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1 India's INS Sahyadri Reaches Pearl Harbour For Strategic Exercise

Indian Naval Ship Sahyadri has reached the Pearl Harbour, Hawaii, to participate in the 26th edition of Exercise RIM of PACific (RIMPAC), the Navy said today.

INS Sahyadri, commanded by Captain Shantanu Jha, is a state-of-the-art indigenously built guided missile stealth frigate which is a part of the Eastern Fleet under the Eastern Naval Command.

It reached Pearl Harbour of the USA on Monday.  

Prior to RIMPAC 18, the ship also participated in the 22nd edition of MALABAR 18 exercise in the south-western Pacific region between June 7 and 16.

The RIMPAC is the largest multilateral naval exercise in the world and is held biennially in the Western Pacific Ocean.

27-Jun-2018 News in Details
2 India Most Dangerous Country For Women, US In 10 Worst: Survey

India is the world's most dangerous country for women due to the high risk of sexual violence and being forced into slave labour, according to a poll of global experts released on Tuesday.

War-torn Afghanistan and Syria ranked second and third in the Thomson Reuters Foundation survey of about 550 experts on women's issues, followed by Somalia and Saudi Arabia.

The only western nation in the top 10 was the United States, which ranked joint third when respondents were asked where women were most at risk of sexual violence, harassment and being coerced into sex

The poll was a repeat of a survey in 2011 that found experts saw Afghanistan, Democratic Republic of Congo, Pakistan, India, and Somalia as the most dangerous countries for women.

Experts said India moving to the top of poll showed not enough was being done to tackle the danger women faced, more than five years after the rape and murder of a student on a bus in Delhi made violence against women a national priority.

26-Jun-2018 News in Details
3 Pakistan seek world body's intervention after being denied Indian visa for World Junior Squash

The Pakistan Squash Federation (PSF) has sought the game's world body's intervention after it failed to secure visas for its team which is set to take part in the World Junior Squash Championship to be held in India next month.

The PSF has asked the World Squash Federation to help it in procuring Indian visa or else cancel the event. PSF secretary Tahir Sultan said that the Indian authorities were doing injustice with the Pakistani sports persons.

"The World Junior Championship is an international event of the World Sqush Federation and it has been given to India to host next month. Unfortunately, so far we have been denied visas by the Indian authorities to send our contingent," Sultan told PTI.

26-Jun-2018 News in Details
4 Jeff Bezos' Blue Origin Will Start Selling Tickets to Space Next Year

Blue Origin, the space-tourism startup owned by Amazon’s Jeff Bezos, says it will start selling passenger tickets for trips into space in 2019.

The timeline came from Blue Origin senior vice president Rob Meyerson, whose comments at an Amazon Web Services event were reported by Space News. Meyerson did not say how much the tickets would cost when they go on sale.

The company also plans to conduct crewed test flights of its New Shepard rocket “soon” — meaning Bezos’s company could, at least by one metric, get a jump on rival SpaceX.

Blue Origin, at least for now, is less ambitious than Elon Musk’s SpaceX, which just nabbed a landmark military contract for its new Falcon Heavy rocket. The New Shepard is minuscule compared to the Falcon Heavy, or even the Falcon 9, and has a much lower maximum altitude than either, reaching only suborbital altitudes.

26-Jun-2018 News in Details
5 Chief financial officers believe GST had positive impact on overall business: Deloitte survey

New Delhi: Its close to a year since the implementation of GST, and a significant percentage of the country's chief financial officers believe that it had a positive impact on the overall business climate, says a Deloitte survey.

According to Deloitte India's annual CFO Survey, 77 percent CFOs believe that GST has had a positive impact on the overall business.

Moreover, 57 percent of CFOs are now willing to take greater business risks, as the next couple of years are expected to be a period of consolidating gains from recent reforms.

