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April 21, Saturday 2018 1:01 PM       
       HEADLINES: We have lost a socially-committed editor: Governor                                              K M Mani condoles M S Ravi's demise                                              Kadakampally, Kerala Working Journalist Union condole demise of Kerala Kaumudi Chief Editor                                              Kathua fake hartal arsonists to face POCSO charges                                              New born baby mauled to death                                              Opposition's five charges against CJI Dipak Misra                                              Jaitley terms impeachment motion against CJI a 'revenge petition'                                              Impeachment motion against CJI a political move: Constitution expert                                              Cuba marks end of era as Castro hands over power                                              PM Modi should pay more attention to women safety: IMF chief                                              Sheikh Hasina makes it to Time's list of 100 most influential people                                              Ships don't want to stop at Chinese run Hambantota                                              Cricket Australia to name Lehmann's replacement before UK tour                                              ECB proposes new 100-ball format of cricket                                              World Cup of tennis in one week is horrible idea: Anand Amritraj                                              Kaumudi Facebook
       BUSINESS  
         Forex reserves at life-time high of $426.082 bn    
 
 
MUMBAI: The country's foreign exchange reserves expanded by USD 1.217 billion to touch a life-time high of USD 426.082 billion in the week to April 13, helped by rise in foreign currency assets, the Reserve Bank of India (RBI) said.

 
         Sensex ends flat; tech stocks surge    
 
 
MUMBAI: The BSE Sensex slipped 12 points to end at 34,415.58 today as participants turned cautious after minutes of the last Monetary Policy Committee (MPC) meeting indicated the Reserve Bank may shift to a hawkish stance in June.

 
         Passengers could be compensated up to Rs. 20,000 for flight delays, cancellations: draft rules    
 
 
NEW DELHI: Air travellers could be paid a compensation of up to Rs. 20,000 for flight delays and cancellations and Rs. 5000 for being denied boarding, a draft passenger charter has proposed.

 
         Rlys' operating ratio could be its worst ever in FY 18    
 
 
NEW DELHI: Railways' operating ratio, the direct indicator of working of the government-run transporter could settle at 98.5 per cent for 2017-2018, recording its worst performance ever since 2000-2001 when it was 98.3 per cent, an official said.

 
         Chai villa: Engineering couple who gave up cushy jobs to sell tea    
 
 
NAGPUR: The love for tea and aspiration to do something unique led two individuals to give up their careers as engineers and start a tea shop in Nagpur.

 
         Sensex spurts 96 pts in see-saw trade; metals shine    
 
 
MUMBAI: Benchmark Sensex rebounded by about 96 points to end at 34,427.29 Thursday, led by robust buying in metal stocks amid mixed global cues.

 
         Cash crunch: Now bank unions threaten agitation    
 
 
VADODARA: Claiming that bank staff is facing public anger due to cash crunch at banks and ATMs, the All-India Banks Employees Association (AIBEA) Thursday threatened to launch an agitation as it blamed the government and the RBI for the situation.

 
         Sensex rises over 100 pts, Nifty above 10,500    
 
 
MUMBAI: The BSE benchmark Sensex rose over 100 points in early trade Thursday tracking strong Asian cues supported by a rally in oil prices and easing global trade concerns.

 
         Reports of cash shortage defy logic: SBI    
 
 
New Delhi [India], Apr. 18 (ANI): In the wake of a reported cash crunch in the country, the State Bank of India (SBI) on Wednesday rubbished reports saying they "defy logic". In a report titled 'The (Non) genuity of cash crunch', authored by Dr. Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, the bank argued that currency in circulation (CIC) in the economy had surpassed its pre-demonetisation level of Rs 17.98 lakh crore to reach Rs 18.29 lakh crore by March this year, thereby d

 
         Lenders need to be proactive in monitoring borrowers: RBI    
 
Pune (Maharashtra): Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of leading indicators and renegotiation points in the form of loan covenants, rather than wait for a borrower to default.

 
         Loan default: DPIL directors presented before CBI court    
 
 
Ahmedabad (Gujarat): The directors of Vadodara-based Diamond Power Infrastructure Ltd (DPIL), Amit Bhatnagar and Sumit Bhatnagar, were presented before a special Central Bureau of Investigation (CBI) court on Wednesday, in connection with an alleged fraud of Rs 2654 crore with 11 banks.

 
         Parliamentary Committee summons RBI Governor amid banking scams    
 
 
NEW DELHI: Amid the banking scams unearthed in the recent past, the Parliamentary Committee has reportedly summoned Reserve Bank of India (RBI) Governor Urjit Patel.

 
         Pay extra for choosing middle seats on Air India flights    
 
 
NEW DELHI: Air India passengers will now have to shell out more for choosing middle seats in the front and the middle portions of the aircraft, according to a communication.

