TODAYS TOP NEWS
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1. Prime Minister Narendra Modi chairs conclave of NDA Chief Ministers and Deputy Chief Ministers in Chandigarh. The meeting focused on national development issues. It also included discussions on the observance of the Samvidhan Ka Amrut Mahotsav.
2. BJP leader Nayab Singh Saini took oath as the Chief Minister of Haryana for the second consecutive term in a grand oath-taking ceremony in Panchkula. Haryana Governor Bandaru Dattatreya administered him the oath in the presence of Prime Minister Narendra Modi.
3. The Government has decided to reduce the existing time limit for advance reservations in trains from 120 days to 60 days. The Ministry of Railway said, the new rule will come into effect from the 1st of November. However, all the bookings made till 31st October will remain intact. The Ministry said, there will be no change in the case of limit of 365 days for Foreign Tourists.
4. Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan held discussions with farmers, farmers’ organizations, and their members and representatives from different states in New Delhi.
5. The Union Government has approved the budget for the upgradation of highways in Madhya Pradesh, Punjab, and Uttar Pradesh. Road Transport and Highways Minister Nitin Gadkari, in a social media post, announced that the Bhopal-Kanpur Economic Corridor in Madhya Pradesh has been approved for upgradation to four lanes.
6. The Chief Justice of India DY Chandrachud inaugurated the international conference Advancements of Research and Global Opportunities for Holistic Ayurveda (AROHA-2024) in New Delhi. The three-day event primarily aims to position Ayurveda as a key pillar of global health and wellness.
7. Union Culture and Tourism Minister Gajendra Singh Shekhawat and Minister of State for Coal and Mines Satish Chandra Dubey unveiled the first-ever coal gallery at the National Science Centre in New Delhi.
8. External Affairs Minister Dr. S. Jaishankar said the government is committed to working for the development of tribal communities. Speaking at a tribal art exhibition in New Delhi organized by the National Tiger Conservation Authority and Sankala Foundation, the Minister said the Centre is committed to Sabka Saath, Sabka Vikas, with a focus on uplifting marginalized communities, especially tribal populations.
9. Vice President Jagdeep Dhankhar will be on a day long visit to Sikar, Rajasthan on Saturday. During the visit, he will preside as Chief Guest at the Silver Jubilee Annual Function of Sobhasaria Group of Institutions in Sikar.
10. Arunkumar Namboothiri selected new chief priest of Sabarimala,Vasudevan Namboothiri chosen for Malikappuram. The Travancore Devaswom Board (TDB) selected him for the position by drawing lots from a panel of 24 priests shortlisted.
11. Kaziranga National Park, renowned for its iconic one-horned rhinoceros, has now gained recognition as India’s second-largest butterfly diversity hub. Following Namdapha National Park in Arunachal Pradesh, Kaziranga is home to an impressive 446 butterfly species.
12. Justice Sanjiv Khanna is set to become the 51st Chief Justice of India (CJI), following the recommendation by current CJI DY Chandrachud in a letter to the Union law ministry. Justice Khanna, the second-most senior judge of the Supreme Court, will take over the position after Justice Chandrachud’s retirement on 10 November 2024.
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LEGAL REPORT
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1. In Bihar, the death toll in the hooch tragedy in Siwan and Saran districts has risen to 25.
2. Central Bureau of Investigation (CBI) booked IPS officer Bhagyashree Navtake on charges of forgery and criminal conspiracy, the probe agency announced on Thursday. The case pertains to instances of forgery and flawed documentation in an alleged ₹1200 crore scam investigation.
3. A Bengaluru court has issued a non-bailable warrant against BJP MLA Basanagouda Patil Yatnal for failing to appear before it in connection with a case registered against him for his alleged remarks against Karnataka Health Minister Dinesh Gundu Rao’s wife.
4. The Supreme Court upheld the constitutional validity of Section 6A of the Citizenship Act related to the grant of Indian citizenship to immigrants in Assam by a majority verdict of 4:1.
The section 6A was inserted in 1985 following the Assam Accord. It created a special provision for Assam by which persons of Indian origin who came from Bangladesh before 1st January 1966, were deemed to be citizens of India as of that date. The section also said that, Persons of Indian origin who entered Assam between 1st January 1966, and 25th March 1971, and were required to register themselves. They were granted citizenship only after 10 years of residence. However, Section 6A specified a cut-off date of 25th March, 1971 and said that persons entering after the cutoff date will be termed illegal immigrants.
However, certain indigenous groups of Assam have challenged this provision, contending that it legalised illegal infiltration of foreign migrants from Bangladesh.
5. The traditional Lady of Justice, often depicted blindfolded with scales and a sword, has undergone a symbolic transformation in the Supreme Court of India. Under the guidance of Chief Justice DY Chandrachud, the newly commissioned statue sheds the blindfold and replaces the sword with the Constitution.
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FINANCE
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💰 USD ₹ 84 (Approx)
💷 GBP ₹110(Approx)
€ Euro : ₹ 93(Approx)
🇨🇳 Yuan ¥ : ₹ 12
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BSE SENSEX
81,006.61 −494.75 (0.61%)🔻
NIFTY
24,749.85 −221.45 (0.89%)🔻
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Rates in Financial Capital Mumbai
GOLD : ₹ 77,600/ 10gm (24 krt)
SILVER : ₹ 97,000/KG
1. The Central Board of Direct Taxes (CBDT) has notified amendments to income tax rules to simplify the process of claiming credit for TCS collected and TDS deducted for salaried employees and to enable the claiming of TCS credit for minors in the hands of their parents. The Income Tax Act rules have been amended to include any tax deducted or collected at source to make tax deductions in the case of salaried employees.
