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Mon, 04 September 2017
BRICS declaration may strain China-Pak ties: Experts

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23:43   Disability pension for defence forces at par with civilians
The government has accepted the recommendations of a panel that parity with civilians for the grant of disability element to the defence forces under the 6th Central Pay Commission should be maintained, according to an official statement today.
The armed forces have been pressing for reverting to the percentage-based regime for disability pension and were strongly opposed to the slab-based system conceived by the 7th CPC.
The matter was referred to the National Anomaly Committee by the ministry of defence to decide methodology for calculation of disability element of disability pension under the 7th CPC.
"The National Anomoly Committee has recommended that parity with civilians for grant of disability element which was granted to the defence forces under the 6th CPC shall be maintained.
"The recommendations of the NAC have been considered by the government," said a statement by the Department of Ex-Servicemen Welfare (DESW) under the defence ministry. Heeding to a major demand of armed forces personnel, in May this year, the government decided to continue with an earlier system of disbursing disability pension and not to go ahead with a new regime recommended by the seventh CPC.
The Ex-Servicemen Health Contributory Scheme (ECHS) has launched 'Complaint and Litigation Reduction Scheme (CLRS)', for the grievance redressal of veterans and their dependents.
"This will assist us in our increased focus on formulation of caring policy and implementation initiatives preserving the time and resources of our veterans who have served the nation in a selfless manner," an army official
said. 
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23:07   BRICS declaration may strain China-Pak ties: Experts
The move to name some Pakistan-based terror groups in the BRICS declaration would "irritate" Islamabad and may strain its ties with China, a Chinese scholar said in a rare criticism of the government's decision.
Hu Shisheng, director of the state-run China Institute of Contemporary International Relations, said Chinese diplomats will have a lot of explanation to do to Pakistan in the coming months. "How will we carry forward?"
He also said that naming the Haqqani network, which operates in Afghanistan and targets the NATO forces stationed there, in the document was "beyond my understanding".
"The head of the group is also the actual head of the Afghan Taliban. It will make China's role for Afghan political reconciliation process more difficult. Or you can say we have no role to play in future," the expert told PTI.
His criticism of China came after the BRICS declaration in the Chinese city Xiamen named the terrorist groups -- including the Lashkar-e-Taiba, the Jaish-e-Mohammad, the Taliban, and the Haqqani Network -- for causing violence in the region.
"It is beyond my understanding how China agreed to this. I don't think it is good idea," Hu said.
"I think some persons who prepared this declaration got mislead. Otherwise I could not understand why," he said.
In the light of the inclusion of the JeM, China may reconsider its stand on blocking a proposed UN ban on the leader of the group, Masood Azhar, the Chinese expert said.
Hu said the declaration will augment pressure on Pakistan, especially after US President Donald Trump rebuked Islamabad for harbouring these terror groups on its soil.
"This will irritate Pakistan. I don't think when the BRICS declaration was made, Pakistan was consulted. In the coming days Chinese diplomats have to explain to Pakistan.
"I am not against listing LeT and JeM as terrorist groups. But there are more deadly groups than these like Lashkar-e-Jhangvi al-Alami of Pakistan, which was behind killing of two Chinese youths in Balochistan," he said.
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22:20   Only loyal workers who take on BJP, RSS will get tickets in Gujarat: Rahul
Congress vice president Rahul Gandhi on Monday said only genuine party workers who have fought against the Bharatiya Janata Party and its ideological parent Rashtriya Swayamsevak Sangh will get tickets to contest the Assembly polls in Gujarat.
In an interaction with Congress workers aimed at galvanising them ahead of the polls due later this year, he assailed Prime Minister Narendra Modi's development model, which he claimed had failed in Gujarat.
He attacked the NDA government over a host of issues-- from demonetisation to unemployment--as he interacted with party workers on the Sabarmati riverfront.
"Tickets will be distributed soon and only to genuine party workers who have fought against the BJP and RSS. Those who parachuted into the party recently would not be given tickets," he said, responding to a question by party worker Satish Pandya, who claimed Congress gave tickets to only those with money and muscle power.
At the interaction called 'Samvad', Gandhi raised various issues like demonetisation, goods and services tax (GST), unemployment, alleged plight of farmers, and "poor" healthcare and eduction, to target Modi and the BJP.
He said all these will ensure the defeat of the BJP in Gujarat.
"The BJP and Prime Minister (Narendra Modi) are scared of the outcome of the Gujarat assembly polls. You cannot hide the truth for long," Gandhi said, asserting the Congress, which has been out of power in the state for over two decades, will win the election.
Taking about Modi's development plank, he said the "hollowness" of the BJP's "Gujarat model of development" stood exposed.
"This model did not help anyone, be it youth, farmers, small businessmen or shopkeepers. Only select 5-10 persons benefited from it," he said.
State Congress president Bharatsinh Solanki read out the questions submitted by party workers beforehand.
Responding to a query about whether media was controlled by the BJP, the Congress leader said the Modi government was putting "undue pressure on media".
"Modiji gives money to big corporate houses which control media. In Gujarat, six to seven friends of Modi are controlling the media. We know that Modiji is pressuring the media. Even some media persons have told me that they are scared," he claimed.
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21:50   Three service chiefs call on Sitharaman
The Army, Navy and IAF chiefs today called on newly appointed Defence Minister Nirmala Sitharaman and apprised her about the overall security challenge and preparedness of the forces.
The service chiefs also briefed Sitharaman about the operational preparedness and major issues concerning the forces during the meeting at her residence, official sources said.
Sitharaman is likely to take charge of the ministry on Wednesday as senior minister Arun Jaitley is attending a two- day bilateral security dialogue in Japan as defence minister.
Jaitley, who was holding the additional charge of defence, had said yesterday that he is attending the dialogue with Japan due to logistical constraints.
Sitharaman yesterday became the first woman in the country to hold the defence portfolio as a full-time minister. The 58-year-old Rajya Sabha member is the second woman to take charge of the crucial ministry. Indira Gandhi, as the Prime Minister, had also held the portfolio.
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21:35   RBI includes HDFC Bank in 'too big to fail' list
The Reserve Bank of India today included HDFC Bank in the list of 'too big to fail' lenders, referred to as D-SIB or domestic systemically important bank.
India's largest lender SBI and private sector major ICICI Bank were classified as D-SIBs in 2015.
With the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.
SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.
"The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has already been phased-in from April 1, 2016 and will become fully effective from April 1, 2019," the Reserve Bank said in a statement.
The additional CET1 or core capital requirement will be in addition to the capital conservation buffer, it added.
The RBI had issued the framework for dealing with D-SIBs in July 2014.
As per the framework, the RBI has to disclose the names of banks designated as D-SIBs every year in August starting from 2015 and place these banks in appropriate buckets depending upon their Systemic Importance Scores (SISs).

