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Major News and Events of 27 June 2015

What Happened on 27 June 2015

Narendra Modi Government to Infuse $1.8 billion in PSUs up above Budgetary Allocation of $1.2 billion for 2015-16

Finance Secretary Rajiv Mehrishi told media that Narendra Modi government is all set to infuse $1.8 billion (around Rs. 11,500 crore) additional fund to the public sector banks, up and above the $1.2 billion (Rs. 7,940 crore) fund already allocated during 2015-16 budget for recapitalisation of PSU banks. Finance Secretary had said earlier this month that government is all set to provide the public sector banks $9 billion or around Rs 57,000 crore funds over two fiscal years for recapitalisation so that the PSU banks are able to meet global capital adequacy norms. In fact, Finance Minister Arun Jaitley earlier said that he agrees to the PSU bank heads’ demand that additional funds are required. RBI’s Deputy Governor R Gandhi said yesterday that currently PSU banks are adequately capitalised but to fulfill global capital adequacy norms in the coming days additional money will be required.       

Delhi Government Files Interim Application in HC on Appointment of Meena as ACB Chief

Reports say that an interim application has been filed by Arvind Kejriwal-led Aam Aadmi Party government today in the Delhi High Court against 21 May notification of Ministry of Home Affairs for appointing Mukesh Kumar Meena as Chief of Delhi’s Anti Corruption Branch (ACB). The move comes after Delhi’s Deputy CM Manish Sisodia yesterday said that Mukesh Kumar Meena is under the scanner currently for allegedly being involved in a hawala racket. The contention on ACB chief appointment started when Delhi L-G appointed Meena over Kejriwal’s chosen ACB Chief SS Yadav, where the former outranked the latter. The trouble erupted again when Chief Minister Arvind Kejriwal wrote a letter to Rajnath Singh, Union Home Minister, where he not only expressed his reservation on Meena’s appointment as Delhi ACB’s Chief by L-G but also cited rule book in establishing his point.    

Indian High Commissioner to New Zealand Recalled after Alleged Assault Charges on his Wife

After allegations surfaced that wife of Ravi Thapar (Indian High Commissioner to New Zealand) has assaulted a staffer, also a member of Thapar’s domestic crew, India has called back the concerned high commissioner. Vikas Swarup, spokesperson of foreign ministry, said that Ravi Thapar has been posted back to headquarters and the ministry is currently probing the matter. He also said that till now no charges have been pressed by the assaulted staff member. New Zealand police told media that a domestic staff member of Indian envoy has alleged that Sharmila Thapar physically assaulted him and threatened with dire consequences. Reports say that the concerned staff member was found in the streets of New Zealand wandering around in a distressed state and was taken by the public to the police. Sources say the staffer said that he was a chef and was kept in slavery by the wife of the High Commissioner.   

Rajasthan CM attends NITI Aayog Meeting in New Delhi

After BJP was satisfied with Rajasthan CM Vasundhara Raje’s explanation on the business deals of her son Dushyant Singh and gave her a clean chit on Lalit Modi controversy, Vasundhara today attended NITI Aayog’s crucial meeting in New Delhi. However, she was advised by BJP leadership not to meet PM Narendra Modi or BJP President Amit Shah because that may look like lobbying for her case, which may in turn adversely affect the damage control. Sources say that PM Modi denied appointment to Raje as BJP doesn’t want to drag him into the raging controversy. However, Congress has stirred up another storm by claiming that Vasundhara Raje was herself a partner in her son Dushyant Singh’s firm, Niyant Heritage Hotels Limited, painting her as a direct beneficiary of Lalit Modi’s Rs 13 crore investments. ED’s recent findings say that Lalit Modi made Rs. 105.94 crore forex violation.   

ISRO Chief says Launch Time of SAARC Satellite Finalised

Kiran Kumar, Chief of Indian Space Research Organisation (ISRO), told the media that the dedicated satellite for SAARC nations will be launched in December 2016. This satellite will weigh 2 tonnes and will come with 12 Ku band transponders. Each transponder is meant for the different constituent countries of SAARC region and will help in providing wide array of services including disaster monitoring, tele-medicine, education, communication, and other need based services. Reports say that ISRO will need 18 months time to build the coveted satellite, from the time Modi government approves the same. The spacecraft carrying SAARC satellite will be launched from Andhra Pradesh’s Sriharikota spaceport. ISRO chief also said that they have plan of creating SAARC space consortium on the lines of European space consortium for setting up space programmes to meet specific needs of the SAARC countries such as tele-connectivity and direct-to-home (DTH) link.

Basketball Player Satnam Singh becomes First Indian to make it to NBA

Indian basketball fraternity got a boost when Satnam Singh, a basketball player from remote Balloke village near Ludhiana in Punjab, became the first Indian basketball player to be drafted in the renowned National Basketball League (NBA) of USA. It was back in 2011 when NBA champions Dallas Maverick picked him up in New York and put him under training for five years in Florida’s IMG Academy. He will now be playing in NBA matches besides the likes of Amar'e Stoudemire and Dirk Nowitzki in the Dallas Maverick team. Reports say that Satnam’s inclusion in the NBA team will help popularise basketball in India, just like how basketball sensation Yao Ming’s inclusion in NBA helped popularise the game in China. 7 feet and 2 inches tall Satnam Singh, who is just 19 years old, will now play in the summer league of NBA followed by development league.                   

FAQs and Answers on Indian History and Geography
Which Indian state is the largest producer of bauxite?The state of Odisha is the largest producer of bauxite in India. India has abundant resources of bauxite and serves as a raw material in the production of aluminium. As per the report of the Ministry of Mines, India stood at the 7th position in… Read More...
Which Indian city is famously known as the "Manchester City of India"?The city of Ahmedabad in the Gujarat state is famously known as the "Manchester City of India". This name was given to this city by a popular textile center in the Manchester of Great Britain, adhering to the striking similarities of Ahmedabad's prospering cotton textile… Read More...
Which Indian state is the largest producer of coffee?Karnataka state is the largest producer of coffee in India. The state contributed about 70% of the total production of coffee in India during 2016-17 with 2.33 lakh MT coffee production. The main variety of coffee grown in Karnataka is Robusta, but the state also… Read More...

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