News Digest: Probe CJI for Kalikho Pul's suicide, his widow petitions Vice-President Ansari

		THE TIMES OF INDIA
		Wednesday, March 01, 2017
		Today's Headlines

		India
		Probe CJI for Kalikho Pul's suicide, his widow petitions Vice-President Ansari Badminton Association of India officials make kids pose as players for Japan junket Top office-bearers of Badminton Association of India, including its president and former Rajya Sabha MP Dr Akhilesh Das Gupta, have come under the CBI scanner for alleged fraud and nepotism after their wards were sent to Japan as players for a goodwill trip. Strategic talks with China 'positive': India More India News»

		Business
		Estimates of GDP for Q3 in line with expectations, says ASSOCHAM chief Apex industry body ASSOCHAM said estimates of GDP at constant price for Q3 (2016-17) is very much in line with the expectations of and estimates put forth by different institutions like the Reserve Bank of India, World Bank and others. Bank strike may hit transactions over Rs 1 lakh cr: Assocham Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which was called under the aegis of the United Forum of Bank Unions (UFBU). NHPC to buy back shares worth Rs 2,616 crore "The buyback offer has been authorised pursuant to the resolution passed by the Board of Directors of the company at its meeting held on February 7," the company said in a BSE filing. It has appointed SBI Capital Markets Ltd as the manager to the buyback offer. More Business News»

		Environment
		Peculiar tie between warm climate, slow snowmelt: Study The research released on Monday found the early snowmelt is slower than in summer, partly because the sun is weaker and nights are cooler in late winter and early spring. The researchers say slower snowmelt could mean less water for humans. How a misunderstood order is fuelling forest fire Soon, a database of all zoo animals across the country The Central Zoo Authority (CZA), an autonomous body under the Union ministry of environment and forests, is soon going to initiate a project to tag all zoo animals to prepare a comprehensive database of animals in all Indian zoos. More Environment News»

		World
		UN documents nearly 1,500 child soldiers in Yemen The UN has verified the recruitment of 1,476 children, all boys, between 26 March 2015 and 31 January 2017, said a statement by the spokesperson for the UN High Commissioner for Human Rights, Ravina Shamdasani. Two women to be charged with Kim Jong-Nam's murder Two women arrested for the nerve agent assassination of Kim Jong-Nam are to be charged with his murder, Malaysia said Tuesday, as North Korea sent a senior diplomat to seek the return of the body. China's top ranking erotic photographer dies An erotic photographer, Ren Hang whose work lead major brand marketing campaigns in China, died over the weekend stunning the world of commercial art and brand advertising. Ren, who was only 30, is believed to have committed suicide. More World News»

		Entertainment
		Lyricist Javed Akhtar says Gurmehar Kaur trolled by "hardly literate player, wrestler" The Delhi University student Gurmehar Kaur, who created a stir on social media with her post on ABVP saw Bollywood actor Randeep Hooda, cricketer Virender Sehwag and Olympic bronze medal winning wrestler Yogeshwar Dutt trolling her. You can't miss Sonakshi Sinha's underwater picture When Sonakshi Sinha is not working round the clock, she is busy taking long and well-deserved holidays to exotic locales. Does Parineeti Chopra have a new man in her life? ‘Meri Pyaari Bindu’ actress Parineeti Chopra was recently spotted in Dubai walking hand-in-hand with a male friend. More Entertainment News»

		Science
		New tool to reduce risk of triggering man-made earthquakes SpaceX to send first paying tourists around moon next year SpaceX plans to launch two paying passengers on a tourist trip around the moon next year using a spaceship under development for NASA astronauts and a heavy-lift rocket yet to be flown, the launch company announced on Monday. The first such launch is tentatively targeted for late 2018. NASA may send robotic spacecraft to Sun next year More Science News»

		Sports
		India v Australia: ICC match referee rates Pune pitch as 'poor' The ICC on Tuesday announced that Chris Broad, who was the match referee for the first Test between India and Australia in Pune, has rated the Maharashtra Cricket Association Stadium pitch as "poor." Virat Kohli will be back bigger and stronger, says Starc Mitchell Starc triggered India's downfall in the Pune Test by claiming the wickets of Cheteshwar Pujara and Virat Kohli in quick succession in the first innings before left-arm spinner Steve O'Keefe took charge. Marijne appointed Indian women hockey team's coach Former Dutch women's national coach Sjoerd Marijne has been appointed the chief coach of the Indian women's hockey team for the next four years. Marijne will be working with fellow Dutchman Eric Wonink, who will take charge as the analytical coach. More Sports News»

