[wanabidii] News Digest: No proposal to cut import duty on gold: Government

		THE TIMES OF INDIA
		Friday, December 02, 2016
		Today's Headlines

		Business
		No proposal to cut import duty on gold: Government 'Rate cut by RBI next week a near certainty' What’s bad news for the economy is good news for the bond market, which has recovered most of the losses from the shock of last Saturday’s CRR hike. Note ban: How TCS changed back-end systems overnight TCS, which counts RBI, SBI and a host of financial institutions as its customers, had to work on a war footing to try and smooth the inevitable bumps. More Business News»

		Environment
		Great Barrier Reef 'not dying', Australia insists The Great Barrier Reef is "not dying", Australia insisted Friday as it updated UNESCO on efforts to protect the natural wonder while scientists blasted a lack of urgency in dealing with climate change. World cities seek $375bn to fight climate change The mayors were meeting to plot strategy in the face of climate skepticism from US President-elect Donald Trump. They said they planned to make commitments to reduce harmful emissions by promoting cycling in cities and renewable energy, among other measures. London mayor issues air pollution alert for 1st time The alerts were being displayed on Thursday at 2,500 bus stop and river pier information signs and at the entrances of all 270 subway stations. Dozens of signs next to the busiest main roads into London instruct drivers to switch engines off when stationary to reduce emissions. More Environment News»

		World
		Chinese firm starts building Titanic replica The 300-meter (984-foot) vessel being built by the shipbuilding company Wuchuan Group will be completed at the end of 2018 and will remain permanently docked as a tourist attraction in landlocked Sichuan province. Thailand's new king makes first public appearance King Maha Vajiralongkorn Bodindradebayavarangkun, 64, took part in a merit-making ceremony at Bangkok's Grand Palace to mark 50 days since his father's death plunged the country into grief. Civil servants dressed in black and white, the official colours of mourning, lined the streets to the palace as the new king's convoy passed. Obama lights National Christmas Tree for final time President Barack Obama marked his final time lighting the National Christmas Tree with a wish that Americans will care for the sick, the hungry and the downtrodden this holiday season and treat one another as they would want to be treated. More World News»

		Science
		Liquid water carved deep canyons on Mars Dramatic climate cycles on early Mars, triggered by buildup of greenhouse gases, may have caused liquid water to carve out deep canyons and extensive valley networks on the red planet's surface, scientists including one of Indian origin have found. Unmanned ISS cargo ship burns up on way to ISS: Russia An unmanned cargo ship travelling to the International Space Station burned up in the atmosphere shortly after launching on Friday, the Russian space agency said, raising concerns over space travel safety. Indian astrophysicist wins challenge on dark energy More Science News»

		Technology
		Morgan Stanley-managed mutual fund cuts Flipkart valuation to $5.5 billion A mutual fund managed by Morgan Stanley has sharply cut the value of its shares in India's largest e-tailer for the fourth time over a period of a year, valuing the company at $5.5 billion. Flipkart loses another top executive Flipkart's SVP (engineering) Peeyush Ranjan, who was the chief technology officer at the company till a few months back, has resig ned, adding to the list of top-level exits that have hit the e-tailer since last year. Here's how ban on Rs 500 and Rs 1000 notes may hurt PM Modi's 'Make in India' plans Industry insiders said they expect 2-3 months impact on current manufacturing activities. Analysts expect demand to normalise by mid-February to March. More Technology News»

		Education
		ISC exams from Feb 6, ICSE from Feb 27 The Council for the Indian School Certificate Examinations (CISCE) has announced the exam timetable for the class XII (ISC) and class X (ICSE) examination to be held in 2017. Only 177 PhDs in entrepreneurship in last 16 years: Study Despite government's efforts to promote entrepreneurship, doctoral research on the subject is yet to pick up in Indian universities as only 177 PhDs have been awarded in it compared to 20,271 in social sciences during last 16 years, says a study. India's first Confucius classroom to come up in Kolkata Approved by the Chinese government, this will be the first Confucius classroom in India, where 10-15 teachers from China will be joining as faculty. Classes will start from middle of next year and will have the capacity to take around 800 students by the end of 2017. More Education News»

		Mumbai
		Maharashtra state finance department urges employees not to rush to banks To beat the effects of demonetisation, the state finance department issued a circular on salary day urging employees and pensioners not to make a beeline to the banks. Bank wrongly charges client for Swiss stay, told to undo it Tribal kids' rape: FIR against school for fake pupils on rolls More Mumbai News»

