Has insider trading finally come of age in India?

India has positioned itself amidst the top global economies and is growing in leap and bounds. Stock markets have hit record highs this month after victories in key state elections by BJP boosted investor sentiment, raising hopes of a continuation in the government’s reform agenda. Completing 2017, the Sensex closed above 34,000 and Nifty crossing the 10,500 mark, with a phenomenal 28% gain. According to Bloomberg, India is now home to the world’s eighth-biggest stock market, overtaking Canada for the first time in almost a decade. The score: India $2.29…

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Tamil translation of PM Modi’s poems released by Defence Minister Nirmala Sitharaman

Defence Minister Nirmala Sitharaman yesterday said that she was proud to have a leader of Prime Minister Narendra Modi’s stature. “Modi ji is a person with qualities like discipline and sympathy for the poor, who came to public life and is now a great leader. I am proud to have a leader of such stature,” she said. She was speaking at an event here after releasing “Sindhanai Kalanjiyam”, the Tamil translation of poems written originally in Gujarati by Modi. Speaking in Tamil, Sitharaman said she was happy to see Modi…

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Credit rater Moody’s raises India rating after 14 years

Moody’s Investors Service upgraded India’s sovereign credit rating for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reforms would boost the country’s growth potential. The agency said it was lifting India’s rating to Baa2 from Baa3 and changed its rating outlook to stable from positive as risks to India’s credit profile were broadly balanced. The upgrade, Moody’s first of India since January 2004, moves the rating to the second-lowest investment grade, one notch higher than Standard & Poor’s and Fitch, which have…

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Lets unload the sugar off our food and beverages

Almost all of us love sweet foods and sweetened drinks and several of our foods and beverages (F&B) are sweet. But after we consume that short burst of sweetness, we may worry about how sweets affect our waistline and our overall health. Our bodies need one type of sugar, called glucose, to survive. “Glucose is the number one food for the brain, and it’s an extremely important source of fuel throughout the body,” says Dr. Kristina Rother, an NIH pediatrician and expert on sweeteners. But there’s no need to add…

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Prime Minister Narendra Modi to arrive in Chennai today

Prime Minister Narendra Modi will be in the city on Monday to participate in two private functions, including the platinum jubilee celebrations of the leading Tamil daily ‘Daily Thanthi’ to be held at the Centenary Hall of the University of Madras. Police have made elaborate security arrangements ahead of his visit. Official sources said he would land at the Chennai airport at 9.15 am and address a meeting of BJP cadre at the airport premises after being received by dignitaries, including Governor Banwarilal Purohit and Chief Minister Edappadi K Palaniswami.…

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Did Mersal ride high on false claims?

Since the release of Vijay’s Mersal this Diwali, there has been a huge controversy involving his punch on GST. The classic moment of the film is when he goes for a take on GST. Vijay asks in an apparently sarcastical way that if people paying only 7% GST can have free healthcare in Singapore, why not in India which has a higher GST. Although his punch went well with anyone going his way, it is surprising how it managed to slip anyone’s attention. How can a nation with one of…

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Travancore Devaswom takes lead in single Hindu society formation

It was about 2 years back that the Tirumala Tirupati Devasthanam offered priesthood training for about 200 dalits. But Kerala’s Travancore Devasthanam has recruited its first dalit priest, a huge step in the formation of a single Hindu society.Discrimination in the name of religion is very painful at least by contemporary standards of human rights. This new development happening in Kerala, a very conservative state, opens up the feasibility for a pan-India dalit priesthood. Travancore Devasthanam deserve praise for its insight and approach. Yedu Krishnan scripted history on Monday by…

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Kerala’s first dalit priest takes charge at a Pathanamthitta temple

When Yadu Krishna opened the sanctum sanctorum of Shiva temple at Keecherival in Kerala’s Pathanamthitta district Monday, it was a dream come true, not only for the 22-year-old, but also for the SC Pulaya community he hails from. Krishna is one of the six Dalit priests to have been recruited by Travancore Devaswom (Temple) Recruitment Board for temples under Travancore Devaswom Board. This is the first time in Kerala that appointment of temple priests is being done according to reservation norms followed for recruitment of government staff. While a few…

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FM Arun Jaitley promises favorable reforms in GST slabs and rates

The Hindu (Oct 1, 2017) Three months since the roll out of the Goods and Services Tax on July 1, Finance Minister Arun Jaitley on Sunday promised more simplification of the levy with lower number of tax slabs with more revenue buoyancy. Noting that there is space and scope for improvement, he said, “Eventually once we become revenue neutral to think in terms of bigger reforms such as lesser slabs…But for that, we have to become revenue neutral plus.” At the valedictory address at the National Academy of Customs, Indirect…

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