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Major News and Events of 10 December 2015

What Happened on 10 December 2015


India voices concern on New Climate Change draft released at COP21

India has voiced concern over the new draft that has been released yesterday at Paris Climate Change Summit. It has categorically mentioned that polluters as well as victims cannot be placed at the same level and if both are placed at the same level then a durable agreement cannot be created. Prakash Javadekar, India’s Environment minister, has said that developed countries are trying to shift all their responsibilities to developing countries and are at the same time not even fulfilling their financial obligations. He also said that Intended Nationally Determined Contributions (INDCs), which can be a game changer, has not even mentioned in the new draft.

Vishy gets 2.5 Points after 5 Rounds in London Chess Classic by crushing Veselin Topalov

Viswanathan Anand, the 5-time World Champion, has bagged 2.5 points after the Indian defeated Bulgaria’s Veselin Topalov in the London Chess Classic’s 5th round. London Chess Classic is considered as Grand Chess Tour’s final edition. This win for Vishy is a welcome relief for the Indian after he lost to United State’s Hikaru Nakamura in an earlier game. Viswanathan Anand successful used the same variation technique to beat the Bulgarian that French Grandmaster Maxime Vachier-Lagrave used a few days back against Veselin Topalov. Others who bagged 2.5 points in the fifth round are Levon Aronian, Michael Adams, Alexander Grischuk, Fabiano Caruana, and Magnus Carlsen.

Veteran CPI Leader AB Bardhan's Health Condition still Critical after Paralytic Stroke Attack

Veteran CPI leader AB Bardhan is still under critical health condition, after he suffered a major paralytic stroke on Monday. He is currently in GB Pant Hospital and has been diagnosed with a brain hemorrhage. He was hospitalized after he complained about breathlessness. Besides well wishers of the nonagenarian Marxist leader calling the CPI headquarters inquiring about his health condition, many noted politicians including CPIM Politburo members Prakash and Brinda Karat, NCP supremo Sharad Pawar, and others visited the hospital. Bardhan’s daughter Alka Barua is by his side and his son, who lives abroad, is flying back home. CPI leader D Raja called the veteran’s health condition “very critical”.

CBI files Chargesheet against actor Sooraj Pancholi for abetting suicide of Jiah Khan

Special crime division of Central Bureau of Investigation has filed a chargesheet against actor Sooraj Pancholi with chilling details of the turmoil actress Jiah Khan went through because of him. Experts believe the CBI chargesheet has the potential of strengthening abetment to suicide case against Sooraj Pancholi. Reports say that IPC Section 306 has been slapped against a "private person" and may get Pancholi imprisoned for ten years along with a fine. The note written by Jiah Khan before her death has been mentioned in the chargesheet and pointed out that the mental as well as physical torture she went through may have led Jiah to commit suicide.

India and Pakistan decide Resumption of Comprehensive Dialogue

India and Pakistan have put Ufa talks back on track in Islamabad by announcing Comprehensive Bilateral Dialogue. The development came during External Affairs Minister Sushma Swaraj’s 2-days visit to Pakistan for attending Heart of Asia conference. Per the announcement (which came after Swaraj met Pakistan PM Nawaj Sharif and Pakistan Foreign Affairs Adviser Sartaj Aziz), composite dialogue will take place on terror, Kashmir, and other pending issues. Sources say that assurances by Pakistan PM on expediting Mumbai attacks trial facilitated Modi government’s stance in entering into a composite dialogue process with the estranged neighbor. It is learnt that base of Comprehensive Bilateral Dialogue announcement was created in Bankok during the meeting between NSA A K Doval and Nasir Janjua, NSA of Pakistan. Meanwhile, US has welcomed the recent development of Indo-Pak dialogue resumption. Prime Minister Narendra Modi will visit Islamabad to attend SAARC Summit in 2016.

Sources say Sonia-Rahul may appear before Lower Court in National Herald Case

Sources say that Congress President Sonia Gandhi and her son Vice President of the party Rahul Gandhi have decided to appear before the lower court on December 19 in National Herald case. The change in tactics came within 24 hours span after Congress approached the apex court asking for a stay on personal appearance of Sonia and Rahul. Analysts believe the tactical change in approach to the problem came after they decided to face the problem aggressively rather than let BJP score brownie points by setting the agenda. National Herald Case is still haunting parliament as INC leader Ghulam Nabi Azad accused Modi government of influencing the case.

BJP MP's "Fair Skinned" Jibe leaves Congress Fuming

BJP MP Virender Singh criticized Congress for its parliament stalling tactics and went on to say that the grand old party of India wants “fair skinned” people to hold the Prime Minister’s Office. Congress took offence to BJP MLA’s remarks, which were allegedly made against Rahul Gandhi and Jyotiraditya Scindia. INC sought suspension of the BJP MP (representative from Uttar Pradesh’s Bhadoi) from the parliament not only for making “derogatory and personal remarks” against leadership of Congress but also for using unparliamentary language in Lok Sabha. BJP lawmaker Virender Singh said that the Jyotiraditya Scindia still behaves like a feudal “Maharaja” and reminded him that the times of feudal lords are over.

Japan wins India's first Bullet Train Project of worth Rs. 98,000 Crore

Reports say that cabinet has cleared the well awaited Rs. 98,000 Crore project of first high-speed train, to run from Mumbai to Ahmedabad. It is learnt that the project is likely to be extended to Delhi in the coming future. The deal has been clinched by Japan by keeping its competitor China behind. Final announcement of the deal is likely to be made during Japanese Premier Shinjo Abe’s 3-days visit to India. Sources say that there are three distinct reasons why Japan clinched the deal from China and they are availability of low cost finance from Japan, assurance of significant “Make in India” component, and transfer of technology.  

RBI says it will Intervene in Currency Futures market if required

Reports say that a senior official of Reserve Bank of India said during a training programme of bank trainees that the apex bank is intervening in futures (derivatives) market of rupee currency. A statement issued by RBI says that when required the apex bank will intervene the exchange traded currency derivatives market. However, the statement stopped short of referring anything about its current activity in the market. Analysts are saying that this kind of move is rare, especially when RBI’s policies are taken into account, and have started reading between the lines of the upcoming interest rate policy decision by US Fed.