Friday 27 May 2016

[wanabidii] News Digest: SBI Q4 net profit falls 66% to Rs 1,264 crore

THE TIMES OF INDIA
Friday, May 27, 2016
Today's Headlines

SBI Q4 net profit falls 66% to Rs 1,264 crore
Country's largest lender SBI on Friday posted 66 per cent slump in standalone profit to Rs 1,263.81 crore for the 4th quarter of last fiscal ended March 31 as it more than doubled the provisions for bad loans. SBI had reported net profit of Rs 3,742 crore in the corresponding, January-March quarter.

Sensex gains over 100 points on foreign inflows

G7 leaders pledge collective action to boost growth
The leaders of the Group of Seven rich economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows.

More Business News»

Climate change threatens cultural heritage: UN
The Statue of Liberty, Uganda's gorilla forest, Stonehenge and Venice - the United Nations listed 31 protected sites threatened by sea level rise, drought and other climate change effects. Researchers reviewed existing data and reports to measure the climate-specific threat to 31 sites.

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.

More Environment News»

Obama mourns the dead on historic trip to Hiroshima
President Barack Obama on Friday arrived in Hiroshima, the first visit by a sitting US president to the site of the world's first atomic bombing and paid a moving tribute to victims of the nuclear attack.

France labour strikes intensify, N-workers join stir
France faced fresh strikes after nuclear power station workers voted to join gathering protests against labour law reforms that have forced the country to dip into strategic fuel reserves due to refinery blockades. The reforms are designed to make hiring and firing workers in labour market easier .

Obama says, Taliban still bent on violence despite new leadership
Hopes of peace negotiation with the new Afghan Taliban leader came floundering down as US President Barack Obama warned that the extremist movement will continue killing in Afghanistan. Obama made his doubt clears in Japan, where he is meeting with other leaders of the Group of Seven nations.

More World News»

What happens in the brain when you take difficult decisions?
A study published in the journal Neuroscience, Researchers found a strong positive correlation between perceptual difficulty and activity in insular cortex. This shows that brain activity increases in parts responsible for making coherent thoughts with increasing difficulties in problems.

Agro-economy revolution: BAU initiates tissue culture to augment banana yield
Aimed at augmenting banana yield in the region, the Bihar Agricultural University (BAU) has embarked on the ‘plant tissue culture method’ for commercial banana production, with help of the Tissue Culture Laboratory at BAU.

Chinese lunar probe to land on moon, return in 2017
According to State Administration of Science, Technology and Industry for National Defence (SASTIND), a Chinese probe - Chang'e 5 will land on the moon, collect samples and return to Earth by 2017, in the third stage of China's lunar expedition.

More Science News»

12 Snapchat features you need to know about
Few apps update quite as frequently or as dramatically as Snapchat.

HTC 10: First impressions
Our initial impressions of the HTC 10 are really positive. The smartphone sports a premium build and feels great in the hand. On the software side of things, the phone comes with all the latest features found in Android 6.0 Marshmallow and adds some extra functionality to the mix as well, thanks to the Sense UI.

Google beats Oracle in $9 billion Android trial
A US jury on Thursday unanimously upheld claims by Google that its use of Oracle's Java development platform to create Android was protected under the fair-use provision of copyright law, bringing trial to a close without Oracle winning any of the $9 billion in damages it requested.

More Technology News»

Becoming an MBA gets tougher as fees rise, scholarships ebb
Fees of the top MBA schools have risen significantly even as scholarship disbursal on the campuses has slipped. The ISB is the latest to raise its fee for an MBA degree to Rs 24 lakh. Its move followed the IIMs', which cited rising costs and shrinking government funds to up their sticker rate.

Neet: Lobbying by prvt medical colleges to thrive on NRI quota
The all-powerful private medical colleges managements now began pulling strings to let the Neet be not a hindrance to their roaring business by way of literally selling medical seats in the open market.

DUTA slams MHRD's response, termed it 'evasive and misleading'

More Education News»

USFDA approves first buprenorphine implant for treatment of opioid dependence

Railway cop finds Rs 8 lakh cash, gives it back

'Larger pictorial warning has little impact on smoking habit'
Mumbai, May 27 () Amid a raging debate over larger pictorial warnings on cigarette packets, over 70 per cent smokers have said it will have little impact on their smoking habit, according to a survey by insurance firm ICICI Lombard.

More Mumbai News»

Reliance Power Q4 net up 16% at Rs 320 cr
New Delhi, May 27 () Reliance Power today reported 15.8 per cent rise in consolidated net profit at Rs 320.16 crore for the fourth quarter ended March 31, 2015-16 on the back of higher power generation. It had posted net profit of Rs 276.

LeEco makes key hirings to strengthen its India team
New Delhi, May 27 () To strengthen its operations in the country, Chinese smartphone maker LeEco has made three key appointments to its India team, including former Qualcomm Executive Shrinivas Bairi as Senior Director (R&D).

Cops deliberately leave lacunae to benefit accused: Court
New Delhi, May 27 () A Delhi court has observed that police officials deliberately leave lacunae in charge sheet to force courts to free the accused involved in heinous crime, thus giving a bad name to judiciary.

