ALL News Headlines 2019 November 5TH

NATIONAL HEADLINES

DELHI: The Bar Council of India (BCI) on Tuesday condemned incidents outside Delhi’s Saket Court on Monday, where lawyers purportedly attacked a policeman and passersby, saying that such acts of grave misconduct would not be tolerated. “BCI has asked the Coordination Committee of District Court Bar Associations to control the situation in all District Bar Complexes and create a congenial atmosphere,” the BCI said issuing statement, further said that  it will take action against lawyers ‘found involved in any act of violence or vandalism.’ A video showing lawyers slapping a policeman in south Delhi was circulated widely including by senior police officers.

ENTRY PERMIT: The Meghalaya Cabinet amendments to the Meghalaya Residents Safety and Security Act (MRSSA) 2016, which will lead to laws that require non-resident visitors to register themselves on the lines of the Inner Line Permit (ILP) system of Arunachal Pradesh, Nagaland, and Mizoram.

POLICE DHARNA: On Tuesday Police personnel gathered outside the Delhi Police headquarters and demanded for Justice against the violent lawyers. The Special Commissioner of Police (Crime) Satish Golcha urged them to end stir and resume duty, while assuring them that a review petition will be filed against the Delhi High Court order in connection with a clash between cops and lawyers at the Tis Hazari Courts Complex. The senior officer said the injured policemen will get an ex-gratia of at least Rs 25,000. IPS Association made a twitter by saying: “Incident involving police & lawyers unfortunate. All should take a balanced view of it based on facts in the public domain. Countrywide, police stand in solidarity with those police personnel subjected to physical assault & humiliation. Condemn all attempts to break the law, by anyone”!

AAP MLAs: President Ram Nath Kovind has rejected a petition demanding disqualification of 11 Aam Aadmi Party (AAP) MLAs for allegedly holding the office of profit by being co-chairpersons in district disaster management authorities.

 (PMC) BANK: The Reserve Bank of India Tuesday said by making a statement, “the RBI, after reviewing the bank’s liquidity position and its ability to pay its depositors has decided to further enhance the limit for withdrawal to Rs 50,000, inclusive of Rs 40,000 allowed earlier,”. With this, the limit of withdrawal has been increased more by Rs 10,000/-

Ayodhya case: Just before the Ayodhya verdict in the Supreme Court, Faizabad police have posted 16,000 volunteers to keep an eye against objectionable content on social media, an official said. A similar number of volunteers have been put in place across 1,600 localities in the district to maintain calm when the order on the Ram Janmabhoomi-Babri Masjid dispute is delivered, Senior Superintendent of Police Ashish Tiwari said.

Delhi: The National Green Tribunal on today recommended to the Centre that a stipend or compensation be given to daily-wage labourers who have become unemployed as a result of the ban on construction activities to bring down the severe pollution levels in Delhi.

GCTOC Bill:  President Ram Nath Kovind has given his assent to ‘the Gujarat Control of Terrorism and Organised Crime Bill’. One of the key features of the new Act is intercepted telephonic conversations would now be considered as legitimate evidence. The announcement on the Presidential assent was made by Gujarat Minister of State for Home, Pradeepsinh Jadeja, in Gandhinagar on November 5.

Air Pollution: Due to the disruption of normal life and an increase in respiratory illnesses in Delhi, foreign and domestic tourists are cancelling or cutting their stay in the capital as a toxic smog envelops the capital. General residents also appear to be moving out of the city on short holidays to nearby hill stations and other cities.

KERALA: The Kerala High Court on Tuesday directed the state government to preserve bodies of two Maoists who were killed in an encounter in Palakkad forests last week after their relatives filed a petition challenging a lower court’s permission to cremate the bodies. Four Maoists, including a self-styled leader Manivasagam, were killed in Palakkad forests on October 28 in an encounter with commandos of the Kerala Police.

INTERNATIONAL HEADLINES

RCEP: China said today that it will follow the principle of “mutual understanding and accommodation” to resolve the outstanding issues raised by India for not joining the Beijing-backed mega Regional Comprehensive Economic Partnership. China also said it would welcome India joining the deal at an early date.

China: China asked for the rollback of US tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the US to sign a partial trade deal with President Donald Trump, according to people familiar with the matter. Negotiators asked the Trump administration to eliminate tariffs on about $110 billion in goods that were imposed in September and lower the 25% tariff rate on about $250 billion that began last year, sources said.

Xerox Holdings Corp: Xerox Holdings Corp will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm Holdings, for $2.3 billion, after investor activism scuppered a deal involving the two companies. Xerox, struggling with falling demand for office printing equipment, had agreed to a complex $6 billion deal that would have merged the U.S. brand into Fuji Xerox and given Fujifilm control.

WASHINGTON: The  US Treasury Department called a meeting for the Counter-Hizballah International Partnership (CHIP) to build multilateral cooperation for targeting Hizballah’s global financial networks. Over 30 countries representing the Middle East, the Western Hemisphere, Europe, Asia, and Africa participated in this event, which was held on the sidelines of the World Bank/International Monetary Fund Fall Meetings. At the meeting, the United States condemned Hizballah’s abuse of the international financial system and identified impact-oriented steps countries should take to stem this abuse, including sharing information among financial intelligence units, strengthening terrorism finance risk assessments, developing targeted financial sanctions regimes, and prosecuting terrorists and their financial facilitators.

TAXILA: More than a thousand Indian Sikhs arrived in Gurdwara Punja Sahib in Hassanabdal around midnight on Sunday as part of the Nagar Kirtan, a religious procession held to mark the 550th birth anniversary of Baba Guru Nanak Dev, the founder of Sikhism. Evacuee Trust Property Board (ETPB) Deputy Secretary Shrines Imran Gondal said that more than 1,100 Sikhs crossed the border through Wagah on Oct 31 via Ludhiana and Amritsar.

MARYAM NAWAZ: The Lahore High Court (LHC) on Monday granted bail to PML-N leader Maryam Nawaz who was arrested on August 8 in the Chaudhry Sugar Mills (CSM) case.

ECONOMY HEADLINES

Dominant Services Industry:  Activity in India’s dominant services industry contracted for a second consecutive month in October due to muted demand, a private business survey showed today. Although the Nikkei/IHS Markit Services Purchasing Managers’ Index rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

CBI: The CBI is conducting searches in 169 locations across the country in connection with 35 bank fraud cases registered by the agency involving funds of over Rs 7,000 crore, officials said today. The cases involve State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India, they said.

MARKET TODAY

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JUDGMENTS TODAY [05-11-2019 ]

Today Supreme Court Passed the following Judgments