[wanabidii] News Digest: Rupee recoups 14 paise in early trade

Thursday, May 11, 2017

Today's Headlines

Rupee recoups 14 paise in early trade
The rupee made a comeback by recovering 14 paise to 64.49 against the dollar at the Interbank Foreign Exchange after fresh selling of the US currency by exporters amid foreign fund inflows and a higher opening in the domestic equities market.

Bad loan ordinance to improve transparency: SBI chief
India’s largest lender had lobbied to involve government agencies in dealing with bad loans. “People having to take difficult decisions can now feel they are doing it in the proper way, with a transparent process,” said Arundhati Bhattacharya, chairman, State Bank of India.

Bharti seeks tax relief, deferred pay to fight Jio
It is seeking relief in terms of lower taxes and deferred payment for spectrum purchase. The appeal comes at a time when the company has reported a second successive quarter of profit decline and has seen lower realisations from both voice and data operations — a fallout of competition from Jio.

More Business News»

Environment

G7 seen urging Trump to stick with climate pact at summit

China's President Xi says to uphold global climate deal

Antarctic ice sheet stable since warmer times: Study

More Environment News»

World

I've come to terms with my sacking: Comey to FBI agents
Amid a raging political storm over his abrupt dismissal, FBI chief James Comey on Thursday told his colleagues that the US President had the right to sack him for any reason "or for no reason at all" and that he had come to terms with it.

New South Korean president talks to China, Japan leaders
South Korea's new president Moon Jae-In spoke to the leaders of China and Japan on Thursday, hours after a telephone call with his US counterpart Donald Trump, officials said, as he began shaping his approach to the nuclear-armed North.

Donald Trump: Different strokes

More World News»

Science

Indian population originated in three migration waves: Study
The Indian subcontinent harbours huge genetic diversity. Researchers found that the earliest populations were hunter-gatherers who arrived from Africa more than 50,000 years ago. Further waves of settlement came from the direction of Iran, after the last Ice Age ended 10-20,000 years ago.

China races ahead in plane game too
According to the feasibility study, India will need at least 150-200 aircraft for civilian use in the next 5-10 years, while Regional Transport Aircraft can also replace the ageing AN-32 fleet of the defence forces, which means an additional 70-80 planes.

Exhibition on wheels: Science Express to cover around 70 stations across India

More Science News»

Technology

Here's what is behind the string of layoffs at IT companies
With deceleration in revenue and hazy demand outlook, top IT companies will try hard to guard profitability.Improving the proportion of fixed cost projects in revenue, making hiring decisions more dynamic and keeping check on operating costs are some of the initiatives taken by IT exporters to retain operating margins within a permissible band.

Social groups at IT companies buzz with layoffs and cost-cutting chatter
The job cuts are also affecting mid-to-senior employees who are at the centre of the reskilling and restructuring conversations happening across the sector

IBM to enhance BSE's cyber security
At a time when critical financial services firms across the globe are facing cyber security threats almost on a daily basis, Bombay Stock Exchange (BSE) and global technology major IBM have signed a multimillion dollar agreement to boost the bourse's IT security.

More Technology News»

Education

MPBSE HSC Class 10 exams 2017 results to be announced on May 12
The Madhya Pradesh Board of Secondary Education (MPBSE) exam result for MPBSE HSC Class 10 will be announced on May 12. The result is expected to be announced at 9.30am.

Publish physical education book: CBSE to NCERT
A Class XII textbook "Health and Physical Education" by a private publisher triggered an uproar last month for defining the perfect female body in the "36-24-36" shape while the revised edition said that the "hourglass shape of females is considered the best".

CBSE may be told to stop book printing
According to MHRD sources, there has been complaints against quality of books published by CBSE as well as their availability.

More Education News»

Mumbai

Fire accident in Andheri's Versova area

Boney Kapoor wins 7-year-long case in Allahabad High Court; plans Wanted sequel
In 2009, a local court in Meerut booked producer-director Boney Kapoor, his wife Sridevi, filmmaker Prabudheva and actor Salman Khan in a case of alleged copyright infringement and plagiarism for their action-drama, Wanted.

Top chain snatcher is a Mama's boy
Naasir Khan, arrested from Delhi recently, was working for his mother-in-law, known in crime circles as Mama, who runs a chain-snatching network in the country.

More Mumbai News»

Delhi

ACB records Kapil Mishra's statement in tanker scam
The sacked Delhi minister Kapil Mishra arrived at the ACB office at noon to record his statement and his examination is currently underway. He has alleged that the investigation into the tanker scam was repeatedly delayed and influenced by Kejriwal and "his two men".

