News Digest: Can't grant divorce as Omar failed to prove wife's cruelty: Court

		THE TIMES OF INDIA
		Wednesday, August 31, 2016
		Today's Headlines

		India
		Can't grant divorce as Omar failed to prove wife's cruelty: Court Former Jammu & Kashmir CM Omar Abdullah's plea seeking divorce from his estranged wife Payal Abdullah was on Tuesday rejected by a trial court which said that the politician failed to prove “irretrievable breakdown of the marriage“. Move to jail celebrities for misleading ads put on hold The proposal to fine and jail celebrities for misleading endorsement of products has been put on hold for now. The consumer affairs ministry will first conduct a study of global best practices on dealing with misleading endorsements rather than straight away going ahead with its decision to jail celebrity endorsers. Centre offers bonus, wage sops, but trade unions firm on strike The Centre announced a slew of measures on Tuesday, including a 42% increase in minimum wages for unskilled non-agricultural workers to Rs 350 a day and payment of bonus for two years to central government employees, in a bid to get trade unions to call off their proposed nationwide strike on Friday. More India News»

		Business
		Allow mobile registration from any bank's ATM: RBI RBI, govt exploring introduction of Sharia banking Reserve Bank and the government are exploring introduction of interest-free banking, also known as Islamic Banking, to financially include sections of the society that remains excluded due to religious reasons. Industry demands 18 per cent GST rate Industry on Tuesday pitched for 18 per cent GST rate, saying it would generate adequate tax buoyancy without fuelling inflation and also demanded relaxation in the penal provisions. More Business News»

		Environment
		Plants less thirsty as climate warms: Study Ramesh urges Naveen to save tiger in Odisha Worried over the declining number of Royal Bengal tigers in Odisha forests, former Union Minister for Environment and Forest Jairam Ramesh on Monday urged Chief Minister Naveen Patnaik to take steps to save the tiger population in the state. Wildlife dept catches crocodile from pond in Kathua A 6-feet-long crocodile was on Monday caught by a team of Wildlife department from a pond in Jammu and Kashmir's Kathua district. More Environment News»

		World
		Syria: Ceasefire between Turkey, Kurdish fighters A ceasefire is holding between Turkey and Kurdish-backed fighters in northern Syria, a Kurdish military official said on Tuesday, but a Syrian rebel commander characterised it only as a "pause" and added that military operations would resume soon. UN hails suspension of France's burkini ban The UN on Tuesday welcomed a decision by France's highest administrative court to suspend a controversial ban on burkini swimwear, warning that the ban had fuelled religious intolerance and stigmatisation. Nepal says Indian couple faked Everest climb Nepal mountaineering authorities have determined that an Indian couple faked a Mount Everest ascent earlier this year by altering photographs to make it appear they were on the summit, officials said on Tuesday. More World News»

		Entertainment
		Maa ho toh aisi: Bollywood's coolest moms ever Aishwarya Rai Bachchan: Films she was offered While the beauty queens are known for heading straight to Bollywood, Aishwarya Rai Bachchan chose to be different. Katrina is awesome in new 'Baar Baar Dekho' still With just a few days left for the much-awaited rom-com of this year, the makers of 'Baar Baar Dekho' are really putting their fans into a tizzy by releasing some scintillating stills from the film. More Entertainment News»

		Science
		India to launch 68 more commercial launched this year The Indian Space Research Organisation (Isro) is likely to launch another 68 commercial satellites in the remainder of this financial year, Rakesh S, chairman and managing director of Antrix, Isro’s commercial arm, said on Tuesday. Dogs know what you're saying, study suggests Scientists have found evidence to support what many dog owners have long believed: man's best friend really does understand some of what we're saying. Preparations on for launch of GSLV Mark II More Science News»

		Sports
		3rd ODI: Record-breaking England beat Pakistan England struck a world record one-day international total of 444/3 as they crushed Pakistan by 169 runs at Trent Bridge to take an unbeatable 3-0 lead in the five-match series. Pakistan, in reply, were bowled out for 275 in 42.4 overs. Virat Kohli retains No. 1 spot in T20 rankings Virat Kohli has maintained his number one position in the ICC T20 batsmen rankings, while off-spinner Ravichandran Ashwin returned to the top five in the bowlers' list, climbing up to fourth spot from seventh. Rooney to end England career after 2018 World Cup England captain Wayne Rooney announced on Tuesday that the 2018 World Cup in Russia will be his final tournament as an international footballer. Rooney is also England's record goal-scorer with 53 goals. More Sports News»

