LIVE: Teamwork of AI with humans can do wonders for our planet, says PM

PM Modi addresses RAISE 2020 summit on Artificial Intelligence
PM Narendra Modi addressed the 'The Responsible AI for Social Empowerment (RAISE 2020)' Virtual Summit. PM lauded the summit and said that is a great way to encourage discussion on Artificial Intelligence. He highlighted that teamwork of humans with AI will help this planet. 

Further he said, the Centre launched ‘Responsible AI for Youth’ program this year in April. Over 11,000 students from schools completed their basic course under this. Now they are building AI projects:

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Govt appoints Ashima Goyal, Jayanth Verma, Shashanka Bhide as MPC members

The government has appointed three external members to the central bank’s panel that decides interest rates, said a government official. These three members are -- Ashima Goyal, member of Economic Advisory Council of Prime Minister, Shashanka Bhide, senior advisor at National Council for Applied Economic Research and Jayanth Verma who is a professor in Indian Institute of Management, Ahmadabad.
 
The appointment has come after the government faced widespread criticism over failing to act on time to appoint an external panel to the Monetary Policy Committee (MPC). Last week, Reserve Bank of India (RBI) had to defer its three-day interest-rate meeting, without giving any reasons or a new date of its policy decision. The meeting was scheduled on September 29, 30 and October 1. Read more

Govt appoints Ashima Goyal, Jayanth R Varma and Shashanka Bhide as MPC members

Govt appoints Ashima Goyal, Jayanth R Varma and Shashanka Bhide as Monetary Policy Committee members: PTI

Retd. judge moves SC, seeks probe into role of police in Hathras case

Retired judge moves Supreme Court seeking investigation into role of police officials, registration of FIRs against them over Hathras case.

AI will empower agri, health care and education: PM

I see a big role for AI in empowering agriculture, health care, education as well as creating next-generation urban infrastructure and addressing urban issues like reducing traffic jams, improving sewage systems. It can be used for making our disaster management systems stronger: PM

Centre forming e-Education forum to boost digital infra: PM

The National Educational Technology Forum is being formed. This will create an e-Education unit to boost the digital infrastructure, digital content and capacity: PM Modi at RAISE 2020 virtual summit

Transparency, accountability important for use of AI: PM

It remains our collective responsibility to ensure trust in how AI is used. Algorithm Transparency is key to establishing this Trust. Equally important is accountability. We must protect the world against weaponisation of AI by Non-State Actors: PM at RAISE 2020 virtual summit

11,000 students completed course under 'Responsible AI for youth': PM

We launched ‘Responsible AI for Youth’ program this year in April. Over 11,000 students from schools completed their basic course under this. Now they are building AI projects: PM Narendra Modi

Modi calls for team effort by humans with AI to build the planet

This is a great effort to encourage discussion on Artificial Intelligence. You all have rightly highlighted aspects relating to technology & human empowerment. The teamwork of AI with humans can do wonders for our planet: PM Modi at RAISE 2020 virtual summit

Small taxpayers can pay return quarterly: Revenue Secy

Small taxpayers will not be required to file monthly returns. They can file returns quarterly: Revenue Secretary

Rs 24,000 cr worth IGST dues will be given to states with less compensation: FM

Rs 24,000 crore worth IGST dues will be given to states which received less by the middle of next week. States which received more IGST dues before will not be asked to pay back the amount immediately but will be retrieved from them gradually. The entire IGST settlement will be done by next week: FM Sithararaman

Kerala FM Thomas Isaac says GST council meeting to meet again on Oct 12

10 states demand that full compensation should be paid to the  states during the current year as per clauses in the law and centre should borrow. Decision was postponed to the next meeting on 12th of October: Thomas Isaac

DMK takes out candle light vigil in Chennai against Hathras case

Army chief, Foreign Secy present 3000 vials of Remdesivir to Myanmar

Army Chief General MM Naravane & Foreign Secretary Harsh V Shringla presented 3000 vials of Remdesivir to State Counsellor of Myanmar, in their meeting today. FS indicated India’s willingness to prioritise Myanmar in sharing vaccines as and when these become available:  Report

Sitharaman's press briefing delayed as GST meet is still in progress

Centre to consider constituting a GoM on compensation issue: Report

Centre can consider constituting a GoM instead of committee of officers on compensation cess issue; to discuss extension of the cess levy, according to CNBC-TV18.

GST Council again begins deliberations on compensation issue: Report

GST Council again begins deliberations on compensation issue; Goa presented a proposal to hike cess on tobacco goods & reduce the borrowing under Option1, according to CNBC-TV18. The channel further reports that Punjab pitched for central borrowings; says, revenues improving, monthly compensation collections are now above Rs 7,000 crore; compensation shortfall of not more than Rs 60,000 crore will be needed.

