[wanabidii] News Digest: FII inflows hit US$ 20 billion mark in first half of 2014

		THE TIMES OF INDIA
		Sunday, July 06, 2014
		Today's Headlines

		Business
		FII inflows hit US$ 20 billion mark in first half of 2014 Overseas investors have pumped in a staggering over US$ 20 billion into the Indian market in the first half of the year, mainly on hopes of a stable and reform-oriented government at the Centre. Finance ministry may ease transfer pricing norms In order to encourage foreign investment, the finance ministry is likely to introduce safe harbour rules for transfer pricing of capital transactions which will bring about certainty in taxation of such deals. Working on strong pipeline of products: Tata Motors Tata Motors is working on a strong pipeline of products for the domestic market keeping in view changing customer needs to make the company more profitable over the years, chairman Cyrus P Mistry has said. More Business News»

		Environment
		Climate change may turn fish friendless Rising carbon dioxide levels worldwide could lead fish to lose their ability to recognise each other and make them "friendless" wanderers who will hang out with just about anybody, a new research suggests. UK to help India reduce emission without affecting growth The UK government will share new technologies in clean and renewable energy to help India in addressing climate change in a way that its growth will not be affected, a British minister said. Whales are engineers of ocean ecosystems: Experts Whales have a powerful and positive influence on the function of oceans, global carbon storage, and the health of commercial fisheries, a new study suggests. More Environment News»

		World
		Death toll in coastal Kenya attacks jumps to 29 Gunmen killed at least 29 people in two separate attacks in coastal Kenya overnight, the interior ministry said on Sunday. ​Afghanistan rejects Facebook ban as election tensions rise The Afghan government on Sunday rejected a proposal to ban Facebook during an ongoing deadlock over the presidential election, despite fears that social media postings have fanned ethnic hatred. Israel PM warns cabinet to 'act responsibly' over Gaza Israeli Prime Minister Benjamin Netanyahu urged his cabinet on Sunday to keep a cool head about how to handle growing tensions in and around the Gaza Strip. More World News»

		Science
		19,000 protein-producing genes in humans: Study In a new research, scientists have found the number of protein generating genes in humans to be 19,000 - 1,700 fewer than the most recent annotation and well below the initial estimations of 100,000 genes. British engineer building rocket to 'revolutionize' space travel The Synergetic Air-Breathing Rocket Engine (Sabre) isn't a product of Nasa or a super-wealthy space entrepreneur. It's the brainchild of a quiet, British engineer called Alan Bond. Eye transplant: PDEK technique is gaining popularity, expert says While whole eye transplants carry the risk of infection and rejection, the Pre-Descemet Endothelial Keratoplasty (PDEK) technique is rapidly gaining popularity, according to Dr Amar Agarwal of Agarwal Eye Hospital. More Science News»

		Technology
		iWatch coming? Apple poaches Tag Heuer senior VP Apple has poached a senior executive from Swiss luxury watch brand Tag Heuer, which could be to help it with the launch of its iWatch expected this autumn. 7 Android KitKat smartphones under Rs 7,000 Here are seven phones you can get in sub-Rs 7,000 range that run on Android KitKat. Social media, strictly for adults Pornography now comes formatted like social media sites with options to 'like', 'follow' and 'share' explicit content from 'friends'. More Technology News»

		Education
		Pepsico CEO gives orientation to 17th batch of IIM-Indore Giving 10-point success mantra to the 17th batch that recently joined the premier Indian Institute of Management, Indore (IIM-I), CEO of Pepsico India D Sivakumar congratulated the newly admitted batch and encouraged them to become global managers. Seat in IIT? No thanks, say some students The Indian Institutes of Technology are the country's premier technical schools, the only ones to make it to the top 300 in global university rankings and the No.1 destination for engineering aspirants. 75% of enginnering seats in counseling alloted for core courses Mechanical engineering has been allotted 39,000 seats, while 38,000 seats have been allotted for ECE. More Education News»

		Mumbai
		Navi Mumbai Metro misses deadline, may start operations by 2017 The first phase of the ambitious 23.4-km Belapur CBD to Khandeshwar Metro project in the neighbouring Navi Mumbai is now expected to begin operations only by 2017 after missing the original deadline of 2014. Pancholis file Rs 100 crore defamation suit against Jiah's mother Actor couple Aditya Pancholi and Zarina Wahab, whose son Suraj is facing charges of abetting the suicide of actress Jiah Khan, have filed a Rs 100 crore defamation suit in the Bombay High Court against Rabia Khan, the mother of the deceased. Signal snag disrupts Western Railway, Harbour services Services on Western Railway as well as that of Harbour line on Central Railway were disrupted around noon on Saturday following signal failure near Andheri on all the six lines. More Mumbai News»

