NEWS HEADLINES OF THE DAY – 11 November 2017– SATURDAY GST slash tax rates on 177 items from 28% - 18%, only 50 items in highest slab, 5% for restaurant SBI financials improve but mirror weakness in economy, plans 15% growth, Q2 profit falls 37% at 1581Cr Factory output slows in Sep to 3.8% sectoral breakup shows stability mining output to grow 7.9% NGT says no odd-even unless Delhi Govt justifies necessity CPCB, DPCC had indicated no real benefits India to Spray Water over Delhi as Air Pollution Emergency Deepen, to use fire trucks in high toxic areas Sensex, Nifty close high on GST relief, positive Q2–outcome to decide trajectory of auto/consumer Trai monitoring all telecom offers–bundled/cashback happy with device conversion to 4G/VoLTE compliant Digital innovation may be fueling inequality-software is often non-rivalrous – mainly benefited rich Oil India Q2 profit rises 11% to 6.46BN, beats estimates helped by improved margin in crude oil segment FB, Twitter to provide data on Russian entities purchasing ads used to manipulate US Energy mrkt National Testing Agency- Cabinet approve independent body to conduct high stake exam NEET JEE-Main For obese older adults, daily living get tough post heart surgery increased risk for functioning poorly Hyderabad ban begging, round up homeless before Ivanka Trump visit, Govt want to present clean city Mushrooms newest ‘superfood’ loaded with antioxidants protect from signs of ageing/keeps healthy Take heart. Indians most digitally advanced travelers in world, 82% smartphones China-2 & 3rd Indonesia India to be world’s top sulphur dioxide emitter-Up 50% since 2007, China SO2 emissions fell by 75% EAC: Link incentives to states with social sector performance - skill development, job creation, resources Jaypee to get JSW Group funds for stuck projects in Noida, 30% stake help complete 26K undelivered flat Patna Expressway: Delhi to Patna in 11HRS! Become reality in next 2yrs as Govt works economic corridor SC wonders how 2judge bench usurped CJI power, CJI annul order on case casting aspersion on Judiciary Govt shortlists 18 Cos (Dredging Corp, Pawan Hans) for strategic sale –expect 15K Cr Indian labor market seeing shift towards gig economy, many seeking contractual or freelancing openings New iPhone X teardown study by UK Co estimate cost to build Apple phone, total cost $370.25 for 64GB Fueled by JP exit China open bank, brokers to foreign control - 51% securities venture/Life insurance Cos Trump scrap possible meeting with Putin as result unclear, not create genuine progress on key issues Saudi Aramco sign energy deals $4.5BN with Tecnicas, Saipem, China Petroleum, Abu Dhabi Petro Australia use plastic dialysis waste to produce durable concrete, improve sustainability in construction Global Health: In Africa, Rural Clinics Entice Pregnant Women with baby pictures through ultrasound In One Hour Alibaba’s Singles Day Sales hit $10BN associated with unattached singles, known bare sticks UK PM Theresa May: UK to exit EU on Mar29, 2019 11 pm date marked 2yr cut off on Article 50 invoking Mysterious nuclear accident sends harmless radioactive cloud (ruthenium-106) over Europe from Russia Sri Lanka face pressure on rape, torture allegations over recent war crimes lawsuit from 50 affected men Few Indian women opt Stanford Univ Seed 12month course for entrepreneurs, 50% less than Africa Today’s Word – *Bacchanal* - drunkard; reveller
