[wanabidii] News Digest: Many PSB stocks valued less than bad loans

Thursday, February 11, 2016
THE TIMES OF INDIA
Thursday, February 11, 2016
Today's Headlines

Many PSB stocks valued less than bad loans
Most banks are expected to report an increase in bad loans after the Reserve Bank of India directed them to proactively identify stressed loans as NPAs.

Sensex remains weak; Nifty slips below 7,200
The benchmark BSE Sensex plunged over 148 points while the NSE Nifty dipped below the 7,200-mark in early trade on Thursday on sustained selling by funds and retail investors amid weak Asian cues.

Rupee down 8 paise against dollar in early trade
Moreover, sustained capital outflows also weighed on the domestic unit but dollar's weakness against some currencies overseas limited the rupee's fall, forex dealers said.

More Business News»

How climate change could slow transatlantic flights
Researchers say global warming is likely to speed up jet stream winds - adding thousands of hours a year to journey times. Researchers from the University of Reading used climate models to simulate how a doubling of atmospheric CO2 would affect atmospheric winds.

Dust pollution: Violators to be fined Rs 5000
Vehicles carrying construction material or demolition waste in the city will be penalized up to Rs 5,000 if they are found violating pollution norms. Until now, traffic authorities could penalize errant vehicles up to Rs 2,000 under the Motor Vehicles Act. Now the fine will go up to Rs 5,000.

3rd rhino killed in Kaziranga this year
Third rhino has been killed by poachers in last 40 days in Kaziranga National Park of Assam, a senior forest official said on Tuesday.

More Environment News»

N Korea orders military takeover of inter-Korean factory
North Korea on Thursday ordered a military takeover of the Kaesong industrial complex that was the last major symbol of cooperation with South Korea, saying Seoul's suspension of operations at the jointly-run facility was a "dangerous declaration of war".

US planes bombed Syria's Aleppo on Wednesday: Russia
TASS cited a defence ministry spokesman as saying that two US A-10 ground attack aircraft, flying from Turkey, had bombed objects in Aleppo.

Republican rivals ready to wage war on Donald Trump
The Republican contest after New Hampshire has in some respects been clarified into two parallel battles: between Trump and Senator Ted Cruz, the anti-establishment duo, and among three establishment-friendly hopefuls.

More World News»

1900-2000cc cars are in grey zone: CSE
After the Supreme Court ban on luxury segment of engines 2000 cc and above in the National Capital Region of Delhi the category of 1900cc-2000 cc has become the grey zone.

Industry hard selling diesel at the cost of public health: CSE
Not only the diesel emissions have been put in the list of class 1 carcinogen for strong link with the lung cancer, several studies now show diesel particles are more dangerous than particles from other sources for triggering ischemic heath disease and other respiratory ailments.

Auto industry cannot justify diesel plan projecting Europe as their poster boy: CSE
In a dramatic development in December, 2015, a group of 24 scientists from leading scientific institutions in Europe, supported by scientists from the US, issued an open letter to the European policy-makers, expressing strong concern over impact of diesel cars on air quality of Europe, says NGO Centre for Science and Environment.

More Science News»

Telenor India Q4 operating loss widens to Rs 460 crore
Telecom operator Telenor India's operating loss widened to Rs 460 crore or 368 million Norwegian krone (NOK) for the fourth quarter ended December 31, 2015.

'Flipkart exit harder than Myntra sale'
Mukesh Bansal’s journey at Flipkart began after his fashion e-commerce venture Myntra was acquired in May 2014 for $330 million by its crosstown rival. That was an emotional moment for Bansal, but leaving Flipkart and saying goodbyes now is even more difficult, he says.

Blueair unveils WiFi-enabled air purifier range starting at Rs 45,000
Blueair today introduced its new range of Sense+ air purifiers in India with Wi-Fi connectivity.

More Technology News»

Applications invited for the 3D Design: Ceramics programme at Staffordshire University
The Staffordshire University has invited applications for the 3D Design: Ceramics BA (honours) programme run by the School of Art and Design. A statement issued by the university said that the university has the most extensive ceramic facilities in the United Kingdom.