		Technology
		Does your iPhone suffer from 'Touch Disease'? Apple Inc has been sued by owners of iPhone 6 and iPhone 6 Plus smartphones who say a design defect causes the phones' touchscreens to become unresponsive, making them unusable. WhatsApp new privacy rules: HC seeks govt reply WhatsApp's recent decision to share user data with parent company Facebook today reached the doorsteps of Delhi High Court, which sought the government's response on the modification. As Jio launch nears, major telcos try different pricing strategies As Reliance Jio's commercial launch nears, incumbent telecom operators Airtel, Vodafone and Idea have cut tariff and bundled free calls with data to drive mass market adoption, brokerages said. More Technology News»

		Education
		No admission to MP students in Guj, Maha While doors of MP colleges are open for medical students of other states, neighbourslike Gujarat and Maharashtra have restricted entry for outsiders. MBBS in pvt colleges will cost you more The Admission and Fees Regulatory Committee (AFRC) has approved 33% to 53% increase in the MBBS course tuition fee in private colleges of the state. New vice-chancellors can stay, rules SC In a relief to the Telangana government, the Supreme Court on Monday allowed all the eight newly-appointed vice chancellors in the state to continue in their posts. More Education News»

		Mumbai
		Mumbai girl opts out of school, enters MIT With a talent for computer programming, Malvika never passed 10th or 12th. 81 tenders of tainted dam project scrapped The state cabinet has scrapped 94 tenders related to 14 irrigation projects in the state which are under the scanner of the Anti-Corruption Bureau (ACB). City girl drops out of school, enters MIT Wadala girl Malvika Joshi (17), who dropped out of formal schooling at the age of 12, has secured a place at the prestigious Massachusetts Institute of Technology (MIT), defying the undue weightage given to marks and degrees. More Mumbai News»

		Delhi
		LG forms panel to probe AAP government's decisions, fix blame Marking a sharp escalation in the battle between the Delhi government and the Centre, lieutenant-governor Najeeb Jung appointed a three-member high-level committee on Tuesday to study 400 files received from vario us departments. After rape, Delhi gets tag of India's 'stalking capital' If the "rape capital" tag was not embarrassing enough, Delhi has earned another dubious title, India's stalking capital, according to the latest data from the National Crime Records Bureau. Kashmir's other victims: Khakis fighting for life More Delhi News»

		Bangalore
		Government will explain ground realities to SC Many pressure tactics notwithstanding, the Karnataka government has refused to budge to neighbouring Tamil Nadu's demand for release of 50 tmcft of water from Cauvery. Government wants FSL to give priority to farmer suicides With the delay in disbursal of compensation to the families of deceased farmers denting its image, the government has directed the home department to put farmer suicides on the Forensic Science Laboratory's (FSL) priority list. BU North to function from transit campus in VTU Bangalore University (BU) North, one of the two new varsities slated to come up next academic year after the trifurcation of the existing BU, will initially function from a transit campus in the Visvesvaraya Technological University (VTU) postgraduate centre in Muddenahalli, Chikkaballapura. More Bangalore News»

		Hyderabad
		Historian alleges plagiarism by NGO Cops, GHMC gear up for Bakrid, Ganesh festival Beginning this week, the Greater Hyderabad Municipal Corporation (GHMC) will begin distributing as many as 1.3 lakh polythene covers in the south zone in view of the upcoming Bakrid festival. Kapu leaders to meet on September 11 to decide on quota issue More Hyderabad News»

		Chennai
		DMK, AIADMK fight over Cauvery, Siruvani water disputes DMK and AIADMK crossed swords in a heated debate in the state assembly on Tuesday over the inter-state Cauvery and Siruvani disputes. Lake in Avadi to be spruced up at a cost of Rs 28 crore: Jayalalithaa The city's western suburb of Avadi is set to get a new picnic spot, with chief minister J Jayalalithaa announcing in the assembly on Tuesday that 28 crore would be spent for sprucing up the Paruthippattu lake, which is spread over 200 acres. PMK candidate who contested against Jayalalithaa held for cheating Last week, Hari kumar of Mettukuppam and 30 others lodged a complaint with the Chennai police commissioner's office alleging that they were cheated to the tune of several lakh of rupees. More Chennai News»

		Ahmedabad
		PM fulfilled his commitment to extend Narmada waters to Saurashtra: Vijay Rupani Bappa Morya goes green People in the city have been doing their bit to keep the festivities eco-friendly. We speak to Amdavadis who innovate to celebrate. Hooked to hookah bars? You could be smoked out... Hookah bars come under scanner once again More Ahmedabad News»

		Allahabad
		Local Congress leader announces vegetables as reward for tracing two UP BJP leaders Ganga, Yamuna flow 2m below danger level The flood situation improved in the city as the water level of Ganga and Yamuna came down two metres below the danger mark, on Sunday. Floods leave behind trail of destruction Even as the chaos unleashed by the flooding of rivers Ganga and Yamuna seems to have eased, the trail of destruction of life and property it has left behind seems to be too much for city locals to cope with. More Allahabad News»