SIBs are seen as 'too big to fail (TBTF)', creating expectation of government support for them in times of financial distress. These banks also enjoy certain advantages in funding markets.
On the downside, according to some experts, expectations of government support amplifies risk-taking, reduces market discipline, creates competitive distortions and increases probability of distress in future. 
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21:05   North Korea is 'begging for war': US tells UNSC
North Korean leader Kim Jong-un is "begging for war", the United States Ambassador to the United Nations Nikki Haley said at an emergency meeting today.

Haley urged the UN Security Council to adopt the strongest sanctions measures possible to stop Pyongyang's nuclear program. 

"Enough is enough," Haley said. "We have taken an incremental approach, and despite the best of intentions, it has not worked."
   
She added that while the United States did not want war, US patience is not unlimited when Pyongyang is threatening with missiles pointed at US territories.

The meeting was held over North Korea's latest missile launch yesterday, which the state said was an advanced hydrogen bomb for a long-range missile.

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20:55  
Govt extends date of filing of GST returns for July and August
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20:35   Host of firms bid to supply security features for notes
A host of foreign and domestic firms, including Honeywell International and De La Rue India, have participated in bids for supply of security features for Indian banknotes to the Reserve Bank.
The RBI had issued global tender for procurement of currency security features for currency notes in July.

It had issued the tender for different types of security threads, colour-shifting ink, foil patch having fluorescence and micro-text, various types of security fibres, advanced watermark, and micro perforation.
Papierfabrik Louisenthal GmbH, Uflex, Fedrigoni SpA, Krypten Research & Production, S Luminescence International, Leonhard Kurz Stiftung & Co KG, S Manipal Technologies, S De La Rue India, and Honeywell International Inc, are among the firms which have participated in the bid, RBI said today.
The bids were opened on September 1, it added.
In a push to 'Make in India' initiative, the tender document for security features specified that successful bidders will be required to set up the "manufacturing facility" in India within two years from the date of signing
of contract and increase the local content in planned manner from the third year.
The local suppliers are exempted from experience and past performance criteria, and average annual turnover requirement.
Post demonetisation of November 2016, the RBI had introduced Rs 2,000 notes and new look Rs 500 notes with advance security features.
The central bank has also come out with a new Rs 200 note besides a different looking Rs 50 note.

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20:06   Doklam standoff: The takeaways for India
There are still many unknowns about the Doklam standoff, what led to it and its de-escalation -- some of which will stay unknowns. 

There also remain questions, including its broader implications and longer-term impact. More immediately, its diplomatic resolution has been rightfully greeted with a sense of relief. 

Some have suggested that this outcome was inevitable since China and India have dialogue mechanisms, experience dealing with such incidents, and more to lose than gain by conflict. But the risk of escalation is always present in such standoffs.

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19:56   BJP doesn't dictate food habits: Modi's new minister on beef ban
On the first day in his new office as tourism minister, bureaucrat-turned-politician Alphons Kannanthanam touched upon the controversial issue of beef, saying it would continue to be consumed in Kerala.
Talking to PTI, the 1979 Kerala cadre officer said that the Bharatiya Janata Party had never said that beef cannot be eaten.

