[wanabidii] News Digest: Gold slumps to 11-month low on weak demand

		THE TIMES OF INDIA
		Monday, December 26, 2016
		Today's Headlines

		Business
		Gold slumps to 11-month low on weak demand Gold prices slumped by Rs 250 to hit over 11-month low of Rs 27,550 per 10 gram at the bullion market Monday due to weak demand from jewellers and lower advices from futures trade. Silver also fell by Rs 210 to Rs 38,600 per kg on reduced offtake by industrial units and coin makers. SBI, other banks may cut lending rates in new year At an Indian Banks’ Association meeting last week, chief executives of some large banks explored the possibility of a cut in interest rates on loans following discussions with the finance ministry, said banking sources. Rupee reverses early gains, slips by 2 paise vs dollar Paring its early gains, the rupee slipped by 2 paise to trade at 67.84 against US currency in late morning deals following bouts of fresh month-end dollar demand from banks and importers. Forex dealers said that the rupee is expected to trade sideways with negative bias in absence of any major cues. More Business News»

		Environment
		China detains 11 for dumping garbage in Yangtze river China has detained 11 people for dumping more than 2,900 tonnes of garbage into the Yangtze river in Jiangsu province, the official Xinhua news agency reported late on Sunday. The garbage was dumped earlier this month after two firms entrusted to dispose of household garbage subcontracted the work to third parties, Xinhua said. China encourages industries to protect environment China will encourage labour-intensive manufacturing industries located along the eastern coast to relocate inland, it said in a new 2016-2020 plan to develop the economy of its western regions. The country's cabinet, the State Council, approved the western development five-year plan on Friday, according to a notice published by China's official government website late on Sunday. China to levy new taxes in bid to strengthen fight against pollution China's largely rubber-stamp parliament passed a law on Sunday that will levy specific environmental protection taxes on industry for the first time from 2018, as part of a renewed focus on fighting the country's pollution woes. More Environment News»

		World
		3 Moscow railway stations evacuated after bomb threat Russia says focus not on terrorism in plane crash probe A pilot error or a technical fault is likely to be the cause of Sunday's plane crash over the Black Sea, the Russian transport minister said on Monday. All 84 passengers and 8 crew members on the Russian military's Tu-154 plane are believed to have died when it crashed two minutes after take off. Christmas typhoon kills 4, destroys homes in Philippines A powerful typhoon that spoiled Christmas Day in parts of the Philippines, leaving at least four people dead and destroying homes, roared over a congested region near Manila on Monday with slightly weaker but still-fierce winds, officials said. More World News»

		Science
		Cucumbers grown in space show how plants sense gravity Scientists have examined that cucumber seedlings germinated under microgravity conditions of the International Space Station (ISS), to understand how plants sense gravity and stimulate their own growth. Ammonia detected in Earth's troposphere for first time For the first time, researchers have discovered ammonia in the Earth's lowest atmospheric layer with highest emissions of the gas encountered in North India and Southeast China. Ammonia mainly originates from agricultural processes, in particular from life-stock farming and fertilisation. Now,wolverine-style self-healing, stretchable material Scientists have developed a transparent, self-healing, highly stretchable conductive material that can be electrically activated to power artificial muscles and used to improve batteries, electronic devices and robots. More Science News»

		Technology
		Two biggest 'enemies' of PM Modi's cashless economy push When it comes to cybercrime, India ranks 6th in the world. The incidence of cybercrime in the country has doubled in just one year. RJio's free services may end on Dec 31, here's why Bharti Airtel today moved telecom dispute tribunal TDSAT against TRAI allowing Mukesh Ambani-led Reliance Jio to continue free promotional offer beyond stipulated 90 days, charging the regulator of being a "mute spectator" to violations. Reliance Jio user base to shrink once services become paid: Fitch Ratings Riding on the free voice and data offers, Reliance Jio Infocomm's subscriber base may touch 100 million by March 2017 end said Nitin Soni, Director at Fitch Ratings. However, it may even shrink once the telecom operator starts charging its customers, he added. More Technology News»

		Education
		IIT-Kharagpur to slash fee hike by half Indian Institute of Technology-Kharagpur looked poised to slash the proposed hike in registration fees for MTech and PhD scholars by half following unprecedented protests at the institute for over a week. ​New IITs have better faculty-student ratio Despite their more comfortable situation at the moment, the newer IITs are not slackening pace. IITs seek review of fee concessions for special category students The cost incurred on such students is "adversely affecting the financial viability of the institutions and eroding their corpus funds", IITs said in a report. More Education News»

		Mumbai
		Maharashtra's order to release water for 2015 Kumbhmela was illegal: HC City top doctor collapses while practising for Mumbai marathon 'A statue is the best way to keep history alive' If people had worried about how much the Taj Mahal would cost, it would never have been built, says Ram Sutar, the 92-year-old Noida-based artist who, by 2018, is going to give the world its highest statue, that of the 17th century Maratha warrior king Shivaji. More Mumbai News»

