www.thehansindia.com WARANGAL FRIDAY 29 JUNE 2018 PAGES 20 `5.00 Forecast: Showers early. Broken clouds Temp: Max.33°C. Min.24°C. Humidity: 14% Sunrise: 05:39 Sunset: 06:50 H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H WINDOWS New Delhi: A day ahead of the scheduled arrival, the Southwest Monsoon hit Delhi on Thursday, said the Indian Meteorological Department (IMD). In the next 2-3 days, it would cover the entire country, IMD Additional Director General Mritunjay Mohapatra said, implying that the monsoon could cover the rest of the nation well before its scheduled date. The Met Department said the normal onset date for monsoon in Delhi is June 29 while it usually reaches Sriganganagar in west Rajasthan, its last outpost in the country, on July 15. Rupee hits all-time low of 69.09 Mumbai: The rupee fell past 69 to the dollar for the first time ever on Thursday and hit an intraday low of 69.09, as crude prices continued their week-long rise, and amid concerns of higher inflation and current account deficit. At 11.11 pm, the rupee was trading at 68.88, 0.4 per cent weaker than its previous close. On Wednesday, it ended at 68.63, its worst ever closing price vis-à-vis the US dollar since August 28, 2013, when it hit a record closing low of 68.82. Awfis expands coworking space Hyderabad: Awfis, a three-year-old startup providing co-working space in India, announced on Thursday to expand its footprint in Hyderabad with two more upcoming centres. At present, the startup has 2,000 seats leased out to office spaces at Taj Deccan, Gachibowli and two in Hitech city. Adding on further, it’s coming up with 1,000 seats on 40,000 sft at Hitech city and 2,000 seats on 1 lakh sft at Raidurg, bringing its total count of seats in the city to 5,000. The two upcoming co-working space facilities are established under the management operator model for which it has taken rights from Sandhya Techno to exclusively market and represent the floors to clients on conventional lease model. S P9 I eatures editor of The Hans India Rajeshwari Kalyanam bagged the Best Journalist Award constituted by Saripalli Kondala Rao Foundation here on Wednesday. She is one among the 10 eminent personalities who received the award. ndia has asked its oil firms to prepare a blueprint of alternatives sources as it considers acquiescing to US President Donald Trump's demands for ending oil imports from Iran by November 4, government and industry officials said on Thursday. P3 P9 KCR vows to offer prayers as CM again OUR BUREAU Vijayawada: Bonhomie and lighthearted banter dominated Telangana Chief Minister K Chandrasekhar Rao’s visit to Vijayawada where he offered a diamond nose stud to the presiding deity Goddess Kanaka Durga atop Indrakeeladri hillock. By donating the ornament, KCR has redeemed his vow for creation of Telangana state. Before leaving, Vijayawada, KCR said he would return to Vijayawada again as Chief ‘If you don’t, we will’ n AP tells Centre to decide by June 30 on Kadapa steel plant OUR BUREAU Kadapa/New Delhi: The AP government has made it clear to the Centre that if the latter does not come forward to set up the steel plant in Kadapa, it would go ahead and do it on its own, even as the health condition of Telugu Desam Rajya Sabha member CM Ramesh, whose fast entered ninth day on Thursday, deteriorated further. The state government is contemplating to wait till June 30 for a categorical announcement from the Centre on setting up of the steel plant which means that Ramesh would continue his fast till then. Though his condition is causing concern, Ramesh is refusing to be shifted to the hospital. Continued on Page 4 Telangana CM KCR and his family members at Kanakadurga temple in Vijayawada to offer the nose stud to the Goddess on Photo: Y Vinay Kumar Thursday. Minister to offer prayers to the Goddess, hinting that he did not foresee any difficulty in his re-election. There was no bitterness or rancor any longer during his visit to Vijayawada which used to characterised the relations between TDP and TRS before the division of the state. From the moment he touched down at Gannavaram Airport along with his family in a special aircraft, KCR, with his characteristic savoirfaire drove through the city, inquiring about the development that was taking place in Vijayawada and else- where. The Telangana Chief Minister felt very happy that after he donated the diamond nose stud in whose preparation he had shown much personal interest, the priests had decorated it to the deity in his presence amidst chanting of Vedic hymns. He wanted to speak to his AP counterpart Chandrababu Naidu to thank him but when he was told that he was away in Srikakulam, for inauguration of Eruvaka programme, he decided to speak to him after his return to Hyderabad in the evening. Continued on Page 4 INDIAN MONEY IN SWISS BANKS RISE 50% TO `7K CR Zurich/New Delhi: Money parked by Indians in Swiss banks rose over 50 per cent to Rs 7,000 crore (CHF 1.01 billion) in 2017, reversing a threeyear downward trend amid India's clampdown on suspected black money stashed