 
         Govt invites EoI for strategic sale of Bharat Pumps    
 
 
NEW DELHI: Government has invited expression of interest (EoI) for selling its entire stake in Bharat Pumps, a loss-making firm under the Heavy Industry Ministry.

 
         China facing possible economic meltdown    
 
 
HONG KONG: China, it seems, is in the throes of an unprecedented economic and financial crisis. According to an article published in the Jing Rong Jie (Financial World) website, and reported by the chinascope.org website, Beijing spends a huge 15 to 17 per cent of its gross domestic product (GDP) each year in meeting its interest payments.

 
         ATMs run dry in many states; Will be resolved soon, says Govt    
 
 
NEW DELHI: ATMs are out of cash or not working, people have reported from several states, including Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.

 
         Sensex extends gains on normal monsoon forecast    
 
 
MUMBAI: Extending its rising streak for the ninth session, the benchmark BSE Sensex advanced nearly 100 points in opening trade Tuesday, after forecast of a normal monsoon for the year.

 
         Trai unveils beta site for comparison of telcos' tariffs    
 
 
NEW DELHI: Telecom regulator Trai Monday unveiled beta version of a portal that aims to bring on one platform the telecom tariffs offered by different operators and in different service areas.

 
         AI suspends senior officer for indiscipline    
 
 
NEW DELHI: Air India Monday said it has suspended a senior officer for "indiscipline" after he got into an altercation with a passenger over a business class seat in a domestic flight.

 
         Sensex tanks 293 pts on weak Asian cues; Infy falls 4%    
 
 
MUMBAI: The BSE benchmark Sensex fell nearly 300 points to crack below the 34,000-mark Monday amid weak Asian cues after a US-led strike on Syrian targets fuelled fresh geopolitical concerns.

 
         China's economy slows in first quarter: AFP survey    
 
 
BEIJING: China's economy slowed slightly in the first quarter as the government battles debt and financial risk, with US trade frictions threatening to further hobble growth, analysts surveyed by AFP said.

 
         US Treasury Department adds India on its watch list    
 
 
WASGINGTON DC: The United States Treasury Department has added India to the currency practices and macroeconomic policies monitoring list, citing an increase in the foreign exchange of the country in the first three quarters of the year 2017.

 
         CBDT invites comments to improve transparency in tax rulings    
 
 
NEW DELHI: The Central Board of Direct Taxes on Saturday invited comments on draft notification proposing amendment to Rule 44E, Form 34C, 34D and 34DA as per Base Erosion and Profit Shifting (BEPS) Action 5, for improving transparency in tax rulings.

 
         Apollo Munich Health Insurance ranked among India's 15 'Best Workplaces in the BFSI Sector'    
 
 
NEW DELHI: Apollo Munich Health Insurance, India's leading standalone health insurance company, has been rewarded as India's 15 Best Workplaces in BFSI - 2018 by Great Place to Work Institute India.

 
         Rupee recoups intra-day losses, closes 5 paise higher    
 
 
Mumbai: The rupee today staged an impressive recovery from its five-month low towards the fag-end and ended higher by 5 paise at 65.26 against the US dollar. Intra-day, the Indian currency fell to a fresh five-month low of 65.45 before eventually recouping all losses. It had fallen sharply overnight by 32 paise against the US currency after surging crude prices flagged risks from widening current account deficit and renewed inflation fears.

 
         IEF '18: Energy sector key to India's economic growth, says Swaraj    
 
 
NEW DELHI: External Affairs Minister (EAM) Sushma Swaraj on Thursday underscored that the energy sector was a key engine for an increment economic growth of the country.

 
         Saudi Aramco, India partner on $44 bn oil refinery    
 
 
NEW DELHI: The world's biggest oil producer, Saudi Arabian Oil Co., or Saudi Aramco, has agreed to develop a "mega refinery" in Maharashtra with three Indian oil marketing companies, namely the Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL).

 
         Actress Soha Ali Khan felicitates achievers at India Education Awards    
 
 
Bengaluru (Karnataka): India Education Awards, 2018, conceived and initiated by Blindwink.in is aimed at eulogizing and felicitating the achievers and go-getters from the Education sector. The most sought-after awards in the Education sector was organized on 8th April 2018 (Sunday) at Taj hotels in Bengaluru.

 
         Snapdeal announces All You Need This Summer store    
 
 
New Delhi: Snapdeal has announced its Summer Store with the coolest offers on summer essentials. Snapdeal's "Summer Store" has put together a complete collection of thoughtful items that a user will need to get some respite from the scorching heat wave. Here are some glimpses of the selection:

 
         E-way bill rollout scheduled for April 15 in five states    
 
 
NEW DELHI: E-way bill system for the intra-state movement of goods is scheduled to be implemented from April 15 in five states, the Centre said on Tuesday.

 
 
Sreejith case: Do you think arrested policemen are innocent?
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