Latest News Headlines Mon Jul 30 12:28:44 IST 2018

2. Shri J P Nadda Launches National Viral Hepatitis Control Program
3. PM condoles loss of lives due to a bus accident in Maharashtra
4. Information Technology must focus on Agri-Business and Agri-Markets: Vice President
5. Indian Railways Launches “Mission Satyanishtha” a Program on Ethics in Public Governance
6. International Tiger Day being celebrated today
7. Maharashtra: At least 33 killed in a road accident in Raigad
8. Good governance is the birth right of every Indian says PM Modi in Mann Ki Baat
9. Opposition parties in Pakistan reject result of just concluded elections & demand free, fair re-election
10. Assam to implement Pranam Scheme to ensure that govt staff take care of their parents & physically challenged siblings
11. PM greets people on Guru Purnima
12. ECI Announces Bye-Election Schedule for Ranikor Assembly Constituency in Meghalaya
13. Sindhudurg Airport nearing completion
14. Tiger numbers increasing, need to build a social Movement for Tiger Conservation: Dr. Harsh Vardhan
15. Sensex sets record again, rises over 150 points; Nifty hits 11,300 mark
16. NRC is impartial and no need to panic, assures Home Minister
17. 14 killed, homes damaged in Indonesia earthquake
18. National Energy Policy: NITI Aayog proposes nodal energy ministry ... - Economic Times
19. Outcome of board meeting of Hindusthan Urban Infrastructure
20. Stylam Industries to hold board meeting
21. Arvind to table results
22. Silicon Valley Infotech to convene board meeting
23. Svaraj Trading & Agencies to hold board meeting
24. Sundaram Multi Pap to conduct board meeting
25. Pratibha Industries to discuss results
26. Tirupati Fincorp to hold board meeting
27. OTCO International to convene AGM
28. Sun Techno Overseas to hold board meeting
29. Frontline Securities to discuss results
30. Triochem Products to hold board meeting
31. Hindusthan Urban Infrastructure director resigns
32. Ruckus in RS over NRC in Assam, House adjourned briefly
33. Samsung Galaxy On8 with dual rear cameras to cost around Rs 18,000
34. Challenging gender roles problematic in patriarchies: Pakistani writer (IANS Interview)
35. 23 bodies recovered after Myanmar landslide
36. Modi says India Inc exposure to agro sector just 1%, calls for huge jack up
37. Maruti Suzuki India opens its 450th Maruti Driving School
38. Godrej Consumer Products allots 1.14 lakh equity shares
39. Cerebra Integrated Technologies update on upcoming 2nd factory building
40. International Paper APPM temporarily shuts down Rajahmundry facility
41. Wockhardt sets up its first manufacturing facility in Dubai
42. Morepen Laboratories gets USFDA approval for two bulk drug (API) facilities
43. The 30 Under 30 Asia Honorees Working Towards Sustainability In India
44. Forbes Under 30 Summit Asia 2018: Startups Pitch Onboard Hong Kong's Iconic Tram
45. Mark Zuckerberg's Net Worth Tumbles $18.8 Billion, More In One Day Than Ever Before
46. Channel - Block D - Billionaires - blog - Position 4 - Mark Zuckerberg's Net Worth Tumbles $18.8 Billion, More In One Day Than Ever Before
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60. Text of PM’s address at groundbreaking ceremony of various projects in Uttar Pradesh
61. Government constitutes High Level Empowered Committee headed by Cabinet Secretary to address the issues of Stressed Thermal Power Projects
62. Eye donation, the most noble act after death: Vice President
63. Samsung India will launch Galaxy On8 in 4GB/64GB variant with a rear dual camera setup this week in India for nearly Rs 18,000.
64. US criticizes 'flawed' Cambodian elections
65. The Rajya Sabha was adjourned briefly on Monday after the opposition created pandemonium over the National Register of Citizens (NRC) in Assam terming it "inhuman".
66. Delay in acquiring land for the upcoming Mumbai-Ahmedabad high-speed rail corridor project may push back the date of its launch, but the Railways is going ahead in finalising the various components of the bullet train's rolling stock and passenger facilities.