Sikkim to have institute on organic farming
The agriculture ministry on Wednesday approved setting up of National Organic Farming Research Institute (NOFRI) in Gangtok, Sikkim, to extend research and technological support to organic farming systems in the country.

UGC lets deemed private universities have 6 off-centre campuses
Barely three months after the University Grants Commission (UGC) issued notice to 10 deemed universities, including prestigious ones like the Tata Institute of Fundamental Research, for having off-centre campuses without clearance, it has amended its regulation allowing private deemed universities to have six off-campuses.

More Education News»

Willing to give voice samples but matter pending in SC: Chhota Rajan
Extradited gangster Chhota Rajan on Thursday informed the special Mcoca judge that he was willing to give his voice sample but it would subject to a decision on the constitutionality of such tests which is pending before a full bench of the Supreme Court.

'What's our fault? Killing a criminal who fired at us?'
While the family has alleged that Sandeep Gadoli was a victim of contract killing in a staged encounter, Gurgaon police have rubbished the allegation saying that the deceased was a gangster whose criminal activities had created havoc in the city.

Urdu University students ring opening bell at BSE
Forty-four postgraduate students of commerce and business management of Maulana Azad National Urdu University (MANUU), Hyderabad, rang the opening bell at the Bombay Stock Exchange (BSE) Wednesday.

More Mumbai News»

Delhi's odd-even experiment to return on April 15 for 15 days
The second phase of odd-even traffic experiment in Delhi will be from April 15 to April 30, Delhi chief minister made this announcement on Thursday.

My biggest regret is losing ACB, can't take action against corrupt anymore, says Arvind Kejriwal
Chief minister Arvind Kejriwal tells TOI in an exclusive interview that his government’s first year in power has been tumultous but fruitful. However, constant interference by Centre and the state of bureaucracy upset him

'Man of peace' Varghese to be Stephen's principal
John Varghese from the English and Foreign Languages University, Hyderabad, will take over from Valson Thampu as principal of St Stephen's College on March 1.Varghese, a professor in the communication .

More Delhi News»

Leopard sighting creates scare; 135 schools closed
A leopard was sighted by a construction labourer again on Wednesday at Nallurhalli, near Whitefield, even as teams of forest officials scoured the area for the three big cats that had been spotted on Tuesday evening.

NCERT working on app to reduce schoolbag burden on children
The Central Institute of Educational Technology (CIET) of the National Council of Educational Research of Educational Research and Training (NCERT) is developing a mobile app that will have textbooks of all state and national boards on it.

Ola cab ferrying women stops midway
An Ola cab driver, ferrying two women on Monday midnight, allegedly stopped halfway to chat with fellow drivers at a secluded spot.He refused to answer the women's queries on why he had stopped the car.

More Bangalore News»

Cotton growers reap golden harvest as prices increase
Blame it on crop damage in Pakistan, Bangladesh and China. Cotton farmers in AP are reaping it rich. Despite facing the worst-ever monsoon this season, the farmers seem to have come out of the red due to higher remunerative price.

Akbaruddin attack case trial begins
The trial in the Akbaruddin Owaisi attack case started on Wednesday with former Majlis-e-Ittehadul Muslimeen (MIM) corporator Mansoor bin Mohammed Awalgi deposing before the court.

Uniform Civil Code and Muslims
The sticky issue of the uniform civil code (UCC) has sprung up again. It was last week that the Jamiat-e-Ulama Hind (JUH), a body of Islamic scholars with a pan-India presence, submitted before the Supreme Court that Muslim Personal Law is derived from the Quran. Based on this argument, the Jamiat said that Mohammedan laws cannot be treated as within the purview of what it described as “laws in force“.

More Hyderabad News»

Youth kills alcoholic father in Tamil Nadu
The deceased has been identified as Selvakumar, 45, of Aruldosspuram, who was a mason.

Karunanidhi gives a twist to Jayalalithaa's father-son story 
In a tit-for-tat, DMK chief M Karunanidhi on Thursday took on Tamil Nadu chief minister J Jayalalithaa in the game of story-telling to send out political messages by narrating one of his own.

