Latest News Headlines Mon Jul 23 22:26:37 IST 2018

2. Culture is a way of life and Religion is a way of worship: Vice President
3. Benefits of Government schemes should reach the poorest of the poor: Vice President
4. Statement of Union Home Minister on N.R.C.
5. Indian students perform well at the International Biology Olympiad
6. KHELO INDIA launches unique programme to nurture sporting talent : 734 youngsters shortlisted for complete scholarship under the KHELO INDIA TALENT DEVELOPMENT Scheme
7. GST COUNCIL RECOMMENDS GST RATES REDUCTION ON SEVERAL GOODS &for specified handicraft items
8. Vice President & Chancellor, Panjab University appoints Vice Chancellor of Panjab University
9. GST rate on Services
10. GST council approves Simplified GST Return
11. Recommendations on opening of migration window for tax payers till 31st August ,2018
12. J&K: Three terrorists killed in encounter with security forces in Kulgam
13. Bihar govt to grant reservation in promotions to Scheduled Castes & Scheduled Tribes
14. SC asks AIIMS to formulate national action plan to combat drug menace
15. Pak's FIA declares Zardari, Faryal and 18 others absconders
16. Congress Working Committee meet underway in New Delhi
17. India bags four medals at Junior Asian Wrestling Championships in New Delhi
18. Govt launches Student Police Cadet programme to make students responsible citizens
19. BJP MPs move privilege notice against Rahul Gandhi for misleading Parliament
20. Rathi, Deepak win gold on concluding day at Junior Asian Wrestling
21. Bihar government to grant reservation in promotions to SCs/STs
22. Work for 18 hours, BJP President tells workers
23. Finance Commission on a visit to Gujarat from today
24. Rain lashes several parts of the country
25. GST relief for common man
26. Home Minister:NRC being updated in impartial manner
27. Jammu and Kashmir: Three terrorists gunned down in Kulgam district
28. Pakistani intruder shot dead
29. Vietnam: At least 10 people died due to floods
30. LPG connection under PMUY
31. Kumbh Mela to be promoted globally to attract foreign tourists;
32. 1200 permits (average) issued per day to the vehicles visiting Rohtang Pass: Tourism Minister
33. Inclusion of Tribes in ST List
34. The Ministry Of Tribal Affairs is currently running 9 schemes for welfare of tribal students
35. Survey in Tribal Areas
36. Schemes launched by Ministry of Tribal Affairs for the welfare of Scheduled Tribes
37. Scheme of Hostels for ST Girls and Boys
38. Government set up high level committee chaired by Union Home Secretary to check mob lynching
39. Import of Natural Gas
40. India beat New Zealand 4-0 to complete series whitewash
41. Rijiju: Lynching issue taken up very seriously by Centre
42. Court grants anticipatory bail to Chidambaram in CBI's Aircel-Maxis case
43. Delivery of 36 Rafale aircrafts to begin next year: Defence Minister
44. HM: India has become foreign Investment destination hub
45. Govt selects 734 athletes for Khelo-India scholarships
46. Heavy Rain, Thundershowers witnessed across the country
47. Border Roads Organisation completes strategic road in Bhutan
48. Insolvency Code amendment bill tabled in Lok Sabha (Lead)
49. Former US Defence chief in Taiwan amid tensions with Beijing
50. Netanyahu meets UN envoy over Gaza crisis
51. Some ticket vending machines not recognising new notes: DMRC chief
52. Some of the old ticket vending machines (TVMs) at metro stations are still not "recognising" new currencies and DMRC is taking up the issue with the vendor, its Managing Director Mangu Singh said here today.
53. Markfed opens shop in Vadodara
54. Cooperative federation Markfed today opened its kiosk at Vadodara in Gujarat to sell more than 90 items, including basmati rice, Saag, Dal Makhni.
