- Global rating agency Standard & Poor's keeps
India's sovereign rating unchanged with a stable outlook.
- US asks Pakistan to arrest designated terrorist
Hafiz Sayeed and charge him for terror related crimes.
- Winter session of Parliament to begin from 15th of
next month; To continue till the 5th of January.
- Centre says, it will make 24 hour power supply to
consumers mandatory for all state DISCOMS.
- Government to restructure Sports Authority of
India; involve more professionals; reduce staff strength to half by 2022.
- In Egypt, at least 200 people killed and 130
injured in a bomb explosion near a mosque in North Sinai region.
- IN SPORTS: 3 Indians - Jyoti Gulia, Shashi Chopra and Ankushita Boro enter the finals
of Youth Women's World Boxing Championship at Guwahati.
- P.V. Sindhu enters
the semi-finals of Hong Kong Open Badminton Championship.
Global rating agency, Standard & Poor's
(S&P) today kept India's sovereign rating unchanged, at 'BBB minus' with a
stable outlook. S&P said, the ratings reflect the country's strong GDP
growth, sound external profile, and improving monetary credibility. It said,
the country's strong democratic institutions, and its free press promote policy
stability and also underpin the ratings. S&P added that these strengths are
balanced against vulnerabilities stemming from the country's low per capita
income and relatively high general government debt stock.
The rating stance taken by S&P comes days after
Moody's Investors Service raised India's sovereign rating for the first time in
over 13 years. Moody's had said that India's growth prospects have improved
with continued economic and institutional reforms.
The Finance Ministry has termed the S&P rating
for India as cautious but hoped that the
reforms will reflect in a ratings upgrade next year. Briefing reporters in New
Delhi Economic Affairs Secretary Subhash Chandra Garg said, the assessment of the global rating agency is same as that of Moody’s ratings
which had upgraded India's sovereign ratings. Mr Garg said, the government will
take a final call on fiscal situation next month and expressed hope that S&P
will have clearer picture by next year and have a more favourable view.
Arun Jaitley today launched a new Yono App of State Bank of India which will
offer its all financial services and products to the customers. The digital
service platform 'You Only Need One' (Yono) will offer everything related to
financial services and
Speaking on the
occasion in New Delhi, Mr Jaitley said, post demonetisation, people have moved
excessively towards digitisation. He said, in the last one year, investment in
insurance sector, mutual funds and IPOs has increased as anonymous cash which
was floating in the system has slowly become part of the formal economy.
Cabinet Secretary P K Sinha has asked Prabhari
officers to work in team spirit with State representatives and bring
convergence in their effort to rapidly transform the identified 115 backward
districts by 2022. Addressing the first meeting of officers for rapid
transformation of backward districts in New Delhi today, Mr Sinha said, funds
are not a constraint in the programme.
CEO, Niti Aayog Amitabh Kant emphasised that
transformation of the backward districts is urgently required for improvement
in Human Development Index.
Home Secretary Rajiv Gauba said, there would be
tremendous improvement in security environment if the districts are
The United States asked the Pakistan government
today to make sure that Hafiz Saeed is arrested and charged for his crimes,
following the release of the 26/11 Mumbai attack mastermind and JuD chief from
house arrest. JuD is believed to be the front organisation for the
banned Lashkar-e-Taiba (LeT) which is responsible for carrying out the Mumbai
terror attacks in 2008 in which 166 people, including six Americans, were
killed. State department spokesperson Heather
Nauert said, the US is deeply concerned that LeT leader Hafiz Saeed has been
released from house arrest in Pakistan.
India yesterday reacted to Sayeed's release order
saying Pakistan has been exposed once again. It said, India and the entire international
community is outraged that a self-confessed and UN proscribed terrorist is
being allowed to walk free and continue his evil agenda.
The Winter session
of Parliament will be held from the 15th of next month to 5th of January.
Parliamentary Affairs minister Ananth Kumar announced this after the meeting of
Cabinet Committee on Parliamentary Affairs, chaired by Home Minister Rajnath
Singh, in New Delhi today. Mr Kumar said, parliament session and assembly
election date should not overlap. He said, several times earlier too, Parliament session has been
scheduled, considering assembly elections in states.
The Minister said,
Government requests and seeks cooperation from all parties, including the
opposition, for smooth functioning of both Houses to make the session fruitful.
The Minister said,
key bills on triple talaq and constitutional status to the backward class
commission will be taken up for passage, during the session.
