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Major News and Events of 03 July 2016

What Happened on 03 July 2016


03 July 2016 Current Events Mortal Remains of Indian killed in Dhaka Terror Attack to be brought back to New Delhi Tomorrow

Mortal remains of 19 year old Tarishi Jain, Indian among the 20 hostages killed during heinous terror strike in Bangladesh’s capital Dhaka, will be brought back to India by her relatives on Monday. Her last rites will be performed in Uttar Pradesh’s Firozabad. Signs of gruesome torture on Tarishi and other slain victims are evident from the injuries. Bangladeshi PM Sheikh Hasina vowed to root out terror from her country. Indian PM Narendra Modi “strongly condemned the despicable attack”. West Bengal CM Mamata Banerjee condemned the terror attack and called for fighting terror together. Bangladesh’s Home Minister Asaduzzaman Khan refuted claims of ISIS’s involvement and called the terrorists Jamaeytul Mujahdeen Bangladesh’s members.  Political advisor to Sheikh Hasina, Hossain Toufique Imam, also pointed finger at banned Jamaat-ul-Mujahideen and hinted at involvement of Pakistan’s ISI in derailing the incumbent Hasina government in Bangladesh.


Sartaj Aziz says India-US Bonhomie shouldn't increase India-Pak Gap

Sartaj Aziz, advisor of Pakistan’s Prime Minister Nawaj Sharif on foreign affairs, said his country is not at all worried about strengthening India-US partnership. However, he also said that increasing bonhomie is not a matter of concern until and unless strategic as well as conventional gaps between subcontinent’s nuclear-armed rivals increase. By warning India, Aziz reminded how Pakistan moved tactical nuclear weapons in response to India’s Cold Start doctrine. A few days back US had raised concerns about Pakistan’s efforts of combating terrorism.


Indian Security Agencies believe ISIS-backed Dhaka-Like Terror Attack a "Real Possibility" in India

Indian security agencies have warned Government that ISIS-backed terror attacks have become a “real possibility”. In the last 6 to 7 months, NIA has busted 3 ISIS modules in Hyderabad and Roorkee. Security agencies are keeping an eye on around 500 radicalised youth in India. With high alert along Bangladesh border, Indian agencies fear Dhaka-like attacks in West Bengal and Assam by Jamaeytul Mujahdeen Bangladesh. In its online magazine Dabiq, ISIS has warned of two-pronged big terror attacks through Pakistan and Bangladesh.


Morgan Stanley's Ruchir Sharma believes India's GDP Overstated, Needs more Private Investment

Ruchir Sharma, Chief Global Strategist of Morgan Stanley, has called GDP number of India “overstated” and emphasised on the need of increasing private investment so that Indian economy gets back on track. He emphasised on the linkage between low sustainable inflation rate with very high investment level and gave examples of emerging economies including China, Korea, and Taiwan. He appreciated RBI’s decision of keeping inflation within 5 per cent. Though Sharma was fine with overall investment in India, he reminded that most of the investments are government supported.


Nasscom vouches for Full Flexibility for Apps and Websites on Giving Free Data to Customers

In response to TRAI’s consultation paper, Nasscom has opined that the telecom operators shouldn’t have any control (neither direct nor indirect) on the content that the customers view online. The IT body said that they are not in favour of any kind of discrimination between websites and apps that may arise from any kind of conditions attached to rewards by the platform. Nasscom has not only invoked net neutrality issue but also pressed for giving complete flexibility to websites and apps for rewarding free data.


Chennai Techie murder accused arrested from Southern Tamil Nadu

Chennai Police has arrested the murder accused, 22-year-old Ram Kumar, of the murdered Infosys employee and software engineer Swathi (24 years old). The accused is reported to be mentally unstable and is believed to be an engineering graduate from Tirunelveli’s Meenakshipuram. At the time of capture, the accused tried to slit his own throat but is now reportedly fine. Chennai Police Commissioner T.K. Rajendran said that the murder accused Ramkumar acted upon alone in the murder. Victim’s family has sought capital punishment for the murderer.


