Major News and Events of 10 June 2015
What Happened on 10 June 2015
Gartner expects Indian Business Intelligence Software Revenue to jump 15 Per Cent in 2015 to $150 Million
ISRO wins Prestigious 2015 Space Pioneer Award for its Mangalyaan Mission
Indian Bourses jumps back to the Green after 6 days; Sensex Jumps 453 Points Today
I&B Ministry seeks Reasons from MHA for Denying Security Clearance to Sun TV Network Channels
Chandrababu Naidu in Combative Mood as he prepares to Meet PM Modi Today on Phone Tapping Issue
Jitender Singh Tomar Resigns, Kapil Mishra becomes New Law Minister of Delhi
Two-member World Bank Mission in India to Collect Data for Preparing Doing Business Report 2016
FIR filed against UP Minister for Murdering Journalist
Japan Minister Praises Modi-Abe Friendship; Shows Interest in Participating in US-India Malabar Exercises
India's Covert Op in Myanmar Avenges Manipur Massacre
Team India started its Bangladesh campaign in the rain-interrupted first day of Test match in Fatullah’s Khan Shaheb Osman Ali Stadium with a bang by piling up 239 runs in 56 overs without losing a single wicket. While Shikhar Dhawan made a superb comeback to score 150 runs (consisting 21 fours) in just 158 balls, Murali Vijay gave Dhawan support by scoring 89 runs in 178 balls. India today won the toss and decided to bat first and the responsible partnership between Vijay and Dhawan helped score over 200 runs with a run rate of 4.27 runs per over. There were just three maiden overs on Day one and the pair was hardly troubled by Bangladesh team’s bowling except once when Dhawan was dropped at his individual score of 73.
Science and Technology
Gartner (IT research and advisory company), during Gartner Business Intelligence and Information management Summit, said that revenue of Indian business intelligence (BI) software is expected to increase by 15 per cent in comparison to that of 2014’s 138.8 million revenue to reach $150 million. The forecast includes revenue earned from corporate performance management (CPM), analytic applications, advanced analytics, and BI software platforms. A statement issued by Gartner says that revenue earning is still led by BI software market in India, which is expected to reach $92.7 billion in 2015. Research Director at Gartner, Bhavish Sood, said that BI and analytics market is currently witnessing a change where a shift towards self service and customised application for information workers and business users can be witnessed due to the emergence of “mobile, information, cloud and social media technologies”.
Science and Technology
The 2015 Space Pioneer Award has been conferred to Indian Space Research Organisation (ISRO) for achieving the marvelous feat of successfully launching and operating Mangalyaan Mars Orbiter Mission (MOM). As per repots, the concerned award has been conferred by US’ National Space Society during 34th Annual International Space Development Conference. India’s space agency was chosen for the award because India is the first country ever to successfully launch and also place the satellite on Mars’ orbit on its first attempt. In addition, India became the first country in Asia and fourth country in the world (after USA, Russia, and Europe) to reach either Mars or its orbit. It is the second time, ISRO has received this award, the first time being in 2009 for successfully launching Chandrayaan-1 lunar probe. MOM is currently in blackout phase and is driven autonomously, without taking any command from Earth.
Indian bourses today made a superb comeback after witnessing six-day downward movement as BSE Sensex jumped today by 453 points and NSE Nifty increased 102.05 points from previous close. Sensex closed today at 26,840 points (an increase of 1.36 per cent) and Nifty closed above the strong psychological support of 8,100 at 8,124.45 points (an increase of 1.2 per cent). While Sensex’s high and low today are 26,934.74 and 26,493.29 respectively, Nifty reached 8,152.25 points high and 8023.80 points low today. Analysts believe the main reason why market increased by more than 450 points is the overselling of market in the last few days, making it inevitable for it to bounce back. Government approving Rs 6,000 crore interest-free one-year loans to the sugar companies has also gone down well with the traders, giving the market required impetus.
Information and Broadcasting Ministry has sought reasons through a written letter to the Ministry of Home Affairs for not clearing Sun TV Network’s 33 channels. The reasons will help I&B Ministry to take further action against the TV network. However, it is also learnt that the reasons will also be communicated to the network, as the principle of natural justice demands it, in case further actions are taken by the ministry against Kalanithi Maran-promoted Sun TV Network. Reports say that I&B ministry sent TV channel clearing request to the Home Ministry as the former needs security nod from the latter before issuing broadcasting licences. When senior I&B Ministry officials were asked about the recent developments, which led to 23 per cent drop in Sun TV’s stock on Monday, they just said that consultation is still going on.
