Monday, July 30, 2018

Latest News Headlines Mon Jul 30 11:34:39 IST 2018

  1. Text of PM’s address at groundbreaking ceremony of various projects in Uttar Pradesh
  2. Government constitutes High Level Empowered Committee headed by Cabinet Secretary to address the issues of Stressed Thermal Power Projects
  3. Eye donation, the most noble act after death: Vice President
  4. Share knowledge & expertise with farmers to make agriculture sustainable & nutrition-rich: Vice President tells scientists
  5. India seal place in knock-out stage of Women's Hockey World Cup in London
  6. Yamuna continues to flow above danger mark in Delhi
  7. Annual Unified Commanders' Conference to be held today to review country's security preparedness
  8. Vice President M. Venkaiah Naidu pitches for diversifying agriculture to improve nutrition level of food crops
  9. Complete draft of NRC to be published in Assam this morning; Elaborate security arrangements made across state
  10. Information Technology must focus on Agri-Business and Agri-Markets: Vice President
  11. Indian Railways Launches “Mission Satyanishtha” a Program on Ethics in Public Governance
  12. Shri J P Nadda Launches National Viral Hepatitis Control Program
  13. PM condoles loss of lives due to a bus accident in Maharashtra
  14. National Energy Policy: NITI Aayog proposes nodal energy ministry ... - Economic Times
  15. Karunanidhi's condition continues to be stable
  16. Monsoon intensity recedes in Himachal
  17. Delhi CM monitoring Yamuna evacuation
  18. Apple offers free repair of its products for flood-hit Japanese users
  19. US criticizes 'flawed' Cambodian elections
  20. Trump, NYT editor give contradictory versions of meeting
  21. Iranian students protest against IAEA inspections of universities
  22. IRCTC case: Delhi court summons Lalu Yadav, wife, son Tejashwi as accused
  23. Assam: NRC final draft out; 4 million applicants find their names missing
  24. This agrochemical stock zoomed over 100% in 2018
  25. India-Israel agriculture project, Centre of Excellence for Vegetables, Haryana
  26. Representative Image
  27. Rafale deal row: Why procedure should be seen as no less crucial than price
  28. Zydus receives USFDA tentative approval for Vardenafil Hydrochloride Tablets USP
  29. Godrej Consumer Products allots 1.14 lakh equity shares
  30. This Week In China Tech: AI Disrupting Insurance Claims, China Opens Airspace For Drones And More
  31. Forbes Under 30 Summit Asia 2018: Startups Pitch Onboard Hong Kong's Iconic Tram
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  45. Vivo NEX: Pop-up selfie fun in a true all-screen device
  46. Days after moderate to heavy showers led to abnormal rise in the water levels of most of the rivers, the hills of Himachal Pradesh is witnessing subdued rainfall activity, the Met said on Monday.
  47. Apple will help the flood-affected Japanese people by undertaking free repair of iPhones, iPads, iPods, Mac computers, Apple Watches and Apple's displays damaged in the torrential rains that hit the western part of the country earlier this month.
  48. Modi says not afraid of being seen with industrialists, opposition hits back (Roundup)
  49. (2 minutes ago)
  50. Apple will help the flood-affected Japanese people by undertaking free repair of iPhones, iPads, iPods, Mac computers, Apple Watches and Apples displays damaged in the torrential rains that hit the western part of the country earlier this month.
  51. Narayan Bhargava Group Introduces 'My Branch
  52. Eminent Bengali author Ramapada Chowdhury passes away
  53. CCTV installation rules only at draft stage: LG's office
  54. Delhi Chief Minister Arvind Kejriwal on Monday directed his Transport Minister Kailash Gehlot to visit the people affected by the flood waters of the Yamuna river and ensure arrangements for the displaced people. The authorities, meanwhile, continued evacuating the affected people to safer places.
  55. DMK President M. Karunanidhi's health condition is stable and his vital signs are normal on Monday, said a party spokesperson.
