LIVE updates: Banks going to be catalysts for economic revival, says FM

Finance Minister Nirmala Sitharaman | Photo: PTI
 Actor Kangana Ranaut repeated "my Mumbai is PoK now" and posted photos of civic officials at her office as she headed to the city today in the middle of her massive row with Maharashtra's ruling Shiv Sena. A civic team had served her notice over illegal structures at her office as well as home.

Chinese troops carried rods, spears, clubs and pole weapons called 'Guandao' in aggressively trying to close in on an Indian position in Mukhpari area of Rezang-La ridgeline in eastern Ladakh on Monday evening, news agency PTI quoted government sources as saying on Tuesday.

Meanwhile, the monsoon session of West Bengal Assembly will be held for only a day today due to the ongoing pandemic.

In another news, Delhi Metro's Blue Line and Pink Line has resumed operations today after being closed for 171 days due to corona. On Monday, the Delhi Metro had resumed services on its Yellow Line, with curtailed operations and a slew of measures for safety of passengers and employees.

 
On the market front, Route Mobile, an omni-channel Cloud Communication Service Provider (CPaaS) will open its initial public offering (IPO) today and close it on September 11, 2020, in the price band of Rs 345-350 per equity share.

Stay tuned for the latest news of the day.

LIVE UPDATES

Amid Centre-states GST row, a white-knuckle moment for bond markets

The bond market is keenly interested in how the Centre manages to settle the shortfall in the goods and services tax (GST) compensation and how many bonds will finally hit the market.
 
Preliminary soundbites by finance ministry officials seem to suggest that bond issuances won’t be more than Rs 97,000 crore, which the government can work out through a special bond. These bonds will be issued by states, but will be effectively guaranteed by the Centre. Read more


Suicides by businesspeople: Seeking help is necessary, say psychiatrists

A small businessman (details withheld to maintain anonymity), with international operations, lost between $2 million- $3 million during the Covid-19 crisis. He owed large amounts to local banks and private sources. His friend saw signs of depression and suicidal tendencies, and promptly got him help. A mental health professional guided him towards overcoming the shame of asking for financial and other assistance, and the man and his business are now on their way to recovery. Read more


Weak demand continues to be a main challenge for companies: Survey

A survey, conducted by industry chamber Ficci and Dhruva Advisors, showed that weak demand continues to be the key bottleneck for companies as 68 per cent of the firms have called this their biggest challenge in August, against 57 per cent in June. Read more

Commercial break: Television ad volumes rise 12% in July-August, shows data

Television ad volumes showed a 12 per cent rise in July-August from pre-Covid levels, as firms reverted to brand-building and promotional activities after the lockdown between April and June.
 
Data by Broadcast Audience Research Council (BARC) shows that the number of advertisers steadily increased between July and August, and was expected to grow as the festive season gets going. Read more

Lighting lanterns for 9 minutes: RJD leaders Tejashwi Yadav, Rabri Devi protest against centre over unemployment

Kushwaha writes letter to PM for OBC quota in medical colleges

Rashtriya Lok Samata Party (RLSP) president Upendra Kushwaha Wednesday wrote to Prime Minister Narendra Modi urging him to give necessary directions for ensuring reservation for OBC candidates in medical colleges in view of the recent Supreme Court judgement.
 
Kushwaha in his letter said that the Medical Council of India (MCI) has framed rules which has provision of zero per cent reservation for candidates belonging to Other Backward Class on seats contributed by states under all India quota in medical colleges.
 
In a judgment delivered by five-judge constitution bench on August 31, 2020, the apex court had said that the Medical Council of India, which has been constituted under MCI Act 1956, has no power to make provisions for giving reservation.
 
The court had also said that states are empowered to make special provisions for reservation of seats for in service doctors in postgraduate medical courses, Kushwaha said quoting the judgment.
 
The judgement further said that in a federal structure, both states and the Parliament have the constitutional mandate to take steps and act for the welfare of SC, ST and socially backward classes, he quoted.
 
Kushwaha said that despite the apex court judgment, no efforts have been made by the health ministry to dispose of the issue so far and drew the prime minister's attention to UG-2020 NEET exam which has not been held yet.
 
He urged the prime minister to give directions to the health ministry in this regard so that OBC reservation can be implemented from this academic session on seats contributed by states under all India quota in medical colleges.
 

