Bounty on Trump: Iran has offered an $80 million bounty on US President Donald Trump for the death of Iranian Major General Qasem Soleimani, who was killed in an American drone strike, a media report said. During the televised funeral procession of the top Iranian, official state broadcasters said on Sunday $1 would be tabled for every Iranian in the country, with the cash going to whoever killed the US President, mirror.co.uk said in the report. On the other hand Donald Trump has defended his threat to target Iranian cultural sites – widely seen as a war crime – if Tehran retaliates for the killing of General Qassem Suleimani.
Indian Economy: The Prime Minister asked industry to shun pessimism, saying the government will stand shoulder to shoulder with India Inc in its attempt to expand business in any nook and corner of the country. He said the target to nearly double the size of the economy to USD 5 trillion is just a phase and the targets are bigger and higher.
Sabarimala: A nine-judge Constitution bench of Supreme Court will hear from January 13, the issue of allowing women and girls of all ages to enter Kerala’s Sabarimala temple along with other contentious issues of alleged discrimination against Muslim and Parsi women. The top court on Monday issued a notice informing listing of petition filed by Indian Young Lawyers Association seeking review of its historic 2018 judgement allowing women and girls of all ages to enter Sabarimala temple “Take notice that the following matters will be listed for hearing before a Nine Judges Constitution Bench commencing from Monday the 13th January 2020”, the notice said.
Income tax: Henceforth carving out a separate category for individual taxpayers in the annual income tax returns (ITRs), the Income Tax Department has specified that those having joint ownership of house property will not be eligible to file the Sahaj (ITR-1) or Sugam (ITR-4). Notifying the two ITRs for assessment year 2020-21, the Central Board of Direct Taxes (CBDT) also followed up on the Budget announcement to mandate the filing of ITR-4 for those individual taxpayers who have paid Rs 1 lakh in electricity bills in a year or spent Rs 2 lakh on foreign travel.
JNU violence: Four outsiders were nabbed from the JNU’s North Gate in connection with the brutal violence on campus on Sunday evening and are being questioned, an official said. The four, caught while fleeing the campus, were taken to Vasant Kunj police station for interrogation. The campus has been volatile for the past few weeks over the Citizenship Amendment Act, which grants citizenship to non-Muslim minorities of Pakistan, Afghanistan and Bangladesh. BJP spokesperson Nalin Kohli said violence in any form needs to be condemned but added that it is equally important to note that a certain group of people in JNU subscribe to a “mindset that calls for the dismemberment of India”.
The Madras High Court on Monday granted 15 days parole to Ravichandran, one of the seven life convicts in the Rajiv Gandhi assassination case, to attend to his ailing mother and also to settle some family matters. Acting on a petition by his mother, Justices T Raja and B Pugalendi granted him parole RPT parole from January 10, though the state government submitted that it would not be possible to provide police security for him in view of Pongal festival.
FASTags: With the January 15 deadline for complete migration to e-payment approaching, motorists say they are being made to run from pillar to post when they approach banks and toll gates to purchase FASTags. They are told that without Aadhaar they will not be able to recharge FASTag accounts on the mobile application.
Golden Globe Awards: The 77th Golden Globe Awards were held at The Beverly Hilton in Beverly Hills, California. The big winner of the night was Once Upon a Time in Hollywood with three Golden Globe awards. The film won the Best Screenplay, Best Supporting Actor and Best Motion Picture – Musical or Comedy awards. Joaquin Phoenix won the Best Actor (Drama) award for his performance in Joker, the award for Best Actor (Musical or Comedy) was picked by Rocketman actor Taron Egerton.
Vijay Mallya: The Supreme Court on Monday clarified that fugitive businessman Vijay Mallya, faces charges of financial irregularities amounting to over Rs 9,000 crore, cannot use pendency of his plea regarding repayment plan in Supreme Court to stall proceedings in other jurisdiction. A bench headed by Chief Justice S A Bobde passed the order after the Centre told the top court that Mallya used pendency of his plea to stall the UK court from delivering verdict in insolvency proceedings.
Oldest living person: Kane Tanaka, who turned 117 on January 2 celebrated her new milestone with a party thrown by her friends and staff at her nursing home. A local television channel was also in attendance for her party. According to the Guinness World Records, Tanaka was confirmed as the oldest living person 116 years last year. As per the organisation, Tanaka was born prematurely in 1903 and married Hideo Tanaka in 1922.
NATO: NATO’s ruling committee will meet Monday to discuss the future of the alliance’s training mission in Iraq as Middle East tensions mount after US forces killed a top Iranian general. Ambassadors from the 29 allies will gather at their Brussels headquarters at 3.00 pm (1400 GMT) with Secretary-General Jens Stoltenberg expected to brief journalists afterward.
NCLAT: The National Company Law Appellate Tribunal on Monday dismissed the Registrar of Companies’ petition seeking modification of the judgment in the Tata-Mistry case and said its ruling had not cast any aspersions on the RoC. “There is no ground to amend judgment dated December 18, 2019,” a two-member NCLAT bench said. On December 18, the tribunal ruled reinstating Cyrus Mistry as the Executive Chairman of Tata Group and also termed conversion of Tata Sons from a public company to a private one by the RoC as “illegal”.
MARKET TODAY
- SENSEX-40676.63 (-787.98)
- NIFTY-11993.05 (-233.60)
- GOLD (MCX 10 GM)-40763.00 (651.00)
- SILVER (MCX 1 KG)-48142.00 (615.00)
- USD ($) / INR(Rupees Icon)-71.21 (0.12)
Monday, January 06, 2020
