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TODAYS SPECIAL-DAILY-NEWS-15-08-2016
Brief Highlights of Prime Minister’s Address on Independence Day
Prime Minister Narendra Modi addressed the nation from the ramparts of the Red Fort in New Delhi on the occasion of 70th Independence Day today. Following are the brief highlights of the speech: 1. Today on this special day, I convey my greetings to 125 crore Indians & the Indian community living overseas. May this energy guide the nation to scale newer heights of progress in the years to come 2. We remember
On the eve of the 70th Independence Day, President Pranab Mukherjee addressed the entire nation for the fifth time since assuming office. When India attained independence in 1947, he said, no one believed it to survive as a democracy yet, seven decades later, one and a quarter billion Indians with all their diversity have proved those forecasts wrong. "The strong edifice of democracy built by our founding fathers on the four
GOVERNMENT SCHEME-DAILY-NEWS-15-08-2016
Government mulling maternity benefit for women in unorganised sector
NEW DELHI: Government is mulling over a contributory maternity benefit scheme for the unorganised sector employing around 10 crore women, after enhancing the paid maternity leave in all companies to six months. The ministry has geared up to provide this sustenance to women in unorganised sector after Rajya Sabha passed the Maternity Benefit Bill 2016 unanimously to provide 26 weeks of leave to working mothers
Union Government launches 1st phase of Smart Ganga City programme in 10 cities
The Union Government has launched the first phase of Smart Ganga City programme in 10 cities located along River Ganga. The first phase of programme was jointly launched by the Union Urban Development Minister M Venkaiah Naidu and Union Water Resources Minister Uma Bharti. Key Facts 10 Cities/Towns are Haridwar, Rishikesh, Mathura, Varanasi, Kanpur, Allahabad, Lucknow, Patna, Sahibganj and
PM Modi announces 20 pc hike in freedom fighters pensions
Prime Minister Narendra Modi on Monday announced a 20 per cent hike in the pension of freedom fighters."Pension for our freedom fighters will be increased by 20 per cent. So those who are receiving Rs 25,000 will now get Rs 30,000," Modi said in his address to the nation from the Red Fort here on the 70th Independence Day. He also announced that museums would be established in different states to glorify the
LEGAL-COURT BILL-ACT-DAILY-NEWS-15-08-2016
Delhi High Court stops 2 SpiceJet ex-employees from disclosing information
NEW DELHI: Delhi High Court has restrained two ex-employees of budget carrier SpiceJet from disclosing confidential information about it to any of its competitors or any other third party on the plea of the airline which had sought to stop them from joining any of its rivals. Justice Rajiv Sahai Endlaw issued the direction to Saptarshi Bose and Santosh Kumar Singh, who were General Manager and Deputy GM of Revenue
YouTube cannot host content that violates Indian laws: Delhi High Court
Delhi High Court has directed that video-sharing website YouTube was obliged not to host any content which violates the laws currently in force. The ruling came on a plea by Tata Sky seeking removal of videos from YouTube on how to crack the encryption of set top boxes of the company. "In terms of Rule 3(1)(e) of the Information Technology Intermediaries Guidelines, YouTube is obliged not to host content that violates
SCIENCE AND TECHNOLOGY-DAILY-NEWS-15-08-2016
Novel drug compound inhibiting skin cancer discovered: NCCS Study
Researchers from the Pune-based National Centre for Cell Science (NCCS) have successfully isolated cancer stem cells that cause skin cancer. They have successfully demonstrated that Andrographolide (a compound) isolated and purified from Andrographis paniculata (a herb) found in India is effective in inhibiting tumour growth both in skin cancer and lung metastasis in mice. How did they undertake research? In order
First human genetic editing trial in China
Chinese scientists are going to perform the world’s first genetic editing trial on humans in an attempt to find a cure for lung cancer. It will be performed as the trial phase by injecting cells that have been modified using the CRISPR-Cas9 gene-editing technique into the patients. Key Facts In this trial, scientists will extract T cells, a type of immune cell, from the patient’s blood. Then they will put the gene that encodes the PD-1
India’s first Nuclear Suppliers’ Insurance Policy unveiled by INIP
India’s first Nuclear Suppliers’ insurance policy for ‘Right to Recourse’ was unveiled by India Nuclear Insurance Pool (INIP). The policy was unveiled by Atomic Energy Commission (AEC) chairman Sekhar Basu in Mumbai, Maharashtra. INIP is the 27th global nuclear insurance pool which was launched by state run General Insurance Corporation of India (GIC Re), in association with non-life insurance companies.
