed with treated water of sewage plants to bring down the temperature during summer seasons. Restore our honour: 5 veterans named in Samba spy case Punjab's agriculture policy ready, to be released soon More Chandigarh News»

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FIIs selling across sectors, but are gung-ho on these 12 smallcaps

THE ECONOMIC TIMES Fri, Apr 27, 2018 | 04:31 AM IST ET Investment Opportunities

FIIs selling across sectors, but are gung-ho on these 12 smallcaps FIIs are liberally putting in money in these stocks quarter after quarter. Desi fund managers ditch banks as they take fancy to IT stocks Under-owned IT stocks are set to find favour, leading to more demand on top IT counters. 13 stocks where FIIs, DIIs and promoters all hiked stakes in Q4 Promoters raising stake in a company is considered a good signal of business prospects. We now know what caused the cash crunch: Income velocity & Bullwhip Effect Banks claimed business as usual and blamed sporadic problems on technical glitches.

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Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 3.63 -1.86 12.42 16.63 Invesco India Growth Fund Direct-Growth 6.97 9.18 25.28 15.85 Kotak Select Focus Fund Direct-Growth 4.19 1.26 10.87 15.58 JM Multi Strategy Direct Plan-Growth 3.72 -2.41 8.05 14.85 Mirae Asset India Equity Fund Direct- Growth 4.07 0.62 14.91 14.71 FeaturedDSP BlackRock Short Term Direct Plan-Growth ★★★★★ -0.03 1.42 6.01 7.84 Start SIP

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Market Moguls: For those who do not make much money in stocks, here's the catch  The first step to make wise investment decisions is to set goals. A gem in Big Bull's crown, this stock is a big gainer post jewellery loan scams From a market-cap of mere Rs 1,000 crore, the company has since entered the elite Nifty50 club. Here's what explains tight money supply condition & rupee's free fall Going forward, Indian market is going to be impacted strongly by liquidity stance. After TCS, will Chandra's Midas touch work its magic for Tata Motors, Tata Steel? During the last one year, shares of Tata Group companies have rallied up to 186 per cent.

Advertorial Meet 5 Indian women who've gone beyond the conventional Women are breaking boundaries, challenging stereotypes and doing it all on their own terms. Here are some inspirational women you need to know about. Advertorial Millennial Lifestyle: Decoding the choices made by millennials and the reasons behind it While millennials may have a tough time following the conventional way of living, there is one aspect where they are not very different from the other generations, their love for legacy.

30 stocks where LIC raised stakes during March quarter Domestic institutional investor increased stake in a couple of companies from across sectors. Paathshala: How to link your mutual funds to Aadhaar  If your investments are serviced by more than two registrars, you will have to go to all the registrars and update it.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Dr. Lalchandani Labs Ltd. 30.00 25-04-2018 27-04-2018 Godha Cabcon & Insulation Ltd. 30.00 - 33.00 27-04-2018 03-05-2018 SoftTech Engineers Ltd. 78.00 - 80.00 27-04-2018 03-05-2018 Dhruv Consultancy Services Ltd. 54.00 27-04-2018 02-05-2018 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXIX - II (1118 Days) Direct-Flexi D Debt: FMP Closed-end 18 Apr 2018 02 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - II (1118 Days) Direct-DQ Debt: FMP Closed-end 18 Apr 2018 02 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - II (1118 Days) Direct-G Debt: FMP Closed-end 18 Apr 2018 02 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - II (1118 Days) Direct-DY Debt: FMP Closed-end 18 Apr 2018 02 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - II (1118 Days) Direct-D Debt: FMP Closed-end 18 Apr 2018 02 May 2018 5,000 More >>

Real Estate News

Why 'ideal home' seekers should keep their aspirations in check Indian homebuyers today need to be realistic enough to accept that the 'ideal home' is more or less unattainable.

Redevelopment of housing societies may fetch 1 free room per flat in Mumbai Critics are not impressed as they feel the move does not go far enough and may still not attract builders interested in redeveloping private societies.

It is Mumbai's third, but do development plans really help? Most don't feel so Housing activists say the last DP of 1991 was amended over 200 times even as changes to various policies accelerated the process of Mumbai's "strangulation".

Bengaluru housing market in upswing; Q1 sales beat Chennai, Hyderabad Housing sales stood at 11,500 units in Bengaluru during January-March 2018 in comparison to 3,800 units in Hyderabad and 2,300 units in Chennai.

Supply of new homes down 60% in January-March: Report Launches of new homes stood at 69,489 units during January-March last year, News Corp-backed realty portal PropTiger said in the latest report.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Sundaram Long Term Tax Advantage Fund Series IV Direct-D Equity: Tax Saving Closed-end 27 Mar 2018 27 Jun 2018 500 Sundaram Long Term Tax Advantage Fund Series IV Direct-G Equity: Tax Saving Closed-end 27 Mar 2018 27 Jun 2018 500 Sundaram Long Term Tax Advantage Fund Series IV Reg-D Equity: Tax Saving Closed-end 27 Mar 2018 27 Jun 2018 500 Sundaram Long Term Tax Advantage Fund Series IV Reg-G Equity: Tax Saving Closed-end 27 Mar 2018 27 Jun 2018 500 SBI Long Term Advantage Fund Series VI Reg-G Equity: Tax Saving Closed-end 11 Apr 2018 10 Jul 2018 500 More >>

Views and Recommendations

Hold IndusInd Bank, target Rs 1,976: Arihant Capital Markets 25 April, 2018, 12:02 PM IST Hold IndusInd Bank Ltd. at a price target of Rs 1976.0 . Hold Buy HDFC Bank, target Rs 2,301: Nirmal Bang Securities 25 April, 2018, 12:00 PM IST Buy HDFC Bank Ltd. at a price target of Rs 2301. Buy Buy Jain Irrigation Systems, target Rs 121: Manas Jaiswal 25 April, 2018, 11:42 AM IST Buy Jain Irrigation Systems Ltd. at a price target of Rs 121.0 and a stop loss at Rs 113 from the entry point. Buy Sell Kaveri Seed Company, target Rs 502: Kunal Bothra 25 April, 2018, 11:35 AM IST Sell Kaveri Seed Company Ltd. at a price target of Rs 502.0 and a stop loss at Rs 540 from the entry point. Sell

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