Sunday, July 16, 2017


GERMAN WARPLANES FORCE KOREAN AIR JET TO LAND IN STUTTGART

Two German military jets were scrambled to intercept a Korean Air plane with 200 passengers on board, forcing it to land in Stuttgart, Germany. The military planes were dispatched after the Korean airliner, travelling from Seoul to Zurich, failed to respond via radio Saturday night, according to Stuttgart airport officials, cited by dpa. It is not yet clear what led to the loss of radio contact. As a result, affected passengers were stuck at the airport due to a flight curfew, spending the night at the airport in Germany’s southwest.
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INDIA WILL BECOME SELF-SUFFICIENT IN PULSES, OILSEEDS:

Agriculture Minister Radha Mohan Singh today exuded confidence that India will become self-sufficient in pulses and oilseeds production in the coming years. He said, the government is taking steps to boost yields through use of better quality seeds and technologies.
The country imports over 5 million tonnes of pulses and about 14.5 million tonnes of vegetable oils, comprising edible and non-edible oils every year to meet domestic demand.
Addressing the 89th foundation day of the Indian Council of Agricultural Research (ICAR) in New Delhi, Mr Singh said the government is not only focusing on increasing production but taking steps to make agriculture income-centric as part of its target to double farmers’ income by 2022.
The Minister said, the green revolution helped India in becoming self-sufficient in wheat and rice, but the country is still importing pulses and oilseeds to meet domestic demand and spending huge amount of foreign currency. The country’s pulses production increased to record 22.40 million tonnes in the 2016-17 crop year (July-June) against 16.35 million tonnes in the previous year. Oilseeds output rose by 29 per cent to 32.52 million tonnes last year.
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16 AMARNATH PILGRIMS KILLED AS BUS FALLS INTO GORGE

Jammu & Kashmir, 16 Amarnath pilgrims were killed and 19 others injured after a vehicle they were travelling in skidded off the road and fell into a gorge on Jammu Srinagar national highway in Ramban district today.
A senior police spokesman told AIR that 19 injured were being airlifted for specialized treatment while 8 others have sustained minor injuries.
Security officials said that a bus carrying yatris was heading towards Srinagar for Amarnath cave when it met with an accident after a tyre burst near Army Camp Nachilana under police station Banihal on the highway.
Prime Minister Narendra Modi has expressed grief on the loss of lives of Amarnath Yatris due to a bus accident in Jammu and Kashmir. In a tweet, Mr Modi said, his thoughts are with the families of the deceased.
He also prayed that those injured in the bus accident recover soon. 16 pilgrims were killed and several others injured when their vehicle fell into a gorge on the Jammu- Srinagar National Highway in Ramban district.
Home Minister Rajnath Singh has also expressed grief on the loss of life of Amarnath yatris in Ramban Bus accident. In a tweet, Mr Singh said, his heart goes out to the families of Amarnath Yatris who lost their loved ones in the bus accident.
He also prayed are with the injured. Mr Singh spoke to Jammu and Kashmir Chief Minister Mehbooba Mufti on the bus accident. Ms Mufti apprised Mr Singh of the ongoing rescue operations. The injured Amarnath Yatris were airlifted for treatment in Jammu.
Edit"16 Amarnath pilgrims killed as bus falls into gorge"

WHOLESALE INFLATION FALLS TO 0.9% IN JUNE

Wholesale inflation fell to 0(point)9 per cent in June this year as prices of food articles, including vegetables, fell.
The inflation figure is the lowest in at least eight months–since the availability of data for the new 2011-12 base year series.
Inflation based on the wholesale price index had stood at 2.17 per cent in May this year, and minus 0.09 per cent in June last year.
Government data released today showed that wholesale inflation in food articles stood at minus 3.47 per cent in June. Inflation in vegetables was minus 21.16 per cent, meaning that overall vegetable prices fell. Inflation in potatoes was minus 47.32 per cent in June.
Data earlier this week had showed that retail inflation eased to a record low of 1.54 per cent in June.
Digital transactions ‘leapfrogged
State Bank of India has said that India has leapfrogged three years of digitisation in just seven months post demonetisation and the government’s drive to promote use of debit and credit cards at point of sale or PoS terminals.
According to a SBI research report, the volume of digital transactions has crossed the 70,000 crore rupee level in last seven months. It informs that banks have installed 11.8 lakh additional POS terminals to facilitate this movement.
The report says that similar trends are observed in usage of pre-paid instruments including m-wallet, PPI cards and mobile banking.
The SBI Report claims that an increase of 10,000 crore rupees of transactions by credit and debit cards at PoS terminals will lead to around 1.1 percent decline in Consumer Price Index based inflation.
Edit"Wholesale inflation falls to 0.9% in June"

HARINDER PAL SANDHU WINS VICTORIAN OPEN SQUASH

India’s Harinder Pal Sandhu continued his fine run by winning a second title in two weeks, beating top-seed Rex Hedrick of Australia 12-14, 11-3, 11-4, 11-7 in a 77-minute final of Victorian Open squash, in Melbourne today. Sandhu, who had reached the final without dropping a game, ran into an opponent, who was ready for a long battle.
The first game saw long rallies and Hedrick held his nerve to win it on extra points as the two mixed caution with aggression. Third-seeded Sandhu, who had won the South Australian Open last week, stepped up to win the second game 11-3 using an attacking game to keep his rival at bay. The third game also followed a similar pattern as Sandhu romped home 11-4.
The 28-year-old Indian carried the momentum into the fourth game and stayed ahead to win it 11-7. It was his fourth title of the year. He had beaten Piedro Schweertman of the Netherlands yesterday to reach the final.
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