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Major News and Events of 26 June 2014

What Happened on 26 June 2014


Deliveries for new BMW X5 to begin shortly

BMW India Pvt Ltd, the Indian subsidiary of German automobile major BMW, issued a statement mentioning that the plant has started rolling out the new BMW X5. It also mentioned that first deliveries will begin by the end of this month. BMW X5 is in demand in the Indian market and hence there are chances to speed up its production, as per media reports.

Punjab to bear the financial burden of immigrants returning from Iraq

Punjab Chief Minister Parkash Singh Badal announced that any Punjabi immigrant toIraqmust not hesitate to return to the state because of the burden of immense loan or advance money as state government is ready to pay the same. in a press statement, the chief minister stated that the government has a duty towards these distressed immigrants. Badal also met former Indian Ambassador to Iraq Suresh Reddy, appointed by the Indian government, to look after the rescue operations of Indians entrapped inIraqviolence. As per information near about 600 Punjabis are trapped inIraq.  

Increase in natural gas price postponed by three months

The proposed hike in the price of locally produced natural gas has been postponed for three months by the Government, as per media reports. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi. Petroleum Minister Dharmendra Pradhan said that as the matter is related to the common man, extensive consultation is required before the final decision. The UPA government had decided to double the price which was supposed to be implemented from April 1 but postponed it because of elections. Reliance Industries Limited and the government-run Oil and Natural Gas Corporation (ONGC) which are the prime domestic producers are insisting upon the hike.

Srinivasan appointed chairman of ICC

Narayanaswami Srinivasan been appointed as the chairman of the International Cricket Council (ICC). Earlier, the Supreme Court had barred Srinivasan from officiating as the president of the Board of Control for Cricket in India (BCCI) in the wake of the Indian Premier League betting and match-fixing scandal. The new ICC executive committee will be headed by Cricket Australia chairman Wally Edwards whereas the finance and commercial affairs committee will be headed by England's Giles Clarke.

DU ready to resolve FYUP controversy

Delhi University (DU) is ready to make a shift from the four-year undergraduate programme (FYUP) to the three-year undergraduate course on the recommendation of the University Grants Commission (UGC). The university’s media coordinator Malay Neerav added that the university is eager to resolve this controversy in view of the continuing impasse over admissions in the colleges affiliated to the university. The FYUP was introduced last year.  

Sonia and Rahul to appear before Court in the National Herald case

Responding to BJP leader Subramanian Swamy’s complaint stating that senior Congress leaders have misappropriate funds of Rs 2,000 crore pertaining to the National Herald newspaper, a court in New Delhi issued summons to Congress President Sonia Gandhi, Vice President Rahul Gandhi, apart from senior Congress leaders Motilal Vora and Oscar Fernandes, former advisor to PM Sam Pitroda and journalist Suman Dubey. They have been asked to appear before the court on August 7.

 Jawaharlal Nehru had established National Herald in 1938. The newspaper stopped functioning in 2008.

 Metropolitan magistrate Gomati Manocha said that there exists prima facie evidence against all the above persons.




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