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June 25, Monday 2018 4:10 AM       
       HEADLINES: B Sujatha Devi Passes Away                                              Fish preserved in formalin seized                                              Son brutally beats mother                                              Bid to sabotage probe against ADGP’s daughter                                              V K Rajagopal’s Sabarimala appointment cancelled                                              Violence cannot solve any problem: Modi                                              Major held for colleague's wife's murder                                              PDP never 'wavered' on agenda of alliance, says Mehbooba                                              UAE says ready to back efforts for peaceful Yemen rebel pullout                                              Musharraf says he has not quit politics                                              Constant bullying of activists unacceptable: HRCP                                              Kohli & Co. depart for Ireland, England tour                                              FIFA WC: Lukaku, Hazard braces help Belgium stun Tunisia 5-2                                              FIFA WC: Vela, Hernandez help Mexico win against S Korea 2-1                                              Amit wins gold at World Para Athletics Grand Prix                                              Kaumudi Facebook
         WhatsApp updates privacy policy, terms of use ahead of payments service launch    
New Delhi/New York: WhatsApp, which is testing its payments services in India, today said it is updating its terms of service and privacy policy to "reflect the addition of payment interoperability features" ahead of the full-fledged launch of the service. Almost one million people are "testing" WhatsApp's payments service in India, which is the largest base for the Facebook-owned company that has over 1.5 billion users globally. WhatsApp has over 200 million users in India.

         Infosys stable and on verge of something momentous: Nilekani    
Bengaluru: Infosys Non-Executive Chairman Nandan Nilekani today said the company has taken several steps during the year to remedy the concerns raised on the matter of stability and is on the verge of something momentous. "When I stepped for the second time into Infosys in August last year, one of the concerns that you raised was about the company's stability. We have taken several steps during the year to remedy this," he said at the company's 37th Annual General Meeting here.

         Gold, silver prices fall on weak global cues    
Bullion: Tracking a weak trend overseas and easing demand from local jewellers, gold continued its slide for the second week and prices fell further to end at Rs 31,600 per ten gram at the bullion market. Silver also finished weak at Rs 41,000 per kg due to reduced offtake by industrial units and coin makers. Marketmen said besides subdued trend overseas, fall in demand from local jewellers and retailers at domestic spot market kept pressure on gold prices.

         FICCI awarded at X International IT Forum, Russia    
New Delhi: The Federation of Indian Chambers of Commerce & Industry (FICCI) along with several industry members and senior government officials and academia, recently participated in X International IT Forum at Khanty-Mansiysk, Russia. Organised by the Government of the Khanty-Mansiysk Autonomous Okrug-Ugra region, the forum brought together industry leaders from BRICS and SCO nations as well as other countries to a single platform to interact and discuss collaboration in the fields of informat

         Lenovo India names Pankaj Harjai as Director-Tablets    
New Delhi: Global technology firm, Lenovo, announced the appointment of Pankaj Harjai as Director- Tablets, as part of the India business. In this capacity, Pankaj will be responsible for maintaining the leadership position for Lenovo's tablet business as well as introducing the next generation AR/VR and Smart products in India.

         Adani Transmission acquires 100% equity in Ghatampur SPV    
New Delhi: Adani Transmission said that it has acquired 100 per cent equity in share capital of Ghatampur Transmission Ltd (GTL) yesterday, which will set up 900 circuit Km transmission line to primarily evacuate power from 3X660MW Ghatampur Thermal Power Project.

         Air India set to have 'Maharaja' class seats on international flights    
New Delhi: Passengers on most of Air India's international flights are all set for a new experience as the airline will soon introduce 'Maharaja' business class seats, variety cuisines and new uniforms for crew, officials said. The revamped products and services is likely to be unveiled on June 22, which would also come on an eventful week when the government decided to put the breaks, for now, on the disinvestment plans for the loss-making carrier.

         Sensex gets a buying lift, up 123 pts; RIL at new high    
Mumbai:The benchmark Sensex climbed over 123 points to 35,670.39 in opening trade today, led by gains in index heavyweight Reliance Industries, amid continued buying by domestic institutional investors. The 30-share index was quoting higher by 123.06 points, or 0.35 per cent, at 35,670.39. It had gained 260.59 points in the previous session.

         Aviation Ministry committed to strategic disinvestment of Air India    
New Delhi: The Civil Aviation Ministry on Wednesday said that the government is committed to give financial support to beleaguered national carrier Air India. Speaking to media on Wednesday, Union Minister of State for Civil Aviation Jayant Sinha said that the government would look after all its financial or liquidity requirements. The minister further informed that an alternate mechanism headed by Finance Minister Arun Jaitley was reviewing the situation, and as required will take appropr

         Exempted sectors should come under GST: Arvind Subramanian    
New Delhi: Arvind Subramanian, who has stepped down as the Chief Economic Advisor (CEA), opined that there are many exempted sectors that should be brought under the ambit of the Goods and Services Tax (GST). Addressing a press conference soon after Union Minister Arun Jaitley announced his resignation; Subramanian said the decision to bring petrol and diesel under the GST is a decision to be taken by the GST Council.

         Bajaj Finserv offers pre-approved personal loan to customers    
Pune: Bajaj Finance Ltd. the lending arm of Bajaj Finserv offers a pre-approved personal loan limit to its existing customer without any documentation. The existing customer of Bajaj Finserv can simply log on to the website of the company to check their pre-approved limit by just entering their name and mobile number. Customer can also view the assigned limit on other products offer by Bajaj Finserv. The new customers can check their eligibility online and calculate their EMI through the cal

         US dollar ends cheaper against rupee    
Mumbai: The US dollar ended cheaper against the rupee at Rs 68.08/09 per dollar and the pound sterling also finished lower at Rs 89.72/74 at the close of the Interbank Foreign Exchange (forex) market here today. Following are the Interbank forex and RBI rates :

         Pradeep Parameswaran appointed Uber President- India, South Asia    
New Delhi: Ridesharing platform Uber announced the appointment of Pradeep Parameswaran as the new President of India and South Asia, effective immediately.

