Risks to economy will continue in 2014 due to high retail inflation and the Reserve Bank is likely to revise key policy rates upwards by up to 0.50 per cent to contain price rise, said RICS, a global body for setting standards in real estate.
	"The risk to overall economy because of the high retail inflation and revision in key policy rates will continue to remain.
	"It is likely that the RBI will revise key policy rates. Further revision by 25 to 50 basis points can be expected, as inflation control is the priority at this moment, even if the measure hinders growth in the short-term," Royal Institution of Chartered Surveyors (RICS) said in a release.
	It said a revision of repo rate by 0.25 per cent in October by the Reserve Bank will help in reviving the economy in the long-term.
	RICS, the UK-based self-regulatory body for qualification and standards in land, property and construction, said the upward revision in repo rate in October by RBI is likely to increase pressure on real ...

Risks to economy will continue in 2014 on high inflation: RICS

PTI Automatic

The body of a 17-year-old boy was found from a pond at Khoshalpur village in Amta area of Howrah district today, the police said.
	Supradip Das, a class XII student, had gone missing while returning home from tuition.
	On search, his family members found his cycle beside a pond.
	The police was informed and his body was fished out from the pond.
	Preliminary investigation suggest no foul play, the sources said.

Body of teenager found in pond

Ratings agency Crisil today said government will overshoot its 4.8 per cent fiscal deficit target by 0.40 per cent this fiscal and suggested state-run companies should dip into their cash reserves to narrow the gap by paying extra dividends.
	Given the current scenario, wherein the front loading of expenditure has resulted in 84.4 per cent of the budgeted fiscal deficit target being hit by November, Crisil said it expects the fiscal deficit to touch 5.2 per cent.
	"The Centre can reduce its fiscal deficit by as much as Rs 20,000 crore this fiscal by using cash reserves of public sector units," its research wing said in the note.
	It said the top 20 public sector undertakings will have a cash reserve of Rs 1,60,000 crore by March 2014 and are "comfortably placed" to pay a special dividend.
	"We estimate these companies are well placed to distribute 40 per cent of the corpus (Rs 64,000 crore) as dividend without impacting growth plans," it said.
	This amount will be Rs 27,000 crore more 

Crisil says fiscal deficit to touch 5.2 per cent in FY14

As many as 31 children, studying in a private school in the district, were today stung by a swarm of wasps, officials said.
	The incident happened when the children, aged between three-and-half and seven, went to wash their hands after their noon-meal in the premises of the school at Vettaikaraniruppu village, Nagapattinam District Collector T Munusamy said.
	"All of a sudden, a swarm of poisonous wasps from a hive in a tree nearby attacked them," he said.
	The children fainted after the wasps stung them.
 	The school management immediately rushed the students to a primary health centre where they were given treatment.
	The children were later to taken to Nagapattinam General Hospital for examination by experts, following which they were discharged. "All the children are safe," the collector said.

31 school children injured in wasp-attack

Korean major Samsung plans to invest in India about Rs 350 crore within a year to ramp up its electronics production, according to government sources.
     "Electronics manufacturing policy has been attractive. Samsung has again proposed to invest about Rs 350 crore in its electronics plant. This is in addition to about its Rs 400 crore investment made for the mobile phone facility," a government official told PTI.
     The company plans to invest this amount in production of flat panel TVs and washing machines, he added.
     No comments were received from Samsung on the matter.
     Samsung has gained following a government decision in August to impose 36 per cent import duty on flat panel TVs that were brought into India as part of baggage by passengers from abroad, the source added.
     As per industry body Consumer Electronics and Appliances Manufacturers Association, about 1 million TVs were coming in as accompanied baggage in a year, which constitutes about 20 per cent of the .

Samsung to invest over Rs 350 cr in electronics plant

Amidst reports of Congress' confabulations with RJD for a secular alliance in Bihar in the 2014 Lok Sabha polls, BJP today took a dig at Chief Minister Nitish Kumar for Congress preferring Lalu Prasad over him and said such an 'opportunistic' alliance was not a cause of worry for it.
	"Now Congress has kicked on their (JD(U)) back and is aligning with Lalu. History will not forgive Nitish Kumar for betraying mandate and breaking (ties) with BJP," BJP leader Sushil Kumar Modi tweeted today.
	"For the last 6 months Nitish Kumar was courting Cong, even going to Cong HQ to see off FM (P Chidambaram), praising Shahzada, taking certificate of secularism from PM ," he said taking a dig at Kumar.
	Though official confirmation is awaited, there have been reports of confabulations between Congress and RJD to firm up ties for the 2014 parliamentary elections. The process is all
set to get momentum as soon as RJD President Lalu Prasad comes out of AIIMS, Delhi, where he is undergoing ...

BJP takes dig at Nitish for Cong preferring Lalu to him

Actor Vivek Oberoi has confirmed reports that he has been offered to essay the character of younger Narendra Modi in a US-based director's film.
	According to reports, Vivek has been approached to portray the role of a young Modi who used to run a tea stall and also worked in the staff canteen of the Gujarat Road Transport Corporation, before he took a plunge into politics.
	The 'Shootout at Lokhandwala' actor in the hill town to attend a youth summit, today said to a question, "Yes I have been offered to work on this film but I am yet to give my word."
	The film is to be made by director Mitesh Patel.