67. Binary file (standard input) matches
68. Terms & Conditions
69. July 26, 2018
70. PETA to approach college students to promote veganism
71. Lalu admitted to Patna hospital
72. How ablation may help treat atrial fibrillation
73. Vitamin D rich diet may lower cholesterol level in kids
74. Everyone can be a Pad Man: Arunachalam Muruganantham
75. 10 New Cancer Risk Genes Identified
76. IPL: RCB desperate to get back to winning ways against Mumbai
77. Modi slams Opposition, exhorts party workers on BJP’s 38th foundation day
78. Kingfisher Airlines among 18 firms to be delisted from NSE
79. ‘Harry Potter’ star Matthew Lewis marries Angela Jones
80. Disaster management training kills Coimbatore student
81. It's not the final list: Rajnath on NRC draft
82. Recent GST rate cut credit negative: Moody's
83. Air India's problem with its lenders turns worse
84. India eyes Rs 1,70,000 cr in military goods by 2025
85. A top investor is ditching Jhunjhunwala's Aptech
86. Saheb, Biwi aur Gangster 3' review: Powerful performances by Mahie Gill, Sanjay Dutt
87. Mission Impossible: Fallout' is a must-watch
88. Meet, Yane Petkov: The 64-year-old Bulgarian man who set a world record for swimming in a sack
89. How the recent Punjabi migration to Spain & Italy is a departure for the diaspora
90. Hello, Apple: Now, use your voice to get favourite app
91. When Priyanka Chopra introduced Nick Jonas to the Duke and Duchess of Sussex
92. Eyes are the window to the soul: The way they move reveal a lot about your personality
93. NRC release: Assam CM Sarbananda Sonowal congratulates people, calls it a historic day
94. M Karunanidhi continues to be under intensive care; K Palaniswami visits him
95. Checkpoints in Mewat: Pay more & keep paying till cows come home
96. Digital filing in district courts to be a reality soon
97. HSBC India appoints Surendra Rosha as CEO
98. Historic Mughalsarai station to be a history next wk
99. Now, your visa hinges on your online profile too
100. Balanced advantage funds or Balanced MFs?
101. Dividend payers excel on SME platform
102. India News
103. Four largecap funds that beat the benchmark in past two peaks
104. Perform and get paid: Public sector banks plan to link pay with performance
105. 75% of municipal garbage in India dumped without processing
106. The govt is looking at achieving a turnover of Rs 1,70,000 crore in military goods and services by 2025.
107. The update will allow users to tap the microphone icon along the search bar to dictate their search details.
108. Chopra and the Duchess share a good bond and have often been seen spending quality time together.
109. 12:25 PM | 30 Jul
110. bankbazaar.com
111. LOCTITE®
112. Magic Crate
113. The first draft of the NRC process was released in December 31, last year in which around 1.9 crore people out of the total application of 3.29 crore were included.
114. Last month, India shelved a plan to sell a 76 percent stake in Air India due to lack of interest from bidders.
115. Kacholia sold his stake in Aptech, but it was not known whether he exited the counter completely.
116. Ad: Vu 4K TV
117. More bad news for Air India, carrier gets default notices from banks, aircraft lessors
118. BBMP sticks to its guns on telecom cable-removal drive
119. 47 dividend-paying companies clock 45% returns on SME platform
120. Gold Rate Today: Gold prices ease on strong dollar ahead of central bank meetings
121. Commodities outlook: Expect further correction at bullion counter
122. Top intraday trading ideas for afternoon trade for Monday, 30 July 2018
123. Only 66 per cent of registered companies are active: Official data
124. Worst could be over for ICICI Bank: Centrum
125. BBMP officials will provide advance notice to telecom operators about where and when the drive will be carried out. Operators can be present at the site during a drive and identify authorised cables.
126. Non-dividend paying companies could fetch 25 per cent on an average.
127. Nirmal Bang Commodities said, “We expect prices to trade range bound for the day, with major currencies including the dollar in a holding pattern.”
128. Here’s a lowdown on outlook of different commodities as brought out by different brokerages.
129. MCX Mentha oil slipped Rs 61.80 to Rs 1,483.90 at around 10.45 am.
130. Net profit climbed 160 per cent to Rs 528 crore for the March quarter compared with Rs 203 crore in the same quarter last year.
