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Major News and Events of 14 June 2015

What Happened on 14 June 2015


India Inc. Raises Rs. 1 Lakh Crore through Corporate Debt Securities/Bonds during April-May 2015

Per latest data published by Securities and Exchange Board of India (SEBI), Indian companies raised a total of Rs 1,05,499 crore funds during April-May months of 2015 through Corporate Debt Securities or Bonds. Reports say that India Inc. has raised funds to this extent for meeting working capital requirements and expand business. While Rs. 84,807 crore was raised in April 2015, Rs. 20,692 crore was raised in May 2015. Analysis of last one year’s data shows that amount raised by Indian companies in April 2015 is the highest witnessed in a single month since January 2007. Reports say that during 2014-15 fiscal, total amount of capital raised by India Inc. was Rs. 4 lakh crore.  Industry experts say that it is encouraging for the Indian economy to raise money through debt private placements because these help in raising investment from institutional investors.    

Ex-Servicemen hold Nationwide Rallies to make Union Government Implement "One Rank, One Pension" At the Earliest

Ex-servicemen have hit the streets today to hold nationwide rallies in protest of the alleged lackadaisical approach of the Union Government in implementing “One Rank, One Pension” scheme. Though Prime Minister Narendra Modi assured ex-servicemen of resolving the OROP issue, around 22 lakh ex-servicemen and 6 lakhs war widows led by Indian Ex-Servicemen Movement (IESM) have started their nationwide rally for introducing the scheme immediately. Media advisor to IESM, Col. (retd) Anil Kaul, said that they have decided to hit the roads because PM’s OROP implementation assurance has become more than 1 year old. ITSM’s Vice Chairman, Maj. Gen. (retd) Satbir Singh, said that their protest rally will continue till OROP’s implementation. They have also sought an appointment with President Pranab Mukherjee. By raising the slogans “Jai Kisan, Jai Jawan”, some farmers and students’ groups from JNU and DU joined rallying ex-servicemen at Delhi’s Jantar Mantar.

Bihar Assembly Election Momentum Picks up as NDA and JD(U)-RJD Combine Open Salvo at Each Other

Campaign for Bihar Assembly election has gained momentum as main contending political groups have started taking dig at each other. In a press conference, Union Minister Ravi Shankar Prasad has said that by allying with RJD, Nitish Kumar has embraced the 15-year “Jungle Raj” rule during Lalu Prasad’s  regime and became the face of "crime and corruption". BJP has decided to go on joint campaign with Ram Vilas Paswan’s Lok Janshakti Party (LJP). JD(U)-RJD alliance is also not far behind in opening salvo at NDA. Nitish Kumar advised Amit Shah to practice yoga silently at home for staying fit, taking a dig at the latter’s announcement of performing Yoga on June 21 in Patna on the occasion of International Yoga Day. He also took dig at PM by asking “what happened to his 56 inch chest" when separatists waived Pakistani and ISIS flags in J&K.

Newly Appointed Delhi ACB Chief's Office Allegedly Bugged

Delhi government circle was rattled today when bugging and recording device was recovered from Delhi Anti-Corruption Branch chief MK Meena's office. Meena found the device while he was cleaning his official desk before starting his routine work. The alleged bugging device was present in a pen box on the table. The recording device in the concerned box was visible only after the pens in it are taken out. Sources in the Delhi government say that the recording device has been sent to the forensic laboratory for asserting whether the recording device was put there deliberately or by mistake. This happened a few days after Meena assumed office on the backdrop of a tussle between L-G and CM. L-G chose MK Meena over SS Yadav (chosen by CM Kejriwal) for the ACB Chief’s position. Meena is also the Joint Commissioner of New Delhi.

MoS Dr. Jitendra Singh vouches for India's first-ever Atomic Energy Plant and setting up of 'Hall Of Nuclear Power'

Dr. Jitendra Singh, Minister of State in the Department of Atomic Energy and Development of North-Eastern Region, said that a “hall of nuclear power” will be set up in New Delhi’s National Science Centre at Pragati Maidan. This hall will help in raising awareness of general mass on nuclear energy and therefore dispel the misgivings on the issue. While answering to a query on nuclear projects in Kudankulam and Jaitapur, he referred to presence of numerous studies that point to "no visible adverse outcome" of nuclear energy. Singh said that all hindrances of setting up first atomic energy plant in India has been cleared. It will come up in Haryana and will be commissioned by either 2022 or 2023. He also said that Department of Atomic Energy has been successful in launching Rs. 1500 crore insurance pool to safeguard interests of common people.

Harinder Pal Sandhu enters US$ 10,000 Christchurch International 2015 Final

Harinder Pal Sandhu, national squash champion of India, is on the threshold of winning PSA world tour US$ 10,000 Christchurch International 2015 as he succeeded reaching the finals after defeating top seeded Raphael Kandra in the semi final match. Final score in favour of the Indian was 12-10, 6-11, 15-13, 11-7. Sandhu was in control of the semi final match throughout as he rallied, retrieved, and played comfortable strokes. He won the first game easily but lost the second as he became a little bit wayward and the German fought back to rest the game from Sandhu by 11-6. However, Sandhu paced ahead of his German opponent by taking control of the forecourt. It took Harinder Pal Sandhu more than an hour to clinch victory and reach the final. In the final match he will face 4th seeded England’s Declan James.   




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