TODAY NEWS ON April 11, 2024

News Headlines for CAT,CLAT and IPM Aspirants

Q4 GDP growth may throw up a positive surprise at 6.5%-7%

India’s GDP growth in the January to March 2024 quarter is likely to turn out to be higher than the 5.9% uptick penned in by the National Statistical Office (NSO), possibly in the range of 6.5% to 7%, which would translate into a positive surprise for the official 7.6% growth estimate for 2023-24.

6,000 workers from India to be brought to Israel during April-May

More than 6,000 Indian workers will arrive in Israel during April and May to help the country’s construction sector meet a labour shortage following the outbreak of the Israel-Hamas conflict. They will be will be brought to Israel on “air shuttle” following a joint decision by the Israeli Prime Minister’s Office (PMO), Finance Ministry and the Construction and Housing Ministry on subsidising charter flights, a statement issued by the Israeli government late Wednesday said.

Tesla CEO Elon Musk to visit India this month; to meet PM Modi

American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company’s investment plans in the country, according to sources. Mr. Musk, who has described as a ‘natural progression’ to provide Tesla electric vehicles in India, is likely to be accompanied by other company executives during the visit that is expected in the week of April 22, a source said.

Biden says he’s considering Australia’s request to drop prosecution of Wikileaks founder Assange

President Joe Biden said on April 10 that he is considering a request from Australia to drop the decade-long U.S. push to prosecute Wikileaks founder Julian Assange for publishing a trove of American classified documents. For years, Australia has called on the U.S. to drop its prosecution against Mr. Assange, an Australian citizen who has fought U.S. extradition efforts from prison in the U.K. Asked about the request on April 10, as he hosted Japanese Prime Minister Fumio Kishida for an official visit, Mr. Biden said, “We’re considering it.”

Anonymous political posters, hoardings not allowed: Election Commission

Cracking down on anonymous political hoardings, the Election Commission (EC) has sought the disclosure of names of their publishers and printers for traceability and accountability. Disclosure of identity of publishers was crucial for “regulating campaign financing and fixing of responsibility in case the content is found unbecoming of the framework of the Model Code of Conduct or the statutory provisions, the poll body said.
 

U.N. climate chief says two years to save the planet

Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.’s climate chief said on April 10, in a speech that warned global warming is slipping down politicians’ agendas. Scientists say halving climate-damaging greenhouse gas emissions by 2030 is crucial to stop a rise in temperatures of more than 1.5 degrees Celsius that would unleash more extreme weather and heat.

Delhi Minister Raaj Kumar Anand resigns, quits AAP

Delhi’s Social Welfare Minister Raaj Kumar Anand on Wednesday resigned from his post and also gave up his primary membership of the Aam Aadmi Party (AAP), saying he had joined a party that was born out of the movement against corruption but had itself got stuck in the “quicksand of corruption”.

World Athletics introduces prize money at the Olympics; Paris winners to get $50,000

Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medalists in Paris. The move is a symbolic break with the amateur past of the Olympics in one of the games’ most-watched events.

After Russian oil, India raises sanctions over Russian diamonds with Europe

Faced with mounting losses and consignment delays due to new European Union-G7 sanctions, Indian diamond exporters are calling for a separate screening process to be set up in India, so that the newly mandated procedures for exports to Western countries can be processed smoothly.

With eyes on China, U.S. and Japan vow new security collaboration

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida promised a “new era” of U.S.-Japan strategic cooperation on Wednesday, laying out a series of projects from co-development of missiles to manned moon landings, while condemning China’s escalatory behavior in the region.
 

SC declines Ramdev, Patanjali apology; expresses concern over FMCGs taking gullible consumers ‘up and down the garden path’

The Supreme Court on Wednesday refused to accept a second round of apologies from self-styled yoga guru Baba Ramdev, Patanjali Ayurved Limited, and its managing director Acharya Balkrishna in a contempt case, flagging concern about Fast Moving Consumer Goods (FMCG) companies playing with the health of the gullible public while government fails to crack the whip. “The victim is always the public. We are concerned with all those FMCG companies who are taking their consumers and clients up and down the garden path, showing them very rosy pictures about what their products can do for them. People who pay good money for these products finally end up suffering at the cost of their health… That is absolutely unacceptable,” Justice Hima Kohli observed.

