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Sunday, October 4, 2015
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Less Bliing For Akshay and More for Talvar on Day Two

Akshay Kumar’s Singh Is Bliing witnessed a sharp dip in collections on Saturday with Rs 14.50 crores, following a ‘phenomenal’ score of Rs 20.67 crores on its opening day, October 2. Trade analyst Taran Adarsh tweeted the figures on Saturday.


 

However, his prediction says that the romantic-comedy should fare better on Sunday. Singh Is Bliing features Akshay as Raftaar Singh and also stars Amy Jackson as his love interest.


The opening day collections of the movie, surpassed the Bollywood Khiladi‘s other 2015 releases like Gabbar Is Back (Rs 13.05 crores), Baby (Rs 9.3 crores) and Brothers ( Rs 15.20 crores ). And it did so by a fair margin, to become his “biggest opener.” (Also Read: Akshay’s ‘Spectacular’ Box Office Bliing, Rs 20 Cr on Opening Day)


On the other hand, Meghna Gulzar’s Talvar performed slightly better than Friday, minting Rs 2.75 crores on Saturday. Mr Adarsh shared the collections, which read a total of Rs 5.75 crores.



 



Irrfan Khan and Konkona Sen Sharma’s Talvar is a crime-thriller and is based on the Aarushi Talwar murder case. Both Singh Is Bliing and Talvar hit screens on October 2.



 


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Manage Traffic Properly Near Rao Tula Ram Flyover: High Court

Manage Traffic Properly Near Rao Tula Ram Flyover: High Court

The court was hearing a plea by the resident’s welfare associations of Vasant Vihar challenging the Public Works Department (PWD)’s decision to build a three-lane flyover parallel to the single-lane flyover on RTR marg.



New Delhi:  Delhi High Court has asked the city government and traffic police to ensure that “traffic management is done properly” near the Rao Tula Ram (RTR) Marg flyover on the Outer Ring Road.

“Has traffic management (been) done properly,” a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva asked Delhi government and the traffic police after the court was informed that the area was witnessing serious traffic snarls due to gaps in the barriers placed to prevent traffic coming in from adjoining colonies.


The court was told that due to gaps in the barriers kept on the road to regulate vehicular movement, cars were entering Outer Ring Road through the adjoining Vasant Vihar colony at various places near the RTR flyover, causing major jams.


It was also submitted before court that the road connecting RTR marg to Mahipalpur was not navigable, and this was further leading to the traffic chaos in the area.

The court was hearing a plea by the resident’s welfare associations of Vasant Vihar challenging the Public Works Department (PWD)’s decision to build a three-lane flyover parallel to the single-lane flyover on RTR marg.


The court will now hear the matter on November 18.


On October 28 last year, the court had said that “the alternative measures discussed for de-congesting the traffic to and from the airport, particularly, at the T-junction joining Nelson Mandela Marg and the Outer Ring Road as also the entry point after Ryan International School from Mehrauli- Mahipalpur Road to the DDA road shall be made operational within two weeks.”


It had said the authorities shall endeavour to make operational every route they intend to use during diversion of traffic while building the flyover.


Vasant Vihar residents associations have sought that a six-lane flyover be built in the same location by demolishing the existing one while PWD plans to build a three-lane elevated road from Munirka to Signals Enclave, which will also run parallel to the RTR Marg flyover.


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Birth, Death Certificates to Be Linked With Aadhaar Card: Anil Vij

Chandigarh:  To ensuring prompt availability of birth and death certificates in the state, Aadhaar card is being linked to them, said Haryana Health Minister Anil Vij today.

This would ensure that people do not have to face any problem while getting birth and death certificates, he said in a release in Chandigarh.


Speaking on female foeticide, Mr Vij said that the Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) Act, 1994 was being implemented in a strict manner.


Under this, investigation and raids have been conducted in about 2,400 cases, and registration of 53 private centres has been canceled or suspended. In this duration, 41 ultrasound machines have been sealed and 28 cases have been registered in lower courts, he informed.

Mr Vij said for the strict implementation of this Act, District Advisory Committee organised 93 meetings in various districts of the state, in which it was asked to make people aware and motivate doctors to avoid such acts.


Apart from this, the Health Department is making efforts to spread awareness among the people to stop female foeticide.


This is giving a fillip to the Prime Minister Narendra Modi’s ‘Beti Bachao, Beti Padhao’ programme, he added.