Rafale aircraft will be formally inducted into Indian Air Force tomorrow: Defence Minister

Bengal's 'Sabooj Sathi' scheme gets UN recognition

After 'Kanyashree', another pet project of West Bengal Chief Minister Mamata Banerjee, 'Sabooj Sathi', has received international recognition from the United Nations sponsored World Summit on Information Society.
 
According to state government sources, about 162 nations took part in the contest with 1,600-strong entries of various schemes from different nations. West Bengal's Sabooj Sathi scheme topped the chart and received global recognition on a virtual platform.
 
The scheme was launched in 2015 with an aim to empower school students (from Class IX-XII) by providing them free bicycles.

Northern Railways announces special trains from Sept 12

The special trains will run from a few parts of the country including Delhi, Bengaluru, Amritsar, and Dibrugarh from September 12 

Madhya Pradesh: 6 BJP leaders booked for holding processions amid pandemic

Three cases have been registered against six BJP leaders for allegedly violating Covid-19 guidelines by taking out processions during 'Narmada Kalash Yatra' at Sanver in Madhya Pradesh's Indore district, police said on Wednesday.
 
The processions that were taken out at different places in Sanver Assembly constituency had violated preventive orders issued by the district administration in view of the Covid-19 outbreak, deputy inspector general (DIG) of police Harinarayanachari Mishra said.

Banks going to be catalysts for economic revival, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said banks are going to be the catalysts for economic revival. "At this stage, the catalysts for economic revival, the catalysts who have the pulse of every one of their customers, are banks," the finance minister said.
 
She was speaking after launching PSB Alliance-Doorstep Banking Services.

Home Ministry approves FCRA license to Golden Temple for 5 years

The Union government has granted a Foreign Contribution Regulation Act (FCRA) licence to Sri Harmandir Sahib at Amritsar in Punjab for five years. The Ministry of Home Affairs (MHA) granted the licence after the Golden Temple management applied for FCRA registration on May 27, 2020.
 
At the Golden Temple, the management aims to run a free community kitchen, give financial assistance to the poor and needy, including children. So far, the management under the aegis of the Shiromani Gurdwara Parbandhak Committee has been able to fulfil these objectives through domestic donations.

Data consumption, gentle price hikes to drive telecom sector growth: Report

Rising data consumption and "gentle" price hikes are expected to drive Average Revenue Per User (ARPU) recovery, while upgrade to smartphones by subscribers and access to high-speed internet will be industry growth catalysts, according to a report.
 
Consolidation is expected to continue in favour of Reliance Jio and Bharti, as Vodafone Idea "keeps bleeding market share", JP Morgan said in a note on Wednesday. Read more

Localized lockdowns slowing revival, impacting retail sales: Survey

Localised lockdowns are slowing down revival and impacting retail sales as retailers saw de-growth of 52 per cent in August as compared to the same month last year, although there is a marginal recovery from the preceding months this year, according to a survey by RAI.
 
As per the 6th edition of the Retail Business Survey by the Retailers Association of India (RAI), the only category that showed a significant improvement was consumer durables, though sales were still down 23 per cent compared to the year-ago month. Read more

SBI YONO biggest start-up by a legacy bank, worth over $40 bn: Rajnish Kumar

Within three years of its launch, YONO, the digital banking platform of the country's largest lender SBI, has a valuation of over $40 billion, the bank's chairman Kumar said on Wednesday.
 
The bank is also working on creating a business-to-business (B2B) platform for bill receivables, called 'Bharat Draft', which will have all the MSMEs registered, he said. SBI had launched the YONO platform in November 2017 to help its customers' banking, investment and shopping needs.
 
Speaking at an event organized by ETBFSI.com, Kumar said YONO, which is an acronym for You Only Need One, is a profitable platform and rued that no one gets to know its valuation because it sits within the bank.

Air India not to go ahead with recruitment exercise of trainee pilots

Air India has decided not to go ahead with the recruitment exercise of trainee pilots due to the bleak scenario in the aviation industry and the critical financial condition of the company.
 
