Mutual funds cannot use Aadhaar-based authentication
Photo: MintLast week, on 12 October, the Unique Identification Authority of India (UIDAI) wrote to the mutual funds industry—the registrar and transfer agents (R&T) and some online distributors—asking them to discontinue using Aadhaar-based authentication to complete the Know Your Client (KYC) norms. UIDAI has said that the said firms will have to confirm in writing that they have closed the Aadhaar-based authentication and enumerate an exit plan by 20 October. Also read: UTI Mutual Fund looks beyond rupee drop as election season nearsBiometric-based Aadhaar e-KYC: Aadhaar-based biometric also allowed investors to invest in mutual funds. Srikanth Meenakshi, co-founder and chief operating officer, FundsIndia.com, told us that the MF industry will now have to revert to paper-based KYC. “Only the Aadhaar number needs to be deleted, but investor’s KYC should still continue.
Source:Mint
October 16, 2018 03:11 UTC
How Satyagraha still drives change globally
The heart of Gandhi’s ethics of interconnectedness and mutuality was to look within oneself, change oneself and then change the world. Thus, Gandhi had an ability to invoke Satyagraha globally as a transformative and emancipative methodology. He became Gandhi’s greatest disciple, by embracing Gandhi’s Satyagraha as a method of struggle for the emancipation of blacks in the US. As such, in the spirit of Gandhi, Martin Luther King considered Satyagraha as a process, never as an achievement. Arab SpringAs a great insight and a valuable instrument of emancipation, Gandhi’s Satyagraha continues to represent the basis of all non-violent struggles against injustice.
Source:Mint
October 16, 2018 02:03 UTC
Microsoft co-founder Paul Allen dead at 65
A file photo of Paul Allen dated Sept. 17, 2017. Photo: APSan Francisco: Paul Allen, who founded Microsoft with Bill Gates in the 1970s and later went on to become an investor, philanthropist and sports team owner, died Monday after his latest battle with cancer at age 65. While most knew Paul Allen as a technologist and philanthropist, for us he was a much loved brother and uncle, and an exceptional friend,” Allen’s sister Jody said in a statement announcing his death. “Paul Allen was the ultimate trail blazer -- in business, philanthropy and in sports,” said NBA commissioner Adam Silver. “Paul Allen was the driving force behind keeping the NFL in the Pacific Northwest,” NFL commissioner Roger Goodell said in a statement.
Source:Mint
October 16, 2018 01:52 UTC
Beirut, Oct 15, 2018 (AFP) -
Jihadists fail to leave Syria buffer zoneJihadists in Syria’s Idlib failed to meet a Monday deadline to leave a planned buffer zone ringing the country’s last rebel bastion, casting fresh doubt over a deal to avert bloodshed. “We did not document the withdrawal of any jihadist fighters from the entire demilitarised zone,” Rami Abdel Rahman, the head of the Syrian Observatory for Human Rights war monitor, said.AFP
Source:The Hindu
October 16, 2018 01:41 UTC
Mumbai's school of batsmanship reopens
The flavour of Mumbai's school of batsmanship, which has dominated Indian cricket over the years, had gone missing for a while, leaving a bit of a bland feeling. But Shaw's entry has been quite something else, giving a shot in the arm to Mumbai's school of batsmanship again, albeit with a modern touch. "In the 80s we had Dilip, Sunil, Ravi Shastri, Sandeep Patil as the backbone of Indian cricket. "Mumbai's batsmen have been the backbone of Indian cricket always. Amre seconded the view that the advent of IPL has brought about a change in the game, even in Mumbai cricket.
Source:dna
October 16, 2018 00:56 UTC
Delhi: Spike in dengue cases, 53 cases reported in a week
At least 53 fresh cases of dengue were reported by the various municipal corporations in Delhi last week, thus taking the total count of people affected by the diseases to 349, higher than last month in just two weeks of October. The total number of cases of malaria and chikungunya, however, reported by October 13, are 38 and one respectively. While dengue and malaria are showing a significant rise, chikungunya cases have dropped over the weeks. "There is definitely rise in malaria and dengue cases as compared to last month but the situation is definitely better than last year," says Doctor SP Byotra, Head of Medicine, Sir Ganga Ram Hospital. In most cases, the fever is accompanied by a sore throat, running nose, nasal stuffiness and red eyes.
