Knowledge Hub (Information Center): September 2015

Hero MotoCorp stocks will be in focus as the country's largest two-wheeler maker unveiled two indigenously developed scooters — Duet and Maestro Edge — which will hit the market by the middle of next month. (Express Photo)

The BSE Sensex and NSE Nifty opened on a positive note on Wednesday following firm global cues amid a rate cut of 50 bps by the Reserve Bank of India in its monetary policy review on Tuesday. At 9.20 am, Sensex was up 264.63 points at 26,043.29. Similarly, Nifty was up 67.65 points at 7,910.95 during the same time.

Stocks that are likely to be in focus today

Shree Renuka Sugars: The stocks of the company will be in focus after its said that its Brazilian subsidiary filed for bankruptcy protection as its operations were hit by a crash in sugar prices in the last two years.

TCS: The IT major on Tuesday announced a new partnership with a British mutual financial institution for providing a neural automation system which automates and optimises IT operations and processes of an enterprise.

Hero MotoCorp: Country’s largest two-wheeler maker unveiled two indigenously developed scooters — Duet and Maestro Edge — which will hit the market by the middle of next month.

State Bank of India: Country’s largest lender slashed minimum lending or base rate by 0.4 per cent to 9.3 per cent, setting the trend for benign interest rate regime.

Sun Pharma: The drug major has made a tender offer to acquire US-based eyecare firm InSite Vision for $0.35 per share in cash.

NMDC: State-owned NMDC Ltd plans to invest Rs 40,000 crore in the next eight years to reach a target of 100 million tonnes per annum of iron ore production from the current levels of little over 30 MTPA.

Reliance Industries (RIL): Reliance Jio Infocomm has raised Rs 3,500 crore by issuing non-convertible debentures through private placement.

Eveready: Reserve Bank on Tuesday allowed foreign investors to invest up to 49 per cent stake in Eveready Industries India Ltd under the Portfolio Investment Scheme.

यहां आरामदायक बेड पर लेटकर देखते हैं फिल्म, 800 रुपए करने होते हैं खर्च

फोटोः गुजरात, वड़ोदरा स्थित आइनॉक्स मल्टीप्लेक्स के अंदर लगे बेड।

नई दिल्ली। भारत में सिंगल स्क्रीन सिनेमा हॉल का दौर चला गया है। लोग अब मल्टीप्लेस में फिल्में देखना पसंद करते हैं। मल्टीप्लेस में भी लोगों को आकर्षित करने के लिए कुछ अलग किया जाता है। दुनिया भर में ऐसे शानदार थिएटर हैं। ये थिएटर्स अपनी अनोखी बनावट और सुविधाओं के कारण मशहूर हैं। इनमें से किसी थिएटर के अंदर लोग बोट और कार पर बैठकर तो किसी थिएटर में बाथ टब और आरामदायक सोफे पर बैठकर फिल्में देखते हैं। मनी भास्कर अपने रीडर्स को गुजरात के एक थिएटर के बारे में बता रहा है, जिसे देखकर आप भी एक बार यहां फिल्म देखना पसंद करेंगे।

Selfie spoons are free to order now on SelfieSpoon.com, though customers do have to pay for shipping.

They were so caught up with wondering if they could, they never thought whether they should. Someone at Cinnamon Toast Crunch has invented a selfie spoon to help you click selfies while eating breakfast. Why? We are still trying to figure that part out.

Introduced by the cereal company, the "selfie spoon" is a stick with a spoon at the end that extends up to 30 inches so cereal eaters can take photos of themselves while eating cereal, TIME reported.

The General Mills brand created this new spin on the selfie stick to solve the first world problem of "choosing between eating and posting" a selfie, according to their ad.

To use the selfie spoon, people would just have to turn on the Bluetooth feature on their smartphones so the white remote will be recognized -- there is one grey button that takes photos on Android phones, and one that takes photos on iOS devices.

Source - hindustan times

India will soon be ranked much higher on ease of doing business: Arun Jaitley

The government is keen on early resolution of the three pending tax disputes -- involving foreign giants Vodafone, Cairn and Shell -- and the best way to get an expeditious disposal is being worked out, Finance Minister Arun Jaitley said on Sunday.

Finance Minister Arun Jaitley PTI photo

"The resolution can be by way of judicial tribunals, by way of discussions within or by way of some other methods that we have used in other cases," Jaitley said here.

"But I am certain (it will be resolved), because it is necessary to resolve these issues as tax uncertainty does not help the investment environment and therefore, we want the entire instability over the taxation matters to be expeditiously resolved," he said.

