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Morning News Bulletin: Track latest stories

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New Delhi | Updated: October 16, 2017 8:41:43 AM

At least 26 people aboard the Mumbai-bound Tejas Express from Goa were taken ill after consuming food served by the Railways' catering wing, IRCTC, the Konkan Railway said.

Tejas Express, passengers of Tejas Express fall ill, Indian Railways, ITCTCAfter consuming food served by the IRCTC on the Tejas Express, passengers complained of uneasiness, says an official.

26 fall ill due to suspected food poisoning on Tejas Express

At least 26 people aboard the Mumbai-bound Tejas Express from Goa were taken ill after consuming food served by the Railways’ catering wing, IRCTC, the Konkan Railway said. The passengers were headed towards Mumbai. After consuming food served by the Indian Railway Catering and Tourism Corporation (IRCTC) on the Tejas Express, they complained of uneasiness, Konkan Railway Chairman and Managing Director Sanjay Gupta told PTI.

Congress’ Jakhar wrests Gurdaspur Lok Sabha seat from BJP by a massive margin

The Congress wrested the Gurdaspur Lok Sabha seat from the BJP with its Punjab unit chief Sunil Jakhar trouncing saffron party candidate Swaran Salaria by a whopping margin of 1,93,219 votes in the high stakes bypoll. Jakhar polled 4,99,752 votes, way ahead of the BJP candidate’s 3,06,533, while the Aam Aadmi Party (AAP) candidate Major General (retd) Suresh Khajuria finished a distant third, garnering a mere 23,579 votes. Khajuria lost his security deposit.

Economic stimulus? No big bang reforms package coming from Narendra Modi government; here is what may be in offing

The government is weighing the aggregate costs of stimulating the economy through extra sops and will likely endorse the Prime Minister’s Economic Advisory Council’s (PMEAC) view that fiscal consolidation process must not be sacrificed. While a slight re-adjustment of the fiscal deficit target of 3.2% of GDP for FY18 could be attempted (if tax revenue falls short of the target following the GST roll-out and supplementary demands for funds are high), no costly package would be doled out, a senior finance ministry official told FE.

How to invest in IPOs and get it right; 6 amazing tips to profit from

An Initial Public Offering (IPO) is a securities transaction wherein a company’s shares are offered for public sale for the first time. This move could change the status of the company from being a private-held firm into a publicly-held firm or from unlisted to a listed firm. During the current calendar year 2017, IPOs worth around Rs 11,200 crore are going to hit the market. Since, it is not a good idea to invest in all the IPOs, let us discuss certain guidelines to be followed to make money from IPO.

Despite Samvat 2073 starting off with demonetisation shock, Sensex gains 16 pct, Nifty nearly 18 pct

Although Samvat 2073 began with a demonetisation shock, the benchmark Sensex sparkled with 16% gain during the year — nearly double the gain it registered in Samvat 2072. In this period, the Nifty50 rallied nearly 18%. With the fifty-stock index soaring to record highs yet again on Friday, the valuation of Indian equities have peaked further. At a lifetime high of 10,167.45, the benchmark Nifty trades at a price-to-earnings multiple of 18 times estimated one year forward earnings.

Mumbai property prices: Reserve rates for land parcels being cut to lure buyers

Reserve prices for land parcels in Mumbai are being fixed at very modest levels so as to attract buyers. Plots close to the Navi Mumbai International airport are to be auctioned by Cidco (City Industrial and Development Corporation of Maharashtra) at prices that about 7% lower than the prices that land in New Panvel fetched in May. In other words, the next round of auctions will see lower reserve prices for plots that are better located.

 

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