[wanabidii] News Digest: Mystery surge in cash with public hurts banks

Saturday, April 02, 2016
THE TIMES OF INDIA
Saturday, April 02, 2016
Today's Headlines

Mystery surge in cash with public hurts banks
A steep surge in the amount of currency in circulation has baffled bankers and economists as this preference for cash among the public is slowing down deposit growth and hurting banks.

HCL Tech buys Geometric for Rs 1,283 crore
Billionaire Shiv Nadar-controlled HCL Technologies will acquire Mumbai-based engineering services company Geometric for Rs 1,283 crore ($188 million) in a share-swap deal.

CNG, piped cooking gas become cheaper in Delhi
CNG price in the national capital was on Friday cut by Rs 0.60 per kg and piped cooking gas by Rs 0.65 per standard cubic meters following a 20 per cent slashing in natural gas rates. The new prices will become effective from Friday midnight

More Business News»

Asia may face severe water crisis by 2050
Countries in Asia, including India, may face severe water shortage by 2050 due to rising economic activity, growing populations and climate change, MIT scientists have warned. There is a “high risk of severe water stress” in much of an area that is home to roughly half the world’s population, scientists said.

China braces for "severe" flooding on Yangtze River
Severe floods are expected on China's Yangtze River this year due to a strong El Nino weather pattern, state media said, raising the risk of deaths and damage to property and crops along the country's longest waterway.

Dancing tadpoles found in Western Ghats

More Environment News»

State department suspends review of Clinton emails
The US state department has suspended plans for an internal review of former secretary of state Hillary Clinton's emails at the request of the FBI. Clinton, the front-runner in the race for the Democratic Party nomination in the presidential election, has apologized for using a private email server for official business while in office from 2009 to 2013.

Trump lacks understanding about foreign policy: Obama
US President Barack Obama has said Donald Trump's suggestion that Japan and South Korea should consider obtaining nuclear weapons demonstrates that he lacks understanding about foreign policy and the world at large.

Turkey forcibly returning Syrians to war zone: Amnesty
The EU-Turkey deal, which aims to stem the flow of illegal migrants and goes into effect on April 4, threatens the rights of asylum seekers, and advocacy groups question whether Turkey is a safe country for them.

More World News»

Overfed fetus may become an overweight adolescent

DNA study confirms extinction of ancient Americans caused by European colonisers

Quest for `smarter` lover keeps women out of science
Fields like science, technology, engineering and math (STEM) remain dominated by men and now, a new study found that women with a preference for more intelligent partners are less likely to show interest in male-dominated fields such as math and science.

More Science News»

5 budget Android smartphones with big batteries 
Here are 5 smartphones under Rs 12,000 that promise to deliver long lasting performance.

12 weird but true facts about technology
Here are a bunch of facts and anecdotes that sound so ridiculous, you'll question their authenticity.

How to increase storage on your iPhone with this unusual hack
An unusual hack which can dramatically increase the available storage space on your iPhone has been discovered.

More Technology News»

India calls for empowerment of autistic people
Stressing on empowering autistic people through appropriate education and employment opportunities, India has called for enhancing quality of life of differently-abled children. India's permanent representative to the UN Ambassador Syed Akbaruddin said in an address here on Friday.

Odisha govt wants Oriya Chair in BHU
The government of Odisha intends to establish an Oriya Chair at Banaras Hindu University (BHU) for teaching and learning of Oriya language.

Duty of institutions to instill in their students a love for motherland: President Pranab Mukherjee
President Pranab Mukherjee said it is the duty of institutions to instill in students a love for their motherland, a sense of responsibility towards society and compassion.

More Education News»

GCPL acquires US-based hair care company
Mumbai, April 2 (IANS) Godrej Consumer Products (GCPL) has entered into an agreement to acquire US-based Strength of Nature LLC (SON) which caters to the hair care needs of women of African descent.

Lakme Salon's 'Illuminate Show' by Nikhil Thampi unveiled at LFW
Mumbai, April 2 (IANS) The sensational hair and make-up looks for Summer-Resort 2016 were unveiled by Lakme Salon at the much awaited "Illuminate Show" with the collection of ace designer Nikhil Thampi at the ongoing Lakme Fashion Week (LFW) Summer-Resort 2016 here.

Pratyusha was tensed about her relationship: Rakhi Sawant
Mumbai, April 2 (IANS) Bollywood actress and item girl Rakhi Sawant, a close friend of TV actress Pratyusha Banerjee who allegedly committed suicide on Friday, says the "Balika Vadhu" star was "tensed" about her relationship with her boyfriend Rahul Raj Singh.

More Mumbai News»

85 pc tobacco warning: No ambiguity in policy, says govt
New Delhi, Apr 2 () Slamming the decision of tobacco manufacturers to halt production, the Centre today hardened its stand on the implementation of larger pictorial warnings on such products, saying it will take all the necessary steps to curb tobacco use in the country.

