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Not helped Lalit Modi on travel documents: Sushma Swaraj

External Affairs Minister Sushma Swaraj on Monday said she never helped former IPL chief Lalit Modi in getting travel documents from the British authorities. The minister told Rajya Sabha that she has been waiting for the past last two weeks to make her stand clear. "This issue about me is being raised since the last two weeks. I had informed through the leader of the house that I am ready for discussion. Since last seven days, I am sitting here every day just so that a discussion may start," she said amid ruckus in the house. Source: IANS

Rajnath discusses floods with Gujarat, Manipur CMs

Home Minister Rajnath Singh has assured the Centre's help to Gujarat Chief Minister Anandiben Patel and Manipur Chief Minister Okram Ibobi Singh while discussing the floods and landslides in their states.The home ministry said it was regularly monitoring the flood situation in various parts of the country and extending necessary assistance. About 40 lakh people in Gujarat's 14 districts have been affected in recent floods following heavy rainfall in the last few days. More than 10 lakh food packets have been distributed among the flood victims, the ministry said in a statement. Source: IANS

Home Ministry adopts Measured Approach to deal with Radicalisation in India and ISIS Menace

Ministry of Home Affairs has taken a serious note of the increasing trend of ISIS radicalization menace and discussed the issue of curative measures with several state secretaries and DGPs, with special emphasis on Telangana, Karnataka, and Maharashtra. In yesterday’s meeting, MHA has reportedly adopted a “more nuanced and measured approach”. It is decided that FIR registration and prosecution of a radicalized youth will not be followed as first step. Rather counseling sessions with the help of their elderly family members will be adopted for de-radicalisation, per assessment. Reports say that capacity building of police officers in different states will be done through training programmes.

OYO Rooms raises $100 mn led by SoftBank

OYO Rooms has raised $100 million, led by the SoftBank Group, with participation from its existing investors - Greenoaks Capital, Sequoia Capital and Lightspeed India, a company statement. Launched in 2013, OYO is a network of branded budget hotels and is present in more than 70 cities with 12,000 plus available rooms. "OYO will use the latest round of funding to implement new customer experience initiatives, build innovative technology products," the statement said. Source: IANS

Naidu says Government Earmarked Rs. 50,000 for Developing 100 Smart Cities

Union Urban Development minister, M. Venkaiah Naidu, during an international seminar said that Rs.50,000 crore fund has been earmarked by Union Government for developing 100 smart cities across India, as initial step of infrastructure development. The concerned seminar was organized by Department of Urban and Regional Planning of the University of Florida, Institute for Human Development (IHD), and NITI Aayog. Naidu stressed upon improving lives of urban populace, enhancing participation of people during development of smart cities, and assisting Rs. 100 crore per year assistance for 5 years. While vouching for large scale reform, minister said that inclusive and sustainable urban development is their main focus.

Finance Minister seeks Plan Approval for Providing Rs. 70,000 Crore to Debt-Ridden PSU Banks

Finance Minister Arun Jaitley yesterday placed a plan in the parliament for approval of Rs. 70,000 crore to be given to the public sector banks, which are suffering from insurmountable debt due to stacking up of Non Performing Assets (NPAs). A Finance Ministry statement said that according to the plan Rs 25,000 crore will be provided to debt-laden public banks during 2015-16 and 2016-17 each. In fact, a fund of Rs. 20,000 crore will be provided during following fiscal years – 2017-18 and 2018-19. Reports say that the banks that will get Rs. 10,262 crore of the funds include SBI, Bank of Baroda, PNB, BoI, IDBI, and Canara Bank.

18th IIT opens at Palakkad

The 18th Indian Institute of Technology (IIT) opened on 3 August 2015 with 117 students -- six from Kerala and a majority from Uttar Pradesh. Addressing the students and parents through video conferencing, Human Resource Development Minister Smriti Irani urged the students to develop a social outlook besides pursuing their studies. Presently lodged in a temporary campus, admissions have been made to four streams of BTech. Source: IANS

HCL net profit up 14 percent in fiscal 2015-16

Software major HCL Technologies has reported Rs.7,254 crore net profit for fiscal 2015-16, registering a 14 percent growth year-on-year (YoY), as per the Indian accounting standard. In a regulatory filing to the Bombay Stock Exchange (BSE), the outsourcing firm said the revenue for fiscal under review (FY 2015) increased 12.6 percent YoY to Rs.37,061 crore. Under the International Financial Reporting Standard (IFRS), net income grew 12 percent YoY to $1,164 million ($1.2 billion) and revenue 11 percent YoY to $5,952 million ($6 billion) for FY 2015. Source: IANS

