Latest News Headlines Mon Sep 3 12:11:08 IST 2018

Brazil's 200-year-old national museum hit by huge fire
Iraq's Sadr and Abadi form biggest parliamentary bloc
Myanmar judge convicts two Reuters reporters in landmark secrets case
Air Chief Marshal BK Dhanoa reaches Naypyitaw on the first leg of official visit to Myanmar and Malaysia
Bi-annual talks between Indian and Bangladeshi border forces to begin in New Delhi today
Janmashtami being celebrated across the country
Defence Minister Nirmala Sitharaman reviews security situation in Jammu and Kashmir
President Ram Nath Kovind calls upon Indian diaspora in Cyprus to contribute to nation building process
Serena Williams, Rafael Nadal, Dominic Thiem and John Isner advance into quarter-finals of US Open Tennis championship
England defeats India with 60 runs in fourth test match
JnK: Security forces launch massive search operation in over a dozen villages in Pulwama district
Bi-annual talks between Indian and Bangladeshi border forces to begin in New Delhi today
President Ram Nath Kovind calls upon Indian diaspora in Cyprus to contribute to nation building process
Defence Minister Nirmala Sitharaman reviews security situation in Jammu and Kashmir
Are gender quotas good for business?
Economy to grow at higher rate in coming quarters: Niti Aayog - Economic Times
Niti's mobility action plans tailored to meet local needs, aspirations: Rajiv Kumar - The New Indian Express
Still many challenges in ensuring DBT benefits reach women: NITI Aayog advisor - Economic Times
Let rupee find its fair value, says Niti Aayog vice-chairman - Times of India
NVIDIA will partner with NITI Aayog for its Global Mobility Hackathon MoveHack - The Tech Panda (press release) (blog)
Operating conditions improve at a slower pace in August : Nikkei India Manu...
Q1 GDP growth data shows clear signs of revival in domestic demand and inve...
Employment-intensive manufacturing, construction leading GDP growth is best...
Board of Sunrise Industrial Traders appoints company secretary and complian...
Unichem Laboratories CFO retires
Board of Active Clothing Co appoints directors
Hero MotoCorp sells 6.85 lakh motorcycles in August 2018
Board of Hindustan Construction Company to consider fund raising
Bajaj Auto records highest ever monthly sales
CCI dismisses allegations of abuse of dominance against DLF
Graphite India signs deal to invest up to USD 18.6 mn in General Graphene
Myanmar jails 2 Reuters reporters for 7 years (Lead)
Sena questions arrests of 5 left activists
Ganga-Kaveri express passengers robbed in UP
Myanmar jails Reuters reporters for 7 years
One dead in Philippine blast
Equity indices open in green; IT stocks rise
Karnataka civic polls: Vote counting begins
Kovind, Modi greet nation on Janmashtami
Massive search operation on in J&K's Pulwama
Lao central bank warns against cryptocurrency use
Manimahesh pilgrimage begins in Himachal
Baghdad 'astonished' by report of Iran moving missiles to Iraq (Lead,correcting para 4)
Sania Mirza's tennis dream
Artificial intelligence from space can help spot obesity on Earth
Not sure what quintessential Bollywood heroine is: Lisa Haydon
Floods kill 13, leave 3 missing in Vietnam
Mahesh Bhatt excited about 'Jalebi
NASA asks public to help astronauts survive carbon dioxide on Mars
Cloudy Monday morning in Delhi
Australia's biggest honey producer rocked by fake claims
Serena in US Open QF
Fire ravages 200-year-old Brazil museum
Gerard Butler puts on loved-up display with girlfriend
400 inmates escape from prison in Libya's Tripoli
Saudi Arabia intercepts Houthi missile
Hiranandani Group Unveils Uber Luxury Homes at One Hiranandani Park, Thane
GNT Pharma's Ropesalazine Effective in Treating Dog Dementia
Sherpa's Global Foodie Gourmet Festival Will be held from September 1st to 17th
RJio ready to work with local cable operators for widening GigaFiber reach
IndiGo festive sale: Flights for as low as Rs 999! Bookings open from today
Delhi's smoggy winter: 64% fine-particulate pollution comes from outside
19-day-old Haryana girl becomes first Ayushman Bharat beneficiary
Govt spent Rs 1.32 bn on GST advertisements; print media got biggest share
Biggest bond inflow in 7 months fails to rescue rupee; headwinds to persist
DG-level talks between India, Bangladesh border forces begin today
Arvind Kejriwal promises relief from fixed charges on electricity
Even as India prepares to add 100 smart cities, one tells a cautionary tale
Two members of arms-smuggling racket held in Manipur
Two members of an arms-smuggling racket have been arrested at Manipur's Churachandpur district during a search operation, a police officer said.
Wipro shares jump over 8% as company bags biggest order till date
Shares of Wipro Monday surged more than 8 per cent in morning trade on bourses after the IT services major said it had bagged USD 1.5 bn deal from Alight Solutions, its biggest deal till date.
Film industry has huge dearth of scripts: Kabir Khan
Filmmaker Kabir Khan says despite having access to rich literature, the industry fails to have good scripts because not enough writers are nurtured.
Mahindra tractor sales up 7% at 17,785 units in August
Home-grown auto major Mahindra and Mahindra Monday reported 7 per cent increase in total tractor sales at 17,785 units in August this year.
LIC board to meet tomorrow to decide IDBI Bank stake hike plan
The LIC board will meet Tuesday to decide on the modalities for increasing stake in debt-ridden IDBI Bank to 51 per cent, a move that will provide the insurance behemoth entry into the banking space.
Cardamom futures climb 3.88% on higher demand
Cardamom prices rose further by 3.88 per cent to Rs 1,395 per kg in futures trade today on frantic buying by stockists and retailers due to increased demand from domestic and export markets.
DLF to invest over Rs 1,400 cr in commercial project in Gurgaon
Realty major DLF will now invest over Rs 1,400 crore to develop a commercial project in Gurugram after the firm received green nod to expand the office space by nearly 1 million square feet area.
States still have active accounts under MPLADS of earlier Lok Sabha tenures: MOSPI
All states and union territories, except Sikkim, have together 318 active accounts of the 15th Lok Sabha under the Member of Parliament Local Area Development Scheme (MPLADS), reflecting delay in utilising funds for public interest works recommended by the elected members.
Refined soya oil futures edge up 0.30 pc on tight supply
Refined soya oil prices advanced by 0.30 per cent to Rs 742 per 10 kg in futures trade today as speculators built up their positions, triggered by tight stocks on fall in arrivals from producing belts.
Wheat futures rise 0.80% on speculative buying
Wheat prices surged by 0.80 per cent to Rs 2,020 per quintal in futures trade today as speculators made fresh bets.
No infighting, all senior leaders in Rajasthan on same page: Cong
All Congress leaders in poll-bound Rajasthan were "on the same page" and working unitedly for the victory of the party, AICC incharge of the state Avinash Pande has said amidst reports of infighting.
Sonalika reports 23.2 pc jump in tractor sales in August
Domestic tractor maker Sonalika Monday reported 23.2 per cent increase in total sales at 7,369 units in August, aided by a massive 90 per cent growth in overseas shipments.
Petrol, diesel prices at highest-ever levels on rupee woes
Petrol and diesel prices in the country touched their highest levels Monday mainly due to dramatic fall in rupee and a sharp rise in crude oil rates.
Mfg sector activity eases in Aug on softer output expansion, fall in new orders
The country's manufacturing sector activity eased for the second consecutive month in August, mainly on account of slower gains in output and decline in fresh orders, a monthly survey said Monday.
Copper futures drop 0.51% on weak overseas trend
Amid weak global cues, copper prices fell by 0.51 per cent to Rs 421.65 per kg in futures market today as speculators cut their bets.
Jubilant Cadista Pharma recalls over 46K bottles of hypertension drug from US
Jubilant Cadista Pharmaceuticals Inc is recalling over 46,000 bottles of Valsartan tablets manufactured by Jubilant Generics Ltd at its Roorkee plant from the American market, the latest Enforcement Report of the US health regulator has said.
CPWD to execute CWC's upcoming projects in country
The CPWD will execute several upcoming projects of Central Warehousing Corporation (CWC) as both the agencies are set to sign an MoU Thursday, a senior official said.
L&T Construction bags orders worth Rs 2,654 crore from MSRDC
Larsen & Toubro (L&T) Monday said its construction arm has won orders worth Rs 2,654 crore from Maharashtra State Road Development Corporation (MSRDC).
Crude oil weakens by 0.44% on negative overseas cues
Crude oil prices dipped by 0.44 per cent to Rs 4,937 per barrel in futures market today as speculators cut bets amid weak global cues.
2 bodies found on railway tracks in UP's Hardoi
The bodies of two men were found on railway tracks on the Lucknow-Moradabad section near a village here, police said Monday.
Silver futures down 0.38% on overseas cues
Taking weak cues from the global markets, silver prices drifted lower by 0.38 per cent to Rs 36,561 per kg in futures trading today as participants reduced their exposure.
Bajaj Auto August sales up 30% at 4.37 lakh units
Bajaj Auto today reported a 30 per cent increase in total sales in August at 4,37,092 units as against 3,35,031 units in the same month last year.
Lance Klusener named consultant coach of Delhi Ranji team
Former South Africa all-rounder Lance Klusener has been named as the consultant coach of Delhi's Ranji Trophy team for the upcoming 2018-19 season.
GAIL to set up battery charging sta?tions for e-vehicles
GAIL India, the country's largest gas transportation and marketing company, plans to ?set up battery charging stations for electric vehicles as well as build solar plants as it looks to be "future ready" for emerging businesses, a senior company official said.
No relief from surging fuel prices
President Kovind, PM Modi extend Janmashtami greetings
JSW Steel to expand Vijayanagar plant capacity to 18 mn tonnes a year: Sajjan Jindal
Leading integrated steel manufacturer JSW Steel plans to scale up the capacity of its manufacturing plant in Vijayanagar, Karnataka to 18 million tonnes per annum (MTPA), its chairman and managing director Sajjan Jindal has said.
Govt to target 25 clusters to boost handicraft exports
The government is in the process of identifying 25 export-oriented clusters to boost India's shipments from the handicraft sector, a top official said.
IndiGo's 10 lakh seats up for grabs at fares starting Rs 999
Budget carrier India said Monday it has put on sale 10 lakh (one million) promotional seats for all-inclusive fares starting Rs 999 for a one way journey across its flight network, under a limited period offer.
3 child labourers rescued in Muzaffarnagar
Police have rescued three children who were allegedly employed by a farmer to work in his field in a village here, an official said Monday.
Sensex, Nifty rally on robust GDP data, rupee recovery
The BSE Sensex rallied nearly 300 points in early session Monday on fresh buying in IT, teck and capital goods counters following robust GDP growth rate for the April-June quarter of fiscal and recovery in rupee.
Goutam Ghose trains lens on J'khand plateau for his Hindi film
National award-winning director Goutam Ghose is set to make a comeback in Hindi filmdom after 12 years with his new venture - tentatively titled 'One Day in the Rains.
Bru repatriation: Mizo officials return from 'futile exercise
With only four of the 5,407 Bru families returning to Mizoram since the final repatriation process began on August 25, the state government termed it a "futile exercise" and withdrew the officials sent to neighbouring Tripura to oversee the exercise.
Girl killed as wall collapses due to heavy rains in Muzaffarnagar
An eight-year-old girl was killed and her sister seriously injured when a wall collapsed on them following heavy rains in a village in neighbouring Shamli district, police said Monday.
Rupee recovers from record low, up 23 paise against US dollar
The rupee recovered from all-time low of 71 and strengthened by 23 paise to 70.77 against the US dollar in early trade at the interbank foreign exchange market Monday amid robust growth data for the April-June quarter of current fiscal.
K'taka: Counting for 102 urban local bodies polls begins
India, Bangladesh border forces to hold coordination meeting
Yogi' thali at Rs.10 in Allahabad
Haryana girl becomes first Modicare beneficiary
Potential tropical storm heads toward US Gulf Coast, Florida
A system moving quickly toward the central US Gulf Coast is expected to become a tropical storm by Monday evening, according to the National Hurricane Center.
Learning to lie may have cognitive benefits: Study
Children who lie early in their life tend to have much better cognitive abilities, a study claims.
Directing a nerve-wrecking experience: Idris Elba
Actor Idris Elba says directing his first movie "Yardie" was a ''nerve-wrecking'' experience.
Philippines' Duterte apologises for cursing Obama
Philippine leader Rodrigo Duterte has apologised to former US president Barack Obama for calling him a "son of a whore" in 2016, which sparked a new low in their nations' long alliance.
China's Xi promotes 'Belt and Road' as Africa growth tool
Chinese President Xi Jinping on Monday promoted Beijing's initiative to build ports and other infrastructure to African leaders as a tool for "common prosperity" in a world facing challenges from trade protectionism.
I can't imagine my life without Ryan Gosling, says Emma Stone
Emma Stone says she can not imagine her life without good friend Ryan Gosling.
New device harvests energy from walking, jogging
Scientists have developed a novel wearable device that could generate energy from the swing of an arm while walking or jogging.
Honour killing': Woman shot dead by relative in Pakistan
A woman health worker has been gunned down with an assault rifle by her sister's husband over "honour" in Pakistan's Punjab province, a media report said today.
US continues to press Pak to 'indiscriminately' target terror groups:Pentagon
The US has consistently engaged with Pakistan's top military officials, pressing them to indiscriminately target all terrorist groups that threaten regional stability and security, the Pentagon has said.
CNN pulls Asia Argento's episodes of Anthony Bourdain's 'Parts Unknown
CNN has pulled episodes of Anthony Bourdain's "Parts Unknown" on which Italian actor Asia Argento appeared, following accusations of sexual misconduct.
Two Malaysian women caned under Islamic law for lesbian sex
Two Malaysian women were caned Monday for having lesbian sex in violation of strict Islamic laws, despite an outcry from activists at the "cruel and unjust" punishment.
Reuters reporters jailed for seven years in Myanmar 'state secrets' case
Two Reuters journalists accused of breaching Myanmar's state secrets law during their reporting of a massacre of Rohingya Muslims were jailed for seven years Monday, drawing outrage over the attack on media freedom and calls for their immediate release.
Just competing not enough, need to learn art of crossing the line: Kohli
India skipper Virat Kohli said his team cannot be satisfied with just competing overseas and it has to learn the art of crossing the line in pressure situation.
Robbie Williams' daughter 'destined' for show business
Singer Robbie Williams says his daughter is ''destined'' for a showbiz career because she already loves being on stage.
Kevin Spacey has the ability to reform: Robin Wright
Kevin Spacey's former co-star Robin Wright says the actor should be given the chance to ''reform'', following his sexual assault scandal.
Japan claims China 'escalating' military actions
Japan's defence chief on Monday warned the country faces a tough security environment, with China and Russia stepping up military activity and North Korea posing "imminent threats".