Source:dna
October 16, 2018 00:56 UTC
Exclusive! ‘I owe everything in my career to Kuch Kuch Hota Hai’: Karan Johar on 20 years of KKHH
On this day two decades ago, Kuch Kuch Hota Hai (KKHH) opened in theatres and left an indelible mark in the history of Hindi cinema. When I look at KKHH today, my first thought is, ‘What was I thinking?’ (laughs). I remember we had such a good time shooting Kuch Kuch Hota Hai (KKHH). I got to know Shah Rukh during Dilwale Dulhania Le Jayenge and Rani while making this film,” he mentions. Shah Rukh, Kajol and Rani will always be my family,” signs off Karan.
Source:dna
October 16, 2018 00:22 UTC
India's isolation from its neighbours is senseless
India should look for more intelligent ways of relating to its neighbours, especially Bangladesh, Sri Lanka, Pakistan, Southeast and Southwest Asia. I think India should remove all restrictions on the movement of goods as well as people between India and Bangladesh. Both the US and the EU account for a larger proportion of their neighbours’ exports than imports. It accounts for tiny shares of its neighbours’ trade, and is more a supplier to them than a market. Why does India’s trade with Bangladesh account for a much smaller share of its neighbour’s than is normal for big countries?
Source:The Telegraph
October 15, 2018 22:07 UTC
16 Oct 2018: आज के ग्रह-नक्षत्रों से जानिए किस तरह बीतेगा सिंह राशि वालों का दिन
16 Oct 2018: आज के ग्रह-नक्षत्रों से जानिए किस तरह बीतेगा सिंह राशि वालों का दिनLeo Horoscope Today (Aaj ka Singh Rashifal): जानें आज 16 Oct 2018 को किन मामलों में आपका दिन अच्छा रहेगा और किन मामलों में संभलकर रहने की है जरुरतDainik Bhaskar Oct 16, 2018, 03:20 AM IST
Source:Dainik Bhaskar
October 15, 2018 21:56 UTC
India could get hurt in trade crossfire between China and the US
The full-scale trade spat between the United States of America and China will have big repercussions in India. China is India’s biggest trading partner and accounts for two-way trade valued at $89.7 billion in 2017-18 — over $15.2 billion more than the second-placed US. But India imported goods worth $76.4 billion from China and exported a piffling $13.3 billion, leaving a yawning trade deficit of $63 billion in China’s favour. A close look at imports from China will show why there is cause for worry. The growth rates in imports from China in these categories have ranged between 20 and 30 per cent.
Source:The Telegraph
October 15, 2018 21:33 UTC
Many feel complaint by staffer should be revisited
Some have been mentioning “sexual harassment,” while others have said “harassment.” The lady’s complaint had gone to Rai and his colleague, Diana Edulji, earlier this year. According to top sources of The Telegraph, the lady “resigned,” but was “persuaded” by Rai to take back her resignation. After all, one of the items on the agenda for Wednesday/Thursday is “Safeguarding Policy & Guidelines,” which includes sexual harassment. The Chief Executives’ meeting will be followed by the ICC’s board meeting, where “policy decisions” are taken. Verma has already raised the matter with the CoA, accusing Rai, in particular, of brushing things under the carpet.
Source:The Telegraph
October 15, 2018 21:33 UTC
Icon Jayasuriya charged under the ICC’s Anti-Corruption Code
Sanath Jayasuriya AgenciesIcon Sanath Jayasuriya, a member of Sri Lanka’s 1996 World Cup-winning XI and a former Member of Parliament, has been charged by the International Cricket Council (ICC) for breaching its Anti-Corruption Code on two counts. Now 49, Jayasuriya hasn’t been charged with either match-fixing or spot-fixing, but for (a) not cooperating with an ongoing investigation and (b) concealing/tampering/destroying evidence pertaining to the same investigation. According to well-placed sources of The Telegraph, the ICC’s Anti-Corruption Unit (ACU) first got in touch with Jayasuriya around a year ago. “Sri Lanka has been the focus of an ongoing investigation for some years and one of the leads pointed to Jayasuriya. Word from Sri Lanka is that Jayasuriya will call a media conference, either on Tuesday or Wednesday, to clarify his position.
Source:The Telegraph
October 15, 2018 21:33 UTC
Unholy silence shows contempt for Sanand's mission
The prime minister may have expressed his condolences but — this is telling — several letters written by the activist to Narendra Modi, demanding urgent interventions based on his concerns about the river, had gone unanswered. In India, elected representatives cutting across political lines have remained indifferent to the ecological crisis that is threatening to obliterate the nation’s natural resources. Mr Modi is doubly complicit in this criminal negligence. Before storming to power, the prime minister had made the cleaning of the Ganga one of his primary electoral promises. Since then, Namami Gange — an integrated conservation mission that is supposedly one of the flagship programmes of the Centre — has made little progress.
Source:The Telegraph
October 15, 2018 21:11 UTC