[wanabidii] News Digest: Markets cold to RBI rate cuts; Sensex, Nifty close in the red

		THE TIMES OF INDIA
		Wednesday, August 02, 2017
		Today's Headlines

		Business
		Markets cold to RBI rate cuts; Sensex, Nifty close in the red On Wednesday, the stock markets showed a sedate response to the RBI's (Reserve Bank of India) decision of reducing key interest rates. The 30-share BSE Sensex closed at 32,476.74, down by 98.43 points while the broader 50-share NSE Nifty lost 33.15 points to end trading at 10,081.50. Markets slip in the red ahead of RBI interest rate announcement The equity markets were trading on a sedate note on Wednesday afternoon as both the key indices- Sensex and Nifty had slipped into the red. At 1.05 pm, the 30-share BSE Sensex was at 32,525.84, down by 49.33 points while the broader 50-share NSE Nifty was down 21.95 points at 10,092.70. Rupee hits 2-year high, trades at highest level since August 2015 Fresh selling of American currency by banks and exporters amid expectation of 25 basis point rate cut by the Reserve Bank of India (RBI) later in the day further fuelled the local currency in the afternoon trade. More Business News»

		Environment
		Global warming reduces protein in key crops Health costs of pollution in India 8 times govt's fuel subsidy India spent $16.9 billion on oil, gas and coal subsidies in 2013 and 2014 but the health costs to meet the burden of air pollution-linked diseases was eight times more at $140.7 billion, says a report by an European environmental non-profit organisation. Panda at French zoo expecting twins French zoo officials were doubly delighted on Tuesday on learning that their pregnant panda is expecting not one but two cubs at the weekend. The impending birth will be the first of a panda in France. More Environment News»

		World
		North Korea's Kim a 'maniac': Philippines' Duterte "He is playing with dangerous toys and this crazy man, do not be fooled by his face, that chubby face that looks nice," Duterte, 72, Philippine President Rodrigo Duterte of Kim Jong-Un in a nationally televised speech. South Korea general and wife 'treated soldiers like slaves' A South Korean general and his wife treated soldiers like "slaves", forcing them to retrieve golf balls and pick up toenail clippings, a rights group alleged, prompting officials to launch a probe Wednesday. US seeks no regime change North Korea: Tillerson "We do not seek a regime change; we do not seek the collapse of the regime; we do not seek an accelerated reunification of the peninsula; we do not seek an excuse to send our military north of the 38th parallel," US secretary of state Rex Tillerson said. More World News»

		Science
		Sun's core rotates four times faster than its surface: Study Eminent scientist Dr Pushpa Mitra Bhargava is dead Dr PM Bhargava, the founder-director of Hyderabad-based Centre for Cellular and Molecular Biology (CCMB) died on Tuesday. He was 89. ​His interests and engagements covered science as well as art and culture and their relation to society. New tech can reverse ageing in human cells More Science News»

		Technology
		8 'rival features' you may want to ditch WhatsApp for Nextbit ends customer support for Robin cloud-first smartphone Earlier in January this year, Razer acquired Nexbit and later it stopped selling Nextbit Robin smartphones. H-1B visas: Cisco chairman John Chambers terms this as a mistake Cisco Chairman John Chambers today said firms taking Indians to the US for cost arbitrage displacing American workers was a "mistake" and it is important that jobs are created in both countries to ensure sustainable growth. More Technology News»

		Education
		Panel pulls up govt for failure to fill OBC jobs in univ faculties A parliamentary committee has slammed the government for high backlog in OBC vacancies in faculties in universities. Vacant seats at IITs touch a 4-year high 121 Spots At 23 Elite Institutes Go Unfilled Despite Seven Rounds Of Admission School teachers not to be given non-academic work: Javadekar More Education News»

		Mumbai
		Maharashtra opposition disrupts assembly; CM announces inquiry against IAS officer Following disruption of assembly proceedings by opposition members alleging corruption by senior IAS officer R Mopalwar, chief minister Devendra Fadnavis ordered an enquiry against the bureaucrat. Singer Yash Wadali booked for molestation 15 Somali pirates found guilty A special court on Tuesday convicted 15 Somali pirates, nabbed in 2011, and sentenced them to seven years in jail. The accused who have spent six and a half years in jail will be deported to their home country. They have been found guilty on charges of attempt to murder and kidnapping. More Mumbai News»