Vivek offered younger Narendra Modi role, but yet to decide

With his image gracing bank notes and staring out from Tiananmen Gate, Mao Zedong remains a constant presence in China 120 years after his birth, revered as a hero who founded the communist state and restored national pride, even as China moves ever further from his vision of a communist society.
	China is marking Thursday's anniversary of his birth with relatively understated celebrations, a far cry from the cult of personality that once surrounded Mao, and a sign of how far China has travelled in the 37 years since his death and more than three decades since the junking of orthodox Marxism.
	President Xi Jinping invokes Mao in his fight against corruption and borrows Maoist concepts such as the "mass line" to extol the virtues of close ties between the rulers and those ruled. Yet he has also proposed giving the free market a "decisive role" in the economy, a concept that would have been anathema to the "Great Helmsman," as Mao was called.
	Still, as heirs of the rigid one-party ...

120 years after birth, Mao's presence lingers

Israeli Mossad agents operating in Ethiopia in 1962 unwittingly trained Nelson Mandela in hand-to-hand combat, weaponry and sabotage, according to a document released by Israel's state archives.
	   A letter from a Mossad official to the foreign ministry, dated October 11, 1962 titled "THE BLACK PIMPERNEL" and released to the public yesterday, recalls a conversation in which "we discussed a trainee in Ethiopia named David Mobasari, from Rhodesia".
	   "The aforementioned was trained by the Ethiopians in Judo, sabotage and weapons," the letter read.
	   "The Black Pimpernel" was the nickname given at the time to Mandela, the revered anti-apartheid hero and former ANC leader who died this month, while he was on the run from white South Africa during the liberation struggle.
	   According to Haaretz newspaper, which first reported the story, the term "Ethiopians" was probably a code name for Israeli Mossad agents working in Ethiopia.
	   "He greeted our men with (Hebrew salutation) ...

Mossad trained Mandela in Ethiopia: Israeli archive

Modest lifestyle changes made by South Asian families could help them lose weight to lower the risk of type 2 diabetes, according to a clinical trial by the University of Edinburgh.
	Making moderate improvements to diet and levels of physical activity, gave trial participants a better chance of losing enough weight to lower their risk of developing type 2 diabetes, said Prof Raj Bhopal, from the Unniversity's Centre for Population Health Sciences and lead author of the study.
	The study, carried out in participants homes as opposed to hospital clinics, is the first of its kind in Britain to look specifically at South Asian cultures.
	The three-year trial monitored 171 people of Indian and Pakistani background living in Scotland who were already at high risk of diabetes as shown by blood tests done at the start of the trial.
	Participants were given detailed advice by dieticians and offered culturally-appropriate resources to help them manage their weight through diet and exercise. At .

Modest lifestyle changes reduce weight among S Asians: study

Star Indian batsman Virat Kohli jumped nine places to achieve his career-best 11th spot in the latest Reliance ICC Player Rankings for Test batsmen issued today.
     Kohli, who stroked 119 and 96 in the two innings in the first Test against South Africa, was the second highest-ranked Indian after Cheteshwar Pujara, another centurion in the same match in Johannesburg, who remained on seventh spot after earning 37 rating points.
     South African A B de Villiers, one of the two South African centurions to help draw the Johannesburg Test, leads the rankings. He leads compatriot and second-ranked Hashim Amla by 25 ratings points.
     Meanwhile, South Africa fast bowler Vernon Philander has achieved the coveted number-one ranking on the Reliance ICC Player Rankings for Test Bowlers after a stellar performance against India in the drawn Johannesburg Test.
     Philander has dislodged team-mate Dale Steyn, who had been at the top of table since July 2009 when he went past Sri Lanka's ...

Kohli jumps to career-best rankings after Johannesburg heroics

Syrian warplanes have killed more than 300 people, including 87 children, in an eight-day bombing campaign against rebel-held parts of the northern city of Aleppo, a monitor said today.
	   "From December 15 to 22, 301 people have been killed, including 87 children, 30 women and 30 rebels," said the Syrian Observatory for Human Rights, which relies on a network of activists and witnesses on the ground to track the civil war.
	   Opponents of Syrian President Bashar al-Assad accuse his forces of dropping explosives-filled barrels on rebel-held areas in an effort to demoralise their supporters and turn them against the insurgents.
	   A security source told AFP that the army had adopted the tactic because of a lack of ground forces, and argued the heavy civilian toll was because the rebels were in residential areas.
	   Aleppo has been split between opposition and government forces since a massive rebel assault in the summer of 2012.
	   Human Rights Watch has accused government forces .

