DAILY CURRENT AFFAIR 2017 for SSC and Banking
- Supreme Court orders Karti Chidambaram to appear before CBI, stays cancellation of Madras HC ‘look out notice’
NEW DELHI: The Supreme Court (SC) on Monday ordered Karti Chidambaram to appear before the CBI in a corruption case, thus staying a Madras high court order that allowed him to travel abroad.
The Madras high court had allowed Karti – son of former Finance Minister P Chidambaram – to travel abroad and he was scheduled to fly out on August 16. The High Court had on August 10 stayed the ‘look out circulars’ issued against Karti and four others by the Centre over the CBI case, holding that they were prima facie “unwarranted”.
2. India beat SL by an innings and 171 runs; clinch series 3-0 NEW DELHI: India claimed they’re first ever 3-0 series win overseas, beating Sri Lanka in the third and the final Test at Pallekele International Cricket Stadium, Pallekele on Monday by an innings and 171 runs.
Brief Scores : Sri Lanka 181 (Chandimal 36; Ashwin 4/68) & 135 (Chandimal 48; Kuldeep 4/40) trail India 487 (Dhawan 119, Pandya 108; Sandakan 5/132) by an innings and 171 runs
3. White House insiders in bid to eject Trump: Scaramucci WASHI DC:
US President Donald Trump’s former communications director Anthony Scaramucci has said there are people in Washington trying to have Trump removed as the president.
4. Detect and deport illegal immigrants, states told
The home ministry has asked states to set up a task force at the district level to identify and deport illegal immigrants Intelligence agencies have expressed concern that terror organizations in J&K and other parts may use the Rohingyas against India.The ministry has asked the state governments to set up a task force at the district level to identify and deport illegal immigrants.
5. Pakistan decides to go one up on India, hoists taller flag NEW DELHI:
On the eve of its independence day, Pakistan decided to go one up on India, not in GDP or literacy rate, but in flag height.Pakistan’s army chief Qamar Bajwa on Sunday hoisted what the country is calling “South Asia’s highest flag” – a 120- by the 80-foot flag on a 400-foot pole – at the Wagah border, reported Pakistani media.
This is said to be the eighth-tallest flag in the world and higher than the tricolor India hoisted in Attari in March. That one was hoisted on a 360-foot tall flagpole and the goal was that it should be seen from Lahore.Pakistan announced in July that it was planning to host a taller flag. At the time, a BSF official said Pakistan’s move was most definitely aimed at beating India.“There can be no other but psychological reason behind installing the tallest flag at Wagah. Pakistani authorities must have felt that with India installing the tallest flag, which was seen from Lahore, had lowered their prestige so they have taken such decision,” said former BSF deputy inspector general of D S Saran, to TOI.
6. Survey finds Indians, Chinese, Saudis most positive about the direction their countries are going:- NEW DELHI: An online survey of people in 26 countries found that respondents in China, India and Saudi Arabia are the most positive about the direction their nations are taking.The monthly survey, ‘What Worries the World’, by global market research firm Ipsos, also found that that the majority of people across 26 countries think that their country is on the wrong track.Almost 87% of those surveyed in China think their country is going in the right direction, with 74% in India and 71% in Saudi Arabia believing the same.
7.More setback to Samajwadi Party as 2 MLCs quit UP Legislative Council :- LUCKNOW: Two more MLCs -Ashok Bajpai and Ambika Chaudhary -resigned from Legislative Council on Wednesday. While Bajpai is a member of Samajwadi Party, Chaudhary quit SP before the UP polls to join BSP. But technically he was still a member of SP. Both are considered close to SP patriarch Mulayam Singh Yadav and are founder members of the party .
Earlier, four other MLCs -Bukkal Nawab, Yashwant Singh and Sarojni Agarwal from SP and Jaiveer Singh from BSP -also resigned from council and their parties to join BJP during the past week.The SP MLCs claimed that they were unhappy with the treatment meted out to Mulayam after the feud within the Yadav after which Akhilesh Yadav replaced his father to become the SP national president.
After resignation, Bajpai was non-committal about his future political journey . “I have resigned from SP and will now sit with my supporters and decide what to do next,” he said. About his resignation, Bajpai said he had been with Mulayam all through his life and was peeved at the treatment being meted to ‘Netaji (Mulayam) by the present leadership. Mulayam’s son Akhi lesh is at present heading the party as national president of SP . “Both Mulayam and Shivpal have been sidelined in SP and I was not happy about it,” Bajpai said after handing over his resignation to Vidhan Parishad chairman Ramesh Yadav . Chaudhary had also levelled similar charges when he left the SP to join Mayawati in Janaury this year.
7. Panneerselvam meets Modi, discusses AIADMK unification
CHENNAI: Former Tamil Nadu chief minister O Panneerselvam called on Prime Minister Narendra Modi in New Delhi on Monday and discussed issues relating to the merger of two AIADMK factions+ — one led by him and another led by chief minister Edappadi K Palaniswami+ .
The meeting went on for more than 30 minutes. Rajya Sabha MP V Maithreyan, former state minister K P Munusamy and former Rajya Sabha member Manoj Pandian were present.
“OPS and Modi discussed all the major issues affecting the state. The meeting went on smoothly,” Maithreyan told TOI.
Sources said the main issue discussed during the meeting was the unification of the two factions. They also discussed NEET and other issues. On Friday, Palaniswami met Modi. Panneerselvam was also supposed to meet Modi on that day. But the meeting did not happen then.
The meeting of OPS with Modi happened on a day when AIADMK (Amma) deputy general secretary, who leads the third faction in the party, is set to hold an MGR centenary function at Melur near Madurai. Dhinakaran has said he will answer all questions relating to the party and him at the function.
8.India to import 25 tonnes of duty- free gold from South Korea: Industry officials
PANAJI: Indian traders are likely to import 25 tonnes of gold from South Koreain July and August, taking advantage of a recent tax change that allows importers to ship in gold without paying a 10 per cent customs duty, industry officials told Reuters.
The cheap imports are putting pressure on local refiners and banks who cannot match the steep discounts being offered on bullion sales from the duty-free gold from South Korea.
“Already 12 tonnes have been landed from South Korea since the implementation of GST. By the end of this month imports could be around 25 tonnes,” James Jose, secretary of the Association of Gold Refineries and Mints told Reuters.India, the world’s second biggest gold consumer after China, imposes a 10 per cent import duty on gold, but this does not apply to countries with which it has signed Free Trade Agreements (FTAs), like South Korea.To avoid duty free imports from those countries, India previously imposed a 12.5 per cent excise duty. However, this was scrapped along with other local taxes when a Goods and Services Tax (GST) was introduced from July 1.“Those who are importing from South Korea are reaping windfall gains,” said Rajesh Khosla, managing director of MMTC-PAMP India, the country’s biggest refinery. “They are saving the 10 per cent import duty. So they can give a $10 or $15 discount. Refiners are operating with a 0.65 per cent margin. We cannot compete with someone who is giving a 1 per cent discount,” Khosla said on the sidelines of the International Gold Convention in Panaji, capital of India’s western resort state of Goa.South Korea is favoured for importing gold over other countries that India has FTAs with because of its ability to deliver bullion in the form of coins or other articles, which do not attract the import duty.Gold discounts in India widened earlier this month to $11 an ounce, the highest in more than 10 months.