General Affairs
Being Chintu: All you need to know about MIT Pune's robot for the elderly
-
Maharashtra Institute of Technology (MIT), Pune, in collaboration with IBM, on Thursday introduced Chintu -- a robot designed to assist senior citizens in conducting everyday tasks.
Chintu, who was unveiled during the ongoing MIT Tech Fest 'Texephyr', can do everything from setting reminders to dancing to Gangnam Style.
"The robot has opened up a new and exciting research avenue for our students. Robotics, machine learning and cognitive computing are interesting and exploring fields of research today and our students are getting first hand experience of working in these fields," MIT Pune's Head of Computer Engineering Department Vrushali Kulkarni told IANS. "What I like most about Watson is that it can solve real world problems. These services can be used as and when required, and are always accessible," said MIT Pune student Krishnamohan Manmohan.
Here's everything you might want to know about Chintu:
#1 Chintu is two-foot tall and weighs around 5 kgs. It has a microphone, multiple cameras, multiple on-board sensors and an internal memory of 8GB. The MIT team is working on not only enhancing existing features, but adding new ones too.
#2 Chintu gets its intelligence from IBM Watson -- a cognitive technology that can think like a human -- and the IBM Bluemix Cloud platform. Watson APIs powered by IBM Bluemix guide the robot through solving day to day problems, the American technology giant said in a statement.
"This is a great example of co-creation. You put great technology in the hands of bright and enthusiastic students, you give them freedom and a fun element and India's next generation of engineers start to do magical things. This is the way in which innovation will happen in the future," said Mezjan Dallas, University Relations Leader at IBM India.
#3 With support from Watson, Chintu is perfectly capable of reading text and can thus help the elderly in reading newspapers, books.
'Chintu' can also read! #CognitiveAssistant#MITroboChintu#IBMWatson#IBMIndiaUR#MITTechfest#Texephyrpic.twitter.com/YJd6jMSdwX
- Gayathrie Maediratta (@GGMAEDI) March 16, 2017
The cognitive assistant has the capability to perform a lot of other simple tasks, like reading, recalling capitals of different countries and telling you the time in the other countries.
#4 Chintu can set reminders as instructed by its owner - it just needs to be given a time, date and purpose for the reminder.
#5 Chintu is a bit of an entertainer too, with its capability to sing, dance and even emulate Shah Rukh Khan.
#6 Chintu has the capability to detect emotions from the change in tone and respond accordingly. It uses the Tone Analyser API to effectively detect emotions.
#7 It takes an individual between two and three days to get used to Chintu. Its programming can also be customised to suit the needs of the person.
#8 Chintu is being developed by four final-year students at MIT Pune - Krishnamohan Manmohan, Rishab Dasgupta, Astitva Shah and Sanketh Gupta - with blessings from IBM, which provided a Rs 10 lakh grant under its Global Shared University Research grant programme.
Introducing "Chintu" @MIT Techfest 2017, Pune #Texephyr#IBMIndiaUR#MITroboChintu#IBMWatsonpic.twitter.com/FB4yJysu1N
- Gayathrie Maediratta (@GGMAEDI) March 16, 2017
The robot came from French firm SoftBank Robotics, while the students devised the software that allowed it to interact with people real time. They began working on Chintu in January just this year.
"The future of innovation will be co-creation and that is what this is. This is deep research in the hands of the students who learnt quickly and put this together in just eight weeks,"
Maharashtra Institute of Technology (MIT), Pune, in collaboration with IBM, on Thursday introduced Chintu -- a robot designed to assist senior citizens in conducting everyday tasks.
Chintu, who was unveiled during the ongoing MIT Tech Fest 'Texephyr', can do everything from setting reminders to dancing to Gangnam Style.
"The robot has opened up a new and exciting research avenue for our students. Robotics, machine learning and cognitive computing are interesting and exploring fields of research today and our students are getting first hand experience of working in these fields," MIT Pune's Head of Computer Engineering Department Vrushali Kulkarni told IANS. "What I like most about Watson is that it can solve real world problems. These services can be used as and when required, and are always accessible," said MIT Pune student Krishnamohan Manmohan.
Here's everything you might want to know about Chintu:
#1 Chintu is two-foot tall and weighs around 5 kgs. It has a microphone, multiple cameras, multiple on-board sensors and an internal memory of 8GB. The MIT team is working on not only enhancing existing features, but adding new ones too.
#2 Chintu gets its intelligence from IBM Watson -- a cognitive technology that can think like a human -- and the IBM Bluemix Cloud platform. Watson APIs powered by IBM Bluemix guide the robot through solving day to day problems, the American technology giant said in a statement.
"This is a great example of co-creation. You put great technology in the hands of bright and enthusiastic students, you give them freedom and a fun element and India's next generation of engineers start to do magical things. This is the way in which innovation will happen in the future," said Mezjan Dallas, University Relations Leader at IBM India.
#3 With support from Watson, Chintu is perfectly capable of reading text and can thus help the elderly in reading newspapers, books.
'Chintu' can also read! #CognitiveAssistant#MITroboChintu#IBMWatson#IBMIndiaUR#MITTechfest#Texephyrpic.twitter.com/YJd6jMSdwX- Gayathrie Maediratta (@GGMAEDI) March 16, 2017
The cognitive assistant has the capability to perform a lot of other simple tasks, like reading, recalling capitals of different countries and telling you the time in the other countries.
#4 Chintu can set reminders as instructed by its owner - it just needs to be given a time, date and purpose for the reminder.
#5 Chintu is a bit of an entertainer too, with its capability to sing, dance and even emulate Shah Rukh Khan.
#6 Chintu has the capability to detect emotions from the change in tone and respond accordingly. It uses the Tone Analyser API to effectively detect emotions.
#6 Chintu has the capability to detect emotions from the change in tone and respond accordingly. It uses the Tone Analyser API to effectively detect emotions.
#7 It takes an individual between two and three days to get used to Chintu. Its programming can also be customised to suit the needs of the person.
#8 Chintu is being developed by four final-year students at MIT Pune - Krishnamohan Manmohan, Rishab Dasgupta, Astitva Shah and Sanketh Gupta - with blessings from IBM, which provided a Rs 10 lakh grant under its Global Shared University Research grant programme.
Introducing "Chintu" @MIT Techfest 2017, Pune #Texephyr#IBMIndiaUR#MITroboChintu#IBMWatsonpic.twitter.com/FB4yJysu1N- Gayathrie Maediratta (@GGMAEDI) March 16, 2017
The robot came from French firm SoftBank Robotics, while the students devised the software that allowed it to interact with people real time. They began working on Chintu in January just this year.
"The future of innovation will be co-creation and that is what this is. This is deep research in the hands of the students who learnt quickly and put this together in just eight weeks,"
Patna: No consensus on grand alliance candidate to take on PM Modi in 2019
-
Even before an idea of forging a grand alliance to take Prime Minister Narendra Modi in 2019 took wings, differences have cropped up over the leader of such an alliance. After the BJP registered a landslide victory in Uttar Pradesh elections, there has been a growing clamor amongst the political parties to come together on a common platform ahead of 2019. The victorious Bihar model of grand alliance on Thursday took the initiative urging for the formation of such an alliance on the national forum, but differences have erupted over the face of the alliance.
Congress, despite facing one of its worst defeat in Uttar Pradesh, remained firm on its vice-president Rahul Gandhi to take on the Modi wave in 2019 Lok Sabha polls.
"It's Rahul Gandhi for us to take on Narendra Modi. However, every party has its own Prime Ministerial candidate and when time comes, we will reach a consensus," said Ashok Chowdhary, Congress state president and education minister.