  56. Ghaziabad authorities get cracking, order sealing of 292 buildings
  57. In the wake of flooding of roads and parking lots, road cave-ins and wall collapse threatening buildings, Ghaziabad authorities has cracked the whip on constructions done in violation of rules and ordered the sealing of nearly 300 such buildings, an official said on Sunday.
  58. Pop-up cameras in a smartphone? Well, marriages may be made in heaven but on Earth, smartphones are definitely leaning towards cameras, introducing sliding structure that nearly mirrors the way a semi-DSLR camera works.
  59. Boost Immunity With Nutritious Recipe
  60. Karunanidhi’s condition continues to be stable
  61. Rohit Bal Gives Couture Twist to Kashmir’s Floral Beauty
  62. !-- super cache --
  63. Home | The Correspondent
  64. Cancer survivors to share their experiences at Hyderabad meet
  65. Anupam Kher hopes to create awareness on relevant social issues
  66. Daily exercise may boost better lung function among smokers
  67. Acupuncture may not boost chances of IVF success
  68. Why flight attendants are at high risk of cancer
  69. Reducing job strain may lower risk of new mental illness cases
  70. Kanye West had Suicidal Thoughts
  71. Australian dollar falls to lowest in 2018
  72. Would love to do a sports-centric film: Ranbir Kapoor
  73. White lies of virtual Space : Twitter users spread falsehoods during disasters
  74. White lies of virtual Space : Twitter users spread falsehoods...
  75. Karnataka braces to watch longest lunar eclipse
  76. Djokovic Advances to Wimbledon Quarterfinals
  77. Trump slams White House Correspondents’ Association
  78. Best tea combinations to try this monsoon
  79. Walmart discovers why the "last mile" is the hardest
  80. Fudged facts on your return? Here's how to avoid trouble
  81. In pursuit of success: Money and fame may lead to alienation, depression
  82. How a school of hip-hop brought stardom to a young rapper from Dharavi
  83. Loaded with history, colour and culture, Lima is Latin America’s best-kept secret
  84. MiniTool ShadowMaker Free 2.0 review: This tool will let you schedule backups
  85. Why you should opt for the portfolio or plant-based diet to reduce risk of heart disease
  86. Don't want to set a reminder everyday? Now, you can schedule tasks on Google Assistant
  87. After Priyanka Chopra quits 'Bharat', director says he will announce new leading lady soon
  88. Lalu Prasad Yadav, wife, son summoned as accused in IRCTC case
  89. NRC publication: Assam CM appeals to people to maintain peace
  90. Paid news: EC may challenge Delhi HC order on disqualification of BJP’s Narottam Mishra
  91. RAW sacks 4 joint secy-level officers for ‘non-performance’
  92. India key partner of US in Indo Pacific region
  93. Insurance cos to decide your office canteen menu
  94. ET Wealth
  95. Seven small steps to saving lakhs
  96. मेंथा à¤'यल रेट: मुनाफावसूली से मेंथा à¤'यल में भारी गिरावट, 1500 के नीचे पहुंचा भाव
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  98. 7 ITR filing 'clever' moves that the tax department will spot easily
  99. Agri Min suggests green logistics corridor, use of e-comm to boost exports to $60 bn by 2022
  100. Artists use social media as canvas to talk about mental illness
  101. This 15-year-old Indian-American is an engineer, doing PhD in US
  102. Assam NRC Live
  103. Assam NRC List
  104. Special Judge Arvind Kumar directed them to appear before the court on August 31 in a case related to alleged irregularities in granting operational contract of two IRCTC hotels to a private firm.
