Prolawctor Daily News Update | 28 November 2020

Prolawctor Daily News Update| 12 September 2020- Prolawctor
Prolawctor Daily News Update

Contents of Article


Fodder Scam: hearing on Lalu Yadav’s bail plea in Dumka treasury case before till December 11

  • Jharkhand High Court defer to December 11 hearing on the bail plea of former Bihar CM Lalu Yadav in connection with the fodder scam case related to fraudulent withdrawal from Dumka treasury.
  • Yadav had last month secured bail in connection with the chaibasa treasury case related to the fodder scam. However, he is yet to secure bail in the Dumka treasury case.

Gujarat government answerable, says Supreme Court on Rajkot hospital tragedy that killed 6

  • The three-judge bench of Supreme Court took Suo motu cognisance of an incident where six persons died due to fire at a covid designated hospital in Gujarat.
  • The Court expressed anguished and set that this is not the first incident where people have died in a covid hospital. The bench also said that there are no guidelines to ensure that such incidents don’t take place.

In relief of Kananga Ranaut, Bombay High Court quashes BMC’s demolition order

  • Huge relief to Hindi film actress Kananga Ranaut, the Bombay high court crashes the notice and order issued by BMC to demolish her bungalow.
  • the high court came to the conclusion that the order was “acquitted by the legal malice”.

Allahabad High Court rejected the bail plea of Azam Khan, his son in forgery case

  • HC denied the bail to senior SP leader and MP Azam Khan and his son in two cases related to alleged cheating and forgery.
  • The court denied the bail saying that granting built them at this juncture will not be in public interest.


Chinese Universities where Hindi is taught have taken part in the first competition:

  • Students from more than a dozen top Chinese universities where Hindi is taught have taken part in the first competition of its kind in the country to dub dialogues from a Bollywood movie of their choice.
  • In an initiative by the prestigious Beijing International Studies University’s (BISU) School of Asian Studies, 80 videos in Hindi from 14 Chinese universities across the country have been submitted.
  • Titled “Hindi Oral Competition”, the online event was hosted by the Chinese Association for South Asian Language Studies.

European Union having new trade talks with Britain but with minimal progress: 

  • European Union said Friday that another week of talks with Britain on a new trade deal has gone with barely any progress. I
  • ts chief negotiator, Michel Barnier, is heading to London for ever-more pressing weekend negotiations to avoid chaos when Britain’s trade agreements with the European Union end at New Year.
  • Barnier emerged from a COVID-19 quarantine on Friday and said that after a week of remote video talks the same significant divergences persist hereinafter.

Thailand began testing  a vaccine against coronavirus:

  • Thailand Ministry of Public Health, Siam Bioscience, SCG and British-Swedish biopharmaceutical company AstraZeneca has signed a Letter of Intent (LOI) on the manufacturing and supply of the University of Oxford’s potential COVID-19 vaccine AZD1222 respectively.
  • AstraZeneca and the University of Oxford are committed to the highest ethical standards and sound scientific principles, and are working with expert regulatory agencies such as the UK Medicines and Healthcare products Regulatory Agency (MHRA) and the Thai Food and Drug Administration to ensure patient safety.

Britain plans to create a new watchdog to police big tech companies including Google and Facebook :

  • The U.K. government said Friday that it’s setting up a “Digital Markets Unit” next year to enforce a new code of conduct governing the behaviour of tech giants that dominate the online advertising market.
  • The Digital Markets Unit, scheduled to launch in April, will oversee a new regulatory regime for tech companies that’s aimed at spurring more competition.
  • The measures were foreshadowed in findings by former Obama economic adviser Jason Furman, who was commissioned by the U.K. Treasury to carry out a review of the digital economy.

An earthquake with a 4.7 magnitude shook Malatya province in eastern Turkey :

  • An earthquake was reported with 4.7 magnitude on Friday, sending people pouring out into the streets in fear.
  • However there was  no immediate report of any damage or casualties.
  • The quake, which was centered in the town of Puturge, struck at 11:27 a.m. (0827 GMT), Turkey’s Disaster and Emergency Management Directorate said. It was felt in several neighbouring provinces.