JD-U, on the other hand believes that it was the grand alliance under the leadership of Chief Minister Nitish Kumar which stalled the victory march of BJP in state elections. Party spokesperson Sanjay Singh warned unless all parties unite under Nitish Kumar, defeating BJP in 2019 remained a distant dream.
"Uttar Pradesh results are very unfortunate and if a Bihar like alliance would have been forged, things would have been different in UP. If all political parties do not unite, there will be a big loss for all. One person who can challenge PM Modi is only Nitish Kumar," said Sanjay Singh, JD-U spokesperson.
BJP, however, believes that the concept of a broader alliance like Bihar on the national platform was not feasible keeping in mind several PM candidates of every regional party.
"Top most leader of every regional parties is a Prime Ministerial candidate for that party. What better can it be for the BJP if leaders like Nitish Kumar, Lalu Prasad, Akhilesh Yadav, Mulayam Singh, Mamta Bannerjee and Naveen Patnaik become PM candidates of their parties," commented Sushil Modi, senior BJP leader.
Though, the saffron party opines that a person can become PM only whose party has at least 200 MPs of their own. Since, Congress was the largest political party besides BJP, there was hardly any chance of Congress backing anyone else, but Rahul Gandhi.
Even before an idea of forging a grand alliance to take Prime Minister Narendra Modi in 2019 took wings, differences have cropped up over the leader of such an alliance. After the BJP registered a landslide victory in Uttar Pradesh elections, there has been a growing clamor amongst the political parties to come together on a common platform ahead of 2019. The victorious Bihar model of grand alliance on Thursday took the initiative urging for the formation of such an alliance on the national forum, but differences have erupted over the face of the alliance.
Congress, despite facing one of its worst defeat in Uttar Pradesh, remained firm on its vice-president Rahul Gandhi to take on the Modi wave in 2019 Lok Sabha polls.
"It's Rahul Gandhi for us to take on Narendra Modi. However, every party has its own Prime Ministerial candidate and when time comes, we will reach a consensus," said Ashok Chowdhary, Congress state president and education minister.
JD-U, on the other hand believes that it was the grand alliance under the leadership of Chief Minister Nitish Kumar which stalled the victory march of BJP in state elections. Party spokesperson Sanjay Singh warned unless all parties unite under Nitish Kumar, defeating BJP in 2019 remained a distant dream.
"Uttar Pradesh results are very unfortunate and if a Bihar like alliance would have been forged, things would have been different in UP. If all political parties do not unite, there will be a big loss for all. One person who can challenge PM Modi is only Nitish Kumar," said Sanjay Singh, JD-U spokesperson.
BJP, however, believes that the concept of a broader alliance like Bihar on the national platform was not feasible keeping in mind several PM candidates of every regional party.
"Top most leader of every regional parties is a Prime Ministerial candidate for that party. What better can it be for the BJP if leaders like Nitish Kumar, Lalu Prasad, Akhilesh Yadav, Mulayam Singh, Mamta Bannerjee and Naveen Patnaik become PM candidates of their parties," commented Sushil Modi, senior BJP leader.
Though, the saffron party opines that a person can become PM only whose party has at least 200 MPs of their own. Since, Congress was the largest political party besides BJP, there was hardly any chance of Congress backing anyone else, but Rahul Gandhi.
Uttarakhand: Trivendra Singh Rawat elected BJP Legislature Party leader, oath tomorrow
-
Trivendra Singh Rawat was elected leader of the BJP Legislature Party in Uttarakhand today. He will take oath as Chief Minister on Saturday.
"Trivendra Singh Rawat was elected leader of the BJP Legislature Party. His name was proposed by Satpal Maharaj and Prakash Pant. The proposal was accepted unanimously," Union Minister Narendra Singh Tomar told reporters in Dehradun.
Tomar said that the BJP legislators, headed by Rawat, would meet Governor Krishan Kant Paul and stake claim to form the new government in the state.
RAWAT AN OLD RSS MAN
Rawat, a former state BJP chief, won his traditional Doiwala seat by defeating the Congress's Hira Singh Bisht by over 24,000 votes.
A former member of the Rashtriya Swayamsewak Sangh (RSS), Rawat is also considered close to BJP president Amit Shah.
He was in close touch with Prime Minister Narendra Modi when the latter was a General Secretary of the BJP and in-charge of Uttarakhand.
During the 2014 Lok Sabha election, Rawat was attached with Amit Shah in Uttar Pradesh where the BJP swept all but seven seats. He is also credited with the BJP's win in Jharkhand.
SWEARING-IN AT 3 PM TOMORROW
Uttarakhand BJP chief Ajay Bhatt has said the oath taking event has been fixed for 3 pm on Saturday. All the 57 newly elected legislators of the BJP have been asked to come to the state capital.
The BJP has swept back to power in the hill state after five years, that too with a landslide majority.
Modi and Amit Shah along with select central ministers and senior BJP leaders are likely to be present at the oath taking.
Security arrangements are being made at the Parade Grounds, keeping in mind the VVIPs who will attend. Besides Rawat, Satpal Maharaj and Prakash Pant were in the race for the Chief Minister's post.
Trivendra Singh Rawat was elected leader of the BJP Legislature Party in Uttarakhand today. He will take oath as Chief Minister on Saturday.
"Trivendra Singh Rawat was elected leader of the BJP Legislature Party. His name was proposed by Satpal Maharaj and Prakash Pant. The proposal was accepted unanimously," Union Minister Narendra Singh Tomar told reporters in Dehradun.
Tomar said that the BJP legislators, headed by Rawat, would meet Governor Krishan Kant Paul and stake claim to form the new government in the state.
RAWAT AN OLD RSS MAN
Rawat, a former state BJP chief, won his traditional Doiwala seat by defeating the Congress's Hira Singh Bisht by over 24,000 votes.
A former member of the Rashtriya Swayamsewak Sangh (RSS), Rawat is also considered close to BJP president Amit Shah.
He was in close touch with Prime Minister Narendra Modi when the latter was a General Secretary of the BJP and in-charge of Uttarakhand.
During the 2014 Lok Sabha election, Rawat was attached with Amit Shah in Uttar Pradesh where the BJP swept all but seven seats. He is also credited with the BJP's win in Jharkhand.
SWEARING-IN AT 3 PM TOMORROW
Uttarakhand BJP chief Ajay Bhatt has said the oath taking event has been fixed for 3 pm on Saturday. All the 57 newly elected legislators of the BJP have been asked to come to the state capital.
The BJP has swept back to power in the hill state after five years, that too with a landslide majority.
Modi and Amit Shah along with select central ministers and senior BJP leaders are likely to be present at the oath taking.
Security arrangements are being made at the Parade Grounds, keeping in mind the VVIPs who will attend. Besides Rawat, Satpal Maharaj and Prakash Pant were in the race for the Chief Minister's post.
Maharashtra economic survey pegs GDP growth at 9.4 per cent this fiscal
-
The Economic Survey of Maharashtra indicates that the Gross State Domestic Product (GSDP) is expected to grow at 9.4 per cent in 2016-17 as compared to 8.5 per cent of 2015-16. Also there is positive news for agriculture sector. Survey estimates agriculture and allied sector's growth will be 12.5 per cent from minus 4.6 per cent.
State's Economic Survey for 2016-17 was tabled by Finance Minister Sudhir Mungantiwar who feels that Maharashtra is moving towards double digit growth in upcoming years. But state's public finance will be a big concern for the state government as its total debt is estimated to be Rs 3.56 lakh crore. As compared to Rs 3.2 lakh crore, interest payment is also set to increase from Rs 28220 crore to Rs 26217 crore.
The government has invested more in infrastructure and transportation which has helped them to maintain the speed of growth rate steady. Maharashtra has also taken development work of 10 cities of states which got nominated for Smart City project. At the end of March 2016 the total road length maintained by PWD and ZP was about 3.01 lakh. About 99 per cent villages were connected by all-rounder roads or fair weather roads.
