Saturday, 2 January 2016

[wanabidii] News Digest: Dispute Resolution Panel states: No MAT levy on FPIs

THE TIMES OF INDIA
Saturday, January 02, 2016
Today's Headlines

Dispute Resolution Panel states: No MAT levy on FPIs
In a welcome relief to the foreign portfolio investor (FPI) community, the Dispute Resolution Panel (DRP), Mumbai bench, has recently disposed of the objection against the draft order passed by the income-tax (I-T) department for financial year 2011-12 in favour of the FPIs.

Retrospective tax law hurt India, scared away investors: Jaitley
Retrospective tax law has hurt the country as it scared away the investors, Finance Minister Arun Jaitley today said and stressed on the need for maintaining the standards of fairness in taxation.

New scheme to create 30L textile jobs, says govt
The Union government’s decision to introduce an amended technology upgradation fund scheme (A-TUFS) in place of the existing revised, restructured TUFS has brought cheer to the textile industry.

More Business News»

'Banning phosphate in detergents can be looked into'
Union environment minister Prakash Javadekar today said the government will surely think of banning use of phosphate in detergents when there was an alternative to do so. Javadekar said he would see what best practices could be put to use in making phosphate-free detergents.

Norway to help India manage construction waste
India will sign an MoU with Norway for training of human resource to handle construction and demolition waste, in tune with the Clean India Campaign launched by Prime Minister Narendra Modi.

Chill not to freeze New Year's Eve thrill in Himachal hills
The snow will not freeze the thrill in the hills of Himachal Pradesh as the sun will add warmth to the celebrations. Tourists will thus herald the New Year on a sunny note, the Met office cheerfully says. There will be long sunny days at most of the tourist destinations in the state till the New Year dawns.

More Environment News»

China starts 1st nuclear reactor in ethnic minority region
The first nuclear power plant located in one of China's ethnic autonomous regions has began commercial operations of its first reactor that will cut coal burning and CO2 emissions and can create upto 64,0000 jobs annually.

China restructures military as Xi eyes 'strong army'
China has unveiled changes to the structure of its military described by President Xi Jinping as "a major policy decision to realise the Chinese dream of a strong army", state media reported.

Baga is a ghost town one year after Boko Haram massacre
One year after a massive attack ranked among the worst in Boko Haram's six-year insurgency, the residents of Baga in northeast Nigeria say their home is a ghost town.

More World News»

A Harvard psychiatrist says three things are the secret to real happiness
Happiness is one of the most important things in life, yet it's also one of the hardest to study.

Rare space radio waves to test Einstein's theory
Scientists have developed a new way to test one of the basic principles of Einstein’s theory of general relativity using brief blasts of rare radio signals from space.

Gene editing tool to help treat muscular dystrophy
Scientists, including one of Indian-origin, have successfully used a gene editing tool to treat a genetic disease in a fully developed living mammal for the first time, an advance that may be translated in humans. Researchers from Duke University used CRISPR to treat an adult mouse model of Duchenne muscular dystrophy.

More Science News»

9 most popular apps of the year 2015
Whether it was photo-editing, news, live video streaming, or messengers, the year 2015 saw many apps that instantly appealed to the masses and rose to popularity after they got launched.

6 ways Indian smartphone industry will change in 2016
The upcoming internet explosion will predominantly be catered to by smartphones to give a boost to mobile apps and value-added services backed by 4G/LTE network technology, with local manufacturing a big focus area.

Gadgets are getting smarter, but are we ready for that?
Technological advances typically offer immediate, tangible benefits that, once you've put enough of them together, can indeed revolutionize daily life. But the risks tend to be diffuse, abstract and often difficult to ascertain even if you're paying attention -- and most people won't.

More Technology News»

Varsities to face cut in research funds by UGC
Already reeling under a financial crunch, the state universities in Telangana may have to suffer further as the University Grants Commission (UGC) has decided to disburse funds based on the research work undertaken.