300 dead in 8 days of air raids on Syria's Aleppo: NGO

The Wholesale Debt Market segment of the National Stock Exchange today witnessed a total turnover of Rs 2,987.27 crore in 84 trades.
	Top securities (non-repo) traded at the WDM were:
     The 364-days Treasury bills (issue no.021014), which traded at Rs 600.00 crore at weighted yield of 8.80 per cent, the 364-days Treasury bills (issue no.210814), which traded at Rs.400.00 crore at weighted yield of 8.84 per cent and the 364-days Treasury bills (issue no.070814), which traded at Rs.400.00 crore at weighted yield of 8.85 per cent, the NSE release said.

WDM witnesses trade worth Rs 2,987.27 cr on NSE

West Bengal Finance Minister Amit Mitra today asked bankers to increase the credit-deposit ratio of the state to 70 per cent by March, 2014.
	Mitra said though advances had outpaced deposits in the first half of FY 2014, bankers need to intensify their efforts to increase the credit ratio to 70 per cent from 65 per cent by the end of March 2014.
	Mitra also asked bankers to achieve a target of 12 lakh Kisan Credit Cards by March, 2014 at the state level bankers' meet review meeting.
	Bankers have issued six lakh KCCs involving an amount of Rs 3474.20 crore.
	The state government has requested the banks to speed up opening brick and mortar branches as still 849 gram panchayats of the state are yet to be brought under banking system.

West Bengal govt asks banks to raise CD ratio to 70 pc in FY14

Elaborate security arrangements have been made for the 12th edition of Auto Expo-Motor Show to be held in Greater Noida from February 7, industry body Society of Indian Automobile Manufacturers (SIAM) said today.
	The week-long event will be jointly organised by SIAM, CII and Automotive Component Manufacturers Association (ACMA).
	SIAM deputy director general Sugato Sen said a three-layer security system has been put in place at the venue.
	The venue would be CCTV camera controlled and other necessary security equipment like scanners, metal detectors, etc would also be installed.
	Besides, the 12th Auto Expo on components will be held at Pragati Maidan from February 6-9.
	"It is going to be an exciting show. Despite the change in the venue (from Pragati Maidan in Delhi to Greater Noida), visitors will have an easy access to the new location," SIAM president and vice chairman of the Toyota Kirloskar Motor Vikram S Kirloskar told reporters here.
	"We also plan to operate free bus ...

Elaborate security arrangements for Auto Expo-Motor show

Bangladesh today announced a bounty of USD 1,000 for arsonists to control violent street protests by opposition parties that have claimed 127 lives across the country in the past month.
	"Taka 1 lakh (USD 1,000) will be awarded to those who help police in arresting criminals when they try to set on fire or vandalise vehicles in Dhaka," Dhaka Metropolitan police said in a statement.
	Taka 25,000 would be paid to persons who help in arresting criminals involved in attacks with crude bombs or petrol bombs. People can tip off police on telephone, the statement said.
	The announcement came as the burn unit of the state-run Dhaka Medical College Hospital said 18 patients had succumbed to their injuries since November 26 at the facility. A total of 24 violence victims are still being treated at the hospital.
	Burn unit chief Samanta Lal Sen earlier demanded an end to incidents of arson during political violence, saying: "Being a doctor, I want an end to the humanitarian disaster."
	The ...

Bangladesh declares bounty on arsonists to quell violence

A youth sexually molested an 11- year-old girl in Depalpur town near here and also threatened her, police said today.
	The accused, Sohan Kalouta, is absconding after committing the crime yesterday. The 25-year-old lured the girl into his house and sexually abused her, they said.
	He also threatened to harm the victim if she revealed about the incident to anyone, according to the complaint filed by her family.
	However, the girl later narrated her ordeal to her parents following which a complaint was filed in Depalpur Police Station.
	A case under IPC Section 354 (assault or criminal force to woman with intent to outrage her modesty) and Protection of Children Against Sexual Offences Act has been registered against Kalouta.
	A search is on to nab him, police added.

Youth sexually abuses, threatens minor girl

Securities Appellate Tribunal has disposed of an appeal filed by Reliance Industries against Sebi, after the market regulator agreed to provide certain documents to the corporate house for inspection in connection with a long-running insider trading probe.
	The case relates to investigation into suspected insider trading violations way back in 2007 and another appeal by Reliance Industries in this matter is currently being heard by SAT against Sebi's rejection to a consent settlement plea.
	In this matter, RIL had asked Sebi to furnish certain documents for inspection and it had filed a separate appeal after the regulator refused to share those documents.
	In a hearing on December 20, SAT "disposed of" this particular appeal after RIL decided not to press for the same as Sebi said it was "ready and willing to furnish copies of those eight documents".
	Sebi's counsel also said that inspection of some of those documents have been already given to RIL, "without prejudice to the ...

SAT disposes RIL appeal seeking documents from Sebi

Neochim AD is Bulgaria's leading producer and distributor of fertilisers

Borealis and First Energy Bank buy 20.3% stake in Bulgaria firm Neochim

B2B Connect

Built with about Rs 120 crore, the unit will manufacture pigments using eco-friendly processes

Meghmani Organics begins commercial production at Dahej SEZ unit

This award is conferred upon Indo Rama for its contribution for the energy conservation in the field of petrochemical by adopting various environmental friendly innovative measures

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