[wanabidii] News Digest: India's pension fund to start equity investments in July

Thursday, June 25, 2015
THE TIMES OF INDIA
Thursday, June 25, 2015
Today's Headlines

India's pension fund to start equity investments in July
Starting in July, India's state-run pension and social security fund will invest about $800 million in equities in the current fiscal year, labour minister Bandaru Dattatreya said, in a long-awaited move that may help finance an ambitious privatization programme.

Mutual fund houses file papers with Sebi for 100 new offerings in 2015
With rising demand from retail investors for mutual fund schemes, the draft papers by fund houses filed with capital markets regulator Sebi for launching New Fund Offers have gone as high as 100 since January.

Investments can now be committed without delay: FM
Making a strong pitch for investments in India, finance minister Arun Jaitley has asked long-term US investors to start investing without any delay as India's growth story is on a firm footing and all outstanding issues are under the government's active consideration.

More Business News»

How climate change may offset 50 years of health progress
A new study has suggested that climate change can possibly erase 50 years of health advancements.

Mystery of parrots' talking ability solved
A long lasting mystery – how can parrots 'talk' like humans – seems to be heading to a solution at last. An international team of scientists led by Duke University researchers has found that parrot brains are different. This may explain the birds' unparalleled ability to imitate sounds and human speech.

Oslo creates world's first 'highway' to protect bees
From flower emblazoned cemeteries to rooftop gardens and balconies, Norway's capital Oslo is creating a "bee highway" to protect endangered pollinators essential to food production.

More Environment News»

Bomb attack, clashes in Syria's Kobani kill 12, wound 70
Twelve people were killed and 70 wounded in a car bomb blast and attacks by Islamic State militants in the Syrian Kurdish town of Kobani on Thursday.

Myanmar's parliament blocks changes to constitution
The legislature ended a 3-day debate on Thursday on proposed changes to the 2008 constitution.

IS seizes parts of northeast Syria city Hasakeh
Islamic State group fighters entered the northeastern Syrian city of Hasakeh overnight, seizing two neighbourhoods from government forces in heavy clashes, a monitoring group said on Thursday.

More World News»

This device tracks cancer growth
A new device that can accurately track chemical signals within cells and find out how cancerous growth begins has been invented by biomedical engineers.

Hubble spots hydrogen cloud around exoplanet
A team of scientists using Nasa's Hubble Space Telescope has discovered an immense cloud of hydrogen escaping from a warm Neptune-sized exoplanet, thus boosting the the prospect of finding ocean-bearing exoplanets.

Is cancer hiding in your home? 28-nation study flags common drugs, chemicals
A staggering range of commonly used chemicals – from insecticides to plastic additives to some common medications – are likely to cause cancer even in very low amounts.

More Science News»

10 good smartphones you've probably never heard of
Here are some of our favourite smartphones from around the world into a list of phones you've probably never heard of.

Lenovo K3 Note first impressions
Lenovo has now introduced the K3 Note, a phablet that sports a full-HD display and better optics than the company’s A-series phones.

How Sikka is remaking Infosys
At the Infosys AGM this Monday, for the first time in the company's 34-year history, NR Narayana Murthy was not on the dais facing shareholders.

More Technology News»

CBSE schools welcome Centre's decision to include yoga training in curriculum
All Central Board of Secondary Education (CBSE) affiliated schools in the city and students appreciate the move by the Centre to introduce yoga in the curriculum from this academic session. However, most schools said, they have been practicing yoga as part of their physical education.

Fake EWS admissions: Another module busted in Delhi
The crime branch has busted another module that facilitated fake nursery admissions in top schools in Delhi. Police have also arrested a key player, Neeraj Kumar, a former bank employee.

DU admission: Slight dip in a few subjects but massive jump in cutoffs for humanities
Forced to issue a single cutoff for every stream this year, most colleges have set their cutoffs close to the upper limits of their last year’s ranges. The result: a small increase—or even a drop—in the cutoff for some streams and a massive jump for others, most often the humanities’ students.

More Education News»

Self-certification for 16 labour laws in Maharashtra
In order to promote the ease of doing business, the Maharashtra government has announced a scheme which allows factories and shops self-certification pertaining to 16 labour laws. However, this will not apply to businesses involving chemical or hazardous products.

Transgender may be allowed to reside in Jogeshwari house after TOI report
After a TOI report on Joe Paul, a transgender woman asked to vacate a Jogeshwari flat allegedly on grounds of sexuality, she may now be allowed to continue living there.

Visually impaired shoot into limelight by taking pictures
In January 2015, an ad for soap featuring Katrina Kaif drew four million hits online. The still photographs had been shot by 26-year-old Bhavesh Patel who was born blind.

More Mumbai News»

Rape allegations can't be settled outside court: Delhi HC
Even if both parties "settle the issue" outside court, rape allegations can't be compromised, the Delhi high court has said.

2 fathers booked for sexual abuse of their daughters
In what can be seen as a stigma on the father-daughter relationship, Delhi Police have registered separate complaints against two men for forcing their daughters into illegitimate sexual relationships.

DERC-discoms tiff likely over power purchase costs
The Delhi Electricity Regulatory Commission (DERC) and the power distribution utilities are heading for a face-off over power purchase costs.

More Delhi News»

14 year old raped, an entire village rebels
The 14-year-old rape survivor has found a new strength after her village stood up as one to help her fight her battle. Ramagondanahalli, a hamlet in north Bengaluru, wants to see the two perpetrators punished.

