Sunday, 9 July 2017

Good, Bad, Ugly, Controversial & Interesting News -- 8th July 2017

Good, Bad, Ugly, Controversial & Interesting News
8th July 2017
Source: Times of India (Chennai Edition)

GOOD  News

In the midst of the India-China standoff near the Sikkim-Tibet-Bhutan trijunction, and contrary to expectations, PM Narendra Modi and Chinese President Xi Jinping didn't just exchange greetings but also managed a conversation on “a range of issues“ on the sidelines of the G20 summit in Hamburg.

The government has warned manufacturers, importers and sellers of pre-packaged goods of penalties ranging from fines of up to `1 lakh or prison terms up to a year for repeat offence of not printing the post-GST rates on product labels.

In an effort to prevent people from falling prey to fake job rackets, Chennai Metro Rail Limited (CMRL) has issued a public notice cautioning candidates not to get misled by advertisements on job offers doing the rounds online.

Terrorists involved in attack on Army Camp held in TN were wanted in Assam.

The Trichy international airport is to get a state of-the-art two-level integrated terminal to be built at a cost of `897 crore.

Railway stations to have dedicated spaces for nursing moms.

Pay revised allowances from July: FM. The decision will benefit 34 lakh civilian employees and 14 lakh defence forces personnel.

Leaders from the G20 nations called for concrete steps to check radicalisation, hiring and arranging of funds for terror activities through misuse of internet and social media.

World leaders pressure US prez for compromise on climate pact

India Inc's topline to grow 7% in Q1 FY18.

The Centre has denied reports that education will become expensive under the GST regime.

SFBs (Small Finance Banks) to give 75% of net bank credit to priority sector: RBI

Bad News

Students in fix as SC stays admission process for IITs

Tangedco delays net-meters; roof-top solar plants useless.

The additional financial implication as a result of the increase in allowances is estimated at Rs. 30,478 crore annually.

The errors in the CBSE Class XII answer sheets go beyond adding mistakes. TOI gave the scripts to teachers who pointed out glaring inconsistencies in scoring marks.

Lack of proper sleep may cause risk of developing Alzheimer's disease according to US researchers.

Ugly News

Retired professor arrested for forging mark sheet after 33 yrs

Controversial News

The Supreme Court stayed the ongoing counselling and admission process in IITs, NITs and IIITs, besides government-funded engineering colleges, questioning the validity of the decision to award 18 bonus marks to all students for wrong and vague questions in the joint entrance examination (advanced) paper. The court's decision comes even though 33,000 candidates have already taken admission so far this year..

The Supreme Court refused to entertain a plea against a Tamil Nadu government order reserving 85% of seats in MBBS and BDS courses for the state board students and only 15% for those of other boards, including the CBSE.

Political parties have opposed the proposed move by the Centre to merge Central Institute for Classical Tamil (CICT) in Chennai with Tiruvarur Central University.

It's govt's duty to prevent farmer suicides, says apex court

Seeking stay of the government's notification mandatorily linking Aadhaar to almost all public utility services despite the apex court's categorical orders that no citizen could be forced to enrol for the UIDAI number, petition has been filed and the counsel said the NDA government's eagerness to monitor each activity of every citizen reminded him of the Emergency imposed by a totalitarian government in 1977.

N Korea's missile test a threat to security: India

Saudi Arabia, the UAE, Egypt and Bahrain isolating Qatar vowed to take additional steps against the energy rich Gulf state after it refused to accept their demands over allegations that it supports extremist ideology.

Rape survivor jailed for 30 years for `aborting' fetus.

Interesting News

According to Track Child, 2.5 lakh children have gone missing between January 2012 and March 2017, roughly translating into five children vanishing every hour.

Over the past few years, China, Philippines and Russia have be come the top destinations for Indian students seeking to pursue medicine. Easy entry, quality infrastructure, and low cost have been the major reasons for students opting for these countries.

Cancer Institute (WIA) has invited 50 people who have quit tobacco for a period of one month to participate in `Quit Tobacco and Dine with Stars' on its premises in Adyar. The institute has been organizing the event for the last 15 years to promote cessation programme for tobacco users.

MDA -- Madras Dyslexic Association, which was started in 1992, by a group of parents of dyslexic children, educationists empathetic to the cause, and philanthropists, is all set to celebrate its silver jubilee on July 8.

As many as 6,030 prisoners completed their courses in in the 2016-17 academic year through the University of Madras, Tamil Nadu Open University, Annamalai University , Indira Gandhi National Open University and a few other institutions.

IIT-M offers free app development course -- Introduction to Modern Application Development (IMAD), 83K students enrol. To register visit   

Women demand Tasmac shop: Some women in Tirupur district staged a road roko demanding the government against the closure of a Tasmac shop in their area. The reason: trying to save their husbands from accidents while coming home drunk from far away Tasmac outlets.

The 7th Pay Commission examined 197 allowances, recommending abolition of 53 allowances and subsuming 37 in others.

Pakistan has executed 465 prisoners since lifting a moratorium on death penalty in 2014, becoming the “fifth most prolific executioner “in the world.

The first battery-free mobile phone has been invented, signalling the end of chargers and dying handsets. Claimed to be first of its type, The handset harvests Wi-Fi signals and light to operate.

“A decade ago, specialists were in demand, but today , companies want generalists. The liberal arts degree which was extremely unpopular is now in demand. This is because companies today are looking for trainable people.“ -- Paul Dupuis, MD & CEO, Randstad India.

Mahindra Group executive chairman Anand Mahindra, Tech Mahindra vice-chairman Vineet Nayyar and CEO C P Gurnani, all individually apologised over the way an employee at Tech Mahindra was asked to resign with immediate effect by 10am the next day, after the person's recorded conversation with a HR personnel went viral online.

Ajay Singh acquired SpiceJet from Kalanithi Maran for Rs 2 over two years back. According to a recent Delhi High Court judgment on a Singh-Maran dispute, a sale purchase agreement (SPA) was executed between the two in January 2015 where Singh acquired just over 35 crore shares -representing 58.46% stake in the low cost carrier (LCC) -from promoter Maran and his investment arm Kal Airways for this amount. This is possibly the lowest amount at which a listed company has ever been taken over in India. According to the share price at the time of the SPA, Maran's stake was worth Rs 765 crore. The scrip now trades at over Rs 120, making Singh's holding worth Rs 4,400 crore.

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