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For SBI Home Loan Customers, Not Much to Cheer. Here's Why

Mumbai: State Bank of India (SBI) may have cut its base lending rate by 40 basis points to 9.3 per cent following the Reserve Bank’s latest policy rate cut, but home loan customers of the country’s largest lender will have to pay up to 0.7 per cent above the base rate, and interest of as much as 10 per cent for their loans.

Accordingly, the actual reduction in home loan rate will be a maximum of only 20 basis points, while a higher margin above the base rate will mean customers will have to pay the same rate of interest for home loans above Rs 1 crore.


The rate for ‘Maxgain’ home loans above Rs 1 crore – at 9.75 per cent for women – would come down only 20 basis points, while for other customers it would actually remain unchanged at 10 per cent with effect from Monday despite a reduction of 40 basis points in base rate.


For CRE (commercial real estate) Maxgain loans, SBI would charge as much as 65 basis points above base rate or 9.95 per cent for women customers and 70 basis points above the base rate or 10 per cent for other customers.


The bank’s spokesperson was not immediately available for comments. However, bank officials tried to justify the increase in the markup over base rate, saying the decline in actual home loan rates has been 75 basis points since December 2013, as against a reduction in base rate by 70 basis points.


They also said that the base rate for other lenders continues to be higher at 9.55 per cent, while in December 2013 also it was higher at 10.3 per cent as against SBI’s 10 per cent.


Interestingly, state-owned SBI was among the first lenders to announce a reduction in its rates after the RBI surprised with a 50 basis points cut in its policy rate on September 29 as it lowered its minimum lending rate, or base rate, by 40 basis points – the highest for any lender so far – from 9.7 per cent to 9.3 per cent with effect from October 5. (Read: SBI cuts lending rate)


“RBI has cut interest rate by 0.50 per cent, we have reduced it by 0.40 per cent,” SBI chairperson Arundhati Bhattacharya had said on Tuesday about the cut in SBI’s base rate, soon after RBI Governor Raghuram Rajan announced a 50 basis point cut in the central bank’s policy rate to 6.75 per cent – the lowest level in his tenure.


However, in its latest circular dated October 3 to all local head offices, SBI has explained the actual home loan interest rates that would be applicable across various categories following the latest reduction in the base rate coming into effect from Monday, October 5.


According to the circular, women customers, who typically get a subsidised rate, would be charged 20 basis points above the base rate, resulting in an actual interest rate of 9.5 per cent Monday onwards – down only 20 basis points from the existing rate of 9.7 per cent.


Till now, women home loan customers were being given housing loans at the base rate of 9.7 per cent without any markup, but Monday onwards, they will be charged 20 basis points above the base rate of 9.3 per cent or an interest rate of 9.5 per cent.


Other customers, who were being charged 5 basis points above the base rate or 9.75 per cent, would have to pay 25 basis points above base rate, or 9.55 per cent, for home loans – resulting again in an actual reduction of 20 basis.


For Maxgain home loans for amount more than Rs 1 crore, SBI was till Sunday charging 25 basis points above the base rate or an actual rate of 9.95 per cent to women customers and 30 basis points over and above the base rate or a final rate of 10 per cent for others. This rate would come down to only 9.75 per cent for women customers, as the markup has been increased to 45 basis points over the base rate, while the rate for other customers in this category would come down to only 9.8 per cent as the margin has gone up to 50 basis points.


From Monday, the rate for women customers in the CRE Maxgain category would be 65 basis points above base rate or an actual rate off 9.95 per cent, while the same for other customers would be 10 per cent or 70 basis points over the base rate.


Explaining the revised rates, SBI said these would be applicable to all home loans including takeover proposals from other lenders and those sanctioned by various branches with effect from October 5.


The revised rates would also be applicable to those existing home loan borrowers who are paying higher interest rate than the current rate and want to switch over to the current rates on upfront payment of one-time switchover fee.


“No further interest concession would be available under any arrangement and in any case, the effective interest rate should not be allowed to go below (these) rates,” SBI said.


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Rash Driving: 37-Year-Old Woman Gets Rs 5 Lakh Compensation

Rash Driving: 37-Year-Old Woman Gets Rs 5 Lakh Compensation

The tribunal directed the National Insurance Company Ltd, insurer of the offending motorcycle, to pay Rs 5,36,127 to Laxmi Nagar resident Sabita Haldar.