Bengal govt building 8 medical colleges in states: CM Mamata

We are constructing about 8 government medical colleges in the state. We also have 88 new Polytechnic universities. We are also constituting universities in Alipur Duar, Raiganj, Dakshin Dinajpur and almost in all districts of the state: Mamata Banerjee, West Bengal CM

Women, girls from disadvantaged social groups at risk: UN in India

Cases of alleged rape, murder in Hathras, Balrampur another reminder that women, girls from disadvantaged social groups are at greater risk of gender-based violence: UN in India

FIR against Tejashwi Yadav, Tej Pratap in Dalit leader's murder case

A political storm has erupted ahead of the Bihar elections after an FIR was registered in the Khajanchi Haat police station in Purnia against Rashtriya Janata Dal (RJD) leader Tejashwi Yadav and his brother Tej Pratap Yadav. The duo has been named in an alleged case of murder of Shakti Mallik, a Dalit leader and former state unit secretary of the RJDs SC/ST cell.
 
A police official said on Monday that Mallik was shot dead by some unidentified assailants at his residence in Purnia on Sunday. Read more

FIR against Tejashwi Yadav, Tej Pratap in Dalit leader's murder case

A political storm has erupted ahead of the Bihar elections after an FIR was registered in the Khajanchi Haat police station in Purnia against Rashtriya Janata Dal (RJD) leader Tejashwi Yadav and his brother Tej Pratap Yadav. The duo has been named in an alleged case of murder of Shakti Mallik, a Dalit leader and former state unit secretary of the RJDs SC/ST cell.
 
A police official said on Monday that Mallik was shot dead by some unidentified assailants at his residence in Purnia on Sunday. Read more

Mallya extradition: Center says not aware of 'secret proceedings' in UK

The Centre on Monday told the Supreme Court that "secret" extradition process was going on to bring fugitive businessman Vijay Mallya to the country but it was not aware about its status.
 
The Centre also told the top court that it was not a party to the proceedings. A bench of Justices U U Lalit and Ashok Bhushan asked Mallya's lawyer to inform the court what kind of "secret" proceedings are going on to extradite him. Read more

India sees China digging in for winter in eastern Ladakh: IAF Chief

India sees China digging in for the winter along the disputed border in eastern Ladakh, the Indian Air Force Chief Air Chief Marshal RKS Bhadauria said on Monday.
 
The Air Force chief said that the next three months will depend on how talks between Indian and China progress. "Current progress is slow, what we see is [an] effort to dig in for the winter. We are taking action accordingly. Our further action will depend on the ground realities," Bhadauria said.
 
He also said that India realised in May that the border situation was unlike normal times. Chinese troops generally exercise at this time of the year. "We never expected them to move towards the border. But both the Indian Army and the IAF responded quickly and in record time," he said.

SpiceJet to start flights from India to London from Dec 4

SpiceJet on Monday said it will operate non-stop flights connecting Delhi and Mumbai with London from December 4. In a press release, the airline said it is the first Indian low-cost carrier to operate flights to the UK.

The Delhi-London flight and the Mumbai-London flight will operate under the air bubble agreement with the UK, it noted.

"SpiceJet will use an Airbus A330-900 Neo aircraft for these flights. The 371-seater twin-aisle A330 has a configuration of 353 economy and 18 business class seats," it added.

These flights from India will be operating to London's Heathrow airport, SpiceJet noted.

 

Flipkart partners Paytm for festive sale

Walmart-owned Flipkart on Monday said it has partnered with fintech major Paytm to provide customers a slew of offers and benefits during its festive season sale.

"This partnership will enable millions of Paytm users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during The Big Billion Days. In addition, Flipkart customers will enjoy instant cashback to their Paytm wallets," a statement said.

This partnership is well-aligned with Flipkart's preparation ahead of the upcoming festival where it sees a huge surge in the orders across the country and will further boost the uptake of digital transactions as India continues to stay indoors and maintain social distancing, it added.

 

Nobel Prize 2020 in Physiology or Medicine awarded to Harvey Alter, Michael Houghton, Charles Rice 'for discovery of Hepatitis C virus'

WATCH: Supersonic Missile Assisted Torpedo successfully test fired from Wheeler Island

Delhi CM launches anti-air pollution campaign, says pollution can be life threatening in view Covid

Delhi Chief Minister Arvind Kejriwal on Monday launched a mega anti-air pollution campaign, saying polluted air can be life threatening in view of the Covid-19 pandemic. Under the campaign "Yudh Pradushan ke Virudh", separate plans have been prepared for each of the 13 pollution hotspots in the city, Kejriwal said during a digital press conference.