In reply to a question on the pending tax disputes involving Vodafone, Cairn and Shell and his recent comments that a resolution is closeby, Jaitley said, "We inherited a legacy of several tax disputes. Perhaps, this was one of the tougher challenges we had."

Govt favours raise in EPFO's equity investment to 15%: Jayant Sinha

He said pension funds investing in domestic equity markets would help lower volatility in equity markets and as that comes down the cost of capital on equity side for businesses would come down.

Representational Image

Government on Thursday favoured an increase in pension fund EPFO's equity market investment to 15%, from 5% currently, saying it will help contain volatility in the domestic capital markets.

"We are now saying Employees Provident Fund Organisation (EPFO) which always had the ability to put up to 15% of its assets in equity markets but never did so, has to now do at least 5%. And hopefully over a period of time they bring it up to 15%," Jayant Sinha said at the India Economic Convention here.

A rural newspaper that had humble beginnings, has emerged as a force that even mainstream media can learn from.

On Monday, news about a person harassing and stalking a team of women journalists in rural Uttar Pradesh created social media outrage, after a first-person account about the apathy they faced from the UP police went viral. It forced the police to get cracking on the case after months of inaction and the stalker was finally nabbed.

The case also brought to light the local language newspaper called Khabar Lahariya run by these resilient women who are not new to standing up to challenges. In fact, it is this very spirit that gave rise to the weekly newspaper.

Khabar Lahariya is a chain of local language newspapers in Uttar Pradesh, produced by a collective of women journalists. The newspaper had humble beginnings with six reporters and around 1000 copies. Today, the team has 40 women recruits and boasts of a readership of 80,000 per week, spread across 800 villages of Uttar Pradesh and Bihar, with editions in Bundeli, Bhojpuri, Awadhi, Hindustani and Bajjika. Not only does the paper have formidable reach for a newspaper in the rural hinterland, but for almost a year now, it also has an online presence through its news website and social media pages.

The one file that could have contained definitive evidence on Netaji after 1945 has been destroyed.

KOLKATA/LUCKNOW: The secret files on Netaji Subhas Chandra Bose that will be declassified in Kolkata on Friday may contain enough circumstantial evidence that he was alive till at least 1964, say sources.

An American intelligence report prepared in the early 1960s suggests that Netaji could have returned to India sometime in February 1964 — 19 years after it was claimed that he died in an air crash in Taihoku, Taiwan. Though Russia is not mentioned, Netaji researchers believe American intelligence units had learned about his imminent return from Russia via China. He would have been 67 years old at the time.

RBI might limit size of lender consortiums

MUMBAI: The Reserve Bank of India (RBI) is considering a proposal that would limit the number of participants in a single lenders' consortium, in a bid to encourage banks to carry out better independent credit checks and do more to chase rogue borrowers.

RBI deputy governor R Gandhi told a conference on Tuesday that banks with small exposures assume less responsibility when loans sour - a major problem for India, as it seeks to tackle $50 billion of bad debt that's slowing credit growth and hampering a broader economic recovery.

Banks, he said, need to act urgently to reduce stressed assets on their balance sheets.

How to Transport Oil More Safely

In the early days of the petroleum industry, transporting oil meant horse-drawn wagons carrying leaky wooden barrels over bumpy dirt roads—and lots of accidents.

Things have changed a lot since then. But the accidents haven’t gone away. In some ways, they’ve gotten worse.

The boom in domestic production in recent years has brought an ugly side effect: mishaps when transporting the fuel to refineries. These accidents have led to fatalities—one train crash in Canada in 2013 killed 47 people—as well as vast environmental damage, such as the pipeline burst in California this May that spilled as much as 143,000 gallons of crude into the Pacific Ocean and onto pristine beaches.

The growing sense of potential danger has prompted critics and industry officials to ask: What is the safest way to transport oil? And are there ways to make the current methods safer? Among other things, they’re proposing tougher safety regulations, and using technological fixes like machines that travel along pipelines, looking for weak spots.

One thing is certain: None of the existing methods of transport—rail, boats, trucks and pipelines—is going away. The oil industry believes the best thing to do, in terms of safety, profits and efficiency, is to keep all options on the table and make sure they are as safe as possible. “All four modes have always and will always be with us,” says Kenneth Green, who has spent years researching crude-oil transportation safety for the Canada-based Fraser Institute. “What institutions must ensure is that the most oil moves by the safest way, with the caveat of ensuring we protect the health of humans and the environment.”

Here’s a look at the four methods, and what’s being done to shore them up.