Importantly, the figure of land under irrigation was not mentioned. On being asked, the minister promised to read out the figures on Saturday.
Today when economic survey was getting tabled in Upper House Congress and NCP created uproar as Shiv Sena leader and state minister for Finance Deepak Kesarkar was tabling it. They opposed to Kesarkar saying Shiv Sena also wants loan waiver for farmers then how can Sena ministers table Economic Survey? But clarifying his stand while speaking to media Deepak Kesarkar told it's his duty to table this survey and present tomorrow's budget. He has got same instructions from party chief Uddhav Thackeray to continue his duty first.
According to the Economic Survey, total debt stock of Rs 3.56 lakh crore is 15.7 per cent of GSDP and is well within the limit of 22.1 per cent laid down by the 14th Finance Commission.
The Economic Survey of Maharashtra indicates that the Gross State Domestic Product (GSDP) is expected to grow at 9.4 per cent in 2016-17 as compared to 8.5 per cent of 2015-16. Also there is positive news for agriculture sector. Survey estimates agriculture and allied sector's growth will be 12.5 per cent from minus 4.6 per cent.
State's Economic Survey for 2016-17 was tabled by Finance Minister Sudhir Mungantiwar who feels that Maharashtra is moving towards double digit growth in upcoming years. But state's public finance will be a big concern for the state government as its total debt is estimated to be Rs 3.56 lakh crore. As compared to Rs 3.2 lakh crore, interest payment is also set to increase from Rs 28220 crore to Rs 26217 crore.
The government has invested more in infrastructure and transportation which has helped them to maintain the speed of growth rate steady. Maharashtra has also taken development work of 10 cities of states which got nominated for Smart City project. At the end of March 2016 the total road length maintained by PWD and ZP was about 3.01 lakh. About 99 per cent villages were connected by all-rounder roads or fair weather roads.
Importantly, the figure of land under irrigation was not mentioned. On being asked, the minister promised to read out the figures on Saturday.
Today when economic survey was getting tabled in Upper House Congress and NCP created uproar as Shiv Sena leader and state minister for Finance Deepak Kesarkar was tabling it. They opposed to Kesarkar saying Shiv Sena also wants loan waiver for farmers then how can Sena ministers table Economic Survey? But clarifying his stand while speaking to media Deepak Kesarkar told it's his duty to table this survey and present tomorrow's budget. He has got same instructions from party chief Uddhav Thackeray to continue his duty first.
According to the Economic Survey, total debt stock of Rs 3.56 lakh crore is 15.7 per cent of GSDP and is well within the limit of 22.1 per cent laid down by the 14th Finance Commission.
Kashmir: Shots fired during anti-stone pelter operations in Pulwama, manhunt launched to nab gunman
-
Anti-stone pelter operations in the Valley led to gunshots being fired in Pulwama's Batnoor Lassipora area Monday morning.
Personnel from the Jammu and Kashmir Police's Special Operations Group and the 182 and 183 Rashtriya Rifles reached the Batnur village to pick up a suspected stone pelter. The troops came under fire as they entered the multi-storied home at around 2.15 am Monday.
The forces did not retaliate and the gunman is presumed to have escaped in the commotion that followed the initial fire. Forces have launched a manhunt to nab the suspect(s).
Earlier this month, two civilians were killed as a result of an encounter, in which in two Lashkar-e-Taiba militants were killed.
Anti-stone pelter operations in the Valley led to gunshots being fired in Pulwama's Batnoor Lassipora area Monday morning.
Personnel from the Jammu and Kashmir Police's Special Operations Group and the 182 and 183 Rashtriya Rifles reached the Batnur village to pick up a suspected stone pelter. The troops came under fire as they entered the multi-storied home at around 2.15 am Monday.
The forces did not retaliate and the gunman is presumed to have escaped in the commotion that followed the initial fire. Forces have launched a manhunt to nab the suspect(s).
Earlier this month, two civilians were killed as a result of an encounter, in which in two Lashkar-e-Taiba militants were killed.
Business Affairs
29 lakh debit cards subjected to malware attack through ATMs: MoS Finance
-
A total of 29 lakh debt cards were subjected to malware attack last year through ATMs that were connected with the switch of Hitachi, the government said today.
As reported by commercial banks, 2.9 million cards were used at ATMs that were connected to switch of Hitachi, which was subjected to malware attack, Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.
However, he said the successful attempts of misuse of compromised cards as reported to the RBI by banks was only 3,291.
"RBI has informed that Hitachi Payment Services (HPS) appointed SISA Infosec for PCI forensic investigation. The final report suggested that the ATM infrastructure of HPS was breached and the data between May 21 and July 11, 2016 were compromised, but not the POS (point of sale) infrastructure," he said.
According to the minister, the National Payment Corporation of India (NPCI) has said no independent investigation was carried out by it.
He further said the RBI advised banks to improve and maintain customer awareness and education with regard to cyber security risks.
"Banks were also asked to educate the customers on the downside risk of sharing their login credentials or passwords etc to any third-party vendor and the consequences thereof," he added.
RBI has set up a Cyber Security and IT Examination (CSITE) Cell within its Department of Banking Supervision in 2015, he said, adding that the bank issued a comprehensive circular on June 2, 2016 covering best practices pertaining to various aspects of cyber security.
In another reply, Gangwar said total stressed assets (gross non-performing assets and restructured standard advances) of scheduled commercial banks were Rs 9.64 lakh crore as on December 31, 2016.
A total of 29 lakh debt cards were subjected to malware attack last year through ATMs that were connected with the switch of Hitachi, the government said today.
As reported by commercial banks, 2.9 million cards were used at ATMs that were connected to switch of Hitachi, which was subjected to malware attack, Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.
However, he said the successful attempts of misuse of compromised cards as reported to the RBI by banks was only 3,291.
"RBI has informed that Hitachi Payment Services (HPS) appointed SISA Infosec for PCI forensic investigation. The final report suggested that the ATM infrastructure of HPS was breached and the data between May 21 and July 11, 2016 were compromised, but not the POS (point of sale) infrastructure," he said.
According to the minister, the National Payment Corporation of India (NPCI) has said no independent investigation was carried out by it.
He further said the RBI advised banks to improve and maintain customer awareness and education with regard to cyber security risks.
"Banks were also asked to educate the customers on the downside risk of sharing their login credentials or passwords etc to any third-party vendor and the consequences thereof," he added.
RBI has set up a Cyber Security and IT Examination (CSITE) Cell within its Department of Banking Supervision in 2015, he said, adding that the bank issued a comprehensive circular on June 2, 2016 covering best practices pertaining to various aspects of cyber security.
In another reply, Gangwar said total stressed assets (gross non-performing assets and restructured standard advances) of scheduled commercial banks were Rs 9.64 lakh crore as on December 31, 2016.
Sensex, Nifty ends lower; ITC gains, Airtel loses
-
3.55 PM:
MARKET CLOSING
The S&P BSE Sensex closed at 29,648.99, up 63.14 points while the Nifty50 closed 9,160.05, up 6.35 points.
The benchmark indices opened on a high note but slowly lost pace by midday.
However, the Nifty hit a fresh high at 9,200 briefly in the morning hours.
The BSE Sensex also touched a 2-year high after shares of ITC spiked as much as 7.4 per cent - its biggest gain since May 2016.
The cigarette making company welcomed the government's decision of not increasing tax rates.
10.23 AM:
Shares of ITC gain 7.11 per cent on the BSE.
Among the laggards are Bharti Airtel, GAIL and Sun Pharma that fell over 1 per cent on the BSE.