Responding to queries from IANS, Air India said in a statement that it had issued an advertisement in September, 2017 inviting applications from the open market to recruit pilots - both Senior Trainee Pilots (With Endorsement) and Trainee Pilots (CPL Holders). Read more

If BMC is acting as per rules, then it is right: Sharad Pawar on Kangana Ranaut

Develop Badrinath as a smart spiritual city, says PM; reviews Kedarnath project

Prime Minister Narendra Modi on Wednesday asked the Uttarakhand government to develop Badrinath Dham as a smart city, retaining its spiritual and mythological characteristics.
 
Modi viewed through a video conference a state government presentation on its masterplan for the beautification of the Himalayan temple and its surroundings, a project which will cost Rs 424 crore and take about five years.
 
The prime minister also reviewed the ongoing development work at Kedarnath Dham and emphasized the need to create pilgrim- and environment-friendly facilities there. Kedarnath and Badrinath are two of the four dhams that draw lakhs of pilgrims every year to Uttarakhand.

Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr

Happiest Minds Technologies’ maiden initial public offering (IPO) saw a subscription of nearly 151 times, generating bids worth more than Rs 58,000 crore—making it one of the most subscribed IPO in recent times.
 
The retail investor portion of the issue garnered 71 times the subscription, with over 2 million applications. The wealthy investor portion saw over 351 times the demand for shares on offer, while the institutional portion saw 77 times subscription. Read more

IISc to conduct test for masters programmes on Feb 15

The Indian Institute of Science (IISc) would conduct the Joint Admission Test for Masters (JAM) 2021 on February 14, director of IISc Govindan Rangarajan said on Wednesday
 
The portal for applying for the test would be open to aspiring candidates from September 10 to October 15, 2020, a statement from IISc said here.
 
JAM is a qualifying examination for candidates seeking admission to various masters programmes.

Pawar, Fadnavis, Nirupam slam BMC for partly razing Kangana's office

The Brihan Mumbai Municipal Corporation's action in partly demolishing Bollywood actress Kangana Ranaut's office received flak from various quarters, including ruling Maha Vikas Aghadi (MVA) partners Nationalist Congress Party, Congress, and the opposition BJP on Wednesday.
 
Frowning at the BMC action, Pawar said that though he had learnt about the incident related to Kangana's office he would not comment without knowing the full details, while pointing out that there are "many illegal structures in Mumbai".
 
"But in the current situation, such actions raise doubts in the people's minds. By taking the action, she has got the opportunity to speak out. It needs to be checked why the action was taken by the BMC now," Pawar said.

Rhea Chakraborty claims being coerced into confession

Actress Rhea Chakraborty has claimed in her bail application that she was coerced into making self-incriminatory confessions during custody.
 
A day after Rhea's arrest by the Narcotics Central Bureau (NCB), it has been revealed that a special court here will hear the bail applications of the actress and her brother Showik on September 10.

France describes India as foremost Asian strategic partner

France on Wednesday described India as its "foremost" Asian strategic partner and said the upcoming visit of its Defence Minister Florence Parly to the country is aimed at further strengthening the "forward-looking" defence cooperation with New Delhi. Parly will visit India on Thursday to attend a ceremony in Ambala to induct the first batch of five Rafale jets into the Indian Air Force (IAF).
 
The French defence minister will hold talks with her Indian counterpart Rajnath Singh and National Security Advisor Ajit Doval. A defence ministry spokesperson said Parly will be given a ceremonial Guard of Honour on her arrival in Delhi.

Kolkata Metro Railway issues set of do's & don'ts for passengers

The Metro Railway issued a set of do's and don'ts for passengers when they travel by its trains after the services are resumed, for maintaining Covid-19 safety norms.
 
The passengers will have to wear masks covering face and nose and will have to sanitise their hands from sanitiser dispensers placed at each platform before boarding a train, a Metro Railway official said here.
 
Metro Railway general manager Manoj Joshi, who inspected several stations of the city's rapid transit system on Tuesday, had earlier said that the final date for resumption of the services will be fixed shortly.

Watch: DMK leader Durai Murugan gets emotional as MK Stalin talks about him

TRAI chief advocates robust broadband, open systems, local manufacturing

Robust broadband connectivity and indigenously-built inclusive, open platforms are key milestones for the country in coming years, TRAI Chairman R S Sharma said on Wednesday urging India to also seize the domestic manufacturing opportunity by playing on strength of its market and investor-friendly policies.
 
Sharma exuded confidence that "right environment and incentives" can propel domestic manufacturing in India, and while China (a production hub) had built an ecosystem over the last 20 years, the "ecosystem can easily shift now very quickly to India".