2. SEBI has introduced measures to speed up the availability of sale proceeds for FPIs, bringing them on par in this regard with domestic institutional investors. FPIs previously reported delays in their access to sale proceeds beyond the standard ‘T+1’ settlement date. These delays were primarily due to the erstwhile process adopted for obtaining tax clearance on their net sale proceeds, to ensure compliance with FEMA Regulations.
3. The Government is working to reduce the cost of the construction of bridges and metros by 25 percent with the use of ultra-enforcement concrete, a technology adapted from Malaysia. This was stated by Road Transport and Highways Minister Nitin Gadkari, while inaugurating the International Methanol Conference in New Delhi organized by NITI Aayog.
4. The Reserve Bank of India (RBI) has taken stringent action against four Non-Banking Financial Companies (NBFCs), including NBFC-MFIs, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934.
The RBI has issued directions to Asirvad Micro Finance Limited, Arohan Financial Services Limited, DMI Finance Private Limited and Navi Finserv Limited, to cease and desist from sanction and disbursal of loans, effective from close of business of 21 October 2024.
5. The Union Cabinet, led by Prime Minister Narendra Modi, has approved a 3% increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners, raising the DA from 50% to 53% of Basic Pay/Pension, effective 1 July 2024.
6. HDFC Bank has officially opened its first branch in Singapore as part of its strategy to expand its international operations.
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ENTERTAINMENT NEWS
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1. Nikita Porwal from Madhya Pradesh has emerged as the winner of the Femina Miss India 2024 title. This prestigious event took place at Famous Studios in Mumbai, marking the 60th edition of India’s iconic beauty pageant.
2. Union Minister of State for Information and Broadcasting, Dr. L. Murugan, has said that broadcasters have a big responsibility to provide correct information and quality content to the public. Addressing a symposium on Emerging Trends and Technologies in the Broadcasting Sector organized at the India Mobile Congress in New Delhi. He said the Union Cabinet has recently approved the establishment of 730 new private radio channels in 234 new cities.
3. Actor Tamannaah Bhatia was questioned by the ED in Guwahati on Thursday in connection with a money laundering case probe linked to the ‘HPZ Token’ mobile app in which several investors were allegedly duped on the pretext of mining Bitcoins and some other cryptocurrencies, official sources said.
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DEFENCE News
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1. The Chief of Defence Staff General Anil Chauhan underscored the urgent need to incorporate trustworthy Artificial Intelligence. He pointed out that recent global conflicts have demonstrated how AI is revolutionizing modern warfare. He made these remarks while launching the Evaluating Trustworthy Artificial Intelligence (ETAI) Framework and Guidelines for the Armed Forces in Delhi.
2. GE Aerospace on Thursday said its LM2500 engine will power the Indian Navy’s weapon-intense Next Generation Missile Vessels (NGMV) built by defence PSU Cochin Shipyard Limited Ltd (CSL).
The move comes more than a year after the CSL signed a contract for building six NGMV for Indian Navy at a cost of ₹9,805 crore.
3. The Indian armed forces will receive the MQ-9B armed High Altitude Long Endurance (HALE) Remotely Piloted Aircraft Systems (RPAS), manufactured by General Atomics, between 2029 and 2030.
4. India reiterated its call for the safety of United Nations peacekeepers, amid escalating conflict in southern Lebanon with multiple attacks being reported on UNIFIL premises in Lebanon. It also confirmed that there are no Indian troops stationed at the Blue Line, but stressed the imortance of safety of the troops deployed.
5. Senior IPS officer Praveen Vashista has been appointed as the new Special Secretary for Internal Security. This key appointment underscores the government’s focus on strengthening internal security in the country.
6. Kaksar Bridge has been renamed Capt. Amit Bhardwaj Setu to honor the sacrifice of Capt. Amit Bhardwaj during the Kargil War. The renaming ceremony was attended by CEC Dr. Mohd Jaffer Akhoon and Major General K. Mahesh. Sunita Dhonkaria, Capt. Bhardwaj’s sister, inaugurated a memorial at the bridge, further honoring her brother’s legacy. Capt. Amit Bhardwaj, serving with the 4 JAT Battalion, made the ultimate sacrifice during a rescue operation in Kaksar, showcasing unparalleled courage against infiltrators in 1999. The renaming of the bridge serves as a lasting tribute to his valor and commitment to the nation.
18 Oct (Friday)
Vedic Ritu/ Sharad
Drik Ritu : Sharad (Autumn)
पक्ष :: Krishnapaksh
Vikram Samvat – 2081
Shaka Samvat – 1946
Month : Kartika 01, (Purnimanta)
Ashvina 16(Amanta)
Nakshatra: Ashwini (up to 1:26 pm)Bharani
Tithi : Pratipada (up to 1:15 pm)
Dwitiya
Rahu : 10:46 AM – 12:11 PM
Yamaganda: 03:03 PM – 04:29 PM
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