NEWS HEADLINES OF THE DAY – 07 November 2017– TUESDAY Demonte Anniv: 40%mobile wallet user shift back to cash, 20K ITR for detailed investigation Ease of doing business: State-wise ranking in Jan 2017, Andhra/Telangana jointly top 2016 Surat’s city bus service attracted 87% people, Mysuru public bicycle sharing win best transport award Telangana rolls out 24hr quality/uninterrupted power supply to farm sector 5 day experimental basis BCG report: NBFCs grabbing Bank market share especially PSBs, Warn over-leverage/up loan books Auto part Cos line up investments in Gujarat to meet automakers demand, to pump 500Cr in 2-3years Check EPF balance, passbook, raise claim for pension withdrawal, track submitted claim on Umang app Decorated drinking glasses can contain potentially toxic lead/cadmium level, 1000 times more than limit Over 51% Indian women in reproductive age suffer from anemia & other malnutrition – obesity/stunting Health Min to roll out indigenous developed point-of-care molecular diagnostic test Truenat for TB Govt panel headed by CEA member to probe NTPC blast, suggest measures to prevent such incidents Oil prices rise since mid-2015 on Saudi purge, tighter market, will stick to OPEC+ deal, reduce inventories SBI Chairman: Promoters within their right to submit bid in IBC cases, only few conditions from Creditors BG Srinivas Ashok Vemuri front-runners for InfosysCEO, Mgmt to create Deputy CEO to ensure continuity Foxconn India eyes space in Nokia SEZ to boost production, house plant for clients Nokia/Xiaomi REC may fund Indian Railways’ drive to electrify entire network, costing 30K Cr with lending time 8-10yrs Rcom to sell DTH business to Veecon Media/Television to pare debt, present fresh write-off plans Paytm integrate BHIM UPI on its platform in bid to double user base from its current 100MN user in 2yrs Paradise Papers: Indian names tumble out for tax haven links, SEBI IT Dept to probe evasions/disclosures 1st for Indian carriers: IndiGo to have 1000 daily flight by yr-end, 47new flights (19new/28additional) As India, Russia mark 70th year ties, report calls for revamp of engagement between once-close partners Actis explores sale of Ostro Energy to ReNew Power Ventures, may rank as India largest renewable deals Indian Rlys/Chhattisgarh Govt JV to build 10000Cr rail corridors to cater coal/cement belts Crackdown on billionaires top official shake Saudi Arabia Prince Alwaleed arrest big setback for Citigroup UN: 2017 to be among 3hottest years on record – Man Made climate aggravating extraordinary weather Paradise Papers: EU to discuss blacklist tax havens, discourage rerouting of profits made in EU to low-tax Qatar Airways acquire 9.6%Cathay Pacific stake $662MN help gain foothold in world 2nd big aviation mrkt Study: Africa set to top 1BN Mobile Internet Connections in 5years, thanks to High Speed network Study in US Finds 40% Doctors/Nurses go to Work with the Flu, 22K nurse refuse mandatory vaccination Russia Meddling: Charges on Flynn bring Trump Into Mueller’s Crosshairs, strengthen case of obstruction We must not fail our people, says Fiji PM at opening session of UN Sponsored climate talk in Bonn Abu Dhabi fund to invest 2000Cr in Cube Highways/Infra marking biggest PE investment in road US will arm Japan to knock down N Korean missiles, frustrated that Japan did not shoot N Korea missiles Today’s Word – *Xanthocarpous* - Having yellow fruit
