Flawed responses to rape underpin Kolkata case
Beyond the details of this crime, there is a horrible sense of déjà vu. Already, they’re calling the 32-year-old postgraduate doctor the “second Nirbhaya” in a sort of lazy shorthand that reminds us that, 12 years later, we are hearing the same story. Key Points
Hindustan TimesIndia to take 75 yrs to reach quarter of US per capita income: World Bank
New Delhi, August 2 More than 100 countries, including India, face serious obstacles in becoming high-income countries in the next few decades, and New Delhi may take nearly 75 years just to reach one-quarter of US per capita income, a... Key Points
The TribuneLife expectancy of Japanese people rises for first time in 3 years
Average life spans had decreased in 2021 and 2022 due to rising death tolls from the coronavirus. The average life expectancy of Japanese people rose in 2023 for... Key Points
The Tribune IndiaPost Office Savings Schemes Calculator: SSY, KVP, NSC, MIS, PPF, SCSS - How Much Will You Earn? Be A Crorepati With This Tax-Free Option - Top Points
Post Office Savings Schemes Calculator: Small savings schemes are a popular investment avenue for those looking for a sovereign backed option with guaranteed returns. From Public Provident Fund, Sukanya Samriddhi Yojana and Kisan Vikas Patra to Senior Citizen Savings Scheme, Monthly Income Scheme and National Savings Certificate, TOI with its knowledge partner FinFix, takes a look at some post office small savings schemes to calculate how much you can earn from them and whether the proceeds are taxable or not. It is important to note that the returns are not inflation-indexed. When deciding on investment options, real returns should be considered as well. (AI image) Key Points
Times Of IndiaCovid erased a decade of steady uptick in global life expectancy, says WHO
WHO’s latest statistics showed that both global life expectancy & healthy life expectancy were pushed to 2012 levels between 2019 & 2021, with a drop of 1.8 years & 1.5 years, respectively. Key Points
ThePrint
Life expectancy set to increase globally. Can India create more jobs, policies for its older population?
A significant increase in global life expectancy by 2050 is forecasted, with both men and women living an additional 4-5 years. However, this longer lifespan might involve more years spent in poor health, inciting a need for stronger support systems. Key Points
Business TodayCongress served Rs 1,700 cr notice by I-T Dept, a fresh setback ahead of Lok Sabha elections
The Congress party has been issued a notice of around Rs 1,700 crore by the Income Tax department, adding to its financial worries before the crucial 2024 Lok Sabha elections, as per a report from TOI on Friday. This action follows the rejection of the party's appeal against reassessment proceedings for four assessment years by the Delhi High Court. The newly imposed demand relates to assessment years 2017-18 to 2020-21, encompassing penalties and interest. Key Points
Economic Times‘The Gutless Foodie’ Natasha Diddee, Pune food blogger with no stomach, dies
Natasha Diddee, a Pune blogger known as the Gutless Foodie, passed away. years ago, she had her entire stomach removed due to tumours. | Trending Key Points
Hindustan TimesIndia has to build three new Indias in the next 25 years and that will drive demand: Thermax Group CEO
Thermax anticipates significant growth by 2030, focusing on energy transition, market optimism, and new technologies. The company aims to play a key role in India's manufacturing renaissance, balancing energy sustainability, and exploring innovative solutions for future demand. Key Points
Economic Times‘Remarkable progress’: UN lauds India's rise in gross national income, life expectancy--- Check rank
According to the report, India's average life expectancy was recorded to be 67.7 years in 2022 - up from 62.7 a year earlier - and gross national income (GNI, per capita) has increased to $6951, a jump of 6.3 per cent in 12 months. Key Points
mint
India ranked 134 out of 193 countries on United Nations Human Development Index for 2022
India's ranking on the United Nations Human Development Index (HDI) climbed one spot in 2022 to 134 out of 193 countries, with a slight increase in its HDI value to 0.644. Despite progress, there's a need for enhanced focus on women-led development, as highlighted by the UNDP. Key Points
Economic TimesIndia will have option to withdraw duty concessions if USD 100 bn investment commitment not met by EFTA