"As Goa chief minister, Manohar Parrikar has said that beef will be consumed in the state. Similarly, it will be consumed in Kerala," he said.
"The BJP does not mandate that beef cannot be eaten. We don't dictate food habits in any place. It is for the people to decide," he said.
Kannanthanam said if a BJP-ruled state like Goa was eating beef, there should be no problem in Kerela.
He later told a TV channel that he act could be a bridge between the Christian community and the BJP.
Addressing some of the concerns that were raised by the Christian community about the BJP in the past, Kannanthanam said it was mere propaganda.
"There was a lot of propaganda in 2014, that if Modi comes to power Christians will be burnt, churches will be demolished. The prime minister has made it clear that believe whatever you want, I will protect you. The PM has done a fantastic job in taking everyone along," he said.
Parrikar, in July, had said in the assembly that he would ensure that there was no shortage of beef in the state and, if required, it would be imported from neighbouring states.
Cow slaughter is banned in as many as 21 states. Consumption of beef has also been barred in some of these states, including Chhattisgarh, Haryana, Jammu and Kashmir, Jharkhand, Maharashtra and Uttar Pradesh. It is also banned in the Union Territory of Chandigarh.
Kerala is among eight states where there are no restrictions on cow slaughter.

Alphons Kannanthanam takes oath on Sunday at Rashtrapati Bhavan. Photograph: PIB
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18:56   Dera violence: Punjab Police arrests one of the main accused
The Punjab Police today claimed to have arrested one of the main accused who allegedly triggered violence and arson in the state following the conviction of Dera Sacha Sauda chief Gurmeet Ram Rahim Singh.

Duni Chand, who had gone underground after the incidents of violence, was nabbed near village Gujjran in Sangrur by a police team, Sangrur SSP Mandeep Singh Sidhu said. 

Also, a car, Rs 1.70 lakh in cash, red chilly powder and literature related to Dera Sacha Sauda were also recovered from his possession, he added.

Police said that days ahead of the CBI court's verdict in rape cases against Ram Rahim Singh, an eight member "youth brigade" was formed to trigger violence in Punjab if the judgement goes against the Dera chief.

During investigation, police came to know about the alleged conspiracy to spread arson and riots in Punjab following Dera chief's conviction.
About 28 incidents of arson, damage to state, central government offices or properties in seven districts of the Malwa region were reported.

The SSP said that Duni Chand, during interrogation laid bare the conspiracy, told police that one Rakesh Kumar, who was closely connected with the Dera, allegedly formed an eight member "youth brigade" called the "A -team" to set in violence in Punjab after the verdict of special CBI court in Panchkula went against Ram Rahim Singh.
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18:40   China avoids Azhar ban issue after BRICS declaration names JeM
China today parried questions on any change in its stand of blocking Jaish-e-Mohammad chief Masood Azhar's banning by the UN, even as the declaration of the BRICS Summit for the first time named the terror outfit along with other Pakistan-based groups for spreading violence in the region.

A veto-wielding permanent member of the Security Council, China has repeatedly blocked moves to ban Azhar under the Al Qaeda Sanctions Committee of the Council.

"On participating in international campaign against terrorism, our position is consistent and firm," Chinese foreign ministry spokesman Geng Shuang told a media briefing, commenting on the strong stand taken by BRICS countries, including China, by naming Pakistan-based terror outfits among
those spreading violence in the region.

He, however, skirted a direct response to a question on whether the naming of JeM by the BRICS in which China is a prominent member marks a change in Beijing's stand of opposing the ban against Azhar, who heads the group.

"I have not seen the BRICS joint declaration and don't know the specific content," Geng said.

"On the counter terrorism cooperation among the BRICS countries, we are very satisfied with the achievements made by the BRICS. We have a working group on terrorism," he said.
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18:10   British citizen held for 'sodomising' visually-impaired kids
A 54-year-old British national has been arrested for allegedly sodomising three visually-impaired minor inmates of the National Association for The Blind in south Delhi's RK Puram, the police said today.

The police were informed yesterday about the incident.

During inquiry, the alleged involvement of Murray Denis Ward, a British national and a frequent visitor to the institute, came to the light, the police said, adding that Ward had been associated with NAB as a regular donor for almost nine years.

Ward, who was subsequently arrested, allegedly sexually harassed the three NAB inmates on September 2, the police said.

His cell phone was being examined, the police said, adding that they had found a couple of "objectionable" video clips from his laptop.

Ward, a native of Gloucestershire, United Kingdom, was working with Sterlite Technology Limited in Gurgaon till April.

He had suffered a paralytic attack in February and has been under treatment since then. 
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18:02   3,600 cops, 53 roads to be closed: Mumbai prepares to bid adieu to Ganpati
Ganesh Utsav is coming to an end, which means that it is time for Ganesh to bid goodbye and his idols to be immersed in water. 

In preparation for the big day, Mumbai police has stated that it will deploy 3,600 cops on special duty to ensure the safety of Mumbaikars. Additionally, 500 traffic wardens will be on duty to ensure smooth movement of traffic. 