Meanwhile, Radio City's owner and operator, Music Broadcast lists at Rs 420 and is up over 26 per cent over its issue price.
The company saw a spectacular debut as its shares got losted at a 26.13 per cent premium on BSE at Rs 420 compared with an issue price of Rs 333.
9.50 AM:
INDIAN RUPEE
Reversing its 4-day climb, the rupee fell 24 paise to 65.65 against the dollar today as the American currency got some of its lure back among banks and importers.
The dollar's strength overseas weighed, but a higher opening in domestic equities cushioned the impact.
The rupee had gained 28 paise to close at a fresh 16-month high of 65.41 yesterday after the US Fed stuck to its stance of a gradual approach on future rate hikes.
(PTI)
9.30 AM:
The shares of ITC continue to gain over 5 per cent and contributed nearly 1/3rd to the Nifty gains
FMCG stocks buzz in trade today.
9.25 AM:
The Indian benchmark indices opened on a higher note with the Nifty hitting over 9,200-mark for the first time.
At 9.22 AM, the S&P BSE Sensex was trading at 29,678.25, up 92.40 points while the Nifty50 was ruling at 9,171.85, up 18.15 points.
The top performer on the bourses was ITC which surged over 5 per cent, followed by Adani Ports, Tata Steel, Wipro and Lupin.
Aviation stocks gain:
Jet Airways, up 3.54 per cet
Indigo, up 1.92 per cent
SpiceJet, up 2.62 per cent
9.12 AM:
EXPERT TAKE
"Going forward, we would expect this optimism to continue in the market and expect the Nifty to keep marching higher, first towards 9200 and then towards our near term target of 9400 - 9600 (price extension of previous up move from recent low of 7893.80) over the next few weeks. On the downside, yesterday's gap area of 9107 - 9129 would act as a strong support zone," said an Angel Broking report.
9.10 AM:
PRE MARKET OPENING
The Indian markets look to begin on a positive note.
Sensex quoted 169 points in pre opening session while Nifty50 was pegged around 54 points.
Stocks that are leading in the pre open are ITC, TCS, WIPRO and CIPLA.
9.00 AM:
GLOBAL MARKETS
Asian stocks rose higher in early trade on Friday, set for its best week since September, while the dollar continued the slide that began after the US Federal Reserve indicated it was unlikely to speed up monetary tightening.
The dollar index, which tracks the greenback against a basket of six trade-weighted peers, retreated 0.1 per cent to 100.26. It hit a five-week low on Thursday, and is down almost 1 percent for the week.
The dollar was steady at 113.32 yen but is on track to post a 1.2 per cent loss for the week.
The euro touched its highest level in 5-1/2-weeks on Friday. It was fractionally higher at $1.07715 in early trade, after two days of strong gains, and set to end the week up 0.9 percent.
Sterling inched lower to $1.235 early on Friday. On Thursday, it jumped to a two-week high after a decision by the Bank of England to hold interest rates steady, while hinting it might raise them soon.
While the Fed raised interest rates by 25 basis points on Wednesday, it kept to its original forecast of three rate hikes this year, disappointing investors who were expecting four.
Wall Street: Overnight, Wall Street was subdued following strong gains after the Fed's rate decision. The Nasdaq was flat, while the Dow Jones and the S&P 500 posted losses.
Asian Markets: China's Shanghai Composite Index was trading 0.26 per cent lower, Hong Kong's Hang Seng Index was rose 65 points higher while Japan's Nikkei was down 66 points.
3.55 PM:
MARKET CLOSING
The S&P BSE Sensex closed at 29,648.99, up 63.14 points while the Nifty50 closed 9,160.05, up 6.35 points.
The benchmark indices opened on a high note but slowly lost pace by midday.
However, the Nifty hit a fresh high at 9,200 briefly in the morning hours.
The BSE Sensex also touched a 2-year high after shares of ITC spiked as much as 7.4 per cent - its biggest gain since May 2016.
The cigarette making company welcomed the government's decision of not increasing tax rates.
10.23 AM:
Shares of ITC gain 7.11 per cent on the BSE.
Among the laggards are Bharti Airtel, GAIL and Sun Pharma that fell over 1 per cent on the BSE.
Meanwhile, Radio City's owner and operator, Music Broadcast lists at Rs 420 and is up over 26 per cent over its issue price.
The company saw a spectacular debut as its shares got losted at a 26.13 per cent premium on BSE at Rs 420 compared with an issue price of Rs 333.
9.50 AM:
INDIAN RUPEE
Reversing its 4-day climb, the rupee fell 24 paise to 65.65 against the dollar today as the American currency got some of its lure back among banks and importers.
The dollar's strength overseas weighed, but a higher opening in domestic equities cushioned the impact.
The rupee had gained 28 paise to close at a fresh 16-month high of 65.41 yesterday after the US Fed stuck to its stance of a gradual approach on future rate hikes.
(PTI)
9.30 AM:
The shares of ITC continue to gain over 5 per cent and contributed nearly 1/3rd to the Nifty gains
FMCG stocks buzz in trade today.
9.25 AM:
The Indian benchmark indices opened on a higher note with the Nifty hitting over 9,200-mark for the first time.
At 9.22 AM, the S&P BSE Sensex was trading at 29,678.25, up 92.40 points while the Nifty50 was ruling at 9,171.85, up 18.15 points.
The top performer on the bourses was ITC which surged over 5 per cent, followed by Adani Ports, Tata Steel, Wipro and Lupin.
Aviation stocks gain:
Jet Airways, up 3.54 per cet
Indigo, up 1.92 per cent
SpiceJet, up 2.62 per cent
9.12 AM:
EXPERT TAKE
"Going forward, we would expect this optimism to continue in the market and expect the Nifty to keep marching higher, first towards 9200 and then towards our near term target of 9400 - 9600 (price extension of previous up move from recent low of 7893.80) over the next few weeks. On the downside, yesterday's gap area of 9107 - 9129 would act as a strong support zone," said an Angel Broking report.
9.10 AM:
PRE MARKET OPENING
The Indian markets look to begin on a positive note.
Sensex quoted 169 points in pre opening session while Nifty50 was pegged around 54 points.
Stocks that are leading in the pre open are ITC, TCS, WIPRO and CIPLA.
9.00 AM:
GLOBAL MARKETS
Asian stocks rose higher in early trade on Friday, set for its best week since September, while the dollar continued the slide that began after the US Federal Reserve indicated it was unlikely to speed up monetary tightening.
The dollar index, which tracks the greenback against a basket of six trade-weighted peers, retreated 0.1 per cent to 100.26. It hit a five-week low on Thursday, and is down almost 1 percent for the week.
The dollar was steady at 113.32 yen but is on track to post a 1.2 per cent loss for the week.
The euro touched its highest level in 5-1/2-weeks on Friday. It was fractionally higher at $1.07715 in early trade, after two days of strong gains, and set to end the week up 0.9 percent.
Sterling inched lower to $1.235 early on Friday. On Thursday, it jumped to a two-week high after a decision by the Bank of England to hold interest rates steady, while hinting it might raise them soon.
While the Fed raised interest rates by 25 basis points on Wednesday, it kept to its original forecast of three rate hikes this year, disappointing investors who were expecting four.
Wall Street: Overnight, Wall Street was subdued following strong gains after the Fed's rate decision. The Nasdaq was flat, while the Dow Jones and the S&P 500 posted losses.
Asian Markets: China's Shanghai Composite Index was trading 0.26 per cent lower, Hong Kong's Hang Seng Index was rose 65 points higher while Japan's Nikkei was down 66 points.
Approval given to RBI to print Rs 10 plastic notes: Govt
-
The government today said the RBI has been authorised to conduct field trials of plastic notes of Rs 10 that have a longer life span.