Farmers arrested on Lucknow outskirts for agitating against Agri laws

  • Over 60 farmers were detained, during a protest against Agri laws.
  • A big group of farmers related to Bhartiya Kisan Union reached Sultanpur street.
  • Some farmers criticized the federal government over wheat procurement system.

Prez Kovind says, “Rajkot’s fire incident is tragedy beyond words”

  • Death of Covid patients condoled by President Kovind.
  • 5 Covid patients were killed after a fire broke out in ICU
  • “In this agonising time, I offer my heartfelt empathy for the bereaved families. I pray for speedy recovery for the injured”, President Kovind tweeted.

Welcome move to let farmers enter Delhi : CM Amarinder Singh

  • Punjab CM welcomes the centre’s decision to allow farmers to enter Delhi.
  • He further criticized the neighbouring Govt in Haryana for its continued use of force against farmers trying to cross over to as part of their ongoing ‘Delhi Chalo’ protest.
  • He advised the centre to also “initiate immediate talks” with the farmers to resolve farmer’s issues.

Tamil Nadu & Puducherry to get more rains : MeT department

  • Tamil Nadu & Puducherry to get more rains from Dec 1.
  • In Tamil Nadu, 3 people were killed in rain related incidents
  • During the next 48 hours, a low-pressure area is likely to form over Southeast Bay of Bengal.
  • Ranipet recorded the highest rainfall of 23cm in Tamil Nadu.

Assam : Ahead of BTC polls, BJP promise implemented of Bodo accord

  • Polling for BTC will take place on Dec 7 & Dec 10
  • BJP promises all-round development & Peace in BTR
  • BJP trying to upset Bodoland People’s Front (BPF), it’s coalition partner in the state government.
  • BJP & BPF are contesting the BTC polls independently.

PDP Youth Wing Chief Waheed Parra held in custody for terror case

  • On Saturday, Youth Wing Chief of People’s Democratic Party (PDP) Waheed Parra has been arrested on account of link with the case of DSP Davinder Singh and Hizb-ul-Mujahideen terrorist Naveed Babu.
  • He has filed for nomination in District Development Council (DDC) from district of Pulwama in Kashmir.
  • The NIA official has stated that they have found evidence which proves that he has been in touch for long time with the key person who has been accused and that he was not only aware but may also have active participation in the conspiracy.

Chief Minister of Odisha declares sops for journalists

  • On Thursday, Naveen Patnaik declared the Odisha State Working Journalists welfare Fund Rules.
  • Where provisions are made for paying of ex-gratia of Rs 4 lakh for the family members in case of death of working journalists which also includes financial aid for treatment of kidney and heart related ailments.

India disregards small lenders by writing off bank’s debt

  • It has been reported that small banks are very likely to face high funding cost and reduction in their bonds as the Central bank (Reserve Bank of India) has disregarded debt of an ailing lender.
  • On Thursday, the Central Bank has decided to write off the Rs 3.8 billion Tier 2 bonds which is approximately $43 million of Lakshmi Vilas Bank as DBS Group acquires lender.


BigBasket’s CEO Hari Menon: I went blank as we lost 80% workforce in first 2 days of Covid-19 lockdown

  • Hari Menon, CEO of BigBasket, talking on the eighth version of Isha Perception.
  • The three-day digital enterprise management occasion by Isha Basis kicked off earlier in the present day with a keynote deal with by its founder Sadhguru.
  • He has devised a reverse clock cycle by which he finishes all his work on time, one thing which I’ve tried to study from him,” Menon mentioned.
  • He requested individuals to proceed to rise above the challenges offered in the course of the pandemic and financial fallout.