It is also reported that 53 routes will remain closed, while 54 other routes will be made one way and 99 places will be notified as no parking zones for tomorrow. 

The Indian Navy and India Coast Guard choppers would mount aerial surveillance while patrol boats would maintain vigil along the coastline of Mumbai and its suburbs. 
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17:41   Children deaths: Cong accuses BJP govts of criminal negligence
The Congress today said the criminal negligence of BJP governments in Uttar Pradesh and Jharkhand had led to the deaths of hundreds of children and asked Prime Minister Narendra Modi to take decisive action in the matter besides coming out with a statement on the issue.

"Will the prime minister and the health ministry wake up from their slumber," Congress communications in-charge Randeep Surjewala asked.

The question was whether they would take "decisive action" against the governments and health ministers of UP and Jharkhand, he said.

The Congress also urged the prime minister to issue a statement on the deaths and asked if he would now take action against the Union health minister and his ministry "who have been criminally complicit in ignoring this entire episode".
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17:17  
JUST IN: Four jawans injured after terrorists lobbed grenade on CRPF patrolling party in Anantnag's Qazigund
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17:12   Family of TN girl who killed self over NEET sends back Rs 7 lakh cheque
The family of 17-year-old Anitha, who killed herself last week after failing to get admission to a medical college, has rejected the Tamil Nadu government's offer of Rs seven lakh in financial aid. 

"Anitha died to get exemption from NEET and not for any government aid," Anitha's brother Mani Ratnam said, turning away G Laxmi Priya the district collector of the state's Ariyalur, who visited the family to hand over a cheque. 

Anitha was the daughter of a poor, Dalit daily-wage labourer, whose dream was to be a doctor. She scored excellent marks in her Class 12 exams and hoped they would help her get admission to a medical college. 

But the Supreme Court ordered last month that admissions in Tamil Nadu would be based not on Class 12 marks but on NEET, the national common entrance exam, which Anitha could not crack. 

She had pleaded before the Supreme Court that poor students like her who lived in villages could not afford private coaching classes that richer students in cities could, giving them an advantage in the competitive exam. 

There have been protests across the state since Friday, when Anitha hanged herself. Amid huge public anger, activists and political rivals have accused both the E Palaniswami government of the AIADMK in the state and the BJP government at the Centre of letting down the state's students. 
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16:30  
JUST IN: Congress vice president Rahul Gandhi to visit the US, will take part in an event at Silicon Valley
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16:28   Defamation case by Jaitley: Delhi HC fines Kejriwal for delay in response
The Delhi high court on Monday levied a fine of Rs 5,000 on Arvind Kejriwal for delay in filing his reply in the civil defamation case filed by Arun Jaitley. 

The finance minister had filed a civil defamation case against the Delhi chief minister objecting to the use of a derogatory word by Kejriwals lawyer Ram Jethmalani in court.

The Delhi HC had sought Kejriwals response as to why the defamation proceedings should not be initiated against him. During a cross-examination by Jethmalani of the Union Minister before Joint Registrar in the Delhi high court on May 17, Jethmalani had used the term crook to which the senior BJP leader took offence and filed a civil defamation case. 

The Joint Registrar had asked the AAP leader to file his reponse by July 26.
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16:08   Modi hails GST, Make in India at BRICS biz council meet
Prime Minister Narendra Modi speaks at BRICS leaders dialogue with BRICS Business Council in Xiamen:

- The Goods and Services Tax is India's biggest economic reform ever.

- Programmes like Digital India, Start-Up India and Make in India are changing economic landscape of the country.

- These programmes are helping turn India into a knowledge based- skill supported- technology driven society.  -- ANI
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15:58   Gold prices soar post N Korea's nuke test
Gold prices surged by Rs 200 to trade at Rs 30,600 per 10 gram -- its highest level this year -- at the bullion market today after North Korea conducted its most powerful nuclear test, escalating the geopolitical tensions.

Besides, increased buying by local jewellers lifted gold prices to this year's highest level.

Silver also moved up by Rs 200 to Rs 41,700 per kg backed by increased offtake by industrial units and coin makers.

Bullion traders said a firm trend overseas where gold hit 10-month high on mounting geopolitical tensions after North Korea's latest nuclear test drove investors towards the safe-haven assets, mainly buoyed sentiment in New Delhi.

Globally, gold rose 0.71 per cent at $1,333.80 an ounce in Singapore.

In the national capital, gold of 99.9 and 99.5 per cent purity climbed by Rs 200 each to Rs 30,600 and Rs 30,450 per 10 gram respectively.

The precious metals had gained Rs 350 in the previous two sessions.

Sovereign however remained unaltered at Rs 24,600 per piece of eight gram.

Following gold, silver ready advanced by Rs 200 to Rs 41,700 per kg and weekly-based delivery by Rs 540 to Rs 40,560 per kg.

Silver coins however continued to be traded at previous level of at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.  -- PTI
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15:41   Saina Nehwal back to train with coach Pullela Gopichand
Just in: Saina Nehwal returns to the Gopichand Centre. Three years after parting ways, National coach Pullela Gopichand and his star player Saina Nehwal seem to have buried the hatchet.