Bengaluru may be divided into five entities
The city may be spilt into five corporations if the recommendations of the BBMP restructuring committee headed by former bureaucrat BS Patil gets the government nod.

New buses from KSRTC
The Karnataka State Road Transport Corporation (KSRTC) has recently launched “Airavath Diamond Class & Karnataka Sarige” bus services.

More Bangalore News»

`Bahubali' a copy of Hollywood films?
Touted as the most expensive film ever made in Telugu ­ it has an eye-popping budget of over Rs 175 crore ­ Bahubali is also in the limelight for all the wrong reasons. And the main allegation against it is plagiarism in the disguise of `inspiration'.

Aarogyasri: More deaths in govt hospitals
It seems that the nability of the Telangana overnment to rein in private hospitals empanelled under Aarogyasri from rejecting dmissions to critically ll patients is pushing up fa alities in state hospitals, doc ors said.

No advisory sent to governor from Delhi, says Sadananda Gowda
The Central government has not sent any official communication to governor ESL Narasimhan on the issue of implementing Section 8 of the AP Reorganization Act, Union law minister DV Sadananda Gowda said on Wednesday.

More Hyderabad News»

TAKE Solutions secures patent for clinical data standardization process
TAKE Solutions -- a Chennai-based global business technology solutions provider -- has been awarded a patent by the United States Patent and Trademark Office (USPTO) for its clinical data standardization process.

Jayalalithaa hands over aid to family of Kanyakumari fisherman who died in Saudi Arabia
The Tamil Nadu government on Thursday gave a cheque for Rs 5 lakh to the widow of a Kanyakumari fisherman who died in Saudi Arabia.

Narcotics Control Bureau turns to WhatsApp, Facebook to create drug abuse awareness
The NCB has already started sending awareness messages to school and college students through WhatsApp.

More Chennai News»

Ultrathin nano-sheets developed by IIT-Gandhinagar
A team of researchers at Indian Institute of Technology , Gandhinagar (IITGn) has developed an extremely transparent nano-material. The nano-sheets are rich in boron unlike graphene that is based on carbon.

Now, a Vibrant India Summit for education
The central government will organize the country’s first-ever Vibrant India Global Education Summit in the last week of November. This two-day summit will be held in Gujarat — at Mahatma Mandir in Gandhinagar. 

Ambedkar Yatra: BJP dithers
The government of Gujarat had announced the celebration of the 125th birth anniversary of Dr B R Ambedkar throughout year, however, three months (April to June) have passed but the state government has failed to organise even a single event.

More Ahmedabad News»

Panic in Meerapur after mob hurls stones at house
Panic gripped Harshwardhan Nagar, Meerapur and adjoining areas after a group of 30 unidentified people hurled stones on a house and threatened occupants to withdraw a case filed against a youth, who had allegedly eloped with their daughter two days back.

12-year-old boy rapes minor girl, held
Dhoomanganj police have arrested a 12-year-old for raping a six-year-old girl in Transport Nagar on Wednesday after medical report confirmed rape.

Allahabad University's 75-year-old pool loses out to new theatre complex
Allahabad University’s 75-year-old Kunwar Sir Maharaj Singh swimming pool will soon be history.

More Allahabad News»

Two Puri temple servitors suspended over Nabakalebara ruckus
Bowing to mounting criticism over brahma paribartan (soul transfer) fiasco, the Sri Jagannath Temple Administration (SJTA) on Wednesday suspended two servitors of daitapati nijog (priests’ association) for the delay in the key ritual of Nabakalebara. They are Jay Krushna Dasmohapatra and his father Kasinath Dasmohapatra.

MKCG trauma care to start by June-end
The MKCG Medical College and Hospital’s trauma care centre, which is yet to be operational since its construction six years back in the absence of sufficient staff, will start functioning by the end of this month.

FSSAI asks states to test milk
After the Maggi row, the Food Safety and Standards Authority of India (FSSAI) has asked all states to test samples of packaged milk, water and edible oil sold in the market.

More Bhubaneswar News»

Holy mass at cathedral in memory of Sister Nirmala
Holy mass was observed at St Francis of Assisi Cathedral Church, Jehangirabad, Bhopal, in memory of Sister Nirmala, Mother Teresa’s successor and former superior general of the Missionaries of Charity, who passed away Tuesday morning.

KV Kamath steps down as IIM-I boss
Noted banker and newly appointed chief of New Development Bank of BIRCS nations, KV Kamath, has stepped down from the post of chairman of Indian Institute of Management, Indore (IIM-I) board of governors (BoG) and society.

Anti-begging drive: 94 kids rescued
As part of anti-begging drive launched by police and voluntary organizations from June 1, 94 children have been rescued till June 23.

More Bhopal News»

E-pharmacies unlawful
E-Pharmacies in whatever form or model now operational in India are unlawful and current set of law does not allow to operate E-Pharmacy, said JS Shinde, president of All India Organization of Chemists & Druggists (AIOCD).

Special campaign on Vitiligo launched
A special campaign on skin disorder “Vitiligo” was organised on Thursday at National Skin Hospital, Mansa Devi Complex on the occasion of World Vitiligo Day.

HC advocate on vacation, thieves break into house
The Sector 2 house of a high court advocate was burgled by reportedly two men on Monday night.

More Chandigarh News»

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