there. In comparison, the total funds held by all foreign clients of Swiss banks rose about 3 per cent to Rs 100 lakh crore (CHF 1.46 trillion) in 2017, according to the official annual data released on Thursday by Swiss National Bank (SNB), the central banking authority of the Alpine nation. The surge in Indian money held with Swiss banks comes as a surprise given India's continuing clampdown on suspected black money stashed abroad, including in banks of Switzerland that used to be known for their HIGHLIGHTS Delhi celebrates monsoon arrival US threat: India to cut oil imports from Iran F A family gets caught in sudden rains, in New Delhi on Thursday THI’s Rajeshwari Kalyanam bags Best Journalist Award y The money of Indians in Swiss banks had fallen by 45 per cent in 2016 y The rise in Indian money held with Swiss banks comes as a surprise given India's continuing clampdown on black money stashed abroad y Figures do not include money that Indians, NRIs or others might have in Swiss banks in the names of entities from different countries famed secrecy walls for years. The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to Rs 4,500 crore (CHF 676 million) -- the lowest ever since the European nation began making the data public in 1987. According to the SNB data, the total funds held by Indians directly with Swiss banks rose to Rs 6,891 crore (999 million Swiss Franc) in 2017, while the same held through ﬁduciaries or wealth managers increased to Rs 112 crore (CHF 16.2 million). These ﬁgures stood at CHF 664.8 million and CHF 11 million, respectively, at the end of 2016. As per the latest data, the Indian money in Swiss banks included Rs 3,200 crore (CHF 464 million) in the form of customer deposits, Rs 1,050 crore (CHF 152 million) through other banks and Rs 2,640 crore (CHF 383 million) as 'other liabilities' such as securities at the end of 2017. Continued on Page 4 Ailing techie jumps to death from 11th floor OUR BUREAU Hyderabad: Dogged with health problems, a 28-yearold woman working for a software company committed suicide by jumping from 11th ﬂoor of the office building under Madhapur police station limits on Thursday. Excruciating pain post caesarean operation, reportedly, pushed her into depression leading to suicide. According to police, M Shravani, working for Primera Medical Technologies Pvt Ltd situated in Melange towers in Patrika Nagar jumped from the 11th ﬂoor of her office building during morning hours. The visuals of her going up with the help of a lift and use of a plastic stool to climb on to the parapet wall were recorded on the CCTV of the building. Shravani, who was a resident of Madinaguda and native of Chittoor district, married Ramakrishna about oneand-a-half year ago. However, she has been facing medical-related problems ever since she had undergone caesarean operation while giving birth to a baby boy about 4 months back. Continued on Page 4 Apple, Samsung end patent war Modi remembers PV on birth anniv San Francisco: Apple and Samsung settled a seven-year legal ﬁght on Wednesday, ending the most prominent case in a series of lawsuits over smartphone patents over the last decade. The companies did not disclose the settlement amount. A jury in May ordered Samsung to pay Apple $539 million for infringing on its patents. Apple ﬁrst sued Samsung in 2011 for copying the design of the iPhone, kicking off a winding trail of countersuits, trials and appeals, including a stop at the Supreme Court in 2016. Apple initially sought to block Samsung phones from the market, but the technology at dispute has long been outdated, and the ﬁght has since largely been about money. Apple at one point sought more than $2 New Delhi: Prime Minister Narendra Modi on Thursday remembered his predecessor PV Narasimha Rao on the Congress leader’s birth anniversary. However, it was not until two hours of Modi’s tweet that the official Twitter handle of the Congress tweeted out a tribute to Rao, who was Prime Minister from 1991 to 1996. Congress president Rahul Gandhi had not tweeted a tribute till the time this story was published. “Remembering our former PM Shri PV Narasimha Rao on his birth anniversary. Shri Rao is widely respected as a statesman who provided valuable leadership during a critical period of India’s history. Blessed with immense wisdom, he made a mark as a distinguished scholar as well,” Modi tweeted on Thursday morning. Two hours after Modi’s tweet, billion, while Samsung had argued it owed just $28 million. With two of global industry’s biggest players ﬁghting over one of history’s most successful products, the case was one of the most closely watched legal ﬁghts in modern business. “And if I had to characterize it, it didn’t really accomplish anything,” said Brian J Love, a Santa Clara University law professor who tracked the case. “Close to a decade of litigation, hundreds of millions of dollars spent on lawyers, and at the end of the day, no products went off the market.” Apple won on paper, but it failed in its goal to gain a competitive advantage over Samsung and other phone