		Delhi
		Cyber crime: Hurdles Delhi Police face Cybercrime is on the rise. Delhi Police, while registering cases for computer-related offences and for online posting of sexually offensive content, often finds itself hard-pressed to prove these crimes in court. Delhi: Trains, flights services affected due to fog As the dense fog continued to engulf northern India, several trains and flight services were affected on Monday morning. Soon, pay online for driving licence More Delhi News»

		Bangalore
		Advocate, worker die in accidents Two persons, including a daily wage worker taking his father to hospital, were killed in separate road accidents since Saturday. 'Mythology could also be used to interpret present-day politics' Mythology isn't about the past. Creative minds find mythical situations even in contemporary life. The search for such metaphors and parallels could perhaps be extended to modern-day politics where Parliament could be seen as Shakuntala's lost ring. President: Literature can usher in harmony Literature could be instrumental in bringing harmony among various languages in India, said President Pranab Mukherjee in Bengaluru on Sunday. ​ More Bangalore News»

		Hyderabad
		Shooting case of bank boss: Cops arrest 3, seize weapon Decades-old rusty pipelines to be replaced to check contamination No pregnancy care: Over 4% babies crippled in womb More Hyderabad News»

		Chennai
		Tsunami victims remembered across Tamil Nadu DMK demands reappointment of Stalin's PA as directed by Madras HC DMK treasurer M K Stalin on Monday asked Tamil Nadu assembly secretary A M P Jamaludeen to reappoint Adiseshan as his personal assistant, as directed by the Madras high court. Karunanidhi to preside over DMK general council meeting to be held on Jan 4 DMK's general council meeting will be held at its headquarters in Chennai on January 4, said a press release issued on Monday by party general secretary K Anbazhgan. DMK president M Karunanidhi will preside over the meeting. More Chennai News»

		Ahmedabad
		Gujarat has decided to make people addiction free: Vijay Rupani 200 families in two Gujarat villages dispose off their own excreta According to the Swachch Bharat Mission website, 87.41 per cent of households in Gujarat have been provided with toilets till now - around 200 families in Vejalpur and Thaltej are literally forced to carry their own excreta and dispose it off daily. 'Fully digital transactions at Jan Seva centres in a week' The district collector of Ahmedabad, Avantika Singh, on Sunday announced that all Jan Seva centres, which come under purview of the Ahmedabad collector, will be shift to cashless mode within a week. The announcement came in the wake of harassment being faced by people post demonetization. More Ahmedabad News»

		Allahabad
		Government begins process to give school bags Government can take shrine land for public use: High Court The Allahabad high court held on Friday that the government can acquire land where religious prayers are held and convert it for the "benefit of the public at large". Hectic buying for Christmas in market At a time when Allahabadies are making last minute preparations for making their Christmas celebrations special, markets of the Sangam city are buzzing with hectic activities. Among various items, Santa gown and accessories that goes with the dress, are the most sought item. More Allahabad News»

		Bhubaneswar
		One killed in Odisha road accident A woman was killed and over 10 injured when a bus collided with a truck in Odisha's Nayagarh district, said police on Monday. Dense fog to engulf state: IMD Parts of coastal Odisha will witness dense fog on Monday, according to a forecast by the IMD on Sunday. Prince charms capital city The dance group that was the toast of the nation after winning in a TV reality show, rocked the stage at the Patha Utsav, the weekly street festival here on Sunday. The Prince Dance Group weaved its magic regaling the weekend audience here. More Bhubaneswar News»

		Bhopal
		Bhopal: Section 144 clamped in Gormi after violence Prohibitory orders were clamped in Gormi of Bhind district after locals went on the rampage following recovery of a missing man's body. Gandhi Medical College alumni walk down the memory lane at 'Rubaru' The silver jubilee alumni meet of the 1991 MBBS batch from Gandhi Medical College (GMC), Bhopal, was organized on its campus on Saturday.Titled 'Rubaru,' function was organized to commemorate the occasion. Heritage enthusiasts get a peek into Bhopal's history Some 250 architecture students took part in a five-kilometre long heritage walk covering the state capital on Sunday. More Bhopal News»

		Chandigarh
		Foundation of Rs 600cr ethanol refinery laid With elections round the corner and the model code of conduct expected to be enforced soon, Punjab deputy CM and SAD president Sukhbir Badal and his Union minister wife, Harsimrat Kaur Badal, laid the foundation stone of a Rs 600-crore, seocnd-generation ethanol bio-refinery at Tarkhanwala village in Bathinda. After AAP, rebellions over candidature hit Congress, SAD After Aam Aadmi Party (AAP) had its share of problems when it announced its candidates Congress and Shiromani Akali Dal (SAD), too, are now facing rebellion at nearly half a dozen constituencies in the Malwa region of Punjab. AAP national executive member in Congress Former Aam Aadmi Party national executive member Yamini Gomar, who had quit the party nearly two weeks ago, joined the Congress on Sunday . Punjab Congress president Capt Amarinder Singh and party in charge of Punjab affairs Asha Kumari inducted her into the party. More Chandigarh News»

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