IDC Report Forecasts Business Analytics Software Market in India to Increase to Rs. 3,442 crores by 2019

A report by IDC, an IT firm research company, has forecasted a 9.6 per cent growth rate of Business analytics software market in India against 6.8 per cent growth rate across Asia-Pacific region till 2019. The concerned market in India will swell to US$ 583 million (equivalent to Rs. 3,442 crores) by 2019. Craig Stires, Associate Vice President (Big Data, Analytics and Software) of IDC Asia Pacific, said companies operating in India are using business analytics software to reduce data review time significantly. The report says that spending on end-user tools are expected to grow at the rate of 10 per cent on a year-on-year basis till 2019.

Rajat Chauhan Contends with Silver at World Archery Championships, But Still Makes Historic Feat

20 year old Rajat Chauhan won silver during World Archery Championships. It is a historic win as he is the first Indian archer to win a silver medal, in compound individual event, in the world championship, held in Copenhagen. Rajat Chauhan lost to Denmark’s Stephan Hansen by 147-143. Chauhan started well by scoring 29 points in the first two sets, tying points with Stephan Hansen. However, in the 3rd set, the Indian archer was able to get just 27 points against Hansen’s perfect 30 score. Though Rajat managed to decrease the lead by 1 point, another perfect score by Hansen in final set sealed the deal against the Indian.   

Golfer Ranveer Saini becomes First Indian to Win Gold at Special Olympics World Games

14-year old autistic Indian golfer Ranveer Singh Saini achieved a historic feat yesterday as he won the first ever gold by any Indian in the Special Olympics World Games. Ranveer won gold in the GF Golf-Level 2 Alternate Shot Team Play event. He achieved the top slot by playing in a world tournament, participated by 21 countries. The Gurgaon-based golfer was diagnosed with autism, a neurological disorder, at the age of two. However, he started playing golf at the age of nine. In fact, Ranveer Singh Saini won two gold medals two years back at Asia Pacific World Games.

Rajat Chauhan in World Archer Championship's Final

Rajat Chauhan reached World Championships of Archery men’s final after defeating Colombia’s Camilo Andres Cardona in the semi-finals with the final score 143-138. In the final match Rajat will face-off with Stephan Hansen of Denmark. Deepika Kumari lost to her Chinese opponent in the 3rd round. Laxmirani Majhi, in the women's individual recurve, defeated China’s Jiaxin Wu and Mexico’s Valencia Alejandra in the pre-quarter and quarter-final matches respectively but lost to Shih-Chia Lin of Chinese Taipei. Laxmirani will now play against South Korea’s Misun Choi for the bronze medal. Mangal Singh Champia secured his individual berth for the 2016 Rio Olympics after entering recurve quarterfinals.     

Heavy rain damages houses, crops in Leh

Heavy overnight rain has damaged houses and crops in Jammu and Kashmir's Leh district, an official said. "Incessant rain caused panic last night in Leh. Chuchot, Thicksey, Saboo, Phyang, Shey and Nyuma valley are worst affected areas in the district," an official. He said the gushing water seeped into the Leh airport during the wee hours of Monday. "The runway has been cleared now and flights are operating as per the schedule. Source: IANS

Pakistan violates ceasefire in Jammu

Pakistan troops overnight violated the ceasefire agreement on the line of control (LoC) and international border in four sectors of the Jammu region. "Pakistan army opened unprovoked firing at Indian positions on the LoC in Krishna Ghati and Mandi sectors of Poonch district at 9.30 p.m. on Sunday," a defence spokesman said."They also started firing at our positions in Balakote sector of Rajouri district around the same time. Our troops responded to Pakistan firing. He added. Source: IANS

First ever meet of Indian Army and China's People's Liberation Army in Daulat Beg Oldie

China’s People's Liberation Army (PLA) had a historic, first of its kind, meeting with delegation of Indian Army in the area named Daulat Beg Oldie (DBO) along LAC in Jammu and Kashmir’s Ladakh sector. A defence spokesperson said that this kind of border-troops level talks, hosted by PLA in DBO, took place for the first time. While Colonel Song Zhoanli led the Chinese delegation, Colonel BS Uppal led the Indian delegation. He also said that the event included ceremonial address by delegate leaders, cultural programme, etc. The spokesperson also said that maintaining peace and cordial relations along LAC was the mutual feeling at end of the meeting.