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DAILY NEWS ANALYSIS from Hindu, livemint, HT, Indian Express 26th July 2017 By JATIN VERMA Educator Unacademy For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Page-l: In a first, Nifty breaches the 10,000-mark. . What is the Nifty and the Sensex? . Both Nifty & Sensex are 'Indices' They represent a group of top companies averaged out in a single number. If the Sensex is up, you can say that on average, most stocks are gaining and the opposite is true if the Index falls. There are two main exchanges in India - The National Stock Exchange (NSE) & The Bombay Stock Exchange (BSE). The Nifty is an index from the NSE, it has 50 stocks in the index. The Sensex, short for the sensitivity Index is from the BSE and comprises of 30 stocks. The sons s . Nifty is weighted average of 50 top stocks from 24 sectors. *Page-1+10: Govt. may not split Air India for stake sale . The central government may not sell Air India's domestic and international operations separately, senior government officials have said. disinvestment process of the national carrier may become unattractive acquiring its international operations . Government is not willing to go back to the days of Air India and [erstwhile] Indian Airlines as the . This might come as a hurdle to low-cost airline IndiGo's plan to buy a stake in Al as it was keen on
Page-ll: Centre gives 35 names for High Court judges The Law Ministry has forwarded the names of 35 candidates to the SC collegium for d by the HC collegiums of Madras, Kerala, Karnataka, Jharkhand and Gujarat. The government has forwarded the names following a background check by the Intelligence Bureau. It is learnt that most candidates are from the subordinate judiciary The five HCs had a vacancy of 97 judges as on July I Background: Memorandum of Procedure Earlier clauses in the MoP, like the executive's prerogative to reject judicial candidates recommended by the Collegium on the ground of "national security," are no longer a roadblock. Supreme Court collegium, initailly, wanted the government to specify the reasons for rejecting a name forwarded to it by the top court. . The MoP is procedure evolved in 1998 under which appointment/transfers of judges are done with mutually acceptable norms between the collegium comprising the five senior most SC judges led by the CJl and the Government.
Page-10:NIA collects property details National Investigation Agency (NIA) is a central agency established to combat terror and act as Central Counter terrorism Law Enforcement Agency. It was established after the 2008 Mumbai terror attacks with the enactment of National Investigation Agency Act, 2008. The agency has concurrent jurisdiction to deal with terror related crimes across states without obtaining special permission from the states, apart from covering offences that are challenges to the sovereignty and integrity of the country, it also probes counterfeit currency, human trafficking, organized crime, violations of atomic energy act Special NIA Courts Many Special Courts have been established under Sections II and 22 of the NIA Act 2008 for trail of the cases registered at various police stations of National Investigation Agency. The Central Government has the power to constitute one or more Special NIA courts in an area. As of now, there are 38 Special NIA Courts Composition . The Special NIA Courts are presided over by a judge appointed by the Central Government on the recommendation of the Chief Justice of the High Court with jurisdiction in that region
Page-l l: India rejects OIC move on vigilantism India strongly rejected the resolutions of the Organisation of Islamic Cooperation (OIC) that had expressed concern about the recent attacks on people by cow-vigilante groups. An official statement from the Ministry of External Affairs stated that the resolutions adopted at the Organisation's latest foreign ministers' meeting were"factually incorrect" what is Organisation of Islamic Cooperation (OIC)? The OIC is an international organization founded in 1969 Members: It consists of 57 member states including Iran and Pakistan. Headquarters: Jeddah, Saudi Arabia. Objectives: [i] Raise the collective voice of the Muslim world [ii] Collectively work to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony NOTE: OIC has permanent delegations to United Nations and the European Union. Issues with India in the Past: In this organisation, India is a blocke population.India has been blocked by Pakistan from joining the OIC over Kashmir issue. OIC regard parts of Kashmir as "occupied by India'" d country, though it has about 2% of the world's Muslim
Page 12 International: China res back at U.S. accusations over aerial encounter China denied its fighter jet pilots operated dangerously during an encounter with a U.S. surveillance plane in international airspace in which the American pilot took evasive action to avoid a possible collision. Chinese Defence Ministry said that the performance of the pilots of the two J-10 fighters was "legal, necessary and professional". . China criticised frequent close-in surveillance runs by U.S. planes as raising the chance of accidents, saying such missions "threatened China's national security, harmed China-U.S. sea-air military safety, endangered the safety of pilots from the two sides and were the root cause of China-U.S. sea-air unexpected incidents" The U.S. should stop such "unsafe, unprofessional and unfriendly military activities intended at collecting Chinese computer and voice data in hopes of gaining insight into the workings of the People's Liberation Army (PLA)."
