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Major News and Events of 08 January 2015

What Happened on 08 January 2015


Indian Bourses Bounce Back

After Indian bourses bled profusely just two days back, they bounced back today. BSE Sensex has surged by 380 points and NSE Nifty by 129 points till 2.17pm. At that time, Sensex touched 27,287 points and Nifty 8,231 points. It is reported that main reasons of the surge is strong buying of stocks belonging to the FMCG and finance sectors. Tata Motors' stock is reported to have increased by 4 per cent. Maruti Suzuki’s stock price also made a significant gain.

NaMo Addresses Pravasi Bharatiya Divas 2015

Indian Prime Minister Narendra Modi today addressed 13th Pravasi Bharatiya Divas where he asked Non Resident Indians to contribute to the success of India. He also let them know that the country has changed a lot and the entire world is hopeful about resurgence of India. Modi welcomed NRIs to India and become part of rising India. PM also told the audience that for helping the Indian diaspora, India has merged PIO and OCI cards. This will help everyone to get equal benefit.

Separatists and Terror Groups stand against PDP-BJP Alliance

Terror outfits and separatists are pressurising People's Democratic Party for not forging alliance with the second largest party of the state, Bharatiya Janata Party, according to sources. Hizbul Mujahideen yesterday issued statement that a government in J&K Assembly will be nothing be just like the previous ones and they will also usurp resources of the state and not provide justice to Kashmiri people. Syed Salahuddin, Hizb Chief, said that Modi government’s attitude of not allowing international communities to participate in flood rescue operation shows their attitude towards Muslims and Kashmiris. This statement came just after reports of meeting between Abdul Gani Bhat (moderate Hurriyat leader) and Mohammad Sayeed surfaced.  

Sushma Swaraj asks Young Indian Diaspora to Contribute to Indian Development

Union Minister for External Affairs and Overseas Indian Affairs Sushma Swaraj, while inaugurating Youth Pravasi Bharatiya Divas in Gujarat’s Gandhinagar asked NRI youths to contribute, celebrate, and connect with changing India for making the dream of a superior and united India a success. She also reportedly said that Gujarat’s glory has doubled by hosting both Pravasi Bharatiya Divas and Vibrant Gujarat Summit. She went on to ask the diaspora of contributing to development of India through different programmes such as Digital India and Make in India.    

 

Bombay High Court Rubbishes Government's Challenge of Fare Hike

Bombay High Court ruled out the challenge made by government on higher fare charged by Reliance Infrastructure for metro ride from Mumbai’s Ghatkopar to Versova on existing lines. The private company had reported to the court that by charging a maximum fare of Rs. 13 for longest ride, it is losing up to Rs. 85 lakh every day. Reliance Infrastructure is reportedly charging commuters anything from Rs. 10 to Rs. 40. After Bombay HC’s verdict, metro ride for Mumbai commuters will be dearer from now.

Shashi yet to Receive Delhi Police Summon

Congress MP, Shashi Tharoor, husband of Late Sunanda Pushkar, is reported to be undergoing treatment in an Ayurvedic Clinic of Kerala and has not received any summon from Delhi Police yet. Yesterday it was reported that Delhi Police had sent a notice to the MP for question under 160 of CrPC. Available reports point out that the police is all set to question Tharoor on 15 injuries found on Sunanda’s body, reasons of her public fight with Mehr Trar (renowned journalist of Pakistan), and her medical history, and many more.

 

Some Indian Politicians and Academicians Hail Ancient Indian Achievements; Many Criticise it as Myth

After witnessing controversial claims amount scientific achievements in ancient India during Indian Science Congress, the tradition is going on in Gujarat’s Pravasi Bharatiya Divas too. During a session called ‘Bharat Jano’, Bharat Gyaan D K Hari as well as Hema Hari claimed that it is India that let western world know about diamonds and sugar. They also claimed that the concept of ‘zero’ and ‘infinity’ were first discovered in ancient India itself. Ram Naik, Governor of Uttar Pradesh, yesterday said that he pity those people who feel ashamed by history of India’s rich scientific achievements.

ICICI Bank Issues Scientifically Advanced Credit/Debit Cards

ICICI Bank introduced a new series of credit cards and debit cards. Payments can be done with the help of these cards simply by waving them before the merchant terminals, without requiring to swipe the card. Till now ICICI Bank has installed more than twelve hundred PoS machines that use NFC-technology to make payment. The largest private bank in India introduced these cards in Gurgaon, Hyderabad, and Mumbai.

India Gives a Commendable Fight to the Aussies but Still Trail by 230 Runs

Virat Kohli played a captain’s knock today by scoring a ton (140 not out), denying Aussies an easy win in the last test of the ongoing Test Series. India has scored 342 runs with the fall of 5 wickets on third day of the test. India still trails by 230 runs. Another player who scored a century is Lokesh Rahul, who scored 110 runs out of 262 balls. Wriddhiman Saha is at crease by scoring 14 runs. Former skipper Sourav Ganguly told media that Lokesh Rahul is one of the bright future prospects of Indian Cricket Team.

Bengal Global Business Summit Succeeds to get Rs. 2.43 lakh crore Investment

Mamata Banerjee, Chief Minister of West Bengal, has said that during Bengal Global Business Summit the state has received investment proposals to the tune of Rs. 2.43 lakh crore, spread across different verticals including ports, teel, mining, health, education, tourism, infrastructure, and many more. Today the CM also told that there is no dearth of land in the state but expressed her reservations on Special Economic Zones.  She has reportedly apologized before the industrialists for ‘financial mismanagement’ of Left regime.

Shareholders Today give go ahead to Management Decision of Kotak Mahindra Bank-ING Vysya Merger

Merger proposal of Kotak Mahindra Bank-ING Vysya gets approval from the shareholders at EGM today. On November 20, announcement of merger was first done by the managements of both the companies. Per the merger proposal, 725 Kotak stocks will be exchanged for 1000 stocks of ING Vysya. After this news became public, prices of both the stocks jumped significantly. While Kotak’s stock increased by 3 per cent, ING Vysya Bank’s stock rose by 3.4 per cent till 11.35 am. After this merger the entity becomes 4th largest private bank of India, if total business is considered.




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