[wanabidii] News Digest: RBI slaps Rs 1 crore penalty on Union Bank for KYC non-compliance

		THE TIMES OF INDIA
		Monday, July 31, 2017
		Today's Headlines

		Business
		RBI slaps Rs 1 crore penalty on Union Bank for KYC non-compliance The central bank said it had examined the documents regarding the complaint and notice was issued to the state- owned lender. The bank was asked to show cause "as to why penalty should not be imposed" for non-compliance with directions issued by the RBI. Sensex, Nifty rise sharply, close above psychological marks The 30-share BSE Sensex surged 205.06 points to close at 32,514.94 while the broader 50-share NSE Nifty gained 62.60 points to end at 10,077.10. Thus, both Sensex and Nifty managed to stay above the psychological marks of 32,500 and 10,050 respectively. Infosys stresses upon investing heavily in Europe, hiring locals "We are continuing to invest fairly heavily in Europe in terms of local hiring, in terms of beefing up our hunting and our farming teams for our accounts," Infosys President and Head (Financial Services) Mohit Joshi said on an investor call. More Business News»

		Environment
		Centre launches sanitation survey for 2018 Tiger population facing threats from deadly snare traps Tigers in Asian forests face a greater threat from deadly snare traps than guns, wildlife conservation organisations have warned, urging authorities to crack down on the "severe snaring crisis" in forests across the continent. Pollution clouds Gambia's efforts to woo China The Gambia in West Africa is courting Beijing's attention after re-establishing diplomatic relations last year, but villagers and activists say Chinese investment is a double-edged sword as they fight a firm accused of dumping waste. More Environment News»

		World
		China tells Trump not to link trade to North Korea "We believe that the North Korea nuclear issue and China-US trade are two issues that are in two completely different domains," vice minister of commerce Qian Keming said on Monday. Blasts, gunfire rock Afghan capital Kabul At least four explosions, along with the sounds of gunfire and grenades, were heard by residents near Iraqi embassy in Kabul. The attack is the latest to rock Kabul, and comes as the resurgent Taliban ramp up their offensive across the country during the warmer weather fighting season. Pak interim PM nominee facing Rs 220bn graft inquiry The ruling PML-N party's interim prime minister nominee Shahid Khaqan Abbasi is facing a Rs 220 billion corruption inquiry by Pakistan's National Accountability Bureau over an LNG contract, according to a media report. More World News»

		Science
		There could be alien life on Titan: Study The Cornell University research provided the first indisputable evidence of the presence of a molecule - acrylonitrile - on Titan, which researchers theorized could be key to life on the methane-based, oxygen-free moon of Saturn. Isro sows seeds of future interstellar missions Indian Space Research Organisation (Isro) became part of a global project that will help bring star travel closer to reality, when its PSLV C38 rocket launched six prototypes of tiny interstellar spacecraft, or sprites, into low-earth orbit on June 23 this year. Artificial insemination ups chance of successful pregnancy by 22% A study indicated that artificial insemination, also known as intrauterine insemination (IUI), raises a couple's likelihood of have a successful pregnancy from nine to 31 percent, if they have been trying to conceive for three months. More Science News»

		Technology
		Nokia 3 price leaked ahead of official launch HMD Global is all geared up to launch its latest Nokia branded Android smartphone – Nokia 8 on August 16. OnePlus 5 users facing battery issues after emergency call bug fix A few OnePlus 5 users have complained about battery issues after an OTA update. Snapdeal to announce huge job cuts, to slash 80% workforce E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda to cut down 80 percent of its employee strength. More Technology News»

		Education
		Soon, a demat account for your education certificates In a revolutionary move that will benefit students, recruiters and educational institutions, an arm of depository services provider National Securities Depository Limited (NSDL) has started the process of dematerialising education certificates. Nalanda University VC calls for development of villages An inclusive growth is possible only when the country's villages are developed, said the VC of the Bihar- based Nalanda university, Vijay Bhatkar. Research no longer must for promotion of college professors, HRD minister Prakash Javadekar says More Education News»

		Mumbai
		Plot owners also liable under RERA: Maharashtra tells HC State govt on Monday told Bombay High Court that plot owners are covered by the definition of a promoter under Real Estate (Regulation and Development ) Act if they take part in the construction and also in the sale of flats. Bombay HC: Rera applicability to be restated; Centre, state to file reply Mumbai: Rs 20 crore plan to make Versova beach into Miami More Mumbai News»

		Delhi
		Delhi court summons Ola, Uber as accused A Delhi court today summoned as accused app-based cab service providers, including Ola and Uber, for allegedly violating permit rules. Soon, travel from Delhi to Chandigarh in two hours The Delhi-Chandigarh corridor, one of the busiest routes in north India, is slated to be first semi-high speed project being taken up by the state-owned transporter to run trains at maximum speeds of 200 kmph with French help. Fire breaks out in Shastri Bhawan, none injured A fire on Monday broke out in Shastri Bhawan in central Delhi after a short circuit in an air conditioner, police said. More Delhi News»