TikTok emerges world's most downloaded non-gaming app in August: Report

Despite facing several challenges, China-based short video-sharing platform TikTok emerged as the most downloaded non-gaming app worldwide for August with more than 63.3 million installs, a 1.6 per cent increase from August 2019.
 
The countries with the most installs of the app during this period were Indonesia at 11 per cent of its total downloads and Brazil at 9 per cent, according to a report by data analytics firm Sensor Tower. Read more

RBI constructing e-payment index to assess extent of digitisation: Official

The Reserve Bank of India (RBI) is in the process of constructing a digital payment index to assess the extent of digitisation in the country and innovation in existing modes and channels to bridge digital divide, a senior official of the apex bank said on Wednesday.
 
Observing that digital payments in India have been growing rapidly, RBI Executive Director T Rabi Sankar said there is still a lot of catching up to do as per-capita penetration is still quite low. Read more

CBDT issues refunds of over Rs 1 trn to 2.75 mn taxpayers

CBDT issues refunds of over Rs 1,01,308 Cr to more than 2.75 million taxpayers between 1st April, 2020 to 8th Sept 2020. Income tax refunds of Rs. 30,768 Cr issued in 25,83,507 cases & corporate tax refunds of Rs.70,540 crore have been issued in 1,71,155 cases: Income Tax Dept

Trump nominated for 2021 Nobel Peace Prize for brokering UAE-Israel peace deal

US President Donald Trump has been nominated for 2021 Nobel Peace Prize following his efforts to broker peace between Israel and the United Arab Emirates (UAE).
 
The nomination was submitted by Christian Tybring-Gjedde, a member of the Norwegian Parliament. He nominated Trump citing his "key role in... creating new dynamics in other protracted conflicts, such as the Kashmir border dispute between India and Pakistan".

Gold rises by Rs 251 to Rs 52,149, silver jumps Rs 261

Gold prices rose by Rs 251 to Rs 52,149 per 10 gram in the national capital on Wednesday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 51,898 per 10 gram.
 
Silver prices also jumped Rs 261 to Rs 69,211 per kilogram from Rs 68,950 per kilogram in the previous trade. In the international market, gold and silver were trading flat at USD 1,931.60 per ounce and USD 26.70 per ounce, respectively.

India's fuel demand fell 15.6% y-o-y in August

India's fuel demand fell 15.6 percent in August compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 14.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
 
Sales of gasoline, or petrol, were 7.5 percent lower from a year earlier at 2.38 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales decreased 5.1 percent to 2.28 million tonnes, while naphtha sales fell 6.6 percent to 1.07 million tonnes.

5-8% of overall loans will get restructured under new framework: Icra

Banks and non-bank lenders will restructure up to Rs 10 trillion in debt or 8 per cent of outstanding loans under the one-time restructuring scheme announced by the Reserve Bank, domestic rating agency Icra said on Wednesday.
 
The RBI has operationalised guidelines based on K V Kamath-led panel's recommendations, which give relief to 26 listed sectors affected by the pandemic and stress on banks factoring-inleverage, liquidity and debt serviceabilitybefore admitting a case.
 
"We feel the overall restructured portfolio will come at 5-8 per cent of the overall loans," the agency's head of credit policy Jitin Makkar told reporters on Wednesday.

HAL's light utility helicopter completes hot and high altitude trials

HALs indigenously developed Light Utility Helicopter (LUH) demonstrated high altitude capability in hot and high weather conditions in the Himalayas for about 10 days.
 
A comprehensive test plan was executed at Leh (3300 metres above mean sea level) in temperatures up to ISA (international standard atmosphere)+320C which included envelope expansion, performance and flying qualities, Bengaluru headquartered HAL ( Hindustan Aeronautics Limited) said.

Sri Lankan navy tows stricken tanker away from coast, Indian plane sprays trailing slick

The Sri Lankan navy towed a stricken supertanker away from the Indian Ocean island's east coast on Wednesday, while an Indian Coast Guard plane sprayed chemical dispersants on a long oil slick that trailed in its wake.
 
A fire broke out in the engine room of the Greek-owned New Diamond tanker last Thursday. The blaze was believed to have been doused on Sunday but reignited a day later.
 