More Delhi News»

TV-KTK
Bengaluru, May 27 (} Following are BengaluruBengaluru, May 27 (} Following are Bengaluru Doordarshan Kendra programmes for Saturday, May 28.

Japan's Kyosan join hands with TSTS to cater to Indian market
With an aim of expanding its business in India and neighbouring countries, Kyosan Electric Manufacturing Company Ltd, Japan, last year acquired 36 percent shares in TVM Signalling and Transportation Systems Pvt. Ltd. (TSTS) based in Karnataka's Bengaluru city.

Emirates to begin in-flight Iftar services during Ramadan

More Bangalore News»

Hederabad to host IACC national conclave
Hyderabad will be hosting the two-day Indo-American Chamber of Commerce (IACC) national conclave on June 3-4. The event will be inaugurated by the Union home minister Rajnath Singh and its theme will be 'Increasing US-India Trade to $500 Billion', said a release. The conclave is being organized by IACC's Telangana and Andhra Pradesh chapter.

No Andhra formation day this year too
Chief minister and Telugu Desam Party president N Chandrababu Naidu on Friday announced that the AP government will organise a week-long programme from June 2 to mark the bifurcation of the state.

Hyderabad: MEA seeks report over scuffle between Nigerian and local
The Ministry of External Affairs (MEA) has sought a report from the Hyderabad government. over a scuffle that broke out between a Nigerian national and a local resident, in which the former was injured.

More Hyderabad News»

HC amends advocate rules for peaceful conduct of proceedings
Chennai, May 27 () The Madras High Court has issued a notification making amendments to existing rules under the Advocates Act with a view to ensuring peaceful conduct of court proceedings and suggesting disciplinary action to be taken against erring advocates.

SUMMARY OF OBSERVATIONS RECORDED AT 0830 HRS IST:
Chennai, May 27 () Rainfall occurred at many places over Kerala, Lakshadweep, at a few places over Coastal Karnataka and at one or two places over interior Karnataka, Andhra Pradesh and Tamil Nadu. Dry weather prevailed over Telangana.

Jayalalithaa seeks PM's intervention to five TN fishermen jailed in Iran

More Chennai News»

3 injured in clash in Guj village
Ahmedabad, May 27 () Three persons were injured in a clash between people of two different communities in Panchmahals district over an 'objectionable' song played at a marriage procession while it was passing through a locality dominated by a particular community, police said today.

Census reveals 'balika vadhu' shocker
It may come as a shocker but 7.03 lakh -- 4.67 lakh females and 2.36 lakh males -- or 2.09% of Gujarat's 3.36 crore married population had tied the knot when they were less than 10 years of age. In past two decades itself, 1.32 lakh were married off before they celebrated their 10th birthday.

Sleuths apply for SDS test on 'cop killer'
Manish Balai, who allegedly killed a police constable at crime branch.Sources in the police said the SDS helps determine whether or not a subject is vulnerable to questions related to the crime.

More Ahmedabad News»

After independence, BJP first to hold national executive meet at Sangam city

Allahabad high court initiates contempt proceedings against Amanmani
The Allahabad high court on Thursday initiated criminal contempt proceedings against jailed former UP cabinet minister Amarmani Tripathi's son Amanmani Tripathi for allegedly threatening one Abdur Rahman alias Sajid who is contesting against Amarmani in a rent control matter. Amarmani is serving life term in Madhumita Shukla murder case while his son Amanmani is charged with killing his wife Sara.

Three injured in clash between BJP and SP workers in Allahabad
Clash between workers of the Bharatiya Janata Party (BJP) and Samajwadi Party (SP) left three injured on Thursday even as Subhash crossing and the adjoining areas under Civil Lines police station remained tense for over two hours. The incident took place during a show organised by the BJP to highlight the Union Government's achievements during its two years in power. They were watching the live telecast of the Prime Minister's speech from Saharanpur when some SP workers allegedly attacked them and damaged the LED screen.

More Allahabad News»

Centre, state to join hands for rail network in Red-hit dists
The state government and railway ministry may soon form a joint venture for expansion of railway network in Maoist-affected Nabarangapur and Malkangiri districts.

Nabakalebara coins controversy deepens
The commemorative coins of Rs 10 and Rs 1,000 denominations were initially slated for release during the festival in July 2015.

Investment zone at K'Nagar soon
Oil minister Dharmendra Pradhan on Thursday said the Centre has approved establishment of a national investment and manufacturing zone in the state.

More Bhubaneswar News»

Lokayukta nabs patwari red-handed
154 words

NDA govt merely repackaged UPA schemes, alleges Cong
Senior leader Girija Vyas says Modi sold dreams, illusions of 'achhe din' (322)

After trees, Smart shift hits slums
After trees, slums could be the latest hurdle in Bhopal's Smart City plans.About 6,000 slums could be dislocated if Bhopal Development Authority's (BDA) densification model is to be replicated as city's new Smart.

More Bhopal News»

Post-monsoon, water table dropped in five districts

2 years on, no trace of missing Faridkot man
Since two years the fight of a Faridkot family for CBI inquiry into the disappearance of their son goes on abated.

Bodies of married man, paramour found
Bodies of a married man and his lover, who belonged to a different community, were found hanging from a tree on Thursday in a village of Panipat district.

More Chandigarh News»

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