[wanabidii] News Digest: India to implement US foreign tax compliance act: RBI

		THE TIMES OF INDIA
		Sunday, June 29, 2014
		Today's Headlines

		Business
		India to implement US foreign tax compliance act: RBI RBI has said India and the US have agreed to implement a foreign tax compliance law and asked banks and financial institutions to register by this year-end to report accounts and assets held by US citizens. Sebi plans surprise inspection of 'paper' companies Securities and Exchange Board of India is working on a comprehensive framework to deal with the listing and trading of only-on-paper companies, a senior official said. Govt may hike Plan outlay by 2% The plan expenditure, or GBS (gross budgetary support), is the government spending on social sector schemes such as Bharat Nirman, rural employment guarantee and National Rural Health Mission. More Business News»

		Environment
		Over 2/3rd Indian population still rely on dung-based fuel: UN More than two-third of India's one billion strong population continue to rely on carbon-emitting biomass and dung-based fuel to meet energy needs for cooking, according to a UN report. UN chief wants world leaders to adopt new development goals UN chief Ban Ki-moon added that governments will be expected to append their signatures to the new mandate that will help solve problems that bedevil communities globally. Jayalalithaa to head panel to preserve eco-sensitive areas Amidst growing concerns over damage to ecologically sensitive and heritage sites, the state government on Friday decided to set up a body to protect such places. The proposed Tamil Nadu Authority for Preservation of Eco-sensitive and Heritage Areas will be headed by chief minister J Jayalalithaa. More Environment News»

		World
		Iraq receives 5 Russian-made jets to fight rebels The government received a boost in its fight against the militants with the delivery Saturday in Baghdad of five Russian-made Sukhoi jets. Israel strikes Gaza militant sites The increased rocket fire comes as the army continues to search for three Israeli teens who Israel says were abducted by the Palestinian militant group. North Korea launches two missiles in breach of UN sanctions North Korea fired two short-range ballistic missiles into seas east off its coast on Sunday, South Korea's Joint Chiefs of Staff said, in a breach of U.N. resolutions against the use of ballistic missile technology by the isolated country. More World News»

		Science
		Isro's French connection In a first, the Indian Space Research Organisation (ISRO) will be carrying out a mission to put in space all foreign satellites on Monday. Earth-like planet discovered 16 light years away Researchers have found a potentially habitable planet, located just 16 light years away, which is among the top three most Earth-like exoplanets ever discovered. Winners named in global underwater robot event Student teams controlling underwater robots from the United States, Canada and Russia were the winners Saturday in a global competition at the only federal freshwater marine sanctuary in the United States. More Science News»

		Technology
		Google says it is not killing Nexus devices Dave Burke, the head of Android engineering, has told Read Write that Google creates Nexus devices to showcase new versions of Android and this year too it will launch Nexus devices. Asus ZenFone 5 first impressions: Does Moto G finally have competition? We have been using ZenFone 5 as our go-to device for the past couple of days and though it’s too early for a full review, here are our first impressions: OEMs won't be able to skin Android Wear, TV and Auto devices Google's new Android Wear, Android Auto, and Android TV platforms were announced at Google I/O last week. More Technology News»

		Education
		DU's BTech to be 4-year course for students admitted in 2013-14: UGC Over 2,500 students are enrolled in six BTech programmes — Computer Science, Electronics, Food Technology, Polymer Science, Instrumentation and Electronics and Psychological Science. Calls for probe against DU VC grow There's more trouble in store for Dinesh Singh.Following DU rolling back its four-year undergraduate programme, there has been a growing chorus of demands for an inquiry against the vice-chancellor. Protests in DU continue Protests and celebrations continued in North Campus on Saturday. While Academics for Action and Development (Aditya) continued with their fast for the fourth day, Krantikari Yuva Sangathan and the students' union of School of Open Learning staged a demonstration and marched from the Arts Faculty gate to the faculty demanding parity with other DU colleges. More Education News»

		Mumbai
		Project rewinds a century of Mumbai's Hindustani music heritage When the late Hindustani vocalist, Firoz Dastur, once wanted to learn a new bandish, he visited his guru Sawai Gandharva’s home in Girgaum’s Khetwadi neighbourhood. The Kirana gharana exponent, relaxing outside his house, decided to sing a few notes for his disciple. Ramzan begins tomorrow but price rise worries households Muslims in the city are preparing to welcome the month of fasting and prayers, Ramzan, which will begin on Monday, instead of Sunday, as the new moon was not sighted on Saturday. Faulty cables, overloading may have led to fire The fire on the fifth floor of the New Administrative Building at CST on Friday evening seems, prima facie, to have been caused by a short circuit in the server room because of faulty cables or overloading of the electrical system. More Mumbai News»

		Delhi
		2 IITians open tea cafe chain in NCR; looks to VC funding Quitting high flying jobs in the US, two IITians have joined hands to start a tea cafe chain 'Chaayos' in the NCR region and are looking to raise venture capital to open nearly 50 odd stores across the country. For them, the world collapsed Mohd Naeem was on his terrace after taking a bath on Saturday morning when the ground beneath him shook and in the next few moments, everything that he owned and loved, was lost. Blame game starts, but no accountability fixed North Delhi Municipal Corporation, immediately after the collapse, suspended two officials and ordered an inquiry.But every time after such a collapse in Delhi, officials are suspended and then later quietly reinstated. More Delhi News»

