[wanabidii] News Digest: Mutual Fund industry bets big on SIP investments to grow

Sunday, February 19, 2017

Today's Headlines

Mutual Fund industry bets big on SIP investments to grow
Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year.

Capgemini India chief says 65% of IT employees not retrainable
Capgemini India's chief also flagged concerns surrounding the quality of IT workforce, saying much of the 3.9 million IT employees come from low-grade engineering colleges which do not follow rigorous grading patterns for students in their zeal to maintain good records.

Now, IndiGo Airbus 320 Neo faces engine snag

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Environment

World's oldest seabird hatches new chick at Midway Atoll

Ganga pollution: NGT mulls CBI inquiry

Pollution caused over one million premature births in India
Expectant mothers breathing polluted air resulted in premature birth of over one million babies in India in 2010, highest in the world and twice the numbers for China, a study claimed on Thursday.

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World

Putin critic leaves Russia for treatment after 'poisoning'
Kara-Murza, 35, previously experienced sharp deterioration of health due to poisoning two years ago, which included kidney failure and nearly killed him. Kara-Murza was an ally of the late opposition politician Boris Nemtsov, who was shot dead close to the Kremlin in February 2015.

Iran main sponsor of global terror: Saudi foreign minister
Al-Jubeir said Iran was propping up the government of Syrian President Bashar al-Assad, funding the Houthi separatists in Yemen and violent groups across the region.

Iran dismisses new US pressure, calls for 'mutual respect'
President Donald Trump has repeatedly criticized the 2015 nuclear agreement between Iran, the U.S. and five other world powers, under which Tehran agreed to curb its uranium enrichment in exchange for the lifting of international sanctions, but hasn't said what he plans to do about it.

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Science

Outer space particles wreaking havoc on your gadgets: Study
Operational failures in electronic gadgets may be caused by the impact of electrically charged particles generated by cosmic rays that originate outside the solar system, scientists say.

India may meet its energy needs from moon by 2030
India may be able to meet all its energy requirements from resources on the moon by 2030, a scientist associated with the ISRO said on Saturday.

SpaceX aborts launch after 'odd' rocket engine behavior
SpaceX aborted its planned Dragon cargo launch to the International Space Station just seconds before liftoff Saturday due to a "slightly odd" technical issue with the Falcon 9 rocket engine.

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Technology

Snapchat's next device may be a phone: Report
The device might also inlcude a lock screen that allows users to easily swipe for notifications & updates.

Here's how the arrest of Samsung's chief may affect the company
South Korea was taken by surprise with the arrest of the scion of the country's richest family and de-facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and riveted the nation.

H1-B Visa: There's bigger problem for Indian IT companies than Donald Trump
Automation and the new US administration were the big unknowns at the Indian tech sector's annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market.

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Education

By next year, centralised admissions for nursery

US university receives $1.5 million grant for Jainism studies
An Indian-origin philanthropist in the US has made a grant of $1.5 million to a prestigious American University to advance studies in Jainism.

University of South Florida extends deadline for masters and PhD program
In response to recent concerns among international students planning to study in the US, the University of South Florida (USF) in Tampa has extended its deadline for applications to masters and PhD programs for fall 2017 from February 15 to June 1, 2017.

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Mumbai

2 held for Congress corporator's murder
The police have arrested two persons in connection with the murder of Congress corporator Manoj Mahatre from Bhiwandi.

4 killed, 2 injured in Bhiwandi factory fire
Four people died and two persons were injured in a major fire that took place in a factory in Bhiwandi on Sunday afternoon.

Trains will not halt at 4 stations during CR megablock

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Delhi

Woman allegedly raped near Hauz Khas Village in Delhi

Best-selling Hindi pulp novelist dies

'Allergic rhinitis: Homeopathy can help'
Does homeopathy help alleviate symptoms in allergic rhinitis (AR), a common allergy? After denouncing any such suggestion for years, medical researchers seem to be positively inclined towards the claims. In a recent study published in The Journal of Alternative and Complementary Medicine (TJACM), researchers from India and abroad have conceded that homeopathic treatment may have small beneficial effects on the nasal and ocular symptoms of AR.

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Bangalore

Congress, BJP flood investigating agencies with complaints against one another
The cash-for-high-command scandal seems to have turned into a nightmare for investigating agencies in Karnataka. Both the Congress and the BJP have been approaching one agency or the other to lodge complaints against one another.

Central scheme: Karnataka takes lead as more farmers opt for crop insurance
Despite being a Congress ruled state, Karnataka has taken the lead in the successful implementation of the Narendra Modi government's flagship crop insurance scheme. The Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched last year amid much fanfare.