In a written reply in the Lok Sabha, Minister of State for Finance Arjun Ram Meghwal said "it has been decided" to conduct a field trial with plastic banknotes at five locations of the country.
"Approval for procurement of plastic substrate and printing of bank notes of Rs 10 denomination on plastic banknote substrates has been conveyed to the RBI," the minister said.
He further said plastic notes are expected to last longer than cotton substrate based banknotes.
Over the years, central banks across the world have been exploring different solutions like plastic notes and other developments in banknote substrates for extending the life cycle of banknotes.
The minister also said an inter-disciplinary Standing Committee on Cyber Security has been constituted to review the threats inherent in the existing and emerging technology and suggest appropriate policy interventions to strengthen cyber security and resilience.
The government today said the RBI has been authorised to conduct field trials of plastic notes of Rs 10 that have a longer life span.
In a written reply in the Lok Sabha, Minister of State for Finance Arjun Ram Meghwal said "it has been decided" to conduct a field trial with plastic banknotes at five locations of the country.
"Approval for procurement of plastic substrate and printing of bank notes of Rs 10 denomination on plastic banknote substrates has been conveyed to the RBI," the minister said.
He further said plastic notes are expected to last longer than cotton substrate based banknotes.
Over the years, central banks across the world have been exploring different solutions like plastic notes and other developments in banknote substrates for extending the life cycle of banknotes.
The minister also said an inter-disciplinary Standing Committee on Cyber Security has been constituted to review the threats inherent in the existing and emerging technology and suggest appropriate policy interventions to strengthen cyber security and resilience.
Govt to write off taxes of 21.54 lakh taxpayers who owe Rs 100 or less
-
As one time measure, the government has decided to write off outstanding taxes of 21.54 lakh taxpayers who owe Rs 100 or less.
This was stated by Minister of State for Finance Santosh Kumar Gangwar in a written reply in the Lok Sabha today.
He said that with a view to reducing the administrative burden of maintaining and servicing very low amount of arrears, the government decided to write off the arrears in about 21.54 lakh cases.
"Since only a small amount of Rs 6.4 crore is to be written off under the decision of the government, no significant loss of revenue is caused requiring any arrangement or provision to be made in this regard," he said.
On the other hand, Gangwar said removal of 21.54 lakh cases (16 per cent of all cases) of low-value arrear from the records of the Income Tax Department would have a significant positive impact on the process of arrear collection and management.
"Though the decision to write off arrears up to Rs 100 has no bearing on prevention of tax evasion, the government has separately taken several steps to counter tax evasion and unearth unaccounted money...," the minister added.
In another reply, Gangwar said cases for e-verification of cash deposits made during the demonetisation period (November 9 - December 30, 2016) under 'operation clean money' have been identified by matching the database on tax profiles of persons with the quantum of deposits made by them.
As part of the "initial phase", he said the tax department has sought online response as per pre-defined parameters on source of case deposited by 17.92 lakh persons through its e-filing portal.
As one time measure, the government has decided to write off outstanding taxes of 21.54 lakh taxpayers who owe Rs 100 or less.
This was stated by Minister of State for Finance Santosh Kumar Gangwar in a written reply in the Lok Sabha today.
He said that with a view to reducing the administrative burden of maintaining and servicing very low amount of arrears, the government decided to write off the arrears in about 21.54 lakh cases.
"Since only a small amount of Rs 6.4 crore is to be written off under the decision of the government, no significant loss of revenue is caused requiring any arrangement or provision to be made in this regard," he said.
On the other hand, Gangwar said removal of 21.54 lakh cases (16 per cent of all cases) of low-value arrear from the records of the Income Tax Department would have a significant positive impact on the process of arrear collection and management.
"Though the decision to write off arrears up to Rs 100 has no bearing on prevention of tax evasion, the government has separately taken several steps to counter tax evasion and unearth unaccounted money...," the minister added.
In another reply, Gangwar said cases for e-verification of cash deposits made during the demonetisation period (November 9 - December 30, 2016) under 'operation clean money' have been identified by matching the database on tax profiles of persons with the quantum of deposits made by them.
As part of the "initial phase", he said the tax department has sought online response as per pre-defined parameters on source of case deposited by 17.92 lakh persons through its e-filing portal.
New legal framework, pro-buyer move to boost transparency, business in realty: Prashant Solomon
-
Delhi-based developer Prashant Solomon, Managing Director of Chintels India Pvt. Ltd and Treasurer of builders' apex body CREDAI NCR, details what is ailing the real estate industry and how the recent reforms can pull it out of the worst protracted slowdown. Edited excerpts.
Given the turmoil faced by the sector, does 2017 bring hopes of revival to realty?
The constructive and definitive reforms announced in the Union Budget 2017 are likely to usher in an atmosphere of growth and development in the real estate sector. But a revival from sluggish sales, caused by poor buyer mentality, will not happen overnight. Affordable housing has gained the most from this year's budget as it gets infrastructure status and may even trigger the required impetus to pull the real estate sector out of its worst slump in almost a decade. It will also make loans cheaper for developers and give them better access to institutional funding, leading to consolidation in the sector. In 2017, as the deadline to implement the Real Estate (Regulation and Development) Act or RERA draws near for the states, this landmark law will bring unprecedented transparency and accountability requirements on to developers, which in turn will win back dwindling buyer confidence.
The phasing out of the Foreign Investment Promotion Board (FIPB) will also encourage and ensure increased global capital flow into Indian real estate. Owing to changes in its regulatory framework, India will be an attractive destination to both global and Indian investors. Increased consolidation and transparency, and the launch of real estate investment trusts or REITs this year, will further encourage investors and boost the sector. All this is good news. However, we are still waiting for the nod to single window clearance, which will improve the ease of doing business.
Commercial real estate has been buoyant for the past few years. Will it impact the housing segment as well?
That has always been the case. Successful commercial hubs have led to spike in demand for housing in those areas. Currently, preferences for commercial real estate opportunities are undergoing paradigm shifts. These changes will change the demand for housing as well.
Demand for office space reflects economic activity and job catchment areas lead to the demand for residential units. Once office spaces are sold, malls and other retail outlets such as entertainment zones come up in the area. Easy access to shopping areas and entertainment opportunities, and proximity to commercial corridors boost the demand for residential real estate. Good cases in point are the development stories of NCR and Pune.
Demonetisation also impacted real estate. Do you think remonetisation will change the Indian realty market for good?
It is very early to predict how remonetisation will impact the real estate sector. But according to recent industry research, it can be safely assumed that the sector, which was already in turmoil and is now gearing up for compliance with RERA, will face new challenges in terms of rising operating costs and consumption continuing to be rationalised post demonetisation and the subsequent remonetisation drive.
What benefits do you expect from lower interest rates on home loans and the interest subvention of 3 per cent and 4 per cent for loans of up to Rs 12 lakh and Rs 9 lakh, respectively, under the Prime Minister Awas Yojana (PMAY)?
There are several initiatives by the government and the developers to entice buyers back into the residential market. After all, the residential sector makes up 85 per cent of the Indian real estate market. What is very encouraging about PMAY, the government's flagship housing programme for the poor, is that even the middle class may find in it something to cheer about. The government has announced an interest subsidy of 3-4 per cent for first-time affordable housing buyers in 2017. This a game-changing move for the sector. The required change in size for affordable housing, from built-up area of 30 sq. m. and 60 sq. m. to carpet area of 30 sq. m. and 60 sq. m., is a welcome measure, making the houses more spacious. Also, allocation to PMAY Gramin has been raised from Rs 15,000 crore in FY2016-17 to Rs 23,000 crore in FY2017-18.
On the regulatory side, how do you see things shaping up for developers? Is the buyer getting empowered?
