In case of Franklin Templeton Karnataka High Court to put off its Judgement.
On Monday HC of Karnataka passed an order that according to the default procedure of operating record the affidavit copies filed through e-filing by the Templeton’s Asset manager.
In April Franklin Templeton shut the six debt schemes and some unit holders of that scheme filed case on the Asset manager.
There are some statement from a person relating to the matter that court might be examining the process through which Franklin shut the scheme.
This judgement would give light on the fact that will the unitholders will be repaid or not.
Supreme Court has made it clear that if stubble burning is proved than there would be no considering of holding part of MSP for farmers.
Chief Justice Bobde, Justice AS Bopanna alongwith V. Ramasubramanian heard a plea that suggested that part of Minimum Support Price should be hold back and it should be verified that the farmer is or is not wallowed in stubble burning.
Charan pal Singh Bagri farmer’s advocate condemned this suggestion and made in everyone’s knowledge that in November 2019 that Supreme Court has granted compensation to farmer’s who aren’t involve in stubble burning.
But bench also took this into consideration that whom they will hold responsible for supervising and verifying of the farmers who are involved in stubble burning.
Next hearing will be on 16 October as this matter is related to NCR stubble burning problem. Farmer’s continue to do this practice of stubble burning due to lack of money and inability to buy better equipment.
Hathras rape case: Government of Uttar Pradesh has said in their affidavit that permission was taken before cremating the victim in Hathras.
In an affidavit filed by UP govt they claimed that permission was taken by the family of victim before cremating.
Government has also blamed several social media platforms and media houses for giving spark to this issue.
An application against government’s decision of compulsory retirement of IRS officer’s.
Court rejected this plea on the ground that it is not appropriate for court to consider this issue. And suggested to go for other legal options like CAT.
Bombay High Court in its decision said that it’s government’s responsibility to compensate the families of deceased COVID-19 patients who died of negligible actions of hospitals.
HC of Bombay clearly said and issued the instructions that it is in the duty of the government to provide compensation to those patient’s family who lost their lives due to negligence of hospital authority.
This decision came at the time of hearing a PIL filed by BJP leader Ashish Shelgar on the issue of the way hospitals whether public or private are treating patients.
Next hearing will be done in November month for now
Kyrgyzstan: Disorder has led to cancellation of Parliament election results.
After the mass protests erupted at the Bishkek, Kyrgyzstan’s capital, and other main cities, the Central Election Commission of Kyrgyzstan declared the parliamentary election results invalid.
Nurzhan Shaildabekova, head of the commission stated that this decision was taken in order to ‘prevent tension in the country.’
Many opposition members of several parties have made plans to quit Jeenbekov and form a new government.
Mass protests erupted in Indonesia against new labour laws.
In order to speed up economic reform and improve the investment climate, parliament of Indonesia had passed this law.
The Union expects to involve two million workers on this project.
This law has caused major changes like removing three-year maximum duration of contracts, cutting severance benefits, etc.
After its enactment, uncountable workers gathered on streets and began to protest.
For money laundering, Maldives ex-Vice President again in jail.
Ahmed Adeeb, ex-Vice President has been imprisoned for 20 years because of being guilty of money laundering.
He has been fined with $129,800 for the same.
Previously, he had been imprisoned for 33 years in 2016 for mastering a blast in presidential speedboat.
United Kingdom: Johnson to invest millions in wind energy project.
He is being expected to officially announce this project at the annual Conservative Party Conference, which is being held online this year.
He is going to invest 160 million pounds into this proposal and believes that this revolution shall create jobs for thousands of people.
EU pronounced judgment against PM Viktor Orban over Soros University.
EU Justice Court founded that charges against Soros University to leave the country were not in line.
The court stated that, “Hungary has failed to comply with the commitments” according to the framework of the WTO.
Mr. Orban viewed Mr. Soros, founder of the University, as billionaire philanthropist who intends to undermine European values with this liberal view.
Dress Rehearsal Conducted by the Indian Air Force for the upcoming 88th IAF Day
The Rehearsal was conducted at the Hindon base in Ghaziabad.
Newly inducted Rafale fighter jet including Tejas LCA, Jaguar, Mig 29, Mig 21 and Sukhoi- 30 aircraft were the part of the rehearsal.
The IAF day is celebrated to mark the establishment of Indian Air Force.
First ever Musical Fountain in Noida with no entry fee.
The first ever musical foundation is now opened for general public with no entry fee. It is established as a part of Biodiversity Park in Noida Sector 91.
As the result of the pandemic, the authority will only allow 75 visitors daily after 7pm to enjoy the show without any charges.