NIIT offering programme in banking sales and marketing
NIIT Institute for Finance, Banking and Insurance (IFBI), India's largest banking training institute, has launched a certificate programme in banking sales and marketing (CPBSM) in association with Catholic Syrian Bank (CSB).

EWS parents hassled on day one of nursery admissions
Friday was only the first day of online economically weaker sections (EWS) admissions and parents from this category are already exasperated. The page itself was down for a while and since it takes time for information to spread among parents of this category, many went to schools to inquire.

More Education News»

Ward boy ends life at girlfriend's home
A 25-year-old wardboy committed suicide at his girlfriend's Dahisar East residence on New Year's Eve. No suicide note was found.

Travel site con victim nails lie in court, says he didn't get refund
The lawyer of travel portal fraudster, George Fernandes, was exposed in court on Thursday when one the victims present refuted his claims.

Shakeel aide held over plan to kill ex-journalist
The anti-extortion cell (AEC) of the crime branch has arrested Sayyed Abbas Tublani (47), an old-time conduit of underworld gangster Chhota Shakeel, who was allegedly hatching a plot to kill former journalist S Balakrishnan after the latter won the bidding for don Dawood Ibrahim’s restaurant at Pakmodia street. Balakrishnan was provided with round-the-clock security.

More Mumbai News»

Rap artiste MC Sid performed at the New Year's Eve party at The Flaming Kick in Noida
Welcoming 2016 with some Bollywood rap

'One per cent violations' on first odd-even day
Delhiites put their weight behind the most drastic anti-pollution measure conceived in India by largely embracing the oddeven scheme that kicked in on New Year's day . Experts said that the compliance on Day One had immediately led to a dip in levels of particulate matter in the capital's air. The private cars on the roads on Friday were overwhelmingly odd-numbered ones and nearly 1 lakh less than on a normal day -helped by the fact that it was a holiday. Most even-numbered cars seen on the roads were covered by some exemption.

Delhi Police commissioner Bassi stops 2 even cars, but both CNG
Delhi Police commissioner B S Bassi on Friday did his bit in implementing the odd-even scheme and stopped two even-numbered private cars plying on the road, but both turned out to be CNG vehicles, which are exempted under the initiative.

More Delhi News»

B'luru's waste being pushed to forest reserve, farmland?
The garbage scene in Bengaluru seems to be getting murkier, with the city's waste finding its way to vacant lands and forest reserves of neighbouring districts.

Rajnath praises Muslim families
Appreciating Indian Muslim families for preventing their children from being influenced by terror group IS, home minister Rajnath Singh said it is because of our “family values“.

Home minister spends NY with jailbirds
While most Bengalureans ushered in 2016 with their loved ones, home minister G Parameshwara had prison inmates for company . The minister began his New Year by visiting Parappana Agrahara Central Prison on Friday morning.

More Bangalore News»

Tirumala temple hundi nets Rs three crore on new year day
Over 80,000 devotees from different parts of the country thronged the famous hill shrine of Lord Venkateswara on new year day today.

Temporary assembly building to come up in Amaravati
The AP government has decided to construct a temporary assembly building in the upcoming capital city, Amaravati.

Domestic power consumers to be categorized in AP?
People in Andhra Pradesh are all set to expe rience an indi rect bur den as power compa nies ha ve pro posed categorization of domestic consumers. Citing anomalies in the present five-slab domestic tariff, power distribution companies have proposed a new three-tier structure, which is aimed at garnering higher revenue.

More Hyderabad News»

TN govt launches DIY kit to promote rooftop gardens in Madurai, Trichy
Chief minister J Jayalalithaa launched a do-it-yourself kit programme in Madurai and Trichy, as part of the government’s efforts to promote rooftop vegetable gardens in urban areas, besides sale of Amma seeds to farmers through Amma service centres.

Congress high-command to decide on alliance with DMK: Chidambaram
In the wake of the DMK chief M Karunanidhi’s assertion that the party would not exclude the national party, its erstwhile ally, while reaching out to potential allies for constituting an electoral front for the 2016 polls, former Union minister P Chidambaram said the Congress high-command would decide the issue.