India made rapid progress in increasing access to sanitation in schools: UN report
India has made rapid progress in increasing access to sanitation in schools, the United Nations said in a report, noting that the proportion of schools without any sanitation facility has decreased at a fast pace in the country.
Nadal, Del Potro into US Open last-eight, dad-to-be Isner keeps home hopes alive
Defending champion Rafael Nadal on Sunday reached the US Open quarter-finals for the eighth time where he will face Dominic Thiem, one of only three men to defeat him in 2018.
Myanmar judge jails Reuters reporters for 7 years for breach of state secrets act
Two Reuters journalists were jailed Monday for seven years for breaching Myanmar's official secrets act during their reporting of the Rohingya crisis, a judge said, a case that has drawn outrage as an attack on media freedom.
Asian Games in the bag - but could Indonesia host the Olympics?
An Indonesian bid to host the 2032 Olympics would have been laughed off just a few weeks ago, but a smooth Asian Games may just have put it in the frame to host the world's biggest multi-sports event.
China blocks Australian state broadcaster's website: ABC
China has blocked access to the website of Australia's national broadcaster for breaching Beijing's internet rules and regulations, ABC said on Monday.
Duterte in Israel for first visit by a Philippines president
Philippine President Rodrigo Duterte, who has been accused of condoning human rights abuses in his deadly drug crackdown and who has made controversial comments about the Holocaust, received a warm welcome in Israel when he arrived Sunday for an official visit.
Boris Johnson predicts EU 'victory' in Brexit talks
Former foreign secretary and Brexit hardliner Boris Johnson penned a renewed attack on Britain's government Monday, predicting "victory" for the European Union in its negotiations with London.
Fire engulfs National Museum, one of Brazil's oldest
A massive fire gutted the National Museum in Rio de Janeiro, one of Brazil's oldest, authorities said Sunday, but no injuries were immediately reported.
US continues to press Pak to 'indiscriminately' target terror groups
The US continues to press Pakistan to "indiscriminately target" all terrorist groups, including the Haqqani Network, the Pentagon said on Sunday, claiming that recent reports distorted details of the Coalition Support Fund (CSF).
Good Bye 'Adventure Time
Cardi B 'needed' a girl like Kulture
Emma Stone 'can't imagine life' without Ryan Gosling
Nick Jonas gets personal 'photographer
Tabu unveils new poster of 'AndhaDhun
Asia Argento's 'Anthony Bourdain: Parts Unknown' episodes pulled down
Global stocks still hooked on buybacks; trade war snaring more bulls: Reuters poll
India manufacturing growth eases in August on softer domestic demand: PMI
Global Economy: Asian factories feel pinch from escalating trade conflict
Oil falls on rising output from OPEC and United States
Wary Australian consumers dampen July retail sales, point to cautious Q3
Global Markets: Asian stocks dip on trade, emerging market woes
Japan's second-quarter capex leaps, raises hopes for business-led recovery
China August manufacturing growth slows to 14-month low: Caixin PMI
JD.com's billionaire CEO released after U.S. arrest
Asian stocks dip on trade, emerging market woes
Sensex rises by over 100pts, Nifty above 11,700
Structure of FAT10 protein analyzed!
Your genetic profile decides severity of asthma symptoms
Volumes soar at City Union Bank Ltd counter
L&T gains after winning orders
Bajaj Auto gains after good August sales
Ashok Leyland rises after good monthly sales
Wipro jumps after bagging deal from Alight Solutions
Strong market breadth
IT stocks in demand
Market drifts higher in early trade
Market may open higher
Debt payoffs improves credit profile of Reliance Infrastructure
Operating conditions improve at a slower pace in August : Nikkei India Manufacturing PMI
Larsen & Toubro wins orders worth Rs 2654 crore
Q1 GDP growth data shows clear signs of revival in domestic demand and investments: FICCI
Employment-intensive manufacturing, construction leading GDP growth is best part of data: ASSOCHAM President
Wipro in spotlight after bagging deal from Alight Solutions
These platforms can help students earn extra bucks
Is loss-making Fortis on the mend?
Suspension of security aid to Pak announced in Jan: Pentagon
McCain buried at US Naval Academy
Pharma shares extend rally; Dr Reddy's, Sun Pharma hit 52-week high
Pharma Stocks, Sun Pharma, Cadila, Cipla
GST paper photo
Real estate stocks trade weak after SC stays construction in some states
RBI has said banks and HFCs need to strengthen their screening process in respect of lending to the segment
Balkrishna Ind falls 8% after board approves capex plan of Rs 17 billion
Valuations, premium, earnings: India stock market surge explained in charts
sensex, stock, share, bse, nse
Rupee, Indian currency
Ashok Leyland, Bajaj Auto gain; Maruti Suzuki falls post August sales
cars, maruti suzuki, automobile
Wipro surges 9% on winning over $1.5 billion deal from Alight Solutions
Crazy Rich Asians' US labour day weekend theatre sales strongest in years
crazy rich asians
China will beat US to take world's largest economy crown; what after that?
Representative Image
MARKETS LIVE: Indices gain, Nifty above 11,700 on GDP boost, firm rupee
MARKETS LIVE, GDP, MODI, Rupee, Rupee at 71, Nifty, Sensex, US, Asia, oil
Arvind Kejriwal
How to hedge your market exposure
SMEs, banks, foreign exchange, markets, forex, small and medium price industries,
Billion-dollar question: Is China's 'Silk Road' really worth its cost?
$300 mn from Pentagon no military aid, US owed us that, says Pak minister
US cuts $300-million aid to Pakistan for failing to rein in terror
Coffee Board pegs crop loss due to rains in South India at 82,000 tonnes
Hyundai Santro codenamed AH2 spied in India, launch on Oct 23: Details here
Royal Enfield braces for 'next wave of growth' as market share flags
Easyfone Grand: An all-inclusive, user-friendly phone for seniors citizens
Siri, Alexa may have made your lives easier, but can they also educate you?
Turkey's inflation to trade worries, factors that will drive EMs this week
Ind vs Eng 4th Test: England were braver than us, says Kohli on series loss
Diversion Ahead: 'Urban Naxal' narrative and many other red-herrings
Microsoft is simplifying your Skype app: Highlights feature set to go
Crude oil drops on OPEC output, looming Iran sanctions prevent big fall
Nifty outlook and top trading ideas by Devang Shah for today
Bullish on Wockhardt with a target of Rs 730, SL of Rs 629: Angel Broking
Support for Nifty seen at 11,460, resistance at 11,840: Prabhudas Lilladher
Answers to the Strategist quiz 576
The Strategist Quiz (# 577)
Cracking the MF code in rural India: Mahindra MF looks to expand network
Riding on emotion: Is Eicher Trucks and Buses trying to do a Volvo USA?
The politics of digital branding: BJP, Cong have taken the explainer route
Information overload: Haryana farmer gets RTI reply in 32,017 pages
Letter to BS: Modi govt should be more careful before introducing policies
Letter to BS: RBI Annual Report seals the verdict on demonetisation
Essel Group's Subhash Chandra enters cruise tourism with new firm
You needn't own a classy Porsche for your road trip. Just take one on rent
Health insurance: Mental illness to be treated on par with physical ailment
Indian Oil Corp to invest Rs 170 billion in Odisha petrochem projects
Bullish on consumption
What's on offer: Axis Bank to BoB, shop around for best fixed deposit rates
From insurance claim to arbitration appeal, here are the key court orders
Cracking the MF code in rural India: Mahindra MF looks to expand markets
Will Sebi use its powers in NSE algo scam?
Rupee's depreciation: Why it makes sense not to sit back and do nothing yet
Can Goods and Services Tax framework come to flood-wrecked Kerala's aid?
Accept RCEP; stalling the deal has no basis in economics or business
Positive surprise: Q1 GDP growth speeds up, but policy concerns remain
How prone is GST to evasion?
Exim Bank as turbo-charger
Indian equities are off to best start to a financial year since Modi win
Newsmaker: Meet Atishi, AAP's first fighter for 2019 Lok Sabha battle
Pharma funds make a comeback; now rises 17.3% for a one-year period
The GST cess bonanza
Our June 2019-end target for Nifty50 index is 11,892: Saion Mukherjee
How RSS progenies SJM, VHP and BMS fared over the past four years
Observe.AI helps call centre agents perform job better without any pause
Many reasons why Bajaj Finance stock will remain an outperformer
Didi Chuxing is grappling with an unprecedented crisis after another passenger was killed while using its service, triggering a wave of public criticism online and calls for tighter regulation of the countryâ€™s largest ride-sharing company.
China's Didi Chuxing Faces Intense Pressure Amid Public Anger Over Second Passenger Death
Huawei has beaten Apple â€" barely â€" to the worldâ€™s first 7nm chipset.
Our study strongly suggests that Indiaâ€™s 2016 demonetization, the largest the world has ever seen, effectively stimulated the transition from a cash-based to a digitally enabled economy.
India's Demonetization Drive: A Necessary Jolt Towards A More Digital Economy?
The UmiDigi One Pro Is A $160 Cross Between An iPhone X And A Huawei P20 Pro
Tesla Will Be Challenged Like Never Before In China -- Here's Why
A Chinese Biotech Company Turned This American Entrepreneur Into A Billionaire
Singapore's Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot
Cover Story - blog - Position 0 - A Chinese Biotech Company Turned This American Entrepreneur Into A Billionaire
Cover Story - Position 0 - Alex Fang
Homepage Forbes List - Singapore's Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot
Homepage Forbes List - View List - Singapore's Richest 2018: Property Moguls Edge Out Facebook Billionaire For Top Spot
Featured Block - blog - Position 0 - undefined
Featured Block - blog - Position 1 - Forbes Asia Investment Briefing: Parry Global Group Says China Won't Expand Money Supply
Featured Block - blog - Position 1 - Caroline Jones
Featured Block - blog - Position 2 - China's Fintech Giants Have The Money And Means To Dominate Despite The Wider Slowdown
Featured Block - blog - Position 2 - Sara Hsu
\"Featured Block - blog - Position 0 - undefined\
\"Featured Block - blog - Position 1 - Forbes Asia Investment Briefing: Parry Global Group Says China Won't Expand Money Supply\
\"Featured Block - blog - Position 1 - Caroline Jones\
\"Featured Block - blog - Position 2 - China's Fintech Giants Have The Money And Means To Dominate Despite The Wider Slowdown\
\"Featured Block - blog - Position 2 - Sara Hsu\
\"Featured Block - blog - Position 3 - China's Didi Chuxing Faces Intense Pressure Amid Public Anger Over Second Passenger Death\
\"Featured Block - blog - Position 3 - Yue Wang\
\"Featured Block - blog - Position 4 - Huawei's Kirin 980 Is The World's First 7-Nanometer Mobile Chipset With 5G Support\
\"Featured Block - blog - Position 4 - Ben Sin\
\"Featured Block - blog - Position 5 - India's Demonetization Drive: A Necessary Jolt Towards A More Digital Economy?\
\"Featured Block - blog - Position 5 - NUS Business School\
John Oyler is the first American-born entrepreneur to achieve billionaire status from a company started in China.
Falun Gong still worries China, despite efforts to crush the sect
Lebanonâ€™s economy has long been sluggish. Now a crisis looms
>In China the movement sputters on. Abroad its profile grows
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The partyâ€™s scourge
When the music stops
TUCKED away in a corner on Gerrard Street, in the heart of Londonâ€™s Chinatown, three middle-aged Chinese women sit on the ground, their legs tightly crossed, in silent meditation. A deafening loudspeaker behind them blasts out a stream of invective against the Chinese Communist Party.
THE main feature of Beirutâ€™s skyline is not minarets or church steeples, but construction cranes. From the roof of a posh downtown hotel you can see 17 of them, throwing up luxury apartments that cost up to $1m each. Wealthy Lebanese sip wine on their terraces and discuss investment opportunities.
LIBERAL California may soon become the first American state to mandate gender diversity in companies at board level. A bill awaiting a final vote in the state senate would require publicly traded firms headquartered in California to have at least one woman on their boards by the end of next year.
THIS weekâ€™s column comes from the top of Singaporeâ€™s Marina Bay Sands hotel and casino. Its author would not like his readersâ€"not to mention The Economistâ€™s bossesâ€"to think this his usual perch.
In China the movement sputters on. Abroad its profile grows
But the countryâ€™s politicians are busy haggling over cabinet posts
California is set to implement them in the boardrooms of its listed companies
For plenty of Asians, the film is more of an affront than a triumph
GoAir Bengaluru-Pune flight returns after technical snag
Meet 'Chris', voice-controlled assistant for drivers - soon coming to India
The key Indian equity indices opened on a positive note on Monday with healthy buying in consumer durables, capital goods and IT stocks.
The Lao central bank has issued a notice warning the public to avoid falling victim to the use of cryptocurrency on account of the potential risks involved in its money laundering, funding of terrorism, its media reported on Monday.
Australia's largest honey producer Capilano has been accused by testers of using fake honey in one of its products, media reports said on Monday.
Australias biggest honey producer rocked by fake claims
Australias largest honey producer Capilano has been accused by testers of using fake honey in one of its products, media reports said on Monday.
Symantec Wins Frost & Sullivan's aEndpoint Security Vendor of the Year' Award at the 2018 India ICT Awards
Alibaba Cloud Partners With ABU Sports Network to Deliver Internet-based Quality Live Signals for Smaller Broadcasters
Gemalto First Semester 2018 Results
Openbravo and Decathlon Strengthen Their Partnership With the Rollout of Openbravo POS for New Decathlon Markets Across Asia
STEM-themed exhibition becomes a new highlight of the Shanghai Science Expo 2018
Locus Chain Foundation Holds Inaugural Summit in Singapore
Infineon extends its market leadership for power semiconductors
BOE Smart Retail Solution Wins "IFA 2018 Award for Product & Technology Innovation"
ActLight Announces Dynamic PhotoDiode Integration Project and Licensing With Top Semiconductor Company
Winning IFA Product Technical Innovation Award, setting up new overseas brands, SKYWORTH unveils "AI" brand strategy
ColorChip to Showcase 100G-400G PAM4 Optical Transceivers for the 5G Network at CIOE 2018
Oriflame Honors Arvato SCM Solutions
Swedish Beauty-Tech Brand FOREO Launches AI-Enabled "Beauty Coach" LUNA fofo
Baghdad 'astonished' by report of Iran moving missiles to Iraq
NASA plans 45-day effort to get its Mars rover back
Bangladeshi Hindus celebrate colourful Janmashtami in Dhaka
Pakistan kicks off tree plantation campaign against climate change
Iran criticizes Europe's 'inaction' over nuke deal
In a novel method, researchers have used Artificial intelligence (AI) technology that scanned through Google Maps images to estimate obesity on Earth -- even without actually spotting obese people.
Two Reuters reporters were jailed on Monday for seven years for violating a state secrets act during their reporting of the Rohingya crisis, a court said, in the case that has drawn outrage for its attack on media freedom.
