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Noble Laureate Amartya Sen frustrated with Governance of India but not with India

Noble Laureate Amartya Sen has said that he is not frustrated with India at all but with the way India is being governed. For making growth more robust, Sen urged the Union government to focus more on education and healthcare. He reminded the government that strength of an economy lies in its people and the same can’t progress if people don’t have any safety net on education and health. While supporting modification in MGNREGA, he opined against withdrawal of the scheme.

US decision to sell $700 million-worth F-16 Fighter Jets to Pakistan upsets India

Obama administration’s decision of approving sales of eight F-16 Block 52 Aircraft (with training, equipment, and logistic support), worth around US$700 million, to Pakistan has upset India. India has summoned Richard Verma (US ambassador to India) for conveying its displeasure over the matter. Meanwhile, Pentagon has said that these all-weather fighter jets will enhance ability of Pakistan in conducting counter-terrorism and counter-insurgency operations. UN Envoy reached South Block today morning to talk to Indian officials including foreign secretary S Jaishankar.

Kejriwal alleges intimidation of AAP officials

Delhi Chief Minister Arvind Kejriwal has alleged that his officials are being threatened by the CBI (Central Bureau of Investigation). He hinted that 77 AAP officials, both from IAS and DANICS, have received calls from CBI in an illegal manner. There is no case or any legal summon.

PM Modi to Inaugurate "Make in India Week" Today

Prime Minister Narendra Modi today inaugurated “Make In India Centre” at Mumbai’s MMRDA Grounds and is scheduled to formally inaugurate “Make in India Week” (February 13-18) in the evening at Mumbai’s NSCI Grounds for promoting India as a preferred global destination for manufacturing. Most trendsetting products, innovation, design, and India’s latest manufacturing processes are showcased in the Make In India Centre. During inaugural event, PM Modi was accompanied by Juha Petri Sipila (Finland PM) and Kjell Stefan Lofven (Swedish PM).

Canara Bank Profits slide by 87%

Joining the league of around six state-run leaders which have reported plunge in Q3 profitability, Canara Bank stock hit its 52-week low as a majority of investors chose not to buy its shares. Canara Bank shares have reportedly fallen by 87 per cent to Rs. 85 crore in Q3 as compared to the gross non-performing loans(NPA) which jumped 87 per cent to Rs. 19.814 crore in the December quarter.  

Slashed interest rates on NSC, PPF from April

Indian government has decided to lower the interest rates on all small savings from April this year. The initiative will reduce earnings on Public Provident Fund Deposits and National Savings Certificate, followed by putting an impact on bank fixed deposits too. On the contrary, Economic affairs secretary Shaktikanta Das has said the rates for schemes related to girl child and senior citizen will remain unchanged.

ISRO working to Build Electric Propulsion System for Satellites to Carry more Payload

Dr. K. Sivan, Director of ISRO’s Vikram Sarabhai Space Center in Thiruvananthapuram, has said while addressing a seminar at HEMCE 2016 in Hyderabad that India’s space agency is currently working on electric propulsion system for satellites that will help in carrying more payloads. He also said that ISRO will launch GSLV Mark III in December 2016 and will also launch Chandrayan 2 (with a rover) as soon as possible. Manned space flight project - Abbot Machine – is also in the pipeline.

Metros to trim commute times by up to 30 minutes

Delhi’s Metro matrix is geared up for an interchange revolution which would decrease commute times across the national capital and its neighbouring cities. That would mean the commute from Gurgaon to Noida would take thirty minutes less and likewise going from Janakpuri to Faridabad and Dwarka to Lajpat Nagar would save thirty and fifteen minutes respectively.  

Moto Phones up for sale at heavy discounts on Flipkart

Motorola India and Flipkart are celebrating the two-year anniversary of their partnership by offering massive discounts on Moto devices. You can head to Flipkart website and/or the Flipkart mobile app to grab exciting offers. The renowned budget Moto E (Gen 2) 3G priced at Rs. 5,999 can be purchased as per an exchange offer which gives a discount of up to Rs. 2000. Similarly, the Moto E (Gen 2) 4G and Moto G (Gen 3) 16GB models are available with an exchange offer that offers up to Rs. 3,000 and Rs. 500 off respectively.  

