[wanabidii] News Digest: RBI forex intervention to continue: Raghuram Rajan

		THE TIMES OF INDIA
		Tuesday, April 19, 2016
		Today's Headlines

		Business
		RBI forex intervention to continue: Raghuram Rajan ​The Reserve Bank of India will continue to use currency intervention to reduce volatility in the country's exchange rates, the bank's governor, Raghuram Rajan, said on Monday. India will intervene in the currency market when there's a sustainable risk in global markets and the country sees a flood of capital coming in, he said.​ In 'grim' global economy, 'protectionism' major worry: FM As India's merchandise exports declined for the 16th straight month in March, finance minister Arun Jaitley has raised concern over rising protectionism among the rich nations, while describing the global economic situation as "grim and worrisome". Separate morality from NPA clean-up: Raghuram Rajan Amid raging controversy over loan defaults by corporates, RBI governor Raghuram Rajan has said the issue of bad loans gets "loaded with a lot of morality" and it is necessary to keep criminal liability separate for putting the stressed assets back on track. More Business News»

		Environment
		3 new primate species discovered in Madagascar The newly identified species live in the South and East of Madagascar and increase the number of known mouse lemur species to 24, researchers said. Mouse lemurs are small, nocturnal primates, which are only found in Madagascar - and they all look very similar with their brown fur and large eyes. 'Pollution impact on monuments slow but long lasting' Pollutants like sulphur dioxide and nitrogen dioxide, generated by vehicles and industries, react with air moisture to form acids that eat into the marble resulting in change of colour and even corrosion. Cambodia banking on India to reintroduce tigers Right tigers from India — six females and two males — would be translocated to Cambodia where the big cats have been declared extinct. The Indian tigers would be "reintroduced" in two different locations in Cambodia over the next five years. The last known tiger in Cambodia was reported in 2007. More Environment News»

		World
		Brazil's Rousseff vows to fight on after impeachment defeat In a raucous vote late on Sunday that sparked jubilation among Rousseff's foes, the opposition comfortably surpassed the two-thirds majority needed to send Brazil's first female president for trial in the Senate on charges she manipulated budget accounts. Ecuador quake toll climbs over 400, damage put at billions of dollars Two days after the magnitude 7.8 quake, traumatized survivors begged Correa for water in the city of Portoviejo, while a soccer stadium in the beach town of Pedernales served as a makeshift relief centre and morgue. 'Limited activity at North Korea nuclear test site' While the images contain little to suggest a test is imminent, analysts at the US-Korea Institute at Johns Hopkins University noted that North Korea has become increasingly expert at masking its preparation work. More World News»

		Science
		Greenery near home increases life-span: Study "It is important to know that trees and plants provide health benefits in our communities, as well as beauty," said NIEHS director Linda Birnbaum, Ph.D. "The finding of reduced mortality suggests that vegetation may be important to health in a broad range of ways." MRI best tool to pick up brain defects in children Latest versions of MRI are able to pick up almost all congenital defects in the brain and help treat a child in neuro-emergency. Uruguay storms kill seven, displace 3,600 Colonia Suiza, Uruguay, April 18, 2016 (AFP) -Storms and floods in Uruguay have killed seven people and driven 3,600 from their homes in recent days, authorities said Sunday. More Science News»

		Technology
		5 reasons why you should use Linux Ever since its inception, the Windows family of Operating Systems has dominated computers across the world, and continues to do so till this day. The one Google Maps feature every user should be using Google Maps has tons of awesome features that will make your life easier, even to the point where you can be your own travel guide. Lenovo K5 Plus review: Good, but not perfect Lenovo has added another smartphone, the Vibe K5 Plus, to its budget line-up. Priced at Rs 8,499, the K5 Plus seems to tick all the right boxes. More Technology News»