makers in its series of lawsuits against them, said Mr. Love and Michael A. Carrier, a professor at Rutgers Law School who studies patent law. After years of legal fees and countless hours of its executives’ time, Apple walked away with negligible proﬁts on the cases, particularly in the context of its $267 billion cash pile. Apple still earns most of the smartphone industry’s proﬁts, but Samsung and other handset makers have kept up the pressure with strong market share and innovative products. NO TWEET FROM RAHUL the Congress twitter handle @INCIndia tweeted, “We remember PV Narasimha Rao, India’s 9th Prime Minister, on his birth anniversary today. We remember PV Narasimha Rao, India’s 9th Prime Minister, on his birth anniversary today. He was referred to as Chanakya for his ability to steer tough economic & political legislation through the parliament at a time when he headed a minority Govt.” Congress chief spokesperson Randeep Surjewala also tweeted, “Remembering Former Prime Minister PV Narasimha Rao ji on his birth anniversary today. His immense contribution in steering the economy through a critical juncture by enacting reforms is an inspiration to all.” Among other leaders who tweeted for the former PM were the official handle of the Telangana CM KC Rao, who’s office said, “Hon’ble CM Sri KCR paid rich tributes to former Prime Minister Late Sri P.V. Narasimha Rao on his birth anniversary. CM said that people will remember forever and ever the great services rendered by Sri P.V. Narasimha Rao to the Nation.” Telangana to have over 71 new municipalities OUR BUREAU Hyderabad: Telangana is going to have over 71 new municipalities soon. With the term of most of the gram panchayats coming to an end on July 31, the government has decided to merge villages on the basis of various parameters to create new municipalities to ensure speedy development. According to officials in Commissioner and Directorate of Municipal Administration, the state government had taken a decision to convert gram panchayats and nagarpanchayats The state government has decided to convert gram panchayats and nagarpanchayats with a population of over 15,000 into a municipality. As per the ‘Samagra Kutumba Survey”, 46 per cent of the population lives in urban areas. There are 300 major gram panchayats, out of which close to 50 have features to be upgraded as urban local bodies. Similarly, about 170 villages are to be merged with the nearby ULBs with population of over 15,000 into a municipality. As per the ‘Samagra Kutumba Survey” taken up by the state government, 46 per cent of the population live in urban areas. The officials said that there are 300 major gram panchayats in the state. Out of which, close to 50 have features to be upgraded as urban local bodies (ULBs). Similarly, about 170 villages are to be merged with the nearby ULBs. A senior official in MAUD, said that as per the 14th Finance Commission, the municipalities would be getting more grants in future. More the number of municipalities in the state more funds in the form of grants the local bodies get, the official said. With government deciding to merge villages into the nearby municipalities, the number of urban local bodies is slated cross 125 in the state. The official said that the number of municipalities would be increasing in and around Hyderabad with the merger of villages into the adjacent municipalities. There would be close to 25 new municipalities taking shape beyond the Outer Ring Road (ORR). The major gram panchayats like Bollaram, Turkayamjal, Tellapur, Puppalaguda and others have chances to become municipalities, the official said. As per the Municipal Act, the gram panchayats would have to adopt a resolution requesting the government to upgrade their body as municipality. However, there is also a provision in the Act that the government can upgrade gram panchayat or nagar panchayat into municipality after the term of the respective GPs come to an end. On the question of increasing taxes, the official said that to clear the doubts of the panchayats, the government had already promised that there would be no levy of taxes in the first couple of years.
thehansindia.com is a news portal which strives to keep you hooked on to news-as it happens. Our team aims to keep you abreast with whatever is making headlines across the world including politics, business, sports, lifestyle and entertainment. thehansindia.com is a part of The Hans India, an English Daily published across Telangana and Andhra Pradesh. The newspaper was launched in 2011 and publishes editions from Hyderabad, Visakhapatnam, Amaravati, Rajahmundry, Khammam, Kurnool, Nizamabad, Tirupati and Warangal simultaneously, the newspaper is on its way to becoming the leading English Newspaper in Telangana and Andhra Pradesh. We are soon going national too. The Newspaper is owned and operated by Hyderabad Media House Ltd, which also runs the Telugu-language news channel, HMTV. In a nutshell, we closely highlight socio-economic development of India in general and the two Telugu states in particular.