Month: April 2017

Gujarat government committed to improve living standards of poor: CM Vinay Rupani

The government is also committed to provide cheap houses, healthcare, jobs and food to the poor, he said, Gujarat Chief Minister Vijay Rupani today said his government was committed to improve the living standards of the poor by providing affordable houses, healthcare, food and jobs. He alleged that the Congress has cheated the people by …

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PM Narendra Modi taking steps for quick eradication of poverty: MJ Akbar

Union minister M J Akbar today said Prime Minister Narendra Modi was making every effort to quickly eradicate poverty from the country, instead of dealing the problem slowly. (PTI) Union minister M J Akbar today said Prime Minister Narendra Modi was making every effort to quickly eradicate poverty from the country, instead of dealing the …

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Sloppy start to Rera

Almost half the states yet to notify rules, while others have watered down provisions of central Act States have been half-hearted in their efforts to implement the Real Estate (Regulation and Development) Act, 2016, (Rera), a year after the central law was officially notified following a seven-year long passage through Parliament. Research by real estate …

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My advice to investors at this stage is to stay put: Mark Matthews

Also says, corporate earnings should grow at least by 20%, led by banks & commodity-related sectors Puneet Wadhwa  |  New Delhi  April 30, 2017 Last Updated at 23:31 IST With the markets hitting all-time highs last week, Mark Matthews, head of research for Asia at the Zurich-headquartered Julius Baer Group, a multinational banking entity, tells …

My advice to investors at this stage is to stay put: Mark MatthewsRead More »

Debate on triple talaq unnecessary: Sayed Jalaluddin Umri

All India Muslim Personal Law Board vice-president Sayed Jalaluddin Umri today said the nationwide debate on the triple talaq issue was “unnecessary”(PTI) Jamaat-e-Islami Hind chief and All India Muslim Personal Law Board vice-president Sayed Jalaluddin Umri today said the nationwide debate on the triple talaq issue was “unnecessary” and there will be no dispute if …

Debate on triple talaq unnecessary: Sayed Jalaluddin UmriRead More »

Time to work for Delhi’s slum dwellers: BJP chief Manoj Tiwari

He said this during his visit to Surajpur Jhuggi Basti in Samaypur Badli of north Delhi to learn about the problems of the families living there. (Reuters) Now is the time to work for slum dwellers in the city, which is possible only if Prime Minister Narendra Modi’s ‘Housing for All by 2022’ scheme is …

Time to work for Delhi’s slum dwellers: BJP chief Manoj TiwariRead More »

When two hands don’t coordinate

Some banks refuse to give FIRC to exporters of services saying FEDAI restrains them from doing so In a welcome move, the Directorate General of Foreign Trade (DGFT) has extended the benefit under the Services Exports from India Scheme (SEIS) for the period between April 1, 2016, to March 31, 2017. This ends uncertainty and …

When two hands don’t coordinateRead More »

Doubling farmers’ income

Doubts persist over NITI Aayog’s grand plan Doubling farmers’ income by 2022, the 75th anniversary of India’s independence, sounded almost utopian when Prime Minister Narendra Modi first talked about it shortly after assuming office. But the NITI Aayog has come up with an action plan, which includes, among other things, some basic agricultural sector reforms …

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IRB InvIT: Good, but not for all

The instrument should deliver a decent 10 per cent post-tax yield With every initial public offering (IPO), getting the kind of response it is, the interest in IRB Infrastructure’s infrastructure investment trust (InvIT) issuance appears good. Being the first-of -its-kind IPO has helped generate reasonable investor interest. But it is also expected to deliver reasonable …

IRB InvIT: Good, but not for allRead More »

Hamilton puzzled by ‘odd weekend’ in Sochi

By Alan Baldwin SOCHI, Russia (Reuters) – Lewis Hamilton was left puzzling a ‘very odd weekend’ after struggling to fourth place in Sunday’s Russian Grand Prix while Mercedes team mate Valtteri Bottas celebrated his first Formula One victory. “I can’t explain it right now,” the Briton, still second in the world championship but now 13 …

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Motor racing-Hamilton puzzled by ‘odd weekend’ in Sochi

By Alan Baldwin SOCHI, Russia, April 30 (Reuters) – Lewis Hamilton was left puzzling a ‘very odd weekend’ after struggling to fourth place in Sunday’s Russian Grand Prix while Mercedes team mate Valtteri Bottas celebrated his first Formula One victory. “I can’t explain it right now,” the Briton, still second in the world championship but …

