1. PM goes into a huddle with Jaitley, Shah over slowdown
A day after promising to take all necessary steps to revive the economy and fix the problems faced by businesses on account of the switchover to the Goods and Services Tax regime, Prime Minister Narendra Modi held extensive talks with BJP president Amit Shah and Finance and Corporate Affairs Minister Arun Jaitley
2. Gauri Lankesh honoured with Anna Politkovskaya Award
Journalist-activist Gauri Lankesh, who was shot dead by unknown assailants on September 5, has been posthumously accorded with the prestigious Anna Politkovskaya Award, instituted by Reach All Women (RAW) in War.
RAW, in a statement, said that it was honoured to award the annual Anna Politkovskaya Award for women human rights defenders from war and conflict zones jointly to Gauri Lankesh posthumously, and to a brave Pakistani activist Gulalai Ismaial, who similarly is fighting against Islamic extremism.
3. India disputes ILO’s modern slavery report
The government has written to the International Labour Organisation (ILO) challenging a recent study on “modern slavery” conducted by the Australia-based Walk Free Foundation (WFF) on behalf of the global body. The report does not mention India.
The Labour Ministry shot off a strong letter to the ILO regarding its report titled ‘Global Estimates of Modern Slavery: Forced Labour and Forced Marriage 2017.’ The report, released on September 19, does not contain any India-specific findings, barring a mention that 17,000 people were interviewed for the survey.
4. Kathak, qawwali and opera on the same stage
Kathak and tap dancers, the sarod and the organ came together in a gala in central London, as the Southbank centre hosted over 150 artists from across Britain and India for an event pegged as the highlight of the 2017 India-U.K. Year of Culture. Among the performers were the British opera singer Patricia Rozario, sarod player Soumik Datta, and Radiohead guitarist Jonny Greenwood.
5. Job cuts worry Mittal, Goyal unfazed
In an unusual role reversal, the opening session of the World Economic Forum’s (WEF) India Economic Summit was witness to industry representatives worrying about the job market amid layoffs by top firms while a Cabinet Minister termed the spate of ‘job reductions’ as a good omen for India’s youth as they strive to be job creators instead of job seekers.
6. Reviving loan growth, top priority: Rajnish Kumar
At a time when credit growth is at an historic low, State Bank of India’s (SBI) chairman-designate Rajnish Kumar said reviving loan growth will be his top priority apart from resolution of stressed assets.
Mr. Kumar said in a teleconference with the media “Reviving the credit growth and resolution of stressed assets, that is the top most challenge,”
7. Norms to curb fund diversion mooted
Audit committees should monitor the flow of funds to unlisted subsidiaries, including those established overseas, while listed entities should put in place proper regulatory framework while sharing unpublished price-sensitive information with promoters or any other significant shareholders, the Securities and Exchange Board of India’s panel on governance has proposed.
8. Wipro arm buys US-based Cooper in digital push
Wipro Digital, the digital business unit of software major Wipro, has acquired Cooper, a company that provides User Experience (UX), for an undisclosed sum, a move that could strengthen its capabilities in this emerging segment.
Cooper will become part of Designit, Wipro Digital’s strategic design arm. The acquisition strengthens Wipro Digital’s design capabilities, expands its reach in North America.
9. FIFA U-17 World Cup: A watershed moment for Indian football
India may have a Neymar or a Ronaldo waiting to be unearthed. This tournament shall showcase the state of India’s junior football and the system may quite possibly stumble upon a modern role model, like a Messi or a Neuer.
India takes on USA in its opener, a contest as good as done even before the kick off, given the existing stature of the two squads.
10. €300-million European Investment Bank loan for Bangalore Metro
The European Investment Bank (EIB) will lend €300 million for Bangalore Metro Rail Project Phase II Line R6.
The agreement was signed on Thursday by S Selvakumar, Joint Secretary (BC), Department of Economic Affairs (DEA), Union Ministry of Finance and Andrew McDowell, Vice-President.