  105. 11:24 AM | 30 Jul
  106. bankbazaar.com
  107. Goodlifenutrition
  108. Amazon SME
  109. Ad: PokerBaazi
  110. Iran's rial hits record-low 100,000 to the dollar
  111. Didn't find your name in final Assam NRC list? Here's what you should do
  112. Pub closures & music ban: Who is to blame?
  113. 75% of municipal garbage in India dumped without processing
  114. Final NRC list released with 2.9 crore citizens. Here is how you can check your name
  115. Stuart Broad accepts England quicks could be rested during India series
  116. NRC list released with 2.9 cr legal citizen names
  117. India R&D moving up the value chain at DellEMC
  118. The representative of parties agreed to extend whole-hearted support to the authorities involved in preparing the NRC.
  119. To obtain a license to play music, pub owners have to submit the building plan sanctioned by the BBMP, NOC from the fire and emergency services and electrical inspectorate, apart from the occupancy certificate.
  120. The remarks by a senior US diplomat came ahead of the announcement by the US of initiatives for development and economic assistance in the entire region.
  121. According to Walmart data, people who shop in stores and become online customers spend nearly twice as much as those who shop at one or the other.
  122. England's experienced new-ball duo of James Anderson, the national all-time leading Test wicket-taker, and Broad both proved their fitness in the recent round of County Championship matches.
  123. India is well placed to manage disruptive technologies with its talented youths showing innovations and new ideas through start-ups," said MD of Accenture Strategy.
  124. India key partner of US in Indo Pacific regionThe remarks by a senior US diplomat came ahead of the announcement by the US of initiatives for development and economic assistance in the entire region.
  125. NRC list released with 2.9 cr legal citizen names
  126. Ambani now takes aim at Flipkart, AmazonKOLKATA: Walmart-owned Flipkart and Amazon may soon face intense competition from Mukesh Ambani’s Reliance Retail, which has just ventured into online sales of smartphones, televisions, refrigerators and air-conditioners, two senior industry executives said.Reliance Retail, which is the country’s largest brick-and-mortar retail chain, has launched an online shop front for its smartphone and electronics format Reliance Digital, which is also the country’s largest electronics retailer. These categories are the largest pie of Indian ecommerce accounting for almost 55-60% of the business of Amazon and Flipkart. Reliance will be gearing up to take a sizeable share of online sales of smartphones, televisions and electronics for the upcoming festive season with price-competitive deals and offers matching that of these two top online marketplaces.An industry executive said Reliance will run heavy discounting from time to time on some products like exclusive models and old models like other online marketplaces, while other products will be priced at par with the Reliance Digital offline stores. “Nevertheless, Reliance Digital already has an aggressive pricing for its offline stores which are, at times, even the lowest in the market and top brands like LG, Samsung, Sony, Xiaomi and Panasonic now control most of the online discounts so pricing will be quite competitive with Amazon and Flipkart,” he said. The company will also differentiate itself with its in-house service wing, ResQ, which does installation, demo and aftersales service for the products. The Reliance Digital and smaller Jio stores will act as fulfilment centres for the online orders. Reliance was piloting online sales of mobile phones and consumer electronics for employees for over a year. “The commercial operation has just been launched across India. While this is an omni-channel expansion of Reliance Digital, there will be dedicated focus on making the online operation successful,” another executive said. An email sent to Reliance Retail did not elicit any response till Sunday press time.