Downstream oil regulator PNGRB simplifies gas pipeline tariff

  • These regulations have set the ground for gas consumption to go up for people in far flung areas of the country,” said Vivekanand Subbaraman, analyst at Ambit Capital.
  • The Petroleum and Natural Gas Regulatory Board (PNGRB) on Thursday released a unified tariff structure for over a dozen pipelines, including GAIL’s network of seven pipelines, with the aim of making natural gas more affordable to users far from the source of natural gas or import terminals.
  • According to experts, the move, which sets a fixed tariff for the first 300 km distance from the source of gas and a fixed tariff for distances over 300 km on the same integrated pipeline network, will lead to significantly higher usage of gas in areas far from LNG terminals and sources of natural gas clustered on the west coast of the country.

LVB shares suspended from bourses

  • Leaving 93,000 shareholders stuck with worthless paper, stock exchanges have suspended the shares of Lakshmi Vilas Bank (LVB) following the RBI decision to merge the bank with DBS Bank on November 27.
  • The stock is likely to be delisted from the stock exchanges on Friday.
  • Shares of LVB had risen by 4.8 per cent to Rs 7.65 on Wednesday amid hopes that the RBI will announce some scheme to compensate shareholders.
  • depositors of LVB will be able to operate their accounts as customers of DBS Bank India with effect from November 27,” the central bank said.

Not every development ‘material event for disclosure’: Future Retail

  • FRL was, however, making the disclosures “out of abundant caution” as Amazon, the other party in the arbitration had adopted a media strategy of “having every development reported and converted into a line of communication with stock exchanges”.
  • Stepping up its attack on global e-commerce giant Amazon, Future Retail (FRL) on Thursday said every development in its arbitration with the former would not be “a material event for disclosure under” under section 30 of the listing obligations and disclosure requirements (LODR) regulations of the SEBI.
  • FRL was, however, making the disclosures “out of abundant caution” as Amazon, the other party in the arbitration had adopted a media strategy of “having every development reported and converted into a line of communication with stock exchanges”.

Paytm, PhonePe, Amazon Pay, others now NPCI shareholders; may get more say in UPI future

  • In a move to diversify and distribute its shareholding to a larger set of the RBI regulated entities, the National Payments Corporation of India (NPCI) has completed the process of a private placement of 4.63% of its equity shares worth INR 81.64 Cr.
  • With the expansion, NPCI has got on-board some of the leading banks as well as new categories of few banks including non-bank entities authorised by the RBI. After this shareholding expansion, the total shareholder entities for NPCI has reached 67.
  • Among those onboarded includes, Amazon Pay, PhonePe and Paytm Payments Bank and PhonePe.


Organisers postpone sixth edition of Premier badminton league due to covid-19

  • The sixth edition of the premier badminton league was on Friday postponed to next year.
  • The league, which is one of the highest prize money badminton tournaments in the world was initially scheduled take place in Delhi Mumbai and Pune.
  • With the sporting world a gradually returning to the track, the organisers are keen to roll out the season next year.
  • Mangipudi is hopeful international travel restriction will be east and things will be better next year.

Belgium tops the FIFA world rankings followed by France and Brazil

  • FIFA released its final rankings list for 2020 on Friday.
  • Defending world champion France is in second place with Brazil third and England fourth.
  • European champion Portugal round out the top 5 with Spain in sixth.
  • Belgium shockingly tops the FIFA rankings 2020.
  • The ten group winners will qualify automatically for the 2022 tournament in Qatar.
  • Argentina moved up one place two number seventh after two rounds of World Cup qualification in South America.

Yes sir! Royal fan Lewis Hamilton says he would never refuse a knighthood

  • Seven-time formula one world champion Lewis Hamilton left no doubt on Thursday that he would accept a knighthood offered to him.
  • The Mercedes driver is now the most successful grand prix driver of all the time.
  • Lewis Hamilton soon going to become Britain’s latest sporting “sir” in the country’s New year’s honours list.
  • “I wouldn’t deny a knighthood from the royals as I have grown up in UK and I am a big fan of them,” said Hamilton.
  • “there is no greater honour than your country recognising you and honouring you with Sachin award,” quoted Hamilton.

