Thursday 26 May 2016

[wanabidii] News Digest: India's bankruptcy law positive for banks: Moody's

THE TIMES OF INDIA
Thursday, May 26, 2016
Today's Headlines

India's bankruptcy law positive for banks: Moody's
Global credit rating agency Moody's Investors Service on Thursday said India's bankruptcy code boosts creditors bargaining power against big borrowers. Moody's also said significant infrastructure constraints have to be crossed for the framework to be fully operational.

China slowdown a threat to world economy, says Rajan
RBI governor Raghuram Rajan has warned that a "sharp" slowdown in China's growth posed a threat to the global economy. "Bad loans in the banking system were likely to grow over current levels," he said

I-T advertises 4-months' stash declaration window
The income tax department on Thursday brought out its first public advertisement to popularize the four-month window for declaring domestic black money that opens on June 1. The advertisement reads: aap kaarein yogdaan, badhayein apna samman

More Business News»

Officials deny ousting "Jungle Book" reserve tribals
Indigenous rights group Survival International reported that the Baiga tribes in the Achanakmar Wildlife Sanctuary in Chhattisgarh are being harassed by forest guards to leave the land where they have lived for generations. The forest officials have denied the allegations.

NGT raps Agra civic bodies over waste around Taj Mahal
The National Green Tribunal has pulled up UP Government and Agra civic authorities for rampant pollution in the Yamuna river near Taj Mahal. The pollution has led to the breeding of an insect which has stained the walls of Taj greenish black. Tribunal has asked the officials to appear before it.

India fifth largest producer of e-waste in world
India has emerged as the second largest market for mobiles and fifth largest producer of e-waste, said a joint study by ASSOCHAM and KMPG. India discards 18.5 lakh metric tonnes of electronic waste, 12 per cent of which is telecom waste.

More Environment News»

UN chief urges dialogue with North Korea
UN Secretary General Ban Ki-moon on Thursday urged a return to talks with North Korea, during a visit to South Korea that has fuelled speculation of his presidential ambitions in his home country.

US states sue federal government over transgender loo use
Eleven US states are suing the federal government over guidelines telling public schools to let transgender students use the bathroom of their choice. In a joint filing seeking to quash the directive, the 11 states accused the federal government of trying to rewrite laws by "executive fiat."

US lawmakers push for strong defence ties with India
The top US lawmakers cutting across party lines are pushing for building a strong defence relationship with India. "It is essential that Washington and Delhi stand together to uphold democratic values...as China seeks to gain greater influence in the region," Senator Bob Corker said

More World News»

Ancient Mars hosted habitable environments: study
Widespread buried deposits of iron and calcium-rich carbonates on Mars have been found, which suggest that the red planet once hosted habitable environments with liquid water. Mars' surface has been etched with fluvial features which indicate the presence of water in the past.

Government approves MoU between ISRO and the UAE Space Agency
The government's decision to sign an MoU between ISRO and UAE Space Agency was taken by the Union Cabinet, chaired by Narendra Modi. It will help in cooperation in the exploration of outer space for peaceful purposes, especially in the study of Mars.

Evidence of baby planets spotted around young star
A study published in the Astrophysical Journal Letters has found evidence of baby planets around a young star about a million years old. This suggests that planets might take much less time to form than previously thought.

More Science News»

10 best launcher apps for Android smartphones
The open-source nature of Android allows it to be customized more extensively than any other mobile OS. So, here is our curated list of the 10 best launcher apps that you can use to make your Android smartphone stand out from the rest.

HTC 10 with QHD display, fingerprint sensor launched in India at Rs 52,990
The HTC 10 sports a 5.2-inch QHD super LCD touchscreen with a resolution of 2560x1440 pixel and Gorilla Glass protection. It runs Android 6.0 Marshmallow-based Sense UI and mounts a 12MP UltraPixel f/1.8 camera at the back along with a 5MP A/F selfie shooter.

Here's another hint of Apple Car
For more than a year, Silicon Valley has been buzzing about Apple's plan to build an electric car. Now the company appears to be laying the groundwork for the infrastructure and related software crucial to powering such a product.

More Technology News»

NEET-II online application process to start from May 26

HRD ministry plans scheme to track students' performance
The Union HRD ministry is planning to launch a unique scheme to track the academic performance of school children across the country and also identify the dropouts.The scheme has been named 'Shaala ASMITA', an acronym for All School Monitoring Individual Tracking and Analysis.

Ensure NEET is never forced on Tamil Nadu, Jayalalithaa writes to PM Modi
Tamil Nadu chief minister J Jayalalithaa has asked the Centre to ensure that the common entrance exam NEET for MBBS and dental courses is "not forced" on it even in the future as its implementation would "nullify" certain policy initiatives taken by the state.

More Education News»

Mumbai local train disruption draws ire of railway activists
Mumbai, May 26 () In the wake of frequent disruptions on the Central line of city's suburban trains, activists of railways-appointed committees today conveyed their concerns to senior Central Railway (CR) officials.

Ghazal fans now have their own radio station
Mumbai, May 26 (IANS) If you are a ghazal fan but can't find the desired songs anywhere, here is good news. A dedicated internet radio station, named Mirchi Mehfil and catering to ghazal lovers has been launched.

Positive global cues lift equity markets
Mumbai, May 26 (IANS) Positive global cues, along with fresh influx of foreign funds and a rise in global crude oil prices, lifted the Indian equity markets on Thursday.