		Bhubaneswar
		Spurt in rape cases in Odisha, 2251 cases reported last year There has been a rise in rape cases in the state in 2015, according to the National Crime Record Bureau's (NCRB) report released on Tuesday.Altogether 2,251 rape cases were reported in 2015 compared to 1,978 in 2014. 3 NIFT students drown in Mahanadi Three students of National Institute of Fashion Technology (NIFT), Bhubaneswar drowned while taking bath in Mahanadi river in Cuttack on Tuesday. Kalahandi to get medical college More Bhubaneswar News»

		Bhopal
		Rio Tinto mining activity: Report raises green issues BHEL: Supervisors protest pay disparity The agitating supervisors gathered outside gate number 5, raised slogans against the Navratna PSU administration for lack of initiative. Cousin rapes, strangles student A 13-year old student of Class VII was raped and then strangulated by her married cousin brother in Rewa district of Madhya Pradesh. More Bhopal News»

		Chandigarh
		Tohra's family parts ways with SAD for AAP Family members of late Shiromani Akali Dal leader Gurcharan Singh Tohra joined Aam Aadmi Party (AAP) on Tuesday. Convener sacking saga sparks talk of new outfit Sucha Singh Chhotepur's removal as AAP's Punjab convener has turned into a rallying point for those who are upset with the manner in which tickets have been announced for the 2017 assembly elections. Villagers complain about illicit liquor sale Residents of Telipur village of the district have submitted a complaint to the deputy commissioner (DC) about sale of illegal liquor in the village, alleging that children too, are getting hooked to the intoxicant. More Chandigarh News»

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ET Wealth-Morningstar ranking: Top 10 mutual fund managers 2016

THE ECONOMIC TIMES Tue, Aug 30, 2016 | 08:00 AM IST ET Wealth Newsletter

WHAT'S HOT #HowtofileTaxReturns, #HealthInsurance, #TermInsurance

ET Wealth-Morningstar ranking: Top 10 mutual fund managers 2016 Read on to know how these investing wizards ply their craft and ensure that investors who trusted them with their money had a great experience. Should you bother about your mutual fund manager's salary? While many fund houses have been dragging their feet on complying with this requirement, several have disclosed the pay packages. What are the qualities of a good fund manager? Managers should also be able to drown out the noise and show conviction even when the overwhelming sentiment suggests otherwise. From our Partners Help us understand your experience with economictimes.com. Share your feedback here Fill up a 5 minute survey From our Partners Can you invest like a marathoner? Olympic Games typically end with the marathon run. It is considered to be a very important event that tests the resolve of the athletes. Mutual fund managers who invest their own money in the schemes they manage These managers are so bullish that they invest their own money in the schemes they manage. Top mutual fund manager exits in last one year 5 top mutual fund managers who switched jobs during the last one year. ​ How women can succeed in career To make their way to the top in their chosen field of work, women have to battle mindsets and change their approach. Why you must understand and manage financial risk Risk cannot be wished away. We have to learn to understand it and manage impact. From our Partners Do you want to own a Multi-cap football team? A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment. From our Partners Play the balancing act of gymnastics in your investments! Gymnastics is a great combination of strength, balance, flexibility and grace.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. 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 you use the 100 minus age rule to decide your asset allocation? The idea behind the '100 minus age' rule is that younger people can afford to take more risks, but it does not considers the scenario of early retirement. Investing is not a spectator sport, understanding dynamics of the game is important In order to become a great sporting nation and a great investing nation, we need to recognise the intrinsic benefits of both, says Uma Shashikant. SBI Magnum Multiplier Fund : A consistent performer While it remains a proven offering in this segment, investors may also consider SBI Magnum Multicap, which enjoys an even better return profile. How much tax do Indians pay? The Central Board of Direct Taxes has for the first time released granular statistics of the income-tax returns filed by taxpayers. How to create a bank e-wallet Many banks now offer e-wallets for customers to make payments in one click, using their mobile phones. It is a safe and convenient mode of making payments to service providers. Smart things to know about Loan to Value ratio LTV is a risk assessment ratio that is used to manage risks associated with lending against an asset. It refers to the percentage of the value of the asset that can be given as a loan. Family Finances: Ghildiyal needs to realign investments, exit costly loan to achieve financial goals "I have not made any tax-saving investments so far and want to know how to do it." -- Praful Ghildiyal Better-than-expected operating and net profit make Tata Global stock analysts' top pick Company's increased focus on packaged water, speciality teas and coffee will accelerate growth. Financial Freedom eludes Indians: HDFC Life survey While Indian consumers are jittery about their ability to meet their goals, they are making efforts to improve their state. Startup Mrida Group focused on rural development, helps corporates in CSR efforts From left Gurveen Kaur Sood, Arun Nagpal and Manoj Khanna, Co-founders, Mrida Group. Alternative investment returns monitor: For week ending August 24, 2016 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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