ALL News Headlines 2020 February 6TH

J & K leader booked: Former Jammu and Kashmir chief ministers Mehbooba Mufti and Omar Abdullah were booked under the stringent Public Safety Act (PSA) on Thursday along with two other leaders of their People’s Democratic Party (PDP) and National Conference (NC) , officials aware of the matter said.The PSA allows for detention without trial for up to two years if a person is deemed acting “in any manner prejudicial to the security of the state”.

Removing Pak by India From China: India can consider evacuating Pakistani students from the coronavirus-hit Hubei province “if such a situation arises” and resources are available, the Ministry of External Affairs said on Thursday, while making it clear that Pakistan had made no request for it till now.

USA on PAK: The United States on Wednesday sharply condemned terrorist and violent attacks against minority Hindus in Pakistan and communist China’s “hostility” towards its people of all faiths. Launching an International Religious Freedom Alliance of 27 countries, which US officials have said will be something like an “activist club” of nations that will aggressively push globally on religious freedom issues, US Secretary of State Mike Pompeo took aim at persecution of and violent attacks on religious minorities in several countries.

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ALL News Headlines 2020 February 5TH

RAM MANDIR: Union Home Minister Amit Shah on Wednesday announced that the Shri Ram Janmabhoomi Teertha Kshetra, set up by the government for construction of a temple in Ayodhya, will have 15 trustees and one of them will be from the Dalit community. The home minister’s statement comes a little over an hour after Prime Minister Narendra Modi announced in Lok Sabha about the constitution of the trust.

CORONA VIRUS: A baby in China’s epidemic-hit Wuhan city has been diagnosed with the novel coronavirus just 30 hours after being born, Chinese state media reported Wednesday. The infant is the youngest person recorded as being infected by the virus, which has killed nearly 500 people since emerging late last year.

NIRBHYA CASE: Delhi High Court on Wednesday granted a week’s time to the four death row convicts in the 2012 Nirbhaya gangrape and murder case to avail all legal remedies available to them. A single-judge bench of Justice Suresh Kumar Kait said that the proceedings against them for the execution of death warrant will be initiated after a week. The High Court observed that according to Delhi prison rules if a mercy petition is submitted, a 14 days period has to be given after the dismissal of the mercy plea. The death warrant against all four convicts cannot be executed separately, it said. “I have no hesitation to say that after dismissal of criminal appeals on 5 May 2017 by the Supreme Court, nobody had bothered to execute the death warrants. They (authorities) waited for reasons best known to them till convict Mukesh filed a review petition before the Supreme Court on 6 November 2017 after 186 days,” Justice Kait observed.

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ALL News Headlines 2020 February 4TH

AIR DEFENCE COMMAND: The armed forces are likely to collaborate and create an ‘air defence command’ to cover all aerial operations taking place in the Indian airspace, a ‘peninsula command’ to look after all naval operations in the closer Indian Ocean region, and a ‘logistics command’, said India’s first chief of defence staff (CDS) General Bipin Rawat on Tuesday.

APP: Kapil Gujjar, the 23-year-old man who fired shots in the air near the Shaheen Bagh protest site last week is a member of the Aam Aadmi Party, Delhi Police claimed on Tuesday. Rajesh Deo, a senior crime branch officer said investigators had recovered photographs from Kapil Gujjar’s phone after his arrest that placed him in the company of AAP leaders. During his interrogation, Deo told reporters, Kapil Gujjar had disclosed that he and his father Choudhary Gaje Singh had joined Arvind Kejriwal’s party a year ago.

DRIVING GROWTH: Finance Minister Nirmala Sitharaman on Tuesday exhorted the industry to shun hesitation and be a partner in driving growth, saying the government has already initiated several measures and is willing to take more steps.

DIVISION OF ENTITY: The Oil Ministry has moved a cabinet note seeking approval for hiving off state-owned gas utility GAIL (India) Ltd’s pipeline business into a separate entity for a possible sale to a strategic investor at a later date, sources privy to the development said.

PAYTM: Paytm on Tuesday said it aims to add close to 10 million merchants to its platform over the next 12-18 months as it brings new features to its payments platform. The company, which has introduced a new all-in-one payment gateway and business solutions as well as an Android-based point of sale (POS) machine, currently has over 16 million merchants across unorganised and organised sectors.

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ALL News Headlines 2020 February 3RD

Manufacturing sector: According to a monthly survey, country’s manufacturing sector activity climbed to a near eight-year high in January, driven by the sharp rise in new business orders amid a rebound in demand conditions that led to a rise in production and hiring activity.

Electricity: India’s electricity supply rose 3.25 percent during the month of January after five straight months of decline, provisional government data showed, in relief for power producers. Power supply rose to 106.36 billion units in January, up from 103.01 billion units last year, an analysis of daily load despatch data from state-run Power System Operation Corp Ltd (POSOCO) showed.

