[wanabidii] News Digest: Sensex, Nifty slip from record highs

		THE TIMES OF INDIA
		Tuesday, July 08, 2014
		Today's Headlines

		Business
		Sensex, Nifty slip from record highs After opening on a positive note, markets witnessed hectic profit-booking in most of the sectors in late morning trade, leading to fall in the sensex and Nifty by nearly 100 points from their all-time highs ahead of the the Railway Budget. Rail stocks fall ahead of Railway Budget Stocks of companies related to railways sector fell as much as 8 per cent in morning trade on Tuesday due to profit-booking ahead of the Railway Budget to be presented shortly. Mahindra buys Holiday Club for Rs 600 crore Mahindra Holidays and Resorts India, part of the $16.7-billion Mahindra Group, is acquiring Finland-based Holiday Club Resorts from a clutch of financial investors for 73-million euros (about Rs 600 crore), which will catapult the Indian firm into a global vacation ownership powerhouse. More Business News»

		Environment
		Malls are energy guzzlers, says R K Pachauri :Terming shopping malls as "energy guzzlers", noted environmentalist R K Pachauri on Monday said they are not suited to the Indian environment. Ganga to be developed as major tourist destination and navigation corridor Union tourism and culture minister Shripada Naik said tourism spots will be developed by government all along the banks of Ganga from Gangotri to Gang a Sagar. Delhi's satellite towns witness increase in air pollution Delhi's air pollution measures like introducing compressed natural gas, building the Metro and moving polluting industries outside city limits have been praised universally. More Environment News»

		World
		Oscar Pistorius defence team closes case The chief defence lawyer in the murder trial of Oscar Pistorius says he has closed his case, and the judge says final arguments will be held in court on August 7 and 8. Abdullah claims victory, Afghan election crisis deepens Presidential candidate Abdullah Abdullah claimed victory on Tuesday in Afghanistan's disputed election, blaming fraud for putting him behind in preliminary results. UN to recognise all same-sex marriages of staffers The UN will now recognize all same-sex marriages of its staffers across the world as it put in place a new policy aimed at ensuring "greater equality" with Secretary General Ban Ki-moon calling for rejection of homophobia. More World News»

		Science
		Study paves way for simple blood test to predict Alzheimer's British scientists have identified a set of 10 proteins in the blood that can predict the onset of Alzheimer's and call this an important step towards developing a test for the incurable brain-wasting disease. Fossil of world's biggest flying bird found In a ground-breaking discovery, scientists have identified the fossilised remains of an extinct giant bird that could be the world's biggest such. Voyager 1 reports 'singing' space from 19 billion kms away Voyager 1, the spacecraft that is now over 19 billion kilometers from the Earth, has reported a sudden burst of tinkling bells from around it. More Science News»

		Technology
		Small-town India turns out to be hub of cybercrime Cyber offences may appear to be an urban phenomenon, but in an indication of how deeply internet has penetrated the country, government data show a majority of hacking and obscene posts on the internet having been reported from rural areas and small towns. Xiaomi launches Nexus 5 rival Mi 3 at Rs 14,999 Chinese manufacturer Xiaomi has launched its Mi 3 smartphone, a rival to the likes of Nexus 5, in the Indian market at Rs 14,999. Samsung, Intel, Dell team on IoT standards Samsung Electronics, Intel and Dell have joined to establish standard ways for household gadgets like thermostats and light bulbs to talk to each other. More Technology News»

		Education
		Cutoffs drop sharply in Delhi University's third list For those yet to get admission in a Delhi University college, the third cutoff list issued on Monday brings good news. DU directed to make arrangements post-FYUP scrapping: Govt In a written reply, HRD minister Smriti Irani highlighted the steps taken by UGC and its direction to DU to restore the three-year programme. My idea of leadership Young Indians are moving towards a ‘broader sense’ of leadership. More Education News»

		Mumbai
		Distraught parents express deep anguish Pallavi Purkayastha's parents expressed deep anguish and disappointment after the man who cut short their daughter's life was given the life sentence. Security guard gets life term for Pallavi murder Sajjad Pathan, 24, was sentenced to life imprisonment on Monday for murdering young lawyer Pallavi Purkayashtha in 2012. Railway Budget may hold little hope for Mumbai Suburban railway commuters will have to keep expectations in check as the Centre may not have anything substantial to offer to Mumbai in this year’s railway budget More Mumbai News»

		Delhi
		Cutoffs drop sharply in Delhi University's third list For those yet to get admission in a Delhi University college, the third cutoff list issued on Monday brings good news. Instalments paid, raised circle rates will add to woes, fear investors Days have passed into months and months into years. 10km eco zone impractical, we understand it: MoEF official All eyes are now on the ministry of environ ment and forests which, along with the UP government, will decide the outline of the eco-sensitive area around the Okhla Bird sanctuary. More Delhi News»