Tied and tested: BDSM community rises in Bengaluru
Known as “munches” within the community, it is a meeting usually organised at a pub or a restaurant as announced on their online forum where members meet and discuss their kink, and regular, lives. The latest one was held near Jayanagar on December 26 had about 25 people in attendance.

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Hyderabad

Deputy CM Mohammed Mahmood Ali asks Centre to raise Haj quota
Deputy chief minister, Mohammed Mahmood Ali, on Saturday, appealed to the Central government to increase Telangana's Haj quota by at least 5,000 to accommodate pilgrims from both reserved and unreserved categories.

Document hurdle for Shaadi Mubarak
Several Shaadi Mubarak scheme applicants have been facing hurdles on account of stipulations from the revenue officials who are in charge of verification of various applications.

Government nod: Old City to get two degree colleges
In a significant boost to higher education in Old City, the state government has given its approval for setting up two new government degree colleges there from the ensuing academic year, 2017-18.

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Chennai

Getting threat calls for supporting Palaniswami, alleges AIADMK MLA
The AIADMK MLA claimed that some people belonging to the DMK in the guise of public abused him and his mother. His wife was also receiving such threatening calls. The MLA said he voted for Palanisamy to continue the 'good governance provided by late chief minister Jayalalithaa'.

Stalin takes battle to street, attempts hunger strike, held
M K Stalin and his partymen were arrested from the Gandhi statue on the Marina Beach after they attempted to stage a hunger strike protesting against the turn of events at the state assembly on Saturday .They were released at 9.45 pm.

OPS: People will decide if EPS trust vote win was valid
Former Tamil Nadu chief minister O Panneerselvam on Saturday said people will decide whether passage of the Edappadi K Palaniswami government's confidence motion in the assembly was valid or not, and said, “Dharma will win.“

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Ahmedabad

Friendly postman also delivers e-memos
Using the services of the postman who knows your neighbourhood well to go od use, the traffic police has eased the burden of its personnel while at the same time making delivery of e-challans faster.

Disability chief discusses key issues with chief secretary J N Singh
Dr Kamlesh Kumar Pandey, chief commissioner for persons with disabilities (CCPD) of Government of India concluded his two-day visit to Gujarat on Saturday with meeting with state’s chief secretary J N Singh.

Proving a disproportionate assets case always a challenge
Proving a disproportionate assets (DA) case is always a challenge for the investigating agencies, be it Central Bureau of Investigation (CBI) or state-based Anti-Corruption Bureau (ACB).

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Allahabad

Rahul, Akhilesh love each others' company: Smriti Irani
Taking a dig at the law and order situation in UP under Akhilesh Yadav government, Irani said, "The Supreme Court had to intervene and ask the state government to register a case against a leader of the ruling party who had not only raped a woman for two years, but had also started physically harassing the woman’s daughter."

Samajwadi Party at a crossroads in Yadav heartland
The residents of Auraiya (Reserved) and Bidhuna assembly seats are quite upset about the lack of infrastructure and development in their areas.

Akhilesh, Modi joined hands before polls, says Mayawati
Mayawati said that 'nephew' (Akhilesh) had already joined hand with ‘uncle' Narendra Modi much before elections during the latter's visit to Saifai to attend the wedding rituals of Mulayam's grandson.

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Bhubaneswar

Panchayat polls 2017: Election panel wants re-poll in 10 booths
The State Election Commission (SEC) on Saturday ordered fresh polls in 10 booths due to violence that took place during the third-phase of the three-tier panchayat polls on February 17.

'Arrogance behind BJD poor show'
Amid allegations and introspection, MLA Amar Prasad Satpathy on Saturday blamed the arrogance of many of his party colleagues behind the BJD's below par performance in the ongoing panchayat election.

Three arrested for looting ballot boxes
Three persons, including the husband of newly elected samiti member of a panchayat in Nayagarh district's Dasapalla block, were on Saturday arrested for allegedly looting a ballot box and setting it on fire it during the panchayat election on Friday.

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Bhopal

Sack 'corrupt' IHM principal: National Students' Union of India
Members of the city unit of National Students’ Union of India (NSUI) burnt the effigy of the principal of Institute of Hotel Management (IHM) and demanded that he be sacked, to protest against alleged irregularities committed by him, on Saturday.

Joint parliamentary groups on sustainable development goals likely
The summit discussed to form a joint parliamentary groups for achieving sustainable development goals (SDGs). The presiding officers discussed the issue of regional cooperation and resources for SDGs.

Sumitra Mahajan hardsells Indore to South Asian delegates
Lok Sabha Speaker Sumitra Mahajan on Saturday claimed that people of Indore have elected her eight times as they probably believe that a woman can govern better.

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Chandigarh

Big rush likely, general traffic to Jassia diverted

Rural Olympics misses its main attraction -- bulls

Snapshots of the world from the eyes of a child

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