3 kids lost at Metro stations, reunited with kin

Winds, rain bring in some respite

More Delhi News»

Bangalore

After meet, KC Venugopal says decision on KPCC chief soon

Bengaluru landlords have a new demand: Aadhaar
The unwritten Aadhaar rule has taken several tenants by surprise. Avinash Naik, a techie, said, “Landlords have always insisted on an ID proof before renting out houses. These days Aadhaar is a must for everything from LPG to power bill, but that is because they need our address proof."

Bannerghatta spots a business opportunity in leopard safari
New safari perimeter will be accommodated between bear and lion safari areas and will be spread across 20 acres. Bannerghatta Biological Park currently has 33 leopards, all housed at the rehabilitation centre for rescued tigers and lions.

More Bangalore News»

Hyderabad

Andhra Pradesh, Telangana ink transportation pact

Ramzan coordination meeting hangs fire

Court rules out VAT on Paradise equity transfer

More Hyderabad News»

Chennai

20-year-old student found dead in university hostel in Vellore
A second year mechanical engineering student of VIT University at Katpadi near here was found dead at his hostel room on Thursday. Nallam Sathya Basker Santhosh, son of N V Rama Rao, was a native of Jamshedpur in Jharkhand state.

Now, travel from Nehru Park to airport at Rs 70
Metro Costs 4.5 Times Less Than Cabs

After eight years, Rajinikanth to meet his fans

More Chennai News»

Ahmedabad

ED raids liquor baron, seizure worth Rs 2.5 crore

Mr Akhilesh Yadav, you are wrong, say families of martyrs from Gujarat
"Jawans from UP, Madhya Pradesh, South India and other parts of the country have sacrificed their lives but tell me whether anyone has been martyred from Gujarat," said former UP chief minister on Wednesday.

Murder-accused sarpanch gets bail to fix village tax
fix taxes for property, water, sanitation and electricity for the village in "public interest".

More Ahmedabad News»

Allahabad

New jail policy to curb use of 4G by convicted criminals
Uttar Pradesh minister of state for jail and public administration Jai Kumar Singh Jacky said the state government would soon introduce a policy to nab hardcore undertrials and convicted criminals who use 4G internet technology to operate their gangs outside the jail.

Triple talaq violates Constitution, says High Court
Referring to the practice of triple talaq, the Allahabad high court has observed that under Muslim law, marriage is a contract and a contract cannot be rescinded unilaterally.

Varsity to adopt 'summer hostel' model on campus
Preparations are on in full swing to turn three hostels of the Allahabad University (AU) into 'summer hostels'.

More Allahabad News»

Bhubaneswar

Naveen Patnaik announces Pratap Keshari Deb as BJD nominee for Rajya Sabha

Slum kids roped in to stop open defecation
Celebrities have been lending their charisma to stop open defecation. Now the city has turned to slum children to stop this unhygienic practice in their localities.

To fill up vacancies, govt plans to recruit retired teachers
In a bid to meet large-scale vacancies of teachers and maintain the pupil-tutor ratio, the Odisha government has decided to engage retired teachers in primary and upper primary schools as part of the teacher-on-call scheme.

More Bhubaneswar News»

Bhopal

Journey of Poha, from the walled city to MP Nagar

11 killed, 15 injured as mini-truck falls off bridge in Jabalpur
Residents of Gondia district, Maharashtra, these labours were heading towards Chargawan area in Jabalpur for collection of tendu leaves when their truck fell 10 feet down the bridge killing 11 on the spot. The incident took place near Hotia junction at around 1am.

More Bhopal News»

Chandigarh

Retired colonel told to pay 14 lakh relief to accident victim's kin
Motor Accident Claims Tribunal, Chandigarh, has directed a retired colonel and National Insurance Company Limited to pay a compensation of around Rs 14 lakh for accidental death of a 45-year-old Hari Ram Yadav who was hit by a speeding car driven by Col Arvindhan (retd).

Tour ends, councillors buzz with new ideas
Creating a special structure in engineering department to bring efficiency, segregation of garbage and a “band baja“ method to publically insult property tax defaulters -councillors have returned with a bagful of ideas from three study tours of Mumbai, Pune and Vishakhapatnam.

Biggest solar power plant yet to see light of the day
The ambitious project of the Chandigarh administration to install 25 megawatt (MW) solar power plant biggest of the city at Patiala Ki Rao, a seasonal rivulet, is yet to see light of the day.

More Chandigarh News»