GN Bureau | July 28, 2015
State Funeral of APJ Abdul Kalam will be held with full military honours tomorrow at 11 AM at Rameswaram in Tamil Nadu. Chief ministers of six states are also expected to be present. The body of Kalam, who died in Shillong on Monday evening, was carried to New Delhi early Tuesday morning by a special aircraft from Guwahati, as senior leaders and a host of officials joined in paying tribute to the country's 'missile man'.
Lok Sabha sees business after week-long washout
Lok Sabha transacted some business today after a week of disruption with two bills being introduced and another taken up for consideration. However, Congress and some other parties continued their vociferous protests, along with display of placards. The House also saw parties coming together to condemn the attack in Gurdaspur in Punjab this morning and emphasising that all the force should be used against terrorism which still poses threat to the country. While finance minister Arun Jaitley re-introduced The Negotiable Instruments Bill, 2015 that provides for trial in cheque bounce cases at the place where the cheque was presented for clearance and not the place of issue,law minister Sadananda Gowda introduced The Repealing and Amending (Fourth) Bill, 2015 providing for scrapping of 295 obsolete laws.
Lashkar-e-Taiba is prime suspect in Punjab attack
Lashkar-e-Taiba has emerged as the prime suspect behind Monday's terror attack in Gurdaspur in Punjab. The modus operandi was reminiscent of the storming of police stations in J&K, particularly the March attack carried out by LeT in Samba, while the equipment found on the three fidayeen such as GPS device, AK-47s and Chinese grenades, as well as a conscious effort on their part to conceal their identity bore the unmistakable stamp of a Lashkar operation
New Supreme Court bench to hear Yakub Memon's plea
Chief Justice of India, Justice HL Dattu, will constitute a new bench on Wednesday that will hear 1993 Mumbai serial bomb blast convict Yakub Memon's plea seeking stay of his execution slated for July 30 and quashing of death warrant on the grounds that it was issued even before he could exhaust his legal remedies. Earlier on Tuesday, supreme court judges Anil R. Dave and Kurien Joseph took differing stands on Memon's plea challenging his death penalty and urged the chief justice to set up "an appropriate bench" to hear the case.
Senior counsel Raju Ramachandran, appearing for Yakub Memon, urged Chief Justice Dattu to grant stay of execution. of Memon slated for Thursday. However, the court did not pass any order on its plea for stay of execution.
Traders make bit of profit as sensex
The 30-share BSE Sensex closed the session 102.15 points down, or 0.37 per cent, at 27,459.23 in a choppy session, falling for the fourth straight trading day. The broader 50-share index Nifty ended the day down 24 points, 0.29 per cent, at 8,337. Dr Reddy, HeroMotoCorp led the losers' chart on the BSE index, down about 3 per cent each.19 of the 30 sensex stocks ended the day in the green.
Windows 10 to be unveiled tomorrow
Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online. No one's expected to line up overnight for Windows 10, the way people did 20 years ago for Windows 95. But Microsoft is counting on tens or even hundreds of millions of people to download its latest release for free in the coming months.
ADB to lend $300 million to support urban health mission
The Asian Development Bank (ADB) on Tuesday signed an agreement with India to lend $300 million to support the National Urban Health Mission (NUHM), which is aimed at improving the health status of the country’s urban population. The loan will reinforce ongoing government efforts to develop health systems in urban areas that can deliver quality services and reach the urban poor and vulnerable sections.
Maruti's Q1 PAT accelerates 56% at Rs 1193 crore on strong volumes, cost measures
Maruti Suzuki, India's largest carmaker, today posted 56.49 percent increase in its standalone net profit at Rs 1,192.92 crore in the first quarter (April-June) riding on high volumes, favourable foreign exchange and cost reduction efforts. Total unit sales during the quarter stood at 341,329 units as against 299,894 units in the year-ago period, up 13.81 percent. Domestic sales during the first quarter were at 305,694 units as against 270,643 units in the same period last fiscal, up 12.95 percent.
Scientists successfully 'edit' human immune cells
Scientists have used a popular genome editing technique to precisely modify a key type of human immune cell that protects the body against a wide range of diseases, from diabetes to AIDS to cancer. Researchers at the University of California - San Francisco used the genome-editing tool known as CRISPR/Cas9 to precisely modify human T cells. They were able to disable a protein on the T-cell surface called CXCR4, which can be exploited by HIV when the virus infects T cells and causes AIDS.
Google bids farewell to Google+
On Monday, Google officially retired its Google+ service merely four years after it began. Google+, which was supposed to create a huge social network with a billion or more users, proved no match to Facebook, Twitter and other social networks. Brad Horowitz, vice-president of Streams, Photos, and Sharing (that includes Google+), wrote in a Google+ update, “We’re going to retire Google+ as the mechanism by which people share and engage within other Google products.”
Oil prices drop toward four-month lows on glut worries
Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment. Asian stocks fell to three-week lows, with a deepening rout in Chinese stocks heightening fears about the financial stability of the world’s second biggest economy and top energy consumer.
While the centre has encouraged drug stores that sell generics (as opposed to branded medicines) under the Jan Aushadhi scheme, states have obtained mixed results in the implementation. In Andhra Pradesh, for instance, there are few stores selling generics, but they are unique in that they are run by all-w
A top Reserve Bank of India official had waved the red flag, a year back, regarding the SWIFT messaging system. SWIFT was used in a fraud amounting to Rs 11,000 crore at a Punjab National Bank branch that benefited billionaire diamond jeweler Nirav Modi. Former RBI deputy gover
Delhi chief secretary Anshu Prakash’s claim that he was manhandled by Aam Aadmi Party (AAP) lawmakers in the presence of Delhi chief minister Arvind Kejriwal has kicked up a storm. Here is what transpired on Monday night and the events that unfolded through Tuesday.
Is banks` messaging system SWIFT secure enough?
Diagnosing what ails India’s governance, Bihar chief minister Nitish Kumar used to name three units or offices that are so corrupted that they are beyond redemption: village patwaris, police station darogas and Railways ticket collectors. In his stint as executive head of Bihar, he seems to have incl
Could RTI have saved banks from scams?