"Introduction of GST necessitated a relook at the existing business models by CFOs. It had far-reaching implications on business functions, where the impact was on taxation, finance, legal, IT systems and supply chain. Overall, GST's value proposition has been appreciated by CFOs," said Porus Doctor, Partner, Deloitte India.

26-Jun-2018 News in Details
6 Power discom BYPL signs MoU with Finnish company

New Delhi: Powerdistribution company BYPL has signed a memorandum of understanding (MoU) with Business Finland, a Finnishgovernment agency, for collaborative activities in different areas, including energy efficiency and electric vehicles. 

The agreement was signed last week by BSES Yamuna Power Limited (BYPL) chief executive officer PR Kumar and Jukka Holappa, commercial councilor and head 'Business Finland' India, at the Embassy of Finland here, said a BYPL spokesperson. 

The three year MoU on 'cooperation in the power distribution sector' will encompass joint studies, pilot projects, knowledge-sharing and consultancy, research projects for inducting future and emerging technologies at the distribution utility level. 

26-Jun-2018 News in Details
7 Odisha: Pallavi Durua crowned as India's first 'Tribal Queen'
BHUBANESHWAR: Pallavi Durua, who belongs to Odisha's Koraput district, was crowned as the first Tribal Queen at the Adi Rani Kalinga Tribal Queen competition held at Utkal Mandap here on Sunday.

Panchami Majhi of Titlagarh and Rashmirekha Hansdah of Mayurbhanj were declared as the first and second runners-up of the beauty pageant respectively.

The trio will now feature in a short movie on tribal culture, to be produced by a Mumbai-based producer.

"Many tribal girls like me are not allowed to move around or study. After winning this crown, I hope I can be an example for others and they will also shed the superstitions and face the world," Pallavi said.

26-Jun-2018 News in Details
8 Archery World Cup: Deepika Kumari wins individual gold

India ended their campaign at the Archery World Cup in Salt Lake with one gold, one silver and one bronze after Deepika Kumari defeated Germany's Michelle Kroppen 7-3 in the women's recurve individual final on Sunday. India had earlier won two medals on Saturday as Abhishek Verma continued his rich vein of form this year by winning a silver in the compound men's individual event. He also won a bronze in the compound mixed team event with Jyothi Surekha Vennam.]

This was the experienced Kumari's first gold at the World Cup after a gap of six years. With this win, she further qualified for the circuit Final -- her seventh appearance in the same, to be held later this year. She has won four World Cup Final silvers in the past (2011, 2012, 2013 and 2015).

"Finally! That's what I said when I won this gold medal", Deepika said.

25-Jun-2018 News in Details
9 Amidst trade crisis, China cuts banks' reserve requirements to boost lending

China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.

The reserve reduction, the third by the central bank this year, had been widely anticipated by investors amid concerns over market liquidity and a potential economic drag from a trade dispute with the United States.But the 700 billion yuan ($107.65 billion) in liquidity that the central bank said will result from the reduction in reserves was bigger than expected. Expectations of a cut had risen after the State Council, or cabinet, said on Wednesday monetary policy tools including targeted cuts in banks' reserve requirement ratios will be deployed to strengthen credit flows to small firms and keep economic growth in a reasonable range.

25-Jun-2018 News in Details
10 Sandeep Sejwal grabs gold at Singapore National Swimming Championships

NEW DELHI: Indian swimmer Sandeep Sejwal put up an impressive performance to clinch the gold medal in men's 50m breaststroke event at the Singapore National Swimming Championships in Singapore on Saturday.

Besides, Virdhawal Khadegrabbed a creditable silver medal in the 50m freestyle event with a timing of 22.68 seconds even as compatriot Aaron Agnel Dsouza crashed out in the semifinals.

Competing against a host of international swimmers, Sandeep broke the Singapore meet record with a timing of 27:59 seconds to win the gold. He bettered his own time of 27.68 seconds in the semi-final by 0.09 seconds.

25-Jun-2018 News in Details