Monday, 1 August 2016

[wanabidii] News Digest: Rajan wants policy panel before he leaves RBI

Monday, August 01, 2016
Today's Headlines

Rajan wants policy panel before he leaves RBI
India should quickly put in place a monetary policy committee (MPC) to institutionalize decision-making on interest rates and keep the focus on controlling inflation, outgoing RBI governor Raghuram Rajan said on Monday.

Steel industry owes Rs 3,00,000 crore to banks
The steel industry has outstanding loans of around Rs 3 lakh crore in various banks, thus making the sector one of the largest contributors to non-performing assets (NPA) in the country. With Chinese steel in the market, prices have fallen, resulting in the domestic producers suffering losses.

Steel industry owes Rs 3,00,000 crore to banks
The steel industry has outstanding loans of around rupees three lakh crore in various banks, thus making the sector one of the largest contributors to non-performing assets in the country.

More Business News»

Rice crops that can cut costs, reduce pollution

Mystery of missing Jai, India's most beloved tiger
A massive search operation is underway for the country's most famous tiger, with millions of adoring fans worried sick about the big cat known as Jai who went missing three months ago.

New varieties of butterflies discovered in Uttarakhand
With the discovery in Uttarakhand recently, the total number of varieties of butterflies found in the hill state is 453. Of the three new varieties, two were discovered and photographed in Nainital whereas the third was found in Haldwani.

More Environment News»

5 killed as Russian military chopper is shot down in Syria
The Russian Defence Ministry said on Monday that one of its helicopters had been shot down in Idlib Province in Syria with five people on board, the Interfax news agency reported. A pro-opposition television news outlet Orient News said that the pilot had died.

Turkey captures 11 involved in bid to seize Erdogan during coup attempt
Turkish special forces captured 11 fugitive commandos who were involved in a bid to seize President Tayyip Erdogan during an attempted coup attempt last month, state-run Anadolu Agency said on Monday.

Rogue pilot may have crashed MH370: Expert
A leading air crash expert on Monday said the missing Malaysia Airlines fight MH370 was likely to have been in controlled flight as it hit the water, giving life to the theory that it was brought down by a rogue pilot or hijacker.

More World News»

That's how our brain makes risky decisions

NASA set to unravel giant asteroid that can hit Earth
A near-Earth asteroid that is coming towards our planet after being dislodged by a gravitational pull can indeed strike us and and cause massive destruction. People living in the year 2135 would know whether the asteroid named Bennu posed an actual threat to hit Earth.

Juno set to reach farthest point in its Jupiter orbit

More Science News»

Buying an LED TV? 8 things to remember
Everyone wants a large TV in their living room.

Google's latest Android version Nougat to start rolling out this month
​Google, on its part, has not yet given exact dates as to when it would roll out the official version. Evan Blass, who was earlier known by his Twitter handle @evleaks, also claimed that Google Nexus 5 users will not be eligible to receive the new OS version.

Sony to sell only 'premium' smartphones in India
The move could very well be related to earlier reports suggesting that Sony plans to ‘defocus’ on India along with some other regions and will only sell premium devices to ensure better profitability.

More Technology News»

IIT Kharagpur join hands with MIT to launch urbanisation study course
The Indian Institute of Technology, Kharagpur, is joining hands with the Massachusetts Institute of Technology for a course to study urbanisation in the current developing world, where the concept is no longer limited to the precincts of what are administratively defined as "cities".

IIM's announce registration for CAT 2016
The Indian Institutes of Management (IIMs) have announced the registration for Common Admission Test 2016 (CAT 2016) on Sunday with the coveted All India management entrance examination scheduled to be conducted in two sessions (forenoon and afternoon sessions) on December 4 this year.

Learn-earn-return: IIT Kharagpur launches 'study first, pay later' scheme to raise funds
Faced with budgetary cuts from the central government, IIT Kharagpur has found a new way to raise funds through a 'Learn-Earn-Return Fund' scheme, where students will get a fee waiver if they pledge to donate money after getting a job.

More Education News»

Dam water level in Marathwada at 10%, higher than last year

Council disrupted over a separate vidarbha issue

Jacqueline wants to do a superwoman film
Mumbai, Aug 1 () Having played the love interest of a superhero in her upcoming film "A Flying Jatt", actress Jacqueline Fernandez is now keen on featuring as a superwoman in a movie.

More Mumbai News»

AIADMK MP alleges she was slapped by a "leader"
New Delhi, Aug 1 () AIADMK MP Sasikala Pushpa, who reportedly slapped DMK lawmaker Trichy Siva at Delhi airport on Saturday, today claimed she was slapped by a "leader" and faced threat to life in Tamil Nadu, alleging she was being forced to quit Rajya Sabha.