Women activists calls for action in Pratyusha Banerjee suicide case
Voicing concern over the alleged suicide of television actor Pratyusha Banerjee, women activists on Saturday called for stringent police action and investigation into the matter. "It's a very sad news. She was a well-known actor.

Delhi gets its first eco-friendly affordable drive with Promto
Delhi-based two-wheeler electric bike-taxi service company Promto has launched the city's first ever eco-friendly two-wheeler taxi service to address the gap of last mile connectivity for local commuters.

More Delhi News»

PU department director shifted out over chemistry paper leak
Rame Gowda will continue to hold his present posting of transport commissioner as concurrent charge. Akurathi has been posted as deputy secretary , department of personnel and administrative reforms.

SSLC students get false alarm on science test
SSLC students panicked on Friday after rumours spread that the question paper for the science exam scheduled for the day had been leaked.Copies of what was touted to be the question paper were circulated on WhatsApp.

At Rs 24,000 per sqft, Cunningham Road gets new brand value
The revised guidance value between Mehkri Circle and Hebbal flyover on Ballari Road has increased from Rs 10,000 per sqft to Rs 15,000 per sqft. Similarly, the stretch between Bagalur Cross and Sadarahalli Gate has increased from Rs 2,200 to Rs 3,500 per sqft.

More Bangalore News»

AP to sell IMFL in tetra pack to tackle illicit liquor trade
Ironically, the AP government wants to increase liquor sales even as Bihar imposed partial prohibition with stringent punishment for violation.

Notorious for negligence, IVRCL faced CBI case
Scores of lenders, companies and individuals have approached the Hyderabad High Court in the past seeking liquidation of the company assets and auction. They are at various stages of hearing now.

Firm let off easy despite two on-site deaths in 2009
IVRCL, in the eye of a storm and potentially facing crippling action following the collapse of the Kolkata flyover, has been conducting its business from a residential locality in violation of the city's building rules.

More Hyderabad News»

EC to review poll preparations in TN, Pondy next week
Chennai, Apr 2 () The full Election Commission would review the preparedness for the May 16 assembly elections in Tamil Nadu and neighbouring union territory of Puducherry during their three-day tour next week, a senior official said today.

Madras HC imposes Rs 15k cost on woman IAS officer

8 'corrupt, inefficient' Tamil Nadu judges in the dock
The Madras high court has declared all-out war on corrupt and inefficient judges among the subordinate judiciary.

More Chennai News»

Special CBI court allows Vanzara to return to Gujarat
Ahmedabad, Apr 2 () A special CBI court today relaxed bail conditions of retired IPS officer D G Vanzara, a key accused in the alleged fake encounter case of Ishrat Jahan by allowing him to enter and stay in Gujarat.

Man arrested for withdrawing money from BNA machine
Crime branch on Saturday arrested a man Rajnikant Patel of Navsari for withdrawing money from Bulk note acceptances machines recently installed by different banks along side ATMs in Navsari, Vadodara, Surat, Chennai and Goa.

'Award wapsi' aimed to amplify voices: Pablo Bartholomew
Padma Shri Awardee Photographer Pablo Bartholomew Says No Difference Between Now And Emergency

More Ahmedabad News»

No quorum: Corporators protest as House adjourned
The sadan meeting of Allahabad Municipal Corporation which was called for discussing house tax was postponed following lack of quorum.

Traffic cops act tough on autos playing loud music
Tightening its noose around violators, traffic police on Friday fined over 2 dozen tempos and autos for playing music in high decibels.Cops also removed music systems from many tempos.

Techies told to be innovative at MNNIT's cultural fest
Motilal Nehru National Information of Technology director P Chakarbarti urged students to be innovative.

More Allahabad News»

Govt directs action against absentee medical teachers
Faculty members of medical colleges bunking duty for private practice will face stern action, if a recent government initiative is any indicator.

CBI raids SAIL honcho's house
A senior employee of Steel Authority of India Limited (SAIL), a premier Central public sector enterprise, landed in trouble after the CBI on Friday raided her office and residence here on charges of amassing properties disproportionate to her known sources of income.

Prisoners resort to fast
Five undertrial prisoners, including three women, housed in special sub-jail, Bhanjanagar, in Ganjam district allegedly involved in Maoist activities launched hunger strike from Friday.

More Bhubaneswar News»

BMC budget gets heated, literally

Kashmiri students in Bhopal University seek security
Say they are feeling threatened from some 'outsiders'

CS, babus ignore MLAs letter, alleges Kalukheda

More Bhopal News»

Bangladesh woman cheat lands in police net

Special challan drive in Chandigarh till April 18

Hope floats for HMT unit in Pinjore
MD Says No Closure Decision TakenSaurabh.Prashar@timesgroup.

More Chandigarh News»

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