"Polluted air can be life threatening in view of the Covid-19 pandemic. Both affect lungs," he said.

Kejriwal said a "war room" is being set up to monitor all anti-pollution measures being taken by his government.

 

Adhir Chowdhury questions PM Modi's "silence" over Hathras rape case

Senior Congress leader Adhir Ranjan Chowdhury on Monday questioned the "silence" of Prime Minister Narendra Modi over the Hathras incident, and said he should coin a new slogan 'shut up India, hush up India' instead of 'Sabka Sath, Sabka Vikas, Sabka Viswas' as "his hypocrisy has been exposed".
 
Chowdhury, the Leader of the Congress party in Lok Sabha, wondered why the prime minister is silent on the killing and alleged gang-rape of a young woman in Hathras in Uttar Pradesh when he is "vocal on every issue from local to global".
 
"Modi Ji used to remain vocal in each and every issue from Local to Global but still remains mute on the heart- wrenching incident of Hathras, What is happened to u (you) Modi Ji? Where is your "Sabka Sath, Sabka Vikash Sabka Viswash?" Hypocracy (hypocrisy) has been exposed after Hathras," Chowdhury wrote on Twitter.
 

Terrorists attack CRPF jawans at Pampore, 5 injured

Office space leasing drops 50% in Q3, 47% in Jan-Sep in top 7 cities: Report

Net leasing of office space fell 50 per cent across seven major cities to 5.4 million sq ft as corporates and coworking players continued to defer their expansion plans due to the Covid-19 pandemic, according to property consultant JLL India.

The net absorption of office space stood at 10.9 million sq ft in the year-ago period across seven cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Pune, Hyderabad and Bengaluru.

During the January-September period of 2020, the net office space leasing dropped by 47 per cent to 17.3 million sq ft from 32.7 million sq ft in the corresponding period of the previous year.

"India's office market witnessed a net absorption of 5.4 million sq ft in quarter ending September 2020 (Q3), an increase of 64 per cent versus quarter ending June 2020 (Q2)," JLL India said in a statement.

 

Talks towards disengagement, followed by de-escalation, are on, says IAF Chief RKS Bhadauria on India, China row

It depends on how the talks progress. The talks towards disengagement, followed by de-escalation, are on. We hope that the talks will progress along the lines that are expected: IAF Chief RKS Bhadauria, when asked 'how do you see the next 3 months playout in eastern Ladakh?'

Delhi CM Arvind Kejriwal is launching the anti-pollution campaign in the national capital

PM Narendra Modi to address RAISE 2020 virtual summit today

Prime Minister Narendra Modi is set to address the Responsible AI for Social Empowerment (RAISE 2020) summit scheduled to take place on Monday evening.
 
"Looking forward to address The Responsible AI for Social Empowerment (RAISE 2020) Virtual Summit at 7 pm this evening. This summit brings together tech leaders from across the world to discuss aspects relating to AI," the Prime Minister tweeted.
 
The Responsible AI for Social Empowerment (RAISE 2020) virtual summit will be a Global Artificial Intelligence summit organised by the Government of India in partnership with industry and academia. Read on...

UP govt should change arrogant attitude: Mayawati

Terming the use of force on opposition leaders protesting against the Hathras case as "shameful", BSP supremo Mayawati on Wednesday advised the Adityanath government to change its "arrogant and dictatorial" attitude.
 
The former UP chief minister also said that a BSP delegation spoke to the family members of the Dalit woman killed in Hathras and the report she received after the talks was "sad".
 
"After the Hathras gang-rape case, the BSP delegation went there on September 28 to meet the victim's family and to know the correct facts. The delegation was called to the police station and were held to talk to them (family members). The report received after the talks was very sad, which forced me to go to the media," Mayawati said in a tweet in Hindi.
 
"After this, there was misbehavior with media and lathi-charge on opposition leaders on Saturday and Sunday.This is shameful and condemnable. The government should change its arrogant and dictatorial attitude otherwise it will weaken the roots of democracy," she added.
 

Loan Moratorium case SC hearing: Sr Advocate V Giri seeks to make submissions on behalf of RBI


Solicitor-General Tushar Mehta: So far as time as concerned, I don’t object to the Bench’s prerogative.

Solicitor-General Tushar Mehta: So far as time as concerned, I don’t object to the Bench’s prerogative. But, as far as the sector-wise distribution is concerned, the stakeholders have been considered. I will not object to them filing a Reply, but I will object to their Prayers.