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Turkish President Recep Tayyip Erdogan suggests multilateral dialogue on Kashmir issue

Turkish President who arrived here this evening ahead of talks with Prime Minister Narendra Modi, also favoured India’s bid for membership of the Nuclear Suppliers Group. (Source: Reuters) Turkish President Recep Tayyip Erdogan today suggested a multilateral dialogue to resolve the Kashmir issue to ensure peace in the region. Erdogen, who arrived here this evening …

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Impeachment motion against Nepal’s 1st woman CJ Sushila Karki, Deputy PM Bimalendra Nidhi resigns

Nidhi leads the Nepali Congress, the largest constituent of the current ruling coalition, in the Cabinet. (Reuters) Nepal’s first woman Chief Justice Sushila Karki was suspended today after an impeachment motion against her was registered in Parliament by two major ruling parties that accused her of “interfering” with the executive and issuing “prejudiced” verdicts. As …

Impeachment motion against Nepal’s 1st woman CJ Sushila Karki, Deputy PM Bimalendra Nidhi resignsRead More »

Rahul Gandhi to hold rally in poll-bound Gujarat, CM takes a dig at him

Ahead of Rahul Gandhi’s rally tomorrow in poll-bound Gujarat, Chief Minister Vijay Rupani took a jibe at him today, saying the public meetings by the leader of the “sinking” Congress party will only benefit the BJP. (Reuters) Ahead of Rahul Gandhi’s rally tomorrow in poll-bound Gujarat, Chief Minister Vijay Rupani took a jibe at him …

Rahul Gandhi to hold rally in poll-bound Gujarat, CM takes a dig at himRead More »

Muslims from Kashmir part of BJP’s expansion drive: Amit Shah

More that 30 Kashmiri Muslim youths will be part of the BJP’s expansion drive across the country for six months, its president Amit Shah today said, terming it an ‘encouraging development’ for the party. (Source: PTI) More that 30 Kashmiri Muslim youths will be part of the BJP’s expansion drive across the country for six …

Muslims from Kashmir part of BJP’s expansion drive: Amit ShahRead More »

On Saudi Arabia visit, Germany’s Angela Merkel refuses to cover hair, wear flowing black robe

During her talks with Gulf leaders, Merkel is expected to press them to do more to take in refugees and provide humanitarian relief for those fleeing conflict in Muslim-majority countries. (AP) German Chancellor Angela Merkel arrived on Sunday in Saudi Arabia, where she is expected to press royals on a number of sensitive issues, including …

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The Tata-Docomo lesson

Rules cannot be applied retrospectively The Delhi High Court’s decision on Friday to approve a settlement between Tata Sons and NTT Docomo, allowing the former to buy out the Japanese firm’s stake in Tata Teleservices will, hopefully, end one of the long-pending corporate cross-border disputes in India. Hopefully, because the Reserve Bank of India, which …

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Put new money in shorter-duration bond funds

Limit allocation to longer-duration ones to 20-25% of the portfolio Priya Nair  |  Mumbai  April 30, 2017 Last Updated at 22:54 IST Debt mutual funds (MFs) had a good run until the Reserve Bank of India’s (RBI) monetary policy review in February, when interest rates were left unchanged and the policy stance changed from accommodative …

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Yogi Adityanath government to launch crackdown against RTO touts, plans e-challans for road tax payments

“Our government has accorded priority to ridding RTOs across the state of the menace of ‘dalals’ (touts). As a step in this direction, we are going to bring in the system of e- challans,” the minister said. (PTI) Uttar Pradesh Transport Minister Swatantra Dev Singh on Sunday said that state government led by chief minister …

Yogi Adityanath government to launch crackdown against RTO touts, plans e-challans for road tax paymentsRead More »

11 MNS workers held for burning fabrics of Pakistani brands

The MNS workers entered the Inorbit mall at around 4.30 PM and went to a shop where Pakistani brand fabrics and other products were being sold, a senior police official said. (Representative Image; Credit: PTI) At least 11 Maharashtra Navnirman Sena workers were arrested today allegedly for burning some Pakistani brand fabrics outside a shopping …

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Coming to the multiplex: Movies by machines

Artificial intelligence writing movie scripts? That day has already come If you’re looking for a good movie, I suggest that you try “It’s No Game”. If you’ve never heard of it, that’s okay. The film, just released this week, is a bit less than eight minutes long. It tells the story of a pair of …