		Bangalore
		Our men are now punching bags, say cops' wives I don't worry about my son, I worry about what could happen to my husband when he's at work, says Sujatha.She succinctly sums up what's going through the minds of women married to policemen. Selling seats: Worst kept secret finally out It's an open secret that some political parties are, literally, auctioning MP/MLC seats to the highest bidder. JD(S) MLAs want HD Deve Gowda to explain CD deal However, unfazed by the flutter caused by the CD, in which he purportedly discussed money transactions with an MLC aspirant, Kumaraswamy said he is open to any kind of inquiry on the matter. More Bangalore News»

		Hyderabad
		Petals exhibition held at Taj Krishna in Hyderabad Petals exhibition held at Taj Krishna in Hyderabad Land allotments: Naidu to do a KCR in Aandhra Pradesh Like Telangana chief minister K Chandrashekar Rao, AP CM Chandrababu Naidu is also on a take-back-land spree. Krishnapatnam port next in line The GoM is headed by finance minister Yanamala Ramakrishnudu and apart from the IT minister, it comprises ministers K Achhannayudu (labour) and K Srinivasulu (health) as members. More Hyderabad News»

		Chennai
		Jayalalithaa distributes financial aid to kin of Chennai building collapse victims The chief minister distributed cheques for Rs 7 lakh each to the families of 14 construction workers in the state who were killed when the multi-storey under-construction building collapsed. Weak structures in Tiruvallur district to be identified District collector K Veera Raghava Rao has roped in the Chennai Metropolitan Development Authority (CMDA) and the local panchayats in the district to enumerate the faulty structures. Tamil Nadu assembly session to begin on July 10 During the session, the assembly will discuss and pass demands of various departments. More Chennai News»

		Ahmedabad
		Inquiry ordered into ship blast at Alang The state government has formed a three-member committee to investigate into a blast incident triggered by suspected gas leak that took place in a ship being dismantled at the Alang ship-breaking yard in Bhavnagar district. Degree to diploma admission begins The admission to degree to diploma course began from Monday with availability of 22,500 seats in 26 different faculties. Admission Committee for Professional Courses declares first merit list for 61,344 students The Admission Committee for Professional Courses (ACPC) declared the first merit list for 61,344 students. More Ahmedabad News»

		Allahabad
		Worshipping 'cylinder devta' for no more hike In contrast to 'aache din', the soaring prices are giving sleepless nights to the middle class.Common man is unable to bear the pressure of rising prices of all essential commodities. Enjoy showers but take precautions, say doctors Doctors said that some of the common eye problems during monsoon are conjunctivitis, dry eyes, corneal ulcers. Bahraich resident killed in Iraq While 46 Indian nurses returned safely from Iraq, a Bahraich resident could not be as lucky as them.Rajesh Kumar, 38, has reportedly been killed by ISIS militants in strife-torn Iraq. More Allahabad News»

		Bhubaneswar
		Tribal children to study in mother tongue till Class V In a bid to extend the mother-tongue based Multilingual Education Programme (MLE), the state government has decided to use mother tongues as medium of instruction for the first five years in primary schools. Govt projects exempt from showing patta during sale Private developers said the latest move was discriminatory as it provides respite selectively to those who bought houses only from government agencies. Daitapati, pilgrim come to blows Notwithstanding the presence of large number of police personnel around the chariots, a Daitapati servitor and a local pilgrim came to blows on Monday. More Bhubaneswar News»

		Bhopal
		Policing off-tracked? State ranks third in crimes on trains Madhya Pradesh has earned dubious distinction of figuring in the list of states with highest incidence of crimes in railways after Maharashtra and Uttar Pradesh. Special passport mela for application submission In order to facilitate submission of passport applications of people of Madhya Pradesh, regional passport office, Bhopal, is organizing a special passport mela on July 12, 2014 at Passport Seva Kendra, Bhopal. Delegation from Ghana visits BHEL plant Volta River Authority (VRA), a Government of Ghana company deputed a six-member delegation to India to explore BHEL's engineering and manufacturing capabilities in hydro sector. More Bhopal News»

		Chandigarh
		Vardhan assures to look into GMCH seat row Health minister Dr Harsh Vardhan on Monday assured local MP Kirron Kher of considering the issue of increasing seats at Government Medical College and Hospital, Sector 32, by 50%. PU syndicate to take up rotation of headship on July 12 The Panjab University syndicate will meet for the first time in the new academic session on July 12. Undertrail put heroin on the table of judicial magistrate In a major blow to Punjab jail department, an undertrail accused Dheeraj Batta, 27, shocked a packed courtroom when he pulled out a pouch of half gram heroin from his pocket and put in on the desk of judicial magistrate complaining that he is being compelled by a fellow inmate to sell the narcotics inside Nabha Jail on Monday. More Chandigarh News»

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