Current Affairs-2019 September 28TH

Daily Current Affairs-September

PAN-Aadhaar linking deadline extended to December 31 from September 30: CBDT

NATIONAL

  • India’s response to Pakistan at UNGA: In a befitting reply to Pakistan Prime Minister Imran Khan’s speech on Friday at the United Nations General Assembly (UNGA), India while exercising its right of reply said Khan’s threat of unleashing nuclear devastation qualifies as brinkmanship.
  • Modi invoked ancient Tamil poet: Prime Minister Narendra Modi invoked the nearly three-millenia old Tamil poet and philosopher Kaniyan Poongundranar in his United Nations General Assembly (UNGA) speech on Friday to highlight the essence of Indian unity in diversity and emphasise the feeling of kinship among all people in the world.
  • Narada Sting case: Trinamool Congress (TMC) MP Kakoli Ghosh Dastidar on Saturday said that she accepts taking “donations” from journalist Mathew Samuel who had broadcast a sting on his Narada news portal in 2016.
  • PM Modi: On friday emplaned for New Delhi after delivering a speech at the 74th session of the UN General Assembly and holding a series of bilaterals. The PM also met CEOs of several top global companies in Houston.
  • RSS: Senior RSS functionary Krishna Gopal said that Khan has ended up spreading the RSS’ name and prayed that the Pakistan prime minister does not stop now. The RSS is only in India and for India. It has no branch anywhere else in the world. Why is Pakistan angry with us? It means if it is angry with Sangh, then it is angry with India. The RSS and India have now become synonymous.
  • SC sets up Constitution bench to hear pleas against Article 370 abrogation

INTERNATIONAL

  • China backs Pakistan: Raising the Kashmir issue at the UN, China has told the General Assembly that the “dispute” should be peacefully and properly addressed in accordance with the UN Charter, Security Council resolutions and the bilateral agreement. On the other hand, India on Saturday took strong note of reference made by Chinese Foreign Minister Wang to Jammu and Kashmir, and Ladakh in his address at the UN General Assembly.
  • London: Authorities in London have referred Prime Minister Boris Johnson to a police complaints body to see if he should face a criminal investigation over links to an American businesswoman who allegedly received favorable treatment because of her friendship with him during his time as mayor.
  • UNGA: India slams China for Kashmir comment at UN, takes jibe at PoK road project.
  • UAS: Democrats charged aggressively into an impeachment investigation of President Donald Trump on Friday, ordering Secretary of State Mike Pompeo to turn over Ukraine-related documents and scheduling testimony for witnesses to alleged abuse of power by the U.S. leader.

ECONOMY TODAY

  • RBI: The Reserve Bank has initiated Prompt Corrective Action (PCA) against Lakshmi Vilas Bank (LVB) due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years, the private sector lender said on Saturday.
  • Mumbai: The rupee spurted by 32 paise to close at a nearly two-month high against the US currency on Friday as crude oil prices receded following reports that Saudi Arabia had agreed on a temporary ceasefire in Yemen. The domestic currency closed higher by 0.44 per cent at 70.56 to the US dollar, a level not seen since August 2 when it had ended at 69.60.
  • PSU: The government today set October 15 as the deadline for central PSUs to clear overdue payments to vendors and contractors as it looks to lift economic growth from six-year low by boosting expenditure.
  •  Rakesh Jhunjhunwala: India`s largest individual investor, said the only solution to unemployment is strong growth.

 

Current Supreme Court Judgments

  • State of Rajasthan vs Mehram & Ors-06/05/2020 - QUANTUM OF PUNISHMENT-The learned counsel for the accused No. 5 was at pains to persuade us that the said accused is now about 70/­75 years of age and at this distance of time, it may not be appropriate to send him back to jail. Taking overall view of the matter, we are not impressed by this submission. Even in case of offence under Section 326, IPC, which commended to the High Court, the same was punishable with imprisonment for life or with imprisonment of either description which may extend to ten years and also liable to fine. Had it been a conviction under Section 326, as aforesaid, the sentence of only about five months in the facts of the present case, by no stretch of imagination, was adequate.
  • Triloki Nath Singh vs Anirudh Singh (d) Thr. Lrs & Ors-06/05/2020 - Whether the decree passed on a compromise can be challenged by the stranger to the proceedings in a separate suit? The appellant could file a suit for protection of his right, title or interest devolved on the basis of the stated sale deed dated 6th January, 1984, allegedly executed by one of the party (Sampatiya) to the proceedings in the partition suit, which could be examined independently by the Court on its own merits in accordance with law.
  • Commissioner Of Central Excise, Delhi-iii vs M/S. Uni Products India Ltd-01/05/2020 - The common parlance test”, “marketability test”, “popular meaning test” are all tools for interpretation to arrive at a decision on proper classification of a tariff entry. These tests, however, would be required to be applied if a particular tariff entry is capable of being classified in more than one heads.
  • Bhagwat Sharan (Dead Thr. Lrs.) vs Purushottam & Ors-03/04/2020 - Hindu Undivided Family-It is held that where one of the coparceners separated himself from other members of the joint family there was no presumption that the rest of coparceners continued to constitute a joint family. However, it is also held that at the same time there is no presumption that because one member of the family has separated, the rest of the family is no longer a joint family.
  • NEW DELHI TELEVISION LTD. VS DEPUTY COMMISSIONER OF INCOME TAX-03/04/2020 - INCOME TAX-whether the revenue has sufficient reasons to believe that undisclosed income of the asseessee has escaped assessment and therefore there are grounds to issue notice. An assessing officer can only re­open an assessment if he has ‘reason to believe’ that undisclosed income has escaped assessment. Mere change of opinion of the assessing officer is not a sufficient to meet the standard of ‘reason to believe’.

Sep 28, 2019