		Education
		Tamil Nadu medical admissions 2016: Application forms to be issued from May 9 The Directorate of Medical Education on Tuesday announced that applications for admission to MBBS and BDS courses in medical colleges in Tamil Nadu for the 2016-17 session would commence on May 9.  JEE (Main) keys spark controversy The Central Board of Secondary Education (CBSE) on Monday came in for criticism after it uploaded the answer keys to the Joint Entrance Exam 2016 (JEE Main). Delhi high court seeks Delhi govt's reply on student's plea for lack of books Delhi High Court sought response of the Delhi Government and the North Delhi Municipal Corporation on a plea complaining that despite directions, 16 lakh students enrolled in their schools at elementary level were yet to get text books, writing material and uniform. More Education News»

		Mumbai
		Indian cos focus more on digital investments globally: Survey Mumbai, Apr 19 () Indian companies are focussing more on digital investments in marketing and IT compared to their global counterparts, but less on operations and customer experience, a global survey has said. Maharashtra government bans digging borewells below 200 feet The Maharashtra government on Tuesday imposed a ban on digging of borewell below 200 feet in view of the acute water crisis in the state. Violation of which will invite action under the 'Maharashtra Groundwater Development and Management Act' that can lead to fine or even imprisonment. Two nuns from Vasai girls orphanage accused of ill-treating two siblings More Mumbai News»

		Delhi
		Massive effort to be launched for water conservation: PM New Delhi, Apr 19 () With various parts of the country witnessing drought, Prime Minister Narendra Modi today said a "massive effort" will be launched for water conservation and storage under MNREGA in the next couple of months and urged official youth organisations like NCC to contribute in this. Sonia comes under fresh BJP fire over Ishrat affidavit New Delhi, Apr 19 () Firing a fresh salvo at Sonia Gandhi over the Ishrat Jahan issue, BJP today suggested that the Congress chief had asked the then Home Minister P Chidambaram to file a second affidavit in the case as UPA could "tolerate terrorists but not Narendra Modi as Prime Minister". India Inc optimistic about economy, corporate performance: ASSOCHAM An overwhelming large part of India Inc. More Delhi News»

		Bangalore
		Buses set on fire, police station attacked during stir Bengaluru, Apr 19 () Several buses were set on fire and a police station was attacked as protest by garment factory workers against the new provident fund rules turned violent on the second day of their stir here today. Karnataka's IAS officer gets distinguished SRCC Alumini award Violent protests in Bengaluru against PF withdrawal norms, several vehicles torched On Tuesday all major highways like Mysore Road, Tumkur Road, Bannerghatta Road and other parts of Bengaluru saw huge protests leading to long traffic jams. More Bangalore News»

		Hyderabad
		Rain water harvesting, river check dams are way forward: Nair Hyderabad, Apr 19 () Former Chairman of Indian Space Research Organisation G Madhavan Nair today said as India was facing drought conditions and water scarcity in several regions, conserving each rain drop and putting in place a resource management system were key to addressing the issues. Parking in Hyderabad to get costlier soon The cash-strapped Greater Hyderabad Municipal Corporation (GHMC) is mulling ways to boost its revenue, and much to the annoyance of denizens, a hike in parking fees is in the offing, sources say. According to sources within the civic body, the current rate for parking a four-wheeler in any of the 53 parking lots managed by the civic body costs Rs 20 per hour, but now officials are contemplating increasing the fare to Rs 50 per hour. Double whammy for engg aspirants in Telangana Engineering aspirants in Telangana will have a rough time seeking admissions in private engineering colleges as offi cials estimate a drop in seats to the extent of 30 per cent with the expected closure of several institutes. Revision of fees with an estimated hike of up to 30 per cent will also add to their miseries, say officials. More Hyderabad News»

		Chennai
		Renault to expand dealerships to 240 by 2016 Chennai, Apr 19() Renault India plans to have 240 sales and service outlets by the end of this year as part of its expansion plans, the company said today. It inaugurated its new 3S (sales, service and spares) facility at Renault-Kattupakkam - Power Car India Pvt Ltd - in the city today. Olive Ridley turtle rescue efforts: Madras HC imposes cost on Tamil Nadu govt The Times of India's exclusive article on the mass death of Olive Ridley turtles along the Chennai beaches, published in January 2015, continues to create news, as the Madras high court has imposed a fine on the Tamil Nadu government and said the government deserved to be penalised for failing to obey court orders on the matter. Drunk cook smothers colleague at Chennai hotel Police on Tuesday arrested a 42-year-old cook at a hotel in Chepauk here for murdering his colleague. More Chennai News»

