News Digest: Riding on Karnataka: Rahul Gandhi's future, PM Modi's 2019 gambit, Kumaraswamy survival

		THE TIMES OF INDIA
		Saturday, May 12, 2018
		Today's Headlines

		India
		Riding on Karnataka: Rahul Gandhi's future, PM Modi's 2019 gambit, Kumaraswamy survival Nuclear test demo of scientific capacity, political will: Ram Nath Kovind 20 years after Pokhran-II, intercontinental ballistic missile Agni-V on way ​​Defence sources on Friday said "several systems and subsystems" associated with the over 5,000-km-range missile, which brings the whole of China as well as parts of Europe and Africa under its strike range, "are being handed over" to the new Agni-V unit raised under the Strategic Forces Command (SFC). More India News»

		Business
		Industrial growth slows to five-month low in March Barclays CEO fined $1.5 million for trying to unmask whistleblower Infosys independent director Ravi Venkatesan quits to pursue 'exciting new opportunity' More Business News»

		Environment
		Thai environment protesters claim victory in battle over forest housing Environmental activists in the northern Thai city of Chiang Mai claimed victory after the country's military government agreed in talks on Sunday not to use forested land to develop luxury property. Over 10,000 endangered tortoises rescued in Madagascar More than 10,000 crore critically endangered radiated tortoise have been recovered from traffickers, who had crammed them in a shelter without food or water. Reportedly, hundreds of them died from illness and dehydration. EU carbon emissions rose in 2017: Eurostat Carbon emissions in the EU were up 1.8 percent from 2016, Eurostat said, with a double-digit increase in Malta and Estonia. Finland and Denmark showed the sharpest declines while emissions in Germany, the bloc's largest economy and still dependent on coal for 40 percent of its electricity, was little changed. More Environment News»

		World
		Iran turns to diplomacy amid high regional tensions ​Iran's Foreign Minister Mohammad Javad Zarif will leave late Saturday for visits to Beijing, Moscow and Brussels, a spokesman said Friday, holding meetings with all five of the remaining parties to the 2015 nuclear deal. North Korea tells UN aviation group no more ICBM tests North Korea has informed a United Nations aviation agency that it will not conduct unannounced missile tests or further intercontinental ballistic missile launches because its nuclear arms program is now complete and it no longer needs to do such testing. France urges Europe to act against US, Iran sanctions More World News»

		Entertainment
		Movie Review: Raazi - 4/5 A compelling cast led by Alia Bhatt is driven by Meghna Gulzar’s steady direction to ramp up the emotional tension in this strong dramatic thriller. Sonam thanks everyone with an adorable post 'Shaitaan' actor Shiv Pandit ties the knot More Entertainment News»

		Science
		Isro set to develop smart propellants for reusable launches Thirdhand smoke is widespread and may be dangerous US researchers found that potentially harmful chemicals from tobacco smoke get trapped in clothes, furniture and carpets but can become airborne again and be circulated through office blocks, schools or other nominally smoke-free buildings. Unlike direct smoking, or passive ‘secondhand’ smoke How Leaning Tower of Pisa survived quakes Given the vulnerability of the structure, which barely manages to stand vertically, it was expected to sustain serious damage or even collapse because of moderate seismic activity. More Science News»

		Sports
		IPL: Jos Buttler's unbeaten 95 keeps Rajasthan Royals alive Jos Buttler scored an unbeaten 95 off 60 balls to help Rajasthan Royals beat Chennai Super Kings by four wickets in their must-win Indian Premier League match at the Sawai Mansingh Stadium in Jaipur on Friday. Afghanistan Test is wrongly scheduled: Dilip Vengsarkar At a time when there's a raging debate over whether India skipper Virat Kohli should have chosen to miss the Test against Afghanistan for a county stint with Surrey, former India skipper Dilip Vengsarkar has added another twist to the argument. Nadal knocked out of Madrid, loses world number one spot Rafael Nadal suffered his first clay-court defeat in almost a year when the world number one was shocked 7-5, 6-3 by Austria's Dominic Thiem in the Madrid Masters quarter-finals on Friday. More Sports News»