		Delhi
		Separated by fate, united by Aadhaar: How this mentally challenged teenager found his way back home Cargo terminal cordoned off at IGI airport after 'bomb' scare Minor fire at Sheila Dikshit's residence A minor fire broke out in the basement of the East Nizamuddin-based residence of former Delhi Chief Minister Sheila Dikshit in the central Delhi but no damage was reported, the city fire services said. More Delhi News»

		Bangalore
		Appaji Canteen opens in Bengaluru, steals Indira Canteen's thunder Thinking their way through new superstitions Modi govt using I-T dept for political conspiracies: Karnataka CM More Bangalore News»

		Hyderabad
		Motorcycle-borne youths stalk girls in Hyderabad The Cyberabad Police has registered a case against six youths for allegedly stalking two teenage girls travelling in an auto-rickshaw her. `Behtar India': Hyderabad students set up stalls to raise funds for a noble cause Unruly parking outside function halls leaves motorists fuming Haphazard parking in front of function halls has left motorists travelling along the ring road fuming. More Hyderabad News»

		Chennai
		Madras HC asks Centre to identify AIIMS site in Tamil Nadu before Dec 31 The division bench of justices K K Sasidharan and G R Swaminathan passed this order on a batch of two public interest litigations. Madras HC dismisses plea seeking parole for Rajiv Gandhi assassination case convict Ravichandran The Madurai bench of the Madras high court on Wednesday dismissed a plea seeking one-month ordinary leave for P Ravi alias Ravichandran, a life convict in the former Prime Minister Rajiv Gandhi assassination case. TN govt appoints new vigilance commissioner The Tamil Nadu government on Wednesday appointed senior bureaucrat V K Jeyakodi as vigilance commissioner. More Chennai News»

		Ahmedabad
		Gujarat floods: Permanent shifting being mulled Gujarat floods: Death toll rises to 224 Duty-paid gold imports in state fall to 14-month low Gold Flowing In From FTA Countries Due To Post-GST Loophole More Ahmedabad News»

		Allahabad
		Police yet to nab teacher attackers Police were still groping in the dark in connection with the case of a school vice-principal being shot at. Aarushi case reports: Explain contradictions, court tells CBI The court also directed CBI counsel Anurag Khanna to apprise it on the Internet router, which was open during the night of murder of Aarushi and Hemraj and fixed August 31 for further hearing. Hostages captured by dacoit Babuli Kol, rescued In a major breakthrough, joint teams of police, STF and RPF rescued two hostages from the clutches of dreaded bandit Babuli Kol near Tikariya forest under Markundi police station late on Monday night after an encounter. More Allahabad News»

		Bhubaneswar
		Heavy rainfall in the next 48 hours likely in Odisha Odisha is likely to experience heavy rainfall besides thunderstorm with lightning in the next 48 hours, Indian Meteorological Department (IMD) said. "Heavy rainfall, thunderstorm with lightning is likely to occur in one or two places in north Odisha during the next 48 hours," the IMD bulletin said. BJP Youth wing on warpath for relocation of liquor outlet in Puri Toilet Ek Prem Katha actors all praise for sand artist Sudarsan Pattnaik More Bhubaneswar News»

		Bhopal
		Madhya Pradesh EC orders to display criminal records of candidates at poll booths Madhya Pradesh state election commission has decided to display the criminal records — including assets and liabilities — of candidates contesting for the upcoming elections for 37 civic bodies in 15 districts and panchayats in 51 districts through EVMs on August 11, by putting up flex hoardings outside polling stations. MP is the second state to do so after Maharashtra. Cow vigilantes thrash villagers After a video of cow vigilante thrashing four men allegedly involved in smuggling of cattle went viral on social media on Tuesday, police have started investigation to verify the incident that took place at Dulharia village of Betul district on July 20. The village is located on border of MP and Maharashtra, about 300 kms from Bhopal. Farmers to protest again from August 16 Feeling let down, farmers in Madhya Pradesh will again take to streets and resort to strike from August 16. Bharatiya Kisan Union (BKU), which spearheaded the agitation leading to death of six farmers in police firing in Mandsaur on June 7, said the government has failed to fulfil any of its promise – including waiving off loans and ensuring 50% profit over input cost to the farmers. More Bhopal News»

		Chandigarh
		Civic body likely to monitor projects through phones In Chandigarh, solar power seeds not for farm soil Jalandhar chief agriculture officer dismissed Jalandhar chief agriculture officer (CAO) Jugraj Singh was dismissed from service on Tuesday, after videos of him demanding bribe from a shopkeeper went viral on social media. More Chandigarh News»

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