Flash floods and landslides triggered by incessant rainfall in Vietnam's northern and central regions over the past few days have killed 13 people and left three missing, the country's Central Steering Committee for Natural Disaster Prevention and Control said on Monday.
NASA has launched a public competition that asks people to find solutions to turn carbon dioxide into molecules that would help astronauts endure the harsh atmosphere on the Red Planet.
One person has been killed and 15 others injured after a bomb exploded in the Philippine city of Isulan, army said.
Iraq's Foreign Ministry has said it was "astonished" by a report that Iran had moved ballistic missiles to armed groups in Iraq.
A huge fire has broken out at the National Museum of Brazil in Rio de Janeiro, the oldest scientific institution in the country.
Four hundred inmates of Ain Zara prison in the Libyan capital Tripoli on Sunday escaped as clashes between government forces and militias intensified, according to the Judicial Police Department of Libya's Ministry of Justice.
The Saudi-led coalition involved in a war in Yemen confirmed on Sunday the interception of a ballistic missile fired by Houthi militias toward the border city of Jazan, Al Arabiya news reported.
Hardik declares his will as fast enters ninth day
TRS puts up huge show of strength for assembly poll victory
Avail doorstep delivery of 'services' from September 10: Kejriwal
India, Bangladesh to discuss cross-border crimes
10-kw radio transmitter inaugurated in J&K
Vadra booked, Congress alleges witch-hunt by Modi
Packets found at Kolkata ground contain medical waste, not human bodies: Police (Lead)
Don't become slaves to national parties: KCR sounds poll bugle (Lead)
The Shiv Sena on Monday targeted the Maharashtra Police for the arrests of five left activists last week claiming they were reportedly "hatching a conspiracy to overthrow the central and state governments" besides allegedly "plotting a Rajiv Gandhi-style assassination of Prime Minister Narendra Modi", among others.
Many passengers on board a Chennai-Patna express train were robbed off their jewellery and cash by armed dacoits in Uttar Pradesh's Chitrakoot district early on Monday, police said.
Filmmaker Mahesh Bhatt says "Jalebi- The Everlasting Taste Of Love" tells a story about how to live in an age of bewilderment.
The counting of votes for 105 Urban Local Bodies (ULBs) across Karnataka began at 8 a.m. on Monday.
President Ram Nath Kovind and Prime Minister Narendra Modi on Monday greeted the nation on the occasion of Janmashtami.
It was a cloudy Monday morning in the national capital with the minimum temperature recorded at 25.6 degrees Celsius, the season's average, weather office said.
Security forces started a massive search operation on Monday in around two dozen villages of Jammu and Kashmir's Pulwama district, police said.
The 14-day long pilgrimage to the glacier-fed Manimahesh lake, dedicated to Lord Shiva, in the Bharmour valley here began on Monday amidst religious fervour, an official said.
AI technique used to treat metastatic cancer patient: Study
High BMI in early life linked to asthma risk later: Study
Device that can harvest energy from your arm
Bodies of 14 newborn babies found at Kolkata ground
More than 300,000 people suffer from kidney ailments: Expert
Water worlds could support life: Study
In a shocking incident, at least 14 dead bodies of newborn babies, wrapped in plastic bags, were recovered from a deserted ground in south Kolkata's Haridebpur on Sunday, police said.
More than 300,000 people are suffering from end-stage kidney ailments and despite that only 10,000 transplantations are taking place, nephrologist and renal transplant physician Raka Kasuhal said on Sunday.
The conditions for life on planets entirely covered in water are more fluid than previously thought, which opens up the possibility of water worlds being habitable, according to a new study.
Singaporean researchers have harnessed the power of artificial intelligence (AI) to successfully treat a patient with advanced cancer, completely halting disease progression.
A wearable energy-harvesting device could generate energy from the swing of an arm while walking or jogging, say researchers.
The growth of children in the first three years of their life affects the development of their lungs and the risk of asthma at 10 years of age, says a study.
Energy of Asia, peace for world at 18th Asiad
Hamilton gets surprise win in F1 Italian GP, extends lead over Vettel
Leipzig draw 1-1 vs Fortuna Dusseldorf in Bundesliga
4th Test: India lose by 60 runs, concede series (Roundup)
Juventus coach Allegri backs goal-shy Ronaldo
Ashwin in lead at National Racing meet
Ace Indian player Sania Mirza says she wants to give back to the world through tennis.
Serena Williams has reached the quarterfinals at the US Open in Flushing Meadows here after beating Estonia's Kaia Kanepi 6-0, 4-6, 6-3.
China and Thailand military ties grow
Terms & Conditions
California lawmakers pass toughest net neutrality law
Autocrat tag for disciplining: PM Modi
Caterpillar found in biryani at IKEA store
Wipro bags its biggest order of $1.5 bn
Stones hurled at Shivraj's rally in Sidhi
Fuel prices hit all-time record high
Will not surrender to Delhi leadership: KCR
Nation soaks in Janmashtami festivity
Mkt opens in green on strong GDP numbers
Myanmar court jails 2 Reuters reporters
Brazil: Massive fire breaks out at museum
ET 40 Under Forty: The Ultimate Reading List To Succeed By Winners
Manufacturing activity slows in August, PMI at 51.7
Government spent Rs 132.38 crore on GST advertisements
Boost to insolvency process: NCLT asks ED to use borrower’s attached assets linked to fraud
Income tax department tapping data for black-money
Trump threatens to exclude Canada from new Nafta deal
Incentives change colour as IT companies chase new business
Stroke, cardiac arrest, diabetes can strike you in 30s; blame your sedentary lifestyle
‘Missing’ service tax credit in GST update worries companies
Why headline GDP numbers alone don’t count for much
‘Mother of all defence deals’ set for govt nod amid Rafale spat
IT cos get innovative with staff, don't mind giving cars
JDS, Cong patch up ties; new ministers to join Cabinet soon
India may tighten disclosure rules for FPIs from Mauritius
CM Chandrasekhar Rao hints at early polls in Telangana
Google removing 100 'bad' ads every second
This Indian startup may soon be a unicorn
Want more day-offs from work? Try Australia
Paytm tots up 290 billion transactions
FinUp finances SlicePay in Series A, deal estimated at $15 million
With 150% internal returns, WaterBridge exits Unacademy
Udaan raises $225 million from DST Global, Lightspeed to become India's fastest Unicorn
A new milestone: UPI tops 300 million monthly transactions
Uber ‘doubling down’ on investments in India: COO Barney Harford
ET 40 Under Forty: Lack of experience, failure made Nadia Chauhan, Suraj Bahirwani wiser
Bono suffers 'complete loss of voice' during performance; U2 cancels Berlin show
Is coconut oil really unhealthy? Miss World Manushi Chillar's nutritionist weighs in
FILA Supercharge High review: Solid riding shoes every biker needs
StoryZ Photo Motion review: The app adds ripples and movement to any photo
Count emails sent during commute as work hours: It will help your employees relax
Meet Meghna Sahoo, India's first transgender cab driver
Telangana CM Chandrasekhar Rao hints at early assembly polls
Anyone speaking for human rights can't be treated as a Maoist: Supreme Court 8 years ago
JDS-Congress govt in Karnataka starts cementing exercise; to extend Cabinet soon
Smartgram' initiatives aimed to transform villages: Pranab Mukherjee
Delhi orders restoration of over 2.5 lakh ration cards
Case against Robert Vadra, Bhupinder Singh Hooda will be thoroughly investigated: Manohar Lal Khattar
Are notes in your pocket making you sick? Traders body wants Arun Jaitley to investigate
Unnao rape case: FSL report of key witness found no poison
Jharkhand's railway station, town to be renamed after Lord Krishna
Myanmar judge jails Reuters reporters for seven years in landmark secrets case
What happens after China surpasses the US economy
IAS officers to review work in BBMP Zones
Stalin’s BJP Attack to dispel tie-up notion: Durai Murugan, DMK party treasurer
Software AG bets big on industrial IoT, digital transformation: CEO
Bono recovering, says 'will be back to full voic...
From plastic toys to automobile doors, how artis...
This Kashmiri Halwa will make your Janmashtmi ce...
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RBI changes the asset game with a move it had not made in 10 yrs
All property deals by Kochhars under probe
Ecom Express's winning bet
A startup wants to change our breakfast habit
Banking beyond the diaspora
6 investment mistakes to avoid in this market
This firm is buying Tesla cars for its staff
100 new Smart Cities, Lavasa tells a cautionary tale
‘Mother of all defence deals' set for govt nod
Chinese billionaire JD.com CEO arrested in US
Trump threatens to exclude Canada from Nafta deal
Why headline GDP numbers alone don’t matter
Upbeat CEOs see more investments, hiring this fiscal
10 arrests in 8 months of Bhima-Koregaon riots
India may tighten rules for FPIs from Mauritius
JDS-Congress in Karnataka starts cementing exercise
Activists can't be treated as Maoist: SC in 2011
Government is searching for language interpreters
Rahul to be back from Kailash pilgrimage on Sept 12
Myanmar judge jails Reuters reporters for seven years
Udaan on a high, may be the fastest to join unicorn club
Maruti may get 1,400 acres for 3rd Haryana factory
ET Wealth
When should you sell a mutual fund?
Government spent Rs 132.38 crore on GST ads
5 ways seniors can avoid insurance mis-selling
They flew jets on seed oil. Next stop is the kitchen
Income tax department mining data for black-money
Electric car may save you over Rs 70,000 in road tax
IndiGo offering 10L tickets at fares starting Rs 999
Uber ‘doubling down’ on investments in India: COO
Rupee could slide to 73 by December
Gurugram finally gets city bus service
Jio claims good response to broadband offer
NCLT asks ED to use attached assets linked to fraud
Parents on social media show an alarming trend: Survey
Even Harsh Goenka has 'several' tweets that he regrets
Priyanka Chopra's father-in-law files for bankruptcy
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Talking stock: Stay away from cyclicals especially after run-up
Don't take money off the table yet: Jagannadham Thunuguntla
Midcap stocks are on sale; time for good picks: Joel Werner
ET Radio: Let's talk business and markets
Midcaps, smallcaps outperform Sensex
Gold rate today: Gold, silver down in morning deals
Above 11,740, Nifty will see more fresh buying
Right pricing can help M&M beat expectations
LT Foods jumps on board's investment approval
Onion index falls 11% on onset of crop arrivals
Market in the green; these stocks make merry
Weak rupee may not make edible oil costlier this season
Auto stocks rise up to 4% on August sales numbers
Mkt in the green; these stocks make merry
RBI buys gold for first time in nearly a decade
Everything about Wipro's jumbo deal
Amazon finds a route to shake up grocery mkt
How old people can avoid insurance misselling
5 ways to save money by renting and sharing
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Wanted: Language interpreters for Modi
The ‘missing’ part in GST that's worrying firms
The cable guy is giving Ambani some tough fight
China's global ambition has a debt problem
Pepsi's top bottler wants to run Costa Coffee
Meet the fastest startup to join unicorn club
Your next net connection may be from space
Pakistan is scripting a comeback of sorts
Routine money could be now tough for FPIs
There's a new problem for Chanda Kochhar
JD.com CEO arrested in US over sexual misconduct allegations
China's Silk Road project runs into debt jam
NCLT asks ED to use borrower’s attached assets linked to fraud
India Inc's foreign borrowing rises 74 percent to USD 2.18 billion in July
Fastest-growing India sits on a wobbly throne
Pakistan ministers’ Kashmir turf battle may help army keep control
Access healthcare acquires Noida-based pacific BPO
Rahul Gandhi to be back from Kailash Mansarovar pilgrimage on September 12
When Chhattisgarh govt got called out for branding activists as Maoists
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Chhattisgarh polls: BJP banks on schemes, Cong on BSP
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Exposure to equities should be guided by asset allocation: Rajesh Iyer, DHFL Pramerica MF
Foreign fund managers still back India
Sundaram MF launches a fund to tap services boom
Should you invest through SIP? Watch Nilesh Shah of Kotak AMC
L&T Construction bags orders worth Rs 2,654 crore from MSRDC
GAIL to set up battery charging stations for e-vehicles
Bono recovering, says 'will be back to full voice'; U2 tour to resume as planned
From plastic toys to automobile doors, artists use waste to spread message of environmental sustainability
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No caste tag, BJP seen as party of the poor, says UP Deputy CM
BJP banks on schemes, Congress on BSP as Jogi draws crowds
343 Infra Projects show cost overrun of Rs 2.23 Lakh Cr
USD 300 million not aid, US owes this to Pakistan for support in war against terror: Shah Mehmood Qureshi
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11:56 AM | 03 Sep
This is significant because unlike many other central banks, RBI does not regularly trade in gold.
Srikrishna panel is looking into dealings by Chanda Kochhar’s family after she became ICICI CEO.
The biggest mistakes happen when markets are doing well. In many cases, the SIP returns are in the red.
Cisco
Economic Times
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Trump has repeatedly denounced Nafta as “one of the worst trade deals ever made,” language he repeated on Saturday.
Tax practitioners say the latest changes deny carry forward of credit for cesses, as intended, but credit for service tax has also been done away with.
Q1 numbers show the economy to be in good stead, with GDP growth touching a nine-quarter high of 8.2%.
The first 18 jets will come in a ‘flyaway condition’ in 3-5 years after the contract is inked, the rest will be produced as part of a JV between a foreign major & its local partner.
IT cos are tweaking incentives as mining existing clients become key to boosting revenue growth.
This exercise, also with an eye on the BJP’s efforts for queering their coalition pitch, will see many MLAs of both parties getting ministerial posts and also chairmanships at commissions and boards
The proposal would place FPIs based in the Indian Ocean tax havens and jurisdictions such as Cyprus and the British Virgin Islands at disadvantage.
The TRS supremo asserted that the public wanted his party to form the govt again and sought support to continue development work in the region.
In the coming months, Google will roll out a verification programme to ensure that only legitimate providers of third-party tech support can use its platform to reach consumers.
The company, founded by former executives of Flipkart, is in advanced talks to raise $225 million from investors.
Some Australian employers have started exploring the option of unlimited for their employees, a report in Times of India said.
L&T said its transportation infrastructure business has bagged a new order for the construction of the six-lane Nagpur Mumbai Super Communic...
In June, JSW Steel had announced its plans to invest Rs 7,500 crore until March 2020 to increase the production capacity at its Vijayanagar ...
It also wants to explore the business opportunity in waste-water treatment plants, water distribution, large water pipeline laying as an ear...
The carmaker has its first facility spread over 300 acres in Gurgaon and a 600-acre Manesar factory that was set up in 2007.
Exports during the month were at 1,81,461 units as compared to 1,34,372 units in the corresponding month last year, up 35 per cent, the comp...
ED had attached Rs 100 crore worth of property of REI Agro, once a prominent rice processing unit, for alleged money laundering. The company...
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IndiGo offers 10 lakh seats at fares starting Rs 999
How women empowerment has grown over the years in corporate India ?