Corona Virus: The government on February 3, reported India’s third case of coronavirus infection in Kerala, four days after the first case.  The patient is a student from Wuhan and is currently isolated in a hospital in Kanjangad in Kasargod district of Kerala. The patient is stable and has been kept in isolation. The State government said that five people who were in contact with the student are also under observation. Till now, 1,793 people who traveled from coronavirus affected countries have been identified and placed under surveillance in Kerala.

Defence Expo 2020: Uttar Pradesh‘s capital city will host 11th edition of biennial Defence Expo 2020 from February 5th to 9th. The event will be inaugurated by Prime Minister Narendra Modi, on February 5. Nearly 1,000 exhibitors will participate in the event including 165 foreign companies from the US, France, Germany, Russia, Israel, Australia etc. The theme of DefExpo 2020 ‘India: The Emerging Defence Manufacturing Hub’ will cover the entire spectrum of the country’s aerospace, defence and security interests.

Bank Credit: RBI data shows that Banks credit and deposits grew 7.21 per cent and 9.51 per cent to Rs 100.05 trillion and Rs 131.26 trillion, respectively, in the fortnight ended January 17.  In the year-ago fortnight, banks advance stood at Rs 93.32 trillion while deposits at Rs 119.85 trillion. In the previous fortnight ended January 2, credit had grown by 7.57 per cent to Rs 100.44 trillion and deposits by 9.77 per cent to Rs 132.10 trillion.

FCI: The Food Corporation of India will borrow Rs 1.36 trillion from the National Small Savings Fund (NSSF) to finance its increasing food subsidy bill in 2020-21, Budget documents showed. This is the highest in the past five years and almost 24 per cent more than last year. This explains the  ‘under-provisioning’ of food subsidy in the 2020-21 Union Budget for FCI. This is because together with the budgetary allocation of Rs 77,982 crore, the total funds available to it to procure grains from farmers and distribute it at cheap rates to ration card holders comes to around Rs 2.15 trillion.

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ALL News Headlines 2020 February 2ND

Union Budget 2020 India: Listing of insurance behemoth Life Insurance Corporation (LIC) may be done in the second half of the next financial year, Finance Secretary Rajiv Kumar said on Sunday. Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 on Saturday announced stake sale in LIC through an initial public offer in the next fiscal. There are a number of processes which have to be followed for the listing and some legislative changes would also be required for the listing of LIC.  “We will follow the extant procedure for listing and for other things including the legislative changes it requires in consultation with the Ministry of Law and that process we already started … listing in the second half of FY21 seems logical,” a LIC officer said.

Budget 2020 India: The Finance Minister Nirmala Sitharaman in her second budget speech announced major reforms in the education sector but the allocations for Educations and Skill development differ by a big margin. The education sector was allocated Rs 99,300 crore but the Skill development got only Rs 3,000 crore in its purse.

DDT: Finance Minister Nirmala Sitharaman on February 1  abolished dividend distribution tax (DDT). But the measure came with a twist, leaving a bitter taste on investors, particularly those falling in the higher income tax slabs. While the Centre abolished DDT, dividends will now be taxed in the hands of recipients at their applicable rate — which can be as high as 43 percent for the ultra-rich.

NRI Income Tax: Finance Minister Nirmala Sitharaman on February 2  announced that there is no intention to tax the global income of NRIs and only income generated in India will be taxed. “What we are doing now is that the income of an NRI generated in India will be taxed here. If he’s earning something in a jurisdiction where there is no tax, why will I include that into mine that has been generated there?” she said. “Whereas if you have a property here and you have rent out of it, but because you are living there, you carry this rent into your income there and pay no tax there, pay no tax here … since the property is in India, I have got a sovereign right to tax,” she further added.

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ALL News Headlines 2020 February 1ST

Budget 2020: Finance Minister Nirmala Sitharaman on Saturday announced an optional new income tax regime that levies a lower tax rate on people who do not want to claim any of the specified exemptions or deductions. At a Press conference after she presented the budget proposals in the Lok Sabha, Sitharaman said the intention was to reduce the rate as much as to simplify the tax structure.

“We wanted to be sure that the money is in the hands of people so we brought down tax for the middle class and the lower middle class,” she said.

Shaheen Bagh: In the backdrop of the forthcoming Delhi assembly elections, Delhi Lieutenant Governor Anil Baijal has directed Police Commissioner Amulya Patnaik to ensure outsiders and suspicious characters are thoroughly frisked before they can access the Shaheen Bagh protest side. Baijal’s clear directive comes against the backdrop of a shooting incident just 50 metres from the stage earlier in the day.

