A 17 year old girl had gone missing after leaving a suicide note, in which she blames Mumbai Police former DIG Nishikant More of molesting her. More and the victim’s father are friends, and the former had visited their house on the victim’s birthday party, where he tried to molest her. She also mentioned that More is pressurising the victim’s family to withdraw the case. Her brother too made allegations that constable Dinkar Salve had been threatening the family for taking the case back. The family has…
Month: January 2020
CAA is anti-constitutional in nature, it should be scrapped: Amartya Sen
Reiterating that the new citizenship law is not in tune with the Constitution, Nobel laureate Amartya Sen has demanded that the legislation be scrapped. “Under this Act, whether citizenship will be given or not will be decided after ascertaining the religion of a person. This definitely is not in tune with the Constitution,” said Sen, who won the Nobel Prize in Economics in 1998. “I feel the law should be scrapped, because such an Act should not have been passed in the first place,” he said. Sen…
Air India won’t be shut down: Aviation Minister
Civil Aviation Minister Hardeep Singh Puri in an interview has said the government is confident that its efforts to sell Air India will be successful this time. Puri has said the airline won’t be shut down and exuded confidence that investor response would be favourable, considering Air India’s robust service network on both domestic and international routes, besides its strong brand recall. He has also said that the government wants an Indian entity to acquire it for strategic objectives. In his words privatization was the only way forward…
Iran, Geopolitical Event Risk and Portfolio Protection
The Iranian rocket attack on U.S. forces based in Iraq has sent markets into turmoil and investors racing for safety. The Dow Jones Industrial Average Futures fell more than 400 points immediately after the attack, but were able to recover thereafter. They were most recently down about 140 points with the S&P 500 and Nasdaq Composite futures following suit. It’s a very classic risk off trigger to a market that has of late become increasingly overbought due to early signals of a potential economic rebound in the backdrop of…
World’s highest rail bridge to be ready by December 2021
The world’s highest rail bridge that shall connect Jammu Kashmir to the rest of the country will be completed by next year as the government has set a fresh deadline for its completion. The line is expected to be 35 meters taller than the Eiffel Tower. Konkan Railway termed it as the most challenging project in post independent history of Indian railways. “It is the most challenging task in the 150-year long history of Indian Railways. The highest railway bridge in the world connecting Jammu Kashmir to the…
IT company owner offers Rs 1 crore to Tirupati Lord Venkateshwara
A Bengaluru based IT company owner on Monday has donated a DD of Rs 1 crore to Lord Venkateshwara at the Tirumala hill temple, with a request to use the fund for the temple-run Sri Venkateshwara Gosamraksha (care and protection for cows) Trust. A senior temple official told that the devotee, Amarnath Chowdhary and his wife, after offering worship at the hill temple, handed over the DD to the additional executive officer of Tirumala Tirupathi Devasthan (TTD), A V Dharma Reddy. TTD governs the shrine, and the payment…
Axis Bank sees high attrition rate, nearly 15,000 employees quit in last few months
According to a latest report of Economic Times, nearly 15,000 employees of Axis Bank are reported have put in their papers within a short span of time leaving the bank’s branches struggling to meet the workload. The high rate of attrition seen among the staff is a result of the bank’s gross change in its functioning. The appointment of Amitabh Chaudhry as the Chief Executive and the changes he has introduced has put an excessive pressure on several officers who have opted to leave Axis Bank. It is noteworthy…
Is PM skipping Khelo India Youth Games inauguration?
PM Narendra Modi might skip the inauguration of Khelo India Youth Games 2020, to be held in Guwahati, Assam. The games come amid protest against the Citizenship Amendment Act. The All Assam Students Union (AASU), a students’ body that has been leading protests against CAA in most parts of Assam, has warned of huge demonstrations, if the PM attends the event. The development comes weeks after the annual Japan Summit scheduled to be held between December 15-17, got cancelled due to protests. The meeting between PM Modi and his Japanese…
Civil Rights Leaders to Nancy Pelosi: Pass Bill to End Muslim Ban
On Wednesday, a diverse group of civil rights and social justice leaders sent a letter asking House Democratic leaders to schedule a markup and vote on the NO BAN Act (H.R. 2214), a bill that would end President Trump’s Muslim Ban and end religious discrimination in our immigration laws. Noting that House Democrats have already passed other, historic civil rights bills this term—such as the Violence Against Women Act, the Voting Rights Advancement Act and the Equality Act—the civil rights leaders called for Democrats to take similar action and pass the historic…
College degrees not always required for skill-based jobs: Ivanka Trump
Ivanka Trump, an American business woman and a senior advisor to the President of USA Donald Trump since 2017, was the invited guest for “The Path of Future Work” talk program at the ongoing CES 2020 in Las Vegas. Ivanka was on the stage with the host of the show Gary Shapiro. While discussing on job creation, apprenticeship programs and skill training in the United States, Ivanka said the commonly held belief that college degrees are needed to enter the workforce, was misplaced. While it is a ‘great path’,…