Dortmund to host Liverpool’s next UEFA champions league match

  • Borussia Dortmund said they will host Liverpool’s champions’ league group stage match against Midtjylland after the fixture was moved from Denmark due to covid-19.
  • Earlier Midtjylland was going to host Liverpool but due to covid-19 it was shifted from Denmark to Germany.
  • “The reason for the change in venue is the UK coronavirus regulations, which dictate that people returning from Denmark must spend 14 days in Quarantine.
  • The venue change has not been confirmed by either club or UEFA.
  • Liverpool defeated Midtjylland at anfield last month can qualify for the last 16 with win over ajax Amsterdam next week.

Arsenal, Leicester, Hoffenheim heads in the knockout stages of Europa league

  • Arsenal’s academy products help the team cruise into the knockout stage of the Europa league on Thursday.
  • Nicolas Pepe for Arsenal played an exceptional football after he was sent off in a 0-0 draw at Leeds.
  • Hoffenheim and Leicester also progress into the round of 32 with two matches to spare.
  • Carlos vinicious scored his first two goals for Tottenham while Harry winks netted a spectacular one from 56 yards.
  • The Europa league stakes are high this season.


Sputnik V for India : Hetero to manufacture 100 million doses

  • Russian Direct Investment Fund (RDIF) and pharma firm Hetero have agreed to produce over 100 million doses per year in India of the Sputnik V vaccine against COVID-19, Russia’s sovereign wealth fund said in a statement.
  • The parties intend to start the production of Sputnik V in the beginning of 2021, it added.
  • Currently, Phase III clinical trials are approved and are ongoing in Belarus, the UAE, Venezuela and other countries, as well as Phase II-III in India, RDIF said.
  • Requests for more than 1.2 billion doses of Sputnik V vaccine came from over 50 countries. The vaccine supplies for the global market will be produced by RDIF”s international partners in India, Brazil, China, South Korea and other countries, RDIF said.

Report : Facebook Cryptocurrency Libra to Launch as Early as January but Scaled Back

  • The Libra Association is seeking the go-ahead from Switzerland’s markets watchdog to issue a series of stable coins.
  • Libra was unveiled by Facebook last year.
  • Facebook is one of 27 members of the Libra Association.
  • Stable coins are designed to avoid the volatility typical of bitcoin.

Uber, Ola, More App-Based Cab Aggregators Allowed to Charge 20 Percent Commission on Ride Fares

  • Industry experts had warned that earlier proposal of 10 percent cap would hit revenue and operations.
  • India accounts for estimated 11 percent of Uber’s global rides annually.
  • The new rules also allow aggregators to offer pooling services on private.
  • The move could also face opposition from existing drivers.

one pilot missing, Indian Navy’s MiG-29K trainer crashes into Arabian Sea

  • A twin-seater MiG-29K fighter jet of the Indian Navy on Thursday crashed into the Arabian Sea off Goa.
  • One pilot has been rescued, while a search is on for a second missing pilot.
  • A MiG-29K trainer aircraft operating at sea ditched at about 1700 hrs on November 26.
  • On November 16, 2019, a MiG-29K trainer crashed in Goa after engine failure due to bird hit.

India-Lanka-Maldives revive NSA level dialogue six years since last meet

  • India-Sri Lanka-Maldives are all set to revive trilateral dialogue between NSAs of the three states, six years after it was stalled, eyeing to counter-terror in the zone and provide stability to the region.
  • Maj Gen (Retd). Kamal Gunaratne is hosting National Security Adviser Ajit Doval in Colombo for the 4th NSA Level Meeting on Trilateral Maritime Security Cooperation, being hosted by Sri Lanka on Friday-Saturday.
  • ET had first reported that this trilateral dialogue will be revived.

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