New Delhi:  A 37-year-old woman, who suffered grievous injuries after being hit by a rashly and negligently driven motorcycle, has been awarded compensation of over Rs 5 lakh by a Motor Accident Claims Tribunal (MACT) in New Delhi.

The tribunal directed the National Insurance Company Ltd, insurer of the offending motorcycle, to pay Rs 5,36,127 to Laxmi Nagar resident Sabita Haldar, who suffered injuries in the mishap in September 2013.


“The insurance company is hereby directed to pay the compensation of Rs 5,36,127 within one month to the claimant (woman),” said MACT presiding officer, Ravinder Bedi.


In its order, the tribunal also said that “a victim of an accident has to be compensated in terms of money even if gratuitous services are rendered by a family member”.

According to the petition filed by Ms Haldar, she was hit by a motorcycle driven at high speed and in a negligent manner at 9.30 PM on September 26, 2013, while she was crossing the road.


She suffered grievous injuries in the accident and was taken to a hospital, it said.


Ms Haldar, who was working as a maid, had claimed that she had suffered multiple fracture of bones of her right limbs and sought compensation.


The motorcycle driver did not file his written statement before the tribunal and the proceedings were conducted ex-parte.


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Assam Legislator Arrested for Allegedly Raping Minor Maid

Rangia, Assam:  Assam legislator Gopi Nath Das, who was absconding since last month, was arrested today for allegedly raping his minor domestic help.Mr Das, who was on the way to surrender at the CJM Court in Kamrup district, was arrested at Amingaon,” Kamrup Superintendent of Police Indrani Barua said.

Mr Das, who represented Boko constituency on All India United Democratic Front (AIUDF) ticket, was taken to Palashbari police station, she said.


Mr Das was absconding for more than a month to evade arrest in the alleged rape case filed by his minor domestic help.


On August 29, a case under section 343 IPC for wrongful confinement, read with Section 4/8 of the Protection of Children from Sexual Offences Act 2012, was registered following a complaint by the 14-year-old girl at Mandira outpost under Boko police station that she was allegedly raped by the MLA inside his car in Guwahati.


The case was later transferred to Boko police station.


The girl, hailing from Heckra Jogipara under Nagarbera police station in Kamrup district and staying in Mr Das’s house as a domestic help, had alleged before media that the MLA had raped her inside his car in Guwahati.


Mr Das had rejected the girl’s charges as “conspiracy”.


 


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3D Printed Ice Shelter for Mars Wins $25,000 NASA Award

New York:  A 3D printed ice shelter designed for Mars, which aims to rely on the red planet’s predicted liquid water and low temperatures, has won the first-place award of $25,000 in NASA’s Mars habitat design competition.

NASA has awarded a total of $40,000 in the first stage of the 3-D Printed Habitat Challenge Design Competition.


The design competition challenged participants to develop architectural concepts that take advantage of the unique capabilities 3-D printing offers to imagine what habitats on  Mars might look like using this technology and in-situ resources.


More than 165 submissions were received and 30 highest-scoring entries were judged. The first-place award of $25,000 went to Team Space Exploration Architecture and Clouds Architecture Office for their design, Mars Ice House.


“Given the predicted abundance of water in certain areas on Mars, our approach takes full advantage of its properties as an indigenous material that acts both as a life-force to sustain a human and plant ecosystem, and, when 3D printed, as our primary fabrication material,” the team said.

As water is a means of sustaining life and ice a potential building material, the team opted to locate at Alba Mons in Mars’ northern hemisphere, where it is believed sub-surface water ice is plentiful.


The proposal uses a lander as the basis of the shelter, containing both private and communal interior spaces. Once in situ, it would deploy an inflatable membrane to create an interstitial environment between the outside of the capsule and the Mars atmosphere.


Rovers would then extract water from the ice below the surface at Alba Mons and apply it to form a protective skin on the inside of the inflatable environment.


The layer of ice would provide protection from radiation in the outside atmosphere, and it would also be translucent and allow light into the habitat, ‘Gizmag’ reported.


By conditioning the environment within the inflatable section, it is proposed that the ice be kept frozen indefinitely and vegetation could be grown, which would help to convert carbon dioxide into oxygen.


The second place award of $15,000 went to Team Gamma, from architecture firm Foster + Partners. Its concept proposes using semi-autonomous robots to build a shelter using regolith (the loose soil and rocks found on the surface of Mars).


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