Under a new roof they wait for a bulb to light up their lives
After the december floods, thousands are moving from dangerous river banks to safer homes. toi follows a rickshaw-puller's family members as they struggle to stitch back their lives. watch this space.

More Chennai News»

Gandhinagar mayor's office vandalized, police complaint filed
The unruly behavior of the opposition members during the Gandhinagar Municipal Corporation (GMC) general body meeting has not been taken lightly. On Friday evening, mayor Hansa Modi registered a police complaint against women councillors who vandalized furniture and even heckled her.

Eye on polls, Ben to extend welfare scheme benefits to all
Reeling from the discontent in the general category masses triggered by the Patidar agitation and with an eye on the 2017 assembly polls, chief minister Anandiben Patel's government has decided to universalize the benefits of all welfare schemes offered to the SC, ST and OBC categories. This excludes reservation benefits in admissions and jobs.

Spirited celebrations in dry Gujarat ring in the New Year
In dry Gujarat, people rang in a rather spirited New Year on Thurs day night. Police booked a least 300 drunk persons which included a few women under the Prohibition Act Majority of those found in an inebriated state were caught during vehicle checking.

More Ahmedabad News»

Air Marshal Sinha to be CAC chief
Air Marshal SBP Sinha would take over as Air Officer Commanding-in-Chief, Central Air Command (CAC) on Thursday. He would take charge from the outgoing AOC-in-C Air Marshal Kulwant Singh Gill, who retired on Thursday.

MNNIT to devote proposed research centre to Kalam
Motilal Nehru National Institute of Technology (MNNIT) has decided to set up a state-of-the-art centre for interdisciplinary research and projects in specified fields. It would undertake studies in the fields of climate change, energy, environment and disaster management.

Coming soon, English classes for government teachers
Come January and the government teachers would hone their skills in speaking English so as to improve the standard of teaching. State government's designated institute would conduct special workshops for such teachers from the new year so that they can, in turn, help students learn basic English.

More Allahabad News»

BJP won't repeat historic blunder of alliance with BJD: Jual Oram
Union tribal affairs minister Jual Oram, whose Friday remarks of CBI going slow on its probe into chit-fund scam in Odisha had kicked off a political controversy in the state, on Saturday said he was only referring to people’s perception about the ongoing inquiry.

Your suggestions will count in Odisha budget
For the first time, the Odisha government has decided to seek people’s views before preparing the annual budget for the 2016-17 fiscal. The move is aimed at making the annual budget people oriented.

Anti-dacoity unit to patrol capital fringes
To improve policing on the outskirts of the city and check burglary, dacoity and robbery at night, the commissionerate of police has decided to start an anti-dacoity patrolling unit.

More Bhubaneswar News»

NY bash turns into tragedy, boy drowns in Kerwa dam
A teenager Ankit Chandel, who went to Kerwa dam with his friends on Friday to celebrate New Year drowned while washing his hands and face after cutting of a cake.

IAS officers go for court marriage in Guna
They were batch mates at Lal Bahadur Shastri national academy of administration when they were undergoing training of Indian Administrative Service .

Man rapes 76-year-old mother-in-law in Madhya Pradesh
A 45-year old man raped his 76-year-old mother-in-law in Jabalpur town of Madhya Pradesh on Thursday night. The incident took place in Madhotaal locality of the town.

More Bhopal News»

CSIO starts incubation cell to help fund flow from industry
Shimona.Kanwar@timesgroup.With the government's huge cut on research and development for scientific organizations, the Central Scientific Instruments Organization (CSIO) has started its incubation cell.

Greater Mohali Area Development Authority to axe 500 trees
The Greater Mohali Area Development Authority (Gmada) has proposed to axe around 500 termite-infested tress in Mohali causing trouble to commuters at various locations of the district.

48 accidents rock Chandigarh on New Year's Eve
As many as 103 people were caught for drunken driving, an equal number of vehicles impounded and 48 accidents, including one fatal, reported throughout the city during the New Year's Eve celebrations on Thursday night.

More Chandigarh News»

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