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Major News and Events of 17 July 2013

What Happened on 17 July 2013

Mid-day meal toll 22 in Bihar


Today two more children died taking the toll of deaths due to consumption of mid-day meal in Bihar to 22. The incident had happened in Saran district at a distance of 60 km from Patna. 25 children are being treated at Patna Medical College and Hospital. There were violent protests in Chhapra where people put on fire the buses and destructed public property. Opposition party, BJP had called for a shutdown. The CM Nitish Kumar announced Rs 2 lakh as a compensation to the family of the children who died which invited strong remarks from the Opposition who stated the CM was being insensitive to the issue. Earlier too many incidents have occurred in Bihar which point out to glaring negligence in the mid-day meals. In the food frogs, insects, rat and even dead frog were found.

Pirates hijack ship off the coast of West Africa, 20 Indian crew members

Pirates are believed to hijack a chemical tanker belonging to Turkey which had on board 20 Indian crew members off the Port-Gentil coast, Gabon in West Africa. The tanker MV Cotton may have been hijacked on Sunday as the owners lost the link with it on that day. It is said that the region is infested by the pirates. It is still not known whether there has been a demand for ransom.

Supreme Court warns CBI about sharing information related to Coalgate with the government

The apex court has strictly warned the CBI to indulge in any sharing of information regarding its findings of irregularities in coal block allocation with the government. The court stated that if they faced any stumbling block they can come to the court rather than divulging details to the government. It also specified that the organization’s credibility was at stake and it should be careful in maintaining its image. Some time back CBI had asked for permission to get in touch with the government over some issues like questioning a government officer. In May 2013 the Supreme Court had named the CBI a caged parrot. CBI had stated that with the anomalies the private players were to benefit.

Revenue target to be achieved in 2013-14: Chidambaram

The Finance minister has stated that the government will reach the budgeted revenue target for the current fiscal. He said in 2012-13, 21% increase was achieved compared to the previous financial year. He was confident that the economy will show growth of more than 5% and if it hovers around 6% then 19% revenue collection will be achieved. There are plans to collect direct taxes worth Rs.13,300 crore and Rs.4,700 crore as indirect taxes this year. Also the 12 lakh service tax assessees who discontinued filing returns will be looked into. The government’s target is to collect Rs.1.8 lakh crore through service tax this financial year.

Delhi Police try to link spot fixing to Dawood Ibrahim


Delhi police has got hold of phone intercepts which they state allegedly prove there was a nexus between underworld don Dawood Ibrahim and the bookies in the spot fixing scandal in the IPL The phone calls are allegedly between Dawood and Jawed Chotani who was the point of contact with the bookies here and Dawood. The Delhi Police is looking into an underworld connection in IPL spot fixing and is no way in favor of the seven people getting bail as there were lack of evidences to prove charges under MCOCA.On the other hand the Rajasthan Royals captain whose three players were booked under spot fixing charges, Rahul Dravid gave his statement to the Delhi Police.

Statue of Rajesh Khanna to be unveiled

Late Rajesh Khanna’s statue will be unveiled in Mumbai on his 1st death anniversary. UTV Stars Channel stated that this would be done at the at Bandstand Promenade at Bandra. It was also stated that his charming smile and style would be commemorated in a brass statue which will be in one of his well-known poses. The statue will be life size. The actor’s family will be asked to unveil the statue. The statue will be installed in the beginning of the next month and will be positioned along with other eminent Bollywood personalities like Raj Kapoor, Dev Anand and Yash Chopra.

GSM operators get 3.57 million subscribers in June


3.57 million subscribers were added by the GSM operators in June making it 0.54% increase than previous month. The total subscriber is now 671.13mn as on June 30. Bharti Airtel topped the list with addition of 1.26 million subscribers, Idea Cellular of 1.21mn subscribers. Aircel 0.61million, Vodafone added 0.35 million susbcribers, Uninor 0.3million and Videocon 0.13million subscribers. BSNL did not get any subscribers; MTNL had to lose 0.09million users.

Source: Equity Bulls

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