Indian Railways ends free travel insurance
Airport user fee cut but citizen groups say itâ€™s not enough
GMR Infra in talks with Warburg-backed developer ESR for joint venture
Brookfield in talks with JM Financial ARC to acquire stake in Hotel Leelaventure
Everstone puts on the block a piece of Burger King India
Samara Capital, Amazon to acquire Birla's retail chain 'More', Goldman Sachs out
Markets-Economic Times
Right pricing of new models can help M&M beat expectations
Above 11,740, Nifty will see another round of fresh buying
Midcaps and smallcaps have started to outperform
Onion index falls by 11%
Share market update: Midcaps, smallcaps outperform Sensex; Vakrangee, Ashok Leyland shine
Stock market update: Check out the stocks that fell in a positive market
10 stock ideas that analysts say can deliver gains in 2-3 weeks
Not yet time to take some money off the table: Jagannadham Thunuguntla, Centrum
Share market update: Market in the green; these stocks make merry
Maruti Suzuki shares skid on soft August sales
Growth boost: Animal spirits coming back?
Wipro climbs over 6% on $1.5-billion Alight deal
Talking stock: Stay away from cyclicals especially after a run-up
Boost to insolvency process: NCLT asks ED to use borrowerâ€™s attached assets linked to fraud
â€˜Missingâ€™ service tax credit in GST update worries companies
Tax compliance improved after demonetisation: EAC-PM member Shamika Ravi
Mechanism soon for speedy clearance to export consignments
India, the fastest growing major economy, is sitting on a wobbly throne
Government plans exam for individuals looking to become independent directors
Khamenei says war unlikely but urges boosting Iran's defences
Theresa May stands firm on her Brexit plan, but scepticism persists
Microwave weapon suspected in mystery attacks on US diplomats: Report
Two Presidents honour McCain as Trump heads to golf club
Pepsi bottler keen to run Costa Coffee even after Coke buy
PM Imran Khan ropes in foreign experts to rebuild Pak's debt-ridden economy
China confirms sixth African swine fever outbreak in the country
Stalinâ€™s BJP Attack to dispel tie-up notion: Durai Murugan, DMK party treasurer
Gurugram finally gets city bus service: Here are the areas that it will cover
Playing on Telangana sentiment, KCR seeks another term
As India adds 100 Smart Cities, one tells a cautionary tale
Lakhs of devotees to celebrate Janmashtami in Mathura today
Dabholkar murdered: 2013; Pansare in 2015; Cases cracked: 2018
Anyone speaking for human rights can't be treated as a Maoist: Supreme Court in 2011
Maneka red flags DBT for Anganwadis ahead of 2019
â€˜Mother of all defence dealsâ€™ set for government nod amid Rafale spat
Esports had a demonstration at the Asian Games, and there are factors that make its inclusion worth it
India suffer 60-run defeat in 4th Test, lose series
â€˜Mother of all defence deals' set for govt nod
Why headline GDP numbers alone donâ€™t matter
Google removing 100 'bad' ads every second for violating policies
Quiet performance of STPI ignored : Prasad
Alarming trend of parents posting child pictures online: Survey
Users will need to be notified as Indian names reveal info: Experts
India heads of IT giants may face criminal charges over fake news
L&T said its transportation infrastructure business has bagged a new order for the construction of the six-lane Nagpur Mumbai Super Communication Expressway in Maharashtra.
In June, JSW Steel had announced its plans to invest Rs 7,500 crore until March 2020 to increase the production capacity at its Vijayanagar facility to 13 MTPA.
The IIP is now working on ways to turn used cooking oil into biofuel for both jets and automobiles.
It also wants to explore the business opportunity in waste-water treatment plants, water distribution, large water pipeline laying as an early mover.
The bookings of tickets under the four-day "festive sale" offer have begun from today.
Women are the largest untapped reservoir of talent in the world. ~ Hillary Clinton It is undeniable that women empowerment in the corporate world has a cruci...
Those desirous of availing travel insurance will have to shell out 68 paise as premium and the facility will only be available on tickets booked online.
An exemption on road tax of up to 100 per cent, incentives to replace your old vehicle and charging stations across the city â€" the Delhi government is planning a host of measures to make electric vehicles popular in the capital.
On Saturday, the regulator brought down the fee by about 67%. Starting September 16, domestic passengers pay â‚¹100 per head towards the UDF instead of â‚¹306. International travellers will pay â‚¹400 as against â‚¹1,226.
Increasing demand from sectors such as ecommerce, third-party logistics, consumer durables, fast-moving consumer goods and manufacturing, coupled with the requirement for larger-sized warehouses, have opened up the field for more organised players.
Jio officials, who asked not to be named, though, say they are willing to take all stakeholders along, and build on the strong response it has got after registrations for Jio GigaFiber opened on August 15.
Leelaventure, which has hotels in Delhi, Mumbai, Chennai, Gurugram and Bengaluru, currently has a debt of over Rs 3,000 crore.
As per the proposed transaction, about 30-35% of Burger King India will be sold through secondary and primary offerings. Parent Burger King Worldwide holds 12% of Burger King India.
Executives say the deal is likely to be completed in the next 10 days, possibly as early as this week.
For M&M, the volume growth in the utility segment in the past few years has not been inspiring.
Nifty may see some time-wise consolidation before a fresh up move with support for the corrective move coming at 11550 levels.
Going forward, Nifty Next 50 and mid-cap stocks is likely to be in the limelight.
â€‹â€‹Seven of the nine commodity group sub-Indices and 20 of the 29 individual commodity sub-Indices declined this week.
In the Sensex kitty of stocks, 22 were advancing, while 9 were declining.
LT Foods is a branded specialty foods company.
Palm oil constitutes 40 per cent of Indiaâ€™s edible oil consumption, followed distantly by soya bean and sunflower oil.
Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.
Analysts say stock picking opportunities are aplenty in this market.
The market is very narrow and if you try to book profits, it will tough to generate alpha.
Benchmark NSE Nifty50 index was up 36 points at 11,716, while the BSE Sensex was up 127 points at 38,773.
Severe floods in Kerala and heavy rains in other parts of the country are to blame, the company said in a release.
The icing on the cake is the spike in farm growth, which stood at 5.3% versus 3% in the same period last year.
This deal will result in revenues of USD 1.5-1.6 billion for Wipro over the tenure. This is Wipro's largest win to date," Wipro said in a statement.
Pain in the short to medium terms will continue for Idea Cellular.
The Nikkei India Manufacturing Purchasing Managersâ€™ Index registered at 51.7 in August from 52.3 in July.
As per the Bureau of Outreach and Communication under the ministry, the "expenditure on GST advertisements through this bureau" on print media stood at Rs 1,26,93,97,121.
In addition, tax officers are looking to mine data available with the Reserve Bank of India, which allows Indians to send $250,000 overseas annually under the Liberalised Remittance Scheme, without any questions asked.
ED had attached Rs 100 crore worth of property of REI Agro, once a prominent rice processing unit, for alleged money laundering. The company could not repay bank loans since 2013
Yangon northern district judge Ye Lwin said Wa Lone, 32, and Kyaw Soe Oo, 28, breached the colonial-era Official Secrets Act when they collected and obtained confidential documents.
According to OECD, China has set itself up for a brutal demographic collapse.
Iran announced plans to boost its ballistic and cruise missile capacity and acquire modern fighter planes and submarines to boost its defences.
After an initially sceptical reaction, the EU is formulating its response to what has become known as the Chequers plan, which is designed to protect cross-border trade.
Chinese e-commerce billionaire Liu Qiangdong -- also known as Richard Liu -- was briefly arrested in the midwestern US city of Minneapolis over allegations of criminal sexual conduct, authorities said.
The victims reported hearing intense high-pitched sounds in their hotel rooms or homes followed by symptoms that included nausea, severe headaches and hearing loss.
For years Trump feuded publicly with McCain and mocked his military service, continuing to knock him even after he grew ill.
Trump has repeatedly denounced Nafta as â€œone of the worst trade deals ever made,â€ language he repeated on Saturday.
Coca-Cola bought the UK-based coffee chain for $5.1 billion on Friday last week.
There are eight BBMP zones in Bengaluru and each zonal head or joint commissioner will now report to an IAS officer who also holds other positions in the government.
The 25-km long route will run back and forth between Basai Chowk to Huda City Centre to connect old and new Gurugram.
KCR has appealed to the Telangana people not to think of serving the Delhi-headquartered political parties and take inspiration from Tamil Nadu on regional pride.
Lavasa serves as a cautionary tale for India's $7.5 billion plan to turn 100 urban centres into Smart Cities by 2020, with high-speed internet, analysts say.
The temples in Mathura, Vrindavan, Gokul, Nandgram, Govardhan and Barsana are expected to witness huge rush of devotees today.
Rationalist Narendra Dabholkar was shot dead during his morning walk in 2013. Pune police launched a search for his assailants for close to two years but made no breakthrough.
SC had in 2011 rapped the Chhattisgarh govt for treating historian Ramchandra Guha, academic Nandini Sunder, social activist Swami Agnivesh as Maoists for speaking up for the human rights
This exercise, also with an eye on the BJPâ€™s efforts for queering their coalition pitch, will see many MLAs of both parties getting ministerial posts and also chairmanships at commissions and boards
Pune police have claim that they have strong evidence against all the accused like letters written by the accused to Maoists talking about the need for violence to target security forces.
Rahul began his Kailash Mansarovar trip from Nepal on August 31, in accordance with a wish he expressed after the aircraft carrying him developed technical snag during a Karnataka elections
The Jharkhand government in June had requested the Centre to discontinue the project after a social audit found that nearly 97% of the beneficiaries had said â€˜noâ€™ to DBT.
Cabinet Secretariat last week called a meeting with officials of the ministries of external affairs and human resource development to review the shortage of foreign and Indian language interpreters.
Raghubar Das-led state government had proposed that the railway station and Nagar Untari town should be renamed as Banshidhar Nagar after Bandshidhar Temple, dedicated to Lord Krishna.
Defence Minister Itsunori Onodera said China had been "unilaterally escalating" its military activities in the past year, including carrying out new airborne operations around Japan and running a nuclear submarine near disputed East Coast isles.
The first 18 jets will come in a â€˜flyaway conditionâ€™ in 3-5 years after the contract is inked, the rest will be produced as part of a JV between a foreign major & its local partner.
NASA said it would begin a 45-day campaign of active efforts to restore communications with Opportunity once skies above the rover cleared to a sufficient level, Xinhua reported.
After the medal ceremony, the winning athletes used terms like â€˜experienceâ€™, â€˜staying calmâ€™, and â€˜working hardâ€™, things we hear in any athletic pursuit. Of course they also came with terms like tanks, glass cannons and ethereal dragons.
Chasing 245 for a win, India were all out for 184 in their second innings.
Such was Amit's passion and dedication towards the sport that he practised with bare hands for more than six months.
Talking stock: Stay away from cyclicals especially after run-upPain in the short to medium terms will continue for Idea Cellular.
Link Between Assets & LoansIts promoter Venugopal Dhoot was one of the first investors in NuPower Renewables promoted by her husband Deepak Kochhar in 2008. Dhoot subsequently sold his stake but firms controlled by him or associates maintained a relationship with NuPower till early 2013, when control was finally transferred to a trust controlled by Deepak Kochhar for a small sum. The lender and Chanda Kochhar have denied any wrongdoing.The complaint also alleges that the bank has given loans to certain entities and Kochhar has got concessional rates on the property she bought from them.â€œThe probe will have to establish the link between the assets acquired and the loans that were given to the builders,â€ the second person said. â€œThe audit committee also examined the allegations made by an employee in his whistleblower complaint on hiding of NPAs in the SME accounts. There is no materiality in the allegations. The deviation is far less compared to the size of the balance sheet.â€ICICI Bank chairman GC Chaturvedi recently said the Srikrishna panel report was expected in two and a half months.An email to an ICICI spokesman remained unanswered till press time.
In Pic: Vipin Khandelwal Founder, Unovest â€œDividend is the opium of the mutual fund investor. For too long, it has been used by fund houses as a bait to lure investors.â€But this bait now comes with a tax tag. With 10% tax on dividends introduced now, the proposition is no longer taxefficient. Investors who are still tempted by the consistent dividend payouts from these schemes should reconsider their decision. Also, dividends are paid out of the distributable surplus accumulated by funds over the years; there is no guarantee that they will be able to sustain the quantum of payout. If the market nosedives, these funds may not have enough surplus left and dividend payouts may get increasingly erratic. â€œEntering an equity oriented investment for the sole purpose of income generation is a bad idea,â€ insists Amol Joshi, Founder, PlanRupee Investment Services.MISTAKE # 6Turning too bullish on stocks The rally has filled investors with confidence. But overconfidence is a dangerous feeling in the stock market. Investors who are less confident tend to make fewer mistakes than those who are brash and carefree. If you have made good money in the stock market, itâ€™s time to rebalance the portfolio and restore the initial asset allocation. Yet, a lot of investors tend to become their own worst enemies and turn to panic buying. Behavioural scientists say that human biology plays its own tricks here. When a trade goes right and you make money, the brain releases dopamine in the body, which makes the individual feel positive and more confident of doing well. Dopamine is also addictive and makes people feel positive, confident, and energetic. The bigger the anticipated rewards, the more dopamine is released by the brain, pushing the investor into a vicious cycle.Experts say asset allocation holds the key to wealth creation and should be followed like a religion. â€œThe best way to protect your portfolio is by deciding on a percentage balance between equity and debt, and sticking to it by periodically shifting money away from the one that becomes high to the one that becomes low,â€ says Dhirendra Kumar, CEO of Value Research . A prudent investor will overcome emotional biases and rebalance his portfolio to reduce the risk.Also Read: When should investors sell their mutual fund holdings?
sometime away, Jagannadham Thunuguntla, Senior Vice President and Head of Research, Centrum Wealth Management, tells ET Now.Edited excerpts: Are you a buyer in Yes Bank or would you prefer to wait and watch? RBI has spoken in a very unusual language. It is an open-ended statement that says Rana Kapoor to serve as Yes Bank MD & CEO till further notice. and it has created various view points in the markets. One view point is it may be a just matter of time before Rana Kapoor is given the clearance for three years. But another school of thought is had it been so easy, they would not have used that kind of language. Whatever it is, till the time the final stand will be taken by RBI, there will be ambiguity and there will be overhang on the stock. At this moment, markets will be in wait-and-watch mode. As we had witnessed in the case of ICICI Bank and Axis Bank, whenever any management related issue pops up, valuations take a beating and there will be significant time as well as price correction. For instance, if ICICI Bank is trading at 1.5 times price to book or Axis Bank at let us say 2.4 times price to book, and Yes Bank is well above three times. Every time I meet experts, they only tell viewers what to buy. Nobody comes out and say what to sell, where valuations are stretched, where one should be coming out and locking some gains. In this kind of overpriced market and segments like consumer staples, discretionary and durables, where should one be taking some chips off the table? One can always keep booking the profit but the challenge here is that the market has become so narrow that only 40-50 stocks are real performers and if you try to book the profits, the challenge will be to generate that eventual alpha. We have to run the ride along with the market for some more time. Probably a moment will come when we will be better off taking some money off the table. But we are sometime away from that stage. If the market is showing signs of stagnation or tiredness, then probably you can take off some money from this high valued segments. But that is sometime away.Give me a midcap IT investment idea where one can invest and make 15% in next one year. Hexaware can be one opportunity where the stock had taken a beating. It may give an opportunity to accumulate for those investors for 15% per annum a year. But I still feel easier way to play IT is probably the largecap with the rupee weakness and direct beneficiaries. The headwinds will be relatively lower. Infosys or TCS will be a better choice. But if somebody insists on midcaps, probably Hexaware can be a choice.The star stock for the week gone by was Piramal Enterprise. After their long 100-page presentation everyone on the Street is actually blown away. I met folks from Kotak Mutual Fund on Friday and somehow the Street is convinced that if real estate makes a comeback, a company like Piramal Estate would benefit disproportionately. What are your thoughts? Piramal Enterprises is a class act any level we look at. It is a high quality pedigree management and they have proven time and again that they are slightly ahead of the market in terms of getting the trends right and in terms of investment decision. As everybody knows Ajay Piramal thinks more like an investor than like a businessman.Being an investor, if you are slightly ahead of the curve and ahead of the investment cycle, you will get the pricing and timing right and he has proven that in many industries. I am sure post all the restructuring, whatever new entities get floated, I am sure there will be a lot of value unlocking. Also, interestingly, this is the same year in which the non-compete period also will end. Ajay Piramal went on record saying that they may be looking at some pharma acquisitions also. So, a lot is happening at the Piramal level. I expect good things to happen and already the share price is showing that. It is a perfect portfolio stock for every investor. It is not a trading stock. Hold it for a long time. I am sure the wealth creation can be in unimaginable proportions.