PIPELINES

BARRELS DELIVERED (2014): 3.4 billion

SHARE OF TOTAL: 58%

Workers clean up a pipeline spill in Santa Barbara County, Calif. PHOTO: LUCY NICHOLSON/REUTERS

The pressure to be ‘cool’, look good and own the ‘right stuff’ is detrimental to many children and teenagers, scientists, including one of Indian-origin, have warned.

The study by the University of Sussex psychologists shows that while many young people buy into consumer culture believing it will make them feel better about themselves and help them to make friends, often the reverse happens.

The result is a negative downward spiral, said the researchers, whereby those with low well-being turn to consumerist values, which impacts further still upon their state of mind.

निफ्टी 7818.6 पर बंद, सेंसेक्स 402 अंक उछला

अच्छे ग्लोबल संकेतों से लगातार दूसरे दिन शेयर बाजार ने दौड़ लगाई है। शुरुआती कारोबार में ही निफ्टी 7800 के पार निकल गया था, तो सेंसेक्स में करीब 450 अंकों की मजबूती देखने को मिली थी। आज के कारोबार में सेंसेक्स ने 25,820.56 का ऊपरी स्तर छूआ है, तो निफ्टी ने 7,846 के ऊपरी स्तर तक दस्तक दी है। अंत में सेंसेक्स और निफ्टी 1.75 फीसदी तक बढ़कर बंद हुए हैं।

दरअसल, कल के कारोबार में अमेरिकी बाजार 2.5 फीसदी तक मजबूत होकर बंद हुए। अमेरिकी बाजारों के लिए मंगलवार का कारोबारी सत्र साल का दूसरा बेहतरीन दिन साबित हुआ है। वहीं एशियाई बाजार 1.5-7.2 फीसदी तक मजबूत होकर बंद हुए हैं। जापान का बाजार निक्केई 7.2 फीसदी चढ़कर 18,770 के स्तर पर बंद हुआ है। जनवरी 1994 के बाद निक्केई में एक दिन की सबसे बड़ी तेजी देखने को मिली है। इन्हीं बेहतर संकेतों ने घरेलू बाजारों में जोश भरने का काम किया।

Rupee recovers 8 paise against dollar in early trade

The rupee recovered by 8 paise to 66.74 against the dollar at the Interbank Foreign Exchange in early trade on Tuesday, snapping its three-day losing streak on fresh selling of the U.S. currency by banks and exporters.

Dealers said fresh selling of the U.S. currency by exporters and banks as well as weakening of dollar against other currencies overseas supported the domestic currency.

Recovery in domestic stock markets also helped rupee strengthen against the dollar, they added.

The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.

Source - the hindu.

Live: Sensex flat; NTPC jumps 3%, Amara Raja drops 5%

A file photo of the BSE building in Mumbai. Photo: Mint

11:10am: The S&P BSE Sensex is swinging between gains and losses in choppy trade, currently down 21.13 points, or 0.08%, to 24,872.68. The Nifty slips 5.55 points, or 0.07%, to 7,553.25.

11:00am: NTPC shares gain 3% after Citi upgrades the stock to “buy” from “neutral” on capacity additions, improving and assured return ratio and no regulatory uncertainty till FY19

Sensex hits 15-month low to end below 25k-mark; tanks over 2,000 points since last week

Bears continued to maintain their strangle hold over the bulls and benchmark Sensex plunged below the 25,000-mark to hit a new 15-month low. The prevailing gloomy mood was further precipitated by a Chinese equity markets fall while fresh monsoon deficiency woes coupled with rupee hitting two-year lows triggered wide-spread selling.

Continuing with its downward bias, the 30-share BSE S&P Sensex ended the session at 24,893.81, down 308.09 points, or 1.2 percent from previous close. Gyrating sharply in intra-day trade, the index jumped 185 points in early trade before shedding all its gains to trade lower and crash 350 points to the day's low of 24,851.77. With today's fall, the Sensex has tumbled more than 2,000 points since last week.

The broader 50-share CNX Nifty closed lower at 7,558.80, down 96.25 points, or 1.3 percent.

Market breadth ended extremely weak, with 1,988 stocks declining while just 688 stocks advanced on BSE.

Among other Asian markets, Chinese equity markets, after remaining closed for four days last week, failed to regain lost ground even as policymakers and regulators tried to calm the nerves promising financial market reforms and increased infrastructure spend while government officials suggested the worst of volatility was over.

GDP growth rate for this year looks positive: Jaitley

Speaking after the meeting, the minister said that India needs to ensure that the parameters of its own real economy are strengthened and the government progresses well on that track.

India's ability to post a respectable GDP growth "looks positive" this year, Finance Minister Arun Jaitley said today terming as "transient" global factors like Chinese devaluation and uncertainty over rate hike in the US. "Eventually, when these transient things blow over, then it is the real economy that is going to matter... India's ability to post a respectable growth rate looks very positive this year," he told agency on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting here.