The fountain area is spread over 75 acres along with the Biodiversity Park which once is ready would become the city’s largest park.
External Affairs Minister Mr. Jaishankar in Tokyo: attending ministerial meeting of the Quadrilateral coalition.
Quadrilateral coalition is a coalition between India, U.S.A., Australia and Japan.
The meeting is focused on strengthening the Indo- Pacific cooperation in the wake of China’s growing assertiveness in the region.
The first meeting of the foreign ministers under the “Quad” framework was held in New York in September 2019.
Atal Tunnel opens: World’s longest highway tunnel
PM Narendra Modi inaugurated the Atal Tunnel in Himachal Pradesh and said that the tunnel would help strengthen country’s border infrastructure
The tunnel is 9.02 km long and is built by Border Roads Organization. It connects Manali to Lahaul- Spiti Valley.
The Union Cabinet decided to name the tunnel as ‘Atal Tunnel’ to honor former PM Atal Bihari Vajpayee.
6-year-old Hathras girl dies after being raped by relatives.
Almost 20 days after 6-year-old was allegedly raped by her cousin passed away in New Delhi’s All India Institute of Medical Sciences.
The minor was held captive at a relative’s house in Iglas of Aligarh district and was rescued on 17th September.
Alwar gang rape followed by political agitation led to a significant decision
A women of lower community was gang raped infront of her husband in Thangazi, Alwar.
This incident led to political agitation during the 2019 elections and led to an important action taken by Rajasthan government.
The state government alloted the deputy superintendents of police to supervise and oversee into all the cases related to violence against women, and will have to register the FIR, if police stations are closed or deny to register it.
This action is taken by the Rajasthan government because of the delay in registering the FIR in Thangazi case, for over five days, even after the woman approached the police station and was ignored for days.
After this constant pressure from political leaders, Gehlot compensated by giving the survivor the job of police constable, and directed investigation and interrogation of the officers of that police station.
Government gives the approval for the induction of nuke-capable Shaurya missile amid ladakh standoff
Government of India gives a nod for the installation and stationing of 700 km range surface-to-surface supersonic Shaurya strategic missile.
It is the land-rendition of submarine launched BA-05 missile, and is established and refined by Defence Research and Development Organisation (DRDO)
It was for the last time, experimented in Balasore, Odisha on 3rd of October.
Shaurya is a delivery system accumulated in a synthesized canister for speedy and swift disposition and least interaction with the elements for a long time.
This imperative missile flies with the speed of 2.4 km per second, at a height of 50km, with warhead weighing 160kg.
ICG offshore patrol vessel ‘Vigraha’ launched to strengthen coastal security
The 7th offshore patrol vessel of the Indian Coast guard, “Vigraha” made by Larsen and Toubro, was officially uncovered and brought to light in Kattupali, Chennai on Tuesday.
It was for the first a private shipyard undertook the pattern, elevation and architecture of offshore patrol vessel class of ships.
The offshore patrol vessel is 15 metre wide, 98 metre long, has 3.6 metre draught, 2140 T displacement, and a range of 5000 nautical miles. It can also achieve a constant and uninterrupted speed of upto 26 knots.
The vessel is likely to be installed into the coast guard after it completes a series of comprehensive and considerable tests and experiments for the machinery.
As said by CEO of L&T it is inferred to be significant in ongoing geopolitical circumstances.
Ayush Standard Treatment Protocol put into motion
Union Health Minister, Dr. Harsh Vardhan, started the Ayush Standard Treatment Protocol on Tuesday.
The protocols and guide were launched through video conferencing, addressing and welcoming the elevation and enhancement by Ayush Ministry accompanied by Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR).
He also said that even though modern medicines have their own viability and durability, Ayurveda, being an ancient medicine is equally important and effective.
In order for the world to know this thing, they should and have to revitalize and restore it using scientific methods.
He also gave hints for the planning and establishing a national commission for yoga and Naturopathy.
Ghaziabad slum Fire injured 10 people and led to death of a toddler
In an incident in Ghaziabad, Uttar Pradesh, Lots of small cylinders caught fire and exploded because of the flame, including some storehouses stocked with polythene and other inflammable material.
The fire annihilated around 300 cottages, severely injured over 10 people, and a two years old girl, Aisha, was burned to death.
Subdivisional magistrate said that notice has been sent to the land holders to rent the land to the aggrieved, and if there is no reply within limited time and manner, strict action will be taken against them.
ED filed a rejoinder affidavit in the SC opposing bail to Wadhawan
The Enforcement Directorate filed a rejoinder affidavit in the Supreme Court opposing the Bombay High Court’s order granting bail to the promoters of Dewan Housing Finance Corporation Ltd.