INCENTIVES TO DRIVE AUTOMATION Sekhar had added that the company was originating deals worth millions of dollars from its innovation hub in Bengaluru and was focusing on innovation-led sales.IT companies are also looking at specifically incentivising sales people to drive automation, even if it cannibalises current revenue.â€œThe entire sales team has been fully incentivised and coached so that wherever they see an opportunity for automation, they should lead with automation as the solution,â€ Tata Consultancy Services CEO Rajesh Gopinathan said last month. Accenture has similarly placed automation leads in its projects. Analysts said the nature of incentives has changed given the evolution of digital deals and the growth of automation.â€œThe delivery units spend most of their time with the client--they would have a better understanding of how the clientâ€™s business is progressing and could leverage an innovation they are working on to drive an expanded contract,â€ said an analyst at a Mumbai-based brokerage. â€œWe are hearing that companies are reworking their incentive programmes, especially with there being fewer large deals in the market.â€Itâ€™s not just IT companies looking at incentivising their sales force with top-end cars. Business process management company WNS gives its top sales executives Porsches every year, Swaminathan R, chief people officer at the company, said in a post on social media site LinkedIn.
It reaffirms a steady revenue source for the co at a time when it is aiming at industry-matching numbers.
Software AG, which has its largest research and development centre in India with nearly 800 people, has filed for 25 patents from the country in IoT and other emerging technology areas.
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Firefighters try to extinguish a fire at the National Museum of Brazil in Rio de Janeiro, Brazil on 2 September 2018.
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NEW YORK, SEP 3 :- Serena Williams of the USA hits to Kaia Kanepi of Estonia (not pictured) in a fourth round match on day seven of the 2018 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center, Sept 2, 2018; New York, NY, USA. Mandatory Credit: Robert Deutsch-USA TODAY Sports/REUTERS-8R
KIEV, SEP 3 :- Models wait for a presentation of the creations by Ukrainian designer Jean Gritsfeldt during Ukrainian Fashion Week at the railway station in Kiev, Ukraine September 2, 2018. REUTERS-7R
RIO DE JANEIRO, SEP 3 :- A fire burns at the National Museum of Brazil in Rio de Janeiro, Brazil September 2, 2018. REUTERS-6R
NEW YORK, SEP 3 :- Sloane Stephens of the United States hits a backhand against Elise Mertens of Belgium (not pictured) in the fourth round on day seven of the US Open at USTA Billie Jean King National Tennis Center, Sep 2, 2018; New York, NY, USA. Mandatory Credit: Geoff Burke-USA TODAY Sports/REUTERS-5R
NEW YORK, SEP 3 :- Juan Martâ€™n Del Potro of Argentina hits a backhand against Borna Coric of Croatia (not pictured) in the fourth round on day seven of the US Open at USTA Billie Jean King National Tennis Center, Sep 2, 2018; New York, NY, USA. Mandatory Credit: Geoff Burke-USA TODAY Sports/REUTERS-4R
WASHINGTON, SEP 3 :- Atlanta United goalkeeper Brad Guzan (1) gestures after making a save against the D.C. United during the first half at Audi Field, Sep 2, 2018; Washington, DC, USA. Mandatory Credit: Brad Mills-USA TODAY Sports/REUTERS-3R
DEL MAR, SEP 3 :- Police cars arrive after shots were fired, before rapper Ice Cube's concert at Del Mar Racetrack in Del Mar, California, U.S., September 2, 2018 in this still image taken from a video obtained from social media. Gary Taylor/via REUTERS-2R
YANGON, SEP 3 :- Reuters journalist Wa Lone departs Insein court after his verdict announcement in Yangon, Myanmar, September 3, 2018. REUTERS-1R
Tender
Kolkata, Sep 3 (UNI) Chief Minister Mamata Banerjee has named the three royal Bengal tiger cubs born on May 11 at Bengal Safari Park near Siliguri as Kika, Rika and Ika.
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Financial savings are up, but cash is king again
FY18 deposits fell below pre-demonetisation levels, savers halved deposits to â‚¹4.7 lakh cr. but added the same sum in currency
Rupee recovers from record low, up 23 paise against U.S. dollar
The rupee had plunged by 26 pise to a record low of 71 against the U.S. currency on Friday
â€˜Sringaramanjariâ€™: Where oceans of culture meet
The pages of this Sanskrit trestise eschew a story of timeless love, passion and the strife it accompanies
CNN pulls Asia Argentoâ€™s episodes of Anthony Bourdainâ€™s â€˜Parts Unknownâ€™
In August, a report in the New York Times alleged Ms. Argento, who was a primary accuser of disgraced Hollywood mogul Harvey Weinstein, had herself sexually assaulted former child actor Jimmy Bennett when he was 17.
Karnataka ULB poll results live updates: Mysuru throws fractured verdict
The ruling coalition partners Congress, Janata Dal Secular and Bahujan Samaj Party have garnered nearly 50 per cent of the total seats declared so far
U.S. continues to press Pakistan to â€˜indiscriminatelyâ€™ target terror groups: Pentagon
The Pentagonâ€™s move, which needs to be approved by the U.S. Congress, is part of a broader suspension of aid announced in January
Stalin blames TN government for damage to shutters at Upper Anicut
Likening the AIADMK regime led by Chief Minister Edappadi K. Palaniswami to the damaged regulator across Coleroon river at Upper Anicut, DMK presiden
Karnataka ULB polls: Hassan continues to be JD(S) bastion
The Janata Dal (Secular) continues to remain strong in its bastion Hassan. Of the 135 wards of five urban local bodies, which went to the polls on Aug
Stones hurled at MP CM Chouhanâ€™s vehicle in Sidhi
Miscreants threw stones on the vehicle carrying Madhya Pradesh Chief Minister Shivraj Singh Chouhan, who is touring the State ahead of Assembly elec
Sensex, Nifty rally on robust GDP data, rupee recovery
The gauge had lost 251.56 points in the past three sessions.
Dogs bark keeps Lalu awake all night in Ranchi hospital
Rashtriya Janata Dal chief Lalu Prasad has requested the jail authorities to shift him to paying ward of the Rajendra Institute of Medical Sciences (R
Myanmar court sentences Reuters reporters to 7 years in jail
The two journalists had been reporting last year on the brutal crackdown by security forces on the Rohingya in Rakhine state.
China-Africa summit, Stalin visits Mukkombu, and other news in pictures
Â 11:00 amXi Jinping promotes 'Belt and Road' as Africa growth toolChinese President Xi Jinping has promoted Beijingâ€™s initiative to build a â€œNew Silk
Serena Williams hits 18 aces in U.S. Open win; Isner into quarterfinal
Defending menâ€™s champion Rafael Nadal reaches his fourth Grand Slam quarterfinal of the season
Mixed signals on the safety front
The enforcement of the helmet rule may be the latest point of discord between the Raj Nivas and the government.However, making riders wear the head g
Spandan concludes after week of festivities
The inter-college fest that began on August 27 featured an extravaganza of sports, arts and literary events
700 IPPB accounts opened in Pudukkottai Division
Seven hundred India Post Payments Bank (IPPB) accounts have been opened in Pudukkottai Division.The IPB Pudukkottai Branch has been inaugurated and t
An overflowing drain that raises a stink
â€˜Drainage overflowing in front of the railway junction is unsightlyâ€™
Massive blaze at 200-year-old Rio museum
A massive fire tore through a 200-year-old museum in Rio de Janeiro late Sunday, lighting up the night and sending large plumes of smoke into the ai
Madurai couple add value to agriculture
Have spread organic farming among small and marginal farmers in 15 States
LED street lights for 72 wards
The tender process for the LED lights in 72 wards to begin in two weeks, says Commissioner
A handy app for farmers
Now, farmers can have information regarding State government schemes, subsidies on offer, fertilizer stock and other details from Uzhavan App, which
â€˜Early diagnosis helps in cure of paediatric cancerâ€™
Early diagnosis and right kind of treatment played a huge role in successfully treating cases of paediatric cancer, said T. Kasi Viswanathan, Head of
Water goes waste, much tothe chagrin of residents
â€˜I complained thrice through Corporationâ€™s WhatsApp helpline but to no availâ€™
Pizhala islanders rue incomplete bridge
Lack of link with mainland was a major cause of worry for them during floods
Do away with NEET, says Veeramani
Dravidar Kazhagam president K. Veeramani on Sunday called for the National Eligibility-cum-Entrance Test to be abolished.In a statement, he said, â€œCru
â€˜CBI should investigate sexual harassment charge against IGPâ€™
Investigating officer should be from outside T.N., says TTV
Geologist suggests storing excess water in dry water bodies
Suggests strengthening Anicuts, deepening distributory drains
â€˜TTV conspired against Amma to become CMâ€™
Panneerselvam terms Amma Makkal Munnetra Kazhagam a fake organisation
Three held with tobacco products worth â‚¹1 crore
They supply the products to parts of the city and Kollam
RTI applicants lament civic bodyâ€™s reluctance to share information
For the past two years, activist J. Daniel has been waging a battle of sorts with the Coimbatore Corporation seeking information on the payments it ha
Corpn. asks traders, retailers to do away with plastics before deadline
Sanitary supervisors and inspectors of the Coimbatore Corporation have begun meeting business establishments in their work area to explain to them the
Corporation begins work on lake development project
Total project cost estimated at over â‚¹700 crore
Five arrested for plot to kill leaders of Hindu outfits
Five persons who were taken into custody on charges of hatching a conspiracy to murder Hindu Munnani leader Arjun Sampath and and Sakthi Sena leader A
â€˜Benefit from apprenticeship programmeâ€™
Industries across sectors should make use of the new apprenticeship framework and skill their workforce, said Surajit Roy, senior head of the apprent
Over 1,000 students participate in band contest
Over 1,000 students from 26 schools in the State and neighbouring Puducherry took part in the 18th inter-school band competition held at Yuva Bharath
East Fort to be an easy walk
Two foot overbridges may make the busy area less chaotic
All the way from Bhutan to learn welding
20-member team is being trained at Sri Ramakrishna Advanced Training Institute, Coimbatore
Awareness rally on eye donation taken out
Gap between demand and supply of cornea is high: ophthalmic surgeons
Infanticide: Mother held
The police have arrested a 22-year-old woman on the charge of murdering her newborn by slashing the babyâ€™s throat with a razor blade soon after child
A Herculean task awaits KSRTC
More time and effort need to operate buses from Kattappana bus depot
Doubts over dam management: Experts
Huge sand and mud deposits may be due to unscientific opening of dam gates
Time to rein in urban road contractors, says expert
â€˜Quality is taking a beating in the absence of penalty clauseâ€™
â€˜Treasure huntâ€™ to raise money for polio eradication
A heart-warming gesture, says TDP MLC Venkanna
City artist performs feat on motorcycle
â€˜An effort at highlighting our plight in todayâ€™s digital worldâ€™
Pawan thanks Naidu, Lokesh for wishes
Jana Sena Party president K. Pawan Kalyan thanked Chief Minister N. Chandrababu Naidu, IT Minister Nara Lokesh and others in response to the birthday
Jagan will take YSRâ€™s ideals forward: Vijayamma
Homage paid at the late CMâ€™s samadhi on his death anniversary
Forest staff face smugglers with outdated arms
â€˜Venturing into forest with a pump action gun is very riskyâ€™
Domestic help throws savings in demonetised notes into river
The note ban has deeply hurt Meenakshi, a 41-year-old domestic help, of Gowri Koplu in Hassan. The woman, with speech and hearing impairment, threw â‚¹1
Janmashtami at Golden Temple
The first Sri Krishna Janmashtami festival at Sri Lakshmi Narasimha Swamy Golden Temple, Banajara Hills Road No.12 started on Sunday 4.30 a.m. onwards
Protocol breached in Tamil Nadu organ transplant case, says probe
â€˜Salem case attracts provisions under Transplantation Act and IPC sectionsâ€™
Petrol, diesel prices hit all-time high
The prices of petrol and diesel hit an all-time high in Delhi, Mumbai, Kolkata and Chennai on Sunday as oil marketing companies (OMCs) increased it f
â€˜Delhi has become waterlogging capitalâ€™
AAP, BJP have failed to come out with permanent solution to the problem: Cong
Chennai woman arrested for murdering her children
Russians protest new pension law
Thousands of people across Russia joined protests on Sunday against government plans to raise the pension age, despite recent promises by President Vl
â€˜Iran has to boost its defence capabilitiesâ€™
Khamenei says military war is unlikely
UN begins talks on treaty to protect imperilled high seas
It focusses on providing environmental protection to 46% of the planetâ€™s surface
Future of Hong Kongâ€™s famed dim sum restaurant in limbo
Real estate boom, spiralling rents have shut many businesses
Shanghai exhibit draws egg-lovers and selfie-takers
The pop-up installation shares the universal love for eggs and provide a momentary escape from the cityâ€™s buzzing lifestyle
Lap dancing is now an offence in Israel
Lawmakers back Bill to outlaw striptease
No evidence of radicalisation at Rohingya camps in Bangladesh, says UN official
UNâ€™s Senior Humanitarian Coordinator Sumbul Rizvi warns of a humanitarian crisis ahead of cyclone season.
