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In the largest order in history of aviation, IndiGo buys 500 planes from Airbus
Europe’s Airbus announced a record order from Indian budget carrier IndiGo for 500 jets on the opening day of the Paris Airshow on Monday.
The multibillion-dollar narrowbody deal is the largest ever by number of aircraft, eclipsing Air India’s provisional purchase of 470 jets earlier this year as India’s two largest carriers brace for sharp expansion in regional travel demand. (Read More)
SEBI bans IIFL Securities from signing new broking clients for 2 years
India’s market regulator SEBI on Monday banned the stockbroking unit of IIFL Securities from onboarding any new client for two years, citing alleged misuse of client funds that came to light in 2013-2014.
The Securities and Exchange Board of India (SEBI) inspected the operations and accounts of IIFL Securities between April 2011 and January 2017 and found several alleged violations of its rules, including mixing clients’ funds with its own funds and utilising credit balances in one client’s account for the needs of others. (Read More)
Uniform Civil Code a must for national unity and natural justice: DSJP
The Kerala-based Democratic Social Justice Party (DSJP) on Monday strongly supported the move by the NDA government at the Centre to introduce a Common Civil Code (CCC) for all citizens saying it will greatly strengthen national unity and safeguard the cause of natural justice especially of women. In a letter to the Law Commission of India which sought opinions from public on UCC, the party president KSR Menon said the concept of a Uniform Civil Code is enshrined in the Directive Principle of state policy and it was high time a comprehensive UCC was framed and enacted. (PTI)
Defence industrial cooperation roadmap to be key outcome of PM Modi’s US visit beginning June 21: Foreign Secretary
A roadmap for defence industrial cooperation is expected to be the key outcome of Prime Minister Narendra Modi’s visit to the United States beginning June 21, Foreign Secretary Vinay Mohan Kwatra said on Monday.Addressing a press conference here, he said all aspects of defence co-production and co-development will be part of the discussions between Modi and US President Joe Biden.”One of the key components which will be prominently showcased will be bilateral defence cooperation,” he said.”The second key component has been strong trade and investment partnership. Third is the technology component which interfaces with many other domains – telecom, space, manufacturing and investment,” Kwatra said. (PTI)
Khalistan Tiger Force chief shot dead in Canada
Khalistan Tiger Force (KTF) chief Hardeep Singh Nijjar was shot dead by two youths in the parking lot of a Gurudwara in Canada, officials said on Monday. The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said. (Read More)
SC agrees to hear plea on Central Forces
The Supreme Court has agreed to hear the plea filed by the West Bengal state election commission against the Calcutta high court order that directed the deployment of central forces in the wake of violence ahead of Panchayat elections. The SC will hear the plea on June 20.
After Kathmandu, Nepal’s Pokhara bans all Indian films amid Adipurush dialogue row
Standing alongside Kathmandu Metropolis, the Pokhara Metropolitan City has also enforced a ban on the screening of Indian films following the ‘Adipurush’ dialogue controversy. An announcement in this regard was made by Pokhara Mayor on Sunday, directing cinema halls in the Metropolitan city of central Nepal to stop screening of all Bollywood films starting from Monday morning. Earlier on Sunday evening, Nepali capital Kathmandu’s Mayor Balendra Shah had enforced a ban on Indian films. Soon after the announcement, the Pokhara Mayor, Dhanraj Acharya, sent letters to three movie theatres directing them to stop the screening of all Indian films. (ANI)
Modi euphoria captures US ahead of State Visit
Hundreds of Indian-Americans have gathered at iconic locations across the US to send a message of welcome to Prime Minister Narendra Modi days ahead of his State Visit. A few hundred Indian Americans from in and around the Washington DC area gathered near the National Monument on a bright Sunny Sunday to convey a message of unity and tell the prime minister that they are eagerly waiting for his arrival in the city, reported PTI. Prime Minister Modi is visiting the US from June 21-24 at the invitation of US President Joe Biden and First Lady Jill Biden. They will host Modi at a state dinner on June 22. The visit also includes an address to the Joint Session of the Congress on June 22. (Read More)
Light rain in parts of Delhi, brings relief from scorching heat
Parts of the national capital received light rainfall on Monday morning, bringing respite from the scorching heat. The IMD predicted mostly cloudy skies with the possibility of very light rain and drizzle in Delhi for Monday (June 19).Regional Weather Forecasting Centre (RWFC) on Saturday predicted thunderstorms with light-intensity rain in Delhi-NCR.”Thunderstorm with light intensity rain NCR ( Manesar) Farukhnagar, Kosali, Sohana, Rewari, Bawal, Nuh (Haryana) Nandgaon, Barsana, Jalesar, Sadabad (U.P.) Bhiwari, Tizara, Khairthal, Deeg (Rajasthan),” RWFC tweeted.RWFC provides weather forecasts for North-West India along with Delhi-NCR regions. (ANI)