e China in 2013 declared an air defence identification zone [ADIZ] over a partly contested portion of the East China Sea, demanding foreign aircraft declare their presence and follow Chinese order it. It wasn't clear if Sunday's encounter took place inside the zone. PLA itself has been conducting such missions further and further from its home ports . The U.S. and others swiftly dismissed the zone as invalid and have largely ignored . While China has long chafed at U.S. surveillance operations targeting its military, the For Indian Polity Crash course, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Page 12 World News:Sri Lanka clears revised deal for Hambantota port . Sri Lanka's Cabinet cleared a revised deal for the Chinese-built port in Hambantota. . The modified agreement, the government added, was more profitable to Sri Lanka and also addressed security concerns raised by other countries. Contours of Revised deal: To sell 70% stake in the southern port to the state-run China Merchants Port Holdings for $1.12. billion. 2. As per the revised agreement Sri Lanka will manage the port security thereby putting to rest the fears 2. As per the revised agreement Sri Lanka will manage the port security, thereby putting to rest the fears, that the port would be used as a military naval base 3.While the Chinese would manage port operations, no naval ship, including Chinese ones, can call at Hambantota without our permission Wary of the Chinese . India's apprehensions about the apparently growing Chinese presence in the island nation are well known, given the two countries' competing strategic interests here. The Hambantota port is part of China's Belt and Road Initiative. . Beijing's stake in the port and its plan to acquire 15,000 acres of adjoining land to help Colombo set up an industrial zone have strengthened the fears of those wary of China's growth in the region.
Page-12: For China's global ambitions, 'Iran is at the centre of everything For millennia, Iran has prospered as a trading hub linking East and West. Now, that role is set to expand in coming years as China un- spools its 'One Belt, One Road' project, which prom- ises more than $I trillion in infrastructure investment-bridges, rails, ports and en- ergy in over 60 countries across Europe,Asia and Africa. . Iran, historically a crossroads, is strategically at the centre of those plans. . Like pieces of a sprawling geopolitical puzzle, components of China's infrastructure network are being put in place. In eastern Iran, Chinese workers are busily modernising one of the country's major rail routes, standardising gauge sizes, improving the track bed and rebuilding bridges, with the ultimate goal of connecting Tehran to Turkmenistan and Afghanistan. . Much the same is happening in western Iran, where railroad crews are working to link the capital to Turkey and, eventually, to Europe. Other rail projects will connect Tehran and Mashhad with deepwater ports in the country's south. proge dependent on Bejing during the years of program, Iran is now critical to China's ability to realise its grandiose ambitions. Other routes to Western . Once dependent on Beijing during the years of international isolation imposed by the West for its nuclear markets are longer and lead through Russia, potentially a competitor of China.
A 575-mile electrified rail line linking Tehran and Mashhad, financed with a $1.6 billion loarn from China. 50 UZB Caspian Sea ARMAZER. TURKMENISTAN . When completed and attached to the wider .Tabriz network, the new line will enable Iran to export goods as far as northern Europe, Poland and Russia, at much less cost than today When finished, the proposed rail link will stretch nearly 2,000 miles, from Urumqi, the capital of China's western region of Xinjiang, to Tehran. Mashhad , Kuh-e Com TEHRAN, Kermanshah Birjand AFG. Yazd Ahvaz ndar-e Emam Khomeyni 30 Kerman adan 30- Shir z Sat T B shehr Zahedan andar 'Abbas Persian SAUDI ARABIA 100 200 km . If all goes according to plan, it will connect PAK bahar TAR mr Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan, o Guf of Oman 0 100 200 mi 0 UAE
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