		Technology
		Google launches Wear OS developer Preview 2: Here's all that's new Google made various important announcements at its annual developer conference I/O 2018. One such announcement is the release of the second developer preview of Wear OS. Blabkberry's WhatsApp rival may come to Android smartphones soon Blackberry is trying really hard to keep its users hooked to its services and products. The company has been working on a desktop version of BBM and has also made some beta releases for the same. However, now it seems that the company is all set to launch a stable beta version of BBM Desktop. Now a smart band that will monitor heart heath with ECG and blood pressure Apart from ECG and BP monitoring features, Smartron tband comes with the ability to continuously measure heart rate as well as resting heart rate. More Technology News»

		Education
		BSEB Bihar Class 12 results on or before May 25 @ biharboard.ac.in The Bihar School Education Board (BSEB) is likely to release Class 12 results on or before May 25, 2018. New Commonwealth initiative to boost digital education skills To create an enabling environment and culture of lifelong learning, an intergovernmental organisation created by the Commonwealth Heads of Government has launched an online platform that can help both teachers and students to improve their digital education skills. AIIMS Recruitment 2018: Apply online for Group A, Group B posts The All India Institute of Medical Sciences (AIIMS) has released a recruitment notification to fill up various vacancies of Technicians, Scientists and many other posts. More Education News»

		Mumbai
		'Will support refinery in Vidarbha if people want it' Uddhav Changes Tack On Key Konkan Project GRP constable who scolded Samaritan rapped by seniors Shravan Tewari (26), a management graduate, had found a commuter lying on the tracks on Charni Road's platform 2 on the night of February 10.He was severely bleeding but was still breathing. Amusement rides, cooking inside Jogeshwari park forces BMC to shut down Sena neta's fair In the city starved for open spaces, this news spread smiles on locals living near Maulana Abdul Kalam Azad Park. More Mumbai News»

		Delhi
		Gold worth Rs 1.2 crore seized at IGI, two held In two separate cases of smuggling, Customs at IGI airport seized gold worth over Rs 1.20 crore and arrested two passengers. SC's Vishaka verdict has not reached Tis Hazari The 'harassed' woman lawyer had moved the SC, which a few days ago had ordered the Delhi Police to provide her security as she alleged she was constantly threatened by members of the district bar association. Delhi mob attacks Kashmiri woman over feeding dogs A group of youths from Kashmir, including a woman, was allegedly assaulted with sticks by residents of a DDA colony in Delhi’s Siddharth Extension after an argument over feeding street dogs on the road. A video of the assault went viral. More Delhi News»

		Bangalore
		Gauri Lankesh case: SIT to share notes with Maha team The Special Investigation Team (SIT), that had detained a second suspect in the Gauri Lankesh murder case this week, will now approach their counterparts in Maharashtra to take the probe forward. Karnataka election 2018: 'Give us bridge, we will give you votes' Six years after the Centre cleared it, the railway overbridge (ROB) on Kaggadasapura levelcrossing is still on paper. And today, it has become a poll issue with residents saying they will vote for the party that promises to complete this bridge. Bengaluru woman dies as rainwater floods house A 54-year-old home-alone woman drowned after her home near Bettamma Circle in KP Agrahara, West Bengaluru, flooded with rainwater on Thursday night. An ailing Rathnamma is believed to have been asleep when the filthy water rushed into her 7x10 feet rented home. Her house is located next to a storm water drain. More Bangalore News»

		Hyderabad
		Make Sanskrit compulsory subject in schools: Swamy Sanskrit should be made a compulsory subject in schools along with the mother tongue, BJP MP Subramanian Swamy said here today. Rythu Bandhu: Bank transports Rs 40 crore cash in open van I love Ravi Teja's comedy because of the pain and compassion with which he does it: Pawan Kalyan More Hyderabad News»

		Chennai
		I'm not brave, could not look at myself, but people made me strong: Lavanya Clan war: VK Sasikala picks TTV, puts brother on notice After IAS officers, judges may get swanky apartments in city More Chennai News»

		Ahmedabad
		Damaged wall: AMC to recover Rs 24 lakh Jatin Patel, the chairman of the committee, said the boundary wall of the premises housing the Deendayal hall was damaged when a cellar was being built at a nearby plot. Ode riots case: HC upholds conviction of 19 Activist issues ultimatum to govt over killer plastic More Ahmedabad News»

