NEWS HEADLINES OF THE DAY – 01 July 2017– SATURDAY Midnight GST roll out, Indian Biz braces for disruption amid India biggest ever tax reforms Shown the Door: IS withdraw from Syria Aleppo province, Mosul Victory announcement in few days Humsafar Exp too fast debut, leaves 23 chasing from Jalandhar to Ludhiana, Hour ahead of schedule In Gujarat Gir Forest, Woman Delivers Baby in Ambulance Surrounded by 12 Lions, staffs handled well KK Venugopal(86) replaces Mukul Rohatgi new attorney general of India, ratified by PM Germany: Angela Merkel Votes against Same Sex Marriage Law, believe it was preserve of man/woman Hackers can steal PINs, Passwords From Your Brainwaves, EEG headset info stolen by malicious software Govt cuts interest rates on savings schemes, NSC, PPF by 10 bps, applicable for 2nd qrtr China Midea invest 800Crs in 43 Acre Pune for making appliances, employ 500, operational 2018 Germany pass law against online hate speech, to punish social media with $57MN if they fail to remove LNG price row: GAIL renegotiates with Cheniere for 5.8MN tonnes LNG, undermine Trump export aims Indian Rlys $15BN safety overhaul at risk due to shortage of steel tracks, SAIL not meet demand Half-a-degree of warming boosted extreme weather - hottest summer temp Up 1.8 F, Coldest up at 4.5 F RBI: More NPA pain, sees bad loans topping 10% by March 2018, asset quality of bank weak Bank employee unions threaten strike on Aug 22 over mergers, NPAs, want willful defaulter as crime GST to disrupt auto sector’s sales, pricing – OEMs/auto dealers remain focus on minimizing inventory GST: TRAI for lower taxes for telcos; favour cut in GST rate from 18% to 5%, treat as core infra GST rush! Goods fly off shelves as consumers chase discounts, 2 days Shopping like Dhanteras NPPA: No price change in 78% of actively used drugs post GST, cancer, HIV, diabetic drugs rates cut Driverless cars face unique challenges on India’s chaotic roads, Jumble of Indian roads created by TATA CCI: Airtel Videocon acquisition, Aircel 3500 Crs 4G spectrum airwaves in 8 circles approved Japan plans to put man on moon by 2030, contributing to NASA-led mission to give coveted spot Standing e-gilant at gates: Ransomware attacks/cyber security – threat more complicated than we see Trend Micro : Want to influence election? need just $4Lacs – Fake news 12 months, public eyes Himanshu Kapania who consolidated Idea to 3rd position lead race to run merged Vodafone entity UAE Exchange & Fin Services applies for banking license, Lone entity to seek private bank license RBI: Frauds going up in number, banks need to tighten cyber security norms, 86% fraud in Credit account India's largest refiner IOC setting up Singapore oil unit, also to handle sale of naphtha diesel and gasoline Vaping isn't as cool: E-cigarette can increase cancer risk, Dangerous Vape pens urge/tempt you to smoke Love chocolate? Turns out, may boost cognitive skills in elderly, Dark Chocolate can protect brain ageing Not Well': Fight Between US Prez, TV Hosts Worsens – Question "unmoored behavior" & fitness to feud Chinese Prez Xi swore in Hong Kong's new leader, Carrie Lam mark 20th anniversary of handover to China Qatar to comply With New US Airline Security Measures, additional time to screen for possible explosives Today’s Word - *Abolla* - Roman military cloak