Saina, who started talking to the coach during the World Championships in Glasgow a week back, began training at his academy recently.

In 2015, when asked what went wrong with Gopichand as her coach, Saina said their off-court planning was not fructifying on the court as she was losing to players like China's Li Xuerui.

"I cannot exactly say what happened but the training which I got was not up to the mark. We discussed on my game but whatever we applied on the court did not work out for me. My game required something different, something else," she said.

"Not every coach can read the game properly. Sometimes, the coach may not know how to improve from one stage to another. Somehow I got stuck at one place, not improving from that zone," she added.
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15:32   Arms and the man: Huge haul of weapons at Dera HQ
The Haryana Police on Monday recovered a huge cache of ultra-modern arms and ammunition from the headquarters of Dera Sacha Sauda in Haryana's Sirsa.

They recovered 33 licensed arms, which include 9-mm pistols, several single and double-barrel rifles and a modified carbine.

Dinesh Kumar, Sirsa Sadar SHO, confirmed that these arms were recovered from the Dera premises.

He said that soon after Ram Rahim's conviction, their target was to recover all licensed as well as illegal arms from the Dera chief's followers.

"All followers inside the Dera posess such weapons. There are almost 67 weapons with the people living in Dera, out of which, the police have recovered 33. The police have given strict orders that an action would be taken against those found possessing such weapons," he said.

Earlier yesterday, a Dera Sacha Sauda follower allegedly committed suicide by hanging himself at Haryana's Ambala Jail.Ravindra, a resident of Uttar Pradesh's Sarsawa, was arrested in Panchkula on August 25 when Dera Sacha Sauda chief Gurmeet Ram Rahim Singh was convicted in a rape case.

The Dera Chief was convicted by a CBI court in Panchkula on August 25 following which violence had erupted in Haryana and neighboring states. 38 people were killed and around 250 injured in the violence.

The Haryana Police had also arrested many Dera followers for creating a ruckus post Ram Rahim's conviction.Earlier on August 28, a CBI court awarded a 20-year jail term to the Dera Sacha Sauda chief in connection with two rape cases. The term in both cases is concurrent, forming an effective term of 10 years
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15:03   William and Kate expecting third child
The Duke and Duchess of Cambridge, William and Kate, are expecting their third child, Kensington Palace announced today.

The press release said the Queen and both the families were "delighted with the news".

The announcement said the duchess would not be carrying out royal engagements as she is suffering from from hyperemesis gravidarum, or severe morning sickness, which she also had during her first two pregnancies.

Catherine is being cared for at Kensington Palace, the statement said.

The royal couple have one son, George, and one daughter, Charlotte.
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14:54   JD-U never thought of being part of Cabinet, says furious Nitish
Bihar Chief Minister Nitish Kumar on Monday blamed the media for blowing Janata Dal (United)'s (JD(U)) non-inclusion in the reshuffle of the Union Cabinet, out of proportion.


Speaking at a press conference, Nitish said, "During the reshuffle of the Cabinet, I was furious because the JD(U) was all over and was making headlines. My party's name has been dragged without any reason under all false charges. Also, the expansion of the Union Cabinet along with the NDA Government in Bihar is doing a good job. There was no need of it."


The Chief Minister categorically stated that his party was neither expecting nor planning to discuss the expansion of the Cabinet."We never thought of getting a share in the central Cabinet and were not looking forward to it," he added.


Yesterday, the third reshuffle of the Union Cabinet, by Prime Minister Narendra Modi saw the promotion of several ministers, and the induction of new faces.There are 49 parties currently under the NDA umbrella, out of which none found a berth in the Cabinet expansion.


In two of the nine major changes in the Cabinet, Union Minister Piyush Goyal has been given the charge of Railway Ministry, while Nirmala Sitharaman has been assigned the charge of the Defence Ministry, making her only the second woman to hold the post since late Indira Gandhi.
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14:37   Explore possibility of banning Blue Whale game: HC to Govt
Taking a serious view of the Blue Whale Challenge game, the Madras High Court today directed the Central and Tamil Nadu governments to explore possibilities of banning it.

Initiating suo motu proceedings in the matter, Justices K K Sasidharan and G R Swaminathan of Madurai bench issued notice to the Union Information and Broadcasting Secretary and state Home Secretary and IT department and made several suggestions.

The bench asked them to find out the possibility of banning the game and directed that IIT-Madras Director be impleaded in the case to offer suggestions to ban such online games.

During the hearing of the matter, the state government informed the court that the student who ended his life here had shared the game with 75 others. However, all of them had been prevented from playing it, the government counsel added. The judges suggested to the state DGP and Home Secretary that severe warning be issued to those who shared the 'dangerous' online game with others.


Sketch: Dominic Raja/Rediff.com.
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14:28  
Union minister Rajyavardhan Singh Rathore at the wreath laying ceremony of CRPF's Jaswant Singh who lost his life in Pulwama encounter
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14:11   North Korea shoots down Sensex, drops 294 points
The benchmark BSE Sensex dropped further by 294 points while the Nifty fell below the 9,900 level due to a flurry of selling triggered by escalated geopolitical tensions following North Korea's testing of hydrogen bomb. Heavy capital outflows by foreign investors dampened the trading sentiments, brokers said.

