Major News and Events of 29 October 2013
What Happened on 29 October 2013
Pakistan violates ceasefire again, makes it 150 violations in 2013
Nitish Kumar says Modi's dream of Red Fort will not be a reality
Key policy rates increased by the RBI, 2nd time in 2 months
1st unit of Kudankulam Nuclear Power Project starts generation of power
Special effects of Krrish 3 done by an Indian crew
Out of the two terror suspects who were involved in the Patna serial blasts, Mohammad Imtiaz Ansari was sent to 7 days of judicial custody by a court of the railway magistrate. Another suspect’s condition is said to be critical. Imtiaz who has been the mastermind of the blasts hails from Ranchi. He was nabbed from Patna railway station after a bomb explosion on platform No. 10. He is now in Beur Central Jail under judicial custody.
Ainul alias Tarique, the second suspect was arrested after he was found writhing in pain at a washroom in the railway junction. The bomb which he was trying to implant exploded and inflicted splinter injuries to his brain. Earlier he was believed to be one of the victims of the blast till it was revealed he was a terror suspect. He is not responding to medicines and seems to be losing battle of life. The news reported earlier that one of the terror suspects had died taking the death toll to six was not accurate as the police confused a victim Rakesh Kumar for Ainul who is still alive.
Pakistani troops continued the ceasefire violations opened fire at forward areas along the LoC in Poonch district. To this the Indian troops responded with the similar caliber weapons like automatic weapons and small arms. The firing happened at 5:10 am today morning in Gambhir area in Bhimbher Gali sub-sectors. The fire exchange lingered till 7:00 am. No casualty happened in the incident and no one suffered injury. On Monday Pakistani Rangers had fired at a border outpost in Kathua district along the LoC. This makes the ceasefire violations total stand at 150 in Jammu and Kashmir along the international border in 2013. This is the highest number of ceasefire violations in 8 years.
Bihar CM Nitish Kumar charged Gujarat CM Narendra Modi of presenting false statements for gaining political mileage. Interestingly he has retaliated to Modi’s ridicule after two days. Nitish Kumar addressed JD(U) workers in Rajgir at the 'Chintan Shivir'. Nitish stated one who was aspiring for the high position should be reserved and dealt with Modi’s rebuke of him in the Patna rally on Sunday one by one. He also stated that Modi’s dream of Red Fort will not become a reality. He went ahead and said, that why words of Modi were bitter when Gujaratis loved ice-cream. Nitish had remarks for the rally as well. He questioned the need for naming it 'hunkaar' as a person vying for the PM’s post should be sober but not be arrogant. It remains to be seen how Modi responds to this.
As expected RBI hiked the key policy rates for the 2nd time in 2 months in its attempt to curtail the inflation. Even though it may have an adverse effect on the slow economy but this step has been taken and the repo rate, at which lending is done to commercial banks, has been raised from 7.5% to 7.75%. Raghuram Rajan, the RBI governor stated it was essential to curb the inflation for fostering growth of the economy. The positive aspect is that the cash reserve ratio or CRR which is the deposits’ percentage the banks have to have in cash with the RBI remains static at 4%. The Marginal Standing Facility (MSF) rate has been slashed by 0.25% to 8.75%.
The wholesale inflation has gone beyond the comfort zone and has been at 5% for four successive months. In September the annual inflation spiraled to 6.46% highest in seven months which led to increase in prices of food items as well as fuel. In midst of all this the common man has a now lot to bear, not only high prices but also increased rates of interest on loans.
Science and Technology
The 1st unit of Kudankulam Nuclear Power Project (KNPP) has started generating power and has supplied though only 20% of its capacity to the southern power grid as per a report by Power System Operation Corporation Ltd. On October 25, the 1,000 MW unit synced again with the grid. It generated 200 MW power on October 28, though on October 27 it had generated only 188 MW. The unit was 1st synced with the power grid on October 22 and then it had generated 75 MW of power. Then the supply was raised to 160 MW but after about two hours the unit tripped as there was reverse power. So on October 25 it was linked again to the grid and then it supplied 160 MW of power. The power the unit generates as of now will be shared with Tamil Nadu and when it is operational commercially then the other states in South India will share the power generated by the unit.
Krrish 3 will be the first sci-fi movie of Bollywood which would have an Indian team doing all the VFX shots and special effects. The movie’s promo has become very popular with the audience and it appears to be like a Hollywood flick. Hrithik Roshan said his father Rakesh Roshan gave ample time of one and half years to the technicians as he shot all the special effects first so that they can work properly on that. Hrithik also stated that India has all the resources to pull out a movie like this, what was needed was exposure.
Krrish 3 releases on November 1, around Diwali which has been earmarked for releases of Shah Rukh Khan’s movies. There is more in store for the movie before its release as a scriptwriter from Madhya Pradesh has taken the makers to the court, claiming his script has been used in the movie without giving him the credits for the same.