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Major News and Events of 27 May 2014

What Happened on 27 May 2014


Jaitley gets crucial portfolios in Modi's cabinet

As per media reports, Arun Jaitley has a powerful position in the government, with three crucial portfolios of finance, defence and corporate affairs. The PM Modi has with him the portfolios of personnel, atomic energy, public grievances and pensions. Rajnath Singh has been assigned the home ministry, while Sushma Swaraj has been given both the external affairs and overseas Indian affairs.

Had excellent meeting with Modi: Sharif

Prime Minister Narendra Modi today had a meeting with Pakistan PM Nawaz Sharif, as per media reports. Nawaz Sharif stated that he had an "excellent" conversation with Modi and that they were optimistic about a positive conclusion to the meeting. Modi also had a meeting with the SAARC heads, but his meeting with Sharif was what drew maximum attention. Modi is believed to have discussed on the issues related to terrorism.

Arvind Kejriwal agrees to furnish the bail bond

Arvind Kejriwal has agreed to furnish the bail bond. According to the reports in media, this happened when the Delhi High Court asked him not to turn this into a prestige issue. The HC bench asked Shanti Bhushan and Prashant Bhushan, who were representing Kejriwal in court, to complete the formalities. The bench also opined that they cannot make exceptions to the rule only for Kejriwal.

MIG-21 crashes in Anantnag, IAF pilot killed

An Indian Air Force MIG-21 fighter plane crashed in Jammu and Kashmir’s Anantnag district in which an Indian Air Force pilot lost his life. As per media reports, the incident happened about 10 kms short of Awantipur Airbase. The pilot, Squadron Leader Raghu Bansi, was on a routine exercise. His body was airlifted. Defence Minister Arun Jaitley termed the incident as 'a matter of grave concern'.

RBI to maintain a balance between growth and price control: Rajan

 

RBI Governor Raghuram Rajan had a meeting with Finance Minister Arun Jaitley at North Block. As per media reports, Rajan stated that RBI will maintain a balance while going for the revival of economic growth and curtailing price inflation. He also specified that the latter aspect was the main challenge for the RBI in near future.

Sachin Tendulkar's team named 'Kerala Blasters'

The Kochi team for the Indian Super League (ISL) football tournament has been named ‘Kerala Blasters’. Kerala Chief Minister Oomen Chandy made an announcement of the name. Sachin Tendulkar is the co-owner of the team. As per media reports, Tendulkar will also be the Goodwill Ambassador of the National Games, which is scheduled to be held in Kerala in January-February 2015.




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