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When to bid goodbye to your stock

Having an exit strategy will help maximise your profits and limit the downside Tinesh Bhasin  |  Mumbai  April 30, 2017 Last Updated at 22:35 IST As stock markets scale new highs, many investors are wondering if the rally will sustain. And, whether they should book profits and wait for a correction to re-enter. While timing …

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Petrol, diesel prices to be revised daily from tomorrow

A pilot for daily revision of petrol and diesel prices will be first implemented in Puducherry, Vizag in Andhra Pradesh, Udaipur in Rajasthan, Jamshedpur in Jharkhand and Chandigarh, IOC said in a statement. (Reuters) Petrol and diesel prices will be revised on a daily basis from tomorrow in select towns in sync with international rates, …

Petrol, diesel prices to be revised daily from tomorrowRead More »

Emerging markets remain flavour of ’17

EM funds received $55-bn inflows in Jan-March 2017, compared to the $44.1-bn inflow through 2016 A few years ago, most Indian investors would have, at best, associated France with Shammi Kapoor dangling from a helicopter and serenading Sharmila Tagore as she surfed on the Riviera. Last Monday, however, Indian investors bought quantities of shares in …

Emerging markets remain flavour of ’17Read More »

More steam left in markets

Financials, energy, industrials and materials could be the next growth sectors In a recently published interview, Prashant Jain, chief investment officer, HDFC Mutual Fund, said the Indian market had a six-to-eight year cycle. Stocks and sectors which fall out of favour in one cycle become leaders in the next. Looking at the third quarter (Q3) …

More steam left in marketsRead More »

Soccer-Conte wants Chelsea’s great season to become “fantastic”

By Simon Evans LIVERPOOL, England, April 30 (Reuters) – Chelsea manager Antonio Conte celebrated with his team’s fans at the end of a crucial 3-0 win at Everton on Sunday but then quickly warned that plenty of work remained to be done for his side to clinch the Premier League title. A beautiful, long-range strike …

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Rahul Gandhi to hold rally in poll-bound Gujarat, CM Vijay Rupani takes a dig at him

AHMEDABAD: Ahead of Rahul Gandhi’s rally tomorrow in poll-bound Gujarat, Chief Minister Vijay Rupani took a jibe at him today, saying the public meetings by the leader of the “sinking” Congress party will only benefit the BJP. “The Congress is a sinking boat. It is a proven fact that the Congress loses election wherever they …

Rahul Gandhi to hold rally in poll-bound Gujarat, CM Vijay Rupani takes a dig at himRead More »

Congress President should be elected by consensus: Amarinder Singh

Punjab CM Amarinder Singh. (PTI) The new Congress president should be appointed through consensus and not election as it helps to bind the party and Rahul Gandhi is certainly up to it, Punjab Chief Minister Amarinder Singh said today. He also said that it was up to Sonia Gandhi whether she will continue as party …

Congress President should be elected by consensus: Amarinder SinghRead More »

Aizawl FC script history, win I-League title

In one of the biggest achievements in Indian football history, unheralded Aizawl FC today lifted the I-League crown after they held Shillong Lajong 1-1 in a tense match here. Lajong went ahead in the ninth minute through A Dipanda but Aizawl equalised in the 67th minute through W Lalnunfela as the two sides split points …

Aizawl FC script history, win I-League titleRead More »

Women, kids can use hotel toilets for free in south Delhi starting May 1

The move by the South Delhi Municipal Corporation (SDMC) has been taken as part of its efforts to boost the Swachh Bharat campaign in its area. (Reuters) Starting tomorrow, women and children won’t have to hunt for public conveniences in busy markets in south Delhi as they can access toilet facilities at hotels and restaurants …

Women, kids can use hotel toilets for free in south Delhi starting May 1Read More »

Kashmir: Grenade attack on Srinagar police station; one killed, four injured

the attack was made at the Khanyar police station in the old city area. (Representational Image: PTI) One civilian is reported to have been killed and four others – two civilians and two policemen – were reported injured on Sunday evening in a grenade attack at a police station in Jammu and Kashmir’s Srinagar city, …

Kashmir: Grenade attack on Srinagar police station; one killed, four injuredRead More »