Einsteinâ€™s letter inviting colleague to tea may sell for $18k
Dated October 19, 1928, the letter was written at a time when Einstein, Reichenbach, and Austrian physicist Erwin Schrodinger, were all teaching at the Humboldt University of Berlin.
Car bomb attack strikes local government office in Mogadishu: police
A car bomb struck a local government office in Mogadishu in a suicide attack on Sunday, police said.A Reuters witness said there was a huge blast and
Chinese police detain 46 people at education protest in Leiyang city
People angry about the difficulty of enrolling their children at public schools protested near six schools and a government building and blocked roads, police said.
Contestant to wear hijab in Miss England finals
A 20-year-old Muslim woman is set to become the first to wear a hijab in the Miss England finals, a media report said on Sunday. Sara Iftekhar will
U2 lead singer Bono loses voice during Berlin show; concert rescheduled
â€œBono was in great form and great voice prior to the show and we were all looking forward to the second night in Berlin, but after a few songs, he suffered a complete loss of voice,â€ the statement said.
Probe into sexual misconduct allegations against Indian employed in UN Women completed
A UN spokesperson had also confirmed to PTI last month that the individual under investigation was Ravi Karkara.
Telangana to discuss ban on e-cigarettes
Keep differences aside if you want to win, says Mallikarjun Kharge
KCR can lead the nation, says son KTR
KCRâ€™s speech full of lies and deceit: Uttam
â€˜Evades talking about unfulfilled promises in his address to peopleâ€™
Adivasis give TRS meeting the go-by
Send away buses meant for taking them to the venue
Government offers more sops to people
Honorarium for second ANMs enhanced to â‚¹21,000
War of words over FIR against Robert Vadra in land deal
NGT puts curbs on Western ghats States
Giving clearance to activities may adversely impact ecosystem
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Ardent Environmentalists: How Women Of A Jodhpur Village Propel The Bishnoi Sentiment For Ecology And Life
Starved Of Water For Irrigation, North Karnataka Farmers Look For Divine Intervention
India Now Third Largest Electricity Producer In The World, Beats Out Russia And Japan
This Is How The Modi Government Plans To Ensure MSP For Kharif Crops To Farmers
Watch: Stones Pelted At Madhya Pradesh CM Shivraj Singh Chouhanâ€™s Vehicle In Congress ConstituencyÂ
Krishna In Music: How The Muse Is Celebrated In Five Soulful Renditions
With Lalu Yadavâ€™s Support, Kanhaiya Kumar Enters Electoral Fray As Mahagathbandhan Candidate From BegusaraiÂ Â
Bones Of Contention: Who Do The Rakhigarhi Skeletons Really Belong To?
FIR Filed Against Rahul Gandhiâ€™s Brother-In-Law Robert Vadra In Gurugram Land Scam CaseÂ
Gender, Caste, And Sanskrit: Thereâ€™s Space For A Multitude Of Views, And None Need Prevail
Gadag â€" Home To Fascinating Temples Of Kalyani Chalukyas
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AR Rahman donates Rs 1 crore towards Kerala flood relief
Diesel, petrol prices at an all-time high
Microwave weapons behind injured US diplomats in Cuba?
MP: Stones hurled at CM Shivraj Singh Chouhan's campaign bus
MP: Stones hurled at CM Shivraj Singh Chouhan's campaign bus
India is in existential crisis, says lawyer Prashant Bhushan
Telangana: KCR hints at early assembly polls
Asian Games: Rani Rampal carries tricolour as India ends its most successful campaign
Abhishek Bachchan: No 'Bunty Aur Babli' sequel in works as of now
As an actor you are always lonely: Shahid Kapoor
Incident happened at Churhat near Sidhi; Chouhan unhurt
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Agencies
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September 02, 2018
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Construction sector showing signs of growth: Neelkanth Mishra
IndiGo Airlines sale: 10 lakh seats up for grabs at fares starting Rs 999
Fast trains likely on Noida-Greater Noida Metro corridor
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Midcap cement Q1 review: Volumes showing strong uptrend; Prefer Ramco
Fuel price surge continues; petrol touches new all-time high of Rs 86.56 per litre in Mumbai
5 parameters to check while comparing mutual fund schemes
Government to target 25 clusters to boost handicraft exports
Buy USDINR; target of 71.20 - 71.30: ICICI Direct
Ideas for Profit: Shift to value added products to boost earnings growth for dairy cos
Markets@Moneycontrol: Nifty likely to open higher; 3 stocks which could give 7-10% return
Myanmar judge convicts two Reuters reporters in landmark secrets case
China August manufacturing growth slows to 14-month low
Kanhaiya Kumar likely to contest from Begusarai on CPI ticket
Congress must protect interests of party workers to win in 2019: Manish Tewari
Rafale deal: Will move court when we get documents, says Kapil Sibal
English Premier League: Top moments from Game Week 4
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L&T rises more than 1% post construction arm win orders worth Rs 2,654cr
D-Street Buzz: IT, pharma stocks rise led by Wipro, Dr Reddy's Labs; Network18 zooms 15%
Tread with caution going ahead; bet on these 2 stocks for double digit returns
Eicher Motors rises 2% on better August sale nos; export jumps 23%
Bajaj Auto gains over 2% as August sales rise 30% to 4.37 lakh units
Bajaj Autoâ€™s August sales up 30% YoY at 4.37 lakh units, exports rise 35%
Top 10 moneymaking ideas from experts that could give 5-17% return in September
Tata Motors' shares gain 2% after August sales see 27% growth; Goldman Sachs cuts target to Rs 283
Maruti Suzuki slips 1% as August sales take a hit due to Kerala floods
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Prakash Gaba for short term
ICICI Bank down 1.5% on report of probe into property dealings by Chanda Kochhar & family
Property dealings by Chanda Kochhar & family to be probed by Srikrishna panel: Report
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Podcast | Stock picks of the day: Nifty rally likely to continue; 3 stocks which could give 6-14% return
Check out the top 10 stocks which moved the most last week
Rupee & crude prices to be on marketâ€™s radar; 3 stocks to bet on
Stocks in the news: Wipro, Tata Motors, Ashok Leyland, Britannia, HCL Tech, Graphite
Week Ahead: GDP, auto sales & rupee, among 10 things to keep D-Street on its feet
D-Street Buzz: IT & pharma stocks outperform with Tech Mahindra, Lupin up 3%; RIL falls 2%
Real estate shares down 2-3% after SC ban on construction in some states
Stocks in the news: Idea, Wipro, ICICI Securities, Mahindra Logistics, PNC Infratech, LKP Finance
Armed Robbers Barge into Ganga-Kaveri Express, Steal Cash and Jewellery
Mahindra Marazzo launched in India at Rs 9.99 lakh
Sankar: Indiaâ€™s Fourth Innings Stumbles Continue Unabated
Ideas for Profit: Parag Milk Foods
Will the markets sustain the rally?
Truck and bus demand stays robust in August
BJP's return in 2019 would set India on a high-growth path for the next decade
Which MF plan should the first-time investors choose â€" Regular or Direct?
Mahindra Marazzo to debut today, will take on Maruti Ertiga
Earnings, Moneycontrol Research
Todayâ€™s Theme : Multi Cap - Direct Funds
Principal Multi Cap Growth Fund - Direct Plan (G)
ICICI Prudential Multicap Fund - Direct Plan (G)
2 hours ago
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9 minutes ago
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Annual Return: 9.84%
Annual Return: 20.54%
Annual Return: 23.87%
Annual Return: 19.56%
Live: Sensex, Nifty Rangebound; Pharma Shares Rally
SEBI Seeks To Recover Penalties Even When Appeals Are Pending
Discussing The Supreme Court's Ban On Construction Across 3 States
iThought: Seeing Continuation Of Domestic Inflows With The Rise In Market
Reliance Industries The Most Expensive In The World
Rupee, Bonds May Continue To Weaken; Dollar Strengthens
Apollo Hospitals Got A Good Bill Of Health
Vimta Labs Tastes Success In Q1
Three Years Into The Bad Loan Clean-Up, Resolution Remains A Distant Dream
Why Bulls May Take A Breather After Record Run
Employee Stock Option Plans By PSU Banks See Mixed Response
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Indiaâ€™s Cash Ban Failed Even To Create A Bank Savings Culture
The Turkish Lira Faces An Unwelcome Reminder
Indiaâ€™s Manufacturing Growth Eases Further In August
Wipro Gains After Biggest Deal Win; L&T Infotech Slips On Offer-For-Sale
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Bajaj Auto Clocks Highest Ever Monthly Sales
Biggest India Bond Inflow In Seven Months Fails To Rescue Rupee
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Stocks Decline Across Asia; Dollar Holds Gain: Markets Wrap
Reliance Is The Worldâ€™s Costliest Energy Stock To Own
Coal Indiaâ€™s Production, Shipments Advance In August
Tories Propose Norway-Style Bridge To Canada-Style Brexit
South Koreaâ€™s Moon To Send Security Head, Spy Chief To Pyongyang
Chinaâ€™s Consumers Are On Point To Defend Economy From Trump
Gems, Jewellery Exports Decline By About 5% In April-July
How To Avoid Crummy Hotels Forever
â€˜Crazy Rich Asiansâ€™ Spurs Strong Labor Day Theater Sales
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Myanmar jails Reuters reporters in state secrets case
Mumbai court to hear ED case against Mallya today
Massive search operation in J-K's Pulwama district
Petrol price hits all-time high at Rs 86.56/litre, diesel at Rs 75.54/litre
Petrol price in Delhi rose to a record Rs 79.15 a litre and diesel climbed to a fresh high of Rs 71.15, according to price notification of state-owned fuel retailers.
Stones hurled at Shivraj Singh Chouhan's vehicle in MP
No infighting, all Rajasthan leaders on same page: Congress
Humsafar to replace Garib Rath on Chennai-Delhi route
CIC poser on Krishna Devarayaâ€™s jewellery gift to Lord Balaji
Video row: Chennai police end up arresting wrong twin
Centre issues parameters for metro rail components
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Glimpses of TRS' Pragathi Nivedana Sabha in Telangana's Ranga Reddy district
The ruling Telangana Rashtra Samithi (TRS) put up a huge show of strength on Sunday ahead of likely declaration of early assembly polls in the state.
Asian Games 2018:Â Indonesia bids spectacular farewell
India vs England: Moeen Ali bowls England to series win over India
Sitharaman, Gen Rawat review troopsâ€™ preparedness in J-K
Hardik Patel declares his will as fast enters ninth day
Sidhu says optimistic about Indo-Pakistan ties after Islamabad visit
Not filing your ITR will cost you more than cash penalty
Teak smuggled from Maharashtra seized
SidduÂ told to resolve Belagavi Congress mess
Rising water level, 40 families shifted
With 15 seats, JD(S) eyes BBMP Mayorâ€™s post
Loss of Rs 702 crore caused by floods in district
Students clean Muvattupuzha river
Kolathur residents in fear of rains, flood
Three FOBs to be ready by September end
Helmets will save a lot of lives: Police
New promo released for Dhanush starrer Vada Chennai
The team behind Dhanush starrer Vada Chennai has released a new promo, introducing the major characters in the film.
Varalaxmi Sarathkumar shares 'mandatory' group photo after Sarkar shoot wrap
Nicholson gave same performance over 7 takes in 'A Few Good Men' iconic scene
Bhatt excited about 'Jalebi- The Everlasting Taste Of Love
Directing was nerve-wracking experience: Idris Elba
England were braver than us in tougher situations: Virat Kohli
Kohli gave the home team credit for setting up a tough target of 245 on a pitch where scoring runs wasn't really easy.
Coming back from pregnancy harder than I thought, says Serena Williams
Today is probably the best Moeen Ali has ever bowled for England: Joe Root
Six-time champ Serena Williams battles into US Open quarter-finals
Expectation replaces hope
Chinese documentary Common Destiny presented at Venice Film Festival
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See you in Beijing, African friends!
Chinese premier meets Cote d'Ivoire's president
China's top legislator meets Equatorial Guinea president
AU officially launches representational office in Beijing
Cholera-infected children receive medical treatment at hospital in Sanaa, Yemen
Feature: Renowned U.S. medical center upbeat about opportunities in China
2018 Slovak Int'l Air Fest kicks off at Sliac airport, central Slovakia
Three South China Tiger cubs play at breeding base in Suzhou, east China
Early autumn scenery of Hongze Lake wetland in east China
In pics: butterflies lingering over flowers
Manhattan skyline seen from Arthur Ashe Stadium in New York City, U.S.
40th Chicago Jazz Festival held in Millennium Park
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Feature: Premium Chilean wines court Chinese palate
Chinese acrobats perform in Saint-Prex, Switzerland
Int'l Tenor and Bass Trombone Competition concludes in Budapest
FOCAC to strengthen China-Africa environmental cooperation: UNEP chief
Nadal beats Basilashvili 3-1 to enter U.S. Open quarters
Serena Williams roars into U.S. Open quarters
Alaska wildlife officials try in vain to help wandering sea lion back to ocean
S.Korea's fruit imports hit record high of 1.24 bln USD in 2017
Huge fire engulfs Brazil's esteemed museum
China supports Africa building Belt and Road: Xi
Stephens beats Mertens 2-0 in U.S. Open women's singles
Interview: China's engagement brings Africa inspiration, knowhow to climb technology ladder -- IMF official
Costa Rica should actively participate in Belt and Road Initiative, says expert
Blast in Philippine port damages army, coast guard boats, no injuries
Chinese shares close lower at midday
ChiNext Index closes lower at midday
Tokyo stocks retreat in morning on U.S.-Canada trade talks concern
PNG begins consultations for 10-year strategic plan in coffee industry
Li Zhanshu met with Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo ahead of the 2018 Beijing Summit of the Forum on China-Africa Cooperation.
Inauguration ceremony of Representative Mission to the People's Republic of China for the African Union held in Beijing.