BANKING-DAILY-NEWS-15-08-2016
RBI might not meet inflation target: IMF
An IMF paper has raised question marks over the ability of RBI to target inflation through monetary measures, saying the size of formal financial sector is small in India and may undermine the effectiveness of interest rate changes on aggregate demand. The IMF working paper assumes significance as the Reserve Bank of India has recently implemented an inflation-targeting regime that requires it to hit publicly announced
ECONOMICAL-DAILY-NEWS-15-08-2016
Exports Slip 6.8% In July; Gold Imports More Than Halve
New Delhi: After rising for the first time in 18 months in June, exports shrank again in July, contracting 6.84 per cent due to decline in shipments of engineering goods and petroleum products. Gold imports, which till recently was a matter of concern for the government, more than halved to $1.08 billion in the month. Merchandise exports totalled $21.69 billion in July as against $23.28 billion in the same month last year.
RBI Authorises Select Bank Branches To Collect Advance Tax
Mumbai: Reserve Bank has authorised various bank branches, including those of SBI, ICICI, HDFC Bank, PNB and Bank of Baroda, to collect income tax dues in advance for the September quarter. In an appeal to income tax assesses, RBI has asked them to remit tax dues sufficiently in advance of the due date. RBI said assesses can use alternate channels like select branches of agency banks or the facility of online payment of
Vegetable Prices May Soar As Peak Production Season Ends: Assocham
New Delhi: In a "most worrying" sign for consumers, the prices of vegetables in retail markets are likely to shoot up further in coming months as the peak production season has come to an end, according to a report by industry body Assocham. In the shorter horizon, there will be "more pressure on the market arrivals of vegetables as production season eases", Assocham said in its report. Vegetable prices rose up to 100 per
Key Agri Product Exports In Negative Zone In July
New Delhi: Exports of as many as eight key agriculture products including tea, tobacco and cashew have registered negative growth in July mainly due to a decline in prices in the global commodity market. Other cereals, oil meals, meat, dairy and poultry products and fruits and vegetables too recorded negative growth during the month. In all, eight out of 13 main agriculture products, which are closely monitored by the
POLITICAL-DAILY-NEWS-15-08-2016
In Zambia’s contentious election, the EU finds a new challenge
Zambians went to the polls on August 11 in presidential and parliamentary elections in what is expected to be a tight race between President Edgar Lungu's governing PF party and the opposition UPND led by Hakainde Hichilema. The EU on the ground, along with other international observers, can exert a positive influence in what has been a tense and sometimes violent campaign. In its new Global Strategy for Foreign
AWARD AND HONOUR -DAILY-NEWS-15-08-2016
President Approves 82 Gallantry Awards On Eve Of Independence Day
The gallantry awards approved by the President, who is also the Supreme Commander of the Armed Forces. NEW DELHI: Havildar Hangpan Dada, who sacrificed his life while valiantly fighting and killing three terrorists after they infiltrated from PoK, and Pathankot bravehearts Lt Col Niranjan and Corporal Gurusevak Singh are among the 82 defence and paramilitary personnel for whom President Pranab
SPORT-DAILY-NEWS-15-08-2016
INLD Leader Abhay Chautala Attends Rio Olympics, Court Baffled
NEW DELHI: A special court has wondered how INLD chief OP Chautala's son Abhay, who is facing trial in a disproportionate assets case, has gone abroad to attend the Rio Olympics without seeking its permission. The issue came up when during a recent hearing, Special CBI Judge Sanjay Garg-I was informed that Abhay Chautala was absent as he, being a sports administrator and former President of Indian
Michael Phelps becomes first swimmer to win four consecutive golds in same event
Michael Phelps on 11 August 2016 won his fourth consecutive 200m individual medley Olympic title. With this, he became the first swimmer ever to win four consecutive golds in the same event. Phelps clocked one minute, 54.66 seconds to grab the 200m individual medley Olympic title. Japan’s Kosuke Hagino won the silver medal and China’s Wang Shun took the bronze.
China’s Ma Long becomes fifth male Grand Slam winner at Rio Olympics
China’s table tennis champion Ma Long on 11 August 2016 defeated China’s Zhang Jike by 4-0 to grab the gold medal in Table Tennis at Rio Olympics. with the win, Long became the fifth male player to complete the Grand Slam, and the second male player ever to be the defending champion of all three majors at the same time. Jike was the first player to do so. Jike clinched the silver medal.