In Gujarat, for the first phase of assembly polls
on the 9th of December, today was the last day for withdrawal of nomination
papers. With this, the picture of contestants remaining in the fray for this
phase has become clear. According to the office of the Chief Electoral Officer,
1280 nomination papers have been found valid after the scrutiny of total 1703
nomination papers submitted for 89 seats of first phase poling.
today said, the Centre will soon make it obligatory for all State DISCOMS to
ensure 24 hours power supply to all consumers. Minister of Power and New and
Renewable Energy R K Singh said this while unveiling a roadmap of bidding of solar and wind energy
capacity at a function in New Delhi. He said, there is adequate availability of
power in the GRID and transmission systems are strong and so there is no reason
for not making it a mandatory obligation. The Power Minister said, the Central
government is also supporting the State power distribution system to strengthen
them for the purpose.
Mr Singh said, the
government will easily achieve 200 Giga Watt renewable energy capacity against
the targeted capacity of 175 MW. He said, the roadmap will help industrialists plan for bidding to
generate power through sources of renewable energy.
restructure Sports Authority of India to streamline it and involve more
professionals in the body. Talking to reporters in New Delhi today, Sports
Minister Col Rajyavardhan Rathore said, fifty percent of its staff will be
reduced by 2022 and several services will be outsourced. The Minister said, the
word "Authority" will be removed from the name of the body as
sports is a service.
initiatives being taken by the government to promote sports, Col Rathore said,
Khelo India School Games will be organized in different disciplines to
broadbase the sports and identify talents at junior level. The Minister also
said, the Centre will organize talent hunt programmes across the country for
the children of 8 to 14 age group in the coming summer vacation.
Scientists and engineers are working to further
accelerate the speed of Brahmos, the world’s fastest supersonic cruise missile.
The Director General, Brahmos, Dr Sudhir Kumar Mishra said his organization
will be able to increase the current speed from 2.8 to 3.5 with perfect
strength accuracy and range. In an exclusive interview to AIR, Dr. Mishra said,
work is also in progress to develop the hypersonic version of the missile. He expressed
confidence that the new version will come out in a few years with 7 to 8 times
more than the speed of sound.
The supersonic missile developed under the India
Russia joint venture was successfully test fired from Sukhoi 30 fighter jet of the Indian airforce
two days back. The interview can be heard on the FM Gold Channel and additional
frequencies of AIR at 9.15 tonight.
The Film Bazaar,
which has been an integral part of the International Film Festival of India
(IFFI) over the past 10 years, ended this evening at Panaji in Goa. Organised
by the National Film Development Corporation (NFDC), Film Bazaar began on the
20th November. It is a platform for filmmakers to present their stories to the
international film fraternity.
takes a look at major events of the day:
" The first part of Open Forum, organised by the
Federation of Film Societies of India in collaboration with IFFI and the
Entertainment Society of Goa, also drew to a close today. The second part of
Open Forum, to be organised by Indian Documentary Producers’ Association
(IDPA), will begin tomorrow. At a press conference, academy award winning sound
designer Craig Mann said, Indian cinema is at par with global cinema in terms
of sound technology. A panel discussion on Tagore on Celluloid was held
involving film personalities Vani Tripathi, Pablo Cesar and Moon Moon Sen and
journalist Shoma Chatterji.With Ashok Sukla, Saikat Sarkar AIR News, Goa".
In Egypt, at least 200 people were killed and 130
others injured when a bomb exploded near a mosque during Friday prayers in
restive North Sinai region. State media reported today the bomb, which was
planted near al-Rowda mosque in Al-Arish city, went off during the Friday
prayer. Security sources said, gunmen
also opened fire on the people who tried to exit the mosque after the
explosion. No group has claimed
responsibility for the attack so far.
Egypt has announced three days of mourning, even as
President Abdel Fattah el-Sisi was set to hold an emergency meeting with
officials to discuss the incident.
AND IN SPORTS,
Three Indians - Jyoti Gulia, Shashi Chopra, and Ankushita Boro have entered the finals at
the AIBA Youth women's World Boxing Championships in Guwahati.
the fourth Indian who figured in the semi-final today, settled for a
bronze medal after losing to Kazakhstan's Dina Islambekova in the Plus 81kg
Three more Indian boxers will compete in the
semi-finals tomorrow. They are: Nitu in
48 kg, Sakshi Chaudhary in 54 kg and
Anupama in the 81 kg division.
P V Sindhu has advanced to the semi-finals of the
Hong Kong Open Super Series Badminton tournament. In the quarter-final today,
the Indian shuttler upset World No. 2 Akane Yamaguchi of Japan in straight
games 21-12, 21-19.
In the second Cricket Test at Nagpur, India bundled
out Sri Lanka for a meagre total of 205 in their first innings on the opening
day today. Skipper Dinesh Chandimal was the top scorer with 57. For India, Ravichandran Ashwin claimed four
wickets for 67 runs. Ishant Sharma and
Ravindra Jadeja took three wickets each.
At close of play, India were were 11 for One in eight overs in their reply.
The first Test of the three-match
series at Kolkata had ended in a draw.