55. Rahul to join Congress yatra in Telangana
56. Congress president Rahul Gandhi would participate in the next phase of the partys Jana Chaitanya bus yatra in Telangana, beginning in the first week of next month.
57. Navy chief Lanba visits Marine Commandos unit in J-K
58. Navy chief Admiral Sunil Lanba today visited the Marine Commandos (MARCOS) unit at Watlab in Baramulla district of Jammu and Kashmir, an Army official said.
59. Crimes against SCs/ STs: KTKA social welfare dept releases
60. The Karnataka government's social welfare department has prepared a ready reckoner for police officers to sternly deal with cases of atrocities against scheduled castes and scheduled tribes.
61. Bihar shelter home case: Cops wrap up excavation for inmate's body, say nothing incriminating found
62. A former inmate of a government-funded shelter home for girls here has alleged that a co-resident was beaten to death and buried in the premises when she resisted sexual exploitation, and several other girls were raped, prompting the Bihar police to dig up the courtyard to look for the body.
63. Pope, Catholic Church can play central role in promoting religious freedom: Pompeo
64. Pope Francis and the Catholic Church can play a central role in promoting religious freedom, US Secretary of State Mike Pompeo said today.
65. Highlights From Forbes Under 30 Summit Asia In Hong Kong
66. 15 Tips for an Amazing Sailing Vacation in Croatia
67. Porsche Celebrates 70th Anniversary with Two New Limited-Edition Watches
68. Jeff Bezos' Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day
69. Channel - Block C - Lifestyle - blog - Position 1 - 15 Tips for an Amazing Sailing Vacation in Croatia
70. Channel - Block C - Lifestyle - Position 1 - Catherine Sabino
71. Channel - Block C - Lifestyle - blog - Position 2 - Porsche Celebrates 70th Anniversary with Two New Limited-Edition Watches
72. Channel - Block C - Lifestyle - Position 2 - Elizabeth Doerr
73. Channel - Block D - Billionaires - blog - Position 4 - Jeff Bezos' Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day
74. Channel - Block D - Billionaires - blog - Position 5 - Papa John's CEO Pledges To Fix Culture, But Sidesteps Most Allegations About Himself
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90. Insolvency Code amendment bill tabled in Lok Sabha
91. A bill to amend the Insolvency and Bankruptcy Code, 2016, allowing an allottee of a real estate project to be treated as a financial creditor was introduced in the Lok Sabha on Monday, amid allegations from opposition parties that some changes were intended to "help just one industry".
92. (12 minutes ago)
93. A bill to amend the Insolvency and Bankruptcy Code, 2016, allowing an allottee of a real estate project to be treated as a financial creditor was introduced in the Lok Sabha on Monday, amid allegations from opposition parties that some changes were intended to help just one industry.
94. Motor Vehicle Bill is to dilute states power, help corporates: Opposition
95. Former US Secretary of Defence Ash Carter arrived in Taiwan on Monday to address a security forum, the island's Ministry of Foreign Affairs said.
96. Goa BJP calls Rahul 'loafer' for winking in Parliament
97. Optiemus launches BlackBerry KEY2, aims for 10% market share in India (Lead)
98. Banking upon BlackBerry's iconic image in India, Optiemus Infracom Limited -- the firm that owns the rights to manufacture and sell BlackBerry-branded smartphones in the country -- is aiming to capture 10 per cent of the market share in segments it is currently present in, a senior company executive said on Monday.
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110. Why passive investing is on a rise
111. Cong to go with Rahul's face in 2019
112. Of 16 major power, irrigation projects, only 5 under execution: CAG
113. Narendra Modi becomes first Indian PM to set foot in Rwanda
114. Collective singing of falsehood by Congress to defend Rahul: BJP on Rafale price issue
115. 60 cr people face high to extreme water crisis in India
116. Bill for quick prosecution in cheque bounce cases passed by Lok Sabha
117. What can India gain or lose from Pak polls?
118. Trump's a trump card for this Indian-origin family
119. Indo-Pak relations have remain strained over the issue of Kashmir and 2008 Mumbai attacks.
120. Red Bull
121. We have four stores at present - two in Agra, and one each in Meerut and Lucknow," President and CEO of Walmart Krish Iyer said today.