Dipika Pallikal wins Australian Open Squash 2016 title
India's top squash player Dipika Pallikal on 13 August 2016 won the Australian Open Squash women’s singles title in Melbourne. To win the title, the top seed Dipika defeated eighth seed Mayar Hany of Egypt 10-12, 11-5, 11-6, 11-4 in the 40-minute final. For Dipika, this was the first title win in 2016. Earlier, in February 2015, she won the Winnipeg Winter Open in Canada. She is the first Indian to break into the top
ENVIRONMENT-DAILY-NEWS-15-08-2016
Will look for alternatives to carcinogenic asbestos: Environment Minister
NEW DELHI: Waking up to the hazards of asbestos use that puts millions of workers at risk of contracting cancer, the government has said its use must end and the Centre will ask scientists to look for alternatives."Since the use of asbestos is affecting human health, its use should gradually be minimised and eventually end.As far as I know, its use is declining. But it must end," environment minister Anil Madhav
BUSINESS-DAILY-NEWS-15-08-2016
Infosys' RBS contract loss to hit 3,000 employees
BENGALURU: In a big blow to Infosys, the Royal Bank of Scotland (RBS) has cancelled a major contract that will impact as many as 3,000 of Infosys' employees and impact revenues for the year by about $40 million. The cancellation came following RBS' decision to abandon its plan to float a separate standalone UK bank -Williams & Glyn (W&G). RBS had awarded a five-year 300-million-euro IT contract to Infosys and
SUMMIT-DAILY-NEWS-15-08-2016
Sushma Swaraj, Chinese FM discuss India's bid for NSG
External Affairs Minister Sushma Swaraj and visiting Chinese Foreign Minister Wang Yi on Saturday discussed the misgivings that have cropped up between the two sides, after India’s failed bid to become a member of the 48-member Nuclear Suppliers Group (NSG). India has singled out China for having put obstacles in New Delhi’s path, while Beijing has advised its neighbour to neither be downhearted about the
DEFENCE -DAILY-NEWS-15-08-2016
India rejects UN’s request to visit violence-hit Kashmir
India has rejected United Nations Human Rights Council’s (UNHRC), a civil rights body working under United Nations, move to send a team to Jammu and Kashmir which has been in the grip of a prolonged spell of violence for nearly a month. According to reports, UNHRC had on July 9 written to Ministry of External Affairs seeking permission to send its team to troubled Kashmir. It said that the purpose of the visit by the
SURVEY AND REPORT-NEWS-15-08-2016
India's Exports Better Placed In Product Diversification: Report
New Delhi: India's exports are better placed in terms of product diversification as top ten export products account for 58 per cent of total shipments, says a study. The study by an industry body analysed concentration of top 10 export products for major economies, including Hong Kong (89 per cent), Republic of Korea (86 per cent), Japan (77 per cent), the UK (71 per cent), Germany (70 per cent), the USA (68
PASSES AWAY-DAILY-NEWS-15-08-2016
Famous Lyricist Na Muthukumar passed away
Two-time national award-winning lyricist Na. Muthukumar succumbed to jaundice in Chennai. He was 41 and is survived by his wife, a son and a daughter. He first won the award for the song Aananda Yazhai Meetukiral in the film Thangameenkal and the second award was for the song Azhage Azhagu in Saivam. “In my opinion he had the calibre to achieve great heights in Tamil literature. But film industry reduced the space
Former minister S.P. Sarguna Pandian passed away
Former Tamil Nadu social welfare minister and DMK deputy general secretary S P Sarguna Pandian passed away in the early hours of Saturday. She was 75. Sarguna Pandian was elected from R K Nagar constituency twice — in 1989 and 1996 — and was the social welfare minister between 1996 and 2001 when DMK president M Karunanidhi was the chief minister. ”She had not been keeping well, and her end
MISCELLANEOUS-DAILY-NEWS-15-08-2016
US declares Zika public health emergency in Puerto Rico
The Obama administration on Friday declared a public health emergency in the U.S. territory of Puerto Rico, saying the rapid and widespread transmission of the Zika virus threatens the health of infected pregnant women and their babies. The Caribbean island of about 3.5 million people has recorded 10,690 laboratory-confirmed cases of Zika, including 1,035 pregnant women, but the actual number of infections with the
COMMITTEE-DAILY-NEWS-15-08-2016
Cabinet sub-committee concludes consultation on dist reorganisation
HYDERABAD: A cabinet sub-committee on formation of new districts concluded three-day consultation with the representatives of people from the existing ten districts on Sunday. Deputy chief minister and the sub-committee member Kadiyam Srihari said the panel would submit its report to the government shortly, following which chief minister K Chandrasekhar Rao would convene an all-party meeting on the subject. On
Committee to set up traffic congestion submits report
After going through several deliberations, a committee constituted by the state government to make a proposal for reduction of traffic congestion in Arunachal Pradesh capital, has submitted its report. The committee submitted its report to chief minister Pema Khandu in presence of chief secretary, principal secretary (Coordination) and the DIG on Satruday, an official release said on Sunday. In the report, several
Parliamentary committee pitches for better pesticide regulation
The Parliamentary Standing Committee on Agriculture has said the problems associated with unscientific and excessive use of pesticides have not been addressed properly by the Central and the State governments, and a system for registration of pesticides does not address the systemic deficiency. In its report for 2015-16, entitled “Impact of chemical fertilizers and pesticides on agriculture and allied sectors in the country”,
AGREEMENT-DAILY-NEWS-15-08-2016
Sri Lanka and China sign tripartite agreement to construct Financial City Centre in Colombo
Sri Lanka and China have signed a tripartite agreement to proceed with the construction of a Financial City Centre in Colombo. The agreement was signed between Sri Lanka’s Urban Development Authority, Ministry of Megapolis and Western Development and China Harbour Engineering Company. Key Facts The Colombo International Financial City project aims to transform Sri Lanka into an international financial hub in