China-built amphibious aircraft takes maiden flight: Xinhua

China is in the midst of a massive military modernisation programme, ranging from testing anti-satellite missiles to building stealth fighters and the country’s first indigenous aircraft carrier. (Reuters) China’s domestically developed AG600, the world’s largest amphibious aircraft, took its maiden flight ahead of schedule on Saturday from the southern city of Zhuhai, according to the …

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Tennis-Nadal eases to 10th Barcelona Open title

By Reuters | Apr 30, 2017, 09.40 PM IST By Richard Martin BARCELONA, April 30 (Reuters) – Rafael Nadal won a record-extending 10th Barcelona Open title on Sunday by thrashing Dominic Thiem of Austria 6-4 6-1, collecting his second claycourt title in a row. Nadal, who won the Monte Carlo Masters for a 10th time …

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Stop construction of Tejashwi Prasad Yadav’s mall: Sushil Modi to Nitish Kumar

The BJP leader has been alleging that Prasad and his family members have got prime plots of land transferred in their names through shell companies. (PTI) Bihar BJP leader Sushil Kumar Modi today sought Chief Minister Nitish Kumar’s intervention to stop the construction work of a mall being constructed by deputy chief minister Tejashwi Prasad …

Stop construction of Tejashwi Prasad Yadav’s mall: Sushil Modi to Nitish KumarRead More »

Drought in Tamil Nadu: Long wait to slake thirst of parched farmlands

Worst drought in the state in 140 years is impacting farmers’ livelihood, and leading to suicides The state is facing the worst drought in 140 years. Water resources are becoming depleted, taking a toll on the livelihood of farmers, which is leading to suicides. T E Narasimhan and Gireesh Babu report from the drought-hit districts …

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Haryana lokayukta seeks report on Soha Ali Khan’s arm licence

Lokayukta Justice (retd) Nawal Kishore Agarwal has yesterday directed the Gurgaon Police commissioner and the force’s Arms Licensing Authority to submit their reports in this connection by July 24. (PTI) The Haryana lokayukta has sought a report from Gurgaon Police on allegations that they provided an arms licence to actor Soha Ali Khan when she …

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Former prime minister Atal Bihari Vajpayee to again skip UP BJP meeting

The 92-year-old former prime minister did not cast his vote in the recent UP Assembly elections. (PTI) Former prime minister Atal Bihari Vajpayee, who is a permanent invitee to the state working committee meeting of the UP BJP, is likely to miss the event again due to his perennial poor health. The two-day state working …

Former prime minister Atal Bihari Vajpayee to again skip UP BJP meetingRead More »

Petrol price raised by 1 paisa a litre, diesel by 44 paise a litre in Delhi

On the midnight of April 15-16, they had raised the price of petrol by Rs 1.78 per litre and that of diesel by Rs 1.22 per litre (including taxes), which came after a long overdue revision on April 1. (Reuters) India’s oil marketing companies today raised petrol price by 1 paisa a litre and diesel …

Petrol price raised by 1 paisa a litre, diesel by 44 paise a litre in DelhiRead More »

UP CM Yogi Adityanath draws flak for sharing stage with murder, accused MLA Amanmani Tripathi

Tripathi, an Independent legislator who is facing charge of murdering his wife, sat a few seats away from Adityanath at the programme organised by BJP yesterday and sought the CM’s blessings by touching his feet. (PTI) Uttar Pradesh Chief Minister Yogi Adityanath today drew flak for sharing the stage with murder- accused MLA Amanmani Tripathi …

UP CM Yogi Adityanath draws flak for sharing stage with murder, accused MLA Amanmani TripathiRead More »

Venkaiah Naidu likens Baahubali 2 to Ben-Hur, Ten Commandments

As I&B Minister, I compliment Rajamouli, the producers and the entire team, the minister said ANI  |  New Delhi  April 30, 2017 Last Updated at 21:02 IST Union Information and Broadcasting Minister Venkaiah Naidu on Sunday joined the nation in raving about ‘Baahubali 2 The Union Minister took to Twitter to applaud Rajamouli and his …

Venkaiah Naidu likens Baahubali 2 to Ben-Hur, Ten CommandmentsRead More »

Petrol price raised by 1 paisa a litre, diesel up 44 paisa a litre in Delhi

On the midnight of April 15-16, they had raised the price of petrol by Rs 1.78 per litre and that of diesel by Rs 1.22 per litre (including taxes), which came after a long overdue revision on April 1. (Reuters) India’s oil marketing companies today raised petrol price by 1 paisa a litre and diesel …