India can suspend customs duty concessions on EFTA country goods if the European nation bloc fails to meet its USD 100 billion investment obligations. The agreement includes an investment promotion and cooperation chapter with a three-stage consultation procedure and an investment sub-committee. India will ensure a favourable investment climate. Key Points
Economic TimesApple’s $2 billion fine marks a new dawn for antitrust regulation
The EU has taken a welcome lead in taking on digital dominance. Spotify’s row with Apple over its App Store led to the penalty. Key Points
mint'Thank you so much, Kaju,' says Tamannaah Bhatia as Kajal Aggarwal congratulates the 'O Kavaala' actress as she completes 19 years in cinema
Tamannaah Bhatia completes 19 years in the film industry. Kajal Aggarwal congratulates her on social media. Tamannaah expresses gratitude for the hear Key Points
Times Of IndiaLIC Amritbaal children plan 874 launched; know details about this new insurance policy for kids
LIC Amritbaal children's policy launched: A new insurance policy specifically for kids aged 30 days to maximum 13 years has been launched by Life Insurance Corporation of India (LIC). This is an individual, savings, life insurance plan which offers a rebate if bought online. Read here to know the key details of LIC Amritbaal. Key Points
Economic Times
Never put much faith in FII flows; remain overweight India in global portfolios: Devina Mehra
Devina Mehra discusses the underperformance of banks in recent years, attributing it to negative surprises and credit risks. She advises caution when investing in banks and mentions being skewed towards public sector banks. She also highlights the importance of assessing credit quality in banks. Key Points
Economic Times11 years ago, D in my PAN turned 0. I'm still fighting lakhs in tax bill
Read about the author's decade-long battle with the income tax department due to a typo in their PAN card. Learn how they navigated the challenges and sought refunds for the tax deducted at source. Key Points
Times Of IndiaExpert who said humans lived for 900 yrs sacked
Moscow: Russia’s science and higher education ministry has dismissed the head of a prestigious genetics institute who sparked controversy by contending... Key Points
The Tribune India25 years later, long shadow of the Staines murders
On January 22, 1999, Australian missionary Graham Staines and his two sons were burnt alive in a hate crime in Manoharpur, Odisha. The incident led to a wave of condemnation and 51 people were arrested, with 14 sentenced to punishments ranging from death to 14 years in prison. On the 25th anniversary of the killings, the Christian community in Manoharpur gathered for prayers and remembrance. While communal tensions have been kept to a minimum in the village, underlying fault lines still exist. The incident also had political implications, with the BJP being accused of using the situation for political gain. | Latest News India Key Points
Hindustan Times'Zombie viruses' trapped in Arctic ice could unleash deadly new pandemic. Here is what we know
The deepest layers of permafrost could be preserving viruses that inhabited the Earth up to a million years ago. It was long before humans most ancient ancestors made their first appearance on the planet some 300,000 years ago. Know in detail how these 'zombie viruses' can spread the pandemic. Key Points
Economic Times
Vikas Khemani explains why big money can be made in pharma
Vikas Khemani of Carnelian Capital Advisors discusses the growth potential of the pharma sector and the positive outlook for IT companies like TCS and Infosys. He believes that the underperformance of pharma over the past seven to eight years is coming to an end, with a promising trend emerging in both the US and domestic markets. Khemani also highlights the long-term investment opportunities in the IT sector, particularly with the decline in US interest rates. Key Points
Economic TimesFinancial resolution for 2024? Just stay invested: Kalpen Parekh
Kalpen Parekh says: “Election is not a matter of worry. If something is a matter of worry, it is global geopolitical issues and how global flows move because we are more expensive than some of the other EMs. If flows turn, it could be a matter of worry and that can lead to intermittent volatility of 10 to 20% which happens every 18 months or two years election or no election.” Key Points
Economic TimesCentre notifies creation of principal bench of GST Appellate Tribunal
On the recommendation of GST council, Centre on Monday notified the creation of the principal bench of Goods and Services Tax Appellate Tribunal (GSTAT). Last month the Parliament passed the CGST Bill, 2023 which seeks to raise age limits for the president and members of the Goods and Services tax Tribunal (GSTAT) from 67 and 65 years, respectively, to 70 years, against 67 years and 65 years specified earlier. Key Points