         Google announces training programme for journalists    
NEW DELHI: Technology giant Google today announced the launch of a training programme for journalists, aimed at raising awareness against misinformation and providing new tools to the fourth estate against fake news.NEW DELHI: Technology giant Google today announced the launch of a training programme for journalists, aimed at raising awareness against misinformation and providing new tools to the fourth estate against fake news.

         Sensex tanks 261 pts as US-China trade spat escalates    
Mumbai: The BSE Sensex plunged around 262 points to end at a two-week low of 35,286.74 today, tracking a sell-off across Asian and European markets after the US and China escalated their trade dispute. The 30-share barometer opened positive, but soon fell on widespread selling. It finally settled at 35,286.74, down 261.52 points, or 0.74 per cent. This is its lowest closing since June 6, when it had ended at 35,178.88.

         US dollar ends higher against rupee    
Mumbai: The US dollar ended higher against the rupee at Rs 68.38/39 per dollar but the pound sterling finished lower at Rs 89.96/98 at the close of the Interbank Foreign Exchange (forex) market here today.

         WhatsApp Payments to be rolled out soon: here is how it's different from competition    
WhatsApp has been testing its Payments service extensively in India. The company has made special provisions with the Indian Government and various banks to make the transactions as seamless as possible. According to a report by PTI, around 1 million people are testing the new service in India.

         Ayushman Bharat: Only half the states ready to launch scheme on August 15; UP Bihar & West Bengal not prepared yet    
On August 15, when Prime Minister Narendra Modi will launch the Ayushman Bharat National Health Protection Mission (AB-NHPM), almost half of the states would not be part of it. Only 12-15 states will launch the scheme that day as the others are not prepared to roll it out on time.

         Audi boss arrested over diesel scandal    
The chief executive of German carmaker Audi, Rupert Stadler, has been arrested in connection with an investigation into the diesel emissions scandal. A spokesman for Volkswagen, which owns Audi, confirmed he was being held.

         India, US officials to meet soon to discuss concerns of both sides: Prabhu    
New Delhi: Senior officials of India and the US will soon meet to address concerns of both the sides, including issues related with visa, continuation of certain concession for exports, duty on steel and aluminium, and prices of certain medical devices. Commerce and Industry Minister Suresh Prabhu, who was in Washington earlier this week, said he held discussions with US Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer to find out ways to enhance trade and investme

         Rupee dives to 3-week low at 68.01 on macro-liquidity shocks    
Mumbai: The rupee today crumbled below the key 68-mark to end at a fresh three-week low of 68.01 against the US currency after the country's trade deficit widened more than expected amid renewed global trade war fears.

         Gold rises on mild demand, silver surges for 8th session    
Mumbai: Gold prices edged up by Rs 20 to Rs 31,100 per 10 grams at the bullion market today following mild demand from stockists and retailers.

         AFT directs govt to remove anomaly in HRA    
Chandigarh: The Armed Forces Tribunal (AFT) here has directed the Union government to resolve a long pending anomaly due to which the House Rent Allowance (HRA) of officers posted at Hard Non Military Stations (HNMS) was not being reimbursed even when there was no government accommodation available.

         Grand Finale of Smart India Hackathon from June 18-22    
Kolkata: The Grand Finale of Smart India Hackathon (SIH) 2018 Hardware edition would be held from June 18-22, a statement from the IIT Kharagpur said here today.

         GST refund drive extended till June 16    
NEW DELHI: The special fortnight-long drive to process pending Goods and Services Tax (GST) refunds has been extended by two more days till June 16. The government launched the second "Special Drive Refund Fortnight" from May 31 to June 14. During the first Refund Fortnight from March 15 to 29, an amount of Rs 5350 crore was sanctioned.

         Ind-Swift Laboratories raises Rs 424.5 crore via NCDs    
Drug firm Ind-Swift Laboratories today said it has raised Rs 424.5 crore through allotment of redeemable non-convertible debentures to two investors. The company has allotted 4,245 debentures to ECAP Equities Ltd and ECL Finance Ltd, Ind-swift Laboratories said in a BSE filing.

         RBI needs more powers to oversee PSB: Guv to panel    
New Delhi: The Reserve Bank needs more powers to oversee public sector banks (PSBs), Governor Urjit Patel told a parliamentary panel today amid mounting bad loans in state-run lenders.

         RBI Guv appears before Par panel; assures steps to strengthen banking system    
New Delhi: RBI Governor Urjit Patel today faced tough questions from a parliamentary panel on bad loans, bank frauds, cash crunch and other issues even as he assured the members that steps were being taken to strengthen the system, sources said.

         India decision to increase tariff on apples to hit US growers, say Congressmen    
Washington: A bipartisan group of about a dozen influential lawmakers today said the recent Indian decision to increase tariff on apples from 50 per cent to 80 per cent would hurt growers of the fruit in America. The lawmakers also alleged that India was abusing rules of the World Trade Organization (WTO).

         Snapdeal launches special store for Father's Day Gifting    
New Delhi: Celebrating the spirit of Fatherhood, Snapdeal, today announced the launch of its tailored Father's Day Store on its platform as a one-stop destination to pick special gifts for fathers. This store offers abundant options which range from interesting books to fitness products, watches, clothes, personalized products and gadgets. The store will have an easy access to a selection of over 10,000 products from about 50 types of gifts.

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