  127. BoB has seen 15-20% growth in last 3 quarters: PS JayakumarWe are starting off with a lower base of problem accounts and the ability to contain NPAs as well as the ability to collect more has helped us, PS Jayakumar, MD, Bank of Baroda, tells ET Now.Edited excerpts: This has been a better quarter for you. You have reported a profit this quarter versus the last and slippages have sharply come down as well. What would you attribute this kind of numbers to?The last quarter probably is not the most appropriate quarter to compare with. There were some accounting related changes coming from the RBI policies. There was a bunching up effect of that but really we have been working on this transformational journey for a couple of years now. The effect of all work that we have been doing is now beginning to manifest itself in financial results. The growth per se has been visible over the last three quarters where the rate of growth has been between 15% and 20%, at least higher than 15% ,Right now, the extent of the incremental non-performing asset has come down partly because the bad accounts have moved into NPA and partly because the new loans have been of very good quality. As a result, they are not adding to the pipeline of the problem. Third, so far, the realisation or rather the resolutions have been muted but with a few successes in the IBC, the effect of the flow of recovery from them is also obviously helping the net NPA position. What led to sharpening in lower slippages and slightly better recoveries? Which sectors are showing improving trends? Even the last quarter saw a considerable reduction in the SMA 2 and SMA 1. Those loans that get NPA status are those that are delinquent at the point of the close of the quarter. So, very clearly, we are starting off with a lower base of problem accounts and the ability to contain them as well as ability to collect more has helped us in the situation. I do not think there is any new segments or areas that are coming up as NPAs. The new set of accounts that we are working on are of extremely high quality. So, incremental business is not resulting in any further slippages. The problems are rather limited to the legacy issues which are getting resolved and carry forward is becoming less. How much of the NCLT cases have shown resolution already? You had held about 60% of the cover on NCLT exposure. How much more would you need to provide for going further? Let me start from the beginning. For us, the PCR ratios have historically been kept conservative and whenever we had the opportunity to take additional provisions, we have taken it. In some areas, our accounting policies have also been conservative. For example, we provide 100% if the mortgages are not enforced in two years’ time. We also take provisions on non-fund based business on NPA accounts as well.For a variety of reasons, our approach has always been to provide as much as we require and keep the coverage ratios high. That is adequate but there is also this aging provision that kicks off. It is time related and to the extent, may not be adequate in certain cases.The analysis is really that the aging provision that happens through the course of the year would cover up whatever gap that might be there. In other words, we are well provided for but should there be need for incremental provisions, the aging provisions would kick off. If these accounts are not resolved, they would be adequately provided for in the law. Where do you see slippages in recoveries run rate by end FY19? Also, where do you see gross as well as net NPAs by end of the financial year? I would rather try to explain to you in terms of range rather than give a specific number because it is difficult to give a specific number. We are looking at a NPA number between 3.5% and 4.25% as we conclude the financial year 2019. It has made a number of assumptions which includes certain amount of resolutions and expectation of behaviour of the existing portfolio. There is very reasonably good odds or high probability that it will be close to the 100 bps to 125 bps lower from the current level. What has led to this slight decline on a sequential basis in your advances and the deposit growth? We always compare YoY because of the seasonality factors. Usually the last quarter is the busy season. The last two quarters are very good quarters. So, the appropriate thing to do would be to compare it on a year on year basis. Again, when you look at the sequential numbers, there are two ways to look at it. One, end of period number and two, an average number. Remember, we earn interest on the average balances and not in the end of period balances. In revenue, the sequential growth is fairly strong and that is the same with respect to our balance sheet as well. So, yes, on an end of period basis, there is a decline and a certain degree of seasonality but on an average outstanding receivables basis and average revenues also. sequential revenues have increased. So, that is the real position.We are seeing a continued increase in our balance sheet and customer numbers. Correspondingly, both the outstanding balances that we have on the customers and on a year on year basis, has seen a very healthy growth both on an average basis as well as an end of period basis. Media has reported that you are a strong contender for Axis Bank’s next top position. Could you confirm if there is any possibility or any dialogue in this regard? I have already done that. I do not want to say that once more. We are on record as saying those are speculative and that I have neither considered nor met or interviewed with anybody for any position in Axis Bank.
  128. There is an increased expectation from corporate headquarters to own and influence architecture of next-gen products and participate in the entire product development cycle in India.