Economic TimesQatar case: 3-25 years' jail terms for 8 ex-Indian Navy personnel
A Qatari court, which had commuted the death sentences of eight former Indian Navy personnel, has replacing them with prison terms ranging from 3 to 25 years. Among the group of seven former Navy officers and a sailor, one received a 25-year term, four were sentenced to 15 years, two to 10 years, and one to three years, as per sources familiar with the situation. The Ministry of External Affairs, represented by spokesperson Arindam Bagchi, declined to comment, stressing the confidentiality of the case. Key Points
Economic TimesIf you want to capture the Indian opportunity, don’t ignore midcaps: Radhika Gupta
Radhika Gupta says: “We are recommending incremental allocations, especially in smallcap through the SIP route or telling people to come in with a longer horizon, do them in multi-cap but dont ignore the midcap space. When people talk about running away from mid and smallcap and just jumping to largecap, I do not think the Indian opportunity is captured adequately. ” Key Points
Economic Times
Multibagger tracker: This BSE500 stock turned Rs 10,000 to Rs 5 lakh in just 10 years
The company has an EPS of 21.61 on a trailing twelve-month (TTM) basis and the stock is currently trading at a PB of 3. According to the latest shareholding pattern available with the exchanges, public investors own a majority of the stake at 56.72%, while the rest of 43.28% lies with promoters. Key Points
Economic TimesI see no reason why Indian student numbers shouldn’t continue to grow in Australia: Philip Green
Australia's High Commissioner to India, Philip Green, has announced that commitments under the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) will be upheld under the new Migration Strategy. Indian graduates will continue to be eligible for a Temporary Graduate Visa for two years for a bachelor's degree, three years for a Masters degree, and four years for a PhD. Key Points
Economic TimesHow to quickly save Rs 1 crore? Use this 8-4-3 rule of compounding
With a little discipline and the power of compounding, you can easily double or triple your savings in the long run. While simple interest is calculated on the principal amount or the money you have invested, compound interest is calculated on the principal amount and the interest that you earn on that. Lets find out how compounding can help you become wealthier. Key Points
Economic TimesCentre extends this scheme by another 5 years, 81 crore Indians will benefit
The government will spend a total of ₹ 11.80 lakh crores over next five years, Union minister Anurag Thakur announced. | Latest News India Key Points
Hindustan TimesWe have to be positive on India and great returns will be made: Sunil Singhania
“We have been slightly more constructive towards the PSU banks. Banks have done very well performance wise and in terms of fundamentals, but the stocks have not participated. It is the second and third tier PSU banks which have participated. We think there is still merit, particularly in some of the larger second tier banks.” Key Points
Economic Times
Is the one time re-rating in PSU, defence, railways, banks over? Madhusudan Kela explains
“PSU stocks market cap have gone up a little more than 3x in three years. But there are individual companies, within this basket, of course, that have given 500, 800, 1000%, 1500%, 2000% returns. PSUs are clearly the leader of the market. I still feel that, PSU banks are quite compelling. I do not think they have peaked out.” Key Points
Economic TimesNifty may touch 23,000 over next 1 year; largecaps to dominate: Dipan Mehta
“Across the board, I do not think there is any sector which is highly overvalued per se. But in two to three sectors, especially the external facing ones, like chemical and software, an investor needs to be a bit cautious. I would like to remain underweight in these two industries.” Key Points
Economic TimesMy husband is 22 years old than me and we are madly in love
She says that when they started dating, people would ask them if he was her dad. They've been together for 20 years now and have two kids. Key Points
InsiderItalian town rocked by series of earthquakes triggered by supervolcano
A 4.2 magnitude earthquake on September 27, the strongest jolt in more than 40 years to rattle the volcanic field, sparked fears that what scientists call a "seismic crisis" may be underway for the first time since the early 1980s. Key Points
India TodayWhen my expat friend of 12 years moved away, it broke my heart. It taught me how valuable friendships with other expats are.