122. Posting the matter for directions on August 10, the tribunal has instructed the respondent, in this case, the Telecom Department "not to giv...
123. Ad: Loctite
124. Indian Oil investing over Rs 11,900 crore in Bengal for various projects
125. PNB gets Rs 2,816 crore as part of government's capital infusion plan
126. Modi becomes first Indian PM to visit Rwanda
127. en-gb2018-07-23T22:25:34+05:30
128. Posting the matter for directions on August 10, the tribunal has instructed the respondent, in this case, the Telecom Department "not to give effect to the decision which it may take in the meantime".
129. The Human Resource Development Minister said that the government is on the verge of formulating the National Education Policy, "which is almost ready and is giving a final shape to it".
130. en-gb2018-07-23T22:16:24+05:30
131. None of the five projects is near completion and the anticipated benefits in terms of creation of irrigation potential and augmentation of water and power generation were yet to accrue, the report observed.
132. Crisil's analysis shows HAM projects being awarded over the next two years will need about Rs 70,000 crore of funding through an optimal mix of debt and equity.
133. en-gb2018-07-23T22:22:37+05:30
134. en-gb2018-07-23T22:13:11+05:30
135. What can India gain or lose from Pak polls?Indo-Pak relations have remain strained over the issue of Kashmir and 2008 Mumbai attacks.
136. Massive fire breaks out at Ayodhya railway stationNo casualty, however, was reported due to the fire, which broke out early today between 1 am and 2 am.
137. Modi becomes first Indian PM to visit RwandaThe Prime Minister's aircraft landed at the Kigali International Airport where he was given a red carpet welcome this evening.
138. Trump's a trump card for this Indian-origin familyThe Chawlas have signed a deal to open three budget-friendly properties under the new American Idea brand.
139. None of the five projects is near completion and the anticipated benefits in terms of creation of irrigation potential and augmentation of water and power generation were yet to accrue, the report observed.
140. No casualty, however, was reported due to the fire, which broke out early today between 1 am and 2 am.
141. By Ila PatnaikIndia needs a strategy to get the government out of banking. Non-performing loans among state-owned banks -- a legacy of India’s socialist past which account for nearly 70 percent of deposits -- have crossed 5 percent of GDP. The central bank has restricted lending at 11 of them and forced one, IDBI Bank Ltd., to sell itself to the government-owned Life Insurance Corporation of India.State banks have repeatedly been a burden on the exchequer and will almost certainly continue to be so. The great need is to increase the number and size of private banks, which have performed better than their public-sector counterparts. Unfortunately, the government just abandoned the one policy that would have eased such a transition.Earlier this month, according to reports, the administration of Prime Minister Narendra Modi decided to withdraw the Financial Resolution and Deposit Insurance bill from parliament. The bill was meant to address the biggest hurdle in dealing with failing banks: There’s no way to sell them off.The current legal framework only allows struggling banks to be merged or liquidated. While the banking regulator, the Reserve Bank of India, has in the past forced healthier banks to swallow up weaker ones, there are very few state banks strong enough now to take on such a burden. The only other option is to sell off each loan or asset one by one, which can take as long as 10 years.With no other options, the government has been recapitalizing loss-making banks -- essentially pouring taxpayer money down the drain (including into Punjab National Bank, which lost nearly $2 billion in a corruption scandal). Selling off IDBI only puts the bank’s problems onto the balance sheet of LIC, one of India’s biggest insurance companies.The FRDI bill would have done two critical things. Most directly, it would have created a mechanism to sell a bank as a living entity to another bank. A Resolution