Morning digest: HAL facing severe cash crunch\, all you need to know about the quota Bill\, and more

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Morning digest: HAL facing severe cash crunch, all you need to know about the quota Bill, and more

HAL is ranked in the 34 position amongst the top 100 global aerospace industries.

HAL is ranked in the 34 position amongst the top 100 global aerospace industries.   | Photo Credit: K. Murali Kumar

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A select list of stories to read before you start your day

‘The decisions of the last six months will be reviewed’, says Ashok Gehlot

Ashok Gehlot became Chief Minister of Rajasthan for the third time after the Congress narrowly won the Rajasthan Assembly election in December. In a freewheeling interview, he speaks of Congress president Rahul Gandhi’s leadership, says he “really likes” Deputy Chief Minister Sachin Pilot, and promises to take strong action against efforts to foment communal tension.

HAL faces severe cash crunch as IAF delays payment

A rare cash crunch in its 80-year history, triggered largely by unpaid bills of around ₹14,000-crore from the Indian Air Force, has led defence aircraft manufacturer Hindustan Aeronautics Ltd. to worry if it can sustain a vital function after a month or two: that of servicing the IAF’s aircraft.

Alok Verma likely to resume office on Wednesday

Central Bureau of Investigation Director Alok Verma is likely to resume charge on Wednesday, following the Supreme Court judgment setting aside the “overnight” stripping of his powers on the intervening night of October 23 and 24.

The Hindu Explains: The new 10% quota, its implications, and more

Who will the new 10% quota apply to? What steps are necessary for its implementation? What are the future implications, should the Bill stand judicial scrutiny? How will it help the economically less prosperous “upper caste” Hindus and such groups in other communities?

Customers cannot be charged for availing tokenisation service: RBI

The Reserve of India (RBI) has allowed all card payment networks to offer tokenisation service. However, the central bank has made it clear that no charges should be recovered from the customer for availing this service.

Kim arrives in Beijing in the shadow of talks with Trump

North Korean leader Kim Jong-un arrived in the Chinese capital in the early hours, for consultations with Beijing, ahead of a likely second round of talks with U.S. President Donald Trump. The talks are taking place amid signs that the dialogue between Mr. Kim and Mr. Trump could take place either in Hanoi, Bangkok or Hawaii. The two leaders had last met in Singapore for their first meeting last June.

SC ruling strikes a blow for CBI’s independence

The Alok Verma divestment case has led the Supreme Court to further protect the tenure of the CBI Director and the independence of the country’s premier investigative agency from interference by political higher-ups.

The judgment by the three-judge Bench led by Chief Justice of India echoes what senior advocate Fali Nariman, appearing for Mr. Verma, said during the court hearing.

‘I love the way Virat plays and his humility is a sign of greatness’, says Glenn McGrath

Glenn McGrath not just called Virat Kohli a great batsman but said the Indian captain was a good human being as well. McGrath has been touched by the support Kohli has lent to the Pink Test that raised funds for the treatment of breast cancer patients.

Vikram Misri takes charge as India’s new envoy to China

India’s new ambassador to China Vikram Misri took charge of the post on Monday and met top Chinese officials during which they discussed Sino-India ties. Mr. Misri presented a copy of his credentials to Hong Lei, Deputy Director General of Protocol at the Ministry of Foreign Affairs in Beijing.

Indian team donates ₹50,000 to the Indian Blind Football Federation

The small amounts collected from the Indian footballers as fines for minor breach of discipline are being put to use for a noble cause as the team decided to donate ₹50,000 to the Indian Blind Football Federation.

 

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