India - The Purbottar

08 Aug

Kerala Plane Crash Survivors offered a Final Compensation by Air India Express

editor0 CommentsIndiaAir India Express

The Air India Express flight from Dubai with 190 people on board, including a six-member crew, overshot the tabletop runway during landing at the Kozhikode Kerala airport amid heavy rains on August 7, 2020. all 165 passengers, who were injured and to the family of 19 flyers who died in the plane crash, in Kerala's Kozhikode district last year has been offered a compensation by Air India Express.Allegedly 80 out of the 165 injured flyers have taken up the offers given by the airline however the remaining 85 injured flyers and the family of the 19 passengers who died hasn’t…

07 Aug

No change in fuel prices in almost 3 weeks

editor0 CommentsBusiness, IndiaFuel

Oil marketing companies (OMC) continue to pause fuel price revision for the 20th consecutive day on Friday as a wait and watch policy continues amid fluctuating global crude prices. Global crude prices have swung in all directions in July starting with a low of $70 a barrel to quickly breaching to $77 a barrel, and then fall below $70 a barrel to crossing $75 a barrel later in the month. The oil prices have softened again to just over $70 a barrel on concerns of growing Covid cases, slowing industrial recovery globally and rising US oil inventory. With no price…

07 Aug

PNB MD & CEO CH SS Mallikarjuna Rao’s view on RBI’s Monetary Policy

editor0 CommentsBusiness, IndiaPPNB, RBI

The RBI has rightly prioritized growth over inflation to rejuvenate economic growth on a durable basis and mitigate the extraordinary impact of Covid 19. The decision of keeping the repo rate unchanged along with maintenance of accommodative stance is on expected lines as low interest rates are critical to economic revival. Additional liquidity measures through extension of deadline of On tap TLTRO scheme till December 31, 2020 will have positive implications for stressed sectors like retail, MSME and real estate. Amendment of guidelines related to export credit in foreign currency and restructuring of Derivative contracts is a much needed move…

07 Aug

Jharkhand judge death: SC pulls up CBI for not responding to judges’ complaints, issues notice

editor0 CommentsIndiajudiciary, SUPREME COURT

The Supreme Court on Friday said trial court judges, especially those dealing with cases involving gangsters and high-profile people, are most vulnerable to external threats and bristled at the inaction of the CBI, Intelligence Bureau and the police in countering the threats to create a conducive atmosphere for judges to do justice without fear or favour. A bench of Chief Justice N V Ramana and Justice Surya Kant said, “In criminal cases involving gangsters and high profile persons, when the accused do not get expected orders from the courts, they start maligning the judiciary. Unfortunately, this is a new trend…

06 Aug

Johnson & Johnson applies for Emergency Use Authorization of its single-dose Covid vaccine in India

editor0 CommentsIndia, InternationalCovid-19 vaccine

Johnson & Johnson has applied for the Emergency Use Authorisation (EUA) of its single-dose Covid-19 vaccine, said an official statement issued by the US-based pharmaceutical company on Friday. "On August 5, 2021, Johnson & Johnson Pvt. Ltd applied for Emergency Use Authorisation (EUA) of its single-dose covid-19 vaccine to the Government of India," read the statement. Johnson & Johnson claimed that its single-shot vaccine, in clinical trials, proved to be 85 per cent effective in preventing severe disease. The vaccine also showed protection against Covid-19 related hospitalisation and death, it said. "The EUA submission is based on topline efficacy and…

06 Aug

LAC: India and China disengage in Gogra, all temporary structures dismantled

editor0 CommentsIndia, InternationalChina, INDIA

India and China have disengaged their troops in the Gogra Heights area of eastern Ladakh. This comes nearly a week after the two sides held the 12th Corps Commander-level talks at Moldo on the Chinese side of the Line of Actual Control (LAC). The disengagement has taken place around Patrol Point 17A in eastern Ladakh. This had been one of the friction points between the two countries amid the military tussle that has been on for more than a year. "All temporary structures and other allied infrastructure created in the area by both sides have been dismantled and mutually verified.…

05 Aug

Sensex gives up gains after touching new high

editor0 CommentsBusiness, IndiaINDIANECONOMY, sensex

The key Indian equity indices gave up gains on Thursday after touching record highs during the initial trade. The BSE Sensex touched a new high of 54,576.64, and the Nifty50 on the National Stock Exchange hit a record 16,294.65 points. Around 10.25 a.m, Sensex was trading at 54,284.73, lower by 85.04, or 0.16 per cent from its previous close of 54,369.77. It opened at 54,576.64 and has so far touched an intra-day low of 54,243.97 points. The Nifty50 on the National Stock Exchange was trading at 16,231.20, lower by 27.60 points or 0.17 per cent from its previous close. Analysts…

05 Aug

Pegasus row: SC pulls up lawyer, says no notice for Modi, Shah

editor0 CommentsCrime, Indiapegasus

The Supreme Court on Thursday pulled up advocate M.L. Sharma for making Prime Minister Narendra Modi and Home Minister Amit Shah as respondents in his petition seeking a court-monitored SIT probe into the Pegasus snooping issue. A bench comprising Chief Justice N.V. Ramana and Justice Surya Kant said: “You have included certain individuals (Prime Minister and Home Minister as respondents in the petition). We can’t issue notice like this. Don’t try to take advantage of things, you have a defective memo of parties”. Sharma had argued that the government is fabricating material in the computer through this software.

05 Aug

NIA raids 5 places in J&K, Karnataka, arrests 4 for raising funds for IS

editor0 CommentsBreaking News, Crime, Indiajammu and kashmir, NIA

The National Investigation Agency (NIA) on Wednesday carried out searches at five locations in Jammu and Kashmir, and Karnataka in the ISIS Kerala module case and arrested four persons, involved in raising funds and radicalising and motivating more people to join the banned terror organisation. An NIA spokesperson here said that agency personnel, along with state police units, conducted simultaneous searches at five locations — three in Jammu and Kashmir and one each in Mangaluru and Bengaluru in Karnataka. The official said that searches were conducted at the premises of the accused, who were continuously in touch with arrested accused…

05 Aug

IndiGo launches special fares on 15 yr anniversary

editor0 CommentsBusiness, Indiaindigo

To celebrate its 15 years of operations, airline major IndiGo on Wednesday announced a three-day special sale offering all-inclusive fares starting from Rs 915 on its domestic and international connections. Accordingly, the offer will be live from August 4-6, 2021 and will be applicable on travel between September 1, 2021 till March 26, 2022. “Additionally, the ‘6E’ add-ons including ‘Fast Forward, 6E Flex, 6E Bagport’ are being offered at Rs 315 while the ‘Car Rental’ service will start at Rs 315.”