Corporation, similar to the Federal Deposit Insurance Corporation in the U.S., would have been created to take over failing banks and either run them temporarily, sell them, infuse equity or, as a last resort, liquidate them.Second, once such a framework was in place, the RBI would have had much greater flexibility to give out licenses for more private banks. The central bank has hesitated thus far to increase their number, despite repeatedly promising to do so, because there was no easy way to deal with the new banks if they ran into trouble. The FRDI bill would have made the prospect of creating new banks much less risky.Politics doomed the bill. One clause gave the proposed Resolution Corporation the option of “bailing in” troubled banks -- using uninsured depositor money to infuse equity into the bank if a buyer couldn’t be found. The optics, at a time when many state banks look like they’re on the verge of failure, were terrible. Worse, most Indians didn’t realize that their deposits were only insured up to 100,000 rupees (less than $1,500). Pensioners worried they might be stripped of their life savings.These problems could easily have been fixed. The “bail in” clause could have been scrapped, and insurance limits raised. If the insurance were raised to $20,000, virtually all depositors would be covered.Abandoning the bill entirely, by contrast, will have far-reaching effects. Unless India can find a way to shrink the state banking sector, it’ll be hard if not impossible to revive lending and investment. Small enterprises in particular are desperate for bank finance.The Modi government may be right that “big bang” reforms -- liberalizing land and labor markets, for instance -- are too politically difficult. But it’s done a good job thus far implementing smaller changes that can have a big impact, such as the Bankruptcy Code passed last year that does for companies what the FRDI bill would have done for banks. If India can’t even manage these less-striking reforms, the chances of boosting growth into the double-digit range are remote.And there’s a scarier prospect as well. The share of deposits in private banks have increased in the last two years from a quarter to a third of the total. Under current conditions, it’s not clear what the government and RBI would do if a big private bank failed. There are no public-sector banks healthy enough to buy out a big bank. There’s no fiscal space to infuse equity, as public banks are already bleeding the government's coffers.A high-profile liquidation could possibly trigger a contagion. Many countries set up resolution regimes after the global financial crisis, understanding the grave impact of a banking failure on the real economy. India may soon come to regret not doing so as well.
142. US retail major Walmart will open six more stores in Uttar Pradesh soon, taking the number of such outlets to ten,a top company official said. "We have four stores at present - two in Agra, and one each in Meerut and Lucknow," President and CEO of Walmart Krish Iyer said today. He was addressing reporters after launching Walmart India's second B2B Fulfilment Centre here -- the first in Uttar Pradesh and the second in the country after Bhiwandi, Mumbai, which was set up last November. "Uttar Pradesh is a very important and priority growth region for us and we are further expanding our business in the state to support kiranas, small farmers and local suppliers to help make them successful," Iyer said. "The next such centre will be set up in Hyderabad," he said. Iyer said that these centres would support 'kirana shops' and other small businesses. "It aims to contribute to local and state economy by creating thousands of job opportunities at the local level, besides giving a boost to the SME sector and the farmers," he said. "The Fulfilment Centre will cater to the business needs of under-served small businesses such as kiranas (re-sellers), offices and institutions, and hotels, restauants and caterers," he said. Walmart also plans to set up its 'Best Price' stores at various locations in Uttar Pradesh, including Kanpur, Moradabad, Varanasi, Gorakhpur, Sharanpur, Lucknow and Ghaziabad.