		Delhi
		Death after delivery: Doctor to pay Rs 15 lakh to kin Cops hunt for parents of newborn found in temple 2,200 RWAs in Delhi, DPCC tells NGT More Delhi News»

		Bangalore
		Karnataka governement suspends officials raided by IT department Karnataka government on Friday suspended two senior officials close to chief minister Siddaramaiah following Income Tax raids at their official residence that allegedly unearthed Rs 6 crore in cash disproportionate to their known sources of income, including Rs 4.7 crore cash in new denominations of Rs 2,000. Honour for UVCE principal Minister Sait may get CID's clean chit in phone porn case More Bangalore News»

		Hyderabad
		Vallabhajosyula Sriramulu declared Athlete of Asia 2016 The tabla rendered raagas at this Magical evening... Hyderabad may have a first of its kind IT museum More Hyderabad News»

		Chennai
		Two injured as students clash in bus in Tamil Nadu The Tuticorin police on Friday detained four Class 9 students for attacking two Class 11 students with a knife in a running bus after a verbal duel over the communities they belong to. The detained and the injured students belonged to two different communities. Demolition drive to clear SWDs to resume soon 10 days, Bengaluru development minister K J George told the legislative council on Thursday.He said all the structures sitting on the drains will be demolished this time. Cyclone Nada weakens further as it makes landfall, weathermen predict another system Cyclone Nada weakened into a depression and made landfall 20km south of Karaikal between 4am and 5am on Friday. The system, which is situated 15km west of Nagapattinam, will likely weaken further into a low pressure area by Friday evening, the Regional Meteorological Centre announced. More Chennai News»

		Ahmedabad
		Businessman declares Rs 13,000 crore under disclosure scheme, fails to pay tax The Income Tax Department is investigating a most peculiar case in Ahmedabad. A businessman who voluntarily disclosed unaccounted income of a whopping Rs 13,000 crore is now under the scanner for what seems to be a silly slip - he forgot to pay the tax on the unaccounted income. Gardener arrested for molesting 5-yr-old A youth, 28, working as a gardener in a residential scheme in Bopal, was arrested by Bopal police late on Wednesday, after he was accused of molesting a five-year-old girl living in the scheme. Students boycott mess over dead rat in food Students of CN Fine Arts College in Ambawadi boycotted eating at the mess after a dead rat was found in the food last week.For the past three days, the students haven't taken their meals at the hostel mess. More Ahmedabad News»

		Allahabad
		HC stays no-confidence against UP bar council chief The Allahabad high court on Thursday stayed the no-confidence motion passed on November 26, 2016, against the chairman Uttar Pradesh bar council, Anil Pratap Singh. Man kills daughter-in-law over property, turns self in A 70-year-old man shot his daughter-in-law dead at home in Sarangpur village in trans-Yamuna area on Thursday.Then he walked to the nearest police station with his loaded countrymade gun, courting arrest. Rail traffic a mess, trains run very late Fog has affected the rail traffic as well.Several of the trains, reaching, starting from or passing by Allahabad, are running late by several hours.Because of the fog, many passengers were left stranded on the station. More Allahabad News»

		Bhubaneswar
		Odia bizmen feel left out For the young and the enterprising, it is still a challenge to make it big in Odisha. GST to make country one market Union finance minister Arun Jaitley on Thursday said the Goods and Services Tax (GST), to be implemented from April 2017, will be a game- changer for Indian economy, especially for the manufacturing sector. New startup arranges a home away from home Shifting cities is a nightmare and looking for a suitable house cumbersome.A startup by four Odia engineers, all in their early 30s, promises to make the house hunting experience of single men and women better. More Bhubaneswar News»

		Bhopal
		Engineering student hangs self MANIT gives up on bike-free campus policy Maulana Azad National Institute of Technology seems to have finally given up on its no-bike policy, which was supposed to come into effect from Thursday. Man rapes FB friend, lands in police net Police have arrested the man accused of allegedly raping a 24-year-old whom he had befriended on social networking website Facebook on pretext of marriage. More Bhopal News»

		Chandigarh
		Not covered by quota, upper castes demand financial aid To protest for their demands, the General Category Welfare Federation (GCWF) launched a 10-day hunger strike in Jalalabad town of Fazilka on Thursday. Datto to Dangal, meet B-town's Haryanvi expert With Haryanvi characters gaining popularity in movies and TV serials these days, there has been a demand for dubbing artistes and accent trainers who can teach the state's earthy dialect to actors. Doc on mission to spread bloom An Ayurveda practitioner from a village in Sirsa district has been distributing flower saplings free of cost among people for six years to nake the world a more "beautiful place". More Chandigarh News»

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