Monitoring and governing an industry as massive as real estate is not easy as it affects the interests of many stakeholders; therefore, it needs to be addressed efficiently. RERA is one step towards this and implementing it will give the sector some much-needed transparency. Apart from many amendments to the Bill, there are a few landmark rules that will bring in overall transparency. The latest draft of the Bill also allows buyers with grievances to move consumer courts, and does not position itself as their only legal recourse. So yes, the buyers will be empowered when RERA becomes a law. Stricter rules and possibilities of legal action will deter nefarious developers and it will be another step towards cleansing the environment. RERA, with all its amendments, is a powerful tool to make the unceasingly opaque Indian real estate sector more transparent. Once it becomes a law, buyers will feel more confident to invest in real estate, and this will result in the revival, which everyone has been waiting for.
Real estate market features both end users and investors. Which of them will become more active as prices soften?
In the next few months buyers will continue to dominate the reality sector as any slowdown favours them and gives them the power to negotiate prices. That's how it will be till the interest rates bounce back and the inventory is again in place. When the various measures taken by the government to monitor and organise the real estate sector are in place and get implemented and the market starts promising better returns, investor participation will also witness a spike.
What are the revival and growth strategies for the Chintels Group?
Our strategy is simple. We focus on delivering the projects in hand-both residential and commercial. As for our first group housing project, Chintels Paradiso in Sector 109, Gurgaon, we have already given possession to some of our phase I buyers.
As far as revival goes, I have always said that the real estate industry cannot be viewed in isolation; it is linked to the macroeconomic situation of the country. When India's economy grows, so does Indian real estate. When the economy is sluggish, the real estate sector is sluggish as well. Just like the stock markets, the real estate market is also cyclical in nature and things will improve in time. Having said that, it is absolutely crucial that the government should build the infrastructure required. For instance, the Dwarka Expressway has been accorded national highway status and that will change the market dynamics here.
We should not look at lack of infrastructure as a problem for the real estate sector alone. It also means loss of business and growth opportunities in multiple sectors who are losing out because they are not getting enough opportunities to conduct their businesses.
Delhi-based developer Prashant Solomon, Managing Director of Chintels India Pvt. Ltd and Treasurer of builders' apex body CREDAI NCR, details what is ailing the real estate industry and how the recent reforms can pull it out of the worst protracted slowdown. Edited excerpts.
Given the turmoil faced by the sector, does 2017 bring hopes of revival to realty?
The constructive and definitive reforms announced in the Union Budget 2017 are likely to usher in an atmosphere of growth and development in the real estate sector. But a revival from sluggish sales, caused by poor buyer mentality, will not happen overnight. Affordable housing has gained the most from this year's budget as it gets infrastructure status and may even trigger the required impetus to pull the real estate sector out of its worst slump in almost a decade. It will also make loans cheaper for developers and give them better access to institutional funding, leading to consolidation in the sector. In 2017, as the deadline to implement the Real Estate (Regulation and Development) Act or RERA draws near for the states, this landmark law will bring unprecedented transparency and accountability requirements on to developers, which in turn will win back dwindling buyer confidence.
The constructive and definitive reforms announced in the Union Budget 2017 are likely to usher in an atmosphere of growth and development in the real estate sector. But a revival from sluggish sales, caused by poor buyer mentality, will not happen overnight. Affordable housing has gained the most from this year's budget as it gets infrastructure status and may even trigger the required impetus to pull the real estate sector out of its worst slump in almost a decade. It will also make loans cheaper for developers and give them better access to institutional funding, leading to consolidation in the sector. In 2017, as the deadline to implement the Real Estate (Regulation and Development) Act or RERA draws near for the states, this landmark law will bring unprecedented transparency and accountability requirements on to developers, which in turn will win back dwindling buyer confidence.
The phasing out of the Foreign Investment Promotion Board (FIPB) will also encourage and ensure increased global capital flow into Indian real estate. Owing to changes in its regulatory framework, India will be an attractive destination to both global and Indian investors. Increased consolidation and transparency, and the launch of real estate investment trusts or REITs this year, will further encourage investors and boost the sector. All this is good news. However, we are still waiting for the nod to single window clearance, which will improve the ease of doing business.
Commercial real estate has been buoyant for the past few years. Will it impact the housing segment as well?
That has always been the case. Successful commercial hubs have led to spike in demand for housing in those areas. Currently, preferences for commercial real estate opportunities are undergoing paradigm shifts. These changes will change the demand for housing as well.
Commercial real estate has been buoyant for the past few years. Will it impact the housing segment as well?
That has always been the case. Successful commercial hubs have led to spike in demand for housing in those areas. Currently, preferences for commercial real estate opportunities are undergoing paradigm shifts. These changes will change the demand for housing as well.
Demand for office space reflects economic activity and job catchment areas lead to the demand for residential units. Once office spaces are sold, malls and other retail outlets such as entertainment zones come up in the area. Easy access to shopping areas and entertainment opportunities, and proximity to commercial corridors boost the demand for residential real estate. Good cases in point are the development stories of NCR and Pune.
Demonetisation also impacted real estate. Do you think remonetisation will change the Indian realty market for good?
It is very early to predict how remonetisation will impact the real estate sector. But according to recent industry research, it can be safely assumed that the sector, which was already in turmoil and is now gearing up for compliance with RERA, will face new challenges in terms of rising operating costs and consumption continuing to be rationalised post demonetisation and the subsequent remonetisation drive.
What benefits do you expect from lower interest rates on home loans and the interest subvention of 3 per cent and 4 per cent for loans of up to Rs 12 lakh and Rs 9 lakh, respectively, under the Prime Minister Awas Yojana (PMAY)?
There are several initiatives by the government and the developers to entice buyers back into the residential market. After all, the residential sector makes up 85 per cent of the Indian real estate market. What is very encouraging about PMAY, the government's flagship housing programme for the poor, is that even the middle class may find in it something to cheer about. The government has announced an interest subsidy of 3-4 per cent for first-time affordable housing buyers in 2017. This a game-changing move for the sector. The required change in size for affordable housing, from built-up area of 30 sq. m. and 60 sq. m. to carpet area of 30 sq. m. and 60 sq. m., is a welcome measure, making the houses more spacious. Also, allocation to PMAY Gramin has been raised from Rs 15,000 crore in FY2016-17 to Rs 23,000 crore in FY2017-18.
It is very early to predict how remonetisation will impact the real estate sector. But according to recent industry research, it can be safely assumed that the sector, which was already in turmoil and is now gearing up for compliance with RERA, will face new challenges in terms of rising operating costs and consumption continuing to be rationalised post demonetisation and the subsequent remonetisation drive.
What benefits do you expect from lower interest rates on home loans and the interest subvention of 3 per cent and 4 per cent for loans of up to Rs 12 lakh and Rs 9 lakh, respectively, under the Prime Minister Awas Yojana (PMAY)?
There are several initiatives by the government and the developers to entice buyers back into the residential market. After all, the residential sector makes up 85 per cent of the Indian real estate market. What is very encouraging about PMAY, the government's flagship housing programme for the poor, is that even the middle class may find in it something to cheer about. The government has announced an interest subsidy of 3-4 per cent for first-time affordable housing buyers in 2017. This a game-changing move for the sector. The required change in size for affordable housing, from built-up area of 30 sq. m. and 60 sq. m. to carpet area of 30 sq. m. and 60 sq. m., is a welcome measure, making the houses more spacious. Also, allocation to PMAY Gramin has been raised from Rs 15,000 crore in FY2016-17 to Rs 23,000 crore in FY2017-18.
On the regulatory side, how do you see things shaping up for developers? Is the buyer getting empowered?
