Major News and Events of 27 September 2013
What Happened on 27 September 2013
Rahul Gandhi openly criticizes the ordinance passed by the Government
Sensex down by 167 points
SC rules Srinivasan cannot return to power till the case is in court
Shah Rukh Khan weary of losing his position
Google launches Hummingbird upgrade to search algorithm
Supreme Court has made a historical verdict wherein the citizens will have the right to reject the candidates standing for elections. The right to cast negative vote would inspire the people to go and vote even if they are not satisfied with any candidates. In the EVM there will be the option, ‘none of the above’ at the end of the list. Similarly, in the ballot papers the same will be provided. The apex court bench headed by CJ P Sathasivam said that negative voting would ensure there is more participation by the people. This would also force the parties to field in candidates who have clean records. The negative voting is in vogue in 13 countries and here in the country the legislators practice it during voting in the house. The court noted this right is a component of right to freedom of speech and expression. Court did not say anything about the scenario where the votes rejected would surpass the votes done.
Rahul Gandhi gave a shocker today by openly criticizing the ordinance passed by the government stating it was wrong and had to be torn up. Red faced Congress replied that the situations were evolving and tried to tone down the scenario where it seems Prime Minister Manmohan Singh has been publicly snubbed by Rahul Gandhi. Ajay Maken, Congress communication department chief who was present in the press conference where this happened stated that Rahul Gandhi has taken an independent decision of opposing the ordinance and if he has decided the Congress will also do so. At present the President has asked the Home Minister and the Law Minister to inform him the details of the ordinance. Maken stated that whatever the decision regarding the ordinance has to be taken it will in due course of time.
Sensex closed today, slumping by a percent as chaos prevailed in the market with the figures of quarterly current account deficit to be announced on Monday. The mood was further dampened with the comment by the RBI governor Rajan on pressures due to inflation. The Sensex started at 19,951.73 points and ended at 19,727.27 points, dipping by 166.58 points or 0.84% from its previous day’s figure of 19,893.85 points. In the intra-day trading it went up to 19,981.57 points and down to 19,674.38 points. NSE closed at 49.05 points or 0.83% down at 5,833.20 points. The stocks of capital goods, banks, metal, automobile company, consumer durables slumped. But buying was observed in oil and gas, information technology and FMCG stocks.
The Supreme Court has given the verdict that the BCCI can have the AGM which is scheduled for Sunday but N. Srinivasan cannot come to power even if he gets elected. The Supreme Court bench headed by Justice A.K. Patnaik stated that Srinivasan cannot be at the helm of power until and unless the court gives its decision pertaining to the petition filed by the Cricket Association of Bihar (CAB), which does not carry the recognition by the BCCI. The matter will come up for hearing on Monday. CAB had appealed to the court requesting it to restrict Srinivasan from returning to power as his son-in-law. The matter will come up for hearing on Monday.
Shah Rukh Khan has stated he needs to work hard to maintain his position in the industry. He said he had this constant fear of loosing his position and so he went to working extra hard even when he did not require doing so. Shah Rukh said he cannot bask in glory that his film is the biggest grosser as that record will be broken by anyone else. His way to stardom has not been easy and he is not willing to loose it anyway. Failures have given him lessons in life like when Ra One was released he said he lost many friends as well as fans so to say and with Chennai Express he has made enemies now.
Science and Technology
Google has come up with a big upgrade in its search algorithm which is operational since past one month and is believed to affect at least 90% of the searches. This algorithm is supposed to deal with complex queries and Google’s Amit Singhal stated users should be spending time more in living than in searching for answers to their queries. The upgrade known as Hummingbird aims in understanding the search queries intelligently. The earlier version, Caffeine, focused on enhanced indexing of websites. Hummingbird will have an understanding of concepts and correlation between them. This forms a part of the "Knowledge Graph" which Google launched last year to interact and have more of human element.