Mortal Remains of Indian killed in Dhaka Terror Attack to be brought back to New Delhi Tomorrow

Mortal remains of 19 year old Tarishi Jain, Indian among the 20 hostages killed during heinous terror strike in Bangladesh’s capital Dhaka, will be brought back to India by her relatives on Monday. Her last rites will be performed in Uttar Pradesh’s Firozabad. Signs of gruesome torture on Tarishi and other slain victims are evident from the injuries. Bangladeshi PM Sheikh Hasina vowed to root out terror from her country. Indian PM Narendra Modi “strongly condemned the despicable attack”. West Bengal CM Mamata Banerjee condemned the terror attack and called for fighting terror together. Bangladesh’s Home Minister Asaduzzaman Khan refuted claims of ISIS’s involvement and called the terrorists Jamaeytul Mujahdeen Bangladesh’s members.  Political advisor to Sheikh Hasina, Hossain Toufique Imam, also pointed finger at banned Jamaat-ul-Mujahideen and hinted at involvement of Pakistan’s ISI in derailing the incumbent Hasina government in Bangladesh.

Sartaj Aziz says India-US Bonhomie shouldn't increase India-Pak Gap

Sartaj Aziz, advisor of Pakistan’s Prime Minister Nawaj Sharif on foreign affairs, said his country is not at all worried about strengthening India-US partnership. However, he also said that increasing bonhomie is not a matter of concern until and unless strategic as well as conventional gaps between subcontinent’s nuclear-armed rivals increase. By warning India, Aziz reminded how Pakistan moved tactical nuclear weapons in response to India’s Cold Start doctrine. A few days back US had raised concerns about Pakistan’s efforts of combating terrorism.

Indian Security Agencies believe ISIS-backed Dhaka-Like Terror Attack a "Real Possibility" in India

Indian security agencies have warned Government that ISIS-backed terror attacks have become a “real possibility”. In the last 6 to 7 months, NIA has busted 3 ISIS modules in Hyderabad and Roorkee. Security agencies are keeping an eye on around 500 radicalised youth in India. With high alert along Bangladesh border, Indian agencies fear Dhaka-like attacks in West Bengal and Assam by Jamaeytul Mujahdeen Bangladesh. In its online magazine Dabiq, ISIS has warned of two-pronged big terror attacks through Pakistan and Bangladesh.

Morgan Stanley's Ruchir Sharma believes India's GDP Overstated, Needs more Private Investment

Ruchir Sharma, Chief Global Strategist of Morgan Stanley, has called GDP number of India “overstated” and emphasised on the need of increasing private investment so that Indian economy gets back on track. He emphasised on the linkage between low sustainable inflation rate with very high investment level and gave examples of emerging economies including China, Korea, and Taiwan. He appreciated RBI’s decision of keeping inflation within 5 per cent. Though Sharma was fine with overall investment in India, he reminded that most of the investments are government supported.

Nasscom vouches for Full Flexibility for Apps and Websites on Giving Free Data to Customers

In response to TRAI’s consultation paper, Nasscom has opined that the telecom operators shouldn’t have any control (neither direct nor indirect) on the content that the customers view online. The IT body said that they are not in favour of any kind of discrimination between websites and apps that may arise from any kind of conditions attached to rewards by the platform. Nasscom has not only invoked net neutrality issue but also pressed for giving complete flexibility to websites and apps for rewarding free data.

Chennai Techie murder accused arrested from Southern Tamil Nadu

Chennai Police has arrested the murder accused, 22-year-old Ram Kumar, of the murdered Infosys employee and software engineer Swathi (24 years old). The accused is reported to be mentally unstable and is believed to be an engineering graduate from Tirunelveli’s Meenakshipuram. At the time of capture, the accused tried to slit his own throat but is now reportedly fine. Chennai Police Commissioner T.K. Rajendran said that the murder accused Ramkumar acted upon alone in the murder. Victim’s family has sought capital punishment for the murderer.




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