Loan Moratorium case SC hearing: When it comes to other sectors, it can be said that they can come under the Kamath Committee report, says Justice Shah

Justice Shah: When it comes to other sectors, it can be said that they can come under the Kamath Committee report. They’ve already submitted that for restructuring anything. So, you might come under that. 

Loan Moratorium case LIVE: Centre has completely left out real estate sector, says Senior Advocate C Aryama Sundaram

Senior Advocate C Aryama Sundaram: They’ve completely left out the real estate sector. They haven’t given us any consideration. Therefore, it becomes important for us to show you why we must be considered.

Loan Moratorium case LIVE: Centre filed Affidavit a day before and through the 'media', says Kapil Sibal

SC Bench: You should have prepared it. 
 
Kapil Sibal: It was not possible to file a Reply in two days. We have to go through files and the RBI website. They were given weeks after weeks. What they’ve said is completely wrong. 

Loan Moratorium case LIVE: Kapil Sibal requests SC for some more time to file a reply before the Bench considers the Affidavit

Sr. Adv. Kapil Sibal states that he wants to make a request as the Affidavit was filed a day before “and through the media”. 
 
He requests for time to file a Reply before the Bench considers the Affidavit.

Govt to bear interest on interest for small borrowers during moratorium

The government is ready to bear the burden of an interest waiver for small borrowers as the estimated impact of the move on the entire banking system would otherwise be Rs 6 trillion, the finance ministry told the Supreme Court on Friday.
 
“After careful consideration and weighing all possible options, the Union government has decided to continue the tradition of handholding the small borrowers. The government, therefore, has decided that the relief on waiver of compound interest during the six-month moratorium period shall be limited to the most vulnerable category of borrowers,” an affidavit submitted by the department of financial services (finance ministry) on Friday stated. Read on...

Centre to frame scheme to waive moratorium interest

The Union government will formulate a scheme to waive compound interest for small borrowers during the six-month moratorium period, which may come at a cost of Rs 5,000-7,000 crore.
 
A senior finance ministry official said the government would frame a Cabinet note for the scheme after getting a go-ahead from the Supreme Court, which is scheduled to hear an ongoing case related to interest waiver on moratorium loans on Monday. Read on...

Loan moratorium case: Centre has told the Court that it has decided to waive compound interest during the moratorium period for MSMEs and personal loans up to Rs 2 crores.



SC to continue hearing today pleas seeking waiver of interest during the 6 loan moratorium allowed by RBI

SC to continue hearing today pleas seeking waiver of interest during the 6 loan moratorium allowed by RBI from March 1 to August 31 on account of coronavirus and lockdown.
 

Kerala: A CPI(M) secretary of party's Puthussery branch was stabbed to death in Thrissur district

Kerala: A CPI(M) secretary of party's Puthussery branch was stabbed to death in Thrissur dist yesterday after he was allegedly attacked by a group of people, 3 injured. Police say, "A scuffle broke out between 2 groups over an illegal bike race, leading to a clash, one person killed".

NY governor vows aggressive enforcement amid weak observance of Covid norms

Heavy-handed enforcement would be carried out in New York from Monday onwards, said State Governor Andrew Cuomo on Sunday amid low observance of Covid-19 norms in the city.
 
"Local governments have not done an effective job of enforcement in these hotspot ZIP codes. NYS will be doing aggressive enforcement starting tomorrow. As we saw with bars and restaurants, when the state initiated enforcement actions compliance greatly increased," Cuomo tweeted. Read on...

US elections: One month out, battered Trump campaign faces big challenges

President Donald Trump's long-hidden tax returns leaked out. His first debate performance ignited a firestorm over white supremacy.
 
He was hospitalised for COVID-19 after months of playing down the threat of a pandemic that has killed more than 200,000 Americans. And that was just this week.
 
Trump's reelection team, battered on all sides, now enters the final month of the campaign grappling with deficits in the polls, a shortage of cash and a candidate who is at least temporarily sidelined. Read on...

Rs 1,000 cr paid to 41,084 farmers for procurement of paddy on MSP: Centre

The central government on Sunday said that over Rs 1,000 crore has been paid to 41,084 farmers for procurement of paddy on Minimum Support Price (MSP).
 
The paddy procurement for 2020-21 has commenced across the procuring states, the Ministry of Consumer Affairs, Food and Public Distribution said in a release.
 
"As on October 3, 2020, cumulative procurement of Paddy in Kharif Marketing Season (KMS) 2020-21 is 5,73,339 MT. The total number of farmers benefited are 41,084 and total MSP outflow so far, is approximately Rs 1,082.464 crore," it said. Read on...

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