Major News and Events of 25 September 2013
What Happened on 25 September 2013
PM to have summit with Obama, to meet Sharif and Hasina
Restriction on 0% EMI scheme by the RBI
Lalit Modi banned for life
Will there be a romantic twist in Krrish 3?
Grey market price of iPhone 5S hovers around a lakh
Left and the BJP as well as some other parties have expressed their opposition against the ordinance which aims to negate the order of the apex court stating that MPs and MLAs will be disqualified if found convicted in a criminal case. The ordinance was passed when the bill on it could not be passed in the parliament’s monsoon session. BJP leader Yahwant Sinha has specified that the government has taken an unconstitutional step and it could have approached the Supreme Court if it had issues rather than passing the ordinance. Sushma Swaraj, the Leader of Opposition in the Lok Sabha has stated that the BJP has opposed this move and has requested the President not to sign it. The ordinance would offer relief to the elected members and would not lead to their disqualification from house, but their perks will be removed. If this gets the nod from the President Pranab Mukherjee, it will need to be passed by the parliament during the winter session.
Prime Minister Manmohan Singh left for a five days tour today to the US. He specified he will meet the Pakistan’s Prime Minister Nawaz Sharif in New York. He will have a meeting with the US President Barack Obama in Washington on 27th September. The PM is there for the UN General Assembly (UNGA). He stated that his meeting with Obama will be a scope to review bilateral cooperation and chalk out a plan for future procedure. The meeting with his Pakistani counterpart will most probably be on 29th September over the breakfast. Sharif has already reached New York. The PM will also have a crucial meeting with Bangladesh Prime Minister Sheikh Hasina to discuss views and straighten the issues between the two countries.
RBI has put restrictions on 0% interest on products and has asked the banks to offer unified rates of interest and processing on EMI card schemes. The central bank has stated that hidden interest is imposed which is passed to the customer in the 0% EMI scheme for credit cards for retail product purchase. RBI has stated that 0% interest scheme is non-existent and as per the rules the interests and processing charges are uniformly spread so the schemes are just introduced to attract the unsuspecting customers. RBI has also made it clear that no extra charges can be imposed if the payment is done through debit cards as they are not acceptable according to the joint agreement between the bank and the merchants and if imposed entails to termination of the agreement of the bank with the merchant.
The petition filed by Lalit Modi, the former IPL commissioner seeking to adjourn BCCI’s special general meeting was rejected by the Supreme Court on Wednesday. The Indian Cricket Board had its meeting when the court stated it is not going to interfere in the proceedings of the BCCI. The meeting which was held in Chennai resulted in imposing a ban on Lalit Modi for life. There are charges of indiscipline and misconduct on him. This meeting will also imply the return of Srinivasan in the helm of power as heading the BCCI. Modi had appealed in the Supreme Court asking for a stay on the meeting of the BCCI. The meeting was scheduled for a discussion of the report regarding the charges against Modi, and two thirds majority was needed for that.
The trend these days, is to keep surprises which are revealed slowly and leads to more buzz about the movies. If we were talking about Aamir’s double role which was supposed to be a secret, now there is another surprise unfolding slowly which is Kangana Ranaut may not be only the villainous mutant in Krrish 3 as the stills of the movie released, paint an entirely different picture. Here, Hrithik and Kangana are seen romancing each other. Will there be a romantic twist in the movie and there will be another love interest for Hrithik along with Priyanka? For this people have to wait and watch the movie as no one is ready to reveal further details to keep the interest quotient high.
Science and Technology
iPhone 5S or 5C is yet to be launched in India but it is available if anyone is willing to pay not in thousands but in lakhs. iPhone 5S is available in the range of Rs 65,000 to Rs 1,00,000 for the basic models and the price varies according to the city in which anyone is based. What is more the supposedly cheaper version iPhone 5C is available at Rs 55,000 at eBay. The phones are factory-unlocked; the buyers will not get the official warranty. The 16GB iPhone 5S comes at $649 or Rs 40,000 approximately in the US and the iPhone 5C is priced at $549 or hovering around Rs 34,000. The gold colored iPhone 5S is much in demand and people are willing to pay exorbitant prices to become the first owner of the phone.