Drive launched to promote healthy habits among adolescents
The campaign, launched recently by IAP president Dr Pramod Jog, will focus on three key adolescent-related issues - health, nutrition and vaccination.

More Chennai News»

Bootlegger nabbed for forging vehicle documents
Listed bootleggar Kailash Rathi of Zalor in Rajasthan was nabbed by city crime branch last week , this time not for smuggling liqour but for forging the documents of trucks used to smuggle liquor in Gujarat.

Gujarat police seize liquor hidden under fruits
The state monitoring cell on Wednesday intercepted a truck near Samakhiyali check post in Kutch and siezed Indian made foreign liquor worth Rs 34.53 lakhs. Police have arrested two persons Majorsinh Shikh and Pavan Arora, residents of Punjab.

Star first, script last in IIM-A B'wood hit mantra
Star first, script last ­ that seems to be the formula for a Bollywood blockbuster! A research team led by a professor of Indian Institute of Management, Ahmedabad, (IIM-A) has come up with a model that predicts a movie's success, including box office collections.

More Ahmedabad News»

Government considering establishing training university for teachers
We are considering establishing a training university for teachers, said Minister of State for HRD, Ram Shankar Katheria. This is being thought after a meeting held with top academicians with the government wherein many steps, including the need of setting up such a dedicated training university in different states, were suggested.

Around 1.25 crore devotees likely to take holy dip on Mauni Amavasya
With around 30 lakh devotees and pilgrims already flocked Sangam to take holy dip on the occasion of Mauni Amavasya snan scheduled on Monday, men-in-khaki on Sunday turned the entire Magh Mela campus into a fortress.

`Ayodhya issue should not be politicised'
Shankaracharya of Puri Jagadguru Swami Adhokshayajananda on Saturday targeted the Sangh Pariwar outfits for “playing with the sentiments of people and raising sensitive issues keeping in mind the 2017 UP assembly elections and Lok Sabha elections in 2019."

More Allahabad News»

Naveen requests PM to set up CNG stations in Odisha
The state government on Wednesday urged the Centre to set up compressed natural gas (CNG) stations in Odisha to facilitate provision of alternative fuel for motorized vehicles.

IMMT research scholar kills self during video call
A research scholar of Institute of Minerals and Materials Technology (IMMT) here hanged herself to death during a video call with her friend on Tuesday night, police said.

Govt to resolve mineral transport charges issue
The state government is planning to convene a meeting of mineral ore transporters soon to resolve the vexed transport charges issue which has often led to law and order problems.

More Bhubaneswar News»

100 kids fall ill in Madhya Pradesh after deworming
Indore/ National Deworming Day turned out to be a nightmare for over 100 children in over 9 districts of Madhya Pradesh on Wednesday after being administered albendazole tablet at angaanwadi centres and schools for free.

Panipat laywer gets Bangladesh visa to help runaway Pak boy
Haryana-based advocate Momin Malik got a multiple tour visa from Bangladesh high commission to meet the father of Karachi's runaway boy, Mohammad Ramzan who is with an NGO in Bhopal.

Implement SC order on treatment of gas victims: MPHC
Madhya Pradesh high court (MPHC) on Wednesday ordered that the agencies of state and Centre should sit together and take decisions for ensuring that the orders of the Supreme Court for proper treatment of the gas victims are implemented.

More Bhopal News»

Hit by 4 bullets, he fought Pathankot attackers for 90 mins
A day after being sprayed with terrorists' bullets at the Pathankot airbase last month, Corporal Shailabh Gaur, a Garuda commando with the air force, did not have the courage to tell his mother the truth.

Three of family booked in chit fund scam
Mohali police booked three members of a family for duping a Panchkula resident of Rs 1.84 crore.

UT holds interactive session on Digital India
The UT administration along with department of land resources, Delhi, on Wednesday, organized a programme-cum-interactive session on Digital India Land Record Modernization.

More Chandigarh News»

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