India levels the 3-match T20 Series with Sri Lanka

India levelled the 3-match T20 series with Sri Lanka 1-1 in Ranchi thanks to a breezy 51 runs score (out of 25 balls) by Shikhar Dhawan. Other Indian batsmen who helped India score 196/6 are Rohit Sharma (43 runs), Suresh Raina (30 runs), and Hardik Pandya (27 runs). Chasing a steep target, Sri Lanka faltered at the very beginning by losing three wickets with 16 runs on scoreboard. Sri Lankan was successful in scoring just 127/9 in 20 overs.

David Miller named as Kings XI Captain in IPL9

Already associated with Kings XI Punjab team since IPL season 4, South African batsman David Miller has been chosen as the captain of the team for the upcoming Indian Premier League season 9. Kings XI coach Sanjay Bangar has also expressed his confidence about Miller’s tremendous potential as a leader. The exemplary batting skills and a cool temperament make Miller an excellent asset for Kings XI Punjab team.

Irfan Pathan ties knot with Jeddah model

Following the footsteps of his professional buddies, Irfan Pathan also married a twenty-one-year-old model from Jeddah, Saudi Arabia. Pathan exchanged wedding vows with Safa Baig in a low key ceremony that took place last Thursday in Mecca. The thirty-one-year-old Irfan Pathan last played for India in the year 2012 and recently led Baroda to the Syed Mustaq Ali Trophy against Uttar Pradesh. 

King Khan pays Rs. 1.93 lakh fine for illegal ramp

Bollywood actor Shah Rukh Khan has paid a gigantic Rs. 1.93 lakh as the penalty for constructing an illegal ramp outside his Bandra-based bungalow Mannat. Since the ramp was demolished, the actor was liable to pay the cost of demolition to the Mumbai municipal authorities. As per the Mumbai Municipal Corporation Act, 1888, and the Maharashtra Regional and Town Planning Act, 1966, the BMC is free to recover the cost that it incurs from the house owner on demolition of any illegal construction carried out by the owner.

Condom scene in Mastizaade lands Sunny in trouble

Ex-porn star Sunny Leone has invited fresh trouble with an FIR being registered against her. The complaint mentions that in one of the scenes of Mastizaade, the bold actress and her co-actor Vir Das are allegedly seen promoting the use of condom inside a temple in a “vulgar” manner. The case has been registered at the Adarsh Nagar Police Station in Delhi.

Govinda offers Rs. 5 lakh as compensation to fan

After the Supreme Court insisted on Bollywood star Govinda to personally apologise to the person named Santosh Bateshwar whom he slapped seven years ago, the actor has made the move by offering unconditional apology and Rs. 5 lakh as compensation. The complainant had intentions to prosecute Govinda for criminal intimidation and assault that could land the actor in jail for two years.

JNU Student Leader Arrested after anti-India Slogan during 3rd Death Anniversary of Afzal Guru

Kanhaiya Kumar, President of JNU Students' Union, has been arrested by Delhi Police on sedition and conspiracy charges after Home Minister Rajnath Singh instructed taking stringent action against persons who shouted anti-India slogans during the 3rd Death Anniversary of Afzal Guru. Ex-servicemen of 54th NDA course wrote letter to JNU VC condemning commemoration of Afzal Guru Day in the campus and threatened returning degrees. Congress VP Rahul Gandhi condemned the arrest but called anti-India sloganeering unacceptable. CPIM GS Sitaram Yechury met Home Minister today. Rajnath assured that innocent people will not be targeted.  

83rd Mercedes Benz dealership inaugurated in Pune

As an initiative to gain traction in India, Mercedes-Benz today inaugurated its 83rd dealership in Pune. It is the second state-of-the-art Mercedes-Benz dealership in Pune, which is in sync with the brand’s ‘Winning’ strategy for the year 2016. Mercedes-Benz India Managing Director & CEO, Roland Folger hinted the inauguration of ten new outlets in India by the end of 2016.   

Ragging lands 5 Indore students in jail

At a college located in Rau area in Indore, five seniors had ragged an eighteen year old student Sarthak in 2011. The city’s local court has given a two-year rigorous imprisonment to all the five students for assaulting and seriously injuring the teenager. The Judicial Magistrate has also imposed a fine of Rs. 2000 on each of the convicts after finding them guilty under sections 147(rioting), 325(inflicting serious injury) and 341(forcibly blocking the passage) of Indian Penal Code.