Kashmir Special Status (Article 370) Ends “At Once”

Article 370 of the Constitution, which grants special status to Jammu and Kashmir, has been abolished by a presidential order that would come into force “at once”, Home Minister Amit Shah said in parliament today, announcing the most far-reaching move on the state in nearly seven decades. The announcement came after Prime Minister Narendra Modi held a meeting of his cabinet at his house this morning. Jammu and Kashmir will also be bifurcated into two union territories, Jammu and Kashmir, and Ladakh. Prepping for any trouble in the state after the announcement, the centre today moved 8,000 paramilitary troops from different parts of the country to Kashmir, in addition to nearly 35,000 personnel moved in the past week.

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Soon, Mumbai-Pune In 35 Minutes. World’s First Hyperloop Project Is A Go

In an impetus to the dream journey between Mumbai and Pune in under 35 minutes, the Maharashtra government has approved the Virgin Hyperloop One-DP World consortium as the “Original Project Proponent” (OPP) for the Pune-Mumbai hyperloop project — a move that will generate jobs and over $36 billion in various socio-economic benefits.

According to Virgin Hyperloop One, the state government — one of the first proponents of hyperloop technology in the world — has deemed hyperloop a public infrastructure project, setting it up to be the first hyperloop project in the world.

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SBI cuts interest rates on FDs with effect from August 1

The State Bank of India, the country’s largest lender, has just slashed interest rates on its fixed deposits (FDs) of less than Rs 2 crore, or retail deposits, as well as the larger deposits across nearly all tenures offered. While deposits of 7 days to 45 days will now earn 75 basis points (bps) less, most of the tenures have seen rates dip by 10-20 bps. The smallest rate cut of 5 bps will apply on the 2-year to less than 3-year tenure. The new interest rates on SBI FDs will come into effect from August 1.

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Andhra Pradesh becomes 1st state in India to reserve 75% private jobs for locals

Andhra Pradesh has become the first state in the country to offer 75 per cent reservation to locals in private jobs. Andhra Pradesh Assembly on Tuesday passed the Andhra Pradesh Employment of Local Candidates in Industries/Factories Act, 2019, under which privates jobs across factories, industrial units, joint ventures, private projects will be reserved for local Andhra people.

Fulfilling his poll promise, Chief Minister Jagan Mohan Reddy said his government, for the first time in the history of the Telugu state, had provided over a lakh permanent jobs to the locals. During his state-wide Prajasankalp Padyatra before the 2019 Lok Sabha elections, the YSRCP chief had promised to create jobs for locals

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India Bid For Final Berth Against Unstable New Zealand

Two-time champions India after proving their dominance in the league stage will look to brush aside New Zealand and book a final berth when the two sides face-off in the 1st semi-final at the Old Trafford in Manchester on Tuesday. All-round performances and some individual batting prowess saw India top the World Cup 2019 league stage. However, with the No.4 conundrum still unsolved and middle-order woes mounting, India will fancy their chances against an unstable New Zealand. The 2015 World Cup runners-up will be wary of India, specially after registering a slump in performances, during the concluding stage of the preliminary round.

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Rahul Gandhi officially resigns as Congress President; says ‘thank you’ in open letter

Rahul Gandhi said today it was “an honour to serve the Congress party” in a letter, he tweeted hours after declaring that he was no longer the party president. The designation of “President” also vanished from his Twitter bio, which now says “Member of Congress and Member of Parliament”. A new Congress president will be chosen “within a week”, party sources said, indicating an acceptance, finally, in the ranks that Rahul Gandhi will not return as their chief.

As president of the Congress party, I am responsible for the loss of the 2019 election. Accountability is critical for the future growth of our party. It is for this reason that I have resigned as Congress president.

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Shoaib Akhtar Calls Sarfaraz Ahmed ‘Brainless Captain’ After Loss To India

Former Pakistani fast-bowler Shoaib Akhtar has criticised the Pakistan team for their poor show against arch-rivals India in the World Cup 2019 encounter. Riding on a hundred by the vice-captain Rohit Sharma and half centuries from Virat Kohli and KL Rahul, India beat Pakistan by 89 runs. Shoaib was critical of Pakistan captain, Sarfaraz Ahmed and called him ‘brainless’ while explaining the outcome of the match that took place in Manchester on Sunday. Sarfaraz won the toss and sent India to bat first in the crucial game and the decision back-fired, giving Pakistan their third loss of World Cup 2019.

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RBI Cuts Rate To Lowest In 9 Years To Boost Growth, Loans May Get Cheaper

The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or repo rate by 25 basis points or 0.25 per cent to 5.75 per cent. The six-member committee also changed the policy stance to “accommodative” from “neutral”. Repo rate is the interest rate at which commercial banks borrow short-term funds from the RBI. The rate cut comes after official data last month showed the country’s GDP or gross domestic product grew 5.8 per cent in the quarter ended March 31. That meant India lost its status as the fastest growing major economy to China, which clocked a growth of 6.4 per cent in the three-month period.

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Congress slams BJP for declaring Kargil war veteran as foreigner

The Congress on Thursday hit out at the Bharatiya Janata Party (BJP) government over a tribunal in Assam declaring a Kargil war veteran a foreigner, saying it shows the “high-handedness and flawed manner” in which the National Register of Citizens (NRC) exercise is being implemented in the northeastern state.

Mohammad Sanaullah, a resident of Kolohikash village in Kamrup district, was declared a foreigner by the Foreigners Tribunal, Kamrup.

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Vote Voice | Anil Kapoor praises PM Modi on the rein of piracy bill

For the last several years, the cinema industry has to face piracy. It has been seen that in spite of all the efforts of the producers, the recorded movies in the duplicate and theater are available for online download. Needless to say, manufacturers have to suffer commercial losses. Recently the complaints of several movies of Piracy appeared. The Central Government has taken initiative to solve the big problems of the cinema industry.

According to the reports, the proposal for amendment to the Cinematograph Act, 1952 of the Ministry of Information and Broadcasting, in the Government of Narendra Modi, has been approved and the Cinematograph Amendment Bill, 2019 has been approved. The purpose of this bill is to prevent the piracy of films in any illegal manner. Having passed the important bill, actor Anil Kapoor tweeted thanked Prime Minister Narendra Modi.

“The proposed amendment will increase the revenue of the industry, employment will increase, important objectives of India’s national lP policy will be met, and the online piracy will be relieved against the content of the wrong way,” the actor wrote in the tweet. Thank you to Jee and cabinet. “The Narendra Modi government has announced several relief announcements for the film industry.

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