The Sensex dropped by 293.68 points, or 0.92 per cent at 31,598.55 at 1215 hours as losses in Adani Ports, Infosys, L&T and HDFC Bank widened.

The NSE 50-share Nifty also dropped by 101.45 points, or 1.01 per cent, to fall below 9,900-level at 9,872.95. Adani Ports fell 3.12 per cent, Infosys by 2.18 per cent, Tata Motors by 1.95 per cent, Hero MotoCorp by 1.64 per cent and Dr Reddy's by 1.55 per cent. Asian Paint dropped 1.53 per cent, Bharti Airtel by 1.51 per cent and L&T 1.40 per cent.

Overseas, most of Asian markets suffered heavy to moderatre losses, with Japan's Nikkei and Hong Kong's Hang Seng declining 0.93 per cent each, while Singapore fell 0.95 per cent. Investors tuned to safe-haven investments like gold, silver, Treasury futures and Japanese yen amid growing global tensions.
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14:08   Rajyavardhan Rathore takes charge as sports minister
Rajyavardhan Singh Rathore takes charge as Minister of State (Independent Charge) of the Ministry of Youth Affairs and Sports.

The 47-year-old Rathore was till now serving as minister of state for information and broadcasting. Rathore takes over from Vijay Goel following a major cabinet reshuffle by Prime Minister Narendra Modi.

Colonel Rathore first stepped in a shooting range in the mid 1990s and some years later, he became India's first ever individual silver medal winner at the Olympic Games. He stood on the podium after finishing second in the men's double trap at the 2004 Athens Games.
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13:28  
Hardeep S Puri takes charge as the Minister of State for Housing and Urban Affairs (Independent Charge), in New Delhi.
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13:12   Govt to expedite skilling of youth: Pradhan
The government will expedite its initiative to skill youth in different trades and develop entrepreneur skills as it looks to create employment avenues for one million youth who join the job market every year.

Dharmendra Pradhan, who took over as the new Minister for Skill Development and Entrepreneurship, said his priority would be to create an eco-system of jobs.

"Every year one million youth come in the job market. Our effort will be to coordinate with the state governments and other agencies to find employment avenues for them," he told reporters.

After coming to power in 2014, Prime Minister Narendra Modi created the new ministry for coordination of all skill development efforts across the country, removal of disconnect between demand and supply of skilled manpower, building the vocational and technical training framework and skill up- gradation, he said.

He said his job would be to skill youth on a large scale with speed. "We will increase the pace and take forward the work already done (under Rajiv Pratap Rudy)," he said.

Pradhan, who was elevated as Cabinet Minister for Petroleum and Natural Gas in the reshuffle carried out by Modi yesterday, said realtime data would be used to map sectorwise employment opportunities.
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12:33  
CORRECTION: The 2 terrorists killed in the Sopore encounter belong to Hizbul Mujahideen and not LeT as reported earlier.
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12:15   BRICS statement names Pakistan terror groups
"BRICS urges nations to adopt a comprehensive policy in combating terrorism, countering radicalisation and curbing terror financing. All BRICS leaders strongly condemned terrorism in all its forms, called for greater efficiency in designation of terrorists. For the first time there was specific listing of terrorists outfits. Leaders called on states to prevent financing of terrorist networks and  terrorist actions from their territories," says Preeti Saran, MEA .
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12:09   BRICS statement on Pakistan terror groups
BRICS Leaders Xiamen Declaration on Pakistan terror groups.

MEA statement: "We express concern on the security situation in the region and violence caused by the Taliban, ISIL/DAISH, Al-Qaida & its affiliates including the Haqqani network, Lashkar-e-Taiba, Jaish-e-Mohammad, TTP and Hizb ut-Tahrir in all its forms and manifestations wherever committed and by whomsoever and stress that there can be no justification. We deplore all terrorist attacks worldwide, including attacks in BRICS countries, and condemn terrorism. We strongly deplore the nuclear test conducted by DPRK (Democratic People's Republic of Korea)." 


Image: Preeti Saran, secretary (east), MEA, reading out the statement condemning terror at the BRICS summit.

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11:39   BRICS: PM meets Putin
PM Narendra Modi met Russian President Vladimir Putin on the sidelines of 9th BRICS Summit in Xiamen, China

The prime minister today sought a strong partnership among BRICS nations to spur growth, saying that the bloc has developed a robust framework for cooperation and contributed to the stability in a world "drifting towards uncertainty".

Addressing the plenary session of the BRICS Summit in China's Xiamen city, Modi said trade and economy were the foundations of the cooperation among BRICS -- Brazil-Russia- India-China-South Africa.