More Mumbai News»

Umar, Anirban move HC for same relief given to Kanhaiya,others
New Delhi, May 26 () Umar Khalid and Anirban Bhattacharya, who were rusticated from JNU, have moved Delhi High Court seeking the same relief that was extended to JNUSU President Kanhaiya Kumar and others against whom disciplinary action was taken by the varsity for a controversial event there on

FPIs' holding in BSE-200 cos drops to $291 bn in March qtr
New Delhi, May 26 () Foreign Portfolio Investors (FPIs) have lowered their holding in BSE-200 companies to USD 291 billion during the January-March quarter and heavy selling was seen in sectors like banking and pharma, says a report.

Flipkart offers Rs 1.5 lakh bonus to hires amid joining delay
New Delhi, May 26 () Facing flak for postponing the joining dates of students hired from IITs and IIMs, Flipkart has offered Rs 1.5 lakh as an additional joining bonus to all campus recruits to ease their "financial burden" in case they are to pay back loans.

More Delhi News»

Don't criminalize us, plastic industry tells BBMP
The Karnataka State Plastic Association on Wednesday accused BBMP of criminalising the plastic industry overnight and pushed its 70,000-odd workers to the edge. The civic body should find ways to manage waste instead of punishing us, they said.

Appointment process of BDCC bank anti dalit, OBC- JD(S)
Belagavi District Central Cooperative (BDCC) bank is carrying the appointment process of 100-second division clerk posts. JD(S) has alleged the board of management of the bank headed by former MP Ramesh Katti has deliberately subverted the reservation related guidelines, taking anti dalit and OBC stand.

Wipro launches total customer centricity solution for manufacturing sector
Wipro Limited, a leading global information technology, consulting and business process services company, on Thursday announced the launch of Total Customer Centricity (TCC), a Master Data Management solution for the manufacturing sector.

More Bangalore News»

'Hush-hush' SRDP work puts denizens on guard

Growth can't be at the cost of natural heritage
The KBR Park is known for its bio-diversity and wildlife. Spread over 400 acres, it is a virtual forest in the midst of a burgeoning metropolis, home to hundreds of species of flora and fauna.

Successive govts have ruined Hyd's identity

More Hyderabad News»

Cos post hard hitting messages to curb food wastage
You know your company is serious about food wastage when you see a scathing message on a board that you could very easily overlook in the office canteen.

Brakes India to invest Rs.180 crore to make turbocharger castings
Chennai, May 26 (IANS) Automotive component maker Brakes India Private Ltd has decided to get into castings for turbochargers investing around Rs.180 crore mainly for export market, said a senior official.

Tamil Nadu inmates perform well in Class 10 exams

More Chennai News»

Marginal improvement in quality of education in Gujarat: GUnotsav
Gunotsav VI results have revealed that while there was a marginal improvement of 12% in quality of primary education, standard of education in classes 6-8 failed to improve much.

45% fail in Mathematic in class Xth

Police apply for suspect detection test for cop killer Manish Balai

More Ahmedabad News»

BJP proposes, Cong to ask DM to dispose of meeting
Workers of district Congress committee on Wednesday decided to oppose the proposed BJP's national executive meet scheduled in Sangam city on June 12 and 13.

Hard to fill 3,500 posts of teachers
At a time when PhD holders are vying for posts in government departments, education department is finding it difficult to fill the 3,500 vacancies of Urdu teachers across the state.

HC stays BHU faculty appointment
The Allahabad high court on Wednesday stayed an appointment made on the post of associate professor at the faculty of management studies, South Campus, Banaras Hindu University (BHU).

More Allahabad News»

Nabakalebara coin controversy: Dharmendra writes to Odisha CM
Dharmendra Pradhan, minister of state, petroleum and natural gas, on Thursday blamed the state government for the delay in issuance of a commemorative coin of Lord Jagannath to mark the Nabakalebara festival celebrated last year.

Two women killed in fire after power wire snaps
Two women were killed and over 80 thatched houses gutted at Chaipur village in Athagarh block due to the thunderstorm on Wednesday.

Barsa Swony reunites with hubby
Curtains came down on the high profile marital dispute of Rajashree Mohanty and Barsa Swony, son and daughter-in-law of former BJD minister Raghunath Mohanty, with the estranged couple announcing their reunion on Wednesday.

More Bhubaneswar News»

CBI gets graft complaints against STF officials
CBI team investigating Vyapam scam has started getting complaints of 'illegal gratification' against STF officials who were probing the scam prior to the transfer of the probe to the national agency.

Illegal mining: Govt responsible too, says Patkar
On July 25 the case shall be heard in respect to the allegation and particulars of Alirajpur district, on July 26 for Dhar district, on July 27 for Khargone district and on July 28 for Badwani district.

7 lifeguards in tow, yet teen drowns in Gwalior pool
An 18-year-old boy drowned at the posh Taranpuskhar swimming pool in Gwalior on Wednesday morning while seven lifeguards on the spot were busy training new members.

More Bhopal News»

Haryana takes steps to meet demand for kharif crops
Chandigarh, May 26 () Haryana government has made adequate arrangements for the current kharif season as the total area under cultivation of crops in the state stands at about 27.86 lakh hectares. Of the total, paddy accounts for about 13.

Boys preferred over girls for free heart treatment: Study
Chandigarh, May 26 (IANS) Highlighting the apparent gender bias in northern India, fewer girl children suffering from congenital heart diseases are brought for treatment in comparison to boys even when the treatment is provided free of cost, finds a new study.

HC puts on hold Haryana's job quota for Jats, others
Chandigarh, May 26 (IANS) The Haryana government's recent notification according 10 percent job reservation on Jat and five other communities was put on hold by the Punjab and Haryana High Court on Thursday.

More Chandigarh News»

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