Interview: El Salvador hones strategy to woo Chinese tourists
Senior CPC official meets Angolan president
Immigrant family use fake passports to seek asylum in Norway: report
Chinese shares open lower Monday
Chinese yuan weakens to 6.8347 against USD Monday
Colombian forward Trellez saves Sao Paulo's blushes
Palestinian band "Typo" performs in "on the roof" music concert
Citizen Charter
Japan is moving further away from defense-only postwar strategy
Plant for Pakistan
Massive fire tears through Rio's 200-year-old National Museum
Five held in Coimbatore for ‘plotting’ to eliminate leaders of Hindu outfits
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Commentary: Chinese investment brings Africa hope, not trap
2019 NDAA defines future of US military, shows a resurgence of Cold War mentality
Major Delivery of Mining Equipment Highlights XCMG's Strength in South Africa
Nidec Announces the Status of Own Share Repurchase
J.P. Morgan Securities, Inc. (Muni. Deriv.) Puttable Tax-Exempt Receipts (PUTTERs), Series 2271 -- Moody's assigns A1 to SMBC's EMTN drawdown (Japanese only)
Ireland Manufacturing Growth At 7-Month High
Indian Rupee
Spectris Confirms Appointment Of Andrew Heath As CEO Designate
United Utilities' Water Division Submits Business Plan Covering 2020-25 Period
WSJ: WPP To Appoint Mark Read As Its Next CEO - Quick Facts
Sumitomo Corporation -- Moody's assigns (P)Baa1/(P)P-2 to Sumitomo Corp's EMTN Programme (Japanese)
Sumitomo Corporation -- Moody's assigns (P)Baa1/(P)P-2 to Sumitomo Corp's EMTN Programme
European Economics Preview: Eurozone Factory PMI Data Due
BrightHR Launches in Ireland in Answer to the Country's Burgeoning SME and Start-up Scene
Evox Therapeutics Completes Â£35.5 Million Series B Financing
Peninsula Survey Reveals What's Stopping SMEs From Reaching Their Productive Potential
European Shares Seen Opening Flat
Sanofi: EC Grants Marketing Authorization For Cablivi To Treat ATTP
Japan Capital Spending Rises Most Since 2007
Sensorion Announces Three Poster Presentations At The 55th Inner Ear Biology Workshop
India's Manufacturing Sector Expands At Slower Pace
iQIYI Licenses Premium Content to Air New Zealand in Strategic Partnership
CGG: Develops a Centre for Advanced Imaging for PETRONAS Carigali Sdn Bhd
BOE Smart Retail Solution Wins
Adani Abbot Point Terminal Pty Ltd -- Moody's revises outlook on AAPT's rating to positive from stable, affirms Ba2 rating
The9 To Sell 21 Mln Shares For Minority Equity Stake In Leading Choice
Australia Job Ads Fall In August
EQS-News: CEVA Logistics appointed as the first APAC Distribution Centre for Honeywell Aerospace Trading
DGAP-News: Diok RealEstate AG: Diok RealEstate AG makes substantial portfolio improvements
Australia Retail Sales Remain Flat In July
Japan Manufacturing Growth Improves In August
China Manufacturing Sector Growth Weakens In August
Winning IFA Product Technical Innovation Award, setting up new overseas brands, SKYWORTH unveils
The9 Limited Announces Share Exchange Transaction
Sensex Up 128 Points In Early Trade; Nifty Rises Above 11,700
Bank of East Asia Ltd, Singapore Branch -- Moody's: Outlook for Hong Kong banking system is stable, supported by steady economic growth
Moody's: Outlook for Hong Kong banking system is stable, supported by steady economic growth
Stein Insurance Company Limited -- Moody's withdraws Stein's rating for business reasons
DBCT Finance Pty Ltd. -- Moody's revises outlook on DBCT's rating to positive from stable, affirms Ba1 rating
Sekisui Specialty Chemicals Announces Global Price Increase
Swedish Beauty-Tech Brand FOREO Launches AI-Enabled
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Navy Body Bearers move the casket of the late Senator John McCain to a horse-drawn caisson after his funeral service at the United States Naval Academy Chapel, Sept. 2, 2018. John Sidney McCain, III graduated from the United States Naval Academy in 1958.
PHOTO: A mock-up of the billboard that USA Latinx set out to raise six thousand dollars for, which is set to go up in October when President Trump visits Texas to rally for Ted Cruz.
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PR photos of the day: SCO Peace Mission 2018: Pakistan, India conduct first joint anti-terror exercise in Russia
The Pakistan contingent comprises 110 members, while the strength of the Chinese contingent is of 748 personnel
by Dawood Rehman | Published on August 24, 2018 (Edited August 24, 2018) ðŸ"—
MOSCOW – In a first such event, military personnel from India and Pakistan are participating in an anti-terrorism exercise organised by the Shanghai Cooperation Organisation (SCO) in Russia.
The six-day SCO drills, which have brought the two countries together for the Exercise Peaceful Mission 2018, will continue till August 29 at Chebarkul town in Chelyabinsk Oblast in Russia.
The exercise is aimed at enhancing cooperation between member states to deal with the growing threat of terrorism and extremism.
Around 3,000 soldiers from India, Pakistan, China, Russia, Kyrgyzstan, Tajikistan and Kazakhstan are taking part in the exercise.
The Pakistan contingent comprises 110 members, while the strength of the Chinese contingent is of 748 personnel.
The 200-member strong Indian contingent has 167 Indian Army personnel including four women officers and 33 personnel from the Indian Air Force.
The opening ceremony of the peace mission exercise was conducted at the Combined Arms Range at Chebarkul. It started with a speech by Central Military District Commander Col Gen Alexander Lapin, the Exercise Chief, who exhorted the participating troops to execute all tasks allotted to them in a professional manner.
The meet was declared open with the hoisting of national flags of all member nations, accompanied by respective national anthems. Contingent commanders also addressed the gathering followed by an impressive march past.
The SCO Peace Mission Exercise takes place every two years.
The Peace Mission 2018 also created history when for the first time as four major military powers of the region – China, Russia, India and Pakistan – are participating in the same military drill.
In previous editions, only Central Asian nations participated.
Pakistan and India were given the status of full members of SOC in 2017.
With India and Pakistan joining the exercise, SCO’s counter-terrorism mission has expanded to South Asia, a region in a grip of terrorism and extremism.
9:13 PM
PR photos of the day: ZTZ-88A of Xinjiang MD
Here are some rare photos of ZTZ-88A (Type 88A) MBT in action. It is one of the last "Soviet pedigree" PLA MBT remaining in service; only 186 copies are procured before production shifted to a more indigenous ZTZ/Type 96
Note the extended 105mm rifled gun.
1:25 PM
PR photos of the day: SCO Peace Mission 2018: Pak...
Press Release
The annual defense white papers Japan has released in recent years have delivered the same message: the security situation in the neighborhood is severe.
09-03 10:36:25
Japan's defense ministry held a ceremony in Yokohama on July 30 for naming of the country's seventh Aegis escort warship; it has been named Maya and is likely to be commissioned around March 2020.
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Copyright:(C)Mon 03 Sep 2018, 11:47:172018Mon 03 Sep 2018, 11:47:17 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
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Copyright:(C)Mon 03 Sep 2018, 11:42:552018Mon 03 Sep 2018, 11:42:55 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
MUMBAI: The Reserve Bank of India (RBI) has bought gold for the first time in nearly a decade, signalling that the metal could be in demand as a store of value when returns and capital values of fixed-income bonds are declining in a rising rate environment.The RBI added 8.46 metric tonnes of gold to its stock of holdings during the financial year 2017-18 that ended June 30, taking the level of gold reserves to 566.23 metric tonnes, according to its latest annual report.It last bought 200 metric tonnes from the IMF to boost its reserves in November 2009.Over the past nine years, the gold stock in RBI reserves was stable at 17.9 million troy ounce. But RBI has started adding to its stock since December 2017, data submitted to the IMF indicate.Stock of gold, as of June 30, amounted to 18.20 million troy ounce or equivalent to 566.23 metric tonnes, up from 17.9 million troy ounce in November, 2017.The RBIâ€™s decision to buy gold is significant because unlike many other central banks such as the Peopleâ€™s Bank of China, RBI does not regularly trade in gold, although the RBI Act permits it to do so.Economists reckon that investing in gold is a prudent treasury move by the central bank at a time of rising yields. RBI has already sold close to $10 billion worth US treasury securities between April and June, data with the US treasury department suggest.â€œThe addition of gold to RBIâ€™s forex reserves is probably a diversification of assets for their deployment, keeping in mind both the build-up of reserves in 2017 as well as the evolving global risks, including market volatility and rising policy rates in the US,â€ said Saugata Bhattacharya, chief India economist at Axis Bank.Rising yields could trigger mark-tomarket losses for RBIâ€™s bond portfolio. Of the $405 billion worth reserves with the central bank, $245 billion were held in the form of bonds and securities as of June 30, data submitted to the IMF show.Diversifying reserves to include gold is a prudent measure at such times. The Annual Report points out that RBI continued diversification of foreign currency assets with attention to risk management. The gold portfolio had also â€œbeen activated,â€ said Bhattacharya.The RBI did not say where it bought the gold from or the reasons for such transactions. But economists say that the central bank might also want to create a buffer to meet the redemption needs of Gold Bond Schemes through which it sold bonds worth more than ?4,000 crore.The RBI has to redeem the three- to eight-year bonds at the prevailing price of the metal and keep an extra stock of gold in its kitty to hedge against price risks.
Mumbai: The probe into charges against Chanda Kochhar will cover all property dealings by the Kochhar family since she took over as CEO of ICICI Bank. The board has asked Justice BN Srikrishna, who is conducting the investigation, to look into all allegations against Kochhar, said two people familiar with the matter.It has asked Srikrishna to examine whether properties and assets acquired by the Kochhar family since she took over as CEO were purchased at concessional or lower than prevailing market prices. He will also look into possible banking relationships and the terms of loans or banking facilities enjoyed by builders or sellers of these assets with ICICI Bank.â€œThat is correct. I am heading an investigation into several allegations made by a whistleblower against her,â€ Justice Srikrishna told ET. Kochhar took charge as CEO of the bank in 2009.â€œThe audit committee believes that the enquiry be done fully rather than being carried out in instalments,â€ a person aware of the decision told ET.The board of ICICI Bank ordered an independent enquiry after complaints that Kochhar violated the bankâ€™s code of conduct and rules on conflict of interest and was part of quid pro quo dealings with certain bank borrowers.The audit committee received letters from two persons â€" a shareholder and an employee. The whistleblower alleged that Kochhar was on the bankâ€™s credit committee that sanctioned a loan of Rs 3,250 crore to the Videocon Group in 2012.
By Team ET WealthRohit Verma is more surprised than worried when he looks at his mutual fund statement. â€œThe markets have gone up by almost 20% in the past one year but my mutual funds are showing losses,â€ says the Delhi-based bank executive. Verma had started two SIPs of Rs 10,000 each in a large-cap and a mid-cap fund in July 2017. While the large-cap fund has earned marginal returns, the mid-cap scheme has lost money, forcing Verma to rethink his decision to invest.A lot of small investors who started SIPs about 12-18 months ago are in the same boat. While their funds did very well initially, the performance has not been very encouraging in the past six months. In many cases, especially mid-cap and small-cap funds, the SIP returns are in the red. Large-cap funds have managed to stay above water, but only marginally. Most of the top performers in the category are passively managed index funds.8 of top 10 large-cap funds are index funds Index funds have risen smartly due to the polarised rise in the benchmark indices
Data as on 30 Aug 2018 Source: Value ResearchThe actively managed large-cap funds have underperformed the benchmark indices by a wide margin. The benchmark Nifty 50 TRI index has clocked around 19% returns over the past one year. Out of the 30-odd actively managed large-cap schemes, only twoâ€"Axis Bluechip and Edelweiss Large Capâ€"have managed to beat the index during this period.MISTAKE # 1Shift from diversified funds to index fundsThe relative underperformance of actively managed funds is due to the high degree of polarisation in stocks forming the largecap universe. In the past few months, only a handful of stocks led by Reliance Industries, HDFC Bank, TCS and ITC have delivered outsized return. But since actively managed large-cap funds have more diversified portfolios and invest in stocks outside the index as well, the rise in these index heavyweights has pushed up index funds. â€œWhen only a small number of stocks skew the index return, most active funds will struggle to outperform the index,â€ explains Vidya Bala, Head of Mutual Fund Research, FundsIndia.
In Pic: Sanjiv Singhal Founder and COO, Scripbox â€œThe Indian market is still not at a stage where index funds will consistently beat actively managed equity funds.â€The divergence in the performance has made many investors like Verma question their decision to go for actively managed funds. If low-cost index funds are outperforming, shouldnâ€™t they shift out of actively managed funds and avoid paying the higher fund management charges? No, say experts. â€œThe Indian market is still not at a stage where index funds will consistently beat active funds. A well-constructed portfolio of funds using the new clearly defined mutual fund categories can continue to outperform the indices for the next few years at least,â€ says Sanjiv Singhal, Founder and COO of Scripbox.But in the long term, actively managed funds have outperformed market Experts say while large-cap funds may find it difficult to beat the index, mid- and small-cap funds are likely to outperform
Figures are % annualised returns; Data as on 30 Aug 2018 Source: Value ResearchMISTAKE # 2Stopping SIPs because funds are downMid- and small-cap stocks have taken a severe beating in the past few months, resulting in losses for funds that had lined their portfolios with stocks from these segments. Jittery investors, who started SIPs in these funds within the last year and are now staring at losses, may want to discontinue their investments. Experts say this would be unwise. This is precisely the time when SIP investors will be able to make the most of the volatility by effectively fetching more units at lower prices for the same amount. â€œYou need to give a few years to any fund. If you are investing for 10 years and are in the right funds, then invest as much as possible,â€ says Vipin Khandelwal, Founder of Unovest. When the mid-cap segment regains strength, investors who persisted with their SIPs will stand to benefit. Over a period of time, SIPs will average out your cost and generate inflation beating returns. This is the simple key to building wealth. For mutual fund investors, regular investing is a better strategy than timing the market. An investor who continues his SIPs irrespective of market movements is likely to make more money than one who lets market sentiments affect his decisions. For instance, if a mutual fund investor had stopped his SIPs or withdrawn his investments after this yearâ€™s Budget announced the LTCG tax on equities, he would not have gained from the rise in the market in the past six months.MISTAKE # 3Shifting from debt funds to fixed depositsInterest rates are rising again after a gap of four years. The yield of the benchmark 10-year government bond is close to 8%, which has depressed the returns of debt funds, especially longterm bond funds. Other categories of debt funds have delivered barely 3-4% in the past year (see graphic). On the other hand, banks have raised their deposit rates. Many are offering 7-7.5% interest for 1-3 year deposits. Senior citizens above 60 will get 0.25-0.5% more. Given the high rates offered, investors might find bank fixed deposits and recurring deposits more attractive. They may be tempted to dump their bond funds in favour of bank deposits.