Petrol price raised by 1 paisa a litre, diesel up 44 paisa a litre in DelhiRead More »

Brexit Takes Shape: What We Learned From 27 European Leaders

After almost a year of posturing, the endorsement opens the way for discussions that will culminate with the U.K. leaving the bloc in March 2019 with or without a deal. (Reuters) European leaders unanimously signed off on their negotiating guidelines for the Brexit talks in a matter of minutes at a summit on Saturday. After …

Brexit Takes Shape: What We Learned From 27 European LeadersRead More »

Haryana Police targets bootleggers, arms smugglers, to launch 15-day crackdown from May 1

Replying to a question regarding ‘Operation Durga’, which is aimed at checking eve-teasing in the state, the DGP said the drive would be intensified near schools, colleges, bus stands and railway stations. (PTI) Haryana Police will launch a 15 -day drive across the state from tomorrow to check bootlegging, smuggling of narcotics and arms, crime …

Haryana Police targets bootleggers, arms smugglers, to launch 15-day crackdown from May 1Read More »

‘Kumar Vishwas offered Rs 30 crore each to several lawmakers at BJP’s behest,’ says AAP MLA Amanatullah Khan

Khan circulated a WhatsApp message saying Vishwas had called some AAP MLAs to his home with the offer at the behest of the Bharatiya Janata Party. (PTI) AAP MLA Amanatullah Khan on Sunday alleged that senior leader Kumar Vishwas was conspiring to break the party and had asked some legislators to join the BJP with …

‘Kumar Vishwas offered Rs 30 crore each to several lawmakers at BJP’s behest,’ says AAP MLA Amanatullah KhanRead More »

South Korea, US conduct military drills despite Pyongyang threats

Pope Francis called for negotiations to resolve tensions over North Korea AFP | PTI  |  Seoul  April 30, 2017 Last Updated at 20:12 IST South Korea and the United States wrapped up their annual large-scale military drills on Sunday but continued a separate joint naval exercise that has triggered dire threats from nuclear-armed North Korea. …

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Hiring freeze in pharma sector as Centre pushes for generic medicine

Await clarity on Centre’s generics push; Will write to PMO allowing patients to choose Sohini Das  |  Ahmedabad  April 30, 2017 Last Updated at 19:55 IST Thanks to the latest generic-generic drugs push by none other than the country’s Prime Minister, it is believed pharmaceutical majors have frozen the recruitment of field sales personnel. If …

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Finally, an end to ‘red beacons’ culture from Monday

The red beacon or laal batti, signifies influence and privilege for those in power. But the ban on the red beacon does not affect only them. (PTI) The Union Cabinet earlier this month issued a notification to end the culture of flashing red beacons, more popularly known as ‘Lal Batti’ with effect from May 1. …

Finally, an end to ‘red beacons’ culture from MondayRead More »

Arvind Kejriwal breaks silence on ‘AAP infighting’, says ‘Kumar Viswash is my brother, nobody can separate us’

“Kumar is my younger brother. Some people are trying to showcase a rift between us, such people are the enemy of the party. Nobody can separate us,” Kejriwal said on Twitter. (PTI) Aam Aadmi Party (AAP) chief Arvind Kejriwal on Sunday said that some people are trying to create a rift between him and senior …

Arvind Kejriwal breaks silence on ‘AAP infighting’, says ‘Kumar Viswash is my brother, nobody can separate us’Read More »

Bollywood actress Preity Zinta hails PM Narendra Modi’s move to end VIP culture

Hailing the PM Narendra Modi’s initiatives, Preity Zinta said, it is “lucky” to have a PM like Narendra Modi. (Reuters) Bollywood actress Preity Zinta has hailed Prime Minister Narendra Modi-led central government’s various initiatives taken in the interest of people. The actress praised the PM for his steps taken to end the VIP culture in …

Bollywood actress Preity Zinta hails PM Narendra Modi’s move to end VIP cultureRead More »

BJP MLA says poll tickets be given those who help people in daughters’ marriage

If a leader helps in the marriage of 500 girls in five years, it will also help in increasing the popularity of leaders., says Sharma. (PTI) A Bharatiya Janata Party (BJP) MLA in Madhya Pradesh has suggested that the party should give tickets to those candidates for local bodies elections who have helped at least …

BJP MLA says poll tickets be given those who help people in daughters’ marriageRead More »