		Bangalore
		Six boys assault girl, cops took 10 days to file FIR Rare cheer for tomato farmers in Karnataka but slump in yield a worry Truckloads of tomatoes dumped on the Bengaluru-Kolar highway: that's the scene farmers in Kolar are used to, reeling under losses due to low prices in the market and lack of a minimum support price. Coastal authority seeks action against ex-DG HNS Rao's wife Property matter More Bangalore News»

		Hyderabad
		Pawan Kalyan appointed as 'Jeevan Dhaan' brand ambassador Police constable, 5 others held for rioting near MIM headquarters Habeebnagar police have arrested six persons, including a reserve police constable and a railway employee in connection with a rioting case near Majlis-e-Ithehad-ul-Muslimeen (MIM) party headquarters at Darussalam. 14,000 cases pending with Telangana info panel There are 14,000 cases pending with the state information commission.This, acitivists feel, is partly because AP and Telangana do not have chief information and information commissioners. More Hyderabad News»

		Chennai
		Visitors not allowed to take photos inside Abdul Kalam's memorial in Rameswaram People who visited former President APJ Abdul Kalam’s memorial at Peikarumbu in Rameswaram on Monday were not allowed to take photographs or selfies inside the structure. 85% reservation in medical admission: Madras HC dismisses TN govt's appeal As a setback to the Tamil Nadu government which is exploiting all the available avenues to do away with NEET for its students, the Madras high court on Monday dismissed an appeal moved by the state assailing a single judge order quashing 85% reservation provided in the government quota of UG medical seats to students from state board. No AIADMK unification unless Panneerselvam is made party chief, OPS faction says The OPS faction -- AIADMK (Puratchi Thalaivi Amma) -- says it is ready to force an election to prove its strength within the party and support of the people. More Chennai News»

		Ahmedabad
		Teenager from Patan with multiple fractures rescued A quick mid-air decision by the pilots of the Indian Air Force (IAF) helped rescue a 17-year-old boy with multiple fractures in flood-ravaged Patan district on Saturday evening. Flood death toll mounts to 186; Gujarat CM to camp in Banaskantha for five days Death toll in the devastating floods that ravaged north Gujarat districts of Banaskantha and Patan has risen to 186. Chief minister Vijay Rupani has said that this is the worst flood of the century in Banaskantha. Rupani would be camping in the district for next five days to oversee relief and rehabilitation work. Joyride turns deadly for two in Vastrapur Early on Sunday morning, two friends on a joyride lost control over their SUV near Vastrapur lake and the vehicle somersaulted, after skidding at high speed. More Ahmedabad News»

		Allahabad
		School vice principal shot at in Allahabad Two unidentified bike-borne armed assailants shot at a vice principal of a private school near Sanjiwani hospital under Kydganj police station here on Monday morning. Late registration to earn principals UP Board's ire There is some bad news for those school principals who were thinking of putting away online registration for board examinations to the last minute. Allahabad University VC nominated as Aliah University's Executive Council member Vice Chancellor of Allahabad University, Prof Rattan Lal Hangloo has been nominated by the Government of West Bengal and Chancellor of Aliah University as a member of the Executive Council of Aliah University Kolkata. More Allahabad News»

		Bhubaneswar
		Vimsar PG students cease work, seek director's removal Postgraduate students of the government-run Veer Surendra Sai Institute of Medical Sciences and Research (Vimsar) in Sambalpur launched an indefinite cease-work on Sunday in protest against director Aswini Pujahari's 'high-handedness'. Love turns sour, man's kin thrashed It is straight out of a Bollywood potboiler.There was love, drama, conspiracy and then tragedy. Another child branded to cure wound A 25-day-old male Juang child was seriously hurt and admitted in the Keonjhar district headquarters hospital on Saturday night after being branded with a hot coconut by his family. More Bhubaneswar News»

		Bhopal
		Dacoit's parents 'abducted' in tit-for-tat kidnap In Idgah Hills, count potholes, find coins & get rewarded too! Number of foreign tourists in MP dip by 15%, Khajuraho gets 25% footfall More Bhopal News»

		Chandigarh
		Seven die in collision between jeep and truck Seven persons were killed and 14 others injured in a head-on collision between a pick-up jeep and a truck on Meerut road in Haryana's Karnal district on Monday, police said. Soon, travel from Delhi to Chandigarh in two hours The Delhi-Chandigarh corridor, one of the busiest routes in north India, is slated to be first semi-high speed project being taken up by the state-owned transporter to run trains at maximum speeds of 200 kmph with French help. 'Fair immigration rules must to draw talent' UK MP Tanmanjeet Singh Dhesi speaks to IP Singh about Op Bluestar, his party's agenda on his India visit More Chandigarh News»

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