Monitoring and governing an industry as massive as real estate is not easy as it affects the interests of many stakeholders; therefore, it needs to be addressed efficiently. RERA is one step towards this and implementing it will give the sector some much-needed transparency. Apart from many amendments to the Bill, there are a few landmark rules that will bring in overall transparency. The latest draft of the Bill also allows buyers with grievances to move consumer courts, and does not position itself as their only legal recourse. So yes, the buyers will be empowered when RERA becomes a law. Stricter rules and possibilities of legal action will deter nefarious developers and it will be another step towards cleansing the environment. RERA, with all its amendments, is a powerful tool to make the unceasingly opaque Indian real estate sector more transparent. Once it becomes a law, buyers will feel more confident to invest in real estate, and this will result in the revival, which everyone has been waiting for.
Monitoring and governing an industry as massive as real estate is not easy as it affects the interests of many stakeholders; therefore, it needs to be addressed efficiently. RERA is one step towards this and implementing it will give the sector some much-needed transparency. Apart from many amendments to the Bill, there are a few landmark rules that will bring in overall transparency. The latest draft of the Bill also allows buyers with grievances to move consumer courts, and does not position itself as their only legal recourse. So yes, the buyers will be empowered when RERA becomes a law. Stricter rules and possibilities of legal action will deter nefarious developers and it will be another step towards cleansing the environment. RERA, with all its amendments, is a powerful tool to make the unceasingly opaque Indian real estate sector more transparent. Once it becomes a law, buyers will feel more confident to invest in real estate, and this will result in the revival, which everyone has been waiting for.
Real estate market features both end users and investors. Which of them will become more active as prices soften?
In the next few months buyers will continue to dominate the reality sector as any slowdown favours them and gives them the power to negotiate prices. That's how it will be till the interest rates bounce back and the inventory is again in place. When the various measures taken by the government to monitor and organise the real estate sector are in place and get implemented and the market starts promising better returns, investor participation will also witness a spike.
In the next few months buyers will continue to dominate the reality sector as any slowdown favours them and gives them the power to negotiate prices. That's how it will be till the interest rates bounce back and the inventory is again in place. When the various measures taken by the government to monitor and organise the real estate sector are in place and get implemented and the market starts promising better returns, investor participation will also witness a spike.
What are the revival and growth strategies for the Chintels Group?
Our strategy is simple. We focus on delivering the projects in hand-both residential and commercial. As for our first group housing project, Chintels Paradiso in Sector 109, Gurgaon, we have already given possession to some of our phase I buyers.
Our strategy is simple. We focus on delivering the projects in hand-both residential and commercial. As for our first group housing project, Chintels Paradiso in Sector 109, Gurgaon, we have already given possession to some of our phase I buyers.
As far as revival goes, I have always said that the real estate industry cannot be viewed in isolation; it is linked to the macroeconomic situation of the country. When India's economy grows, so does Indian real estate. When the economy is sluggish, the real estate sector is sluggish as well. Just like the stock markets, the real estate market is also cyclical in nature and things will improve in time. Having said that, it is absolutely crucial that the government should build the infrastructure required. For instance, the Dwarka Expressway has been accorded national highway status and that will change the market dynamics here.
We should not look at lack of infrastructure as a problem for the real estate sector alone. It also means loss of business and growth opportunities in multiple sectors who are losing out because they are not getting enough opportunities to conduct their businesses.
General Awareness
Nicknames Of Indian Cities
-
Nicknames are formulated for cities to showcase the cities uniqueness or Strength or Distinction among other cities. So Indian cities also have been distinguished from other cities with their nick names. So here is the complete list of nicknames of Indian cities, which are tabulated State-wise with respect to memorizing easily and also for the benefit of aspirants appearing for various competitive exams.
S.No City Name Nick Names
1 Hyderabad-Secunderabad (Telangana) Twin City
2 Hyderabad (Telangana) City of Nizams, City of Pearls, Bangle City, Hitech City
3 Tenali (Andhra Pradesh) Andhra Paris
4 Guntur (Andhra Pradesh) City of Chillies, City of Spices
5 Bhimavaram (Andhra Pradesh) Secon Bardoli of India
6 Rajahmundry (Andhra Pradesh) Cultural City
7 Kakinada (Andhra Pradesh) Fertilizer City, Pensioner’s Paradise, Second Madras
8 Vijayawada (Andhra Pradesh) Place of Victory, Land of Victory
9 Amritsar (Punjab) Golden City
10 Patiala (Punjab) Royal City
11 Muzzaffarpur (Bihar) Lychee City
12 Ahmedabad (Gujarat) Manchester of India, Boston of India
13 Palanpur (Gujarat) City of Diamonds, Flower City
14 Surat (Gujarat) Diamond City
15 Bardoli (Gujarat) Butter City
16 Bhopal (Madhya Pradesh) City of Lakes
17 Mundi (Madhya Pradesh) Power Hub City
18 Srinagar (Jammu & Kashmir) City of Rivers
19 Panipat (Haryana) City of Weavers, Eco-City
20 Gurgaon (Haryana) Millennium City
21 Allahabad or Prayag (Uttar Pradesh) Abode of the God, Sangam City, City of Prime Ministers
22 Agra (Uttar Pradesh) Taj Nagari, Petha Nagari
23 Varanasi or Benares or Banaras or Kashi (Uttar Pradesh) City of Temples, Holy City, Religious Capital of India
24 Kanpur (Uttar Pradesh) Leather City, Manchester of the East
25 Meerut (Uttar Pradesh) Sports Capital of india, Scissor City
26 Lucknow (Uttar Pradesh) City of Nawabs, City of Marbels, City of Elephants
27 Mysore (Karnataka) Sandal Wood City
28 Coorg (Karnataka) Scotland of India
29 Auroville (Pondicherry) City of Dawn
30 Jamshedpur (Jharkhand) Steel city, Pittsburg of India
31 Dhanbad (Jharkhand) Coal Capital of India
32 Udaipur (Rajasthan) Lake City, White City, Venice of the East
33 Jaipur (Rajasthan) Pink City, City of Palaces, Paris of India
34 Jodhpur (Rajasthan) Sun City, Blue City
35 Jaisalmer (Rajasthan) Golden City
36 Tezpur (Assam) City of Blood
37 Bhuvaneshwar (Orissa) Temple City
38 Cuttack (Orissa) Silver City
39 Yavatmal (Maharashtra) Cotton City
40 Mumbai (Maharashtra) City of Seven Islands, Gateway of India, Hollywood of India, City of Dreams
41 Thane (Maharashtra) City of Lakes
42 Nasik (Maharashtra) Grape City, Wine Capital
43 Pune (Maharshtra) Deccan Queen
44 Nagpur (Maharashtra) City of Orange
45 Kolhapur (Maharashtra) City of Wrestlers
46 Ichalkaranji (Maharashtra) Manchester of Maharashtra
47 Bengaluru or Bangalore (Karnataka) Garden City, Electronic City, Silicon Valley, Space City, Pensioners Paradise
48 Yercaud (Tamil Nadu) Poor Man’s Ooty
49 Vaniyambadi (Tamil Nadu) Leather City of South India
50 Salem (Tamil Nadu) Mango City
51 Namakkal (Tamil Nadu) Egg City
52 Tiruchirappali or Trichy (Tamil Nadu) Rock Fort City, Energy Equipment & Fabrication Capital of India
53 Nilgris (Tamil Nadu) Blue Mountains
54 Chennai (Tamil Nadu) Gateway of South India, Detroit of Asia or India, Motor city of India, Banking capital of India, Autohub of India
55 Madurai (Tamil Nadu) City of Festivals, Temple City, Sleepless City
56 Coimbatore (Tamil Nadu) Manchester of the South, Textile city of India, Capital of Kongu Nadu, Engineering City of India
57 Tuticorin (Tamil Nadu) Pearl City, Pearl Harbor of India
58 Rishikesh (Uttarkand) City of Sages, Yoga City
59 Nainital (Uttarkhand) City of Lakes
60 Mussorie (Uttarakhand) Hill Queen City
61 Kollam (Kerala) Cashew Capital of the World, Prince of Arabian Sea
62 Alappuzha (Kerala) Venice of the East
63 Trivandrum (Kerala) City of Statues
64 Kochi or Cochin (Kerala) Queen of Arabian Sea, Garden of Spices
65 Kolkatta (West Bengal) City of Castles, City of Buildings
66 Asansol (West Bengal) Land of Black Diamonds
67 Darjeeling (West Bengal) The Queen of the Hills
68 Durgapur (West Bengal) Ruhr of India
69 Malda (West Bengal) Mango City
70 Siliguri (West Bengal) Gateway of North East India, City of Hospitality
71 Itanagar (Arunachal Pradesh) Land of Rising Sun
72 Dispur (Assam) (A locality in the Guwahati city, which is capital of Assam) City of Temples
73 Guwahati (Assam) City of Eastern Astrology, City of Temples, Gateway of North East India
74 Shillong (Meghalaya) Scotland of the East
75 New Delhi (NCR-National Capital Region) City of Rallies
76 Noida (NCR) IT Capital of NCR
Nicknames are formulated for cities to showcase the cities uniqueness or Strength or Distinction among other cities. So Indian cities also have been distinguished from other cities with their nick names. So here is the complete list of nicknames of Indian cities, which are tabulated State-wise with respect to memorizing easily and also for the benefit of aspirants appearing for various competitive exams.