Dheeraj Wadhawan and Kapil Wadhawan are facing money laundering charges in the Yes Bank.
India’s third-largest private lender to join its larger rivals to offer pay hikes
Axis bank, India’s third largest privatelender joins India’s top lenders to offer pay hikes up to 12%.
Axis bank Ltd. Will increase staff salaries between 4% and 12%.
It will be based on their performance and knowledge of plans.
HDFC bank Ltd., the largest private lender of the country by assets boosted salaries based on performance and also paid bonuses in April.
ICICI bank Ltd., the second largest privately held lender gave about 80% of its employees a bonus and a pay rise from July.
Sensex urged 600 points
Indian stock markets closed today sharply higher, boosted by profits in financials and auto stocks.
The Nifty reclaimed 11650 to finish at its highest level in seven months on a closing basis.
The Sensex gained 600 points close at 39574.
The RBI will hold its meeting from October 07 to October 09 on monetary policy.
Housing Finance company HDFC Ltd. Surged 8.4% and was the top gainer on the nifty.
India to overtake China as world’s largest LPG residential market
India expects to overtake China by 2030 as the world’s largest cooking gas LPG residential sector market.
LPG demand in the residential sector will continue to see sustainable growth at a cumulative annual growth rate of 3.3%, reaching 34 million tons in 2030.
The government, driven by the environmental and health concerns has also been implementing schemes to help lower-income families cope with cost of switching to LPG from dirtier biomass.
LPG is more expensive than biomass, still the government plans further to address affordability and infrastructure challenges in the sector of LPG.
India’s first vertical lift rail-sea bridge to be unveiled soon
The new Pamban Bridge, 2.07 km long will be a boon for pilgrims and devotees who wish to embark on a spiritual tour to Rameswaram and Dhanush Kodi, Tamil Nadu.
The bridge would be constructed at the cost of Rs. 280 crores.
The bridge’s middle part gets lifted up to let the ships to pass through during the travel.
The new bridge is expected to promote tourism.
It is developed by Railway Vikas Nigam Limited.
Ben Stokes to play from next week
Rajasthan Royals official reported, Ben Stokes to play from next week, 11th October, 2020.
Landed six days ago in Dubai, Stokes will undergo his first Covid-19 test.
All-rounder Stokes will play his first match against Sun Risers Hyderabad if the test result comes out to be negative.
Thomas Partey to Join Arsenal
On Monday Partey joins Arsenal as the result of transfer deadline day.
45 Million Pounds was the amount of the Buyout Clause.
Partey was the member of Atletico Madrid.
French Open Semi-Finals gets its first female qualifier
Nadia Podoroska wins French open semi-finals today by 6-2, 6-4 beating Elina Svitolina; Ukranian player.
Earns the title of first female qualifier in French open semi-finals.
Badminton Couple withdraw from Denmark Open
Saina Nehwal along with husband Parupalli Kashyap decided to step out from the Denmark open super 70 tournament.
Saina to begin with her season from January with the Asian tour.
DEFENCE, SCIENCE, TECHNOLOGY AND MEDICINE NEWS
To avert Ordinance factory Board strike, Centre called 3 main unions of Ordinance factory Board (OFB) for a meeting with the Defence ministry.
On 9th Oct in New Delhi, meeting will hold to try and avert the strike of Oct 12th.
As the rising tensions on the border with both Pakistan and China, strike call comes.
In the recent years, Ozone hole has reached in its ‘maximum annual size’ over Antarctic, says scientists.
Deepest and largest in the recent years.
According to an independent co.uk report, scientists at the Copernicus atmosphere monitoring service (cams) have found trioxygen, fell to “near zero values” over Antarctica at around 20-25 km altitude.
COVID-19 can spread through aerosols lingering in air; CDC.
U.S. centres for disease control and prevention (CDC) revised the guidelines and warned COVID-19 can spread through small droplets that shoot through the air and generally fall to the ground.
Aerosols lingering in the air could be a major source of transmission, says CDC on Monday.
Partnership of Flipkart and Paytm providing offers and deals during festive seasons.
While shopping on Flipkart, users can now use payment methods to pay through Paytm wallet and Paytm UPI during Big Billion Days.
Partnership Aim is to play a role in building Atmanirbhar Bharat.
Since August, India reported its lowest daily COVID-19 cases on Tuesday.
In 24 hours, 61,267 COVID-19 cases reported.
Some reports say that India passed COVID-19 peak but yet experts are not sure.