Andhra Pradesh Chief Minister Chandrababu Naidu, in an interview, claimed that if Telangana Chief Minister K Chandrasekhar Rao tries to arrest him over cash-for-votes allegations, the latter’s government will fall. When asked about his voice in an audio related to the case, Naidu refused to be answerable on the issue and went on to say that the tape is either doctored or Telangana CM/his TV Channel TNews tapped his conversation. Reports say that Naidu is all set to meet President Pranab Mukherjee, Prime Minister Narendra Modi, and National President of BJP Amit Shah for ensuring the common Governor of both the states maintains the primacy in Hyderabad. Sources say that Telangana ACB is all set to file petition in a local court to seek permission of voice sample of Naidu to cross check with that in the audio tape.
AAP leader Jitender Singh Tomar, who was arrested yesterday by Delhi Police, has resigned from his Delhi Law Minister’s position. Delhi government has appointed Kapil Mishra (Vice Chairman of Delhi Jal Board) as the new law minister. Tomar, who has been remanded to four-day police custody, has been taken to UP’s Faizabad to gather more information as well as on-spot verification, B S Bassi (Delhi Police Commissioner) told media. Adding to the humiliation of the Aam Aadmi Party Government, Ram Manohar Lohia Awadh University has declared that BSc marksheet and degree of Tomar are fake. Police is currently investigating whether there is an organised racket involved in faking university degrees in Faridabad. Meanwhile, AAP has moved court against Jitender Singh Tomar’s arrest, which will be heard tomorrow. Arvind Kejriwal (Delhi CM) and Manish Sisodia (Delhi Deputy CM) are today meeting Lieutenant Governor Najeeb Jung.
A World Bank Mission, comprising Baria Nabil Daye and Nadine Abi-Chakra, is currently in India to collect data for preparing 2016 Doing Business Report that will rank countries on the basis of Ease of Doing Business. India’s current ranking is 142 out of total 189 countries. A meeting under the chairmanship of Ajay Tyagi (Additional Secretary) started yesterday at Department of Economic Affairs’ Ministry of Finance. DIPP’s Joint Secretary, Shailendra Singh, told the mission about the reforms undertaken such as removal of the requirements for companies like filing declaration of commencement, common seal, minimum paid-up capital, etc. Other steps undertaken such as introduction of INC-29 Form for incorporating companies through a single step, Customs Clearance Facilitation Committees at ports, rehabilitation and revival of MSMEs, and others are also briefed to the mission. The World Bank members assured India of noting the initiatives undertaken by the government.
Ram Murti Verma, Uttar Pradesh minister in charge of dairy development, has been booked by the police on charges of murdering a Shahjahanpur based journalist named Jagendra Singh. The journalist had carried out a relentless campaign on Facebook against the concerned minister, who along with his accomplices raped an Aganwadi worker. The IPC charges leveled against him and four others (that includes Kotwali station in-charge) are 302 (murder), 120 B (criminal conspiracy), 506 (criminal intimidation), and 504 (insult with the intention of provoking for breaching peace). Slain journalist's son, Raghvendra Singh, said that a police team with henchmen of the minister raided their house on 1 June and poured petrol and burnt his father alive after an altercation. IPS officer Amitabh Thakur, Inspector General (Civil Defence), claimed that he has “dying declaration” video of the slain reporter, which will be provided to the probing officers.
Akitaka Saiki (Japan's Vice Minister for Foreign Affairs), who had a one-to-one meeting with S Jaishankar (India’s Foreign Secretary), said that India, Australia, and Japan “are more or less on the same page” on different international issues including China’s escalating assertiveness in contentious South China sea. He went on to say during his speech at Observer Research Foundation that the three commonalities (very strategic, dynamic, and vibrant) between Shinzo Abe (Japanese PM) and Indian Prime Minister Narendra Modi are helping both the economies to expand and grow. Akitaka Saiki, during the first ever trilateral meet among India, Australia, and Japan, said that his country is interested to join the Indo-US Malabar series of naval exercises. Though the Malabar series started back in 1992, Japan and Australia join the naval series only on rare occasions.
Elite commandos of the Indian army carried out a covert surgical cross-border strike inside Myanmar to kill over 50 North East militants belonging to NSCN(K) and KYKL terror outfits, who are believed to have carried out 4 June Manipur massacre killing 18 Indian soldiers. Indian Army's para commandos with assistance from Mi-17 helicopters were able to make the strike on two militant camps having 150 militants on the basis of "specific and precise" "cutting edge” intelligence inputs. Reports say the operation started at 3am yesterday and Myanmar Army was sent a communiqué by Indian Army minutes before the operation started. To make the operation successful, NSA Ajit Doval skipped his Bangladesh visit with PM and Army Chief Dalbir Singh Suhaag cancelled his UK-visit. MoS I&B Colonel (retired) Rajyavardhan Singh Rathore informed media that PM Modi ordered the "hot pursuit" and signaled the neighbours having terror intent that “Friendship and zero tolerance will go hand-in-hand”.