		Delhi
		Firing outside Israeli establishment in south Delhi's Vasant Vihar Unidentified men in an Innova SUV fired outside a house where some Israelis have been living in Vasant Vihar area of south Delhi last night. Friend kicks dog, teenager thrashed In another case of assault over a trivial matter, an 18-year-old youth was allegedly beaten up in north Delhi's Burari area for trying to intervene during an argument between his friend and a neighbour. Plan for open jail in Dwarka revived A proposal to set up Delhi's first 'Open Jail' at Baprola in Dwarka, which has been gathering dust for over a decade, is now back on the table with the concept being discussed at a top-level meeting attended by the chief secretary recently. More Delhi News»

		Bangalore
		Rowdy leader? CCTV clips show MLA slapping wife and niece Both Kashappanavar and Gowda were wearing full-sleeve white shirts and are clearly seen in the CCTV footages. Rooftop chase leaves constable critical The constable, attached to Rajagopalanagar police station in North Bangalore, was rushed to Nimhans where he was operated on, and is still in a critical condition. Former Karnataka CM HD Kumaraswamy caught on tape asking for bribe In the 35-minute audio CD, JD(S) leader HD Kumaraswamy is seen demanding Rs 20 crore from a person to give away his party’s seat for the Upper House. More Bangalore News»

		Hyderabad
		Audio function of Lovers at Jayabheri Hall in Hyderabad Audio function of Lovers at Jayabheri Hall in Hyderabad Andhra reorganization bill poised to be passed despite TRS, BJD opposition The first bill that the Modi government has lined up in Lok Sabha is the Andhra Pradesh reorganization ordinance that it expects will be passed despite the opposition of the Telangana Rashtra Samithi and BJD. Secundarabad Club may go dry very soon The elite Secunderabad Club is heading for dry days as the Secunderabad Cantonment Board (SCB) has refused to give permission to serve liquor to its patrons. More Hyderabad News»

		Chennai
		Chennai building collapse: Consortium of banks should be formed to recover loans, experts say Lawyers also insist that with the collapse of under-construction buildings every now and then across the country, builders should make it a point to take some form of property insurance for under construction projects. Sri Lankan navy apprehends 20 Tamil Nadu fishermen Twenty fishermen on four boats from Rameswaram and Mandapam in Tamil Nadu were apprehended by the Sri Lankan navy while they were fishing in the Palk Strait on Saturday night. Chennai building collapse: Tamil Nadu govt forms special investigation team In a statement, Tamil Nadu chief minister J Jayalalithaa said the SIT would be monitored by the Chennai police commissioner and headed by a joint commissioner. More Chennai News»

		Ahmedabad
		Cut! Flashback to low tech or pay up American filmmaker Quentin Tarantino expressed his reservations against the digital projection of films during the Cannes Film Festival recently, terming it television in cinema. Engineering college no longer the top choice According to experts, instead of picking a low priority branch of engineering education, students now prefer Bachelor of Science courses. Realty slump forces builders to look outside state Low profit margin and a saturated market in Ahmedabad and better opportunities in other cities are pushing the real estate companies in the city to look outside Gujarat. More Ahmedabad News»

		Allahabad
		Now, tattoos, jewellery dazzle teeth Call it an innovative dentistry idea or a fashion gimmick, dental tattoos and jewellery seem to have captured the imagination of youngsters in Sangam city. Many areas waterlogged after first showers The first monsoon showers gave relief to the citizens from the sultry weather conditions. Understaffed cops in UP look for numbers The UP Police are understaffed and ill-equipped.Around 56% posts in country's largest police force are lying vacant. More Allahabad News»

		Bhubaneswar
		Diploma students fear losing a year Spectre of an uncertain future haunts final year diploma students of different engineering schools. Monumental neglect miffs historians Academics and historians on Saturday expressed anguish over neglect of government in protecting and preserving rich monuments and historically-important sites in Ganjam district. Four arrested for rape, abduction At least four persons were arrested on Saturday from different places in Ganjam and Kandhamal districts on charges of abducting and raping girls. More Bhubaneswar News»

		Bhopal
		Curfew continues in riot-torn Raisen Indefinite curfew remained in force for the second day on Saturday in riot-torn Raisen district where clashes between two communities on Friday left 17 people injured. Kid's body exhumed for post mortem Body of two-and-half-year-old kid, Atishay Jain, who was found dead in his father's car outside his shop in New Market on Thursday, was exhumed for post mortem on Saturday. Duper conned out of Rs 8.5 lakh, four nabbed A man was conned out of Rs 8.50 lakh by five people, including a woman by promising to double his money. More Bhopal News»

		Chandigarh
		AAP infighting: Punjab 'disciplinary committee' issues notice to Faridkot MP It is the second time this month when infighting in AAP is spilling over into the public domain, that too after senior party leaders Manish Sisodia and Jarnail Singh visited the state in a bid to control the infighting. Jittery Cong puts ticket aspirants to test Known for frequent intra-party bickering, especially during election season, the Haryana Congress has devised a formula to put a check on rebellion by its members, especially those who are denied tickets, during the forthcoming assembly polls. MCI stand on add'l seats foxes MBBS aspirants Most students from Punjab who cleared the All India Pre-Medical Test (APIMT) are in a dilemma. More Chandigarh News»

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