1. Strident Pakistan presses for UN envoy on Kashmir
Pakistan blamed India and Afghanistan for the volatile security situation in the region, while denying charges that it is harboring terrorists who target both the countries.
Striking a strident note against neighbors and portraying Pakistan as a victim of terrorism, its Prime Minister Shahid Khaqan Abbasi also sought the appointment of a special United Nations envoy on Kashmir and accused India of human rights violations in Jammu and Kashmir.
2. Arunachal CM among disqualified directors
Arunachal Pradesh Chief Minister Pema Khandu and a junior Minister in the BJP-led Assam government, Naba Kumar Doley, figure among the 1.06 lakh disqualified directors associated with shell companies that have been “named and shamed” by the Ministry of Corporate Affairs (MoCA).
3. Next PSLV launch in November-December
ISRO Chairman A.S. Kiran Kumar said “The next launch of the PSLV will be in November-December”
He was speaking to the media on the sidelines of the two-day national seminar on Emerging Trends in Aerospace Technologies, AseT 2017, organised by the Aeronautical Society of India and the Vikram Sarabhai Space Centre.
4. India to train Afghan police
Afghanistan’s envoy to India says “After training Afghan National Army officers and soldiers for four years, India is now planning to train Afghan police officers here as well”.
The MoU for the proposal, which will be supported by the United Nations Development Programme is a first, and was discussed as a part of enhancing the security partnership between India and Afghanistan during the meeting of the Strategic Partnership Council in Delhi this month.
5. Uber loses licence to operate in London
Taxi-hailing app Uber suffered a major blow as Transport for London (TfL) — the body responsible for issuing licences to cab companies — said that from September-end it would lose its licence to operate in the city.
It said that when it came to reporting serious offences, gaining medical certificates for its drivers, and other issues, Uber’s approach and conduct demonstrated a “lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications.”
6. U.S. President dismisses Facebook ads controversy
U.S. President Donald Trump questioned Facebook Inc.’s decision to overhaul how it handles paid political advertisements amid investigations into alleged Russian interference in U.S. elections.
Earlier this month, Facebook said an internal review had shown that an operation likely based in Russia spent $1,00,000 on 3,000 Facebook ads promoting divisive messages in the months before and after the 2016 U.S. presidential election.
7. SBI unveils bond index at LSE
The State Bank of India has introduced the FTSE SBI Bond Index series in partnership with the global index provider FTSE 100, which the bank hopes would give investors from India, U.K. and globally, tools to analyse India’s government bond market, and drive growth in this market.
8. SBI has ‘sufficient growth capital’ now: chairman
Chairman Arundhati Bhattacharya said. “Our capital adequacy is quite good and well above what is mandated…we do not have any issues having sufficient growth capital as of now. Depending on how the Indian economy grows and if it grows at a very fast clip of 16-18% it’s only then we see an immediate requirement for further growth capital…that way the SBI is very well placed.”
9. Govt to unveil bank consolidation plan soon
Finance minister Arun Jaitley said that the government is working on a strategy for the consolidation of the banking industry to create bigger and stronger banks.
“The consolidation of banks will have to move parallel to the objective of strengthening the banks,” Jaitley said at an event organized by Bloomberg. “We are in advanced stages of coming out with a strategy for consolidation. The objective of consolidation is to create a bigger and stronger bank. I would prefer a strong bank merging with a strong bank than a weak bank merging with a weak bank.”
10. Newton’ entry to Oscars 2018
A Film Federation of India official. says “‘Newton’ will be India’s official entry to the Best Foreign Film catgory at the Oscars next year”.
The Amit Masurkar movie, starring Rajkummar Rao, Pankaj Tripathi, Raghubir Yadav and Anjali Patil, tells the story of polling officer Newton Kumar, who is bent on conducting free and fair elections in the conflict-ridden jungles of Chhattisgarh.