		Allahabad
		SSP removed, Maurya hands over Rs 20 lakh cheque to slain lawyer's family A day after the sensational murder of district court lawyer Rajesh Kumar Srivastava, the state government on Friday removed Allahabad SSP Akash Kulhary and appointed SP (Railways) Agra Nitin Tiwari in his place. CS calls for 'yatri niwas' for Kumbh to construct 'yatri niwas' (resting houses for pilgrims) at different places in the city, with a capacity to accommodate 2,000 persons each, ahead of the Kumbh-2019. Allahabad: Lawyer on way to court shot dead in full public view More Allahabad News»

		Bhubaneswar
		Indore-Puri Humsafar Express introduced World should strive to ensure wealth for everybody: Muhammad Yunus Israel diplomat enamoured of Odisha artists' work Froim Ditza, minister, head of public diplomacy at Embassy of Israel at New Delhi, yesterday paid a visit to Modern Art Gallery at Unit-VI and was mesmerised by the art and craft activities going on there. More Bhubaneswar News»

		Bhopal
		Madhya Pradesh: 11 suspected maoists arrested in Balaghat Madhya Pradesh police on Friday arrested 11 suspected militia members of the CPI Maoists from forest areas of Balaghat district. Arrests were made on specific intelligence inputs. Madhya Pradesh: Lokayukta seizes Rs 9 lakh during raid at stenographer 's house Madhya Pradesh Lokayukta officials on Thursday raided residential premises of a Chambal divisional commissioner’s stenographer in a disproportionate assets case and recovered a cash of Rs 9 lakh. Play Saari Raat staged at Shaheed Bhawan The men of the patriarchal society fail to understand the dreams and desires of the women. Neither they acknowledge the efforts taken by them nor do they do things which satisfies the women. More Bhopal News»

		Chandigarh
		Airport shuts till May 31 from today The Chandigarh international airport will be closing for operations till May 31 from Saturday.Residents of Chandigarh feel the authorities should have shifted the closure dates after summer vacations. Missing man found dead in Mullanpur Police have found a body of a missing man in Mullanpur on Friday.The deceased has been identified as Ghanaiya (27), a street vendor.Police have initiated an inquest proceeding under Section 174 of the CrPC. Strays scare Sec 10 locals, 'sterilisation only way out' Helpless residents and Chandigarh municipal corporation (MC) area councillor of Sector 10 are clueless about how to get rid of the stray dogs in the area. More Chandigarh News»

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Sri Airavata: Lord Indra’s Divine Vahana

Sri Airavata: Lord Indra's Divine Vahana

The eight guardian deities who preside over the eight points of the compass each sits on an elephant vahana. They are: Kubera (north), Yama (south), Indra (east), Varuna (west), Isana (northeast), Agni (southeast), Vayu (northwest), and Nirrti/raksasa (southwest). Each of these elephant take part in the defense and protection of its respective quarter. Chief among them is Airavata of Indra.

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Does a Covered Call really work? When to use this strategy & when not to

THE ECONOMIC TIMES Fri, May 11, 2018 | 06:30 AM IST ET Investment Opportunities

Does a Covered Call really work? When to use this strategy & when not to This strategy involves selling a Call Option of the stock you are holding. 'Natural ally' Trump gives Modi biggest headache in poll season Data available on IndianOil's website suggests OMCs have not revised fuel prices since April 24. 15 popular stocks that eroded Rs 4,00,000 crore investors' wealth so far in 2018 PC Jeweller alone has eroded over Rs 13,000 crore of investor wealth so far this year. Top money manager says plenty of buybacks, payouts in store over next 2 years India's equity market has had a breezy run through most part of PM Narendra Modi's stint.

Advertorial How to take a loan against life insurance policy These loans are provided by the insurance company itself or any other NBFC or bank, which provides loans against securities. Advertorial Did you know your lifestyle could be contributing to kidney disease? [Infographic] Your current habits and lifestyle could be putting more stress on your kidneys than you think. Here's what you need to know.