Laden with 2 million barrels of crude oil, there are fears that the accident could cause an environmental disaster, but so far the slicks have resulted from escaping marine fuel oil rather than leaking crude.
 

 

SC stays implementation of Maharashtra law granting reservation to Marathas

The Supreme Court Wednesday stayed the implementation of 2018 Maharashtra law granting reservation to Marathas in education and jobs but made it clear that the status of those who have availed of the benefits will not be disturbed.
 
A three-judge bench headed by Justice L N Rao referred to a larger constitution bench, to be set up by Chief Justice of India S A Bobde, the batch of pleas questioning the validity of the law granting reservation to Marathas in education and jobs. Read more
 

Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 cr; KKR may follow

US private equity firm Silver Lake Partners will buy 1.75 per cent stake in billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm for Rs 7,500 crore and may be followed by KKR & Co.
 
Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, for a 1.75 per cent stake, the Indian firm said in a statement.
 
"This investment values RRVL at a pre-money equity value of Rs 4.21 trn," it said.

Fitch says BPCL privatisation is 'event risk' over little info on bidders

Fitch Ratings on Wednesday said the potential privatisation of BPCL is an "event risk" as there is little information about bidders and potential transaction structure.
 
The rating agency affirmed Bharat Petroleum Corporation Ltd's (BPCL) long-term foreign-currency issuer default rating (IDR) at 'BBB-'. The outlook is 'Negative'. "Fitch equalises BPCL's rating with that of its largest shareholder, the India sovereign (BBB-/Negative)...due to the strong likelihood of government support," it said.

Food processing minister inaugurates Organic India unit in UP

Food Processing Minister Harsimrat Kaur Badal on Wednesday inaugurated Organic India Pvt Ltd's plant at Barabanki in Uttar Pradesh that has been set up at a cost of Rs 55 crore.
 
Inaugurating the food processing unit through video conference, she said the food processing sector is witnessing robust growth and has been identified as a champion sector by the central government. "Food processing sector is growing at 8.5 per cent annually," the minister said.

EPFO decides to credit part of 8.5% interest for FY20

Retirement fund body EPFO on Wednesday decided to credit a part of 8.5 per interest on employees provident fund (EPF) for 2019-20 into the account of its around 6 crore subscribers.
 
The decision to provide 8.15 per cent interest on EPF has been taken at the Employees' Provident Fund Organisation's (EPFO) trustees meet held on Wednesday, a source told PTI.
 
The remaining 0.35 per cent rate of interest on EPF for 2019-20 would be credited into the subscribers account in December this year, the source further said.

EAM Jaishakar meets Tajik counterpart Sirojiddin Muhriddin

Rupee settles 5 paise higher at 73.55 against US dollar

Snapping its two-day losing streak, the rupee rebounded by 5 paise and settled at 73.55 (provisional) against the US dollar on Wednesday, even as the domestic equity market was trading with significant losses.
 
At the interbank forex market, the domestic unit opened at 73.67 against the US dollar, and finally ended the day at 73.55, registering a rise of 5 paise over its last close.
 
During the trading session, the local unit witnessed high volatility and touched an intra-day high of 73.47 and a low of 73.73 against the greenback. On Tuesday, rupee had depreciated by 25 paise to settle at more than one-week low of 73.60 against the US dollar on Tuesday.

Efforts on for online delivery platform for street vendors: PM

Prime Minister Narendra Modi on Wednesday said efforts are being made to provide an online delivery platform to street food vendors on the lines of big restaurants.
 
After a virtual interaction with beneficiaries of the PM Street Vendors' Aatmanirbhar Nidhi (PM SVANidhi) scheme from Madhya Pradesh, Modi praised the state government for ensuring the scheme's benefits to over lakh people and providing identity cards to over 450,000 people (scheme beneficiaries) in just two months.
 
The Union government had launched the PM SVANidhi scheme on June 1 to help poor street vendors impacted by the Covid-19 pandemic resume livelihood activities.

'Sanskrit Gram' to be developed across Uttarakhand

Encouraged by the success of an experimental project promoting the use of Sanskrit as a means of daily communication, the Uttarakhand government has decided to develop 'Sanskrit Gram' across the state.
 
People in these model villages will communicate with each other in the ancient Indian language on a daily basis.
 