I live in Germany, and when my friend of 12 years moved away, I was heartbroken. It taught me how valuable friendships with other expats are. Key Points
Insider
Danny Masterson gives full custody of 9-year-old daughter to wife after rape conviction
This decision comes in the wake of his conviction and sentencing to 30 years to life for two counts of forcible rape. The former couple, who had been together for 11 years, filed for separation just a week after his sentencing in September 2023. Key Points
Economic TimesAnant Ambani's board induction: Why more streaks of black in grey-haired clubs
Reliance: Proxy firms Institutional Shareholder Services Inc. (ISS) and Institutional Investor Advisory Services (IIAS) have recommended that shareholders vote against the induction of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, to the company's board. ISS cited Anant's limited leadership and board experience as a concern. However, Reliance defended Anant's appointment, stating that he has relevant experience and maturity. Key Points
Economic TimesIs it possible to save Rs 5 crore in 10 years?
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Key Points
Economic TimesMarkets are delicately poised; how will the second half of FY24 go? Amnish Aggarwal answers
The second half of the year is usually very important from the viewpoint of the overall economy because the second half is more like 40-60. The second half of the year is much bigger. That is one part of it. Secondly, the capex momentum, I would say, particularly from the government side, in the first half has been practically good. Maybe because we are approaching election year. So there might have been some preponement of capex. Key Points
Economic TimesHow Mahatma Gandhi's quote in school textbook helped a child sexual predator get 100 years in jail in Kerala
Reportedly, the incident came to light through the elder sister of the victim (8). Despite being the eye-witness of the incident, the girl could not tell anyone what she and her sister went through. Until she read a Gandhi quote in her second-grade textbook Key Points
Firstpost
Everything's cyclical! Vijay Kedia’s lessons on how to bear the pain and hold on to good stocks for years
“Everything is cyclical or even FMCG is cyclical. Between 2003 and 2009, Hindustan Lever gave zero percent return and between 2002 and 2022, Wipro gave zero percent return. In some sectors there are shorter cycles, maybe one year or two years and in some sectors, the cycles are bigger, maybe for five years or ten years.” Key Points
Economic TimesEXCLUSIVE Interview of Pankaj Tripathi on Fukrey 3 | Not Just Bollywood
In an exclusive interview with Firstpost’s Lachmi Deb Roy, Pankaj Tripathi says, “The day I realised that I want to be an actor and learn the craft, it took me 9 years to get admission in NSD. And again it took me another 8 years to get a break in the film industry.” Key Points
FirstpostSamir Arora on 2 storytellings that have failed in the market & why
One storytelling which has failed and rightly so is chemical companies trading at 40 and 50 dimes as if they are some Levers and Colgates of this world. Other than SRF we missed all these chemical companies because we are not used to giving 40 multiple for some fellow making chemicals. Key Points
Economic TimesSBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs
State Bank of India Chairman Dinesh Khara is likely to get an extension as the government is considering relaxing the retirement age of chiefs of all public sector banks and LIC. The proposal before the government also includes hiking the retirement age limit of managing directors of public sector banks (PSBs) to 62 years, from the current 60 years, a senior government official said on Saturday. Key Points
Economic TimesWhy Saurabh Mukherjea is still gung-ho on specialty chemicals, adding to Little Champs portfolio
We have added RHI Magnesita to Little Champs portfolio. RHI Magnesita makes ceramic lining, brick lining which goes into steel plant furnaces or cement plant furnaces. They have around 35% share globally and 40% share in India. Good gross margins 40%, gross margins 15%, operating margins around 30% ROC. It is a near debt-free company. It has an Austrian parent listed in Austria. We have invested in the Indian subsidiaries over the last couple of weeks. Key Points
Economic Times
Mid to long-term investor? Look at these buckets for best picks and multibaggers: Nilesh Shah, Envision Ca
“The manufacturing pack is up for good times. A lot of reforms have happened in the last five to seven years which have benefited the manufacturing companies. I think a lot more will be done in terms of reforms. So, manufacturing is one great place where a lot could happen.” Key Points
Economic Times