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth -2.23 -1.18 10.17 16.41 Invesco India Growth Opportunities Fund Direct-Growth 0.95 6.18 22.14 15.98 Kotak Select Focus Fund Direct-Growth 0.20 1.19 9.77 15.84 Mirae Asset India Equity Fund Direct- Growth 1.84 0.77 14.20 15.66 Mirae Asset India Equity Fund Regular- Growth 1.76 0.39 13.39 14.78 FeaturedDSP BlackRock Equity Opportunities Direct Plan-Growth ★★★★★ 0.25 0.43 11.87 17.13 Start SIP

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Market Moguls: In times of uncertainty, fund mart undergoes overhaul  There will be increased pressure on fund houses and distributors for some time now. Boiling crude, falling rupee: Here's how to play the theme on D-Street The developments are stoking inflationary pressure, keeping policymakers on their toes. Rs 14,00,000 crore stressed assets up for sale: What is stopping desi investors? Modi's attempt to slash bad loans is being stymied by his fight on corruption. Paathshala: Should you opt for growth or dividend option in mutual funds  Financial planners believe investors would do well to invest and opt for the growth option.

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.

E-way bill: All you need to know & experiences of the first month Under GST, E-way bill is governed by a uniform set of rules applicable throughout the country. Oil at $80 in medium term? Iran chaos suggests so Brent soared to $77 after US President Trump decided to pull out of the Iran nuclear deal.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Indostar Capital Finance Ltd. 570.00 - 572.00 09-05-2018 11-05-2018 Milestone Furniture Ltd. 45.00 07-05-2018 11-05-2018 U H Zaveri Ltd. 36.00 08-05-2018 14-05-2018 Five Core Electronics Ltd. 140.00 09-05-2018 11-05-2018 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXIX - III (1131 Days) Direct-D Debt: FMP Closed-end 03 May 2018 17 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - III (1131 Days) Direct-DY Debt: FMP Closed-end 03 May 2018 17 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - III (1131 Days) Direct-Flexi D Debt: FMP Closed-end 03 May 2018 17 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - III (1131 Days) Reg-G Debt: FMP Closed-end 03 May 2018 17 May 2018 5,000 UTI Fixed Term Income Fund - Series XXIX - III (1131 Days) Reg-Flexi D Debt: FMP Closed-end 03 May 2018 17 May 2018 5,000 More >>

Real Estate News

Delhi-NCR top office leasing destination for Chinese companies: report Delhi features prominently among such cities while Singapore is the top destination for mainland firms expanding overseas.

Jaypee Infratech's customers write to IRP to protect home buyers' interest Home buyers have also questioned the criteria adopted for evaluating various bidders interested in debt-resolution of Jaypee Infratech, saying that it is "arbitrary and highly skewed in favour of financial creditors".

Real estate appellate tribunal overrules MahaRERA, says external factors not an excuse for delays The real estate tribunal said this as it sets aside a MahaRERA order on Indiabulls Greens in Panvel and sends it back for fresh hearing.

MahaRera will keep strict vigil on projects in progress MahaRERA has started a conciliation forum, a platform formed by the members of the Mumbai Grahak Panchayat and developer bodies, such as Credai.

One year of RERA: Tardy implementation restricts gains Considering the pros and cons, RERA needs to cover a lot of ground for its effective implementation, in order to serve its desired purpose.

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

Buy Sanwaria Consumer, target Rs 30: Rakesh Bansal 10 May, 2018, 01:42 PM IST Buy Sanwaria Consumer Ltd. at a price target of Rs 30. Buy Buy Kajaria Ceramics, target Rs 690: Edelweiss Financial Services 10 May, 2018, 10:03 AM IST Buy Kajaria Ceramics Ltd. at a price target of Rs 690. Buy Buy Godrej Consumer Products, target Rs 1265: Edelweiss Financial Services 10 May, 2018, 09:55 AM IST Buy Godrej Consumer Products Ltd. at a price target of Rs 1265. Buy Hold Jubilant Foodworks, target Rs 2766: Edelweiss Financial Services 10 May, 2018, 09:41 AM IST Hold Jubilant Foodworks Ltd. at a price target of Rs 2766. Hold

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