SC stays trial in money laundering case against ‘lottery king’ Santiago Martin

The Supreme Court on Wednesday stayed the proceedings before a special court in a money laundering case against ‘lottery king’ Santiago Martin, whose company donated the most to political parties through the controversial electoral bonds scheme. A bench of Justices Abhay S. Oka and Ujjal Bhuyan issued notice on a plea by Mr. Martin challenging the March 16 order of a special PMLA court in Kerala’s Ernakulam dismissing his petition for keeping in abeyance the trial in the money laundering case registered by the Enforcement Directorate (ED).

Samajwadi Party promises caste-based census, MSP guarantee, scrapping Agnipath in poll manifesto

Samajwadi Party president Akhilesh Yadav on April 10 unveiled the party’s manifesto for the Lok Sabha elections, promising a caste-based census by 2025, a legal guarantee for MSP, and scrapping of the Agnipath scheme. The manifesto — ‘Janta Ka Maang Patra - Humara Adhikar’ — was released at the SP headquarters here in the presence of senior party leaders.

BJP represents 103 Lok Sabha seats where forests rights is key issue, shows analysis

BJP MPs represent 103 of the 153 Lok Sabha seats in the country where the implementation of the Forest Rights Act 2006 is a major issue, according to a recent report. The Congress, which enacted the FRA, and the Biju Janata Dal represent 11 seats each, Shiv Sena 6, Telangana Rashtra Samithi and YSRCP 5 each, and the National Congress Party 4, the analysis by independent organisation Vasundhara found.

Calcutta HC orders CBI probe into alleged crimes against women, land grabbing in Sandeshkhali

The Calcutta High Court on April 9 ordered a CBI investigation into allegations of crimes against women and forcible land grabbing in West Bengal’s Sandeshkhali, which had witnessed protests over the issues. Stating that the investigation will be monitored by the court, a division bench presided by Chief Justice T.S. Sivagnanam directed the CBI to file a comprehensive report on the alleged illegal conversion of agricultural land into water bodies for pisciculture after conducting a thorough inspection of revenue records and physical inspection of land alleged to have been converted.
 

Israel’s ‘immediate priority’ is to bring hostages back, say diplomats

As domestic and international pressure mounts on Prime Minister Benjamin Netanyahu to reach a deal with Hamas for truce in return for the release of hostages, a senior diplomat at the Ministry of Foreign Affairs (MFA) here said Israel’s immediate priority now is to bring the hostages back home. “At this point we are not looking at any winning formula. We want hostages back. That’s what our urgent priority is,” said the diplomat who requested anonymity to discuss the crisis freely.

Biden says Netanyahu’s approach to war in Gaza is a ‘mistake’

Israeli Prime Minister Benjamin Netanyahu’s approach to the war in Gaza is a “mistake,” U.S. President Joe Biden said in an interview published on April 9, offering further criticism of Israel’s handling of the conflict. “I think what he’s doing is a mistake. I don’t agree with his approach,” Mr. Biden said in comments to Univision, a U.S. Spanish-language TV network. He has also previously called Israel’s bombing in Gaza “indiscriminate” and its military actions “over the top.”

China’s Xi meets former Taiwan leader Ma Ying-jeou in Beijing on pro-unification visit

Chinese President Xi Jinping met with former Taiwanese President Ma Ying-jeou in Beijing on April 10 in a bid to promote unification between the sides that separated amid civil war in 1949. Mr. Ma left office almost two decades ago and was largely excluded from the opposition Nationalist Party’s failed campaign to retake the presidency in January, a concession to the electorate’s strong opposition to political unification with China and politicians seen as willing to compromise Taiwan’s security.

Sensex settles above 75,000-mark for first time, Nifty closes at record high

Benchmark Sensex climbed 354 points to close above the record 75,000 mark for the first time while broader Nifty scaled a fresh lifetime high on Wednesday on gains in FMCG, energy and metal shares. The 30-share BSE Sensex climbed 354.45 points or 0.47% to settle at an all-time high of 75,038.15. During the day, the index spurted 421.44 points or 0.56% to hit a high of 75,105.14. Broader Nifty of the NSE advanced by 111.05 points or 0.49% to close at a record peak of 22,753.80. During the day, it jumped 132.95 points or 0.58 per cent to reach a lifetime intra-day peak of 22,775.70.

IPL-17 GT vs RR | Titans pull-off last ball thriller in Jaipur

Gujarat Titans came back from nowhere to pull off a thrilling three-wicket win against Rajasthan Royals in the Indian Premier League here on Wednesday, ending the hosts’ unbeaten run in the tournament. Sanju Samson (68 not out off 38) and Riyan Parag (76 off 48) continued their red hot form in the competition with disdainful half-centuries as Rajasthan Roylals reached 196 for three after being put in to bat.
 

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