1. Morning News Bulletin: Track latest stories

Morning News Bulletin: Track latest stories

The first Scorpene-class submarine, Kalvari, is expected to be commissioned by November-December, Vice Admiral Girish Luthra has said.

By: | New Delhi | Published: September 27, 2017 8:51 AM
Hizbul Mujahideen The first Scorpene-class submarine, Kalvari, is expected to be commissioned by November-December, Vice Admiral Girish Luthra has said.

Scorpene-class submarine likely to be commissioned by November-December

The first Scorpene-class submarine, Kalvari, is expected to be commissioned by November-December, Vice Admiral Girish Luthra has said. The submarine was handed over to the Indian Navy four days ago by Mazgaon Dock Limited, one of the key ship building units of the force. “The Kalvari submarine has already been in the sea for sometime. Some 110 days of sea trials have been completed and more pre-commissioning sea trials are going on. We are expecting it to be commissioned by November-December this year,” the Vice Admiral said. He was speaking at the commissioning of INS Tarasa, a water jet fast attack craft, at the Naval dockyard.

Top Hizbul Mujahideen commander killed in Baramulla: Police

Top Hizbul Mujahideen terrorist Abdul Qayoom Najar was killed in a gunbattle with security forces near the Line of Control (LoC) in Uri sector in Baramulla as he was trying to sneak into the valley to take charge of the outfit, a senior police officer said. It was a major success for the security forces as Najar was wanted for his alleged involvement in more than 50 killings, including that of four policemen in Hygam area of Sopore, in the past 17 years, Baramulla Senior Superintendent of Police (SSP) Imtiyaz Hussain said. He was also involved in attacks on telecommunications towers across the valley in 2015, the SSP said.

Delhi High Court dismisses Honeypreet’s transit anticipatory bail plea

The Delhi High Court yesterday rejected the transit anticipatory bail plea of Honeypreet Insan, facing charges of sedition and inciting violence after the conviction of Dera Sacha Sauda chief Ram Rahim in twin rape cases. The court said she was not entitled to any “discretionary relief” as she has been evading arrest since the violence that had erupted after the conviction of the Dera chief on August 25, claiming 41 lives and leaving scores injured. Transit anticipatory bail application is meant to seek protection against arrest. In this case, Honeypreet had sought protection from arrest during her transit from Delhi to Haryana to join the probe in the sedition case.

Bihar Congress chief Ashok Choudhary removed from post

Chief of Congress’s Bihar unit Ashok Choudhary was removed from the post with immediate effect. The party, however, did not announce his replacement though Kaukab Quadri has been named as interim chief. “Congress President Sonia Gandhi has relieved Ashok Choudhary from the post of Bihar Pradesh Congress Committee chief with immediate effect,” AICC general secretary Janardan Dwivedi said. “Kaukab Quadri, vice president of Bihar Pradesh Congress Committee will discharge as president of Bihar PCC till the appointment of a regular PCC chief,” said AICC general secretary incharge for Bihar C P Joshi.

India rules out troop contribution in Afghanistan

India has ruled out any troop contribution in Afghanistan and said it will continue to provide development assistance to the war-torn country. This was stated by Defence Minister Nirmala Sitharaman after her talks with her US counterpart James Mattis during which they discussed key bilateral, regional and international issues, including terrorism emanating from Pakistan. Amid the rising tensions due to the recent missile tests by North Korea and growing Chinese assertiveness in the South China Sea, the two sides also deliberated upon ways to deepen maritime security cooperation in the Indo-Pacific region.

Here is what caused stock markets to lose a massive Rs 4.5 lakh cr of investor wealth in just 5 sessions

With foreign portfolio investors (FPIs) continuing to take risk off the table, both the Nifty and the Sensex fell for the sixth straight session on Tuesday. FPIs have offloaded stocks worth $1 billion in September on the back of sales to the tune of $1.7 billion in August. Although domestic institutions remain buyers, both benchmark indices have recorded a cumulative loss of 2.5% over the last six sessions. Over the last five sessions, close to Rs 4.5 lakh crore of investor wealth has been eroded. On Tuesday, the Sensex closed at 31,599.76 points, down 26.87 points or 0.08 %, marking its longest losing streak since December 2016. The total market capitalisation of BSE listed companies at the end of the session was Rs 132. 34 lakh crore.

Want to start investing: 8 questions you need to answer first

Making up your mind about how, when, and where to invest is quite tricky. Often, it requires understanding your own mind—what are your life plans, how much risk can you take, how much money can you set aside, and so on. To get you started on the path of prosperity, here are some essential questions to ask yourself. Before you begin any kind of investing, you must know your objective. Are you looking to save taxes? Are you looking to create wealth? Are you saving up for the fulfillment of a dream, such as buying property? Once you have a clear target in mind, you can start planning towards it, and asking other important questions.

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