He also called for the creation of a BRICS rating agency to cater to financing needs of sovereign and corporate entities of developing countries. The prime minister said a strong partnership among member nations on innovation and digital economy can help spur growth, promote transparency and support the sustainable development goals. He also urged central banks of member nation to further strengthen their capabilities and promote cooperation between the Contingent Reserve Arrangement of the grouping and the International Monetary Fund.

The prime minister emphasised the need to accelerate track of cooperation in smart cities, urbanisation and disaster management. -- PTI
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11:30   New mantris begin work
Union Petroleum Minister Dharmendra Pradhan takes additional charge of the Skill Development Ministry, originally with Rajiv Pratap Rudy. 
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11:14   SC to hear plea against deportation of Rohingyas, today
The Supreme Court will hear the plea against the Centre's move to deport illegal Rohingya Muslims, who have entered India after fleeing ethnic violence in Myanmar on Monday.

The matter was mentioned by Advocate Prashant Bhushan in front of a bench comprising of Chief Justice of India Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud.

The plea was filed by two Rohingya immigrants, Mohammad Salimullah and Mohammad Shaqir, who claimed they had taken refuge in India after escaping from Myanmar due to widespread discrimination, violence and bloodshed against the community in that country.

The plea also stated that "this act (deportation) would also be in contradiction with the Principle of Non-Refoulement, which has been widely recognized as a principle of Customary International Law".

The Principle of Non-Refoulement prohibits states from sending back refugees to a country where their life may be in danger.

The Rohingyas fled to India after violence in the Western Rakhine State of Myanmar. -- ANI
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11:11   Amit Shah is the undisputed number two in the ruling regime
The much awaited reshuffle in the Narendra Modi government's council of ministers - billed to be the last before the 2019 general elections - has not been a blockbuster, except for the elevation of Nirmala Sitharaman as the new defence minister.


The real significance of the reshuffle, arguably, lies not in the changes it brought about in the government but the signal it sent out about the new power dynamics in the ruling Bharatiya Janata Party. The manner in which the reshuffle was executed marked one more step in a process that has been gathering steam for some time now - the replacement of singular supremacy by a formidable duopoly.  Read more
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11:08   By BJP, for BJP, of BJP (Sorry, Nitish)
An unspoken, though strong, message has gone out to the BJP's allies from the reshuffle of the Narendra Modi government: be content with what you have, at the moment there aren't even crumbs to spare for you.

NDA constituents, including Bihar chief minister Nitish Kumar's JDU, a high-value returnee to the fold, were given a cold go-by in the constitution of the Modi team.This could mean two inter-linked things - Modi and BJP boss Amit Shah are pushing on with achieving saturation political imprint for the party and do not mind if that happens at the expense or annoyance of allies, old and new. 

Read Sankarshan Thakur's column on the Telegraph.
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11:05   Demonetisation simply wasnt worth the time or effort
Also on the demonetisation disaster: The RBI's data, and the government's new narrative, is indicative of how badly demonetisation failed. Worse still, more important goals such as cracking down on benami property and reforming political funding are being gone about in a half-baked manner. Read more
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11:03   How the Modi govt kept changing the demo goal posts
What was the real objective behind demonetisation? Was it to curb corruption, hit the black economy and recover black money? Was it to force India into the digital economy era? Was it a way to tackle terrorism, trafficking and other such crimes? Or was it all part of efforts to herald change in India's economic and political funding landscape? Read more
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11:01   Naveen Jindal, others granted bail in coal scam case
Industrialist Naveen Jindal and others were today granted bail by a special court in a case related to the allocation of a coal block in Madhya Pradesh. Special Judge Bharat Parashar granted the relief to them on a personal bond of Rs 1 lakh each and one surety of like amount.


The court has now posted the matter for further hearing on October 31.


Besides Jindal, others who got the relief include Jindal Steel and Power Ltd's former Director Sushil Maroo, former Deputy MD Anand Goyal and CEO Vikrant Gujral. The accused were summoned for alleged offences of cheating and criminal conspiracy in the allocation of Urtan North coal block in Madhya Pradesh.


In its chargesheet, the CBI has alleged that JSPL misrepresented the equipment purchase orders and misled the Coal Ministry. Jindal is also facing trial in a case pertaining to the allocation of Amarkonda Murgadangal coal block in Jharkhand. -- PTI.
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10:58   Two terrorists killed in encounter in Sopore
Two terrorists have been killed an in an encounter out between security forces and militants in the Sopore township of north Kashmir's Baramulla district today, police said.

Acting on specific intelligence inputs about the presence of terrorists in Shanker Gund Brath area of Sopore, security forces launched a cordon and search operation (CASO) there, a police official said.

He said as the forces were conducting the search operation, the terrorists fired upon them. The forces retaliated, resulting in an encounter, the official said.
-- PTI

Representational image.
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10:04  
Prime Minister Narendra Modi seeks early creation of BRICS rating agency to cater to financing needs of sovereign and corporate entities of developing countries.

PM says BRICS has developed a robust framework for cooperation and contributed to stability and growth in a world drifting towards uncertainty. -- PTI
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09:54   Cooperation important for peace: PM at BRICS Summit
Prime Minister Narendra Modi at BRICS 2017 Summit:

- Cooperation is important for peace and development.