  129. IRCTC scam case: Lalu Yadav, Rabri Devi summoned by Delhi court as accused
  130. Sensex rises over 150 points to a new lifetime high; Rupee slips 15 paise against US dollar
  131. Parliament monsoon session LIVE UPDATES: Rajya Sabha witnesses disruptions, adjourned till noon
  132. LG V35 Signature Edition is launching on soon with a $1800 price tag
  133. Anand Ahuja’s birthday celebration: From Sonam Kapoor’s special cake to Rhea Kapoor’s gift
  134. Parliament monsoon session LIVE UPDATES: Rajya Sabha witnesses disruptions, adjourned till noon
  135. IRCTC hotel-for-land scam: Lalu Yadav, Rabri Devi summoned by Delhi court as accused
  136. Anand Ahuja's birthday celebration: From Sonam Kapoor's special cake to Rhea Kapoor's gift
  137. Fanney Khan director Atul Manjrekar: Actors now see merit in the story
  138. Akshay Kumar: Frivolous to compare Gold with Chak De! India
  139. Assam NRC Final Draft List LIVE Updates: No coercive action will be taken against anyone, says Rajnath Singh
  140. Writing on the wall: Government schools turn English medium
  141. Sensex rises over 150 points to a new lifetime high; Rupee slips 15 paise against US dollar
  142. क्या सच में कुब्रा सैत ट्रांसजेंडर हैं? सैक्रेड गेम्स की ‘कुकू’ ने बताई अपनी हकीकत
  143. देशातील घुसखोरांची माहिती समोर येणार; आसाममध्ये सिटिझन रजिस्टर प्रसिद्ध, ४० लाख नागरिकांची नावे वगळली
  144. கருணாநிதி உடல்நலம் தொடர்பாக கல்லூரிகளுக்கு விடுமுறையா? வதந்திக்கு முற்றுப்புள்ளி வைத்த அண்ணா பல்கலைகழகம்
  145. കരുണാനിധിയുടെ ആരോഗ്യനിലയിൽ പുരോഗതിയെന്ന് എടപ്പാളി പളനിസ്വാമി, ആശുപത്രിയിൽ സന്ദർശിച്ചു
  146. LG V35 Signature Edition is launching soon with a $1800 price tag
  147. LG V35 Signature Edition is launching soon with a $1800 price tag
  148. Kangana Ranaut's pantsuit has us convinced to go with the serene hues of baby pink this season
  149. Kangana Ranaut’s pantsuit has us convinced to go with the serene hues of baby pink this season
  150. Star Wars Episode IX cast announced: Mark Hamill and Carrie Fisher return
  151. A woman holds up a draft list of the National Citizen's Register in Assam
  152. It’s almost as awkward as turning up to a party when you weren’t invited at all
  153. Ahed Tamimi
  154. Prison guard beats man's feet
  155. Woman sits outside a damaged house in Sembalun Bumbung village
  156. BBC News
  157. Sara Cunningham came to terms with her son being gay - now she helps others disowned by their parents.
  158. Alice
  159. Emojis for "Input symbol" - a block of the letters ABCD - and "aerial tramway" - a pictogram of a cable car
  160. BBC Trending
  161. Science & Environment
  162. ठीक कहा, मुल्क को पटवारी चलाता है या प्रधानमंत्री
  163. آسام Ú©Û' 40 لاکھ باشندوں Ú©ÛŒ شہریت خارج
  164. NRC : आसाममधले 40 लाख रहिवासी भारताचे नागरिक नाहीत
  165. The obscure 'input symbol for Latin capital letters' is now less popular than 'aerial tramway' on...
  166. India strips four million of citizenship
  167. Where it's rude to be on time
  168. Ahed Tamimi released from prison
  169. Evidence of torture in Russia prison
  170. One-minute World News
  171. Meet the 'stand-in mom' at LGBT weddings
  172. I have 1,000 babies named after me
  173. These are the least popular emojis
  174. FLASH 2
  175. Ghani invites Imran to Kabul
  176. FLASH 1
  177. Sensex surges by 155 pts at 37,491 35 pts, new record high
  178. RAJYA SABHA ADJOURNED TILL 1200 HRS OVER ASSAM NRC ISSUE

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