Major News and Events of 17 October 2015
What Happened on 17 October 2015
Indian Shuttler P V Sindhu stuns former World No. 1 to reach Denmark Open Semis
Manohar Parrikar vouches for Rs. 1200 crore Defence Budget and "Make in India"
Reliance Industries posts better than expected Second Quarter Return
PM Modi says India Proud of Hosting India-Africa Summit
55 Per Cent Polling during Second Phase of Bihar Election
BJP is trying hard to distance itself from Haryana CM Manohar Lal Khattar’s remark where he said Muslims can keep living in India provided they stop eating beef. IT and Telecom minister Ravi Shankar Prasad tried to dodge media query on Khattar’s statement by saying that BJP honours India’s plurality and reserved his comments on the same. M Venkaiah Naidu (Union Urban development minister) said that Khattar’s comments on beef and Muslims are not that of BJP and labeled the comments wrong. Naidu also assured that he will talk to Haryana CM personally and give advice on the matter.
World No. 13 P V Sindhu is continuing her rampaging performance USD 650,000 Super Series Premier Denmark Open event as she humiliated former World No.1 Chinese Wang Yihan in the quarter final match and advanced to the semis. The two-time bronze medallist at World Championship, Sindhu, took 45 minutes to defeat the 6th seeded Yihan in straight sets 21-18, 21-19 at the game played at Odense Sports Park. In the semis, the 20-year old ace Indian shuttler will take on World No. 2 Spaniard Carolina Marin. The odds are against Sindhu as in the past encounters, Sindhu lags 1-3 behind Carolina.
Science and Technology
While speaking at the Indian Institute of Technology-Bombay alumni association organized Global Business Forum, Union Defence Minister Manohar Parrikar said that this year the defence budget will almost double from last year’s mere Rs. 630 crore (approx.) to around Rs. 1,200 crore. He also vouched for his department’s “Make in India” initiatives and the two-fold benefits of defence exports - including economic benefits and opportunity to establish friendly relation with foreign countries. Parrikar stressed on the fact that defence ministry “Make in India” campaign will make India self-reliant in defence equipment manufacturing, save import cost of defence machineries, and most importantly generate “skill, employment and technology”.
Reliance Industries Limited (RIL) has posted a huge consolidated profit of Rs. 6,720 crore (US$ 1 billion) in the second quarter of 2015-16 fiscal, which is an increase of 12.5 per cent. Reports say that this massive rise of consolidated profit of RIL took place due to the high refining margins. On a per barrel basis, earnings of RIL increased from last year’s $8.3 per barrel to this year’s $10.6 per barrel of crude oil processed by the company. RIL’s official release also said that the company’s gross profit increased to Rs. 12,636 crore (US$1.9 billion), an increase of 6.4 per cent.
Prime Minister Narendra Modi has said through his Twitter handle that the country is proud of hosting 4-day long India-Africa summit, scheduled to start on 26 October. He went on to say that desire of both African nations and India of engaging “more intensively for a better future” is reflected in organising the coveted India-Africa summit. While highlighting Mahatma Gandhi’s sharing of close bonds with Africa, PM Modi stressed on the fact that India invests heavily in Africa and there has been remarkable growth in recent years. Heads of states of 40 African nations and representatives from 54 African countries are expected to participate in the summit.
Latest reports show that 55 per cent electorates turned out for voting in the Maoist dominated areas of Bihar during second phase of polling. During 2nd phase assembly poll, 32 constituencies went to poll and out of them, 23 constituencies are known as Maoist hubs. Chief Electoral Officer Ajay V Nayak told media that polling percentage increased by 3 per cent from last assembly election in 2010. A significant aspect noticed during the first two phases of polls during Bihar election is the increased number of women electorates voting than men (57.5 per cent in relation to 52.5 per cent), which analysts believe is a positive trend.