- NDB has started disbursing loans in pursuit to mobilise sources of infrastructure and sustainable development in BRICS countries.

- We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education.

- A strong BRICS partnership and innovation I am sure will be the instrument for progress.

- BRICS countries can work closely with ISA to strengthen the solar energy agenda.

- Our central banks must further strengthen their capabilities and promote co-operation between the Contingent Reserve Arrangement and the IMF. -- ANI
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09:39   Despite our differences, we must speak in one voice: Xi at BRICS
Chinese President Xi Jinping speaks at the BRICS Plenary Session:

- As the world undergoes profound changes, BRICS cooperation has become more important.

- Despite our differences in national conditions, our five countries are in similar stage of development and share same development cause.

- We should speak with one voice and jointly present our solutions to issues concerning international peace and development.

- Pleased to note important consensus reached at leadership level on closer people to people exchanges, being translated into reality.

- Our ever closer ties with rest of the world require that we five countries play a more active part in global governance.

- Without our participation, many pressing global challenges cannot be effectively resolved. -- ANI
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09:02   Forces to enter Dera HQ after HC appoints judicial magistrate:Khattar
Haryana Chief Minister Manohar Lal Khattar has said the Punjab and Haryana High Court was monitoring the Dera Sacha Sauda issue and the administration will enter the sect's headquarters at Sirsa after the court appoints a judicial magistrate for the purpose.

To a question why the administration was hesitating to enter the sect's headquarters, he said in Karnal, "The Punjab and Haryana high court is monitoring the entire (Dera) issue. We have sought appointment of a judicial magistrate and will also follow all the directions of the court."

Khattar said the forces cannot enter on their own.

"They cannot go on their own. The court is monitoring the entire thing... We do not want that any finger is pointed at us tomorrow that how we allowed them (the forces to go inside the sect's headquarters)," the chief minister said.

Khattar said the sprawling campus of the Dera at Sirsa, spread over 800 acres, would be searched only after a judicial magistrate is appointed for the purpose.

The HC had earlier taken up a PIL filed by Ravinder Dhull, a Panchkula resident, who had raised concerns over the law and order situation and stated that over 1.5 lakh people had reportedly entered the district earlier despite prohibitory orders. -- PTI
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08:47   Goyal's mother faints during swearing-in event, admitted to AIIMS
Chandrakanta Goyal, mother of Piyush Goyal, was admitted to All India Institute of Medical Sciences in New Delhi after she fainted during the swearing-in ceremony of new ministers at the Rashtrapati Bhavan.

She was brought to AIIMS from the venue, a source at the hospital said.

"She has been kept under observation at the ICU. Her condition is stable," the source said.

Piyush Goyal was on Sunday elevated as the railways minister.

The Union minister's mother, who is above 80 years, is admitted under Dr Nitish Naik, professor at the department ofcardiology in AIIMS.  -- PTI
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08:41   Another Indian student rescued from lake in hurricane-hit Texas dies
A 25-year-old Indian student has died in Houston, days after she was rescued along with another Indian man from a swollen lake in Texas where Hurricane Harvey wreaked havoc.

Shalini Singh, a student pursuing Masters degree in public health from the Texas A&M University, was rescued from the Lake Bryan, where she along with another Indian student Nikhil Bhatia, had gone swimming last Saturday.

While Bhatia died in hospital on August 30, Singh, who continued to be in a critical condition, was declared dead late last night.

Her younger brother and maternal uncle, who flew in from New Delhi on August 30, were with her at the time of death.

Singh, originally hailing from Delhi, came to the US only last month to pursue the two years Masters program after her degree in Dental Surgery from I T S Dental College in Greater Noida.

She will be cremated in Bryan on Tuesday or Wednesday, according to the consulate sources.

Singh continued to be on life support till intervening night of Saturday and Sunday, according to the Consulate officials, who were in regular touch with the family members in hospital.

According to their friends and some witnesses, Singh and Bhatia were swimming in the lake when a sudden current of water pushed them deeper.

The friends accompanying them noticed that the duo were in distress and flagged down nearby police officers. Bryan Police officers were able to rescue and provide cardiopulmonary resuscitation to the victims until medics arrived, according to Bryan Mayor Andrew Nelson.

Consul General of India in Houston, Dr Anupam Ray had been monitoring her medical needs and situation closely.

Around 13 million people were battling 'catastrophic' flooding and torrential rains in the storm-ravaged Texas where Hurricane Harvey has wreaked havoc, claiming at least 50 lives. -- PTI

Photograph: Shalini Singh/Facebook
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08:20   Xi welcomes PM Modi at BRICS Summit
Chinese President Xi Jinping welcomed Prime Minister Narendra Modi at the International Conference Center in Xiamen when he arrived for the welcome ceremony of BRICS Summit 2017.

On Monday, PM Modi will attend BRICS plenary session, opening ceremony of BRICS Cultural Festival in Xiamen.

He will also attend meeting with BRICS Business Council and Signing Ceremony in Xiamen. -- ANI

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