New tax regime: Chief Election Commissioner, his two colleagues and the key public service recruitment body Union Public Service Commission leadership will have to start paying more taxes from April next year. In her budget proposals that introduced a new tax regime for individuals to reduce tax exemptions for lakhs of taxpayers, Nirmala Sitharaman also incorporated a proposal to amend the law that had exempted the top-ranking functionaries from paying tax on four allowances.

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ALL News Headlines 2020 January 31ST

NIRVHYA CASE: Dec 16 gangrape convicts won’t be hanged tomorrow. Just 12 hours before the four men who raped a 23-year-old in 2012 were to be led to the gallows at Tihar, a Delhi court on Friday stayed the black warrant for their execution. This was the second time that their execution was put off by the judge. This time, the judge did not issue a fresh warrant for their execution.

THREE TERRORIST KILLED: Three men, suspected to be Jaish-e-Mohammed operatives, were killed in the gunfight that followed when a constable started searching the vehicle. Police said truck driver Samir Dar was trying to ferry armed terrorists to Srinagar from Dayalachak in Hiranagar area of Kathua district. Samir Dar, the driver of the truck that was intercepted near Jammu on Friday, is the Pulwama suicide bomber’s cousin, a senior Jammu and Kashmir police officer said. Samir Dar was among the three persons caught after the truck was intercepted at Ban toll plaza and searched.

ONLINE LOTTERY BAN: The Punjab government on Friday decided to ban all types of online lottery schemes in the state, an official spokesperson said. The ban, under Section 5 of the Lotteries (Regulation) Act 1998, would not only check illegal lottery business but also give a boost to the state’s tax and non-tax revenue, the spokesperson said after a Cabinet meeting here.

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ALL News Headlines 2020 January 30TH

Royal estate discovered: Archaeologists uncovered a gigantic complex in northern Israel that they think once served as a rural estate for ancient kings of biblical fame. The stunning building is in Horvat Tevet, an ancient site just outside modern-day Afula. About 2,900 years ago, archaeologists say, the structure served as a key place for Israelite officials to collect and redistribute agricultural produce from the region.

Farukkhabad hostage: Nearly 20 children have been held hostage by a man at his house in Uttar Pradesh’s Farukkhabad. The man, Suresh Batham, with criminal antecedents is reported to have invited the kids over to his place on the pretext of a birthday party and then held them hostage. When some local people tried to get the door opened, he started firing from inside injuring three policemen and a villager. Batham even hurled a low intensity bomb from the window.

Chatbot Meena: Google introduced chatbot Meena: “Meena is an end-to-end, neural conversational model that learns to respond sensibly to a given conversational context. The training objective is to minimize perplexity, the uncertainty of predicting the next token (in this case, the next word in a conversation). At its heart lies the Evolved Transformer seq2seq architecture, a Transformer architecture discovered by evolutionary neural architecture search to improve perplexity,” it said in a blog post.

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ALL News Headlines 2020 January 28TH

Palestine: US President Donald Trump unveiled his long-awaited Middle East peace plan Tuesday, calling for the creation of a State of Palestine with its capital in portions of east Jerusalem, saying it is a “win-win” opportunity for both Israel and the Palestinians. The plan calls for the creation of a State of Palestine with its capital in portions of east Jerusalem, ending speculation as to whether his administration, in preparing a proposal without input from Palestinian leaders, would abandon a “two-state resolution” to the conflict.

Online Food Industry: India’s online food industry heading to become a $8 billion market by 2022 — growing at a CAGR of 25-30 per cent, a new report said on Tuesday. The report by Google and Boston Consulting Group (BCG) revealed that variety in cuisines (35 per cent) was one of the top reasons for recurrent use of online food ordering apps, followed by good discounts and convenience.

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ALL News Headlines 2020 January 26TH

RD: India marks its 71th Republic Day today, the occasion commemorating the Indian Constitution coming into effect after careful deliberations in the Constituent Assembly. The day marked the completion of independent India’s transition towards a nation that defines itself a republic.

CAA: The European People’s Party (EPP) Group, a centre-right group that is the largest with 182 Members of the European Parliament (MEPs), said the CAA “is selective and excludes Muslims from provisions provided to other religious groups” and expressed concern about the “wide range of negative consequences that it might have for India’s international image and internal stability”.

MAN KI BAT: In his “Mann ki Baat” programme, Prime Minister Narendra Modi Sunday said the insurgency in the Northeast had reduced significantly due to “peaceful dialogue”. “Those who had strayed towards the path of violence, have expressed their faith in peace and decided to become a partner in the country’s progress and return to the mainstream,” Modi said, adding that as many as 644 militants of eight different militant groups had surrendered in Assam.

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