The Word Edition 3 Page 1_Layout 1 2/12/2018 12:12 PM Page 1 Volume No 18 Issue No 3 February 09, 2018 LAB JOURNAL OF THE ASIAN COLLEGE OF JOURNALISM Are crèches in Skepticism about First Drag Show office a reality? Smarak Abhiyan in Chennai Page 2 Page 3 Page 4 Sensex dips with global crash Dearth of doctors dary care hospital, which does not have SIDHARTH YADAV FIIs. However, they could invest in an VIGNESSH a college attached to it, forensic doctors emerging market like India as interest Chennai: The absence of a forensic doc - cannot be employed here. But the go - Chennai: The Sensex went into a tailspin rates shoot up in the US.” tor at the Government Hospital at vernment can increase the number of on February 6 plunging by 1,275 points Suresh Babu M, Associate Professor at Chrompet here, is forcing doctors at the doctors and reduce our load," he said. and the NSE Nifty by 390 points leaving IIT Madras, said “On the macroeconomic casualty department to conduct autop - Two post-mortem assistants at the investors jittery. front we don’t need to worry much as sies, leaving patients to wait. hospital, working day shifts, are also in However, the crash was seen as a tem - Sensex is just one of the indicators.” Though the Tamil Nadu Government charge of the mortuary. An assistant, porary event that would not affect long a rub-on effect on the domestic market.” kout,” said Prince Mathews Thomas, Cor - “The Chief Economic Advisor Arvind had scrapped the 24-hour shift for doc - who has been working for 30 years at term investors. The Dow Jones Industrial Average porate Bureau Chief, Moneycontrol. “If Subraminuim had already warned the re - tors a year ago, a doctor, who did not the hospital, said that they would help While most observers blamed it on fears (DJIA) of the Wall Street took its steepest the plunge was closer to 5 per cent, it tail investors that the present levels might want to be named, said that eight doctors the doctors in carrying out autopsy. that the US Federal Bank might raise in - dip sinking by 1,175 points on February 5 would have been a discouragement.” not be sustainable and markets would go at the casualty department were working "As they [doctors] have little expe - terest rates others linked it to some initia - sending ripples across the Japanese, the “Polls are due in five States this year, for a correction. Unless we get signals for 24 hours once a week. rience in conducting post-mortems, we tives in the Union Budget presented by Australian and Indian markets, he added. and the Bharatiya Janata Party (BJP) lost from the global market we would not re - "There will be only one doctor at ca - would dissect the body. Then, no one Finance Minister Arun Jaitley on Fe - Harsha Subramanian, Executive Pro - the Rajasthan by-elections in three cons - cover,” he added. sualty to attend to inpatients. Others will will watch over the mortuary," he said. bruary 1. ducer at Bloomberg said the US economy tituencies earlier in January. If the BJP On February 7, the Reserve Bank of be either on leave or attending to outpa - However, the Chief Medical Officer Stock market analysts urged investors was growing faster than anticipated. This loses more that might put investors on a India (RBI) kept the repo rate, the interest tients. The doctor on duty will also have (CMO) of the hospital rubbished the not to dump their shares to minimize their meant an interest rate hike was probable. back foot,” said Thomas. rate at which it lends to other banks, un - to conduct three post-mortem examina - claims. She said that there would be no loss and suggested that investors look at However, Business Line Deputy Editor However, some investors are seeing changed at six per cent for the third time tions, on an average every day. The delay in providing treatment. long term plans. K S Badrinarayanan believes the reintro - this as an opportunity to buy stake in lar - in a row. number sometimes goes up to five or "We have doctors at full strength in "Investors should hold on to their duction of a 10 per cent tax on long term ger stocks, now dwindling in value. Many expected a rise to rein back in - six," he said. "While we conduct post- all the departments. Sometimes the con - stocks; they should not panic and sell-off. capital gains (LTCG) to close the wide - “Many buyers are asking which stocks flation and adjust to the expected increase mortems, which usually take at least duction of autopsies will be delayed due Even after today's crash, markets are ning fiscal deficit could be a reason. to invest in. They are optimistic and might in the Minimum Support Prices (MSP) half-an-hour, orthopaedicians or paedia - to delay in police requisition, which down to where they were in December," “The investors