6 reasons why Sensex continues its free-fall

SOURCE: TOI

THIS IS DAMM COOL

Just you have to drive at a prescribed speed :D

SOURCE: Interesting Engineering

NORWAY !!!! IT HAS FLAGS OF 6 NATIONS

Surprisingly amazing!!

Source: Interesting Engineering

AC Scooter Now in India

Finance Ministry extends last date for filing income tax returns

In a tweet, the Finance Ministry has notified that the last day of filing income tax returns has been extended to September 7, says NDTV.

The Income Tax department had on Monday extended last date for filing I-T returns only for Gujarat, by seven days to September 7 in view of agitation over reservation to Patel community disrupting normal life.

"On consideration of reports of dislocation of general life caused due to recent disturbances in the state of Gujarat, the CBDT hereby extends the 'due date' for filing returns of Income from August 31 to September 7, 2015, in cases of income tax assessees in the state of Gujarat, who are liable to file their income tax returns by August 31," the CBDT said in a notification.

However, this extension has now been made applicable to the entire country.

This year, the last date for filing income tax returns had already been extended to August 31 from the usual July 31 deadline in earlier years.

The Income Tax department in June notified the new set of ITR forms, including a three-page simplified one, for taxpayers to file their returns for assessment year 2015-16.

The government had dropped earlier forms which had attracted criticism for seeking numerous additional details.

The tax payers base in the country is just over 4 crore. The government aims to collect Rs 7.98 lakh crore in direct taxes in the current financial year.

SOURCE - DNA

Forward Markets Commission to be merged with SEBI from September 28

The government on Wednesday notified the merger of commodities market regulator Forward Markets Commission (FMC) with Sebi with effect from September 28.

"Forward Contracts Regulation Act (FCRA) 1952 gets repealed and Regulation of Commodity Derivatives Market will shift to Securities and Exchange Board of India (Sebi) under Securities Contracts Regulation Act (SCRA) 1956 with effect from 28th September, 2015," the Finance Ministry said in a statement.

Finance Minister Arun Jaitley, in his Budget speech, had announced the merger of FMC with the capital market regulator Sebi to strengthen the regulation of commodity futures market.

A unified regulator for commodities and capital markets will help streamline monitoring of commodity futures trading and curb wild speculations. In the wake of a Rs 5,500-crore payment crisis at the National Spot Exchange Ltd, FMC was brought under Finance Ministry in 2013.

Enabling legislation, amending the Securities Contracts Regulation Act (SCRA) 1956 and FCRA 1952 were proposed in the Finance Act, 2015.

In the beginning, FMC was only regulating regional commodity exchanges and its role was expanded after the emergence of national electronic trading platform in early 2000.

Currently, there are three national and six regional bourses for commodity futures in the country. The Financial Sector Legislative Reforms Commission (FSLRC) had recommended that Sebi, IRDA, PFRDA and FMC should be merged into a single entity into a unified financial agency (UFA).

गूगल को मिला नया लोगो

नई दिल्ली : विश्व के सबसे बड़े सर्च इंजनों में शुमार गूगल ने अपना लोगो बदल लिया है। जल्द ही यह लोगो गूगल की सभी सेवाओं पर नजर आने लगेगा।

गूगल के स्थापना दिवस चार सितंबर से महज दो दिन पहले गूगल ने इस नए लोगो को अपने होमपेज पर एक डूडल के तौर पर लगाया है। गूगल की स्थापना चार सितंबर 1998 को लैरी पेज और सर्गेई ब्रिन ने की थी। बीते 17 सालों में गूगल ने कई सेवाओं को शुरू किया जिनमें जीमेल, यूट्यूब, गूगल मैप्स और एंड्रॉइड सर्वाधिक चर्चित हैं।

गूगल के होमपेज पर डूडल की शक्ल में एक हाथ आता है जो गूगल के पुराने लोगो को मिटाता है और फिर मोम के रंगों से गूगल का नया लोगो बनाता है जो बाद में पूर्ण रूप से नए लोगो के रूप में दिखता है। नए लोगो में मुख्यतौर पर गूगल के दोनों ‘जी’ में सर्वाधिक बदलाव नजर आता है जो बाद में सम्मिलित होकर अंग्रेजी के बड़े ‘जी’ के रूप में बदल जाता है। इस नए लोगो में भी गूगल के मूल चार रंगों को ही रखा गया है।

ज़ी मीडिया ब्‍यूरो

SOURCE - ZEE NEWS