Centre holds discussions with judiciary over judges appointment
There seems to be attempts to thaw the impasse over the
appointment of judges to constitutional courts, with the highest echelons of
the government and judiciary meeting earlier this week to discuss an issue
that the Supreme Court has time and again raised concerns about.
Details related to the names recommended by high court or
Supreme Court collegiums but were still pending with the government were shared
during the meeting, sources said.
Earlier, this month, the Supreme Court had expressed concerns
over long delays in the appointment of judges to high courts.
The top court had also sought the status of at least 213 cases
that it believed were pending with the government for appointment to high
courts. However, sources said only around 35 cases were pending with the central
The law ministry, on the basis of any fresh material against a
candidate, can request the collegium to reconsider its recommendation. However,
if the collegium reiterates the name, the government is bound to clear the
There is, however, no prescribed time frame to clear and notify
the appointments, thereby giving the government a ‘pocket veto’ to stall
NITI Aayog to launch second edition of SDG
NITI Aayog will launch the second edition of the Sustainable
Development Goals (SDG) India Index in New Delhi today. The Index documents
the progress made by India’s States and Union Territories towards
implementing the 2030 SDG targets.
NITI Aayog will also launch the Dashboard 2019-20. The SDG India
Index and Dashboard track the progress of States and rank all States and Union
Territories on 100 indicators drawn from Ministry of Statistics and Programme
Implementation's National Indicator Framework, comprising 306 indicators.
It indicates where the country and its States and UTs currently
are on SDG implementation. It also charts the distance to be travelled to reach
the SDG targets.
The Index covers 16 out of 17 SDGs and a qualitative assessment
on Goal 17.This marks an improvement over the 2018 SDG Index, which covered only
Reports suggest India likely to become fourth largest economy
India will overtake Germany to become fourth-largest economy
in the world by the year 2026. According to a report by the UK-based Centre
for Economics and Business Research (CEBR), India is all set to overtake
Japan to become the third-largest economy by 2034.
The report titled 'World Economic League Table 2020' said that
India is also set to become a 5 trillion dollar economy by 2026, 2 years later
than the government's target of 2024.
India has decisively overtaken both France and the UK to become
the world's fifth-largest economy in 2019. The report said that Japan, Germany
and India will battle for third position over the next 15 years.
The World Economic League Table is an annual calculation by CEBR
jointly published by CEBR and Global Construction Perspectives. The base data
for 2019 is taken from the IMF World Economic Outlook.
RBI criticizes rating agencies for inaccurate rating of
Reserve Bank of India has criticised credit rating agencies
(CRAs) for allowing low-rated companies to do "rating shopping".
In the 25th edition of the Financial Stability Report, RBI has
warned of 'rating shopping' by companies for long-term bank loans based on
indicative ratings given by CRAs which are not available to the banks or
Rating agencies have been largely blamed for their lax policies
and oversight for the 2008 global financial crisis.
Securities and Exchange Board of India last Friday penalised
Icra, Care and India Ratings of 25 lakh rupees each for their "lapses in their
duty to investors by not taking timely action" when they rated NCDs of IL&FS
which owes close to one lakh crore rupees to the system.
SEBI also found the agencies guilty of excessively relying on
assertions of the IL&FS management.
The construction of tunnels near India’s borders with China
and Pakistan has picked up pace. India has issued a global tender for the
construction of a state of the art tunnel under the Brahmaputra in Assam,
quickened the pace of work on three other tunnels near the border with
China, and plans to build six tunnels near the Pakistan border.
The Border Roads Organisation (BRO), which is handling this
matter, has issued a global tender for the construction of a tunnel under the
Brahmaputra River in Assam, while it has also begun the excavation of a tunnel
under the Sela Pass in Arunachal Pradesh, top officials said.
Work on another tunnel in Nechiphu, also in Arunachal Pradesh,
which will shorten the travel time to Tawang, will begin soon.
The new tunnels that are being planned for India’s western front
are at Sadhna Pass (a mountain pass connecting Karnah tehsil of Kupwara to rest
of Kashmir valley) and PharkianGalli (in Kupwara) in Jammu and Kashmir.
The reason behind the government contemplating on having a
tunnel under the Brahmaputra is that the strategic bridges connecting different
areas in Assam to Arunachal Pradeshand further ahead to regions along the LAC
are vulnerable to interference by the adversary. The tunnel, however, would be
unexposed and ensure complete protection to military convoys moving in it.
Dubai plans record spending to revive flagging economy
Dubai unveiled a 2020 budget on Sunday projecting record
spending of USD 18.1 billion, up 17 percent on this year, as it seeks to
revive its flagging economy.
The Gulf city state expects revenues too to rise sharply next
year as it hosts Expo 2020, the global six-month trade fair set to open on
October 20.But it still foresees a deficit for the fourth year in a row of USD
The government is hoping that Expo will draw some 25 million
visitors, many of them from abroad, and is projecting a 25 percent increase in
revenues to USD 17.4 billion.
Dubai is the only government in the Gulf not dependent on
hydrocarbon revenues, and projects around 94 percent of income to come from
Dubai is renowned for its skyscrapers, like the world's
tallestbuilding BurjKhalifa, but its key property sector has been sliding since
Last year, growth slowed to 1.94 percent, less half the 2017
figure and the worst in a decade.It picked up slightly to 2.1 percent in the
first half of this year but the government is keen to do more to stimulate
consumer spending and the real estate market.
::SCIENCE & TECHNOLOGY::
Last Squadron of MiG-27 decommissioned
The MiG-27, which is known to NATO (North Atlantic Treaty
Organization) as the ‘Flogger’ and to Indian Air Force (IAF) as ‘Bahadur’,
flew its last sortie in Jodhpur, Rajasthan.
After this flight, IAF bid adieu to its squadron of seven
aircraft as all were decommissioned. The last MiG-27 unit to operate the jet,
Number 29 Squadron, bid farewell to jet in Jodhpur Air Base where the aircraft
participated in a flypast.
For 35 years, MiG-27, a curiously designed fighter-bomber has
been at forefront of IAF’s attack fleet. However, while MiG-27 had been backbone
of IAFfor the past three decades, the jets were also infamous for routine
accidents throughout their career with Indian Air Force.
In three decades plus of operations, at least a squadron’s
strength (18 aircraft) are thought to have been lost with several fatal injuries
The Squadron was raised on 10 March 1958, at Air Force Station
Halwara with Ouragan (Toofani) aircraft. Over the years, Squadron has been
equipped with numerous types of fighters like MiG-21 Type 77, MiG-21 Type 96,
MiG-27 ML and MiG-27 upgrade. It is the only unit in IAF operating MiG-27
The upgraded version has also participated in numerous national
and international exercises, because of its survivability.
Koneru Humpy is women’s world rapid chess champion
Indian grandmaster Koneru Humpy has become the 2019 Women's
World Rapid Champion. She defeated China's Lei Tingjie in a dramatic final
in Moscow, Russia.
After losing the opening game, Humpy made an impressive comeback
and collected nine points each in 12 rounds to be tied with Tingjie. The duo
then played a fierce game to break the deadlock. Tingjie finished with a silver,
while Turkey's Ekaterina Atalik won bronze.
This is a significant triumph for Humpy who is India’s best-ever
women’s chess player. She is more at ease in the classical format and was
clearly trying to take her skills in the rapid format to a new level. Norway's
Magnus Carlsen claimed the men's title.