131. Syndicate Bank is a 'Buy' call with a target price of Rs 49 and a stop loss of Rs 44.
132. Brian Hook, senior policy advisor, said that the secretary's announcements would be an economic pillar for America's Indo-Pacific strategy.
133. The Central government has indicated it aims to remove the legal fragmentation governing the e-commerce sector
134. NRC list released with 2.9 cr legal citizen namesThe first draft of the NRC process was released in December 31, last year in which around 1.9 crore people out of the total application of 3.29 crore were included.
135. Fund managers of these four schemes had minimum exposure to midcaps.
136. "When I said invest in ‘chor’ companies, I never meant invest in fly-by-night operators.
137. “Capital adequacy and raising new capital should not be a major concern for ICICI.”
138. The GST Council, chaired by Union Finance Minister, last week cut tax rates on white goods as well as various handicrafts items and paints.
139. The home minister's reaction came after the draft NRC was published today with the names of about 40 lakh residents of the state not being included.
140. We 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 the work that we have been doing is 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 segment 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.
141. Bangladesh seeks decompression chambers for OPVs
142. DARPA seeks to halt threats to US microelectronics
143. The Bangladesh Navy is seeking two deck decompression chambers and associated kit that can be installed on the forecastle of an unspecified type of offshore patrol vessels (OPVs), according to a recent tender released. The chambers should be able to accommodate between eight and 10 men, and have a
144. C4ISR: JOINT & COMMON EQUIPMENT
145. The Bangladesh Navy is seeking two deck decompression chambers and associated kit that can be installed on the forecastle of an unspecified type of offshore patrol vessels OPVs according to a recent tender released The chambers should be able to accommodate between eight and 10 men and have a
146. Airbus Defence revenue down 5 in first half
147. Eurosatory 2018
148. C4ISR AIR
149. C4ISR JOINT COMMON EQUIPMENT
150. Army officer’s affidavit claims his unit behind fake encounters, extortion
151. Oppo Find X pre-order opens up on Flipkart; sale begins on August 4
152. Yamuna bridge temporarily closes for rail traffic after river crosses danger mark
153. Yamuna Bridge (Loha Pul) was temporarily closed for rail traffic as the water level has reached at 205.53 metre mark.
154. Assam NRC Draft List 2018: How to check your name online at www.assam.gov.in
155. Assam NRC Final Draft List 2018: Here is how you can check your name in the final draft of NRC on www.assam.gov.in
156. ‘உண்மையான நாய் நன்றியோடு இருக்கும்’… யாரை சாடுகிறார் சிம்பு?
157. ക്യാഷ് കൗണ്ടറിലെത്തിയ അജ്ഞാതൻ റസ്റ്ററന്റ് ഉടമയെ വെടിവച്ചു
158. Haryana: Pregnant goat dies after allegedly being 'gangraped' by eight men
159. Home
160. World Badminton Championship : एच. एस. प्रणॉय पुढच्या फेरीत दाखल
161. Samsung Galaxy Note 9 S-Pen spotted in new set of leaked images; price of phone revealed
162. RSS dissociates itself from hartal call in Kerala over women entry in Sabarimala
163. Mission Impossible Fallout scores franchise’s best opening
164. Everything you wanted to know about Bariatric surgery but didn’t know whom to ask
165. Roshni and Alisha, aspiring Gurkhas
166. Ladbrokes owner sets up US joint venture
167. Middle East
168. Nepali women will be able to join the British Army in 2020 - here are two who dream of being soldiers
169. The girls who dream of being Gurkhas
170. 10 lakhs plants supplied to farmers free of cost
171. Dist lawyers shun work in support of Maratha agitation for quota in edu and jobs
172. Ghani invites Imran to Kabul
173. Parliamentarians from WHO South-East Asia Region commit to health of women, children and adolescents
174. Public transport vehicles to be under the scanner of the Transport Department
175. RAJNATH URGES LS MEMBERS NOT TO CREATE PANIC ON NRC ISSUE IN ASSAM
176. GOVT HAS NO ROLE IN NRC RELATED WORKS IN ASSAM, SAYS HOME MINISTER
177. Major currencies up