Chief Minister Trivendra Singh Rawat has entrusted Haridwar-based Sanskrit Academy Uttarakhand with the task of developing such villages initially in districts and then at the block level, an official release here said.

First Kisan Rail from South India chugs off with fruits to Delhi

Connecting the farms to the agricultural markets, the first 'Kisan Rail' from south India chugged off from Anantapuramu on Wednesday carrying 322 tonnes of fresh fruits to the famous Azadpur Mandi in the national Capital.
 
Union Minister for Agriculture Narendra Singh Tomar and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy flagged off the inaugural Kisan Rail, the second in the country, via a video link from New Delhi and Amaravati.
 
The Kisan Rail comes as a boon to the farmers, particularly those growing horticultural crops, as it ensures the produce reaches the markets in quicker time.
 

EAM Jaishankar meets Kyrgyzstani counterpart on sidelines of SCO

BJP issues whip to Rajya Sabha MPs, asks them to be present on Sept 14

The Bharatiya Janata Party issued a three-line whip to its Rajya Sabha MPs asking them to be present in the House on September 14. The election for the post of Deputy Chairman of the Upper House is slated to take place on September 14, the first day of the monsoon session of Parliament.
 
The last date for filing nomination is September 11 till 12 noon.

Ayodhya airport to be named after Lord Ram

The airport in Ayodhya will be named after Lord Ram and will now have an international status. According to official sources, the Yogi Adityanath government has set the December 2021 deadline for completion of the airport.
 
"The government believes that there will be a huge tourist traffic -- both domestic and international -- in Ayodhya when the construction of grand Ram temple is completed. The airport will further facilitate this," said an official spokesman.

Shiv Sena-ruled BMC demolishes alterations at Kangana's bungalow

The Shiv Sena-controlled Brihanmumbai Municipal Corporation (BMC) on Wednesday demolished "illegal alterations" at the Bandra bungalow of Bollywood actress Kangana Ranaut, a civic official said.
 
The 33-year-old actor, who is scheduled to reach here later in the day, has alleged that the Maharashtra government is targeting her because of her fight with the Shiv Sena
 
The demolition work began shortly after 11 am, the official told PTI. Earlier in the day, the BMC posted a second notice outside her bungalow, informing her of the action being taken by the civic body, he said.

In another tweet, Kangana Ranaut calls Mumbai Pakistan

My Mumbai is Pakistan-Occupied-Kashmir now, tweets Kangana Ranaut

PM Modi stresses on use of earthen pitchers for drinking water

Prime Minister Narendra Modi today interacted with the beneficiaries of PM Street Vendors' Aatmanirbhar Nidhi (PM SVANidhi) scheme from Madhya Pradesh and stressed on the use earthen pitchers instead of single-use plastic bottles for drinking water.
 
He interacted virtually with street vendor Chaganlal and his wife from Sanver in Indore district, Gwalior's Archana Sharma and vegetable vendor Dalchand in Raisen district.
 
Modi advised Chaganlal how to enhance his business by asking customers to return the pipe used in making broomsticks to reduce the cost of making a broomstick.
 
The PM advised him to use an earthen pitcher insteadof a single-use plastic bottle for drinking water to save the environment.

Madhya Pradesh: Social distancing norms flouted during a procession (Kalash Yatra) organised by BJP

Prime Minister Narendra Modi holds ‘Svanidhi Samvaad’ with street vendors from Madhya Pradesh through video conferencing.

Biden's climate plan will give free pass to China, Russia, India: Trump

US President Donald Trump has said the environmental policies of his Democratic presidential rival Joe Biden would "destroy" America's middle class while giving a "free pass" to the world's worst polluters like China, Russia, India, and many others.
 
In a major policy speech on his record of natural conservation and environmental protection", Trump told a gathering in Jupiter, Florida that his administration is proving every day that the US can improve its environment while creating millions of high-paying jobs. 

Karni Sena supports Kangana Ranaut, seeks action against Sanjay Raut

The Karni Sena has come out in support of Bollywood actor Kangana Ranaut and has sought action against Shiv Sena leader Sanjay Raut.
 
The Karni Sena members staged a protest in Gorakhpur on Tuesday against Shiv Sena MP Sanjay Raut for his disparaging remarks against the actor.
 