In Pic: Rohit Shah Founder, Gettingyourich.com â€œShifting from debt funds to FDs will not be beneficial for investors. While FDs give assured returns, they are not as tax efficient.â€ Experts are not sure. â€œShifting from debt funds to fixed deposits will not be beneficial for investors. While bank deposits give assured returns, they are not tax efficient,â€ says Rohit Shah, Founder & CEO, Getting You Rich. The entire interest earned from bank deposits is included in the individualâ€™s income for the year and taxed at the applicable slab rate. The post-tax return will be much lower for those in the higher tax brackets. Instead, investors should park some money in short-term or low duration debt funds and fixed maturity plans now. Bond funds are far more tax-efficient. If held for more than three years, the gains are treated as long-term capital gains and taxed at 20% along with indexation benefit. However, the situation may be different for senior citizens. This yearâ€™s Budget has given senior citizens an exemption of up to Rs 50,000 for interest income. For this segment of investors, it makes sense to shift some money out of debt funds to fixed deposits and earn tax-free income.Debt funds gave poor returnsLong-term debt funds have been badly hit by the rise in interest rates
1-year daily rolling returns from long-term debt funds are matched to 1-year-old 10-year bond yields and the same are averaged in the defi ned yield bands* Based on SBI Magnum Gilt-LTP. Data analysed for the past 11 years from May 2007-May 2018We found that when the 10-year bond yield is between 7.5% and 8% (as it is now), the one year forward return from gilt funds has been 7.32%. In other words, the worst may be over for the bond market.MISTAKE # 4Starting equity SIPs for short-term goalsGiven the healthy return from some mutual funds over the past 2-3 years, some may be tempted to start fresh SIPs in equity funds. Some may even consider initiating a SIP in mid-cap funds to gain from the volatility. This is fine so long as you are not investing in these funds for short-term goals or hunting for quick gains. Given that valuations in select pockets from both segments are still stretched relative to historical levels, returns are likely to be muted in the near term, feel analysts. Investors coming in with a short-term horizon (less than three years) now may be left with a sour taste in the mouth. Experts says investors should commit to at least a five-year horizon to benefit from the SIP. â€œAt a fundamental level, the fund must align with your risk profile and time horizon. If you need the money in three years, you shouldnâ€™t be in equity funds,â€ warns Khandelwal.MISTAKE # 5Investing in mutual funds for dividendSome mutual fund houses have pushed their equity-oriented funds as a source of regular dividend income for investors. Gullible investors did not realise that dividend from a mutual fund is only their own money coming back. â€œDividend is the opium of the investors. For too long, it has been used as a bait to lure in investors,â€ says Khandelwal.
A Myanmar judge on Monday found two Reuters journalists guilty of breaching a law on state secrets and sentenced them to seven years in prison, in a landmark case seen as a test of progress towards democracy in the Southeast Asian country. Yangon northern district judge Ye Lwin said Wa Lone, 32, and Kyaw Soe Oo, 28, breached the colonial-era Official Secrets Act when they collected and obtained confidential documents. "The defendants ... have breached Official Secrets Act section 3.1.c, and are sentenced to seven years. The time already served by the defendants from Dec. 12 will be taken into consideration," the judge said. Press freedom advocates, the United Nations, the European Union and countries including the United States, Canada and Australia had called for the Reuters journalists' acquittal. "Today is a sad day for Myanmar, Reuters journalists Wa Lone and Kyaw Soe Oo, and the press everywhere," Reuters editor in chief Stephen J Adler said in a statement. "We will not wait while Wa Lone and Kyaw Soe Oo suffer this injustice and will evaluate how to proceed in the coming days, including whether to seek relief in an international forum." The reporters had told the court two police officials handed them papers at a north Yangon restaurant moments before other officers arrested them. One police witness testified the restaurant meeting was a set-up to entrap the journalists to block or punish them for their reporting of a mass killing of Rohingya Muslims. "I have no fear," Wa Lone said after the verdict. "I have not done anything wrong ... I believe in justice, democracy and freedom." The verdict means Wa Lone and Kyaw Soe Oo - who both have young daughters and have not seen their families outside of prison visits and court hearings for nearly nine months - remain behind bars. Kyaw Soe Oo has a three-year-old daughter and Wa Lone's wife, Pan Ei Mon, gave birth to their first child last month. Myanmar government spokesman Zaw Htay has mostly declined to comment throughout the proceedings, saying Myanmar's courts were independent and the case would be conducted according to the law. The verdict had been postponed for a week because Judge Ye Lwin was sick. It comes amid mounting pressure on the government of Nobel laureate Aung San Suu Kyi over a security crackdown sparked by attacks by insurgents from the Rohingya Muslim minority on the security forces in August 2017. More than 700,000 stateless Rohingya Muslims fled across western Myanmar's border with Bangladesh, according to U.N. agencies. Dozens of reporters from domestic and international media organizations and diplomats were at the court for the verdict. 'HAMMER BLOW' U.S. ambassador Scot Marciel said he was sad for the two reporters and also for Myanmar. "It's deeply troubling for everybody who has struggled so hard here for media freedom. I think one has to ask will this process increase or decrease the confidence the people of Myanmar have in their justice system," Marciel told reporters. "We are disappointed by today's court decision," the U.N. Resident and Humanitarian Coordinator in Myanmar, Knut Ostby, said in a statement. "The United Nations has consistently called for the release of the Reuters journalists and urged the authorities to respect their right to pursue freedom of expression and information." British ambassador Dan Chugg, speaking on behalf of his government and EU members, said he was "extremely disappointed" by the verdict in a case that had "passed a long shadow" over freedom of expression and the rule of law. "This has dealt a hammer blow for the rule of law," Chugg said. The Reuters reporters were arrested on Dec. 12 while investigating the killing of 10 Rohingya men and boys and other abuses involving soldiers and police in Inn Din, a village in Rakhine State. Myanmar has denied allegations of atrocities made by refugees against its security forces, saying it conducted a legitimate counterinsurgency operation against Muslim militants. But the military acknowledged the killing of the 10 Rohingya men and boys at Inn Din after arresting the Reuters reporters. A U.N mandated fact-finding mission said last week Myanmar's military carried out mass killings and gang rapes of Muslim Rohingya with "genocidal intent" and called for top generals to be prosecuted. Myanmar rejected the findings. The International Criminal Court is considering whether it has jurisdiction over events in Rakhine, while the United States, the European Union and Canada have sanctioned Myanmar military and police officers over the crackdown.
NEW DELHI: Leading integrated steel manufacturer JSW Steel plans to scale up the capacity of its manufacturing plant in Vijayanagar, Karnataka to 18 million tonnes per annum (MTPA), its chairman and managing director Sajjan Jindal has said."Our plan is to take to the next step to 18 MTPA from 13 MTPA," Jindal said.In June, JSW Steel had announced its plans to invest Rs 7,500 crore until March 2020 to increase the production capacity at its Vijayanagar facility to 13 MTPA."Hopefully, in the next two years we will start the work there," he said.When asked as to how much money is the company going to invest in the expansion, he said, "I don't know the money numbers."JSW Steel Deputy Managing Director Vinod Nowal also said the company is planning to expand capacity of its at Vijayanagar facility to 18 MTPA.The plant currently has a 12 million tonnes per annum (MTPA) capacity.When asked about the timelines for expansion, he said that it "totally depends upon the acquisitions. Suppose something comes then we will take a little pause and ...if suppose Essar and Bhushan is not happening then we can go earlier also for Vijayanagar".Explaining about the expansion of the company's Dolvi unit in Maharashtra, Nowal said, "Now we are expanding our Dolvi plant close to Bombay from 5 million tonnes to 10 million tonnes and that is our target to achieve by March 2020. Progress is at full swing actually."The company, he said, is planning to spend around Rs 43,000 crore in the next three years in these expansions, besides downstream facilities.JSW Steel is a part of the diversified USD 13 billion JSW Group. JSW Steel is the leading integrated steel company in India with an installed steel-making capacity of 18 MTPA.JSW Steel's plant at Vijayanagar in Karnataka is the largest single location steel producing facility in the country with a capacity of 12 MTPA.
GAIL India, the country's largest gas transportation and marketing company, plans to set up battery charging stations for electric vehicles as well as build solar plants as it looks to be "future ready" for emerging businesses, a senior company official said.It also wants to explore the business opportunity in waste-water treatment plants, water distribution, large water pipeline laying as an early mover."We have the country's biggest network of pipelines? and gas marketing infrastructure. We want to leverage for emerging business opportunities," he said. "We want to be future ready."It is looking at possibilities of setting up battery charging stations for e-vehicles at CNG dispensing stations in a bid to diversify its portfolio beyond gas and petrochemicals."It is all at drawing board stage. A lot will depend on norms. For example, we don't know if rules permit a battery charging facility at a petrol pump or a CNG station. We don't know at what price we can sell that battery charge," he said. ?GAIL wants to insert six new sections in the main objects clause of the memorandum of association of the company to foray into new business.According to a shareholder notice, it wants to invest in "start-ups in core business areas (of natural gas, petrochemicals, and energy) and non-core areas (like health, social and environment, safety, and security) either directly or indirectly.""The investment can be made through special purpose vehicle (SPV), alternative investment fund (AIF), fund of funds (FoF) and trust," it said.The official said there is a necessity to adopt new and different pathways to provide clean, cost-effective and efficient mobility services that are safe, reduce dependence on oil imports and achieve more efficient land-use in cities with the least environmental footprints and impacts on human health.With the objective in mind, the firm wants to set up "battery charging stations and provide charging services" to electric vehicles.With the government planning to make a major shift to electric vehicles by 2030, GAIL feels that charging infrastructure for electric vehicles in India has not been fully developed yet.GAIL with its "pan-India presence through the natural gas network is deep-pocketed and has the capability of setting up charging infrastructure at a faster pace," he said.The 34th annual general meeting of the company is scheduled for September 11.With depletion of groundwater and monsoons becoming less predictable and unreliable, availability and utilisation of water are becoming key issues in modern India. Many cities are sourcing the fresh water through long-distance transport ranging from 50-200 km. ?Stating that with growing population and industrialisation, the effluent water discharged has increased significantly, GAIL in the notice said the treatment of the effluent water and maintaining of the freshwater table is a big challenge and a business opportunity.It is also looking to "harness solar power potential available at its various sites and installations which can be connected to grid for sale or for own use at other installations through wheeling of power."In line with its strategy to promote the use of green fuel, it is contemplating to promote gas appliances in households to increase gas usage and minimise electric usage in housing equipment and appliances such as gas boiler, gas-based air conditioner and bathroom heater.Operating nearly 14,000-km of natural gas and LPG pipeline and executing more than 4,500 km of new lines, GAIL feels it can provide services such as engineering, procurement and construction (EPC), engineering, procurement, construction management (EPCM) and project management consultancy (PMC) in the field of hydrocarbon pipelines."GAIL also has adequate experienced manpower and infrastructure for providing these services," the notice said.It also wants to "carry on the business of manufacture, import, distribution, and marketing of appliances relating to gas marketing and distribution, such as gas meter and CNG kits".
G CHOKKALINGAMMD, Equinomics Research & AdvisoryI am holding Aurobindo Pharma at Rs 612, Godrej Agrovet at Rs 613 and Capital First at Rs 652 and Bharat Dynamics at Rs 410. What could be the prospect of these shares after two years? â€"RAJIV RANJANYou may hold Aurobindo and Bharat Dynamics â€" while rupee depreciation could augur well for Aurobindo, attractive valuations after severe corrections in the stocks prices in recent times could give opportunity in the next two years to make money in these two stocks. However, even after significant fall in stock prices, Godrej Agrovet trades at exorbitant valuation of over 44 PE on FY18 earnings without any solid growth in profits. So sell this stock, if there is any tactical upswing in stock price. Sell Capital First at a price of around Rs 680 as after its merger with IDFC Bank, it might lose charm of sleek equity and also its valuation multiple has gone up significantly after recent run-up in the stock price.I bought 80 shares of Rain Industries at Rs 466 for 1-2 yrs. Please advise whether I should hold or sell.â€"ABHIJIT PARULEKARNever buy such cyclical stocks after they run up several folds in a short span of time. Stock seems to be cheaply valued at current earnings but it may remain so as over Rs 6,000 crore of intangible asset is in the form of â€˜Goodwillâ€™ and debt is atover Rs 7,000 crore. Exit if it moves beyond Rs 230.I am holding 200 shares of Idea at an average price of Rs 188 and100 share of Patel Engineering at Rs 91. Please advise. â€"TULSI BHATIAPain in the short to medium terms will continue for Idea due to peaking out of penetration of mobile phones in the country, competition from social media for voice calls and aggressive competitive pressures from Jio. However, in about two years, prospects are likely to improve. Hence, you may hold it for 2-3 years to reduce your losses. Sell Patel Engineering, if the stock touches close to Rs 55 as its balance sheet remains under pressure.I hold 75 units of Tata Motors at Rs 267, 50 units of Motherson Sumi at Rs 325, 100 units of Waterbase at Rs 293. Please suggest what to do. â€"B CHARANTHEJIn the short- to medium term, Tata Motors is unlikely to rise significantly due to huge investment needed for and also uncertainty arising from the success of shifting from diesel to petrol cars in UK. Hold only if you are a long term investor. Hold Motherson Sumi with a target price of around Rs 340, which is about 25 PE on FY20 expected earnings. Sell Waterbase at Rs 230, which is fair on the basis of 23 PE on current yearâ€™s expected earnings.Please send your queries on Stocks to et.stocks@timesgroup.com; Mutual Funds to et.mfs@timesgroup.com Tax to et.tax@timesgroup.com Insurance to et.insurance@timesgroup.com Realty to et.realty@timesgroup.com
If the market is showing signs of stagnation or tiredness, then probably you can take off some money from this high valued segments. But that time is little
Bengaluru: Indian IT companies are tweaking incentives as mining existing clients become key to boosting revenue growth.While some, like Mphasis, are promising Teslas to their top sales staff, others, such as Infosys and Accenture, are looking at increasing incentives to encourage their delivery teams make sales as well.IT companies are facing the prospect of slowing growth as clients ask for more automation and demand massive price cuts in their traditional outsourcing contracts, while staving off competition.Indian firms still earn more than two thirds of their revenue from traditional outsourcing contracts that are either stagnant or are contracting. As a result, companies are getting creative in how they look at boosting growth.â€œWe have a focused programme with strategic customers, where you (an Mphasis executive account lead) are working to increase your share of wallet with them,â€ Mphasis CEO Nitin Rakesh told ET in a recent interview. â€œWhoever grows the account fastest will get to spend two days with someone from the executive team and then they are given a Tesla. It is based on whoever grows fastest.â€While fancy cars have long been a perk for top sales people, incentives to delivery staff to boost growth are aimed at retaining customers and looking at opportunities in newer business areas such as digital and cloud. Infosys has launched an incentive scheme tied to its internal innovation programme to help increase sales, according to CEO Salil Parekh.â€œWe are rolling out an incentive programme for our delivery teams,â€ Parekh told ET in a recent interview. â€œThis is going to be quite broad-based, we think a large number of our delivery teams can benefit from it. There will be monetary incentives as well, which will be quite substantial. It is along the lines of a sales commission â€" how sales people are paid a commission, we also want delivery people to think like that.â€Accenture too has embedded innovation leads in projects to drive revenue growth from the delivery end. â€œWe had already included innovation as a metric on which it rewards its senior executives and most contracts come with innovation clauses. We have also embedded innovation leads in our projects to drive that aspect of the business,â€ Mohan Sekhar, senior MD, Accenture Technology Services, told ET in July.
Article at EconomicTimes.com with article id : 65650938
Article at EconomicTimes.com with article id : 65652532
Article at EconomicTimes.com with article id : 65651214
Reuters journalists sentenced to 7 years in Myanmar prison
Flames engulf 200-year-old museum
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