143. Debt-ridden Reliance Communications has got a temporary reprieve from telecom tribunal TDSAT till August 10 on licence and spectrum cancellation showcause notice served by the Department of Telecom.Posting the matter for directions on August 10, the tribunal has instructed the respondent, in this case, the Telecom Department "not to give effect to the decision which it may take in the meantime"."If so advised, the respondent may file a reply or short reply by the next date and bring on record of the decision taken by them, if any. The respondent is directed not to give effect to the decision which it may take in the meantime," TDSAT said in an order today.The Anil Ambani-owned company RCom had recently approached the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against the government's showcause notice on spectrum and licence cancellation.A source privy to the development said that the company today informed the TDSAT that while DoT has raised a demand for payment of Rs 774 crore on the company, the said payment has already been made to the government through encashment of previous Bank Guarantees or BG.Therefore, RCom only needs to renew the encashed bank guarantees, which anyway will be payable only in March 2019, the source added."RCom, in a letter to DoT (Department of Telecom)...has pointed out that the BGs encashed so far were for FY 2018-19, and thus those payments are already vesting with DoT....RCom wrote that DoT is sitting on additional funds far in excess of demand amount (nearly Rs 2,540 crore)," they said.So the claim on RCom of Rs 774 crore is merely to replenish encashed bank guarantees, said source familiar with the RCom's thinking on the issue.In its petition, RCom said it had approached the tribunal in anticipation of DoT's move (on termination or revoking of licences and withdrawal of spectrum) given that thousands of jobs and millions of subscribers would be at stake.RCom requested the TDSAT to set aside and quash the showcause notices dated June 19, 2018 and June 22, 2018 and "restrain" Telecom Department from terminating or revoking the licences or revoking the spectrum held by the company.In its plea, RCom also sought that time till August 31 be given to the company to reinstate the bank guarantees that have been encashed by the Telecom Department.RCom has entered into an agreement with Reliance Jio to sell spectrum and other telecom assets for around Rs 17,000 crore and clear its debt partially. If DoT cancels licence or revokes spectrum of RCom, the present deal will be adversely impacted.RCom is under debt resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC) and has not been paying any dues till the completion of the process.RCom has said that if the deal with Reliance Jio goes through, the latter will take on deferred spectrum payment liabilities and any BGs given now by RCOM would anyway be replaced by the acquirer shortly.
144. en-gb2018-07-23T22:14:07+05:30
145. India's special forces getting equipment upgrade
146. Iran announces mass production of Fakour air-to-air missile
147. Indias special forces getting equipment upgrade
148. Iran announces mass production of Fakour airtoair missile
149. Farnborough 2018 Lockheed Martin TRS codify NATO BMD partnership
150. Alia Bhatt: I have realised there is no need to defend nepotistic nature of the industry
151. Meet NT Lalbiakkima â€" the boxer who trained by running around Mizoram with a heavy stone
152. I plan in advance before visiting a new country, says Jasprit Bumrah
153. Chinese premier calls for crackdown on vaccine industry amid outcry
154. Qualcomm-NXP deal faces moment of truth with China ‘Yes’ or ‘No’
155. West Bengal: Four women assaulted by mob on suspicion of being child-lifters
156. Madras HC quashes CBI’s look out circular against Karti Chidmabaram
157. Vishnu Priya, Dhanvir Singh set meet records on final day of Youth Nationals
158. German FA ’emphatically rejects’ Mesut Ozil’s racism accusation
159. A lawmaker stands disqualified if conviction not stayed: SC
160. World Championship-bound junior cyclists’ visa applications rejected, CFI still hopeful of clearance
161. Honor 9N India launch set for July 24 launch: How to watch live stream, timings, etc
162. Updated 2 hours ago
163. Updated 32 mins ago
164. Updated 51 mins ago
165. Updated 5 hours ago
166. Jayant Sinha lauds Jet Airways’ response to medical emergency on Mumbai-London flight
167. Greece: Forest fire burns west of Athens, residents forced to flee 
168. Forest fires are common in Greece during the hot, dry summers. The worst by far occurred in 2007, when large swaths of forest and farmland…
169. डिबेट में एंकर ने पैनलिस्‍ट को लताड़ा, कहा- कार्टून, ड्रामेबाज à¤"र एहसान फरामोश
170. Mumbai: Man dies after taking cancer medicine, chemist arrested
171. Know the young stalwarts revolutionizing the Indian realty sector