		Technology
		Paytm CEO wants to buy a Rolex when company's valuation hits $10 billion The man who likes his payments cashless prefers his style timeless. Vijay Shekhar Sharma, the founder of Paytm, wants to buy a Rolex watch. ZeniMax Media asks for court for injunction against Facebook-owned Oculus Facebook Inc's big ambitions in the nascent virtual reality industry could be threatened by a court order that would prevent it from using critical software code another company claims to own, according to legal and industry experts. WhatsApp accepts its new status feature is not a 'hit' Facebook-owned WhatsApp recently rolled out a big update to its ‘Status’ feature. The enhanced feature is quite similar to Snapchat’s stories. But it seems that the new Status has turned out to be a flop. More Technology News»

		Education
		Despite opposition Stephen's decides to seek autonomous status Amid protests by students and teachers, the Governing Body of the prestigious St Stephen's College on Saturday decided to go ahead with the proposal seeking autonomy for the institution. Makarand Paranjape emerges as front runner for top post at IIAS We want to promote innovation: Javadekar More Education News»

		Mumbai
		Cops' ban on flying objects hits Mumbai's engineering students World Bank CEO rides Mumbai local, extends $1bn loan MIM weans away voters from Cong, NCP More Mumbai News»

		Delhi
		TN gas project safe, will generate Rs 300 crore, 500 jobs, says Centre How haters missed peace warrior's point PIL against cops who assaulted students More Delhi News»

		Bangalore
		Sasikala's visitors cut into time for other inmates' guests Unruly councillors scuffle over diary scandal, hold up BBMP meeting Hitchhikers journey far and wide, connect over diverse cuisines More Bangalore News»

		Hyderabad
		Please speak in English: US group's advisory to NRIs Crime common in Olathe but it is safer than 44% US cities 'Brave Grillot must be awarded' More Hyderabad News»

		Chennai
		23 roads earmarked in T Nagar, but most don't fit smart city bill Chennai smarting from corporation delays TN gas project safe, will generate Rs 300 crore, 500 jobs, says Centre More Chennai News»

		Ahmedabad
		Clean chit to 6 cops in Surat hooch tragedy GU fails 144 students caught cheating HC stays APSEZ's notice to CWC More Ahmedabad News»

		Allahabad
		ABVP stages protest on AU campus, takes out Tringa Yatra The volunteers of Akhil Bhartiya Vidhyarthi Parishad took out a ‘Tringa Yatra’ on the campus of Allahabad University, on Tuesday. Commencing from the union hall of the Arts faculty, the yatra (procession) passed across all the departments located on the Arts campus of AU. Decline in voters' turnout in Amethi from 58% to 56% SP, BSP want hung Assembly to have bargain power: PM Prime Minister Narendra Modi on Monday accused SP and BSP to be working on a plan to dent BJP's chances to return to power in Uttar Pradesh. More Allahabad News»

		Bhubaneswar
		Odisha clears 11 investment proposals worth Rs 2,000 crore Independent to decide Kandhamal district's future An independent candidate will play the decider's role when it comes to forming the zilla parishad in the tribal-dominated Kandhamal district, where no political party has won a clear majority. Singer Usha Uthup enthralls Berhampur Playback singer Usha Uthup, with her booming command over thousands in an audience, wove her customary magic over those gathered at the Khallikote College stadium here on Sunday evening. More Bhubaneswar News»

		Bhopal
		IAS officers do not take my calls, refuse to talk, says Gaur Budget today, but GST kills the tax suspense 'Hailstorm caused crop loss worth Rs 75 crore, relief to farmers soon' More Bhopal News»

		Chandigarh
		One dead, six hurt as pick-up van goes berserk, hits 5 vehicles One person died and six suffered injuries after a speeding pick-up van rammed into five vehicles that had halted at red light at Dholewal Chowk on Tuesday morning. Longowal financier's killing: Main accused surrenders 2 get 10-year jail term for peddling charas Special judge, Kullu, Prem Pal Ranta on Tuesday convicted two persons for possessing charas and sentenced them to undergo 10 years’ rigorous imprisonment. The judge also slapped a fine of Rs one lakh each on the two. In case of non-payment of the fine, both will have to undergo six months simple imprisonment. More Chandigarh News»

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Traditional life insurance plans offer poor returns and low risk cover, best to avoid them