S.No | City Name | Nick Names |
1 | Hyderabad-Secunderabad (Telangana) | Twin City |
2 | Hyderabad (Telangana) | City of Nizams, City of Pearls, Bangle City, Hitech City |
3 | Tenali (Andhra Pradesh) | Andhra Paris |
4 | Guntur (Andhra Pradesh) | City of Chillies, City of Spices |
5 | Bhimavaram (Andhra Pradesh) | Secon Bardoli of India |
6 | Rajahmundry (Andhra Pradesh) | Cultural City |
7 | Kakinada (Andhra Pradesh) | Fertilizer City, Pensioner’s Paradise, Second Madras |
8 | Vijayawada (Andhra Pradesh) | Place of Victory, Land of Victory |
9 | Amritsar (Punjab) | Golden City |
10 | Patiala (Punjab) | Royal City |
11 | Muzzaffarpur (Bihar) | Lychee City |
12 | Ahmedabad (Gujarat) | Manchester of India, Boston of India |
13 | Palanpur (Gujarat) | City of Diamonds, Flower City |
14 | Surat (Gujarat) | Diamond City |
15 | Bardoli (Gujarat) | Butter City |
16 | Bhopal (Madhya Pradesh) | City of Lakes |
17 | Mundi (Madhya Pradesh) | Power Hub City |
18 | Srinagar (Jammu & Kashmir) | City of Rivers |
19 | Panipat (Haryana) | City of Weavers, Eco-City |
20 | Gurgaon (Haryana) | Millennium City |
21 | Allahabad or Prayag (Uttar Pradesh) | Abode of the God, Sangam City, City of Prime Ministers |
22 | Agra (Uttar Pradesh) | Taj Nagari, Petha Nagari |
23 | Varanasi or Benares or Banaras or Kashi (Uttar Pradesh) | City of Temples, Holy City, Religious Capital of India |
24 | Kanpur (Uttar Pradesh) | Leather City, Manchester of the East |
25 | Meerut (Uttar Pradesh) | Sports Capital of india, Scissor City |
26 | Lucknow (Uttar Pradesh) | City of Nawabs, City of Marbels, City of Elephants |
27 | Mysore (Karnataka) | Sandal Wood City |
28 | Coorg (Karnataka) | Scotland of India |
29 | Auroville (Pondicherry) | City of Dawn |
30 | Jamshedpur (Jharkhand) | Steel city, Pittsburg of India |
31 | Dhanbad (Jharkhand) | Coal Capital of India |
32 | Udaipur (Rajasthan) | Lake City, White City, Venice of the East |
33 | Jaipur (Rajasthan) | Pink City, City of Palaces, Paris of India |
34 | Jodhpur (Rajasthan) | Sun City, Blue City |
35 | Jaisalmer (Rajasthan) | Golden City |
36 | Tezpur (Assam) | City of Blood |
37 | Bhuvaneshwar (Orissa) | Temple City |
38 | Cuttack (Orissa) | Silver City |
39 | Yavatmal (Maharashtra) | Cotton City |
40 | Mumbai (Maharashtra) | City of Seven Islands, Gateway of India, Hollywood of India, City of Dreams |
41 | Thane (Maharashtra) | City of Lakes |
42 | Nasik (Maharashtra) | Grape City, Wine Capital |
43 | Pune (Maharshtra) | Deccan Queen |
44 | Nagpur (Maharashtra) | City of Orange |
45 | Kolhapur (Maharashtra) | City of Wrestlers |
46 | Ichalkaranji (Maharashtra) | Manchester of Maharashtra |
47 | Bengaluru or Bangalore (Karnataka) | Garden City, Electronic City, Silicon Valley, Space City, Pensioners Paradise |
48 | Yercaud (Tamil Nadu) | Poor Man’s Ooty |
49 | Vaniyambadi (Tamil Nadu) | Leather City of South India |
50 | Salem (Tamil Nadu) | Mango City |
51 | Namakkal (Tamil Nadu) | Egg City |
52 | Tiruchirappali or Trichy (Tamil Nadu) | Rock Fort City, Energy Equipment & Fabrication Capital of India |
53 | Nilgris (Tamil Nadu) | Blue Mountains |
54 | Chennai (Tamil Nadu) | Gateway of South India, Detroit of Asia or India, Motor city of India, Banking capital of India, Autohub of India |
55 | Madurai (Tamil Nadu) | City of Festivals, Temple City, Sleepless City |
56 | Coimbatore (Tamil Nadu) | Manchester of the South, Textile city of India, Capital of Kongu Nadu, Engineering City of India |
57 | Tuticorin (Tamil Nadu) | Pearl City, Pearl Harbor of India |
58 | Rishikesh (Uttarkand) | City of Sages, Yoga City |
59 | Nainital (Uttarkhand) | City of Lakes |
60 | Mussorie (Uttarakhand) | Hill Queen City |
61 | Kollam (Kerala) | Cashew Capital of the World, Prince of Arabian Sea |
62 | Alappuzha (Kerala) | Venice of the East |
63 | Trivandrum (Kerala) | City of Statues |
64 | Kochi or Cochin (Kerala) | Queen of Arabian Sea, Garden of Spices |
65 | Kolkatta (West Bengal) | City of Castles, City of Buildings |
66 | Asansol (West Bengal) | Land of Black Diamonds |
67 | Darjeeling (West Bengal) | The Queen of the Hills |
68 | Durgapur (West Bengal) | Ruhr of India |
69 | Malda (West Bengal) | Mango City |
70 | Siliguri (West Bengal) | Gateway of North East India, City of Hospitality |
71 | Itanagar (Arunachal Pradesh) | Land of Rising Sun |
72 | Dispur (Assam) (A locality in the Guwahati city, which is capital of Assam) | City of Temples |
73 | Guwahati (Assam) | City of Eastern Astrology, City of Temples, Gateway of North East India |
74 | Shillong (Meghalaya) | Scotland of the East |
75 | New Delhi (NCR-National Capital Region) | City of Rallies |
76 | Noida (NCR) | IT Capital of NCR |
No comments:
Post a Comment