		Bangalore
		Congressmen warn CM on his working style Chief minister Siddaramaiah was the target of angry Congress workers at the party's state executive committee meeting here on Saturday, as they took him to task for his style of functioning and warned him that the government's survival depends on sharing of power with all — now it's concentrated with a few leaders, they said. Bangalore hospitals overpower shutdowns Dialysis units grinding to a halt,temperature shooting up in neonatal ICUs, and operation theatres plunging into darkness. Bangalore civic body installs cameras in park to keep eye on couples The municipal body in Bangalore, Bruhat Bengaluru Mahanagara Palike (BBMP), has installed CCTV cameras in a park in Basavanagudi area of the city to "keep a watch on public display of affection and reduce social menace". More Bangalore News»

		Hyderabad
		'Actor Nagarjuna's convention centre encroached lake land' After conducting a detailed land survey of Tammidi Kunta in Madhapur, both the revenue department and Greater Hyderabad Municipal Corporation (GHMC) have come to the conclusion that about three acres of the lake land have been encroached upon by N Convention Centre owned by actor Akkineni Nagarjuna. Revitalise the Kakatiya legacy of water management Two announcements over the past weeks have once again drawn focus on the beleaguered water bodies of Hyderabad. Two officials held for accepting bribe Two government officials were arrested for allegedly taking bribe of Rs 80,000 in Nellore district of Andhra Pradesh, Anti-Corruption Bureau (ACB) officials said. More Hyderabad News»

		Chennai
		Building collapses kill seven people in India daily, NCRB data show In 2012, a total of 2,682 people died and 850 people were injured in 2,764 accident cases across the country, according to the NCRB data. Chennai building collapse: This homeguard saves a woman in his first real rescue attempt Akilan, who joined the service in February this year, rescued a woman who was trapped in the debris of the under construction building that collapsed on Saturday evening. Jayalaltihaa announces financial aid to Chennai building collapse victims She announced a financial assistance of Rs two lakh to each of the kin of the deceased and Rs 50,000 to each injured person. More Chennai News»

		Ahmedabad
		XI science results out, 73.06% clear exam The Gujarat Secondary and Higher Secondary Education Board (GSHSEB) on Saturday declared the science stream results of the second semester of class XI. Rs 5 crore in taxes recovered from co-op banks' account holders In the last four years, the income-tax (I-T) department recovered over Rs 5 crore in unpaid taxes from account holders in cooperative banks in the state. Papers ready, HC to hear Godhra case appeals After nearly 40 months, the state government has completed the mammoth task of compiling papers of Godhra carnage for hearing in Gujarat high court. More Ahmedabad News»

		Allahabad
		Rally against drug abuse held Various events were organized to mark the International Day against Drug Abuse and Illicit Trafficking on Thursday. Woman's body found near lake, rape suspected A woman's body was recovered near Baghel lake on Thursday. There were injury marks on the head and face and the neck slit.Police suspected it to be a case of rape and murder. Seminar on Pandit Mishra A seminar on renowned litterateur Pandit Shitla Prasad Mishra was organised on Thursday. More Allahabad News»

		Bhubaneswar
		Puri all set for annual show Puri is packed with tourists for Sunday's Rath Yatra, even as the state government is all set to prevent devotees from climbing chariots amid vehement protest by Daitapati priests. Youth dies, Titlagarh on boil Poll-bound Titlagarh town in Balangir district on Saturday turned into a war zone following death of a youth after his release from police custody. Youth's death sparks mob fury Death of a youth due to alleged police atrocity triggered a mob fury in poll-bound Titlagarh town in Balangir district on Saturday. More Bhubaneswar News»

		Bhopal
		Paramour strangles youth to death Two days after 21-year-old youth was strangled to death barely a few hours after he brought his wife for first time to home, cops claimed to have the cracked the murder case. Solved answers of MPPSC paper sold for Rs 50 lakh to Rs 3crore Solved answers of Madhya Pradesh Public Service Commission (PSC) state civil service exam-2012-13 question papers were reportedly sold for Rs 50 lakh to Rs 3 crore by Delhi-based inter-state racket. House full for major courses in excellence institute Admission process in all major courses in Institute for Excellence in Higher Education (IEHE) is complete and all seats are filled.More than 800 applications were received for each course. More Bhopal News»

		Chandigarh
		Failing to crack UPSC, man poses as DIG, arrested Praveen Tiwari of Ranchi was arrested for posing as DIG, Intelligence Bureau, Chandigarh.Tiwari, who holds MA, LLB degree, is an unsuccessful aspirant of the civil services. Driver booked for hitting cop Police, on Saturday, booked the truck driver who parked his truck in the middle of the road outside Ramgarh Fort on Friday, precipitating a traffic jam that lasted two hours. Students air objections to merit list at government schools After the common merit list was displayed, several students rushed to government schools on Saturday to air grievances. More Chandigarh News»

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