THE ECONOMIC TIMES Tue, Feb 28, 2017 | 06:33 AM IST ET Wealth Newsletter Co-sponsor Associate Sponsors

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Traditional life insurance plans offer poor returns and low risk cover, best to avoid them ET Wealth looked under the hood of 10 such traditional plans and found that the average return in them was barely 4.8 per cent. Should you accept a buyback offer for your shares? Here's how to evaluate While buybacks could be an effective option for companies, as they are not taxed on the repurchase of their shares, you need to understand your tax liability. Why credit risk in debt MFs is higher than interest rate risk Credit risk is a risk of loss of capital, whereas interest rate risk is a volatility risk. Investors should not go after higher yields by reducing credit quality. From our Partners Rise of direct plans of mutual funds Ever since the Securities and Exchange Board of India (SEBI) introduced the game-changing alternative of direct plans in mutual funds there has been a significant rise in the portfolios switching to and investing in this option. From our Partners Get a Home Loan at 4%* at Ananta by Omkar, Goregoan East Are you prepared for a poor salary increment? The slowdown in funding to companies for expansion and demonetisation is expected to impact the profitability and hence, employee appraisals. Did Union Budget 2017 help in job creation? Most professionals feel the focus on education and skill development will help resolve the problem of unemployment. However, results will be gradual. Should you reverse mortgage your home in wake of fall in interest rates? Find out It is, in a way, a mirror image of home loans, where an individual takes a lump sum loan and repays it through instalments. Invest in few simple products, avoid complicating portfolio to achieve financial goals When it comes to savings products, simplicity is not just a useful characteristic, it is absolutely mandatory. From our Partners Why term insurance is important to cover all home loan risks It's important to cover home loan liability and not let the burden fall on family members in case of an eventuality. Here's a look at all the major risks and how to cover them effectively. From our Partners Union Budget 2017 - Impact on Real Estate in India For his Budget 2017-18 announcements, Arun Jaitley, the Finance Minister, has been given a big thumbs-up by the Indian real estate sector.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

5 stocks that destroyed Rs 1,78,427 crore over last 10 years Among the most popular stocks a decade ago, these today rank among the biggest destroyers of shareholder wealth. Why you should not include parents in medical insurance floater policies The premium for family floater is based on the age of the oldest member. Hence, including elderly parents in the floater plan will mean paying a higher premium. Nuggets of wisdom from legends to help you in your career From discipline in daily routine to extreme training, among many other things, a successful leader leads by setting an example. What should be the duration of a term insurance plan? The duration of term plan solely depends on when you see yourself accomplishing your major financial goals. If it is 10 years, you require a term plan for 10 years only. Financial products need to be simpler to enable quick decision making People perceive fine print to be complex. Fluency is high when a product has a simple name in contrast with the long technical names of most financial products. MF Portfolio Doctor: Gadiyar should cut risk by shifting to large cap funds for medium term goal Portfolio Doctor will help you analyse the performance of your mutual funds and their suitability for your financial goals. Four steps to join the National Pension Scheme One need not be a government employee to join the NPS. Any Indian citizen between 18 and 60 years can become its subscriber. Smart things to know about why health cover claims get rejected The health insurance policy is renewable provided you pay the premium within 15 days of expiry date after which it lapses. Tax Optimizer: Why salaried Verma should get employer to stop HRA to save tax Taxspanner estimates that Sujeet Verma can reduce his tax by more than 50 per cent if his salary structure is tweaked a bit. HDFC Capital Builder Fund: Healthy long-term track record With a 10-year return of 13.98%, this fund has outperformed both the category average (11.69%) and the benchmark return (8.66%). Stock pick of the week: Why Kajaria Ceramics is a long term growth story Excessive correction in the counter, increasing market share, bright sectoral prospects, and reducing debt have made Kajaria analysts' top pick. Family Finance: Starting to save early, high surplus to help Bengaluru-based Kumars meet goals Here's why salaried Saurav Kumar and Slagha Sreyans, 31, won't face any difficulty in meeting their long list of goals. H1-B visa issue to get resolved soon: John Praveen, Pramerica International Investments US equity markets will see a spike in inflows due to Trump's policies, says John Praveen, MD & Chief Investment Strategist, Pramerica International Investments. Alternative investment returns monitor: For week ending February 22, 2017 Here's a weekly tracker of returns from alternative investment avenues such as Diamond, Precious Metals, Wine and Coin.

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