		Ahmedabad
		Banks suffer Rs 1,500 cr loss as internet shut down due to Patidar agitation Sending money over internet, shopping on e-commerce website or ordering a cab through app, people on Monday had a tough time in accessing utility services across the city as internet on mobile phones and dongles were shut down following Patidar agitation. Govt-Patidars talks fail to end deadlock The 3.5-hr long meeting at Swarnim Sankul, Gandhinagar, between Patidar leaders (sans PAAS and SPG conveners) and the ministers' committee formed by the Gujarat government to address the community's issues, ended without any firm conclusion on Monday. Ahmedabad's heritage warrior is a Jain Sadhvi A Jain nun in Chaumukhini Pol in the walled city - central to Ahmedabad's nomination as World Heritage City by Unesco - is scripting a courageous campaign against illegal construction. More Ahmedabad News»

		Allahabad
		HC stays notification on service tax on lawyers The Allahabad High Court on Monday stayed the notification issued by Central Board of Excise and Customs (CBEC), imposing service tax on senior advocates.This service tax has been imposed by Union Budget-2016. 'Test'ing times: No admit cards, aspirants in a lurch As many as 400 successful candidates of Combined Lower Subordinate Services Exams-2015 are yet to receive their admit cards for mains exams scheduled on April 24. Auto-bus collision: 1 dead, 4 critical An auto driver died and four passengers' suffered critical injuries when the vehicle they were travelling in collided head-on with a bus near glass factory under Bamrauli police station on Monday. The bus driver fled the scene, his vehicle, however, was seized. More Allahabad News»

		Bhubaneswar
		Odisha extends school holidays due to heat wave Bhubaneswar, April 19 (IANS) The Odisha government on Tuesday extended school holidays till April 26 due to the prevailing heat wave conditions in the state. Odisha extends school holidays as IMD predicts severe heatwave Bhubaneswar, Apr 19 () With temperatures hovering around 45 degree C and the IMD predicting severe heatwave conditions for at least three days from Thursday, the Odisha government today extended school holidays till April 26 and decided to continue mid-day-meal scheme in drought affected areas even Odisha government announces closure of schools till April 26 More Bhubaneswar News»

		Bhopal
		Bhopal RTO shuts door for agents now Following an incident of violence and assault last week between tauts and smart chip employees, the state transport department on Monday finally shut its doors on these outside agents working in the Regional transport Office (RTO), who for 15 years was allegedly the reason behind agony and harassment of applicants. Earlier, the transport department banned agents in the Indore RTO earlier this year. Censorship meaningless in internet era: Sudhir Mishra "Censorship on films is futile in India. There are several other media these days which provide inappropriate content to youngsters for free," said Bollywood director Sudhir Mishra, who is known for directing critically acclaimed films like Hazaaron Khwaishein Aisi, Dharavi and Chameli. Mahanirwani Akhara makes majestic entry Ujjain wore a festive look on Monday with flowers being showered from the sky, magnificent bands playing folk music, women wearing saffron sarees with pots on their heads. More Bhopal News»

		Chandigarh
		Haryana rioters yet to return stolen guns 76 Firearms Still Missing 2 Months After Jat Stir CAG had red-flagged Punjab foodgrain mess Stock-Credit Mismatch Rose From Rs 14K cr to Rs 21K cr In 3 yrs IT firms fear inside job more than hackers Saurabh.Prashar@timesgroup.Businesses have a term for people like Edward Snowden - insider cyber threat. More Chandigarh News»

		Unsubscribe | To manage your newsletter subscription settings, click here	Other Newsletters from TOI : Breaking News | Top Headlines | Tech | Entertainment | Movie Reviews | Life & Style