Delhi HC upholds blocking for pirate websites
A Division Bench of the Delhi High Court passed a landmark judgment on July 29, 2016, directing the blocking of pirate websites.

Experience Lenovo Vibe K5 exclusively on Ola app
India's largest ecommerce marketplace Flipkart has announced an exclusive partnership with Ola, India's leading mobile app for transportation, to offer its customers an opportunity to experience Lenovo Vibe K5 Note, straight from the Ola app before customers start buying it

More Delhi News»

Pourakarmikas plod on amid inhuman working conditions
It's 5am on a nippy Tuesday and the sound of alarm clocks creates a cacophony in BS Building on Pottery Road in Fraser Town as people from about 70 houses prepare for another day of hard and hazardous work. Tattered green overcoats in one hand and a set of brooms in the other, women rush to the main road to reach their attendance points by 6am.

Hariprriya sizzles at the audio launch of Neer Dose
Shivarajkumar was present at the meet

Rival kills real estate agent in love triangle
Jayanagar police are looking for the body of 26-year-old real estate agent, Yogesh, who was reported missing by his sister on July 21.

More Bangalore News»

Vizag woman comes out with short film on marital rape
Almost 98 per cent of rapes in the country are committed by people known to the victim.

Now, confusion over MBBS admission deadline
Even as they appear fated to deal with a third Telangana Eamcet exam, further trouble is brewing for aspirants to government medical colleges.

Cashing in on a good night's sleep!
Once curable with a few simple home remedies, sleep deprivation has grown into a booming business today.

More Hyderabad News»

When will Tamil Nadu govt bring down Aavin milk prices to Rs 25 as promised in AIADMK manifesto, asks Karunanidhi
DMK chief M Karunanidhi on Monday wanted to know when the Tamil Nadu government would bring down the prices of Aavin milk to Rs 25 per litre, as promised by the ruling AIADMK in its election manifesto.

Learning language the fun way
In 2000, a slum in Mumbai's Dharavi found an unlikely friend from down south -a storyteller bear who takes children on an exciting and magical journey with audiobooks and picture books. The teacher at the slum was using Karadi Tales to teach children English and C P Viswanath, the founder of Chennai based Karadi Tales, was intrigued.

Rename Madras high court as Tamil Nadu HC and not as Chennai HC, resolution passed by TN assembly says
The resolution comes after the central government introduced the High Courts (Alteration of Names) Bill, 2016 in the Lok Sabha to change the name of the Madras high court to Chennai high court.

More Chennai News»

Amdavadis, here's a guide to healthy substitutes

Three nabbed for kidnapping 10 year old boy
Ahmedabad crime branch late on Sunday night arrested three persons, including the mastermind Bharat Mackwana, for kidnapping a 10 year old boy Jay Patel, resident of Sola, and demanding a ransom of Rs 15 lakh.

Pradeep Sharma held for money laundering
The enforcement directorate (ED) on Sunday arrested suspended IAS officer, Pradeep Sharma, in connection with a money laundering case.

More Ahmedabad News»

Allahabad's dentist to train Pakistani counterparts

AU Central library to function all seven days a week
In a student friendly decision, the authorities of central library of Allahabad University would function in all days of the week including Sunday’s and that too for enhanced hours. Not only will the library function throughout the week but it will remain open for 357 days of the year and remain close only for just eight days of the year i.e. important holidays.

'Give details of cases against UP netas'
The Allahabad high court on Wednesday asked the state government to provide status report with regard to the criminal cases pending against UP's members of Parliament, members of legislative Assembly and legislative council.

More Allahabad News»

Odisha was never informed about Kelo project: Chief secretary

Trial run on Rajsunakhala-Bolagarh rail line

Shortage of IAS officers hits state

More Bhubaneswar News»

11-year-old falls into pit at BDA Colony, drowns

Hostel walls caving in, MANIT shifts students
Following several complaints regarding dilapidated old hostels, Maulana Azad National Institute of Technology (MANIT) has started shifting students to a new hostel from Sunday.

Rain unleashes fury after three-day lull
After a lull of three days, a strong spell of showers drenched the city on Sunday evening.

More Bhopal News»

Finally, Chandigarh to Dubai from September 26
Domestic budget airlines IndiGo would fly the first international flight from Chandigarh to Dubai from September 26, a much-awaited announcement that is bound to bring smiles on the faces of travellers.

Khemka says his appraisal withheld

Cong started canal work, not us: Harsimrat

More Chandigarh News»

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