The Sena members also burnt the effigy of Sanjay Raut at Shastri Chowk in Gorakhpur and demanded his apology. They said the kind of language the Shiv Sena leader has used for Kangana is an insult to all women.

Rain unlikely in Delhi over next few days, temperature expected to rise: Weather forecast

Day temperature is expected to rise marginally in the national capital as rainfall is unlikely over the next few days, the weather department has predicted.
 
On Wednesday, Delhi will witness partly cloudy skies, but there will be no rain, it said, adding that the maximum temperature is expected to settle around 36 degrees Celsius.
 
The city has recorded just 20.9 mm rainfall against the normal of 58.3 mm -- a deficiency of 64 per cent -- in September so far.
 
Overall, it has recorded 576.5 mm precipitation against the normal of 582.1 mm since June 1, when the monsoon season starts.

UP signs MoU with UN for take-home-ration

Take-Home ration will now be manufactured and supplied through women self-help groups (SHGs) in Uttar Pradesh. The state rural livelihood mission (SRLM) has signed a Memorandum of Understanding (MoU) with the UN World Food Programme for this.
 
Around 200 women SHG enterprises are expected to gain business with Rs 1,200 crore annual turnover through this collaboration.
 
Uttar Pradesh Chief Minister Yogi Adityanath said that this will almost double the loans received by the SHGs in 20 years.

AstraZeneca Pharma tanks 13% as parent firm halts Covid-19 vaccine trials

Shares of AstraZeneca Pharma tanked as much as 13.4 per cent to hit a low of Rs 3,650 on the BSE on Wednesday after the company's parent firm abruptly paused global trials of its Covid-19 vaccine candidate. The development came after a volunteer showed signs of "potentially unexplained" illness.
 
In a statement issued on Tuesday evening, the company said its "standard review process triggered a pause to vaccination to allow review of safety data". AstraZeneca Plc didn't reveal any information about the possible side effect except to call it "a potentially unexplained illness". Read on...

Reversing course ahead of election, Trump extends drilling ban off Florida

U.S. President Donald Trump on Tuesday signed an order to extend a ban until 2032 on offshore oil drilling in the eastern Gulf of Mexico off Florida as he seeks to win support in the state ahead of the Nov. 3 election.
 
The executive order, which would also expand the ban to Florida's Atlantic coast and to the coasts of Georgia and South Carolina, was met with an unusual mix of disappointment from a drilling industry group and skepticism by environmentalists.
 
"This protects your beautiful Gulf and your beautiful ocean, and it will for a long time to come," the Republican president said in front of Florida's Jupiter Inlet Lighthouse and Museum after signing an executive order while officials from the three states watched.

As part of stage-I of resumption of metro services, Delhi Metro Rail Corporation (DMRC) resumes operations on Blue and Pink lines today

5 hunters who went missing from Indian side of LAC traced: Indian Army

The Indian Army on Tuesday said that the five men who went missing from the Indian side of LAC in Upper Subansiri have been found.
 
"As a result of the persistent efforts of the Indian Army, five missing hunters from the Indian side of LAC in Upper Subansiri, who had inadvertently crossed over to another side on September 2 2020, have been traced," Lt Col Harsh Wardhan Pande, PRO Defence, Tezpur said.
 
Pande said that the Chinese Army confirmed that the missing Indians have been found on their side.

Blue Line, Pink Line of Delhi Metro resume services after 171-day COVID hiatus

Delhi Metro's Blue Line and Pink Line resumed services with curtailed operation timings today after being closed for 171 days due to the COVID-19 pandemic, officials said.
 
Trains are to operate in batches of four-hour each from 7-11 AM in the morning and 4-8 PM in the evening in the first stage.
 
"The Blue and Pink lines resumed services today. Slowly and steadily, Delhi Metro will be back to take you places! #MetroBackOnTrack," the DMRC tweeted.

5 hunters who went missing from Indian side of LAC traced: Indian Army

The Indian Army on Tuesday said that the five men who went missing from the Indian side of LAC in Upper Subansiri have been found.
 
"As a result of the persistent efforts of the Indian Army, five missing hunters from the Indian side of LAC in Upper Subansiri, who had inadvertently crossed over to another side on September 2 2020, have been traced," Lt Col Harsh Wardhan Pande, PRO Defence, Tezpur said.
 
Pande said that the Chinese Army confirmed that the missing Indians have been found on their side.

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