are upset. They are has - take the risk,” said Badrinarayanan. announced on the Budget day. tricians attend to the inpatients. If they usually takes time," she said. Surya Bhatia, a financial planner, told The tily cashing in on the gains already Foreign Institution Investment would “No one was expecting a rate cut. Mar - have other work, patients have to wait." The CMO added that doctors on 24- Economic Times. made,” he said. not be affected. Most foreign buyers were kets were already factoring in a possible The doctor added that the government hour shifts would be free to attend to pa - Anand Kalyanaraman, Chief Research Has the crash discouraged investors? long term investors, he added. status quo. However, rise in the rates is should appoint more doctors to the ca - tients after 5 p.m. as autopsies were not Analyst, Business Line, said “There is a “Domestic investors are not spooked at Subramanian concurred saying, “There due and it remains to be seen when it sualty department. "As this is a secon - conducted beyond that time. sell-off in global equities which is having the moment, but they will be on the loo - is no immediate impact of the crash on the would happen,” said Subramaniam. Govt extends date for 2-wheeler Scheme Vehicles manufactured on or before January 1, 2018 come under the Plan SHRUTI AGRAWAL A government official from the vehicle and submission of the proof the Amma scheme. The benefits of Eligibility Criteria Chennai Corporation said "Up till of registration, adds Mageswari the scheme can be availed from Feb Chennai: The deadline for now, we have 2,101 applications. RaviKumar. 24. •R esident of Tamil Nadu applying for the subsidy Rs 25,000 We are the Government's extended M. Raghu. Manager, Hero According to the Scheme, the •Age- 18 to 40 years for buying scooters under the arm. Scrutinising, and analysing Honda, Adyar, said " Around 400 annual income of the beneficiary •Annual income less than Amma Two-wheeler Scheme has the forms is all we do." women have collected the should not exceed Rs. 2,50,000. Rs. 2,50,000 been extended till February 10. The beneficiary can buy the brochures, and price list. The Women residing in hilly regions; •One woman per family to Pepsi and Coca Cola are back on the racks. Mageswari RaviKumar, Deputy vehicle from her own funds, or by scheme covers vehicles with the women heading households; avail benefits | MARKETSMORNING.COM Commissioner for Education, said getting loans from banks/ Non- maximum engine capacity of 125cc unmarried women aged above 35 •Appeared for class eighth "The date has been extended so that Banking Finance Companies and those that are eligible to be years; destitute or differently abled examination more women can apply. Our aim is (NBFCs) governed by the rules of registered under the Motor Vehicles women; transgenders; Scheduled •Possess a valid two-wheeler to empower working women. Ease the Reserve Bank of India (RBI). Act, 1988. Three scooters- Castes/Scheduled Tribes (SCs/ license Pepsi and Coke of use is important. Hence, the If the applicant wishes to buy the Pleasure, Maestro Edge, and Duet STs) would be given priority. •Priority to be given to wor - vehicles are gearless/auto-geared. vehicle from her own funds, a come under this." One condition that is to be king women in remote areas, One lakh women will be benefitted Subsidy Claim Form is to be The Government has taken a fulfilled by beneficiaries is that the women-headed households, from this scheme." submitted for subsidy's release. special initiative to provide a right to purchase the vehicle cannot deserted women, destitute bubble in markets The vehicles that were Thereafter, it will be released maximum subsidy of Rs. 25,000 or be transferred to a male member, widows, SC/ST, transgender, S HUCHITA KUMAR fearing a decrease in the monthly manufactured on or after January 1, directly to the applicant's bank 50 per cent of the cost of the two- and the vehicle cannot be sold for a unmarried women above 35 income had not removed them from 2018 can be purchased. account after the purchase of the wheeler, whichever is less, under period of five years. Chennai: A year after two traders' the racks. bodies, the Tamil Nadu Vanigar “The demand for Pepsi and Coke Sangangalin Peramaipu and the was high and I would have lost the Tamil Nadu Traders Federation, customers who would have come had decided not to sell the products asking for them. Though I didn’t manufactured by MNC giants, participate in the ban I started Eviction drive leaves city vendors helpless Pepsi and Coca Cola are back on procuring some local brands soon SATENDRA SINGH According to the Street Vendors but as of now, Chennai still does ble vending zones to accommodate litha, Deputy Commissioner.